Home/Static Quiz/Static Quiz- 14th October 2025 Static Quiz Static Quiz- 14th October 2025 14/10/2025 152 Less than a minute 1. The 12th Five Year Plan (2012–17) in India focused on: Inclusive and Sustainable Growth Faster and More Inclusive Growth Growth with Social Justice Self-reliance and Poverty Removal 2. The term ‘Prompt Corrective Action (PCA)’ is associated with: Public Debt Management Non-Banking Financial Companies Scheduled Commercial Banks Insurance Regulation 3. Which of the following correctly describes the term ‘Ways and Means Advances (WMA)’? Loan given by RBI to State Governments to meet temporary cash shortfall Long-term capital assistance to banks Revenue grants given by the Centre to States Fiscal transfer under Finance Commission 4. ‘Tax buoyancy’ refers to: Ability of tax system to increase revenue with rising GDP The ratio of indirect to direct taxes Elasticity of government expenditure Stability of fiscal deficit 5. The largest source of revenue for the Union Government in India is: Corporate Tax Income Tax Goods and Services Tax (GST) Customs Duties Loading … Download as PDF Name * Phone Number * Email ID * Query Δ
.png)
