The Tendulkar Committee is associated with: MCQ with Answer and Explanation

The Tendulkar Committee is associated with:
A. tax reforms
B. agriculture credit
C. poverty estimation methodology
D. banking reforms
Answer: Option C
Solution (By JKSSB Mock Tests)
The Tendulkar Committee recommended a new methodology for poverty estimation.

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Practice More Economy Set 1 Questions

Question #1
Which of the following has been a major driver of service sector growth in India?
A. Only growth in agricultural productivity
B. Complete restriction on foreign investment in services
C. IT and IT-enabled services, liberalisation and rising incomes
D. Decline in domestic and global demand

Correct Answer: Option C


Explanation:
The expansion of IT and ITES, financial services, trade and tourism, supported by liberalisation and rising incomes, has driven the rapid growth of India's service sector.

This question belongs to: Economy GK Economy Set 1
Question #2
The term 'Quantitative Restrictions' on imports refer to:
A. Export subsidies
B. Tariffs only
C. Exchange rate controls only
D. Limits on the quantity or value of goods that can be imported

Correct Answer: Option D


Explanation:
Quantitative restrictions (QRs) are non-tariff barriers that limit the volume or value of imports, such as quotas and licensing requirements.

This question belongs to: Economy GK Economy Set 1
Question #3
A carbon tax is a tax on:
A. emissions of carbon dioxide or carbon content of fuels
B. all imports
C. electricity consumption only
D. renewable energy

Correct Answer: Option A


Explanation:
A carbon tax is levied on carbon emissions or the carbon content of fossil fuels.

This question belongs to: Economy GK Economy Set 1