AILET entrance exam Question Bank Solutions

As per NITI Aayog's Health Index, 2018, which of the following States is the healthiest State in India?

India and China jointly submitted a proposal to the World Trade Organisation (WTO) calling for the elimination -by developed countries - of the most trade-distorting form of farm subsidies, known in WTO parlance as __________ support as a prerequisite for consideration of other reforms in domestic support negotiations.

Choose the appropriate alternative:
Which has been termed as the 'Green Gold' by the Finance Minister?

Which of the following statements is correct as per the announcement of Union Budget 2018-19?

According to John Templeton - Bull markets are born on pessimism, grow on scepticism, mature on optimism and die on _____________.

If RBI lowers the Cash Reserve Ratio (CAR), then

1. supply of money in the economy may increase.
2. banks will increase interest rates.
3. exports will become cheaper.

GST has a _____ -tier structure for taxation of goods and services.

Which of the following statements is correct about FDI in India?

If the tax rate increases with a higher level of income, it  shall be called

What is the meaning of ‘Gilt Edged Market’?

The Theory of Economic Drain from India to England was propounded by

"Reduction in rate of taxation leads to more than proportionate increase in tax yield". This law is known as 

The VDIS-Voluntary Disclosure of Income Scheme was the  brainchild of

A company is said to be 'Sick' when the accumulated loss at  the end of any financial year leads to erosion of_______percent of its net wealth.

Gunnar Myrdal has dealt with the problem of Asian countries  in her book ASIAN DRAMA 'regarding'

A wealth tax on the agricultural property is levied by

Census takes place in India

Who among the following was the Chairman of Sixth Pay  Commission?

What is the sequence in which the Indian economy has undergone the process of convertibility?

I. Rupee floated on the trade account. 
II. Part convertibility under a dual exchange rate system. 
III. Introduction of Exim scrips. 
IV. Rupee made convertible on the current account. 

Which of the following currency exchange rate mechanisms has been adopted by India?