Trends of Government Spending

Q.

What are the major factors responsible for the high growth of the service sector?

Q.

The Education Commission in 1966 had recommended that at least 6% of GDP should be spent on education in India. However, even after 50 years of such a recommendation, the government continues to spend 3-4% of GDP on education. How has this affected the education sector in India? What value stands violated by the Central Government?

Q.

Why was educational cess imposed by the government on all union taxes?

Q.

"China performed better than India". Comment.

Q.

How is the government expenditure on education expressed? Which in your opinion is a better measure?

Q.

Name some notable economist, who estimated India’s per capita income during the colonial period.

Q.

'Indian education system is considered faulty from the employment angle'. Do you agree? Explain.

Q. was announed on Union taxes to boost education spending.

1. GST
2. Education Cess
3. Student Fee
4. School Cess

Q. In terms of GDP the share of tertiary sector in 2003 was _____________.

1. Between 20% to 30%
2. Between 30% to 40%
3. Between 50% to 60%
4. More than 70%

Q. Currently, India spends close to % on education as a share of GDP.

1. 1
2. 4
3. 10
4. 25

Q. The tenth five year plan aimed to achieve an average GDP growth rate of _______.

1. 7%
2. 6.8%
3. 8%
4. 10%

Q.

The current level of expenditure on education as a proportion of GDP is about 4 percent. State true or false.

1. True

2. False

Q. The percentage of education expenditure of GDP expresses _____.

1. how much of our income is being committed to the development of education in the country
2. both A and B
3. none of these
4. the importance of education in the scheme of things before the government

Q. With an increase in national income, both APC and APS fall. True/false

Q. Who defined economic as "economics is that part of knowledge which relates to wealth"

1. Carlyle
2. Bailey
3. Ruskin
4. FA Walker

Q. The share of tertiary sector in India's GDP in (2011-12) is _____________.

1. Around 46%
2. Around 42%
3. Around 74%
4. None of the above

Q. A reduction in government spending leads to fall in the income and purchasing power of the people.

1. True
2. False

Q.

Female literacy in India is:

1. 85%

2. 70%

3. 66%

4. 75%

Q. Which Union Budget introduced the Education cess?

1. 2003
2. 2004
3. 2005
4. 2002

Q. The literacy rates have increased from 18% in 1951 to 65% in __________.

1. 1971
2. 1991
3. 1981
4. 1961
5. 2001

Q. State whether the following statements are True or False.
The Ninth Five Year Plan was a failure in terms of GDP growth targets.

1. True
2. False

Q.

How far is it correct to say that in recent past, India has experienced some significant changes in the contribution to GDP by the service sector? explain.

Q. The value of _____ can never be negative, while can have a value equal to one.

1. APS, APC
2. MPG, APS
3. APC, APS
4. MPS, APC

Q. Education expenditure is dismally low in .

1. Kerala
2. Lakshadweep Islands
3. Bihar
4. Himachal Pradesh