Previous year MCQs

Economy UPPSC 2006 GS-I
Question

The tax on import and export is known as

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Custom Duty

Detailed Solution:

The correct answer is “Custom Duty ”.
Custom duty, also known as customs duty, is a tariff or tax imposed on goods when they are transported across international borders. It is levied by the customs authority of a country to raise revenue and/or protect domestic industries from foreign competition.

Similar Questions:

The Dependency Ratio in India is declining because:
  1. A) Population of 0-14 years is relatively high
  2. B) Population of 60 years and above is relatively high
  3. C) Population of 15-59 years is relatively high
  4. D) Population of 0-14 years and 60 years and above together are relatively high
The "gilt-edged" market deals in:
  1. A) Worn and torn currency notes
  2. B) Bullion
  3. C) Govt. securities
  4. D) Corporate bonds
Consider the following statements:

1. The crop insurance scheme in India was started in the year 1985.
2. The total number of agroclimatic zone in U.P. is 9.
3. Food for work programme was started in the year 1977.
4. Blue resolution is concerned with production of mustard.

Of these statements:
  1. A) only 1 and 2 are correct
  2. B) only 2 and 3 are correct
  3. C) only 3 and 4 are correct
  4. D) only 1, 2 and 3 are correct
Which one of the following sequences is correct in the context of three largest wheat producing states?
  1. A) Punjab, Uttar Pradesh and Haryana
  2. B) Uttar Pradesh, Haryana and Punjab
  3. C) Uttar Pradesh, Madhya Pradesh and Punjab
  4. D) Punjab, Haryana and Uttar Pradesh
The Parliament can make law for the whole or any part of India for implementing International Treaties
  1. A) With the consent of all the states
  2. B) With the consent of majority of states
  3. C) With the consent of the states concerned
  4. D) Without the consent of any state
As per recommendations of the Twelfth Finance Commission, percentage share of states of the shareable central taxes is:
  1. A) 28.5
  2. B) 29.5
  3. C) 30.5
  4. D) 32.4
A can do a piece of work in 12 days and B can do it in 10 days and A,B and C together in 5 days. C alone can do it in
  1. A) 17 days
  2. B) 27 days
  3. C) 60 days
  4. D) 30 days
If complete ship is hired, the Shipping Company issues
  1. A) Shipping Order
  2. B) Charter Party
  3. C) Bill of Entry
  4. D) Railway Receipt
Match List – I with List – II and select the correct answer from the code given below the lists.
List-I (Revolution) – List – II (Related with)

A. Golden Revolution – 1. Oil seed production
B. Grey Revolution – 2. Horticulture and Honey
C. Yellow Revolution – 3. Petroleum production
D. Black Revolution – 4. Fertilizers

Code :
A B C D
  1. A) 2 4 1 3
  2. B) 2 3 4 1
  3. C) 1 2 3 4
  4. D) 4 2 1 3
During the mid 80s decade of twentieth century, the negative aspects of development were discussed at large. Which one among the following was NOT such important?
  1. A) Degradation of natural resources
  2. B) Environment pollution
  3. C) Politics and Development
  4. D) Displacement and Rehabilitation of masses
The Hindu rate of growth refers to the growth rate of:
  1. A) Per Capita Income
  2. B) National Income
  3. C) Population
  4. D) Literacy
At present, India’s crude mortality rate is -
  1. A) In Below 9%
  2. B) In Between 9-10%
  3. C) In Between 10-11%
  4. D) In Between 11-12%