596: Which one of the following suggested the reconstitution of the Viceroy's Executive Council in which all the portfolios including that of War Members were to be held by the Indian leaders?
(a) Cripps Proposal
(b) Simon Commission
(c) Shimla Conference
(d) Cabinet Mission
597: What is/are the most likely advantages of implementing 'Goods and Services Tax (GST)'?
1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India.
2. It will drastically reduce the 'Current Account Deficit' of India and will enable it to increase its foreign exchange reserves.
3. It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future.
Select the correct answer using the code given below:
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
598: The Narasimhan Committee for Financial sector Reforms has suggested reduction in
(a) SLR and CRR
(b) SLR ,CRR and priority Sector Financing
(c) SLR and Financing to capital goods sector
(d) CRR Priotity Sector Financing and financing to capital goods sector
599: Which one of the following is the appropriate reason for considering the Gondwana rocks as most important of rock systems of India?
(a) More than 90% of limestone reserves of India are found in them
(b) More than 90% of India's coal reserves are found in them
(c) More than 90% of fertile black cotton soils are spread over them
(d) None of the reasons given above is appropriate in this context
600: Which of the following crops is a tropical monsoon crop?
(a) Rice
(b) Wheat
(c) Ragi
(d) Jowar