421: Consider the following statements:

1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
422: Of the various sources of income to the Gram Panchayats, one source is

(a) Income tax

(b) Sales tax

(c) Professional tax

(d) Levy duties
423: Match List I with List II and select the correct answer using the codes given below the Lists :

List I List II

(Publisher) (Publication)

I. Ministry of Industry (A) Report on Currency and Finance
II. Central Statistical Organisation (B) Economic Survey Statistical Organisation
III. Reserve Bank of India (C) Wholesale Price Index
IV. Ministry of Finance (D) National Accounts Statistics

Codes:

(a) I-D, II-C, III-B, IV-A
(b) I-C, II-D, III-A, IV-B
(c) I-D, II-C, III-A, IV-B
(d) I-C, II-D, III-B, IV-A
424: Which among the following States possesses oil resources based on geographical location?

(a) Kerala

(b) Nagaland

(c) Assam

(d) Meghalaya
425: A ship sailing from the eastern extremity of the Aleutian Islands to Dutch harbour crosses 180° meridian at 23.30 hrs on January 1, 1999. What time and date will be recorded by the captain of the ship in his diary after one-hour journey from the point of crossing of the meridian ?

(a) January 1, 0030 hrs

(b) January 2, 0030 hrs

(c) January 3, 0030 hrs

(d) January 4, 0030 hrs