As announced by the Finance Minister in his budget speech on 28-2-2011, the income tax exemption limit for individuals other than senior citizens and women has been raised to

• Rs 180000

• Rs 190000

• Rs 200000

• Rs 250000

The fringe benefit tax was introduced in the budget of

• 2003-04

• 2004-05

• 2005-06

• 2006-07

Judicial review in the Indian Constitution is based on

• Rule of Law

• Due process of Law

• Procedure established by Law

• Precedents and Conventions

The Judges of the Supreme Court retire at the age of

• 60 yr

• 65 yr

• 62 yr

• 58 yr

Which innovative discussion process is introduced by the Indian Parliament to the World Parliamentary systems?

• Question hour

• Zero hour

• Resolutions

• Presidential speech

In the Budget estimates for 2011-12, an allocation of Rs 400 crore has been made to bring in a green revolution in the East in the cropping system of

• Wheat

• Rice

• Jowar

• Pulses

When there is an official change in the exchange rate of domestic currency then it is called

• Appreciation

• Depreciation

• Revaluation

• Deflation

Who was the President of the Constituent Assembly?

• Pt. Jawahar Lal Nehru

• Sardar Patel

• Dr. Rajendra Prasad

• Dr. BR. Ambedkar

The Drafting of the Constitution was completed on

• 26th January 1950

• 26th December 1949

• 26th November 1949

• 30th November 1949

Inflation redistributes income and wealth in favour of

• Pensioners

• Poor

• Middle Class

• Rich