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Indian Economy - Indian Economy (5)

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Indian Economy - Indian Economy

33. 

Notes on which denomination has the portrait of Mahatma Gandhi printed on them?

A. 1000 rupee
B. 500 rupee
C. 100 rupee
D. All of the above

Answer: Option D

Explanation:

No answer description available for this question. Let us discuss.

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34. 

The current price index (base 1960) is nearly 330. This means that

A. all items cost 3-3 times more than what they did in 1960
B. the prices of certain selected items have gone up to 3-3 times
C. weighted means of prices of certain item has increased 3-3 times
D. gold price has gone up 3-3 times

Answer: Option C

Explanation:

No answer description available for this question. Let us discuss.

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35. 

The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

A. 1984
B. 1986
C. 1987
D. 1989

Answer: Option C

Explanation:

No answer description available for this question. Let us discuss.

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36. 

Regional rural banks

  1. have limited area of operation
  2. have free access to liberal refinance facilities from NABARD
  3. are required to lend only to weaker sections
A. I, III
B. II, III
C. I, II, III
D. I, II

Answer: Option D

Explanation:

No answer description available for this question. Let us discuss.

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37. 

The co-operative credit societies have a

A. two-tier structure
B. three-tier structure
C. four-tier structure
D. five-tier structure

Answer: Option B

Explanation:

No answer description available for this question. Let us discuss.

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38. 

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

A. zero
B. equal to government income
C. larger than government income
D. negative

Answer: Option B

Explanation:

No answer description available for this question. Let us discuss.

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39. 

Since the inception of the co-operative movement, rural credits has been

A. institutionalized
B. rationalized
C. cheapened
D. All of the above

Answer: Option D

Explanation:

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40. 

Revenue of the state governments are raised from the following sources, except

A. entertainment tax
B. expenditure tax
C. agricultural income tax
D. land revenue

Answer: Option C

Explanation:

No answer description available for this question. Let us discuss.

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