general-knowledge-indian-economy Related Question Answers

1. Devaluation of a currency means





2. In the second nationalization of commercial banks, ___ banks were nationalized.





3. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves interest payments subsidies defence irrigation





4. Depreciation means





5. Deficit financing leads to inflation in general, but it can be checked if





6. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits





7. India changed over to the decimal system of coinage in





8. The association of the rupee with pound sterling as the intervention currency was broken in





9. On which one of the followings is the benefits received principle of taxation to achieve optimality bases?





10. One of the reasons for India's occupational structure remaining more or less the same over the years has been that





11. Gross domestic capital formation is defined as





12. On July 12, 1982, the ARDC was merged into





13. Which of the following is the most appropriate cause of exports surplus?



14. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to





15. Which of the following items would not appear in a company's balance sheet?




16. The currency convertibility concept in its original form originated in





17. In the state of India, the State Financial Corporation have given assistance mainly to develop





18. The central co-operative banks are in direct touch with





19. The first wholly Indian Bank was set up in





20. States earn maximum revenue through





21. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are





22. Debenture holders of a company are its





23. Excise duty is a tax levied on the





24. In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines





25. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?





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