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  • Question
  • The association of the rupee with pound sterling as the intervention currency was broken in


  • Options
  • A. 1990
  • B. 1991
  • C. 1992
  • D. 1993

  • Correct Answer
  • 1992 


  • Indian Economy problems


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    • 1. In India, the first bank of limited liability manages by Indians and founded in 1881 was


    • Options
    • A. Hindustan Commercial Bank
    • B. Oudh Commercial Bank
    • C. Punjab National Bank
    • D. Punjab and Sind Bank
    • Discuss
    • 2. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?


    • Options
    • A. Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    • B. Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    • C. Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    • D. Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    • Discuss
    • 3. Development expenditure of the Central government does not include


    • Options
    • A. defence expenditure
    • B. expenditure on economic services
    • C. expenditure on social and community services
    • D. grant to states
    • Discuss
    • 4. Depreciation means


    • Options
    • A. closure of a plant due to lock out
    • B. closure of a plant due to labour trouble
    • C. loss of equipment over time due to wear and tear
    • D. destruction of a plant in a fire accident
    • Discuss
    • 5. Which of the following items would not appear in a company's balance sheet?


    • Options
    • A. Value of stocks of raw materials held
    • B. Total issued capital
    • C. Revenue from sales of the company's products
    • D. Cash held at the bank
    • Discuss
    • 6. The budget deficit means


    • Options
    • A. the excess of total expenditure, including loans, net of lending over revenue receipts
    • B. difference between revenue receipts and revenue expenditure
    • C. difference between all receipts and all the expenditure
    • D. fiscal deficit less interest payments
    • Discuss
    • 7. Gilt-edged market means


    • Options
    • A. bullion market
    • B. market of government securities
    • C. market of guns
    • D. market of pure metals
    • Discuss
    • 8. The currency convertibility concept in its original form originated in


    • Options
    • A. Wells Agreement
    • B. Bretton Woods Agreement
    • C. Taylors Agreement
    • D. None of the above
    • Discuss
    • 9. Non Tax revenues can be increased by improving the working of the


    • Options
    • A. State Road Transport Corporations
    • B. electricity boards
    • C. commercial irrigation projects
    • D. All of the above
    • Discuss
    • 10. The ARDC is now a branch of the


    • Options
    • A. RBI
    • B. NABARD
    • C. IDBI
    • D. SDBI
    • Discuss


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