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Indian Economy
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Question
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
Correct Answer
Bretton Woods Agreement
Indian Economy problems
Search Results
1. Gilt-edged market means
Options
A. bullion market
B. market of government securities
C. market of guns
D. market of pure metals
Show Answer
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Discuss
Correct Answer: market of government securities
2. 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
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Correct Answer: difference between all receipts and all the expenditure
3. The association of the rupee with pound sterling as the intervention currency was broken in
Options
A. 1990
B. 1991
C. 1992
D. 1993
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Correct Answer: 1992
4. 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
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Correct Answer: Oudh Commercial Bank
5. 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
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Correct Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
6. 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
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Correct Answer: commercial irrigation projects
7. The ARDC is now a branch of the
Options
A. RBI
B. NABARD
C. IDBI
D. SDBI
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Correct Answer: NABARD
8. Revenue of the state governments are raised from the following sources, except
Options
A. entertainment tax
B. expenditure tax
C. agricultural income tax
D. land revenue
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Correct Answer: agricultural income tax
9. Short-term finance is usually for a period ranging up to
Options
A. 5 months
B. 10 months
C. 12 months
D. 15 months
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Correct Answer: 12 months
10. Which of the following is not viewed as a national debt?
Options
A. Provident Fund
B. Life Insurance Policies
C. National Saving Certificate
D. Long-term Government Bonds
Show Answer
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Correct Answer: National Saving Certificate
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