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Indian Economy
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Question
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
Correct Answer
agricultural income tax
Indian Economy problems
Search Results
1. The ARDC is now a branch of the
Options
A. RBI
B. NABARD
C. IDBI
D. SDBI
Show Answer
Scratch Pad
Discuss
Correct Answer: NABARD
2. 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
Show Answer
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Discuss
Correct Answer: commercial irrigation projects
3. 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
Show Answer
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Discuss
Correct Answer: Bretton Woods Agreement
4. 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
5. 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
Show Answer
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Correct Answer: difference between all receipts and all the expenditure
6. Short-term finance is usually for a period ranging up to
Options
A. 5 months
B. 10 months
C. 12 months
D. 15 months
Show Answer
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Discuss
Correct Answer: 12 months
7. 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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Discuss
Correct Answer: National Saving Certificate
8. Since the inception of the co-operative movement, rural credits has been
Options
A. institutionalized
B. rationalized
C. cheapened
D. All of the above
Show Answer
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Discuss
Correct Answer: All of the above
9. Debenture holders of a company are its
Options
A. shareholders
B. creditors
C. debtors
D. directors
Show Answer
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Discuss
Correct Answer: creditors
10. Devaluation of a currency means
Options
A. reduction in the value of a currency vis-a-vis major internationally traded currencies
B. permitting the currency to seek its worth in the international market
C. fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies
D. fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners
Show Answer
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Correct Answer: reduction in the value of a currency vis-a-vis major internationally traded currencies
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