Discussion
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- Question
Short-term finance is usually for a period ranging up to
Options- A. 5 months
- B. 10 months
- C. 12 months
- D. 15 months
- Correct Answer
- 12 months
- 1. 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 Discuss
- 2. The ARDC is now a branch of the
Options- A. RBI
- B. NABARD
- C. IDBI
- D. SDBI Discuss
- 3. 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
- 4. 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
- 5. Gilt-edged market means
Options- A. bullion market
- B. market of government securities
- C. market of guns
- D. market of pure metals Discuss
- 6. 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 Discuss
- 7. Since the inception of the co-operative movement, rural credits has been
Options- A. institutionalized
- B. rationalized
- C. cheapened
- D. All of the above Discuss
- 8. Debenture holders of a company are its
Options- A. shareholders
- B. creditors
- C. debtors
- D. directors Discuss
- 9. 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 Discuss
- 10. If the RBI adopts an expansionist open market operations policy, this means that it will
Options- A. buy securities from non-government holders
- B. sell securities in the open market
- C. offer commercial banks more credit in the open market
- D. openly announce to the market that it intends to expand credit Discuss
Indian Economy problems
Search Results
Correct Answer: agricultural income tax
Correct Answer: NABARD
Correct Answer: commercial irrigation projects
Correct Answer: Bretton Woods Agreement
Correct Answer: market of government securities
Correct Answer: National Saving Certificate
Correct Answer: All of the above
Correct Answer: creditors
Correct Answer: reduction in the value of a currency vis-a-vis major internationally traded currencies
Correct Answer: offer commercial banks more credit in the open market
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