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Indian Economy
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Question
In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
Options
A. Chemicals other than fertilizers
B. Services sector
C. Food processing
D. Telecommunication
Correct Answer
Telecommunication
Indian Economy problems
Search Results
1. In the second nationalization of commercial banks, ___ banks were nationalized.
Options
A. 4
B. 5
C. 6
D. 8
Show Answer
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Discuss
Correct Answer: 6
2. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
Options
A. 15 to 20 percent
B. 20 to 25 percent
C. 25 to 30 percent
D. 30 to 35 percent
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Correct Answer: 20 to 25 percent
3. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?
A large number of farmers are illiterate and know little about scientific agriculture
Prices of primary products are lower than those of manufactured products
Investment in agriculture has been low when compared to investment in industry
Options
A. I, II, III
B. I, II
C. I, III
D. II, III
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Correct Answer: I, II, III
4. The current price index (base 1960) is nearly 330. This means that
Options
A. all items cost 3-3 times more than what they did in 1960
B. the prices of certain selected items have gone up to 3-3 times
C. weighted means of prices of certain item has increased 3-3 times
D. gold price has gone up 3-3 times
Show Answer
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Correct Answer: weighted means of prices of certain item has increased 3-3 times
5. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
Options
A. State Trading Corporation
B. Regional Rural Banks
C. National Bank for Agriculture and Rural Development (NABARD)
D. Indian Council of Agricultural Research
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Correct Answer: Indian Council of Agricultural Research
6. The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
Options
A. Statutory Bank Ratio (SBR)
B. Statutory Liquid Ratio (SLR)
C. Central Bank Reserve (CBR)
D. Central Liquid Reserve (CLR)
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Correct Answer: Statutory Liquid Ratio (SLR)
7. Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
Options
A. 80 percent
B. 83 percent
C. 90 percent
D. 100 percent
Show Answer
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Correct Answer: 100 percent
8. In India, which one among the following formulates the fiscal policy?
Options
A. Planning Commission
B. Ministry of Finance
C. Finance Commission
D. The Reserve Bank of India
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Correct Answer: Ministry of Finance
9. Reserve Bank of India was nationalized in the year
Options
A. 1935
B. 1945
C. 1949
D. 1969
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Correct Answer: 1949
Explanation:
RBI established in 1935 and nationalized in 1949.
Ref: http://en.wikipedia.org/wiki/Reserve_Bank_of_India
10. Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
Options
A. ARDC
B. SBI
C. NABARD
D. PACs
Show Answer
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Correct Answer: NABARD
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