Discussion
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- Question
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
Options- A. zero
- B. equal to government income
- C. larger than government income
- D. negative
- Correct Answer
- equal to government income
- 1. Which of the following is the most appropriate cause of exports surplus?
Options- A. Country's exports promotion value
- B. Country's stringent import policy
- C. Developments in national and international markets
- D. None of the above Discuss
- 2. Deficit financing implies
Options- A. printing new currency notes
- B. replacing new currency with worn out currency
- C. public expenditure in excess of public revenue
- D. public revenue in excess of public expenditure Discuss
- 3. Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
Options- A. ARDC
- B. SBI
- C. NABARD
- D. PACs Discuss
- 4. Reserve Bank of India was nationalized in the year
Options- A. 1935
- B. 1945
- C. 1949
- D. 1969 Discuss
- 5. 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 Discuss
- 6. Subsidies mean
Options- A. payment by government for purchase of goods and services
- B. payment made by business enterprises to factors of production
- C. payment made by companies to shareholders
- D. payment made by the government to business enterprises, without buying any goods and services Discuss
- 7. The co-operative credit societies have a
Options- A. two-tier structure
- B. three-tier structure
- C. four-tier structure
- D. five-tier structure Discuss
- 8. Devaluation of currency leads to
Options- A. fall in domestic prices
- B. increase in domestic prices
- C. no impact on domestic prices
- D. erratic fluctuations in domestic prices Discuss
- 9. Gross domestic capital formation is defined as
Options- A. flow of expenditure devoted to increased or maintaining of the capital stock
- B. expenditure incurred on physical assets only
- C. production exceeding demand
- D. net addition to stock after depreciation Discuss
- 10. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
Options- A. Container Corporation of India Limited
- B. Konkan Railway Corporation Limited
- C. Indian Railways Construction Company Limited
- D. Diesel Locomotive Works, Varanasi Discuss
Indian Economy problems
Search Results
Correct Answer: Developments in national and international markets
Correct Answer: public expenditure in excess of public revenue
Correct Answer: NABARD
Correct Answer: 1949
Explanation:
RBI established in 1935 and nationalized in 1949.
Ref: http://en.wikipedia.org/wiki/Reserve_Bank_of_India
Correct Answer: Ministry of Finance
Correct Answer: payment made by the government to business enterprises, without buying any goods and services
Correct Answer: three-tier structure
Correct Answer: increase in domestic prices
Correct Answer: net addition to stock after depreciation
Correct Answer: Indian Railways Construction Company Limited
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