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- Question
Devaluation of currency will be more beneficial if
Options- A. prices of domestic goods remain constant
- B. prices of exports remain constant
- C. prices of imports remains constant
- D. prices of exports rise proportionately
- Correct Answer
- prices of exports remain constant
- 1. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves
- interest payments
- subsidies
- defence
- irrigation
Options- A. I, II
- B. I
- C. I, II, III
- D. II, III, IV Discuss
- 2. In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines
Options- A. to govern entry of new private sector banks to make the banking sector more competitive
- B. to reduce the freedom given to banks to rationalize their existing branch network
- C. to setup more foreign exchange banks
- D. to lend more easily for industrial development Discuss
- 3. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
Options- A. 70 per cent
- B. 75 percent
- C. 65 percent
- D. 60 percent Discuss
- 4. On July 12, 1982, the ARDC was merged into
Options- A. RBI
- B. NABARD
- C. EXIM Bank
- D. None of the above Discuss
- 5. Deficit financing leads to inflation in general, but it can be checked if
Options- A. government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
- B. only aggregate demand is increased
- C. all the expenditure is denoted national debt payment only
- D. All of the above Discuss
- 6. In India, inflation measured by the
Options- A. Wholesale Price Index number
- B. Consumers Price Index for urban non-manual workers
- C. Consumers Price Index for agricultural workers
- D. National Income Deflation Discuss
- 7. Which of the following is not a part of machinery that settles industrial disputes?
Options- A. Wage Court
- B. Works Committee
- C. Conciliation officers
- D. Board of Conciliation Discuss
- 8. What plaything was invented by Joe McVicker in 1956?
Options- A. Silly Putty
- B. Etch-A-Sketch
- C. Lite-Brite
- D. Play-Doh Discuss
- 9. Who invented Internal Combustion Engine?
Options- A. Roger Bacon
- B. Karl Benz
- C. Dr. Alan M. Turing
- D. Otto Discuss
- 10. What Benjamin Franklin invented?
Options- A. Bifocal spectacles
- B. Radio
- C. Barometer
- D. Hygrometer Discuss
Indian Economy problems
Search Results
Correct Answer: I, II, III
Correct Answer: to govern entry of new private sector banks to make the banking sector more competitive
Correct Answer: 65 percent
Correct Answer: NABARD
Correct Answer: All of the above
Correct Answer: Wholesale Price Index number
Explanation:
Two major measures for inflation, which are widely used, are Wholesale Price Index (WPI) and Consumer Price Index (CPI). WPI measures the increase in the prices of a fixed basket of goods prevailing in the wholesale market while CPI measures the increase in the prices of essential commodities purchased by an average consumer prevailing in the retail market. Measured weekly, WPI is the primary inflation measure in India.
Correct Answer: Wage Court
Correct Answer: Play-Doh
Explanation:
The stuff was originally intended to be wallpaper cleaner! (I used to eat this as a child)
Correct Answer: Otto
Correct Answer: Bifocal spectacles
Explanation:
Invented in 1760.
A list of Benjamin Franklin's inventions reveals a man of many talents and interests. It was the scientist in Ben that brought out the inventor. His natural curiosity about things and the way they work made him try to find ways to make them work better.
Ben had poor vision and needed glasses to read. He got tired of constantly taking them off and putting them back on, so he decided to figure out a way to make his glasses let him see both near and far. He had two pairs of spectacles cut in half and put half of each lens in a single frame. Today, we call them bifocals.
A list of Benjamin Franklin's inventions reveals a man of many talents and interests. It was the scientist in Ben that brought out the inventor. His natural curiosity about things and the way they work made him try to find ways to make them work better.
Ben had poor vision and needed glasses to read. He got tired of constantly taking them off and putting them back on, so he decided to figure out a way to make his glasses let him see both near and far. He had two pairs of spectacles cut in half and put half of each lens in a single frame. Today, we call them bifocals.
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