Indian Economy Quiz - 2, General Knowledge - SSC CHSL MCQ

Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

Non Tax revenues can be increased by improving the working of the

Which of the following is not viewed as a national debt?

The condition of indirect taxes in the country's revenue is approximately

Deficit financing means that the government borrows money from the

Revenue of the state governments are raised from the following sources, except

Since the inception of the co-operative movement, rural credits has been

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

The co-operative credit societies have a

Regional rural banks

1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections

The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

The current price index (base 1960) is nearly 330. This means that

Notes on which denomination has the portrait of Mahatma Gandhi printed on them?

Devaluation of currency will be more beneficial if

Of the gross tax revenue of the Union Government the indirect taxes account for nearly

The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

Reserve Bank of India was nationalized in the year

In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?

1. A large number of farmers are illiterate and know little about scientific agriculture
2. Prices of primary products are lower than those of manufactured products
3. Investment in agriculture has been low when compared to investment in industry

National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year

If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

Fiscal deficit in the Union Budget means