Indian Economy Quiz - 1, General Knowledge

Gilt-edged market means

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

Devaluation of a currency means

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

1. interest payments
2. subsidies
3. defence
4. irrigation

Deficit financing leads to inflation in general, but it can be checked if

In the second nationalization of commercial banks, ___ banks were nationalized.

Depreciation means

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

India changed over to the decimal system of coinage in

The association of the rupee with pound sterling as the intervention currency was broken in

On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

One of the reasons for India's occupational structure remaining more or less the same over the years has been that

Gross domestic capital formation is defined as

On July 12, 1982, the ARDC was merged into

Which of the following is the most appropriate cause of exports surplus?

If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

Which of the following items would not appear in a company's balance sheet?

The currency convertibility concept in its original form originated in

In the state of India, the State Financial Corporation have given assistance mainly to develop

The central co-operative banks are in direct touch with

The first wholly Indian Bank was set up in

States earn maximum revenue through