1) Development expenditure of the Central government does not include
defence expenditure![]()
expenditure on economic services![]()
expenditure on social and community services![]()
grant to states![]()
Answer : A Discuss
2) ICICI is the name of a
3) Gilt-edged market means
bullion market![]()
market of government securities![]()
market of guns![]()
market of pure metals![]()
Answer : B Discuss
4) In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
Chemicals other than fertilizers![]()
Services sector![]()
Food processing![]()
Telecommunication![]()
Answer : D Discuss
5) Devaluation of a currency means
reduction in the value of a currency vis-a-vis major internationally traded currencies![]()
permitting the currency to seek its worth in the international market![]()
fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies![]()
fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners![]()
Answer : A Discuss
6) In the second nationalization of commercial banks, ___ banks were nationalized.
7) Depreciation means
closure of a plant due to lock out![]()
closure of a plant due to labour trouble![]()
loss of equipment over time due to wear and tear![]()
destruction of a plant in a fire accident![]()
Answer : C Discuss
8) Deficit financing leads to inflation in general, but it can be checked if
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand![]()
only aggregate demand is increased![]()
all the expenditure is denoted national debt payment only![]()
All of the above![]()
Answer : D Discuss
9) Iif all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
10) India changed over to the decimal system of coinage in