Indian Economics

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46 The basic regulatory autho-rity for mutual funds and stock markets lies with the

A
Government of India
B
Reserve Bank of India
C
SEBI
D
Stock Exchange

47 Which from the following is not true when the interest rate in the economy goes up ?

A
Savings increases
B
Lending decreases
C
Cost of production increases
D
Return on capital increases

48 Indian Special Economic Rules amendment came in the year

A
2000
B
2002
C
2004
D
2006

49 Which of the following is the most important domestic source of planned finance ?

A
Balance of current revenue
B
Profit from public sector units
C
Domestic private savings
D
Additional taxation

50 The decimal system of Indian currency was started in :

A
1950
B
1955
C
1957
D
1960

51 Taxation is a tool of :

A
Monetary policy
B
Fiscal policy
C
Price policy
D
Wage policy

52 What is the animal on the insignia of the RBI ?

A
Lion
B
Tiger
C
Panther
D
Elephant

53 The total number of nationalised banks in India is :

A
XX
B
XX
C
XX
D
XX

54 Merchant Banking is an institution which provides finances to :

A
domestic whole sale trade
B
international trade among countries
C
domestic retail trade among
D
international aid agencies.

55 Canalised list of items in foreign trade of India refers to :

A
the items to be imported by the private agencies
B
list of items to be subsidised
C
list of items to be granted duty concession
D
items to be imported only by the State owned undertaking

56 Who coined the term ‘Hindu rate of growth’ for Indian economy?

A
A.K. Sen
B
Kirit S. Parikh
C
Raj Krishna
D
Montek Singh Ahluwalia

57 Commercial banking system in India is :

A
mixed banking
B
unit banking
C
branch banking
D
None of these

58 The abbreviation ‘SEBI’ stands for

A
Savings and Exchange Bank of India
B
Securities and Exchange Bank of India
C
Survey of essential business in India
D
Securities and Exch-ange Board of India

59 The term ‘Mixed Economy’ denotes

A
existence of both rural and urban sectors
B
existence of both private and public sectors
C
existence of both heavy and small industries
D
existence of both developed and underdeveloped sectors

60 The Government of India derives its single largest source of revenue from

A
Direct Taxes
B
Customs Duties
C
Deficit Financing
D
Union Excise Duties