Indian Economy

Indian Economy

University

10 Qs

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Indian Economy

Indian Economy

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Quiz

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University

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The central banking functions in India are performed by the

Central Bank of India

Reserve Bank of India

State Bank of India

Punjab National Bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Development expenditure of the Central government does not include

defence expenditure

expenditure on economic services

expenditure on social and community services

grant to states

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

ICICI is the name of a

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

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

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

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

none

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

will decrease

will increase

will neither increase nor decrease

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

India changed over to the decimal system of coinage in

April 1995

April 1957

April 1958

April 1959

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