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WorksheetsIndian Economy
Total questions: 10
Worksheet time: 5mins
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
Development expenditure of the Central government does not include
defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states
ICICI is the name of a
(a)
In the second nationalization of commercial banks, (a) banks were nationalized.
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
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
India changed over to the decimal system of coinage in
April 1995
April 1957
April 1958
April 1959
The association of the rupee with pound sterling as the intervention currency was broken in
1990
1991
1992
1993
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
investment pattern has been directed towards capital intensive industries
productivity in agriculture has been high enough to induce people to stay with agriculture
ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
people are largely unaware of the significance of transition from agriculture to industry for economic development
On July 12, 1982, the ARDC was merged into
RBI
NABARD
EXIM Bank
None of the above
