General Knowledge - Indian Economy
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Exercise"If you judge people, you have no time to love them."
- Mother Teresa
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| 11. |
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits |
| A. |
will decrease | | B. |
will increase | | C. |
will neither increase nor decrease | | D. |
None of the above |
Answer: Option C
Explanation:
No answer description available for this question. Let us discuss.
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| 12. |
India changed over to the decimal system of coinage in |
| A. |
April 1995 | | B. |
April 1957 | | C. |
April 1958 | | D. |
April 1959 |
Answer: Option A
Explanation:
No answer description available for this question. Let us discuss.
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| 13. |
The association of the rupee with pound sterling as the intervention currency was broken in |
Answer: Option E
Explanation:
No answer description available for this question. Let us discuss.
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| 14. |
On which one of the followings is the benefits received principle of taxation to achieve optimality bases? |
| A. |
Marginal benefit received | | B. |
Total benefit received | | C. |
Average benefit received | | D. |
Ability to pay for the benefit |
Answer: Option D
Explanation:
No answer description available for this question. Let us discuss.
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| 15. |
One of the reasons for India's occupational structure remaining more or less the same over the years has been that |
| A. |
investment pattern has been directed towards capital intensive industries | | B. |
productivity in agriculture has been high enough to induce people to stay with agriculture | | C. |
ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture | | D. |
people are largely unaware of the significance of transition from agriculture to industry for economic development |
Answer: Option B
Explanation:
No answer description available for this question. Let us discuss.
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