General Knowledge - Indian Economy

Exercise :: Indian Economy - Indian Economy

  • Indian Economy - Indian Economy
66. 

In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?

A. Rs 1000
B. Rs 500
C. Rs 400
D. Rs 300

Answer: Option D

Explanation:

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67. 

Paper currency first started in India in

A. 1861
B. 1542
C. 1601
D. 1880

Answer: Option A

Explanation:

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68. 

The ARDC is now a branch of the

A. RBI
B. NABARD
C. IDBI
D. SDBI

Answer: Option B

Explanation:

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69. 

Devaluation of currency leads to

A. fall in domestic prices
B. increase in domestic prices
C. no impact on domestic prices
D. erratic fluctuations in domestic prices

Answer: Option B

Explanation:

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70. 

Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to

A. ARDC
B. SBI
C. NABARD
D. PACs

Answer: Option C

Explanation:

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