General Knowledge - Indian Economy

Exercise : Indian Economy - Indian Economy
  • Indian Economy - Indian Economy
11.

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
Answer: Option
Explanation:
No answer description is available. Let's discuss.

12.

India changed over to the decimal system of coinage in

April 1995
April 1957
April 1958
April 1959
Answer: Option
Explanation:
No answer description is available. Let's discuss.

13.

The association of the rupee with pound sterling as the intervention currency was broken in

1990
1991
1992
1993
Answer: Option
Explanation:
No answer description is available. Let's discuss.

14.

On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

Marginal benefit received
Total benefit received
Average benefit received
Ability to pay for the benefit
Answer: Option
Explanation:
No answer description is available. Let's discuss.

15.

One of the reasons for India's occupational structure remaining more or less the same over the years has been that

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
Answer: Option
Explanation:
No answer description is available. Let's discuss.