IndiaBIX

General Knowledge - Indian Economy

Exercise : Indian Economy - Indian Economy
  • Indian Economy - Indian Economy
46.

Reserve Bank of India was nationalized in the year

1935
1945
1949
1969
Answer: Option
Explanation:

RBI established in 1935 and nationalized in 1949.

Ref: http://en.wikipedia.org/wiki/Reserve_Bank_of_India

47.

In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?

  1. A large number of farmers are illiterate and know little about scientific agriculture
  2. Prices of primary products are lower than those of manufactured products
  3. Investment in agriculture has been low when compared to investment in industry

I, II, III
I, II
I, III
II, III
Answer: Option
Explanation:
No answer description is available. Let's discuss.
48.

National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year

1997
1998
1999
2000
Answer: Option
Explanation:
No answer description is available. Let's discuss.
49.

If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

Rs. 50,000 crores
Rs. 25,000 crores
Rs. 1,00,000 crores
Rs. 1,25,000 crores
Answer: Option
Explanation:
No answer description is available. Let's discuss.
50.

Fiscal deficit in the Union Budget means

the difference between current expenditure and current revenue
net increase in Union Governments borrowings from the Reserve Bank of India
the sum of budgetary deficit and net increase in internal and external borrowings
the sum of monetized deficit and budgetary deficit
Answer: Option
Explanation:
No answer description is available. Let's discuss.
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