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Indian Economy ...

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  • Question 1
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    Which of the following measures would result in an increase in the money supply in the economy ?
    1) Purchase of government securities from the public by the Central Bank.
    2) Deposit of currency in commercial banks by the public.
    3) Borrowing by the government from the Central Bank.
    4) Sale of government securities to the public by the Central Bank.
    Select the correct answer using the codes given below

  • Question 2
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    The RBI was established on 1st April, 1935 on the recommendation of ___________.

  • Question 3
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    MODVAT is different from VAT in the sense that: 
    1. Under MODVAT, tax is levied only on value addition while under VAT, excise Is imposed on final value and then rebate is given on inputs. 
    2. MODVAT is only at the production stage white VAT extends both to production and distribution stage.
    3. Under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition.
    4. MODVAT implies rationalisation of excise duty only while VAT implies rationalisation of excise sales and turnover taxes etc also. 

    Which of the statements given above are correct?

  • Question 4
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    Which one of the following indicators is not used in the determination of Gender Development Index (GDI) in the Human Development Report (HDR)?

  • Question 5
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    In 1980s, Indian economy was in the process of the Hindu rate of growth. Which one of the following is associated with the Hindu rate of growth?

  • Question 6
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    The Second Five Year Plan that called for the establishment of Socialist pattern of society was commonly referred to as the ___________.

  • Question 7
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    Which of the following is/are the selective credit control measures of RBI?
    1) Cash Reserve Ratio
    2) Statutory Liquidity Ratio
    3) Margin requirements
    4) Moral suasion
    Choose the correct answer using the codes given below. 

  • Question 8
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    Consider the following statements:
    $$1.$$ Foreign Exchange Management Act (FEMA) was passed in $$1991$$ to replace Foreign Exchange Regulation Act.
    $$2.$$ FEMA serves to make transactions for external trade (exports and imports) easier.
    Which of the statements given above is/ are correct?

  • Question 9
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    Consider the following: 
    1. Swarnajayanti Gram Swarozgar Yojana
    2. Pradhan Mantri Gram Sadak Yojana
    3. Sampoorna Grameen Rozgar Yojana
    4. Indira Awas Yojana
    Select the correct chronological order of the above yojanas?

  • Question 10
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    In sociology cultural beliefs that serve to legitimate key interests and hence justify social stratification is called

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