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Indian Economy Test 23

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Indian Economy Test 23
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Weekly Quiz Competition
  • Question 1
    1 / -0
    When the RBI reduces statutory liquidity Ratio by 50 basis points , which of the following is likely to happen ?
  • Question 2
    1 / -0
    In which one of the following years, the Value-Aided Tax was imposed in India except some States ?
  • Question 3
    1 / -0
    Which one of the following is not a qualitative control of credit by the Central Bank of a country ?
  • Question 4
    1 / -0
    If the Cash Reserve Ratio is lowered by the RBI , its impact on credit creation will be to _____________.
    Solution
    Due to reduction in the requirements of the CRR banks will have more funds with them to promote their lending (credit creation), which will ultimately lead to increase in their lending. 
  • Question 5
    1 / -0
    The monetary and credit policy is announced by which of the following?
  • Question 6
    1 / -0
    Gilt-edged means
  • Question 7
    1 / -0
    Consider the following about Competition Commission of India(CCI).
    $$1$$. It is a Constitutional Body.
    $$2$$. It is to ensure fair and healthy competition in economic activities.
    Which of the statements given is/are true?
  • Question 8
    1 / -0
    The controlling authority of government expenditure is the 
  • Question 9
    1 / -0
    Which of the following committees is not constituted for poverty estimation.
    $$1$$. Lakdawala
    $$2$$. SD Tendulkar
    $$3$$. NC Saxena.
  • Question 10
    1 / -0
    Consider the following statements about the Direct Tax Codes
    1. The exemption limit for the senior citizens will be higher.
    2. The tax imposed on women will be eliminated altogether to bring gender equality in our society.
    Which of the statements given above is/are correct ?
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