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Indian Economy ...

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  • Question 1
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    Consider the following statements: 
    1) Reserve Bank of India was nationalised in the year 1955.
    2) Reserve Bank of India is a member bank of the Asian Clearing Union.
    Which of the statement(s) given above is/are correct?

  • Question 2
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    Supply of money remaining the same when there is an increase in demand for money, there will be _____________.

  • Question 3
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    With reference to Indian economy, consider the following:
    1) Bank rate
    2) Open market operations
    3) Public debt
    4) Public revenue
    Which of the above is/are component/components of Monetary policy? 

  • Question 4
    1 / -0

    Consider the following statements: 
    1) Reserve Bank of India can print and issue currency notes of denominations from two rupee notes to ten-thousand rupee notes.
    2) Reserve Bank of India maintains a separate issue department to look after currency issue.
    Which of the statement(s) given above is/are correct?

  • Question 5
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    Consider the following sectors of the Indian economy with respect to share of employment:
    $$1.$$ Agricultural Sector
    $$2.$$ Industrial Sector
    $$3.$$ Service Sector
    Arrange these sectors from the highest to lowest in the term of share of employment and select the correct answer using the codes given below.

  • Question 6
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    With reference to India, consider the following statements about the cultural services of the economy.
    $$1.$$ Indian film industry is the largest in the world.
    $$2.$$ High rates of entertainment tax and lack of uniformity in tax structure across states are major factors inhibiting growth of the film industry.
    Which of the statements given above is/ are correct?

  • Question 7
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    Which one of the following states has the highest share of the Services sector in the Gross State Domestic Product in India?

  • Question 8
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    Which one of the following economists proposed the LPG model of economic development in India?

  • Question 9
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    With reference to union budget, which of the following is/are covered under non-plan expenditure? 

    1. Defence expenditure 
    2. Interest payments 
    3. Salaries and pensions 
    4. Subsidies
    Select the correct answer using the codes given below.

  • Question 10
    1 / -0

    Which one of the following services of the Services sector in the Indian Economy contributed the highest percentage in the Gross Domestic Product at the Factor Cost in the last ten years?

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