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Indian Economy Quiz 7

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  1. Answered
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  1. Question 1 of 33
    1. Question

    When was the Minimum Wages Act enacted in India?

  2. Question 2 of 33
    2. Question

    Which one of the following does not deal with export promotion?

  3. Question 3 of 33
    3. Question

    Which of the following sets belongs to Central tax?

  4. Question 4 of 33
    4. Question

    The most distinguishing feature of oligopaly is

  5. Question 5 of 33
    5. Question

    Who defined investment as “the construction of a new capital asset like machinery or factory building”?

  6. Question 6 of 33
    6. Question

    Insurance sector in India is regulated by

  7. Question 7 of 33
    7. Question

    Consequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year

  8. Question 8 of 33
    8. Question

    Poverty in less developed countries is largely due to

  9. Question 9 of 33
    9. Question

    Among the tax revenues of the Union Government, the most important source is

  10. Question 10 of 33
    10. Question

    Cheap Money means

  11. Question 11 of 33
    11. Question

    Disinvestment in Public Sector is called

  12. Question 12 of 33
    12. Question

    An individual’s actual standard of living can be assessed by

  13. Question 13 of 33
    13. Question

    The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called

  14. Question 14 of 33
    14. Question

    When there is an official change in the exchange rate of domestic currency, then it is called:

  15. Question 15 of 33
    15. Question

    Inflation redistributes income and wealth in favour of:

  16. Question 16 of 33
    16. Question

    The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

  17. Question 17 of 33
    17. Question

    Who is authorised to issue coins in India?

  18. Question 18 of 33
    18. Question

    The ‘break-even’ point is where

  19. Question 19 of 33
    19. Question

    Rate of interest is determined by

  20. Question 20 of 33
    20. Question

    Through which principle/device did Mahatma Gandhi strive to bridge economic inequalities?

  21. Question 21 of 33
    21. Question

    Which one of the following is not a function of the central bank in an economy?

  22. Question 22 of 33
    22. Question

    Per capita income is equal to’

  23. Question 23 of 33
    23. Question

    A favourable Balance of Trade of a country implies that

  24. Question 24 of 33
    24. Question

    The value of a commodity expressed in terms of money is known as

  25. Question 25 of 33
    25. Question

    The term of the Finance Commission is

  26. Question 26 of 33
    26. Question

    Reserve Bank of India was nationalised in

  27. Question 27 of 33
    27. Question

    In a Capitalistic Economy, the prices are determined by :

  28. Question 28 of 33
    28. Question

    Tooth paste is a product sold under:

  29. Question 29 of 33
    29. Question

    Purchasing Power Parity theory is related with

  30. Question 30 of 33
    30. Question

    Green Accounting’ means measuring the National Income of the country taking into account estimation of

  31. Question 31 of 33
    31. Question

    ‘NABARD’ is associated with the development of

  32. Question 32 of 33
    32. Question

    In Economics the ‘Utility’ and ‘Usefulness’ have

  33. Question 33 of 33
    33. Question

    The total value of goods and services produced in a country during a given period is –

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