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Devaluation of currency leads to ?

  • fall in domestic prices
  • increase in domestic prices
  • cant be predicted
  • None of above

Answer: Option B

Similar Questions :

1. Which one of the following is the banker of the banks ?

  • State Bank of India
  • Reserve Bank of India
  • Punab National bank
  • Central Bank of India

Answer: Option B

2. Which five year plan is also known as "Gadgil Yojana" ?

  • Second Five Year Plan
  • Third Five Year Plan
  • Fourth Five Year Plan
  • Fifth Five Year Plan

Answer: Option C

3. Industrial Finance Corporation of India (IFCI) was established in :

  • 1946
  • 1947
  • 1948
  • 1949

Answer: Option C

Explanation:

Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.

4. Which state is the biggest tea producer in the country ?

  • Andhra Pradesh
  • Sikkim
  • Assam
  • West Bengal

Answer: Option C

5. Which of the following is not viewed as a national debt ?

  • National Saving Certificate
  • Provident Fund
  • Life Insurance Policies
  • Long-term Government Bonds

Answer: Option A

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