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Question Detail
Devaluation of currency leads to ?
- fall in domestic prices
- increase in domestic prices
- cant be predicted
- None of above
Answer: Option B
1. Planning Commission was constituted on ?
- 15 March, 1948
- 15 March, 1949
- 15 March, 1950
- 15 March, 1951
Answer: Option C
Explanation:
The Prime Minister is the ex-officio Chairman of this Commission.
2. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?
- Statutory Liquid Ratio
- Cash Reserve Ratio
- Liquid Ratio
- Statutory Ratio
Answer: Option A
3. Who has given "Big Push Theory" ?
- R. Rodan
- Jack Hamilton
- Amritya Sen
- Dr. Abhishek Mathur
Answer: Option A
4. The concept of Economic Planning in India is derived from ?
- USA
- UK
- Australia
- Russia
Answer: Option D
5. What is term Hot Money used for ?
- black money
- white money
- a money which is hard to come but easy to go
- a money which comes easily and goes easily too
Answer: Option D
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