Indian Economy Questions Answers

• 43. In the state of India, the State Financial Corporation have given assistance mainly to develop

  1. Irrigation projects
  2. small-scale industries
  3. medium-scale industries
  4. medium and small-scale industries

  Answer And Explanation

  Answer: Option D

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• 44. States earn maximum revenue through

  1. Tax Fines
  2. Customs
  3. License sales
  4. Commercial taxes

  Answer And Explanation

  Answer: Option D

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

  1. National Saving Certificate
  2. Provident Fund
  3. Life Insurance Policies
  4. Long-term Government Bonds

  Answer And Explanation

  Answer: Option A

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• 46. Deficit financing means that the government borrows money from the ?

  1. Revenue Department
  2. World Bank
  3. RBI
  4. None of above

  Answer And Explanation

  Answer: Option C

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• 47. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

  1. Statutory Liquid Ratio
  2. Cash Reserve Ratio
  3. Liquid Ratio
  4. Statutory Ratio

  Answer And Explanation

  Answer: Option A

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• 48. In India, Inflation measured by the :

  1. National Income Deflation
  2. Wholesale Price Index number
  3. Consumer Price Index
  4. None of above

  Answer And Explanation

  Answer: Option C

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• 49. Short-term finance is usually for a period ranging up to

  1. 6 months
  2. 1 Year
  3. 2 Years
  4. 5 Years

  Answer And Explanation

  Answer: Option B

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