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

  • 44. States earn maximum revenue through

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

    Answer: Option D

  • 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

  • 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

  • 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

  • 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

  • 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