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What is Autarchy ?

  • Gradual increase of economy.
  • Gradual decline of economy.
  • Self sufficiency and self reliance of economy.
  • Dependence of economy on external factors.

Answer: Option C

Similar Questions :

1. Industrial Credit and Investment Corporation of India (ICICI) was established in :

  • 1989
  • 1990
  • 1991
  • 1992

Answer: Option C

2. Deficit financing means that the government borrows money from the ?

  • Revenue Department
  • World Bank
  • RBI
  • None of above

Answer: Option C

3. Reserve bank of India was established on

  • 1st April, 1935
  • 1st April, 1936
  • 1st April, 1937
  • 1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

4. 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.

5. Gilt-edged market means

  • market of government securities
  • bullion market
  • market dealing with metals
  • market dealing with exports

Answer: Option A

Read more from - Indian Economy Questions Answers
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