Question Detail What is term Hot Money used for ? black moneywhite moneya money which is hard to come but easy to goa money which comes easily and goes easily too Answer: Option D Similar Questions : 1. Who have written the book "Capital and Growth" ? A. R. RodonHicksAdam SmithMarshall Answer: Option B 2. What is FEMA ? First Exchange Management ActForeign Exchequer Management ActForeign Exchange Management ActForeign Evaluation Management Act Answer: Option CExplanation:FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973. 3. Sales Tax is Direct TaxIndirect TaxTax imposed by central governmentTax imposed by state government Answer: Option BExplanation:Direct Taxes are : Income Tax, Property Tax, Gift Tax etc. Indirect Taxes are : Sales Tax, Excise Tax, Custom Duty etc. 4. Export-Import bank of India was established in ? 1981198219831984 Answer: Option B 5. Which Indian got Nobel Prize for Economics ? TeressaAmarthiya SenC.V.RamanNone of above Answer: Option B Read more from - Indian Economy Questions Answers