Indian Economy MCQ Questions and answers for practice | GK

A. the difference between current expenditure and current revenue

B. net increase in Union Governments borrowings from the Reserve Bank of India

C. the sum of budgetary deficit and net increase in internal and external borrowings

D. the sum of monetized deficit and budgetary deficit

A. 16

B. 14

C. 15

D. 20

A. Hindustan Commercial Bank

B. Oudh Commercial Bank

C. Punjab National Bank

D. Punjab and Sind Bank

A. Wholesale Price Index number

B. Consumers Price Index for urban non-manual workers

C. Consumers Price Index for agricultural workers

D. National Income Deflation

A. Custom duties

B. Corporation tax and income tax

C. Inheritance tax, wealth tax, interest tax and gift tax

D. Excise duties

A. 15 to 20 percent

B. 20 to 25 percent

C. 25 to 30 percent

D. 30 to 35 percent

A. payment by government for purchase of goods and services

B. payment made by business enterprises to factors of production

C. payment made by companies to shareholders

D. payment made by the government to business enterprises, without buying any goods and services

A. consumption expenditure

B. investment expenditure

C. government expenditure

D. All of the above

A. Japanese Yen

B. Deutsche Mark

C. Euro

D. French Franc

A. State Trading Corporation

B. Regional Rural Banks

C. National Bank for Agriculture and Rural Development (NABARD)

D. Indian Council of Agricultural Research