Sunday, 29 January 2017




1. The central banking functions in India are performed by the:

Answer:Reserve Bank of India

2.Development expenditure of the Central government does not include:

Answer:Defence expenditure

3.Who has presented the Union Budget of India maximum number of times?

Answer:Morarji Desai

4. On July 12, 1982, the ARDC was merged into:

Answer:NABARD

5. In which of the following types of economy are the factors of production owned individually?

Answer:Capitalist

6. Poverty in less developed countries is largely due to:

Answer:Income inequality

7.The most appropriate measure of a country’s economic growth is its:

Answer:Per Capita Real Income

8. Which of the following committees examined and suggested financial sector reforms?

Answer:Narasimham Committee

9. Which of the following contributes the maximum earnings in Indian Railways?

Answer;Goods Traffic Earning

10. SEBI is a

Answer:Staturory body


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