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General Knowledge :: Indian Economy

  1. Who was the first chairman of the Planning Commission of India?
  2. A.
    Dr.Bhimrao Ambedkar
    B.
    Rajiv Gandhi
    C.
    Dr.Rajendra Prasad
    D.
    Pt.Jawaharlal Nehru

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  3. Devaluation of currency leads to?
  4. A.
    fall in domestic prices
    B.
    increase in domestic prices
    C.
    cant be predicted
    D.
    None of above

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  5. India earns maximum foreign exchange by the export of ?
  6. A.
    Iron
    B.
    Handloom
    C.
    Textiles
    D.
    Tea

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  7. Indian Economy is:
  8. A.
    Socialistic Economy
    B.
    Gandhian Economy
    C.
    Mixed Economy
    D.
    Free Economy

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  9. Who issues one rupee coins in India?
  10. A.
    RBI
    B.
    Nationalised banks
    C.
    Ministry of Finance, Government of India
    D.
    None of the above

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  11. RBI is entrusted with the responsibility of making and receiving all payments in behalf of Govt. of India. AT places where RBI doesn't have a branch, which bank works as its agent for these functions?
  12. A.
    State bank of India
    B.
    Bank of India
    C.
    Punjab National Bank
    D.
    None

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  13. Deficit financing implies
  14. A.
    printing new currency notes
    B.
    replacing new currency with worn out currency
    C.
    public expenditure in excess of public revenue
    D.
    public revenue in excess of public expenditure

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  15. Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
  16. A.
    80 percent
    B.
    83 percent
    C.
    90 percent
    D.
    100 percent

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