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Economy
Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A) 1000 rupee
B) 500 rupee
C) 100 rupee
D) All of the above
Correct Answer:
D) All of the above
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1). The current price index (base 1960) is nearly 330. This means that
A). all items cost 3-3 times more than what they did in 1960
B). the prices of certain selected items have gone up to 3-3 times
C). weighted means of prices of certain item has increased 3-3 times
D). gold price has gone up 3-3 times
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2). The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A). 15 to 20 percent
B). 20 to 25 percent
C). 25 to 30 percent
D). 30 to 35 percent
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3). The annual yield from which of the following Union Government taxes is the highest?
A). Custom duties
B). Corporation tax and income tax
C). Inheritance tax, wealth tax, interest tax and gift tax
D). Excise duties
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4). In India, inflation measured by the
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
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5). In India, the first bank of limited liability manages by Indians and founded in 1881 was
A). Hindustan Commercial Bank
B). Oudh Commercial Bank
C). Punjab National Bank
D). Punjab and Sind Bank
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6). How many banks were nationalized in 1969?
A). 16
B). 14
C). 15
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7). Fiscal deficit in the Union Budget means
A). the difference between current expenditure and current revenue
B). net increase in Union Governments borrowings from the Reserve Bank of India
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8). If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
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9). National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
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C). 1999
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B). I, II
C). I, III
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