Q.1)-Development expenditure of the Central government does not include
- defence expenditure
- expenditure on economic services
- expenditure on social and community services
- grant to states
Q.2)-ICICI is the name of the
- chemical industry
- bureau
- corporation
- financial institution
Q.3)-Gilt-edged market means
- bullion market
- market of government securities
- market of guns
- market of pure metals
Q.4)-Depreciation means
- closure of a plant due to lock out
- closure of a plant due to labour trouble
- loss of equipment over time due to wear and tear
- destruction of a plant in a fire accident
Q.5)-If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
- will decrease
- will increase
- will neither increase nor decrease
- None of the above
Q.6)-The association of the rupee with pound sterling as the intervention currency was broken in
- 1990
- 1991
- 1992
- 1993
Q.7)-On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
- Marginal benefit received
- Total benefit received
- Average benefit received
- Ability to pay for the benefit
Q.8)-Gross domestic capital formation is defined as
- flow of expenditure devoted to increased or maintaining of the capital stock
- expenditure incurred on physical assets only
- production exceeding demand
- net addition to stock after depreciation
Q.9)-On July 12, 1982, the ARDC was merged into
- RBI
- NABARD
- EXIM Bank
- None of the above
Q.10)-If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
- increase it
- decrease it
- no impact
- None of the above