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
  • 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