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Indian Economy

Indian Economy
Asia’s first Export processing Zone (EPZ) was established in:

Kandla
Chennai
Surat
Cochin

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Indian Economy
The central co-operative banks are in direct touch with

state co-operative banks
central government
farmers
land development banks

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Indian Economy
The first wholly Indian Bank was set up in

1886
1894
1885
1997

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Indian Economy
States earn maximum revenue through

land revenue
excise duties on intoxicants
commercial taxes
commercial taxes

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Indian Economy
Devaluation of currency will be more beneficial if

prices of exports remain constant
prices of domestic goods remain constant
prices of imports remains constant
prices of exports rise proportionately

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Indian Economy
India changed over to the decimal system of coinage in

April 1958
April 1957
April 1955
April 1959

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