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Indian Economy

Indian Economy
Excise duty is a tax levied on the

import of goods
production of goods
sale of goods
export of goods

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Indian Economy
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are

tax sharing
all of the listed here
grant-in-aids
loans

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Indian Economy
The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank

I
II, III
II
I, II
IV

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Indian Economy
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

will neither increase nor decrease
None of the listed here
will decrease
will increase

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Indian Economy
The currency convertibility concept in its original form originated in

Wells Agreement
Taylors Agreement
Bretton Woods Agreement
None of the listed here

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Indian Economy
Which of the following is the most appropriate cause of export surplus?

Developments in national and international markets
None of the listed here
Country's stringent import policy
Country's exports promotion value

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