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Indian Economy

Indian Economy
Finance Commission is constituted after every:

3 years
6 years
5 years
4 years

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Indian Economy
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation

I, II, III
II, III, IV
I, II
I

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Indian Economy
The main rubber producing state in the country is:

Tamil Nadu
Hyderabad
Kerala
Karnataka

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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

IV
I, II
II, III
I
II

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Indian Economy
On which one of the following is the benefits received principle of taxation to achieve optimality bases?

Ability to pay for the benefit
Marginal benefit received
Total benefit received
Average benefit received

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Indian Economy
The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called

Central Bank Reserve (CBR)
Statutory Bank Ratio (SBR)
Statutory Liquid Ratio (SLR)
Central Liquid Reserve (CLR)

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