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Indian Economy

Indian Economy
Income tax in India was introduced by:

Nicholas Kaldor
William Jones
James Wilson
Mahavir Tyagi

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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

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

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Indian Economy
A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

Cash Reserve Ratio (CRR)
Mandatory deposit
Statutory Liquidity Ratio (SLR)
Bank rate

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Indian Economy
Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of

Raghuram G. Rajan
K.V. Kamath
Bimal Jalan
None of these

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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
I, II, III
II, III, IV
I

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Indian Economy
National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:

38292
37865
37987
38261

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MORE MCQ ON Indian Economy

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