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Indian Economy

Indian Economy
Income tax in India was introduced by:

Mahavir Tyagi
Nicholas Kaldor
William Jones
James Wilson

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Indian Economy
At present, the number of nationalized banks are:

17
15
19
12

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

Hyderabad
Tamil Nadu
Karnataka
Kerala

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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

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

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Indian Economy
The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

1987
1988
1990
1999

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Indian Economy
Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to

70 percent
90 percent
100 percent
80 percent

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MORE MCQ ON Indian Economy

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