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Indian Economy

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

April 1957
April 1955
April 1958
April 1959

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

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

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

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Indian Economy
The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of

20 to 25 percent
15 to 20 percent
30 to 55 percent
25 to 30 percent

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Indian Economy
In India, inflation measured by the

Consumers Price Index for urban non-manual workers
Consumers Price Index for agricultural workers
Wholesale Price Index number
National Income Deflation

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

37987
38261
37865
38292

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