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Indian Economy

Indian Economy
Paper currency first started in India in

1861
1867
1862
1863

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Indian Economy
In India the first bank of limited liability managed by Indian and founded in 1881 was:

Punjab and Sind Bank
Hindustan Commercial Bank
Punjab National Bank
Oudh commercial Bank.

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

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

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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

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

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Indian Economy
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

none of the listed here
decrease
increase
no impact

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Indian Economy
In November 2007, the finance commission constituted by the president of India was:

Thirteenth
Ninth
Tenth
Eleventh

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