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Indian Economy

Indian Economy
Paper currency first started in India in

1867
1862
1861
1863

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Indian Economy
Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections

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

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

1988
1990
1999
1987

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

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

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Indian Economy
Inflation is measured in India on the basis of which ‘Index’?

National income deflation
Consumer Price Index for agricultural workers
Wholesale Price Index
Consumer Price Index for urban workers

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Indian Economy
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

will decrease
will neither increase nor decrease
None of the listed here
will increase

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