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Indian Economy

Indian Economy
Paper currency first started in India in

1861
1862
1867
1863

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

no impact
increase
decrease
none of the listed here

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Indian Economy
The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called

Statutory Liquid Ratio (SLR)
Statutory Bank Ratio (SBR)
Central Bank Reserve (CBR)
Central Liquid Reserve (CLR)

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Indian Economy
Excise duty is a tax levied on the

sale of goods
export of goods
import of goods
production of goods

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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

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

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Indian Economy
The number of finance commissions set up upto now is:

15
13
16
14

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MORE MCQ ON Indian Economy

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