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Indian Economy

Indian Economy
SEBI which was established in April 1988 stands for:

1
1
1
Securities and Exchange Board of India.

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Indian Economy
Excess of Total Expenditure over total Receipts is

Balanced Budget
Deficit Budget
None of the listed here
Surplus Budget

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Indian Economy
Excise duty is a tax levied on the

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

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Indian Economy
In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry

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

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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

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

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Indian Economy
Income tax in India was introduced by:

Nicholas Kaldor
William Jones
Mahavir Tyagi
James Wilson

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