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Indian Economy

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

Securities and Exchange Board of India.
1
1
1

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

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Indian Economy
Income tax in India was introduced by:

Nicholas Kaldor
Mahavir Tyagi
James Wilson
William Jones

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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

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

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Indian Economy
The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:

1982
1975
1986
2006

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Indian Economy
Revenue of the state governments are raised from the following sources, except

entertainment tax
expenditure tax
agricultural income tax
land revenue

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