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Indian Economy

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

1990
1988
1987
1999

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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

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

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Indian Economy
Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to

PACs
SBI
ARDC
NABARD

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Indian Economy
Devaluation of currency will be more beneficial if

prices of domestic goods remain constant
prices of exports remain constant
prices of imports remains constant
prices of exports rise proportionately

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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
I
I, II, III
II, III, IV

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Indian Economy
Which of the following is not an undertaking under the administrative control of Ministry of Railways?

Konkan Railway Corporation Limited
Container Corporation of India Limited
Indian Railways Construction Company Limited
Diesel Locomotive Works, Varanasi

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