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Indian Economy

Indian Economy
The Foreign Exchange Management Act(FEMA) was passed in:

the year 2005
the year 2002
the year 2000
the year 1999

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

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

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

NABARD
PACs
SBI
ARDC

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Indian Economy
In the state of India, the State Financial Corporation have given assistance mainly to develop

medium and small-scale industries
agricultural farms
large-scale industries
cottage industry

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

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Indian Economy
Devaluation of currency will be more beneficial if

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

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