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Indian Economy

Indian Economy
The Money Order system in India was introduced in the year :

1880
1882
1999
1904

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

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

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Indian Economy
The first Apparel Park in India has been established in:

None of these
Both A and B
Tirupur (Tamil Nadu)
Punalur (Kerala)

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Indian Economy
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

will increase
None of the listed here
will neither increase nor decrease
will decrease

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

none of the listed here
increase
decrease
no impact

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Indian Economy
When personal direct taxes are subtracted from personal income the obtained value is called:

Gross Domestic Product (GDP)
National Income
Gross National Product (GNP)
Personal Income

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