Indian Economy
With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:

the year 1990
the year 1998
the year 1995
the year 2005

ANSWER DOWNLOAD EXAMIANS APP

Indian Economy
The budget deficit means

fiscal deficit less interest payments
the excess of total expenditure, including loans, net of lending over revenue receipts
difference between all receipts and all the expenditure
difference between revenue receipts and revenue expenditure

ANSWER DOWNLOAD EXAMIANS APP

Indian Economy
Gross domestic capital formation is defined as

net addition to stock after depreciation
production exceeding demand
flow of expenditure devoted to increased or maintaining of the capital stock
expenditure incurred on physical assets only

ANSWER DOWNLOAD EXAMIANS APP