[amp_mcq option1=”prices of domestic goods remain constant” option2=”prices of exports remain constant” option3=”prices of imports remains constant” option4=”prices of exports rise proportionately” correct=”option4″]
Indian Economy
32. The current price index (base 1960) is nearly 330. This means that A. all items cost 3-3 times more than what they did in 1960 B. the prices of certain selected items have gone up to 3-3 times C. weighted means of prices of certain item has increased 3-3 times D. gold price has gone up 3-3 times
[amp_mcq option1=”all items cost 3-3 times more than what they did in 1960″ option2=”the prices of certain selected items have gone up to 3-3 times” option3=”weighted means of prices of certain item has increased 3-3 times” option4=”gold price has gone up 3-3 times” correct=”option3″]
33. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in A. 1984 B. 1986 C. 1987 D. 1989
[amp_mcq option1=”1984″ option2=”1986″ option3=”1987″ option4=”1989″ correct=”option1″]
34. The co-operative credit societies have a A. two-tier structure B. three-tier structure C. four-tier structure D. five-tier structure
[amp_mcq option1=”two-tier structure” option2=”three-tier structure” option3=”four-tier structure” option4=”five-tier structure” correct=”option1″]
35. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be A. zero B. equal to government income C. larger than government income D. negative
[amp_mcq option1=”zero” option2=”equal to government income” option3=”larger than government income” option4=”negative” correct=”option2″]
36. Since the inception of the co-operative movement, rural credits has been A. institutionalized B. rationalized C. cheapened D. All of the above
[amp_mcq option1=”institutionalized” option2=”rationalized” option3=”cheapened” option4=”All of the above” correct=”option4″]
37. Deficit financing means that the government borrows money from the A. RBI B. local bodies C. big businessmen D. IMF
[amp_mcq option1=”RBI” option2=”local bodies” option3=”big businessmen” option4=”IMF” correct=”option1″]
38. Revenue of the state governments are raised from the following sources, except A. entertainment tax B. expenditure tax C. agricultural income tax D. land revenue
[amp_mcq option1=”entertainment tax” option2=”expenditure tax” option3=”agricultural income tax” option4=”land revenue” correct=”option3″]
39. The condition of indirect taxes in the country’s revenue is approximately A. 70 percent B. 75 percent C. 80 percent D. 86 percent
[amp_mcq option1=”70 percent” option2=”75 percent” option3=”80 percent” option4=”86 percent” correct=”option1″]
40. Which of the following is not viewed as a national debt? A. Provident Fund B. Life Insurance Policies C. National Saving Certificate D. Long-term Government Bonds
[amp_mcq option1=”Provident Fund” option2=”Life Insurance Policies” option3=”National Saving Certificate” option4=”Long-term Government Bonds” correct=”option1″]