Question 1 :
In India, budget is presented in the Parliament by the ______.
Question 3 :
____________ refers to all those revenue receipts of the government which are not a part of the tax receipts.
Question 4 :
___________ refers to the claim of the government on the property of a deceased person, in case, no legal heir or will is left behind.
Question 5 :
Government's consumption expenditure is incurred on:<br>i. Defence services<br>ii. Judiciary system<br>iii. Construction on roads<br>iv. Public utilities<br>v. Telecom infrastructure development<br>vi. Provision of social security
Question 6 :
The concept of balanced budget has been advocated by the _____________ economists.
Question 7 :
Which among the following is a source of non-tax revenue for the government?
Question 8 :
When a country's export is higher than the imports, the net earning from trade is ___________.
Question 9 :
Taxes levied on personal income, profits of the corporate, wealth and property is termed as ________ tax.
Question 10 :
Which of the following is a component of the capital receipts of the government?
Question 11 :
As per the provisions of the FRBM Act. along with the Budget and Demands for Grants the Gol needs to lay which of the following statements before the Parliament in each financial year. select the correct answer using the code given below: <br/>1. Fiscal Policy Strategy Statement IFPSS) <br/>2. Medium Term Fiscal Policy Statement I MTFPS) <br/>3. Macroeconomic Framework Statement (MFS)
Question 12 :
Grants, a part of the revenue expenditure of the government, refers to all the grants given by the state government to the central government.
Question 13 :
Tax revenue is the main source of regular receipts of the government.
Question 15 :
The income received by a country through exports, in the form of _____________, can be utilized by the country to import required goods and services.
Question 16 :
Which type of expenditure is incurred by the government for the economic and social development of the country?
Question 20 :
Which of the following is a component of the capital budget?
Question 22 :
Current account of Balance of Payments account records only exports and imports of goods and services.
Question 25 :
A change from $Rs.140 = 2$ pounds to $Rs. 60 = 1$ pounds indicates that Rs. is:
Question 26 :
The balance of payments of a country is systematic record of ______________________.
Question 28 :
Appreciation of Indian rupees will occur when $Rs. 45$ have to be paid to exchange one $US $ $ instead of present rate of $Rs. 40/$ $.
Question 31 :
In spot market, sale and purchase of foreign currency is settled on a specified future date.
Question 32 :
For which of the following purposes Indian currency is fully convertible? Select correct code :<br>1. Repatriation of remittances<br>2. Interest payments of foreign loans<br>3. Direct foreign investment<br>4. Indirect foreign investment<br>5. Trade
Question 33 :
Deficit in balance of trade indicates deficit in balance of payments also.
Question 35 :
Which of the following sections is not a part of the balance of payments?<br/>
Question 36 :
Which of the following does come under India's 'Reserve Money'? Select your answer using the code given below : <br>1. Net credit of the RBI to the Gol.<br>2. RBI's credit to the banks.
Question 37 :
Size of money multiplier is given by the inverse of LRR.
Question 40 :
The Central co-operative banks are in direct touch with the ____________.
Question 41 :
Banks in India these days, hold about ___ percent of their deposit as cash.
Question 42 :
Which Bank was merged with Punjab National Bank in 1993 ? <br>
Question 43 :
A rise in general level of prices may be caused by-<br>1. an increase in the money supply.<br>2. a decrease in the aggregate level of output <br>3. an increase in the effective demand<br>Select the correct answer using the code given below: <br>
Question 44 :
Which of the following will take place once inflation rate increases in India?
Question 45 :
Exports in India get insurance cover and risk cover from which of the following organizations?
Question 46 :
Consider the following statements and select the correct code given below: <br>I. 'Loss assets' are those $NPAs$ of the banks which have been categorised as such either by the internal/external auditors or the $RBI$. <br>2. 'Loss assets' are finally written off by the banks.
Question 48 :
Which of the following is likely to be the most inflationary in its effects ?
Question 50 :
Choose the correct answer form the alternatives given.<br>Who recently became the first woman chief of the State Bank of India ?
