Practice Questions on Indian-Economy
General Knowledge

Section-1: Indian-Economy Question - 31

Q31.

Which of the following is not considered as a government debt?

A.

Provident fund

B.

Life insurance policies

C.

National saving certificate

D.

Long-term Government Bonds

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Section-1: Indian-Economy Question - 32

Q32.

The Board of Industrial and Financial Reconstruction (BIFR) came into existence in:

A.

1975

B.

1966

C.

1987

D.

1999

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Section-1: Indian-Economy Question - 33

Q33.

Fiscal deficit  is defined as:

A.

the sum of monetized deficit and budgetary deficit

B.

net increase in Union Governments borrowings from the Reserve Bank of India

C.

the difference between current expenditure and current revenue

D.

government's total expenditures exceed the revenue that it generates

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Section-1: Indian-Economy Question - 34

Q34.

In India, inflation measured by the

A.

Consumers Price Index for urban non-manual workers

B.

Consumers Price Index for agricultural workers

C.

National Income Deflation

D.

Wholesale Price Index number

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Section-1: Indian-Economy Question - 35

Q35.

The number of banks nationalized in 1969 were:

A.

9

B.

14

C.

22

D.

35

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