Structure of the Indian Economy 3

Structure of the Indian Economy (Civil Service Examination), Questions and Answers, GK for UPSC, Bank PO & All Exams

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1. Assertion (A): Fiscal deficit is greater than budgetary deficit. Reason (R): Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure. [1999]


2. Assertion (A): Devaluation of a currency may promote export.
Reason (R): Price of the country’s products in the international market may fall due to devaluation. [1999]


3. From the balance sheet of a company, it is possible to: [1999]


4. The Capital Account Convertibility of the Indian Rupee implies: [1998]


5. The economic crisis in the later half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was: [1999]


6. Since 1980, the share of the tertiary sector in the total GDP of India has: [1999]


7. The current Price Index (base 1960) is nearly 330. This means that the price of: [1998]


8. A consumer is said to be in equilibrium, if: [1998]


9. The supply-side economics lays greater emphasis on the point of view of: [1998]


10. Human Poverty Index was introduced in the Human Development Report of the year: [1998]


Question 1 of 10