Who among the following formulates the monetary policy in India?
(A) Finance Commission of India
(B) Reserve Bank of India
(C) NITI Aayog
(D) The Ministry of Statistics and Programme Implementation
Cause of Inflation is -
(A) Increase in money supply
(B) Fall in production
(C) Increases in money supply and fall in production
(D) Decrease in money supply and fall in production
Which of the following is not a state tax?
(A) Wealth Tax
(B) Excise duty on liquor
(C) Sales Tax
(D) Professional Tax
Which is one of the factors of subsistence used to measure the Poverty Line in India?
(A) Equality
(B) Education
(C) Internet
(D) Transportation
According to law of supply, if everything is equal then an increase in price results in ________.
(A) Decrease in quantity supplied
(B) Increase in quantity supplied
(C) Decrease in quantity demanded
(D) Increase in quantity demanded
(A) Counting the votes in an election to determine the next governor
(B) Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000
(C) Finding the mean weight of cancer patients in a study
(D) Using the results of a mathematical model to predict the next day's weather
(A) neither implicit nor explicit costs.
(B) implicit, but not explicit, costs.
(C) explicit, but not implicit, cost.
(D) explicit and implicit costs.
When was the Life Insurance Corporation of India established?
(A) 1960
(B) 1980
(C) 1956
(D) 1975
Where is Dalal Street located?
(A) Mumbai
(B) Paris
(C) New Delhi
(D) none of these
Who has the absolute right to issue paper note currency in India?
(A) Urban Co-operative Bank
(B) Bank of India
(C) Finance Commission
(D) Reserve Bank
Get the Examsbook Prep App Today