indian econonomy general questions

11.

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

A.	will decrease
B.	will increase
C.	will neither increase nor decrease
D.	None of the above

Answer: Option C

Explanation:

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12.

India changed over to the decimal system of coinage in

Answer: Option B

Explanation:

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13.

The association of the rupee with pound sterling as the intervention currency was broken in

A.	1990	B.	1991
C.	1992	D.	1993

Answer: Option C

Explanation:

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14.

On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

A.	Marginal benefit received
B.	Total benefit received
C.	Average benefit received
D.	Ability to pay for the benefit

Answer: Option D

Explanation:

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15.

One of the reasons for India’s occupational structure remaining more or less the same over the years has been that

A.	investment pattern has been directed towards capital intensive industries
B.	productivity in agriculture has been high enough to induce people to stay with agriculture
C.	ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
D.	people are largely unaware of the significance of transition from agriculture to industry for economic development

Answer: Option A

Explanation:

No answer description available for this question.