Q. The 'State of the Economy Report' is released by -
1) Reserve Bank of India
2) Ministry of Finance
3) NITI AAYOG
4) Ministry of Commerce and Industry
Q. Life Insurance Corporation of India was established in -
1) 1955
2) 1956
3) 1957
4) 1958
Q. Which of the following is NOT the function of the Central bank of the country?
1) It controls the money supply of the country
2) It acts as a banker to the government
3) It accepts deposits from the public
4) It issues the currency of the country
Q. Which of the following is the largest agro-based industry in India?
1) Cotton Textiles Industry
2) Sugar Industry
3) Jute Industry
4) Silk Industry
Q. Which of the following is not an instrument of fiscal policy?
1) Budget
2) Tax
3) Public Expenditure
4) Credit Availability
Q. Budge-Budge, Samastipur and Katihar are centres of -
1) Jute mills
2) Cotton textile mills
3) Wheel and Axle plant
4) Chemical industry
Q. Identify the city which is the headquarters of the world-famous automobile manufacturer company 'General Motors' (GM) from the following -
1) NewYork
2) Pittsburgh
3) Detroit
4) Boston
Q. Which of the following is not a tool of fiscal policy?
1) Public expenditure
2) Interest rate
3) Deficit financing
4) Taxation
Q. Which of the following is not a Public good?
1) Government Administration
2) National Defence
3) Cars
4) Roads
Q. Which of the following expression shows the formula of Gross Fiscal Deficit?
1) Gross Fiscal Deficit = Primary Deficit + Net borrowing from abroad
2) Gross Fiscal Deficit = Total Expenditure - Revenue Receipts
3) Gross Fiscal Deficit = Revenue Deficit + Capital Expenditure
4) Gross Fiscal Deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad
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