- Inflation, in theory, occurs when money supply grows at a higher rate than GDP in real terms.
- The existence of a large parallel economy, fluctuations in agricultural and industrial output and indirect taxation are the reasons for : Cost-push inflation.
- Among the supply side measures to contain inflation is: to increase the supply of products or commodities.
- Population experts refer to the possible 'demographic bonus' that may accrue to India around 2016 A.D. They are referring to the phenomenon of: A surge in the population in the productive age groups.
- The significant change in the new FEMA which has replaced FERA is that the emphasis from imprisonment will be shifted to: Voluntary Compliance
- 'Level playing field' argument industries requires: Domestic industry to be treated at par with MNCs.
- One of the disadvantages of the Wholesale Price Index in India is that: It does not cover the service sector.
- Check-off system refers to the verification of membership through : deduction of subscription from pay.
- Direct taxation is a better form of taxation because: It allows for taxation according to means.
- Lender of the last resort, periodic inspection of commercial banks, issue of bank notes of all denominations are the functions of : Reserve Bank of India
- Multi Fibre Agreement deals with :Textiles
- Under the Medium Term Fiscal Restructuring Programme, state governments have been permitted to borrow from international financial institutions like the World Bank and Asian Development Bank to : replace their high cost debt with low cost funds.
- Open market operation of fiscal deficit was suggested by : Chakravarthy Committee.
- According to chakravarthy Committee, one of the principal causes affecting price stability in India is: Violent fluctuation in agricultural production.
- The concept of Total Fertility Rate(TFR) in population means the average number of children born to a woman during her lifetime.
- The first bank managed by Indians was :Oudh Bank
- The statement, "India has achieved national food security but has not ensured household food security" means: there is sufficient food stock but all households do not have access to it.
- The permit for duty free trade issued by the East India Company at a price to private traders was called: Diwani
- The demand for establishment of a department of agriculture in India was made by :Manchester Cotton Supply Association
- The birth rate measures the number of births during a year per : 1000 of population
If you are preparing for SSC CGL 2016 and want to subscribe to the daily study material then click YES/NO below:
Comments
write a comment