Indian Economy - Mock Test 19

Question 181

States earn maximum revenue through?

A) land revenue B) custom revenue C) commercial taxes D) excise duties on intoxicants

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Question 182

The first wholly Indian Bank was set up in?

A) 1794 B) 1894 C) 1896 D) 1902

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Question 183

The central co-operative banks are in direct touch with?

A) farmers B) state co-operative banks C) land development banks D) central government

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Question 184

In the state of India, the State Financial Corporation have given assistance mainly to develop?

A) agricultural farms B) cottage industry C) large-scale industries D) medium and small-scale industries

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Question 185

The currency convertibility concept in its original form originated in?

A) Wells Agreement B) Bretton Woods Agreement C) Taylors Agreement D) None of the above

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Question 186

Which of the following items would not appear in a company's balance sheet?

A) Value of stocks of raw materials held B) Total issued capital C) Revenue from sales of the company's products D) Cash held at the bank

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Question 187

If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to?

A) increase it B) decrease it C) no impact D) None of the above

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Question 188

Which of the following is the most appropriate cause of exports surplus?

A) Country's exports promotion value B) Country's stringent import policy C) Developments in national and international markets D) None of the above

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Question 189

On July 12, 1982, the ARDC was merged into?

A) RBI B) NABARD C) EXIM Bank D) None of the above

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Question 190

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

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