ECONOMICS ONE LINER SET 01

ECONOMICS ONE LINER SET 01

1. During which Plan did prices show a decline? First
 
2. Which bank is the Banker of the Banks? RBI
 
3. When was the Reserve Bank of India taken over by the Government? 1948
 
4. Which is the tax that takes away a higher proportion of one’s income as the
income rises?
Progressive tax
 
5. What is the mean of Invisible Export? Export Services
 
6. During which Plan did prices show a decline? First
 
7. When was the Rolling plan designed? 1978-83
 
8. Why does the Issue Department of the RBI maintain a against printing of 
note? Minimum Reserve System
 
9. Who is the chairman of 13th Finance Commission? Vijay Kelkar
 
10. What is an essential attribute of inflation? Increase in prices