ECONOMICS ONE LINER SET 09

ECONOMICS ONE LINER SET 09

1. Bouncing of cheques has become an offence. What is the punishment for the
same?
6 months imprisonment
 

2. In which year, some more commercial banks in addition to the first lot of 141 were nationalised in India?
1980
 

3. For internal financing of Five Year Plans, the government depends on which
source?
Taxation only
 

4. What is the mean of ‘Take off stage’ in an economy? Steady growth begins
 

5. Which is at the apex of Industrial Finance in India? Industrial Development Bank of India
 

6. Xerophytes grows in– Dry places
 

7. Wheat is a tropical monsoon crop– Tropical monsoon crop
 

8. In India, the bank NABARD does not provide refinance to which bank? Export-Import Banks
 

9. Which forms the largest share of deficit in Govt. of India budget? Fiscal deficit
 

10. Which scheme was intended to tap the black in money? India Development
Bonds