Class Room Daily Dose Booklet: DDB No: IE 02 Answers and Explanations

 

MAGME SCHOOL OF BANKING 

Class Room - Daily Dose Booklet
 DDB NO: IE 02

Indian Economy

Answers

 

1    D. None of these
2    C. 1957
3    C. Population growth
4    D. Mixed economy
5    C. Sick Industrial Companies Act
6    A. Rs. 80000
7    C. Finance Commission
8    C. J & K
9    C. IDBI Bank
10    A. HZL
11    B.  ICICI Bank
12    D. Post Office
13    C. Tiger before a Palm tree
14    C. Employees of postal department
15    A. Sales tax
16    D. increase the rate of investment and reduce the capital output ratio
17    C. Centre and States
18    C.  Money value of capital goods produced by a country during a year
19    C. II Schedule of Reserve Bank of India Act
20    A. From 65% to 75%
21    B. Rs. 100
22    B. US $40 billion
23    B. To make Made in India a label of quality
24    C. Rs. 50
25    C.  Selling of gilt-edged securities by the Government
26    C. These seeds contain genetically engineered properties to prevent further multiplication
27    A.  It removes tax on tax and thus reduces price rise
28    B.  Varada Grameen Bank
29    B. Trading in securities
30    D. 9th Five Year Plan
31    D. Ensure social justice
32    C. Nedugadi Bank Ltd.
33    D.  It will make our exports more competitive
34    D. Gold foreign bonds and Government bonds
35    B. international trade among countries
36    C. Minimum reserve ratio
37    B.  Jammu and Kashmir
38    D. To ensure social justice
39    A.  Statutory Liquidity Ratio
40    A.  Tax on income except agriculture
41    B. Total productive income
42    C. 200 crores of rupees
43    D. Service Tax
44    D. balanced Industrial development across regions.
45    B. Reserve Bank of India
46    D. Fourth Five Year Plan (1966-71)
47    B. National Development Council
48    B. Jammu and Kashmir
49    D.  Non-plan Expenditure
50    C.  Raj Krishna
51    C. SBI 
52    A.  Planning Commission
53    D. Fourth Five Year Plan1966-71
54    A. P.V. Narasimha Rao Government (1990)
55    D. Tax Reforms
56    A. a MNC which manufactures chemicals
57    B. 16
58    B. Panvel in Maharashtra
59    C. 1989
60    C. 1949
61    C.  Control the production of food grains
62    A. New Delhi
63    A. Jaipur
64    A. Total population of the country
65    A. 5% of shares
66    A.  Four tier hierarchy of the Banking structure
67    C. 1950
68    B. Fifth
69    B. 1.0 percent
70    A.  Rajahmundry in Andhra Pardesh
71    B.  Jawahar Rozgar Yojana
72    C. Tertiary sector
73    B. Corporation Tax
74    A. Manufacturing
75    D. Fourth Five Year Plan
76    D. Central Statistical Organisation
77    C. branch banking
78    B. market dealing in existing securities
79    B. Excise duty
80    C. Reserve Bank of India
81    C.  Specialised bank to help agriculture
82    C. 1969
83    D. Both the total level of spending, the total composition of spending
84    C. Indian Railways
85    C. unpliftment of rural poor
86    C. minimum reserve system
87    A. Mumbai
88    A. A.M. Khusro
89    B. former USSR
90    A. division of tax revenue
91    D. simultaneous existence of the private and public sector
92    D. items to be imported only by the State owned undertaking
93    C. NABARD
94    B. Reliance Industries
95    A.  Videsh Sanchar Nigam Ltd.
96    B. Central Excise Duty
97    A. Rajeshwari
98    C. Corporation Bank
99    B. LIC
100    B. Bank of lndia
101    a. current asset
102    b. Watch dog
103    b. 1956
104    c. both an art and a science
105    b. Tea
106    d. Reserve Bank of India
107    c. to prevent the damage
108    a. Debenture - Interest
109    c. 2, 1, 4, 3
110    a. 9th Plan
111    c. fragmentation of land
112    a. Adam Smith - Wealth
113    b. Capital Market
114    c. Price discrimination
115    d. Keynes
116    d. none of these
117    a. I, II, III are correct
118    b. National Development Council
119    b. IFC
120    a. Labour- intensive technique
121    c. Irrigation, electricity, public works
122    a. Indian Railways
123    b. I and III are correct
124    d. (A) is false but (R) is true
125    a. 2, 3, 4, 1  
126    c. II and III are correct
127    c. mixed economy
128    c. 4, 1, 2, 3
129    c. Paul Samuelson
130    b. 1970
131    b. Tamil Nadu Industrial Development Corporation Limited
132    b. Food
133    a. we were expecting capital goods
134    a. Population growth
135    a. SAIL
136    d. 10,000 hectares
137    d. less than 2 hectares
138    c. gross national income divided by total population
139    e. 25
140    c. an enterprise operating in many countries
141    b. Income Tax 
142    a. 2 hectares
143    d. National Bank for Agriculture and Rural Development
144    c. the difference between the value of exports and imports
145    a. I alone is correct
146    b. Rs. 25 lakhs
147    b. 12
148     b. Marshall
149    b. provide balancing finance
150    b. 60%