Indian Economy Question and Answers - TNPSC

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INDIAN ECONOMY QUESTIONS AND ANSWERS 11 to 15

11. Since independence, both development and non-development expenditures have increased; theincrease in the former being a little more than in the other. Non-development expenditure involves

subsidies, defence

12. The central banking functions in India are performed by the

Reserve Bank of India

13. Capital Output Ratio of a commodity measures

The amount of capital inverted per unit of output

14. As per the latest WTO report, the biggest exporter country in the world during 2007 was

USA

15.Which one of the following countries has achieved growth rates exceeding 9% for the last two to three decades ?

China

More Indian Economy QUESTIONS AND ANSWERS available in next pages

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