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601. Income that is saved and not invested is known as
A. capital
B. hoarding
C. deposit
D. None of these
Explanation:
602. The National Council of Applied Economic Research has revised the macroeconomic forecasts for 2003-03 and placed the overall real GDP growth at what per cent against its earlier estimate of 5.5% ?
A. 5.2 percent
B. 5.0 percent
C. 4.8 percent
D. 4.5 percent
Explanation:
603. Study the following features of farming in India ? 1. The farmers voluntarily pool their land together for cultivation 2. They divide the produce in proportion to the land pooled. 3. They forego their proprietory rights in the land. 4. They cannot withdraw their land from the pool agter due notice and paying for the improvements.Which of these features belongs to cooperative farming ?
A. 1 and 2
B. 1 and 3
C. 3 and 4
D. 2 and 4
Explanation:
604. The main watch dog of internatinal trade is
A. IMF
B. WTO
C. IFC
D. World Bank
Explanation:
605. Credit Rationing in India is done by
A. RBI
B. SBI
C. LIC
D. UTI
Explanation:
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