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Economics - Questions and Answers

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76. The National Bank for Agriculture and Rural Development (NABARD) was set up in
A. 1977
B. 1980
C. 1982
D. 1984
Explanation:
77. Consider the following statements regarding Reserve Bank of India.(a) It is a banker to Central Government(b) It fromulates and administers monetary policy(c) IT acts as an agent of the Government in respect of India membership of IMF.(d) It handles the borrowing programme of Government of India which of these statements are correct
A. A and B
B. B, C and D
C. A, B, C and D
D. C and D
Explanation:
78. In India, present trend of rapid urbanisation isdue to
A. Lack of employment opportunities in rural areas
B. Influence of cinema and electronic media
C. Break up of joint family system
D. Abolition of zamindari system
Explanation:
79. Government imposes taxes to
A. uplift weaker sections
B. check the accumulation of wealth among the rich
C. run the machinery of the state
D. None of these
Explanation:
80. The ""Slack Season"" in the Indian Economy is
A. Mar - Apr
B. Sep - Dec
C. Jan - June
D. Feb - Apr
Explanation:
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