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Economics - Questions and Answers

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146. The method by which the CSO estimates the national income is
A. Income method
B. Expenditure method
C. Production method
D. A combination of all three
Explanation:
147. The highest dnomination of currency notes in circulation as legal tender in India is a present
A. Rs. 50
B. Rs. 100
C. Rs. 500
D. Rs. 1000
Explanation:
148. The Gandhian economt was based on the principle of
A. State Control
B. Competition
C. Trusteeship
D. Rural Cooperation
Explanation:
149. The Seventh Five - Year Plan proposed to reduce poverty from
A. 36 to 27 %
B. 44 to 36%
C. 50 to 44%
D. 60 to 50%
Explanation:
150. Prior to full convertibility of the rupee, the convertibility ratio was
A. 40 : 60
B. 60 : 40
C. 30 : 70
D. 70 : 30
Explanation:
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