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216. Which of the following is not a feature of Indias economic planning ?
A. Limited centralisation
B. Democratic solution
C. Planning of imperative nature
D. Planning of indicative nature
Explanation:
217. The value of which of the following foreign currencies is maximum in terms of rupees ?
A. British Pound
B. Dinar
C. Riyal
D. US Dollar
Explanation:
218. For the internal financing of Five Year Plan, the government depends on
A. taxation only
B. taxation and public borrowing
C. public borrowing and deficit financing
D. taxation, public borrowing & deficit financing
Explanation:
219. Which of the following is not an asset held by commercial banks ?
A. Bills of exchange
B. Current account deposits
C. Credit balances with the Reserve Bank
D. Money lent at short notice
Explanation:
220. If the cash - reserve ratio lowered by the Central bank, what will be its effect on credit creation ?
A. Decrease
B. Increase
C. No change
D. None of these
Explanation:
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