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Economics - Questions and Answers

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21. Which of the following is correct regarding the Gross Domestic Savings in India ?
A. Contribution of Household sector is the largest
B. Contribution of Government sector is the largest
C. Contribution of Coporate sector is the largest
D. None of these
Explanation:
22. A currency whose exchange rate tends to fall because of persistent balance of payment deficit is known as
A. Soft Currency
B. Hard Currency
C. Sinking Currency
D. Gold Currency
Explanation:
23. What was the main purpose of introducing "" Gold Bond Scheme"" in the 1992 - 93 Union budget ?
A. To raise money for various Govt. schemes
B. To mobilise the idle gold resources of people to supplement official reserves
C. To discourage poople to purchase gold from market at a higher cost
D. To encourage NRIs to bring more gold in the country
Explanation:
24. Indias Economic Summit was held in December 1999, in
A. Mumbai
B. New Delhi
C. Chennai
D. Bangalore
Explanation:
25. Which of the following schemes was intended to tap the black money ?
A. SBI Deposit Scheme
B. UTI Bonds
C. Long term Operations Scheme
D. India Development Bonds
Explanation: