Indian Fiscal System Gk Questions and Answers
9. | The existence of a parallel economy/black money | ||
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A. ensures increasing productive investment | |||
B. ensure a better distribution of income and wealth | |||
C. makes the monetary policies less effective | |||
D. makes the economy more competitive |
Answer | ||
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10. | The National Income of India is estimated mainly through | ||
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A. Production method alone | |||
B. Expenditure method alone | |||
C. Production and income methods | |||
D. Production and expenditure methods |
Answer | ||
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11. | The first estimate of national income in India was made by | ||
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A. VKRV Rao | |||
B. Mahalanobis | |||
C. Professor Sheroi | |||
D. Dadabhai Naoroji |
Answer | ||
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12. | Most important source of capital formation in India has been | ||
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A. Government revenue surpluses | |||
B. Public sector savings | |||
C. Corporate savings | |||
D. Household savings |
Answer | ||
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