1000 Best Indian Economy MCQs
Q265). The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
a).15 to 20 percent
b).20 to 25 percent
c).25 to 30 percent
d).30 to 35 percent
Correct Answer:
20 to 25 percent
Explanation:
Q266). Debenture holders of a company are its
a).shareholders
b).creditors
c).debtors
d).directors
Correct Answer:
creditors
Explanation:
Q267). In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
a).Chemicals other than fertilizers
b).Services sector
c).Food processing
d).Telecommunication
Correct Answer:
Telecommunication
Explanation:
Q268). The budget deficit means
a).the excess of total expenditure, including loans, net of lending over revenue receipts
b).difference between revenue receipts and revenue expenditure
c).difference between all receipts and all the expenditure
d).fiscal deficit less interest payments
Correct Answer:
difference between all receipts and all the expenditure
Explanation:
Q269). Since the inception of the co-operative movement, rural credits has been
a).institutionalized
b).rationalized
c).cheapened
d).All of the above
Correct Answer:
All of the above
Explanation:
Q270). Which of the following items would not appear in a company’s balance sheet?
a).Value of stocks of raw materials held
b).Total issued capital
c).Revenue from sales of the company’s products
d).Cash held at the bank
Correct Answer:
Revenue from sales of the company’s products
Explanation:
Q271). Subsidies mean
a).payment by government for purchase of goods and services
b).payment made by business enterprises to factors of production
c).payment made by companies to shareholders
d).payment made by the government to business enterprises, without buying any goods and services
Correct Answer:
payment made by the government to business enterprises, without buying any goods and services
Explanation:
Q272). The association of the rupee with pound sterling as the intervention currency was broken in
a).1990
b).1991
c).1992
d).1993
Correct Answer:
1992
Explanation: