Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

176) When there is an official change in the exchange rate of domestic currency, then it is called

Answer is:

Revaluation

177) Inflation redistributes income and wealth in favour of

Answer is:

Rich

178) The fringe benefit tax was introduced in the budget of

Answer is:

2005-06

179) Excise Duty is a tax levied on :

Answer is:

Commodities that are produced and consumed within the country

180) Who coined the term "Hindu rate of growth for Indian economy"?

Answer is:

Raj Krishna

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