Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

211) For revival and restructure of weak banks of public sector, which committee was constituted?

Answer is:

Narsimham Committee

212) If the Budget of the Government does not get passed by 31st March how is the Government expenditure undertaken?

Answer is:

Vote on account

213) When interest payments are subtracted from fiscal deficit, the remainder is known as

Answer is:

Primary deficit

214) Which one of the following will result iii crowding out of private sector in the credit market?

Answer is:

Low rate of interest

215) Which one of the following is not true for the Repo operations?

Answer is:

In a Repo operation object is to regulate credit flow

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