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Indian Economy

Indian Economy
Short-term finance is usually for a period ranging up to

10 months
12 months
15 months
5 months

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Indian Economy
Devaluation of currency leads to

increase in domestic prices
erratic fluctuations in domestic prices
no impact on domestic prices
fall in domestic prices

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Indian Economy
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation

I, II, III
II, III, IV
I
I, II

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Indian Economy
In India, inflation measured by the

Consumers Price Index for urban non-manual workers
Consumers Price Index for agricultural workers
Wholesale Price Index number
National Income Deflation

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Indian Economy
The Money Order system in India was introduced in the year :

1880
1999
1904
1882

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Indian Economy
In the second nationalization of commercial banks, ___ banks were nationalized.

6
9
7
8

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