CLAT General-Knowledge(GK): Questions 269 - 274 of 286

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Question number: 269

» Economics

MCQ▾

Question

Which of the following is the basis for determining the national income?

Choices

Choice (4) Response
a.

Total revenue of the State

b.

Production of goods and services

c.

Net profit earned and expenditure incurred by the state

d. Question does not provide sufficient data or is vague

Question number: 270

» Economics

MCQ▾

Question

By which bill does the government make arrangement for the collection of revenue for a year?

Choices

Choice (4) Response
a.

Finance Bill

b.

Economic Bill

c.

Bill

d.

Supplementary Budget

Question number: 271

» Economics

MCQ▾

Question

Consider the following statements with regard to Statutory Liquidity Ratio (SLR)?

1. To meet SLR, commercial banks can use cash only.

2. SLR is maintained by the banks with themselves.

3. SLR restrict the banks leverage in pumping more money into the economy.

Which of the statements given above is/are correct?

Choices

Choice (4) Response
a.

1 and 2

b.

2 only

c.

1 and 3

d. All of the above

Question number: 272

» Economics

MCQ▾

Question

Who was the Chairman of National Income Committee in 1949?

Choices

Choice (4) Response
a.

DR Gadgil

b.

AM Khusro

c.

PC Mahalanobis

d.

VKRV Rao

Question number: 273

» Economics

MCQ▾

Question

When did the Foreign Exchange Regulation Act (FERA) come into being?

Choices

Choice (4) Response
a.

1980

b.

1973

c.

1981

d.

1975

Question number: 274

» Economics

MCQ▾

Question

The International Finance Corporation (IFC) was established in-

Choices

Choice (4) Response
a.

1960

b.

1972

c.

1956

d.

1985

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