Economic Quiz 5

Economic Quiz 5

1. Devaluation of currency leads to





2. Paper currency first started in India in





3. The budget deficit means





4. Short-term finance is usually for a period ranging up to





5. If the RBI adopts an expansionist open market operations policy, this means that it will





6. The ARDC is now a branch of the





7. In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?





8. In India, which one among the following formulates the fiscal policy?





9. Redistribution polices geared to reduce economic inequalities include





10. Which of the following is not an undertaking under the administrative control of Ministry of Railways?







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