MDC II Sem

Finance commission is related to which of the following article of the constitution

• Article 180

• Article 280

• Article 380

• Article 150

SENSEX is the index of

• Bombay Stock Exchange

• National Stock Exchange

• Cochin Stock Exchange

• None of these

Which of these authorities supervises India’s capital markets

• Insurance Regulatory and Development Authority (IRDA)
• Ministry of Finance
• Reserve Bank of India (RBI)
• Securities and Exchange Board of India (SEBI)

In which year was RBI nationalized?

• 1949
• 1955
• 1947
• 1950

Balance of Payments is an accounting statement that records monetary transactions between ________.

• a country and the rest of the world
• a country and its citizens
• a country and its provinces
• a country and its neighboring states

What is

the full form of FBRM Act of Govt of India

• Fiscal Responsibility and Budget Management Act,

• Federal Bureau of Revenue Management
• None of these

GDP means

• Gross National Product
• General Domestic Product
• Gross Domestic Product
• Global Domestic Product

Agriculture, dairy, fishing, and forestry are examples of _

• manufacturing sectors
• secondary Sectors

• tertiary Sectors

• primary Sectors

High inflation levels in the economy leads to _______ in the supply of money

• a decrease
• no change
• fluctuations
• an increase

When the price levels of goods and services are falling continuously, this phenomenon is called

• stagnation
• inflation
• deflation
• recession