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Question 1
economy
In order to control inflationary price rise, Reserve Bank directs Banks to
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Correct Answer

Increase Cash Reserve Ratio (CRR)

Explanation
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Question 2
economy
The basic regulatory authority for mutual funds
and stock markets lies with the:
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Correct Answer

Securities and Exchange Board of India.

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Question 3
economy
Which of the following does not come under the GST in India ?
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Correct Answer

Petroleum products

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Question 4
economy
If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be to :
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Correct Answer

increase it

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Question 5
economy
The period of high inflation and low
economic growth is termed as:
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Correct Answer

Stagflation

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Question 6
economy
The full form of GST is:
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Correct Answer

Goods and Services Tax

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Question 7
economy
ICDS was first introduced in India in the year
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Correct Answer

1975

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Question 8
economy
In India, which sector generally suffers from the
problem of surplus labour ?
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Correct Answer

Agriculture

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Question 9
economy
In Income Tax, Assessee is :
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Correct Answer

a person who pays income tax

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Question 10
economy
Which of the following pairs is/are
incorrectly matched?

<table>

<tr>
<td>i. Finance Commission </td>

<td>: Constitutional of India</td>

</tr>

<tr>
<td>ii. Securities and Exchange Board of
India</td>

<td>: Statutory Body</td>

</tr>
<tr>
<td>iii. NITI Aayog</td>

<td>: Constitutional Body</td>

</tr>
<tr>
<td>iv. Reserve Bank of India</td>

<td>: Statutory Body</td>

</tr>
</table>

Select the correct answer using the codes given below.

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Correct Answer

(iii) only

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