Find out the statement which is false.
Financial Structural reform needs

• fall in government budget deficit
• increase in profitability of economic sectors
• reduce inflationary pressure
• increase in the balance of payment deficit
Solution
Correct Option: D  [ increase in the balance of payment deficit ]

Explanation:

Chairman of the 15th Finance Commission of India-

• NK Singh
• YV Reddy
• Ranghuram Rajan
• Ramesh Chand
Solution
Correct Option: A  [ NK Singh ]

Explanation:

Which prograrnme gave the slogan, Garibi Hatao ?

• 4th Five Year Plan
• 5th Five year plan
• 6th Five Year Plan
• 7th Five year plan
Solution
Correct Option: B  [ 5th Five year plan ]

Explanation:

About Deendayal Antyodaya Yojana (DAY) which of the following is not correct ?

• It focuses on both the rural and urban areas
• It aims at skill development.
• It is a State Government's scheme
• It has replaced Ajeevika
Solution
Correct Option: C  [ It is a State Government's scheme ]

Explanation:

The Iron and Steel plants of Rourkela and Durgapur were conceived under the:

• First Five Year Plan
• Second Five Year Plan
• Third Five Year Plan
• Fourth Five Year Plan
Solution
Correct Option: B  [ Second Five Year Plan ]

Explanation:

Green revolution occurred during:

• 1945-1955
• 1965-1975
• 1985-1995
• none of these
Solution
Correct Option: B  [ 1965-1975 ]

Explanation:

The Plan launched in the 50th year of Indian Independence was :

• Sixth five year plan
• Eighth five year plan
• Ninth five year plan
• Tenth five year plan
Solution
Correct Option: C  [ Ninth five year plan ]

Explanation:

What is hard currency?

• A stable currency
• Arranged in war time
• Issued by IMF
• Given by RBI to foreign banks
Solution
Correct Option: A  [ A stable currency ]

Explanation:

New Industrial Policy of India was introduced in the year:

• 1990
• 1991
• 1992
• 1993
Solution
Correct Option: B  [ 1991 ]

Explanation:

Which of the following is not an asset held by the commercial bank ?

• Bills of exchange
• Current account deposits
• Money lent at short notice
• Credit balances with the Reserve Bank
Solution
Correct Option: B  [ Current account deposits ]

Explanation: