Who regulates the financial sector of India?
State Bank Of India
World Bank
Reserve Bank Of India
Co-operative Banks
_______ consists of taxes on income and profits of business enterprises.
a) Indirect Tax
b) Corporate tax
c) Direct tax
d) Excise duty
a Only
b Only
c Only
None of these
Privatization refers to.
The sale of privately owned businesses to the government sector
The sale of public companies to the private sector
The sale of corporately owned businesses to individuals
With regard to the WTO subsidies are covered in two seperate international economic law agreements. Which are they?
The reform treaty and Treaty of Rome
The North American free trade agreement
GATT and the Agreement on subsidies
Free Trade Agreements
_________ is the outcome of the policies of liberalization and privatization.
Economic activity
Globalization
Development policies
Disparities in income and wealth
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
Assertion (A): Inflation is a general rise in the levels of prices of goods and services in an economy over a period of timeReason (R): Inflation causes an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savingsCodes:
Both A and R are true but R is not the correct explanation for A
Both A and R are true and R is the correct explanation of A
A is true and R is false
A is false but R is true
Which of the following is characterised as "Rich coutries club"?
IBRD
IMF
ADB
IFC
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
Which accounts are an accounting record of all monetary transactions between a country and the rest of the world?
BOP (Balance of payments)
Inflation
Deflation
