The growth of GDP increased from __________ during 1980 - 1991.
5.6%
5.5%
5.2%
5.7%
Globalization has created new opportunities of:
Employment
Emerging multinational companies
Providing services
All the above
What is Inflation?
Increase in the general price level
Decreasing goods prices
Falling the demand of goods
Decrease in the general price level
Who controlled the financial sector in India?
State Bank Of India
World Bank
Reserve Bank Of India
Co-operative Banks
In which year GATT was established?
1947
1946
1948
1949
WTO aims at:
Establishing rules for domestic trade
Restricting trade practices
Liberalising international trade
Disparities in income
In the domestic economy major reforms were undertaken in the _______ sector.
Industrial Sector
Financial sector
Primary sector
Service sector
What are the reasons for Privatization?
Inefficiency,indifference and corruption
Indifference and corruption
Inefficiency and irresponsibility
Inefficiency,indifference ,irresponsibility and corruption
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
In which year Reserve Bank of India established?
1935
1936
1937
1938
