In 1991, India met with an economic crisis relating to its ________ debt.
External
Internal
Public
Private
In which year Reserve Bank of India established?
1935
1936
1937
1938
What is the reason of decreasing industrial growth?
Decreasing demand of industrial production
Increasing price rate
Inflation
Deflation
_________ is the outcome of the policies of Liberalization and Privatisation.
Economic activity
Globalization
Development policies
Disparities in income and wealth
__________ have been removed to increase the competitive position of Indian goods in the international markets.
Import licensing
Export duty
Tariffs
Import tax
What are the important outcomes of the globalization process?
Outsourcing
Financing
Decision taking
Exporting
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
The foreign investment includes ___________.
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
_______ consists of taxes on income of individuals as well as profits of business enterprises.
Indirect Tax
Corporation Tax
Direct Tax
Service Tax
Which country announced the New Economic policy?
India
Britain
Germany
China