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Indian Banking and Financial System

81.

The IDBI was established in

Answer: A

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82.

Consider the following factors:

1. High investment in Industries

2. Expanding market

3. Dynamic entrepreneurship

Which of the above are required for accelerated growth of an economy?

Answer: C

Invest in growth by hiring more workers, lowering taxes, providing incentives for entrepreneurs all of which the us is currently doing the opposite of. Today India is among the fastest growing country in the World. India’s share in world GDP has doubled in the last two decades. It became the third largest economy in the world on purchasing power parity basis this year.

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83.

Which of the following taxes is levied and collected by the union, but assigned to the states?

Answer: C

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Answer: D

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85.

Consider the following statements about Infrastructure Debt Fund (IDF) in India: 1. Infrastructure debt fund are regulated by Planning commission 2. Infrastructure debt fund can be established as a trust in India, but not in company.

Select the above correct statements

Answer: D

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Answer: C

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87.

When was the Tata Iron & Steel Company set up at Jamshedpur?

Answer: A

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Answer: D

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89.

Development means economic growth with

Answer: B

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90.

To get the Net National Product, we deduct what from the Gross National Product?

Answer: D

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