Question 41 : Resurgent India Bonds were issued in US dollar, Pound Sterling and
1. Japanese Yen
2. Deutsche Mark
3. Euro
4. French Franc
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Question 42 : Deficit financing means that the government borrows money from the
1. RBI
2. local bodies
3. big businessmen
4. IMF
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Question 43 : In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
1. Chemicals other than fertilizers
2. Services sector
3. Food processing
4. Telecommunication
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Question 44 : Of the gross tax revenue of the Union Government the indirect taxes account for nearly
1. 70 per cent
2. 75 percent
3. 65 percent
4. 60 percent
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Question 45 : National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
1. 1997
2. 1998
3. 1999
4. 2000
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Question 46 : Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
1. Reliance Energy
2. Essar Oil
3. GAIL
4. ONGC
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Question 47 : India changed over to the decimal system of coinage in
1. Apr-95
2. Apr-57
3. Apr-58
4. Apr-59
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Question 48 : Paper currency first started in India in
1. 1861
2. 1542
3. 1601
4. 1880
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Question 49 : Development expenditure of the Central government does not include
1. defence expenditure
2. expenditure on economic services
3. expenditure on social and community services
4. grant to states
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Question 50 : In India, which one among the following formulates the fiscal policy?
1. Planning Commission
2. Ministry of Finance
3. Finance Commission
4. The Reserve Bank of India
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