Mock Test -107 [Indian Economy]

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1.
In which year, “20 Point Programme” was initiated for the first time in India?
2.
For which of the commodities the unit bpd is used in international trade?
3.
Consider the following:
  1. Notes
  2. Coins
  3. Credit
Which among the above come under the category “Common Money”?
4.
Many a times we read in the newspapers that government has hiked cess or duty on certain “demerit good”. Which among the following is an example of demerit good?
5.
Consider the following statements regarding Open Market Operations in India:
  1. The market for Government securities is well developed in India
  2. RBI has desired capability to buy and sell Government securities.
  3. Open Market Operations alone can effectively carry out the Monetary Control in India
Which among the above statements is / are correct?