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IAS Economy Practice Question . 30

Consider the following important places related to Iron Industry in British India: 1. Barakar 2. Bhadravati 3. Hirapur Which of the following is a correct set of current states of India, in which they were present? [A]Bihar, Andhra Pradesh, West Bengal, [B]West Bengal, Karnataka, West Bengal [C]Bihar, Karnataka, West Bengal [D]Bihar, Andhra Pradesh, Karnataka Click ..


IAS Economy Practice Question . 29

Who among the following was the head of the Committee on “Distribution of Income and Levels of Living” set up in 1960? [A]Mathukumalli V. Subbarao [B]S. N. Roy [C]P. C. Mahalanobis [D]K C Dasgupta Click for Answer & Explanation Answer: P. C. Mahalanobis The committee on “Distribution of Income and Levels of Living” was set ..

IAS Economy Practice Question . 28

Recently, the term XBRL was in news. What is XBRL? [A]It’s a new computer language [B]It’s a new software designed for businesses [C]It’s a new international accounting norm adopted recently [D]None of the above Click for Answer & Explanation Answer: It’s a new computer language XBRL refers to eXtensible Business Reporting Language, which is a ..

IAS Economy Practice Question . 27

In context with the share markets, what is the difference between rights and bonus issue? 1. Bonus issues are issued free of charge, Right Issues are for a charge 2. Bonus Issue is under primary market offering, Rights issue us under secondary market offering Choose the correct option: [A]Only 1 is correct [B]Only 2 is ..

IAS Economy Practice Question . 26

Which among the following were the main objective of launching Market Stabilization Scheme (MSS) in 2004? 1. To meet short-term mismatches in receipts and expenditure 2. To meet the government’s expenditure 3. To provide the RBI with a stock of securities with which it can intervene in the market to manage liquidity Choose the correct ..