Indian Economy Flashcards

1
Q

Examples of economic overheads..

A
  • Roads and Railways
  • Schools
  • Sanitary Facilities
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2
Q

Who releases the Wholesale Price Index figures?

A

Ministry of Commerce and Industry

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3
Q

Sudden decrease of birth rate would cause..

A

Increase in per capita income

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4
Q

What was the immediate crisis India faced in the beginning of the 1990s?

A

Foreign Exchange Crisis

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5
Q

The battle of Plassey was fought in..

A

1757

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6
Q

Who determines the eligibility of members of the finance commission?

A

Parliament

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7
Q

Development expenditure examples..

A
  • Irrigation expenditure
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8
Q

Name extra-constitutional bodies..

A
  • Planning Commission
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9
Q

Scope of land reforms does not include..

A

Housing loans to farmers

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10
Q

What is AKA Paper Gold?

A

Special Drawing right

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