Time left 1 Deficit financing leads to inflation in general, but it can be checked if government expenditure leads to increase in the aggregate supply in ratio of aggregate demand only aggregate demand is increased all the expenditure is denoted national debt payment only All of the above 2 If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits will decrease will increase will neither increase nor decrease None of the above 3 India changed over to the decimal system of coinage in 4/1/1995 4/1/1957 4/1/1958 4/1/1959 4 The association of the rupee with pound sterling as the intervention currency was broken in 1990 1991 1992 1993 5 On which one of the followings is the benefits received principle of taxation to achieve optimality bases? Marginal benefit received Total benefit received Average benefit received Ability to pay for the benefit 6 On July 12, 1982, the ARDC was merged into RBI NABARD EXIM Bank None of the above 7 Which of the following is the most appropriate cause of exports surplus? Country's exports promotion value Country's stringent import policy Developments in national and international markets None of the above
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