106. What is Indo Next which was launched in January, 2005?

1. 1. A new scheme to promote Indian tourism.

   
   
   

   2. A new scheme to promote export of Indian handicrafts

   
   
   

   3. An association of the Non-Resident Indians to Organise Bharatiya Diwas every year in India.

   
   
   

   4. An alternative trading platform being promoted by the Mumbai Stock Exchange and Regional Stock Exchange

   
   
   

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   N/A

   Correct Option: D

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107. In Indian currency, the One Note is issued under the signature of

1. 1. Governor of Reserve Bank of India

   
   
   

   2. President of India

   
   
   

   3. Finance Secretary, Ministry of Finance, Government of India

   
   
   

   4. Finance Minister, Government of India

   
   
   

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   N/A

   Correct Option: C

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108. As we all know, the Wholesale Price Index is divided into five main commodity groups. which of the following is NOT considered separately as a group while calculation Wholesale Price Index (WPI)?

1. 1. Services and /or Production by Public Sector Units

   
   
   

   2. Agriculture

   
   
   

   3. Minning

   
   
   

   4. Exporst and Imports

   
   
   

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   N/A

   Correct Option: D

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109. Which one of the following statements is an appropriate description of deflation?

1. 1. It is a sudden fall in the value of a currency against other currencies.

   
   
   

   2. It is a persistent recession in both the financial and real sectors of economy

   
   
   

   3. It is a persistent fall in the general price level of goods and sevices

   
   
   

   4. It is a fall in the rate of inflation over a period of time

   
   
   

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   Correct Option: C

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110. Full convertibility of a rupee means

1. 1. Purchase of foreign exchange for rupees freely

   
   
   

   2. Payment for imports in terms of rupees

   
   
   

   3. Repayment of loansin terms of rupees

   
   
   

   4. determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

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