Class XII

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
  1. zero
  2. equal to government income
  3. larger than government income
  4. negative
In India, the first bank of limited liability manages by Indians and founded in 1881 was
  1. Hindustan Commercial Bank
  2. Oudh Commercial Bank
  3. Punjab National Bank
  4. Punjab and Sind Bank
Since the inception of the co-operative movement, rural credits has been
  1. institutionalized
  2. rationalized
  3. cheapened
  4. All of the above
The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
  1. 15 to 20 percent
  2. 20 to 25 percent
  3. 25 to 30 percent
  4. 30 to 35 percent
In India, inflation measured by the
  1. Wholesale Price Index number
  2. Consumers Price Index for urban non-manual workers
  3. Consumers Price Index for agricultural workers
  4. National Income Deflation
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