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Development expenditure of the Central government does not include

defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states
Additional Questions

ICICI is the name of a

Answer

Gilt-edged market means

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In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

Answer

Devaluation of a currency means

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In the second nationalization of commercial banks, ___ banks were nationalized.

Answer

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

  1. interest payments
  2. subsidies
  3. defence
  4. irrigation

Answer

Depreciation means

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Deficit financing leads to inflation in general, but it can be checked if

Answer

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

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India changed over to the decimal system of coinage in

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