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Devaluation of currency will be more beneficial if

prices of domestic goods remain constant
prices of exports remain constant
prices of imports remains constant
prices of exports rise proportionately
Additional Questions

Of the gross tax revenue of the Union Government the indirect taxes account for nearly

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The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

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Reserve Bank of India was nationalized in the year

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In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?

  1. A large number of farmers are illiterate and know little about scientific agriculture
  2. Prices of primary products are lower than those of manufactured products
  3. Investment in agriculture has been low when compared to investment in industry

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National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year

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If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

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Fiscal deficit in the Union Budget means

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How many banks were nationalized in 1969?

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In India, the first bank of limited liability manages by Indians and founded in 1881 was

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In India, inflation measured by the

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