Please select a subject first
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Explain the structure of organized sector of money market in India
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Explain the types of foreign trade.
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State with reason whether you agree or disagree with the following statement:
Issue of currency notes is the only function of Reserve Bank of India.
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State with reason whether you agree or disagree with the following statement:
Commercial banks create credit.
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PASSAGE
Post-liberalization, public sector banks have diversified into non- traditional activities such as mutual funds, merchant banking, venture capital funding etc. There is also growth in parabanking activities such as leasing, hire-purchase and factoring services.
Merchant banking includes issue management, project counselling, working capital financing, foreign currency loans, portfolio management etc.
Retail banking offers financial services to individuals for personal consumption such as housing loans, loans for purchase of consumer durables, auto loans, educational loans, credit cards etc.
Banks have been permitted to enter into the life insurance business.
- Identify the areas of diversification undertaken by public sector banks post-liberalization (1 mark)
- Mention the financial services offered under retail banking. (1mark)
- Give your personal opinion based on the above passage. (2 marks)
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What are the reasons for the recent growth in public expenditure?
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The budget consists of revenue receipts and revenue expenditure ______
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Choose the correct pair:
| Group A | Group B |
| A. Price Index | (a) `(sump_1q_1)/(sump_0q_0) xx 100` |
| B. Value Index | (b) `(sumq_1)/(sumq_0) xx 100` |
| C. Quantity Index | (c) `(sump_1q_1)/(sump_0q_1) xx 100` |
| D. Paasche's Index | (d) `(sump_1)/(sump_0) xx 100` |
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Public expenditure of any government shows ______.
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Choose the correct pair :
| Group A | Group B |
| 1) Price Index | a) `(sum p_1q_1)/(sum p_0q_0) xx 100` |
| 2) Value Index | b) `(sum q_1)/(sum q_0) xx 100` |
| 3) Quantity Index | c) `(sum p_1q_1)/(sum p_0 q_1) xx 100` |
| 4) Paasche's Index | d) `(sum p_1)/(sum p_0) xx 100` |
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Trends shown by Public expenditure of any Government shows following trend.
- Constant
- Increasing
- Decreasing
- Fluctuating
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State with reason whether you agree or disagree with the following statement:
Obligatory function is the only function of the Govenment.
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Choose the correct pair:
| Group A | Group B |
| 1) Price Index | a) `(sump_1q_1)/(sump_0 q_0) × 100` |
| 2) Value Index | b) `(sumq_1)/(sumq_0) × 100` |
| 3) Quantity Index | c) `(sump_1q_1)/(sump_0 q_1) × 100` |
| 4) Paasche's Index | d) `(sump_1)/(sump_0) × 100` |
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Calculate the price index number for the given data.
| Commodity | A | B |
| Price in 2020 (₹) | 20 | 30 |
| Price in 2021 (₹) | 40 | 40 |
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State with reason whether you agree or disagree with the following statement:
The quantity index number is one type of index number.
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Give an economic term:
An index number measuring the general changes in the prices of goods over a period of time.
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Identify and explain the concept from the given illustration:
Mihir prepared the share price index number.
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Explain the meaning of the Price Index Number.
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Identify and explain the concept from the given illustration:
Pooja collected information regarding a change in the quantity of imports of India from 2019 to 2020 and prepared an index number.
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Explain the meaning and nature of public expenditure.
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