
A redistribution of income in a country can be best brought about through
Progressive taxation combined with regressive expenditure
Regressive taxation combined with regressive expenditure
Regressive taxation combined with progressive expenditure


Important Questions on Indian Economy

The sum of which of the following constitutes Broad Money in India?
1. Currency with the public
2. Demand deposits with banks
3. Time depostis with bans
4. Other deposits with RBI
Choose the correct answer using the codes given below:

Match
List I List Il
(Committees) (Chaired by)
- Disinvestment of shares in Public Sector Enterprises 1. Rajah Chelliah
- Industrial Sickness 2. Omkar Goswami
- Tax Reforms 3. R. N. Malhotra
- Reforms in Insurance 4. C. Rangarajan

One of the important agreements reached in the 1996 Ministerial Conference of WTO refers to:


Consider the following graphs:
The behaviour of a fictitious stock market index. [comprising a weighted average of the market prices of a selected list of companies including some Multinational Corporations (MNC's) over a 15 day period is shown in the graph. The behaviour of the MNC's in the same period is also shown in the second graph.
Which one of the following is a valid conclusion?

Match the List I with List II:
List I (Commondities exported from India) | List II (Countries of destination) | ||
A. | Iron ore | 1. | Russia |
B. | Leather goods | 2. | U.S.A |
C. | Tea | 3. | Japan |
D. | Cotton fabrics | 4. | U.K |
5. | Canada |

In India, inflation is measured by the:
