Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology.

Reason (R): The ideology of socialism believes in Universalism and globalism.

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Which of the following comes under Non-Plan expenditure?

1. Subsidies

2. Interest payments

3. Defence expenditure

4. Maintenance expenditure for the infrastructure created in the previous plans.

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National Income is the:

The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year:

Some time back, the Government of India decided to delicense the “White Good’s Industry”. White goods include:

The misery index is the sum of a country's unemployment and inflation rate. The higher the index, the more miserable is the country to live in. The figure given below is the Misery Index for various countries in Europe:

Which of the following conclusions can be drawn from the misery index given above?

$1.$ Britain is the most miserable country to live in.

$2.$ The inflation rate in Spain is less than that in Belgium and Britain.

$3.$ Italy and France seem to have almost identical unemployment rate.

$4.$ The higher the misery index, the higher the inflation rate.

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Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee value)?

Consider the following statements :

The price of any currency in the international market is decided by the

1. World Bank.

2. Demand for goods/services provided by the country concerned.

3. Stability of the government of the concerned country.

4. Economic potential of the country in question of these statements.

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A consumer is said to be in equilibrium, if: