Who among the following first proposed the idea of centralised planning for India?

What were the causes/reasons that led to 1991 economic reforms?

1. Unable to repay abroad borrowings

2. Low Forex reserves

3. High inflation

4. Bankruptcy

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Consider the following statements regarding NITI Aayog:

1. Promote Cooperative and competitive federalism

2. Encourages decentralized Planning

3. Platform for dispute resolution on inter-sectoral and inter-departmental issues

4. Focus on Technology upgradation

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Which of the following statements are CORRECT?

1. Economic Growth results in quantitative changes but economic development bring both quantitative and qualitative changes.
2. Economic development is one of the features of economic growth.
3. Unlike economic development, Economic growth is a pulsative process.

Which of the above statements is/ are CORRECT?

Consider the following items:

1. Consumer goods and services

2. Gross private domestic investment

3. Goods and services produced by the government

4. Net income from abroad

Which of the above items are included in GNP?

Which of the following are reflected in a budget document?

1. Budgetary Estimate of current financial year.

2. Budgetary Estimate of next financial year.

3. Actual figures of previous financial year.

4. Revised Estimates of current financial year.

Which of the above are included in Budget document?

Consider the following:

1. Government debts

2. Recoveries of loans and advances

3. Tax Receipts

4. Disinvestments

Which of the above mentioned is/are included in Capital Account?

Which of the following are not covered by GDP in India?

$1.$ Underground economy

$2.$ Non-market activity

$3.$ Barter system

$4.$ Opportunity cost

$5.$ Income inequality

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