Exercise 3

Question 6 :

Subsidies mean

A). payment by government for purchase of goods and services
B). payment made by business enterprises to factors of production
C). payment made by companies to shareholders
D). payment made by the government to business enterprises, without buying any goods and services
Answer : Option D

Question 7 :

National expenditure includes

A). consumption expenditure
B). investment expenditure
C). government expenditure
D). All of the above
Answer : Option D

Question 8 :

Resurgent India Bonds were issued in US dollar, Pound Sterling and

A). Japanese Yen
B). Deutsche Mark
C). Euro
D). French Franc
Answer : Option B

Question 9 :

The apex body for formulating plans and coordinating research work in agriculture and allied fields is

A). State Trading Corporation
B). Regional Rural Banks
C). National Bank for Agriculture and Rural Development (NABARD)
D). Indian Council of Agricultural Research
Answer : Option D

Question 10 :

Which of the following is not an undertaking under the administrative control of Ministry of Railways?

A). Container Corporation of India Limited
B). Konkan Railway Corporation Limited
C). Indian Railways Construction Company Limited
D). Diesel Locomotive Works, Varanasi
Answer : Option C