Indian Economy

Who wrote a book describing the theory of economic drain of India during British rule?

Answer: (d)

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As the economy develops, the share of the tertiary sector in the GDP.

Answer: (c)

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The National Income of a country is

Answer: (b)

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The most appropriate measure of a country’s economic growth is its

Answer: (d)

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Which one among the following countries has the lowest GDP per capita?

Answer: (b)

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The major aim of devaluation is to

Answer: (a)

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Inflation is caused by

Answer: (d)

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Devaluation usually causes the internal price to

Answer: (c)

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In India, one-rupee coins and notes and subsidiary coins are issued by

Answer: (b)

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The process of curing inflation by reducing money supply is called

Answer: (c)

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