Indian Economy

56. Subsidies mean

A. payment by government for the 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

Correct Answer: D. payment made by the government to business enterprises, without buying any goods and services

57. National expenditure includes

A. consumption expenditure
B. investment expenditure
C. government expenditure
D. All of the above

Correct Answer: D. All of the above

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

A. Japanese Yen
B. Deutsche Mark
C. Euro
D. French Franc

Correct Answer: B. Deutsche Mark

59. 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

Correct Answer: D. Indian Council of Agricultural Research

60. 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

Correct Answer: C. Indian Railways Construction Company Limited

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