11. Since independence, both development and non-development expenditures have increased; theincrease in the former being a little more than in the other. Non-development expenditure involves
subsidies, defence
12. The central banking functions in India are performed by the
Reserve Bank of India
13. Capital Output Ratio of a commodity measures
The amount of capital inverted per unit of output
14. As per the latest WTO report, the biggest exporter country in the world during 2007 was
USA
15.Which one of the following countries has achieved growth rates exceeding 9% for the last two to three decades ?
China
16.Which of the following Five Year Plan has achieved its growth targets ?
8th Plan
17. Moradabad has retaining its first rank in handicrafts exports. Which city comes at second rank ?
Jodhpur
18. Bilateral trade between India and Europe is expected to touch level of $ …… billion by 2010.
100
19.Who was the Chairman of 13th Finance Commission?
Vijay L. Kelkar
20.‘Repo rate’ is the rate at which
the banks lend to Reserve Bank of India.TNPSC ECONOMICS: PRICE : RS : 100
Nature of Indian economy‐ Five‐year plan models‐an assessment‐Land reforms & agriculture‐ Application of science in agriculture‐Industrial growth‐Role of public sector & disinvestment‐Development of infrastructure‐ National income Rural welfare oriented programmes‐ Social sector problems – population, education, health, employment, poverty‐ HRD – sustainable economic growth‐ Economic trends in Tamil Nadu ‐ Energy Different sources and development‐Finance Commission ‐ Planning Commission‐ National Development Council
