2841: Capital Account Convertibility of the Indian Rupee implies
(a) that the Indian Rupee can be exchanged by the authorised dealers for travel
(b) that the Indian Rupee can be exchanged for any major currency for the purpose of trade in goods and services
(c) that the Indian Rupee can be exchanged for any major currency for the purpose of trading financial assets
(d) None of the above
2842: Stagflation refers to:
(a) Constant rate of inflation
(b) Low inflation with high recession
(c) High inflation with low recession
(d) Stagnation and inflation
2843: With reference to Indian transport systems, consider the following statements:
1. Indian railways system is the largest in the world.
2. National Highways cater to 45 per cent of the total road transport demand.
3. Among the states, Kerala has the highest density of surface road.
4. National Highway No. 7 is the longest in the country.
Which of these statements are correct?
(a) 1 and 2
(b) 1 and 3
(c) 2 and 3
(d) 2 and 4
2844: The first Trade Union in India was:
(a) Madras Labour Union
(b) Bombay Postal Union
(c) Printers Union of Calcutta
(d) All India Trade Union Congress
2845: Which one among the following major Indian cities is most eastward located ?
(a) Hyderabad
(b) Bhopal
(c) Lucknow
(d) Benguluru (Bangalore)