46: Consider the following statements:
The objectives of the National Renewal Funds set up in February 1992 were
1. to give training and counselling for workers affected by retrenchment or VRS.
2. redeployment of workers
Which of these statements is/are correct?
(a) Neither 1 nor 2
(b) Both 1 and 2
(c) 1 only
(d) 2 only
47: Consider the following actions which the Governnient can take:

1. Devaluing the domestic currency.

2. Reduction in the export subsidy.

3. Adopting suitable policies which attract greater FDI and more funds from FIIs.

Which of the above action/actions can help in reducing the current account deficit?

(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) 3 only
48: Consider the following statements:

1. Infant mortality rate takes into account the death of infants within a month after birth.

2. Infant mortality rate is the number of infant deaths in a particular year per 100 live births during that year.

Which of the above statements is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
49: Which of the following was mainly responsible for the transfer of power by the British to India on August 15, 1947 ?

(a) Cabinet Mission Plan

(b) Attlee Declaration

(c) Simon Commission Plan

(d) Mountbatten Declaration
50: In India, deficit financing is used for raising resources for

(a) economic development

(b) redemption of public debt

(c) adjusting the balance of payments

(d) reducing the foreign debt