1516: In the context of independent India's economy, which one of the following was the earliest event to take place?
(a) Nationalisation of Insurance companies
(b) Nationalisation of State Bank of India
(c) Enactment of Banking Regulation Act
(d) Introduction of First Five-Year Plan
1517: An air bubble in water will act like a
(a) convex mirror
(b) convex lens
(c) concave mirror
(d) concave lens
1518: Consider the following statements:
1. The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers.
2. The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
1519: The basic difference between imperative and indicative planning is that
(a) in the case of the imperative planning the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of the market system
(b) In the case of indicative planning there is no need to nationalise any industry
(c) in the case of imperative planning all economic activities belong to public sector, while in the other type they belong to the private sector
(d) It is easier to achieve targets in imperative type of planning
1520: Global capital-flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow is good for the host country?
(a) Commercial loans
(b) Foreign Direct Investment
(c) Foreign Portfolio Investment
(d) External Commercial Borrowings