1766: Consider the following actions by the Government:
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies
In the context of economic recession, which of the above actions can be considered a part of the "fiscal stimulus" package ?
(a) 1 and 2 only
(b) 2 only
(c) 1 and 3 only
(d) 1, 2 and 3
1767: Among the following, which one is the largest exporter of rice in the world in the last five years?
(a) China
(b) India
(c) Myanmar
(d) Vietnam
1768: With reference to Indian economy, consider the following statements :
1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
2. The percentage share of Public Sector in GDP has declined in the last 10 years.
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
1769: Consider the following statements:
1. The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly- owned subsidiary of the Reserve Bank of India.
2. The Small Industries Development Bank of India was established as a wholly-owned subsidiary of the Industrial Development Bank of India.
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
1770: Which one of the following countries has replaced Italy as the major importer of bauxite from India ?
(a) Canada
(b) Greece
(c) Ukraine
(d) United Arab Emirates