A. 1990
B. 1991
C. 1992
D. 1993
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Top of Form
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
A. Marginal benefit received
B. Total benefit received
C. Average benefit received
D. Ability to pay for the benefit
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Top of Form
Ashoka, the great emperor of the Mauryan empire,
A) was the only emperor who extended India beyond the subcontinent.
B) wrote a handbook on the principles of government
C) converted to Buddhism after his bloody war against Kalinga.
D) abdicated his throne and led a life so ascetic that he starved himself to death.
E) none of the above
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Top of Form
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
A. increase it
B. decrease it
C. no impact
D. None of the above
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Top of Form
Which of the following items would not appear in a company's balance sheet?
A. Value of stocks of raw materials held
B. Total issued capital
C. Revenue from sales of the company's products
D. Cash held at the bank
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Top of Form * If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A. will decrease
B. will increase
C. will neither increase nor decrease
D. None of the above
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Top of Form
Deficit financing leads to inflation in general, but it can be checked if
A. government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
B. only aggregate demand is increased
C. all the expenditure is denoted national debt payment only
D. All of the above