Micro & Macroeconomics

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46. The Reserve Bank of India (RBI) issues currency notes of denominations up to:
a) ₹100
b) ₹500
c) ₹1,000
d) ₹2,000

Answer: d) ₹2,000
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47. The primary objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is to:
a) Provide financial assistance to rural entrepreneurs
b) Ensure 100 days of employment to rural households
c) Promote agricultural research and development
d) Provide affordable housing to rural households

Answer: b) Ensure 100 days of employment to rural households
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48. The National Income of India is estimated by the:
a) Ministry of Finance
b) Planning Commission
c) Central Statistical Office (CSO)
d) Reserve Bank of India (RBI)

Answer: c) Central Statistical Office (CSO)
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49. The Securities Appellate Tribunal (SAT) in India hears appeals against the decisions of:
a) National Stock Exchange (NSE)
b) Bombay Stock Exchange (BSE)
c) Securities and Exchange Board of India (SEBI)
d) Ministry of Finance

Answer: c) Securities and Exchange Board of India (SEBI)
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50. The fiscal deficit is the difference between:
a) Total revenue and total expenditure of the government
b) Total exports and total imports of a country
c) Total investment and total savings in an economy
d) Total government debt and total assets of the government

Answer: a) Total revenue and total expenditure of the government
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