Question Detail

Gross domestic capital formation is defined as

flow of expenditure devoted to increased or maintaining of the capital stock
expenditure incurred on physical assets only
production exceeding demand
net addition to stock after depreciation

Answer: Option D

Similar Questions :

1. Imperial Bank of India was old name of ?

State Bank of India
United Bank of India
Central Bank of India
Punjab National Bank

Answer: Option A

2. The best indicator of economic development of any country is ?

Its agriculture
Its transport
Its gross production
Its per capita income

Answer: Option D

3. Abid Husain Committee is related to ?

Reform in taxes
Reform in government projects
Reform in small industries
Reform in middle level industries

Answer: Option C

4. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

Statutory Liquid Ratio
Cash Reserve Ratio
Liquid Ratio
Statutory Ratio

Answer: Option A

5. Industrial Finance Corporation of India (IFCI) was established in :

1946
1947
1948
1949

Answer: Option C

Explanation:

Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.

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