3. The existence of a parallel economy/black money :
(a)Makes the economy more competitive (b)Makes the monetary policies less effective (c)Ensure a better distribution of income and wealth (d)Ensure increasing productive investment
Answer
Answer : (b)
Explanation
Explanation : No answer description available for this question. Let us discuss.
Social Sector of Indian Economy » Exercise - 19. Consider the following items : 1. Sugar 2. Sugarcane 3. Vegetable oils Which of the items given above is/are the Essential Commodities under the Essential Commodities Act, 1955 ? (a) Only 1 (b) 1 and 3 (c) 2 and 3 (d) All of these
Social Sector of Indian Economy » Exercise - 16. Consider the following factors : 1. Deficit financing 2. Black money in an economy 3. High rate of population growth Which of the factors given above are responsible for the Demand-Pull inflation in an economy ? (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of these
Social Sector of Indian Economy » Exercise - 15. Consider the following statements : 1. Inflation benefits the debtors. 2. Inflation benefits the bond-holders. Which of the statements given above is/are correct ? (a) Only 1 (b) Only 2 (c) Both 1 and 2 (d) Neither 1 nor 2
Social Sector of Indian Economy » Exercise - 12. Economic growth is usually coupled with : (a) deflation (b) inflation (c) stagflation (d) hyper inflation
Industrial Sector in Indian Economy » Exercise - 19. WTO came into existence at the conclusion of which round of GATT? (a) Singapore (b) Uruguay (c) Tokyo (d) Marrakesh
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