| A. | I, II |
| B. | II |
| C. | I |
| D. II, III
| 2. |
Development expenditure of the Central government does not include
|
| A. | defence expenditure |
| B. | expenditure on economic services |
| C. | expenditure on social and community services |
| D. rant to states
| 3. |
Gilt-edged market means
|
| A. | bullion market |
| B. | market of government securities |
| C. | market of guns |
| D. market of pure metals
| 4. |
Devaluation of a currency means
|
| A. | reduction in the value of a currency vis-a-vis major internationally traded currencies |
| B. | permitting the currency to seek its worth in the international market |
| C. | fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies |
| D. fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners
5.
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In the second nationalization of commercial banks, ___ banks were nationalized.
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