Q282. Assertion (A) : Balance of Payments represents a better Picture of a country’s economic transactions with the rest of the world than the Balance of Trade. Reason (R) : Balance of Payments takes into account the exchange of both visible and invisible items whereas balance of Trade does not. Codes:

Assertion (A) : Devaluation of a currency may promote export. Reason (R): Price of the country’s products in the international market may fall due to devaluatio

Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991. Reason (R) : The Govt. of India has resorted to devaluation.

Assertion (A) : Fiscal deficit is greater than budgetary deficit. Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabili

The balance of payments of a country is a systematic record of:

Consider the following Assertion (A): For the first time, India had no trade deficit in the year 2002-03. Reason (R): For the first time, India’s exports crosse

Assertion (A) : The new EXIM policy is liberal, market oriented and favours global trade. Reason (R) : GATT has played a significant role in the liberalisation

Assertion (A): Information technology is fast becoming a very important field of activity in India. Reason (R): Software is one of the major exports of the coun

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Assertion (A) : An important policy instrument of economic l

Assertion (A): India’s software exports increased at an average growth rate of 50% since 1995-96. Reason (R) : Indian software companies were cost-effective and

Assertion (A): Information technology is fast becoming a very important field of activity in India. Reason (R) : Software is one of the major exports of the cou

Assertion (A) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000. Reason (R) : There was a fall in forei

Assertion (A) : India does not export natural rubber. Reason (R) : About 97% of India’s demand for natural rubber is met from domestic production.

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A) : Though India’s national income has gone up s

Assertion (A) : Eastern coast of India produces more rice than the western coast. Reason (R) : Eastern coast receives more rainfall than the western coast.

Consider the following: Assertion (A) : During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17 %. Reason (R

Assertion (A): An iron ball floats on mercury but gets immersed in water. Reason (R): The specific gravity of iron is more than that of mercury. Codes:

With reference to Balance of Payments, which of the following constitutes/ constitute the Current Account? 1. Balance of trade 2. Foreign assets 3. Balance of i

Which one of the following sets of commodities are exported to India by arid and semi-arid countries in the Middle East?

Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee value)?

Consider the following items imported by India : 1. Capital goods 2. Petroleum 3. Pearls and precious stones 4. Chemicals 5. Iron and Steel The correc

With reference to the sectors of the Indian economy, consider the following pairs: | Economic activity | Sector | | :--- | :--- | | 1. Storage of agr

With reference to physical capital in Indian economy, consider the following pairs: | Items | Category | | :--- | :--- | | 1. Farmer’s plough | Worki

With reference to the Digital India Land Records Modernisation Programme, consider the following statements: 1. To implement the scheme, the Central G

With reference to Corporate Social Responsibility (CSR) rules in India, consider the following statements: 1. CSR rules specify that expenditures that

With reference to the Indian economy, “Collateral Borrowing and Lending Obligations” are the instruments of: