Economy and Banking Practice

The Gadgil formula for allocating plan resources to states was first adopted in which Five-Year Plan?

Who presented the first Union Budget of independent India on 26 November 1947?

Under which Article of the Constitution of India is the Union Budget presented as the 'Annual Financial Statement'?

What is the term for a situation that combines inflation, slow economic growth and high unemployment?

Which measure of national output counts the production by a country's citizens both at home and abroad?

The Reserve Bank of India was set up on the recommendations of which commission?

Who was the first Indian Governor of the Reserve Bank of India?

After 14 major commercial banks were nationalised in 1969, how many more banks were nationalised in 1980?

Gross Value Added (GVA) is obtained by subtracting which of the following from the gross value of output?

A repurchase agreement (repo) is basically a form of: