Question

Which among the following is the only correct statement?
A.Recession in industrial sector in India is normally due to fall in exports
B.Money market meets long term financing needs
C.Ways and means advances is given by RBI are nowhere related to state’s revenue
D.Exchange rate is fixed by RBI

Answer 1

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Correct Answer: C [Ways and means advances is given by RBI are nowhere related to State’s revenue]


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Answer 2

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C.(Ways and means advances is given by RBI are nowhere related to state’s revenue.)