IAS 2002 — Economy

With reference to the Wholesale Price Index (WPI), consider the following statements: 1. The new WPI series with base 1993–94 = 100 became effective from April 1998 2. In the new WPI series, the weight for primary articles has gone down by 10 percentage points 3. The weight for electricity has increased in the new WPI series Which of these statements are correct?

Consider the following financial institutions of India: 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. National Bank for Agriculture and Rural Development (NABARD) The correct chronological sequence of the establishment of these institutions is:

With reference to the Public Sector Undertakings in India, consider the following statements: 1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country 2. Project and Equipment Corporation of India Limited is under the Ministry of Industry 3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities Which of these statements is/are correct?

Global capital flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow is good for the host country?

Consider the following: 1. Currency with the public 2. Demand deposits with banks 3. Time deposits with banks Which of these are included in Broad Money (M3) in India?

Which one of the following committees recommended the abolition of reservation of items for the small-scale sector in industry?