Economics Economy questions from IAS 2006.
Assertion (A): Balance of Payments (BoP) represents a better picture of a country's economic transactions with the rest of the world than the Balance of Trade (BoT). Reason (R): BoP takes into account the exchange of both visible and invisible items whereas BoT does not.
Consider the following statements: 1. Life Insurance Corporation of India is the oldest insurance company in India. 2. National Insurance Company Limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India. 3. Headquarters of United India Insurance Company Limited are located at Chennai. Which of the statements given above are correct?
Which one of the following Indian banks is not a nationalized bank?
Which one of the following is the correct statement? Service tax is a/an: