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111. The credit co-operative institution at the village level is called -
(A) Agricultural Loan Society
(B) Rural Bank
(C) Primary Agricultural Credit Society
(D) Rural Agricultural Credit Society
(A) Agricultural Loan Society
(B) Rural Bank
(C) Primary Agricultural Credit Society
(D) Rural Agricultural Credit Society
Correct Answer: [C] Primary Agricultural Credit Society.
112. Find out the statement which is false. Financial Structural reform needs
(A) reduce inflationary pressure
(B) increase in the balance of payment deficit
(C) fall in government budget deficit
(D) increase in profitability of economic sectors
(A) reduce inflationary pressure
(B) increase in the balance of payment deficit
(C) fall in government budget deficit
(D) increase in profitability of economic sectors
Correct Answer: [B] increase in the balance of payment deficit.
113. Panchayats
(A) Are entitled to Government grants only
(B) Are authorized to levy and collect taxes, duties tolls, and fees
(C) Are authorized to levy taxes only
(D) Have no power to levy taxes
(A) Are entitled to Government grants only
(B) Are authorized to levy and collect taxes, duties tolls, and fees
(C) Are authorized to levy taxes only
(D) Have no power to levy taxes
Correct Answer: [B] Are authorized to levy and collect taxes, duties tolls, and fees.
114. The National Bank for Agriculture and Rural Development (NABARD) was established in
(A) 1983
(B) 1984
(C) 1981
(D) 1982
(A) 1983
(B) 1984
(C) 1981
(D) 1982
Correct Answer: [D] 1982.
115. The New Agricultural Strategy was introduced in India in the decade of —
(A) 1970's
(B) 1960's
(C) 1950's
(D) None of the above
(A) 1970's
(B) 1960's
(C) 1950's
(D) None of the above
Correct Answer: [B] 1960's.
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