April 21 – INDIAN ECONOMY

Welcome to your April 21 - INDIAN ECONOMY

Narasimham Committee (1998) is associated with
Which of the following are factors dampening India's trade performance?1. Labour Laws
2. Trade Protectionism
3. High Cost of Domestic Capital
Choose the incorrect statement about Global value Chain (GVC):
Identify the challenges For India to achieve Financial inclusion1. Information asymmetry and digital divide.
2. Zero involvement of RBI in creating Financial literacy guides, public awareness campaigns etc. 
3. Lack of various documents of proof regarding persons' identity, income, birth certificates, etc.
Choose the correct statements.1. States’ gross fiscal deficit (GFD) has remained within the FRBM threshold of 3% of gross domestic product (GDP) during 2017-18 and 2018-19.
2. With the advent of GST framework, revenue autonomy of states has shrunk considerably
as states have lost decision making power on tax rates.

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