Question : The government of India launched 'Make in India' initiative in september, 2014 to increase foreign direct investment (FDI) in 25 sectors. As of April, 2015, FDI inflow in India increased by 48% since the launch of 'Make in India' initiative. Identify the concept being described in the above lines, with regards to inflow of FDI?

Option 1: Demonetisation 

Option 2: Privatisation 

Option 3: Liberalisation 

Option 4: Globalisation

Question : Government of India is seriously thinking to empower all of its oil marketing public sector undertaking to fix their own price for petrol and diesel?
Name the economic reforms related to this decision of government?

Option 1: Liberalisation 

Option 2: Privatisation 

Option 3: Globalisation 

Option 4: None of the above

Question : Choose the incorrect statement from given below:

Option 1: Central bank has the sole authority to issue currency in India.

Option 2: All currency coins are minted by the Central government in India

Option 3: Currency notes in India are guaranteed by the central government.

Option 4: Currency notes are known as ‘limited Legal tender’.

Question : Identify the incorrect statement given below:

Option 1: Present currency can work as money as it is a legal tender.

Option 2: Coins held by the public are limited legal tender.

Option 3: Central bank prints currency in India.

Option 4: Central banks do not deal with the general public.

Question : The legal tender in India is: 

Option 1: US dollar 

Option 2: Euro 

Option 3: Indian rupee 

Option 4: Japanese yen