Question : Which of the following statement is correct?

• The Britishers policy of divide and rule promoted unity in diversity.
• India is geographically divided into two parts India and Pakistan.

Question : Which of the following statement is correct?

• Post and telegram was the least popular means of communication.
• Postal services remained inadequate.

Question : Which of the following statement is correct?

• Only gross demand deposits are part of money supply.
• Bank money is non-legal tender money.

Question : Which of the following statement is correct?

• M1 includes net demand deposits and not gross demand deposits.
• Money Supply doesnot includes money held by government and banking system.

Question : Which of the following statement is correct?

• Foreign investment are recorded in the capital account of balance of payment.
• Surplus in balance of trade and deficit and current account may coexist.