Answer: Option B. -> makes the monetary policies less effective
Answer: (b)
The existence of black money is injurious not just for tax revenues. It distorts the systematic resource allocation process and upsets the accuracy of economic forecasts.
Inflation is both a cause as well as a consequence of the black money in our economy.
Black money results in social injustice and fallacy in the economy. The rich get richer and the poor get poorer. So the existence of black money erodes the very rationale of growth behind monetary policies.

Answer: Option D. -> Price fixed by Government and Price in open market
Answer: (d)
Dual pricing is the practice of setting prices at different levels depending on the currency used to make the purchase.
It may be used to accomplish a variety of goals, such as to gain entry into a foreign market by offering unusually low prices to buyers using the foreign currency, or as a method of price discrimination.
In the context of commerce, however, dual pricing refers to the sale of the same product at different prices, depending on the market. This is also known as two-tier pricing and is common in many developing nations

Answer: Option B. -> transfer payments by the Govt.
Answer: (b)
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system.
These payments are considered to be exhaustive because they do not directly absorb resources or create output. In other words, the transfer is made without any exchange of goods or services.
Examples of certain transfer payments include welfare (financial aid), interest on public debt, social security, and government making subsidies for certain businesses (firms).

Answer: Option D. -> 4 only
Answer: (d)The process of bridging the gap between the revenue and expenditure is called deficit financing. In other words, Deficit financing refers to the ways in which the budgetary gap is financed

Answer: Option A. -> 1 only
Answer: (a)Revenue deficit means the excess of current revenue expenditure over current revenue receipts. Revenue deficit indicates that the government cannot meet its current expenditure from its current revenue. Revenue deficit= Revenue expenditure – Revenue receipts

Answer: Option D. -> An agency for safe-keeping of securities
Answer: (d)It is a service offered by a securities depository under which the depository maintains book accounts recording the ownership of securities held on behalf of the depository’s participants, for eligible securities.

Answer: Option A. -> ad valorem tax on domestic final consumption collected at all stages between production and the point of final sale
Answer: (a)

Answer: Option D. -> Initial Public Offer
Answer: (d)
An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time.
Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises.
A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.

Answer: Option C. -> the Agricultural sector
Answer: (c)
As the word suggests, disguised unemployment refers to a situation when a person is apparently employed, but in effect unemployed. It is a phenomenon of concealed unemployment, not visible to the open eyes.
Here it is not possible to identify as to who are unemployed, as all “appear to be working.” Disguised unemployment is especially seen in the field of agriculture.
Most of the people are observed to be engaged in agriculture; however, in reality, a sufficient number of them are unemployed. Their contribution regarding production is negligible.

Answer: Option D. -> It is an intense affirmative action of the government to boost economic activity in the country
Answer: (d)