636: Which one of the following statements is not correct?
(a) Rourkela Steel Plant, the first integrated steel plant in the Public sector of India was set up with the Soviet Union collaboration.
(b) Salem Steel Plant is a premier producer of stainless steel in India.
(c) Maharashtra Eletrosmelt Ltd is a subsidiary of the Steel Authority of India Ltd.
(d) Visakhapatnam Steel Plant is a unit of the Rashtriya Ispat Nigam Ltd.
637: Which one of the following determines that the Indian Constitution is Federal?
(a) A written and rigid Constitution
(b) An independent Judiciary
(c) Vesting of residuary powers with the Centre
(d) Distribution of powers between the Centre and the States
638: The economic crisis in the latter half of 1990's most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was
(a) mismanagement of the financial resources and financial sector, in general
(b) the prolonged over-valuation of local currencies vis-a-vis the western currencies
(c) the downswing and recession in the western economies which earlier provided export market to these export- oriented countries
(d) None of the above
639: Which one of the following statements is an appropriate description of deflation ?
(a) It is a sudden fall in the value of a currency against other currencies
(b) It is a persistent recession in both the financial and real sectors of economy
(c) It is a persistent fall in the general price level of goods and services
(d) It is a fall in the rate of inflation over a period of time
640: Rainfall on the east coast of Tamil Nadu occurs during October to November due to
(a) Winter monsoon
(b) Retreating south-west monsoon
(c) North-west monsoon
(d) Local winds