Macro PYQ — Page 10

Identify the correct sequence with regard to externalities: (A) Leads to negative externalities. (B) Production by the refining industry pollutes nearby rivers. (C) Causes harm to people. (D) Dependent may loose their livelihood. Choose the correct answer from the options given below:

How can a country reduce the BOP deficit?

The Indian government imports 22 Rafael planes from France. In which sub-account and on which side of the Balance of Payments account this transaction will be recorded?

Consumers will not voluntarily pay for what they can get for free and for which there is no exclusive title to the property being enjoyed. These non-paying users are known as....?

Other things remaining same, if the income abroad increases, what is the likely effect of the same on national income of the domestic economy?

When the marginal propensity to consume is given as $0.5$. What is the tax multiplier?

Who wrote the book "The Economic Consequences of the Peace"? 1. John Maynard Keynes 2. Adam Smith 3. J. S. Mill. 4. Alfred Marshall

The unsold finished goods, or semi-finished goods, or raw materials which a firm carries from one year to the next is a .....? 1. Flow and stock variable 2. Flow variable 3. Stock variable 4. Constant variable

Arrange the steps involved in preparation of the government budget. (A) Discussion and approval by the parliament. (B) Preparation of budget by the Ministry of Finance. (C) Implementation by the government. (D) Approval by the Cabinet. Choose the correct answer from the options given below:

In macroeconomics, when a price is constant, equilibrium is achieved at a point where?

Calculate the value of Real GDP for the year 2023 | Year | Output(units) | Market Price (in Rs) | |---|---|---| | 2022 | 150 | 10 | | 2023 | 200 | 20 |

What is change in price?

Arrange the following in correct sequence with respect to exchnage rate :- (A) The central bank purchases dollars to absorb the excess supply. (B) The exchange rate is fixed by the government higher than the market rate of exchange. (C) The government wants to encourage exports. (D) Supply of the dollars exceeds the demand for the dollar. Choose the correct answer from the options given below: 1. (B), (A), (D), (C). 2. (D), (A), (C), (B). 3. (C), (A), (D), (B). 4. (C), (B), (D), (A).

Arrange the following statements in the context of the calculation of Gross National Product at Market price. (A) Add Net factor income from abroad. (B) Calculate values of output. (C) Determine sales for the country. (D) Deduct intermediate consumption. Choose the correct answer from the options given below:

The interest rate paid by the commercial banks to depositors is lower than the rate charged from the borrowers. This difference between these two types of interest rates, called? 1. Bank Rate. 2. Spread. 3. Reserve. 4. Deposits.

When income is more than consumption, then value of Average Propensity to Save (APS) is.

Electronic transfer of money in terms of credit/ debit entries of the account-holders in the banks is called____.

Arrange the following steps in calculation of national income, by income method in correct sequence. (A) Add net factor income from abroad to arrive at national income. (B) Estimate the factor income paid by each sector. (C) Identify and classify the income generating units. (D) Calculating domestic factor income. Choose the correct answer from the options given below:

When a country exports more goods than its imports, the balance of trade is considered to be?

A current account deficit means that the nation is a borrower from other countries, which can also be represented as.

Calculate Gross Domestic Product at market price (GDP$_{MP}$). 1. Rs. 3500 crores 2. Rs. 3137 crores 3. Rs. 3140 crores 4. Rs. 3000 crores

The 'Ricardian equivalence' view argued that in the face of high deficits, people save more. It is called 'equivalence' because it argues that taxation and borrowing are equivalent means of ........... 1. Financing expenditure 2. Financing borrowing 3. Financing Taxation 4. Financing deficit

The value of nominal GDP is \$1100 and the value of real GDP is \$1000. Find the value of GDP deflator.

Arrange the following in correct sequence for calculating National Income. (A) Add Net Factor income from abaord. (B) Deduct value of Intermediate Goods. (C) Calculate the value of output. (D) Deduct Depreciation and NIT. Choose the correct answer from the options given below: