Macro PYQ — Page 12

Identify which of the following is an example of non-debt capital receipts.

Which of the following is not an example of Net Invisible items? 1. Banking 2. Shipping 3. Machinery 4. Tourism

When governments intervene in the market to expand or reduce the demand, this course of action is .......

Which of the following are major functions of commercial banks?

International economic transactions are called ....... when transactions are made due to some reason other than to bridge the gap in the balance of payments, that is when they are independent of the state of balance of payments.

Aggregate demand for final goods consists which of the following? (A) Ex-ante consumption. (B) Ex-ante Investment. (C) Government spending. (D) Effective demand. Choose the correct answer from the options given below:

Value added refers to which of the following?

Among the following, which are the functions of money? (A) Medium of exchange. (B) Unit of account. (C) Bartering (D) Store of value Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Buying and selling of bonds | (I) Transaction Motive | | (B) Hold money is to carry out expenses | (II) Open Market Operations | | (C) The number of times a unit of money changes hands during the unit period | (III) Velocity of circulation | | (D) Hold money in terms of bonds | (IV) Speculative Motive | Choose the correct answer from the options given below:

Identify which of the following statements are correct? (A) Fiscal deficit is the difference between total revenue and total expenditure excluding borrowing of the government. (B) Fiscal deficit is the difference between total planned expenditure and total planned receipts of the government. (C) Primary deficit is the difference between total planned receipt and interest payments. (D) Fiscal deficit is the sum of primary deficit and interest payment. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Macroeconomics | (I) Unlimited. | | (B) Human wants | (II) Economics of 'what ought to be'. | | (C) Normative Economics | (III) A system by which people of an area earn their living. | | (D) Economy | (IV) Studies the problem of choice at the level of the country as a whole. | Choose the correct answer from the options given below:

Level of planned output coincides with planned expenditure when: (AD = Aggregate Demand. AS= Aggregate Suplly)

A change in autonomous spending causes aggregate output of final goods to change by a large or small amount due to?

Consider the statements about Open Market Operations (OMO): (A) OMO is a tool by which the Reserve Bank of India(RBI) controls money supply. (B) OMO is an example of Qualitative Control. (C) Selling bonds through RBI reduces the money supply. (D) Outright OMOs are permanent in nature. Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. Only (A), (B), (C) 3. Only (A), (C), (D) 4. Only (A), (D)

Which government body is responsible for reporting GDP in India ? 1. Department of Revenue 2. Central Board of Direct Taxes 3. Central Statistics Office 4. Niti Ayog

The place where currencies are traded is known as .........

Primary Deficit can be zero if?

If there is an increase in investment by Rs100 in an economy, MPC = 0.9, choose the correct sequence with reference to the working of the investment multiplier. (A) Producers increase their planned output further by (0.9)10, the income of the economy goes up by (0.9)10 and consumption demand increases further by (0.9)² 10. (B) This process goes on, round after round. (C) Income increases by 100, Consumption expenditure increases by 90 and therefore, aggregate demand goes up by 90. (D) The total increment in the income will be 1000. Choose the correct answer from the options given below:

The benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalized) is referred to as .........

In a given consumption function C=50+0.5Y, autonomous consumption is.

The function of the investment multiplier is?

Which of the following indicate that the goods and services are evaluated at some constant set of prices ?

When did GST came in effect in India?

Match the following: | List -I | List -II | |---|---| | (A) Direct Investment | (I) Bilateral Loans | | (B) Portfolio Investment | (II) Equity Capital | | (C) External Borrowing | (III) Off Shore Funds | | (D) External Assistance | (IV) Short Term Debt | Which of the following combination is a correct match of the above? 1. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) 2. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 3. (A) - (II), (B) - (III), (C) - (IV), (D) - (I) 4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)