Macro PYQ — Page 14

Match List-I with List-II | List-I | List-II | |---|---| | (A) MPS | (I) $C/Y$ | | (B) MPC | (II) $\bar{C} + cY$ | | (C) APC | (III) $1 - c$ | | (D) Consumption function (C) | (IV) $\Delta C/\Delta Y$ | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Not pass through any more stages of production or transformations | (I) Capital goods | | (B) Consumed when purchased by their ultimate consumers | (II) Intermediate goods | | (C) Gradually undergo wear and tear | (III) Final goods | | (D) Used by other producers as material inputs | (IV) Consumption goods | Choose the correct answer from the options given below:

The month in which the Goods and Services Tax became operational.

Which of the following is a stock variable?

What is the process through which banks create money?

Which of the following international transactions are meant to bridge the gap in BOP

Which of the following goods undergo wear and tear, thus gradually replaced over time?

Suppose in a hypothetical economy ,the income rises from ₹5000 crores to ₹6000 crores. As a result, the consumption expenditure rises from ₹4000 cores to ₹4600 crores. Then what will be the marginal propensity to consume?

Arrange the following in correct sequence according to their occurance. (A) Reduction in cash reserve ratio by the Reserve Bank. (B) Involuntary unemployment situation in the economy. (C) Increase in credit availability in the capital market. (D) Aggregate demand falls short of aggregate supply, corresponding to full employment in the economy. Choose the correct answer from the options given below:

Which is not a cause of disequilibrium in Balance of Payment?

Arrange the following in ascending order according to their year of implementation (A) The Smithsonian Agreement. (B) First World War. (C) Introduction of Liberalized Exchange Rate Management System. (D) The Bretton Woods Conference. Choose the correct answer from the options given below:

In which year, the book 'The Economic Consequences of the Peace' was written by John Maynard Keynes.

Identify which of the following is not included while estimating national income?

The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous investment expenditure is known as?

In the balance of payments, the transactions of bonds and equity shares are placed under which of the following account?

Choose the correct statements from the following in respect of exchange rate system. (A) Floating Exchange Rate exchange rate is determined by the market forces of demand and supply. (B) In a fixed exchange rate system, making domestic currency cheaper is called Devaluation. (C) Increase in exchange rate implies that the price of foreign currency has increased and is called depreciation. (D) Exchange rates between any two currencies adjust to reflect differences in the price levels in the two countries. Choose the correct answer from the options given below:

Consider the following steps taken by the Reserve Bank of India with respect to money supply and arrange them in the appropriate sequence. (A) Increase in lending rates by commercial banks. (B) Contraction in credit. (C) Increase in bank rates by the Reserve bank of India. (D) Increase in cost of borrowings by commercial banks. Choose the correct answer from the options given below:

Suppose autonomous investment and consumption expenditure (A) in a hypothetical economy is ₹50 crores. MPS is 0.2 and the level of income is ₹4000 crores. The value of ex-ante aggregate demand would be _________

Identify which of the following statements is true about the final goods?

Which of the following is not correct for marginal propensity to consume?

Which of the following includes replacement investment?

Which of the following transaction is not included in national income?

Arrange the following steps in the correct sequence to explain the working of Multiplier. (A) Increase in income and consumption. (B) Increase in investment. (C) Rise in aggregate demand in each round (D) Generation of additional income. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) GDP at constant price | (i) known as Nominal GDP | | (B) GDP at current price | (ii) Increases only when there is increase in the quantum of output in the economy. | | (C) Welfare of the people | (III) known as earned income | | (D) Factor income | (IV) Measured in terms of the availability of goods and services | Choose the correct answer from the options given below: