Macro PYQ — Page 15

Match List-I with List-II | List-I | List-II | |---|---| | (A) Capital consumption | (I) Value added | | (B) Part of raw material which gets used up | (II) Intermediate consumption | | (C) A stock variable | (III) Depriciation | | (D) A flow variable | (IV) Inventory | Choose the correct answer from the options given below:

Expenditure on the purchase of capital goods refers to ___________.

Instead of outright sale of securities, the Central Bank may sell securities through an agreement which has a specification about the date and price at which it will be repurchased. This type of agreement is called ________. The rate at which money is withdrawn in this manner is called________.

In an economy , the aggregate demand function is given by AD= 80 + 0.75 Y. What will be the value of investment multiplier?

Which of th following system is followed by the Reserve Bank of India for issuing currency?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Secondary Deposits | (i) Initial deposits with commercial banks | | (B) Primary Deposits | (ii) The ratio of money held by the public in currency to that held at deposits in commercial banks. | | (C) Currency Deposit ratio | (iii) No intrinsic value | | (D) Fiat money | (iv) Demand deposits which come back to Commercial bank through lending process. | Choose the correct answer from the options given below:

What does the BOP record?

What could persistent current account deficit lead to?

By what value equilibrium output and aggregate demand will change, when the value of parameter c changes from 0.8 to 0.5 at a given A = 50?

Which statement is not true for M3 as a measure of money supply.

Match List-I with List-II | List-I | List-II | |---|---| | (A) Open Economy | (I) Equity and Bonds. | | (B) Financial Market | (II) Demand and supply of workforce. | | (C) Output Market | (III) Various economic avenues available. | | (D) Labor Market | (IV) Visible and Invisible Trade. | Choose the correct answer from the options given below:

Consider the following statement related to Aggregate Income (A) Aggregate revenue received by the firms is paid out to the factors of production it is considered as aggregate income. (B) Aggregate Income can be calculated by calculating the aggregate value of goods and services produced by the firms. (C) Income is being spent on the goods and services produced by the firms. It takes the form of aggregate expenditure received by firms. (D) Aggregate Income can not only be calculated through aggregate expenditure. There are other methods that exist. Which of the following combination of statements best explains the concept of Aggregate Income?

Net borrowing at home included which of the following?

Which of the following is the best example of Public provision and Public Production respectively?

The Fiscal Responsibility and Budget Management Act 2003 mandates the central government to lay before both houses of parliament. Which of the three statements along with the Annual Financial Statement?

Demonetization refers to :

Which of the following measures can be taken under fiscal policy to solve the problem of deficient demand in the economy?

Which of the following best explains the constitutional aspect of Goods and Services Tax implementation in India?

Which parameter does not determine the income and employment in the economy.

If the equilibrium level of output is more than the full employment level, it is due to the fact that the demand is more than the level of output produced at full employment level. This situation is called as.............

Which of the following statements about national debt are correct? (A) Deficit can be thought of as a flow variable which adds to the stock of debt (B) The government finances debt through taxation, borrowing or printing money (C) Debt owned to foreigners involves a higher burden than debt owned to domestic agents and institutions (D) Government's debt financing crowds out private borrowers in financial markets Choose the correct answer from the options given below:

Arrange the following statements in sequential order. (A) Aggregate demand will increase. (B) Induce the public to borrow more. (C) Central Bank will decrease the reverse repo rate. (D) Ex-ante aggregate demand is less than Ex-ante aggregate supply Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (D), (C), (B), (A) 4. (A), (B), (D), (C)

Whatever is left over is appropriated by the entrepreneur is called .................. 1. Profit. 2. Interest. 3. Subsidies. 4. Capital.

How much consumption will increase when income increases by Rs. 5000 at given marginal propensity to consume of 0.60. 1. Increase in consumption= Rs. 5000 2. Increase in consumption= Rs. 4000 3. Increase in consumption= Rs. 3000 4. Increase in consumption= Rs. 2000