Macro PYQ — Page 16

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

Why does central bank is called the lender of last resort? 1. It lends money to the government to finance its budget deficit. 2. Central bank lends money to trade and industry to support their export operations. 3. When a country runs out of money, the central bank prints more money. 4. Central bank lends money to banks at all times.

When did the Government of India take a decision to demonetize the currency notes of Rs500 and Rs1000?

Arrange the given statement in terms of determining the ehange rate through a floating /flexible exchange rate. (A) Depreciation of domestic currency in terms of foreign currency. (B) The demand curve shifts upward and right to the original demand curve. (C) The demand for foreign goods and services increases. (D) The increase in demand for foreign goods and services result in a change in the exchange rate. Choose the correct answer from the options given below:

Macroeconomics emerged as a separate subject in the year _________ due to Prof. J. M Keynes.

Which of the following can help to reduce the Fiscal Deficit?

In the Annual Budget 2025, the Government of India set up disinvestment targets of ₹80000 crore. Such proceeds from disinvestment can be classified as ________ receipts in the government budget as it leads to ________ of the government.

Chronologically arrange the following in sequence: (A) Smithsonian Agreement. (B) Gold standard system of exchange. (C) Gold was replaced by creating the Special Drawing Rights (SDR). (D) Bretton woods conference. Choose the correct answer from the options given below:

Mr. Kishore, an economics teacher, was explaining the concept of 'minimum percentage of total deposits to be kept by any commercial bank with the Central bank of the country, as per norms and statute prevailing in the country'. From the following, choose the correct alternative which specifies towards the concept explained by him:

Under this system, official reserve transactions are not equal to zero.

When the aggregate output is determined solely by the level of aggregate demand. Then what it called?

Arrange the following in chronological order. (A) Barter System (B) Currency notes (C) Precious metals (D) Online transfer of money. Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A)

Suppose an Indian manufacturer of steel acquires a steel manufacturing unit in Europe. This type of transactions are recorded in which of the following.

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

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

If the marginal propensity to consume is 0.6. Then what will be the value of tax multiplier?

Match List-I with List-II | List-I | List-II | |---|---| | (A) An enquiry into the nature and cause of the wealth of nations | (I) 1919 | | (B) The Economic Consequences of the Peace | (II) 1929 | | (C) General Theory of Employment, Interest and Money | (III) 1776 | | (D) The Great Depression | (IV) 1936 | Choose the correct answer from the options given below:

Level of employment is determined by which of the following?

What is the principal motive for holding money?

What is the base year?

Assume that the marginal propensity to consume is 0.8. The tax multiplier will then be ............... ?

What is GDP deflator?

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