Macro PYQ — Page 18

What is GDP deflator?

During deficient demand, RBI __________ the margin.

Goods which are traded in large quantity and are not purchased by ordinary consumers. The price measure of such trading is known as .......

Identify from the following, the three functions that operate through the expenditure and receipts of the government are ......

With keeping tax rate (T) constant if government purchases(G) increase, then arrange the following statement considering the effect on total income and output. (A) Rise in Plan Aggregate expenditure. (B) Government runs a deficit when G exceeds T. (C) Equilibrium income level increased. (D) Aggregate demand schedule shifts upward. Choose the correct answer from the options given below:

In a hypothetical economy, the consumption function is given as C = 100 + 0.75Y. The autonomous investment in the economy is 200 crores. The equilibrium level of income would be______?

When the central bank intervenes to control the exchange rate through sell/purchase of foreign currencies, this process is called______

The process of Buying and selling of bonds issued by the Government by the central bank is called.

Which is the most commonly used measure of money supply?

"GST has improved India's ranking in terms of ease of doing business. The introduction of GST has attracted foreign investors in large numbers." What will be the sequential impact of the above on the exchange rate of the rupee in the international money market? (A) The supply curve of foreign exchange shifts to the right. (B) The exchange rate starts falling. (C) There is an appreciation of the rupee on the international money market. (D) An increase in foreign investment increases the supply of foreign exchange. Choose the correct answer from the options given below:

The bank rate and reserve money are the monetary tools of RBI to regulate the money flow with ........... 1. Cooperative banks 2. External banks 3. Central bank 4. Commercial banks

When the exchange rate of foreign currency increases due to managed floating rate it is known as_______.

A decrease in income of a country leads to?

A perfectly elastic aggregate supply curve implies that: (A) There is fuller utilization of resources in the economy. (B) There is unemployment of resources in the economy. (C) There is excess capacity in the economy. (D) Aggregate demand is less in the economy. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) An increase in proportional taxes | (I) Decreases consumption by MPC times the change in taxes. | | (B) An increase in lump-sum taxes | (II) Automatic Stabilizer. | | (C) Proportional income tax | (III) Aggregate demand curve shift inwards. | | (D) Lump sum taxes | (IV) Do not depend upon income. | Choose the correct answer from the options given below: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) 3. (A) - (III), (B) - (I), (C) - (II), (D) - (IV) 4. (A) - (III), (B) - (I), (C) - (IV), (D) - (II)

When goods and services are evaluated at constant prices, the measured value is known as ........

How much total credit creation can bank creates with Cash Reserve Rato of 20% when bank's reserves are Rs. 1000.

What is required to be subtracted from personal income in order to obtain personal disposable income?

Central Bank is a very important institution in a modern economy. Almost every country has one central bank. India got its central bank in ......

Any new addition to capital stock in an economy is measured by _________.

If the M1 in the economy is Rs 375 crores, net time deposits of commercial banks is Rs 250 crores and total deposits with post office savings organizations is Rs50 crores, then what will be M4?

The Reserve Bank sells foreign exchange when there is a deficit. This move of RBI is known by which of the following? 1. Official reserve sale. 2. Balance of payments deficit. 3. Balance of payments surplus. 4. Balance of trade.

The Central Bank is a very important institution in the modern economy. What are the main characteristics of the Reserve Bank of India? (A) India got its central bank in 1935. (B) It is the custodian of the foreign exchange reserves of the economy. (C) It controls the money supply of the country through various methods, like bank rate, open market operations etc. (D) It also acts as a bank for the banking system. Choose the correct answer from the options given below:

Which of the following are used to estimate GDP by expenditure method? (A) The final consumption expenditure on the goods and services produced by the firm. (B) The expenditure that the government makes on the final goods and services produced by firm. (C) Compensation of employees. (D) The final investment expenditure Choose the correct answer from the options given below: