Macro PYQ — Page 19

Which combination among the following represents a Geopolitical challenge in the economy. A. Rise in inflation due to war and other natural calamities. B. Fluctuation in economic benchmarks due to unstable government. C. Impacting Balance of Payment due to economic sanctions on a country. D. Failure of a firm led to a reduction in profit making. 1. (A), (C) and (D) only 2. (A), (B), (C) and (D) 3. (A), (B) and (C) only 4. (A) and (D) only

Foreign exchange reserves are ample, means? 1. Reserve is sufficient to purchase goods and services from abroad. 2. Anticipated demand for foreign goods and services can be met through incumbent foreign exchange reserve. 3. Supply of foreign reserves is more than demand of foreign reserves. 4. Government is confident about present and future need of foreign reserve.

Trade deficits occur when

Match List-I with List-II | List-I | List-II | |---|---| | (A) Currency + Demand Deposits + Savings deposits with Post Office savings banks | (I) M4 | | (B) Currency + Demand Deposits + Net time deposits of commercial banks + Total deposits with Post Office | (II) M2 | | (C) Currency + Demand Deposits | (III) M3 | | (D) Currency + Demand Deposits + Net time deposits of commercial banks | (IV) M1 | Choose the correct answer from the options given below:

Given a cash reserve ratio of 50 per cent and reserves of Rs 100, what is the money multiplier?

The basic objective of macroeconomics is to develop theoretical tools. They are called........

The issue of currency's credibility and ensuring stability in international transactions, is handled by ............

A capitalist economy can be defined as an economy in which most of the economic activities have the following characteristics. (A) Sale and purchase of labour services at their own price. (B) Sale and purchase of labour services at the wage rate. (C) Production takes place for selling. (D) Authorities may intervene to achieve an equitable distribution of the final mix of goods and services. Choose the correct answer from the options given below:

Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India. (A) Gross Domestic Investment. (B) Private Final Consumption Expenditure. (C) Government Final Consumption Expenditure. (D) Net Exports. Choose the correct answer from the options given below:

Determination of income and employment of a two-sector model is done by: (A) Ex-ante aggregate demand for final goods. (B) Ex-post aggregate demand for final goods. (C) Fixed price of final goods. (D) Constant rate of interest. Choose the correct answer from the options given below:

When a government action increases the exchange rate, by making the domestic currency cheaper, it is called..........

When $C = 70 + 0.5Y$ and $I = 40$, what is the equilibrium income?

Which system is prone to speculative attack on a currency?

A firm produces Rs 1000 worth of goods per year. Rs 200 is the value of intermediate goods used by it during the year and Rs 100 is the value of capital consumption. What is the net value of total production?

The current transfers from the rest of the world such as gifts, aids, etc. are included in ________.

Identify the situation in which the equilibrium level of output is less than the full employment level of output?

Which initiatives strengthened the government's resolution to go cashless. (A) Jan Dhan accounts. (B) Aadhar enabled payment systems. (C) E-Wallets. (D) National financial Switch. Choose the correct answer from the options given below:

Arrange the following statement in the context of the effect of an autonomous change in aggregate demand on income and output. (A) When autonomous investment increases, the aggregate demand shifts in parallel upwards. (B) Equilibrium level of income depends on aggregate demand. (C) Excess demand emerges in the economy. (D) The output will be greater than the original output. Choose the correct answer from the options given below:

The banks are required to keep some reserves in liquid form with the central bank. What are they called?

A country in the year 2000 produced 100 units of bread at price of Rs 10 per bread. GDP at current price was Rs 1,000. In 2001 the same country produced 110 units of bread at price Rs 15 per bread. What is the GDP deflator?

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:

When is Demonetisation, a new initiative was taken by the Government of India?

In the consumption equation, the slope of the consumption function is represented as: