Macro PYQ — Page 20

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

The standard rate which is applied to the supply of goods and/or services across the country under the GST.

Under Article 246A, which was not enacted for GST?

Goods and Service Tax, the single comprehensive indirect tax on all goods and services, extends the principle of one of the following

Which one attracts both GST and Central Excise Duty?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Capital receipts | (I) Excess of total expenditure over and above all total receipts of the government | | (B) Corporate saving | (II) Borrowings of the government | | (C) Budget deficit | (III) Retained earnings of firm | | (D) Fiscal deficit | (IV) Create a liability for the government | Choose the correct answer from the options given below:

In graphical representation, how is the aggregate demand function obtained?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Ex-post investment | (I) AD function shifts upward | | (B) Investment multiplier | (II) Planned Investment + Unplanned Investment | | (C) Ex ante aggregate demand | (III) 1/1- MPC | | (D) Owing to increase in investment | (IV) $I = c + cY$ | Choose the correct answer from the options given below:

Which of the following is a stock variable?

From the following, which will be included in the National Income?

Suppose a bank has an initial deposit of ₹200. The required cash reserve ratio is 20%. Then what will be the total money supply in an economy?

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

What is the process through which banks create money?

During deficient demand, RBI __________ the margin.

Which of the following are features of fiscal policy? (A) Taxes and government spending are tools of fiscal policy. (B) It is implemented by the central bank. (C) It influences aggregate demand. (D) It involves adjustments in public debt. Choose the correct answer from the options given below:

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

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

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?

If Multiplier is 2.5,how much investment will be required to generate additional income of 1000 crores?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Inflationary gap | (I) A cause of deficiency of AD | | (B) Decline in exports | (II) A monetary measure to correct disequilibrium between AD and AS | | (C) Cash reserve ratio | (III) Pursued by the government of the country | | (D) Fiscal policy | (IV) There is no unemployment or underemployment in the country | Choose the correct answer from the options given below:

If in an economy value of Net factor Income from Abroad is 200 cores and the Factor Income to Abroad is 40 crores. Identify the value of Factor Income from Abroad.

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

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:

Goods and Services Tax became operational in the year: