Macro PYQ — Page 21

What does capital account of BOP record?

Which one is not the component of a aggregate demand for final goods?

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

Goods and Services Tax became operational in the year:

Why GST is considered as unified tax system?

The well-being and wealth of the economy may not resonate only with possession of resources. It should ....................

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

If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase - it will either decline or remain unchanged. This result is known as .......

In an economy if all individual increases the proportion of income they save, then arrange following statements in their chronological order. (A) Marginal propensity to consume decreases. (B) The level of income decreases. (C) The amount of savings remains the same. (D) The aggregate demand curve rotates downwards. Choose the correct answer from the options given below:

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:

To measure consumer price index (CPI) which of the following years are taken into consideration? (A) Current Year. (B) Preceeding Year. (C) Base Year. (D) Succeeding Year. Choose the correct answer from the options given below:

Which one attracts both GST and Central Excise Duty?

When income is less than consumption, value of Average Propensity to Consume (APC) is.

If we have to pay Rs 150 for 3 pounds, then the exchange rate is Rs........... per pound.

A shock absorber which makes disposable income, and thus consumer spending, less sensitive to fluctuations in GDP is called.

Identify the net contribution made by a firm from the following : Domestic sales + Export + Change in stock - value of intermediate consumption.

Suppose, in a flexible exchange rate system, demand for foreign goods and services increases due to increased international travel by Indians. Arrange the following statements in correct sequence. (A) Exchange rate increases. (B) Exports from India become more affordable for foreigners. (C) India's income increases by keeping other factors constant. (D) The demand curve shifts towards the right. Choose the correct answer from the options given below: 1. (D), (B), (C), (A) 2. (D), (C), (B), (A) 3. (D), (A), (B), (C) 4. (D), (B), (A), (C)

The difference between the government's total expenditure and its total receipts excluding borrowing.

Match List-I with List-II | List-I | List-II | |---|---| | (A) Final goods market | (I) A + cY | | (B) Consumers demand | (II) ΔY/ΔA | | (C) Investment multiplier | (III) Ĉ + cY | | (D) Linear equation | (IV) a + bX | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Marginal propensity to consume | (I) Change in savings per unit change in income. | | (B) Marginal propensity to save | (II) Savings per unit of income. | | (C) Average propensity to consume | (III) Change in consumption per unit change in income. | | (D) Average propensity to save | (IV) Consumption per unit of income. | Choose the correct answer from the options given below:

If the central bank wants to reduce the money supply in the economy, what it may do from the following? (A) Increase bank rate. (B) Reduce cash reserve ratio. (C) Increase in Repo Rate. (D) Buy securities in the open market. Choose the correct answer from the options given below:

Arrange the following events in chronological order as per the time period. (A) Gender Budgeting. (B) Fiscal Responsibility and Budget Management Act. (C) 101th Constitution Amendment Act. (D) Goods and Service Tax. Choose the correct answer from the options given below:

The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?

Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200.