Macro PYQ — Page 24

Calculate the value of operating surplus from following: Wages and Salaries Rs 2,000 Rent Rs 1,000 Interest Rs 500 Employers contribution in social security scheme Rs 200 Royalty Rs 300 Profits Rs 200

Choose the correct operation which will be adopted to arrive at GDP$_{MP}$ from NNP$_{MP}$.

Calculate Net Domestic Product at factor cost (NDP$_{FC}$). 1. Rs. 3000 crore 2. Rs. 3137 crore 3. Rs. 3140 crore 4. Rs. 3500 crore

Which of the following statements is correct with reference to the Cash Reserve Ratio (CRR)? A. The RBI decides a certain percentage of deposits which every bank must keep as reserves with the central bank B. To ensure that no bank is 'over lending' C. This is a legal requirement and is binding on the banks D. Cash Reserve Ratio and Statutory Liquidity Ratio are the same concept. Choose the correct answer from the options given below: 1. (A), (B) and (D) only 2. (A), (B) and (C) only 3. (A), (B), (C) and (D) 4. (B), (C) and (D) only

The saving function of a two sector economy is given as S=(-)100+0.2Y. The equilibrium level of income of this economy is 1000, then calculate the value of consumption at equilibrium?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Primary deficit | (I) Net borrowing at home + Borrowing from RBI + Borrowing from abroad | | (B) Fiscal deficit | (II) Fiscal deficit – Net interest liabilities | | (C) Revenue deficit | (III) Revenue expenditure – Revenue receipts | | (D) Revenue Expenditure | (IV) Plan and non-plan expenditure | Choose the correct answer from the options given below:

Given that in an economy, consumption function is C = 80 + 0.80Y and autonomous investment (I) = 120, Match List-I with List-II | List-I | List-II | |---|---| | (A) Equilibrium level of income | (I) 400 | | (B) Break-even point | (II) 120 | | (C) Investment multiplier | (III) 5 | | (D) Value of savings at equilibrium | (IV) 1000 | Choose the correct answer from the options given below:

In which of the following method the flow is measured as the sum total of all factor payments?

Arrange the following central bank reserve rates in their descending rates. (A) Cash Reserve Ratio (B) Repo Rate. (C) Reverse Repo Rate. (D) Statutory Liquidity Ratio. Choose the correct answer from the options given below:

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

There are two firms in an economy. Firm A gives Rs. 20 to the workers as wages, and keeps the remaining 30 as its profits. Similarly, firm B gives 60 as wages and keeps 90 as profits. Calculate GDP? 1. Rs. 200 2. Rs. 120 3. Rs. 50 4. Rs. 150

The purchase of war tanks by Indian government from Russia will be classified as

Match List-I with List-II | List-I | List-II | |---|---| | (A) $M_1$ | (I) $M_1$ + Net time deposits of commercial banks | | (B) $M_3$ | (II) Assets - Liabilities | | (C) Net Worth | (III) 1/CRR | | (D) Money Multiplier | (IV) Currency + Demand Deposit | Choose the correct answer from the options given below:

Arrange the given case study considering this process of ex-ante to ex-post investment. (A) At the end of the year, his inventory goes up by Rs 70 only (B) Due to an unforeseen upsurge in demand for his goods in the market, the volume of sales exceeds (C) The producer plans to add Rs 100 worth of goods to his stock by the end of the year, which is his planned investment (D) To meet this extra demand, he has to sell goods worth Rs 30 from his stock Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Effective demand | (I) National Income | | (B) Say's law of markets | (II) Aggregate demand exceeds aggregate supply at full employment | | (C) Inflationary gap | (III) Supply creates its own demand | | (D) Aggregate supply | (IV) Aggregate demand at equilibrium level | Choose the correct answer from the options given below:

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?

What is the role of official reserve account?

_____________ is the minimum level of consumption done at zero income level and is independent of income.

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.

Put the alternatives given below in the sequence in which they occur to reach the equilibrium level of out put given that aggregate demand falls short of aggregate supply. (A) In this case, the firm has to run down existing inventories, which will lead to a fall in production and hence income. (B) Stocks will be piling up in the warehouses, causing unintended accumulation of inventories. (C) Ex- ante demand for final goods falls short of the output of final goods that the producers have planned to produce in a given year. (D) process continues till Ex- ante demand for final goods equals to ex -ante output of final goods Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Assets | (I) Create Credit | | (B) Liabilities | (II) Firm Owes to others | | (C) Central Bank | (III) Control Credit | | (D) Commercial Banks | (IV) Firm can Claim from others | Choose the correct answer from the options given below:

The General Theory of Employment, Interest and Money was published in......... and by ............. 1. 2025, Adam Smith. 2. 1935, John Maynard Keynes. 3. 1936, John Maynard Keynes. 4. 1932, David Ricardo.

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

If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations: (A) Change in consumption. (B) Multiplier Effect. (C) Substitute Effect. (D) Change in Investment. Choose the correct answer from the options given below: