Macro PYQ — Page 26

Paradox of Thrift means :

Which of the following is not a function of Central Bank ?

Article 112 deals with :

Nominal Interest Rate =

It is market where economic agents freely exchange their own goods:

Match List I with List II | LIST I | LIST II | | --- | --- | | A. Stocks | I. Expected constant loss in value of a capital | | B. Flows | II. Unexpected destruction of capital | | C. Depreciation | III. Have time dimension | | D. Capital loss | IV. Do not have any time dimension | Choose the correct answer from the options given below:

On which products Government of India levies two types of taxes, one is GST and the other one is Central Excise Duty ?

Calculate the factor income from Abroad from the following. | | | (Rs in core) | | --- | --- | --- | | (a) | NNP at market price | 550 | | (b) | Net Indirect taxes | 30 | | (c) | NVA at factor cost | 540 | | (d) | Factor income to Abroad | 50 |

Repo-Rate is the rate at which RBI lends money to commercial Banks for __________.

If all the depositors, one day come to withdraw all the cash, what would be role played by RBI?

When nation is a borrower from other countries means:

Which of the following are sources of revenue expenditure by the Government ? (A) Repayment of loans (B) Expenditure on Defence services (C) Central assistance for states (D) Interest payments (E) Lending to commercial banks Choose the correct answer from the options given below :

Which of the following statements is true. If exchange rate changes from \$1 = Rs 72 to Rs 81. A. Import will fall B. Import will rise C. Exports will rise D. National Income will rise E. National Income will fall Choose the correct answer from the options given below:

Match List - I with List - II. | | List - I (Curves) | | List - II (Shape) | |---|---|---|---| | (A) | Aggregate demand curve | (I) | Upward sloping line with a positive intercept on y-axis | | (B) | Aggregate supply curve | (II) | Parallel to x axis | | (C) | Autonomous investment curve | (III) | 45 degree line passing through the origin | | (D) | Consumption function | (IV) | Parallel to consumption function | Choose the correct answer from the options given below :

Value Added Method of calculating aggregate annual value of goods and services is also called :

The shape of supply curve of foreign exchange is :

Aggregate demand for final goods doesn't include.

Which of the following will be included in the National Income of India ? (A) Donations given to a religious institution. (B) Payment of Income Tax (C) Scholarship given to students (D) Profits earned by an Indian company from its branch in France (E) Purchase of a television set by a consumer household Choose the correct answer from the options given below :

Given AD = C + I + CY, change in autonomous consumption will lead to : (A) Change in equilibrium level of income (B) Change in aggregate demand (C) Change in Investment (D) Change in aggregate demand and no change in equilibrium level of income (E) Change in marginal propensity to consume Choose the correct answer from the options given below :

To find Gross value added, arrange the following in sequence : (A) Import (B) Export (C) Domestic sales (D) Domestic purchase of Raw material (E) Change in inventories Choose the correct answer from the options given below :

If MPC and MPS are equal, then the value of multiplier is :

GST (Goods and Service Tax) is mainly consumption based tax with a one main principle which is:

Arrange the sequence of events relating to establishment of equilibrium in the economy. (A) This will cause unintended decumulation of inventories (B) This process continues till ex-ante aggregate demand becomes equal to ex-ante aggregate supply (C) The producers will respond by increasing output (D) If ex-ante demand for final goods by firms and households is greater than the output the producers plan to produce in a given year (E) When output increases, both employment and income rise Choose the correct answer from the options given below :

In case of an unexpected fall in turnover of a firm, who is producing a certain commodity. There will a situation of _______________ Choose the correct option.