CUET UG Economics — Macro previous year questions with solutions.
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 :
Match List - I with List - II. | | List - I | | List - II | |---|---|---|---| | (A) | Value of output | (I) | Sales + Change in stock | | (B) | Operating surplus | (II) | Sales + Change in stock - Intermediate consumption | | (C) | Profit | (III) | Rent + Interest + Royalty + Profit | | (D) | Value added | (IV) | Corporation tax + Undistributed profit + Dividend | Choose the correct answer from the options given below :
Decrease in value of domestic currency to foreign currency in fixed exchange rate system is called :
Capital Account of balance of payment includes : (A) Export and Import of goods (B) Receipt of loans from abroad (C) Purchase of shares in foreign countries (D) Current transfers from Abroad (E) Repayment of International loans Choose the correct answer from the options given below :
Interest paid on loan taken from IMF will be recorded in ________ side of ________ account.
The transactions which are determined by the gap in the balance of payments, whether a deficit or surplus is called :
To establish a parity in taxation in the country and extend the principles of 'value added taxation' to all goods and service a tax is introduced. The name of the tax is :
Which of the following is not true regarding Goods and Services Tax (GST) ?
GST (Goods and Service Tax) is mainly consumption based tax with a one main principle which is:
Which of the following products have been kept out of GST for the time being but with passage of time it will get subsumed in GST ?
On which products Government of India levies two types of taxes, one is GST and the other one is Central Excise Duty ?
Net Indirect tax refers to :
If we deduct depreciation from $GNP_{mp}$ the measure of aggregate income that we obtain is called :
A fall in the bank rate __________ the money supply.
Which deficit includes only such transactions that affect the current income and expenditure of the government ?
__________ is a revenue receipt of the Government.
Match List - I with List - II. List - I | List - II (A) Indirect Tax | (I) GDP of India (B) Stock | (II) Corporate Tax (C) Flow | (III) Goods and Service Tax (D) Direct Tax | (IV) Natural Wealth of an Economy Choose the correct answer from the options given below :
Profits obtained by a foreign firm's branch in India will be recorded on which side and in which account of balance of payment.
Which of the following is a part of Domestic product of India ? (A) Gifts given by employer to his employees (B) Profits earned by branches of country's bank in other countries (C) Profits earned by foreign companies in India (D) Purchase of goods by foreign tourists Choose the correct answer from the options given below :
Identify the correct option. Full form of 'ITC' in Indian Tax Context.
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 :
The shape of supply curve of foreign exchange is :
__________ refer to the benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalised).
Calculate the total deposits made by commercial banks when the primary deposit is Rs. 20 Crores and cash reserve ratio is 20%. Choose the correct option.