Macro PYQ — Page 32

From the following data calculate net domestic product at factor cost. | S.No. | Item | Rs. crore | |-------|------|-----------| | (i) | Depreciation | 20 | | (ii) | Gross National Products at factor cost | 1000 | | (iii) | Net factor income from abroad | 30 | | (iv) | Net indirect taxes | 10 |

When autonomous receipts are less than autonomous payments. The balance of payments is in :

A __________ account deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

RBI can influence money supply by changing the Bank rate. An increase in Bank rate can be termed as :

Aggregate demand for final goods doesn't include.

In India coins are issued by _______.

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

In India currency notes are issued by _______.

Items under 5% tax slab includes

Cess on the luxury and sin goods benefitted.

If the reserve ratio is 10% and the initial deposit with the commercial banks are Rs. 450 cr, the total money creation by the banking system will be :

Choose the correct sequence to arrive at $NNP_{FC}$ using value added method. (A) $GDP_{MP}$ - Depreciation (B) $NDP_{MP}$ - Net Indirect Taxes (C) Value of output - Intermediate cost (D) Domestic income + Net factor income from abroad Choose the correct answer from the options given below :

GDPMP will be equal to GDPFC if

Match List I with List II | List I - Foreign Exchange Rate | List II - Derived Meaning | | --- | --- | | A. Fixed exchange rate | I. Mixture of fixed and flexible exchange rate system. | | B. Floating exchange rate | II. Determined by government. | | C. Managed floating | III. Expectation of gain from appreciation of the currency | | D. Speculation | IV. Determined by market forces of demand and supply of forex | Choose the correct answer from the options given below:

Which of the following is not a component of current account:

A change in the exchange rate of the Indian rupee and the British Pound from Rs.95 for a pound to Rs.100 for a pound will mean:

Which of the following will be included in national income, while using the income method to calculate the same:- (Choose the correct option)

What is the value of real GDP if nominal GDP is Rs.3300 crores and GDP deflator is 150.

Which of the following explains the concept of depreciation: A. An annual allowance for wear and tear of a capital good. B. The capital good gradually used up in each year's production process. C. Cost of replacement of a capital good due to an accident. D. Fall in the value of fixed asset due to unexpected change in technology. E. Cost of the good divided by number of years of its useful life. Choose the correct answer from the options given below:

If the value NVA_FC is Rs.200 crores, intermediate consumption is Rs.100 crores and depreciation is given as Rs.40 crores, what will be the value of GVA_FC?

Identify the correct statements about the externalities as a limitation of GDP and welfare. A. GDP as measured does not include external production of goods. B. Inverse relationship between negative externality and welfare. C. No relation between GDP and welfare. D. Economic activities have both positive and negative externalities. E. Producers are rewarded with profit for positive externalities Choose the correct answer from the options given below :

Coal used by a steel factory during the accounting year is a:

Suppose a TV manufacturing unit wants to raise its inventories from 1000 units to 2000 units during the year. Expecting sale of 5000 units during the year, the firm produces 5000+1000= 6000 TV sets. Actual sale for the firm are 5000 TV sets during the year. This is an example of:

What will be the amount of initial reserves if Cash Reserve Ratio (CRR) is 20 % and total credit creation is Rs 500?