Macro PYQ — Page 34

Strategic transfer of ownership of Air India will lead to:

Rs.60000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by the government is an example of:

'Rs. 48,000 cr is allotted for PM Awas Yojana in this years budget'. Identify the government objective fulfilled from the statement above.

Raising the value of country's currency under fixed exchange rate system is :

Public Goods are always :

PM Gati Shakti- National master plan for multi-modal connectivity is an example of:

Pick out the incorrect one :

Percent is excluded from GST four tier formation

Owing to the current political instability across many countries, the Indian rupee has sharply lost its value in terms of US dollars. The impact of this would be : (A) A rise in imports from USA (B) A fall in imports from USA (C) A rise in exports to USA (D) A fall in exports to USA Choose the correct answer from the options given below :

Match List With List II | List I Description in Budget speech | List II Figures in per cent | | --- | --- | | A. Projected Fiscal Deficit in 2022-23. | I. (-16.67%) | | B. States Fiscal deficit in 2022-23. | II. 6.4% of GDP | | C. Change in dis-investment proceedings in FY 2022-23. | III. 35.4% | | D. Change in Capex target in FY 2022-23. | IV. Upto 4% of GDP | Choose the correct answer from the options given below:

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:

Match List I with List II | LIST I (National income terminology) | LIST II (Known as) | |---|---| | A. Income generated by own account workers | I. Nominal national income | | B. National income at current prices | II. Corporate tax | | C. Component of profit | III. Change in stock | | D. Closing stock-opening stock | IV. Mixed income of self employed | Choose the correct answer from the options given below:

Match List I with List II | LIST I (Concept under Theory of Income determination) | LIST II (Meaning) | |---|---| | A. Saving < Investment | I. When AD<AS | | B. $\frac{1}{1-mpc}$ | II. Under employment equilibrium | | C. National income will fall | III. Planned inventory would fall below the desired level | | D. AD=AS at a point less than full employment | IV. Multiplier | Choose the correct answer from the options given below:

Match List - I with List - II. | List - I (Concept) | List - II (Meaning) | |---|---| | (A) Trade surplus | (I) Excess of the payments for import of goods over the receipts for export of goods | | (B) Devaluation of currency | (II) Excess of exports of goods over the imports of goods | | (C) Trade deficit | (III) Fall in the external value of a domestic currency as notified by the government of the country | | (D) Balance of trade | (IV) Difference between the value of exports and value of imports of goods of a country | Choose the correct answer from the options given below :

Match List - I with List - II. | List - I (Budgetary Terms) | List - II (Accounting Head) | | --- | --- | | (A) Interest Payments | (I) Revenue Receipts | | (B) Grants-in-aid received | (II) Capital Expenditure | | (C) Borrowings and other liabilities | (III) Revenue Expenditure | | (D) Construction of flyover | (IV) Capital Receipts | Choose the correct answer from the options given below :

Match List - I with List - II. | List - I (Financial Terms) | List - II (Examples) | | --- | --- | | (A) Monetary Base | (I) Loans extended by banks | | (B) Assets | (II) Reserve Bank of India | | (C) Liabilities | (III) Currency | | (D) Credit control | (IV) Deposits accepted by the banks | Choose the correct answer from the options given below :

Match List - I with List - II. | List - I | List - II | |---|---| | (A) MPC (Marginal Propensity to Consume) | (I) $\frac{\Delta Y}{\Delta I}$ | | (B) MPS (Marginal Propensity to Save) | (II) $\frac{\Delta C}{\Delta Y}$ | | (C) K (Multiplier) | (III) C + I | | (D) AD (Aggregate Demand) | (IV) $\frac{\Delta S}{\Delta Y}$ | Choose the correct answer from the options given below :

Match **List - I** with **List - II**. | List - I (Banking) | List - II (Function) | |---|---| | (A) Commercial Bank | (I) Long term lending rate by RBI | | (B) Reserve Bank of India | (II) Short term lending rate by RBI | | (C) Bank Rate | (III) Credit creation | | (D) Repo Rate | (IV) Lender of last resort | Choose the **correct** answer from the options given below :

Match **List - I** with **List - II**. | List - I (Transactions) | List - II (Heads) | |---|---| | (A) Loans extended by the Indian Government to the Sri Lankan Government | (I) Revenue Receipts | | (B) Expenditure by the Government on Covid Vaccines | (II) Capital Receipts | | (C) Dividend received by the Government on shares bought by it | (III) Capital Expenditure | | (D) Public Provident Fund held by Public | (IV) Revenue Expenditure | Choose the **correct** answer from the options given below :

Marginal propensity to save in zero when.

Items under 5% tax slab includes

_____ is included in the government budget as a capital receipt.

Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account.

In India currency notes are issued by _______.