Macro PYQ — Page 36

Which of the following components, is NOT a part of compensation of employees, while estimating national income ?

Deposits which are payable on demand are called _______.

Assume that in an economy increased consumption is equal to increased saving, how many times will the national income increase in such an economy with an increase in investment?

Which of the following is included in the estimation of National Income ?

Which of the following is true about the aggregate demand curve in the short run; Choose the correct option:

Identify Indirect Tax among the following :

Identify the correct statements regarding money supply (A) Money supply is a stock concept. (B) Money supply is a flow concept. (C) Money supply is the currency (cash and coins) with the public and demand deposit in banks. (D) Money supply is the currency held with banks. (E) Money supply is the concept of real flow. Choose the correct answer from the options given below :

Identify the correct statement from the following: A. Consumption curve starts from the origin B. The sum of APC and APS is equal to 1 C. Aggregate demand and market demand mean the same D. The value of MPC and MPS varies between 0 and 1 E. At breakeven point saving is zero Choose the correct answer from the options given below:

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 :

Identify the correct statement from the following: A. The Household's investing is not considered to be the cost of building a residence B. Net factor revenue from overseas includes money from Exports C. The sum of factor incomes equals the net value added D. The assessment of national income takes into account the market value of both final and intermediate items E. Profit earned by non-resident company in India is a part of domestic income of India Choose the correct answer from the options given below:

What would be the value of investment multiplier if MPC = MPS ?

Identify direct taxes from the following : (A) Goods and Services Tax (B) Corporate Tax (C) Capital Gains Tax (D) Value Added Tax Choose the correct answer from the options given below :

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

Arrange the following statements relating to appreciation of domestic currency in the correct sequence. (A) The demand curve for foreign exchange shifts to the right of the original demand curve (B) Due to some reason the exchange rate falls to 1$ = Rs. 70 (C) The initial exchange rate is 1$ = Rs. 75 (D) This increase the demand for foreign goods and services by Indians Choose the correct answer from the options given below :

Which out of the following are intermediate goods ? (A) Milk purchased by a household (B) Sugar purchased by a restaurant (C) Furniture purchased by school (D) Chalk and duster purchased by school (E) Printer purchased by a lawyer 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 :

If the ratio between MPC and MPS is 4:1, the value of investment multiplier will be:

A producer plans to add Rs.200 worth of goods to her stock by the end of the year. However due to an unexpected fall in the demand for her goods she adds Rs.250 worth of goods. Her ex-ante investment was____ and ex post investment was____

If a Country's real GDP is $\overline{\mathbf{\tau}}$ 400 crores and its nominal GDP is $\overline{\mathbf{\tau}}$ 1000 crores, its GDP deflator is : (Choose the correct alternative).

Identify the correct statements from the following: A. Currency is issued by the nation's Central Bank B. To address the budget deficit, Central Bank sends money to the government C. The economy's foreign exchange reserves are preserved by Central Bank D. Central Bank does not control money supply and credit through monetary policy E. Central Bank gives loans to the commercial Banks for short term Choose the correct answer from the options given below :

The size of investment multiplier (k) depends on:-

Actual aggregate demand's gap from that needed to achieve full employment equilibrium is referred to as:

Strategic transfer of ownership of Air India will lead to:

Economic variables such as 'National Income' and 'profits' can be classified under which of the following heads ?