Macro PYQ — Page 4

A decrease in autonomous spending causes aggregate output of final goods to .................... through the multiplier process.

Given a cash reserve ratio of 20 percent, reserves of Rs 100 create deposits of ___________?

Identify the major sectors in the domestic economy.

Arrange the following statements related to foreign exchange market (fixed exchange rate) in correct sequence. (A) RBI intervenes to purchase the dollars for rupees in the foreign exchange market in order to absorb this excess supply. (B) The government will fix a higher exchange rate by making the rupee cheaper for foreigners. (C) Supply of dollars exceeds the demand for dollars. (D) The Indian government wants to encourage exports. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) GDP_MP | (I) NNP_FC + NIT | | (B) GDP_FC | (II) NNP_MP - NIT | | (C) NNP_MP | (III) GDP_FC + NIT | | (D) NNP_FC | (IV) GDP_MP - NIT | Choose the correct answer from the options given below:

Among the following, which features are correct with regard to Revenue receipts. (A) Receipts that are redeemable. (B) Recurring receipts that do not lead to a claim on the government. (C) Receipts from different taxes. (D) Receipts that take into account the effects of tax proposals made in the finance bill. Choose the correct answer from the options given below:

Nation Income – Undistributed profits – Net interest payments made by households – Corporate tax + Transfer payments to the households from the government and firms, is ______

"General Theory of Employment, Interest and Money" by John Maynard Keynes was written in?

Which of the following study the aggregate effects of the forces of demand and supply in the markets?

Who among the following is called as the founding father of modern economics.

Which of the following represents the borrowing requirements of the government for the purposes other than interest payments?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Non-monetary exchanges | (I) Can be positive or negative | | (B) Externalities | (II) Price Index | | (C) Per capita income | (III) Domestic services by housewives | | (D) GDP deflator | (IV) Total income/Population | Choose the correct answer from the options given below:

Deficient demand is said to exist in the economy when-

Which of the following statements is true about public goods? (A) Public goods are non rival in nature. (B) Public goods are non-excludable in nature. (C) Public goods may be produced by the government or the private sector. (D) Public goods and public production can be used interchangeably. Choose the correct answer from the options given below:

If the entire additional income is saved in an economy, the value of investment multiplier will be

The RBI can influence money supply by changing the rate at which it gives long term loans to the commercial banks. This rate is called?

Arrange the following in chronological order, starting from the earliest. (A) Publishing of 'An inquiry into the Nature and Cause of the Wealth of Nations'. (B) The Great Depression. (C) Publishing of 'The Economic consequences of the Peace'. (D) Publishing of 'General Theory of Employment, Interest and Money'. Choose the correct answer from the options given below:

A country whose aggregate demand grows faster than the rest of the world's normally finds its currency______.

In an economy, the consumption curve and saving curve are parallel to each other. What will be the value of investment multiplier in this economy?

Addition to the stock of physical capital and changes in the inventory of a producer is known as: 1. Asset Appreciation. 2. Consumption. 3. Stock. 4. Investment.

Addition to the stock of physical capital and changes in the inventory of a producer is known as .......

Which of the following are features of fiscal policy? (A) Taxes and government spending are tools of fiscal policy. (B) It is implemented by the central bank. (C) It influences aggregate demand. (D) It involves adjustments in public debt. Choose the correct answer from the options given below:

The government can change the distribution of income and bring about a distribution that is considered 'fair' by society. This policy decision is called ........

Identify the tax imposed by the government that do not depend on income.