Macro PYQ — Page 8

The Reserve Bank of India (RBI) __________ government securities in a bid to ________ the stock of money in the economy.

Match List-I with List-II | List-I | List-II | | --- | --- | | (A) Cash Reserve Ratio (CRR) | (I) Central Bank of the Country | | (B) Statutory Liquidity Ratio (SLR). | (II) The interest rate at which the money lent by Central Bank | | (C) Lender of last resort. | (III) Percentage of deposits which must kept as cash reserves with the Central bank. | | (D) Repo Rate | (IV) Reserves in liquid form in the short term | Choose the correct answer from the options given below:

Which of the following are components of aggregate demand? (A) Autonomous Investment (B) Autonomous Consumption (C) Induced investment (D) Induced consumption Choose the correct answer from the options given below:

Identify which of the following is not considered as 'Normal Resident' of India?

Which of the following makes GDP an inappropriate index of welfare? (A) Distribution of GDP. (B) Externalities. (C) Non-monetary exchanges. (D) Price Index. Choose the correct answer from the options given below:

Which combination among the following represents a Geopolitical challenge in the economy. A. Rise in inflation due to war and other natural calamities. B. Fluctuation in economic benchmarks due to unstable government. C. Impacting Balance of Payment due to economic sanctions on a country. D. Failure of a firm led to a reduction in profit making. 1. (A), (C) and (D) only 2. (A), (B), (C) and (D) 3. (A), (B) and (C) only 4. (A) and (D) only

Which of the following is not a monetary measure adopted by Reserve Bank of India?

Arrange the steps to calculate Net National Product at market Price by Income Method. (A) Identify and add factor Income (Rent, wages, interest and profit). (B) Add Net factor income from abroad. (C) Add Net Indirect Taxes. (D) Add mixed income of self-employed. Choose the correct answer from the options given below:

Identify which of the following statements is incorrect with reference to an economy?

When the aggregate output is determined solely by the level of aggregate demand. Then what it called?

At the equilibrium point when C=100+0.5 Y and I= 200, saving will be........................

The aggregate demand function shows the total demand for goods and services at each level of income. The graphical representation of the aggregate demand function will have which of the following features? (A) It can be obtained by vertically adding the consumption and investment function. (B) It is parallel to the consumption function i.e., they have the same slope c. (C) It shows ex post demand. (D) It shows ex ante demand. Choose the correct answer from the options given below:

When autonomous investment increases, the aggregate demand curve shifts?

From the following which product has been kept out from the GST ambit?

The sales of bread have increased from 10 units to 15 units. Suppose the government imposed a unit tax of Rs. 5 on current production, then the total tax that the firm must pay to the government is?

Currency notes and coins are called:

Match List-I with List-II | List-I | List-II | | --- | --- | | (A) Gross Domestic Product at Market Price | (I) NDPMP - Net Product Taxes - Net Production Taxes | | (B) Net Domestic Product at Factor Cost | (II) GVA at basic prices - Net Production Taxes | | (C) GVA(Gross Value Added) at factor cost | (III) C+I+G+(X-M) | | (D) Gross National Product at Factor Cost | (IV) GNPMP - Net Product Taxes - Net Production Taxes | Choose the correct answer from the options given below:

The current account is the record of trade in goods and services and transfer payments. Arrange the following components in terms of service. (A). Current account. (B). Net factor income + Net Non-factor income. (C). Net investment income + Net income from compensation of employees. (D). Trade in services. Choose the correct answer from the options given below:

Arrange the following steps of calculation of National income in sequence. (A) Deduction of intermediate cost (B) Estimation of value of output (C) Add net factor income from abroad (D) Deduction of depreciation and NIT Choose the correct answer from the options given below:

The range of value of investment multiplier is always between _________ and _________.

The measurement of Balance of Payments deficit is based on ___________ transactions.

Match List-I with List-II | List-I | List-II | |---|---| | (A) Bank Rate | (I) Securities are pledged in order to repurchase. | | (B) Open Market Operations | (II) Minimum rate at which funds are provided for long term. | | (C) Repo Rate | (III) Buying and selling of bonds issued by the government in open market. | | (D) Reverse Repo Rate | (IV) Central bank borrows funds from commercial banks. | Choose the correct answer from the options given below:

Kavish went to the supermarket with ₹5000 in his wallet to buy groceries for his family. He purchased vegetables, fruits and other household items, paying the respective prices at the counter. Which functions of money were being demonstrated in this real life scenario? (A) Unit of Labour. (B) Store of Value. (C) Medium of Exchange. (D) Measure of Creditworthiness. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Annual financial statement | (I) Create liabilities or reduce financial assets. | | (B) Capital receipts | (II) Trade surplus. | | (C) Capital expenditure | (III) Main budget document. | | (D) Export > Import | (IV) Create financial assets or reduce liabilities. | Choose the correct answer from the options given below: