Macro PYQ — Page 9

Which of the following statements is true? If exchange rate changes from $1 = ₹85 to $1 = ₹90 (A) Imports will fall. (B) Imports will rise. (C) Exports will rise. (D) National income will rise. Choose the correct answer from the options given below:

When was the most recent demonetization undertaken by the government of India?

In order to arrive Gross Primary Deficit what should be deducted from Gross Fiscal deficit? 1. Borrowing from abroad 2. Net factor income from abroad 3. Net Interest liabilities. 4. Transfers payments

Which of the following are the functions of Government Budget? (A) Restriction. (B) Allocation. (C) Redistribution. (D) Stabilisation. Choose the correct answer from the options given below:

When nominal Gross Domestic Product is ₹840 crorer and price index is 120, then the Real Gross Domestic Product will be:

When an individual buys foreign goods, this spending is known as .....

Arrange the following events in chronological order according to time period. (A) The Economic Consequences of the Peace. (B) An Enquiry into the Nature and Cause of the Wealth of Nations. (C) The Great Depression. (D) General Theory of Employment, Interest and Money. Choose the correct answer from the options given below:

If India's current account balance is $-58$ million and the capital account balance is $62.5$ million. What will be the errors and omissions to have an overall balance in balance of payments?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Capital formation | (I) Intermediate good | | (B) Money Supply | (II) Final good | | (C) Television purchased by a household | (III) Flow | | (D) Steel supply for car manufacturing | (IV) Stock | Choose the correct answer from the options given below:

Suppose an initial cash deposit of INR 100 crores has been made in a commercial bank where a total credit of INR 500 crores has been created in the economy. The required reserve ratio in this country is.............

When income increases and due to increase in income the demand for foreign goods increases then in this scenario what impact does economy face on foreign exchange rate ?

The ratio of nominal to real GDP refer to which economic concept?

If output equilibrium is less than the full employment level, then this condition is known as:

There is no leakage from the system then, in which form the entire income of the economy comes back to the producers?

The value of elements of the balance of payments are given as: Exports: $150$ million Imports: $240$ million Invisibles: $52$ million Non-factor Services: $30$ million Transfers: $32$ million What is the current account balance?

Which of the following best defines 'Unilateral Transfers' in the context of international transactions?

Arrange the following statement in the context of the effect of an autonomous change in aggregate demand on income and output. (A) When autonomous investment increases, the aggregate demand shifts in parallel upwards. (B) Equilibrium level of income depends on aggregate demand. (C) Excess demand emerges in the economy. (D) The output will be greater than the original output. Choose the correct answer from the options given below:

Match List-I with List-II | List–I | List–II | | ---------------------------------- | ----------- | | (A) Marginal propensity to consume | (I) ΔS/ΔY | | (B) Marginal propensity to save | (II) ΔC/ΔY | | (C) Average propensity to consume | (III) S / Y | | (D) Average propensity to save | (IV) C / Y | Choose the correct answer from the options given below:

Which of the following are stock variable(s)? (A) Population (B) Capital formation (C) Number of students in a school (D) Change in inventories Choose the correct answer from the options given below:

In an imaginary economy, the planned spending falls short of planned output at a certain level of employment. Arrange the following consequences of the same in sequential order. (A) Unintended accumulation of inventories. (B) The employment level falls. (C) The output and income fall and the equilibrium is restored. (D) Producers plan to produce less in the next period. Choose the correct answer from the options given below:

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

A hypothetical economy tends to save only 25% of its additional income. How much additional income would be generated by it if the investment is increased by 50 crores?

Balance of Payments of an economy records.

______ level of income is that level of income where all the factors of production are fully employed in the production process.