IAS 2000 — Economy
Economics Economy questions from IAS 2000.
Other Years
7 Economy Questions from 2000
Economic liberalisation in India started with
The upper part of the graph is a hypothetical movement in the BSE Sensex over a few months and the lower part is the fluctuation in the average value of automobile shares in the same period (actual values not given). Which one of the following inferences can be drawn from the graphs ?
A rise in ‘SENSEX’ means
Gilt-edged market means
In an open economy, the national income (Y) of the economy is: (C, I, G, X, M stand for Consumption, Investment, Govt. Expenditure, total exports and total imports respectively.)
Match List I with List II and select the correct answer using the codes given below the Lists: List I | List II I. Boom | A) Business activity at high level with increasing income, output and employment at macro level II. Recession | B) Gradual fall of income, output and employment with business activity in a low gear III. Depression | C) Unprecedented level of under employment and unemployment, drastic fall in income, output and employment IV. Recovery | D) Steady rise in the general level of prices, income, output and employment Codes:
Consider the following statements: The Indian rupee is fully convertible 1. in respect of Current Account of Balance of Payment. 2. in respect of Capital Account of Balance of Payment. 3. into gold. Which of these statements is/are correct?