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1201.

Which of the following is a part of the revenue expenditure in the Indian Government budget?

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Which of the following is a part of the revenue expenditure in the Indian Government budget?


1202.

The demand for money which arises from not wanting to invest in stocks and bonds fearing capital loss is called:

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The demand for money which arises from not wanting to invest in stocks and bonds fearing capital loss is called:


1203.

Development of Human resource can be done by

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Development of Human resource can be done by


1204.

The government had set up a Central Pollution Control Board (CPCB) in the year ___ .

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The government had set up a Central Pollution Control Board (CPCB) in the year ___ .


1205.

To reduce the liquidity in the market, RBI can perform which of the following operations? i. Increase policy rate ii. Increase cash reserve requirements iii. Increase the statutory liquidity ratio

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To reduce the liquidity in the market, RBI can perform which of the following operations?

i. Increase policy rate
ii. Increase cash reserve requirements
iii. Increase the statutory liquidity ratio


1206.

A problem which hampers human capital formation is:

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A problem which hampers human capital formation is:


1207.

Which of the following is not an element of final consumption expenditure?

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Which of the following is not an element of final consumption expenditure?


1208.

Explain the concepts of Real GDP and Nominal GDP, using a suitable numerical example.

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Explain the concepts of Real GDP and Nominal GDP, using a suitable numerical example.

1209.

The following is the Receipts and Payments Account of 'Vikas Club' for the year ended on 31st March, 2017 : ReceiptsRs PaymentsRs Balance b/d4,400Salaries44,000Subscription :Furniture (Purchased on 2015-20161,500 1st Jan 2017)10,000 2016-201796,000Sports Expenses11,000 2017-2018500Drama Expenses18,400Entrance Fees8,000Newspapers2,500Sports Fund15,000Municipal Taxes3,600Sale of drama tickets24,000Refreshments32,200Sale of waste paper150Lighting and Heating6,000Interest on Investments1,350Medicines Purchased4,000Balance c/d19,200¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,50,900––––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,50,900–––––––––– Prepare Income and Expenditure A/c for the year ended 31st March, 2017 and the Balance Sheet as at that date, after taking the following information into account : (i) The club has 200 members each paying an annual subscription of Rs 500 and the subscription of two members is still in arrear for 2015 - 2016. (ii) Stock of medicines on 31st March, 2017 was Rs 1,000. (iii) Salaries are paid Rs 4,000 per month. (iv) The other assets on 1st April, 2016 were : Furniture Rs 40,000 and 9% Investments Rs 18,000 (Face value Rs 20,000). (v) Depreciate furniture at 10% p.a. and provide upto date interest on investments.

Answer»

The following is the Receipts and Payments Account of 'Vikas Club' for the year ended on 31st March, 2017 :

ReceiptsRs PaymentsRs Balance b/d4,400Salaries44,000Subscription :Furniture (Purchased on 2015-20161,500 1st Jan 2017)10,000 2016-201796,000Sports Expenses11,000 2017-2018500Drama Expenses18,400Entrance Fees8,000Newspapers2,500Sports Fund15,000Municipal Taxes3,600Sale of drama tickets24,000Refreshments32,200Sale of waste paper150Lighting and Heating6,000Interest on Investments1,350Medicines Purchased4,000Balance c/d19,200¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,50,900––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,50,900––––––––

Prepare Income and Expenditure A/c for the year ended 31st March, 2017 and the Balance Sheet as at that date, after taking the following information into account :

(i) The club has 200 members each paying an annual subscription of Rs 500 and the subscription of two members is still in arrear for 2015 - 2016.

(ii) Stock of medicines on 31st March, 2017 was Rs 1,000.

(iii) Salaries are paid Rs 4,000 per month.

(iv) The other assets on 1st April, 2016 were : Furniture Rs 40,000 and 9% Investments Rs 18,000 (Face value Rs 20,000).

(v) Depreciate furniture at 10% p.a. and provide upto date interest on investments.

1210.

Open Market Operations (OMO) deals with

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Open Market Operations (OMO) deals with


1211.

Explain the significance of the "Store of Value" function of money.

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Explain the significance of the "Store of Value" function of money.

1212.

The stock of 'skill and expertise' of a nation at a point of time is known as:

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The stock of 'skill and expertise' of a nation at a point of time is known as:


1213.

Basis of the difference between the concepts of Market Price and Factor Cost is:

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Basis of the difference between the concepts of Market Price and Factor Cost is:


1214.

If a country produces 1 lakh rupees worth of goods and 3 lakh rupees worth of services in 2018, and the assets used to produce those goods and services are depreciated by 50,000 rupees, then NNP is equal to ____ rupees

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If a country produces 1 lakh rupees worth of goods and 3 lakh rupees worth of services in 2018, and the assets used to produce those goods and services are depreciated by 50,000 rupees, then NNP is equal to ____ rupees


1215.

What does revenue deficit imply?

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What does revenue deficit imply?

1216.

Under which system was gold taken as the common unit of parity between currencies of different countries in circulation?

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Under which system was gold taken as the common unit of parity between currencies of different countries in circulation?


1217.

From the following data about an economy, calculate its equilibrium level of income: (i) Autonomous Consumption = 400 (ii) Marginal Propensity to Consume = 0.5 (iii) Investment = 4000

Answer»

From the following data about an economy, calculate its equilibrium level of income:

(i) Autonomous Consumption = 400
(ii) Marginal Propensity to Consume = 0.5
(iii) Investment = 4000

1218.

The Gini coefficient is a measure of

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The Gini coefficient is a measure of


1219.

Which of the following is the main fund of the government?

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Which of the following is the main fund of the government?


1220.

Explain the functions of banks.

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Explain the functions of banks.

1221.

Power cuts happen because ________

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Power cuts happen because ________


1222.

33% of India's Gross Domestic Product comes from

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33% of India's Gross Domestic Product comes from


1223.

Q2. Consider the following statements Basel III norms: 1. The Basel III norms stipulated a capital to risk-weighted assets of 8%. 2. Indian scheduled commercial banks are required to maintain a CAR of 9% while Indian public sector banks are emphasized to maintain a CAR of 12%. Select the correct answer using the codes given:

Answer»

Q2. Consider the following statements Basel III norms:

1. The Basel III norms stipulated a capital to risk-weighted assets of 8%.

2. Indian scheduled commercial banks are required to maintain a CAR of 9% while Indian public sector banks are emphasized to maintain a CAR of 12%.

Select the correct answer using the codes given:


1224.

The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the ___ .

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The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the ___ .


1225.

Is it correct that when margins are raised, demand for loans is negatively impacted?

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Is it correct that when margins are raised, demand for loans is negatively impacted?

1226.

Hydroelectricity accounts for what percentage of India's commercial energy use?

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Hydroelectricity accounts for what percentage of India's commercial energy use?


1227.

If income increases from 3,000 to 4,000, and autonomous investment increases by 200, the MPC should be

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If income increases from 3,000 to 4,000, and autonomous investment increases by 200, the MPC should be


1228.

If MPC = MPS, the value of multiplier will be:

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If MPC = MPS, the value of multiplier will be:


1229.

Why did RBI have to change its role from controller to facilitator of financial sector in India?

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Why did RBI have to change its role from controller to facilitator of financial sector in India?

1230.

Discuss the causes behind the failure of poverty alleviation programmes.

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Discuss the causes behind the failure of poverty alleviation programmes.

1231.

UNDP has identified two categories of poverty. Briefly explain those categories.

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UNDP has identified two categories of poverty. Briefly explain those categories.

1232.

Based on Table 1, the balance on the current account is: Table 1 Exports of goods and services1000Imports of goods and services800Net change in assets owned abroad500Net change in foreign owned assets at home400Unilateral transfers received100Unilateral transfers paid200Investment income paid to foreigners300Investment income received from foreigners400

Answer»

Based on Table 1, the balance on the current account is:

Table 1

Exports of goods and services1000Imports of goods and services800Net change in assets owned abroad500Net change in foreign owned assets at home400Unilateral transfers received100Unilateral transfers paid200Investment income paid to foreigners300Investment income received from foreigners400


1233.

Vegetables used by the households are examples of :

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Vegetables used by the households are examples of :


1234.

Which of the following are the objectives of government budget?

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Which of the following are the objectives of government budget?


1235.

Who among the following can be called chronic poor?

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Who among the following can be called chronic poor?


1236.

We suppose that: C = 70 + 0.70YD, I = 90, G = 100, T = 0.10Y (i) Find the equilibrium income. (ii) What are the tax revenues at equilibrium income? Does the government have a balanced budget?

Answer»

We suppose that:

C = 70 + 0.70YD, I = 90, G = 100, T = 0.10Y

(i) Find the equilibrium income.

(ii) What are the tax revenues at equilibrium income? Does the government have a balanced budget?

1237.

What is the difference between money and currency?

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What is the difference between money and currency?

1238.

The number that is obtained after 30% increase of 70 is

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The number that is obtained after 30% increase of 70 is


1239.

Which of the following qualitative methods check the hoarding of essential commodities?

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Which of the following qualitative methods check the hoarding of essential commodities?


1240.

Acting as a ___ house, the central bank ensures that accounts are settled and reduces the amount of labour and time involved.

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Acting as a ___ house, the central bank ensures that accounts are settled and reduces the amount of labour and time involved.


1241.

What are the major components of economic environment?

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What are the major components of economic environment?

1242.

How do industries help to strengthen the economy of a country?

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How do industries help to strengthen the economy of a country?

1243.

(a) What causes disequilibrium in BOP? (b) Why is flexible exchange rate better than fixed exchange rate system?

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(a) What causes disequilibrium in BOP?

(b) Why is flexible exchange rate better than fixed exchange rate system?

1244.

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

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What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

1245.

Bring out the differences between human capital and human development.

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Bring out the differences between human capital and human development.

1246.

Which one leads to Factor Cost?

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Which one leads to Factor Cost?


1247.

The increase in the ___will increase the cost of borrowing and lending of the banks.

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The increase in the ___will increase the cost of borrowing and lending of the banks.


1248.

Demand for money balances is called ___ .

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Demand for money balances is called ___ .

1249.

Chipko movement was started to conserve ___ .

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Chipko movement was started to conserve ___ .


1250.

Which of the following bodies deals with general trade between countries?

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Which of the following bodies deals with general trade between countries?