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Find the balance on the balance of payments account. Is the overall balance of payments balanced?

$\begin{array}{ccc}\text{Items}& & \text{(Rs in lakhs)}\\ \text{(i) Capital account balance}& & (-)400\\ \text{(ii) Value of imports}& & 150\\ \text{(iii) Value of exports}& & 450\\ \text{(iv) Unilateral transfers}& & 100\\ \text{(v) Balance of visible trade}& & 200\end{array}$

Maximum credit that the commercial banks can legally create depends on their:

Consider the following statements:

1) The 14^th Finance Commission recommended increasing in the share of tax devolution to 42% of total divisible pool from 32% during the 13^th Finance Commission.

2) Cess and Surcharges were not made the part of the divisible pool as it would have brought down the revenue of the Central Government.

3) The 14^th Finance Commission has recommended doing away with ‘post-devolution revenue deficit grants’; which was implemented after the recommendation of 13^th Finance Commission.

Select the correct statement(s):

Which one of the following is a combination of direct taxes?

Write a critical review of the New Economic Policy.

People who are moving in and out of poverty are called:

Explain the role of government expenditure in correcting deficient demand.

Govenment raises its expenditure on producing public goods. Which economic value does it reflect? Explain.

Has India managed to achieve the targeted growth rate of industrial production during the various plans?

Balance of trade is measured as:

In India, coins are issued by:

The government budget of a hypothetical economy presents the following information, which of the following value represents Budgetary Deficit? (all fig. in crores of Rupees).

A. Revenue Expenditure = 25,000

B. Capital Receipts = 30,000

C. Capital Expenditure = 35,000

D. Revenue Receipts = 20,000

E. Interest Payments = 10,000

F. Borrowings = 20,000

Consider the following statements related to various committees formed by government or RBI and choose the incorrect statement(s):-

Codes :

BoP is measured as the:

The most harmful of ultraviolet radiation is ___ .

Which of the following is a non-conventional source of energy?

Give two examples of direct tax.

Suppose we have a dealer who buys movie tickets from the multiplex and sells them outside the theater for a higher price. The first and the second transactions are counted when GDP is calculated. Which of the following statements is true?

Distinguish between private sector enterprises and public sector enterprises.

Victor is able to get work only for two hours in a day. Rest of the day, he is looking for work. Is he unemployed? Why? What kind of jobs could persons like Victor be doing?

How will you know whether a worker is working in the informal sector?

Find fiscal deficit, given the following information:

Items (Rs)

(i) Estimated total expenditure of the government 1,50,000

(ii) Revenue receipts 1,20,000

(iii) Non-debt capital receipts 10,000

Enumerate the problems faced by Indian industries in post independence time.

Could British follow an industrial policy beneficial for Britain as well as India? Explain.

1. Our Prime Minister Narendra Modi is planning to go from India to America and then to France. His secretary told him that he can go to America from India via Japan or, via Germany or, via Greece, and he can go to France from America via England or, via Spain.

But, while returning from France to India, Mr Modi can either come via China or via Italy.

So, can you tell how many different paths are possible for Mr Modi to start from India to America and then to France and finally return to India.

Which of the following is a component of the government budget?

A mobile dealer sells counterfeit models of iPhones. Is this taken into account while calculating GDP?

Distinguish between Trial Balance and Balance-Sheet.

From the following data about a government budget, calculate the revenue deficit.

$\begin{array}{cc}\text{Tax Revenue}& 50\\ \text{Capital Receipts}& 35\\ \text{Non-tax Revenue}& 20\\ \text{Borrowings}& 30\\ \text{Revenue Expenditures}& 80\\ \text{Interest Payments}& 25\end{array}$

Should a current account deficit be a cause for alarm? Explain.

Which of the following is correct order of agricultural practices?

Statements:

Some bangles are bags.

No purse is a bangle.

Conclusions:

I. Some purses are bags.

II. No bag is a purse.

What is the notional demand for a good?

Unemployment refers to

Every financial institution has to maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities. These assets have to be kept in non-cash form such as precious metals, approved securities like bonds etc. The ratio of the liquid assets to time and demand liabilities is termed as _____.

Calculate net investment in India from this data.

$\begin{array}{cc}\text{FDI from China in India}& 1000\\ \text{FPI from India in Brazil}& 600\\ \text{FPI from India in Japan}& 100\\ \text{FDI from India in Japan}& 30\end{array}$

Which of the following is an alternate measure of well-being currently used that incorporates GDP, but does not rely exclusively on income as a measure of well-being?

ICICI is the name of a

The Union Budget shows the

In an annual financial statement, the government receipts are divided into revenue and capital receipts. Which of the following are revenue receipts?

Code:

Why should the producers maintain inventory stocks?

The quantity of energy which when used to construct and drive non-human infrastructure replaces a unit of human labour is called

Explain 'growth with equity' as a planning objective.

The government budget has a revenue deficit. How it can be financed?

The policy reforms through which the dominance of the public sector is reduced is called ___ .

During an unstable period, the values of Dollar, Pound and Euro fluctuated across the week from Monday to Friday. Their values across the week in Indian Rupees (INR) are given in the figure below. Dollar, Pound and Euro are disguised in the table below as X,Y, Z without any order.

A transaction is defined as converting one of these three countries into INR or converting INR into one of these currencies. What is the maximum amount (in INR) a man could have earned by at most 4 transactions over the week if he has INR 22,000 with him to start with on Monday? ___

Which of the following does GBD stand for?

How do you distinguish between old-age pension and retirement pensions in the context of estimation of national income?

Loans raised by the government within or outside the country are known as

Discuss the principal components of Industrial Policy Resolution, 1956.