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1651.

Suppose it takes 1.25 yen to buy a rupee, and the price level in Japan is 3 and the price level in India is 1.2. Calculate the real exchange rate between India and Japan.

Answer»

Suppose it takes 1.25 yen to buy a rupee, and the price level in Japan is 3 and the price level in India is 1.2. Calculate the real exchange rate between India and Japan.

1652.

Which one of the following statements appropriately describes the “fiscal stimulus”?

Answer»

Which one of the following statements appropriately describes the “fiscal stimulus”?


1653.

Find (a) fiscal deficit, and (b) primary deficit from the following: Items (Rs in crore) Revenue expenditure = 70,000 Borrowings = 15,000 Revenue receipts = 50,000 Interest payments = 25% of revenue deficit.

Answer»

Find (a) fiscal deficit, and (b) primary deficit from the following:

Items (Rs in crore)

Revenue expenditure = 70,000

Borrowings = 15,000

Revenue receipts = 50,000

Interest payments = 25% of revenue deficit.

1654.

Explain different sources of credit in rural areas.

Answer»

Explain different sources of credit in rural areas.

1655.

Which of the following programs is not related to improvement of the food and nutritional status of the poor?

Answer»

Which of the following programs is not related to improvement of the food and nutritional status of the poor?


1656.

Can there be a fiscal deficit without a revenue deficit?

Answer»

Can there be a fiscal deficit without a revenue deficit?

1657.

(a) Why is demand curve of foreign exchange negatively sloped? (b) Why is supply curve of foreign exchange positively sloped?

Answer»

(a) Why is demand curve of foreign exchange negatively sloped?

(b) Why is supply curve of foreign exchange positively sloped?

1658.

A car running between Delhi and Agra at a speed of 120 km/h includes:

Answer»

A car running between Delhi and Agra at a speed of 120 km/h includes:


1659.

Which of the following is an example of normal residents of India?

Answer»

Which of the following is an example of normal residents of India?


1660.

The prices of essential an vegetable (potatoes) are rising. What can be done by the Government in the budget for social welfare?

Answer»

The prices of essential an vegetable (potatoes) are rising. What can be done by the Government in the budget for social welfare?

1661.

Find incremental investment when equilibrium GDP increases by Rs 50,000 and half of additional income is always saved in the economy.

Answer»

Find incremental investment when equilibrium GDP increases by Rs 50,000 and half of additional income is always saved in the economy.


1662.

Value derived by adding earning to or from foreign in our GDP is known as ___

Answer» Value derived by adding earning to or from foreign in our GDP is known as ___
1663.

Borrowings belong to:

Answer»

Borrowings belong to:


1664.

Suppose a TV was manufactured 5 years ago in 2013, and it had a market value of 50,000. However, demand for TVs was very low and so it was left unsold. Now, in 2018, it is sold for a market price of 80,000. What amount is added to the GDP of the economy in 2018 with respect to this single TV?

Answer»

Suppose a TV was manufactured 5 years ago in 2013, and it had a market value of 50,000. However, demand for TVs was very low and so it was left unsold.

Now, in 2018, it is sold for a market price of 80,000. What amount is added to the GDP of the economy in 2018 with respect to this single TV?


1665.

Explain how health and expenditure on information are a source of human capital formation.

Answer»

Explain how health and expenditure on information are a source of human capital formation.

1666.

A progressive tax is one which:

Answer»

A progressive tax is one which:


1667.

Explain how do 'operations' by the central bank affect money creation by commercial banks.

Answer»

Explain how do 'operations' by the central bank affect money creation by commercial banks.


    1668.

    Consider the following statements about different short–term liquidity management measures taken by RBI: Codes :

    Answer»

    Consider the following statements about different short–term liquidity management measures taken by RBI:

    Codes :


    1669.

    Q41.Consider the following statements: 1. Phillips Curve is representation of the relationship between tax rates and tax revenue collected by governments. 2. Laffer curve is a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy Which of the above statement(s) is/are correct?

    Answer»

    Q41.Consider the following statements:

    1. Phillips Curve is representation of the relationship between tax rates and tax revenue collected by governments.

    2. Laffer curve is a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy

    Which of the above statement(s) is/are correct?


    1670.

    Differentiate between 'method' and 'budget' as types of plans.

    Answer»

    Differentiate between 'method' and 'budget' as types of plans.

    1671.

    In a government budget, if revenue receipts = Rs. 100 lakh, capital receipts = Rs. 50 lakh and revenue deficit = Rs. 25 lakh, how much is the revenue expenditure?

    Answer»

    In a government budget, if revenue receipts = Rs. 100 lakh, capital receipts = Rs. 50 lakh and revenue deficit = Rs. 25 lakh, how much is the revenue expenditure?

    1672.

    "China performed better than India". Comment.

    Answer»

    "China performed better than India". Comment.

    1673.

    Savings are:

    Answer»

    Savings are:


    1674.

    Given C = 400 + 0.9Y and I = 4,000, find : (i) equilibrium Y, (ii) S and C at equilibrium Y.

    Answer»

    Given C = 400 + 0.9Y and I = 4,000, find : (i) equilibrium Y, (ii) S and C at equilibrium Y.

    1675.

    Read the sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as the answer. (Ignore the errors of punctuations, if any). Attributing the rise in inflation partly to withholding of food stocks by traders, / the minister said that / he was committed / to easing this supply side bottleneck.

    Answer» Read the sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as the answer. (Ignore the errors of punctuations, if any).

    Attributing the rise in inflation partly to withholding of food stocks by traders, / the minister said that / he was committed / to easing this supply side bottleneck.
    1676.

    From the following data, find out Personal Disposal Income. ItemsRs in crores(i) Corporation tax 34(ii) Miscellaneous receipts of the goverment 12(iii) Undistributed profits of corporations 4(iv) Direct taxes 44(v) Private Income2,748

    Answer»

    From the following data, find out Personal Disposal Income.

    ItemsRs in crores(i) Corporation tax 34(ii) Miscellaneous receipts of the goverment 12(iii) Undistributed profits of corporations 4(iv) Direct taxes 44(v) Private Income2,748

    1677.

    Mention the various indicators of human development.

    Answer»

    Mention the various indicators of human development.

    1678.

    Which of the following functions of a central bank may potentially conflict with its monetary policy role? 1. Supervisor of the banking system. 2. Banker to the banking system 3. Manager of the national debt. 4. Banker to the government. 5. Issuer of currency.

    Answer»

    Which of the following functions of a central bank may potentially conflict with its monetary policy role?

    1. Supervisor of the banking system.

    2. Banker to the banking system

    3. Manager of the national debt.

    4. Banker to the government.

    5. Issuer of currency.


    1679.

    Corporate India has opened its purse strings to shareholders with interim dividends and bonus shares. At least 60 companies have declared an interim dividend or announced plans to do so in the first weeks of January. Also, around 12 companies have announced bonus share issues this month, about three times more than January 2006. There is a range of things that a company can do for maximising shareholder value, and the dividend is the most direct and simple form of it. Ideally, companies need to balance the value of the stock for total shareholder returns. This trend of dividends and bonuses is in synchronisation with the good profits being posted by companies. It is a way of rewarding shareholders. Many companies have also announced plans of bonus shares for their shareholders. Most of the companies who have already declared bonus issues or announced that they would be taking it up in their next board meeting are small or mid-sized companies. What factors are considered while taking this decision?

    Answer»

    Corporate India has opened its purse strings to shareholders with interim dividends and bonus shares. At least 60 companies have declared an interim dividend or announced plans to do so in the first weeks of January. Also, around 12 companies have announced bonus share issues this month, about three times more than January 2006.

    There is a range of things that a company can do for maximising shareholder value, and the dividend is the most direct and simple form of it. Ideally, companies need to balance the value of the stock for total shareholder returns.

    This trend of dividends and bonuses is in synchronisation with the good profits being posted by companies. It is a way of rewarding shareholders. Many companies have also announced plans of bonus shares for their shareholders. Most of the companies who have already declared bonus issues or announced that they would be taking it up in their next board meeting are small or mid-sized companies.

    What factors are considered while taking this decision?

    1680.

    Find Fiscal Deficit from the information given below: Items (Rs in lakh) (i) Borrowing by the government 600 (ii) Revenue receipts 100 (iii) Capital receipts 750 (iv) Interest payment 150

    Answer»

    Find Fiscal Deficit from the information given below:

    Items (Rs in lakh)

    (i) Borrowing by the government 600

    (ii) Revenue receipts 100

    (iii) Capital receipts 750

    (iv) Interest payment 150


    1681.

    Who is a worker?

    Answer»

    Who is a worker?

    1682.

    A. We have constructed it from unfortunate habits of thought about how to handle spiralling public debt. B. With much of the global economy apparently trapped in a long and painful austerity-induced slump, it is time to admit that the trap is entirely of our own making. C. People developed these habits on the basis of the experiences of their families and friends: when in debt trouble, one must cut spending and pass through a period of austerity until the burden (debt relative to income) is reduced. D. It seems like common sense - even moral virtue – to respond this way. E. That means no meals out for a while, no new cars and no new clothes.

    Answer»

    A. We have constructed it from unfortunate habits of thought about how to handle spiralling public debt.
    B. With much of the global economy apparently trapped in a long and painful austerity-induced slump, it is time to admit that the trap is entirely of our own making.
    C. People developed these habits on the basis of the experiences of their families and friends: when in debt trouble, one must cut spending and pass through a period of austerity until the burden (debt relative to income) is reduced.
    D. It seems like common sense - even moral virtue – to respond this way.
    E. That means no meals out for a while, no new cars and no new clothes.

    1683.

    Calculate the value of total output from the following data. Ignore units. Value of output in primary sector800Value of output in secondary sector200Value of output in tertiary sector300Value of raw materials purchased by primary sector400Value of raw materials purchased by secondary sector100Value of raw materials purchased by tertiary sector50

    Answer»

    Calculate the value of total output from the following data. Ignore units.

    Value of output in primary sector800Value of output in secondary sector200Value of output in tertiary sector300Value of raw materials purchased by primary sector400Value of raw materials purchased by secondary sector100Value of raw materials purchased by tertiary sector50


    1684.

    Which sectors did the Washington Consensus say spending must be shifted to?

    Answer»

    Which sectors did the Washington Consensus say spending must be shifted to?


    1685.

    Money acts as the

    Answer»

    Money acts as the


    1686.

    Domestic product is equal to

    Answer»

    Domestic product is equal to


    1687.

    Food processor used by households in their kitchen is an example of :

    Answer»

    Food processor used by households in their kitchen is an example of :


    1688.

    Is government budget a statement of government receipts and expenditure over the past year?

    Answer»

    Is government budget a statement of government receipts and expenditure over the past year?

    1689.

    Income is an example of:

    Answer»

    Income is an example of:


    1690.

    Commercial banks create money by way of:

    Answer»

    Commercial banks create money by way of:


    1691.

    Which system of land settlement put the farmer's interests first and benefitted the farmers?

    Answer»

    Which system of land settlement put the farmer's interests first and benefitted the farmers?


    1692.

    In 1999, FEMA replaced a previous reform policy. Which one was it?

    Answer»

    In 1999, FEMA replaced a previous reform policy. Which one was it?


    1693.

    Why is there a need for a government budget?

    Answer»

    Why is there a need for a government budget?

    1694.

    Which of the following is not the instrument of credit control?

    Answer»

    Which of the following is not the instrument of credit control?


    1695.

    Supply of foreign currency depends upon:

    Answer»

    Supply of foreign currency depends upon:


    1696.

    How are bilateral trade agreements different from multilateral trade agreements? Who facilitates these agreements?

    Answer»

    How are bilateral trade agreements different from multilateral trade agreements? Who facilitates these agreements?

    1697.

    Do you think outsourcing is good for India? Why are developed countries opposing it?

    Answer»

    Do you think outsourcing is good for India? Why are developed countries opposing it?

    1698.

    Name two items each relating to Current Account BoP and Capital Account BoP.

    Answer»

    Name two items each relating to Current Account BoP and Capital Account BoP.

    1699.

    Companies pay Corporate Tax on their:

    Answer»

    Companies pay Corporate Tax on their:


    1700.

    Explain briefly the meaning of economic reforms. What are the main economic reforms?

    Answer»

    Explain briefly the meaning of economic reforms. What are the main economic reforms?