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問題一覧
1
If PCC curve is downward sloping X and Y are
Normal, Substitute goods
2
X is a normal good and Y is a substitute good. If price of x falls, PCC curve will be
Downward
3
PCC curve when X is normal and Y is complementary good and price of X falls
Upward
4
The curve showing relation between change in income and consumption of a given good
Engel curve
5
The curve showing combinations of two goods at various level of income
ICC Curve
6
ICC will be concave downwards if X will be
luxury good
7
ICC will be convex upwards if X is a
necessary good
8
When PCC curve is horizontal to X axis the elasticity of demand will be
= 1
9
Which of the following curves is for the entire economy
MEI
10
Which of the following regarding MEC and MEI Curve is true
MEC is Flatter, MEI is steeper
11
Which tariff is put on value of the commodity
Ad Valorem
12
Compensatory financing of Musgrave is also known as
Pump priming
13
When IS curve is steeper which policy is more effective
Fiscal
14
When IS curve is flatter which policy is more effective
Monetary
15
When LM curve is flatter which policy is more effective
Fiscal
16
Complete crowding out when LM curve is
Flatter
17
Shocks and stimulants are given under
Critical minimum effort
18
Agriculture price commission was bought in
1965
19
Rejecting Null Hypothesis when it is true
Type 1 error
20
Accepting Null Hypothesis when it is false
Type 2 error
21
Which of the following gives us a positional value
Median
22
Fei Ranis model is an extension of
Lewis model
23
Who publishes REER
RBI
24
Accumulation of commodities in the inventory as demand declines is called
Kitchin cycle
25
Addition lagging fixed investment signal
Juglar cycle
26
Inequality first increases and then decreases
Kuznet cycle
27
Testing of overall significance
F test
28
Testing significance of regression coefficients
T test
29
Normality test is done by
Jarque Bera test
30
Test of independence of attributes
Chi square test
31
In case of multi collinearity
T test will be insignificant
32
Who used accelerator theory to describe trade cycle
Hicks
33
which of the following belong to Chicago school
Monetarist
34
Who gave the theory that transaction demand for money is affected by interest rate
Tobin
35
Reverse cycle in given in whose trade cycle
Hicks
36
Quantity theory of money was first given by
Devon Jetty
37
Theory of money and prices was given by
Keynes
38
Total revenue - Total expenditure
Budget Deficit
39
Total revenue receipts - Total revenue expenditure
Revenue Deficit
40
Budget deficit + Borrowing and other liabilities
Fiscal Deficit
41
Fiscal deficit - Interest payments
Primary Deficit
42
Who gave cobweb theory
Nicholas Kaldor
43
Who gave the theory " Excess of actual investment over desired investment leads to trade cycle"
Hayek
44
Used investment multiplier to show emergence of trade cycle
Kaldor
45
Ecological footprint is associated with
Rees and Wackernagel
46
Who gave the rational expectation model
John Muth
47
When was Stockholm conference on environment was held
June 1972
48
The term bio diversity was first given by
W.G Rosen
49
The amount of output lose when inflation rate is reduced is called
Sacrifice ratio
50
The fiscal deficit Target in 2022 was
6.4
51
Fiscal deficit Target for the year 2023 is
5.9
52
Tax to GDP ratio for the year 2022-23 is
17.7%
53
Imposition of tariff will benefit home country is given by
Stopler Samuelson
54
According to Harrod Domar model
G= MPS/C
55
As per 2022-23 data which country has topped HDI index
Switzerland
56
Tragedy of common by Garret Hardin was given in
1968
57
Total public sector banks in India
12
58
Which component is NOT typically a part of India's foreign exchange reserves?
Domestic government bonds
59
The IMF's Special Drawing Rights (SDRs) are included in India's foreign exchange reserves as:
A liquid asset
60
In the context of India's foreign exchange reserves, what does the term "Hot Money" refer to?
Short-term capital flows that can quickly leave the country
61
What is the primary function of the Currency and Gold Revaluation Account (CGRA) in India's foreign exchange management?
Absorbing exchange rate fluctuations
62
a unique account that tracks the unrealized gains or losses in the value of the gold and foreign exchange assets that the RBI holds
CGRA
63
In the composition of India's foreign exchange reserves, what does the term "Triffin Dilemma" refer to?
The challenge of maintaining global liquidity and national monetary autonomy
64
The "War Chest" in the context of foreign exchange reserves refers to:
Reserves used to counter speculative attacks on the currency
65
The part of the quota that can be withdrawn from IMF without any interest is called
Reserve tranche position
66
Twin deficit in India refers to
Budget deficit and current account deficit
67
In a cross-currency swap, what is the primary reason for exchanging cash flows in different currencies?
To take advantage of interest rate differentials
68
Which factor is NOT a consideration in determining the cost of a currency swap?
Inflation rates
69
NEER represents the:
Average exchange rate of a currency against a basket of other currencies
70
When REER is above 100 it means
Domestic currency is over valued, Domestic producers are not competitive
71
When NEER increases it means
Domestic currency has appreciated
72
What if NEER AND REER decline
Currency has depreciated and exports are cheaper
73
If a country's NEER is appreciating, and its REER is also increasing, what does this suggest?
The currency is becoming less competitive internationally
74
What is used for classification of goods under GST
HSN
75
Which of the following determines long run equilibrium growth in J.R. Hicks trade cycle theory?
Autonomous investment
76
"Trade-Cycle is a purely monetary phenomenon". This statement belongs to
Hautrey
77
In the year 1969 ______ banks were nationalised
14
78
Which is the apex bank for rural development and rural credit
IRBI
79
According to classicals money supply is
exogeneous
80
Which of the following equations regarding fischers's equation of exchange is true
MV=PT, MV+M'V' = PT
81
What does M'V' signify in fischers's equation of exchange
Credit created by commercial banks
82
According to Cambridge theory of demand for money
Money demand determines value of money
83
Which of the following equations is given by marshall
M=KPY
84
What does M in M=KPY signify
currency + demand deposits
85
Which of the following equations is given by Pigou
M=PKR
86
What does 1/p given by Pigou shows
Purchasing power
87
Which of the following equations is given by Robertson
M= KPT
88
A type of stratified sampling in which information is gathered on basis of convenience or judgement
Quota Sampling
89
According to the Quantity Theory of Money, what is the velocity of money?
The ratio of nominal GDP to the money supply
90
Gross Domestic Product at current prices
Nominal GDP
91
Formula of Real GDP
Nominal/Price index
92
What is GDP deflator
(Nominal/Real)×100
93
Which economic theory suggests that individuals make decisions based on maximizing their own utility?
Neoclassical economics
94
In the context of behavioral economics, what is the endowment effect?
The tendency to overvalue items one owns
95
According to the Efficient Market Hypothesis, what is implied about the availability of information in financial markets?
All relevant information is already reflected in asset prices.
96
According to the Mundell-Fleming model, what happens to exchange rates in an open economy when there is an increase in government spending?
Depreciation
97
What is the primary determinant of the long-run economic growth rate, according to the Solow Growth Model?
Technological progress
98
What is the primary purpose of the "Lucas Critique" in macroeconomic policy?
Assessing the impact of supply-side shocks
99
What is the primary focus of the "Principal-Agent Problem" in agency theory?
Aligning the interests of shareholders and managers