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The part of the quota that can be withdrawn from IMF without any interest is called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