LIVE NCERT MCQ-MACRO-2022-23

Multiple Select

WELCOME TO M'SMART ACADEMY ? ARE YOU READY FOR THE QUIZ

• YES

• NO

Multiple Choice

Which of the following will not  be included while estimating Private Final Consumption Expenditure

• Change in Stock

• .  Consumption Expenditure made by Households

• Final Consumption Expenditure made by Private Non-Profit Institution Serving Households

• None

Multiple Choice

There is ____ relation between LRR & Money Multiplier

• Inverse

• Direct

• No Relation

• None

Multiple Choice

There is ____ relation between Investment Multiplier & MPS

• Inverse

• Direct

• No Relation

• None

Multiple Choice

A rising price level may ____ the purchasing power of money

• Erode

• Increase

• No change

• None

Multiple Choice

The difference between the Interest Charged by the Bank on Loans & Interest Paid by Bank on Deposits is known as ______-

• Margin Requirements

• Spread

• CRR

• SLR

Multiple Choice

Deposits accepted by the Banks are considered as ____ for them

• Asset

• Income

• Expenses

• Liability

Multiple Choice

An increase in Repo Rate will ______

• Increase the money supply

• Reduce the money supply

• No change in teh money supply

• None

Multiple Choice

GST is an example of _______

• Tax Revenue receipts

• Capital receipts

• Non tax revenue receipts

• Revenue Expenditure

Multiple Choice

Which of the following is a Capital Receipts

• Dividend received by the government

• Purchase of Assets

• Disinvestment

• Taxes Received by the Government

Multiple Choice

In case of Inflation what action should the Central Bank take to control it?

• Reduce the Repo rate

• Sale of Government Securities in Open Market

• Purchase of Government Securities in Open Market

• Reduce the Margin Requirements

Multiple Choice

The intervention of the Government whether to expand demand or reduce it constitutes the _____ of Government Budget

• Stabilization Function

• Allocation Function

• Redistribution Function

• None

Multiple Choice

Repayment of Loan to World Bank by the Government of India is an example of _____

• Capital Receipts

• Revenue Receipts

• Capital Expenditure

• Revenue Expenditure

Multiple Choice

If entire amount of Borrowings for current year are used by the Government in repaying the Interest amount of previous borrowings then ___

• Revenue Deficit will be 0

• Primary Deficit will be 0

• Fiscal Deficit will be 0

• None

Multiple Choice

What will be the impact of Depreciation of Indian Currency (Domestic Currency) against US Dollar on India's Exports?

• Decrease

• Increase

• No Change

• Dont Know

Multiple Choice

What will be the impact of Appreciation of Indian Currency (Domestic Currency) against US Dollar on US's Exports to India?

• Decrease

• Increase

• No Change

• Dont Know

Multiple Choice

Which of the following is incorrect statement

• APC can be 0

• APS can be 0

• MPC can be 0

• All of the above

• None of the above

Multiple Choice

Can MPC be greater than 1?

• Yes

• No

• May be

• Dont Know

Multiple Choice

According to Psychological LAw of Consumption, as the income increases, the consumption also ______

• increase In the same proportion

• Increase but not in the same proportion

• Decreases In the same proportion

• Decreases but not in the same proportion

Multiple Choice

If there is unexpected increase in the sales then there will be___

• planned Accumulation of Inventories

• Unplanned Accumulation of Inventories

• planned Decumulation of Inventories

• Unplanned Decumulation of Inventories

Multiple Choice

Change in stock is equal to _______

• Production - Sales

• Value Added + Intermediate Goods - Sale

• Closing Stock - Opening STOCK

• All of the above