Macroeconomics for CUB ATM

According to IMF's latest projections, what is India's estimated real output growth for FY 2023-24?

• 7.2%

• 5.9%

• 4.2%

• 9.6%

Fill in the blanks: GDP is the _________ value of all ________ goods and services produced within a country in a year.

• market, final

• production, saleable

• input, intermediate

• dollar, exportable

Which of the following sectors has the highest contribution in the GDP of India?

• Agriculture

• Construction

• Manufacturing

• Financial Services & Professional Services

According to the Reserve Bank of India, what is the tolerance limit for inflation in India based on Consumer Price Index?

• 0% to 4%

• 2% to 6%

• 1% to 5%

• 3% to 5%

Which of the following deficits indicate the borrowing requirements of the government?

• Revenue Deficit

• Primary Deficit

• Fiscal Deficit

• Effective Revenue Deficit

Currently, the upper bound ceiling and the lower bound for the Liquidity Adjustment (LAF) Corridor are:

• MSF and SDF respectively

• SDF and MSF respectively

• Repo and Reverse Repo respectively

• Reverse Repo and Repo rate respectively

Fill in the blanks: If the Rupee/US Dollar exchange rate goes from Rs. 85 per USD to Rs 80 per USD, then the Indian Rupee has ______ and the US Dollar has ______

• appreciated, depreciated

• depreciated, appreciated

• appreciated, appreciated

• depreciated, depreciated

External Trade in intangible services and software is recorded under which account in Balance of Payments in India?

• Trade Account

• Capital Account

• Invisible Account

• Financial Account

How do policymakers usually respond to a crisis such as the Global Financial Crisis of 2008 and the COVID-19 crisis of 2020-2021 so that the economy can recover from it?

• Increase Money Supply through reduction in interest rate

• Reduce Money Supply through increase in interest rate

• Increase Money Supply through increase in interest rate

• Reduce Money Supply through reduction in interest rate

Higher Non-Performing Assets in a branch can possibly be an indicator of:

• lower amounts of loan disbursals in past

• omitted credit risk

• increase in future loan disbursals

• efficient management practices