The correct order of events is:
1. (B) Production of foodgrains
2. (A) Procurement of foodgrains by the Food Corporation of India
3. (D) Minimum support prices for foodgrains are decided
4. (C) Distribution of foodgrains through fair price shops
Thus, the correct order is (B), (A), (D), (C). Hence, the correct answer is (d).
List-I(Economic Concepts) | List-II(Description) | ||
---|---|---|---|
A | Kuznets Curve | I | Describes the relationship be tween currency depreciation and current account balance |
B | Fisher Effect | II | Describes the relationship between autonomous investment and output |
C | J Curve Effect | III | Describes the relationship between income and inequality |
D | Multiplier Effect | IV | Describes the relationship between expected inflation rate and interest rate |
List-I(Characteristics) | List-II(Stages) | ||
---|---|---|---|
A | High Birth Rate and High Death Rate | I | Stage I |
B | Low Birth Rate and High Death Rate | II | Stage II |
C | High Birth Rate and Low Death Rate | III | Stage III |
D | Low Birth Rate and Low Death Rate | IV | Not a part of this model |
List-I | List-II | ||
---|---|---|---|
A | Fiscal Deficit | I | Import minus export of goods and services. |
B | Primary Deficit | II | Revenue expenditure minus revenue receipt. |
C | Revenue Deficit | III | Fiscal deficit minus interest payment. |
D | Current Account Deficit | IV | Capital expenditure plus revenue deficit. |
List-I(Statistical Concepts) | List-II(Description) | ||
---|---|---|---|
A | Power of a test | I | 1- probability of making type II error |
B | Multicollinearity | II | Where the sample mean differs from the population mean |
C | Biased estimator | III | Correlation between explanatory variables in a regres sion |
D | White noise error | IV | Errors with zero mean and constant standard deviation |