Identify which of the following is {not one of the merits of a fixed exchange rate system:}
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- Ensures stability in exchange rate.
- Possibility of under or overvaluation of foreign currency.
- Prevents speculations in foreign exchange market.
- Coordination of macroeconomic policies becomes convenient.
The Correct Option is B
Solution and Explanation
Top Questions on Money and Inflation
During the British rule, India’s foreign trade had various features except ________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
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The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where _______.
(Choose the correct alternative to fill in the blank):
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Increase in Income: Rs. 1,00,000 crore
Increase in Consumption Expenditure: Rs. 80,000 crore- CBSE CLASS XII - 2024
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China was able to control its rapid population growth rate owing to __________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
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Modernization is an important economic planning objective that focuses on ___________.
(Choose the correct alternative to fill in the blank):
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[(ii)] Equal distribution of income and wealth
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_______ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
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Read the following text carefully: Decisions taken by factors of production in the production process often may affect the stakeholders indirectly. Such impacts at times are huge but are not accounted for, while estimating national income. Economists call them as externalities and they can be positive or negative.} {In this regard, many economists suggest carbon pricing as an important tool to ensure ecological balance. Carbon pricing tries to control greenhouse gas emissions by either placing a fee on emitting or offering subsidies on lesser emission. Through instruments like carbon tax, green cess, eco tax, etc. economists suggest moving towards greener technology eliminating such negative externalities.On the basis of the given text and common understanding, answer the following questions:
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- \[ \begin{array}{|c|l|r|} \hline \textbf{S.No.} & \textbf{Items} & \textbf{Amount (in \( \text{Rs.} \) Crore)} \\ \hline (i) & \text{Tax Receipts} & 1,200 \\ \hline (ii) & \text{Revenue Expenditure} & 3,700 \\ \hline (iii) & \text{Non-Tax Receipts} & 2,000 \\ \hline (iv) & \text{Recovery of Loans} & 145 \\ \hline (v) & \text{Capital Expenditure} & 500 \\ \hline (vi) & \text{Disinvestment} & 120 \\ \hline (vii) & \text{Interest Payments} & 1,070 \\ \hline \end{array} \]
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