List of practice Questions

Which of the following is not a revenue receipt?
The expenditure which does not create assets for the government is called
Which of the following is not an indirect tax?
Market price is related to
Devaluation is the process in which
What is the primary objective of monetary policy in India?
Which of the following statements is true?
Loans offered by commercial banks are
How can the central bank increase the availability of credit?
The part of LRR (Legal reserve ratio) kept by the banks with themselves is called
The rate at which the central bank lends money to commercial banks for immediate cash requirements is called
What are those goods with negative income effect and positive price effect called?
Who has made first attempt of National Income Accounting?
Which of the following statements about classical theory of employment is correct?
If \( P_e \) is the equilibrium price and \( P_m \) is the market price, when will the situation of excess supply arise?
On what does the demand for money for speculative purpose depend?
What will be the marginal propensity to save (MPS) if marginal propensity to consume (MPC) is 0.7?
Which monetary policy is adopted to control inflationary gap?
Which of the following statements is/are correct?
Differentiated product is a characteristic of
What is/are the component(s) of aggregate demand in an open economy?
In the Keynesian economy, the condition of deficient demand is called by which of the following names?
Which of the following statements is correct?
What effect does a price rise have on the demand for 'Giffen' goods?
Which of the following is the correct formula to calculate marginal cost?