Read the following statements regarding National Income estimates and select the correct answer using codes given below :
A. Capital gains and losses are included in National Income.
B. Incomes from illegal activities are not included in National Income.
C. Imputed values of the self occupied houses are included in the National Income.
Match List I with List II
Choose the correct answer from the options given below:
Due to Covid - 19, the Reserve Bank of India cut Repo Rate to 4.4%, the lowest in at least, 15 years. Also, it reduced the CRR by 100 basis points. Previously, it was 4%. The RBI Governor, Dr. Shaktikanta Das, predicted a big global recession and said that India will not be immune. It all depends on how India responds to the situation. Aggregate Demand may weaken and core inflation.
Besides reduction in CRR and Repo Rate, what other measures can be taken by the Government of India through budgetary policy to combat recession?
Match List - I with List - II.
Choose the correct answer from the options given below :
Arrange the sequence of events relating to establishment of equilibrium in the economy.
(A) This will cause unintended decumulation of inventories
(B) This process continues till ex-ante aggregate demand becomes equal to ex-ante aggregate supply
(C) The producers will respond by increasing output
(D) If ex-ante demand for final goods by firms and households is greater than the output the producers plan to produce in a given year
(E) When output increases, both employment and income rise
Choose the correct answer from the options given below:
How much percentage of import and export were restricted to be between India and Britain
Following were the main land tenure system prevailing during British colonial period:
Which of the following economist estimated per capita income during colonial period
________ was developed by the British Raj as a means to enlarge the size of market for the British goods
10 % _____ while 18% workforce were engaged in ______ sector
When was the first census data collected during British India
Opening of Suez Canal in ____ significantly reduced the cost f transportation of goods between Britain and India
The estimate given by Dr Rao regarding per capita output was
Largest share of work force which was 72% was engaged in
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