1.If the real GDP of an economy doubled in a particular year along with significant inflation in the prices. Then the GDP deflator for that year is
2.Consider the following statements 1. National Income is the Net National Product at basic prices. 2. It does not include indirect taxes and subsidies. Which of the statements given above is/are correct?
3.Which of the following are the conditions based on which a base year is chosen? 1. It should be as far as possible to the current year. 2. Availability of data on a reliable basis 3. It should not be an exceptional year with large fluctuations 4. Inflation rate must be less than 5%. Select the correct answer using the codes given below:
4.To more accurately reflect true patterns in economic activity, we measure and compare the economic growth of a quarter of a particular year with same quarter in the previous year. This is called as
5.Consider the following statements about The System of National Accounts,2008 1. It is the international statistical standard for national accounts, adopted by the United Nations Statistical Commission. 2. It is entirely voluntary for the countries to adhere it. 3. India adopted and follows it. Which of the statements given above is/are correct?
6.With reference to macroeconomic indicators, which of the following statements is not correct?
7.Consider the following statements about National Statistical Office 1. It is established on the recommendations of the Rangarajan Commission in 2016. 2. Its mandate is to evolve policies, priorities and standards in statistical matters. 3. It is headed by the Chief Statistician of India. Which of the statements given above are correct?
8.Which of the following are not components of Human Development Index? 1. Life expectancy at birth 2. Mean Years of Schooling 3. Infant Mortality rate 4. Gross National Income Per Capita 5. Expected Years of Schooling Select the correct answer using the codes given below:
9.The market based exchange rate of a currency is generally influenced by which of the following factors? 1. Exports and imports 2. Growth rate of the economy 3. Forex reserves 4. Dependence of the economy on global supplies, 5. Trade policies of a country Select the correct answer using the codes given below:
10.Which of the following macroeconomic tools is devised using ‘a basket of goods’ approach?
