1.Which of the following macro-economic variable is a ‘flow variable’?
2. Consider the following statements about different types of goods. 1. Public goods are non-excludable but rival. 2. Club goods are available to all but can be easily restricted from being consumed. Which of the above statement(s) is/are correct?
3.Which of the following correctly describes the situation of a ‘liquidity trap’ in an economy?
4.‘Crowding out effect in economy’ is sometimes seen in news. Which of the following statements about it are correct? 1. This occurs when government borrowings substantially dominate the overall market borrowings. 2. This may lead to an interest rate reduction for the private borrowers. 3. This phenomenon is usually observed during times of economic crisis. Select the correct answer using the code given below.
5.Which of the following statements correctly describes the ‘Dutch disease’ phenomenon in an economy?
6.Consider the following statements about the ‘opportunity cost’. 1. It represents the potential benefits misses out by a person when choosing one alternative over another. 2. If a commodity is provided for free to the public by the Government, then the opportunity cost for the government is zero. Which of the above statement(s) is/are correct?
7.‘Tobin tax’ sometimes seen in news is?
8.Consider the following statements about ‘bonds’. 1. These are important equity instruments to mobilize finances. 2. Inflation-linked bonds are a type of floating-rate bonds. 3. A zero-coupon bond gives only the face value amount on maturity. Which of the above statements are correct?
9.Which of the following theory is not associated with macroeconomics?
10.Which of the following cases come under the purview of microeconomics? 1. Google’s decision to open a new regional office in India 2. Studying decline in the demand for Apple smartphones. 3. Analyzing the impact of Atmanirbhar Bharat Abhiyan on India’s GDP. 4. Assessing the impact of labour shortage on the price of a product. 5. Projections about future demand for 5G technology smartphones. 6. Understanding the impact of Covid-19 on global supply chains. Select the correct answer using the code given below.
