AP (Advanced Placement) Macroeconomics: Questions 250 - 253 of 750

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Question 250

Appeared in Year: 2016 (NET)

Question

MCQ▾

Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?

I. Curtailment of the fiscal deficit.

II. Inflation anchor at four percent.

III. Providing adequate liquidity in the money and capital market.

IV. Pegging the exchange value of Indian Currency.

Select the answer from the code below: (Paper III)

Choices

Choice (5)Response

a.

I, II and IV

b.

III and IV

c.

II and IV

d.

I, II and III

e.

None of the above

Question 251

Appeared in Year: 2016 (NET)

Question

MCQ▾

A cartel aims at maximizing (Paper II)

Choices

Choice (5)Response

a.

goodwill of the members

b.

share of output of members

c.

industry profits

d.

individual profits

e.

Question does not provide sufficient data or is vague

Question 252

Appeared in Year: 2015 (NET)

Question

MCQ▾
Diagram of IC Curve

In the above diagram, if curve IC represents income- consumption curve, then it means that: (June)

Choices

Choice (5)Response

a.

Only A is an inferior good

b.

A and B are inferior goods

c.

A is a normal good

d.

Only B is an inferior good

e.

Question does not provide sufficient data or is vague

Question 253

Appeared in Year: 2015 (NET)

Question

MCQ▾

Which one of the following taxes is within the jurisdiction of state governments as enumerated in List ii of the Indian constitution? (December)

Choices

Choice (5)Response

a.

Rate of stamp duty in respect of certain financial documents

b.

Taxes on railway freights and fares

c.

Taxes on mineral rights subject to any limitation imposed by the parliament

d.

Taxes other than stamp duties on transactions in stock exchanges and future markets

e.

None of the above

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