Inflation & Stabilization Policies [AP (Advanced Placement) Macroeconomics]: Questions 1 - 4 of 78

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Question 1

Inflation & Stabilization Policies

Appeared in Year: 2014 (NET)

Question

MCQ▾

The crowding out effect is zero when (June)

Choices

Choice (5)Response

a.

IS curve is falling and LM curve is rising

b.

Money demand is perfectly interest inelastic, or investment is perfectly interest elastic

c.

There is liquidity trap, or investment is perfectly interest inelastic

d.

All of the above

e.

Question does not provide sufficient data or is vague

Question 2

Inflation & Stabilization Policies

Appeared in Year: 2014 (NET)

Question

MCQ▾

Which of the following tax is within the jurisdiction of Union or Central Government as enumerated in List – I of Schedule VII of the India Constitution? (June)

Choices

Choice (5)Response

a.

Taxes on luxuries, including entertainments.

b.

Taxes on goods and passengers carried by road.

c.

Taxes on Sales and purchase of newspapers and on advertisement therein.

d.

Taxes on the consumption and sale of electricity.

e.

All of the above

Question 3

Inflation & Stabilization Policies

Appeared in Year: 2017 (NET)

Question

MCQ▾

RBI can print currency notes up to the value of:

Choices

Choice (5)Response

a.

10,000

b.

5,000

c.

1,000

d.

25,000

e.

None of the above

Question 4

Inflation & Stabilization Policies

Appeared in Year: 2013 (NET)

Question

MCQ▾

A spot Foreign Exchange Transaction refers to (December)

Choices

Choice (5)Response

a.

The purchase or sale of foreign exchange for delivery within two business days.

b.

The sale of foreign exchange for delivery.

c.

The purchase of foreign exchange for delivery.

d.

All of the above

e.

None of the above

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