Please select a subject first
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Compare the trends depicted in the figures given below:
| Figure 1: Trends in Fiscal deficit and Primary deficit |
Figure 2: Fiscal deficit as a percent of Budget estimate |
 |
 |
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How good is the system of G.S.T as compared to the old tax system?
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On the basis of the given information, calculate the value of:
- Fiscal deficit
- Primary deficit
| S.No. | Items | 2021-22 (₹ in crore) |
| (i) | Revenue Receipts | 20 |
| (ii) | Capital Expenditure | 15 |
| (iii) | Revenue Deficit | 10 |
| (iv) | Non-debt creating capital receipts | 50% of revenue receipts |
| (v) | Interest Payments | 4 |
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“The pre-independent India’s occupational structure experienced growing regional variation.”
Justify the above statement with valid explanation.
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Identify the correct reason(s) that may affect the demand for foreign exchange in an economy.
- Imports of visibles
- Exports of invisibles
- Remittances by residents working abroad
- Purchase of assets abroad
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Complete the following table:
| Units of Labour | Average Product (Units) | Marginal Product (Units) |
| 1 | 8 | ............. |
| 2 | 10 | ............ |
| 3 | ............ | 10 |
| 4 | 9 | ........... |
| 5 | ............. | 4 |
| 6 | 7 | ............ |
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Complete the following table:
|
Units of Labour |
Average Product (Units) |
Marginal Product (Units) |
|
1 |
16 |
……. |
|
2 |
20 |
…….. |
|
3 |
……. |
20 |
|
4 |
18 |
…….. |
|
5 |
…… |
8 |
|
6 |
14 |
…….. |
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Distinguish between the nominal exchange rate and the real exchange rate. If you were to decide whether to buy domestic goods or foreign goods, which rate would be more relevant? Explain.
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Suppose it takes 1.25 yen to buy a rupee, and the price level in Japan is 3 and the price level in India is 1.2. Calculate the real exchange rate between India and Japan (the price of Japanese goods in terms of Indian goods).
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What is the marginal propensity to import when M = 60 + 0.06Y? What is the relationship between the marginal propensity to import and the aggregate demand function?
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Suppose the exchange rate between the Rupee and the dollar was Rs. 30=1$ in the year 2010. Suppose the prices have doubled in India over 20 years while they have remained fixed in USA. What, according to the purchasing power parity theory will be the exchange rate between dollar and rupee in the year 2030.
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Explain the term ‘infrastructure’.
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Explain the two categories into which infrastructure are divided. How are both interdependent?
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How do infrastructure facilities boost production?
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Infrastructure contributes to the economic development of a country. Do you agree? Explain.
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State the relation between marginal product and average product. Show this relation in a diagram.
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When were the railways Introduced in India?
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According to classical economists, the real wage rate is ______ to the Marginal Productivity of Labour.
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Which of the following statements is not correct with regards to infrastructure?
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Which of the following facilities is included in social infrastructure?
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