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If Rs. 150 are required to buy $ 2, instead of Rs. 100 earlier, then ______.
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The operation of daily nature in the foreign exchange market is known as ______.
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The operation of future delivery in the foreign exchange market is known as ______.
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Spot market is that market where in ______.
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Forward market is that market which ______.
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In how many sectors is the occupational structure of India is divided?
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The level of unemployment among educated youth is the highest.
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Which of the following is not an indicator of education level?
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Occupational structure refers to ____________.
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| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is the formula for revenue deficit?
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| S. No. | Content | Rs (in crores) |
| 1. | Revenue Expenditure | 100 |
| 2. | Capital Receipts | 40 |
| 3. | Net Borrowings | 38 |
| 4. | Net Interest Payments | 27 |
| 5. | Tax Revenue | 50 |
| 6. | Non-tax Revenue | 15 |
Which of the following is MOST LIKELY to be the main contributor to the fiscal deficit in this case?
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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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