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Who is known as the father of modern macroeconomics?
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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 |
What is the 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 shows fiscal 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 |
What will be the primary 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 a non-tax revenue for the government?
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______ may be defined as the measure of the extent of demographic participation in social and political decision-making.
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Give some examples of liberty indicators.
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State the importance of 'liberty indicator'.
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Distinguish between 'Fixed Investment' and 'Inventory Investment'.
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Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments.
Reason (R): Autonomous transactions are determined by the difference in the Balance of Payments.
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______ acts as a measure of 'the extent of democratic participation in social and political decision-making.'
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On the basis of the given data:
| Some Selected Indicators of Human Development, 2017-2019 | |||
| Item | India | China | Pakistan |
| Human Development Index (Value) | 0.645 | 0.761 | 0.557 |
| Rank (based on HDI) | 130 | 87 | 154 |
| Life Expectancy at Birth (years) | 69.7 | 76.9 | 67.3 |
| Mean years of Schooling (% aged 15 and above) |
6.5 | 8.1 | 5.2 |
| Gross National Income per capita (PPP US$) | 6681 | 16.057 | 5005 |
| Percentage of people living Below Poverty Line (National) | 21.9* | 1.7** | 24.3* |
| Infant Mortality Rate (per 1000 live births) |
29.9 | 7.4 | 57.2 |
| Maternal Mortality Rate (per 1 lakh births) |
133 | 29 | 140 |
| Population using at least basic Sanitation (%) | 60 | 75 | 60 |
| Population using at least basic drinking Water Source (%) | 93 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 37.6 |
- Identify one income indicator and one health indicator, each.
- Compare India and China on the basis of any one of the indicator identified above in part (i)
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‘Current account deficit in an economy must be financed by a corresponding capital account surplus’.
Do you agree with the given statement? Give valid reason(s) in support of your answer.
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‘Under the Ayushmaan Bharat Scheme, the Government provides free medicines to the economically backward section of the society’.
Identify and discuss the nature of the government expenditure indicated in the given statement.
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'Deficit' in Balance of payment (BOP) refers to the excess of ______.
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Distinguish between Autonomous transactions and Accommodating transactions.
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State with valid reason whether the following statement is true or false:
Rising population is not the cause for quality of human capital formation.
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Suppose, Country X, has more inflation than Country Y. Which of the following is most likely situation to happen in such a case, assuming other factors being constant?
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Explain the meaning of Budget set
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Give the equation of Budget Line.
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