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Economics
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Macroeconomics is a study of economics that deals with which 4 major factors ______.

[1] Introduction
Chapter: [1] Introduction
Concept: undefined >> undefined

The expenditure multiplier is the ratio of ______.

[5] Government Budget and the Economy
Chapter: [5] Government Budget and the Economy
Concept: undefined >> undefined

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IS curve represent the combination of ______.

[1] Introduction
Chapter: [1] Introduction
Concept: undefined >> undefined

When we add Net factor income from abroad to GDP, we get:

[6] Employment: Growth, Informalisation and Other Issues
Chapter: [6] Employment: Growth, Informalisation and Other Issues
Concept: undefined >> undefined

Who is known as the father of modern macroeconomics?

[1] Introduction
Chapter: [1] Introduction
Concept: undefined >> undefined

What percent of urban workers are casual labourers?

[6] Employment: Growth, Informalisation and Other Issues
Chapter: [6] Employment: Growth, Informalisation and Other Issues
Concept: undefined >> undefined

Which of the following is a primary sector activity?

[6] Employment: Growth, Informalisation and Other Issues
Chapter: [6] Employment: Growth, Informalisation and Other Issues
Concept: undefined >> undefined

What proportion of the urban workforce is engaged in the secondary sector?

[6] Employment: Growth, Informalisation and Other Issues
Chapter: [6] Employment: Growth, Informalisation and Other Issues
Concept: undefined >> undefined
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?

[5] Government Budget and the Economy
Chapter: [5] Government Budget and the Economy
Concept: undefined >> undefined
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?

[5] Government Budget and the Economy
Chapter: [5] Government Budget and the Economy
Concept: undefined >> undefined
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?

[5] Government Budget and the Economy
Chapter: [5] Government Budget and the Economy
Concept: undefined >> undefined
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?

[5] Government Budget and the Economy
Chapter: [5] Government Budget and the Economy
Concept: undefined >> undefined

______ may be defined as the measure of the extent of demographic participation in social and political decision-making.

[8] Comparative Development Experiences of India and Its Neighbours
Chapter: [8] Comparative Development Experiences of India and Its Neighbours
Concept: undefined >> undefined

Give some examples of liberty indicators.

[8] Comparative Development Experiences of India and Its Neighbours
Chapter: [8] Comparative Development Experiences of India and Its Neighbours
Concept: undefined >> undefined

State the importance of 'liberty indicator'.

[8] Comparative Development Experiences of India and Its Neighbours
Chapter: [8] Comparative Development Experiences of India and Its Neighbours
Concept: undefined >> undefined

Distinguish between 'Fixed Investment' and 'Inventory Investment'.

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

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.

[6] Open Economy Macroeconomics
Chapter: [6] Open Economy Macroeconomics
Concept: undefined >> undefined

______ acts as a measure of 'the extent of democratic participation in social and political decision-making.'

[8] Comparative Development Experiences of India and Its Neighbours
Chapter: [8] Comparative Development Experiences of India and Its Neighbours
Concept: undefined >> undefined

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
  1. Identify one income indicator and one health indicator, each.
  2. Compare India and China on the basis of any one of the indicator identified above in part (i)
[8] Comparative Development Experiences of India and Its Neighbours
Chapter: [8] Comparative Development Experiences of India and Its Neighbours
Concept: undefined >> undefined

‘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.

[6] Open Economy Macroeconomics
Chapter: [6] Open Economy Macroeconomics
Concept: undefined >> undefined
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