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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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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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