macro fundamentals, GDP, investment & growth section 3 Practice Questions Answers Test with Solutions & More Shortcuts
Macro fundamentals, GDP, Investment, Growth PRACTICE TEST [4 - EXERCISES]
macro fundamentals, GDP, investment & growth section 1
macro fundamentals, GDP, investment & growth section 2
macro fundamentals, GDP, investment & growth section 3
macro fundamentals, GDP, investment & growth section 4
Question : 21
Which of the following statements could be true for a high savings economy?
- Higher investment
- Higher consumption
- Higher exports
a) (ii) & (iii) only
b) (i) & (iii) only
c) (i) & (ii) only
d) All of the above
Answer »Answer: (b)
“Exports must form an integral part of the investment led growth model because higher savings preclude/prevents domestic consumption as the driver of final demand”. [Ref: Economic Survey 2018-19, Vol – I, Page 1] For detailed understanding, you can refer the book on Indian Economy by Vivek Singh.
Question : 22
Which of the following statements are true regarding GDP at constant market prices in the last few quarters?
- Increasing
- Growth rate increasing
- Growth rate decreasing
- Stagnant
a) (i) & (iii) only
b) (i) & (ii) only
c) (i) only
d) (iv) only
Answer »Answer: (a)
Since last five/six quarters GDP growth is decreasing, while GDP is still increasing.
IMPORTANT indian economy mcq EXERCISES
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
-
» Banking, Security Market & Insurance
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