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2000 · Q73Indian EconomyNational Income & Economic Growtheasy

Match List I with List II and select the correct answer using the codes given below the Lists: List I I. Boom II. Recession III. Depression IV. Recovery List II A) Business activity at high level with increasing income, output and employment at macro level B) Gradual fall of income, output and employment with business activity in a low gear C) Unprecedented level of under employment and unemployment, drastic fall in income, output and employment D) Steady rise in the general level of prices, income, output and employment Codes:

  1. (a)I-A, II-B, III-C, IV-D
  2. (b)I-A, II-B, III-D, IV-C
  3. (c)I-B, II-A, III-D, IV-C
  4. (d)I-B, II-A, III-C, IV-D
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Official answer(a) I-A, II-B, III-C, IV-D

2022 · Q7Indian EconomyNational Income & Economic Growtheasy

Which of the following activities constitute real sector in the economy ? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below :

  1. (a)1 and 2 only
  2. (b)2, 3 and 4 only
  3. (c)1, 3 and 4 only
  4. (d)1, 2, 3 and 4
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Official answer(a) 1 and 2 only

2018 · Q47Indian EconomyNational Income & Economic Growthmoderate

If a commodity is provided free to the public by the Government, then

  1. (a)the opportunity cost is zero.
  2. (b)the opportunity cost is ignored.
  3. (c)the opportunity cost is transferred from the consumers of the product to the tax-paying public.
  4. (d)the opportunity cost is transferred from the consumers of the product to the Government.
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Official answer(c) the opportunity cost is transferred from the consumers of the product to the tax-paying public.