Sarat Chandra IAS Academy

Sarat Chandra IAS 21th June Quiz

Welcome to your Sarat Chandra IAS 21st June Quiz

To convert Net National product at market prices into National Disposable Income of a country which of the following should be added to the former concept? 1.Remittances from foreign countries 2.Gifts to residents from foreign citizens 3.Amount received in the form of donations 4.Surplus of merchandise export Select the correct answer using the codes given below:

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While computing national income, income of only normal residents of a country is included. In this context, which of the following is an example of `normal residents of India`?

With reference to GDP deflator, consider the following statements: 1.GDP deflator is more comprehensive measure of inflation than consumer price index and wholesale price index. 2.A GDP deflator value of zero implies no change in price levels from the base year. 3.Unlike WPI and CPI, monthly change in inflation cannot be tracked using GDP deflator. Which of the statements given above are correct?

Which of the following are the components of aggregate demand? 1.Private Consumption 2.Investments in the economy 3.Government Spending’s 4.Net Exports Select the correct answer using the codes given below:X

With reference to Disinvestments, consider the following statements: 1.RBI sells the shares in stock exchanges on behalf of the government. 2.It is the sale of shares of PSUs without change in ownership. 3.Money from sale of shares goes to Consolidated Fund of India. Which of the statement(s) given above is/are correct?

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