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CUET-UG Economics / Business Economics Test: Macro Economics (Determination of Income & Employment and Money & Banking)
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Macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves.

CUET-UG Economics / Business Economics Test: Macro Economics (Determination of Income & Employment and Money & Banking)
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25 Questions

1. The 'Unit banking' system is prevalent in
2. Say's law of market provides the basis of
3. Credit incurs
4. When the central bank sells securities, as a result
5. 'High Powered Money' consists of
6. Consider the following
1. Money supply M2.
2. Saving deposits with Post Office saving banks
3. Net time deposits of banks.
4. Total deposits of the Post Office saving banks excluding NSC. The measure of Money Supply M3 would include
7. Grasham's law relates to
8. When income falls, what happens to the liquidity preference curve?
9. Which of the following can be regarded as near money?
10. Total output and income in general will tend to increase during the period in which
11. Assertion (A) : Money is a link between the present and the future.
Reason (R) : Money is a store of value.
12. Which of the following would not be considered a near money?
13. M2, money supply measure in India, constitutes
14. Stagflation refers to
15. According to Keynes, which one of the following statements is correct [Here MEC stands for Marginal Efficiency of Capital and RI stands for Rate of Interest]:
16. In the given diagram, the Quantity Theory of money in its most rigid form applies to
17. The demand for money is
18. Which combination represents the IS curve?
19. Given the supply of high power money, if the rate of interest goes up, the value of credit-multiplier
20. In the liquidity preference theory of interest of Keynes, money acts as a link between the present and the future in the case of
21. The classical theory of money postulates that
22. Supply of money remaining the same, where there is an increase in demand for money, there will be
23. The norms of behaviour which satisfy the requirements of social rationality of economic activity are established by
24. According to permanent income hypothesis, all increases in
25. Fisher's quantity theory is explained by his famous equation of exchange given as

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