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Important Questions for "Macroeconomic":

[1]

  1. Explain clearly the meaning of accelerator.
  2. Enumerate problems in the measurement of national income in a developing economy.
  3. Explain clearly the liquidity preference theory of interest propounded by J. M. Keynes.

[2]

  1. Explain the importance of agriculture in India.
  2. What do you mean by Green Revolution?
  3. Write an essay on agricultural development in India during planning period.

[3]

  1. Which issue is concerned with macroeconomics?
  2. What are the causes of decreasing returns to a factor?
  3. The restatement of quantity theory of money is associated with:

[4]

  1. Who is considered the father of Macroeconomics?
  2. What does a two-sector economy consist of?
  3. What is effective demand, and where does it occur?

[5]

  1. Explain the essential differences between macroeconomic and microeconomic approaches and their significance for economic theory.
  2. Economics is a science as well as an art. Comment.
  3. Give the merits and demerits of deductive methods.

[6]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. What do you understand by Perfect Competition? How is price determined in this market?
  3. Make a comparison between risk-bearing and uncertainty-bearing theories of profit.

[7]

  1. What does macroeconomic policy comprise?
  2. What does the macroeconomic policy of India comprise?
  3. On what basis are budgets prepared?

[8]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. What is the investment multiplier? Explain with an example.
  3. Explain the primary, secondary, and tertiary sectors of the economy or describe inflationary gap and reasons for excess demand.

[9]

  1. What are the objectives of macroeconomic policy?
  2. What is exchange rate policy of India?
  3. What are the monetary measures to control inflation?

[10]

  1. What are the macroeconomic stabilization measures taken under the new economic policy?
  2. What is Globalisation? Describe the steps taken by the government of India towards globalisation and its effect on the Indian economy.
  3. What are co-operative societies? What are their types? Write a note on the co-operative movement in rural India.

[11]

  1. Which of the following is not a macroeconomic concept?
  2. Who stated that increasing one factor in production reduces marginal and average productivity?
  3. Which economic theories are based on diminishing returns?

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