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Annual Budget
If we deduct grants for creation of capital assets from revenue deficit, we arrive at the concept of:
Primary deficit
Net fiscal deficit
Budgetary deficit
Effective revenue deficit
Author:
rikazzz
Comment
Annual Budget
If one’s cost of capital were 10 per cent, what is the maximum amount he can afford to pay for a 10-year mortgage note that would yield annual payments of Rs. 12,000 (including both principal and interest)?
Rs. 73,740
Rs. 43,770
Rs. 74,730
None of these
Author:
rikazzz
Comment
Annual Budget
In a floating exchange rate system:
The government intervenes to influence the exchange rate
The exchange rate should adjust to equate the supply and demand of the currency
The balance of payment should always be in surplus
The balance of payments will always equal to government budget
Author:
rikazzz
Comment
Annual Budget
An increase in cost will:
Shift aggregate demand
Shift aggregate supply
Reduce the natural rate of unemployment
Increase the productivity of employees
Author:
rikazzz
Comment
Annual Budget
Cost of the project Rs. 3,00,000. Net income after depreciation Rs. 2,20,000. Return on (original) investment is:
0.73
0.85
1.73
None of these
Author:
rikazzz
Comment
Annual Budget
If the economy grows the government’s budget position will automatically:
Worsen
Improve
Stay the same
Increase with inflation
Author:
rikazzz
Comment
Annual Budget
The ‘Capacity ratio’ is worked out by the formula ________
{(Machine Hours Recorded)/ (Budgeted Machine Hours) }x 100.
{(Standard Hours Recorded)/ (Directed labour Hours Recorded)}x 100.
{(Standard Hours Recorded)/ (Actual Direct Machine Hours)}x 100.
None of these
Author:
rikazzz
Comment
Annual Budget
Initial investment outlay of a machine Rs. 1, 50,000; scrap (terminal) value at the end of its effective life Rs. 50,000. Average investment is:
Rs. 1,00,000
Rs. 2,00,000
Rs. 50,000
None of these
Author:
rikazzz
Comment
Annual Budget
An increase in injections into the economy may lead to:
An outward shift of aggregate demand and demand pull inflation
An outward shift of aggregate demand and cost push inflation
An outward shift of aggregate supply and demand pull inflation
An outward shift of aggregate supply and cost push inflation
Author:
rikazzz
Comment
Annual Budget
The accelerator assumes:
The marginal propensity to consume is constant
The economy is a full employment
There is a constant relationship between net investment and the rate of change of output
The multiplier is constant
Author:
rikazzz
Comment
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