Question : Which of the following is not a type of exchange rate determination?

Option 1: Interest rate parity

Option 2: Purchasing power parity

Option 3: Balance of payments parity

Option 4: Capital account parity

Question : The main tools of macroeconomics are ___________ and _________.

Option 1: Aggregate demand and aggregate supply

Option 2: Determination of income and employment

Option 3: Both 1 and 2

Option 4: None of the above

Question : Assertion: Microeconomics studies the behavior of individual households and firms in making economic decisions.

Reason: Microeconomics aims to understand the allocation of scarce resources and the determination of prices in specific markets.

Option 1: Both the assertion and reason are true, and the reason is a correct explanation of the assertion.

Option 2: Both the assertion and reason are true, but the reason is not a correct explanation of the assertion.

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.

Question : Comprehension:

Read the given passage and answer the questions that follow.

Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for, acquiring material wealth. For every success story, there are, of course, dozens of failures. Traditional Indian firms have their strengths, but also their weaknesses, and of these perhaps the most debilitating are a lack of teamwork and a weakness for a quick profit. These reflect ingrained ways of thinking and planning, as does the distrust of anyone outside the family, which inhibits the adoption of modern practices of management. But such weaknesses are more than compensated for by the desire to succeed, which is probably more intense in India, given the omnipresent fear of poverty, the cut-throat competition for each opportunity, and the asphyxiating hold of hierarchy.

Question:
What has the Indian talent for acquiring material wealth led to?

Option 1: Commercial success, stagnation, innovation

Option 2: Adaptability, quick profit, opportunity

Option 3: Commercial success, innovation, adaptability

Option 4: Determination, team work, adventure

Question : It facilitaies determination of standard time need to perform a job. Which technique of scientific management  is being highlighted in the given statement?
 

Option 1: Time study

Option 2: Motion study

Option 3: Fatigue study

Option 4: Method study