Question : The value of Nominal GDP is 1100 and the value of Real GDP is 1000. Find the value of GDP deflator.
Option 1: 0.9
Option 2: 1.1
Option 3: 1
Option 4: 0.8
Correct Answer: 1.1
Solution : GDP Deflator = Nominal GDP/Real GDP = ________ 1,100/________ 1,000 = 1.1.
Question : Nominal Interest Rate = ___________
Option 1: Real Interest Rate × Inflation Rate
Option 2: Real Interest Rate – Inflation rate
Option 3: Real Interest Rate / Inflation rate
Option 4: Real Interest Rate + Inflation rate
Question : If the value of Investment Multiplier is 5 and the increased income is 800 crore in an economy, the find the value of change in the investment in the economy.
Option 1: 4000 crore
Option 2: 120 crore
Option 3: 400 crore
Option 4: 160 crore
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question :
Identify the correct sequence of the Selection process :
(A) Selection decision
(B). Employment interview
(C) Selection tests
(D) Reference checking
Choose the correct answer from the options given below:
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B), (A), (D), (C)
Option 4: (C), (B), (D), (A)
Question : Arrange the following elements in correct chronological sequence (earliest to latest):
(A) Smithsonian Agreement
(B) Bretton Woods Conference
(C) Establishment of WTO
(D) Gold Standard
Option 2: (D), (B), (A), (C)
Option 3: (D), (A), (B), (C)
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