Question : Which of the following statements are correct?

1. Saving curve starts from Y axis.
2. Slope of savings curve is negative.
3. After the break even point savings is positive.
4. Marginal propensity to save refers to the ratio of savings to the corresponding level of income.

Option 1: 1,2&3
 

Option 2: 1,3&4
 

Option 3: 2,3&4
 

Option 4: 1,2&4
 

Question : Which of the following statements are correct?

1. Consumption function refers to functional relationship between consumption and savings.
2. It is a psychology concept as it is influenced by the subjective factors like consumers, taste preference, etc.
3. It also shows the consumption level at different levels of income.
4. C=f(Y)

Option 1: 1,2&3
 

Option 2: 2,3&4
 

Option 3: 1,3&4
 

Option 4: Only 3&4
 

Question : Identify the following curves in the below diagram-

Option 1: A- Savings, B- Investment
 

Option 2: A- Consumption , B- Investment 
 

Option 3: A- Consumption , B- Savings
 

Option 4: A- Savings, B- Consumption

Question : Which of the following are the part of national income?

1. Purchase of car by a household.
2. Gifts received from employer
3.  Royalty
4. Government expenditure on street lightning.

Option 1: 1,3&4

Option 2: 2,3&4

Option 3: 1,2,3&4

Option 4: 1,2&3

Question : Which of the following is stock concept?

1. Amount of bank deposits on 31.3.2022
2. Capital
3. Balance in a bank account.

Option 1: Only 1
 

Option 2: Only 2&3
 

Option 3: 1,2&3
 

Option 4: Only 1&3