Top 80+ Solved Macro Economics 2 MCQ Questions Answer
Q. The working group in India include in the age:
a. 14 to 55
b. 15 to 59
c. 20 and above
d. 25 and above
Q. The main type of un employment referred by the Classicals:
a. voluntary
b. involuntary
c. both
d. none
Q. The main type of un employment referred by the Keynesian:
a. voluntary
b. involuntary
c. both
d. none
Q. The main type of un employment referred by the Post-Keynesians:
a. voluntary
b. involuntary
c. natural rate
d. none
Q. Main reason for frictional unemployment is :
a. lack of opportunities
b. low wage
c. high cost
d. market imperfection
Q. Okun’s law related with :
a. unemployment and growth rate
b. inflation and growth rate
c. wage lose
d. none
Q. In business cycle, depression is followed by:
a. . boom
b. recovery
c. recession
d. none of the above
Q. Open market operations refer to the sale and purchase by the RBI of:
a. gold
b. foreign exchange
c. government securities
d. all the above
Q. Which of the following is not an objective of monetary policy?
a. price stability
b. balance of payments equilibrium
c. economic growth
d. reduction in export
Q. Which of the following is not a quantitative credit control measure?
a. bank rate
b. cash reserve ratio
c. regulation of margin requirement
d. open market operation
Q. Which of the following is not an element of high Powered money?
a. currency
b. repos
c. required reserves
d. excess reserves