5 Questions
What is the objective of the Government's budget in terms of income distribution?
Rationalizing taxes in pro-poor direction
What does the Balance of Payments record for an economy?
Inflow and outflow of foreign exchange to/from the economy
Which bank does not interact directly with the general public?
Reserve Bank of India
Which of the following is not an example of 'invisible item' under Current Account of the Balance of Payments transactions?
Merchandise linked transactions
Which statement is true about demonetization in India?
Statement 1 is true and Statement 2 is false
Test your knowledge on macroeconomics with this challenging quiz! Explore topics such as government budgets, income redistribution, and balance of payments. Choose the correct answer from various options and improve your understanding of these fundamental economic concepts. Don't forget to use keywords such as GDP, taxes, and price levels to ace this quiz!
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