In an open economy, the National Income (Y) of the economy is (C, I, G, X, M, Y stand for Consumption, Investment, Government Expenditure, Total Exports Total Imports, and National Income respectively.):
Important Questions on Indian Economy
Match List-I with List-II and select answer using the codes given below the lists:
| List I | List II |
| A. Boom | 1. Business activities are at a high level with increasing income, output and employment at the macro level. |
| B. Recession | 2. Gradual fall of income, output and employment with business activity in a low gear. |
| C. Depression | 3. Unprecedented level of underemployment and unemployment, drastic fall in income, output and employment. |
| D. Recovery | 4. Steady rise in the general level of prices, income, output and employment |
The Per Capita Income in India was Rs.20 in 1867-68 was ascertained for the first time by:
Assertion (A):The rate of growth of India's exports has shown an appreciable increase after 1991.
Reason (R): The Government of India has resorted to devaluation.
Match List-I with List-II and select the correct answer using the codes given below the lists:
| A. UN Development Programme | 1. Indian Human Development Report |
| B. NCAER | 2. Indian Development Report |
| C. Indira Gandhi Institute Research | 3. World Development Report of Development |
| D. World Bank | 4. Human Development Report |
"…Instil into the vast millions of workers, menand women, who actually do the job, a sense partnership and of cooperative performance ... ".
The above passage relates to:
