List of top Social Science Questions on Monetary Economics

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).
Assertion (A): Wage-Push Inflation and Profit-Push Inflation are two factors responsible for the Cost-Push Inflation.
Reason (R): Wage-push inflation takes place when higher wages are secured without a corresponding increase in labour productivity.
In light of the above statements, choose the most appropriate answer from the options given below.

Which approach among the following four important approaches to define money, identifies the money with the credit extended by a wide variety of sources?

Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).
Assertion (A): According to Keynes, an individual's aggregate demand to hold money is composed of Transaction Demand, Precautionary Demand and Speculative Demand.
Reason (R): The Speculative Demand for money is a direct and positive function of the level of money income.
In light of the above statements, choose the correct answer from the options given below.

Which approach among the following four important approaches to define money, identifies the money with the credit extended by a wide variety of sources?

If there is a decrease in the money supply, then:

Wheat blast is one of the recent plant disease outbreaks in Asia
(A). Wheat blast is caused by Puccinia graminis
(B). Wheat blast is caused by Fusarium graminearum
(C). Wheat blast is caused by Magnaporthe oryzae Triticum
(D). Wheat blast primarily affect spikes and panicles
Choose the correct answer from the options given below:

Given below are two statements:
Statement (I): In usual terms, recombination frequency between any pair of genes does not exceed 50%.
Statement (II): In a situation of 4-strands double cross-over, recombination frequency becomes 100%.
In light of the above statements, choose the most appropriate answer from the options given below:

Marker-assisted backcross breeding (MABB) is a systematic approach to transferring a gene from a donor genotype to a recipient variety of crops. Arrange the activities serially i.e. performed first to the last:
(A). Production of \( F_1 \) hybrids through hybridization between the donor and the recipient genotypes
(B). Foreground and background selection and backcrossing (or selfing)
(C). Hybridity testing and backcrossing with the recipient variety
(D). Selection of donor and the recipient variety based on target gene
Choose the correct answer from the options given below:

Match List-I with List-II
List-I (Terms of inflation):
(A) Open inflation
(B) Ratchet inflation
(C) Cost-push inflation
(D) Stagflation
List-II (Description):
(I) Inflation due to an increase in the cost of inputs used in production.
(II) Inflation in the absence of any barrier or government control to price rise.
(III) Inflation in an economy is accompanied by declining output and rising unemployment.
(IV) Inflation in sector of excessive aggregate demand and deflation in sectors of inadequate demand; keeping the general price level unchanged.
Choose the correct answer from the options given below:

Which one of the following is not a function of money?

The simple multiplier for the increase in income ($\Delta Y$) to the increase in investment ($\Delta I$) is equal to :

Arrange the market statistics sources based on their periodicity of publication in the increasing order of duration:
A. Bulletin on prices
B. Indian Journal of Agricultural Marketing
C. Economic Survey
D. Agricultural Situation in India
E. Economic Times

Given below are two statements:
Statement I: The rate of return on investment ratio gives the net return on capital for every rupee of average capital invested.
Statement II: Capital turnover ratio gives the gross income obtained for each rupee of capital invested over the year.
In the light of the above statements, choose the most appropriate answer from the options below:

Given below are two statements:
Statement I: The present value of the future sum is the current value of the investment to be received in the future.
Statement II: Future value of present sum is an important concept in financial analysis and this is called Compounding.
In the light of the statements, choose the most appropriate answer from the options given below:

The expenses incurred on the purchase of seeds, fertilizers, and pesticides are examples of:

Which of the following is NOT a producer good?