Choose the correct answer from among the combinations given below the following table
| Macro-Economic Variable | | Desired Direction for Conduciveness |
(a) | Tax Rate | (i) | Higher the better |
(b) | GDP | (ii) | Moderately Higher the Better |
(c) | Inflation | (iii) | Lower the Better |
Government policies are of four types:
After Independence and up to the first 3-4 decades the economic system prevalent in India may be regarded as
Which of the following policy/ ies pertain to macroeconomic management?
Which of the following is not attributable to Facilitative/ Developmental policies?
Reasons why lower interest rate may be conducive for business include:
Which of the following is the right option?
Which among the following is not macro policy indicator?
Following statements pertain to the meaning, importance and impact of economic policies. These statements are either correct or incorrect. Pick up the answer option that gets it all right.
- Macroeconomic policies operate only on the demand side of the economy.
- The impact transmission of the policies occurs through institutions and policy instruments.
iii. Policy formulation does not involve discussion with the stakeholders.
- The impact of Sectoral policies is on the economy as a whole.
After independence, India followed a: