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.
Reasons why lower interest rate may be conducive for business include:
Which among the following is not macro policy indicator?
Which of the following is not attributable to Facilitative/ Developmental policies?
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
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 |
After independence, India followed a:
Which of the following is the right option?
Which of the following policy/ ies pertain to macroeconomic management?