Question
Match the items of List - I with List – II and indicate the correct code :List - I List - II a. Fiscal Policy i. Mitigation of National hazards b. Technology Policy ii. Balance of Payment c. Macro-Economic Policy iii. Fiscal Federalism d. Monetary Policy iv. Inflation
Codes:
The correct answer is
a b c d
iii i ii IV
iii i ii IV
Matching Economic Policies and Concepts
This question requires matching items from List-I (economic policies) with related concepts or outcomes in List-II.
List-I Items and Their Matches:
- a. Fiscal Policy is correctly matched with iii. Fiscal Federalism. Fiscal policy relates to government spending and taxation, often managed within the framework of fiscal federalism, which defines intergovernmental fiscal relations.
- b. Technology Policy is matched with i. Mitigation of National hazards. Technology advancements are vital for developing strategies and tools to reduce the impact of national hazards.
- c. Macro-Economic Policy aligns with ii. Balance of Payment. Macro-economic policies aim to stabilize the overall economy, including managing international trade and financial transactions represented by the balance of payments.
- d. Monetary Policy is associated with iv. Inflation. The primary objective of monetary policy is often to control inflation through managing interest rates and money supply.
Correct Code Identification
Based on the correct matching:
- a -> iii
- b -> i
- c -> ii
- d -> iv
This corresponds to the code iii i ii iv.
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Important Questions from Business Environment
- The Micro-Economic environment deals with the operations of the firm in __________.
- Which of the following are "work-family conflict" faced by women?
a. Time based conflict
b. work conflict
c. Inter personal conflict
d. Behaviour based conflictChoose the correct answer from the options : - Assertion (A) : Buyers, for several industries, are potential competitors-they may integrate backwards.
Reasoning (R) : They have different degrees of bargaining power.
Code : Match List - I with List - II relating to the roles played by government in an economy and indicate the correct code of their matching.
List - I (Roles) List - II (Examples) (a) Regulatory role (i) Deciding timing and usage of resources (b) Promotional role (ii) Capital intensive projects of public sector (c) Entrepreneurial role (iii) Imposing of high import duty (d) Planning role (iv) Measures to control and cover risk in priority sectors - From the following statements of Assertion (A) and Reasoning (R), indicate the correct code :
Assertion (A) : Industrial liberalisation became an imperative condition for the growth of forces of competition leading to high efficiency and productivity in Indian industries.
Reasoning (R) : Industrial development and curbing of poverty is only possible through government intervention.
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