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    SIBM PUNE - Macroeconomics Quiz 1 - Dr. Manasi Phadke

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    Mashiro YT
    The document is a 12 question macroeconomics quiz administered by Dr. Manasi Phadke to students at SIBM Pune. It covers topics such as deflation, Indian GDP growth rates, how national income is calculated, and comparisons of GDP based on different valuation methods. The quiz also asks students to identify the largest economy based on GDP at purchasing power parity.

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    SIBM PUNE - Macroeconomics Quiz 1 - Dr. Manasi Phadke

    Uploaded by

    Mashiro YT
    38 views4 pages
    The document is a 12 question macroeconomics quiz administered by Dr. Manasi Phadke to students at SIBM Pune. It covers topics such as deflation, Indian GDP growth rates, how national income is calculated, and comparisons of GDP based on different valuation methods. The quiz also asks students to identify the largest economy based on GDP at purchasing power parity.

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    SIBM PUNE_ Macroeconomics Quiz 1- Dr. Manasi Phadke

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    The document is a 12 question macroeconomics quiz administered by Dr. Manasi Phadke to students at SIBM Pune. It covers topics such as deflation, Indian GDP growth rates, how national income is calculated, and comparisons of GDP based on different valuation methods. The quiz also asks students to identify the largest economy based on GDP at purchasing power parity.

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    © All Rights Reserved
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    Flag for inappropriate content
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    38 views4 pages

    SIBM PUNE - Macroeconomics Quiz 1 - Dr. Manasi Phadke

    Uploaded by

    Mashiro YT
    The document is a 12 question macroeconomics quiz administered by Dr. Manasi Phadke to students at SIBM Pune. It covers topics such as deflation, Indian GDP growth rates, how national income is calculated, and comparisons of GDP based on different valuation methods. The quiz also asks students to identify the largest economy based on GDP at purchasing power parity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 4

    12/29/21, 1:42 PM SIBM PUNE: Macroeconomics Quiz 1- Dr.

    Manasi Phadke

    SIBM PUNE: Macroeconomics Quiz


    1- Dr. Manasi Phadke
    MBA SEM II(2021-23) Batch

    Points: 6/10

    1. PRN *

    21020141169

    2. Name of the Student *

    Ram Chandan Murmu


    3. In an economy that is witnessing deflation, which of the following statements is
    true: [Select]
    (0/1 Point)

    • The GDP at current prices will be lower than the GDP at constant prices (with base yea
    different from current year and having normal inflation)

    • All of the given options 

    • The growth rate of nominal GDP will understate the real growth rate of the economy

    https://forms.office.com/pages/responsepage.aspx?id=xK0RB_SOs0uLtx4UO48fcg9Tt0PzKo1EoE8WRN4BDv1UREZIOFFMOExTVFpJSTI2S1R… 1/4
    12/29/21, 1:42 PM SIBM PUNE: Macroeconomics Quiz 1- Dr. Manasi Phadke

    • The GDP deflator will be more than 1

    4. In H2 of FY21, which of the following statements are true of the Indian


    economy [Select]
    (1/1 Point)

    • The economy showed a negative growth rate

    • The GDP at market prices was lesser than the GDP at factor cost

    • The economy showed a low but positive growth rate 

    • The economy witnessed a period of deflation

    5. What is frequency with which the GDP data is released by the CSO? [Select]
    (1/1 Point)

    • Quinquennially

    • Quarterly 

    • Annually

    • Monthly


    6. Which of the following methods of National Income calculation is used by the
    CSO? [Select]
    (0/1 Point)

    • Expenditure method and output method

    • Income method and expenditure method

    • Income method and output method 

    • None of the given options

    https://forms.office.com/pages/responsepage.aspx?id=xK0RB_SOs0uLtx4UO48fcg9Tt0PzKo1EoE8WRN4BDv1UREZIOFFMOExTVFpJSTI2S1R… 2/4
    12/29/21, 1:42 PM SIBM PUNE: Macroeconomics Quiz 1- Dr. Manasi Phadke

    7. If a shirt is not fully produced in a year, what is accounted as within National


    Income accounts? [Select]
    (1/1 Point)

    • Raw material

    • Work in Progress 

    • Final good

    • Intermediate good

    8. Which of the following measures best describe the National Income of India
    [Select]
    (1/1 Point)

    • NNP at factor cost 

    • NNP at market prices

    • GDP at market prices

    • GDP at factor costs

    9. The RBI growth estimate for the Indian economy in FY22 stands at [Select]
    (1/1 Point)

    • 9%

    • 9.5% 

    • 10%

    • 8.5%


    10. The difference between GDP at factor cost and GDP at market prices is: [Select]
    (0/1 Point)

    https://forms.office.com/pages/responsepage.aspx?id=xK0RB_SOs0uLtx4UO48fcg9Tt0PzKo1EoE8WRN4BDv1UREZIOFFMOExTVFpJSTI2S1R… 3/4
    12/29/21, 1:42 PM SIBM PUNE: Macroeconomics Quiz 1- Dr. Manasi Phadke

    • All of the given options

    • Depreciation

    • Net indirect taxes 

    • Net factor income from abroad


    11. Which of the following statements is true for the US economy in 2021 [Select]
    (0/1 Point)

    • The nominal GDP and GDP at PPP will be different

    • None of the given options

    • The GDP at current prices and GDP at PPP will be the same 

    • The GDP at market prices and GNP at market prices is the same

    12. Which of the following economies is ranked at No.1 position as per GDP in PPP
    terms?
    (1/1 Point)

    • India

    • Japan

    • China 

    • US

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    https://forms.office.com/pages/responsepage.aspx?id=xK0RB_SOs0uLtx4UO48fcg9Tt0PzKo1EoE8WRN4BDv1UREZIOFFMOExTVFpJSTI2S1R… 4/4

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