Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
What is the real interest rate on a Credit Card loan bearing 24% interest per year, if the rate of inflation is 10%?
240%
34%
14%
4%
Which among the following is the correct difference between crowding in and crowding out?
1) Crowding refers to an increase in the private sector investment and crowding out refers to a decrease in the private sector investment.
2) Crowding in is due to a fall in government spending and crowding out due to a rise in the government spending
3) Crowding leads to an increased level of tax and increased borrowing, and crowding out leads to increased economic growth.
Codes:
Only 1
Only 2
Only 3
All are correct
Which of the following is an incorrect statement regarding the World Trade Organization -
WTO was formed in January 1990
Its headquarters are in Geneva
It has 164 members
It follows the clause of MFN-Most Favoured Nation
Which among the following is a correct statement regarding GDP deflator?
It is a measure to evaluate the recession in an economy.
It shows the real GDP growth based on current production
It is a measure of price inflation in an economy.
It has a limited basket of commodities used in its analysis.
According to simple Keynesian theory, the slope of the aggregate consumption curve against income is
Positive
Negative
Zero
infinity
