I am getting the following answers. plz confirm..
1) d
2) b
3) b
4) b
5) b
6)
7) a
8) to 11) questions missing from my paper
12) c
13) a
14) b
15) a
16) a
17) a
18) a
19) b(not sure)
20) confused b/w a & c
21) b
22) c
23) c
24) a
25) b
5 .
c because f''(x) changes sign at 0.
14.
I think its a- 1 %
On Rs 100 i earn an interest income of 10
this taxed by 40 % , so finally i get 6 on 100 Rs
6% is the nominal interest one gets actually . so after tax real interest rate would be 6%- inflation rate = 1%
20.
Budget deficit is the expected budget .
And revenue deficit is what actually happens,
Initially if the budget deficit is 50-80 = -30
in the financial year , to remain in deficit , there are three possibilities:
Revenue deficit equals budget budget deficit
Taxes remain same and expenditure increases
Or taxes decrease and expenditure increases.
So, its b .
23 . Shouldn't it be d?
3 . Why u chose b ? Shouldn't the median be unaffected ??
22. its a simple case of harrod domar model. the formula is savings rate/capital output ratio = growth rate....6 is targeted growth & pop growth 1.5, s/4=6+1.5=> s=30.
for the revenue deficit it is a non-tax receipt of govt....revenue deficit more minutely is a expected mismatch...govt has also capital deficit too which already in the structure of fiscal deficit.....so the ans is a.