Introduction to Macro Economics — Economics STD 12 — Question

Assertion (A): Exchange control means the state intervention.
Reason (R): Exchange control means the forex market.

Withdraw money more than deposit is called …………………………

Consumption function is called the relationship between ……………………….. and Income?

Assertion (A): BRICS is the acronym for an association of five major emerging national economies Brazil, Russia, India, China and South Africa.
Reason (R): Originally the first four were grouped as “BRIC” before the Induction of South Africa in 2010.

………………………… Bank regulates the credit and currency according to the economic situation of the country.

………………………… stimulate saving and investment.

………………………. planning refers to the technique of planning in which resources are allocated in terms of money.

The modem economy is described as –

Abundance in the availability of a factor in a country is called ………………………..

Match the following :
A. ITO – (i) 1945
B. IMF – (ii) 1944
C. WTO – (iii) 1945
D. World Bank – (iv) 1995