Government Budget and Economy — Economics STD 12 Humanities & Commerce — Question

Giving reason, state whether the following statements are true or false.
Transfer income is a part of factor income.

Giving reasons, state whether the following statements are true or false:A fall in the price of 1 US dollar from ₹ 50 to ₹ 40 means depreciation of the Indian currency.

Giving reasons, state whether the following statements are true or false:
Depreciation of domestic currency encourages exports.

Government budget is presented only by the central government in India. (True/ False)

Giving reasons, state whether the following statements are true or false.
Rent received by an American from Reliance Industries with respect to building located in India will neither be included in national income nor in domestic income of India.

Fiscal policy has a direct effect on producing sector of the economy. (True/ False)

Giving reasons, state whether the following statements are true or false.
Increase in statutory liquidity ratio adversely affects the capacity of commercial banks to create credit.

Giving reasons, state whether the following statements are true or false.
Goods produced for self-consumption will be included in national income.

Are the following statement true or false? Give reason.
Revaluation and appreciation of currency are one and the same thing.

Are the following statements true or false? Give reasons.
Government budget is a statement of actual receipts and payments of the government.