Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Will the following items be included or not in National Income of India? Give reason for your answer.
Salaries to Indian residents working in the Russian Embassy in India.

Define open market operations.

Categorize the following items into Revenue and Capital Expenditure.
Statement-Grants given by central government to state government.

What impact will fall on the expenditure of an American citizen who comes to India for Medical treatment if foreign rate is increased?

In the modern monetary economy, we can still find the traces of barter system. Justify.

If the value of investment multiplier is unity, what will be the value of MPC?

Define margin requirements.

Give two example of intermediate goods.

What is reverse repo rate?

Define Venture Capital.