February 1 – INDIAN ECONOMY Welcome to your February 1 - INDIAN ECONOMY Consider the following statements about Expansionary Policy:1. Stimulates an economy by boosting demand through monetary and fiscal stimulus.2. It injects money into economy.3. Government drastically reduces deficit spending.A. 1 and 2 onlyB. NoneC. 1, 2 and 3D. 2 and 3 only Consider the following statements about Minimum Support Price system1. The Commission for Agricultural Costs & Prices (CACP) recommends MSPs.2. MSPs are exclusive for Kharif crops.A. 1 onlyB. 2 onlyC. Both 1 and 2D. Neither 1 nor 2 Choose the correct pairs (PPP Models)1. HAM - HAM combines 40% EPC and 60% BOT-Annuity.2. LDO - Either the government or the public sector entity retains ownership of the newly created infrastructure facility and receives payments in terms of a lease agreement with the private promoter.3. BOT - Private partner is responsible to design, build, operate and transfer back the facility to the public sector.A. 1 onlyB. 3 onlyC. 1, 2 and 3D. 2 and 3 only Which of the following statements are correct regarding Currency Manipulation:1. It gives an unfair competitive advantage in international trade.2. The currency value against dollar falls naturally due to recession in the home country.3. It instigates trade wars.A. 1 and 3 onlyB. NoneC. 2 and 3 onlyD. All the above Identify the core causes of Inflation1. Increase in disposable income.2. Decrease in money supply.3. Increase in population.4. Decrease in Exports.A. 1 and 2 onlyB. 3 and 4 onlyC. 2 and 4 onlyD. 1 and 3 only Time is Up!