39.

40.

41.

42.

The theoretical significance of the Pigou effect is that:

(4) It ensures that a model in which the price level is fixed and money wage rate is
flexible will have a static equilibrium market-clearing solution.

(B) It ensures that a model in which both the price level and money wage rate are
fixed will have a static equilibrium market-clearing solution.

(C) It ensures that a model in which both the price level and money wage rate are
flexible will have a static equilibrium market-clearing solution.

(D) It ensures that a model in which the price level is flexible and money wage rate is
fixed will have a static equilibrium market-clearing solution

If the high powered money (H) rises at the rate of 8 percent and the value of money
multiplier is 3, what would be the rate of total money supply growth?

(^) 5 percent (B) 24 percent
(C) 10 percent (D) 15 percent

Which of the following statement is/are correct about National Education policy 2020?
0) NEP recommended for setting up National Research Foundation
Gi) Curricular framework will be 5+3+3+2 system
(110) It aims to increase GER in higher education to 50%
(ಯ) Only (ii) and (iii) (B) Only (i) and (ii)
)© All of the above (i), (ii) and (iii) (D) Only @ and (ii)

Which of the following statement is/are correct about Special Economic Zones (SEZs)?

0) It promotes exports of goods and services
Gi) It creates employment opportunities along with development of infrastructure facilities

(11) All laws of India are applicable in SEZs

(ಯ) Only (ii) and (iii) (B) Only (i) and (ii)
)© All of the above (i), (ii) and (iii) (D) Only @ and (ii)

13 08 7/2023
[P.T.0.]