Paper 3
Maximum Marks: 200
Time Allowed : 45 minutes
Instructions
- This paper contains 50 Multiple Choice Questions (MCQs).
- The candidate has to attempt any 40 Multiple Choice Questions (MCQs).
- Correct answer or the most appropriate answer: Five marks (+5)
- Any incorrect option marked will be given minus one mark (-1).
- Unanswered questions will be given no mark (0).
- Use of calculators/electronic gadgets is not allowed.
Answer the questions by choosing the correct option.
1. When investment falls to zero, National Income does not fall to zero because of:
(a) Autonomous consumption
(b) Induced investment
(c) Autonomous investment
(d) Multiplier
2. What will be the value of the money multiplier and the total deposits created, if the initial ...
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