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Consider the following statements about the GDP Deflator. 1. GDP deflator is the ratio of nominal GDP to real GDP. 2. GDP deflator indicates the change in the price level between the base year and the current year. 3. While calculating GDP deflator, the volume of production is considered as fixed. Which of statements given above is/are correct?
"A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should the following budgets be prepared?
(1) Sales budget
(2) Cash budget
(3) Production budget
(4) Purchase budget
(5) Finished goods inventory budget"
In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.
The following sentences form a paragraph. The FIRST and SIXTH sentences of the paragraph are given. The rest of the sentences are numbered as B, C, D, ad E, which are not in proper order. Read the sentences and place them in chronological order. National Solar Mission is one of the eight missions set up of National Action Plan on Climate change (NAPCC) that was released on 30 June 2008. With this ambitious target, India will become one of the largest Green Energy producers in the world, surpassing several developed countries. Government stepped up India’s solar power capacity target under the Jawaharlal Nehru National Solar Mission (JNNSM), by five times, reaching 1,00,000 MW by 2022. The target will principally comprise 40 GW Rooftop and 60 GW through Large and Medium Scale Grid Connected Solar Power Projects. The new targets were approved in June 2015. During recent times with improvement in technology and scaling up production capacities, solar energy has become cost-competitive and targets seem to be more viable now.
Consider the following statements: 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: Malaysia has set up a trust fund for the public to donate money in order to help the government repay the country's debt. Malaysia's Finance Ministry said the fund would be called Malaysia Hope Fund and the contributions must be made in cash. Will this help to gain financial stability? Arguments: I. Yes, Malaysia's national debt amounts to $250.8 billion which is 80% of its GDP. II. No, Malaysia's debt amounts to $250.8 billion which is 8% of its national GDP. III. Yes, 80% of Malaysia's GDP amounts to a debt amount of about $250.8 billion.
The primary difference between a fixed budget and a variable (flexible) budget is that a fixed budget:
In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: For an individual company, a boom means rapid and significant sales growth, while a boom for a country is marked by significant GDP growth.  B: Booms are often medium- to long-term periods of economic or market growth and may eventually turn into a bubble.  C: A boom refers to a period of increased commercial activity within either a business, market, industry, or economy as a whole.  D:  A bubble is when the boom extends far beyond the fundamental growth trend in value where buyers become irrationally exuberant.
Read the given statement and conclusion carefully and decide which of the conclusion(s) logically follows from the statement(s). Statements: The changing times in Indian cinema are testimony that big-budget films of stars (actors) are doing poorly and many small budget themed films are doing good business. Conclusions: (i) Small-budget films have been extremely successful because of their narrative content without giving much importance to the selection of stars. (ii) Big budget films have failed at the box office due to the selection of big stars (starcast). 
Statements: Some target are chasable. All chasable are possible. Some possible are win. Conclusion: I. No target are win. II. Some win are target. III. Some possible are target.