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⭐️ ES 2022 > 1 Overview Of Macro Economic Trends > Flashcards

1 Overview Of Macro Economic Trends Flashcards

1
Q

Size of economy of india at current prices?

A

₹232.15 LC

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2
Q

Size of economy of rajasthan at current prices?

A

₹11.96 LC

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3
Q

Size of economy of rajasthan at constant prices?

A

₹7.33 LC

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4
Q

Growth in economy

A
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5
Q

Growth in economy of rajasthan at constant prices?

A

11.04%

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6
Q

Growth of economy of rajasthan at current prices?

A

18.04%

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7
Q

Agriculture sector contribution rajasthan at current prices?

A

30.23%

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8
Q

Industry sector contribution rajasthan at current prices?

A

24.67%

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9
Q

Services sector contribution rajasthan at current prices?

A

45.10%

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10
Q

What is GSDP?

A

Sum of total monetary values of all final goods and services produced in a given period without double counting under the state economy

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11
Q

How much percentage is raj GSDP at constant prices compared to india GDP?

A

4.97% of india

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12
Q

GSDP of raj in 2021-22 and previously in 2020-21 at current prices?

A

11.96 LC in 2021-22
Was 10.13 LC in 2020-21

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13
Q

Formula for GSVA?

A

GSDP- tax + subsidy

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14
Q

GSVA of raj at current prices?

A

11.16 LC

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15
Q

GSVA growth Rajasthan at current prices?

A

17.41%

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16
Q

GSVA of rajasthan at constant prices?

A

6.75 LC

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17
Q

GSVA growth of rajasthan at constant prices?

A

10.60%

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18
Q

Formula for NSDP?

A

GDP-depreciation

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19
Q

What is depreciation?

A

Consumption of fixed capital

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20
Q

NSDP of rajasthan at current prices?

A

10.79 LC

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21
Q

NSDP growth of rajasthan at current prices?

A

18.01%

Similar to gsdp growth

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22
Q

NSDP of rajasthan at constant prices?

A

6.48 LC

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23
Q

NSDP growth of rajasthan at constant prices?

A

11.05%

Similar to gsdp growth at const

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24
Q

Per capita income of rajasthan at current?

A

1,35,218 ₹

₹1.35 lakh

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25
Q

Growth of PCI of rajasthan at current prices?

A

16.63%

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26
Q

PCI of rajasthan at constant prices?

A

₹81,231

81 thousand rupees

27
Q

PCI growth of rajasthan at constant prices?

A

9.76%

28
Q

PCI formula?

A

NSDP divided by pops of state

29
Q

Percentage share of rajasthan economy wrt india at current prices?

A

5.15%

30
Q

Economy of india at current prices?

A

232 LC

31
Q

Percentage GSVA Agriculture rajasthan at constant?

A

28.85% of 6.75LC

32
Q

Percentage GSVA Agriculture rajasthan at current?

A

30.23% of 11.16 LC

33
Q

Percentage GSVA industry rajasthan at constant?

A

26.34% of 6.75 LC

34
Q

Percentage GSVA industry rajasthan at current

A

24.67% of 11.16 LC

35
Q

Percentage GSVA service rajasthan at constant

A

44.81% of 6.75 LC

36
Q

Percentage GSVA service rajasthan at current

A

45.10% of 11.16 LC

37
Q

Gross fixed capital assets of rajasthan at current?

A

₹ 2.76 LC

38
Q

Percentage growth of gross fixed capital formation rajasthan current?

A

27.28%

39
Q

Ratio of private and public contributions to gross fixed capital formation?

A

Private 76.1% and public 23.9%

40
Q

Base year for WPI rajasthan?

A

1999-2000

41
Q

Base year for WPI india?

A

2011-12

42
Q

Who conducts WPI in rajasthan?

A

DES

directorate of economic statistics

43
Q

How many items for rajasthan WPI?

A

154

75 primary
69 manufactured products
10 fuel, power, lighting and lubricants

44
Q

Division of the 154 items of WPI rajasthan?

A

75 primary (34%)
69 manufactured products (50%)
10 fuel, power, lighting and lubricants (16%)

45
Q

Percentage weightage of WPI items of rajasthan?

A

Primary 75 (34%)
Manufactured 69 (50%)
Fuels power lubes and lighting (16%)

46
Q

How frequently is WPI rajasthan calculated?

A

Monthly

47
Q

WPI of rajasthan in 2021?

A

363.23

In 2020 330.86

48
Q

Who recommended to consider CPI over WPI?

A

Urjit Patel Committee

49
Q

What is the ideal CPI inflation rate?

A

4%+-2%

50
Q

Which index includes services along with goods CPI or WPI?

A

CPI both
WPI only goods

51
Q

4 types of CPI indices?

A

1 for industrial workers (CPI IW)
2 for agri workers (CPI AL)
3 for Rural labourers (CPI RL)
4 for rural and urban (CPI R&U)

52
Q

Which CPI indices are prepared by whom?

A

CPI IW, AL, RL by Labour Bureau Shimla
CPI R&U by NSO, delhi

53
Q

CPI IW base year?

A

2016

54
Q

CPI IW centre in rajasthan?

A

Alwar

Previously ajmer

55
Q

CPI centres in rajasthan?

A

Jaipur alwar bhilwada

JAB

56
Q

How many industrially developed centres for CPI in india?

A

88

Raj 3
Jaipur
Alwar
Bhilwara

57
Q

CPI AL base year?

A

1986-87

58
Q

CPI R&U base year?

A

2012

59
Q

Who prepares CPI IW?

A

Labour bureau simla

60
Q

Who prepares CPI AL?

A

Labour bureau simla

61
Q

Who prepares CPI RL?

A

Labour bureau simla

62
Q

Who prepares CPI R&U?

A

NSO delhi

63
Q

CPI R&U of rajasthan?

A

157.4

India 160.9

⭐️ ES 2022 (9 decks)

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