Indian Economy
One of the reasons for India's occupational structure remaining more or less the same over the years has been that

investment pattern has been directed towards capital intensive industries
people are largely unaware of the significance of transition from agriculture to industry for econom
productivity in agriculture has been high enough to induce people to stay with agriculture
ceiling on land holdings have enabled more people to own land and hence their preference to stay wit

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Indian Economy
Gross domestic capital formation is defined as

flow of expenditure devoted to increased or maintaining of the capital stock
net addition to stock after depreciation
expenditure incurred on physical assets only
production exceeding demand

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Indian Economy
The budget deficit means

fiscal deficit less interest payments
difference between revenue receipts and revenue expenditure
the excess of total expenditure, including loans, net of lending over revenue receipts
difference between all receipts and all the expenditure

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Indian Economy
In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?

Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

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