Latest DSSSB PGT Economics Exam Question (Objective Questions), MCQ in English
Subjects : English Language & Comprehension, General Awareness, Hindi Language & Comprehension, General Intelligence & Reasoning, Arithmetic & Numerical Ability, Economics
The payment was collected by the hardworking salesman.
A
The hardworking salesman collected the payment.
B
the salesman who worked heard was able to collect the payment.
C
to collect the payment the salesman had to work hard.
D
The hardworking salesman was able to collect the payment.
Question 4Single Answer
I had to stop all my work to complete this project.
A
All other work had to be stopped to complete this project by me
B
For completing this project all other work must be stopped
C
For completing this project I had to stop all my work
D
To complete this project all other work had been stopped by me
Question 5Single Answer
They have published the names of all the successful candidates.
A
The candidates who have succeeded their names they had published.
B
The names of all the successful candidates have been published by them
C
The candidates who have succeeded their names have been published by them.
D
The names of all the successful candidate were published by them.
Question 6Single Answer
The online shopping site lowered the prices.
A
Lowering of the prices was done by the online shopping site
B
The prices were lowered by the online shopping site
C
The prices had been lowered by the online shopping site
D
The prices have been lowered by the online shopping site
Question 7Single Answer
Who taught you to drive a truck ?
A
To drive a truck by whom were you taught?
B
Driving a truck by who were you taught?
C
Driving a truck by who were you being taught?
D
By whom were you taught to drive a truck?
Question 8Single Answer
We shall invite Suresh.
A
Suresh would be invited by us
B
Suresh would have been invited by us
C
Suresh will be invited by us
D
Suresh will have been invited by us
Question 9Single Answer
Dark clouds have overcast the evening sky.
A
By the dark clouds the evening sky was overcast.
B
The evening sky has been overcast by the dark clouds.
C
Dark clouds overcastted the evening sky.
D
The sky of the evening was overcasted by dark clouds.
Question 10Single Answer
The partners will celebrate their triumph tomorrow.
A
The triumph would be celebrated by the partners a day before
B
The triumph would be celebrated by the partners a day after
C
The triumph would have been celebrated by the partners a day after
D
The triumph will have been celebrated by the partners tomorrow
Question 11Single Answer
Why did break the vase?
A
why is the vase broken by him
B
why was the vase broken by him
C
why had been the vase broken by him
D
why has been the vase broken by him
Question 12Single Answer
Mariam was writing a note to her boss.
A
A note was written to her boss by Mariam
B
A note was wrote by Mariam to her boss
C
A note was being written by Mariam to her boss
D
A note was written by Mariam to her boss
Question 13Single Answer
The baby really enjoys that music.
A
That music was really enjoyed by the baby.
B
That music was really being enjoyed by the baby.
C
That music is really enjoyed by the baby.
D
This music was really enjoyed by the baby.
Question 14Single Answer
The weather disrupted the final match.
A
The final match has been disrupted by the weather.
B
The final match had been disrupted by the weather.
C
The final match was disrupted by the weather.
D
The final match was being disrupted by the weather.
Question 15Single Answer
The management committee is required to publish a report every year.
A
report would be published by the management committee every year.
B
A report would have been published by the management committee every year.
C
A report requires to be published by the management committee every year.
D
Every year the report would be published by the management committee.
Question 16Single Answer
Preeti ran the race in record time.
A
In record time Preeti ran the race.
B
The race was run by Preeti in record time
C
The race was being run by Preeti in record time
D
The race had been run by Preeti in record time
Question 17Single Answer
I shall have written the full thesis by December
A
By December I shall have wrote the full thesis.
B
The full thesis will have been written by me by December.
C
The full Thesis will be wrote by me by December
D
By December the full thesis must have been wrote by me.
Question 18Single Answer
One must keep one’s promises.
A
One’s promises must be kept by one.
B
One’s promises had to be kept.
C
Promises must be kept.
D
Promises have to be kept by one.
Question 19Single Answer
I read the story in one night.
A
The story had been read by me in one night.
B
The story has been read by me in one night
C
n one night the story has been read by me.
D
the story was read by me in one night
Question 20Single Answer
We must take care of the old.
A
Those who are old need to be taken care of by us.
B
The old must be taken care of by us.
C
Those who are old need care by us
D
The old should be taken care of by us.
General Awareness
Question 21Single Answer
Yojna a weekly journal
A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission
Question 22Single Answer
Kurukshetra a journal on rural development is published by
A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission
Question 23Single Answer
Devaluation of a currency means
A
Fixing the value of the currency in conjuction with the movement in the value of a basket of predetermined currencies
B
Reduction in the value of a currency vis-à-vis major internationally traded currencies
C
Fixing the value of currency in multilateral consultaion with the IMF the World Bank and major trading partners
D
Permitting the currency to seek its worth in the international market
Question 24Single Answer
In India rural incomes are generally lower than the urban incomes, which of the following reasons account for this
1. a large number of farmers are illiterate and know little about scientific agriculture
2. prices of primary products are lower than those of manufactured products
3. Investments in agriculture has been low when compared to investment in industry
A
1 and 3
B
2 and 3
C
1 and 2
D
1,2 and 3
Question 25Single Answer
In ruby laser, the stimulated emission is due to transition from
A
metastable state to any lower state
B
any higher state of lower state
C
metastable state to ground state
D
any higher state to ground state
Question 26Single Answer
10-6 M NaOH is diluted 100 times. The pH of the diluted base is
A
between 7 and 8
B
between 5 and 6
C
between 6 and 7
D
between 10 and 11
Question 27Single Answer
The respiratory quotient during cellular respiration would depend on
A
the nature of enzymes involved
B
the nature of the substrate
C
the amount of carbon dioxide released
D
the amount of oxygen utilised
Question 28Single Answer
Which Delhi Sultan captured Qutub Minar while it was under construction?
A
Iltutmish
B
Alauddin Khalji
C
Qutub-ud-din Aibak
D
Muhammad Tughlaq
Question 29Single Answer
Where did the First Battle of Panipat take place?
A
Panipat
B
Delhi
C
Kurukshetra
D
Agra
Question 30Single Answer
Who built the Jama Masjid of Delhi?
A
Shah Jahan
B
Jahangir
C
Akbar
D
Aurangzeb
Question 31Single Answer
The iconic Humayun's Tomb was built by:
A
Babur
B
Humayun
C
Hamida Banu Begum
D
Akbar
Question 32Single Answer
The Iron Pillar near Qutub Minar was originally from:
A
Kanauj
B
Mathura
C
Ujjain
D
Pataliputra
Question 33Single Answer
"Who said, 'India was a parrot unto itself'?
A
Malik Muhammad Joyce
B
Raskhan
C
Rich Khusrow
D
Rich Hasan
Question 34Single Answer
Which is the national game of Bhutan ?
A
badminton
B
basketball
C
football
D
archery
Question 35Single Answer
When was the Constituent Assembly of India formed?
A
1946
B
1947
C
1948
D
1950
Question 36Single Answer
What major defence-related development was highlighted on 1 May 2026 involving India and Italy?
A
Joint naval exercise in the Indian Ocean
B
Purchase of Rafale jets
C
Rajnath Singh-Italy Defence Pact
D
Signing of a nuclear agreement
Question 37Single Answer
Which satellite was launched by ISRO around early May 2026?
A
GSAT-31
B
Chandrayaan-4
C
INSAT-4CR
D
GSAT-32
Question 38Single Answer
What is Prerna 2.0, launched/introduced in the news on 1 May 2026?
A
A new defence missile system
B
Green hydrogen mission
C
AI Tutoring initiative
D
Digital payment platform
Question 39Single Answer
UAE announced its exit from OPEC, with the decision taking effect from:
A
1 May 2026
B
1 January 2026
C
1 July 2026
D
31 December 2026
Question 40Single Answer
A tragic road accident in Dhar, Madhya Pradesh on or around 1 May 2026 resulted in how many deaths?
A
At least 16 (including 6 children and 7 women)
B
8
C
25
D
12
Hindi Language & Comprehension
Question 41Single Answer
'ऋ' अर् में बदलता है -
A
गुण संधि के अनुसार
B
यण संधि के अनुसार
C
वृद्धि संधि के अनुसार
D
अयादि संधि के अनुसार
Question 42Single Answer
निम्न में कौनसा नासिक्य व्यंजन है -
A
त्
B
न्
C
द्
D
भ्
Question 43Single Answer
निम्न में से उत्क्षिप्त व्यंजन है -
A
ल
B
ष
C
ड़
D
न
Question 44Single Answer
निम्न में से अल्प प्राण नहीं है -
A
ख
B
ग
C
च
D
द
Question 45Single Answer
तालव्य व्यंजन है-
A
ट ड द ढ
B
च छ ज झ
C
त थ द ध
D
प फ ब भ
Question 46Single Answer
'अ' स्वर का उच्चारण स्थान क्या है -
A
मूर्धा
B
कण्ठ
C
तालु
D
ओष्ठ
Question 47Single Answer
निम्लखित मे कंट- तालव्य स्वर कौनसे है ?
A
ए - ऐ
B
ए - ओ
C
ए - ऊ
D
त - द
Question 48Single Answer
जो धातु या शब्द के अंत में जोड़ा जाता है उसे कहते है ?
A
समास
B
अव्यय
C
उपसर्ग
D
प्रत्यय
Question 49Single Answer
प्रख्यात में प्रयुक्त उपसर्ग है -
A
प्र
B
त
C
प्रख
D
आत
Question 50Single Answer
'साखी' शब्द का तत्सम रूप है -
A
सखी
B
शाखा
C
राखी
D
साक्षी
Important Questions Package
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Hindi Language & Comprehension
Question 51Single Answer
किस क्रम में वृत्तमुखी स्वर नहीं है -
A
आ
B
ऊँ
C
ओ
D
औ
Question 52Single Answer
उपसर्ग का प्रयोग होता है -
A
शब्द के आदि में
B
शब्द के मध्य में
C
शब्द के अंत में
D
इनमे से कोई नहीं
Question 53Single Answer
'पंडित दूध पीता है' इस वाक्य में कारक है -
A
कर्म, करण
B
सम्प्रदान, सम्बन्ध
C
कर्ता, कर्म
D
इनमें से कोई नहीं
Question 54Single Answer
'ने' किस कारक का चिह्न है -
A
कर्ता
B
करण
C
सम्प्रदान
D
कर्म
Question 55Single Answer
'वह जहाँ चाहे, जाये; मुझे क्या लेना-देना।' यह कैसा वाक्य है -
A
संयुक्त वाक्य
B
सरल वाक्य
C
मिश्रित वाक्य
D
संयुक्त-मिश्रित वाक्य
Question 56Single Answer
व्याकरण के नियमानुसार किस वाक्य में पदक्रम सही है -
A
रावण को राम ने मारा।
B
राम ने रावण को मारा।
C
मारा राम ने रावण को।
D
संयुक्त-मिश्रित वाक्य।
Question 57Single Answer
'अधिकरण' कारक का चिह्न है -
A
अरे
B
में
C
से
D
को
Question 58Single Answer
स्वर होते हैं -
A
घोष
B
अघोष
C
अल्पप्राण
D
महाप्राण
Question 59Single Answer
निम्नलिखित में से वर्त्स्य है -
A
ल्
B
ड
C
ढ़
D
स्
Question 60Single Answer
'दित्व' का प्रयोग किस शब्द में नहीं हुआ है ?
A
सच्चा
B
कुत्ता
C
बल्गा
D
बग्गा
General Intelligence & Reasoning
Question 61Single Answer
How many such pairs of letters are there in the word ‘CLEANLINESS’ each of the which has as many letters between them in the word as they have in the English alphabet, in the same sequence?
A
Two
B
Three
C
Five
D
Four
E
None of these
Question 62Single Answer
Team A has scored more goals than Team B
Team C has scored fewer goals than Team B
Team A has scored fewer goals than Team C .
If the first two statements are true, the third statement is
A
True
B
False
C
Uncertain
D
None
Question 63Single Answer
If it is possible to make only one meaningful word with the second, the third, the sixth and the eight letters of the word FRAGMENT using each only once, which of the following will be the third letter of that word ? If no such word can be formed, give ‘X’ as the answer and if more than one such word can be formed, give ‘Y’ as the answer.
A
A
B
E
C
T
D
X
E
Y
Question 64Single Answer
How many such letters are there in the word ORIENTAL each of which is as far away from the beginning of the word as when they are arranged alphabetically?
A
None
B
One
C
Two
D
Three
E
More than three
Question 65Single Answer
How many such pairs of letters in the word CREDIT each of which has as many letters between them in the word as in the English alphabet?
A
None
B
One
C
Two
D
Three
E
More than three
Question 66Single Answer
How many meaningful words can be made from the letters ‘LMEA’ using each letter only once in each word?
A
None
B
One
C
Two
D
Three
E
More than three
Question 67Single Answer
If it is possible to make only one meaningful word with the first, the second, the seventh and the eighth letters of the word TEMPORAL, which of the following will be the first letter of that word? If more than one such word can be made, give ‘Y’ as the answer and if no such word can be made, give ‘X’ as the answer.
A
T
B
L
C
E
D
Y
E
X
Question 68Single Answer
If the letters of the word HANDOVER are arranged alphabetically from left to right how many letters will remain at the same position?
A
None
B
One
C
Two
D
Three
E
More than three
Question 69Single Answer
How many such pairs of letters are there in the word EXCURSION, each of which has as many letters between them in the word as they have in the English alphabet?
A
None
B
One
C
Two
D
Three
E
More than three
Question 70Single Answer
If it is possible to make only one meaningful word with the first, the second, the third, the sixth and the eighth letters of the word DEVIATION first letter of that word is your answer? If more than one such word can be made formed your answer is ‘A’ and if no such word can be formed your answer is ‘B’.
A
V
B
T
C
E
D
A
E
B
Question 71Single Answer
If each alternate letter beginning with the first in the word WORKING is replaced by the next letter in the English alphabet and each of the remaining letters is replaced by the previous letter in the English alphabet, which of the following will be the fourth from the right and after the replacement ?
A
N
B
Q
C
J
D
M
E
None of these
Question 72Single Answer
How many pairs of letters are there in the word ‘SHIFTED’ each of which has as many letters between its two letters as there are between in the English alphabet?
A
None
B
One
C
Two
D
Three
E
None of these
Question 73Single Answer
Statement: Is common currency a necessary ingredient for Europe’s growth ?
Arguments :
I. Yes, A common currency will enable entire Europe to market itself as one .
II. No, Similar experiments by Latin America countries have not affected their economies .
A
The only argument I is strong
B
Only argument II is strong
C
Either I or II is strong
D
Neither I nor II is strong
Question 74Single Answer
If it is possible to make only one meaningful word with the first, the fifth, the sixth, the tenth and the eleventh letters of the word EXCEPTIONAL using each letter only once, first letter of that word is your answer. If no such word can be made formed your answer is ‘X’ and if more than one such word can be formed your answer is ‘Y’.
A
P
B
L
C
T
D
X
E
Y
Question 75Single Answer
How many meaningful English words can be formed with the letters RAE using each letter only once in each word?
A
None
B
One
C
Two
D
Three
E
More than three
Question 76Single Answer
How many such pairs of letters are there in the word WONDERS, each of which has as many letters between its two letters as there are between them in the English alphabet?
A
One
B
Two
C
Three
D
Four
E
More than four
Question 77Single Answer
If it is possible to make only one meaningful English word from the second, the fifth, the seventh and the eighth letters of the word PHYSICAL, using each letter only once, second letter of that word is your answer. If more than one such word can be formed your answer is M. if no such word can be formed your answer is N.
A
I
B
A
C
L
D
M
E
N
Question 78Single Answer
How many such pairs of letters are there in the word JUSTIFY, each of which have as many letters between them in the word as they have between them in the English alphabet?
A
None
B
One
C
Two
D
Three
E
More than three
Question 79Single Answer
If the alphabets are assigned values as A=3, D=6, G=8, I=2, L=4 and T=5 then what is the sum of values of all the alphabets in the word DIGITAL?
A
26
B
28
C
30
D
32
E
None of these
Question 80Single Answer
How many such pairs of letters are there in the word EDUCATION, each of which has as many letters between them in the word as they have in the English alphabet?
A
None
B
One
C
Two
D
Three
E
More than three
Arithmetic & Numerical Ability
Question 81Single Answer
The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________ ?
A
51:52
B
52:53
C
51:53
D
52:55
Question 82Single Answer
Which of the following numbers is irrational ?
A
√49
B
0.125
C
√2
D
22/7
Question 83Single Answer
356 x 936 – 356 x 836 = ?
A
35600
B
34500
C
9630
D
93600
Question 84Single Answer
Arrange in descending order: 5/8, 7/10, 3/4
A
3/4 > 7/10 > 5/8
B
7/10 > 3/4 > 5/8
C
3/4 > 5/8 > 7/10
D
5/8 > 7/10 > 3/4
Question 85Single Answer
What is (3^{4} times 9^{2}) ?
A
36
B
38
C
310
D
96
Question 86Single Answer
If 34X-2 = 729, then find the value of X.
A
4
B
3
C
2
D
5
Question 87Single Answer
Convert 0.6 into fraction ?
A
3/5
B
2/3
C
4/5
Question 88Single Answer
The no. plate of a bus had peculiarity. The bus number was a perfect square. It was also a perfect square when the plate numbers were reversed. The bus company had only five hundred buses numbered from 1 to 500. What was the number ?
A
169
B
36
C
196
D
Can not say
Question 89Single Answer
If a and b are positive integers, such that ab = 125, then (a-b)a+b-4 = ?
A
16
B
25
C
28
D
30
Question 90Single Answer
If x*y = x2 + y2 – xy, then value of 9*11 is
A
93
B
103
C
60.5
D
121
Question 91Single Answer
Which is greater ?
A
15/16
B
17/18
C
Equal
D
Cannot compare
Question 92Single Answer
If sum of two numbers is 42 and their product is 437, then find their difference.
A
3
B
4
C
5
D
7
Question 93Single Answer
Write the 44000 in Roman numerals
A
XLI
B
XLVI
C
XLIV
D
XLVIC
Question 94Single Answer
Convert 0.0909… into fraction ?
A
1/11
B
9/11
C
1/9
D
9/10
Question 95Single Answer
What is (98 times 102) ?
A
9996
B
10000
C
10096
D
10196
Question 96Single Answer
Which is smaller ?
A
9/11
B
7/9
C
Equal
D
Cannot compare
Question 97Single Answer
Convert 0.5777… into fraction ?
A
26/45
B
52/90
C
13/22
D
5/9
Question 98Single Answer
Convert 0.81 into fraction ?
A
81/100
B
9/10
C
8/9
D
9/11
Question 99Single Answer
(63)2 – (12)2 =?
A
3528
B
3852
C
3582
D
3825
Question 100Single Answer
Which is greater ?
A
13/17
B
11/14
C
Equal
D
Cannot compare
Economics
Question 101Single Answer
In case of indifference curve of two goods X and Y, as consumption of X increases :
A
MRSXY increases
B
MRSXY decreases
C
MRSXY remains the same
D
MRSXY increases but later on MRSXY decreases
Question 102Single Answer
General Economic equilibrium is NOT related to which one of the following problems ?
A
Uniqueness problem
B
Existence problem
C
Stability problem
D
Moral hazard problem
Question 103Single Answer
In the shoft-run production function, which on eof the following is CORRECT ?
A
Technology is assumed to change as labour input changes
B
Technology is assumed to change as capital stock changes
C
Technology is assumed to change positively until diminishing returns set in
D
Technology is assumedto be constant for a given production function relationship
Question 104Single Answer
As output expands, LAC curve falls. This is due to :
A
Law of variable proportions
B
Law of diminishing returns
C
Economies of scale
D
Diseconomies of scale
Question 105Single Answer
In a situtation of decision under uncertainty, if a consumer faces equal expected income from two alternatives, then she will take decision on the basis of :
A
Expected utility of both the alternatives
B
Probability of risk attached with each alternatives
C
Variation of risk attached with each alternatives
D
Mean of risk of each alternatives
Question 106Single Answer
What type of relationship the Phillips curve postulates between the rae of unemployment and the rate of increase of money wages ?
A
Inverse
B
Direct
C
Direct and proportional
D
Inverse and proportional
Question 107Single Answer
The concept of 'money illusion' was first given by whom ?
A
Milton Friedman
B
Irving Fisher
C
Robertson
D
J. M. Keynes
Question 108Single Answer
Which one of the following correctly describes the concept of 'Super Multiplier' ?
A
Investment multiplier
B
Money multiplier
C
Interaction between multiplier and accelerator
D
Employment multiplier
Question 109Single Answer
Given
I = 50 + 0.2Y
S = –150 + 0.4Y
G = 50
Where, I = Investment, S = Savings
G = Government Expenditure
Y = National Income
What is the equilibrium level of national income
A
2500
B
1250
C
250
D
1500
Question 110Single Answer
The independence of real variables from changes in money supply and nominal variables is called :
A
Keynesian dichotomy
B
Classical dichotomy
C
Money illusion
D
Money multiplier
Question 111Single Answer
Assuming the probability of a male birth as 0.5, find the chances that a family of 3 children will have two boys and one girl :
A
B
C
D
Question 112Single Answer
Which one of the following measures of central tendency will be the most appropriate to use if the data relates to rates, proportions and ratios ?
A
Arithmetic mean
B
M edian
C
Harmonic Mean
D
Geometric mean
Question 113Single Answer
The sampling distribution of mean based on a sample of 13 units selected without replacement shows a variance of 5 units. If the population consists of 49 units, estimate the variance of the population
A
80.67
B
84.87
C
86.67
D
86.87
Question 114Single Answer
In the classical linear regression model, Xi and Ui are assumed to be :
A
highly correlated
B
not correlated
C
positively correlated
D
negatively correlated
Question 115Single Answer
Identify which one of the following statements is INCORRECT ?
A
Intersection of two disjoint sets is a null set
B
Complement of a Universal set is a null set
C
If X ∩ Y =ϕ, then X-Y ≠X
D
Question 116Single Answer
Given Y = X³ – 12X² + 36X + 8, identify which one of the following is CORRECT :
A
Y is maximum at X = 6, and minimum at X = 2
B
Y is minimum at X= 6, and maximum at X = 2
C
Y has two inflexion points at X = 2 and X = 6
D
Point of optimality is indeterminate
Question 117Single Answer
Identify which one of the following statements is CORRECT :
A
A–1 is equal to Adj (A) if the value of the determinant A is unity
B
If two columns of a determinant are interchanged, the sign of the determinant does not alter
C
The value of a determinant changes if the rows and columns are interchanged
D
Law of division is allowed in matrix operations
Question 118Single Answer
Identify which of the following statements with respect to Linear Programming Problem (LPP) is CORRECT ?
A
A solution is unbounded in an LPP if all the feasible solutions of the problem fall within the boundary created by its constraints
B
If A is primal problem and B its dual, then dual of B is Not A
C
The constraints of an LPP in standard form is always expressed in less than and equal to form
D
If an LPP has two optimum solutions, then it has also infinite number of optimum solutions
Question 119Single Answer
The Net Barter terms of trade refer to :
A
The excess of import expenditures over export earnings
B
Trade agreements
C
The ratio between export prices and import prices
D
The terms and conditions on which a country is offered a loan in the event of balance of payments difficulties
Question 120Single Answer
The items on the capital account of Balance of Payments are :
A
Flow variables
B
Stock variables
C
Changes in stock magnitudes
D
Both Stock and Flow variables
Question 121Single Answer
A sudden shift from import tariffs to free trade may induce short-term unemployment in :
A
Import competing industries
B
Industries that are only exporters
C
Industries that sell domestically as well as export
D
Industries that neither import or export
Question 122Single Answer
The optimum tariff means :
A
Most occur in the elastic range of the tariff imposing home country's offer curve
B
Takes account of the probability that the partner country will retaliate with protective measures of its own
C
Maximises total export sales of the imposing country
D
Must occur in the elastic range of the partner country's offer curve
Question 123Single Answer
The movement from old level of expenditure and taxation to a new and higher level is called :
A
Concentration effect
B
Inspection effect
C
Displacement effect
D
All of the above
Question 124Single Answer
Which method can help in obtaining a welfare improvement, if externalities exist ?
A
Pigovian taxes
B
Regulation
C
Assigning property righs and permitting bargaining
D
All of the above
Question 125Single Answer
The efficiency condition in the production of pure public good requires that the production be carried out up to a point when :
{where MBi, represents marginal Benefit of the 'ith' individual and MBj represents marginal Benefits that accrue to the 'jth' individual and MC is the marginal cost}
A
B
C
D
Question 126Single Answer
The incidence of which of the following will entirely be on the monopolist ?
A
Lump-sum tax
B
Specific tax
C
Regulated monopoly pricing
D
None of these
Question 127Single Answer
Which of the following is NOT a Commercial Bank ?
A
Public Sector Bank
B
Private Sector Bank
C
Regional Rural Bank
D
Co – operative Bank
Question 128Single Answer
Liquidity Adjusment Facility (LAF) was recommended by :
A
C. Rangarajan Committee
B
Raghuram Rajan Committee
C
Narasimhan Committe -II
D
Bimal Jalan Committee
Question 129Single Answer
Which of the following is TRUE for Bank Rate ?
A
Increase in Bank rate by Central Bank would increase money supply keeping other factors constant
B
Bank rate is a qualitative instrument
C
Bank rate is the minimum rate at which the Central Bank provides credit to financial institutions against securities of the government
D
Bank rate is a direct instrument of credit control
Question 130Single Answer
Human Development Index (HDI) currently, as published by the UNDP is calculated by using which of the following ?
A
Geometric mean
B
Arithmetic Mean
C
Harmonic Mean
D
Quadratic mean
Question 131Single Answer
Harrod-neutral technical progress is necessarily :
A
Growth augmenting
B
Laour augmenting
C
Capital augmenting
D
Resource augmenting
Question 132Single Answer
Which among the following is NOT part of the neoclassical theory of growth ?
A
Swan Model
B
Meade's Model
C
Pasinetti Model
D
Solow Model
Question 133Single Answer
If a production function admits both Harrod and Hicks neutral technical progress, the elasticity of subsitution should be :
A
equal to one
B
equal to zero
C
equal to infinity
D
equal to one divided by two
Question 134Single Answer
The total population of city 'X' in 2011 was 28 lakhs adn the total number of live births was 50 thousand. Find out crude birth rate per 1000 population ?
A
178.57
B
1.7857
C
17.857
D
0.17857
Question 135Single Answer
According to Ronald Coase, Which of the following statements is CORRECT for pollution control ?
A
Providing property rights to the state
B
Providing property rights to the legal institutions
C
Providing property rights to polluters and pollutees
D
Providing property rights to Trade Unions
Question 136Single Answer
According to Census 2011, which one of the following states has the highest share of rural population ?
A
Bihar
B
Odisha
C
Uttar Pradesh
D
Himachal Pradesh
Question 137Single Answer
At present, for the estimation of GDP in India at constant prices, which one of the following years is used as the base year ?
A
2011-12
B
2010-11
C
2014-15
D
2000-01
Question 138Single Answer
Which of the following statement is CORRECT for 'Atmanirbhar Bharat Rozgar Yojana' launched on November 12, 2020 ?
A
Establishments which make new hires will get a subsidy to cover retirement fund contribution by employees and employers for 2 years
B
Establishment will get a subsidy of Rs 10 crore for period of 5 years
C
Establishment will get tax profit continuously for a period of 3 years
D
Establishment will get tax subsidy for 5 years
Question 139Single Answer
The 15th Finance Commission (FC) has recommended that the States be given what per cent of the divisible tax pool of the Centre during the period 2021-2022 to 2025-26 ?
A
51
B
31
C
41
D
61
Question 140Single Answer
Which of the following sectors of the economy registered highest growth rate in the second quarter of 2020-21 as per estimate of NSO ?
A
Manufacturing
B
Electricity, Gas, Water supply and other Utilit services
C
Agriculture and Allied sectors
D
General Administration
Question 141Single Answer
Which of the following measures are used by a risk-averse person to minimize risk ?
(a) Diversification of resources
(b) Insurance of risk event
(c) Total cost of resources
(d) Value of information of risk event
Choose the correct answer from the options given below :
A
(a), (b) and (c) only
B
(a), (b) and (d) only
C
(b), (c) and (d) only
D
(a), (c) and (d) only
Question 142Single Answer
Which of the following statements are CORRECT for welfare economics ?
(a) Any competitive equilibrium leads to a pareto efficient allocationof resources
(b) Competitive equilibrium does not lead to Pareto efficient allocation of resources
(c) Any efficient allocation can be attained by a competitive equilibrium given the market mechanism leading to redistribution
(d) There will be no Pareto efficient allocation of resources in the society
Choose the correct answer from the options given below :
A
(a), (b) and (c) only
B
(a) and (c) only
C
(b) and (c) only
D
(c) and (d) only
Question 143Single Answer
Which of the following conditions hold true for factor pricing when factor market is perfectly competitive and product market is monopolistic ?
(a) VMP > MRP
(b) Both VMP and MRP decreasing
(c) VMP < MRP
(d) MRPL = W
Choose the correct answer from the option given below :
A
1, 2 and 3 only
B
2, 3 and 4 only
C
1, 2 and 4 only
D
1, 3 and 4 only
Question 144Single Answer
Which of the following functions will result in an investment multiplier of value 4 ?
(a) C = 50 + .25 Y
(b) C = 50 + 0.75 Y
(c) S = – 50 + .25Y
(d) I = 50 + .75 Y
Choose the correct answer from the option given below :
A
(a) and (c) only
B
(c) and (d) only
C
(a) and (d) only
D
(b) and (c) only
Question 145Single Answer
Which of the following are CORRECT ?
(a) If observations are selected purposively, it is called a method of non-random sampling
(b) If observations are selected in an ad-hoc manner, it is called a method of non-random sampling
(c) If observations are selected in a systematic manner it is called a method of non-random sampling
(d) If observations are selected on the basis of judgment, it is called a method of non-random sampling
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(b), (c) and (d) only
C
(a), (c) and (d) only
D
(a), (b) and (d) only
Question 146Single Answer
Which are the following correct features of matrices ?
(a) An identity matrix is a square matrix
(b) An identity matrix when gets transposed remains an identity matrix
(c) (A.B)T = AT. BT where A and B are matrices
(d) (A–1)T = (AT)–1 where A is a matrix
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(b) and (c) only
C
(a) and (c) only
D
(c) and (d) only
Question 147Single Answer
When the exchange rate changes from 1$ = Rs 72 to 1$ = Rs 68, then the :
(A) Rupee has depreciated
(B) Dollar has depreciated
(C) Rupee has appreciated
(D) Dollar has appreciated
Choose the correct answer from the option given below :
A
(a) and(d) only
B
(b) and (c) only
C
(c) and (d) only
D
(a) and (b) only
Question 148Single Answer
Which of the following are a source of market failure ?
(a) The existence of public goods
(b) The presence of externalities
(c) The fact that some goods are rivals in consumption
(d) The existence of monopolies
Choose the correct answer from the option given below :
A
(a), (b) and (d) only
B
(a), (b) and (c) only
C
(b), (c) and (d) only
D
(a), (c) and (d) only
Question 149Single Answer
Which of the following would reduce the credit creaton capacity of a commercial Bank ?
(a) Time and Demand deposits
(b) Loans
(c) Deposits with the Central Bank
(d) Cash in hands
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(b) and (c) only
C
(c) and (d) only
D
(a) and (d) only
Question 150Single Answer
Which of the following measres would result in an increase in the money supply in the economy ?
(a) Purchase of goverment securities from the public by Central Bank
(b) Deposit of currency in Commercial Banks by the public
(c) Borrowing by the government from the Central Bank
(d) Sale of government securities to the public by the Central Bank
(e) Minting of more money by the Central Bank for circulation
Choose the correct answer from the options given below :
A
(a), (c) and (e) only
B
(b), (c) and (d) only
C
(a), (b) and (c) only
D
(b), (d) and (e) only
Question 151Single Answer
Inequalities in income are measured by which of the following ?
(a) Lorenz Ratio
(b) Theil's Index
(c) Palma Ratio
(d) Deprivation Ratio
Choose the correct answer from the option given below :
A
(a) only
B
(a) and (b) only
C
(a) and (d) only
D
(a), (b) and (c) only
Question 152Single Answer
In which of the followingways have there been structural changes in agricultural and rural areas in India ?
(a) Crop diversification within agriculture sector
(b) Diversification from livestock to crop husbandry
(c) Diversification from non-commercial crops to commercial crops
(d) Diversification from traditional inputs to modern inputs
Choose the correct answer from the option given below :
A
(a), (c) and (d) only
B
(a), (b) and (c) only
C
(a), (b) and (d) only
D
(b), (c) and (d) only
Question 153Single Answer
With reference to the programme 'NIDHI' which of the following statement(s) is/are CORRECT ?
(1) The programme of 'NIDHI' was started for students to begin statups
(2) Its aim is to financially support 20 students for startups each year
(3) Its aim is to financially support 200 students for statups each year
(4) Its aim is to financially support only students of backward classes to start up each year
Choose the correct answer from the option given below :
A
(a) and (d) only
B
(a) and (b) only
C
(a), (c) and (d) only
D
(c) and (d) only
Question 154Single Answer
Which of the following statements are CORRECT in regard to FDI in India in FY 2020 ?
(A) Share of services sector is highest
(B) Share of infrastructure activities is highest
(C) Share of computer hardware and software is in the second position
(D) Share of telecommunications is highest
Choose the correct answer from the option given below :
A
(a) and (c) only
B
(b) and (c) only
C
(b) only
D
(c) and (d) only
Question 155Single Answer
Consider the following statements about the rational expectations model :
(1) Monetary policy cannot affect output and employment
(2) Unanticipated changes will not affect real variables in the very short run
(3) There is equilibrium in the markets
(4) Economic agents use all relevant available information to form their expectations
Choose the correct answer from the option given below :
A
(a), (c) and (d) only
B
(a), (b) and (c) only
C
(b), (c) and (d) only
D
(a), (b), (c) and (d) only
Question 156Single Answer
In the context of investments, which of the following statements(s) is/are CORRECT ?
(a) According to the accelerator model, investment demand is proportional to change in income
(b) The higher the real interest rate, the higher is the rental cost of capital
(c) Investment is a stock variable
(d) The real rate of interest is equal to the nominal rate of interest plus the inflation rate
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(a) and (d) only
C
(b) and (c) only
D
(c) and (d) only
Question 157Single Answer
Which of the following statement are CORRECT for correlation analysis ?
(a) Degree of linear association is measured between two variables
(b) Predictability is not part of correlation analysis
(d) Spearman has no contribution to correlation analysis
(d) Cause and effect relationship is established through correlation analysis
Choose the correct answer from the option given below :
A
(a) and (c) only
B
(b) and (c) only
C
(a) and (b) only
D
(a) and (d) only
Question 158Single Answer
Which of the following are NOT properties of Cobb-Douglas production function ?
(a) Cobb-Doulglas production function is a homogeneous production function
(b) Curve representing average and marginal productivity of inputs are not downward sloping
(c) Marginal productivity of labour and capital in Cobb-Douglas production function are functions of the capital-labour ratio
(d) Iso-quants of Cobb-Douglas production functions are positively sloped
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(b) and (d) only
C
(b) and (c) only
D
(c) and (d) only
Question 159Single Answer
Improvement in the balance of payments deficit may be effected through :
(a) Import controls
(b) Export promotion
(c) Foreign exchange control
(d) Devaluation
Choose the correct answer from the option given below :
A
(a), (b), (c) and (d)
B
(a) and (b) only
C
(c) and (d) only
D
(a), (b) and (c) only
Question 160Single Answer
Which of the following are relavant conditions assumed by the Factor price Equalization theorem ?
(1) The countries are characterized by different factor endowments
(2) The countries are characterized by different production functions
(3) The industires are characterized by different factor inensities
(4) Each country will export the commodity which uses it abundant factor
Choose the correct answer from the option given below :
A
(a), (b) and (c)
B
(a), (c) and (d) only
C
(c), (b) and (d) only
D
(b), (c) and (d) only
Question 161Single Answer
Zero Based Budgeting (ZBB) lays emphais on :
(a) Allocation of resources based on cost-benefit terms
(b) Unlimited deficit financing
(c) Preparing a new budget, right from the scratch
(d) Preparing the budget, neglecting the history of expenditure
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(a), (c) and (d) only
C
(b), (c) and (d) only
D
(a), (b) and (d) only
Question 162Single Answer
Which of the following statements are relevant for Gender Budgeting ?
(1) Preparing a separate budget fo women
(2) Gender budget is not practised by the Government of India
(3) Evaluating budgetary provisions with a gender perspective
(4) Gender budgeting is a tool for Gender Empowerment
Choose the correct answer from the option given below :
A
(a) only
B
(a) and (d) only
C
(c) and (d) only
D
(a), (b), (c) and (d)
Question 163Single Answer
Which of the following are true for the Environmental Kuznets Curve (EKC) ?
(a) The relationship between income and Environmental damages take the shape of an inverted U
(b) EKC is applicable in case of irreversible environmental damage
(c) EKC holds true for global pollutants
(d) EKC hypothesis intends to represent a long term relationship between economic growth and pollution
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(a) and (d) only
C
(c) and (d) only
D
(a), (b), (c) and (d)
Question 164Single Answer
Which of the following statement(s) is/are CORRECT for environmental evaluation ?
(a) Travel cost method measures the recreational values of Environmental Resources
(b) Hedonic pricing is used for environmental amenities associated with property value
(c) Replacement cost method is used by substituting natural resources with a man-made equipment
(d) Defensive expenditure deals with preventive measures
Choose the correct answer from the options given below :
A
(a) and (b) only
B
(b) and (c) only
C
(c) only
D
(a), (b), (c) and (d)
Question 165Single Answer
Match the List – I with List – II :
List – I List - II
(a) Perfect competition l. Many real or perceived differences in products
(b) Monopoly ll. Litle or no difference in products
(c) Monopolistic competition lll. Identical products
(d) Oligopoly lV. Product without close substitutes
Choose the correct answer from the options given below :
A
A B C D
III IV I II
B
III I II IV
C
II IV I III
D
III IV II I
Question 166Single Answer
Match the List – I with List – II :
List – I List - II
(a) Menu cost I. Monetary Policy
(b) Quantitative Easing II. Inflation
(c) Pump Priming III. Phillips curve
(d) Trade-off between inflation and unemployment IV. Fiscal policy
Choose the correct answer from the options given below :
A
A B C D
II I IV III
B
I II III IV
C
III IV I II
D
IV III II I
Question 167Single Answer
Match the List – I with List – II :
List – I List - II
(a) Carl Friedrich Gauss I. Central Tendency
(b) Multicollinearity II. OLS
(c) Mode III. Karl Pearson
(d) Correlation coefficient IV. Relationship among explanatory variables
Choose the correct answer from the options given below :
A
A B C D
IV I II III
B
III IV I II
C
II IV III I
D
II IV I III
Question 168Single Answer
Match the List – I with List – II :
List – I List - II
(a) Convex Function I. Basic variable
(b) Input-Output Analysis II. Use of Derivative
(c) Linear Programming III. Hawkins-Simon condition
(d) Marginal Propensity to Consume IV. Demand Curve
Choose the correct answer from the options given below :
A
A B C D
IV III I II
B
II III I IV
C
III IV I II
D
IV I III II
Question 169Single Answer
Match the List – I with List – II :
List – I List - II
(a) Supply side of International Trade I. David Ricardo
(b) Demand side of International Trade II. Bustable and Alfred Marshall
(c) Opportunity cost of International Trade III. G. Haberler
(d) Real cost theory of International Trade IV. Alfred Marshall and Edgeworth
Choose the correct answer from the options given below :
A
A B C D
I IV II III
B
IV I II III
C
I IV III II
D
IV I III II
Question 170Single Answer
Match the List – I with List – II :
List – I List - II
(a) Canons of Taxation I. U. K. Hicks
(b) Canons of Public Expenditure II. Adam Smith
(c) Effective Incidence of Tax III. Findlay Shirras
(d) Benefit received approach of Public Expenditure IV. Erik Lindahl
Choose the correct answer from the options given below :
A
A B C D
II III I IV
B
I II III IV
C
II III IV I
D
IV I II III
Question 171Single Answer
Match the List – I with List – II :
List – I List - II
(a) Security Exchange Board of India (SEBI) I. 1991
(b) National Securities Depository Ltd (NSDL) II. 1992
(c) Credit Rating Information Service of India ltd (CRISIL) III. 1988
(d) Investment Information and Credit Rating Agency of India (ICRA) IV. 1996
Choose the correct answer from the options given below :
A
A B C D
I II III IV
B
IV III II I
C
III II IV I
D
II IV III I
Question 172Single Answer
Match the List – I with List – II :
List – I List - II
(a) Adam Smith I. Theory of Big Push
(b) R. Rodan II. Traditional Society
(c) W. W. Rostow III. Reserve army of labour
(d) Karl Marx IV. Division of labour
Choose the correct answer from the options given below :
A
A B C D
IV I II III
B
II III I IV
C
III II IV I
D
I IV III II
Question 173Single Answer
Match the List – I with List – II :
List – I List - II
(a) Conserving the Environment for benefit of the future generation I. Indirect use value
(b) Search of Alternative fuels is necessary because traditional sources are non-renewable II. Option Value
(c) Wood from the forest is useful as timber III. Bequest Value
(d) Insects are important as they help in pollination IV. Use Value
Choose the correct answer from the options given below :
A
A B C D
I II III IV
B
III II IV I
C
II IV I III
D
III IV II I
Question 174Single Answer
Match the List – I with List – II :
List – I List - II
(a) NIRVIK I. A project directed to provide piped cooking gas to millions of households
(b) Ayshman Bharat II. A scheme to enhance energy efficiency
(c) Pradhan Mantri Urja Ganga (PMUG) III. Export credit insurance scheme
(d) Perform, Achieve and Trade (PAT) IV. Programme related to health issues in the primary, secondary and tertiary sectors
Choose the correct answer from the options given below :
A
A B C D
II III I IV
B
III IV II I
C
II IV III I
D
III IV I II
Question 175Single Answer
Arrange the following concepts of consumer behaviour in chronological order
(a) Law of diminishing marginal utility
(b) Law of demand
(c) Revealed Preference Analysis
(d) Indifference Curve Analysis
Choose the correct answer from the options given below :
A
(a), (b), (d), (c)
B
(b), (a), (d), (c)
C
(b), (a), (c), (d)
D
(a), (b), (c), (d)
Question 176Single Answer
Arrange the following business cycles in ascending order in terms of their approximate duration .
(a) Kondratiev cycle
(b) Kitchin cycle
(c) Jugular cycle
(d) Kuznets cycle
Choose the correct answer from the options given below :
A
(c), (b), (a), (d)
B
(b), (c), (d), (a)
C
(a), (c), (b), (d)
D
(d), (a), (c), (b)
Question 177Single Answer
Identify the proper sequence in the traditional econometic methodolgy of conducting research :
(a) Data collection
(b) Policy prescription
(c) Testing of hypothesis
(d) Formulation of hypothesis
Choose the correct answer from the options given below :
A
(d), (a), (b), (c)
B
(a), (d), (b), (c)
C
(d), (a), (c), (b)
D
(a), (b), (c), (d)
Question 178Single Answer
What is the CORRECT sequence of the following ?
(a) Uruguay Round
(b) Kennedy Round
(c) Doha Round
(4) Geneva Round
Choose the correct answer from the options given below :
A
(d), (b), (a), (c)
B
(b), (d), (c), (a)
C
(a), (b), (c), (d)
D
(c), (a), (b), (d)
Question 179Single Answer
Arrange the introduction of the following taxes in India in chronological order :
(a) Service Tax
(b) Income Tax
(c) Banking Transaction Tax
(d) Gift Tax
(e) Goods and services Tax
Choose the correct answer from the options given below :
A
(b), (d), (a), (c), (e)
B
(b), (a), (c), (e), (d)
C
(b), (c), (a), (d), (e)
D
(d), (b), (a), (c), (e)
Question 180Single Answer
Arrang ethe following committees appointed for the Banking sector in India in chronological order :
(a) Urjit patel Committee
(b) Goiporia Committee
(c) Narasimham Committee - I
(d) Chakravarty Committee
Choose the correct answer from the options given below :
A
(d), (c), (b), (a)
B
(a), (c), (d), (b)
C
(c), (b), (d), (a)
D
(d), (b), (c), (a)
Question 181Single Answer
Arrange the following in chronological order in which they were introduced :
(a) SDGs
(b) MPI
(c) PQLI
(d) HDI
Choose the correct answer from the options given below :
A
(d), (c), (a), (b)
B
(c), (d), (b), (a)
C
(c), (b), (a), (d)
D
(d), (c), (b), (a)
Question 182Single Answer
Arrange the following United Nations Framework Convention on Climate Change (UNFCCC) conferences in chronological order :
(a) Copenhagen Conference
(b) Doha Conference
(c) Paris Conference
(d) Katowice Conference
Choose the correct answer from the options given below :
A
(b), (c), (d), (a)
B
(d), (c), (b), (a)
C
(a), (b), (c), (d)
D
(a), (a), (a), (a)
Question 183Single Answer
Consider some of the schemes/programs introduced by the government of India to enhance agriculture productivity and farmer's income. Arrange them in chronological order of their appearance.
(a) Soil Health Card Scheme
(b) Kisan Credit Card Scheme
(c) Pradhan Mantri Fasal Bima Yojna
(d) Doubling Farmers' income Program
Choose the correct answer from the options given below :
A
(a), (b), (c), (d)
B
(b), (a), (c), (d)
C
(b), (c), (a), (d)
D
(b), (a), (d), (c)
Question 184Single Answer
Arrange the following Committees of poverty estimation in chronological order :
(a) Alagh Committee
(b) Lakdawala Committee
(c) Tendulkar Committee
(d) Rangarajan Committee
Choose the correct answer from the options given below :
A
(a), (b), (c), (d)
B
(a), (c), (b), (d)
C
(b), (c), (a), (d)
D
(b), (a), (c), (d)
Question 185Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : A lumpsum tax imposed on a monopolist cannot be shifted to the consumers.
Reason (R) : The lumpsum tax becomes a part of his fixed cost and it does not affect the marginal cost of production.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is Not the correct explanation of (A)
C
(A) is correct, but (R) not correct
D
(A) is not correct, but (R) is correct
Question 186Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : There is no incentive for a profit maximising producer to supply public goods.
Reason (R) : If he produces, it, he is unable to exclude people from consuming it and hence he cannot charge a price.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is Not the correct explanation of (A)
C
(A) is correct, but (R) not correct
D
(A) is not correct, but (R) is correct
Question 187Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : New capital accumulation is the vehicle of technical progress.
Reason (R) : Technical progress is embodies in new machines.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are true and (R) is the correct explanation of (A)
B
Both (A) and (R) are true, but (R) is Not the correct explanation of (A)
C
(A) is true, but (R) is false
D
(A) is false, but (R) is true
Question 188Single Answer
Given below are two statements
Statement I (A) : Social Welfare Function(SWF) is a soft of social indiffernce map consisting or the Social Indifference Curves (SICs) which shows the various combination of utilities that gives the same level of social welfare (SW)
Statement II (R) : Social Indifference Curves (SICs) may no be convex or cocave to the origin
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both Statement I and Statement II are correct
B
Both Statement I and Statement II are incorrect
C
Statement I is correct but Statement II is incorrect
D
Statement I is incorrect but Statement II is correct
Question 189Single Answer
Given below are two statements
Statement I (A) : One of the assumptions under OLS method states that the regresion model is linear in the parameters, though it may or may not be linear in the variables.
Statement II (R) : The variance of the error, or disturbance, term is not the same regardless of the value of the explanatory variable under OLS.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both Statement I and Statement II are correct
B
Both Statement I and Statement II are incorrect
C
Statement I is correct but Statement II is incorrect
D
Statement I is incorrect but Statement II is correct
Question 190Single Answer
In the study of International Economics, we use the tools of :
A
Microeconomic theory only
B
Macroeconomic theory only
C
Neither micro nor macro economic theory
D
Both micro and macro economic theory but we all extend, adapt and integrate them
Question 191Single Answer
Match the List – I with List – II :
List – I List - II
(a) Karl Marx Theory of Population growth (i) Static interpretation
(b) Blacker’s Theory of Population growth (ii) Three stages
(c) Landry’s Theory of Population growth (iii) Four stages
(d) Prof. Sidgwick’s Optimum Population Theory (iv) Five stages
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(ii) (iii) (iv) (i)
B
(i) (ii) (iii) (iv)
C
(iii) (iv) (ii) (i)
D
(iv) (ii) (i) (iii)
Question 192Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : High powered money is the source of all other forms of money that impact money supply.
Reason (R) : Credit is created by commercial banks.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are true and (R) is the correct explanation of (A)
B
Both (A) and (R) are true, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) not correct
D
(A) is not correct, but (R) is correct
Question 193Single Answer
Which one of the following is a valid objective function as a linear programming problem ?
A
Max Z = 5x²y
B
Max Z = 3x + 2y + 8xy
C
Min Z = 2x² + 3y²
D
Min Z = 5x + 2y
Question 194Single Answer
Transportation cost of trade affects :
(a) Pattern of trade
(b) Boundaries between tradable and non-tradable goods
(c) Global supply chains
(d) Boundaries of non-tradable goods
Choose the correct answer from the options given below :
A
(a) and (b) only
B
(a), (b) and (c) only
C
(a), (b), (c) and (d) only
D
(d) only
Question 195Single Answer
Presence of asymmetric information in the market causes which of the following ?
(a) Adverse selection
(b) Marginal benefits of an additional unit of resources diminish with an increasing number of unit of resources
(c) Efficiency wages
(d) Principal-Aent problem
Choose the correct answer from the option given below :
A
(a), (b) and (d) only
B
(b), (c) and (d) only
C
(a) and (d) only
D
(a) and (c) only
Question 196Single Answer
For the production function, Q = ALαKß
(a) The Coefficient A shows managerial efficiency
(b) If α + ß > 1, then the production function exhibits increasing return to scale
(c) Marginal Rate of Technical Substitution of L for K is given by
(d) The Marginal Product of Capital is given by
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(a), (b) and (d) only
C
(a), (c) and (d) only
D
(a), (b), (c) and (d) only
Question 197Single Answer
Match the List – I with List – II :
List – I List - II
(a) Critical Minimum Effor Theory (i) C.P. Blacker
(b) Neo-Classical Growth Model (ii) W.W. Rostow
(c) Demographic Transition Theory (iii) R. Solow
(d) Age of High Mass Consumption (iv) H. Leibenstein
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(ii) (i) (iii) (iv)
B
(iii) (iv) (ii) (i)
C
(i) (ii) (iv) (iii)
D
(iv) (iii) (i) (ii)
Question 198Single Answer
"The best system of taxation from the economic point of view is that which has the best or the least bad economic effects". Who said this ?
A
Musgrave
B
Marshall
C
Hugh Dalton
D
Pigou
Question 199Single Answer
Labour force participation rate is given by :
A
B
C
D
Question 200Single Answer
The solution of the following game is given by
A
Value of game = 2. Best strategy for players A and B are (A1,B1) respectively
B
Value of game = 2. Best strategy for player A and B are (A1, B1) or (A3, B1) or (A3, B1) respectively
C
Value of game = 2. Best strategy for Players A and B are (A3, B1) respectively
D
Value of game = 2. Best strategy for Players A and B are (A1, B3) respectively
Question 201Single Answer
Given below are two statements.
Statement I : The endogeneous growth theorists suggest, investment in human capital, innovation and knowledge leads to economic growth.
Statement II : Investment in human capital, innovation and knowledge reduces the diminishing returns on investment.
In light of the above statements, choose the most appropriate answer from the options given below :
A
Both Statement I and Statement II are correct
B
Both Statement I and Statement II are incorrect
C
Statement I is correct, but Statement II is incorrect
D
Statement I is incorrect, but Statement II is correct
Question 202Single Answer
Which of the following equations represent national income identit ?
(a) Y = C + I + X
(b) Y = C + I + G + S
(c) Y = C + I + G + (X – M)
(d) Y = C + I + G + M
Choose the correct answer from the option given below :
A
(a) only
B
(c) only
C
(b), (c) and (d) only
D
(a), (b) and (d) only
Question 203Single Answer
Match the List – I with List – II :
List – I List - II
(a) Absolute Advantage Theory of International Trade (i) Heckscher Ohlin
(b) Factor Proportion Theory of Trade (ii) Marshall
(c) Offer Curves (iii) Adam Smith
(d) Opportunity Costs (iv) Haberler
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(i) (ii) (iii) (iv)
B
(iii) (i) (ii) (iv)
C
(i) (iii) (iv) (ii)
D
(iii) (i) (iv) (ii)
Question 204Single Answer
Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : If A is any Matrix given by A = , then det A = 0 since all elements in column II are zero. Reason (R) : Laplace expansion permits evaluation of a determinant along any row or column.
In the light of the above statement, choose the correct answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is correct
D
(A) is correct, but (R) is correct
Question 205Single Answer
According to traditional neoclassical growth theory, output growth results from :
(a) Increase in labour quantity and quality
(b) Increase in capital
(c) Increase in exports
(d) Improvement int echnology
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(a) and (b) only
C
(b) and (c) only
D
(a), (b) and (c) only
Question 206Single Answer
Match the List – I with List - II
List – I List - II
(a) Linear Function (i) y = 3x² + 2x+ 9
(b) Quadratic Function (ii) y = 5³
(c) Exponential Function (iii) y = 3e^2 x
(d) Power Function (iv) y = 5x+3
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(iv) (i) (iii) (ii)
B
(iv) (i) (ii) (iii)
C
(iv) (ii) (iii) (i)
D
(i) (ii) (iii) (iv)
Question 207Single Answer
Which one of the following statements is wrong ?
A
67% of Indian agriculurists are marginal landholders with less than 1 hectare
B
10% of agriculturists have 10 hectares of more
C
In the rural sector, land is the principal source of income
D
Due to the high growth of population, the average size of landholding is small
Question 208Single Answer
Cross elasticity of demand of metro rides is 9.8 and total ridership per day is 1.5 Lakh. If price of bus rides rises by 5%m, the change in total metro rides will be :
A
4000
B
5000
C
6000
D
7500
Question 209Single Answer
For any two equally likely, exhaustive and independent events A and B, P(AB) will be equal to :
A
0
B
0.25
C
0.50
D
1
Question 210Single Answer
Which one of the following Price Index number satisfy the Factor Reversal Test ?
A
Laspeyres Price Index Number
B
Paasche's Price Index Number
C
Walsh's Price Index Number
D
Fisher's Price Index Number
Question 211Single Answer
Match the element of List – I with List – II :
List – I List - II
(a) Chamberlin (i) Small group model
(b) Sweezy (ii) Kinked demand curve
(c) Stackelberg (iii) Price leadership model
(d) Fellner (iv) Reaction curves
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(i) (iii) (iv) (ii)
B
(ii) (i) (iii) (iv)
C
(ii) (i) (iv) (iii)
D
(i) (ii) (iv) (iii)
Question 212Single Answer
The number of districts initially selected from states under the Intensive Area Development Programme (1960) .
A
One district from each state
B
Three district from three states
C
Five districts from five states
D
Seven districts from seven states
Question 213Single Answer
Given below are two statements :
Statement I : The Rybczynski theorem postulates that at constant commodity prices, an increase in the endowment of one factor will increase by a greater proportion the output of the commodity, intensive in that factor and will reduce the output of the other commodity.
Statement II : The Stolper-Samuelson theorem postulates that an increase in the relative price of a commodity (for example as a result of a tariff) decreases the return or earnings of the factor used intensively in the production of the commodity.
In light of the above statements, choose the correct answer from the options given below :
A
Both Statement I and Statement II are true
B
Both Statement I and Statement II are false
C
Statement I is correct, but Statement II is false
D
Statement I is incorrect, but Statement II is true
Question 214Single Answer
Seigniorage in banking means :
(a) The economic cost of providing a currency within a given economy
(b) The difference between the face value of money and the cost of providing it
(c) The cost involved in running ATMs
(d) The costs of making debit/credit cards in an economy
Choose the correct answer from the option given below :
A
(a) and (c) only
B
(b) and (c) only
C
(b) and (d) only
D
(a) and (b) only
Question 215Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : Marshall-Learner condition should be fulfilled for the success of devaluation.
Reason (R) : Devalution makes exports costly and Imports cheaper.
In the light of the above statement, choose the correct answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is not correct
D
(A) is not correct, but (R) is correct
Question 216Single Answer
If the distrubance term is heteroscedastic, which one of the responses based on given statements is true ?
(a) OLS estimates are biased
(b) OLS estimates do not have the minimum variance property
(c) Tests of significance based on OLS estimates will be inaccurate
(d) OLS estimates are incosistent
Choose the correct answer from the option given below :
A
(a) and (b) are true only
B
(a) and (c) are true only
C
(b) and (c) are true only
D
(a) and (d) are true only
Question 217Single Answer
According to Economic Survey, 2019, the top five trading partners of India continue to be USA, China, UAE and :
(1) Saudi Arabia
(2) Hong Kong
(3) Singapore
(4) Srilanka
Choose the correct answer from the option given below :
A
(c) and (d) only
B
(b) and (c) only
C
(a) and (d) only
D
(a) and (b) only
Question 218Single Answer
Given below are two statements :
Statement I : Learning curve effect is related to a firm's long-run average cost curve.
Statement II : A swapped allocation is one that is Pareto efficient as well as an equiable alocation.
In light of the above statement, choose the correct answer from the options given below :
A
Both Statement I and Statement II are true
B
Both Statement I and Statement II are false
C
Statement I is correct, but Statement II is false
D
Statement i is incorrect; but Statement II is true
Question 219Single Answer
Which of the following are foms of government borrowing ?
(1) Drawing from treasury
(2) Printing of currency notes
(3) Borrowing from non-bank public institutionsd
(4) Borrowingfrom the banking systems
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(a), (b) and (d) only
C
(a), (b), (c) and (d)
D
(a) and (d) only
Question 220Single Answer
Arrange the following growth economists in chronological order of when they proposed their theories :
(a) Harrod
(b) Schumpeter
(c) Rostow
(d) Solow
Choose the correct option from those given below :
A
(b) (a) (c) (d)
B
(c) (d) (b) (a)
C
(a) (c) (b) (d)
D
(d) (b) (a) (c)
Question 221Single Answer
If no industry (sector) draws its own output as input, then the principal diagonal element in the Technological Coefficient Matrix will be :
A
–1
B
+1
C
Zero
D
Infinity
Question 222Single Answer
The combined liabilities of Centre and States as a percentage of GDP during the two years 2016–17 and 2017–18 consolidated is at :
A
69 per cent
B
67 per cent
C
68 per cent
D
66 per cent
Question 223Single Answer
According to the last Census (2011), which Indian state has the minimum sex ratio ?
A
Punjab
B
Delhi
C
Bihar
D
Haryana
Question 224Single Answer
White revolution refers to boost in the production of :
A
Rice
B
Milk
C
Egg
D
Honey
Question 225Single Answer
Given the production function, Q = 10 L0.8 K0.2, the Marginal Product of Labour (MPL) and Capital (MPK), respectively are given by :
(1) MPL = 8 (K/L)0.2
(2) MPL = 8 (L/K)0.2
(3) MPK = 2 (L/K)0.8
(4) MPK = 2 (K/L)0.8
Choose the correct answer from the option given below :
A
(a) and (d) are true only
B
(a) and (c) are true only
C
(b) and (c) are true only
D
(b) and (d) are true only
Question 226Single Answer
Which of the following are Hawkins-Simon conditions ?
(a) Determinant A should be positive
(b) Determinant (I-A) should be positive
(c) Determinant (I-A) should be negative
(d) Principal diagonal elements of Matrix (1-A) should be positive
Choose the correct answer from the option given below :
A
(a) and (c) are true only
B
(a) and (d) are true only
C
(b) and (d) are true only
D
(c) and (d) are true only
Question 227Single Answer
Given below are two statements :
Statement I : Mrs Ursula K. Hicks stated that "Private finance, whether of firms or individuals, starts with a given income plan as a framework within which expenditure must be planned ; public finance, on the contrary, starts with a given expenditure plan and the authorities adjust their income by means of taxes and resources to match the expenditure"
Statement II : Prof. Shiras pointed out that "public authorities differ from private expenditure in that the former should balance income and should not necessarily seek as profit in the manner that an individiual would"
In light of the above statements, choose the correct answer from the options given below :
A
Both Statement I and Statement II are true
B
Both Statement I and Statement II are false
C
Statement I is true, but Statement II is false
D
Statement I is false, but Statement II is true
Question 228Single Answer
A leftward shift in labour demand curve is caused by :
A
Increase in wage rate
B
Decrease in wage rate
C
Increase in marginal productivity of labour
D
Decrease in marginal productivity of labour
Question 229Single Answer
Markowitz theory of portfolio management considers which of the following assumptions ?
(1) Investors are pessimistic about start-ups but optimistic about an established business
(2) Investors have free access to fair and correct information on return and risk
(3) Investors have a tendency to lean towards cryptourrencies
(4) Investors are rational and maximize their utility with a given level of income and money
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(b) and (d) only
C
(c) and (d) only
D
(a) and (c) only
Question 230Single Answer
Harrod-Domar considers a functional economic relationship in which the growth rate of the gross domestic product depends :
(a) Direct on the national net savings rate
(b) Inversely on the national capital – output ratio
(c) Directly on industrial growth
(d) Inversely on agricultural growth
Choose the correct answer from the option given below :
A
(a) and (b) only
B
(a) and (c) only
C
(b) and (d) only
D
(c) and (d) only
Question 231Single Answer
Overshooting model of exchange rate developed by economist Rudi Dornbush, attempts to establish :
A
The fact why the foreign exchange market is never in equilibrium
B
Relationship between sticky prices and volatile exchange rates
C
The fact the forward rates of exchange are not good predictors of future spot rates of exchange
D
No relationship between sticky prices and volatile exchange rates
Question 232Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : Compared to a certain point on the Contract curve, a point above the Contract curve is more efficient.
Reason (R) : The Contract curve represents the locus of points where the marginal rate of substitution between two goods is the same for both individuals.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is not correct
D
(A) is not correct, but (R) is correct
Question 233Single Answer
Absolute income hypothesis explains :
A
Consumer behaviour
B
Producer behaviour
C
Inflation
D
Government expenditure
Question 234Single Answer
The government multiplier is given by (where c = MPC and t = tax rate)
A
B
C
D
Question 235Single Answer
GDP expressed in terms of current prices is called :
A
Real GDP
B
Net Domestic Product
C
Nominal GDP
D
Gross National Product
Question 236Single Answer
A growth model in which there are diminishing returns on each factor of production but constant returns to scale and exogenous technological change that generates long term economic growth is the :
A
Leibenstein model
B
A.K. Sen model
C
Kalecki mode
D
Solow model
Question 237Single Answer
A time series, under the conditions E(xt) = µ and Cov (xt, xt+k) = y(k) is said to be :
A
Strictly Stationarity
B
Non Stationarity
C
Weakly Stationarity
D
Can't be defined
Question 238Single Answer
Which one of the following is not the objective of IMF ?
A
To promote international monetary cooperation
B
To ensure balanced international trade
C
To ensure exchange rate stability
D
To provide loans to the private sector
Question 239Single Answer
Population Density refers to :
A
Number of male persons per square kilometer
B
Number of persons per cubic kilometer
C
Number of persons per square kilometer
D
Number of persons per 10 kilometer
Question 240Single Answer
Forward exchange rates are useful for those who wish to :
(a) Protect themselves from the risk that the exchange rate will change before a transaction is completed
(b) Gamble that a currency will rise in value
(c) Gamble that a currency will fall in value
(d) Exchange curencies at a point in time in the future
Choose the correct answer from the option given below :
A
(a), (b) and (c) only
B
(a) and (b) only
C
(a) and (c) only
D
(a), (b), (c) and (d) only
Question 241Single Answer
Maximum Social Welfare is guaranteed where a competitive firm exhibits the following condition [where MRPTxy is Marginal Rate of Product Transformation of x for y]
A
B
C
D
Question 242Single Answer
The concept of Goods and Service Tax (GST) is originated in :
A
Canada
B
Britain
C
Germany
D
USA
Question 243Single Answer
Which of the following are the three states which secured the highest percentage of intershare of tax revenue among states, as per recommendations of the 14th Finance Commission ?
(a) Uttar Pradesh
(b) Bihar
(c) Madhya Pradesh
(d) Andhra Pradesh
Choose the correct answer from the option given below :
A
(a), (b) and (d) only
B
(a), (c) and (d) only
C
(a), (b) and (c) only
D
(b), (c) and (d) only
Question 244Single Answer
Given the Total Cost, TC = Q³ – 10Q² + 60Q, what will be the Minimum average cost ? At what level of output will the minimum cost occur ? (Q is the level of output)
A
Minimum average cost is ACMin = 35 at Q = 5
B
Minimum average cost is ACMin = 175 at Q = 5
C
Minimum average cost is ACMin = 170 at Q = 1
D
Minimum average cost is ACMin = 45 at Q = 1
Question 245Single Answer
Given the Total Revenue function, TR = 1400Q – 6Q² and Total cost functions, TC = 1500 + 80Q at Q = 100 units (where Q is the amount of output), which one of the following responses is correct ?
(a) MR > MC
(b) MC = 80
(c) MR < MC
(d) MR = MC
In the light of the above statement, choose the most appropriate answer from the options given below :
A
(a) and (b) are true only
B
(a) and (c) are true only
C
(b) and (d) are true only
D
Can't be defined
Question 246Single Answer
Given the sample size 400 with sample mean 99, the population mean 100 and computed value of z-statistic at 2.5, the value of population standard deviation will be :
A
59.17
B
123.46
C
8
D
Cannot determined
Question 247Single Answer
Given below are two statements :
Statement I : Industrialization strategy advocates trade and development to overcome market failures through government policy.
Statement II : It encourages technology transfer and exports of progressively more advanced products.
In the light of the above statement, choose the correct answer from the options given below :
A
Both Statement I and II are fales
B
Statement I is true and Statement II are fales
C
Statement I is fales, but Statement II is true
D
Statement I and Statement II are true
Question 248Single Answer
Match the List – I with List – II :
List – I List - II
(a) Kerala (i) Least urbanized
(b) Punjab (ii) Highest percentage of S.C's in their population
(c) Himachal Pradesh (iii) Highest percentage of S.T's in their population
(d) Madhya Pradesh (iv) Highest sex ratio
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(iv) (ii) (i) (iii)
B
(i) (iii) (ii) (iv)
C
(ii) (i) (iii) (iv)
D
(iv) (i) (iii) (ii)
Question 249Single Answer
Based on the order condition, state whether the first equation is identified ?
Given the following structural model :
y1 = 3y2 – 2x1 + x2 + u1
y2 = y3 + x3 + u2
y3 = y1 – y2 – 2x3 + u3
where y's are the endogenous variables, x's are predetermined variables and u's are random terms
A
Over Identified
B
Under Identified
C
Exactly Identified
D
Information not sufficient
Question 250Single Answer
Given below are two statements.
Statement I : Growth in infrastructure is considered as an essential pre-requisite for stepping up GDP growth.
Statement II : It is vitally important to increase capital formation in India.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both Statement I and II are not correct
B
Statement I is correct, but Statement II is incorrect
C
Both Statement I and Statement II are correct
D
Statement I is incorrect, but Statement II is correct
Question 251Single Answer
IS and LM curve analysis explain :
(a) Product market equilibrium
(b) Money market equilibrium
(c) Capital market equilibrium
(d) Foreign trade equilibrium
Choose the correct answer from the option given below :
A
(a) and (c) only
B
(a) and (d) only
C
(a) and (b) only
D
(c) and (d) only
Question 252Single Answer
Who said, "I believe that the objective for disinvestment should be to benefit the public, the consumer and the investor and at the same time to improve competitiveness and eliminate monopoly" ?
A
Manmohan Singh
B
George Fernandes
C
Chidambaram
D
Yashwant Sinha
Question 253Single Answer
For the given Income Consumption curve in the diagram, which one of the following is correct, beyond point A ?
A
Good x is inferior and Good y is normal
B
Good y is inferior and Good x is normal
C
Good x and Good y are normal
D
Good x and Good y are inferior
Question 254Single Answer
Which of the following situtations represents an economic investment in the national income calculation ?
(a) Buying a newly constructed house for self-occcupation
(b) Buying of new shares
(c) Buying a new car by a publishing house for delivering books
(d) Buying a new car by a household
Choose the most appropriate answer from the options given below :
A
(b), (b) and (b) only
B
(b), (b), (b) and (b) only
C
(b), (b) and (b) only
D
(b) and (b) only
Question 255Single Answer
What type of relationship exists between two variables, if all points on the scatter diagram appear to fall on a straight line going upward from left to right ?
A
Positive correlation
B
Perfect positive correlation
C
Negative correlation
D
Perfect negative correlation
Question 256Single Answer
The share of the service sector in the Gross Value Added of India at current prices, during 2018-2019 is between :
A
45 to 47 per cent
B
50 to 52 per cent
C
53 to 55 per cent
D
60 to 62 per cent
Question 257Single Answer
Match the List – I with List – II :
List – I List – II
(Statistic) (Standard Error)
A. Sample mean 1. B. Sample Variance (s²) 2. C. Difference of two independent sample means 3. D. Difference of two independent sample standard 4. Deviations (s1 – (s2)
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(iii) (iv) (ii) (i)
B
(iii) (ii) (iv) (i)
C
(iii) (iv) (i) (ii)
D
(i) (iii) (ii) (iv)
Question 258Single Answer
Which one of the following response is true as a solution for simultaneous equation bias ?
(a) OLS Method
(b) Principle Component Method
(c) Two-stage Least square Method (2 SLS Method)
(d) Full Information Maximum Likelihood Method (FIML)
Choose the correct answer from the option given below :
A
(a) and (b) are true only
B
(b) and (c) are true only
C
(c) and (d) are true only
D
(a) and (d) are true only
Question 259Single Answer
The cost of holding money by individuals :
(1) Loss of real value of money due to deflation.
(2) Foregone interest from savings,
(3) Utility foregone by not buying goods and services.
(4) Returns foregone by no holding other assets.
Choose the most appropriate answer from the options given below :
A
(b), (c) and (d) only
B
(a), (b) and (c) only
C
(a), (b) and (d) only
D
(a), (c) and (d) only
Question 260Single Answer
Given 'σ' as the Standard Deviation of a given series and if to each and every observation of the series is added a constant 'k', then what will be the Standard Deviation of the new series ?
A
σ + k
B
σ – k
C
σ
D
σk
Question 261Single Answer
Growth rate of population is :
A
Rate at which population increases per 1000 per annum
B
Rate at which birth rate increases 1000 per annum
C
Rate at which pouplation increases per 10,000 per annum
D
Rate at which fertility rate increases per annum
Question 262Single Answer
Changes in terms of trade typically put less developed countries at a disadvantage, because :
A
They specialize and trade in agricultural goods rather than manufactured goods
B
They have higher labour costs
C
They specialize and trade in services like tourism
D
Industralized countries practice unfair trade with less developed countries
Question 263Single Answer
Account payee crossing is defined in which section of the Negotiable Instruments (NI) Act ?
A
Section 123
B
Section 124
C
Section 125
D
Not defined in NI Act
Question 264Single Answer
Match the List – I with List – II :
List – I List - II
(a) Rybezynski Theorem (i) The effect of tariffs on factor prices
(b) Metzler effect (ii) The effect of factor growth on production and trade
(c) Stolper- Samuelson Theorem (iii) The effect of tariffs on domestic prices
(d) Immiserising growth theory (iv) The effect of growth on terms of trade
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(ii) (iii) (i) (iv)
B
(iv) (iii) (i) (ii)
C
(iv) (i) (iii) (ii)
D
(ii) (i) (iii) (iv)
Question 265Single Answer
A decision free framework to identify a country's most binding constraints on economic growth is termed as :
A
Growth paradigm
B
Growth diagnostics
C
Growth stimulus
D
Growth paradox
Question 266Single Answer
Based on the following Blacker's stages of population growth diagram, the portion between A, B and C implies :
A
Stage of low stationary
B
population declining
C
Early expanding
D
Late expanding
Question 267Single Answer
Inadequacy of absence of KYC (Know Your Customer) standards can subject a bank to serious and counter party risk as follows :
(a) Reputation risk
(b) Compliance risk
(c) Legal risk
(d) Bankruptcy risk
Choose the correct answer from the option given below :
A
(a), (b) and (d) only
B
(a), (b) and (c) only
C
(b), (c) and (d) only
D
(a), (c) and (d) only
Question 268Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : The main cause of commercial bank failure is because of providing inappropriate loans to bank insiders.
Reason (R) : Bank employees are provided loans at lower interest rates.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is not correct
D
(A) is not correct, but (R) is correct
Question 269Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : Chronic poverty is the main problem facing India.
Reason (R) : British colonial rule has caused underdevelopment in India.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is not correct
D
(A) is not correct, but (R) is correct
Question 270Single Answer
A graph reflecting the relationship between a country's per capita income and its inequality of income distribution is the :
A
Lorenz Curve
B
Phillips Curve
C
laffer Curve
D
Kuznets Curve
Question 271Single Answer
What is the maximum penalty to be imposed under the Negotiable instruments Act for bouncing of a cheque ?
A
6 months
B
1 year
C
2 years
D
5 years
Question 272Single Answer
Match the List – I with List – II :
List – I List - II
A. Effectiveness of private market in dealing with externalities 1. Laffer curve
B. Relationship between increase in tax rate and tax revenue 2. Deadweight Loss
C. Dominant strategy 3. Coase Theorem
D. Controlling prices through effective price ceiling and a price floor 4. Game Theory
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(iii) (i) (iv) (ii)
B
(iv) (i) (ii) (iii)
C
(i) (iii) (ii) (iv)
D
(iii) (i) (ii) (iv)
Question 273Single Answer
What is the value of the equilibrium level of income for the data given below for an economy ?
c = 50 + 0.8 Yd
t = 20%
I = 100
G = 30
A
400
B
300
C
500
D
600
Question 274Single Answer
Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) : According to Walt W. Rostow, the Principle Strategy of Development necessary for take-off was the mobilization of domestic and foreign savings.
Reason (R) : Mobilization of domestic and foreign savings is necessary to generate sufficient investment to accelerate economic growth.
In the light of the above statement, choose the most appropriate answer from the options given below :
A
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C
(A) is correct, but (R) is not correct
D
(A) is not correct, but (R) is correct
Question 275Single Answer
Match the List – I with List - II
List – I List - II
A. Permanent Income Hypothesis 1. F. Modigliani
B. Relative Income Hypothesis 2. J. M. Keynes
C. Absolute Income Hyptothesis 3. M. Friedman
D. Life Cycle Hypothesis 4. J. Dusenberry
Choose the correct option from those given below :
A
(a) (b) (c) (d)
(ii) (iii) (iv) (i)
B
(i) (iv) (iii) (ii)
C
(iii) (ii) (i) (iv)
D
(iii) (iv) (ii) (i)
Question 276Single Answer
Which of the following is a key component of effective teaching?
A
Memorization
B
Active Learning
C
Passive Learning
D
Focus on Test Scores
Question 277Single Answer
Which teaching method emphasizes student collaboration and problem-solving?
A
Lecture Method
B
Inquiry-Based Learning
C
Lecture and Note-taking
D
Drill and Practice
Question 278Single Answer
What does the Constructivist theory of learning emphasize?
A
Passive absorption of information
B
Learners constructing their own knowledge
C
Memorizing facts and figures
D
Teacher-centered instruction
Question 279Single Answer
Which of the following is not an effective classroom management strategy?
A
Clear communication of expectations
B
Positive reinforcement
C
Ignoring disruptive behavior
D
Consistent routines
Question 280Single Answer
Which of the following teaching strategies promotes higher-order thinking?
A
Recall-based questions
B
Lecture-based instruction
C
Problem-solving and critical thinking tasks
D
Multiple-choice questions
Question 281Single Answer
According to Vygotsky, the 'Zone of Proximal Development' refers to:
A
The range of tasks a student can perform alone
B
The range of tasks a student cannot perform, even with assistance
C
The tasks a student can perform with minimal support
D
The range of tasks a student can perform with the help of a more knowledgeable other
Question 282Single Answer
In Bloom's Taxonomy, which of the following is the highest level of cognitive skills?
A
Knowledge
B
Comprehension
C
Synthesis
D
Evaluation
Question 283Single Answer
Which of the following best describes the purpose of differentiated instruction?
A
To maintain uniformity in teaching
B
To meet the varied learning needs of students
C
To make learning more challenging for all students
D
To reduce the workload for the teacher
Question 284Single Answer
The flipped classroom model primarily focuses on:
A
Teacher-centered direct instruction
B
Students learning at home through online resources
C
Learning through textbooks alone
D
Peer-teaching and collaboration
Question 285Single Answer
Which of the following is an example of an active learning strategy?
A
Reading a textbook chapter
B
Listening to a lecture
C
Group discussion and debates
D
Memorizing facts
Question 286Single Answer
What is the main focus of learner-centered teaching?
A
Teachers controlling the pace of the lesson
B
Encouraging students to take responsibility for their own learning
C
Focusing solely on lectures
D
Providing a rigid structure for the lesson
Question 287Single Answer
What type of teaching strategy is best for developing critical thinking skills?
A
Rote memorization
B
Lecture-based learning
C
Socratic questioning
D
Listening and note-taking
Question 288Single Answer
In what way does collaborative learning benefit students?
A
It encourages individual work
B
It allows students to learn only from the teacher
C
It helps students develop communication and teamwork skills
D
It focuses on rote memorization
Question 289Single Answer
Which of the following best describes 'scaffolding' in the context of teaching?
A
Giving all students the same level of support
B
Providing initial support that is gradually removed as students gain independence
C
Teaching without any prior assessment
D
Reducing the difficulty of tasks for students
Question 290Single Answer
The concept of 'multiple intelligences' was proposed by:
A
Jean Piaget
B
Howard Gardner
C
Lev Vygotsky
D
Benjamin Bloom
Question 291Single Answer
Which of the following is a key feature of inquiry-based learning?
A
Direct transmission of facts
B
Emphasis on rote memorization
C
Encouraging curiosity and self-directed investigation
D
Strictly following a teacher's script
Question 292Single Answer
Which is an example of summative assessment?
A
Formative quizzes
B
Student discussions
C
End-of-term exams
D
Peer feedback
Question 293Single Answer
Which of the following is an example of a 'constructivist' teaching strategy?
A
Lecture-based instruction
B
Problem-solving tasks
C
Memorization drills
D
Teacher-dominated discussions
Question 294Single Answer
What does the term 'active learning' refer to?
A
Students are passively listening to the teacher
B
Students are actively engaged in learning through participation
C
Students only study at home
D
Teachers provide answers for students
Question 295Single Answer
Integrating language across the curriculum helps students to:
A
Focus on one subject at a time
B
Develop language skills only in language classes
C
Use language skills in multiple subject areas
D
Avoid learning languages
Question 296Single Answer
In the context of teaching language across the curriculum, which strategy is most effective for supporting students' language development?
A
Focusing solely on language arts classes
B
Encouraging reading and writing in all subjects
C
Avoiding the use of specialized vocabulary
D
Using only oral communication in all lessons
Question 297Single Answer
Which of the following is a key feature of 'language awareness' in teaching?
A
Teaching grammar in isolation
B
Encouraging students to understand how language works in different subjects
C
Focusing only on speaking and listening skills
D
Relying on textbooks for all language learning
Question 298Single Answer
The integration of language skills in the science curriculum might involve:
A
Only reading scientific texts
B
Focusing solely on mathematical language
C
Using both writing and speaking skills to explain scientific concepts
D
Teaching science without any reference to language skills
Question 299Single Answer
Which of the following is an example of a language-rich classroom environment?
A
A classroom with few student interactions
B
A classroom where students primarily read textbooks
C
A classroom where students engage in discussions, writing tasks, and presentations
D
A classroom where only the teacher speaks
Question 300Single Answer
The process of 'academic language' development in students refers to:
A
Informal language used in daily conversation
B
The specialized language used in academic disciplines