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Latest HPSC PGT Economics Exam Question (Objective Questions), MCQ in English

Subjects : Education Psychology, Pedagogy, General Awareness, Reasoning & Basic numeracy, Comprehension, Haryana G.K, Economics

Question Bank HPSC PGT Economics Exam - English
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Education Psychology, Pedagogy

Question 1Single Answer
Epistemology is the branch of philosophy which deals with the theories of :
  1. A
    Realitty
  2. B
    Existence
  3. C
    Knowledge
  4. D
    Values
Question 2Single Answer
Given below are two statements, one labelled as Assertion (A) and the other labeled as Reason (R).
Assertion (A) : Philosophy helps in determining aims of education
Reason (R) : Education depends mostly on Philosophy.
In the context of the two statements, which one of the following is correct ?
  1. A
    Codes :
    Both (A) and (R) are true.
  2. B
    Both (A) and (R) are false.
  3. C
    (A) is true but (R) is false.
  4. D
    (A) is false but (R) is true.
Question 3Single Answer
What are individual differences in educational psychology ?
  1. A
    Differences among individuals in various aspects
  2. B
    Differences among groups of individuals
  3. C
    Differences in learning styles
  4. D
    Differences in socio-economic status
Question 4Single Answer
Which of the following theories of intelligence emphasizes the existence of multiple intelligences ?
  1. A
    Spearman's Two - Factor Theory
  2. B
    Gardner's Theory of Multiple Intelligences
  3. C
    Binet - Simon Scale
  4. D
    Wechsler Adult Intelligence Scale (WAIS)

General Awareness

Question 5Single Answer
Yojna a weekly journal
  1. A
    Ministry of Finance        
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 6Single Answer
Kurukshetra a journal on rural development is published by
  1. A
    Ministry of Finance 
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 7Single Answer
What is the name of the next phase of India’s semiconductor programme notified by the Government in August 2026?
  1. A
    Chip India 3.0
  2. B
    India Chip Mission
  3. C
    Semicon 2.0
  4. D
    Semiconductor Bharat
Question 8Single Answer
Which country conferred its highest honour for foreign leaders, the ‘Oliy Darajali Do‘stlik Order’, on Prime Minister Narendra Modi?
  1. A
    Kazakhstan
  2. B
    Kyrgyzstan
  3. C
    Uzbekistan
  4. D
    Tajikistan

Reasoning & Basic numeracy

Question 9Single Answer
Passage :
Direction: Study the given information carefully and answer the given question
P, Q, R, S, T, V, X and Y are seated in a straight line facing North. P sits fourth to the left of V. V sits either sixth from the left end of the line or fourth from the right end of the line. S sits second to the right of R. R is not an immediate neighbor of V. T and Q are immediate neighbours of each other but neither T not Q sits at extreme ends of the line. Only one person sits between T and X. X does not sit at the extreme end of the line
According to the passage, what is the main purpose of data protection laws ?
  1. A
    To ensure that foreign countries invest in research for drugs to treat diseases like TB
  2. B
    To attract Indian scientists back to the country
  3. C
    To prevent misuse of research to make profit by competing companies
  4. D
    To make clinical trials more acceptable to the public
  5. E
    None of these
Question 10Single Answer
‘Gram’ is relatd to ‘Mass’ in the same way as ‘Centimetre’ is related to
  1. A
    Area
  2. B
    Volume
  3. C
    Length
  4. D
    Sound
  5. E
    Energy
Question 11Single 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:__________ ?
  1. A
    51:52
  2. B
    52:53
  3. C
    51:53
  4. D
    52:55
Question 12Single Answer
Which of the following numbers is irrational ?
  1. A
    √49
  2. B
    0.125
  3. C
    √2
  4. D
    22/7

Comprehension

Question 13Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    He was in the temper
  2. B
    and refused
  3. C
    discuss the matter again
  4. D
    No error
Question 14Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    A flower makes no garland
  2. B
    so we must do a thing together
  3. C
    in a unit for a good result
  4. D
    No error
Question 15Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    My friend is a software engineer
  2. B
    and his wife is doctor
  3. C
    so they don’t have enough time for each other
  4. D
    No error
Question 16Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    I don’t have much time that
  2. B
    I hear you in detail with verbosity
  3. C
    tell everything in nutshell
  4. D
    No error

Haryana G.K

Question 17Single Answer
In ancient times Haryana was known as ........
  1. A
    Brahmawata
  2. B
    Gujarat
  3. C
    Kurukshetra
  4. D
    Delhi
Question 18Single Answer
By what name was the state of Haryana known in ancient times ?
  1. A
    Brahmavrata Pradesh
  2. B
    Brahmashri Pradesh
  3. C
    Brahma Ki Uttawedi
  4. D
    All of the above
Question 19Single Answer
The ancient and sacred river of Haryana is…………… .
  1. A
    Saraswati
  2. B
    Drishadvati
  3. C
    Ganga
  4. D
    Both (a) and (b)
Question 20Single Answer
Agroha (Hisar) is mentioned in which texts?
  1. A
    Divyavdan
  2. B
    Kathakosh
  3. C
    Bhadrabahu Charita
  4. D
    All of these

Economics

Question 21Single Answer
In case of indifference curve of two goods X and Y, as consumption of X increases :
  1. A
    MRSXY increases
  2. B
    MRSXY decreases
  3. C
    MRSXY remains the same
  4. D
    MRSXY increases but later on MRSXY decreases
Question 22Single Answer
General Economic equilibrium is NOT related to which one of the following problems ?
  1. A
    Uniqueness problem
  2. B
    Existence problem
  3. C
    Stability problem
  4. D
    Moral hazard problem
Question 23Single Answer
In the shoft-run production function, which on eof the following is CORRECT ?
  1. A
    Technology is assumed to change as labour input changes
  2. B
    Technology is assumed to change as capital stock changes
  3. C
    Technology is assumed to change positively until diminishing returns set in
  4. D
    Technology is assumedto be constant for a given production function relationship
Question 24Single Answer
As output expands, LAC curve falls. This is due to :
  1. A
    Law of variable proportions
  2. B
    Law of diminishing returns
  3. C
    Economies of scale
  4. D
    Diseconomies of scale
Question 25Single 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 :
  1. A
    Expected utility of both the alternatives
  2. B
    Probability of risk attached with each alternatives
  3. C
    Variation of risk attached with each alternatives
  4. D
    Mean of risk of each alternatives
Question 26Single Answer
What type of relationship the Phillips curve postulates between the rae of unemployment and the rate of increase of money wages ?
  1. A
    Inverse
  2. B
    Direct
  3. C
    Direct and proportional
  4. D
    Inverse and proportional
Question 27Single Answer
The concept of 'money illusion' was first given by whom ?
  1. A
    Milton Friedman
  2. B
    Irving Fisher
  3. C
    Robertson
  4. D
    J. M. Keynes
Question 28Single Answer
Which one of the following correctly describes the concept of 'Super Multiplier' ?
  1. A
    Investment multiplier
  2. B
    Money multiplier
  3. C
    Interaction between multiplier and accelerator
  4. D
    Employment multiplier
Question 29Single 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
  1. A
    2500
  2. B
    1250
  3. C
    250
  4. D
    1500
Question 30Single Answer
The independence of real variables from changes in money supply and nominal variables is called :
  1. A
    Keynesian dichotomy
  2. B
    Classical dichotomy
  3. C
    Money illusion
  4. D
    Money multiplier
Question 31Single 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 :
  1. A
  2. B
  3. C
  4. D
Question 32Single 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 ?
  1. A
    Arithmetic mean
  2. B
    M edian
  3. C
    Harmonic Mean
  4. D
    Geometric mean
Question 33Single 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
  1. A
    80.67
  2. B
    84.87
  3. C
    86.67
  4. D
    86.87
Question 34Single Answer
In the classical linear regression model, Xi and Ui are assumed to be :
  1. A
    highly correlated
  2. B
    not correlated
  3. C
    positively correlated
  4. D
    negatively correlated
Question 35Single Answer
Identify which one of the following statements is INCORRECT ?
  1. A
    Intersection of two disjoint sets is a null set
  2. B
    Complement of a Universal set is a null set
  3. C
    If X ∩ Y =ϕ, then X-Y ≠X
  4. D
Question 36Single Answer
Given Y = X³ – 12X² + 36X + 8, identify which one of the following is CORRECT :
  1. A
    Y is maximum at X = 6, and minimum at X = 2
  2. B
    Y is minimum at X= 6, and maximum at X = 2
  3. C
    Y has two inflexion points at X = 2 and X = 6
  4. D
    Point of optimality is indeterminate
Question 37Single Answer
Identify which one of the following statements is CORRECT :
  1. A
    A–1 is equal to Adj (A) if the value of the determinant A is unity
  2. B
    If two columns of a determinant are interchanged, the sign of the determinant does not alter
  3. C
    The value of a determinant changes if the rows and columns are interchanged
  4. D
    Law of division is allowed in matrix operations      
Question 38Single Answer
Identify which of the following statements with respect to Linear Programming Problem (LPP) is CORRECT ?
  1. A
    A solution is unbounded in an LPP if all the feasible solutions of the problem fall within the boundary created by its constraints
  2. B
    If A is primal problem and B its dual, then dual of B is Not A
  3. C
    The constraints of an LPP in standard form is always expressed in less than and equal to form
  4. D
    If an LPP has two optimum solutions, then it has also infinite number of optimum solutions
Question 39Single Answer
The Net Barter terms of trade refer to :
  1. A
    The excess of import expenditures over export earnings
  2. B
    Trade agreements
  3. C
    The ratio between export prices and import prices
  4. D
    The terms and conditions on which a country is offered a loan in the event of balance of payments difficulties
Question 40Single Answer
The items on the capital account of Balance of Payments are :
  1. A
    Flow variables
  2. B
    Stock variables
  3. C
    Changes in stock magnitudes
  4. D
    Both Stock and Flow variables
Question 41Single Answer
A sudden shift from import tariffs to free trade may induce short-term unemployment in :
  1. A
    Import competing industries
  2. B
    Industries that are only exporters
  3. C
    Industries that sell domestically as well as export
  4. D
    Industries that neither import or export
Question 42Single Answer
The optimum tariff means :
  1. A
    Most occur in the elastic range of the tariff imposing home country's offer curve
  2. B
    Takes account of the probability that the partner country will retaliate with protective measures of its own
  3. C
    Maximises total export sales of the imposing country
  4. D
    Must occur in the elastic range of the partner country's offer curve
Question 43Single Answer
The movement from old level of expenditure and taxation to a new and higher level is called :
  1. A
    Concentration effect
  2. B
    Inspection effect
  3. C
    Displacement effect
  4. D
    All of the above
Question 44Single Answer
Which method can help in obtaining a welfare improvement, if externalities exist ?
  1. A
    Pigovian taxes
  2. B
    Regulation
  3. C
    Assigning property righs and permitting bargaining
  4. D
    All of the above
Question 45Single 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}
  1. A
  2. B
  3. C
  4. D
Question 46Single Answer
The incidence of which of the following will entirely be on the monopolist ?
  1. A
    Lump-sum tax
  2. B
    Specific tax
  3. C
    Regulated monopoly pricing
  4. D
    None of these
Question 47Single Answer
Which of the following is NOT a Commercial Bank ?
  1. A
    Public Sector Bank
  2. B
    Private Sector Bank
  3. C
    Regional Rural Bank
  4. D
    Co – operative Bank
Question 48Single Answer
Liquidity Adjusment Facility (LAF) was recommended by :
  1. A
    C. Rangarajan Committee
  2. B
    Raghuram Rajan Committee
  3. C
    Narasimhan Committe -II
  4. D
    Bimal Jalan Committee
Question 49Single Answer
Which of the following is TRUE for Bank Rate ?
  1. A
    Increase in Bank rate by Central Bank would increase money supply keeping other factors constant
  2. B
    Bank rate is a qualitative instrument
  3. C
    Bank rate is the minimum rate at which the Central Bank provides credit to financial institutions against securities of the government
  4. D
    Bank rate is a direct instrument of credit control          
Question 50Single Answer
Human Development Index (HDI) currently, as published by the UNDP is calculated by using which of the following ?
  1. A
    Geometric mean
  2. B
    Arithmetic Mean
  3. C
    Harmonic Mean
  4. D
    Quadratic mean
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