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Latest TN TRB Assistant Professor Economics Exam Question (Objective Questions), MCQ in English
Question Bank TN TRB Assistant Professor Economics Exam Paper 1 - English
Compulsory Tamil
Q 1 :
பொதுவான அரசியல் உண்டாகினது.
A. அவன்
B. அவள்
C. அவர்
D. அது
Q 2 :
அவன் சொன்ன கதை சுவாரஸியாக உள்ளது.
A. அவன்
B. சுவாரஸியாக
C. உள்ளது
D. சொன்ன
Q 3 :
அந்த பேச்சு கேட்டார்
A. அவர்
B. அந்த
C. பேச்சு
D. கேட்டார்
Q 4 :
அவர் வீடு அழகாக உள்ளது.
A. அவர்
B. வீடு
C. அழகாக
D. உள்ளது
Q 5 :
அவர் முதன்முதலில் சிறிதாக உழைந்தார்.
A. அவர்
B. சிறிதாக
C. உழைந்தார்
D. முதன்முதலில்
Q 6 :
தமிழ் இலக்கணத்தின் தந்தை என்று கருதப்படுபவர் யார்?
A. பாரதியார்
B. தொல்காப்பியர்
C. இளங்கோ அடிகள்
D. கம்பர்
Q 7 :
தொல்காப்பியரின் புகழ்பெற்ற இலக்கணப் பணியின் பெயர் என்ன?
A. திருக்குறள்
B. சிலப்பதிகாரம்
C. தொல்காப்பியம்
D. மணிமேகலை
Q 8 :
தமிழ் இலக்கணம் மற்றும் கவிதைக்கான முக்கிய இலக்கியப் படைப்பாக அறியப்படும் நூல் எது?
A. நன்னூல்
B. அகநானூறு
C. புறநானூறு
D. பத்துப்பாட்டு
Q 9 :
நன்னூலின் ஆசிரியர் யார்?
A. இளங்கோ அடிகள்
B. பவணந்தி
C. திருவள்ளுவர்
D. கம்பர்
Q 10 :
தமிழ் நிலத்தை ஐந்து பகுதிகளாக (திணை) பிரிப்பது பற்றி எந்தப் படைப்பு விவாதிக்கிறது?
A. தொல்காப்பியம்
B. மணிமேகலை
C. பத்துப்பாட்டு
D. சிலப்பதிகாரம்
Q 11 :
தமிழில் மொத்த எழுத்துக்கள் எத்தனை?
A. 240
B. 247
C. 250
D. 257
Q 12 :
குறில் எழுத்துக்களின் ஒலிக்கும் கால அளவு என்ன?
A. 1 மாத்திரை
B. 2 மாத்திரை
C. 1/2 மாத்திரை
D. 3 மாத்திரை
Q 13 :
நெடில் எழுத்துக்களின் ஒலிக்கும் கால அளவு என்ன?
A. 1 மாத்திரை
B. 2 மாத்திரை
C. 1/2 மாத்திரை
D. 3 மாத்திரை
Q 14 :
மெய்யெழுத்துக்களின் ஒலிக்கும் கால அளவு என்ன?
A. 1 மாத்திரை
B. 2 மாத்திரை
C. 1/2 மாத்திரை
D. 3 மாத்திரை
Q 15 :
"க்" என்பது எந்த வகை எழுத்து?
A. உயிரெழுத்து
B. மெய்யெழுத்து
C. ஆய்தம்
D. உயிர்மெய்
Q 16 :
"அ" என்பது எந்த வகை எழுத்து?
A. உயிரெழுத்து
B. மெய்யெழுத்து
C. ஆய்தம்
D. உயிர்மெய்
Q 17 :
"க" என்பது எந்த வகை எழுத்து?
A. உயிரெழுத்து
B. மெய்யெழுத்து
C. ஆய்தம்
D. உயிர்மெய்
Q 18 :
"ஃ" என்பது எந்த வகை எழுத்து?
A. உயிரெழுத்து
B. மெய்யெழுத்து
C. ஆய்தம்
D. உயிர்மெய்
Q 19 :
வல்லினத்திற்கான சரியான வரிசையைத் தேர்ந்தெடுங்கள்.
A. ங், ஞ், ண், ந், ம், ன்
B. ய, ர, ல, வ, ழ, ள
C. க, ச, ட, த, ப, ற
D. அ, ஆ, இ, ஈ, உ, ஊ
Q 20 :
மெல்லினத்திற்கான சரியான வரிசையைத் தேர்ந்தெடுங்கள்.
A. ங், ஞ், ண், ந், ம், ன்
B. ய, ர, ல, வ, ழ, ள
C. க, ச, ட, த, ப, ற
D. அ, ஆ, இ, ஈ, உ, ஊ
Q 21 :
பின்வரும் சொற்களில் எது எழுத்துக்களைப் பிரித்து எழுதப்பட வேண்டும்?
A. மரம்இலை
B. புத்தகம்
C. வீடு
D. சூரியன்
Q 22 :
"வானம்" என்ற சொல்லை இணைத்து எழுதும்போது சரியான வடிவம் எது?
A. வான ம
B. வா னம்
C. வானம்
D. வா நம்
Q 23 :
பின்வரும் சொற்களில் எது எழுத்துக்களை இணைக்கும்போது தவறாக உள்ளது?
A. பூந் தோட்டம்
B. காலைவணக்கம்
C. மாலைநேரம்
D. சூரியஒளி
Q 24 :
"நிலா" + "நிறம்" இணைக்கும்போது சரியான வடிவம் எது?
A. நிலாநிறம்
B. நிலா நிறம்
C. நி லாநிறம்
D. நிலாநி றம்
Q 25 :
கோடுகளை இணைப்பதற்கு எடுத்துக்காட்டு சொல் எது?
A. பள்ளி
B. ஆசிரியர்
C. மாணவன்
D. புத்தகப்பை
Q 26 :
"வீடு" என்ற பொருளைத் தரும் ஒரு சொல் எது?
A. இல்லம்
B. பள்ளி
C. காடு
D. மலை
Q 27 :
"புலி" என்ற பொருளைத் தரும் ஒரு சொல் எது?
A. சிங்கம்
B. பூனை
C. யானை
D. வேங்கை
Q 28 :
பின்வரும் சொற்களைச் சரியாக அமைத்து வாக்கியம் உருவாக்கவும்: "நான்", "பள்ளிக்கு", "சென்றேன்"
A. நான் சென்றேன் பள்ளிக்கு
B. பள்ளிக்கு நான் சென்றேன்
C. நான் பள்ளிக்கு சென்றேன்
D. சென்றேன் நான் பள்ளிக்கு
Q 29 :
பின்வரும் சொற்களைச் சரியாக அமைத்து வாக்கியம் உருவாக்கவும்: "அவள்", "புத்தகம்", "படித்தாள்"
A. அவள் படித்தாள் புத்தகம்
B. புத்தகம் அவள் படித்தாள்
C. அவள் புத்தகம் படித்தாள்
D. படித்தாள் அவள் புத்தகம்
Q 30 :
பின்வரும் பத்தியைப் படித்து, "கட்டுரைகள் எதை விளக்குகின்றன?" என்ற கேள்விக்கு பதிலளிக்கவும்: "கட்டுரைகள் ஒரு குறிப்பிட்ட தலைப்பை ஆழமாக விளக்குகின்றன."
A. விளையாட்டு முடிவுகள்
B. ஒரு குறிப்பிட்ட தலைப்பை ஆழமாக விளக்குதல்
C. விளம்பரங்கள்
D. வானிலை அறிக்கைகள்
Concerned Subject (Economics)
Q 31 :
Who distinguished between value in use and value in exchange and gave the famous example of diamonds and water ?
A.Adam smith
B.David Ricardo
C.Alfred Marshall
D.Karl Marx
Q 32 :
When income effect becomes stronger than substitution effect, the labour supply curve will :
A.Slope positively
B.Negatively sloped
C.Bend backward
D.Slope upwards
Q 33 :
Assertion (A) : The concept of supply curve is meaningless for the monopolist.
Reason (R) : Monopolists are price setters ; it does not make reuse to ask what output they will produce at various prices.
A.Codes :
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B.(A) is correct , but (R) is not correct
C.Both (A) and (R) are correct , but (R) is not correct explanation of (A)
D.(R) is correct, but (A) is incorrect
Q 34 :
Predatory pricing policy is designed to :
A.drive competitors out of business
B.maximum profits
C.encourage entrants into the market
D.atain least cost output
Q 35 :
Match items in List-I with items in List-II and select the correct answer from the code given below :
List-I List-II
a. The screening Hypothesis 1. George A. Akerlof
b. Job Market signaling 2. K. J Arrow
c. The problem of moral 3. M. Spencer
hazard in the case
of medical insura
d. The market for lemons 4. Paul W. Miller and Paul A.
Vplcker
A.Codes :
(a) (b) (c) (d)
3 2 4 1
B.2 3 4 1
C.4 3 2 1
D.2 4 3 1
Q 36 :
Marginal Revenue of a Monopoly firm is less than the price, Because :
A.Demand curve has a positive slope
B.Demand curve has a negative slope
C.Monopolist is in equilibrium
D.Monopolist incurs losses
Q 37 :
For an inferior goods , income consumption curve and Engles curves are :
A.Positively sloped
B.Negative sloped
C.Are the same
D.Income consumption curve positively sloped and the Engles curve is negative sloped
Q 38 :
The classical economists focused on the role of money as :
A.Medium of exchange
B.medium of distribution
C.wealth
D.link between present and future
Q 39 :
If the demand for money is perfectly interest inelastic , the LM schedule will be :
A.Upward sloping
B.Downward sloping
C.Horizontal line
D.vertical line
Q 40 :
Harrod –Domer model of economic growth is based on the equilibrium between
A.Income generation and productive capacity creation
B.Equilibrium between income and consumption
C.Equilibrium between income and consumption
D.None of the above
Q 41 :
Green Box subsidies under WTO are allowed because they are considered to be :
A.Minimally trade distorting
B.higher among developed and relatively lower for developing counties
C.They are confined to agriculture sector
D.They are related to GATS provision
Q 42 :
Which one of the following is not reserved for public sector ?
A.Atomic energy
B.Railways
C.Insurance
D.Port Trust of India
Q 43 :
The rate at which the Central Bank discounts the bills of commercial banks is called :
A.Discount Rate
B.Bill Rate
C.Interest Rate
D.Lending Rate
Q 44 :
If the economy is the liquidity trap then
A.Fiscal policy will be more effective
B.Monetary policy will be more effective
C.Crowding our effect will make fiscal and monetary policy effective
D.None of the above
Q 45 :
If the price consumption curve of a commodity is bending backwards , then the commodity must be :
A.An inferior commodity
B.A perfectly elastic commodity
C.Normal commodity
D.Giffen goods
Q 46 :
For downward movement along the isoquants , MRTS of labour per unit of capital (MRTSL,K) is given by:
A.–dK/dL
B.dK/dL
C.dL/dK
D.-dL/dK
Q 47 :
Which of the following is not instructional material ?
A.Over Head Projector
B.Audio Casset
C.Printed Material
D.Transparency
Q 48 :
Which of the following is the most significant in stabilization policy ?
A.Private investment
B.Inventory investment
C.Autonomous investment
D.Public investment
Q 49 :
The concept of vicious circle of poverty is associated with :
A.Kindleberger
B.Schumpeter
C.Ragnar Frish
D.Gunnar Myrdal
Q 50 :
Solow built his model as an alternative to :
A.Kaldor’s model of growth
B.Ranis-Fei model of growth
C.Harrod-Domar model of growth
D.Meade’s model of growth
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TN TRB Assistant Professor Economics Exam Paper 1 Question Bank Book - English
B.The price or a cost of a commodity can be inferred from its labour content
C.Labour is homogeneous
D.None of the above
Q 52 :
Hedging refers to ;
A.the acceptance of a foreign exchange risk
B.covering of a foreign exchange risk
C.foreign exchange speculation
D.foreign exchange arbitrage
Q 53 :
An increase in the marginal propensity to import :
A.has the same effect upon the multiplier as an increase in the MPC
B.has no effect upon the multiplier
C.will increase the value of the multiplier
D.will decrease the value of the multiplier
Q 54 :
The price elasticity of demand is equal to one for a demand curve, which is:
A.horizontal line
B.vertical line
C.rectangular hyperbola
D.downward moving line
Q 55 :
The third moment around the mean is useful to measure
A.central tendency
B.Hirschman
C.peakedness
D.symmetry
Q 56 :
The revealed preference theory of consumer’s behavior is based on :
A.Consistency
B.Strong ordering
C.Positive income elasticity of demand
D.All of the above
Q 57 :
An individual’s supply curve for labour will bend backwards when :
A.The substitution effect of wage rate increases is higher than income effect
B.The income effect of wage rate increases is negative and higher than the substitution effect
C.Leisure is Giffen good
D.The substitution and income effect of wage rate increases reinforce each other
Q 58 :
The short run supply curve of a firm under perfect competition is the same as the :
A.Marginal cost curve
B.marginal cost curve above the average variable cost curve
C.average variable cost curve
D.Average total cost curve
Q 59 :
Match List-I with List-II and select the correct answer from the codes given below : List-I List-II
a. Quasi rent 1. Hicks
b. Elasticity of substitution 2. Chamberlin
c. Monopolistic 3. Neumann and Morgenstern
d. Theory of Games 4. Marshall Codes :
A.A b c d
4 1 3 2
B.2 1 4 3
C.2 1 3 4
D.4 1 2 3
Q 60 :
The difference between the value of marginal product and the marginal revenue product arises only if :
A.Average revenue is not equal to marginal revenue
B.Average cost is not equal to marginal revenue
C.Total revenue is not equal to total cost
D.Average cost is not equal to average revenu.
Q 61 :
Under Cournot Model of Duopoly, each duopolist will produce :
A.half the output
B.one-fourth of the output
C.one-six of the output
D.one-third of the total output
Q 62 :
As long as the substitution effect dominates the income effect, the labour supply curve is :
A.negatively sloped
B.positively sloped
C.bend backward
D.shifting towards left
Q 63 :
Assertion (A) : Monopoly is Pareto inefficient .
Reason (R) : It would be possible to change the allocation of resources to make the amount of Income he would be prepared to pay in exchange of the reduction in price
A.Codes:
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B.(A) is correct, but (R) is not correct
C.Both (A) and (R) are correct, but (R) is incorrect explanation of (A)
D.(R) is correct, but (A) is incorrect
Q 64 :
If MPk/MPk does not change with any proportionate change in labour and capital then the production function is :
A.Linear
B.Non-Linear
C.Homogeneous
D.Homothetic
Q 65 :
Match the items in the List-I with items in List-II select the correct answer from the code given below :
List-I List-II
I. Agency Theory of 1. O.E. Williamson
Firm
II. X-inefficiency 2. M.C. Jenson and W. J. Meckling
III. The Utility 3. Wilfredo Pareto
Maximisation
Model
IV. Edgeworth box 4. Harvey Leibenstein
Diagram first
Used by
A.Codes:
I II III IV
3 2 1 4
B.2 4 1 3
C.2 3 4 1
D.3 4 1 2
Q 66 :
Fiscal deficit less interest payments is called
A.Net fiscal deficit
B.Monetised deficit
C.Primary deficit
D.Budgetary deficit
Q 67 :
How many countries are the members of European Union ?
A.25
B.28
C.26
D.15
Q 68 :
If the mean and variance of a given distribution is 8 and 0.25, then the coefficient of variation will be
A.4 percent
B.8 percent
C.12 percent
D.16 percent
Q 69 :
The doctrine of unbalanced growth was propounded by
I. Hirschman
II. Robert Solow
III. Singer
IV. Ragnar Nurkse
Codes :
A.I and II are correct
B.II and III are correct
C.III and IV are correct
D.I and III are correct
Q 70 :
Match List-I with List-II and show the relation between trade cycle and profit by selecting correct codes given below
List-I List-II
a. Recession I. Low
b. Boom II. Positive
c. Recovery III. Highest level
d. Depression IV. Negative
A.Codes :
a b c d
III IV I II
B.I III II IV
C.IV III II I
D.I II III IV
Q 71 :
The cost incurred by the firm in hiring labour is called as :
A.Explicit cost
B.Implicit Cost
C.Marginal Cost
D.Total Cost
Q 72 :
The locus of Pareto optimality in production and consumption is given by :
A.The social Welfare Function
B.The Utility Possibility Curve
C.The Transformation Curve
D.The Grand Utility possibility Curve
Q 73 :
Match items given in List-1 with those in List-II :
List-I List_II
a. Tea and coffee 1. Veblen goods
b. Car and petrol 2. Substitutes
c. Gold and 3. Giffen goods
Diamonds
d. Ragi and Bajra 4. Complementary
A.Codes :
a b c d
2 1 3 4
B.2 4 1 3
C.4 1 2 3
D.4 3 1 2
Q 74 :
Assertion (A) : In the short run under perfect competition, given the market demand and market supply the industry is in equilibrium at that price which clears the market.
Reason (R) : In the long run all the firms in the industry earn profit .
A.Codes :
Both (A) and (R) are true and (R) is the correct explanations of (A)
B.Both (A) and (R) are true , but (R) is not correct explanation of (A)
C.(A) is true , but (R) is false
D.(A) is false , but (R) is true
Q 75 :
Put the following in chronological order on the basis of development :
I. Law of demand
II.Revealed Preference Analysis
III. IIndifference Curve Analysis
IV. Law of Diminishing Marginal Utility
A.I, II, III, IV
B.I, IV, III, II
C.I, II, IV,III
D.I, III, IV, II
Q 76 :
Which is called Gossen’s second Law ?
A.Law of equi-marginal utility
B.Law of Diminishing marginal utility
C.Revealed Preference Theory
D.Indifference Curav approach
Q 77 :
Which of the condition support long run equilibrium in monopolistic competition ?
A.MR = MC, AR = AC
B.P = MC, AR = AC
C.MR = MC = AR = AC
D.AR = MC = AC
Q 78 :
Who explained importance of time element in price determination, for the first time ?
A.Chamberlin
B.Stigler
C.Mrs. Joan Robinson
D.Marshall
Q 79 :
Law of diminishing returns begins to operate when :
A.Total product begins to rise
B.Total product begins to fall
C.Marginal Product begins to rise
D.Marginal product begins to fall
Q 80 :
Consider the following statements regarding Edgeworth Duopoly model :
I. It takes as given output decision of rival.
II. It takes as given price decision of rival
III. It is an explanation of price rigidity of thease , the correct answer is :
A.Only Statement I is true
B.Both I & II are true
C.Both II & III are true
D.Only III is true
Q 81 :
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
Q 82 :
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
Q 83 :
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
Q 84 :
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
Q 85 :
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
Q 86 :
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
Q 87 :
The concept of 'money illusion' was first given by whom ?
A.Milton Friedman
B.Irving Fisher
C.Robertson
D.J. M. Keynes
Q 88 :
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
Q 89 :
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
Q 90 :
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
Q 91 :
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 :
Q 92 :
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
Q 93 :
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
Q 94 :
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
Q 95 :
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 =Ï•, then X-Y ≠X
Q 96 :
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
Q 97 :
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
Q 98 :
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
Q 99 :
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
Q 100 :
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
Q 101 :
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
Q 102 :
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
Q 103 :
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
Q 104 :
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
Q 105 :
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}
Q 106 :
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
Q 107 :
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
Q 108 :
Liquidity Adjusment Facility (LAF) was recommended by :
A.C. Rangarajan Committee
B.Raghuram Rajan Committee
C.Narasimhan Committe -II
D.Bimal Jalan Committee
Q 109 :
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
Q 110 :
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
Q 111 :
Harrod-neutral technical progress is necessarily :
A.Growth augmenting
B.Laour augmenting
C.Capital augmenting
D.Resource augmenting
Q 112 :
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
Q 113 :
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
Q 114 :
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
Q 115 :
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
Q 116 :
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
Q 117 :
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
Q 118 :
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
Q 119 :
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
Q 120 :
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
Q 121 :
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
Q 122 :
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
Q 123 :
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
Q 124 :
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
Q 125 :
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
Q 126 :
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
Q 127 :
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
Q 128 :
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
Q 129 :
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
Q 130 :
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 :