Question for UPPSC Assistant Professor (Economics) 2026 - Quiz / Questions / MCQ

Objective Questions

Latest UPPSC Assistant Professor Economics Exam Question (Objective Questions), MCQ in English

Subjects : General Studies, Economics

Question Bank UPPSC Assistant Professor (Economics) Prelims Exam - English

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General Studies

Question 1Single Answer

Yojna a weekly journal

A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission

Question 2Single 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 3Single 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 4Single 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 5Single Answer

Which of the following programmes aims at the promotion of savings among rural women

A
Rashtriya Mahila Kosh
B
Indira Mahila Yojna
C
Jawahar Rozgar Yojna
D
Mahila Samridhi Yojna

Question 6Single 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 7Single Answer

A direct current I flows along the length of an infinitely long straight thin walled pipe, then the magnetic field is

A
uniform throughout the pipe not zero
B
zero only along the axis of the pipe
C
zero at any point inside the pipe
D
maximum at the centre and minimum at the edge

Question 8Single 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 9Single 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 10Single 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.

Question 11Single 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 12Single 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 13Single 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 14Single 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 15Single Answer

In the electrolysis of acidulated water, it is desired to obtain 1.12 cc of hydrogen per second under STP condition. The current to be passed is

A
1.93 A
B
9.65 A
C
19.3 A
D
0.965 A

Question 16Single Answer

When Uttar Pradesh got it officially as statehood ?

A
24 January, 1950
B
26 January, 1952
C
1 January, 1956
D
18 February, 1957

Question 17Single Answer

How many districts are there in Uttar Pradesh

A
60
B
57
C
75
D
87

Question 18Single Answer

What are the official languages of Uttar Pradesh ?

A
Hindi & Urdu
B
Only Hindi
C
Only Urdu
D
Kumaoni

Question 19Single Answer

How many members of Lok Sabha from Uttar Pradesh ?

A
56
B
78
C
80
D
51

Question 20Single Answer

How many members of Rajya Sabha from Uttar Pradesh ?

A
45
B
51
C
31
D
77

Question 21Single Answer

What is the state flower of Uttar Pradesh ?

A
Lily
B
Rose
C
Palash
D
Sunflower

Question 22Single Answer

What is state sport of Uttar Pradesh ?

A
Field Hockey
B
Cricket
C
Football
D
Swimming

Question 23Single Answer

How many total cities / towns in Uttar Pradesh ?

A
567
B
450
C
689
D
510

Question 24Single Answer

What is state dance of Uttar Pradesh ?

A
Kathak
B
Rauf
C
Kathakali
D
Bharat Natyam

Question 25Single Answer

What is state tree of Uttar Pradesh ?

A
Neem
B
Peepal
C
Ashok
D
Mango

Question 26Single Answer

Which ministry launched the e-SHRAM portal to register unorganized workers in India?

A
Ministry of Labour and Employment
B
Ministry of Finance
C
Ministry of Social Justice and Empowerment
D
Ministry of Home Affairs

Question 27Single Answer

What is the primary objective of the ‘BioE3 Policy’ approved by the Union Cabinet?

A
Foster high-performance biomanufacturing
B
Promote traditional farming practices
C
Increase coal production
D
Enhance organic farming

Question 28Single Answer

Which state launched the ‘Indiramma Atmiya Bharosa Scheme’ in 2025?

A
Telangana
B
Andhra Pradesh
C
Karnataka
D
Tamil Nadu

Question 29Single Answer

How many individuals were announced to receive the Padma Awards in 2025 by the Government of India?

A
121
B
139
C
140
D
165

Question 30Single Answer

Which Indian bank became the first to implement Clari5’s NCRP Integration Solution?

A
Bank of Baroda
B
Punjab National Bank
C
Bank of India
D
Canara Bank

Economics

Question 31Single Answer

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

Question 32Single Answer

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

Question 33Single Answer

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

Question 34Single Answer

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

Question 35Single Answer

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

Question 36Single Answer

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

Question 37Single Answer

Which one of the following is not reserved for public sector ?

A
Atomic energy
B
Railways
C
Insurance
D
Port Trust of India

Question 38Single Answer

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

Question 39Single Answer

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

Question 40Single Answer

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

Question 41Single Answer

For downward movement along the isoquants , MRTS of labour per unit of capital (MRTS_L,K) is given by:

A
–dK/dL
B
dK/dL
C
dL/dK
D
-dL/dK

Question 42Single Answer

Which of the following is not instructional material ?

A
Over Head Projector
B
Audio Casset
C
Printed Material
D
Transparency

Question 43Single Answer

Which of the following is the most significant in stabilization policy ?

A
Private investment
B
Inventory investment
C
Autonomous investment
D
Public investment

Question 44Single Answer

The concept of vicious circle of poverty is associated with :

A
Kindleberger
B
Schumpeter
C
Ragnar Frish
D
Gunnar Myrdal

Question 45Single Answer

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

Question 46Single Answer

The Opportunity Cost Curve assumes that

A
Labour is the only factor of production
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

Question 47Single Answer

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

Question 48Single Answer

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

Question 49Single Answer

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

Question 50Single Answer

The third moment around the mean is useful to measure

A
central tendency
B
Hirschman
C
peakedness
D
symmetry

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Economics

Question 51Single Answer

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

Question 52Single Answer

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

Question 53Single Answer

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

Question 54Single Answer

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

Question 55Single Answer

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.

Question 56Single Answer

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

Question 57Single Answer

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

Question 58Single Answer

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

Question 59Single Answer

Fiscal deficit less interest payments is called

A
Net fiscal deficit
B
Monetised deficit
C
Primary deficit
D
Budgetary deficit

Question 60Single Answer

How many countries are the members of European Union ?

A
25
B
28
C
26
D
15

Question 61Single Answer

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

Question 62Single Answer

The cost incurred by the firm in hiring labour is called as :

A
Explicit cost
B
Implicit Cost
C
Marginal Cost
D
Total Cost

Question 63Single Answer

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

Question 64Single Answer

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

Question 65Single Answer

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

Question 66Single Answer

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

Question 67Single Answer

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

Question 68Single Answer

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

Question 69Single Answer

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

Question 70Single Answer

Who explained importance of time element in price determination, for the first time ?

A
Chamberlin
B
Stigler
C
Mrs. Joan Robinson
D
Marshall

Question 71Single Answer

In case of indifference curve of two goods X and Y, as consumption of X increases :

A
MRS_XY increases
B
MRS_XY decreases
C
MRS_XY remains the same
D
MRS_XY increases but later on MRS_XY decreases

Question 72Single 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 73Single 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 74Single 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 75Single 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 76Single 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 77Single Answer

The concept of 'money illusion' was first given by whom ?

A
Milton Friedman
B
Irving Fisher
C
Robertson
D
J. M. Keynes

Question 78Single 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 79Single 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 80Single 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 81Single 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 :

Question 82Single 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 83Single 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 84Single Answer

In the classical linear regression model, X_i and U_i are assumed to be :

A
highly correlated
B
not correlated
C
positively correlated
D
negatively correlated

Question 85Single 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 86Single 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 87Single 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 88Single 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 89Single 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 90Single 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 91Single 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 92Single 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 93Single 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 94Single 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 95Single Answer

The efficiency condition in the production of pure public good requires that the production be carried out up to a point when :
{where MB_i, represents marginal Benefit of the 'i^th' individual and MB_j represents marginal Benefits that accrue to the 'j^th' individual and MC is the marginal cost}

Question 96Single 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 97Single 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 98Single 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 99Single 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 100Single 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 101Single Answer

Harrod-neutral technical progress is necessarily :

A
Growth augmenting
B
Laour augmenting
C
Capital augmenting
D
Resource augmenting

Question 102Single 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 103Single 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 104Single 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 105Single 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 106Single 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 107Single 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 108Single 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 109Single 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 110Single 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 111Single 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 112Single 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 113Single 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) MRP_L = 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 114Single 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 115Single 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 116Single 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 = A^T. B^T where A and B are matrices
(d) (A–1)T = (A^T)^–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 117Single 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 118Single 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 119Single 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 120Single 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

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