UGC NET PAPER 2 JUNE 21, 2015 SHIFT 1 ECONOMICS QUESTION PAPER

Note : This paper contains fifty (50) objective type questions of two (2) marks each. All questions
are compulsory.

1. In which one of the following market situations are the firms mutually interdependent in
pricing and output decisions ?
(1) Oligopoly (2) Monopsony
(3) Monopoly (4) Monopolistic Competition

2. “Value and Capital” is written by who among the following economists ?

(1) Hanson (2) Philipes (3) Ursula (4) J.R. Hicks

3. Giffen paradox occurs when income effect is :

(1) Greater than the substitution effect
(2) Equal to the substitution effect
(3) Less than the substitution effect
(4) Negative and is greater than the substitution effect

4. Which one of the following curves will respond the supply curve of labour ?
(1) Marginal product curve of labour
(2) Marginal revenue product curve of labour
(3) Value of marginal product curve of labour
(4) Average product curve of labour

5. Limit price refers to the :

(1) Price which maximizes the profits of the firm
(2) Price which prevents entry of new firms
(3) Price at which firm just starts earning a surplus over cost
(4) Maximum price which the firm is allowed to charge

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ÙæðÅU Ñ §â ÂýàÙ-˜æ ×ð´ ¿æâ (50) Õãé-çß·¤ËÂUèØ ÂýàÙ ãñ´Ð ÂýˆØð·¤ ÂýàÙ ·ð¤ Îô (2) ¥¢·¤ ãñ´Ð âÖè ¥çÙßæØü ãñ´Ð

1. çِÙçÜç¹Ì ÕæÁæÚU çSÍçÌØæð´ ×ð´ âð 緤⠰·¤ ×ð´ Ȥ×ðZ ©ˆÂæÎÙ ¥æñÚU ·¤è×Ì çÙÏæüÚU‡æ çهæüØæð´ ×ð´ ÂæÚUSÂçÚU·¤ M¤Â âð çÙÖüÚU
ãæðÌè ãñ´?
(1) ¥ËÂæçÏ·¤æÚU (2) ·ýð¤Ìæ - °·¤æçÏ·¤æÚU
(3) °·¤æçÏ·¤æÚU (4) °·¤æçÏ·¤æÚUè ÂýçÌSÂÏæü

2. çِÙçÜç¹Ì ×ð´ âð 緤⠥ÍüàææS˜æè Ùð ÒÒßñËØê °´ÇU ·ñ¤çÂÅUÜÓÓ àæèáü·¤ ·¤è ÂéSÌ·¤ çܹè ãñ?
(1) ãæÙâÙ (2) çȤç܌â (3) ©ÚUâéÜæ (4) Áð.¥æÚU. çã€â

3. ç»È¤Ù çßÚUæðÏæÖæâU ÌÕ ãæðÌæ ãñ, ÁÕ ¥æØ ·¤æ ÂýÖæß Ñ

(1) ÂýçÌSÍæÂÙ ÂýÖæß ·¤è ÌéÜÙæ ×ð´ ¥çÏ·¤ ãæðÌæ ãñ
(2) ÂýçÌSÍæÂÙ ÂýÖæß ·ð¤ â×æÙ ãæðÌæ ãñ
(3) ÂýçÌSÍæÂÙ ÂýÖæß âð ·¤× ãæðÌæ ãñ
(4) Ù·¤æÚUæˆ×·¤ ¥æñÚU ÂýçÌSÍæÂÙ ÂýÖæß âð ¥çÏ·¤ ãæðÌæ ãñ

4. çِÙçÜç¹Ì ×ð´ âð ·¤æñÙ âæ °·¤ ß·ý¤ Ÿæ× ·ð¤ ¥æÂêçÌü ß·ý¤ ·¤è ¥Ùéç·ý¤Øæ ·¤ÚðU»æ?
(1) Ÿæ× ·¤æ âè×æ´Ì ©ˆÂæÎ ß·ý¤ (2) Ÿæ× ·¤æ âè×æ´Ì ¥æØ ©ˆÂæÎ ß·ý¤
(3) Ÿæ× ·ð¤ âè×æ´Ì ©ˆÂæÎ ·¤æ ×êËØ ß·ý¤ (4) Ÿæ× ·¤æ ¥æñâÌ ©ˆÂæÎ ß·ý¤

5. ÂçÚUâè×Ù ·¤è×Ì ·¤æ ÌæˆÂØü ãñ Ñ

(1) ßã ·¤è×Ì, Áæð Ȥ×ü ·¤æ ×éÙæÈ¤æ ¥çÏ·¤Ì× ÕɸæÌè ãñ
(2) ßã ·¤è×Ì, Áæð Ù§ü Ȥ×æðZ ·¤æ Âýßðàæ ÚUæð·¤Ìè ãñ
(3) ßã ·¤è×Ì, çÁâ ÂÚU Ȥ×ü Üæ»Ì âð ¥çÏ·¤ ¥æØ ·¤æ ©ÂæÁüÙ àæéM¤ ·¤ÚU ÎðÌè ãñ
(4) ßã ¥çÏ·¤Ì× ·¤è×Ì, çÁâð ßâêÜÙð ·¤è Ȥ×ü ·¤æð ¥Ùé×çÌ Îè ÁæÌè ãñ

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6. General Pareto Optimality exists where :

X Y A B
(1) MRTS 5 MRTS (2) MRTXY 5 MRS 5 MRS
LK LK XY XY

L K MPL P
(3) MRTS 5 MRTS (4) 5 L
XY XY MPK PK

7. Advertisement is common in which of the following markets ?

(i) Oligopoly (ii) Perfect Competition

(iii) Monopolistic Competition (iv) Monopoly

Choose from the codes below :

(1) (i) and (iii) (2) (ii) and (iii) (3) Only (i) (4) Only (iii)

8. Intellectual property rights regime is managed by :

(1) IMF (2) W.T.O. (3) European Union (4) SAARC

9. Which of the following statements are true for a Euro currency market ? Answer from the
codes below :

(i) Its existence affects the effective conduct of monetary policy.

(ii) It is a highly regulated market.

Codes :

(1) Both (i) and (ii) are true (2) Neither (i) nor (ii) is true

(3) Only (i) is true (4) Only (ii) is true

10. According to Heckscher - ohlin theorem, a nation will export a commodity which is :

(1) Intensive in its relatively abundant factor

(2) Intensive in its relatively cheap factor

(3) Both (1) and (2) are necessary

(4) Neither (1) nor (2) in necessary

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6. ÂñÚðUÅUæð â´Õ´Ïè âæ×æ‹Ø §cÅUÌ×Ìæ ßãæ¡ Âæ§ü ÁæÌè ãñ, Áãæ´ ÂÚU Ñ
X Y A B
(1) MRTS 5 MRTS (2) MRTXY 5 MRS 5 MRS
LK LK XY XY

L K MPL P
(3) MRTS 5 MRTS (4) 5 L
XY XY MPK PK

7. çِÙçÜç¹Ì ÕæÁæÚUæð´ ×ð´ âð ç·¤â×ð´ çߙææÂÙ ¥æ× ÕæÌ ãæðÌè ãñ?

(i) ¥ËÂæçÏ·¤æÚU (ii) Âê‡æü ÂýçÌSÂÏæü
(iii) °·¤æçÏ·¤æÚUè ÂýçÌSÂÏæü (iv) °·¤æçÏ·¤æÚU
çِÙçÜç¹Ì ·ê¤ÅU ×ð´ âð ¿éÙð´ Ñ
(1) (i) ¥æñÚU (iii) (2) (ii) ¥æñÚU (iii) (3) ·ð¤ßÜ (i) (4) ·ð¤ßÜ (iii)

8. ç·¤â·ð¤ mæÚUæ Õæñçh·¤ â´ÂÎæ ¥çÏ·¤æÚU ÃØßSÍæ ·¤æ ÂýÕ´ÏÙ ç·¤Øæ ÁæÌæ ãñ?
(1) ¥æ§ü. °×. °È¤. (2) ÇUŽËØê. ÅUè. ¥æð. (3) ØêÚUæðçÂØÙ ØêçÙØÙ (4) âæ·ü¤

9. ØêÚUæð - ×éÎýæ ÕæÁæÚU ·ð¤ ÕæÚðU ×ð´ çِÙçÜç¹Ì ×ð´ âð ·¤æñÙâæ ·¤ÍÙ âãè ãñ? çِÙçÜç¹Ì ·ê¤ÅU ×ð´ â𠩞æÚU Îð´ Ñ
(i) §â·¤æ ¥çSÌˆß ×æñçÎý·¤ ÙèçÌ ·ð¤ ÂýÖæßæðˆÂæη¤ â´¿æÜÙ ·¤æð ÂýÖæçßÌ ·¤ÚUÌæ ãñÐ
(ii) Øã °·¤ ¥ˆØ´Ì çßçÙØç×Ì ÕæÁæÚU ãñÐ
·ê¤ÅU Ñ
(1) (i) ¥æñÚU (ii) ÎæðÙæð´ âãè ãñ´ñ (2) (i) ¥æñÚU (ii) ×ð´ âð ·¤æð§ü Öè âãè Ùãè´ ãñ
(3) ·ð¤ßÜ (i) âãè ãñ (4) ·ð¤ßÜ (ii) âãè ãñ

10. ãð€àæÚU - ¥æðãçÜÙ Âý×ðØ ·ð¤ ¥ÙéâæÚU ·¤æð§ü Öè Îðàæ ç·¤âè ßSÌé ·¤æ çÙØæüÌ ·¤ÚðU»æ Ñ
(1) çÁâ×ð´ ¥Âðÿææ·ë¤Ì Âý¿éÚU âæÏÙ ·ð¤ ÂýØæð» ·¤è ÌèßýÌæ ãñÐ
(2) çÁâ×ð´ ¥Âðÿææ·ë¤Ì âSÌð âæÏÙ ·ð¤ ÂýØæð» ·¤è ÌèßýÌæ ãñÐ
(3) ÎæðÙæð´ (1) ¥æñÚU (2) ¥æßàØ·¤ ãñ´
(4) (1) ¥æñÚU (2) ÎæðÙæð´ ×ð´ âð ·¤æð§ü Öè ¥æßàØ·¤ Ùãè´ ãñ

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11. Customs union always leads to :
(1) Trade diversion effect alone
(2) Trade creation effect alone
(3) Both trade creation and trade diversion effects
(4) Neither trade diversion nor trade creation effect

12. Which one of the following assumptions is the most important assumption in the
Heckscher - ohlin theorem of international trade ?
(1) Two - factor model (2) Two commodities
(3) No tariff (4) Constant tariff

13. In dual gap model, the two gaps refer to :

(1) Inflationary gap and investment gap
(2) Saving gap and deflationary gap
(3) Savings constraint and foreign exchange constraint
(4) Investment gap and savings gap

14. What is the value of the Gini coefficient for an income distribution characterised by complete
equality incomes ?
(1) Zero (2) 0.5 (3) 1 (4) : (infinity)

15. Which of the following has not been identified as a potential consequence of global
warming ?
(1) A fall in agricultural yields (2) The spread of disease
(3) The use of nuclear energy (4) A rise in sea levels

16. Assertion (A) : One of the characteristics of many underdeveloped countries is that
they have a low saving rate and low capital formulation.
Reason (R) : In underdeveloped countries this is mainly due to high level of
consumption.
Codes :
(1) Both (A) and (R) are true and (R) is the correct explanation of (A)
(2) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(3) (A) is true but (R) is false
(4) (A) is false but (R) is true

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11. ÌÅU·¤ÚU ⴃæ âÎñß ç·¤â·¤æ ×æ»ü ÂýàæSÌ ·¤ÚUÌæ ãñ?
(1) ·ð¤ßÜ ÃØæÂæÚU çßÂÍÙ ÂýÖæß
(2) ·ð¤ßÜ ÃØæÂæÚU âëÁÙ ÂýÖæß
(3) ÃØæÂæÚU âëÁÙ ¥æñÚU ÃØæÂæÚU çßÂÍÙ ÎæðÙæð´ ÂýÖæß
(4) ÃØæÂæÚU çßÂÍÙ ¥æñÚU ÃØæÂæÚU âëÁÙ ÂýÖæß ×ð´ âð ·¤æð§ü Öè Ùãè´

12. çِÙçÜç¹Ì ÏæÚU‡ææ¥æð´ ×ð´ âð ·¤æñÙâè ÏæÚU‡ææ ¥´ÌÚUæücÅþUèØ ÃØæÂæÚU ·¤è ãð€àæÚU - ¥æðãçÜÙ Âý×ðØ ×ð´ âßæüçÏ·¤ ×ãˆßÂê‡æü ãñ?
(1) Îæð - ·¤æÚU·¤ ×æòÇUÜ (2) Îæð ßSÌé°¡ (3) ·¤æð§ü ÂýàæéË·¤ Ùãè´ (4) çÙÚÌ´ÚU ÂýàæéË·¤

13. mØ ¥´ÌÚUæÜ ×æòÇUÜ ×ð´ Îæð ¥´ÌÚUæÜæð´ ·¤æ ÌæˆÂØü ãñ Ñ

(1) ×éÎýæSȤèçÌ·¤æÚUè ¥Ì´ÚUæÜ ¥æñÚU çÙßðàæ ¥´ÌÚUæÜ
(2) Õ¿Ì ¥´ÌÚUæÜ ¥æñÚU ¥ÂSȤèçÌ·¤æÚUè ¥´ÌÚUæÜ
(3) Õ¿Ì ÕæŠØÌæ ¥æñÚU çßÎðàæè ×éÎýæ ÕæŠØÌæ
(4) çÙßðàæ ¥´ÌÚUæÜ ¥æñÚU Õ¿Ì ¥´ÌÚUæÜ

14. ¥æØ ·¤è â×»ý â×æÙÌæ mæÚUæ ßç‡æüÌ ç·¤âè ¥æØ ·ð¤ ÕÅ´UÙ ·ð¤ ç»Ùè »é‡ææ´·¤ ·¤æ ×æÙ €Øæ ãñ?
(1) àæê‹Ø (2) 0.5 (3) 1 (4) : (¥Ù‹ÌÌæ)

15. ‚ÜæðÕÜ ßæç×Z» ·ð¤ çِÙçÜç¹Ì ÎêÚU»æ×è ÂçÚU‡ææ×æð´ ×ð´ âð 緤⠰·¤ ÕǸð ÎêÚU»æ×è ÂçÚU‡ææ× ·¤è Âã¿æÙ Ùãè´ ·¤è »§ü ãñ?
(1) ·ë¤çá ©ÂÁ ×ð´ ç»ÚUæßÅU (2) Õè×æÚUè ·¤æ Èñ¤ÜÙæ
(3) ÂÚU×æ‡æé ª¤Áæü ·¤æ ©ÂØæð» (4) â×éÎýè ÁÜ SÌÚU ×ð´ ßëçh

16. ¥çÖ·¤ÍÙ (A) Ñ ¥Ùð·¤ ¥Ë - çß·¤çâÌ Îðàææð´ ·¤è çßàæðáÌæ¥æð´ ×ð´ âð °·¤ Øã ãñ ç·¤ ©Ù×ð´ ¥ËÂ Õ¿Ì ÎÚU
¥æñÚU ¥Ë Âê´Áè çÙ×æü‡æ ãæðÌæ ãñÐ
·¤æÚU‡æ (R) : ¥Ë çß·¤çâÌ Îðàææð´ ×ð´ Øã ×éØ M¤Â âð ©ÂÖæ𻠷𤠩‘¿ SÌÚU ·ð¤ ·¤æÚU‡æ ãæðÌæ ãñÐ
·ê¤ÅU Ñ
(1) (A) ¥æñÚU (R) ÎæðÙæð´ âãè ãñ´, ÌÍæ (R), (A) ·¤è âãè ÃØæØæ ãñ
(2) (A) ¥æñÚU (R) ÎæðÙæð´ âãè ãñ´, ÂÚ´UÌé (R), (A) ·¤è âãè ÃØæØæ Ùãè´ ãñ
(3) (A) âãè ãñ, ÂÚ´UÌé (R) »ÜÌ ãñ
(4) (A) »ÜÌ ãñ, ÂÚ´UÌé (R) âãè ãñ

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17. Concept of ‘surplus value’ is developed by who among the following economists ?

(1) J. Schumpeter (2) Karl Marx (3) J.R. Hicks (4) R.A. Fisher

18. Monetary policy is most effective when investment spending is :

(1) Interest elastic and demand for money is also interest elastic

(2) Interest inelastic and demand for money is also interest inelastic

(3) Interest inelastic and demand for money is interest elastic

(4) Interest elastic and the demand for money is interest inelastic

19. Slope of the LM Curve depends upon which of the following ?

(1) Interest elasticity of investment

(2) Interest elasticity of income

(3) Interest elasticity of demand for money

(4) None of the above

20. In a closed economy and three sector model which of the following is true ?

(1) Household savings equal net investment

(2) Household savings equal gross investment

(3) Household savings plus depreciation equals gross investment plus government spending

(4) Household savings plus taxes plus depreciation equals gross investment plus government
spending

21. According to Keynes, the marginal efficiency of capital is the expected :

(1) Rate of return on financial assets

(2) Profit from real investment

(3) Profit from financial investment

(4) Rate of return on real investment

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17. çِÙçÜç¹Ì ×ð´ âð 緤⠥ÍüàææS˜æè mæÚUæ Ò¥çÏàæðá ×êËØÓ ·¤è ¥ßÏæÚU‡ææ çß·¤çâÌ ·¤è »§ü?

(1) Áð. àæê×ÂèÅUÚU (2) ·¤æÜü ×æ€âü (3) Áð. ¥æÚU. çã€â (4) ¥æÚU. °. çȤàæÚU

18. ×æñçÎý·¤ ÙèçÌ âßæüçÏ·¤ ÂýÖæßæðˆÂæη¤ ãæðÌè ãñ, ÁÕ çÙßðàæ ÃØØ Ñ

(1) ŽØæÁ - Üæð¿ÎæÚU ¥æñÚU ×éÎýæ ·¤è ×æ´» ×ð´ Öè ŽØæÁ-Üæð¿ÎæÚU ãæðÌæ ãñ

(2) ŽØæÁ - ÕðÜæð¿ÎæÚU ¥æñÚU ×éÎýæ ·¤è ×æ´» ×ð´ Öè ŽØæÁ - ÕðÜæð¿ÎæÚU ãæðÌæ ãññ

(3) ŽØæÁ - ÕðÜæð¿ÎæÚU ¥æñÚU ×éÎýæ ·¤è ×æ´» ×𴠎ØæÁ - Üæð¿ÎUæÚ ãæðÌæ ãñU

(4) ŽØæÁ - Üæð¿ÎæÚU ¥æñÚU ×éÎýæ ·¤è ×æ´» ×𴠎ØæÁ - ÕðÜæð¿ÎUæÚ ãæðÌæ ãñU

19. °Ü. °×. ß·ý¤ ·¤æ ÉUæÜ çِÙçÜç¹Ì ×ð´ âð ç·¤â ÂÚU çÙÖüÚU ·¤ÚUÌæ ãñ?

(1) çÙßðàæ ·¤è ŽØæÁ - Üæð¿ (2) ¥æØ ·¤è ŽØæÁ - Üæð¿

(3) ×éÎýæ ·¤è ×æ´» ·¤è ŽØæÁ - Üæð¿ (4) ©ÂÚUæð€Ì ×ð´ âð ·¤æð§ü Öè Ùãè´

20. ç·¤âè Õ´Î ¥ÍüÃØßSÍæ ¥æñÚU ç˜æÿæð˜æèØ ×æòÇUÜ ×ð´ çِÙçÜç¹Ì ×ð´ âð ·¤æñÙâæ âãè ãñ?

(1) ÂæçÚUßæçÚU·¤ Õ¿Ìð´ = çÙßÜ çÙßðàæ

(2) ÂæçÚUßæçÚU·¤ Õ¿Ìð´ = â·¤Ü çÙßðàæ

(3) ÂæçÚUßæçÚU·¤ Õ¿Ìð´ + ×êËØ Oæâ, = â·¤Ü çÙßðàæ + âÚU·¤æÚUè ÃØØ

(4) ÂæçÚUßæçÚU·¤ Õ¿Ìð´ + ·¤ÚU + ×êËØOæâ = â·¤Ü çÙßðàæ + âÚU·¤æÚUè ÃØØ

21. ·¤è‹â ·ð¤ ¥ÙéâæÚU Âê´Áè ·¤è âè×æ´Ì ·é¤àæÜÌæ ãñ ÂýˆØæçàæÌ Ñ

(1) çߞæèØ ÂçÚUâÂçžæØæð´ ÂÚU ÂýçÌÈ¤Ü ÎÚU (2) ßæSÌçß·¤ çÙßðàæ âð ×éÙæȤæ

(3) çߞæèØ çÙßðàæ âð ×éÙæȤæ (4) ßæSÌçß·¤ çÙßðàæ ÂÚU ÂýçÌÈ¤Ü ÎÚU
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22. In the classical macro system, money determines :

(1) Employment (2) Real output

(3) Both (1) and (2) (4) Neither (1) nor (2)

23.
Y
LM
rate of interest
A
r0 LM1

r2 C

IS
r1 B

X
O Y0 Y1
out put

On the conventional IS - LM diagram, LM curve shifts to LM1. Then which of the following
statements are true ?

(1) Liquidity effect is r0 r1 (2) Liquidity effect is r0 r2

(3) Liquidity effect is r2 r1 (4) None of the above

24. Consider the following statements about Phillips curve :

(i) There is inverse relationship between rate of inflation and rate of unemployment.

(ii) Economic behaviour is a function of nominal returns.

(iii) Economic behaviour is a function of real returns.

Of these statements which are true from the Monetarists point of view ?

(1) All the above are true (2) Only (i) and (ii) are true

(3) Only (ii) is true (4) Only (iii) is true

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22. ÂÚUÂÚUæ»Ì â×çcÅU Âý‡ææÜè ×ð´ ×éÎýæ çÙÏæüçÚUÌ ·¤ÚUÌè ãñ Ñ
(1) ÚUæðÁ»æÚU (2) ßæSÌçß·¤ ©ˆÂæÎÙ
(3) (1) ¥æñÚU (2) ÎæðÙæð´ (4) (1) ¥æñÚU (2) ×ð´ âð ·¤æð§ü Öè Ùãè´

23.
Y
LM
W ¡¯Š— £

A
r0 LM1

r2 C

IS
r1 B

X
O Y0 Y1
rQ‹¯— ¢

ÂÚUÂÚUæ»Ì IS - LM ¥æÚðU¹ ×ð´ LM ß·ý¤ LM1 ·¤è ¥æðÚU ¿Üæ ÁæÌæ ãñ Ìæð çِÙçÜç¹Ì ×ð´ âð ·¤æñÙâæ ·¤ÍÙ âãè ãñ?
(1) ÌÚUÜÌæ ÂýÖæß ãñ - r0 r1 (2) ÌÚUÜÌæ ÂýÖæß ãñ - r0 r2
(3) ÌÚUÜÌæ ÂýÖæß ãñ - r2 r1 (4) ©ÂÚUæð€Ì ×ð´ âð ·¤æð§ü Öè Ùãè´

24. çȤç܌â ß·ý¤ ·ð¤ ÕæÚðU ×ð´ çِÙçÜç¹Ì ߀ÌÃØæð´ ÂÚU çß¿æÚU ·¤Úð´U Ñ
(i) ×éÎýæ SȤèçÌ ·¤è ÎÚU ¥æñÚU ÕðÚUæðÁ»æÚUè ·¤è ÎÚU ·ð¤ Õè¿ çßÜæð× â´Õ´Ï ãæðÌæ ãñÐ
(ii) ¥æçÍü·¤ ÃØßãæÚU ×æñçÎý·¤ ÂýçÌÈ¤Ü ·¤æ ȤÜÙ ãæðÌæ ãñÐ
(iii) ¥æçÍü·¤ ÃØßãæÚU ßæSÌçß·¤ ÂýçÌÈ¤Ü ·¤æ ȤÜÙ ãæðÌæ ãñÐ
©ÂÚUæð€Ì ·¤ÍÙæð´ ×ð´ âð ·¤æñÙâð ·¤ÍÙ ×éÎýæßæçÎØæð´ ·ð¤ çß¿æÚU ·¤è ÎëçcÅU âð âãè ãñ´?
(1) ©ÂÚUæð€Ì âÖè ·¤ÍÙ âãè ãñ´ (2) ·ð¤ßÜ (i) ¥æñÚU (ii) âãè ãñ´
(3) ·ð¤ßÜ (ii) âãè ãñ (4) ·ð¤ßÜ (iii) âãè ãñ
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25. An interest rate risk means :

(1) When borrowers fail to fulfil the terms of the loan contract

(2) A rise in interest rate will mean a fall in the value of security in the secondary market

(3) A rise in interest rate will raise the value of financial security in the secondary market

(4) When unintended inflation arises

26. In the classical macro system money determines which of the following ?

(1) Output and Prices (2) Employment and Prices

(3) Output and Employment (4) Prices

27. When nominal GDP is ` 11,000 crores and real GDP is ` 10,000 crores, GDP deflator is :

(1) 9.09 (2) 90.91 (3) 1.11 (4) 110

28. Assertion (A) : India has a big potential demographic dividend.

Reason (R) : India’s population growth rate is declining.

Codes :

(1) Both (A) and (R) are correct and (R) is the correct explanation of (A)

(2) (A) is correct but (R) is not correct

(3) Both (A) and (R) are correct but (R) is not the correct explanation of (A)

(4) (R) is correct but (A) is incorrect

29. Recently the base year for calculating GDP in India has been changed to :

(1) 2009 - 10 (2) 2011 - 12 (3) 2014 - 15 (4) 2004 - 05

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25. ŽØæÁ ÎÚU Áæðç¹× ·¤æ ÌæˆÂØü ãñ Ñ
(1) ÁÕ ©ÏæÚU·¤Ìæü «¤‡æ â´çßÎæ ·¤è àæÌðZ ÂêÚUè ·¤ÚUÙð ×ð´ ¥âÈ¤Ü ÚUãÌð ãñ´
(2) ŽØæÁ ÎÚU ×ð´ ßëçh ·¤æ ÌæˆÂØü Øã ãñ ç·¤ çmÌèØ·¤ ÕæÁæÚU ×ð´ çߞæèØ ÂýçÌÖêçÌØæð´ ·ð¤ ×êËØ ×ð´ ç»ÚUæßÅU ãæð»è
(3) ŽØæÁ ÎÚU ×ð´ ßëçh çmÌèØ·¤ ÕæÁæÚU ×ð´ çߞæèØ ÂýçÌÖêçÌØæð´ ·ð¤ ×êËØ ×ð´ ßëçh ·¤ÚðU»è
(4) ÁÕ ¥ÙçÖÂðýÌ ×éÎýæSȤèçÌ ÕɸÌè ãñ

26. €Üæçâ·¤èØ â×çcÅU çÙ·¤æØ ×ð´ ×éÎýæ mæÚUæ €Øæ çÙÏæüçÚUÌ ç·¤Øæ ÁæÌæ ãñ?
(1) ©ˆÂæÎÙ °ß´ ·¤è×Ìð´ (2) ÚUæðÁ»æÚU °ß´ ·¤è×Ìð´
(3) ÚUæðÁ»æÚU °ß´ ©ˆÂæÎÙ (4) ·¤è×Ìð´

27. ÁÕ ×æñçÎý·¤ â·¤Ü ƒæÚðUÜê ©ˆÂæÎ ` 11,000 ·¤ÚUæðǸ ¥æñÚU ßæSÌçß·¤ â·¤Ü ƒæÚðUÜê ©ˆÂæÎ ` 10,000 ·¤ÚUæðǸ ãñ, ÌÕ â·¤Ü
ƒæÚðUÜê ©ˆÂæÎ ¥ÂSȤèçÌ·¤æÚU·¤ ãñ Ñ
(1) 9.09 (2) 90.91 (3) 1.11 (4) 110

28. ¥çÖ·¤ÍÙ (A) Ñ ÖæÚUÌ ×ð´ ÁÙæ´ç·¤·¤è ÜæÖæ´àæ ·¤è ÃØæ·¤ â´ÖæßÙæ ãñÐ
·¤æÚU‡æ (R) : ÖæÚUÌ ·¤è ÁÙⴁØæ ßëçh ÎÚU ×ð´ ·¤×è ¥æ ÚUãè ãñ Ð
·ê¤ÅU Ñ
(1) (A) ¥æñÚU (R) ÎæðÙæð´ âˆØ ãñ´ ¥æñÚU (R), (A) ·¤è âãè ÃØæØæ ãñÐ
(2) (A) âˆØ ãñ, ÂÚU‹ÌéU (R) ¥âˆØ ãñÐ
(3) (A) ¥æñÚU (R) ÎæðÙæð´ âˆØ ãñ´, ÂÚU‹Ìé (R), (A) ·¤è âãè ÃØæØæ Ùãè´ ãñÐ
(4) (R) âˆØ ãñ, ÂÚU‹Ìé (A) ¥âˆØ ãñÐ

29. ãæÜ ãè ×ð´ ÖæÚUÌ ×ð´ â·¤Ü ƒæÚðUÜê ©ˆÂæÎ ·¤è »‡æÙæ ·¤ÚUÙð ·ð¤ çÜ° ¥æÏæÚU ßáü ·¤æð çِÙæÙéâæÚU ÂçÚUßçÌüÌ ç·¤Øæ »Øæ ãñ Ñ
(1) 2009 - 10 (2) 2011 - 12 (3) 2014 - 15 (4) 2004 - 05

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30. Which of the following states has the largest share in the total food grains produced in
India ?
(1) Punjab (2) U.P. (3) Haryana (4) M.P.

31. JAM trinity means :

(1) Jan - Dhan Account Money
(2) Jan, Awas, Money
(3) Jan - Dhan Yojana, Aadhar, Mobile Numbers
(4) Jyoti, Aadhar, Mobile

32. Who is the originator of ‘Buddhist Economics’ ?

(1) Lee Kuan Yew (2) Dalai Lama
(3) E.F. Schumacher (4) Shinzo Abe

33. Which of the following is not a credit rating agency ?

(1) Moody (2) Standard and Poor
(3) Fitch (4) Nasdaq

34. Which of the following is not used to measure inflation ?

(1) Whole Sale Price Index Number (2) Consumer Price Index Number
(3) Purchasing Power Parity Prices (4) GDP Deflator

35. Which one of the following pairs is not correctly matched ?

(1) Similarly placed persons should be taxed similarly - Horizontal equity
(2) Interest payments are deducted from fiscal deficit - Primary deficit
(3) Goods which are divisible and principle of exclusion - Pure private goods
applies in full measure
(4) Tax on goods and services is levied according to item’s - State excise duties
value

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30. çِÙçÜç¹Ì ×ð´ âð ç·¤â ÚUæ’Ø ·¤è ÖæÚUÌ ×ð´ ·é¤Ü ¹ælæ‹Ù ©ˆÂæÎÙ ×ð´ âÕâð ¥çÏ·¤ çãSâðÎæÚUè ãñ?
(1) ´ÁæÕ (2) ©žæÚU ÂýÎðàæ (3) ãçÚUØæ‡ææ (4) ×ŠØ ÂýÎðàæ

31. ÒÒÁð.°.°×.ÓÓ ˜æØè âð €Øæ ÌæˆÂØü ãñ?

(1) ÁÙÏÙ ¹æÌæ ÏÙ (2) ÁÙ, ¥æßæâ, ÏÙ
(3) ÁÙÏÙ ØæðÁÙæ, ¥æÏæÚU, ×æðÕæ§Ü ِÕÚU (4) ’ØæðçÌ, ¥æÏæÚU, ×æðÕæ§Ü

32. ÒÕéhßæÎè ¥ÍüàææS˜æÓ ·ð¤ Á‹×ÎæÌæ ·¤æñÙ ãñ´?

(1) Üè ·é¤¥æ´ Øê (2) ÎÜæ§ü Üæ×æ (3) §ü.°È¤. àæé×æ·¤ÚU (4) çàæ´Áæð °Õð

33. çِÙçÜç¹Ì ×ð´ âð ·¤æñÙ - âæ °·¤ âæ¹ ÚðUçÅ´U» çÙÏæüÚU‡æ ¥çÖ·¤ÚU‡æ Ùãè´ ãñ?
(1) ×êÇUè (2) SÅñ´UÇUÇüU °´ÇU Âê¥ÚU (3) çȤ¿ (4) ÙæSÎð·¤

34. çِÙçÜç¹Ì ×ð´ âð ç·¤â·¤æ ©ÂØæð» ×éÎýæSȤèçÌ ·ð¤ ×æÂÙð ×ð´ Ùãè´ ç·¤Øæ ÁæÌæ ãñ?
(1) Íæð·¤ ×êËØ âê¿·¤æ´·¤ (2) ©ÂÖæð€Ìæ ×êËØ âê¿·¤æ´·¤
(3) ·ý¤Ø - àæç€Ì â×Ìæ ×êËØ (4) â·¤Ü ƒæÚðUÜê ©ˆÂæÎ ¥ÂSȤèçÌ·¤æÚU·¤

35. çِÙçÜç¹Ì ×ð´ âð ·¤æñÙ - âæ °·¤ ÁæðǸæ âãè âé×ðçÜÌ Ùãè´ ãñ?

(1) °·¤ â´ß»èüØ ÃØç€ÌØæð´ ÂÚU °·¤â×æÙ ·¤ÚU Ü»æØæ ÁæÙæ ¿æçã° - â×SÌÚUèØ âæØæ

(2) ŽØæÁ Öé»ÌæÙ ·¤è ·¤ÅUæñÌè ÚUæÁ·¤æðáèØ ƒææÅðU âð ·¤è ÁæÌè ãñ - ÂýæÍç×·¤ ƒææÅUæ

(3) çßÖæ’Ø ßSÌé°´ ¥æñÚU Õçãc·¤ÚU‡æ ·ð¤ çâhæ´Ì Âê‡æüÌÑ Üæ»ê ãæðÌð ãñ´ - àæéh çÙÁè ßSÌé°¡

(4) ßSÌé¥æð´ °ß´ âðßæ¥æð´ ÂÚU ·¤ÚU ©Ù·ð¤ ×êËØ ·ð¤ ¥ÙéâæÚU Ü»æØæ ÁæÌæ ãñ - ÚUæ’Ø ©ˆÂæÎ àæéË·¤

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36. During the year 2012 - 13, which one of the following was the largest item of expenditure of
the central government ?

(1) Major subsidies (2) Defence expenditure

(3) Interest payment (4) Capital expenditure

37. 14th Finance Commission recommended funds as :

(1) Central Assistance to States (CAS)

(2) States Development Funds

(3) States Share in Sales Taxes

(4) States Contributions to Centre

38. FRBM Act 2012 put a ceiling to fiscal deficit of GDP is :

(1) 6 percent (2) 5 percent (3) 4 percent (4) 3 percent

39. Rostow distinguishes five different stages of economic growth which are :

(i) Pre - conditions for take - off

(ii) Drive to maturity

(iii) Stage of high mass consumption

(iv) Traditional society

(v) Take - off

Which one of the following is the correct sequence of stages of growth ?

(1) (i), (ii), (iii), (iv), (v)

(2) (ii), (i), (iii), (iv), (v)

(3) (iv), (i), (ii), (iii), (v)

(4) (iv), (i), (v), (ii), (iii)

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36. ßáü 2012 - 13 ·ð¤ ÎæñÚUæÙ çِÙçÜç¹Ì ×ð´ âð ·¤æñÙ-âæ °·¤ ·ð¤‹Îý âÚU·¤æÚU ·ð¤ ÃØØ ·¤æ âÕâð ÕǸæ ×Î Íæ?

(1) Âý×é¹ ÚUæÁâãæØÌæ (2) ÚUÿææ ÃØØ (3) ŽØæÁ ¥ÎæØ»è (4) Âê´Áè»Ì ÃØØ

37. ¿æñÎãßð´ çßžæ ¥æØæð» Ùð çِÙçÜç¹Ì ×ð´ âð ç·¤â M¤Â ×ð´ çÙçÏØæð´ ·¤è çâȤæçÚUàæ ·¤è Íè?

(1) ÚUæ’Øæð´ ·¤æð ·ð¤‹ÎýèØ âãæØÌæ (âè.°.°â.) (2) ÚUæ’Ø çß·¤æâ çÙçÏ

(3) çÕ·ý¤è ·¤ÚU ×ð´ ÚUæ’Øæð´ ·¤è çãSâðÎæÚUè (4) ·ð¤‹Îý ·¤æð ÚUæ’Øæð´ ·¤æ Øæð»ÎæÙ

38. °È¤.¥æÚ.Õè.°×. ¥çÏçÙØ×, 2012 Ùð â·¤ÜU ƒæÚðUÜê ©ˆÂæÎ ·¤è ÚUæÁ·¤æðáèØ ƒææÅUæ ·¤è ©‘¿Ì× âè×æ çÙÏæüçÚUÌ ·¤è ãñ Ñ

(1) 6 ÂýçÌàæÌ (2) 5 ÂýçÌàæÌ (3) 4 ÂýçÌàæÌ (4) 3 ÂýçÌàæÌ

39. ÚUæðSÅUæðß, ¥æçÍü·¤ çß·¤æâ ·ð¤ Âæ¡¿ çßç֋٠¥ßSÍæ¥æð´ ·¤æð çِ٠Âý·¤æÚU Ÿæð‡æèÕh ·¤ÚUÌð ãñ´ Ñ

(i) ©Ç¸æÙ ÖÚUÙð ·¤è Âêßü Îàææ°´

(ii) ÂçÚU€ßÌæ ·¤è ¥æðÚU ¥»ýâÚU

(iii) ©‘¿ ÁÙ ©ÂÖæð» ·¤æ SÌÚU

(iv) ÂÚUÂÚUæ»Ì â×æÁ

(v) ©Ç¸æÙ ÖÚUÙæ

çِÙçÜç¹Ì ×ð´ âð ·¤æñÙ-âæ °·¤ çß·¤æ⠷𤠿ÚU‡ææð´ ·¤æ âãè ·ý¤× ãñ?

(1) (i), (ii), (iii), (iv), (v)

(2) (ii), (i), (iii), (iv), (v)

(3) (iv), (i), (ii), (iii), (v)

(4) (iv), (i), (v), (ii), (iii)

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40. The saving function underlying Cambridge growth model is :

(1) Proportional saving function (2) Classical saving function

(3) Differential saving function (4) Absolute saving function

41. According to Keynesions, creeping inflation will help in :

(1) Minimising unemployment (2) Maximising real output

(3) None of (1) or (2) above (4) Both (1) and (2) above

42. In the famous equation M=P K Y, K stands for :

(1) Fraction of real output held for transaction

(2) Fraction of money supply held by persons

(3) Fraction of money value of output (transactions) held by public

(4) None of the above

43. Geometric mean of 2, 6 and x is equal to 6. What is the value of x ?

(1) 2 (2) 18 (3) 9 (4) 3

44. Standard Error (S.E.) of a large sample of size n from a population whose variance is s2 is :

s2 s s2 s
(1) SE 5 (2) SE 5 (3) SE 5 (4) SE 5
n n n n

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40. ·ñ¤çÕýÁ çß·¤æâ ×æÇòUÜ ·¤æð ÚðU¹æ´ç·¤Ì ·¤ÚUÙð ßæÜæ Õ¿Ì È¤ÜÙ ãñ Ñ

(1) ¥æÙéÂæçÌ·¤ Õ¿Ì È¤ÜÙ (2) €Üæçâ·¤èØ Õ¿Ì È¤ÜÙ

(3) çßÖðÎæˆ×·¤ Õ¿Ì È¤ÜÙ (4) çÙÚUÂðÿæ Õ¿Ì È¤ÜÙ

41. ·¤è‹âßæçÎØæ𴠷𤠥ÙéâæÚU, Úð´U»Ìè ãé§ü ×éÎýSȤèçÌ âãæØ·¤ ãæð»è Ñ

(1) ÕðÚUæðÁ»æÚUè ·¤æð ·¤× ·¤ÚUÙð ×ð´ (2) ßæSÌçß·¤ ©ˆÂæÎÙ ·¤æð ÕɸæÙð ×ð´

(3) ©ÂØüé€Ì (1) ¥Íßæ (2) ×ð´ âð ·¤æð§ü Ùãè´ (4) ©ÂØüé€Ì (1) ¥æñÚU (2) ÎæðÙæð´

42. Âýçâh â×è·¤ÚU‡æ M=P K Y ×ð´ K çِÙçÜç¹Ì ×ð´ âð ç·¤â·ð¤ çÜ° ãñ Ñ

(1) ÜðÙÎðÙ ·ð¤ çÜ° ç·¤° »° ßæSÌçß·¤ ©ˆÂæÎÙ ·¤æ Öæ»

(2) ÃØç€ÌØæð´ mæÚUæ ç·¤° »° ×éÎýæ ¥æÂêçÌü ·¤æ Öæ»

(3) ÁÙÌæ mæÚUæ ç·¤° »° ©ˆÂæÎÙ (ÜðÙÎðÙ) ·ð¤ ×æñçÎý·¤ ×êËØ ·¤æ Öæ»

(4) ©ÂØüé€Ì ×ð´ âð ·¤æð§ü Ùãè´

43. 2, 6 ¥æñÚU x ·¤æ ’Øæç×ÌèØ ×æŠØ 6 ·ð¤ â×æÙ ãñÐ x ·¤æ ×æÙ €Øæ ãñ?

(1) 2 (2) 18 (3) 9 (4) 3

44. ÁÙⴁØæ ·ð¤ ¥æ·¤æÚU ·ð¤ °·¤ ÕǸð Ù×êÙð n ·¤è ×æÙ·¤ ˜æéçÅU (S.E.) çÁâ·¤æ çß¿ÚU‡æ s2 ãñ, ßã ãñ :

s2 s s2 s
(1) SE 5 (2) SE 5 (3) SE 5 (4) SE 5
n n n n

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45. What is the probability of throwing a total of 8 from a single throw of two dice ?

1 2 5 3
(1) (2) (3) (4)
8 9 36 36

46. The estimated regression lines are given as follows :

Y51010.4 X

X52411.6 Y

Then the coefficient of correlation between X and Y is.

(1) 0.64 (2) 0.40 (3) 0.20 (4) 0.80

47. For a distribution, Mean526, Median514, and Mode57, the distribution would be :

(1) Positively skewed (2) Negatively skewed

(3) Symmetrical (4) None of the above

48. For a normal distribution, consider the following statements :

(i) It has two points of inflexion.

(ii) The distance from the mean zero of these inflexion points is ± s .

Answer from the codes below :

Codes :

(1) Both (i) and (ii) are true (2) Neither (i) nor (ii) are true

(3) Only (i) is true (4) Only (ii) is true

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45. Îæð Âæ¡âæ𴠷𤠰·¤ÕæÚU Èð´¤·¤Ùð ÂÚU 8 ¥æÙð ·¤è ·é¤Ü ÂýæçØ·¤Ìæ €Øæ ãñ?

1 2 5 3
(1) (2) (3) (4)
8 9 36 36

46. Âý怷¤çÜÌ ÂýçÌ»×Ù ÚðU¹æ°´ çِÙæÙéâæÚU Îè »§ü ãñ´ Ñ

Y51010.4 X

X52411.6 Y

ÌÕ, X ¥æñÚU Y ·ð¤ Õè¿ âãâÕ‹Ï ·¤æ »é‡ææ´·¤ ãñ Ñ

(1) 0.64 (2) 0.40 (3) 0.20 (4) 0.80

47. ç·¤âè Õ´ÅUÙ ·ð¤ çÜ°, ×æŠØ526, ×æçŠØ·¤æ514 ¥æñÚU ÕãéÜ·¤57 ãñ, ÌÕ Õ´ÅUÙ ãæð»æ Ñ

(1) ÏÙæˆ×·¤ M¤Â âð çßá× (2) «¤‡ææˆ×·¤ M¤Â âð çßá×

(3) â×ç×Ì (4) ©ÂØüé€Ì ×ð´ âð ·¤æð§ü Ùãè´

48. Âýâæ×æ‹Ø Õ´ÅUÙ ·ð¤ â´Õ´Ï ×ð´ çِÙçÜç¹Ì ·¤ÍÙæð´ ÂÚU çß¿æÚU ·¤èçÁ° Ñ

(i) §â×ð´ ÙçÌ ÂçÚUßÌüÙ ·ð¤ Îæð çՋÎé ãæðÌð ãñ´Ð

(ii) §Ù ÙçÌ ÂçÚUßÌüÙ çՋÎé¥æð´ ·¤è àæê‹Ø ×æŠØ âð ÎêÚUè ± s ãñÐ

Ùè¿ð çΰ »° ·ê¤ÅUæð´ â𠩞æÚU ÎèçÁ° Ñ

·ê¤ÅU :

(1) (i) ¥æñÚU (ii) ÎæðÙæð´ âãè ãñ´ (2) (i) ¥æñÚU (ii) ×ð´ âð ·¤æð§ü âãè Ùãè´ ãñ

(3) ·ð¤ßÜ (i) âãè ãñ (4) ·ð¤ßÜ (ii) âãè ãñ

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49. Match the items in List - I and List - II and answer from the codes given below :
List - I List - II
(a) Simple random sampling (i) Non - probability sampling
(b) Systematic sampling (ii) Random - choice of all items from each
stratum
(c) Quota sampling (iii) Random selection of first and systematic of
the rest
(d) Stratified random sampling (iv) Equal probability of each item in all trials
Codes :
(a) (b) (c) (d)
(1) (i) (ii) (iii) (iv)
(2) (ii) (iv) (i) (iii)
(3) (iv) (iii) (i) (ii)
(4) (iii) (i) (ii) (iv)

50. If in a village all the farmers are divided into three categories - marginal, small and large, and
then a sample of 20 farmers is taken randomly from each category, this could be called :
(1) Systematic sampling (2) Stratified sampling
(3) Cluster sampling (4) Multi - stage sampling

-o0o-

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49. âê¿è - I ÌÍæ âê¿è - II ·¤è ×Îæð´ ·¤æð âé×ðçÜÌ ·¤èçÁØð ÌÍæ çÎØð ãéØð ·ê¤ÅUæ𴠷𤠥æÏæÚU ÂÚU ©žæÚU ÎèçÁØð Ñ
âê¿è - I âê¿è - II
(a) âÚUÜ ØæÎëç‘ÀU·¤ ÂýçÌÎàæü (i) ¥ÂýæçØ·¤Ìæ ÂýçÌÎàæü
(b) ·ý¤×Õh ÂýçÌÎàæü (ii) ÂýˆØð·¤ SÌÚU ·ð¤ âÖè ×Îæð´ ·¤æ ØæÎëç‘ÀU·¤ çß·¤ËÂ
(c) ·¤æðÅUæ ÂýçÌÎàæü (iii) ÂýÍ× ·¤æ ØæÎëç‘ÀU·¤ ¿ØÙ ¥æñÚU àæðá ·¤æ ·ý¤×Õh ¿ØÙ
(d) SÌçÚUÌ ØæÎëç‘ÀU·¤ ÂýçÌÎàæü (iv) âÖè ÂÚUèÿæ‡ææð´ ×ð´ ÂýˆØð·¤ ×Î ·¤è â×æÙ ÂýæçØ·¤Ìæ
·ê¤ÅU Ñ
(a) (b) (c) (d)
(1) (i) (ii) (iii) (iv)
(2) (ii) (iv) (i) (iii)
(3) (iv) (iii) (i) (ii)
(4) (iii) (i) (ii) (iv)

50. ØçÎ ç·¤âè »æ¡ß ×ð´ âÖè ç·¤âæÙæð´ ·¤æð ÌèÙ ß»æðZ - âè×æ´Ì, ÀUæðÅðU °´ß ÕǸð ç·¤âæÙæð´ ×ð´ çßÖæçÁÌ ç·¤° ÁæÌð ãñ´, ¥æñÚU
̈Âà¿æÌ÷ ÂýˆØð·¤ ß»ü âð 20 ç·¤âæÙæð´ ·¤æð °·¤ ÂýçÌÎàæü ØæÎëç‘ÀU·¤ M¤Â âð çÜØæ ÁæÌæ ãñ, Ìæð §âð ·¤ãæ Áæ â·¤Ìæ ãñ Ñ
(1) ÃØßçSÍÌ ÂýçÌ¿ØÙ (2) SÌçÚUÌ ÂýçÌ¿ØÙ
(3) â×êã (€ÜSÅUÚU) ÂýçÌ¿ØÙ (4) Õãé¿ÚU‡æ ÂýçÌ¿ØÙ

-o0o-

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