Economics (UGC/NET Paper II & III)
Description: Economics Test 9 | |
Number of Questions: 25 | |
Created by: Saurabh Mittal | |
Tags: Economics Test 9 Development and Planning Theory of Production and Costs The Public Budgets Micro-Economic Analysis Classical Approach Indian Economy Agriculture New Industrial Policy and Liberalization Unemployment Macro-Economic Analysis |
When government expenditure exceeds total government receipts, the budget deficit is:
In Harrod -Domar model, if the growth rate of income is 5% and capital-output ratio is 3, then saving rate must be
Assertion (A) : Sen's P-measure is preferred both of Head Count ratio and the poverty gap ratio. Reason (R) Sen won the 'Nobel prize'.
Arrange the option having the right chronological order. (i) Introduction of Rolling Plan (ii) The movement from Planning to Market mechanism (iii) Feldman-Mahalanobis Model (iv) Declaration of Plan holiday
The overall production of food grains in India in 2006 - 07 was
Assertion (A) : According o Milton Friedman, the slope of the long-run Phillips curve is vertical. Reason (R) : The expectations about future inflation are the basic cause of the non-existence of the trade-off between inflation and unemployment in the long-run.
Second Five Year plan was based on a model developed by:
New Economic Policy in India was introduced in:
Mode of production refers to:
Starting with the earliest. arrange the following schemes chronologically: (I) Prime Minister's Rozgar Yojana (ii) Rural Employment Generation Programme (iii) Sampoorna Grameena Rozgar Yojana (iv) National Food for Work Programme
Assertion (A) : Coefficient of Concurrent Deviations is calculated between the direction of deviations and not their magnitudes. Reason (R) : If it is desired to study the correlation between two series in a very casual manner.
Pareto Optimality can take place at any point on:
According to Economic Survey 2007-2008, lndia's exports as per cent of GDP in 2006 -2007 stood at:
The Deficit Budget in which the deficits are covered through taxes is called
Domestic Savings Rate during the IX period was
Assertion (A) : According to Hicks, trade cycle occurs due to the interaction between multiplier, and accelerator. Reason (R) In Hicksian business cycle theory, accelerator is impotent in the depression phase.
Arrange the option having the right chronological order. (i) Specific Target-group Oriented Programmes (ii) Introduction of Family Planning (iii) Direct Anti-poverty Programmes (iv) Minimum Needs Programme
Starting with the earliest, arrange the following authors chronologically in the context of development of theory of Oligopoly: (i) E. Stackelberg (ii) P. Sweezy (iii) 1. Bertrand (iv) A. Cournot
Assertion (A) : As per the recent Indian experience, a fall in the of employment generation is associated with a fall in the rate of economic growth. Reason (R) : Working of the Okun's law.
Assertion (A) : Giffen goods have a positively sloped demand curse. Reason (R) : The positive substitution effect in their case is more than offset by negative income effect.
On Current Daily Status (CDS) basis, the incidence of unemployment in India in 2004 - 05 was
The doctrine of unbalanced growth has not been advocated by
Public Enterprises in India have developed only in
Match the following ||| |---|---| | List - I| List - II| | 1. Principle of absolute advantage| (i) Rybezynski| | 2. Effects of factor endowment changes on trade| (ii) Samuelson| | 3. Theory of reciprocal demand| (iii) Adam Smith| | 4. Factor price equalisation theorem| (iv) J.S. Mill|
Match the following
List-I | |
List-Il | |
1. Revealed Preference hypothesis | |
(i) A. Bergson | |
2. Quasi rent | |
(ii) B.S. Minhas | |
3. Elasticity of substitution | |
(iii) A. Marshall | |
4. Social welfare function | |
(iv) P.A. Samuelson | |