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Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 75

Instructions for the Candidates ¯Ö¸ßõÖÖÙ£ÖμÖÖë Ûê ×»Ö‹ ×®Ö¤ì¿Ö1. ¯ÖÆ»Öê ¯ÖéÂš Ûê ‰ ¯Ö¸ ×®ÖμÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ †¯Ö®ÖÖ ¸Öê»Ö ®Ö´²Ö¸ ×»Ö×ÜÖ‹ …2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÆ¢Ö¸ ²ÖÆã×¾ÖÛ »¯ÖßμÖ ¯ÖÏ¿®Ö Æï …3. ¯Ö¸ßõÖÖ ¯ÖÏÖ¸´³Ö ÆÖê®Öê ¯Ö¸, ¯ÖÏ¿®Ö-¯Öã×ÃŸÖÛ Ö †Ö¯ÖÛ Öê ¤ê ¤ß �ÖÖμÖêÝÖß … ¯ÖÆ»Öê

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PAPER-IIIECONOMICS

(To be filled by the Candidate)

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D 1 2

D-01-12 1 P.T.O.

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Paper-III 2 D-01-12

1. A demand curve, which is parallel to the horizontal axis, showing quantity, has the price elasticity equal to

(A) Zero

(B) Infinity

(C) Less than one

(D) One

2. Although a monopolist can charge any price he likes, but does not charge a higher price than his equilibrium price because

(A) higher price means fall in total revenue.

(B) higher price can be charged only on that segment of firm’s demand curve which is price inelastic implying that the marginal revenue will be negative.

(C) it is inconsistent with profit maximization goal under monopoly.

(D) marginal cost will be negative over the relevant range of output.

3. Which of the following conditions

specify the least cost-output combination ?

(A) PL/Pk = MRTS

(B) PL/Pk = MPL/MPk

(C) MPk/MPL = dL/dK

(D) All the above

4. Which of the following is not

relevant in case of Sweezy’s oligopoly model ?

(A) A price cut by a firm is followed by the price cut by the rival firms.

(B) Price hike is not followed by the rival firms.

(C) Firms do not react to price change made by one of the firms.

(D) Firms react to all kinds of price changes made by the rival.

5. Quasi rent is the reward to a factor of production which is

(A) Economic rent in the short run but transfer earnings in the long run.

(B) Transfer earnings in the short run. (C) Transfer earnings both in the

short and long run. (D) Economic rent both in the short

and long run.

6. According to the Loanable Funds Theory, the rate of interest is a function of

(A) Investment (B) Desire to hoard money (C) Quantity of money (D) All the above

7. While analyzing the marginal productivity theory of distribution, Clark gave more emphasis on.

(A) Demand for Labour (B) Supply of Labour (C) Both Demand as well as

Supply of Labour (D) Profit Maximization

ECONOMICS PAPER – III

Note : This paper contains seventy five (75) objective type questions of two (2) marks each. All questions are compulsory.

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D-01-12 3 Paper-III

1. ´ÖÖÑÝÖ ¾ÖÛÎ , �ÖÖê õÖî×ŸÖ�Ö †õÖ Ûê ÃÖ´ÖÖ®ÖÖÓŸÖ¸ Æî †Öî¸

´ÖÖ¡ÖÖ ¤¿ÖÖÔŸÖß Æî, Û ß Û ß´ÖŸÖ »ÖÖê“Ö ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûê

²Ö¸Ö²Ö¸ ÆÖêŸÖß Æî :

(A) ¿Öæ®µÖ

(B) †®Ö®ŸÖ

(C) ‹Û ÃÖê Û ´Ö

(D) ‹Û

2. µÖª×¯Ö ‹Û Ö×¬ÖÛ Ö¸ß �ÖÖê “ÖÖÆê Û ß´ÖŸÖ »Öê ÃÖÛ ŸÖÖ Æî

»Öê×Û ®Ö ¾ÖÆ ÃÖ®ŸÖã»Ö®Ö ÃŸÖ¸ Û ß Û ß´ÖŸÖ ÃÖê †×¬ÖÛ

Û ß´ÖŸÖ ®ÖÆà »ÖêŸÖê ŒµÖÖë×Û

(A) †×¬ÖÛ Û ß´ÖŸÖ Û Ö †£ÖÔ Æî Ûã »Ö ¸Ö�ÖÃ¾Ö

Û ´Ö ÆÖê �ÖÖ®ÖÖ …

(B) ± ´ÖÔ Ûê ´ÖÖÑÝÖ ¾ÖÛÎ (Û ¾ÖÔ) Ûê ²Öê»ÖÖê“Ö ÜÖÓ›

´Öë †×¬ÖÛ Û ß´ÖŸÖ ÆÖêŸÖß Æî †£ÖÖÔŸÖ ÃÖß´ÖÖ®ŸÖ

¸Ö�ÖÃ¾Ö ®ÖÛ Ö¸ÖŸ´ÖÛ ÆÖêÝÖÖ …

(C) ‹Û Ö×¬ÖÛ Ö¸ Ûê †ÓŸÖÝÖÔŸÖ ˆ““Ö Û ß´ÖŸÖ »ÖÖ³Ö

†×¬ÖÛ ŸÖ´ÖßÛ ¸ÞÖ Ûê »ÖõµÖÖë Ûê †ÃÖÓÝÖŸÖ

ÆÖêŸÖß Æî …

(D) ˆŸ¯ÖÖ¤®Ö Û ß ¯ÖÏÖÃÖÓ×ÝÖÛ ÃÖß´ÖÖ ¯Ö¸ ÃÖß´ÖÖ®ŸÖ

»ÖÖÝÖŸÖë ®ÖÛ Ö¸ÖŸ´ÖÛ ÆÖëÝÖß …

3. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖß ×Ã£Ö×ŸÖ ®µÖæ®ÖŸÖ´Ö

»ÖÖÝÖŸÖ †Öˆ™¯Öã™ ÃÖÓµÖÖê�Ö®Ö ²ÖŸÖÖŸÖß Æî ?

(A) PL/Pk = MRTS

(B) PL/Pk = MPL/MPk

(C) MPk/MPL = dL/dK

(D) ˆ¯ÖµÖãÔŒŸÖ ÃÖ³Öß

4. ‘Ã¾Öß�ÖÌß Ûê †Öò×»ÖÝÖÖê¯ÖÖê»Öß ´ÖÖò›»Ö’ Û ß ×Ã£Ö×ŸÖ ´Öë

×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖÖ ÃÖÓÝÖŸÖ ®ÖÆà Æî ? (A) ‹Û ± ´ÖÔ «Ö¸Ö Û ß´ÖŸÖ ´Öë Û ™ÖîŸÖß Û Ö

¯ÖÏ×ŸÖÃ¯Ö¬Öá ± ´ÖÔ «Ö¸Ö †¯Ö®ÖÖµÖÖ �ÖÖ®ÖÖ … (B) Û ß´ÖŸÖ ´Öë ²ÖœÌÖêŸÖ¸ß Û Öê ¯ÖÏ×ŸÖÃ¯Ö¬Öá ± ´ÖÔ

«Ö¸Ö ®Ö †¯Ö®ÖÖ®ÖÖ … (C) ‡®Ö´Öë ÃÖê ×Û ÃÖß ‹Û «Ö¸Ö ×Û ‹ ÝÖ‹ Û ß´ÖŸÖ

¯Ö×¸¾ÖŸÖÔ®Ö ¯Ö¸ ± ´ÖÖí Û ß ¯ÖÏ×ŸÖ×ÛÎ µÖÖ ®Ö ÆÖê®ÖÖ …

(D) ¯ÖÏ×ŸÖÃ¯Ö¬Öá «Ö¸Ö ÃÖ³Öß ¯ÖÏÛ Ö¸ Ûê Û ß´ÖŸÖ ¯Ö×¸¾ÖŸÖÔ®ÖÖë Û Ö ± ´ÖÖí ¯Ö¸ †ÃÖ¸ ÆÖê®ÖÖ …

5. †Ö³ÖÖÃÖß »ÖÝÖÖ®Ö ˆŸ¯ÖÖ¤®Ö Ûê Û Ö¸Û Ûê ×»Ö‹ ¯ÖÏ×ŸÖ± »Ö Æî �ÖÖê ×Û ÆÖêŸÖÖ Æî

(A) †»¯Ö-†¾Ö×¬Ö ´Öë †ÖÙ£ÖÛ »ÖÝÖÖ®Ö »Öê×Û ®Ö ¤ß‘ÖÔ †¾Ö×¬Ö ´Öë †ÓŸÖ¸ÞÖ †ÖµÖ …

(B) †»¯Ö-†¾Ö×¬Ö ´Öë †ÓŸÖ¸ÞÖ †ÖµÖ … (C) †»¯Ö ŸÖ£ÖÖ ¤ß‘ÖÔ ¤Öê®ÖÖë Æß †¾Ö×¬ÖµÖÖë ´Öë

†ÓŸÖ¸ÞÖ †ÖµÖ … (D) †»¯Ö ŸÖ£ÖÖ ¤ß‘ÖÔ ¤Öê®ÖÖë †¾Ö×¬ÖµÖÖë ´Öë

†ÖÙ£ÖÛ »ÖÝÖÖ®Ö …

6. Š ÞÖ ¤êµÖ ×®Ö×¬Ö ×ÃÖ¨Ö®ŸÖ (»ÖÖê®Öê²Ö»Ö ±Ó › £µÖÖê¸ß) Ûê †®ÖãÃÖÖ¸ ²µÖÖ�Ö ¤¸ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖÛ Ö ± »Ö®Ö Æî ?

(A) ×®Ö¾Öê¿Ö (B) ¬Ö®Ö ÃÖÓÝÖÏÆ Û ß ‡“”Ö (C) ¬Ö®Ö Û ß ´ÖÖ¡ÖÖ (D) ˆ¯ÖµÖãÔŒŸÖ ÃÖ³Öß

7. ×¾ÖŸÖ¸ÞÖ Ûê ÃÖß´ÖÖ®ŸÖ ˆŸ¯ÖÖ¤Û ŸÖÖ ×ÃÖ¨Ö®ŸÖ Û Ö ×¾Ö¿»ÖêÂÖÞÖ Û ¸ŸÖê ÃÖ´ÖµÖ, Œ»ÖÖÛÔ ®Öê ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖ ¯Ö¸ †×¬ÖÛ �ÖÌÖê¸ ×¤µÖÖ ?

(A) ÁÖ´Ö Ûê ×»Ö‹ ´ÖÖÑÝÖ ¯Ö¸ (B) ÁÖ´Ö †Ö¯ÖæÙŸÖ ¯Ö¸ (C) ÁÖ´Ö Û ß †Ö¯ÖæÙŸÖ ŸÖ£ÖÖ ´ÖÖÑÝÖ ¤Öê®ÖÖë ¯Ö¸ (D) »ÖÖ³Ö †×¬ÖÛ ŸÖ´ÖßÛ ¸ÞÖ ¯Ö¸

†£ÖÔ¿ÖÖÃ¡Ö ¯ÖÏ¿®Ö¯Ö¡Ö – III

ÃÖæ“Ö®ÖÖ : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÆ¢Ö¸ (75) ²ÖÆã-×¾ÖÛ »¯ÖßµÖ ¯ÖÏ¿®Ö Æï … ¯ÖÏŸµÖêÛ ¯ÖÏ¿®Ö Ûê ¤Öê (2) †ÓÛ Æï … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æï …

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Paper-III 4 D-01-12

8. A general equilibrium is defined as a state in which all economic units maximize their respective objective functions, all prices are simultaneously in equilibrium and all markets are cleared. The statement is

(A) Correct (B) Not correct (C) Perfectly correct (D) None of the above

9. According to Mundell in an optimum currency area, the achievement of internal and external balance is possible through

(A) Capital flows (B) Inflow of funds from abroad (C) Official development

assistance (D) The mobility of factors

10. An agreement between two countries to maintain a free trade area, a common external tariff, free mobility of capital and labour and degree of unification in government policies and monetary policy is called

(A) Common market (B) Free trade area (C) Economic union (D) Customs union

11. The core principles of multi lateral trading system are :

I. Non-Discrimination II. Reciprocity III. Protectionism IV. Domestic Safeguards Select the right code from the list

given below : (A) I, II and IV are correct. (B) II and III are correct. (C) II, III and IV are correct. (D) I and II are correct.

12. Assertion (A) : Many developing countries contend that labour standards constitute a barrier to free trade.

Reason (R) : Their competitive advantage in the global economy is cheap labour.

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

(B) Both (A) and (R) are true and (R) is the correct explanation of (A).

(C) (A) is false but (R) is true.

(D) (A) is true but (R) is false.

13. Arrange in order the WTO ministerials :

I. Geneva

II. Doha

III. Hong Kong

IV. Seattle

(A) II, IV, III, I (B) III, IV, I, II

(C) IV, II, III, I (D) I, IV, II, III

14. What does Hedging mean ?

(A) The acceptance of a foreign exchange risk.

(B) The covering of a foreign exchange risk.

(C) Foreign exchange speculation.

(D) Foreign exchange arbitrage.

15. In which terms a unit of SDR was originally denominated ?

(A) The world marked value of U.S. Dollar

(B) The gold value equivalent of one US Dollar

(C) The Pound-Sterling

(D) The German Mark

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D-01-12 5 Paper-III

8. ÃÖÖ´ÖÖ®µÖ ÃÖ®ŸÖã»Ö®Ö ÃÖê †×³Ö¯ÖÏÖµÖ ˆÃÖ ×Ã£Ö×ŸÖ ÃÖê Æî ×�ÖÃÖ´Öë ÃÖ³Öß †ÖÙ£ÖÛ ‡Û Ö‡µÖÖÑ †¯Ö®Öê-†¯Ö®Öê ¾ÖÃŸÖã¯Ö¸Û Û ÖµÖÖí Û Öê †×¬ÖÛ ŸÖ´Ö Û ¸ŸÖß Æï †Öî¸ ÃÖÖ£Ö-ÃÖÖ£Ö Æß ÃÖ³Öß Û ß´ÖŸÖë ³Öß ÃÖÓŸÖã»Ö®Ö ´Öë ¸ÆŸÖß Æï †Öî¸ ÃÖ³Öß ²ÖÖ�ÖÌÖ¸Öë ´Öë ÃÖ®ŸÖã»Ö®Ö ÆÖê �ÖÖŸÖÖ Æî … µÖÆ Û £Ö®Ö :

(A) ÃÖÆß Æî … (B) ÃÖÆß ®ÖÆà Æî … (C) ¯ÖæÞÖÔ º ¯Ö ÃÖê ÃÖÆß Æî … (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê Û Öê‡Ô ®ÖÆà …

9. ´ÖãÓ›ê»Ö Ûê †®ÖãÃÖÖ¸ ‡Â™ŸÖ´Ö ´Öã¦Ö õÖê¡Ö ´Öë †Ö®ŸÖ×¸Û †Öî¸ ²ÖÖÊ ÃÖ®ŸÖã»Ö®Ö Û ß ˆ¯Ö»Ö×²¬Ö ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûê �ÖÌ×¸‹ ÃÖ´³ÖÖ×¾ÖŸÖ Æï :

(A) ¯ÖæÑ�Öß ¯ÖÏ¾ÖÖÆ (B) ²ÖÖÆ¸ ÃÖê ×®Ö×¬ÖµÖÖë Û Ö †®ŸÖ¾ÖÖÔÆ (C) ÃÖ¸Û Ö¸ß ×¾ÖÛ ÖÃÖ ÃÖÆÖµÖŸÖÖ (D) Û Ö¸Û Öë Û ß ÝÖ×ŸÖ¿Öß»ÖŸÖÖ

10. ´ÖãŒŸÖ ¾µÖÖ¯ÖÖ¸ õÖê¡Ö ²Ö®ÖÖ‹ ¸ÜÖ®Öê †Öî¸ ÃÖÖ´ÖÖ®µÖ ²ÖÖÊ ™î×¸± , ¯ÖæÑ�Öß †Öî¸ ÁÖ´Ö Û ß ×®Ö²ÖÖÔ¬Ö ÝÖ×ŸÖ¿Öß»ÖŸÖÖ †Öî¸ ÃÖ¸Û Ö¸ß ®Öß×ŸÖµÖÖë ŸÖ£ÖÖ ´Öã¦Ö ®Öß×ŸÖ ´Öë Ûã ” ÃÖß´ÖÖ ŸÖÛ ‹Û ßÛ ¸ÞÖ ²Ö®ÖÖ‹ ¸ÜÖ®Öê Ûê ×»Ö‹ ¤Öê ¤ê¿ÖÖë Ûê ²Öß“Ö ÆÖê®Öê ¾ÖÖ»Öê Û ¸Ö¸ Û Öê Û ÆÖ �ÖÖŸÖÖ Æî

(A) Û Öò´Ö®Ö ´ÖÖÛì ™ (B) ´ÖãŒŸÖ ¾µÖÖ¯ÖÖ¸ õÖê¡Ö (C) †ÖÙ£ÖÛ ÃÖÓ‘Ö (D) ÃÖß´ÖÖ-¿Öã»Û ÃÖÓ‘Ö

11. ²ÖÆã¯ÖõÖßµÖ ¾µÖÖ¯ÖÖ¸ ¯Ö¨×ŸÖ Ûê ´Öæ»Ö ×ÃÖ¨Ö®ŸÖ Æï : I. †³Öê¤ßÛ ¸ÞÖ II. ¯ÖÖ¸Ã¯Ö×¸Û ŸÖÖ III. ÃÖÓ¸õÖÞÖ¾ÖÖ¤

IV. ‘Ö¸ê»Öæ ÃÖã¸õÖÖ ˆ¯ÖÖµÖ ®Öß“Öê ¤ß ÝÖ‡Ô ÃÖæ“Öß ÃÖê ÃÖÆß Û Öê› “Öã×®Ö‹ :

(A) I, II †Öî IV ÃÖÆß Æï … (B) II †Öî III ÃÖÆß Æï … (C) II, III †Öî IV ÃÖÆß Æï … (D) I †Öî II ÃÖÆß Æï …

12. †×³ÖÛ £Ö®Ö (A) : ²ÖÆãŸÖ ÃÖê ×¾ÖÛ ÖÃÖ¿Öß»Ö ¤ê¿ÖÖë Û Ö µÖÆ ŸÖÛÔ Æî ×Û ÁÖ´Ö ´ÖÖ®ÖÛ ´ÖãŒŸÖ ¾µÖÖ¯ÖÖ¸ ´Öë ²ÖÖ¬ÖÖ ²Ö®ÖŸÖê Æï …

Û Ö¸ÞÖ (R) : ˆÃÖÛ Ö ¯ÖÏ×ŸÖµÖÖêÝÖß »ÖÖ³Ö ¾Öî×¿¾ÖÛ †£ÖÔ¾µÖ¾ÖÃ£ÖÖ ´Öë ÃÖÃŸÖÖ ÁÖ´Ö Æî …

(A) (A) †Öî (R) ¤Öê®ÖÖë ÃÖŸµÖ Æï, †Öî¸ (R),

(A) Û ß ÃÖÆß ¾µÖÖÜµÖÖ ®ÖÆà Æî …

(B) (A) †Öî (R) ¤Öê®ÖÖë ÃÖŸµÖ Æï, †Öî¸ (R),

(A) Û ß ÃÖÆß ¾µÖÖÜµÖÖ Æî …

(C) (A) †ÃÖŸµÖ Æî, ×Û ®ŸÖã (R) ÃÖŸµÖ Æî …

(D) (A) ÃÖŸµÖ Æî, ×Û ®ŸÖã (R) †ÃÖŸµÖ Æî …

13. ×¾Ö¿¾Ö ¾µÖÖ¯ÖÖ¸ ÃÖÓÝÖš®Ö ´Ö×®¡ÖµÖÖë Û ß ²ÖîšÛ Öë Û Öê

ÛÎ ´Ö ´Öë ¾µÖ¾Ö×Ã£ÖŸÖ Û ¸ë :

I. �Öê®Öê¾ÖÖ

II. ¤ÖêÆÖ

III. ÆÖÑÝÖ Û ÖÑÝÖ

IV. ÃÖß™ê»Ö

(A) II, IV, III, I (B) III, IV, I, II

(C) IV, II, III, I (D) I, IV, II, III

14. ÆêØ�ÖÝÖ Û Ö ŸÖÖŸ¯ÖµÖÔ Æî

(A) ×¾Ö¤ê¿Öß ×¾Ö×®Ö´ÖµÖ �ÖÖê×ÜÖ´Ö Û ß Ã¾ÖßÛ ÖµÖÔŸÖÖ

(B) ×¾Ö¤ê¿Öß ×¾Ö×®Ö´ÖµÖ �ÖÖê×ÜÖ´Ö Û ß Û ¾ÖØ¸ÝÖ

(C) ×¾Ö¤ê¿Öß ×¾Ö×®Ö´ÖµÖ ¯Ö×¸Û »¯Ö®ÖÖ

(D) ×¾Ö¤ê¿Öß ×¾Ö×®Ö´ÖµÖ ×¾Ö¾ÖÖ“Ö®Ö (†Ö¸×²Ö™¸ê�ÖÌ)

15. ‹ÃÖ.›ß.†Ö¸. Û ß µÖæ×®Ö™ Û Öê ´Öæ»Ö º ¯Ö ÃÖê ×Û ÃÖ

º ¯Ö ´Öë ®ÖÖ×´ÖŸÖ ×Û µÖÖ ÝÖµÖÖ £ÖÖ ?

(A) µÖæ.‹ÃÖ. ›Öò»Ö¸ Û Ö ×¾Ö¿¾Ö ²ÖÖ�ÖÌÖ¸ ´Öæ»µÖ

(B) ‹Û µÖæ.‹ÃÖ. ›Öò»Ö¸ Ûê ÃÖ´ÖŸÖã»µÖ Ã¾ÖÞÖÔ-´Öæ»µÖ

(C) ¯ÖÖï›-Ã™Ú»ÖÝÖ

(D) �Ö´ÖÔ®Ö ´ÖÖÛÔ

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Paper-III 6 D-01-12

16. Which of the following is an adverse effect of Euro Currency Market ?

(A) International Capital Market (B) Decrease in World’s Nominal

Money Supply (C) Integration of International

Capital Markets (D) Meeting BOP Deficit 17. Employment Guarantee Scheme was

first introduced in (A) Gujarat (B) Madhya Pradesh (C) Maharashtra (D) Tamil Nadu

18. According to Weber’s Theory of Location, the important factors influencing location are

1. Transport Cost 2. Land Cost 3. Labour Cost 4. Innovation Cost Choose the correct code : (A) 1 & 2 (B) 2 & 3 (C) 1 & 3 (D) 1 & 4

19. Given below are two statements, one labelled as assertion (A) and the other labelled as Reason (R).

Assertion (A) : India’s Public sector helped in the development of a sound industrial base.

Reason (R) : Public sector is under State control. The role of State in formulating appropriate policies and providing financial and other support has helped the public sector.

(A) (A) is correct, but (R) is wrong. (B) Both (A) & (R) are correct. (C) (A) is wrong but (R) is correct. (D) Both (A) and (R) are wrong.

20. Match ‘labour force’ with the appropriate item from amongst the following :

(A) Work force (B) All educated (C) Employed + Unemployed (D) All rural workers 21. There are four phases of a business

cycle. Identify the correct sequence of the occurrence of these phases :

(A) Recovery, Recession, Expansion, Depression

(B) Recovery, Expansion, Depression, Recession

(C) Depression, Expansion, Recession, Recovery

(D) Recovery, Expansion, Recession, Depression

22. The production of ‘finished steel’ in

India, since independence, has increased over

(A) 10 times (B) 20 times (C) 30 times (D) 50 times 23. The concept of ‘Effective Revenue

Deficit’ has been used for the first time in the Union Budget for

(A) 2009 – 10 (B) 2010 – 11 (C) 2011 – 12 (D) 2008 – 09

24. Which tax is likely to contribute maximum to the Central Government tax revenue during the year 2011 – 12 ?

(A) Central Excise Duty (B) Customs Duties (C) Income Tax (D) Corporate Tax

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D-01-12 7 Paper-III

16. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖÛ Ö µÖæ¸Öê ´Öã¦Ö ²ÖÖ�ÖÌÖ¸ ¯Ö¸ ¯ÖÏ×ŸÖÛæ »Ö ¯ÖÏ³ÖÖ¾Ö ¯Ö›ÌŸÖÖ Æî ?

(A) †®ŸÖ¸ÖÔÂ™ÒßµÖ ¯ÖæÑ�Öß ²ÖÖ�ÖÌÖ¸

(B) ×¾Ö¿¾Ö Û ß †Ó×Û ŸÖ ´Öã¦Ö †Ö¯ÖæÙŸÖ ´Öë Û ´Öß

(C) †®ŸÖ¸ÖÔÂ™ÒßµÖ ¯ÖæÑ�Öß ²ÖÖ�ÖÖ¸Öë Û Ö ‹Û ßÛ ¸ÞÖ

(D) ²Öß.†Öê.¯Öß. ‘ÖÖ™ê Û Öê ¯Öæ¸Ö Û ¸®ÖÖ 17. ¸Öê�ÖÌÝÖÖ¸ ÝÖÖ¸®™ß µÖÖê�Ö®ÖÖ ÃÖ¾ÖÔ¯ÖÏ£Ö´Ö Û ÆÖÑ †Ö¸´³Ö

Û ß ÝÖ‡Ô ?

(A) ÝÖã�Ö¸ÖŸÖ

(B) ´Ö¬µÖ ¯ÖÏ¤ê¿Ö

(C) ´ÖÆÖ¸ÖÂ™Ò

(D) ŸÖ×´Ö»Ö®ÖÖ›ã

18. ¾Öê²Ö¸ £µÖÖê¸ß †Öò± »ÖÖêÛê ¿Ö®Ö Ûê †®ÖãÃÖÖ¸ »ÖÖêÛê ¿Ö®Ö ¯Ö¸ †ÃÖ¸ ›Ö»Ö®Öê ¾ÖÖ»Öê ´ÖÆ¢¾Ö¯ÖæÞÖÔ Û Ö¸Û Æï

1. ¯Ö×¸¾ÖÆ®Ö »ÖÖÝÖŸÖ

2. ³Öæ×´Ö »ÖÖÝÖŸÖ

3. ÁÖ´Ö »ÖÖÝÖŸÖ

4. ®Ö¾ÖßÛ ¸ÞÖ »ÖÖÝÖŸÖ

Ûæ ™ : (A) 1 †Öî 2 (B) 2 †Öî 3

(C) 1 †Öî 3 (D) 1 †Öî 4

19. ®Öß“Öê ¤Öê Û £Ö®Ö ×¤‹ ÝÖ‹ Æï … ‹Û Û Öê †×³ÖÛ £Ö®Ö (A) †Öî¸ †®µÖ Û Öê Û Ö¸ÞÖ (R) Û Ö ®ÖÖ´Ö ×¤µÖÖ ÝÖµÖÖ Æî :

†×³ÖÛ £Ö®Ö (A) : ³ÖÖ¸ŸÖ Ûê ¯Ö×²»ÖÛ ÃÖêŒ™¸ ®Öê Ã¾ÖÃ£Ö †ÖîªÖê×ÝÖÛ †Ö¬ÖÖ¸ Ûê ×¾ÖÛ ÖÃÖ ´Öë ÃÖÆµÖÖêÝÖ ×¤µÖÖ …

Û Ö¸ÞÖ (R) : ¯Ö×²»ÖÛ ÃÖêŒ™¸ ¸Ö�µÖ Ûê ×®ÖµÖÓ¡ÖÞÖÖ¬Öß®Ö Æî … ÃÖ´Öã×“ÖŸÖ ®Öß×ŸÖ ŸÖîµÖÖ¸ Û ¸®Öê †Öî¸ ×¾Ö¢ÖßµÖ ŸÖ£ÖÖ †®µÖ ÃÖÆµÖÖêÝÖ ¤ê®Öê ´Öë ¸Ö�µÖ Û ß ³Öæ×´ÖÛ Ö ÃÖê ¯Ö×²»ÖÛ ÃÖêŒ™¸ Û Öê ²ÖÆãŸÖ ´Ö¤¤ ×´Ö»Öß Æî …

(A) (A) ÃÖÆß Æî ¯Ö¸ (R) ÝÖ»ÖŸÖ Æî …

(B) ¤Öê®ÖÖë (A) †Öî (R) ÃÖÆß Æï …

(C) (A) ÝÖ»ÖŸÖ Æî, ×Û ®ŸÖã (R) ÃÖÆß Æî …

(D) (A) †Öî (R) ¤Öê®ÖÖë ÝÖ»ÖŸÖ Æï …

20. ‘ÁÖ´Ö¿Ö×ŒŸÖ’ Û Ö ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ˆ¯ÖµÖãŒŸÖ ´Ö¤ ÃÖê ×´Ö»ÖÖ®Ö Û ¸ë :

(A) Û ÖµÖÔ ²Ö»Ö

(B) ÃÖ³Öß ×¿Ö×õÖŸÖ

(C) ¸Öê�ÖÌÝÖÖ¸ ¯ÖÏÖ¯ŸÖ †Öî¸ ²Öê¸Öê�ÖÌÝÖÖ¸

(D) ÃÖ³Öß ÝÖÏÖ´ÖßÞÖ Û ÖµÖÔÛ ¢ÖÖÔ

21. ¾µÖÖ¯ÖÖ¸ “ÖÛÎ Ûê “ÖÖ¸ “Ö¸ÞÖ Æï … ‡®Ö “Ö¸ÞÖÖë Ûê

‘Ö×™ŸÖ ÆÖê®Öê Û Ö ÃÖÆß †®ÖãÛÎ ´Ö ²ÖŸÖÖ‹Ñ :

(A) ¾ÖÃÖæ»Öß, †¾Ö´ÖÓ¤®Ö, ×¾ÖÃŸÖÖ¸, ´ÖÓ¤ß

(B) ¾ÖÃÖæ»Öß, ×¾ÖÃŸÖÖ¸, ÖÓ¤ß, †¾Ö´ÖÓ¤®Ö

(C) ´ÖÓ¤ß, ×¾ÖÃŸÖÖ¸, †¾Ö´ÖÓ¤®Ö, ¾ÖÃÖæ»Öß

(D) ¾ÖÃÖæ»Öß, ×¾ÖÃŸÖÖ¸, †¾Ö´ÖÓ¤®Ö, ´ÖÓ¤ß

22. †Ö�ÖÌÖ¤ß Ûê ²ÖÖ¤ ÃÖê ³ÖÖ¸ŸÖ ´Öë ‘ ŸÖîµÖÖ¸ Ã™ß»Ö’ Û Ö

ˆŸ¯ÖÖ¤®Ö ×Û ŸÖ®ÖÖ ²ÖœÌÖ Æî ?

(A) 10 ÝÖã®ÖÖ

(B) 20 ÝÖã®ÖÖ

(C) 30 ÝÖã®ÖÖ

(D) 50 ÝÖã®ÖÖ

23. ÃÖÓ‘Ö ²Ö�Ö™ ´Öë ‘ ¯ÖÏ³ÖÖ¾Öß ¸Ö�ÖÃ¾Ö ‘ÖÖ™Ö’ ¯ÖÏŸµÖµÖ Û Ö

¯ÖÏµÖÖêÝÖ ÃÖ¾ÖÔ¯ÖÏ£Ö´Ö ×Û ÃÖ ¾ÖÂÖÔ ×Û µÖÖ ÝÖµÖÖ ?

(A) 2009 – 10 Öë

(B) 2010 – 11Öë

(C) 2011 – 12 ´Öë

(D) 2008 – 09 Öë

24. ¾ÖÂÖÔ 2011 – 12 Öë Ûê ®¦ ÃÖ¸Û Ö¸ Ûê ¸Ö�ÖÃ¾Ö ´Öë

×Û ÃÖ Û ¸ ÃÖê ÃÖ¾ÖÖÔ×¬ÖÛ †ÖµÖ ÃÖÓ³ÖÖ×¾ÖŸÖ Æî ?

(A) Ûê ®¦ßµÖ ˆŸ¯ÖÖ¤®Ö ¿Öã»Û

(B) ÃÖß´ÖÖ ¿Öã»Û

(C) †ÖµÖÛ ¸

(D) ×®ÖÝÖ´Ö Û ¸ / Û Öò¸¯ÖÖê¸ê™ Û ¸

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Paper-III 8 D-01-12

25. Gross fiscal deficit of the State Governments is financed by

I. Market Borrowings

II. Printing of Currency

III. Loans from the Central Government

IV. External Borrowings

Find the correct answer from the given code :

Codes :

(A) I, II and III are correct.

(B) II, III and IV are correct.

(C) I and III are correct.

(D) II and IV are correct.

26. Match the items of List – I with the items of List – II from the given code :

List – I List – II

i. Canons of Taxation

1. U.K. Hicks

ii. Canons of Public Expenditure

2. Adam Smith

iii. Effective incidence of Tax

3. Findlay Shirras

iv. Benefits received approach of Public Expenditure

4. Erik Lindahl

Codes :

i ii iii iv

(A) 2 3 1 4

(B) 1 2 3 4

(C) 2 3 4 1

(D) 4 1 2 3

27. Assertion (A) : During the financial year 2011-12, the Central Government is not likely to achieve the target of raising ` 40,000 crores through disinvestment policy.

Reason (R) : Policy of increased public borrowings to bridge the fiscal gap is justified.

In the context of the above two statements, which one is correct from the given ?

Codes :

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

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

(C) (A) is correct but (R) is incorrect.

(D) (R) is correct but (A) is incorrect.

28. Arrange the following Reports in chronological order from the given codes :

I. Direct taxes Enquiry Committee Final Report

II. Final Report on Rationalizing and Simplification of the Tax Structure

III. Indian Tax Reforms-Report of a Survey

IV. Taxation Enquiry Commission

Codes :

(A) IV, III, II, I

(B) I, II, III, IV

(C) III, I, IV, II

(D) II, III, I, IV

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D-01-12 9 Paper-III

25. ¸Ö�µÖ ÃÖ¸Û Ö¸Öë Û Ö ÃÖÛ »Ö ¸Ö�ÖÛ ÖêÂÖßµÖ ‘ÖÖ™Ö ×¾Ö¢Ö¯ÖÖê×ÂÖŸÖ ×Û µÖÖ �ÖÖŸÖÖ Æî

I. ²ÖÖ�ÖÖ¸ Š ÞÖ Ûê «Ö¸Ö

II. Û ¸ê®ÃÖß Ûê ´Öã¦ÞÖ «Ö¸Ö

III. Ûê ®¦ ÃÖ¸Û Ö¸ ÃÖê Š ÞÖ Ûê «Ö¸Ö

IV. ×¾Ö¤ê¿Öß Š ÞÖ «Ö¸Ö

×®Ö´®Ö×»Ö×ÜÖŸÖ Ûæ ™ ´Öë ÃÖê ÃÖÆß ˆ¢Ö¸ “Öã×®Ö‹ :

Ûæ ™ :

(A) I, II ¾Ö III ÃÖÆß Æï …

(B) II, III ¾Ö IV ÃÖÆß Æï …

(C) I ¾Ö III ÃÖÆß Æï …

(D) II ¾Ö IV ÃÖÆß Æï …

26. ÃÖæ“Öß – I ´Öë ×¤µÖê ÝÖ‹ ´Ö¤Öë Û Öê ÃÖæ“Öß – II ´Öë ´Ö¤Öë

Ûê ÃÖÖ£Ö ×´Ö»ÖÖ®Ö Û ß×�Ö‹ :

ÃÖæ“Öß – I ÃÖæ“Öß – II

i. Û ¸Ö¬ÖÖ®Ö Ûê

×®ÖµÖ´Ö

1. µÖæ.Ûê . ×ÆŒÃÖ

ii. ÃÖÖ¾ÖÔ�Ö×®ÖÛ ¾µÖµÖ

Ûê ×®ÖµÖ´Ö

2. ‹›´Ö ×Ã´Ö£Ö

iii. ¯ÖÏ³ÖÖ¾Öß Û ¸Ö³ÖÖ¸ 3. ×± Þ›Ì»Öê

×¿Ö¸Ö�ÖÌ

iv. ÃÖÖ¾ÖÔ�Ö×®ÖÛ ¾µÖµÖ

Û Ö »ÖÖ³Ö ¯ÖÏÖ×¯ŸÖ

ˆ¯ÖÖÝÖ´Ö

4. ‹×¸Û

×»Ö®›ÌÖ»Ö

Ûæ ™ :

i ii iii iv

(A) 2 3 1 4

(B) 1 2 3 4

(C) 2 3 4 1

(D) 4 1 2 3

27. †×³ÖÛ £Ö®Ö (A) : ×¾Ö¢ÖßµÖ ¾ÖÂÖÔ 2011-12 ´Öë,

Ûê ®¦ ÃÖ¸Û Ö¸ ×¾Ö×®Ö¾Öê¿Ö Û ß ®Öß×ŸÖ «Ö¸Ö

` 40,000 Û ¸Öê›Ì Ûê »ÖõµÖ Û Öê ¯ÖÏÖ¯ŸÖ

Û ¸®Öê ´Öë ÃÖõÖ´Ö ®ÖÆà ×¤ÜÖŸÖß Æî …

Û Ö¸ÞÖ (R) : ¸Ö�ÖÛ ÖêÂÖßµÖ †®ŸÖ¸Ö»Ö Û Öê ¯Öæ¸Ö

Û ¸®Öê Ûê ×»Ö‹ ÃÖÖ¾ÖÔ�Ö×®ÖÛ Š ÞÖ Û ß

²ÖœÌÖê¢Ö¸ß Û ß ®Öß×ŸÖ Û Öê ®µÖÖµÖÖê×“ÖŸÖ ´ÖÖ®ÖÖ

�ÖÖŸÖÖ Æî …

ˆ¯Ö¸ÖêŒŸÖ ¤Öê®ÖÖë Û £Ö®ÖÖë Ûê ÃÖÓ¤³ÖÔ ´Öë, ×®Ö´®Ö×»Ö×ÜÖŸÖ

Ûæ ™ ´Öë ÃÖê Û Öî®Ö ÃÖÆß Æî ?

Ûæ ™ :

(A) (A) ¾Ö (R) ¤Öê®ÖÖë ÃÖÆß Æï, ¾Ö (R), (A)

Û Ö ÃÖÆß Û Ö¸ÞÖ Æî …

(B) (A) ¾Ö (R) ¤Öê®ÖÖë ÃÖÆß Æï, ×Û ®ŸÖã (R),

(A) Û Ö ÃÖÆß Û Ö¸ÞÖ ®ÖÆà Æî …

(C) (A) ÃÖÆß Æî, »Öê×Û ®Ö (R) ÃÖÆß ®ÖÆà Æî …

(D) (R) ÃÖÆß Æî, ×Û ®ŸÖã (A) ÃÖÆß ®ÖÆà Æî …

28. ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏ×ŸÖ¾Öê¤®ÖÖë Û Öê Û Ö»ÖÖ®ÖãÛÎ ×´ÖÛ ´Öë

¾µÖ¾Ö×Ã£ÖŸÖ Û ¸ë :

I. ¯ÖÏŸµÖõÖ Û ¸ �ÖÖÑ“Ö ÃÖ×´Ö×ŸÖ †×®ŸÖ´Ö ×¸¯ÖÖê™Ô …

II. Û ¸ ÃÖÓ¸“Ö®ÖÖ Ûê †Öî×“ÖŸµÖ Ã£ÖÖ¯Ö®Ö †Öî¸

ÃÖ¸»ÖßÛ ¸ÞÖ ¯Ö¸ †×®ŸÖ´Ö ×¸¯ÖÖê™Ô

III. ³ÖÖ¸ŸÖßµÖ Û ¸ ÃÖã¬ÖÖ¸ – ÃÖ¾ÖìõÖÞÖ Û ß ×¸¯ÖÖê™Ô

IV. Û ¸Ö¬ÖÖ®Ö �ÖÖÑ“Ö †ÖµÖÖêÝÖ

Ûæ ™ :

(A) IV, III, II, I

(B) I, II, III, IV

(C) III, I, IV, II

(D) II, III, I, IV

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Paper-III 10 D-01-12

29. The most important characteristics of a federation is

(A) Center’s Supremacy over States

(B) Non-correspondence between the functions and resources of the Center and State Governments.

(C) Perfect match between the functions and resources of the Central and State Governments.

(D) None of the above 30. In the equation C = C0 + C1 Yd, where

C is planned consumption expenditure, Yd is disposable income, C0 is intercept

or autonomous consumption (value of C when disposable income is zero), and C1 is marginal propensity to consume;

which of the following is the endogenous variable ?

(A) C0

(B) C1

(C) C1 Yd

(D) None of the above 31. Which of the following statement is false ? (A) In dynamic multiplier, there is

lagged relationship between consumption and disposable income.

(B) The dynamic multiplier process can be presented as a decreasing geometric series of change in income in the following period.

(C) A major portion of the multiplier effect is realized in fewer periods when the marginal propensity to consume is smaller.

(D) A major portion of the multiplier effect is realized in fewer periods when the marginal propensity to consume is larger.

32. According to which of the following hypotheses, consumption is irreversible ?

(A) Absolute Income Hypothesis (B) Relative Income Hypothesis (C) Permanent Income Hypothesis (D) Life Cycle Hypothesis

33. Which of the following models of business cycle generates constrained cycles ?

(A) Samuelson’s model (B) Hick’s model (C) Kaldor’s model (D) All of the above

34. Which of the following is not an assumption of Harrod’s model of growth ?

(A) The desired capital output ratio is constant.

(B) Savings are a constant proportion of real income in the economy.

(C) The labour force grows at some exogenously determined constant exponential rate.

(D) Factor prices are flexible in the long run.

35. Match the statements given in Group – A with their propounders in Group – B :

Group – A (Statements)

Group – B (Propounders)

i. Velocity of money is a stable function of its determinants.

1. Keynesians

ii. Velocity of money is an unstable function of its determinants.

2. Monetarists

iii. Velocity of money is a constant, and does not depend on income and interest rate.

3. Classicals

Choose the correct code : Codes : i ii iii (A) 2 3 1 (B) 1 2 3 (C) 2 1 3 (D) 3 2 1

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D-01-12 11 Paper-III

29. ×Û ÃÖß ÃÖÓ‘Ö Û ß ÃÖ¾ÖÔ¯ÖÏ´ÖãÜÖ ×¾Ö¿ÖêÂÖŸÖÖ Æî (A) ¸Ö�µÖÖë Ûê ‰ ¯Ö¸ Ûê ®¦ Û ß ÃÖ¾ÖÖì““ÖŸÖÖ …

(B) Ûê ®¦ ¾Ö ¸Ö�µÖ ÃÖ¸Û Ö¸Öë Ûê Û ÖµÖÖí ‹¾ÖÓ

ÃÖÓÃÖÖ¬Ö®ÖÖë ´Öë †ÃÖÓ¾ÖÖ×¤ŸÖÖ …

(C) Ûê ®¦ ‹¾ÖÓ ¸Ö�µÖ ÃÖ¸Û Ö¸Öë Ûê Û ÖµÖÖí ‹¾ÖÓ

ÃÖÓÃÖÖ¬Ö®ÖÖë ´Öë ¯ÖæÞÖÔ ÃÖÖ´ÖÓ�ÖÃµÖ …

(D) ˆ¯Ö¸ÖêŒŸÖ ´Öë ÃÖê Û Öê‡Ô ®ÖÆà …

30. ÃÖ´ÖßÛ ¸ÞÖ C = C0 + C1 Yd, ´Öë, �ÖÆÖÑ

C µÖÖê�Ö®ÖÖ²Ö¨ ˆ¯Ö³ÖÖêÝÖ ¾µÖµÖ, Yd ¯ÖÏµÖÖê�µÖ †ÖµÖ,

C0 †®ŸÖ¸Öì¬Ö®Ö µÖÖ Ã¾ÖÖµÖ¢Ö ˆ¯Ö³ÖÖêÝÖ (�Ö²Ö Yd = 0

ÆÖê ŸÖ²Ö C Û Ö ´Öæ»µÖ), †Öî¸ C1 = ÃÖß´ÖÖ®ŸÖ

ˆ¯Ö³ÖÖêÝÖ Û ß ¯ÖÏ¾Öé×¢Ö Æî … ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê

†ÓŸÖ�ÖÖÔŸÖ “Ö¸ Û Öî®Ö ÃÖÖ Æî ?

(A) C0

(B) C1

(C) C1 Yd

(D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê Û Öê‡Ô ®ÖÆà

31. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖÖ †×³ÖÛ £Ö®Ö †ÃÖŸµÖ

Æî ?

(A) ÝÖ×ŸÖÛ ÝÖãÞÖÛ ´Öë ˆ¯Ö³ÖÖêÝÖ †Öî¸ ¯ÖÏµÖÖê�µÖ

†ÖµÖ ´Öë ¯Ö¿“Ö×µÖ¾Ö ÃÖÓ²ÖÓ¬Ö ÆÖêŸÖÖ Æî …

(B) ÝÖ×ŸÖÛ ÝÖãÞÖÛ ¯ÖÏ×ÛÎ µÖÖ Û Öê †ÖÝÖê †Ö®Öê

¾ÖÖ»Öß †¾Ö×¬Ö ´Öë †ÖµÖ ´Öë ¯Ö×¸¾ÖŸÖÔ®Ö Û ß

‘Ö™ŸÖß �µÖÖ×´ÖŸÖßµÖ ÀÖéÓÜÖ»ÖÖ Ûê º ¯Ö ´Öë

¯ÖÏ¤Ù¿ÖŸÖ ×Û µÖÖ �ÖÖ ÃÖÛ ŸÖÖ Æî …

(C) ÝÖãÞÖÛ Ûê ¯ÖÏ³ÖÖ¾Ö Ûê †×¬ÖÛ ³ÖÖÝÖ Û Öê Û ´Ö

†¾Ö×¬ÖµÖÖë ´Öë ¯ÖÏÖ¯ŸÖ ×Û µÖÖ �ÖÖ ÃÖÛ ŸÖÖ Æî …

�Ö²Ö ÃÖß´ÖÖ®ŸÖ ˆ¯Ö³ÖÖêÝÖ ¯ÖÏ¾Öé×¢Ö �µÖÖ¤Ö †»¯Ö

ÆÖê …

(D) ÝÖãÞÖÛ ¯ÖÏ³ÖÖ¾Ö Ûê †×¬ÖÛ ³ÖÖÝÖ Û Öê ˆ®Ö

Û ´Ö †¾Ö×¬ÖµÖÖë ´Öë ¯ÖÏÖ¯ŸÖ ×Û µÖÖ �ÖÖ ÃÖÛ ŸÖÖ

Æî �Ö²Ö ÃÖß´ÖÖ®ŸÖ ˆ¯Ö³ÖÖêÝÖ ¯ÖÏ¾Öé×¢Ö �µÖÖ¤Ö

ÆÖê …

32. ×Û ÃÖ ¯Ö×¸Û »¯Ö®ÖÖ Ûê †®ÖãÃÖÖ¸ ˆ¯Ö³ÖÖêÝÖ †¯ÖÏŸµÖÖ¾ÖŸÖÔ®ÖßµÖ Æî ?

(A) ×®Ö¸¯ÖêõÖ †ÖµÖ ¯Ö×¸Û »¯Ö®ÖÖ (B) ÃÖÖ¯ÖêõÖ †ÖµÖ ¯Ö×¸Û »¯Ö®ÖÖ (C) Ã£ÖÖµÖß †ÖµÖ ¯Ö×¸Û »¯Ö®ÖÖ (D) �Öß¾Ö®Ö “ÖÛÎ ¯Ö×¸Û »¯Ö®ÖÖ

33. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ¾µÖÖ¯ÖÖ¸ “ÖÛÎ Û Ö Û Öî®Ö ÃÖÖ ´ÖÖò›»Ö ‘ ¾µÖ¾Öº ¨ “ÖÛÎ Öë’ Û Öê ˆŸ¯Ö®®Ö Û ¸ŸÖÖ Æî ?

(A) ÃÖî´µÖã»ÖÃÖ®Ö ´ÖÖò›»Ö (B) ×ÆŒÃÖ ´ÖÖò›»Ö (C) Û Ö»›¸ ´ÖÖò›»Ö (D) ˆ¯ÖµÖãÔŒŸÖ ÃÖ³Öß

34. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖß Æî¸› Ûê “ÃÖ´Öé×¨ ¯ÖÏÖº ¯Ö” Û ß ´ÖÖ®µÖŸÖÖ ®ÖÆà Æî ?

(A) ¾ÖÖÓ×”ŸÖ ¯ÖæÑ�Öß ˆŸ¯ÖÖ¤ †®Öã¯ÖÖŸÖ ×Ã£Ö¸ Æî … (B) †£ÖÔ¾µÖ¾ÖÃ£ÖÖ ´Öë ²Ö“ÖŸÖ ¾ÖÖÃŸÖ×¾ÖÛ †ÖµÖ

Û Ö ×Ã£Ö¸ †®Öã¯ÖÖŸÖ Æî … (C) ÁÖ´Ö ²Ö»Ö Û Ö ×¾ÖÛ ÖÃÖ ˆÃÖß ²Ö×Æ�ÖÖÔŸÖ

×®Ö¬ÖÖÔ×¸ŸÖ ×Ã£Ö¸ ‹ŒÃÖ¯ÖÖê®Öë×¿ÖµÖ»Ö (‘ÖÖŸÖßµÖ) ¤¸ ¯Ö¸ ÆÖêŸÖÖ Æî …

(D) ‘Ö™Û ´Öæ»µÖ ¤ß‘ÖÔÛ Ö»Ö ´Öë ®Ö´µÖ ÆÖêŸÖê Æï …

35. ÝÖÏã¯Ö – A ´Öë ×¤‹ ÝÖ‹ †×³ÖÛ £Ö®ÖÖë Û Ö ÝÖÏã¯Ö – B Öë ×¤‹ ÝÖ‹ ˆ®ÖÛê ¯ÖÏ×ŸÖ¯ÖÖ¤Û Öë ÃÖê ×´Ö»ÖÖ®Ö Û ¸ë :

ÝÖÏã¯Ö – A (†×³ÖÛ £Ö®Ö)

ÝÖÏã¯Ö – B (¯ÖÏ×ŸÖ¯ÖÖ¤Û )

i. ´Öã¦Ö ¾ÖêÝÖ ‡ÃÖÛê ×®Ö¬ÖÖÔ¸Û Öë Û Ö ×Ã£Ö¸ ± »Ö®Ö Æî …

1. Û ß®ÃÖ¾ÖÖ¤ß

ii. ´Öã¦Ö ¾ÖêÝÖ ‡ÃÖÛê ×®Ö¬ÖÖÔ¸Û Öë Û Ö †×Ã£Ö¸ ± »Ö®Ö Æî …

2. ´ÖÖî×¦Û ¾ÖÖ¤ß

iii. ´Öã¦Ö ¾ÖêÝÖ Ã£ÖÖµÖß ± »Ö®Ö ÆÖêŸÖÖ Æî †Öî¸ µÖÆ †ÖµÖ µÖÖ ²µÖÖ�Ö Û ß ¤¸Öë ¯Ö¸ ×®Ö³ÖÔ¸ ®ÖÆà Û ¸ŸÖÖ Æî …

3. Œ»ÖÖ×ÃÖÛ »ÃÖ

ÃÖÆß Ûæ ™ “Öã×®Ö‹ : Ûæ ™ : i ii iii (A) 2 3 1 (B) 1 2 3 (C) 2 1 3 (D) 3 2 1

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36. A.W. Phillips’ wage-inflation unemployment trade off is based on

(A) Static expectations hypothesis

(B) Adaptive expectations hypothesis

(C) Extrapolative expectations hypothesis

(D) Rational expectations hypothesis

37. Suppose the money supply and the price level are constant, and the demand for money is a function of income and interest rate. When the income level increases, there is

(A) an increase in the quantity of money demanded and an increase in the rate of interest.

(B) an increase in the quantity of money demanded and a decrease in the rate of interest.

(C) a decrease in the quantity of money demanded and a decrease in the rate of interest.

(D) a decrease in the quantity of money demanded and an increase in the rate of interest.

38. Fiscal reform measures in India included

I. Increasing Tax-GDP ratio

II. Expenditure Management

III. Managing revenue deficit and fiscal deficit

IV. Increasing liquidity in the economy

Find the correct combination from the given codes :


(B) I and IV are correct.

(C) II, III and IV are correct.

(D) III and IV are correct.

39. During the Tenth Five Year Plan, some of the following things were experienced :

I. Services sector witnessed the highest growth rate.

II. Agriculture experienced the lowest growth rate.

III. Rate of growth in the industrial sector was negative.

Which of the aforesaid statements are correct ?


(B) I and II are correct.

(C) I and III are correct.

(D) II and III are correct.

40. Assertion (A) : Employment growth in the organized sector (both public and private combined) has increased during the period 1994-2008.

Reason (R) : There has been relatively faster employment growth in the private sector.

Codes :

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


(C) (A) is correct but (R) is incorrect.

(D) (A) is incorrect but (R) is correct.

41. According to the provisional figures for 2011 census, which of the following States has the lowest child sex ratio both in rural and urban areas ?

(A) Uttar Pradesh

(B) Kerala

(C) Jammu and Kashmir

(D) Haryana

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36. ‘‹.›²»µÖæ. ×± ×»Ö¯ÃÖ’ Û Ö ´Ö�ÖÌ¤æ¸ß Ã± ß×ŸÖ

²Öê¸Öê�ÖÌÝÖÖ¸ß ™Òê› †Öò± ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖ

¯Ö¸ †Ö¬ÖÖ×¸ŸÖ Æî ?

(A) Ã£Öî×ŸÖÛ †¯ÖêõÖÖ‹Ñ ¯Ö×¸Û »¯Ö®ÖÖ

(B) †®ÖãÛæ »Öß †¯ÖêõÖÖ‹Ñ ¯Ö×¸Û »¯Ö®ÖÖ

(C) ²Ö×Æ¾Öì×¿ÖŸÖ †¯ÖêõÖÖ ¯Ö×¸Û »¯Ö®ÖÖ

(D) ŸÖÛÔ ÃÖÓÝÖŸÖ †¯ÖêõÖÖ ¯Ö×¸Û »¯Ö®ÖÖ

37. ´ÖÖ®Ö »Öß×�Ö‹ ×Û ´Öã¦Ö ¯ÖæÙŸÖ †Öî¸ Û ß´ÖŸÖ ÃŸÖ¸

×Ã£Ö¸ Æî, †Öî¸ ´Öã¦Ö Û ß ´ÖÖÑÝÖ †ÖµÖ †Öîê¸ ²µÖÖ�Ö ¤¸

Û Ö ± »Ö®Ö Æî … �Ö²Ö †ÖµÖ Û Ö ÃŸÖ¸ ²ÖœÌŸÖÖ Æî ŸÖÖê

×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ŒµÖÖ ÆÖêŸÖÖ Æî ?

(A) ´Öã¦Ö Û ß ´ÖÖÑÝÖ Û ß ´ÖÖ¡ÖÖ ´Öë ¾Öé×¨ †Öî¸

²µÖÖ�Ö ¤¸ ´Öë ¾Öé×¨ …

(B) ´Öã¦Ö Û ß ´ÖÖÑÝÖ Û ß ´ÖÖ¡ÖÖ ´Öë ¾Öé×¨ †Öî¸

²µÖÖ�Ö ¤¸ ´Öë Û ´Öß …

(C) ´Öã¦Ö Û ß ´ÖÖÑÝÖ Û ß ´ÖÖ¡ÖÖ ´Öë Û ´Öß †Öî¸

²µÖÖ�Ö Û ß ¤¸ ´Öë Û ´Öß …

(D) ´Öã¦Ö Û ß ´ÖÖÑÝÖ Û ß ´ÖÖ¡ÖÖ ´Öë Û ´Öß †Öî¸

²µÖÖ�Ö ¤¸ ´Öë ¾Öé×¨ …

38. ³ÖÖ¸ŸÖ ´Öë ¸Ö�ÖÛ ÖêÂÖßµÖ ÃÖã¬ÖÖ¸ ˆ¯ÖÖµÖÖë ´Öë ¿ÖÖ×´Ö»Ö Æî

I. Û ¸ - �Öß.›ß.¯Öß. †®Öã¯ÖÖŸÖ ²ÖœÌÖ®ÖÖ

II. ¾µÖµÖ ¯ÖÏ²Ö®¬Ö®Ö

III. ¸Ö�ÖÃ¾Ö ‘ÖÖ™ê †Öî¸ ¸Ö�ÖÛ ÖêÂÖßµÖ ‘ÖÖ™ê Û Öê

¾µÖ¾Ö×Ã£ÖŸÖ Û ¸®ÖÖ

IV. †£ÖÔ¾µÖ¾ÖÃ£ÖÖ ´Öë ŸÖ¸»ÖŸÖÖ ´Öë ¾Öé×¨

®Öß“Öê ×¤‹ ÝÖ‹ Ûæ ™ ´Öë ÃÖê ÃÖÆß ÃÖÓµÖÖê�Ö®Ö ²ÖŸÖÖ‹Ñ :

(A) I, II †Öî III ÃÖÆß Æï …

(B) I, †Öî IV ÃÖÆß Æï …

(C) II, III †Öî IV ÃÖÆß Æï …

(D) III †Öî IV ÃÖÆß Æï …

39. ¤ÃÖ¾Öà ¯ÖÓ“Ö¾ÖÂÖáµÖ µÖÖê�Ö®ÖÖ Ûê ¤Öî¸Ö®Ö ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûã ” ²ÖÖŸÖë †®Öã³Ö¾Ö Û ß ÝÖ‡Ô :

I. ÃÖê¾ÖÖ õÖê¡Ö ´Öë †×¬ÖÛ ŸÖ´Ö ¾Öé×¨ ¤¸ ¤êÜÖß ÝÖ‡Ô Æî …

II. Ûé ×ÂÖ ´Öë ®µÖæ®ÖŸÖ´Ö ¾Öé×¨ ¤¸ †®Öã³Ö¾Ö Û ß ÝÖ‡Ô Æî …

III. †ÖîªÖê×ÝÖÛ õÖê¡Ö ´Öë ¾Öé×¨ ¤¸ Š ÞÖÖŸ´ÖÛ ¸Æß …

ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖÖ †×³ÖÛ £Ö®Ö ÃÖŸµÖ Æî ?

(A) I, II †Öî III ÃÖÆß Æï …

(B) I †Öî II ÃÖÆß Æï …

(C) I †Öî III ÃÖÆß Æï …

(D) II †Öî III ÃÖÆß Æï …

40. †×³ÖÛ £Ö®Ö (A) : ÃÖÓÝÖ×šŸÖ õÖê¡ÖÛ ´Öë ¸Öê�ÖÌÝÖÖ¸ ¾Öé×¨ (ÃÖ¸Û Ö¸ß †Öî¸ ×®Ö�Öß ¤Öê®ÖÖë ´Öë ×´Ö»ÖÖ Û ¸) ¾ÖÂÖÔ 1994-2008 Ûê ¤Öî¸Ö®Ö ²ÖœÌß Æî …

Û Ö¸ÞÖ (R) : ×®Ö�Öß õÖê¡Ö ´Öë †¯ÖêõÖÖÛé ŸÖ †×¬ÖÛ ¸Öê�ÖÌÝÖÖ¸ ¾Öé×¨ Æã‡Ô Æî …

Ûæ ™ :

(A) (A) †Öî (R) ¤Öê®ÖÖë ÃÖÆß Æï, †Öî¸ (R),


(B) (A) †Öî (R) ¤Öê®ÖÖë ÃÖÆß Æï, ×Û ®ŸÖã (R)

(A) Û ß ÃÖÆß ¾µÖÖÜµÖÖ ®ÖÆà Æî …

(C) (A) ÃÖÆß Æî, ×Û ®ŸÖã (R) ÝÖ»ÖŸÖ Æî …

(D) (A) ÝÖ»ÖŸÖ Æî, ×Û ®ŸÖã (R) ÃÖÆß Æî …

41. ¾ÖÂÖÔ 2011 Ûê †®Ö×®ŸÖ´Ö †ÖÑÛ ›ÌÖë Ûê †®ÖãÃÖÖ¸ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖê ¸Ö�µÖ Ûê ÝÖÏÖ´ÖßÞÖ †Öî¸ ¿ÖÆ¸ß õÖê¡Ö ¤Öê®ÖÖë ´Öë ®µÖæ®ÖŸÖ´Ö ²ÖÖ»Ö Ø»ÖÝÖ †®Öã¯ÖÖŸÖ ×®Ö´®ÖŸÖ´Ö £ÖÖ ?

(A) ˆ¢Ö¸ ¯ÖÏ¤ê¿Ö

(B) Ûê ¸»Ö

(C) �Ö´´Öæ †Öî¸ Û ¿´Öß¸

(D) Æ×¸µÖÖÞÖÖ

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42. Of the following, which sector experienced maximum growth rate at 2004-05 prices in India during 2009-10 ?

(A) Trade, hotels, transport and communication

(B) Manufacturing, construction, electricity, gas and water supply

(C) Financing, insurance, real estate and business services

(D) Agriculture, forestry, fishing, mining and quarrying

43. In which of the following years, gross domestic savings as a percentage of GDP was the highest ?

(A) 2009 – 10

(B) 2008 – 09

(C) 2007 – 08

(D) 2006 – 07

44. Growth process resulting into broad based benefits and providing equality of opportunity to all is referred to as

(A) Faster growth

(B) Inclusive growth

(C) Exclusive growth

(D) Sustained growth

45. Which of the following plans witnessed the highest growth rate in India ?

(A) Ninth Plan

(B) Eighth Plan

(C) Tenth Plan

(D) Seventh Plan

46. For any pair of variables X and Y, two regression equations-one regression of Y on X and other regression of X on Y exist because

I. Tangent of the angle made by two regression equations with each other determines the coefficient of correlation.

II. Regression model does not help in the identification of dependent and independent variables of the equation.

III. Regression and correlation coefficients represent the co-variation of the two variables.

IV. Regression equation represents jointly the value of X and Y.

Select the right code from the following as the answer to the question :

Codes : (A) I and II are correct.

(B) I and III are correct.

(C) I and IV are correct.

(D) III and IV are correct.

47. Which of the following are not associated with the Leontief’s Static Model ?

I. Final demand is a stochastic vector.

II. Reciprocal of the Perron-Frobinius root is the maximum growth rate.

III. Input coefficients are the fixed technological parameters.

IV. (I – A – RB)–1 WL = P

Select the correct code from the following :

(A) I, II, III (B) I, III, IV

(C) I, III (D) I, II, IV

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42. ³ÖÖ¸ŸÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖ õÖê¡ÖÛ ´Öë ¾ÖÂÖÔ

2009-10 Ûê ¤Öî¸Ö®Ö 2004-05 Û ß Û ß´ÖŸÖÖë ¯Ö¸

†×¬ÖÛ ŸÖ´Ö ¾Öé×¨ ¤¸ ¤êÜÖ®Öê ´Öë †Ö‡Ô Æî ?

(A) ¾µÖÖ¯ÖÖ¸, ÆÖê™»Ö, ¯Ö×¸¾ÖÆ®Ö †Öî¸ ÃÖÓ“ÖÖ¸ ¾µÖ¾ÖÃ£ÖÖ

(B) ×¾Ö×®Ö´ÖÖÔÞÖ, ×®Ö´ÖÖÔÞÖ, ×²Ö�Ö»Öß, ÝÖîÃÖ †Öî¸ �Ö»Ö †Ö¯ÖæÙŸÖ

(C) ×¾Ö¢Ö ¯ÖÖêÂÖÞÖ, ²Öß´ÖÖ, ×¸µÖ»Ö ‹Ã™ê™ †Öî¸ ¾µÖ¾ÖÃÖÖµÖ ÃÖê¾ÖÖ‹Ñ

(D) Ûé ×ÂÖ, ¾ÖÖ×®ÖÛ ß, ´ÖŸÃµÖ ¯ÖÖ»Ö®Ö, ÜÖ®Ö®Ö †Öî¸ ˆŸÜÖ®Ö®Ö

43. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ®Ö ¾ÖÂÖÖí ´Öë �Öß.›ß.¯Öß. Û ß ¯ÖÏ×ŸÖ¿ÖŸÖ Ûê º ¯Ö ´Öë ÃÖÛ »Ö ‘Ö¸ê»Öæ ²Ö“ÖŸÖ

†×¬ÖÛ ŸÖ´Ö £Öß ?

(A) 2009 – 10

(B) 2008 – 09

(C) 2007 – 08

(D) 2006 – 07

44. ˆÃÖ ¾Öé×¨ ¯ÖÏ×ÛÎ µÖÖ Û Öê ŒµÖÖ Û ÆÖ ÝÖµÖÖ Æî ×�ÖÃÖÛê Û Ö¸ÞÖ ¾µÖÖ¯ÖÛ »ÖÖ³Ö †Öî¸ ÃÖ´ÖÖ®Ö †¾ÖÃÖ¸ ˆ¯Ö»Ö²¬Ö Æã‹ ?

(A) ŸÖê�ÖÌß ÃÖê ¾Öé×¨

(B) ÃÖ´ÖÖ¾Öê¿Öß ¾Öé×¨

(C) †ÃÖ´ÖÖ¾Öê¿Öß ¾Öé×¨

(D) ×™Û Ö‰ µÖÖ ¬ÖÖ¸ÞÖßµÖ ¾Öé×¨

45. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖ µÖÖê�Ö®ÖÖ ´Öë ˆ““ÖŸÖ´Ö

¾Öé×¨ ¤¸ ¤êÜÖ®Öê ´Öë †Ö‡Ô Æî ?

(A) ®Ö¾Öà µÖÖê�Ö®ÖÖ

(B) †Öš¾Öà µÖÖê�Ö®ÖÖ

(C) ¤ÃÖ¾Öà µÖÖê�Ö®ÖÖ

(D) ÃÖÖŸÖ¾Öà µÖÖê�Ö®ÖÖ

46. “Ö¸ X †Öî¸ Y Ûê ×Û ÃÖß ³Öß µÖãÝ´Ö Ûê ×»Ö‹ ¤Öê ¯ÖÏ×ŸÖÝÖ´Ö®Ö ÃÖ´ÖßÛ ¸ÞÖ ‹Û X ¯Ö¸ Y Û Ö ¯ÖÏ×ŸÖÝÖ´Ö®Ö †Öî¸ ¤æÃÖ¸Ö Y ¯Ö¸ X Û Ö ¯ÖÏ×ŸÖÝÖ´Ö®Ö ×¾Öª´ÖÖ®Ö ¸ÆŸÖÖ Æî ŒµÖÖë×Û :

I. ¤Öê ¯ÖÏ×ŸÖÝÖ´Ö®Ö ÃÖ´ÖßÛ ¸ÞÖÖë Ûê Û ÖêÞÖ Û Ö Ã¯Ö¿Öá ÃÖÆÃÖ´²Ö®¬Ö Û Ö ÝÖãÞÖÖÓÛ ×®Ö¬ÖÖÔ×¸ŸÖ Û ¸ŸÖÖ Æî …

II. ¯ÖÏ×ŸÖÝÖ´Ö®Ö ´ÖÖò›»Ö ÃÖ´ÖßÛ ¸ÞÖ Ûê †Ö×ÁÖŸÖ †Öî¸ Ã¾ÖŸÖÓ¡Ö “Ö¸Öë Û ß ¯ÖÆ“ÖÖ®Ö Û ¸®Öê ´Öë ÃÖÆÖµÖÛ ®ÖÆà ÆÖêŸÖÖ Æî …

III. ¯ÖÏ×ŸÖÝÖ´Ö®Ö †Öî¸ ÃÖÆÃÖ´²Ö®¬Ö ÝÖãÞÖÖÓÛ ¤Öê “Ö¸Öë Ûê ÃÖÆ¯Ö×¸¾ÖŸÖÔ®Ö Û Ö ¯ÖÏ×ŸÖ×®Ö×¬ÖŸ¾Ö Û ¸ŸÖÖ Æî …

IV. ¯ÖÏ×ŸÖÝÖ´Ö®Ö ÃÖ´ÖßÛ ¸ÞÖ ¤Öê®ÖÖë X †Öî¸ Y ÃÖê ÃÖÓ²ÖÓ×¬ÖŸÖ ´ÖÖ®ÖÖë Û Ö ¯ÖÏ×ŸÖ×®Ö×¬ÖŸ¾Ö Û ¸ŸÖÖ Æî …

×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÃÖÆß Ûæ ™ Û Ö “ÖµÖ®Ö Û ¸ë :

Ûæ ™ :

(A) I †Öî II ÃÖÆß Æï …

(B) I †Öî III ÃÖÆß Æï …

(C) I †Öî IV ÃÖÆß Æï …

(D) III †Öî IV ÃÖÆß Æï …

47. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖÖ ×»Ö†Öî×®™± Ûê Ã£Öî×ŸÖÛ (Ã™ê×™Û ) ¯ÖÏ×ŸÖº ¯Ö (´ÖÖò›»Ö) ÃÖê ÃÖÓ²ÖÓ×¬ÖŸÖ ®ÖÆà Æî ?

I. †×®ŸÖ´Ö ´ÖÖÑÝÖ ÃÖÓ³ÖÖ×¾ÖŸÖ †Ö¬ÖÖ×¸ŸÖ (Ã™ÖêÛê ×Ã™Û ) ¾ÖêŒ™¸ ÆÖêŸÖß Æî …

II. ¯Öî¸Öê®Ö ±Ï Öê×²Ö×®ÖµÖÃÖ Û Ö ´Öæ»Ö Û Ö ×¾Ö»ÖÖê´Ö †×¬ÖÛ ŸÖ´Ö ¾Öé×¨ ¤¸ ¤êŸÖÖ Æî …

III. †Ö¤Ö/‡®Ö¯Öã™ ÝÖãÞÖÖÓÛ ¯ÖÏ×¾Ö×¬Ö ¯ÖÏÖ“Ö»ÖÖë «Ö¸Ö ×®Ö×¿“ÖŸÖ ÆÖêŸÖê Æï …

IV. (I – A – RB)–1 WL = P


(A) I, II, III (B) I, III, IV

(C) I, III (D) I, II, IV

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48. If X1 = f(P1, P2) and X2 = (P1, P2),

then the two commodities are

substitutes if

(A) (X1/P2) < 0, (X2/P1) > 0

(B) (X1/P2) > 0, (X2/P1) < 0

(C) (X1/P2) > 0, (X2/P1) > 0

(D) (X1/P2) < 0, (X2/P1) < 0

49. In the context of simultaneous

equations econometric models,

consider the following statements :

I. Identification is a problem to

be dealt with before estimation.

II. Order condition is necessary

but not a sufficient condition of

identification.

III. Two stage least squares method

of estimation gives consistent

estimators if the equation is

under identified.

IV. Under indirect least squares

method, least squares method is

applied to the reduced form

equations.

Use the following code to answer the

question :

(A) I and II are correct but III and

IV are incorrect.

(B) I, II, III and IV are correct.

(C) I, II and III are correct but IV is

incorrect.

(D) I, II and IV are correct but III is

incorrect.

50. If rxy = 0.3, match the items in

list-I with the items in list-II :

List – I List – II i. –1 to +1 1. 0.3

ii. Correlation coefficient between –X and Y

2. Limits of correlation coefficient

iii. The Square of Correlation Coefficient

3. – 0.3

iv. Coefficient of correlation between –X and –Y

4. Coefficient of Determination

Codes : i ii iii iv

(A) 1 2 3 4 (B) 2 3 4 1

(C) 3 1 2 4

(D) 4 1 2 3

51. Match the following from list – I and list – II :

List – I List – II i. Durbin-

Watson ‘d’ Statistics

1. Stationarity

ii. R2 2. Qualitative Effects

iii. Dickey-Fuller test

3. Serial Correlation

iv. Dummy Variable

4. Goodness of fit of regression function

Codes : i ii iii iv (A) 1 2 4 3

(B) 2 1 3 4

(C) 4 3 2 1

(D) 3 4 1 2

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48. µÖ×¤ X1 = f(P1, P2) †Öî¸ X2 = (P1, P2),

Æî ŸÖÖê ¤Öê ¾ÖÃŸÖã‹Ñ ‹Û ¤æÃÖ¸ê Û ß ¯ÖÏ×ŸÖÃ£ÖÖ¯Ö®®Ö ÆÖêŸÖß

Æï, µÖ×¤

(A) (X1/P2) < 0, (X2/P1) > 0

(B) (X1/P2) > 0, (X2/P1) < 0

(C) (X1/P2) > 0, (X2/P1) > 0

(D) (X1/P2) < 0, (X2/P1) < 0

49. ÃÖÆÛ Ö×»ÖÛ ÃÖ´ÖßÛ ¸ÞÖ †£ÖÔ×´Ö×ŸÖ (‡Û Öê´Öê×™ÒÛ )

´ÖÖò›»ÖÖë Ûê ÃÖ®¤³ÖÔ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ †×³ÖÛ £Ö®ÖÖë

¯Ö¸ ×¾Ö“ÖÖ¸ Û ¸ë :

I. †×³Ö–ÖÖ®Ö ÃÖ´ÖÃµÖÖ Æî ×�ÖÃÖê †ÖÛ »Ö®Ö ÃÖê

¯ÖÆ»Öê ´ÖÖ»Öæ´Ö ×Û µÖÖ �ÖÖ®ÖÖ “ÖÖ×Æ‹ …

II. †×³Ö–ÖÖ®Ö Ûê ×»Ö‹ ÛÎ ´Ö²Ö¨ŸÖÖ Û ß ¿ÖŸÖÔ

†Ö¾Ö¿µÖÛ Æî ¯Ö¸ ‡ÃÖÛê ×»Ö‹ ¯ÖµÖÖÔ¯ŸÖ ®ÖÆà

Æî …

III. †ÖÛ »Ö®Ö Û ß ×«“Ö¸ÞÖ ®µÖæ®ÖŸÖ´Ö ¾ÖÝÖÔ

¯ÖÏÞÖÖ»Öß ÃÖÓÝÖŸÖ †ÖÛ »ÖÛ ¯ÖÏ¤Ö®Ö Û ¸ŸÖß Æî

µÖ×¤ ÃÖ´ÖßÛ ¸ÞÖ Û Ö ¯ÖæÞÖÔ †×³Ö–ÖÖ®Ö ®ÖÆà

Æã†Ö ÆÖê …

IV. †¯ÖÏŸµÖõÖ ®µÖæ®ÖŸÖ´Ö ¾ÖÝÖÔ ¯ÖÏÞÖÖ»Öß ¯Ö¨×ŸÖ Ûê

†ÓŸÖÝÖÔŸÖ ®µÖæ®ÖŸÖ´Ö ¾ÖÝÖÔ ¯ÖÏÞÖÖ»Öß ¯Ö¨×ŸÖ

»Ö‘ÖãÛé ŸÖ ÃÖ´ÖßÛ ¸ÞÖÖë ¯Ö¸ »ÖÖÝÖæ ÆÖêŸÖß Æî …

×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖÖ ÃÖÆß Æî ?

(A) I †Öî II ÃÖÆß Æï, ×Û ®ŸÖã III †Öî IV

ÃÖÆß ®ÖÆà Æï …

(B) I, II, III †Öî IV ÃÖÆß Æï …

(C) I, II †Öî III ÃÖÆß Æï, »Öê×Û ®Ö IV ÃÖÆß

®ÖÆà Æî …

(D) I, II †Öî IV ÃÖÆß Æï, »Öê×Û ®Ö III ÃÖÆß

®ÖÆà Æî …

50. µÖ×¤ rxy = 0.3 ŸÖÖê ÃÖæ“Öß-I †Öî¸ ÃÖæ“Öß-II Û ß

´Ö¤Öë Û Ö ÃÖ´ÖÖµÖÖê�Ö®Ö Û ß×�Ö‹ :


i. –1 ÃÖê +1 1. 0.3

ii. –X †Öî¸ Y Ûê ²Öß“Ö ÃÖÆÃÖ´²Ö®¬Ö ÝÖãÞÖÖÓÛ

2. ÃÖÆÃÖ´²Ö®¬Ö ÝÖãÞÖÖÓÛ Û ß ÃÖß´ÖÖ‹Ñ

iii. ÃÖÆÃÖ´²Ö®¬Ö ÝÖãÞÖÖÓÛ Û Ö ¾ÖÝÖÔ (ÃŒ¾ÖêµÖ¸)

3. –0.3

iv. –X †Öî¸ –Y Ûê ²Öß“Ö ÃÖÆÃÖ´²Ö®¬Ö Û Ö ÝÖãÞÖÖÓÛ

4. ×®Ö¬ÖÖÔ¸ÞÖ Û Ö ÝÖãÞÖÖÓÛ

Ûæ ™ :

i ii iii iv

(A) 1 2 3 4

(B) 2 3 4 1

(C) 3 1 2 4

(D) 4 1 2 3

51. ×®Ö´®Ö×»Ö×ÜÖŸÖ Û Ö ×´Ö»ÖÖ®Ö Û ¸ë :


i. ›¸×²Ö®Ö-¾ÖÖ™ÃÖ®Ö ‘d’ Ã™ê×™ŒÃÖ

1. Ã™ê¿Ö®Öî×¸™ß

ii. R2 2. ÝÖãÞÖÖŸ´ÖÛ ¯ÖÏ³ÖÖ¾Ö

iii. ×›Û ß-±ã »Ö¸ ™êÃ™

3. ÃÖß×¸µÖ»Ö ÃÖÆÃÖÓ²ÖÓ¬Ö

iv. ›´Öß-´ÖæÛ “Ö¸ 4. ¯ÖÏ×ŸÖÝÖ´Ö®Ö ± »Ö®Ö Û ß ÃÖã´ÖÖ®ÖÛ ŸÖÖ

Ûæ ™ :

i ii iii iv

(A) 1 2 4 3

(B) 2 1 3 4

(C) 4 3 2 1

(D) 3 4 1 2

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52. In CES production function :

Q = M [ X–p + (1 – )X–p2 ]

–

1p

Where Q is output and X1 and X2 are

labour and capital. Elasticity of substitution is given by

(A) –p (B) –1p

(C) 1

(1 + p) (D) M

53. In Linear Programming problem involving two variables, multiple optimal solutions are obtained when one of the constraints is

(A) the objective function should be parallel to a constraint that forms boundary of the feasible region.

(B) the objective function should be perpendicular to a constraint that forms the boundary of the feasible region.

(C) neither (A) nor (B). (D) two constraints should be

parallel to each other.

54. In an open economy model of input output analysis, if A is the input coefficients matrix and (I – A) is technology matrix, the following is the viability condition to be satisfied

(A) | I – A | 0 (B) | I – A | > 0 (C) | I – A | < 0 (D) All principal minors of the (I – A)

matrix must be positive.

55. For the Cobb-Douglas Production function

Q = A L K1 – The elasticity of substitution is (A) Zero (B) Infinity (C) One (D) A

56. Coefficient of determination of a regression model :

1. Explains the proportion of total variation in the values of the dependent variable.

2. It can be used to derive the estimate of the extent of variation in the value of Y that is explained by the random factors.

3. Direction of inter-relation between the dependent and independent variables.

4. It explains the influence of the intercept on the dependent variable.

Select the correct code from the list given below :

(A) 1 2 3 4 (B) 1 2 (C) 2 4 3 (D) 4 1

57. The input coefficients/elements of which of the following matrices are interpreted as inputs required directly and indirectly per unit of final demand.

(A) A (B) (I – A)

(C) (I – A)–1

(D) All of the above

58. Total foodgrains production target for the year 2010-11 has been placed at

(A) 250 million tonnes (B) 240 million tonnes (C) 244 million tonnes (D) 234 million tonnes

59. Indicate the year in which National Food Security Mission (NFSM) was launched :

(A) 2001 –02 (B) 2004 – 05 (C) 2010 – 11 (D) 2007 – 08

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52. ÃÖß ‡Ô ‹ÃÖ ˆŸ¯ÖÖ¤®Ö ± »Ö®Ö ´Öë :

Q = M [ X–p + (1 – )X–p2 ]

–

1p

Q = ¯ÖÏ¤Ö (†Öˆ™¯Öã™) X1 ŸÖ£ÖÖ X2 ÁÖ´Ö ‹¾ÖÓ

¯ÖæÑ�Öß Æï

¯ÖÏ×ŸÖÃ£ÖÖ¯Ö®Ö »ÖÖê“Ö ×®Ö´®ÖÖÓ×Û ŸÖ Ûê «Ö¸Ö ¤ß Æî :

(A) –p (B) –1p

(C) 1

(1 + p) (D) M

53. ¤Öê “Ö¸ Ûê ¸ê×ÜÖŸÖ ¯ÖÏÖêÝÖÏÖ´Ö®Ö ÃÖ´ÖÃµÖÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öê‡Ô ‹Û ¾µÖ¾Ö¸Öê¬Ö ×Ã£Ö×ŸÖ ÆÖê®Öê ¯Ö¸ ²ÖÆã×¾Ö¬Ö ‡Â™ŸÖ´Ö ÃÖ´ÖÖ¬ÖÖ®Ö ¯ÖÏÖ¯ŸÖ ×Û ‹ �ÖÖŸÖê Æï

(A) ¾ÖÃŸÖã¯Ö¸Û ± »Ö®Ö ˆÃÖ †¾Ö¸Öê¬Ö Ûê ÃÖ´ÖÖ®ÖÖÓŸÖ¸ ÆÖê®ÖÖ “ÖÖ×Æ‹ �ÖÖê ÃÖÖ¬µÖ õÖê¡Ö Û ß ÃÖß´ÖÖ ²Ö®ÖÖŸÖÖ Æî …

(B) ¾ÖÃŸÖã¯Ö¸Û ± »Ö®Ö ˆÃÖ †¾Ö¸Öê¬Ö Ûê »Ö´²Ö ÆÖê®ÖÖ “ÖÖ×Æ‹ �ÖÖê ÃÖÖ¬µÖ õÖê¡Ö Û ß ÃÖß´ÖÖ ²Ö®ÖÖŸÖÖ Æî …

(C) A †Öî¸ B ¤Öê®ÖÖë ´Öë ÃÖê Û Öê‡Ô ®ÖÆà …

(D) Û Öê‡Ô ³Öß ¤Öê †¾Ö¸Öê¬Ö, ‹Û ¤æÃÖ¸ê Ûê ÃÖ´ÖÖ®ÖÖÓŸÖ¸ ÆÖê®Öê “ÖÖ×Æ‹ …

54. ‡®Ö¯Öã™-†Öˆ™¯Öã™ ×¾Ö¿»ÖêÂÖÞÖ Ûê ÜÖã»Öß †£ÖÔ¾µÖ¾ÖÃ£ÖÖ ´ÖÖò›»Ö ´Öë, µÖ×¤ A †Ö¤Ö ÝÖãÞÖÖÓÛ ´Öî×™ÒŒÃÖ Æî †Öî¸ (I – A) ¯ÖÏÖîªÖê×ÝÖÛ ß ´Öî×™ÒŒÃÖ Æî ŸÖÖê ×®Ö´®Ö×»Ö×ÜÖŸÖ ¾µÖ¾ÖÆÖµÖÔ ¿ÖŸÖÔ Æî ×�ÖÃÖê ¯Öæ¸Ö ×Û µÖÖ �ÖÖ®ÖÖ “ÖÖ×Æ‹ :

(A) | I – A | 0 (B) | I – A | > 0 (C) | I – A | < 0 (D) ´Öî×™ÒŒÃÖ (I – A) Ûê ÃÖ³Öß ¯ÖÏ¬ÖÖ®Ö ´ÖÖ‡®ÖËÃÖÔ

¯ÖÖò×�Ö×™¾Ö ÆÖê®Öê “ÖÖ×Æ‹ …

55. Û Öò²Ö ›ÝÖË»ÖÃÖ Û Ö ˆŸ¯ÖÖ¤®Ö ± »Ö®Ö :

Q = A L K1 – ´Öë, ¯ÖÏ×ŸÖÃ£ÖÖ¯Ö®ÖÖ »ÖÖê“Ö ×®Ö´®ÖÖÓ×Û ŸÖ ÆÖêÝÖß :

(A) ¿Öæ®µÖ (B) †®Ö®ŸÖ

(C) ‹Û (D) A

56. ¯ÖÏ×ŸÖÝÖ´Ö®Ö ´ÖÖò›»Ö ×®Ö¬ÖÖÔ¸ÞÖ Ûê ÝÖãÞÖÖÓÛ :

1. †Ö×ÁÖŸÖ “Ö¸ Ûê ´ÖÖ®ÖÖë ´Öë, Ûã »Ö ¯Ö×¸¾ÖŸÖÔ®Ö

Ûê †®Öã¯ÖÖŸÖ Û ß ¾µÖÖÜµÖÖ Û ¸ŸÖÖ Æî …

2. †Ö×ÁÖŸÖ “Ö¸ Y Ûê ¯Ö×¸¾ÖŸÖÔ®ÖÖë ¯Ö¸ ¤î×¾ÖÛ

‘Ö™Û Öë Ûê ¯ÖÏ³ÖÖ¾Ö Û Ö †ÖÛ »Ö®Ö ×Û µÖÖ �ÖÖ

ÃÖÛ ŸÖÖ Æî …

3. Ã¾ÖŸÖÓ¡Ö †Öî¸ †Ö×ÁÖŸÖ “Ö¸ Ûê ²Öß“Ö

†®ŸÖ:ÃÖÓ²ÖÓ¬Ö Û ß ×¤¿ÖÖ …

4. †Ö×ÁÖŸÖ “Ö¸ ¯Ö¸ †®ŸÖ:ÜÖÞ› Ûê ¯ÖÏ³ÖÖ¾Ö Û ß

¾µÖÖÜµÖÖ Û ¸ŸÖÖ Æî …


(A) 1 2 3 4

(B) 1 2

(C) 2 4 3

(D) 4 1

57. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖ ´Öî×™ÒŒÃÖ Ûê ‡®Ö¯Öã™

ÝÖãÞÖÖÓÛ /ŸÖ¢¾Ö Û ß ¾µÖÖÜµÖÖ ¯ÖÏ×ŸÖ ‡Û Ö‡Ô †×®ŸÖ´Ö ´ÖÖÑÝÖ

Ûê ×»Ö‹ ¯ÖÏŸµÖõÖ µÖÖ †¯ÖÏŸµÖõÖ º ¯Ö ÃÖê †¯Öê×õÖŸÖ

‡®Ö¯Öã™ Ûê º ¯Ö ´Öë Û ß �ÖÖŸÖß Æî ?

(A) A

(B) (I – A)

(C) (I – A)–1


58. ¾ÖÂÖÔ 2010-11 Ûê ×»Ö‹ Ûã »Ö ÜÖÖªÖ®®Ö ˆŸ¯ÖÖ¤®Ö

Û Ö »ÖõµÖ ŒµÖÖ ¸ÜÖÖ ÝÖµÖÖ Æî ?

(A) 250 ×´Ö×»ÖµÖ®Ö ™®Ö

(B) 240 ×´Ö×»ÖµÖ®Ö ™®Ö

(C) 244 ×´Ö×»ÖµÖ®Ö ™®Ö

(D) 234 ×´Ö×»ÖµÖ®Ö ™®Ö

59. ¸ÖÂ™ÒßµÖ ÜÖÖª ÃÖã¸õÖÖ †×³ÖµÖÖ®Ö (‹®Ö ‹± ‹ÃÖ ‹´Ö)

†Ö¸´³Ö Û ¸®Öê Ûê ¾ÖÂÖÔ Û Öê ‡Ó×ÝÖŸÖ Û ß×�Ö‹ :

(A) 2001 – 02 (B) 2004 – 05

(C) 2010 – 11 (D) 2007 – 08

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60. Identify sources of agricultural credit in India from the code given below :

1. Commercial Banks

2. Money Lender

3. Regional Rural Bank

4. Small Industries Development Bank of India

Codes : (A) 1, 2 and 3

(B) 2, 3 and 4

(C) 3, 4 and 1

(D) 1, 2, 3 and 4

61. Low productivity for agriculture in India is attributed to

(A) Poor irrigation facilities

(B) Heavy dependence on monsoon

(C) Absence of new technology

(D) All the above

62. Quantum of food subsidy was highest in the year

(A) 2009 – 10 (B) 2008 – 09

(C) 2004 – 05 (D) 2001 – 02

63. Productivity of Indian agriculture can

be enhanced by

1. Increased public investment

2. Increased irrigation facilities

3. Higher support price to the farmers

4. Shifting workers from industry to agriculture

Select the correct answer from the given codes :

Codes : (A) 1, 2 and 4

(B) 1, 2 and 3

(C) 2, 3 and 4

(D) 3, 4 and 1

64. High powered money comprises

(A) Currency held by the public + Cash reserves of banks

(B) Currency held by the public + Demand and time deposits + Cash reserves of banks

(C) Currency held by the public + Cash reserves of banks + Other deposits of RBI

(D) Currency held by the public + other deposits of RBI

65. Capital to risk-weighted asset ratio of all scheduled commercial banks in India under the Basel – I framework is stipulated at the minimum of

(A) 7%

(B) 9%

(C) 12%

(D) 14%

66. Which of the following financial institutions are operating in the money market ?

1. Non-banking financial institutions

2. Acceptance Houses

3. Central Bank

4. Stock Exchanges

Select the correct answer from the given codes :

Codes :

(A) 2 and 3

(B) 1 and 3

(C) 1, 2 and 4

(D) 1, 2 and 3

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60. ®Öß“Öê ×¤‹ ÝÖ‹ Ûæ ™ ´Öë ÃÖê ³ÖÖ¸ŸÖ ´Öë Ûé ×ÂÖ Š ÞÖ Ûê ÄÖÖêŸÖÖë Û Öê Ã¯ÖÂ™ Û ß×�Ö‹ :

1. ¾ÖÖ×ÞÖ×�µÖÛ ²ÖïÛ

2. ÃÖÖÆæÛ Ö¸

3. õÖê¡ÖßµÖ ÝÖÏÖ´ÖßÞÖ ²ÖïÛ

4. ³ÖÖ¸ŸÖßµÖ »Ö‘Öã ˆªÖêÝÖ ×¾ÖÛ ÖÃÖ ²ÖïÛ

Ûæ ™ :

(A) 1, 2 †Öî 3

(B) 2, 3 †Öî 4

(C) 3, 4 †Öî 1

(D) 1, 2, 3 †Öî 4

61. ³ÖÖ¸ŸÖ ´Öë Ûé ×ÂÖ ´Öë Û ´Ö ˆŸ¯ÖÖ¤Û ŸÖÖ Ûê ×»Ö‹ Û Ö¸ÞÖ Æî

(A) †¯ÖµÖÖÔ¯ŸÖ ØÃÖ“ÖÖ‡Ô ÃÖã×¾Ö¬ÖÖ‹Ñ

(B) ´ÖÖ®ÖÃÖæ®Ö ¯Ö¸ †ŸµÖ×¬ÖÛ ×®Ö³ÖÔ¸ ¸Æ®ÖÖ

(C) ®Ö‡Ô ¯ÖÏÖîªÖê×ÝÖÛ ß Û Ö †³ÖÖ¾Ö


62. ÜÖÖª †ÖÙ£ÖÛ ÃÖÆÖµÖŸÖÖ Û ß ´ÖÖ¡ÖÖ †×¬ÖÛ ŸÖ´Ö £Öß

(A) 2009 – 10 ´Öë (B) 2008 – 09 ´Öë

(C) 2004 – 05 ´Öë (D) 2001 – 02 ´Öë

63. ³ÖÖ¸ŸÖßµÖ Ûé ×ÂÖ ˆŸ¯ÖÖ¤Û ŸÖÖ Û Öê ×®Ö´®Ö×»Ö×ÜÖŸÖ «Ö¸Ö

²ÖœÌÖµÖÖ �ÖÖ ÃÖÛ ŸÖÖ Æî :

1. ²ÖœÌÖ Æã†Ö »ÖÖêÛ ×®Ö¾Öê¿Ö

2. ²ÖœÌß Æã‡Ô ØÃÖ“ÖÖ‡Ô ÃÖã×¾Ö¬ÖÖ‹Ñ

3. Ûé ÂÖÛ Öë Û ß ˆ““ÖŸÖ¸ ÃÖÆÖµÖÛ Û ß´ÖŸÖë

4. Û Ù´ÖµÖÖë Û Öê ˆªÖêÝÖ ÃÖê Ûé ×ÂÖ Û ß †Öê¸ ³Öê�ÖÛ ¸

×¤‹ ÝÖ‹ Ûæ ™ ´Öë ÃÖê ÃÖÆß ˆ¢Ö¸ Û Ö “ÖµÖ®Ö Û ¸ë :

Ûæ ™ :

(A) 1, 2 †Öî 4

(B) 1, 2 †Öî 3

(C) 2, 3 †Öî 4

(D) 3, 4 †Öî 1

64. ÃÖ¿ÖŒŸÖ ´Öã¦Ö ´Öë ×®Ö×ÆŸÖ Æî

(A) �Ö®ÖŸÖÖ Ûê ¯ÖÖÃÖ Û ¸ê®ÃÖß + ²ÖïÛ Ûê ®ÖÛ ¤

×¸�ÖÌ¾ÖÔ

(B) �Ö®ÖŸÖÖ Ûê ¯ÖÖÃÖ Û ¸ê®ÃÖß ´Öã¦Ö + ´ÖÖÑÝÖ †Öî¸

×´ÖµÖÖ¤ß �Ö´ÖÖ + ²ÖïÛ Ûê ®ÖÛ ¤ ×¸�ÖÌ¾ÖÔ …

(C) �Ö®ÖŸÖÖ Ûê ¯ÖÖÃÖ Û ¸ê®ÃÖß + ²ÖïÛ Öë Ûê ®ÖÛ ¤

×¸�ÖÌ¾ÖÔ + ×¸�ÖÌ¾ÖÔ ²ÖïÛ †Öò± ‡Ó×›µÖÖ Ûê

†®µÖ ×®ÖõÖê¯Ö

(D) �Ö®ÖŸÖÖ Ûê ¯ÖÖÃÖ Û ¸ëÃÖß ´Öã¦Ö + ×¸�ÖÌ¾ÖÔ ²ÖïÛ

†Öò± ‡Ó×›µÖÖ Ûê †®µÖ ×®ÖõÖê¯Ö

65. ²ÖêÃÖ»Ö – I ±Ïê ´Ö¾ÖÛÔ Ûê †®ŸÖÝÖÔŸÖ ³ÖÖ¸ŸÖ ´Öë ÃÖ³Öß

†®ÖãÃÖæ×“ÖŸÖ ¾ÖÖ×ÞÖ×�µÖÛ ²ÖïÛ Öë Ûê �ÖÖê×ÜÖ´Ö ³ÖÖ×¸ŸÖ

¯Ö×¸ÃÖ´¯Ö×¢Ö †®Öã¯ÖÖŸÖ Ûê ×»Ö‹ ®µÖæ®ÖŸÖ´Ö ¯ÖæÑ�Öß ŒµÖÖ

×®Ö¬ÖÖÔ×¸ŸÖ Û ß ÝÖ‡Ô Æî ?

(A) 7%

(B) 9%

(C) 12%

(D) 14%

66. ´Öã¦Ö ²ÖÖ�ÖÌÖ¸ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖê

×¾Ö¢ÖßµÖ ÃÖÓÃ£ÖÖ®Ö ¯ÖÏ“ÖÖ»Ö®Ö ´Öë Æï ?

1. ÝÖî¸ ²ÖïØÛ ÝÖ ×¾Ö¢ÖßµÖ ÃÖÓÃ£ÖÖ®Ö

2. Ã¾ÖßÛé ×ŸÖ ÝÖéÆ

3. ÃÖê®™Ò»Ö ²ÖïÛ

4. Ã™ÖòÛ ‹ŒÃÖ“Öë�Ö

×¤‹ ÝÖ‹ Û Öê› ´Öë ÃÖê ÃÖÆß ˆ¢Ö¸ Û Ö “ÖµÖ®Ö Û ¸ë :

Ûæ ™ :

(A) 2 †Öî 3

(B) 1 †Öî 3

(C) 1, 2 †Öî 4

(D) 1, 2 †Öî 3

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67. Assertion (A) : The capital base of regional rural banks (RRBs) is found to be weak.

Reason (R) : Deposit mobilization of RRBs has been inadequate.

From the above two statements, select the correct answer from the given codes.

Codes : (A) Both (A) and (R) are correct

and (R) is the correct explanation of (A).


(C) (A) is false but (R) is true. (D) (A) is true but (R) is false. 68. Which of the following is broad

money (M3) in India ?

(A) Currency with public + demand deposits in the banks

(B) Currency + demand deposits + other deposits with RBI

(C) Currency + demand deposits + time deposits

(D) Currency + demand deposits + time deposits + other deposits with RBI

69. Which of the following did not

contribute significantly to inflationary pressure in Indian economy in 2010-11 ?

(A) Food prices (B) Prices of manufactured prices (C) Fuel prices (D) Metal and mineral prices 70. In Joan Robinson’s growth model,

capital accumulation depends on (A) Saving-income ratio (B) Profit-wage relation and labour

productivity (C) Profit-income ratio and capital

productivity (D) Saving-investment ratio

71. In Hicks’ neutral technical progress, the technical progress is

(A) Capital augmenting

(B) Labour augmenting

(C) Both Labour and Capital augmenting

(D) Change in the efficiency and productivity of labour

72. In dual gap model, the gap can be filled up by

(A) Raising the level of saving

(B) Export promotion

(C) Steady rate of growth

(D) Foreign aid

73. The concept of ‘learning by doing’ was given by

(A) J.R. Hicks

(B) Kenneth Arrow

(C) Joan Robinson

(D) Nicholas Kaldor

74. Which of the following represents the concept of human capital ?

(A) Total human resources

(B) Total population

(C) Human resources gainfully employed in productive activities

(D) All of the above

75. Which of the following is disadvantageous to developing countries’ international trade ?

(A) Protection

(B) Free trade

(C) Exports of primary and import of manufactured goods

(D) None of the above

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67. †×³ÖÛ £Ö®Ö (A) : õÖê¡ÖßµÖ ÝÖÏÖ´ÖßÞÖ ²ÖïÛ Öë (†Ö¸.†Ö¸.²Öß.) Û Ö ¯ÖæÑ�Öß †Ö¬ÖÖ¸ Û ´Ö�ÖÌÖê¸ ¯ÖÖµÖÖ ÝÖµÖÖ Æî …

Û Ö¸ÞÖ (R) : †Ö¸.†Ö¸.²Öß. Û ß �Ö´ÖÖ ÝÖ×ŸÖ¿Öß»ÖŸÖÖ †¯ÖµÖÖÔ¯ŸÖ Æî …

ˆ¯ÖµÖãÔŒŸÖ ¤Öê †×³ÖÛ £Ö®ÖÖë ´Öë ÃÖê ®Öß“Öê ×¤‹ ÝÖ‹ Ûæ ™ ´Öë ÃÖê ÃÖÆß ˆ¢Ö¸ Û Ö “ÖµÖ®Ö Û ¸ë :

Ûæ ™ : (A) (A) †Öî (R) ¤Öê®ÖÖë ÃÖÆß Æï †Öî¸ (R),


(B) (A) †Öî (R) ¤Öê®ÖÖë ÃÖÆß Æï, »Öê×Û ®Ö (R), (A) Û ß ÃÖÆß ¾µÖÖÜµÖÖ ®ÖÆà Æî …

(C) (A) †ÃÖŸµÖ Æî, »Öê×Û ®Ö (R) ÃÖŸµÖ Æî … (D) (A) ÃÖŸµÖ Æî, »Öê×Û ®Ö (R) †ÃÖŸµÖ Æî … 68. ³ÖÖ¸ŸÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Û Öî®Ö ÃÖß ×¾ÖÃŸÖéŸÖ

´Öã¦Ö (M3) Æî ?

(A) �Ö®ÖŸÖÖ Ûê ¯ÖÖÃÖ Û ¸ê®ÃÖß + ²ÖïÛ Öë ´Öë ´ÖÖÑÝÖ ×®ÖõÖê¯Ö

(B) Û ¸ê®ÃÖß + ´ÖÖÑÝÖ �Ö´ÖÖ + ×¸�ÖÌ¾ÖÔ ²ÖïÛ Ûê ¯ÖÖÃÖ †®µÖ ×®ÖõÖê¯Ö

(C) ´Öã¦Ö + ÖÖÑÝÖ �Ö´ÖÖ + ×´ÖµÖÖ¤ß �Ö´ÖÖ (D) Û ¸ê®ÃÖß + ´ÖÖÑÝÖ �Ö´ÖÖ + ×´ÖµÖÖ¤ß �Ö´ÖÖ +

†Ö¸.²Öß.†Ö‡Ô. Ûê ¯ÖÖÃÖ †®µÖ �Ö´ÖÖ 69. ³ÖÖ¸ŸÖßµÖ †£ÖÔ¾µÖ¾ÖÃ£ÖÖ ´Öë 2010-11 ´Öë Ã± ß×ŸÖ

¤²ÖÖ¾Ö ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Û ÃÖÛ Ö ´ÖÆ¢¾Ö¯ÖæÞÖÔ º ¯Ö ÃÖê µÖÖêÝÖ¤Ö®Ö ®ÖÆà Æî ?

(A) ÜÖÖª ´Öæ»µÖ (B) ×¾Ö×®ÖÙ´ÖŸÖ ˆŸ¯ÖÖ¤Öë Ûê ´Öæ»µÖ (C) ‡Õ¬Ö®Ö ´Öæ»µÖ (D) ¬ÖÖŸÖã ŸÖ£ÖÖ ÜÖ×®Ö�Ö ´Öæ»µÖ 70. �ÖÖò®Ö ¸Öê×²Ö®ÃÖ®Ö Ûê ÝÖÏÖê£Ö ´ÖÖò›»Ö ´Öë ¯ÖæÑ�Öß ÃÖÓ“ÖµÖ

×Û ÃÖ ¯Ö¸ ×®Ö³ÖÔ¸ Û ¸ŸÖÖ Æî ? (A) ²Ö“ÖŸÖ-†ÖµÖ †®Öã¯ÖÖŸÖ (B) »ÖÖ³Ö-´Ö�ÖÌ¤æ¸ß ÃÖ´²Ö®¬Ö †Öî¸ ÁÖ´Ö

ˆŸ¯ÖÖ¤Û ŸÖÖ (C) »ÖÖ³Ö-†ÖµÖ †®Öã¯ÖÖŸÖ ŸÖ£ÖÖ ¯ÖæÑ�Öß ˆŸ¯ÖÖ¤Û ŸÖÖ (D) ²Ö“ÖŸÖ-×®Ö¾Öê¿Ö †®Öã¯ÖÖŸÖ

71. ×ÆŒÃÖ ŸÖ™Ã£Ö ŸÖÛ ®ÖßÛ ß ¯ÖÏÝÖ×ŸÖ ´Öë, ŸÖÛ ®ÖßÛ ß ¯ÖÏÝÖ×ŸÖ Æî

(A) ¯ÖæÑ�Öß Û Öê ²ÖœÌÖ®ÖÖ

(B) ÁÖ´Ö Û Öê ²ÖœÌÖ®ÖÖ

(C) ÁÖ´Ö ŸÖ£ÖÖ ¯ÖæÑ�Öß ¤Öê®ÖÖë Û Öê ²ÖœÌÖ®ÖÖ

(D) ÁÖ´Ö Û ß õÖ´ÖŸÖÖ ŸÖ£ÖÖ ˆŸ¯ÖÖ¤Û ŸÖÖ ´Öë ¯Ö×¸¾ÖŸÖÔ®Ö

72. ×« †ÓŸÖ¸Ö»Ö ´ÖÖò›»Ö ´Öë, †ÓŸÖ¸Ö»Ö Û Öê ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûê «Ö¸Ö ³Ö¸Ö �ÖÖ ÃÖÛ ŸÖÖ Æî :

(A) ²Ö“ÖŸÖ Û Ö ÃŸÖ¸ ˆšÖ®ÖÖ

(B) ×®ÖµÖÖÔŸÖ Û Öê ²ÖœÌÖ¾ÖÖ ¤ê®ÖÖ

(C) ÃÖÓ¾Öé×¨ Û ß Ã£ÖÖµÖß ¤¸

(D) ×¾Ö¤ê¿Öß †ÖÙ£ÖÛ ÃÖÆÖµÖŸÖÖ

73. ‘ ×ÛÎ µÖÖ «Ö¸Ö †×¬ÖÝÖ´Ö’ Û ß †¾Ö¬ÖÖ¸ÞÖÖ ×Û ÃÖ®Öê ¤ß Æî ?

(A) �Öê.†Ö¸. ×ÆŒÃÖ

(B) Ûî ®Öê£Ö ‹ê¸Öê

(C) �ÖÖò®Ö ¸Öê×²Ö®ÃÖ®Ö

(D) ×®ÖÛ Öê»ÖÃÖ Û Ö»›¸

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Q.No. SC01

Q01 B

Q02 A

Q03 D

Q04 D

Q05 A

Q06 D

Q07 A

Q08 A

Q09 D

Q10 C

Q11 A

Q12 B

Q13 D

Q14 B

Q15 C

Q16 B

Q17 C

Q18 C

Q19 B

Q20 C

Q21 D

Q22 D

Q23 C

Q24 D

Q25 C

Q26 A

Q27 A

Q28 A

Q29 B

Q30 C

Q31 C

Q32 B

Q33 B

Q34 D

Q35 C

Q36 A

Q37 A

Q38 A

Q39 B

Q40 A

Q41 D

Q42 A

Q43 C

Q44 B

Q45 C

UGC - NET DECEMBER 2012

ANSWER KEYS (PAPER III)

SUBJECT : ( 01 ) ECONOMICS

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Q46 A

Q47 D

Q48 C

Q49 D

Q50 B

Q51 D

Q52 C

Q53 A

Q54 D

Q55 C

Q56 B

Q57 C

Q58 C

Q59 D

Q60 A

Q61 D

Q62 A

Q63 B

Q64 C

Q65 B

Q66 D

Q67 B

Q68 D

Q69 B

Q70 B

Q71 C

Q72 D

Q73 B

Q74 C

Q75 C

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d12 01 roll€¦ · · 2017-05-31this paper consists of seventy five multiple-choice type of...

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