MH SET 2013: 1 December, Paper III, Economics


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DEC-11313/III 2



























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66. Find the odd name out : 66. [kkyhy ukokrhy folaxrh 'ksk/kk %
Regional Rural Bank, Primary
foHkkxh; xzkeh.k c°d] izkFkfed œ"kh ir laLFkk]
Agricultural Credit Society, ICICI
vk;-lh-vk;-lh-vk;- c°d] ukckMZ
Bank, NABARD :
(A) izkFkfed œ"kh ir laLFkk
(A) Primary Agricultural Credit
(B) foHkkxh; xzkeh.k c°d
Society
(B) Regional Rural Bank (C) vk;-lh-vk;-lh-vk;- c°d
(C) ICICI Bank (D) ukckMZ
(D) NABARD 67. [kkyhyiS d h dks . krk ?kVd Hkkjrkrhy
67. Which of the following is not the tfeufo"k;d lq/kkj.kkaps mfÌ"V uOgrs \
objective of land reforms in India ? (A) e/;LFkkaps mPpkVu
(A) Abolition of intermediaries (B) ik.khiqjoBÓkP;k lqfo/kk iqjfo.ks
(B) Providing irrigation facilities (C) dlouqfdph 'kk'orh
(C) Security of tenure (D) [kaMkps fu;eu
(D) Regulation of rent 68. lu 2010 e/;s Hkkjrh; œ"kh {ks=krhy xqaro.kwd
68. Investment in Indian agriculture as
fLFkj fdaerhuqlkj jk"V™h; mRiUukpk-------------
per cent of GDP constant prices was
VDds gksrh-
around...................% by the year
(A) 1.5
2010.
(B) 5.5
(A) 1.5
(C) 3.5
(B) 5.5
(C) 3.5 (D) 7.0
(D) 7.0 69. Suppose the utility function is
69. Suppose the utility function is U = q 1, q2, prices are given as
U = q 1, q2, prices are given as p1 = 4 and p2 = 10. With consumer’s
p1 = 4 and p2 = 10. With consumer’s income as Rs. 200, what would be
income as Rs. 200, what would be the equilibrium quantities of
the equilibrium quantities of commodities ?
commodities ? (A) q1 = 25, q2 = 10
(A) q1 = 25, q2 = 10 (B) q1 = 50, q2 = 20
(B) q1 = 50, q2 = 20 (C) q1 = 20, q2 = 40
(C) q1 = 20, q2 = 40
(D) q1 = 5, q2 = 10
(D) q1 = 5, q2 = 10
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70. If the utility function is U = q1q2 70. If the utility function is U = q1q2
and the budget constraint Mº— p1q1 and the budget constraint Mº— p1q1
– p 2 q 2 = 0, then the demand – p 2 q 2 = 0, then the demand
functions are : functions are :
(A) Vertical (A) Vertical
(B) Rectangular hyberbola (B) Rectangular hyberbola
(C) Parabola (C) Parabola
(D) Horizontal (D) Horizontal
71. Entrepreneur’s short run total cost 71. Entrepreneur’s short run total cost
function is : function is :
C = q3 – 6q2 + 17q + 66. C = q3 – 6q2 + 17q + 66.
What would be the output level at What would be the output level at
which he maximizes profit if p = 5 which he maximizes profit if p = 5
under perfect competition ? under perfect competition ?
(A) 1 (A) 1
(B) 2 (B) 2
(C) 3 (C) 3
(D) 4 (D) 4
72. An economy has the following data 72. An economy has the following data
for industry and agriculture sectors : for industry and agriculture sectors :
Agriculture Industry Final Final Agriculture Industry Final Final
Demand Output Demand Output
Agriculture 150 50 100 300 Agriculture 150 50 100 300
Industry 50 100 50 200 Industry 50 100 50 200
The input-output coefficient for The input-output coefficient for
industry’s input into agriculture industry’s input into agriculture
sector is : sector is :
1 1
(A) (A)
2 2
1 1
(B) (B)
3 3
1 1
(C) (C)
6 6
1 1
(D) (D)
5 5
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73. Heteroscedasticity means : 73. Heteroscedasticity means :
(A) Error variance increases (A) Error variance increases
(B) Error variance decreases (B) Error variance decreases
(C) Error variance increases or (C) Error variance increases or
decreases decreases
(D) Error variance is constant (D) Error variance is constant
74. When the number of explanatory 74. When the number of explanatory
variables in the regression model variables in the regression model
increases the adjusted R2 (R)2 . increases the adjusted R2 (R)2 .
(A) Increases (A) Increases
(B) Decreases (B) Decreases
(C) Does not change (C) Does not change
(D) May increase or decrease (D) May increase or decrease
75. In a dummy variable model, the 75. In a dummy variable model, the
number of dummies should be : number of dummies should be :
(A) one less than number of (A) one less than number of
categories categories
(B) one more than number of (B) one more than number of
categories categories
(C) equal to number of categories (C) equal to number of categories
(D) one less than number of (D) one less than number of
independent variables in the independent variables in the
model model
31 [P.T.O.
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DEC-11313/III ROUGH WORK 32
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Source: Savitribai Phule Pune University. Question paper published by Savitribai Phule Pune University.