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MP SET 2022: State Eligibility Test, Economics

  • Language: Bilingual
  • 36 pages
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 1 of 36
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Ryp/P/S/I]y2022                                                Question Booklet No.



 SET                                        Subject-ECOIMOiVlICS                      90S00523T


                                                 Paper II (Optional)


                                                  Subject-Code-8
                                                                      3mr               ^ Mi
                                                             Candidate should write his/licr
 Roil No.                                                    Roll No. ill the given boN'cs

              ^ ■hVii/No. of Printed Pages : 32                                              y'oHi/Total No. of Questions : 100
  TFT^/Time: 2 ^^^/Hours
                                                                                                         ^jyrf^/Total Marks : 200
       ^ ^ .r . . . ^         i..        ^V                   ^      1%^
       11^                           ^                       j "OFT-IR)-WlRT                 f^TSnJT                   '551 It I fdHhr



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MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 2 of 36
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fc^
             (SPACE FOR ROUGH WORK)




S/8/2022/A
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AK



 51. ^                         t,                       51. When income is             Giffen paradox
             t I                                             emerges.

        (A) ^ffci^arm                 ^                     (A) Less than the substitution effect

        (B) "sif^rFaTm        ^                             (B) Equal to the substitution effect

        (C) H=hKlrJH4> sfk "^rfcT^sim           ^           (C) Negative and is greater than the
             3qfe
                                                                 substitution effect

       (D)                   ^ 37fe                         (D) Greater to the substitution effect

 52.               -q^ -qq ^h1hH STFR                   52. Marginal Revenue of a monopoly firm is
       ^           "t, cwTRi :                              less than the price, because :
       (A) "W ^                                f            (A) Demand curve has a negative slope
       (B) TTFT           ^ tJHkHch it^ t                   (B) Demand curve has a positive slope
       (C) "Q:^nf?q^                  ^t                    (C) Monopolist is in equilibrium
       (b)                 ^^ t                             (D) Monopolist incurs losses

53. 13;^ "qr^f ^           a:TiTjTT       3^ ^ 53. The total revenue (R) and total cost (C)
       era (C) "qra            t:                           functions of a firm are given by :
                  R = 30Q-Q^                                         R = 30Q-Q2
                   C = 20+4Q                                         C = 20+ 4Q '
       ^Q               iIM                :3?qra           where Q is the output. Find the
       ^TRT chlf^i^ :
                                                            equilibrium output of the firm :
       (A) 14              (B) 16                          (A) 14              (B) 16
       (C) 13              (D) 20                          (C) 13              (D) 20

(3)S/8/2022/A                                       1
                                                                                               P.T.O.
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 4 of 36
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54.   The first ftmdamental theorem of welfare

      ^                 t :                                   economics requires :

      (A) 'icMI'^chl 3fR •3H»ll'=Wl3fi ^ =t)lHa ^             (A) Producers and consumers to be
                                                                  price takers

                                                              (B) That the economy operates at the
      (B) 5fT2f5q^^                          ^^
                                                                   same point       below   the utility
                                -qr ^T^iPtrid ^ t I
                                                                  possibility curve
      (C)           ^^ %q; 13;^"               ^F5TR
                                                              (C) That there be an inefficient market
            ^ I                                                    for every commodity
      (D)                ^^                                   (D) None of the above

55.                 ^rsiR ^                 tfj^ ■^"    55. In the Paul Sweezy model of Oligopoly
               "TO            ^ [qqir^a        q^iiui         in the kinked demand curve, the point of
      f :                                                     kinked represents :

      (A)           ^'i^nai                                   (A) Quantity rigidity

      (B)            sHEmr-                                   (B) Price rigidity

      (C) BT^                             SRETtiT             (C) Both the price and quantity rigidity

      (D) 3Trq                                                (D) Income rigidity

56.           ^ "qf ^               ■^* "3^ li^MtJl     56. The tendency for low quality cars to
            °fiT^ ^                                 ^         drive high quality cars out of the used
      ^RT ■ciin-i                    ^ h-^Ri "5^              car market is an example of :
               t :
                                                              (A) Hedging
      (A) lf%q ^
                                                              (B) Adverse selection
      (B) yRidjel WT qq
                                                              (C) Moral hazard
      (C)                      ^
                                                              (D) Strategic behaviour
      (D) Wffe o^c(^\i ^
(3)S/8/2022/A
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57.         ^              "q;^        t                    57. A prisoners's dilemma is a game with all

       ^ ^"l^cbi rHHRriRsId                 [^:^l^dlit t*:        of the following characteristics except
                                                                  one :
       (A) Raoii-sl 37^ wftMr "qr h£x]^ :^f
                                                                  (A) Players co-operate in arriving at
                     ^t
                                                                       their strategy
       (B) ■^' Rsidife-^T            "q;^         wftfcr          (B) Both players have a dominant
             t                                                         strategy

       (C)       Ratni-sl            t^s# "4*         "qf^        (C) Both players would be better off if
                                                                      neither     choose   their   dominant
                                                                      strategy

                                                                 (D) The pay-off from a strategy depends
       (D) wftf% qq                 ^ 1WT^ OT
                                                                      upon the choice made by the other
                               qRdT t                                 player

58. qtqfd            sIr -qlqfcf 3im             ^           58. The difference between the value of

         qtq 3fcR "3^ "qqq BtcTT "I"              :              marginal product and marginal revenue
                                                                 product arises only :
       (A) 3^ a^m ^#7fd srm ^ qqq^
                                                                 (A) Average revenue is not equal to
             dql qldl ^
                                                                      marginal revenue
       (B)           3TO                      ^ qqqr
                                                                 (B) Average cost is not equal to
                       t
                                                                      marginal cost
       (C)       3WT               qT™ ^ q<N< q^*
                                                                 (C) Total revenue is not equal to total
             i\m t
                                                                      cost

       (D) sfef qro                  arm ^ qqqr
                                                                 (D) Average cost is not equal to average
             q^' ^ i                                                 revenue



(3)S/8/2022/A
                                                                                                    P.T.G.
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59. PHMPdRsld             ^          ^           ^      59. Which of the following is a problem of

                t ?                                          insurance markets ?


     (A) yPd=h^d                                            (A) Adverse selection

     (B) ^Pl=ti                                             (B) Moral selection

     (C) awfto -dUcbKl                                      (C) Asymmetric information

     (D) <iM^Jdd                                            (D) All of the above


60. -^rf^ TTFT            P = 35-2x-x2 f sfk            60. If    the      demand     function        is


                                                            P = 35 - 2,y - AT- and the demand atq is 3
     -m xq = 3 t                     P = 20 -1, fit
                                                            and price is 20, calculate consumer
                 ^            ^ "TOTT chlPdL^ I
                                                            surplus;
     (A) 30
                                                            (A) 30 units

     (B) 20 ^+1^4                                           (B) 20 units

     (C) 27%^^                                              (C) 27 units

     (D) 25                                                 (D) 25 units


61. "PP^T       ^             ^apr        t?            61. Which of the following statements is

            '"fe OT                  ^:iHia (CRR)           correct ? When Reserve Bank of India


                                                            reduces Cash Reserve Ratio (CRR):
     (A)         tRtnai                        -si^ai
                                                            (A) It does not affect liquidity position
     (B)                      l^srftT ^
                                                            (B) It is affecting to size of population
            t
                                                            (C) It increases the liquidity position
     (C)                             ^ ^RcTT t
     (D) ^                       ^ ^ ^RdT t                 (D) It decreases the liquidity position
{3)S/8/2022/A
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62. "TO V                ^ Tjupn                  62. In India RBI measures money supply in
     SRI Rifer SRT WRIT Rg^RR ^ RTSSFI                 the form of monetary and liquidty
     R             t 1 PlHRrlRsid                      aggregate. Which of following
             M3 R RfTRf^ # ?                           componnts are included in the M3 ?
     (i) RFT ^alRig                                     (i) Demand Deposits

     (ii) M.^ R^ R 37fR^            RIRfR "RRTCT        (ii) Term Deposits over one )'ear
                                                             maturity
    (iii)          "fRrftR R?^RR sft ^Hlef^dPlcb
                                                        (iii) Public Deposits of NBFC
            RRig
                                                        (iv) Certificate of deposits issued by
    (iv) R^' SRI "MrcT RRT RRFRR
                                                             Banks
    ^ ••
                                                        Codes :
    (A) (i) am (iii) R?R f
                                                       (A) (i) and (iii) are correct
    (B) (iii) ^ (iv) R^ t                              (B) (iii) and (iv) are correct
    (C) (i), (iii) am (iv)          f                  (C) (i), (iii) and (iv) are correct
    (D) (i), (ii) am (iv) R?R f                        (D) (i), (ii) and (iv) are correct

63. LM RRT RS aiRm PHHRrifed "^*                   63. The shape of LM curve is dependent on
    m anRifcr ^ t ?                                    which of the following ?
    (A) gsi aTigj^ Rft RTRT                            (A) The amount of money supply
    (B) ditrldl RR^RRf RRI                             (B) The liquidity preference curve
    (C)        (A)       (B)                           (C) Both (A) and (B)
    (D)            'm                                  (D) Consumption Demand

64. RTRT    iRfmiW gJTRT (K) RRT RRcT              64. What will be the value of Keynes
       r!rRI      (MPS)           RRT                  investment multiplier (K) and marginal
    BTRT, RRi%            RRT RRR^R RTRFr              propensity    to   save (MPS) when
    (C) = 100 + 0.80Y ?                                consumption function(C)= 100 +0.80Y ?
    (A) 5. am 0.20       (B) 5 am 0.80
                                                       (A) 5 and 0.20      (B) 5 and 0.80
    (C) 0.20 afR 5 (D) 0.80 afR 5
                                                       (C) 0.20 and 5      (D) 0.80 and 5
(3)S/8/2022/A                               ' £                                              P.T.O.
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65. PHHRir^d                                      ^   65. Match the following economists with
                                                            corresponding       demand         for money
      "TO 4)eld '^' IneiM              :
                                                            function:
                                         M
                                    P=
      (I)                    (i)                            (I)   Robertson                p    M
                                         Ko                                         (i)
                                                                                                ^0

                                                                                                M
      (II) 13;.^. ^          (ii) P =
                                           M                (II) AC Pigou           (ii) P =
                                         KT                                                     KT

                                                                                                KR
                                         KR
                                                            (III) J. M. Keynes (iii) P =
                                                                                                M
      (III)     V^.          (iii) P =
                                         M
                                                                                                K+.£K|
                                                            (IV) Alfred             (iv) P =
                                                                                                     n
                                         K +2K,
      (IV)          TTT^ (iv) P =flZ^
                                               n                  Marshall


      (A) I-(ii), U-(iii), lll-(iv), IV-(i)                 (A) I-(ii), Il-(iii), Ill-(iv), IV-(i)

      (B) i-(iv), n-(iii), in-(i), iv-(ii)                 (B) I-(iv), Il-(iii), Ill-(i), IV-(ii)

      (C) i-(iii), ii-(ii), in-(iv), iv-(i)                (C) I-(iii), Il-(ii), Ill-(iv), iv-(i)

      <D) i-(ii), ii-(iii), m-(i), iv-(iv)                 (D) I-(ii), Il-(iii), Ill-(i), iv-(iv)


66.              wwra ■fesfcl         sfer             66. The average propensity to consume in
 /

                                                           the classical theory of employment will

                                                           be ;
      (A)       ^
                                                           (A) More than one
      (B)           ^
                                                           (B) Less than one

      (C) ^                                                (C) Equal to one

      (D)                       ^                          (D) None of the above


(3)S/8/2022/A
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67. In case when real GDP and nominal

                                                        GDP are equal, what will be the value of
      ^ ^ 13^ ^t^TF ?                                   GDP deflator ?

      (A) -q;^                                          (A) One

      (B) -Q^         ^ -q^ ^ ^ atfro                   (B) Less than one but more than zero

      (C) ^                                             (C) Zero

      (D) "sq^         ^ ^ -q^*                         (D) None of the above

68.              -%          aM PHc^N ^ 3?3?tr,    68. According to Duesenbery's relative

      ^       ^^ "qr, "^q^ -qj^ ^                       income hypothesis, with the increase in

      Biqr MRc^Rd ^ t I mRuiih^^m -^q^                  income, the consumption function curve
                                                        shifts above, which results in average
      ^ sfRrci ycjRj ;
                                                        propensity to consume to :
      (A) ■^" q^t
                                                        (A) Fall
      (B) "^f ^ ^
                                                        (B) Rise
      (C) ?qqf ^                                        (C) Become unity
      (D) "Rsr ^                                        (D) Remain constant

69. "gsr ^            Tflq           ^             69. The speculative demand* for money will

              «1MK ^ ^TTW ^ "^Rft :                    be zero, under the condition when market
                                                       rate of interest is :
      (A) "=i;idH (a<criai         qft "q?n ^*)
                                                       (A) Lowest (in case of liquidity trap)
      (B)         ^           ^ ^ ^
                                                       (B) Less than market rate of interest
      (C) ^qRrq^ ^ ^ arfe                              (C) More than the critical rate

      (D) "^FIR qft            ^     srfs^qr qr^       (D) More than market rate of interest

            stiiPflch qr ^ qiq                              but, less than critical rate

(3)S/8/2022/A                                                                              P.T.O.
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70.          ^                                  "4"         70. Keynesian principle of multiplier does
              cTnj^          ^klT "§ ?                            not operate in the following :
      (A) STo^rfefel ^                                            (A) Underdeveloped countries
      (B) Pcl^nHd %                                               (B) Developed countries
      (C) <iM^idd                                                 (C) Both of the above

      (D)                ^^                                       (D) None of the above

71.               ^ ^ N ^ 100 sfk                           71.   If N of a binomial distribution is 100 and

      WW ^                            0.5                         probability of success is 0.5, its standard
      (q-qcii PtJO'ii           ?                                 deviation will be :

      (A) 25                    (B) 20                            (A) 25                (B) 20
      (C) 10                    (D) 5                             (C) 10                (D) 5

72.      ^ A                 B ^ 1TTS2T         Tfpr^       72.   Given the mean and standard deviation

      fq-qci'i i^            ■'7T :                               of A and B series :

       Xa=15.0                        Xb=20.0                         Xa=15.0                Xb=20.0
              5                       CTb=4                           CTa=5                   aB=4
                                                                  Which of the two         series is more
                                                                  consistent ?
      (A) A ^
                                                                  (A) A series
      (B) B
                                                                  (B) B series
      (C)                    W f                                  (C) Both are equally consistent
      (D) ^             ^                                         (0) Can't say

73.         p^Y > 1           eft p^YX ^ ^ '                73. If pj^Y ^ U         Pyx            *
      (A) 1 ^ ^                                                   (A) Less than 1

      (Bj 1 ^ STfe                                                (B) Greater than 1

      (C) 1           ®RRT                                        (C) Equal to 1

      (D) 0 ^                                                     (D) Equal to 0

(3)S/8/2022/A                                           8
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 11 of 36
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74.                                     "HM 4i1h^I    74. Which is the best average for preparing
        t ?                                                 index numbers ?

       (A) ipte TTTSq (GM)                                  (A) Geometric Mean (GM)
       (B)            tTT?2T (GM)                           (B) Arithmetic Mean (AM)
       (C) TlrffeT^                                         (C) Median

       (D)                                                  (D) Mode

75.              3iqQiir=ha ^              37rf1%^    75. If observed and expected frequencies
       ■Q^-^ ^                    imi ^                     completely coincide, the value of Chi-

       (x^) ^           ^ ^ ?                               square (x^) will be :

       (A) I                (B) 1 ^ ^|(^i                  (A) 1                 (B) Greater than 1
       (C) 1 ^ ^            (D) 0                          (C) Less than 1       (D) 0

76.       ^ ^ tthzt ydlM^WH         "TO               76. If unexplained variation derived through
       f^-^<"i       0.36 i\, ^                            regression for two variables is 0.36, what
       ^ ^ ?                                               will be the coefficient of correlation ?

       (A) 0.64             (B) 0.04                       (A) 0.64              (B) 0.04
       (C) 0.80             (D) 0.16                       (C) 0.80              (D) 0.16

77.           ■^TTTTI ^   37TO^     20         3ftT   77. Given the population size equal to 20. If
                                                           simple     random        sampling     with
       (SRSWR) ^                4 31TTO      ^             replacement (SRSWR) is used to prepare
       (■^^) ^                    ^                        samples of size 4, what is the possible
                   ^ fl           f ?                     number of samples ?

       (A) 2,00,000        (B) 1,60,000                   (A) 2,00,000          (B) 1,60,000

       (C) 40,000          (D) 8,000                      (C) 40,000            (D) 8,000

(3)S/8/2022/A
                                                                                               P.T.O.
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 12 of 36
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•A'-T.




78. WtWH                           ife (U)            78. What justifies the inclusion of Stochastic
                                                           error (U) in a regression model ?
           "hMw 1^ ^rmr t ?
                                                           (A) Correct specification of the model
    (A)         ^                              #TT         (B) Exact measurement of the variables

    (B)       ^            fTPT                            (C) Mathematical relationship between
                                                                variables
    (C)       "^' TTfrmk              #TT
                                                           (D) Omission of variables from the
    (D) hT^ci     ^^                  ^Jiiii                    model



79. 1^            2SLS            ILS ^               79. Under what condition 2SLS method is

    ^t ?                                                   identical to ILS ?


    (A)                    ^Hl=b<ui                        (A) Exactly identified equation

    (B) ^                                                  (B) Under identified equation

    (C) ^                                                  (C) Over identified equation

    (D)^ "^*                                               (D) Never


SO. ^ Y,= 16.64+ 0.72X,1^* Y,=                        80. If Y, = 16.64 + 0.72X, where Y, =
                 X=          ^t I                           tonnes/year and X ~ one year. If the

     ^ T7lt^"'RN ^ 3=TTO              "^Tfr^fe ^            equation is converted for getting monthly
                                                            values, which of the following is correct
     T7T                          #n ?
                                                            equation ?
   .(A) 16.64 + 0.6X
                                                           (A) 16.64 + 0.6X
  ■ (B) 1.39 + 0.06X
                                                           (B) 1.39 + 0.06X
     (C) 16.64 + 0.06X
                                                           (C) 16.64 + 0.06X
     (D) 1.45 + 0.72X
                                                            (D) 1.45 + 0.72X


(3)S/8/2022/A                                        10
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84.          ylyiPH'!                      ^^           84.   A basic feasible solution in a linear
                                                              programming is a point which :
            ^t ^ :
                                                              (A) must satisfy all the structural
      (A)       ^*<^HkM<^ "RfcR^il: ^ "Q^ ■^TT?^                  constraints simultaneously

                                                              (B) must not satisfy all the structural
                                                                  constraints simultaneously

                                                              (C) must be a comer point of feasibile
                                                                  region
      (C) "Hwr ^ ^ ^Hhr W| ^■
                                                              (D) must not be a comer point of
      (D) ^*WT ^ ^                   1^        ^                   feasible region


85. PtMPdndd -^f ^ 1^ ^              awK                85. In    which of the        following    areas

                                                              difference equation is used ?
      ^ wiW               t ?

      (A) ST^Tdci^ WT                                         (A) Discrete time analysis

      iB)         WT                                          (B) Continuous time analysis

      (C)               PdJ^elNui                             (C) Digital analysis

      ■(D)        (A) ak (B)                                  (D) Both (A) and (B)

                                                        86.   Total cost function of a firm is :
86. "q^         ^             eTO        t :
                                                                           TC = 300 + 3Q2
                TC = 300 + 3Q2
      OT ^ am dcMKd                        P = 120
                                                              and the firm sells output at fixed price

      TR         t I          ^      3Tf^=hdHl4i<iJl          P = 120. What will be profit maximizing

      ^         ^cMl<^d ^ ^ ?                                 output of the firm ?

      (A) 50/3                  (B) 20                         (A) 50/3              (B) ■ 20

       (C) 25/4                 (D) 15                         (C) 25/4          ■ (D) 15


(3)S/8/2022/A                                          12
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 15 of 36
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87. PiH                                                    87. Which of the following functions is ml
     ■=1^ t ?                                                       linearly homogeneous ?
     (A) Q =100K°'^'l''-"                                           (A) Q =100K''"l°-"
     (B) Q = 20K°L"''                                               (B) Q = 20K''L"''
     (C) Q = K^+2KL + L^                                           (0) Q = K^+2KL + L^

     (D) Q = 7k^ + 2KL + L^                                        (D) Q =                    + 2KL +

88. 'feat 'jjoito   ^ tf^T sfe' ^Bim; (itHchi             88. Find three numbers of a geometric series,
    ■'iW 14 t cr^^I ippiwr 64 t :                                  whose sum is 14 and product is 64 :
     (A) 2, 3, 9                                               -   (A) 2, 3, 9
                                                          00
     (B) 2, 4, 8                                                   (B) 2,4,8
     (C) X 5, 8                                                    (C) 1,5,8
                                                                         >
     (D) 4, 8. 16                                                  (D) 4, 8, 16
                                                                             II




               "1      2"          "-1      2'                                    "l         2          -1   2
89. ^ A =                   , B=                  cT^T                                             B=              and
                _3     4           _2       -1_                                   _3         4]'        2    -1


     C=              lit ABC             ^ici       ;              C=            , then find matrix ABC :


    (A) [9      17]                                                (A) [9              17]
           9                                                                 9
    (B)   17                                                       (B)       17


          3     0                                                            3         0"
    (C)   5     2                                                  (C)       5         2


          3'                                                             '3'
    (D)   7                                                        (D)       7




(3)S/8/2022/A                                        13                                                          P.T.O.
MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 16 of 36
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90.                          ^              Tjuif^    90. If technological-coefficient matrix of an
                     "0.8   0.2*                                              "0.8       0.2"
                A=                                         economy is A =                       , then is
                      0.9   0.7                                                0.9       0.7

      "OT^ o4ci^l4 t ?                                     this system viable ?
      (A) ?T,         |I - A|> 0 t                         (A) Yes, because |I - A| > 0
      (B)         ^^|I-A|= 0't                             (B) No, because |I - A| = 0
      (C)              |I - A| < 0 t                       (C) No, because |I - A| < 0
      (D)             ^11 cT^TT ^722 ^                     (D) Yes, because the values of ajj and
            ^^t                                                 ^722 ^re less than 1

91. SFtRfG^ WIR                             ^^        91. Offer curve was first used in the theory
      ^sm TPftn             a?T :                          of International Trade by :
      (A) iTRfe                                            (A) Marshall              \
      (B) T3^8f ^                                          (B) Edgeworth

      (C)       (A) 37k (B)                                (C) Both (A) and (B)

      (D)         ^                                        (D) Ricardo

92. 1951 k* 37^^Rk^ '■^^m ^ ^trilR7chl                92. Who tested the classical theory of
      1tort ^ "qkw                  ferr ^tt ?             International Trade in 1951 ?

      (A)                   (B) H44^J|crl                  (A) Leontief         (B) MacDougall

      (C) ^                 (D) ^                          (C) Kenen            (D) Stern

93. 37^ 3litTT               oqm k TT^ ^5^            93. Intra industry international trade is a
      k* W7R im\ t ;                                       trade within an industry in :
      (A)         ^37f k                                  (A) Homogeneous Goods

      (B) tkk^kf^ ^3k k                                   (B). Differentiated Goods

      (C) kHT (A) 3?k (B)                                 (C) Both (A) and (B)

      (D)          k k ^                                  (D) None of the above

{3)S/8/2022/A                                    14
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94. *J ^                          t:               94.   The 'J curve effect' is related to :

      (A)                                                (A) Devaluation

      (B) snfe ^^HHdisif ^                               (B) Economic Inequalities

      (C) 3T^#WW ^                                       (C) Absorption

      (D) <iM^4d                                         (D) All of the above


95.           37lfe          (EEC) ^ tJ: Ttp       95.   The six original EEC member countries

                    ^ "gHT "STTW        "nf MwT          started an exchange rate system known

                        ^t :                             as :




      (A)^               ■SPTT#                          (A) Crawling Peg System

      (B)                                                (B) Clean Float System

      (C) TKt Iot "STTOt                                 (C) Dirty Float System

      (D)            ^ OT^                               (D) Snake in the Tunnel System


96. ^ MPS = 0.3 tt^* MPM = 0.2 t," eft             96. If MPS = 0.3 and MPM = 0.2, then the

                                                         value of Foreign Trade Multiplier (ly)
                           (Ky) ^          ^:
                                                         IS:


      (A) 1                 (B) 3                        (A) 1               (B) 3

      (C) 2                 (D)'4                        (C) 2               (D) 4


                                                   97.   Formula for Income Terms of Trade is :
97. BiTO ^ 3M ^                   ^t :
            P.-Q.                                               P.Q.
      (A)                   (B)                          (A)                 (B) f-
                                   ■m




            P./.                                                P./.               Px fx
      (C)                   (D)                          (C)                 (D)
                                   Pm'fm                                           ^m   Jm


(3)S/8/2022/A                                 15                                             P.T.O.
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98.           ^rm\i       wiW            (^) 98. Eighth member                     of South Asean
                                                                 Association for Regional Cooperation
       ^ 3713^ wq f :
                                                                 (SAARC) is ;
       (A)                (B) MlRb-klH                           (A) Bhutan            (B> Pakistan
       (C)                (D) 3TWTTf7R^                          (C) Sri Lanka         (D) Afghanistan

99.                   teRT ^ MPdMKH               :     99. The Purchasing Power Parity Theory was
                                                                 developed by :
       (A)                 (B)           ^
                                                                 (A) D. Ricardo        (B) Marshall
       (C)                 (D) ^             ^                   (C) G. Cassel         (D) J. Viner

100. rHMRrir^d                  Uf^IWT ^ 3^:            100. Which of the following is the type of
       t ?                                                       dumping ?

       (A)                 (B) "^sTPft                           (A) Sporadic          (B) Persistent

       (C) ^               (D) ^                                 (C) Predatory         (D) All of these

Tjpn           ^                "r^*                    Suppose goods are classified into the.following
             ^ 3fT5RK fro ^ 1McI^ "R R'il'Jia               four cases, according to their characteristics of
■f^ RRT t :                                                 consumption and excludability :
                                                            Consumption                     Exclusion
                                                                                    Feasible Not Feasible

                            1                2          Rival                           1               2

^-Rf^                       3                4          Non-rival                       3               4

<iqjdd 3<l^<u| ^ 3TT^^R RT PiMP<rlP<2ld R^*                 On the basis of above example, answer the
                                                            following questions (101-102) :
(101-102) ^ ^                   :
                                                            101. Which case represents that good is
101.           1^ ■^' ^             ^            f ?
                                                                 private good ?
       (A) 1               (B) 2
                                                               . (A) 1                  (B).2
       (C) 3                (D) 4
                                                                  (C) 3                 (D) 4

(3)S/8/2022/A                                          16
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102.                         ^                    ferfcT    102. In which case market failure occurs due
                  STOW               f■ ?                          to non-rival consumption ?
         (A) 1                     (B) 2                           (A) 1                (B) 2
         (C) 3                     (D) 4                           (C) 3               (D) 4

 103. Pi^-ifoiRgfl 'k'        ■gfhrar tj37 ^ ■tosir           103. Which one of the following is an
         ^             f ?                                         example of overt collusion ?
         (A)        nT-strf                                        (A) Coumot model
         (B)         ^ Tffe^                                       (B) Price leadership model
      (C)                                                         (C) Centralised cartel
      (D)                     ^ ^                                 (D) None of the above

 104. ^ ^                                 oqq ^              104. Who advanced the law of rising public
               "yRimRd 1^             ?                           expenditure ?
      (A)         t^8T                                            (A) Adam Smith
      (B) Tt, %pk                                                 (B) A. Wagner
     (C) T^. "Ht.                                                 (C) A. C. Pigou
     (D)                                                          (D) Edgeworth

105. «i4^Picti "^^nT 1^                    pjt^yi TTfEZTq    105. Public debt is an important investment
     t :                                                         medium :

     (A) dlPuiI^ch             ^                                 (A) For Commercial Banks
     (B)                       ^                                 (B) For Insurance Companies
    (C)          (A)           (B)                               (C) Both (A) and (B)
    (D)                  ^ ^                                     (D) None of the above

(3)S/8/2022/A                                           17
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-   t •
 J.'JT.




106. ^                ^ TT^*                    ^ 106. If public expendiliirc and taxes are
           >3iidl "i" 372if^ AG = AT. ^                       increased by the same amount i.e.

                                                              AG = AT.- then the level of National
     37T^ ^ ■KK        :

                                                              Income will :
     (A) -srqfWw
                                                              (A) Remain unchanged
     (B)
                                                              (B) Increase
     (C)
                                                              (C) Decrease

     (D)             "4"                                      (D) None of the above


107. PhhR^RsJcI n i^ chM^I TT^ Xcj^^llfeid               107. Which one of the following is nol an

     TRcfiTWT ^i<iicni5^<            % ?                      automatic fiscal stabilizer ?

                                                              (A) Unemployment           compensation
     (A) ^<NOIO                 ^
                                                                   allowance
     (B) dKrdliJlchkl x^tT
                                                              (B) Welfare benefits
     (C) ^PcWdd STTXraTT
                                                              (C) Personal Income Tax

     (D) dM^dd             ^ ^                                (D) None of the above


108. ^ T3:d^-          ^ ttitt i^u[diji cdNdK "?!        108. If demand for a commodity is perfectly
     cT^         "^X "diX cfTT qix         Ptj-Hi TRT         elastic,   then   the   incidence   of   a

             :                                                commodity tax will be borne :

     (A)                                                     (A) Fully by sellers

     (B)            ^3ff OT                                  (B) Fully by buyers

     (C)         ^sif TT^* f^^axf OT                         (C) By both sellers and buyers

     (D) dH^cW             ^ ^ -JI^'                         (D) None of the above


(3)S/8/2022/A                                       18
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109. -37^ ^ WrRT                              f:    109. Good Tax Structure includes :

      (A)          fffFFT ■yiPkl'MT ^
                                                           (A) Provision of adequate revenue yield
      (B) ^ ^                 ^HI^HlRlctl f^cR^ ^          (B) Provision of equitable distribution

                                                                   of tax burden

      (C) q^ (A)                t                          (C) Only (A) is true

      (D)         (A) -afR (B)                             (D) Both (A) and (B)

 110. PiHRrir^d           ^                 .         110. Consider the following diagram :
                                                              ;•




          *le
                                                              X




                                     -»-V
          0       ^ 3TT>4R 37ra                                                            -> A"
                                                              0        lax Daso Iiicdnic
                              .^£JR 37RI 37R ^
                                                          In above diagram, the relationship
    ^ ^ ^                       ^               pp        between tax base income and tax rate is
    ^           Tpn t I                 ^                 denoted by straight line PP. In this case,
                                                          the tax system will be ;

    (A)
                                                         (A) Proportional tax

    (B) 571^ ^                                           (B) Progressive tax

    (C) yfd'llHl ^                                       (C) Regressive tax

    (D) <SH^dd        ^ ^ Rff                            (D) None of the above

(3)S/8/2022/A                                    19
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. 111.            'llfa ^ "^TM                       'j,"lK^cb   111. Qualitative tool of monetary policy of
          <iMchXu|                t:                                   controlling credits includes :

         (A) ^ ^               nRc^cfn                                (A) Changing Repo Rate
         (B)          ^RR ^ %^TTR                                     (B) Open Market Operations
         (C) ^.37R.^. (CRR)                                           (C) Changing CRR

         (D) Ww                      ^           ^                    (D) Changes in the minimum margin
                                   ^                                       for lending by bhnk against the
                            WcRt                                           stock of specific securities

 112. v^.                 .-g^            ^        ^^            112. A            is primary meant to promote
                 ^TR snfer f^«R^ ^                       ^            financial and economic stability of a
         ^           ^t I                                             country.

         (A) ohihiR*^                                                 (A) Commercial Bank

         (B)          "fe                                             (B) Central Bank

         (C) 3TTf."qH.1375r.                                          (C) IMF

        (D)                                                           (D) World Bank

 113.          ^THI^Rlf ^qi '^'               ^RT ^R?fi ^        113. If a depositor deposits money in the bank
               Rut Rtunl             ^ Rt)<^1 ^ RTRT                  which can be withdrawn in a part or in
                  -qr gyf ^              1tort ."^                   -full at any time he likes without notice
         t^ w                  "R^ ^ ^ ^ ^                            it is possible under.               type of
               t I                                                    deposits.

        (A) ^RRT "^jRT                                               (A) Time Deposits
        (B)               "^jRT                                      (B) Saving Banks Deposits
        (C) RFT ^                                                    (C) Demand Deposits
     (D)                                                             (D) All of the above
(3)S/8/2022/A                                               20
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114. ^                  -^f                      %7     114. Which of the statement below is true ?
       (A) M3           ^               aTPjf^ TM               (A) M3 is the most liquid money supply
             f I                                                     measure


       (B) M2           ^ -g^ 3TT# -m                           (B) M2 is the most liquid money supply
             Js

             f I                                                    measure


       (C) Ml                      -g^ sTigf^ -m                (C) Ml is the most liquid money supply
             t I                                                    measure


       (D)                     ^t                              (D) All of the above statements are true

115. ^ CRR 20 yPdi^ld t cR                       gq^ 115. When the CRR is 20 per cent then what
        W ^RTT ?                                               will be the deposit multiplier ?
       (A) 2             (B) 3                                 (A) 2                 (B) 3
       (C) 4             (D) 5                                 (C) 4                 (D) 5

116.         ^                     ^RSTTa^f      ^       116. What distinguishes a bank from other
       31^ (am^)         t ?                                   financial institutions ?

       (A)            ^ fWirTR ^                   ^•          (A) Accepting time deposits as a
                                                                    courtesy

       (B) "HFT ^Wg ^1cM<                                      (B) Accepting demand deposits
       (C) ^                                                   (C) Lending
       (D) "^iyi afR "3^ <^1chK                                (D) Accepting loans and boiTowing

117.               MPq TTsg^ t ^ ^ ^                     117              are financial intermediaries
                                                               that pool the resources of many small
       ■gf^gW'                 ^          STBT                 investors by selling them shares and
                         ^ f I                                 using the proceeds to buy securities.
       (A)
                                                               (A) Derivatives
       (B) ^
                                                               (B) Insurance
       (C) i^ar^
                                                               (C) Mutual Funds
       (D)
                                                               (D) Provident Funds
(3)S/8/2022/A                                       21                                            P.T.O.
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118.               ^^         ^^             ^    118. Which of the statement gives an accurate
                                                       picture of the effect of the increase in the
       ■Hdlch cTt^^ y'^d ch<dl "t" ?                   repo rate ?

       (A) X?T     ."^sa ^ 3TT^                        (A) The money supply in the country
                                                            will decrease
       (B) ^ M          ^ 3TFjj^                       (B) The money supply in the country
                                                            will increase
       (C) ^ "B "gsT ^                 ■^'
                                                       (C) The money supply in the country
            fR
                                                            will increase initially and then
                                                            decrease
       (D) ^ 1^* "3^ ^ 3TT^ R ^ TITO
                                                       (D) There is no effect on the money
                                                            supply in the countr>'

119. ^ TOR 'Sm ^ 3lk 3^-IR ^ ^                    119. Capital market deals in lending and

       ^)TR ch<dl % :                                  borrowing of:

                                                       (A) Short term credit
       (A) 3R^          TOT
                                                       (B) Medium term credit
       (B) Rm toTr tot
                                                       (C) Long term credit
       (C) <>-I=hidlH TOT
                                                       (D) Both medium term credit and long
       (D) RSRR sfk ^hfrofh TOT                             term credit


120. TOT TOTR srk              -t^ TO 1963        120. First step in the field of mutual fund
                                                       industry with the setup of.              in
                        WTPTT ^ RTST
                                                       1963 by Government of India and
       RT^ "311^17 ^     ■^' TOP TOR RT I
                                                       Reserve Bank.

       (A) UTI              (B) GIG                    (A) UTI              (B) Gie

       (C) Lie              (D) IDBI                  (C) Lie               (D) IDBI

(3)S/8/2022/A                                22
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121.              "foT^TTB            0,^1         % f^RT^    121. "Economic development is a process
                                ST^oq^TSlT ^                       whereby economy's real national income
               3TT^ n <1i4^l(^ T\              ^ f i"              increases over a long period of time."
             "qftTOT ^ ^ :                                         This definition is given by :
       (A) ± ^ m                                                  (A) Prof. Lewis
       (B) i[. ?pte OT                                            (B) Prof. Schumpetor
       (C) "WT               <Mi<r-sfq'i                          (C) Meier and Baldwin

       (D)                      "gRI                              (D) Mrs. Hicks

122.          wm                   STT^TTfer t :              122. Thes-theory of Big Push is based on :

       (A)                      -qr                               (A) External economies

       (B) <hmR=^i ajT^di "qr                                     (B) Internal economies

       (C)          31^™' "q^                                     (C) External diseconomies

       (D) 3TRte 37^^' -qr                                        (D) Internal diseconomies

123. 3nfe7 -ferm                      "qfMw            ^      123. According   to   classical   theory   of
       37^7TR :                                                    economic growth :

       (A)           ^mR feFRI ^ ^ t                              (A) Foreign trade is an engine of growth
                                                                  (B) Techniques is an engine of growth
       (B) d=hHlc+i PcidilJH ^^ t
                                                                  (C) Capital accumulation is an engine
       (C) %Tt                             ^^ f
                                                                       of growth
       (D) 3q^dd                                                  (D) All of the above •

124. "qro ^ 3T^                        fq^          t:        124. According to Marx's profit depends on :
       (A)               ^                 .                      (A) Rate of Exploitation
       (B) ^ ^                        qr                          (B) Capital Structure
   (C)            (A) 3lk (B)                                     (C) Both (A) and (B)
   (D) HdMciriH TR                                                (D) Innovation


(3)S/8/2022/A                                            23                                         P-T.O.
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'm» Mil




 125.                                  fern t :            125. According to Schumpcter. economic
                                                                development is a :
        (A)         hI^^i
                                                                (A) Continuous process
        (B) 3OT^ yPsh-Mi
                                                                (B) Discontinuous process
        (C)
                                                                (C) Static process
       (D) ^^fcT^-MI^Rlch                                       (D) Static-dynamic process

126.          ^ 1#^                     > G„ ■^, eft      126. In Harrod Model if G,,, > G„, then
                                                                economy will be in :

        (A) tH^Id                          ®                   (A) Inflation

        (B) ^HqFTMRr ^ilaelMdl                                 (B) Secular Stagnation

        (C) xNtefRr                                            (C) Secular Inflation

        (D)          ■^*                                       (D) None of the above

127. C^"HH                  AN/N > AK/K ^ ^               127. When AN/N > AK/K in Robinson model,
        $l'i( :                                                then there will be :

       (A)        'iiWlR                                       (A) Full employment

       (B)                                                     (B) Unemployment

       (C)                                                     (C) Inflation

       (D) <iH^=W                                              (D) All of the above

128.          ^            'J,"1<=1T1I ^-qchiqi ^ ipSf    128. Value of PQLI (Physical Quality of Life
       Pi^ ^          1^2^^ TWcTT f" :                         Index) lies between :

       (A) 0 ^ 10              (B) 0 ^ 1                       (A) 0 to 10            (B) 0 to 1

       (C) 0^ ICQ              (D) 0^ 1000                     (C) 0 to 100           (D) 0 to 1000

(3)S/8/2022/A                                        24
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129.                           sTfRpmr ^             ^       129. Inequality in the distribution of income
         "^RuTT i" :                                               can be described by :
        (A)             -m ^                                       (A) Ogive curve
        (B) e#5f ^ ^                                               (B) Lorenz curve

        (C)         ^^                                            (C) Laffer curve

        (D)         ^                                             (D) Ok.un curve

 130.                         2022-23 ■4'                    130. From the following the ''Big Tent" word
               ■^>7 TP^TT fHHfcrlRsid 17 ^ "fepp                  was uijad in Economic Survey 2022-23
        ^ feiT 77^ ?                                              for :

        (A) TimTf^ aw^Wn ark -il-Ji'iK                            (A) Social           infrastructure    •   and
                                                                          employment
        (B) TTRlf^T^ chtrHi'M <U|41[^
                                                                  (B) Social welfare strategy
        (C)                          ^           "20^
                                                                  (C) Health action plan for all
        (D) aRPTfer ^ ^                     ^                     (D) Include labourers of unorganised
                                                                          sector in social welfare net

131.             TFIW ^                  I^fT TTRmrafF       131. Consider the following assumptions
        "77 tq-ciK Wlf^tJ :                                      regarding compensation criterion :
        (i) TTv^                                3F^              (i) Each individuaTs satisfaction is
                    f I                                               independent from others
       (ii) "377177 3^                      W 7'71^              (ii) There are no external effects in
              7^" t I                                                 production and consumption
                       -77 ^777 Tf^tfer ;                        Choose the currect o'ption :
       (A) (i) TT^* (ii)           ^ f                           (A) Both (i) and (ii) are correct
       (B) (i)         (ii)        Wt 7^- t                      (B) Both (i) and (ii) are incorrect ■
       (C) q^ (i) Wt t I                                         (C) Only (i) is con*ect

       (D)         (ii) TT^'t I                                  (D) Only (ii) is correct

(3)S/8/2022/A                                           25
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MP SET 2022 question paper, State Eligibility Test 2022, Economics, page 28 of 36
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132. "^Tlfn                     ^                               132. Consider the following facts regarding

                  "qr feR ^ftf^ :                                    common property resources :

       (i) 3Tf^7^J2RT :^ srrfei                 ^ ^t?T               (i)   Assertion : They can also be called

              ^ ^H^tiai "i" I                                              as an economic good.

       (ii) ^JRTJT : ■HHT'Rili ^ W WlPMccI                           (ii) Reason : Common ownership of
                                             iiuicjTll -4'
                                                                           resources has resulted in improving
                     aw t I
                                                                           the quality of resources.

              PclchcrM "qn WT             :                          Choose the correct option :

       (A) (i)         (ii)         ^ f                              (A) Both (i) and (ii) are true

       (B) (i) tt^* (ii)            iMcT f                           (B) Both (i) and (ii) are false

       (C)           (i) ■?!# t                                      (C) Only (i) is true

       (D)           (ii)       t                                    (D) Only (ii) is true


133.          ^                      -qprat f          :        133. Coase first theorem assumes ;


                                                                     (A) That there are transaction costs
       (A)            ■ ei.Mia tnP+Hpnu ^
                                                                           involved

       (B)                           #TT t
                                                                     (B) That      there   is no   government

       (C) "Rf^ ^8^^ ^ WIT aife ^                                          interference

                                                                     (C) That the number of contracting
              t
                                                                           parties is large
       (D) "^RiM ^                  ^                                (D) That the cost of negotiation is very

                                                                           large

:{3)S/8/2022/A                                             26
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jr*'i'
  rM*.-"
    AK


 134.                                 fefR chlP^iJ ;               134. Consider the following statements :
        (i)                ^•%                   T^uf -af^T^iit         (i) In case of public good, the economy
                                                                             will not reach a point of Pareto
                                                                             optimality in a perfectly competitive
                                                                            maiket.
        (ii) tii4>JiPich           "^Twr                  11
                                                                       (ii) Public goods create externality.
        ■?T^ PcJchrM            Wf ^ftfbfq; :
                                                                       Choose the coirect option ;
        (A) (i)          (ii)          ^ t
                                                                       (A) Both (i) and (ii) are correct
        (B) (i)          (ii)                    t"                    (B) Both (i) and (ii) are incorrect
        (C)           (i) ^ t                                          (C) Only (i) is correct
        (D)           (ii) ^ t                                         (D) Only (ii) is correct

 135. Pi*^RiRsJd ^          "^fterr aTTqRlFi^ ijtr^fchH           135. Which of the following is a part of
               ^ W t ?                                                 contingent value method ?
        (A) ej|J|d6lH              Wn                                  (A) Costless choice method
        (B) ^ oTO                                                      (B) Travel cost method
       (C) "^WT^                    M^T                                (C) Hedonic price method
       (D) PiciKcb                                                     (D) Preventive expenditure method

136.          qd%id                                               136. Consider the following statements
               "q^              ctilpi]^ :                            regarding net present value criterion ;
       (i) "SH             Wik 'qfFiNRT ^(r^l'chH                     (i) When it is used for a project
              "il feiT              f ^ "RfMvRT ^                          appraisal, the acceptability of
                                         "^T^) ^                           project is based purely on economic
                           3TTf^               "qr^l^^                     efficiency.
              ^<dl ^ I
                                                                      (ii) It does not address the issue of
       (ii)              fqa^^i ^ "OTFTT "q^ ?=qF
                                                                           income distribution.
                   ^ I
                                                                      Choose the correct option ;
              RdicrM ^                       :
                                                                      (A) Only (i) is correct
       (A)        (i)    f
                                                                      (B) Only (ii) is correct
       (B)        (ii) ^ t
       (C) (i)      (ii)   Tirq t                                     (C) Both (i) and (ii) are correct
       (D) (i) TJ^ (ii)           #                                   (D) Both (i) and (ii) are incorrect

(3)S/8/2022/A                                               27                                            P.T.O.
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137. PHHrdHsid                           :                 137. Consider the following :

    (i)                  : 8TOH T?:^'                           (i)   Assertion : Thomson and Lewis

           y^dd               ST^nf^ "^sF^
                                                                      regard the General Fertility Rate as
                                                                      a better measure than the Crude
                  "Riq TRH^ f I
                                                                      Birth Rale.
    (ii) "SRTTW 1 : -HinM y^HH                     ^
                                                                (ii) Reason 1 : General Fertility Rate
                        ■^* "S^Rf T?:^' "Rflw ^ ^
                                                                      eliminates         the   intluence     of
          3WC ^ "3^ ^                        ^                        difference        between   males     and
          tI                                                          females in total population.
    (iii) cbKUi 2 : ^HIHM "JT^m                15-49            (iii) Reason 2 : General Fertility Rate
          -3TT^             TTfF^STf ^ 37^qTcT ^                      eliminates        the    difierence    in

          31^ ^ -HTTRT ^ %ft t I                                      proportion of women is 15-49 age
                                                                      group :
          FqcftorM ^ WP]                 :
                                                                Choose the correct option :
    (A) (i), (ii) T^ (iii)           ^ t
                                                                (A) All (i), (ii) and (iii) are correct
    (B) (i), (ii)          (iii)              t
                                                                (B) All (i), (ii) and (iii) are incorrect
    (C)           (i)       (ii)        t
                                                                (C) Only (i) and (ii) are correct
    (D)           (i)        (iii) ^ f                          (D) Only (i) and (iii) are coirect

138. 37T^ fMw "R^spTT ^ ^                    ■^'           138. Consider the following statements about
                  fq^K ctilPjiy. :                              age specific fertility rate :
    (i)           WTT ^              371^ ^PJF ^                (i)   While computing it, the age group
          10        ^ 3RFM "feFTT                  "I 1               of 10 years interval is taken.
    (ii) ^ ^ WR ^ ^ Wn ^                                        (ii) It is the basis of calculating the total
         ^ 3TT^ t-                                                    fertility rale.
    Wt fqchtrs     qilPny. :                                  • Choose the correct option :
    (A)           (i)         t                                 (A) Only (i) is correct
    (B)           (ii)        t                                 (B) Only (ii) is correct
    (C) (i)         (ii)           ^ f                         (C) Both (i) and (ii) are correct
    (D) (i)' "^* (ii) '^*                t                     (D) Both (i) and (ii) are incon-ect

(9>S/8/2p22/A                                         28
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139. "sfto dlPd^bl                          "q^    139. Consider the following facts regarding
              ctilPiiy. :                               life table :

     (i) "q?" q.ch <HHM "q •^i'^d ^1cjd yrdRII          (i) It is the basis for measuring average
            qrt TTm ^              t I                       life expectancy in a society.
     (ii)            HMdl "qr 37TqTi^ t %              (ii) It is based on assumption that death
                vm ^             -qferf^ ^ t i               rate changes over time
     Wt fq<^crH ^ "^PH ctilf^iJ :                      Choose the correct option :
     (A)           (i) ^ t                             (A) Only (i) is correct
     (B) chqci (ii)          ^                         (B) Only (ii) is correct
     (C) (i) -q^' (ii)              t'                 (C) Both (i) and (ii) are correct
    (D) (i) -q^* (ii)            T[^ t                 (D) Both (i) and (ii) are incorrect

140.'Wm                      ^            tfer     140. The Fei-Ranis Model of rural urban
     HMdi "i"        :                                 migration assumes :
     (i) qrf^ ^ q^* sMfw ^                             (i) There is dual economy consisting of
                  3T8foq^^ f I                               active agricultural and industrial
     (ii)             ^ sjfiT^           B^qi^'              sector.

            ^ "^q^           1 I                       (ii) Workers in both sectors consume

     (iii) ^ yPRHsqT OT         ^ ^iq^ ^                    only agricultural products.
           ^idl "t" ^51 qft qftqirf ■scimdidi          (iii) If population increases above the
            qjfq   ^lal "I "d) ^   ateHqqr                  point "where marginal productivity
            ^ "4' ^m'dRd         ^ qr^niT f                 of labour becomes zero, labour can
                                                            be shifted to the industrial sector
                  qRuiiHW^q ^ ^cMKd
                                                            with resulting loss in agricultural
            q^qt sTpfl t I
                                                            output.
     ■^^1 "fqqi^ qq ^qqq edlRiq :
                                                       Choose the correct option :
     (A)          (i) TTq (ii)       f
                                                       (A) Only (i) and (ii) are correct
    (B)           (ii) qr^ t
                                                       (B) Only (ii) is correct
    (C)           (iii) qr^ t
                                                       (C) Only (iii) is correct
    (D) ^q^ (i)              %
                                                       (D)^ Only (i) is correct
(3i;S/8/20i22/A              .                29                                           P.T.O.
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141. PURA              R                       t         141. In PURA model, R word represents

       (A) WIT             (B) TTRWt                         (A) Rupee            (B) Rural

       (C)                 (D) 3TfeR                         (C) Reserve          (D) Right


142. 1950-51                       ^^                    142. In 1950-51 the share of public sector in

       c^IhciI "'IT        '^* "^TNT        511 :             GDP at current prices was accounted :

       (A) 10.5%           (B) 8.5%                          (A) 10.5%            (B) 8.5%

       (C) 7.5%            (D) 5.5%                          (C) 7.5%             (D) 5.5%


143.         ^ fSlTW                   •^* ^ Tff I       143. SEBI was established in the year :

       (A) 1983                                              (A) 1983

       (B) 1988                                              (B) 1988

       (C) 1990                                              (C) 1990

       (D) 1993                                              (D) 1993


144. fm ^                              3TrqhT ^          144. How much weight assigned by the
                                                              Fifteenth Finance Commission of India

                ^ feRT ^ "Pro               -TFIT ?           to the demographic performance criterion
                                                              in the horizontal devolution criteria ?
       (A) 12.5%
                                                             (A) 12.5%
       (B) 10.0%
                                                             (B) 10.0%

       (C) 2.5%                                              (C) 2.5%

       (D) 45%                                               (D) 45%


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145.          ^^(1993-94)                             145. During Liberalisation (1993-94), Reserve
               ^      A'                    ^ IJTjf          Bank of India made rupee full
          MRqcfi^jilci ciiNI iFTT ?
                                                             convertible in which account ?
         (A)        TMcIT
                                                             (A) Capital account
        (B) ^2im MtTT                                        (B) Trade account
        (C)         -fe                                      (C) World Bank Account
        (D) STTf.-qTT.TT^.                                   (D) IMF Account

 146. 4rt!r         OT          tttt      ^ Tfrg^' 146. The 'Model of Development' of NITI
        ^            t:                                     Aayog aims at :
        (i)    ^icf^Rich Richie
                                                            (i) All round development
        (ii)               t^chlH
                                                            (ii) All pervasive development
        (iii) ■^4^Hl<^!;|cb fern
                                                            (iii) All inclusive development
        (iv)         f^qOT
                                                            (iv) Holistic development
                      ^ ^ ^44l4            "p;              Select correct answer using the codes
        <JTi< ^ rizpT ^ftfp :
                                                            given below :

                                                            Codes :
        (A)         (i)
                                                            (A) Only (i)
       (B)         (i) alk (ii)
                                                            (B) Only (i) and (ii)
       (C)         (ii) alk (iii)                          (C) only (ii) and (iii)
       (D) (i), (ii), (iii) sfk (iv)                       (D) (i), (ii), (iii) and (iv)
         ft




147.                           (^ 1991 ■^) «jRcfl^    147. In the post liberalisation period (1991), '
                   ^ ^ t :                                 the growth in Indian Economy is :
       (A) ^                ^                              (A) Agricultural sector led growth
       (B) ^
                                                           (B) Industrial sector led growth
       (C) ^               ^                               (C) Service sector led growth
       (D)r        -tlqi                                   (D) Social service sector led growth
(3)S/8/2022/A                                    31
                                                                                           >. P.T.O.
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148. 'H5Kn*            "^TPrfW                 f :           148. Maliaratnas are those companies which
                                                                   have :
        (i)                          ^^
                                                                   (i) Net profit more than Rs. 5,000
                    5,000 ■?.                   3Tfe ^
                                                                        crores evey year for the last three
        (ii)                              ■^'                           years

        (iii) f^TW                    15,000                       (ii) They are listed in National Stock
                                                                        Market
               ^            i\ I
                                                                   (iii) Net worth is more than Rs. 15,000
                              "cj-Hd ct)1[^i^ ;                         crores.


        (A) ^ci<n (i)                                              Choose the correct option :
                                                                  (A) Only(i)
        (B) =hqei (iii)
                                                                  (B) Only (iii)
        (C) chqei (ii)
                                                                  (C) Only (ii)
        (D) (i), (ii)        (iii)                                (D) (i), (ii) and (iii)

149.                      ^<1^J|k1 -f^ -RTO           t:     149. Urban unemployment is of the following
                                                                  type in India :
       (A)              "Q;^* hkhhI ^^ChiFTT^                     (A) Disguised             and   seasonal
                                                                       unemployment
       (B) sMfw                                                  . (B) Industrial           and   educated
                                                                       unemployment
       (C) ai^              Mm                                    (C) Disguised             and   educated
                                                                       unemployment

       (D) 1^T%T "q^' hi'WhI                                      (D) Educated          and       seasonal
                                                                       unemployment                           V

150. 2021 ^ "^Rwrr                                    ■^'                                                     A
                                                             150. According to census 2021 which of the
     Pi^-iRnRaa"—                                     ^           following Union Territories has the
       teFTT^^ "^T^ffer t ?                                      highest sex ratio in India ?
       (A) ^ afk                                                 (A) Daman and Din
       (B)                                                       (B) Lakshadweep
       (C) ^                                                     (C) Puducherry
       (D) -qu-sl'its                                            (D) Chandigarh

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chi4 '%

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Source: Madhya Pradesh Public Service Commission. Question paper published by Madhya Pradesh Public Service Commission.

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