TS SET 2014: Paper II, Economics
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SUBJECT CODE SUBJECT PAPER
A-05-02 ECONOMICS II
HALL TICKET NUMBER
QUESTION BOOKLET NUMBER
OMR SHEET NUMBER
DURATION MAXIMUM MARKS NUMBER OF PAGES NUMBER OF QUESTIONS
1 HOUR 15 MINUTES 100 24 50
This is to certify that, the entries made in the above portion are correctly written and verified.
Candidate’s Signature Name and Signature of Invigilator
Instructions for the Candidates A¿æýÅÆæÿ$¦ËMæü$ çÜ*^èþ¯èþË$
1. Write your Hall Ticket Number in the space provided on the top 1. D ç³#r ò³O ¿êVæü ÌZ CÐèþÓºyìþ¯èþ çÜ¦Ë ÌZ Ò$ çàÌý sìýMðüsý ¯èþ ºÆæÿ$ Æ>Äæý$ yìþ.
of this page.
2. D {ç³Ôèý² ç³{èþÐèþ$$ Äæý*¿ñýO ºçßý$âñýO_eMæü {ç³Ôèý²Ë¯èþ$ MæüÍW E ¨.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet will 3. ç³Èæü {´ëÆæÿ ¿æýÐèþ$$¯èþ D {ç³Ôé²ç³{èþÐèþ$$ Ò$Mæü$ CÐèþÓºyæþ$èþ$ ¨. Ððþ$$§æþsìý I§æþ$
be given to you. In the first 5 minutes, you are requested to open °Ñ$çÙÐèþ$$ËÌZ D {ç³Ôé²ç³{èþÐèþ$$¯èþ$ ðþÇ_ Mìü §æþ ðþÍí³¯èþ A Ôé˯èþ$ èþç³µ°çÜÇV>
the booklet and compulsorily examine it as below : çÜÇ^èþ*çÜ$Mø yìþ.
(i) To have access to the Question Booklet, tear off the paper (i) D {ç³Ôèý² ç³{èþÐèþ$$¯èþ$ ^èþ*yæþyé°Mìü MæüÐèþÆÿõ³h A ^èþ$¯èþ E¯èþ² M>Wèþç³# ïÜË$¯èþ$
seal on the edge of this cover page. Do not accept a booklet _ ^èþ yìþ. íÜtMæüPÆÿ ïÜË$Ìôý° Ðèþ$ÇÄæý$$ C¨ÐèþÆæÿMóü ðþÇ_ E¯èþ² {ç³Ôé²ç³{èþÐèþ$$¯èþ$
without sticker-seal and do not accept an open booklet. Ò$Ææÿ$ A XMæüÇ ^èþÐèþ§æþ$ª.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover (ii) MæüÐèþÆæÿ$ õ³h ò³O Ðèþ$${¨ _¯èþ çÜÐèþ*^éÆæÿ {ç³M>Ææÿ D {ç³Ôèý²ç³{èþÐèþ$$ÌZ° õ³iË
page. Faulty booklets due to pages/questions missing çÜ Qůèþ$ Ðèþ$ÇÄæý$$ {ç³Ôèý²Ë çÜ Qůèþ$ çÜÇ^èþ*çÜ$Mø yìþ. õ³iË çÜ QÅMæü$
or duplicate or not in serial order or any other çÜ º «¨ _ V>± Ìôý§é çÜ*_ _¯èþ çÜ QÅÌZ {ç³Ôèý²Ë$ ÌôýMæü´ùÐèþ#r Ìôý§é °f{ç³
discrepancy should be got replaced immediately by a M>Mæü´ùÐèþ#r Ìôý§é {ç³Ôèý²Ë$ {MæüÐèþ$糧æþ®ÌZ ÌôýMæü´ùÐèþ#r Ìôý§é HÐðþO¯é óþyéË$ yæþ$r
correct booklet from the invigilator within the period Ðèþ sìý §øçÙç³NÇèþÐðþ$O¯èþ {ç³Ôèý² ç³{é°² Ððþ r¯óþ Ððþ$$§æþsìý I§æþ$ °Ñ$ÚëÌZÏ ç³È>
of 5 minutes. Afterwards, neither the Question Booklet ç³ÆæÿÅÐóþæüMæü$°Mìü ÇW C_aÐóþíÜ §é°Mìü º§æþ$Ë$V> çÜÇV>Y E¯èþ² {ç³Ôèý²ç³{é°² ¡çÜ$Mø yìþ.
will be replaced nor any extra time will be given. èþ§æþ¯èþ èþÆæÿ {ç³Ôèý²ç³{èþÐèþ$$ Ðèþ*Ææÿaºyæþ§æþ$ A§æþ¯èþç³# çÜÐèþ$Äæý$ CÐèþÓºyæþ§æþ$.
(iii) After this verification is over, the Test Booklet Number
should be entered in the OMR Sheet and the OMR Sheet (iii) ò³O Ñ«§æþ V> çÜÇ^èþ*çÜ$Mö¯èþ² èþÆ>Óèþ {ç³Ôé²ç³{èþ çÜ Qůèþ$ OMR ç³{èþÐèþ$$ ò³O
Number should be entered on this Test Booklet. A§óþÑ«§æþ V> OMR ç³{èþÐèþ$$ çÜ Qůèþ$ D {ç³Ôé²ç³{èþÐèþ$$ ò³O °ÇªçÙtt çÜ¦Ë ÌZ Æ>Äæý$ÐèþÌñý¯èþ$.
4. Each item has four alternative responses marked (A), (B), (C) 4. {ç³ {ç³Ôèý²Mæü$ ¯éË$Væü$ {ç³éÅÐèþ*²Äæý$ {ç³çܵ §æþ¯èþË$ (A), (B), (C) Ðèþ$ÇÄæý$$ (D)
and (D). You have to darken the circle as indicated below on the Ë$V> CÐèþÓºyézÆÿ$$. {ç³{ç³Ôèý²Mæü$ çÜÆðÿO¯èþ {ç³çܵ §æþ¯èþ¯èþ$ G¯èþ$²Mö° Mìü §æþ ðþÍí³¯èþ Ñ«§æþ V>
correct response against each item. OMR ç³{èþÐèþ$$ÌZ {ç³ {ç³Ôé² çÜ QÅMæü$ CÐèþÓºyìþ¯èþ ¯éË$Væü$ Ðèþé¢ÌZÏ çÜÆðÿO¯èþ
Example : A B C D {ç³çܵ §æþ¯èþ¯èþ$ çÜ*_ ^óþ Ðèþ颰² »êÌý ´ëÆÿ$$ sý ò³¯þø Mìü §æþ ðþÍí³¯èþ Ñ«§æþ V>
where (C) is the correct response.
ç ³NÇ ^éÍ.
E§éçßýÆæÿ×ý : A B C D
5. Your responses to the items are to be indicated in the OMR Answer
Sheet given to you. If you mark at any place other than in the (C) çÜÆðÿO¯èþ {ç³çܵ §æþ¯èþ AÆÿ$$óþ
circle in the Answer Sheet, it will not be evaluated. 5. {ç³Ôèý²ËMæü$ {ç³çܵ §æþ¯èþ˯èþ$ D {ç³Ôèý²ç³{èþÐèþ$$ø CÐèþÓºyìþ¯èþ OMR ç³{èþÐèþ$$ ò³O¯èþ
6. Read instructions given inside carefully. CÐèþÓºyìþ¯èþ Ðèþé¢ÌZϯóþ ç³NÇ _ Væü$Ç¢ ^éÍ. AÌêM>Mæü çÜÐèþ*«§é¯èþ ç³{èþ ò³O ÐóþÆöMæü ^ør
7. Rough Work is to be done in the end of this booklet. Væü$Ç¢õÜ¢ Ò$ {ç³çܵ §æþ¯èþ Ðèþ$*ÌêÅ Mæü¯èþ ^óþÄæý$ºyæþ§æþ$.
8. If you write your name or put any mark on any part of the OMR 6. {ç³Ôèý² ç³{èþÐèþ$$ ÌZç³Ë C_a¯èþ çÜ*^èþ¯èþ˯èþ$ gê{Væüèþ¢V> ^èþ§æþÐèþ yìþ.
Answer Sheet, except for the space allotted for the relevant 7. _èþ$¢ç³°° {ç³Ôèý²ç³{èþÐèþ$$ _ÐèþÆæÿ C_a¯èþ RêäçܦËÐèþ$$ÌZ ^óþÄæý*Í.
entries, which may disclose your identity, you will render yourself 8. OMR ç³{èþÐèþ$$ ò³O °È~èþ çÜ¦Ë ÌZ çÜ*_ ^èþÐèþËíܯèþ ÑÐèþÆ>Ë$ èþí³µ _ CèþÆæÿ çÜ¦Ë ÌZ
liable to disqualification. Ò$ Væü$Ç¢ ç³#¯èþ$ ðþÍõ³ Ñ«§æþ V> Ò$ õ³Ææÿ$ Æ>Äæý$yæþ V>± Ìôý§é CèþÆæÿ _à²Ë¯èþ$ ò³rtyæþ
9. The candidate must handover the OMR Answer Sheet to the V>± ^óþíܯèþrÏÆÿ$$óþ Ò$ A¯èþÆæÿáèþMæü$ Ò$Æóÿ »ê«§æþ$ÅËÐèþ#éÆæÿ$.
invigilators at the end of the examination compulsorily and
9. ç³Èæü ç³NÆæÿ¢Æÿ$$¯èþ èþÆ>Óèþ Ò$ OMR ç³{é°² èþç³µ°çÜÇV> ç³Èæü ç³ÆæÿÅÐóþæüMæü$yìþMìü CÐéÓÍ.
must not carry it with you outside the Examination Hall. The
candidate is allowed to take away the carbon copy of OMR Ðésìý° ç³Èæü Væü¨ ºÄæý$rMæü$ ¡çÜ$Mæü$ÐðþâæýÏMæü*yæþ§æþ$. ç³Èæü ç³NÆæÿ¢Æÿ$$¯èþ èþÆæÿ$Ðéèþ A¿æýÅÆæÿ$¦Ë$
Sheet and used Question paper booklet at the end of the {ç³Ôèý² ç³{é°², OMR ç³{èþ Äñý$$MæüP M>Ææÿ¾¯þ M>ï³° ¡çÜ$Mæü$ÐðþâæýÏÐèþ^èþ$a.
examination. 10. ±Í/¯èþËÏ Ææÿ Væü$ »êÌý ´ëÆÿ$$ sý ò³¯þ Ðèþ*{èþÐóþ$ Eç³Äñý*W ^éÍ.
10. Use only Blue/Black Ball point pen. 11. ÌêVæüÇ£æþÐþ$ sôýº$ÌýÞ, M>ÅÍMæü$ÅÌôýrÆÿË$, GË[M>t°Mü ç³ÇMæüÆ>Ë$ Ððþ$$§æþËVæü$¯èþÑ ç³ÈæüVæü¨ÌZ
11. Use of any calculator or log table etc., is prohibited. Eç³Äñý*W ^èþyæþ °õÙ«§æþ .
12. There is no negative marks for incorrect answers. 12. èþç³ çÜÐèþ*«§é¯éËMæü$ Ðèþ*Ææÿ$PË èþWY ç³# Ìôý§æþ$.
II 1 A-05-02
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*A0502* ECONOMICS
Æ>AǦMæüÔéçÜÐèþ$$
Paper – II
õ³ç³Æÿ – II
1. The economic rent earned by any factor will 1. H Eè þ µ¢ M>Ææ ÿ Mæ ü Ðð þ $O ¯ é BÇj ^ó þ BǦ M æ ü ¿êrMæ ü Ðè þ $$
be the highest if its elasticity of supply is AèþÅ«¨MæüÐèþ$$V> E yæþÐèþÌñý¯èþ¯èþ² §é° çÜÆæÿçÆ> ÐéÅMø^èþÐèþ$$ H
(A) Equal to one Ñ«§æþ V> E yæþÐèþÌñý¯èþ$ ?
(A) JMæüsìýMìü çÜÐèþ*¯èþÐèþ$$
(B) More than one
(B) JMæüsìý Mæü¯é² GMæü$PÐèþ
(C) Zero (C) Ôèý*¯èþÅÐèþ$$
(D) Infinity (D) A¯èþ èþÐèþ$$
2. The circumstance in which the consumption 2. ÐèþÅMæü$¢Ë Äñý$$MæüP B§éÄæý$ Ýë¦Æÿ$$ èþVæü$Y^èþ$¯èþ²ç³µsìýMîü ÐéÇ
expenditure of individuals does not decline Ñ°Äñý*Væü ÐèþÅÄæý$Ðèþ$$ èþVæüYMæü´ùÐèþ# ç³Çíܦ° H {糿êÐèþ V>
with the decline in their income level is called õ³ÆöP sêÆæÿ$ ?
(A) Æ>^ðþsý {糿êÐèþÐèþ$$
(A) Ratchet Effect
(B) B§éÄæý$ {糿êÐèþÐèþ$$
(B) Income Effect
(C) ÑçÜ¢Ææÿ×ý {糿êÐèþÐèþ$$
(C) Spread Effect
(D) «§æþÆæÿ {糿êÐèþÐèþ$$
(D) Price Effect
3. Among the following accelerator is the ratio 3. {Mìü ¨ Ðé°ÌZ ÐóþVæüèþÓÆæÿ×ýÐèþ$$ H Æðÿ yæþ$ ^èþÌê M>Ë Ðèþ$«§æþÅ
between °çÙµ¢V> ^ðþç³µÐèþ^èþ$a ?
(A) Induced investment and autonomous (A) {õ³Çèþ Ðèþ$ÇÄæý$$ çÜÓÄæý$ {õ³Çèþ ò³r$tºyæþ$Ë$
investment (B) {õ³Çèþ ò³r$tºyìþ Ðèþ$ÇÄæý$$ {´ëÆæÿ ¿æý §æþÔèýÌZ
(B) Induced investment and initial Ñ°Äñý*Væü ÐèþÅÄæý$ Ðèþ*Ææÿ$µË$
change in consumption expenditure (C) B§éÄæý$Ðèþ$$ÌZ Ðèþ*Ææÿ$µ Ðèþ$ÇÄæý$$ {´ëÆæÿ ¿æý §æþÔèýÌZ
(C) Change in income and an initial ò³r$tºyìþÌZ° Ðèþ*Ææÿ$µ
change in investment
(D) B§éÄæý$Ðèþ$$ÌZ Ðèþ*Ææÿ$µ Ðèþ$ÇÄæý$$ {´ëÆæÿ ¿æý §æþÔèýÌZ°
(D) Change in income and an initial
Ñ°Äñý*Væü ÐèþÅÄæý$Ðèþ$$ÌZ Ðèþ*Ææÿ$µ
change in consumption expenditure
4. According to Ricardo’s growth theory 4. ÇM>Æøz Ðèþ¨® íÜ§é® èþ {ç³M>ÆæÿÐèþ$$ çÜ¢º® íܦ H M>Ææÿ×ýÐèþ$$
stationary state is caused by Ðèþ˯èþ HÆæÿµyæþ$¯èþ$ ?
(A) Investment in Agriculture on inferior (A) ¯éíÜÆæÿMæü ¿æý*Ðèþ$$Ëò³O ò³r$tºyìþ ò³r$tr
land (B) èþMæü$PÐèþ Ðóþèþ¯èþÐèþ$$
(B) Low wages (C) èþÄæý*È Ææÿ Væü ÌZ ò³r$tºyìþ ò³r$tr
(C) Investment in manufacturing sector (D) ¿æý*ÝëÓÐèþ$$ËMæü$ ¿êrMæüÐèþ$$ Ðésê èþMæü$PÐèþV>
(D) Low share of rent of landlords E yæþr
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5. Which of the following is an example of 5. {Mìü ¨ Ðé°ÌZ Ñ°Äñý*VæüÐèþ$$ÌZ «§æþ¯éèþÃMæü ºíßýÆæÿYèþÐèþ$$¯èþMæü$
positive externality in consumption ? E§éçßýÆæÿ×ýV> §óþ°° õ³ÆöP¯èþÐèþ^èþ$a¯èþ$ ?
(A) Vaccination of a person with (A) A r$ ÐéÅ«¨{VæüçÜ$¢°Mìü sîýM>
contagious disease
(B) ºÜÌZ íÜVæüÆðÿr$Ï {éVæüyæþ
(B) Smoking cigarette in a bus
(C) ¯èþ*èþ¯èþ Ææÿçßý§éÆæÿ$Ë °Æ>Ã×ýÐèþ$$
(C) Construction of a new highway
(D) Smoke from a chemical factory (D) ÆæÿÝëÄæý$¯èþ ç³Ç{ÔèýÐèþ$ ¯èþ$ yìþ Ðèþ^óþa ´÷Væü
6. Identify the four canons of taxation 6. {Mìü ¨ Ðé° ¯èþ$ yìþ ByæþÐþ$ íÜÃþ {ç³´ë¨ _¯èþ ¯éË$Væü$
advocated by Adam Smith from the
糯èþ$² Ñ«¨ ç³# °Äæý$Ðèþ*˯èþ$ Væü$Ç¢ ç³#Ðèþ$$.
following :
(A) Equality, productivity, certainty, (A) çÜÐèþ*¯èþèþ, E鵧æþMæüèþ, °ÔèýaÄæý$èþ, ÝûË¿æýÅÐèþ$$
convenience
(B) çÜÐèþ*¯èþèþ, °ÔèýaÄæý$èþ, ÝûË¿æýÅÐèþ$$, B§é
(B) Equality, certainty, convenience,
economy (C) çÜÐèþ*¯èþèþ, °ÔèýaÄæý$èþ, ÝûË¿æýÅèþ, ÐéÅMø^èþèþÓèþ
(C) Equality, certainty, simplicity, elasticity
(D) çÜÐèþ*¯èþèþ, ÐéÅMø^èþèþÓèþ, °ÔèýaÄæý$èþ, ÐðþOѧæþÅèþ
(D) Equality, elasticity, certainty, diversity
7. Technological Gap theory is proposed by 7. Ýë MóüMæü ç³Çgêq¯èþ ÑÆ>Ðèþ$ íÜ§é® èþÐèþ$$¯èþ$ Ææÿ*´÷ ¨ _¯èþ
(A) Karvis ÐéÆæÿ$
(B) Linder (A) M>ÈÓÜ
(B) Í yæþÆÿ
(C) Posner
(C) ´ùçܲÆÿ
(D) Vernon (D) ÐðþÆæÿ²¯þ
8. The standard deviation of the sampling 8. {ç³^èþÄæý$¯èþ Ñ¿êf¯éË {MæüÐèþ$Ñ^èþ¯éË$ A¯èþV>
distribution of means is known as
(A) {MæüÐèþ$ §øçÙÐèþ$$
(A) Standard Error
(B) Sampling Error (B) {ç³^èþÄæý$¯èþ §øçÙÐèþ$$
(C) Specification Error (C) °ÆóÿªÕèþ §øçÙÐèþ$$
(D) Probable Error (D) çÜ ¿êÐèþÅèþ §øçÙÐèþ$$
9. If r represents co-efficient of correlation 9. r A¯óþ¨ X Ðèþ$ÇÄæý$$ Y çÜçßýçÜ º «§æþ Væü$×ýMæüÐèþ$$¯èþ$
between X and Y, 1− r 2 is known as ðþÍÄæý$gôýíܯèþrÏÆÿ$$óþ 1− r 2 A¯óþ¨
(A) Co-efficient of variation (A) Ñ^èþÆæÿ×ý Væü$×ýMæüÐèþ$$
(B) Co-efficient of determination (B) °Æ>®ÆæÿMæü Væü$×ýMæüÐèþ$$
(C) Co-efficient alienation (C) ç³Æ>«©¯èþ Væü$×ýMæüÐèþ$$
(D) Co-efficient of association (D) çÜ º «§æþ Væü$×ýMæüÐèþ$$
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10. According to traditional theory of cost 10. çÜ {糧éÄæý$ ÐèþÅÄæý$ íÜ§é® èþÐèþ$$ {ç³M>ÆæÿÐèþ$$ D {Mìü ¨
which of the following statement is correct ? Ðé°ÌZ H¨ çÜÇÄñý$O¯èþ¨ ?
I) The vertical distance between
I) Ððþ$$èþ¢ çÜVæür$ ÐèþÅÄæý$ ÆóÿQ Ðèþ$ÇÄæý$$ çÜVæür$ ^èþÆæÿ
Average Total Cost curve and Average
Variable Cost Curve is equal to
ÐèþÅÄæý$ ÆóÿQË Ðèþ$«§æþÅ °Ë$Ðèþ# §æþ*ÆæÿÐèþ$$ çÜVæür$ íܦÆæÿ
Average Fixed Cost ÐèþÅÄæý$ ÆóÿQMæü$ çÜÐèþ*¯èþÐèþ$$
II) Marginal Cost Curve intersects II) E´ë èþ ÐèþÅÄæý$ ÆóÿQ çÜVæür$ ^èþÆæÿ ÐèþÅÄæý$ ÆóÿQ¯èþ$
Average Variable Cost and Average Q yìþçÜ*¢, çÜVæür$ Ððþ$$èþ¢ ÐèþÅÄæý$ ÆóÿQ¯èþ$ {Mìü ¨
Total Cost curve from below ¯èþ$ yìþ Q yìþ ^èþ$¯èþ$
III) Average Fixed Cost curve is horizontal III) ç Ü Væ ü r$ í Ü ¦ Æ æ ÿ Ðè þ ÅÄæ ý $ Æó ÿ Q ‘X’ Aæ ü Ðè þ $$¯è þ Mæ ü $
to ‘X’ axis çÜÐèþ* èþÆæÿ V> E yæþ$¯èþ$
IV) Average Total Cost and Average IV) çÜVæür$ ^èþÆæÿ ÐèþÅÄæý$ ÆóÿQ Ðèþ$ÇÄæý$$ Ððþ$$èþ¢ çÜVæür$
Variable Cost Curves are ‘U’ shaped ÐèþÅÄæý$ ÆóÿQ ‘U’ BM>Ææÿ ÌZ E yæþ$¯èþ$
Codes : MøyþÞ :
(A) I and II are correct (A) I Ðèþ$ÇÄæý$$ II çÜÇÄñý$O¯èþÑ
(B) I, II and III are correct (B) I, II Ðèþ$ÇÄæý$$ III Ë$ çÜÇÄñý$O¯èþÑ
(C) I, II and IV are correct (C) I, II Ðèþ$ÇÄæý$$ IV Ë$ çÜÇÄñý$O¯èþÑ
(D) I, II, III and IV are correct (D) I, II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
11. How does kinked demand curve analysis 11. Mìü Mü yìþÐèþ* yþ Ðèþ{MæüÆóÿQ ÑÔóýÏçÙ×ý «§æþÆæÿ §æþÉæþèþÓÐèþ$$¯èþ$
help to explain the price rigidity ? The firm ÑÐèþÇ ^èþ$rMæü$ H Ñ«§æþ V> Eç³Äñý*Væüç³yæþ$¯èþ$ ?
will
I) çÜ çܦ Äñý$$MæüP CèþÆæÿ ´ùsîý§éÆæÿ$Ë$ Mæü*yé «§æþÆæÿ¯èþ$
I) Gain only a few additional
consumers from a price reduction
èþWY ^èþyæþ Ðèþ˯èþ A§æþ¯èþ V> Ðèþ$Ç Mö èþ Ðèþ$ ¨
since the firm’s competitors would
Ñ°Äñý*Væü§éÆæÿ$˯èþ$ ´÷ §æþÐèþ^èþ$a¯èþ$
also reduce the price. II) ç Ü ç Ü ¦ Äñ ý $$Mæ ü P ´ùsî ý §éÆæ ÿ$Ë$ « § æ þ Ææ ÿ è þ WY ç ³ #¯è þ $
II) Gain few additional consumers from A¯èþ$çÜÇ ^èþMæü´ùÐèþyæþ Ðèþ˯èþ A§æþ¯èþ V> Ðèþ$Ç Mö èþ
a price reduction since the rivals Ðèþ$ ¨ Ñ°Äñý*Væü§éÆæÿ$˯èþ$ ´÷ §æþÐèþ^èþ$a¯èþ$
would not follow it. III) çÜ çܦ «§æþÆæÿ ò³ _¯èþç³#yæþ$ CèþÆæÿ ´ùsîý çÜ çܦË$ §é°°
III) Lose many consumers if it raises its A¯è þ $ç Ü Ç ^è þ Mæ ü ´ùÐè þ yæ þ Ðè þ ˯è þ Mö è þ Ðè þ $ ¨
price since rivals would not follow it. Ñ°Äñý*Væü§éÆæÿ$˯èþ$ MøÌZµÐèþ^èþ$a
IV) Often find that MR = MC at the same IV) ÐèþÅÄæý*Ë$ ò³ÇW¯èþç³µsìýMîü, E´ë èþ Æ>ºyìþ Ðèþ$ÇÄæý$$
output level even after costs are E´ë èþ ÐèþÅÄæý*Ë$ B Eèþµ¢ Ýë¦Æÿ$$ Ðèþ§æþª èþÆæÿ^èþ*
increased. çÜÐèþ*¯èþÐèþ$$V> E yæþ$¯èþ$.
Which of the above statement is ò³O Ðé°ÌZ H¨ çÜÇÄñý$O¯èþ§ø Væü$Ç¢ ^èþ$Ðèþ$$.
correct ?
Codes : MøyþÞ :
(A) Only I is correct (A) I Ðèþ*{èþÐóþ$ çÜÇÄñý$O¯èþ¨
(B) I and III are correct (B) I Ðèþ$ÇÄæý$$ III çÜÇÄñý$O¯èþÑ
(C) I, III and IV are correct (C) I, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(D) I, II, III and IV are correct (D) I, II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
II 5 A-05-02
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12. Which of the following statements are 12. {Mìü ¨ Ðé°ÌZ H¨ Mîü¯þÞ Ñ°Äñý*Væü çË Ëæü×ýÐèþ$$¯èþ$ MæüÍW
true about the features of Keynesian E¯èþ²¨ ?
Consumption function ? I) Ñ°Äñý*VæüÐèþ$$ B§éÄæý$Ðèþ$$ ò³O B«§éÆæÿç³yìþ E r$ ¨.
I) Consumption depends on income II) E´ë èþ Ñ°Äñý*Væü {ç³Ðèþ¢ JMæüsìý Mæü sôý èþMæü$PÐèþV>¯èþ$,
II) MPC is less than one but greater than Ôèý*¯èþÅÐèþ$$ Mæü sôý GMæü$PÐèþV> E yæþ$¯èþ$
zero III) ò³Ææÿ$Væü$èþ$¯èþ² B§éÄæý$Ðèþ$$ÌZ E´ë èþ Ñ°Äñý*Væü
III) APC falls with the increase in income {ç³Ðèþ¢ îü×ìý ^èþ$¯èþ$
IV) çÜÓ˵M>Ë ÌZ Mæü*yé Ñ°Äñý*Væü çËÐèþ$$ AíܦÆæÿ V>
IV) Consumption function is unstable
even in the short run
E yæþ$¯èþ$
Codes : MøyþÞ :
(A) I only correct (A) I Ðèþ*{èþÐóþ$ çÜÇÄñý$O¯èþ¨
(B) I Ðèþ$ÇÄæý$$ II çÜÇÄñý$O¯èþÑ
(B) I and II are correct
(C) I, II Ðèþ$ÇÄæý$$ III çÜÇÄñý$O¯èþÑ
(C) I, II and III are correct (D) I, II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(D) I, II, III and IV are correct
13. ÐèþÅÐèþÝë¦ ç³NÆæÿÓMæü Ðèþ*Ææÿ$µËMæü$ çÜ º «¨ _¯èþ AÀÐèþ¨®
13. Structural change development models are
associated with
¯èþÐèþ$*¯é {Mìü ¨ ÐéÇÌZ AÀÐèþ¨®ç³Ææÿ_¯èþÐéÆæÿ$
I) BÆæÿ¦Æÿ Ë*Æÿ$*Ü
I) Arthur Lewis
II) gê¯þ òO Ðèþ$ÇÄæý$$ Væü$çÜ¢Ðþ Æ>°Ü
II) John Fei and Gustav Ranis
III) Harrod, Domar III) çßýÆ>yþ, yøÐèþ*Æÿ
IV) Robert Solow IV) Æ>ºÆÿt ÝùÌZ
Codes : MøyþÞ :
(A) I and II correct (A) I Ðèþ$ÇÄæý$$ II çÜÇÄñý$O¯èþÑ
(B) II and IV correct (B) II Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(C) I, II and III correct (C) I, II Ðèþ$ÇÄæý$$ III çÜÇÄñý$O¯èþÑ
(D) II, III and IV correct (D) II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
14. The positive effects of International Trade 14. A èþÆ>j¡Äæý$ ÐèþÆæÿ¢Mæü «§æþ¯éèþÃMæü {糿êÐèþÐèþ$$ H¨ ?
are I) Ðèþ*ÆðÿPrÏ ÑçÜ¢Ææÿ×
I) Widening of markets
II) Ñ°Äñý*Væü ÌZ ò³Ææÿ$Væü$§æþË
II) Increased consumption
III) AÀËçÙ×îýÄæý$ Ðèþ¯èþÆæÿ$Ë Ñ°Äñý*VæüÐèþ$$
III) Optimum allocation of resources
IV) ÐèþçÜ$¢Ðèþ#Ë G í³MæüÌZ A«¨Mæü AÐèþM>ÔéË$
IV) Wider choice of commodities
Codes : MøyþÞ :
(A) I, III and IV are correct (A) I, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(B) I, II and III are correct (B) I, II Ðèþ$ÇÄæý$$ III çÜÇÄñý$O¯èþÑ
(C) II, III and IV are correct (C) II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(D) I, II, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(D) I, II, III and IV are correct
II 6 A-05-02
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15. According to Wiseman and Peacock 15. ÐðþOgýÐèþ$¯þ Ðèþ$ÇÄæý$$ ï³M>Mü {ç³M>ÆæÿÐèþ$$ {糿æý$èþÓ ÐèþÅÄæý$Ðèþ$$ÌZ
public expenditure increases in a ò³Ææÿ$Væü$§æþË H Ñ«§æþÐèþ$$V> ¯èþ$ yæþ$¯èþ$ ?
I) Smooth and continuous manner I) ÝëïV> Ðèþ$ÇÄæý$$ °Ææÿ èþÆ>Äæý$ V>
II) Step-like manner
II) Ýù´ë¯èþ (Ððþ$r$Ï) {MæüÐèþ$ ÌZ
III) Smooth and discontinuous manner
III) ÝëïV> Ðèþ$ÇÄæý$$ AÐé èþÆ>Ëø
Codes :
(A) I only
MøyþÞ :
(A) I Ðèþ*{èþÐóþ$
(B) II only
(B) II Ðèþ*{èþÐóþ$
(C) Both I and II (C) I Ðèþ$ÇÄæý$$ II
(D) III only (D) III Ðèþ*{èþÐóþ$
16. The Stopler-Samuelson theorem analyses 16. Ýëtç³ÏÆÿ & ÔéÐèþ$*ÅËÞ¯þË íÜ§é® èþÐèþ$$ ¨Væü$Ðèþ Ðé°ÌZ §óþ°
the effects of tariffs on ò³O çÜ$ M>Ë {糿êÐèþÐèþ$$¯èþ$ ÑÔóýÏíÙ ^èþ$¯èþ$
I) Production I. Eèþµ¢
II) Consumption II. Ñ°Äñý*VæüÐèþ$$
III) Income distribution III. B§éÄæý$ ç³ í³×îý
IV) Terms of trade IV. ÐèþÆæÿ¢Mæü °º «§æþ¯èþË$
Codes :
MøyþÞ :
(A) I only (A) I Ðèþ*{èþÐóþ$
(B) I and II (B) I Ðèþ$ÇÄæý$$ II
(C) III only (C) III Ðèþ*{èþÐóþ$
(D) III and IV (D) III Ðèþ$ÇÄæý$$ IV
17. Among the following production levels of 17. {Mìü ¨ ç³ rËÌZ §óþ° Eèþµ¢ÌZ 1980 Ðèþ çÜ ÐèþèþÞÆæÿÐèþ$$
which of the crops have not increased after ¯èþ$ yìþ ò³Ææÿ$Væü$§æþË Ìôý§æþ$ ?
1980s.
I) g¯èþ²
I) Jowar
II) Æ>Væü$Ë$
II) Ragi
III) Vø«§æþ$Ðèþ$Ë$
III) Wheat
IV) ÐèþÇ
IV) Rice
Codes : MøyþÞ :
(A) I and II (A) I Ðèþ$ÇÄæý$$ II
(B) II and III (B) II Ðèþ$ÇÄæý$$ III
(C) I and III (C) I Ðèþ$ÇÄæý$$ III
(D) III and IV (D) III Ðèþ$ÇÄæý$$ IV
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18. Two regression lines Y on X and X on Y 18. çÜçßýçÜ º «§æþ Væü$×ýMæü ÑË$Ðèþ G èþ E¯èþ²ç³yæþ$, X ò³O¯èþ Y
will co-incide when correlation co-efficient
Ðèþ$ÇÄæý$$ Y ò³O¯èþ X A¯èþ$ Æðÿ yæþ$ {ç³VæüÐèþ$¯èþ ÆóÿQË$
I) r = 0 ÑίèþÐèþ$Væü$¯èþ$
II) r = – 1 I) r = 0
III) r = +1 II) r = – 1
IV) r = 0.5 III) r = +1
Codes : IV) r = 0.5
(A) III only correct MøyþÞ :
(B) II and III are correct (A) III Ðèþ*{èþÐóþ$ çÜÇÄñý$O¯èþ¨
(B) II Ðèþ$ÇÄæý$$ III çÜÇÄñý$O¯èþÑ
(C) III and IV are correct (C) III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
(D) I, III and IV are correct (D) I, III Ðèþ$ÇÄæý$$ IV çÜÇÄñý$O¯èþÑ
NOTE : The following questions consists of ¯øsý : {Mìü ¨ {ç³Ôèý²Ë$ Æðÿ yæþ$ {ç³´ë§æþ¯èþ˯èþ$ MæüÍW E¯èþ²Ñ.
two: One is known as Assertion (A)
and other is known as Reason (R).
JMæü§é°° {ç³´ë§æþ¯èþ (A) V> Æðÿ yæþÐèþ §é°° (R)
Examine these two statements õßýè þ $Ðè þ #V> õ³ÆöP¯è þ yæ þ fÇW ¨. D
carefully and select the answer to {ç ³ ´ë§æ þ ¯è þ ˯è þ $ ç ³ ÇÖÍ _ {Mì ü ¨ Møy þ Þ¯è þ $
these items using codes given
below : Eç³Äñý*W _ fÐéº$˯èþ$ G í³Mæü ^óþÄæý$$Ðèþ$$.
19. Assertion (A) : The cross elasticity of 19. {ç³´ë§æþ¯èþ (A) : Ððþ*rÆÿ òÜOMìüÌý Ðèþ$ÇÄæý$$ ò³{sZÌý Ë
demand for Motor cycle Ðèþ$«§æþÅ VæüË gêèþÅ èþÆæÿ yìþÐèþ* yþ
and petrol is positive. «§æþ¯éèþÃMæü V> E yæþ$¯èþ$.
Reason (R) : Motor cycle and petrol are õßýèþ$Ðèþ# (R) : Ððþ*rÆÿ òÜOMìüÌý Ðèþ$ÇÄæý$$ ò³{sZÌý ç³NÆæÿMæü
complementary goods.
ÐèþçÜ$¢Ðèþ#Ë$.
Codes :
(A) Both A and R are true and R is the
MøyþÞ :
correct explanation of A (A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ R, A Mæü$
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
(B) Both A and R are true but R is not
the correct explanation of A (B) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ M>° R, A Mæü$
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý M>§æþ$
(C) A is true but R is false
(C) A çÜÇÄñý$O¯èþ§óþ M>° R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false but R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ M>° R çÜÇÄñý$O¯èþ¨
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20. Assertion (A) : According to Keynes 20. {ç³´ë§æþ¯èþ (A) : Mîü¯þÞ {ç³M>ÆæÿÐèþ$$ çÜÓ˵M>ËÐèþ$$ ¯èþ §æþ$
money wage is relatively {§æþÐèþÅ Ðóþèþ¯èþÐèþ$$ Ýëõ³æü çÜÆæÿâæýèþÓÐèþ$$¯èþ$
flexible in the short run. MæüÍW E yæþ$¯èþ$.
Reason (R) : Keynes argues that õßýèþ$Ðèþ# (R) : Mîü¯þÞ {ç³M>ÆæÿÐèþ$$ {ÔéÑ$Mæü$Ë$ {§æþÐèþÅ
workers do not realize
{¿ê ° Væü$Ç¢ ^èþÌôýÆæÿ$.
money illusion.
Codes : MøyþÞ :
(A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ R, A Mæü$ Äñý$$MæüP
(A) Both A and R are correct, R is the
correct explanation for A
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×
(B) A Ðèþ$ÇÄæý$$ B Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ, R, A Mæü$
(B) Both A and R are correct, R is not
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý M>§æþ$
the correct explanation for A
(C) A çÜÇÄñý$O¯èþ¨ M>° R çÜÇÄñý$O¯èþ¨ M>§æþ$
(C) A is correct R is false
(D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ M>° R çÜÇÄñý$O¯èþ¨
(D) A is false R is correct
21. {ç³´ë§æþ¯èþ (A) : ѧóþÖ ^ðþÍÏ ç³#Ë çÜÐèþ$úËÅÐèþ$$¯èþ$
21. Assertion (A) : Monetary policy is
preferred to fiscal policy Ý뫨 ^èþyæþ ÌZ MøÔèý Ñ«§é¯èþÐèþ$$ Mæü¯é²
to achieve external {§æþÐèþÅ Ñ«§é¯èþÐèþ$$ {´ë«§é¯èþÅèþ Mæü˧æþ$.
equilibrium.
õßýèþ$Ðèþ# (R) : {§æþÐèþÅ Ñ«§é¯èþÐèþ$$ ѧóþÖ ^ðþÍÏ ç³#Ë
Reason (R) : Monetary policy acts both
RêéÌZ° ÐèþÆæÿ¢Ðèþ*¯èþ (MæüÆðÿ sý) Ðèþ$ÇÄæý$$
on current and capital
accounts of balance of
Ðèþ$*Ë«§æþ¯èþ RêéËò³O ç³°^óþÄæý$$¯èþ$.
payments. MøyþÞ :
Codes :
(A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ, R, A Mæü$
(A) Both A and R are correct and R is
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
the correct explanation of A
(B) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ M>° R, A
(B) Both A and R are correct, R is not
the correct explanation of A Äñý$$MæüP çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý M>§æþ$
(C) A is true R is false (C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
II 9 A-05-02
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22. Assertion (A) :The determinants of growth
22. {ç³´ë§æþ¯èþ (A) : çßýÆ>yþ Ðèþ¨® ¯èþÐèþ$*¯éÌZ S S( Y)
in Harrod Model are S S ( Y) Ðèþ$ÇÄæý$$ C ⎜⎛ ΔY ⎞⎟ A¯óþÑ
⎛ ΔY ⎞ ⎝ ΔK ⎠
and C ⎜ ⎟. °Æ>~Äæý$Mæü A ÔéË$V>
⎝ ΔK ⎠
õ³ÆöP¯èþºyìþ¯èþÑ.
Reason (R) : Determinants of natural õßýèþ$Ðèþ# (R) : çÜçßýf Ðèþ¨® °Æ>~Äæý$Mæü A ÔéË$V>
growth are growth of
{ÔéÑ$Mæü$Ë Ðèþ¨® Ðèþ$ÇÄæý$$ Ýë MóüMæü
labour force and growth of
Ðèþ§æþ$®Ë¯èþ$ ç³ÇVæü×ìý ^éÆæÿ$.
technical progress.
Codes :
MøyþÞ :
(A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÑ R, A
(A) Both A and B are true, R is the correct Äñý$$MæüP çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
explanation of A
(B) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÑ R, A Mæü$
(B) Both A and B are true, R is not correct
explanation of A çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý M>§æþ$
(C) A is true R is false (C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
23. Assertion (A) : Normally, a government 23. {ç³´ë§æþ¯èþ (A) : Ý뫧éÆæÿ×ýÐèþ$$V> {糿æý$èþÓÐèþ$$
does not repudiate its debt. º$$× ^ðþÍÏ ç³#˯èþ$
ÆæÿçÜPÇ ^èþÌôý§æþ$.
Reason (R) : Repudiation will not shake
the confidence of the õßýèþ$Ðèþ# (R) : º$$×ý ^ðþÍÏ ç³#˯èþ$ ÆæÿçÜPÇ ^èþMæü
creditors. ´ùÐèþyæþ ç³Ææÿ糧éÆæÿ$Ë
Codes : ÑÔèýÓçܱÄæý$èþ¯èþ$ çÜyæþÍ ^èþÌôý§æþ$.
(A) Both A and R true, R is the correct MøyþÞ :
explanation for A (A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÑ R, A Mæü$
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
(B) Both A and R true, R is not the correct
(B) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþÑ R, A Äñý$$MæüP
explanation for A
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ× M>§æþ$ý
(C) A is true, R is false
(C) A çÜÇÄñý$O¯èþ¨ Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false, R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
II 10 A-05-02
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24. Assertion (A) : The budget is both a 24. {ç³´ë§æþ¯èþ (A) : Ðèþ$$ §æþ$, Ððþ¯èþMæü ^èþ*ç³#ø èþÄæý*Ææÿ$
backward and forward ^óþÄæý$ºyìþ¯èþ RêéV> ºyðþjsý ¯èþ$
looking account. ^ðþç³µÐèþ^èþ$a
Reason (R) : The budget contains three
õßýèþ$Ðèþ# (R) : ºyðþjsýÌZ Ðèþ$*yæþ$ ÆæÿM>Ë Væü×ê M>Ë$
types of figures – the
E yæþ$¯èþ$. Væüèþ çÜ ÐèþèþÞÆæÿ ÐéçÜ¢ÑMæü
actuals for the preceding
year, the revised estimates
çÜ QÅË$, ÐèþÆæÿ¢Ðèþ*¯èþ çÜ ÐèþèþÞÆæÿ
of the current year and the çÜÐèþÇ _¯èþ A ^èþ¯éË$ Ðèþ$ÇÄæý$$
budget estimates of the Æ>»ZÄñý$ çÜ ÐèþèþÞÆæÿ ºyðþjsý A ^èþ¯éË$.
following year.
Codes :
MøyþÞ :
(A) Both A and R are correct, R is the (A) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþÑ R,A Äñý$$MæüP çÜÇÄñý$O¯èþ
correct explanation for A
ÑÐèþÆæÿ×
(B) Both A and R are correct, R is not (B) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþÑ R,A Äñý$$MæüP çÜÇÄñý$O¯èþ
the correct explanation for A
ÑÐèþÆæÿ× M>§æþ$ý
(C) A is true R is false (C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
25. Assertion (A) : India’s Foreign Trade was 25. {ç³´ë§æþ¯èþ (A) : 1991 Ðèþ çÜ ÐèþèþÞÆæÿÐèþ$$ ¯èþ$ yìþ ¿êÆæÿèþ§óþÔèý
liberalized in India in 1991. ѧóþÖ Ðé×ìýfÅÐèþ$ §æþ$ çÜÆæÿäMæüÆæÿ×ý
Reason (R) : The then trade policy led to {ç³{MìüÄæý$ {´ëÆæÿ À ^èþºyìþ ¨.
corruption and inefficiency. õßýèþ$Ðèþ# (R) : Aç³µsìý Ðé×ìýfÅ Ñ«§é¯èþÐèþ$$ AѱMìü,
Codes :
AçÜÐèþ$Ææÿ¦èþMæü$ §éÇ¡íÜ ¨.
MøyþÞ :
(A) Both A and R are true, R is the
(A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÑ R, A Mæü$
correct explanation of A
çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
(B) Both A and R are true, R is not the (B) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþÑ R, A Mæü$ çÜÇÄñý$O¯èþ
correct explanation of A ÑÐèþÆæÿ× M>§æþ$ý
(C) A is true R is false (C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true (D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
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26. Assertion (A) : Indian economy emerged 26. {ç³´ë§æþ¯èþ (A) : ¿êÆæÿèþ§óþÔèýÐèþ$$ §æþÓ §æþÓ BǦMæü ÐèþÅÐèþçܦV>
as dualistic economy. Ææÿ*´÷ ¨¯èþ¨.
Reason (R) : Growth with distributive õßýèþ$Ðèþ# (R) : ¿êÆæÿèþ§óþÔèýÐèþ$$¯èþ §æþ$ Ðèþ¨® Ðèþ$ÇÄæý$$
justice is achieved in India. BǦMæü ç³ í³×îýÌZ çÜÐèþ$¯éÅÄæý$Ðèþ$$
Codes : Ý뫨 ^èþºyìþ ¨.
(A) Both A and R are true, R is the MøyþÞ :
correct explanation of A
(A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþ¨ R, A Äñý$$MæüP
(B) Both A and R are true, R is not the çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
correct explanation of A (B) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ R, A Äñý$$MæüP
(C) A is true R is false çÜÇÄñý$O¯èþ ÑÐèþÆæÿ× M>§æþ$ý
(C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true
(D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
27. Assertion (A) : An unbiased random 27. {ç³´ë§æþ¯èþ (A) : ç³æü´ëèþÆæÿíßýèþ Äæý*§æþ_eMæü
sample can portray the {ç³^èþÄæý$¯èþË JMæü f¯é¿êÌZ°
traits of the population. Væü$×ê˯èþ$ ^èþ*í³ ^èþVæü˧æþ$.
Reason (R) : Every population has
characteristic properties
õßýèþ$Ðèþ# (R) : ç ³ ÇÑ$è þ Ñç Ü ¢ ÌZ {ç ³ ¡ f¯é¿ê
with limited variation.
Ëæü×ê˯èþ$ MæüÍW E r$ ¨.
Codes : MøyþÞ :
(A) A is true but R is false (A) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(B) A is false but R is true (B) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
(C) Both A and R are true, R is the (C) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþ¨, R,A Äñý$$MæüP çÜÇÄñý$O¯èþ
correct explanation for A ÑÐèþÆæÿ×ý
(D) Both A and R are true, R is not the (D) A Ðèþ$ÇÄæý$$ R çÜÇÄñý$O¯èþ¨, R,A Äñý$$MæüP çÜÇÄñý$O¯èþ
correct explanation for A ÑÐèþÆæÿ× M>§æþ$ý
NOTE : Sequencing type : (28-36). VæüÐèþ$°Mæü : ÐèþÆæÿçÜ {MæüÐèþ*°Mìü çÜ º «¨ _¯èþ¨ (28-36).
28. Arrange the following economists in the 28. {ç³Äñý*f¯èþ yìþÐèþ* yþ íÜ§é® èþÐèþ$$¯èþ$ Ææÿ*´÷ ¨ _¯èþ
chronological order of their contribution to AÆæÿ¦ÔéçÜÐóþèþ¢Ë¯èþ$ {MæüÐèþ$ 糧æþ®ÌZ AÐèþ$Ææÿ$aÐèþ$$.
cardinal utility theory of demand. I) Ðèþ*ÆæÿÛÌý II) iÐé¯þÞ
I) Marshall II) Jevons III) Ðé{ËÜ IV) V>çܯþ
III) Walras IV) Gassen
MøyþÞ :
Codes :
(A) IV, II, III Ðèþ$ÇÄæý$$ I
(A) IV, II, III and I
(B) IV, III, II Ðèþ$ÇÄæý$$ I
(B) IV, III, II and I
(C) I, IV, II Ðèþ$ÇÄæý$$ III
(C) I, IV, II and III
(D) II, I, IV Ðèþ$ÇÄæý$$ III
(D) II, I, IV and III
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29. Arrange the following in the ascending 29. ÑÑ«§æþ «§æþÆæÿ yìþÐèþ* yþ ÐéÅMø^èþ Væü$×ýMæüÐèþ$$˯èþ$ BÆøçßý×ý
order of the co-efficient of price elasticity {MæüÐèþ*°² çÜ*_ ^óþ Møyþ¯èþ$ G í³Mæü ^óþÄæý$$Ðèþ$$.
of demand.
I) «§æþÆæÿ ÆóÿQ çÜÐèþ* èþÆæÿÐèþ$$V> E¯èþ² yìþÐèþ* yþ ÆóÿQ
I) Demand curve which is parallel to
vertical axis II) ç³ÇÐèþ*×ý ÆóÿQMæü$ çÜÐèþ* èþÆæÿÐèþ$$V> E¯èþ² yìþÐèþ* yþ ÆóÿQ
II) Demand curve which is parallel to III) Ë º A ç³Æ>ÐèþËÄæý$Ðèþ$$ Ææÿ*ç³Ðèþ$$ÌZ E¯èþ² yìþÐèþ* yþ
horizontal axis
ÆóÿQ
III) Demand curve which has the slope of
rectangular hyperbola IV) Ýëõ³æü AÐéÅMø^èþ yìþÐèþ* yþ ÆóÿQ
IV) Demand curve which is relatively in
elastic
MøyþÞ :
Codes : (A) I, III, IV Ðèþ$ÇÄæý$$ II
(A) I, III, IV and II (B) I, IV, III Ðèþ$ÇÄæý$$ II
(B) I, IV, III and II (C) I, II, IV Ðèþ$ÇÄæý$$ III
(C) I, II, IV and III
(D) II, I, III Ðèþ$ÇÄæý$$ IV
(D) II, I, III and IV
30. Arrange the following consumption 30. D {Mìü ¨ Ñ°Äñý*Væü çÌê˯èþ$ Ðésìý Væü$×ýMæü
functions in the decending order of their ÑË$Ðèþ˯èþ¯èþ$çÜÇ _ AÐèþÆøçßý×ý {MæüÐèþ$ ÌZ {ÐéÄæý$$Ðèþ$$.
multiplier value. I) C = 800 + 0.75Y
I) C = 800 + 0.75Y II) C = 500 + 0.5Y
II) C = 500 + 0.5Y III) C = 900 + 0.9Y
IV) C = 100 + 0.25Y
III) C = 900 + 0.9Y
MøyþÞ :
IV) C = 100 + 0.25Y
(A) III, I, II Ðèþ$ÇÄæý$$ IV
Codes : (B) III, II, IV Ðèþ$ÇÄæý$$ I
(A) III, I, II and IV (B) III, II, IV and I (C) II, III, I Ðèþ$ÇÄæý$$ IV
(C) II, III, I and IV (D) II, I, III and IV (D) II, I, III Ðèþ$ÇÄæý$$ IV
31. Identify the measures of development 31. {Mìü §æþ CÐèþÓºyìþ¯èþ Ðé° ¯èþ$ yìþ AÀÐèþ¨® MöËÐèþ*¯èþÐèþ$$˯èþ$
from the following : Væü$Ç¢ ^èþ$Ðèþ$$.
I) Gross National Income I) çÜ*¦Ë gê¡Äæý*§éÄæý$Ðèþ$$
II) Percapita Income II) èþËçÜÇ B§éÄæý$Ðèþ$$
III) Changes in production and III) Eèþµ¢ Ðèþ$ÇÄæý$$ E§øÅWèþËÌZ Ðèþ*Ææÿ$µ
employment
IV) W± Væü$×ýMæüÐèþ$$
IV) Gini co-efficient
Codes : MøyþÞ :
(A) I and II (B) I and III (A) I Ðèþ$ÇÄæý$$ II (B) I Ðèþ$ÇÄæý$$ III
(C) I, II and III (D) II, III and IV (C) I, II Ðèþ$ÇÄæý$$ III (D) II, III Ðèþ$ÇÄæý$$ IV
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32. Arrange the following growth economists 32. {Mìü §æþ CÐèþÓºyìþ¯èþ Ðèþ¨® AÆæÿ¦ÔéçÜ Ðóþèþ¢Ë¯èþ$ ÐéÇ ÐéÇ
in the chronological order of development íÜ§é® éË AÀÐèþ¨® {MæüÐèþ$Ðèþ$$¯èþ$ ºsìýt ÐèþÆæÿ$çÜ{MæüÐèþ$ ÌZ
of their theories. {ÐéÄæý$$Ðèþ$$.
I) Ragnar Nurkse
I) Æ>Væü²Æÿ ¯èþÆÿPüÞ
II) Rosenstein Rodan
II) ÆøòܯþïÜt¯þ Æøyé¯þ
III) Leibenstein
III) Ìñý»ñý¯þïÜt¯þ
IV) Harrod
IV) çßýÆ>yþ
Codes :
(A) II, IV, I and III MøyþÞ :
(B) I, II, III and IV (A) II, IV, I Ðèþ$ÇÄæý$$ III
(C) IV, III, II and I (B) I, II, III Ðèþ$ÇÄæý$$ IV
(D) III, II, I and IV (C) IV, III, II Ðèþ$ÇÄæý$$ I
(D) III, II, I Ðèþ$ÇÄæý$$ IV
33. Arrange the following state taxes in the
ascending order of their revenue 33. ¨Væü$Ðèþ õ³ÆöP¯èþ² Æ>ç٠糯èþ$²Ë¯èþ$ Ðésìý Æ>ºyìþ {´ë«§é¯èþÅèþ
importance. B«§éÆæÿ V> {MæüÐèþ$ 糧æþ®ÌZ AÐèþ$Ææÿ$aÐèþ$$.
I) State Excise Duties I) Æ>çÙ GMðüOÞgý çÜ$ Mæü
II) General Sales tax II) Ý뫧éÆæÿ×ý Ðé×ìýfŠ糯èþ$²
III) Taxes on vehicles III) Ðéçßý¯éËò³O Ñ«¨ ^óþ 糯èþ$²
IV) Stamps and Registration charges IV) Ýët ç³#Ë$ Ðèþ$ÇÄæý$$ Çh[õÜtçÙ¯þ 糯èþ$²Ë$
Codes : MøyþÞ :
(A) IV, III, I and II (A) IV, III, I Ðèþ$ÇÄæý$$ II
(B) IV, III, II and I (B) IV, III, II Ðèþ$ÇÄæý$$ I
(C) I, II, III and IV (C) I, II, III Ðèþ$ÇÄæý$$ IV
(D) I, II, IV and III (D) I, II, IV Ðèþ$ÇÄæý$$ III
34. Arrange the following incidences in the 34. A èþÆ>j¡Äæý$ {§æþÐèþÅ ÐèþÅÐèþçܦÌZ çÜ ¿æýÑ _¯èþ {Mìü ¨
International Monetary System in çÜ ç$r¯èþ˯èþ$ ÐèþÆæÿ$çÜ {MæüÐèþ$ ÌZ AÐèþ$Ææÿ$aÐèþ$$.
chronological order.
I) S.D.R. ˯èþ$ {ç³ÐóþÔèýò³r$tr
I) Introduction of SDRs
II) {»ñýr¯þEyþÞ ÐèþÅÐèþçܦ Ñ_e¯èþ²Ðèþ$$
II) Breakdown of Brettonwoods system
III) íÜÃþÝù°Äæý$¯þ Jyæþ ºyìþMæü
III) Smithsonian Agreement
IV) {ç³Ðèþ$$Q A èþÆ>j¡Äæý$ MæüÆðÿ±Þ˯èþ$ Ðèþ*ÆðÿPsý ç³Ææÿ
IV) Floating of major international ^óþÄæý$yæþ
currencies
Codes : MøyþÞ :
(A) I, II, III and IV (A) I, II, III Ðèþ$ÇÄæý$$ IV
(B) II, III, IV and I (B) II, III, IV Ðèþ$ÇÄæý$$ I
(C) III, IV, I and II (C) III, IV, I Ðèþ$ÇÄæý$$ II
(D) IV, III, II and I (D) IV, III, II Ðèþ$ÇÄæý$$ I
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35. Free International trade takes place under 35. A èþÆ>j¡Äæý$ õÜÓ^ée ÐéÅ´ëÆæÿÐèþ$$ {Mìü ¨ H ç³ÇíܦÌZ
I) Preferential Trading Arrangement çÜ ¿æýÐèþÐèþ$$ ?
II) Free Trade Area I) Ðé×ìýfÅ {´ë«§é¯èþÅé ^èþÆæÿÅË$
II) õÜÓ^ée Ðé×ìýfÅ {´ë èþÐèþ$$
III) Customs Union
III) MæüçÜtÐþ$Þ Äæý$*°Äæý$¯þ
IV) Common Market
IV) M>Ðèþ$¯þ Ðèþ*ÆðÿPsý
Codes :
MøyþÞ :
(A) I, II and III
(A) I, II Ðèþ$ÇÄæý$$ III
(B) II, III and IV (B) II, III Ðèþ$ÇÄæý$$ IV
(C) I, III and IV (C) I, III, Ðèþ$ÇÄæý$$ IV
(D) I and II (D) I Ðèþ$ÇÄæý$$ II
36. Arrange the steps in order to test the 36. f¯é¿ê {ç³VæüÐèþ$¯èþ Væü×ýMæü ÝëÆæÿ¦Mæüèþ¯èþ$ ç³Èìü ^èþr ÌZ°
significance of the population regression Ýù´ë¯é˯èþ$ ÐèþÆæÿ$çÜ{MæüÐèþ$ ÌZ AÐèþ$Ææÿ$aÐèþ$$.
coefficient.
I) ÝëÓèþ {èþÅ ç³Ç«¨ÌZ ç³È> Ýë QÅMæü ÑË$Ðèþ¯èþ$
I) Compute the test statistic value with Væü×ìý ^èþyæþ
degrees of freedom
II) ÌñýMìüP _¯èþ ÑË$Ðèþ¯èþ$ MìüÏçÙt ÑË$Ðèþø ´ùËayæþ
II) Compare the calculated value with the
III) {ç³^èþÄæý$¯èþ {ç³VæüÐèþ$¯èþ Væü$×ýM>°² §é° {MæüÐèþ$ §øÚë°²
critical value
ÌñýMìüP ^èþyæþ
III) Calculate the sample regression
IV) ç³È> çÍé°² °Æ>®Ç ^èþyæþ
coefficient and its standard error
IV) Arrive at the test result MøyþÞ :
Codes : (A) I, II, III, IV
(A) I, II, III, IV
(B) I, III, II, IV
(B) I, III, II, IV
(C) III, I, II, IV
(C) III, I, II, IV
(D) III, II, I, IV
(D) III, II, I, IV
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NOTE : Match List-I with List-II and select the VæüÐèþ$°Mæü : Æðÿ yæþ$ gê¼éËÌZ ÑÑ«§æþ A ÔéË$ CÐèþÓºyézÆÿ$$,
correct answer from the codes given Ððþ$$§æþsìý gê¼éÌZ° A Ôé˯èþ$ Æðÿ yø gê¼éÌZ°
below : A ÔéËø fèþç³Ææÿ^èþ$Ðèþ$$
37. List – I List – II 37. gê¼é – I gê¼é – II
a. Perfect competition 1. Collusion of firms (Ðèþ*ÆðÿPsý çÜÓÆæÿ*ç³Ðèþ$$) (ç³ÆæÿÅÐèþÝë¯èþÐèþ$$)
b. Monopoly 2. Excess capacity a. ç³Çç³NÆæÿ~ ´ùsîý Ðèþ*ÆðÿPsý 1. Mæü${rç³NÇèþ
c. Monopolistic ç³Ç{ÔèýÐèþ$ËMæüËÆÿ$$Mæü
3. Uniform price
competition b. HMæüÝëÓÐèþ$ÅÐèþ$$ 2. A«¨Mæü ÝëÐèþ$Ææÿ¦üÅÐèþ$$
d. Oligopoly 4. Blocked entry c. HMæüÝëÓçÐèþ$Å ´ùsîý Ðèþ*ÆðÿPsý 3. HMîüMæüèþ «§æþÆæÿ
d. ç³ÇÑ$èþ ÝëÓÐèþ$ÅÐèþ$$ 4. «{ç³ÐóþÔèý °Æø«§æþÐèþ$$
Codes :
a b c d MøyþÞ :
a b c d
(A) 2 4 3 1
(A) 2 4 3 1
(B) 3 4 2 1
(B) 3 4 2 1
(C) 3 1 2 4
(C) 3 1 2 4
(D) 2 1 3 4
(D) 2 1 3 4
38. Match the following : 38. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II gê¼é – I gê¼é – II
(Consumption Function (c) Equilibrium (Ñ°Äñý*Væü çËÐèþ$$ (c) (çÜÐèþ$úËÅ
Investment Level National ò³r$tºyìþ Ýë¦Æÿ$$) gê¡Äæý*§éÄæý$Ðèþ$$)
Income
a. C = 200+0.8y Ðèþ$ÇÄæý$$ I = 500 1. 4,000
a. C = 200+0.8y and I = 500 1. 4,000
b. C = 200+0.9y Ðèþ$ÇÄæý$$ I = 600 2. 4,400
b. C = 200+0.9y and I = 600 2. 4,400
c. C = 100+0.75y Ðèþ$ÇÄæý$$ I = 1000 3. 3,500
c. C = 100+0.75y and I = 1000 3. 3,500
d. C = 1000+0.5y Ðèþ$ÇÄæý$$ I = 1000 4. 8,000
d. C = 1000+0.5y and I = 1000 4. 8,000
MøyþÞ :
Codes :
a b c d
a b c d
(A) 4 3 2 1
(A) 4 3 2 1
(B) 3 2 1 4
(B) 3 2 1 4
(C) 4 3 1 2
(C) 4 3 1 2
(D) 3 4 2 1
(D) 3 4 2 1
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39. Match the following : 39. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II
gê¼é – I gê¼é – II
a. Harrod-Domar Model 1. Input-output
a. çßýÆ>yþ&yøÐèþ*Æÿ ¯èþÐèþ$*¯é 1. Eèþµ¢&E鵧æþM>Ë
Model
b. Mahalonabis Model 2. Shadow ÑÔóýÏçÙ×ý
price b. Ðèþ$çßýÌê¯ø¼Ü ¯èþÐèþ$*¯é 2. béÄæý* «§æþÆæÿË$
c. Leontif Model 3. One sector c. ÍÄñý* sìý ¯èþÐèþ$*¯é 3. HMæü Ææÿ Væü ÑÔóýÏçÙ×ý
analysis
d. ÐèþÅÄæý$ Ìê¿æý ÑÔóýÏçÙ×ý 4. Æðÿ yæþ$ Ææÿ V>Ë ÑÔóýçÏÙ×ý
d. Cost-Benefit analysis 4. Two sector
analysis MøyþÞ :
Codes : a b c d
a b c d
(A) 3 4 1 2
(A) 3 4 1 2
(B) 4 3 2 1 (B) 4 3 2 1
(C) 1 2 3 4 (C) 1 2 3 4
(D) 1 4 3 2 (D) 1 4 3 2
40. Match the following : 40. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II
gê¼é – I gê¼é – II
a. Adam Smith 1. Balanced budget
a. ByæþÐþ$ íÜÃþ 1. çÜ èþ$Íèþ ºyðþjsý Væü$×ýMæüÐèþ$$
multiplier
b. ï³rÆÿ G. òOÆÿ 2. çÜ èþ$Íèþ ºyðþjsý
b. Peter A. Phyrr 2. Balanced budget
c. gñý. GÐþ$. Mîü¯þÞ 3. Ôèý*¯èþÅ B«§éÇèþ ºyðþjsý
c. J.M. Keynes 3. Zero based
budget d. {sìýVóüÓ àÐðþÌZà 4. AçÜ èþ$Íèþ ºyðþjsý
d. Treggve Haavelmo 4. Unbalanced MøyþÞ :
budget
a b c d
Codes :
(A) 1 2 3 4
a b c d
(A) 1 2 3 4 (B) 4 3 2 1
(B) 4 3 2 1
(C) 2 3 4 1
(C) 2 3 4 1
(D) 3 4 1 2
(D) 3 4 1 2
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41. Match the following : 41. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II gê¼é – I gê¼é – II
a. Availability theory 1. Vernon a. Ë¿æýÅé íÜ§é® èþÐèþ$$ 1. ÐðþÆæÿ²¯þ
b. Product cycle theory 2. Kranis b. ÐèþçÜ$¢ ^èþ{Mæü íÜ§é® èþÐèþ$$ 2. {Móü°Ü
c. Preference similarity 3. Posner c. {´ë«§é¯èþÅèþ ÝëÐèþ$Åé íÜ§é® èþÐèþ$$þ 3. ´ùçܲÆÿ
theory d. A¯èþ$MæüÆæÿ×ý ÑÆ>Ðèþ$ íÜ§é® èþÐèþ$$ 4. Í yæþÆÿ
d. Imitation gap theory 4. Linder
MøyþÞ :
Codes : a b c d
a b c d (A) 1 4 2 3
(A) 1 4 2 3 (B) 2 3 1 4
(B) 2 3 1 4
(C) 2 1 4 3
(C) 2 1 4 3
(D) 4 1 3 2 (D) 4 1 3 2
42. Which one of the following is not correctly 42. {Mìüü ¨ ÐésìýÌZ H¨ çÜÇV> fèþç³Ææÿ^èþºyæþÌôý§ø Væü$Ç¢ ^èþ$Ðèþ$$ ?
matched ?
(A) ASEAN : 1967
(A) ASEAN : 1967
(B) NAFTA : 1994
(B) NAFTA : 1994
(C) EEC : 1957
(C) EEC : 1957
(D) SAARC : 1975 (D) SAARC : 1975
43. Match the following : 43. {Mìü ¨ Ðésìý° fèþç³Ææÿ$^èþ$Ðèþ$$.
List – I List – II gê¼é – I gê¼é – II
a. Lead Bank Scheme 1. 1969
a. Îyþ »êÅ Mæü$ ç³£æþMæüÐèþ$$ 1. 1969
b. Service Area Approach 2. 1987
b. õÜÐé{´ë èþ Ñ«§é¯èþÐèþ$$ 2. 1987
c. Regional Rural Banks 3. 1975
c. {´ë ¡Äæý$ {V>Ò$×ý »êÅ Mæü$ 3. 1975
d. NABARD 4. 1982
d. ¯èþ»êÆÿz (NABARD) 4. 1982
Codes :
MøyþÞ :
a b c d
a b c d
(A) 1 2 3 4
(A) 1 2 3 4
(B) 2 3 4 1
(B) 2 3 4 1
(C) 3 2 1 4
(C) 3 2 1 4
(D) 4 1 2 3 (D) 4 1 2 3
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44. Match the following : 44. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II gê¼é – I gê¼é – II
a. Binomial distribution 1. Laplace a. ¨Ó糧æþ Ñ¿êf¯èþÐèþ$$ 1. Ìêõ³ÏÜ
b. Normal curve 2. R.A. Fisher b. Ý뫧éÆæÿ×ý Ðèþ{MæüÆóÿQ 2. R.A. íçÙÆÿ
c. ANOVA 3. Pascal c. ANOVA 3. ´ëçÜPÌý
d. çÜ ¿êÐèþÅèþ 4. Mðü. G. V>Ü
d. Probability 4. K.F. Gauss
Codes :
MøyþÞ :
a b c d a b c d
(A) 1 2 3 4 (A) 1 2 3 4
(B) 4 3 1 2 (B) 4 3 1 2
(C) 3 4 2 1 (C) 3 4 2 1
(D) 2 1 4 3 (D) 2 1 4 3
45. Match the following : 45. fèþç³Ææÿ^èþ$Ðèþ$$.
List – I List – II gê¼é – I gê¼é – II
a. P (Type I Error) 1. Rejecting a true a. P (I Ðèþ ÆæÿMæü §øçÙÐèþ$$) 1. ÐéçÜ¢Ðèþ ç³ÇMæü˵¯èþ¯èþ$
hypothesis
ÆæÿçÜPÇ ^èþyæþ
b. 1-P (Type II Error) 2. Not rejecting a
false hypothesis b. 1-P (II Ðèþ ÆæÿMæü §øçÙÐèþ$$) 2. çÜÇM>° ç³ÇMæü˵¯èþ¯èþ$
c. 1-P (Type I Error) 3. Level of ÆæÿçÜPÇ ^èþMæü ´ùÐèþyæþ
significance
c. 1-P (I Ðèþ ÆæÿMæü §øçÙÐèþ$$) 3. {´ëÐèþ$$QÅèþ Ýë¦Æÿ$$
d. Type II error 4. Power of the test
5. Level of d. II Ðèþ ÆæÿMæü §øçÙÐèþ$$ 4. ç³Èæü ÔèýMìü¢
confidence 5. ÑÔèýÓçܱÄæý$èþ ÔèýMìü¢
Codes : MøyþÞ :
a b c d a b c d
(A) 5 3 4 1 (A) 5 3 4 1
(B) 3 4 5 2 (B) 3 4 5 2
(C) 5 4 3 2 (C) 5 4 3 2
(D) 4 3 5 1 (D) 4 3 5 1
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Read the passage and write answers for D ¨Væü$Ðèþ °ÐèþÓºyìþ¯èþ ÐéÅçÜÐèþ$$¯èþ$ ^èþ¨Ñ (46 & 50) {ç³Ôèý²ËMæü$
Q. No. 46 to 50. çÜÐèþ*«§é¯éÍÐèþ$$à :
Reviving investment, essential for growth of ¿êÆæÿèþ§óþÔèý ©ÆæÿM>ÍMæü Ðèþ¨®° Ððþ$Ææÿ$Væü$ç³Ææÿ^èþyé°Mìü, ò³rt$ºyæþ$Ë
jobs and income, requires a three-pronged ç³#¯èþÆæÿ$§æþ®Ææÿ×ý, B§éÄæý$, E§øÅWèþ Ðèþ¨® AÐèþçÜÆæÿÐèþ$$ ; C §æþ$Mæü$
approach that works through improving V>¯èþ$ {Ðèþ$$Q ÐèþNÅçßýÐèþ$$¯èþ$ A¯èþ$çÜÇ ^èþÐèþËíÜÄæý$$¯èþ²¨. A §æþ$Mæü$
India’s long-term growth prospects. First {§æþÐøÅ˾×ýÐèþ$$¯èþ$ A˵Ýë¦Æÿ$$ÌZ E ^èþ$rMæü$V>¯èþ$ Ððþ$$§æþrV> {§æþÐèþÅ
government must ensure low inflation by Ñ«§é¯èþÐèþ$$, MøÔèý HMîüMæüÆæÿ×ý Ðèþ$ÇÄæý$$ BàÆæÿ Ðèþ*ÆðÿPsý çÜ çÜPÆæÿ×ýË$
putting in place a framework for monetary AÐèþ$Ë$ç³Ææÿ^èþÐèþËíÜ E¯èþ²¨. A§óþ Ñ«§æþ V> Æðÿ yæþÐèþ Ðèþ$$QÅÐðþ$O¯èþ¨,
policy, fiscal consolidation, and food market {糿æý$èþÓ Ñèþ¢ °ÆæÿÓçßý×ý ÝëÐèþ$Æ>¦üÅ°² ò³ ´÷ ¨ ^èþ$rMæü$ AÐèþçÜÆæÿÐðþ$O¯èþ
reforms. Second, it must put public finances ÐèþÅÄæý*°² 糯èþ$²ËÑ«§é¯é°² AÐèþ$Ë$ ^óþÄæý$ÐèþËíÜ E ¨. 糯èþ$²Ë
on a sustainable path through tax and çÜ çÜPÆæÿ×ýË$ {糫§é¯èþ V> Ý뫧éÆæÿ×ý õÜÐé 糯èþ$² (GST) {ç³èþÅæü
expenditure reform. Tax reform requires a 糯èþ$²Ë °º «§æþ¯éÐèþã° Ææÿ*´÷ ¨ ^èþyæþ ø »êr$ 糯èþ$²Ë
GST, DTC, and more predictable tax ç³Ç´ë˯é Ñ«§é¯èþÐèþ$$¯èþ$ çÜÆæÿâæýèþÆæÿ ^óþÄæý$ÐèþËíÜ E ¨. ÐèþÅÄæý$
administration. Expenditure reforms must çÜ çÜPÆæÿ×ýË$ {糫§é¯èþ V> {ç³gêÐèþçÜ$¢Ðèþ#Ë$, çܼÞyîþ ç³£æþM>ËMæü$ Möèþ¢
focus on public goods, new designs for Ææÿ*ç³Ðèþ$$¯èþ$ CçÜ*¢, ÐèþÅÐèþçܦÌZ Ðèþ$Ç èþ »ê«§æþÅéÄæý$$èþéÓ°²
subsidy programmes, and mechanisms for ò³ ´÷ ¨ ^èþÐèþËíÜ E¯èþ²¨. ¿êÆæÿèþ§óþÔèý Ðèþ*ÆðÿPsý ÐèþÅÐèþçܦ¯èþ$
accountability. India requires the legal and ç³sìýçÙxç³Ææÿ^èþ$rMðüO ^èþrtç³ÆæÿÐðþ$O¯èþ, {MæüÐèþ$º©ªMæüÆæÿ×ý ÐèþÅÐèþçܦ˯èþ$
regulatory frameworks for a market economy. Ææÿ*´÷ ¨ ^èþÐèþËíÜ Äæý$$¯èþ²¨. D A ÔéË AÐèþ$Ë$MðüO ´ëèþ
This requires repealing the old legacy laws ^èþsêt˯èþ$, {Möèþ¢ Ðésìýø ç³NÇ ^èþÐèþËíÜ E¯èþ²¨. A óþV>Mæü$ yé
and creating state capacity to address market Ðèþ*ÆðÿPsý ÐðþOçÌêÅ˯èþ$ A«¨VæüÑ$ ^èþyé°Mìü {糿æý$èþÓ ÝëÐèþ$Ææÿ¦üÅÐèþ$$¯èþ$
failures. [Economic Survey: 2013-14, P. 29]. ò³ ^èþÐèþËíÜÄæý$$¯èþ²¨.
46. The immediate method of creating [Economic Survey: 2013-14, P. 29].
additional employment in Indian 46. ¿êÆæÿèþ BǦMæü ÐèþÅÐèþçܦÌZ A§æþ¯èþç³# E§øÅVæü Mæü˵¯èþMæü$ M>ÐèþËíܯèþ
Economy is
èþæü×ý A ÔèýÐèþ$$
(A) Ensuring low inflation
(A) {§æþÐøÅËÂ×ýÐèþ$$ èþMæü$PÐèþV> E yóþrr$Ï ^èþ*yæþr
(B) Lowering interest rates
(B) Ðèþyîþz Æóÿrϯèþ$ èþWY ^èþyæþ
(C) Additional Government spending
(C) A§æþ¯èþç³# {糿æý$èþÓ QÆæÿ$a
(B) Raising investment
(D) ò³r$tºyìþ° ò³ ^èþyæþ
47. Identify the important three-pronged 47. ¿êÆæÿèþ BǦMæü ÐèþÅÐèþçܦÌZ ò³r$tºyæþ$Ë ç³#¯èþÆæÿ$§æþ®Ææÿ×ýMðüO
strategies for reviving the investment in A¯èþ$çÜÇ ^éÍÞ¯èþ Ðèþ$*yæþ$ {糫§é¯èþ ÐèþNÅçßýÌôýÑ$sìý ?
Indian Economy.
I) A˵{§æþÐøÅ˾×
I) Low inflation
ý II) 糯èþ$²Ë$, Ðèþ$ÇÄæý$$ ÐèþÅÄæý$ çÜ çÜPÆæÿ×ýË$
II) Tax and expenditure reforms
III) Overcoming market failures III) Ðèþ*ÆðÿPsý ÐðþOçÌêÅ˯èþ$ A«¨VæüÑ$ ^èþyæþ
IV) Reform of Legal and Regulatory frame IV) ^èþrtç³ÆæÿÐðþ$O¯èþ Ðèþ$ÇÄæý$$ {Mæü Ðèþ$º©ªMæü Ææÿ×ý ÐèþÅÐèþçܦ
works çÜ çÜPÆæÿ×ýË$
V) Introduction of GST and DTC V) Ý뫧éÆæÿ×ý õÜÐé 糯èþ$² (GST) Ðèþ$ÇÄæý$$ {ç³èþÅæü
Codes : 糯èþ$²Ë °º «§æþ¯éÐèþã° (DTC) {ç³ÐóþÔèý ò³r$tr
(A) I, II, III
(B) II, III, IV
MøyþÞ :
(C) I, II, IV (A) I, II, III (B) II, III, IV
(D) III, IV, V (C) I, II, IV (D) III, IV, V
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48. Assertion (A) : Food inflation is high in 48. {ç³´ë§æþ¯èþ (A) : ¿êÆæÿèþ§óþÔèýÐèþ$$ÌZ BàÆæÿ {§æþÐøËÂ×ýÐèþ$$
India. A«¨MæüÐèþ$$V> E¯èþ²¨.
Reason (R) : The Government has not õßýèþ$Ðèþ# (R) : {糿æý$èþÓÐèþ$$ BàÆæÿ Ðèþ*ÆðÿPrÏ
yet introduced reforms in
food market.
çÜ çÜPÆæÿ×ý˯èþ$ Cç³µsìý ÐèþÆæÿMæü$
Codes :
{ç³ÐóþÔèýò³rtÌôý§æþ$.
(A) Both A and R are true and R is the MøyþÞ :
correct explanation of A (A) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ, R, A Äñý$$MæüP
(B) Both A and R are true, but R is not çÜÇÄñý$O¯èþ ÑÐèþÆæÿ×ý
the correct explanation of A (B) A Ðèþ$ÇÄæý$$ R Æðÿ yæþ* çÜÇÄñý$O¯èþÐóþ, R, A Äñý$$MæüP
(C) A is true R is false çÜÇÄñý$O¯èþ ÑÐèþÆæÿ× M>§æþ$ý
(C) A çÜÇÄñý$O¯èþ¨ R çÜÇÄñý$O¯èþ¨ M>§æþ$
(D) A is false R is true
(D) A çÜÇÄñý$O¯èþ¨ M>§æþ$ R çÜÇÄñý$O¯èþ¨
49. Low inflation rate can be ensured in the 49. èþMæü$PÐèþ {§æþÐøÅ˾×ê°² Ý뫨 ^èþyé°Mìü M>ÐèþËíܯèþ ^èþÆæÿÅË$
economy by I) Ðèþyîþz Æóÿr$¯èþ$ ò³ ^èþ$r
I) Increasing rate of interest
ý II) çÐèþyîþz Æóÿr$¯èþ$ èþWY ^èþyæþ
II) Decreasing rate of interest III) {糿æý$èþÓ ÐèþÅÄæý$Ðèþ$$¯èþ$ ò³ ^èþyæþ
III) Increasing Government expenditure IV) {糿æý$èþÓ ÐèþÅÄæý$Ðèþ$$¯èþ$ èþWY ^èþyæþ
IV) Decreasing Government expenditure
MøyþÞ :
Codes :
(A) I Ðèþ$ÇÄæý$$ II
(A) I and II
(B) II Ðèþ$ÇÄæý$$ III
(B) II and III
(C) III and IV (C) III Ðèþ$ÇÄæý$$ IV
(D) I and IV (D) I Ðèþ$ÇÄæý$$ IV
50. Expenditure reforms do not imply 50. {Mìü ¨ Ðé°ÌZ ÐèþÅÄæý$ çÜ çÜPÆæÿ×ýËMæü$ ÐèþÇ¢ ^èþ°¨ H¨ ?
(A) Provision of more public goods (A) A«¨Mæü {ç³gê ÐèþçÜ$¢Ðèþ#Ë Mæü˵¯èþ
(B) Increasing subsidy (B) çܼÞyîþ˯èþ$ ò³ ^èþyæþ
(C) Decreasing subsidy (C) çܼÞyîþ˯èþ$ èþWY ^èþyæþ
(D) Ensuring accountability (D) »ê«§æþÅéÄæý$$èþ¯èþ$ Ý뫨 ^èþyæþ
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Source: Telangana State Eligibility Test. Question paper published by Telangana State Eligibility Test.