1. PAPER-II
ECONOMICS
Signature and Name of Invigilator
1. (Signature) __________________________
OMR Sheet No. : ...............................................
(To be filled by the Candidate)
(Name) ____________________________
Roll No.
2. (Signature) __________________________
(In figures as per admission card)
(Name) ____________________________
01
J
Roll No.________________________________
(In words)
1 3
1
Time : 1 /4 hours]
[Maximum Marks : 100
Number of Pages in this Booklet : 16
Instructions for the Candidates
Number of Questions in this Booklet : 50
¯Ö¸üßõÖÖÙ£ÖμÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖμÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßμÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖμÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פüμÖê •ÖÖμÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿μÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ¯Öã×ßÖÛúÖ ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö Ûúß ÃÖᯙ /
¯ÖÖê×»Ö£Öß®Ö ²ÖîÝÖ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô μÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ /
ײ֮ÖÖ ¯ÖÖê×»Ö£Öß®Ö ²ÖîÝÖ Ûúß ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓÜμÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú μÖê ¯Öæ¸êü
Æïü … ¤üÖÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë μÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ê
ÝÖμÖê ÆüÖë μÖÖ ÃÖß׸üμÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖμÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüμÖê •ÖÖμÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖμÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´ÖμÖ ×¤üμÖÖ •ÖÖμÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓÜμÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸμÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüμÖê
ÝÖμÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü
•ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖμÖÖ ÝÖμÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûú (C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פüμÖê ÝÖμÖê OMR ¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … μÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פüμÖê ÝÖμÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †®μÖ Ã£ÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Öæ»μÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פüμÖê ÝÖμÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬μÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. μÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®ÖμÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü μÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖÏμÖÖêÝÖ Ûú¸üŸÖê Æïü, μÖÖ ÛúÖê‡Ô
†®μÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖÏμÖÖêÝÖ Ûú¸üŸÖê Æïü, ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»ÖμÖê †μÖÖêÝμÖ
‘ÖÖê×ÂÖŸÖ ×ÛúμÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ´Öæ»Ö OMR ¯Ö¡ÖÛú ×®Ö¸üßõÖÛú ´ÖÆüÖê¤üμÖ ÛúÖê
»ÖÖî™üÖ®ÖÖ †Ö¾Ö¿μÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö
¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖμÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ü
OMR ¯Ö¡ÖÛú Ûúß ›ãü¯»ÖßÛêú™ü ¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ ÃÖÛúŸÖê Æïü …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) μÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖÏμÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of
questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off
the paper seal / polythene bag on the booklet. Do not
accept a booklet without sticker-seal / without
polythene bag and do not accept an open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the
Question Booklet will be replaced nor any extra
time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). You have to darken the circle as indicated below
on the correct response against each item.
Example :
where (C) is the correct response.
5. Your responses to the items are to be indicated in the OMR
Sheet given inside the Paper I Booklet only. If you mark
at any place other than in the circle in the OMR Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or
put any mark on any part of the OMR Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to
disqualification.
9. You have to return the original OMR Sheet to the invigilators
at the end of the examination compulsorily and must not
carry it with you outside the Examination Hall. You are
however, allowed to carry duplicate copy of OMR Sheet on
conclusion of examination.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
J-01-13
1
P.T.O.
2. ECONOMICS
Paper – II
Note : This paper contains fifty (50) objective type questions of two (2) marks each. All
questions are compulsory.
1.
2.
5.
3.
Assertion (A) : Monopoly is Pareto
inefficient.
Reason (R) : It would be possible to
change the allocation of
resources to make the amount
of income he would be
prepared to pay in exchange of
the reduction in price.
Codes :
(A) Both (A) and (R) are correct
and (R) is the correct
explanation of (A).
(B) (A) is correct, but (R) is not
correct.
(C) Both (A) and (R) are correct,
but (R) is incorrect explanation
of (A).
(D) (R) is correct, but (A) is
incorrect.
At the point of tangency between
short- run average total cost and longrun average cost, the short-run
marginal cost
(A) greater than long-run marginal
cost
(B) less than long-run marginal
cost
(C) is far above long-run marginal
cost
(D) equals long-run marginal cost
The distinguishing characteristics of
monopolistic competition are
I.
Product differentiation
II. Non-price competition
III. Large number of firms and
freedom to entry and exit
IV. Firms are interdependent
Codes :
(A) I & III are correct.
(B) I, II and IV are correct.
(C) I, II and III are correct.
(D) I, III and IV are correct.
4.
Match the items in the List – I with
items in List – II. Select the correct
answer from the code given below :
List – I
List – II
I. Agency
1. O.E. Williamson
Theory of
Firm
II. X2. M.C. Jensen and
inefficiency
W.J. Meckling
III. The Utility
3. Wilfredo Pareto
Maximisation
Model
IV. Edgeworth
4. Harvey
box diagram
Leibenstein
first used by
Codes :
I
II III IV
(A) 3
2
1
4
(B) 2
4
1
3
(C) 2
3
4
1
(D) 3
4
1
2
7.
As long as the substitution effect
dominates the income effect, the
labour supply curve is
(A) negatively sloped
(B) positively sloped
(C) bend backward
(D) shifting towards left
If MPL/MPK does not change with
any proportionate change in labour
and capital then the production
function is
(A) Linear
(B) Non-linear
(C) Homogeneous
(D) Homothetic
6.
Under Cournot Model of Duopoly,
each duopolist will produce
(A) half the output
(B) one-fourth of the output
(C) one-sixth of the output
(D) one-third of the total output
Paper-II
2
J-01-13
4. 8.
The equilibrium in a market is
incomplete with increasing returns to
scale only in the case of
(A) imperfectly competitive market
(B) monopolistic market
(C) perfectly competitive market
(D) none of the above
9.
If 1 = Involuntary unemployment;
2 = Disguised unemployment;
3 = Frictional unemployment; and
4 = Structural unemployment, then
full employment is consistent with
(A) 1 & 2
(B) 2 & 3
(C) 3 & 4
(D) 1 & 4
10.
In Keynes’ equation of absolute
income hypothesis, C = α0 + by,
where C = Consumption expenditure;
α0 = Consumption expenditure when
income (y) is zero; and b = Marginal
Propensity to Consume (MPC), then
which of the following statements is
false ?
(A) MPC is independent of the
level of income.
(B) MPC is dependent on the level
of income.
(C) APC falls as income rises.
(D) APC > MPC.
11.
12.
13.
Paper-II
4
Assertion (A) : In liquidity trap, the
demand for money is perfectly
interest elastic.
Reason (R) : Because in this
situation, all the investors
expect the market rate of
interest to rise towards the
natural rate of interest.
Codes :
(A) (A) and (R) both are correct
and (R) is the correct
explanation of (A).
(B) (A) and (R) both are correct,
but (R) is not the correct
explanation of (A).
(C) (A) is correct, but (R) is
incorrect.
(D) Both (A) and (R) are incorrect.
14.
Which of the following statements is
false ?
(A) The balanced budget multiplier
is unity when taxes are lump
sum taxes.
(B) The balanced budget multiplier
is less than unity when taxes
are ad valorem taxes.
(C) Tax multiplier is less than
government
expenditure
multiplier.
(D) Tax multiplier is more than
government
expenditure
multiplier.
Match the theory/criterion of
investment determination as given
below in List – II with their
propounders given below in List – I :
List – I
List – II
I. Dale
a. Q-Theory
Jorgenson
II. J.M. Keynes b. Neo-classical
Theory
III. James Cohin c. Accelerator
Theory
IV. James Clark d. Present Value
Criterion
Codes :
I
II III IV
(A) a
d
b
c
(B) b
d
a
c
(C)
c
d
a
b
(D) c
a
d
b
The rate of net investment spending
per time period depends on steepness
of the downword slope of
(A) Marginal
efficiency
of
Investment Schedule
(B) Marginal efficiency of Capital
Schedule
(C) LM-Schedule
(D) IS-Schedule
J-01-13
6. 15.
Which of the following is not
specifically
mentioned
as
a
determinant of the demand for
money ?
(A) Wealth
(B) Nominal yield on alternative
assets
(C) Inflation rate
(D) Real rate of interest
16.
Whose model of the following
economists makes use of the stock
adjustment principle to explain
business cycles ?
(A) N. Kaldor
(B) J.R. Hicks
(C) P. Samuelson
(D) J.M. Keynes
17.
19.
21.
Components of HDI are
I.
Longevity
II. Infant mortality
III. Educational attainment
IV. Decent standard of living
Codes :
(A) I, II and III are correct.
(B) II, III and IV are correct.
(C) II, I, and IV are correct.
(D) I, III and IV are correct.
Assertion (A) : In Marxian scheme
of things, M → C → M', where
M' > M and M' – M is surplus
value.
Reason (R) : The main cause of this
surplus value is raw materials,
machines, etc.
Codes :
(A) (A) is wrong but (R) is correct.
(B) (A) is correct but (R) is wrong.
(C) Both (A) and (R) are correct.
(D) Both (A) and (R) are wrong.
22.
Inverted
‘U’
shaped
income
distribution hypothesis is associated
with
(A) J.B. Clark
(B) David Ricardo
(C) Simon Kuznets
(D) Adam Smith
Arrange the proponents of classical
theory of development in a sequential
order :
I.
David Ricardo
II. Adam Smith
III. J.S. Mill
IV. Robert Malthus
Codes :
(A) II IV III
I
(B) IV III
I
II
(C) III
II IV
I
(D)
I
II III IV
Match the items in the List – I with
items in List – II :
List – I
List – II
I. Structural view of 1. Classical
Underdevelopment
Economists
II. Laissez-faire Policy 2. Hollis
Chenery
III. Departmental
3. Steady State
Scheme of
Growth
Expanded
Reproduction
IV. Golden Age of
4. Karl Marx
Accumulation
Codes :
I
II III IV
(A) 2
1
4
3
(B) 4
2
3
1
(C) 1
4
2
3
(D) 3
4
1
2
The concept of vicious circle of
poverty is associated with
(A) J.M. Keynes
(B) Ragner Nurkse
(C) Karl Marx
(D) J.S. Mill
18.
20.
Paper-II
6
J-01-13
7. 15.
´Öã¦üÖ Ûúß ´ÖÖÑÝÖ Ûêú ×®Ö¬ÖÖÔ¸üÛú Ûêú ºþ¯Ö ´Öë ×ÛúÃÖÛúÖ
×¾Ö׿Ö™ü ºþ¯Ö ÃÖê ˆ»»ÖêÜÖ ®ÖÆüà ×ÛúµÖÖ ÝÖµÖÖ Æîü ?
(A) ÃÖ´¯Ö¤üÖ
(B) ¾ÖîÛú×»¯ÖÛú ¯Ö׸üÃÖ´¯Ö×¢ÖµÖÖë ¯Ö¸ü ®ÖÖ´Ö´ÖÖ¡Ö
»Öײ¬Ö
(C) ´Öã¦üÖñúß×ŸÖ Ûúß ¤ü¸ü
(D) ²µÖÖ•Ö Ûúß ¾ÖÖßÖ×¾ÖÛú ¤ü¸ü
16.
¾µÖÖ¯ÖÖ¸ü “ÖÛÎúÖë Ûúß ¾µÖÖܵÖÖ Ûú¸ü®Öê Ûêú ×»Ö‹
×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ †£ÖÔ¿ÖÖáÖß ®Öê ÙüÖòÛú
ÃÖ´ÖÖµÖÖê•Ö®Ö ×ÃÖ¨üÖ®ŸÖ ÛúÖ ˆ¯ÖµÖÖêÝÖ ×ÛúµÖÖ Æîü ?
(A) ‹®Ö. Ûú»›üÖê¸ü
(B) •Öê.†Ö¸ü. ×ÆüŒÃÖ
(C) ¯Öß. ÃÖî´µÖã»ÖÃÖ®Ö
(D) •Öê.‹´Ö. Ûêú®ÃÖ
17.
18.
19.
20.
(A)
(B)
(C)
(D)
21.
ÝÖ¸üß²Öß Ûêú ¤ãü“ÖÛÎú Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ×ÛúÃÖÃÖê
ÃÖ´²Ö×®¬ÖŸÖ Æîü ?
(A) •Öê.‹´Ö. Ûêú®ÃÖ
(B) ¸êüÝÖ®Ö¸ü ®ÖÛÔúÃÖê
(C) ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ
(D) •Öê.‹ÃÖ. ×´Ö»Ö
II
IV
III
I
IV
III
II
II
III
I
IV
III
I
II
I
IV
†×³ÖÛú£Ö®Ö
(A) : ´ÖÖŒÃÖÔ¾ÖÖ¤üß µÖÖê•Ö®ÖÖ ´Öë,
M → C → M' Æîü, •ÖÆüÖÑ M' > M
†Öî¸ü M' – M †×ŸÖ¸êüÛú ´Öæ»µÖ Æîü …
ÛúÖ¸üÞÖ (R) : ‡ÃÖ †×ŸÖ¸êüÛú ´Öæ»µÖ ÛúÖ ´ÖãܵÖ
ÛúÖ¸üÞÖ Ûú““ÖÖ ´ÖÖ»Ö, ´Ö¿Öß®Öë ‡ŸµÖÖפü Æîü …
Ûæú™ü :
(A)
(B)
(C)
(D)
†Öï¬Öß ‘U’ †ÖÛúÖ׸üŸÖ (µÖÖ †ÖÛúÖ¸ü µÖ㌟Ö) †ÖµÖ
×¾ÖŸÖ¸üÞÖ ¯Ö׸üÛú»¯Ö®ÖÖ ×ÛúÃÖÃÖê ÃÖ´²Ö×®¬ÖŸÖ Æîü ?
(A) •Öê.²Öß. Œ»ÖÖÛÔú
(B) ›êü×¾Ö›ü ׸üÛúÖ›üÖì
(C) ÃÖÖ‡´Ö®Ö Ûãú•ÖÌ®Öê™ËüÃÖ
(D) ‹›ü´Ö ×ô֣Ö
22.
‹“Ö.›üß.†Ö‡. (HDI) Ûêú ÃÖÓ‘Ö™üÛú Æïü
I.
¤üß‘ÖÖÔµÖã
II. ׿ֿÖã ´Ö韵Öã¤ü¸ü
III. ¿Öî×õÖÛú ˆ¯Ö»Öײ¬Ö
IV. ´ÖµÖÖÔפüŸÖ •Öß¾Ö®Ö ÃŸÖ¸ü
Ûæú™ü :
(A) I, II †Öî¸ü III ÃÖÆüß Æïü …
(B) II, III †Öî¸ü IV ÃÖÆüß Æïü …
(C) II, I, †Öî¸ü IV ÃÖÆüß Æïü …
(D) I, III †Öî¸ü IV ÃÖÆüß Æïü …
J-01-13
×¾ÖÛúÖÃÖ Ûêú Œ»ÖÖ×ÃÖÛúß ×ÃÖ¨üÖ®ŸÖ Ûêú ×®Ö´®Ö×»Ö×ÜÖŸÖ
¯ÖÏן֯ÖÖ¤üÛúÖë ÛúÖê †®Öã¾ÖŸÖá ÛÎú´Ö ´Öë ¾µÖ¾Ö×Ã£ÖŸÖ Ûú¸ëü :
I.
›êü×¾Ö›ü ׸üÛúÖ›üÖì
II. ‹›ü´Ö ×ô֣Ö
III. •Öê.‹ÃÖ. ×´Ö»Ö
IV. ¸üÖò²Ö™Ôü ´ÖÖ»£ÖÃÖ
Ûæú™ü :
…
…
ÃÖæ“Öß-I ÛúÖê ÃÖæ“Öß-II Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
ÃÖæ“Öß – I
ÃÖæ“Öß – II
I. †»¯Ö×¾ÖÛúÖÃÖ ÛúÖ
1. Œ»ÖÖ×ÃÖÛúß
ÃÖÓ¸ü“Ö®ÖÖŸ´ÖÛú ¥ü×™üÛúÖêÞÖ
†£ÖÔ¿ÖÖáÖß
II. þ֮֟¡Ö ¾µÖÖ¯ÖÖ¸ü ®ÖßןÖ
2. ÆüÖê×»ÖÃÖ ×“Ö®Öê¸üß
III. ×¾ÖßÖÖ׸üŸÖ ¯Öã®ÖˆÔüŸ¯ÖÖ¤ü®Ö 3. ãÖÖµÖß
Ûúß ×¾Ö³ÖÖÝÖßµÖ µÖÖê•Ö®ÖÖ
¸üÖ•ÖÛúßµÖ
×¾ÖÛúÖÃÖ
IV. ÃÖÓ“ÖµÖ ÛúÖ Ã¾ÖÙÞÖ´Ö µÖãÝÖ 4. ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ
Ûæú™ü :
(A)
(B)
(C)
(D)
7
(A) ÝÖ»ÖŸÖ Æîü, ¯Ö¸ü®ŸÖã (R) ÃÖÆüß Æîü
(A) ÃÖÆüß Æîü, ¯Ö¸ü®ŸÖã (R) ÝÖ»ÖŸÖ Æîü
(A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …
(A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
I
2
4
1
3
II
1
2
4
4
III
4
3
2
1
IV
3
1
3
2
Paper-II
8. 23.
24.
25.
26.
Match the items in the List – I with
items in List – II :
List – I
List – II
I. Critical Minimum 1. R.F. Kahn
Effort Thesis
II. Knife-edge
2. RosenteinEquilibrium
Rodan
III. Bastard Golden
3. Leibenstein
Age
IV. Big Push Theory 4. Harrod
Codes :
I
II III IV
(A) 3
4
1
2
(B) 1
3
4
2
(C) 2
1
3
4
(D) 4
2
1
3
27.
28.
Paper-II
8
Provide correct answer about the
share of India in the world
merchandize exports in 2010 :
(A) 0.5 percent
(B) 0.9 percent
(C) 1.1 percent
(D) 1.5 percent
31.
Which five year plan of India has
recorded the largest gap in terms of
growth rate between the services
sector and the industrial sector ?
(A) Seventh Plan
(B) Eighth Plan
(C) Ninth Plan
(D) Tenth Plan
What was the amount of outlay under
MGNREGA in 2011-12 by the
Government of India ?
(A) ` 25,000 crore
(B) ` 30,000 crore
(C) ` 40,000 crore
(D) ` 55,000 crore
30.
Rank the States in ascending order of
the crude birth rate in the recent
years :
I.
Andhra Pradesh
II. Karnataka
III. Madhya Pradesh
IV. Uttar Pradesh
Codes :
(A) I, II, III, IV
(B) II, III, I, IV
(C) I, II, IV, III
(D) II, I, IV, III
Which of the following countries
have better Human Development
Index (HDI) as per the HDR 2011 ?
I.
Sri Lanka
II. Pakistan
III. Kenya
IV. Egypt
Codes :
(A) Sri Lanka and Egypt
(B) Sri Lanka and Kenya
(C) Pakistan and Sri Lanka
(D) Pakistan and Kenya
29.
Which years in India have been the
best and the worst in terms of growth
rate of national income ?
(A) 2007-08 and 1997-98
(B) 2006-07 and 1966-67
(C) 1988-89 and 1979-80
(D) 2003-04 and 1957-58
Provide the correct answer about the
desired growth target of the
manufacturing sector in the medium
term
as
per
the
National
Manufacturing Policy of India.
(A) 6 – 8 percent
(B) 8 – 10 percent
(C) 10 – 12 percent
(D) 12 – 14 percent
If the cost of transporting a goods
between two nations exceeds the
pretrade difference for the goods
between two nations, then trade in
that goods is
(A) possible
(B) impossible
(C) reversal
(D) cannot say
J-01-13
10. 32.
According to the Rybczynski
theorem, the growth of only one
factor at constant relative commodity
prices, leads to an absolute expansion
in the output of
35.
Which of the following is true with
respect to the monetary approach to
the balance of payments ?
(A) both commodities
(A) It views the balance of
payments as an essentially
monetary phenomenon.
(B)
the commodity using the
growing factor intensively
(B)
(C)
the commodity using the nongrowing factor intensively
A balance of payments deficit
results from an excess demand
of money in the nation.
(C)
A balance of payments surplus
results from an excess supply
of money.
(D) any of the above
33.
The exchange rate is kept the same in
all parts of the market by
(D) Balance
of
payments
disequilibrium
are
not
automatically corrected in the
long run.
(A) exchange arbitrage
(B)
interest arbitrage
(C)
hedging
36.
(D) speculation
When a nation imposes an import
tariff, the nation’s offer curve will
Which are relevant conditions
assumed by the factor price
equalization theorem ?
(A) shift away
measuring
commodity.
I.
The countries are characterised
by different factor endowments.
(B)
shift away from the axis
measuring its import commodity.
II.
34.
The countries are characterised
by
different
production
functions.
(C)
not shift.
III.
IV.
37.
Each country will export the
commodity which uses its
abundant factor relatively
intensively.
If the international terms of trade
settle at a level that is between each
country’s opportunity cost then
(B)
I, III, IV
I, II, IV
both countries gain from trade.
(C)
(A) I, II, III, IV
only one country gains from
trade.
(D) one country gains and the other
country loses from trade.
(D) I, III, II
Paper-II
axis
export
(A) there is no basis for gainful
trade for either country.
Codes :
(C)
the
(D) any of the above is possible.
The industries are characterised
by different factor intensities.
(B)
from
its
10
J-01-13
12. 38.
Arrange
the
following
chronological order :
in
I.
Which of the following is tantamount
to absence of taxation ?
(A) Shifting of the tax
(B) Tax transformation
(C) Evasion of tax
(D) Tax capitalisation
42.
Which of the following tax is within
the jurisdiction of States as
enumerated in List – II of the
Schedule VII of the Constitution of
India ?
(A) Taxes on Railway freights and
fares.
(B) Taxes on sale and purchase of
newspapers
and
on
advertisement therein.
(C) Rate of stamp duty in respect
of certain financial documents.
(D) Taxes on luxuries, including
entertainments, betting and
gambling.
Taxation Enquiry Commission
(Matthur Commission)
IV.
41.
Tax
Reforms
Committee
(Chelliah Committee)
III.
Match the items given in List – I with
those in List – II :
List – I
List – II
I. Optimal
1. Charles Tiebout
Income
Taxation
II. An Economic 2. Peter A. Phyrr
Theory of
Politics
III. Local Public 3. F. Ramsey
Goods
IV. Zero Base
4. Anthony Downs
Budgeting
Codes :
I
II III IV
(A) 3
1
4
2
(B) 2
3
1
4
(C) 3
2
1
4
(D) 3
4
1
2
The Indirect Tax Enquiry
Committee (Jha Committee)
II.
40.
The Direct Tax Enquiry
Committee (Wanchoo Committee)
Codes :
(A) III, II, IV, I
(B)
III, I, IV, II
(C)
II, III, I, IV
(D) III, IV, I, II
39.
Which of the following are relevant
in Zero Base Budgeting ?
I.
Each item of expenditure is
challenged
in
pre-budget
review.
II.
No
minimum
level
of
expenditure is allowed to be
taken as given.
III.
Expenditure of each item is
increased marginally.
IV.
Most item of expenditure is
taken for granted when budget
is prepared for the next year.
Codes :
(A) I and III are correct.
(B)
I, II and IV are correct.
(C)
I and II are correct.
(D) I, III and IV are correct.
Paper-II
12
J-01-13
13. 38.
×®Ö´®Ö×»Ö×ÜÖŸÖ ÛúÖê ÛúÖ»ÖÖ®ÖãÛÎú×´ÖÛú ÛÎú´Ö ´Öë
¾µÖ¾Ö×Ã£ÖŸÖ Ûú¸ëü :
I.
†¯ÖÏŸµÖõÖ Ûú¸ü •ÖÖÑ“Ö ÃÖ×´Ö×ŸÖ (—ÖÖ ÃÖ×´ÖןÖ)
II.
Ûú¸ü ÃÖã¬ÖÖ¸ü ÃÖ×´Ö×ŸÖ (“Ö»ÖîµÖÖ ÃÖ×´ÖןÖ)
III.
Ûú¸üÖ¬ÖÖ®Ö •ÖÖÑ“Ö †ÖµÖÖêÝÖ (´ÖÖ£Öã¸ü †ÖµÖÖêÝÖ)
IV.
40.
¯ÖÏŸµÖõÖ Ûú¸ü •ÖÖÑ“Ö ÃÖ×´Ö×ŸÖ (¾ÖÖÓ“Öæ ÃÖ×´ÖןÖ)
Ûæú™ü :
(A) III, II, IV, I
ÃÖæ“Öß-I ´Öë ¤üß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß-II ´Öë ´Ö¤üÖë Ûêú ÃÖÖ£Ö
ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
ÃÖæ“Öß – I
ÃÖæ“Öß – II
I. ‡Â™üŸÖ´Ö †ÖµÖ Ûú¸ü
1. “ÖÖ»ÃÖÔ ×™ü²ÖÖê
II. ¸üÖ•Ö®Öß×ŸÖ ÛúÖ †ÖÙ£ÖÛú
2. ¯Öß™ü¸ü ‹. ¯ÖÖµÖ¸ü
×ÃÖ¨üÖ®ŸÖ
III. ãÖÖ®ÖßµÖ »ÖÖêÛú ¾ÖßÖã‹Ñ
3. ‹±ú. ¸üÖ´ÖÃÖê
IV. ¿Öæ®µÖ †Ö¬ÖÖ¸ü ²Ö•Ö™ü®Ö
4. ‹®£Ö®Öß ›üÖ‰ú®ÖËÃÖ
Ûæú™ü :
I
II
III
IV
(B)
(A)
3
1
4
2
(C)
II, III, I, IV
(B)
2
3
1
4
(D) III, IV, I, II
(C)
3
2
1
4
(D)
39.
III, I, IV, II
3
4
1
2
¿Öæ®µÖ ²Ö•Ö™ü®Ö ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ
¯ÖÏÖÃÖÓ×ÝÖÛú Æîü ?
I.
42.
¯ÖÏŸµÖêÛú ´Ö¤ü Ûêú ¾µÖµÖ Ûúß ÆüÖ׿ֵÖê ¯Ö¸ü µÖÖ
ÃÖß´ÖÖ×®ŸÖÛú ¾Öéרü Ûúß •ÖÖŸÖß Æîü …
×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ Ûú¸ü ¸üÖ•µÖÖë Ûêú
õÖê¡ÖÖ׬ÖÛúÖ¸ü ´Öë ¯Ö›ÌüŸÖÖ Æîü •ÖîÃÖÖ ×Ûú ³ÖÖ¸üŸÖßµÖ
ÃÖÓ×¾Ö¬ÖÖ®Ö Ûúß †®ÖãÃÖæ“Öß VII Ûúß ÃÖæ“Öß-II ´Öë
¾ÖÙÞÖŸÖ Æîü ?
(A) ¸êü»Ö¾Öê ´ÖÖ»Ö ³ÖÖ›Ìêü †Öî¸ü ÃÖ¾ÖÖ¸üß ³ÖÖ›Ìêü ¯Ö¸ü
Ûú¸ü
(B) ÃÖ´ÖÖ“ÖÖ¸ü¯Ö¡ÖÖë Ûúß ×²ÖÛÎúß ‹¾ÖÓ ÜÖ¸üߤü †Öî¸ü
ˆÃÖ´Öë ×¾Ö–ÖÖ¯Ö®ÖÖë ¯Ö¸ü Ûú¸ü
(C) Ûãú”û ×¾Ö¢ÖßµÖ ¤üßÖÖ¾Öê•ÖÖë Ûêú ÃÖ´²Ö®¬Ö ´Öë
ÙüÖ´¯Ö ¿Öã»Ûú Ûúß ¤ü¸ü
(D) ´Ö®ÖÖê¸Óü•Ö®Ö, ²ÖÖ•Öß (»ÖÝÖÖ®Öê) †Öî¸ü •Öæ†Ö
ÜÖê»Ö®Öê ÃÖ´ÖêŸÖ ×¾Ö»ÖÖ×ÃÖŸÖÖ†Öë ¯Ö¸ü Ûú¸ü
¾µÖµÖ Ûêú ×ÛúÃÖß ³Öß ®µÖæ®ÖŸÖ´Ö ßָü ÛúÖê ¯ÖϤü¢Ö
´ÖÖ®Ö »Öê®Öê Ûúß †®Öã´Ö×ŸÖ ®ÖÆüà Æîü …
III.
×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ Ûú¸üÖ¬ÖÖ®Ö Ûúß
†®Öã¯Ö×ãÖ×ŸÖ Ûêú ŸÖã»µÖ Æî ü?
(A) Ûú¸ü ÛúÖ ×¾Ö“Ö»Ö®Ö
(B) Ûú¸ü ÛúÖ ºþ¯ÖÖ®ŸÖ¸üÞÖ
(C) Ûú¸ü †¯Ö¾ÖÓ“Ö®Ö
(D) Ûú¸ü ÛúÖ ¯ÖæÓ•ÖßÛú¸üÞÖ
¾µÖµÖ Ûúß ¯ÖÏŸµÖêÛú ´Ö¤ü ÛúÖê ¯Öæ¾ÖÔ-²Ö•Ö™ü
¯Öã®Ö¸üÖ¾Ö»ÖÖêÛú®Ö ´Öë “Öã®ÖÖîŸÖß ¤üß •ÖÖŸÖß Æîü …
II.
41.
IV.
•Ö²Ö †ÝÖ»Öê ¾ÖÂÖÔ ÛúÖ ²Ö•Ö™ü ŸÖîµÖÖ¸ü ×ÛúµÖÖ
•ÖÖŸÖÖ Æîü ŸÖÖê ¾µÖµÖ Ûúß †×¬ÖÛúÖÓ¿Ö ´Ö¤üÖë ÛúÖê
¯ÖϤü¢Ö ´ÖÖ®Ö ×»ÖµÖÖ •ÖÖŸÖÖ Æîü …
Ûæú™ü :
(A) I †Öî¸ü III ÃÖÆüß
Æïü …
(B)
I, II †Öî¸ü IV ÃÖÆüß
(C)
I †Öî¸ü II ÃÖÆüß
Æïü …
Æïü …
(D) I, III †Öî¸ü IV ÃÖÆüß
J-01-13
Æïü …
13
Paper-II
14. 43.
Cohin Clark has argued that for most
countries of the world, the safe upper
limit of taxation is
(A) 40 percent of national income
(B) 30 percent of national income
(C) 25 percent of national income
(D) 20 percent of national income
44.
Which of the following tax can be
shifted easily ?
(A) Lump-sum tax imposed on the
monopolist
(B) Tax imposed on residential
house
(C) Capital goods meant for sale
(D) Succession duty
45.
49.
Given the following information,
match the item in List – I with
List – II :
List – I
List – II
I. Coefficient of
1. μ4/σ4
Variation
II. Coefficient of
2. μ3/σ3
Correlation
III. Coefficient of
3. σ/ –
x
Skewness
IV. Coefficient of
4. ∑xy / σx σy
Kurtosis
Codes :
I
II III IV
(A) 1
2
3
4
(B) 3
2
4
1
(C) 3
4
2
1
(D) 3
4
1
2
50.
If ‘r’ is the correlation coefficient and
byx and bxy are the regression
coefficients of the regression lines y
on x and x on y respectively, then r =
(A) bxy × byx
(B)
bxy / byx
(C)
1 – bxy byx
(D)
bxy byx
Random sampling implies that
(A) the observations are selected
purposively.
(B) the observations are selected in
a systemic manner.
(C) the observations are selected in
an adhoc manner.
(D) the observations are selected in
clusters.
Assertion (A) : Fisher’s index is an
ideal index.
Reasoning (R) : Fisher’s index
satisfies Time Reversal and
Factor Reversal Tests.
Codes :
(A) Both (A) and (R) are true and
(R) is correct explanation of
(A).
(B) Both (A) and (R) are true, but
(R) is not correct explanation
of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.
In a binomial distribution, the sum of
mean and variance is 15 and the
product of mean and variance is 54,
then the number of observations (n)
is equal to
(A) 27
(B) 30
(C) 24
(D) 33
46.
48.
47.
χ2 (chi-square) test is used to test
(A) analysis of variance
(B) association
between
the
qualitative variables
(C) difference between means of
two distributions drawn from
the same population.
(D) difference between the means
of two distributions drawn
from different population.
Paper-II
14
J-01-13