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This Booklet contains 36 printed pages.

~~~~36~~~t

AF16-XV Question Booklet No.

~-~~-.m

EXAMINATION-8TPGT

1102140

.SUBJECT : ECONOMICS

,

Do not open this Question Booklet until you are asked to do so.' .

I!l~ m~ ~'T ~ -.n ~ ~ ~~"lf''T ~ ~ -.n t •

Read carefully all the instructions given at the back page and on the front page of this Question

Booklet.

~~m~ ~ ~ '8 ~~ ~ Of'8m ~ f.lCq"1I~;j-) ~~ ~ ~ t

Instructions for Candidates

1. Use Black Ballpoint Pen only for writing

particulars of this Question Booklet and

marking responses on the OMR

Answer Sheet.

2. This test is of 2 hours and 30 minutes

duration and consists of 150 MCQ-type

questions. Each question carries 1 mark.

3. There is no negative marking for any wrong

answer.

4. Rough work should be done only in the space

provided in the Question Booklet for the

same. •

5. The answers are to be recorded on the OMR

Answer Sheet only. Mark your responses

carefully since there is no chance of

alteration/ correction.

6. Use of eraser or whitener is strictly

prohibited.

7. Candidates should note that each question is

given in bilingual form (English and Bengali).

In case of any discrepancy or confusion in the

medium/ version, the English Version will be

treated as the authentic version.

1. I!l~ m~ ~ ~ I!lCf~OMR ~~ ~

~~~~~~~~~

~~I

2. ~~~~2~.;;r30~I~onUI50

'. mMCQ~m~t~~~~l

(~<p) I

3. ~ ~ ~ «filO1'8 ~~ ~ ~ -.n I

4. ~~~'8~~~~~~

"i~Cii1C{;(m~) ~ ~ ~ I

5.·~~~~OMR~~~~~1

~~~~~~~~

'6l~ii1~~~~ I W!rn~I!l~~~~

,~ «filO1'8 '6l~i:IC~~ ~ ~ <ft ~~~~ ~

~-.nt

6. ~-~~<ft~~-~~~

~m9f~1

7. ~h ~ m~ ~ ClT m~ m~far

~-~~~~'8<ft~"ii1T)~ I~~~~-~~

<ft ~-~~~'T «filO1'8 ~ ~ ~Qj<ff ~

~~~~ wr~~~ ~~~m~~~~~'TJ~I

Name of .the Candidate (in Capitals) : _

~~ "1llJ (~ ~)

Roll No.: _

~rr~

Full Signature of the Candidate with date

~~~1~~

/16

OMR Answer Sheet No. _

OMR~~~ .

Signature of the Invigilator with date

Pl~'II"fl~~

Direction : Answer the following questions

by selecting the correct option.

1. Who has given scarcity definition of

economics?

(A) Adam Smith

(8) Robbins

(C) Marshall

(D) None of them

2. Economics is the study of

(A) production technology and

consumption decision

(8) the best way to run society

(C) how society decides what, how

and for whom to produce

(D) None of the above

3. In a free market economy, the

allocation of resources is determined

by

(A) taking consumer votes

(8) a central planning authority

(C) consumer preferences


4. Laboratory experiments cannot be

performed in economics, because

(A) of resource scarcity

(8) economics is a natural science

(C) economics is a social science


5. Normative economics

(A) deals society with the facts

(8) involves opinions and

interpretations

(C) is clearly preferable to positive

economics


/16

M'~: ~ ~~ ~ ~ 2P!f~m

~~'81

L \5f~~C\!) \5f~ ~~~ c<!i fqc~C~"i?

(A) ~-R~

(8) ~

(C) ~

(D) I!T~ ~~

. 2. \5f~ '6l1CaotlbJ~ ~

(A) ~~~ ~ 1.!I<f~ ~'if ~

~~'f

(8) ~ blaotlC~I~ ~ ~ 9f ~

~

(C) ~ ~ f.t(rn'f ~, ~. ~I.!I~ ~ ~ ~~9fT"M~

(D) ~~ '~I~1n.om

3, I.!I~ ~ \5f~ ~ ~9fM <f~

~~

(A) ~ Ci5fi; ~'f ~

(8) ~ 9fRl~tI~1~~ ~

(C) ~ ~ ~C<lb~l~ ~

(D) ~~ '~I~1n.om

4. \5f~ ~~~>j~~C~ aotJ1C<lIC~'GR~.:

~~~;n, ~'f

(A) ~\5f~

(8) \5f~ I.!I~ ~ ~

(C) \5f~ I.!I~ ~ ~

(D) ~~ '~l~~ om

5. ~'f~ (~~~~~) \5f~

(A) >j~I\S1C~~ ~~C\!) ~

(8) ~ I.!I~ ~bl~C~ '6ltS~'<3>~

(C) <f<{"il~~~ \5f~ \5fC~

~~

(D) ~~ '~HIn.om

2

6. The former Soviet Union is an

example of

(A) a planned economy

(B) a free market economy

(C) a mixed economy


7. Marginal utility is equal to average

utility at that time when average

utility is

(A) increasing

(B) minimum

(C) constant

. (D) None of the above

8. At point of satiety marginal utility is

(A) zero

(B) positive

(C) negative


9. According to Marshall, the basis of

consumer surplus is

(A) law of diminishing marginal

utility

(B) law of equimarginal utility

(C) law of proportion


10. The shape of indifference curve is

convex to the origin due to

(A) increasing marginal rate of

substitution

(B) constant marginal rate of

substitution

(C) diminishing marginal utility


11. If two goods are perfect comple-

ments of each other, then the shape

of the indifference curve will be

(A) negatively sloped straight line

(B) positively sloped straight line

(C) 'L' shaped


/16

6. ~ C>jl~'W~ \tr;Pl{l~,<p ~ ~Cf

~~~

(A) ~~ 9j~<p~~ ~~

(B) ~~~~~~

(C) ~~~~~

(D) ~~ C<PI~~ -;rn

-7. ~~~~~ ~ ~

~~~~~~~?

(A)~~

(B) ~~

(C) ~~

(D) ~~ C<PI~~ -;rn

8.~~~~~~

(A) ~

(B) ~

(C) ~~

(D) ~~ C<PI~~-;rn

9. W1l'i11~~ ~'i11~1'\S~ <mlCf ~

(A) i1!'q]>j~I~ ~ ~~ ~

(B)~~~~~~

(C) ~~~

(D) ~~ C<PI~~ -;rn

10. ~~ ~ ~ C<P~~"i*l ~

~ ~\'3w:T<mlCf ~

(A) ~~ ~ 9j~:q~~I~ *(B) ~ ~ 9j~:q~~1~ *(C) i1!'q]>j~I~ ~ ~~

(D) ~~ C<PI~~ -;rn

1l. ~ ~ ~ ~ ~~ ~, ~

~~~~~

(A) ~~ (j1i11~~ >j~i11'~~

(B) ~ (jli11~f1~>j~i11'~~

(C) \~ 'L' 1Ol~'~~ ~

(D) ~~ C<pH~ -;rn

3 [ P.T.O.

,

12. The opportunity cost of a good is

(A) the expenditure on the good

(B) the quantity of other goods

sacrificed to get another unit of

that good

(C) the time lost in fmding it


13. Which of the following statements

accurately describes the relationship

between average revenue (AR) and

marginal revenue (MR)?

(A) AR rises when MR is above it

and falls when MR is below it

(B) MR intersects AR at its

minimum point

(C) AR and MR are always parallel

to each other



about a fixed input is true?

(A) Its price is fixed

(B) The quantity of it that a firm can

use in the long run is fixed

(C) The quantity of it that a firm can

use in the short run is fixed


15. In the short run, which of the

following always gets smaller as

output increases?

(A) Average fixed cost

(B) Average variable cost

(C) Short-run average cost


16. Which of the following is not a

function of the market?

(A) To bring buyers and sellers

together

(B) To determine price

(C) To control the functioning of

buyers and sellers


/16

12. c<Wl ~ ~'if ~ ~

(A) ~~~~~

(B) ~ '6l~RlI& ~ \£l~ 9fl~ ~

'\5RJ -a<n ell .'1 ~'if ~ ~ I3T

(C) ~ 9fl~~ ell~~~13T

(D) ~9fC$l C<flH~-;m

13. ~ ~ <ql&<nf& 'i% C?4ji,P1~ (AR)

\£l<:t~~ C?4ji,P1~ (MR)-\£l"?4~~

>j~<fl1:)1C<l"<lJMJl ~ ?

(A) MR ~ AR-~ ~~ ~ 'Wf AR

~~~oMR AR-~~

~'WfAR~

(B) AR-\£l"?4~~, MR ARc<fire~

(C) AR \£l<:t~MR ~ 9fi:1=9fC$l

>j~1&?41iil~

(D) ~9fC$l C<Pl~tt\ -;m

14. ~<f$ ~ ~~'t ~ ~ ~

<q1&<qJf&• ?

(A) \£l"?4~ ~

(B) ~~ ~~~ ~ Tfl~<fllCiiI \£l~

~~'ltU ell ~'t ~ ~ I3T

~~

(C) \£l<f$~~~ ~ 1$l<plCiiI \£l~

~~'ltU ell ~'t ~ ~ 13T.

~~

(D) ~9fC$l C<fll~~ ~

15. 1$l<fllCiiI ~ ~~~ ~'t ~ ~

~~~~~'1m?

(A) 'i%~~

(B) ~ '1Rl<q~~~ ~

(C) 1$l<plifl~ ~ ~

(D) ~9fC$l C<pl~tt\ -;m

16. ~ ~ <lllSflC?4?4~ -;m ?

(A) ~ ~~ ~CJl>~l?4 ~~ ~wn'if ~ .

(B) ~~~

(C) ~ ~~ ~CJl>~I?4 ~ ~'t ~

(D) ~9fC$l C<PH~ -;m

4

about the market supply curve for a

product is false?

(A) The market supply curve may

shift if there is a change in the

behaviour of some firms

(B) The market supply curve may


price of the product

(C) The market supply curve may


number of firms which supply

the product



about the features of firms is false?

(A) There are many firms in both

perfect competition and

monopolistic competition

(B) There may be homogeneous

products in both perfect

competition and oligopoly

(C) Both perfectly competitive firm

and monopolistic competitive

firm are price takers


19. Which of the following statements is

true?

(A) The fixed cost curve is a straight

line parallel to horizontal axis in

the short run

(B) The fixed cost curve is a

negatively sloped straight line in

the short run

(C) The fixed cost curve is a

positively sloped straight line in

the short run


/16 5

17. ~ ~~~~ OO'ifR ~."...~

~ c<Wt <1'&<IJf&~ ";ffl ?

(A) ~~9fl>M ~-afarn ~~ ~~R>0IC~~ ~~ ~ ~ ~ .

OO'ifR~~~~~

(B)~~~~~

OO'ifR'~~~~~

(C) ~ ~~9fl>M ~-afar ~ OO'ifR

~~~~~~~~

OO'ifR~~~~~

18. ~~9fl>M ~R>0IC~~ ~ ."...~ ~

~-afarn ~~ ~ ~?

(A) ~<!lCbf&~1~~ '1~ ~ ~~~9fl>M~~

(B) '1~ ~ ~~ ~~~'1~'8fI&l~ ~ ~ ~

(C) '1~ ~~ ~~ ~<!lCbf&~1~~

~lfN~

(A) ~tI<!lICi71~ ~ '5li~fil<!l ~

'1~I~~IG1~ '1~i71C~~

(B) ~tI<!l!Ci71~ ~ ~ ~'lffi<!l ~

~~ '1~i71C~~

(C) ~tI<!lICi71~ ~ ~ ~ (j1i71~~

~~ '1~i71C~~

[ P.T.O.

about a firm which is a price taker is

false?

(A) The fIrm will sell its product at

the going market price

(B) The demand curve faced by the

firm is horizontal even though

the market demand curve is

downward sloping

(C) The demand curve faced by the

firm is downward sloping


21. On a graph for a perfect competitor,

which of the following curves

coincide?

(A) The demand curve, the average

revenue curve and the marginal

revenue curve

(B) The demand curve and the

average revenue curve but not

the marginal revenue curve

(C) The average revenue curve and

the marginal revenue curve but

not the demand curve


22. Which part of the perfect

competitor's short-run marginal cost.

curve (SMCC) is also its short-run

supply curve (SSC)?

(A) The whole of the upward sloping

part of the SMC curve

(B) The part of the SMCcurve above

its intersection with the average

variable cost curve

(C) The part of the SMCcurve above

its intersection with short-run

average cost curve


/16

20. ~ ~ ~ ~<fSfij ~~~ ~

~ ~ ~ c<fIO\ <q-&<qJro~ ?

(A) ~~9fT'R ~~0Hro ~ ~ ~

~f.tlR~

(B) ~ ~ ~ Hi~ ~-sm~\$

~~9fT'R ~~0\c~iq ~ ~~

'6I"i~~<P Wt

(C) ~~9fT'R ~~0\c~iq

Wt

(D) ~~ C<PH~ ~

21. 11l<T$ '1'f ~~ ~ ~ c<fIO\

~~~~~~?

(A) ~ ~, ~ Ciq~~~ ~ 11l<l~

~Ciq~~~~

(B) ~ ~ 11l<l0 ~ Ciq~~~ ~,

m~Ciq~~~~~

(C) ~ Ciq~~ ~ 11l<l~ ~ Ciq~~~

~,m~~~

22. '1'f ~~ 1$1<p1;n~~ <lm ~

(SMCC) c<fIO\ \5f~ ~ 1t1<p1~~ Cln'ifR

~\$ (SSC)?

(A) SMC ~ ~:~~

(B) SMC ~ ~ ~ ~ ~

9j~<q..b~~ <lrn ~ ro ~ ~~~

(C) SMC ~ ~ ~ ~ ~ <lm

~ro~~~~

6

23. Aprofit maximising firm fmds that if

it remains open, the best output is

60 per week, but at this output it

makes a loss. Under what

circumstances it shuts down?

(A) If average revenue (AR)at this

output IS below short-run

average cost (SAC)

(B) If AR at this output is below

average variable cost (AVC)

(C) If marginal revenue at this

output is below Ave

(D) None.of the above


about industries that are oligopolies

is false?

(A) Firms in these industries may

attempt to cooperate

(B) Firms in these industries are

interdependent

(C) An oligopolywith only two firms

is called duopoly

(D) None of the above.


about duopolists in the Cournot

model of oligopoly is not true?

(A) The equilibrium is' where the

reaction curves intersects

(B) If the duopolists produce

homogeneous products, then

the equilibrium price will be

same as if the industry had a

monopoly

(C) Each firm has a reaction curve

showing its chosen output for

different output that the other

might set


/16

23. ~~9fNOl Wi. ~~ ~<f$ 'flt<n '6I181~<tI~

~R>0IC"l?l ~ ~~ ~~9fNOl ~ 60,

m ~~<l'caf C01I<tS>11"l~ I f<li ~~R>0I"lfG ~~9fNOl ~ ~ ~?

(A) ~\ ~~~ ~ '5%. "6Irn ~$l<tSI~"l '5%.

<ml~~~~

(B) ~\ ~~~ ~ '5%. "6Irn 9lrn:q0"liiftal

'5%. <ml ~~ ~ ~

(C) ~\ ~~~ ~ ~ "6Irn '5%.

9lrn:q0"liifo1 <ml ~~ <R ~

(D) ~~ C<tSI"l~ ;m

24. ~'ifl~ ~ ~9fC<fi ~ ~~~

~~~~?

(A) ~\ ~ ~~far 9jW"~

~~~

(B) ~\ ~ ~~far 9jW"~ ~~

~-6~ift01

(C) ~'ifl~ firm ~'1lft ~ ~~~~~

(D) ~~ C<tIl"l~ ;m

25. ~ il'~'C7I~ ~'ifl~ ~~

~9fC<fi ~ ~~~ ~~ ~ ~

;m?

(A) ~ ~ ~~ ~ ro~ ~ ~1?l>1I~J~_ ~

(B) ~ ~fi ~~~ >1~IStI~~ ~

~~9fNOl ~ ~ ~1?l>jI~J lfN ~~

~ ~ firm ~<tICbfG~1 ~

~

(e) ~ ~ ~~9fNOl ~ ~

~R>0IC"l?l ~ ~~Qj>~1 ~ ~, ~

~~9fNOl ~ ~~01C"l~ ~_

~~~~~C~~~

(D) ~~ c<tSI"l~;m

7 [ P.T.D.

26. What IS the definition of Nash

equilibrium?

(A) A situation where each player

adopts his dominant strategy

(B) A situation where' each player

adopts the best strategy for him,

given the strategy adopted by

other

(C) A situation where the combined

payoffs of the players IS the

maximum possible



about price leadership is false?

(A) Price leadership is a form of

tacit collusion

(B) With dominant price leadership,

the leader in an industry is the

biggest firm

(C) Price leadership breaks down if

input prices or demand

conditions change



about a firm's demand for labour is

correct?

(A) Its demand for labour is a

derived demand

(B) If the prices of other inputs that

are used along with the labour

increase, the demand for labour

will not change

(C) If productivity of labour

increases, the demand for

labour is sure to increase


116 8

(A)IJ1~~~~~

~ ~ ~'1.'f' ~'1C<M"'M ~'1

~

(B)IJ1~ ~ ~ ~ ~

~Ci1jHIiC'¥~~~ ~ ~ c<fiR

~ ~ >jc411{3~~~ ~'1 ~

(C) 1J1~ ~ ~

~Ci1jI~I'¥C'f~ ~ ~

>j<lCbC~ c<TfiCt

27. "'TN ~ ~ ~ c<tifol. <li@<UfG

~?

(A) "'TN ~ ~ ~ C~ro<l'lt\~I~1J1<f4U

~

(B) ~'1.'f'"'TN ~ ~'fH<p~ ~ ~

~~~ ~

(C) ~ \;~~ "'TN ~o ~ ~

~ ~ ~ "'TN ~ C\SZ:~~

(D) \;~ C<PH~-;p;f

28. \;~9f1'R ~R>0IC~~ . ~ ~ ~

c<tifol. <li@<lJfG .?(A) lJ1~wm~~~~

(B) wm ~ ~ ~ ~~~"'TN

~C~ ~~

-;n

(C) wm ~~9jIIf~ifIi1j~1 ~ C~

f.rtMb~'.:>IC~\wm ~ ~ ~

(D) ~~ C<PH~ -;p;f

32. Which of the following is to be

included in the measurement of 32.

national income?


about trade union is false?

(A) They have many roles in

addition to negotiating wages

(B) If they negotiate higher wage in

a competitive labour market,

they will result in employer's

wanting to hire less labour

(C) If they negotiate a higher wage

with a monopsonistic employer,

they will always make the

employer want less labour



true?

1. Total welfare is affected by many

factors including economic

welfare.

2. Economic welfare refers to living

standard.

(A) Both 1 and 2

(B) 1 only

(C) 2 only


31. The national income is equal to

(A) Gross National Product (GNP)-

Subsidy - Indirect taxes

(B) GNP- Subsidy + Indirect taxes

(C) Net National Product -

Indirect taxes + Subsidy


(A) Teacher's pension

(B) Unemployment allowance

(C) Undistributed profit of joint-

stock companies


/16 9

29. • ~~ ~~ ~ ~ "1'&<nm~?

(A) ~~~~fl~l8~

~18 ~ 9fTCiR~ ~

(B) '1'1' ~ ~ (~) ~~~~ffi~~~m'i1"1l1'mC"1l <R ~ ~ ~

<n~~

(C) ~ ~ !lfilC"1l~ Ul<PCt)m~l CJi'~lC"1l

~~ffi~~~~<R~~~

(D) ~~ C"1l1"1~ ~

30. ~ C"1SR"1'G>"1Jm• ?

1. ~~'t~~~~~

~~~~I

2. ~~ ~'t ~ ~<q"1~1\1l1iq"iIR

~I

(A) 1 Ul"<l~2 ~

(B) .~~ 1

(C) ~~ 2

(D) ~~C"1lH~~

31. ~~~

(A) ~~~~~-

~-~~

(B) ~~~~~-

~+~~

(C) ~~~~~-

~~+~

(D) ~~C"1lH~~

~~~~~~9f~~'?C: ?\5ItS~'& ~ ~ .

(A) f'Cl'll"C"1l~C~

(B) ~ I:)l~l

(C) ~~ ~~ ~~01C"1iq ~ ~

(D) ~~C"1lH~~

[ P.T.D.

•

33. Which of the following is not

correct?

(A) Net National Product (NNP)-

Direct taxes equals

National income

(B) NNP + Capital consumption .•

equals Gross National Product

(C) Personal income equals

Disposable income +

Direct taxes



is / are correct?

1. Gross Domestic Product (GDP)

is a better measure of national

income than Gross National

Product (GNP).

2. GNPis always higher than GDP.

(A) Only 1

(B) Only 2

(C) Both 1 and 2


35. Which of the following is not

included in the estimates of national

income?

(A) Sale of collector's item

(B) Addition to inventory, but not

sale of the company's product

(C) Market rent of self-owned house


36. Which of the statements given below

is / are correct?

1. National income is same as Net

National Product at factor price.

2. The national income of India is

estimated mainly through

production and income

methods.

(A) Only 1

(B) Only 2

(C) Both 1 and 2


/16

33. ~~~-;m?

(A) ~ ~ ~~9fT'R C~ ~ ~ <fN

~~~~~~

(B) ~ ~ ~~~ ~~ ~~

Ci5T'if~'if ~ ~ ~ ~ ~

~~

(C) ~~ '!ilrn ~ ~'ifJ '!ilrn I.£l<f~

~~~~

(D) ~~ C<lSl-"1~-;m

34. ~ ~ <q'(3):cum/~~faf .?1. ~ \5l<!lC~~ ~~9fT'R (GDP) ~

~ ~~9fT'R (GNP) \5fC~ ~

~ ~tl~~iq .'1<fi I

2. GNP~ GDP \5fC~ c<tfiCr ~ I

(A) ~~ 1

(B) ~~ 2

(C) 1 ~ 2~

(D) ~ -;m

35. ~~ ~~~9f

\5l<!l~'(3)~ -.n ?

(A) ~~l~C<lSiq ~ ~ 1MJ

(B) ~ ~~~ ~~, m ~~~1MJ-;m

(C) ~ ~1~<lSH1'ijR ~ ~

~

(D) ~~ ~

36. ~ ~~-;.~ ~ / C<qiR~faf.?1. ~~ 7n:' ~ ~~9fT'R I.£l<f~

~ ~~~I

2. ~liqC\5iq ~ ~ ~ '!ilrn ~

~~ ~~.9f

~~I

(A) ~~ 1

(B) ~~ 2

(C) 1 I.£l<f02 ~

(D) ~~ C<lSl-"1~-;m

10

37. The demand for money according to

Keynes is

(A) positively related to income and

interest rate

(B) negatively related to income and

interest rate

(C) positively related in income and

negatively related to interest

rate


38. In the classical model, an increase

in the money supply will generally

lead to

(A) proportional rise in the price

level

(B) proportional rise in the national

income

(C) proportional rise in the rate of

interest


39. The labour supply in the classical

model of income and employment is

assumed to be a function of

(A) money wage rate

(B) real wage rate

(C) expected real wage rate


40. At an income of ~ 10,000, Rohan

spent {F9,000 on consumer goods.

When his income rose to ~20,000 he

spent ~ 16,000 on consumer goods.

Rohan's marginal propensity to

consume is

(A) 0·9

(B) 0·7

(C) 0·8


/16

(A) i5!m URf~ ~ ~ ~ f:l~lll4i~IC<1

~

(B) i5!m ~~ ~ ~ ~ ~'1lll<1S~IC<1

~~

(C) ~ ~ tt~lll<1S~IC<1 1J1"<1~ ~

~ ~ ~'lIll<1S~IC<1 ~~

(D) ~~ C<1SH~ Offi

38. jfSl~<1SJliI\ ~ '5fCohI ~~ ~

~~~~~\§f~

(A) lfN~~~~

(B)~~~~~/

(C)~~~~~

(D) ~~ C4iI~~ Offi

39. i5!m ~~ m~~ jfSl~<1SJliI\ ~

~"4im~ ~~ ~'ifR~

(A) ~ ~ ~ '5fC~

(B) ~ ~ ~ '5fC~

(C) ~~~~'5fC~

(D) ~~ C<1SH~ Offi

40. 10,000 ~ i5!m ~ ~ ~~

W;U 9,000 ~ "<1m ~ I i5!m ~

20,000 ~ ~ ~ ~~JJitC<lJ?l W;U

16,000 ~ "<1m ~ I C?lI~C~?l ~

~~ ~'1\§f~

(A) 0·9

(B) 0·7

(C) 0·8

(D) ~~ C<1SI~~ Offi

11 [ P.T.D.

41. If APC = average propensity to

consume, APS = average propensity

to save, MPC = marginal propensity

to consume and MPS = marginal

propensity to save, then which of the

following is not true?

(A) APC + APS = 1

(B) MPC + MPS = 1

(C) APC + MPS = 1


42. If C = a+ bY is the consumption of

an economy where, a and b are

parameters and positive, C is

consumption, Y is income and APC

and MPC have their usual

meanings, then

(A) APC = MPC

(B) APC > MPC

(C) APC < MPC


43. According to Keynes, the most

important variable affecting savings

is

(A) bank credit

(B) income

(C) rate of interest


44. In the Keynesian theory of

investment, the capital stock rises, if

(A) marginal efficiency of capital =

rate of interest

(B) marginal efficiency of capital >

rate of interest

(C) marginal efficiency of capital <

rate of interest


/16

41. ~ APC = ~ C\5l'if ~'lGT, APS = ~

~~ ~'lGT, MPC = ~ C\5l'if ~'lGT

Ul<l~MPS = ~ ~~ ~'lGl ~, ~

~~~~?

(A) APC + APS = 1

(B) MPC + MPS = 1

(C) APC + MPS = 1

(D) ~~ C<PJO'l~ ~

42. ~ C= a+ bY Ul<fi1tcwcrn c:src~.'1~ ~~ a Ul<l~b Ul~ ~ ~ '8 ~,

C = C\5l'if, Y = ~ Ul<l~APC '8 MPC

~~~~~~~,~

(A) APC = MPC

(B) APC > MPC

(C) APC < MPC

(D) ~~ C<PJO'l~ ~

43. ~1Pl~ ~ ~~ ~~ ~ ~m<pfm~~'1'f~~

(A) <lJl~ ~'t

(B) ~

(C) ~~

(D) ~~ C<PJO'l~ ~

44. ~1Pi~ ~'if '" ~~ 15l~~ ~

~,~

(A) ~~~~=~~

(B)~~~~>~~

(C) ~~~~<~~

(D) ~~ C<PI~~ ~

12

45. When marginal propensity to

consume is 0·90 and investment is

autonomous, the multiplier is

(A) 20

(B) 9

(C) 6


46. The currency mainly acts as

(A) standard of postponed payment

(B) means of savings

(C) medium of exchange

\D) N()ne ()f the ab()ve

47. Which of the following is known as

plastic money?

(A) Credit card

(B) Bearer cheque

(C) Demand draft


48. Deposit created through extension

of loan is known as

(A) derived deposit

(B) primary deposit

(C) demand deposit


49. Which of the following is not a

function of the central bank?

(A) Issue of notes

(B) Accepting of deposits from

people

(C) Credit control


/16 13

45. ~ ~ ~'if ~~ = 0'90 ~~

~'if~~~, ~~'1m~~

(A) 20

(B) 9

. (C) 6

(D) ~~ C~l~~ "ffl

46. ~~Ct:[~~~~~

(A) ~M~~~

(B) ~~~9fm

(C) R~~C{l~ ~~

(D) ~~ c~l~~-:m

47. ~ C~l~roC~~~Q(~~?

(A) ~~

(B) ~ C6<Ii

(C) bl~"fl~lJl ~ ~

(D) ~~ C~l~~ "ffl

48. ~~ ~~~m ~ '¢j1~11'-;~ <fm ~,~~

(A) ~ \5l1~1~~

(B) W~ \5l1~1~~

(C) ~ \5l1~1~~

(D) ~~ C~H~ "ffl

49. ~ ~ ~<m~~"ffl?

(A) c;nU~~

(B) ~~'rn ~ ~'t <1im

(C) ~'t ~'t

(D) ~~ C~I~~ "ffl

[ P.T.O.

50. Assuming all other things remaining

unchanged, if total excess reserves

of the banking system is ~200 and

minimum cash reserve ratio is 10%,

the total created deposit of the

banking system will be

(A) r3,000

(B) ~ 1,000

(C) ~2,000

(0) None of the above

51. Suppose Bank of Bangladesh

reduces bank rate. Which of the

following statements is then false?

(A) The money supply curve will

shift right

(B) The interest rate on market

loans within the Bangladesh will

decrease

(C) Banks will be decreasing to lend

to customers than previous


52. Which of the following weapons is

not a selective credit control

measure?

(A) Fixation of minimum cash

reserve ratio

(B) Credit rationing

(C) Moral suasion


53. Which of the followingstatements is

true about the classical quantity

theory of money?

(A) The equation of exchange is

MV = PQ

(B) The classical economists

assumed that V would rise

when real interest rates rise

(C) The classical economists

concluded that increase in the

money supply causes increase

in real GOP and nothing else


/16

50. ~ ~ ~9jffi<l!?b~ ~ ~ <fm

~~<m~~~~~.cr 200 ~ I!I~~~ ~'iN ~

~9fl\§ 10%~ ~ <m~~ ~ ~'5(1~I~C~~ .cr ~

(A) 3,000 ~

(B) 1,000 ~

(C) 2,000 ~

(0) ~9fUrn C<PI~~ -;rn

51. ~~<m~~<n~<m~ oW~~ I I!I~ ~ ~ c<IiR. <l'&<l1t6

~?

(A) ~~ ~'iff.f ~ \5Hf'iC<p ~Hlt!lffi~

~

(B) <n°iilIC'fC"1 ~ ~cr~ ~ ~9fK<t

(C) <m~ ~1~<tiC<l1t6.?(A) R~~c~~~cr ~ MV = PQ

(B) iPl{5j<Plliil ~~I\!lR'(iql ~ ~ ~

~~~~C~V~9fm

(C) iPl{5j<Plliil ~~I\!lR'(C'f~ ~~ ~

~ ~~ ~'iff.f ~ ~ GOP-~

~Wm~~-;rn

(0) ~9fUrn C<PH~-;rn

14

57. Choose the correct answer

considering the following

statements :

l. Inflation benefits the debtors.

2. Inflation benefits the bond

holders.

(A) Both 1 and 2

(B) Only 2

(C) Only 1


/16

57. ~ ~~~ ~~C~ • ~

~~:

1. ~al~~~~~~~~1

2. ~~ ~ ~al~~~ ~ 011'O<tl~

'~I

(A) 1 ~~2~

(B) ~~ 2

(C) ~~ 1

(D) ~~ C~l~~ ~

15 P.T.O.

58. Which one of the following is likely

to be the most inflationary in its

effect?

(A) Creating new money to finance

a budget deficit

(B) Borrowing from public to

finance a budget deficit

(C) Borrowing from banks to

finance a budget deficit


59. Stagflation is a state of economy,

where

(A) prices are continuously rising

(B) both prices and employment are

rising

(C) prices are rising but output is

constant


60. The cyclical fluctuation in income

has been explained in terms of

(A) monetary expansion by Hicks

(B) innovation by Keynes

(C) interaction between multiplier

and accelerator by Hawtrey•


61. According to the principle of

comparative advantage

(A) countries should specialize in

the production of goods that

they prefer to consume

(B) countries with a comparative

advantage in the production of

every good need not specialize

(C) countries should specialize in

the production of goods for

which they have a lower

opportunity cost of production

than their trading partners


/16

58. ~ ~ <ppstffl<iq ~ >j;QC6C{I ~

~al~R>iq ~ ~ ?

(A) ~ ~ C~IC~liq ~ ~ '5fC~

~~

(B) ~ ~ C~lC~m ~ ~~'mC~ ~'f ~'f~

(C) ~ ~ C~'GIC~Hl~ <m~ C~

~'f ~'f~

(D) ~~ C<Pl~~ -;rn

59. ~ ~al?ifR> ~ \5f~ \£l~ \£l<tSfij

~,~~

(A) ~~~~~

(B) ~ \£l<l~~~ ~~C~~ ~ ~

(C) ~~m~~~~(D) ~~ C<PI~~ -;rn

60. ~R>c ~'f ~ ~

(A) ~ ~ '5fC~ ~'m fi,~c~

(B) ~ ~ ~l<lC~iq fi,~c~

(C) ~ ~ ~'Mi ~~ ~'m ~~R>~lC~iq fi,~c~

(D) ~~ C<PH~ -;rn

61. ':(01~I~iijiICiq

(A) s: -e Sf ~ ~ C<pR

~"~ ~ ~ ~~~ f.tr~<Piq'f

~ #

(B ~. ~ ~ QM ~ ':(01~1~t11r. 'f \5f~C~I~~

(C) C<pR ~ ~ ~ ~~~

~~'f~~~~~~~~

~ QM ~ ~ \5f~ '5fC~

~ ~Sf <lJm ~tfl C'5lSf ~

(D) ~~ C<PH~ -;rn

16

62. The theory of absolute advantage

has been given by

(A) Adam Smith

(B) John Stuart Mill

(C) David Ricardo

(D) None of them

63. Suppose a country's workers can

produce 4 watches per hour or 12

rings per hour. If there is no trade,

then

(A) the opportunity cost of 1 watch

is ~ of a ring

(B) the opportunity cost of 1 watch

is 3 rings

(C) the opportunity cost of 1 watch

is }j of a ring


64. According to Heckscher-Ohlin,

comparative cost differences arise

due to

(A) differences in factor

endowments

(B) differences in factor intensities

(C) Both (A)and (B)


Ricardian theory of comparative

advantage assumes that production

is subjected to

(A) increasing returns

(B) constant returns

(C) decreasing returns


65.

66. In a two-country model, the terms of

trade of a country is given by

(A) the ratio of price of exports of

the country to the price of its

imports

(B) the ratio of price of imports of

the country to the price of its

exports

(C) the reciprocal of export price


62. ~~~~~~

(A) ~~~

(B) ~~~

(C) ~ ~<p1C\S1

(D) ~m~~

63. ~ <m ~<Ii1U~ ~ ~ ~~ 4fU~ ~~ 12m ~~ ~~9fl>M ~ ~ I ~

~~~~--n~,~(A) I!l~ ~ ~'if <ml ~ 1!l<lifU

~~-~ ~~~

(B) ~<Ii1U~ ~'if <ml ~ 3m ~~-~~~

(C) I!l~ ~ ~'if <ml ~ 1!l<li1U

~~-~ }j~~

(D) ~~ C<PH~ ~

64. C~<P~-\$:@IC~~ ~ ~i71~1~i1jM

(A) ~~ ~-I!l~ ~~ ~ ~

(B) ~ ~-I!l~ ~~ ~ ~

(C) Jji~P1~1~ ~-~ ~~ ~ ~

(D) ~~ C<Pl~~ ~

65.

66. lfU-orcr ~ C<pR 1!l<li1U~ ~ ~

~~

(A) ~ ~~ ~ ~~ 15l1~'flf.l ~

~~

(B) ~ 15l1~'flf.l ~ ~~ ~~ ~

~~

(C) ~~ ~ I5lC~JHJ<p

(D) ~~ C<Pl~~ ~

/16 17 [.P.T.O.

67. Which one of the following is not a

source of gains from trade?

(A) Gains from exchange

(B) Gains from specialization

(C) Gains from free trade


68. One major argument in favour of

protection is

(A) infant industry argument

(B) better utilization of resources

(C) development of the economy



is/ are correct?

1. General Agreement on Trade in

Services is a treaty of the World

Trade Organization (WTO)that

entered into force in 1995.

2. All members of the WTO are

signatories to the General

Agreement on Trade in Services.

(A) Only 1

(B) Only 2

(C) Both 1 and 2


70. The balance of payments of a

country is a systematic record of

(A) all visible import and export

transactions of a country

(B) capital movements from one

country to another

(C) economic transaction between

the government of one country

to another


/16

67. ~~~C~~~~~~?

(A) ~c~aws

(B) ~<P~'t CQfC1<tI<PICQiq ~ ~~'t ~ m~ ~~ (WTO)-~ 8 ~~1995 CQfC1<tI<Plc(iq

~ ~~'t ~ >11"1?iq<PI'mI

(A) 'O~ 1

(B) 'O~ 2

(C) 1 2~

(D) ~~ ~

70. ~ C01~C'f~ ~

(A) ~ ~ ~ ~l~'flf.l ~~ ~~

C01~C'fC~~ ~~ ~

(B) ~ ~ CQfC1iq<PICiqiq\5i~ C01~C'fC~~ ~~

~

(D) ~~ C<PI~~ ~

18

71. If autonomous receipts and

autonomous payments are equal to

each other, then

(A) the balance of payments is said

to be in equilibrium

(B) there will be surplus in the

balance of payments

(C) there will be deficit in the

balance of payments


72. In the context of international trade,

'dumping' refers to

(A) sending goods to developing

countries by developed

countries in cheap rates

(B) the distribution of used

products by developed countries

in developing countries

(C) selling a commodity cheaper in

foreign market and costly in

domestic market


73. Which of the following items in the

balance of payments is an invisible

item?

(A) Investment by foreigners

(B) Shipping services

(C) Exports of goods

(D) one of the above

74. Optimum tariff is that rate of tariff

which maximizes

(A) total import duty

(B) the balance of trade

(C) welfare of the country imposing

tariff


/16

71. ~ ~ 9fT~ ~<T~~ ~ ~

~~,~~

(A) CC71~C'f~~ ~HPil~J~

(B) CC71~C'f~~, ~ ~ ~

(C) CC71~C'f~~ ~ QMT ~

(D) t;~ C<tiH~ ~

72. '¢I1~'8T'1~<ti~ ,~ ~~' ~

c<fMIrn

(A) ~ COM~ tr;iHl~iflC71 mxr ~ ~~

(B) ~ COM ~ tr;~{l~iflC71 mxr ~~<T~~

(C) ~~~~~ ~<T~~

mxr~~~~

(D) t;~ C<til~~ ~

73. ~ ~ CC71~C'f~~ ~ ~/~

~ rk<tf51b ?

(A) f.WrfiCt ~ ~'if

(B) ~~

(C) ~~~

(D) t;~ C<til~!t\ ~

74. <ti1~J~~~~ ~ ~ ~ ~~ ~ ~

~<m:f

(A) ~ '¢Il~'fl~ ~~

(B) CC71~C'f~~

(C) ~~ ~~ mxm ~'f

(D) t;~ C<til~!t\ ~

.',','\'

19 [ P.T.O.

75. Under a freely flexible exchange rate

system, a deficit in the balance of

payments of a country is

automatically corrected by

(A) a depreciation of its currency

(B) an appreciation of its currency

(C) domestic inflation


76. The concept of public finance IS

associated with income and

expenditure of a

(A) common man

(B) government

(C) non-government organization


77. The study of public finance IS

irrelevant where there is/ are

(A) market failures

(B) externalities

(C) government


78. Income of a government includes

(A) taxes paid by people

(B) savings made by people

(C) income earned by people


79. Revenue expenditure of

government includes

(A) expenditure for constructing

roads

(B) expenditure for constructing

school building

(C) expenditure for payment of

salary to teachers


/16

a

79. >1~~IC~~ ~ ~ ~ ~~ \5l~~\§

~

(A) ~ ~'f ~~ <mf

(B) RIfJIi11~~ ~'f ~~ <mf

(C) 14~~clf~ c<lWol ~ ~~ <mf

(D) ~~ C<PH~ om

75. <.!l~ ~ ~ ~ ~~ C<t>R ~

~ ~~ ~ ~°Ri>~~IC:q ~~

~~~\5f~

(A) ~1lR~

(B) ~1lR~

(C) \5l1~Jt!!~'f ~al~~

(D) ~~ C~H~om

76. "~~~'lm~~~

(A) <.!l~ ~~'f ~ i!ifrn-<mf

(B) <.!l~ >1~~ICM i!ifrn-<mf

(C) <.!l~ C~~C~ ~~ i!ifrn-<mf

(D) ~~ C~H~om

77." ~~ Dtl ~ ~

~ZlC~I~~~ ~

(A) ~<n~~

(B) :ql~~\!)l ~

(C)~~

(D) ~~ C<PI"'l~ om

78. >1~<plC~~~ ~~ \5l~~\§ ~

(A) ~ ~

(B) ~~~~

(C) ~~~ ~ i!ifrn

(D) ~~ C<PH~ om

20

80. Budget of a government is an

account of

(A) actual income and expenditure

of current year

(B) estimated income and

expenditure of next year

(C) estimated income and

expenditure of current year


81. Compulsory payment, without any

expectation of direct return, made to

the government is known as

(A) gift

(B) tax

(C) duty


82. Which of the following is a direct

tax?

(A) Tax on sale proceeds of goods

(B) Tax on expenditures

. (C) Tax on sale proceeds of services


80. >jiq<1ilCiqiq~ ~ ~

(A) ~ <t~~ ~ \5fm-~ ~1C<1~

~'t

(B) ~~ <t~~ ~ ~-<oorn~lC;qiq ~'t

(C) ~ <t~~ ~ ~-<oorn~>jlC;qiq ~'t

(D) ~~ C<1iH~ ~

81. C<1iHiq<1i~ ~ ~R>'flC~iq \5ijXfl ;n ~>jiq<1iliqC<1i<tl~J~l~01<1i~lC;q ~ ~ ~ ~

~~

(A) lfR

(B) ~

(C) ~~

(D) ~~ C<1il~~ ~

82. ~~~~?

(A) ~-RI1l"W8t~~ \SIl'flC~iq ~~ ~

(B) ;qJ~>j~C~~ ~~ ~_ ~

(C) ~-RI1l"~'8f~~ \SIl'flC~iq ~~ ~

(D) ~~ C<1iH~ ~

83. ~~~

(A) ~ '8 ~~ I.€l~ <nR3>c~~

(B) ~~~~~DT~~

(C) ~ '8 ~~ ~ ~ <nR3>c~~

(D) ~~ C<1il~~ ~

83. In case of direct tax

(A) impact and incidence of tax fall

on same person

(B) shifting of tax burden is possible

(C) impact and incidence of tax fall

on different persons

(0) one of the above

84. A good tax system should be

(A) complex

(B) inelastic

(C) unproductive


/16

84. I.€l~ ~ ~ <tJ<OO~-sm~

(A) ~

(B) \SI~R>~l~

(C) '\SIOi~9jI'f~ijM

(D) ~~ C<PI~~ ~

21 [ P.T.O.

--

85. In order to reduce inequalities, a

government should adopt

(A) proportional system of taxation

(B) progressive system of taxation

(C) regressive system of taxation


86. Wagner's law is related to

(A) principles of taxation

(B) public expenditure

(C) positive externality


87. Public expenditure on defence is

(A) public goods

(B) public investment

(C) public consumption


88. An increasing trend of public debt is

observed, if there is

(A) balanced budget

(B) surplus budget

(C) deficit budget


89. One of the instruments of fiscal

policy is

(A) changes in

expenditure

(B) changes in supply of money

government

(C) open market operation


/16

85. ~ ~ ~ ~ c<fR >j~~ICM ~'1 ~

~

(A) ~~~9f~

(B) ~'i~~9f~

(C) ~~~~9f~

(D) ~~ C~H~ om

86. ~~~~~~~, ~~

(A) ~~IC~IC~ :rlf0>j~~

(B) ~<ml

(C) ~ <11~<fi"1

(D) ~~ C~H~ om

87. ~. ~~~~

(A) 'il~

(B) ~~'il

(C) ~ Ci5T'il

(D) ~~ C~H~ om

(A)

(B) ~~~

(C) ~~~

(D) ~~ C~H~ om

89. ~1\l3fC<fiI·1~~ ~ ~Jf0~I~~farn I!l~

~

(A) >j~<fil~ ~ ~

. (B) ~~~~~

(C) ~1i711<11\l3fIC~~1~<1IC~~*(D) ~~ C~H~om

22

90. The value of governmentI

expenditure multiplier is

(A) less 1Jlan 1

(B) equa; +

(C) an 1

(D) - A 0 the above

91. Co _ of economic growth and

eco 0 ·c development reveal that

economic growth and economic

development are same concept

(B) concept of economic

development is wider than that

of economic growth

(C) concept ef economic growth is

wider than that of economic

development


92. 'Per capita real income' is an

indicator of

(A) both economic growth and

development

(B) neither economic growth nor

development

(C) economic development only


93. Structural change of an economy is

associated with its

(A) economic growth

(B) economic development

(C) economic growth and

development

(D) None of'the above

94. The maximum value of Human

Development Index is

(A) 1

(B) 10

(C) 100


/16

90. ~<ml~~~~

(A) 1-Ul$f~ <R

(B) 1-Ul$f~

(C) 1-\!l$f ~ ~

(D) ~~ C<PH~ ~

91. ~~ ~ '8 ~~ ~iHlC"'l~ ~'ll

C~~<mT

(A)~~~'8~~~

~Ul~~'ll

(B) ~~ ~ ~'ll$f ~

~~ ~iHR"'l~ ~'fT1U~

(C) ~~ ~iHR"'l~ ~'ll$f ~

~~~~'fT1U~

(D) ~~ C<pl"'l~ ~

92. ~~9f\ ~~' -c<Ii ~ ~ ~ ~

(A)~~~'8~~

~

(B) ~~~<n~~~~

(C) ~~ ~~ ~iHlC"'l~ ~

(D) ~~ C<pl"'l~ ~

93. ~ ~~~C\!) ~~ ~

(A) ~~ ~-\!l$f ~~ ~

(B) ~~ ~-um ~~ ~

(C) ~~~'8~-\!l$f~~~

(D) ~~ C<pH~ ~

~~~~~~

(A) 1

(B) 10

(C) 100

(D) ~~ C<pH~ ~

94.

23 [ P.T.D.

95. Dual economy exists in

(A) highly developed economy

(B) developed economy

(C) underdeveloped economy


96. 'The age of high mass consumption'

is a stage of economic development

according to

(A) Marx

(B) Rostow

(C) Lewis

(D) None of them

97. 'Capitalism' is a stage of economic

development according to

(A) Marx

(B) Rostow

(C) Lewis

(D) None of them

98. Utilization of 'surplus labour' as a

source of economic development has

been proposed by

(A) Marx

(B) Rostow

(C) Lewis

(D) None of them

99. Simultaneous development of all

sectors as a strategy of development

is advocated in

(A) unbalanced growth strategy

(B) balanced growth strategy

(C) technology growth strategy


/16

95. ~ \5f~ M'tJ~H

(A) ~~\5f~

(B) ~ \5f~R>c~

(C) ~ \5f~R>c~

(D) S;~ C<fiH~ ~

96. \5f~ ~ ~ ~ 'ifCfCi5fC'iffl

~'~~~

(A) WJf

(B) ~

C)

(D) ~

97. '~' ~ \5f~ ~:HlC"'1~ ~

~~

(A) WJf

(B) ~

(C) ~

(D) uim~

98. ~ ~~'

(A) WJf

(B) ~

(C) ~

(D) uim ~ er-T

99. ~:HIC"'1~ ~ ~ ~ ~

~~ ~ ~~ ~$l9fl~ ~

(A) ~~~~

(B) >1~~I>1"'9ffi~ ~ ~

(C) 1~~~~~~

(D) S;~ C<fiH~ ~

24

100. Need for choice of production

technique for planned development

has been proposed by

(A) Marx

(B) Rostow

(C) Lewis

(D) None of them

101. Direct benefit of international trade

on economic development includes

(A) change in tastes of consumers

(B) better flow of fmance capital

(C) specialization in production


102. According to Prebisch-Singer thesis,

the terms of trade move against

developing country

(A) in the short run

(B) in the long run

(C) always


103. For developing countries, untied

foreign aid is favourable to tied one,

because

(A) it raises the cost of the project

(B) it helps to make a proper choice

of production technology

(C) it is a specific-propose aid


04. Which of the followinginstitutions is

also known as the World Bank?

ernational Bank for Research

an Development

(B) In ernario al Bank for Resource

and Developmen

(C) International Bank for

Restructure and Development


/16 25

100. '1ffi<pftl'!l tr;iH1C"'l~ ~ ~~9fT>R ~

~ ~C{lII8T~{l'!lI~ ~ ~

(A) ~

(B) ~

(C) ~

(D) uTm ~~

101. ~~ ~ ~1~18'(]~<p ~. ~~

~~~~~\&~

(A)~m~

(B)~~~~~

(C) ~~~ ~"1~I{l"'l

(D) ~~ C<PI"'l~ ~

C~-~ ~ ~"i~fm ~-~tr;::l{l"'lifti7J ~ ~ ~

(A) 1$l<pICi7J

(B) Tn(ctiICi7J

(C) ~

(D) ~~ C<PI"'l~ ~

102.

103. tr;::l{l"'lifti7J ~ ~ ~~ C<qCifm

>j1~~J~ ~~~~~

~'l

(A) ~m~<mT~~

(B) ~~ ~ ~~~ ~~9fT>R-1~~ ~'l

~~~

(C) ~mM tr;CliiC"lJ ~ ~

(D) ~~ C<pl"'l~ ~

f.:lilfal~~~~ ~ttJ ~ "R'5l<qlll$

~~?

(A) International Bank for

Research and Development

(B) International Bank for

Resource and Development

(C) International Bank for

Restructure and Development

(D) ~~ C<PI"'l~ ~

104.

[ P.T.D.

--

105. Sustainable development is

concerned with economic

development of

(A) present generation

(B) future generation

(C) both present and future

generations



not true for Indian economy?

(A) Low level of per capita income

(B) High level of population

pressure

(C) Decreasing rate of capital

formation


107. Trend of Indian national income

since Independence reveals that

(A) contribution of agriculture

sector is decreasing

(B) contribution of industrial sector

is decreasing

(C) contribution of service sector is

decreasing


108. The most recently revised base year

for estimating Indian national

income is

(A) 2011-12

(B) 2012-13

(C) 2013-14


109. Since 1981, the growth rate of

India's population reveals that India

is now in the phase of

(A) stagnant population

(B) steady growth

(C) rapid high growth


/16

105. ~<l~-i"qil ~ ~ ~ ~~

'@iH1C~iq~Qfl ~ ~ ~ ~

(A) ~~

(B) ~~~

(C) ~'8~~~

(D) ~~ C<PH~~

106. ~liqC~iq ~~ ~ !ireD C'f-sm ~

~1R>ro~~?

(A) ~Qfl ~ ~ ~ f.li

(B) ~o~ DTC9f$T ~ ~

(C) ~~~~~

(D) '@~ C<PH~ ~

107. ~~-~ ~liqC~iq ~ ~

~-~C~~~~

(A) 1~C1PCl1liq ~ <pC'if ~

(B) ~$lC1PCl1liq ~ <pC'if ~

(C) C>t<qIC1PCl1liq~ <pC'if ~

(D) ~~ C<PH~ ~

108. ..i~C•.~ ~ ~ ~ ~fi'rn~~~¢ •.' ~ R-R3:ql:lfG ~

(A) 2011-12

(B) 2012-13

(C) 2013-14

(D) ~~ C<PI~~ ~

109. ~liqC~iq~~~ 1981-~~~

~R;c~ ~liq~Ciifli7j~~~ ~

(B) ~~~~~~

(C) '@tNJCiq ~~ ~~~ ~

(D) ~~ C<PH~ ~

26

110. - 110. c<fiR ~~ 'tlfiilatJ~ ~~ ~,

~~f.f~'T~~

(A) ~@f~~

(B) ~~

(C) ~~'if

(D) ~~ C<Pl~~ Offl

region, one

e above

Ill. r which provides highestIll. ""1~C\!)~ ~ C'*illroC\!) m~ <P~C~I'if ~

ent in India is~~

_..•. . dustry(A) m

) service(B) ~

(C) agriculture(C) ~

(D) None of the above(D) ~~ C<PH~ Offl

112. Growth of agriculture in India IS

hampered by 112. ""1~C\!)~ ~ ~~~~ ~~ ~'T ~

(A) land reform (A) ~~~

(B) Green Revolution (B) ~~~

(C) White Revolution (C) ~~~

(D) None of the above (D) ~~ C<PH~ Offl

113. In India, Intensive Agricultural 113. ""1~C\!)~ ~ ~ ~ ~~ ~.District Programme is the starting

~~~~point of

(A) ~~~(A) land reform

(B) Green Revolution(B) ~~~

(C) White Revolution(C) ~~~

(D) None of the above(D) .~~ C<Pl~~ Offl

114. ~ ~~ ~ ~ ~;qC~faI\!) ~ ~114. Green Revolution has neglected the

issue of ~

(A) production of commercial crop (A) ~-~ ~~9fllM

(B) use of fertilizers (B)~~

(C) agricultural institutional reform (C) 1~C,*Cill ~1R>01~<P ~~

(D) None of the above (D) ~~ C<Pl~~ Offl

116 27 [ P.T.O.

115. Land reform measures do not

include

(A) establishment of land bank

(B) tenancy reforms

(C) ceilings on landholding


116. Agricultural labourers of India are

poor, because they are

(A) organized

(B) seasonally employed

(C) constantly in debt


117. To improve the condition of

agricultural labourers ill India,

which provision is in existence?

(A) Factories Act

(B) Land Acquisition Act

(C) Minimum Wages Act


118. Non-institutional source of rural

credit in India includes

(A) commercial banks

(B) cooperative societies

(C) rural moneylenders


119. The functions of NABARD do not

include

(A) providing loans to farmers

(B) providing loans to State

Cooperative Banks

(C) providing loans to Regional

Rural Banks


/16

115. ~ ~~ ~ \5l~~'& om

(A) ~-~~'>R

(B) <.f~~~

(C) \S!!)l~Ifa1<flHIi:l~ ~

(D) \;~ C<flH~ om

116. ~1i:lC~ ~-!1!)lC<fli:l1 fi, ~ urm

(A) ~~~

(B) ~i:l'PI~M<fi m'ifm~

(C) ~ ~

(D) \;~ C<fiH~ om

117. ~I~C~ ~ -!1!)l<flC'T~ ~ "\SfOU c<PR.

(U<l~lfG~?

(A)~~

(B) ~-~'l~

(C) ~~~

(D) '\;~ C<flH~ om

118. ~I~C~ ~'l ~'rn ~-~1R>01f.1<fi\;~~ ~

(A) ~ <lJI\$>j~~

(B) ~ >j!)lR>>j~~

(C) ~'l ~~\S!"'l~~~

(D) \;~ C<flH~ om

119. NABARD-Ul~~ ifC~ ~ \5l~~\§ om~~

(A) 1~<flC<fl~'l~

(B) ~~~~'l~

(C) ~~ ~'l ~ ~'l~

(D) \;~ C<flH~ om

28

m 120. ~1~C~ ~'f ~'f~ ~ ~ ~~1Cf

~~

(A) \5ij~ ~'f <lJlqi>j~~

(B) ~ :cqJlqi>j~~

(C) ~ >j~~>j~~

(D) ~9fm C<Pl"'l~-.:rn

120.

121. ~1~C~ ~~ fiC1$1~~~~ ~ ~ ~

(A) 1947~

(B) 1948 ~

(C) 1949 ~

(D) ~9fm C<Pl"'l~ -.:rn

•

(A

(B

(C

(D

122. 1991 ~ ~1~C~ ~ film ~~ ~'6l&~'{9 ~

(A) '6l"'l~~~ fiCm ~~C>j~ ~

(B) ~~~~'f

(C) >j~<plffi ~ ~fl ~

(D) ~9fm C<Pl"'l~ -.:rn

123. fiIm-~ '8 9jffibl~<PC't~ mttf C~IC"'lI~

~ f.1i1~~ c<w.\ '6l~C"'l~ ~ COl-sm

~?

(A) Factory Disputes Act

(B) Industrial Disputes Act

(C) Industries Disputes Act

(D) ~9fm C<Pl"'l~ -.:rn

124. ~1~C~ film !l~<PC't~ ~ >jl~I~<P ~

~~~

(A) Employees' Provident Fund

(B) General Provident Fund

(C) Legitimized Provident Fund

(D) ~9fm C<Pl"'l~-.:rn

29 [ P.T.D.

121. -cy Resolution in

'=-c.:.,,,,,'-'l.ed in

__-9

.one of the above

122. Industrial Policy Reforms adopted in

India in 1991 includes

(A) strict industrial licensing policy

(B) strict regulations on trade

(C) less importance to public sector


123. Provision of which of the following

Acts is utilized to settle disputes

between industrial workers and

management?

(A) Factory Disputes Act

(B) Industrial Disputes Act

(C) Industries Disputes Act

. one of the above

124. One of e social security measures

for the ind stria! workers in India

includes

(A) Employees' Pro ident Fund

(B) General Provident Fund

(C) Legitimized Provident Fund

None of the above

/ 6

125. One of the functions of the

Industrial Development Bank of

India includes

(A) providing short-term fmance to

industries

(B) providing long-term fmance to

industries

(C) providing insurance benefits to

industries


•

126. Import of consumer goods and

foodgrains in post-independent

India has been showing

(A) an increasing trend

(B) a decreasing trend

(C) an undecided trend


127. Share in export in India is gradually

increasing for which of the following

types of product?

(A) Agricultural goods

(B) Manufactured goods

(C) Minerals


128. Indian balance of payments has

become moderately unfavourable

due to the positive impact of which

of the following?

(A) Invisible balance

(B) Trade balance

(C) Current account balance


129. Special Economic Zone (SEZ) is a

feature of which of the following?

(A) EXIM Policy, 1985

(B) EXIM Policy, 1990

(C) EXIM Policy, 2002


116

125. 'eliqC~iq ¥lCtlIiHl~ ~ ~ ~ ~~

~~~

(A) fiCltlC'lI'CJl1tlC~~ffll ~'1~

(B) ¥ltlC'lI'CJl ~\{C~~I~ ~'1~

(C) fiCltlC'lI'CJl~-~1:fT ~

(D) ~~ C<PH~ om

126. "1t~-~ 'eliqC~ ~~ '8 ~"lC>jHl

15l1~'TI~C~~ ~ ~

127. 'eliqC~iq ~~ ~ ~ C<f5R.~

~~~~~~?

(A) ~~

(B) ~~

(C) m~(D) ~~ C<pH~ om

128. ~liqC~~ ~ ~ ~ ~

~~~~C<PHmiq~

~?

(A) ~

(B)~~

(C)~~

(D) ~~ C<PI~~ om

129. ~ ~~ ~~ (SEZ) ~ilM~

C<PI~miq~ ~ ?

(A) 15l1~'TI~-~~~, 1985

(B) 15l1~'TI~-~~~, 1990

(C) 15l1~'Tl~-~~~, 2002

(D) ~~ C<PI~~ om

30

130. •• index which is used 0 depict

all foreign trade si 0 is

unit value index

olume index

--erms of trade

. -one of e ve

130. C<qC'Tfit1<ti~ ~ ~ ~

~~~~~~~

(A) ~~~~

(B) ~'l~~

(C) ~~

(D) ~~ C<PH~ ~

131. ~liqC~ ~ ~ ~ ~9f\5

~~~~~~~~

(A) .~~

(B) ~~

(C) ~Ci1JI£'&~

(D) ~~ C<PH~ ~

131. e taxes imposed by the

ent of India includes

ersonal Income Tax

. gricultural Income Tax

C alue-Added Tax


132. ~liqC~ ~ >iiq<pliq>i~~ ~ ~9f\5

~~~~~~~

(A)~~

(B) ~ (Wealth) ~

(C) lff.l ~

(D) ~~ C<PI~~ ~

133. ~ 9fro ~~~ ~ ~liqC~iq ~~ ~Q(

~~~

(A) C<pi8 '8 ~~farn ~~ ~ ~ ~.<T~~

(B) C<pi8 '8 ~~~ ~~ ~ ~ ~

~<T~~

(C) ~ '8 ~~farn ~~ ~ ~1~J~'l

~~9fttR <T~ ~

(D) ~~ C<PH~ ~

(A) ~~

(B) ~~~

(C) ~~qj~~

(D) ~~ ~Ofol

31 [ P.T.O.

132. One of the taxes imposed by State

Governments of India includes

(A) Corporation Tax

(B) Wealth Tax

(C) Gift Tax


133. Finance Commission is appointed by

the President of India every five

years for

(A) distribution of net tax proceeds

between the Centre and the

States

(B) distribution of net non-tax

proceeds between the Centre

and the States

(C) Distribution of net domestic

product between the Centre and

the States


134. The present Governor of Reserve

Bank of India is

(A) Raghuram Rajan

(B) .Urjit Patel

(C) Arundhuti Bhattacherjee

(D) None of them

I 6

135. Monetary Policy of India is framed

by

(A) Central Commercial Bank

(B) State Bank of India

(C) UCO Bank


135. ~HIC~~ ~ ~ ~~ ~

(A) ~ <p~lIfiCf~10'1<l1N

(B) c>W <l1N ~ ~

(C) ~<Wl>'

(D) ~~ C<PH~ -;rn

ooU 9jR:l<P$Hl ;q~ICijf~ ~ ~ ~

~ ~ ~ <Iim ~C~~i11

(A) ~~ 9f"t3;ql~ 9j~<P$F1l~

(B) ~~ 9f"t3;ql~ 9jR:l<P$Hl~

(C) ~ 9f"t3;ql~~ 9jR:l<P$Hl~

(D) ~~ C<Pl~~ -;rn

136. The highest proportion of total 136.

outlay was assigned for agriculture

in the

(A) First Five-Year Plan

(B) Fourth Five-Year Plan

(C) Sixth Five-Year Plan


137. The highest per hectare yield during

the plan period was observed for

which of the following foodgrain

crops?

(A) Rice

(B) Wheat

(C) Other cereals


138. Creating a base for heavy industries

was given the highest priority in the

(A) First Five-Year Plan

(B) Second Five-Year Plan

(C) Third Five-Year Plan


139. The rate of industrial growth during

the plan period has been gradually

(A) rising

(B) falling

(C) fluctuating


/16

137. 9jR:l<P$l~I<PICi7I~ 'Wrr"lC>jJ~ ~ ~

~ ~~9fT1M 9fR:li71~~ ~ ?

(A) WI

(B) ~

(C) ~ IfHl"PfJ

(D) ~~ C<PH~-;rn

138. ~ ~ ~~ ~ C'f\$m

~C~~i11

(A) ~~ 9f"t3;ql~ 9f~<p$l~I~

(B) ~ 9j"t3;qI~ 9jR:l<p$l~I~

(C) ~&I~ 9f"t3;ql~~ 9jR:l<P$l~I~

(D) ~~ C<Pl~~ -;rn

(A) ~

(B) ~

(C)~~

(D) ~~ C<Pl~~ -;rn

32

----

140. Ct~man of the newlv-

.-..ayogis

(A) .- :~bramanian

(8 .- • anagariya

(C . oshi

them

140. "1<t~ ~ ~~ ~'1-~~ ~

(A) ~ >J.Sl'4lPl~1"l

(8) ~ 9fRl'ifM

(C)~~

(D) ~Vffl ~~

141. ~ C<PI~fGC<fi8 ~-~ f5"Jr ~~?

(A) ~ COf~

(B) ~ f5"Jr

(C) ~

(D) ~~ C<fil"l~ ~

142. Ogive ~ ~ <Iim ~ ~

(A) ~'~ ~~~~ ~

(B) ~'~ ~~~~ ~

(C) (A) ~<l~ (B) ~

(D) ~~ C<fil"l~ ~

143. ~ ~ ~ ~ ~~~C<P ~ ~ ~'if

~'if~~~

(A) ~

(B) ~~

(C) ~~

(D) ~~ C<fil"l~ ~

141. t: the following is a

sional diagram?

diagram

_ ?A chart

~raph

_•one of the above

144. ~ ~ ~~~ 8, 9, 10, x, 6, 5 '-8

10-~~~ ~ 9 ~, ~ ~~ ~~~

x-~~~~

(A) 13

(B) 14

(C) 15

(D) ~~ C<fil"l~ ~

~~~~~~8~~

(A) ~

(B) ~

(C) ~~'

(D) ~~ C<fiH~ -;m

142. ;. e graph can be constructed for

- 'more than' type of distribution

3 'less than' type of distribution

Both (A) and (B)

None of the above

145.

33 [ P.T.O.

143. The central value which divides a

distribution into two equal parts is

known as

(A) mean

(B) median

(C) mode


144. If arithmetic mean of seven numbers

8, 9, 10, x, 6, 5 and 10 is 9, then the

missing number x equals

(A) 13

(B) 14

(C) 15

(D) one of the above

145. An index number is a specialist type

of

(A) average

(B) dispersion

(C) percentage


/16

146. An example of relative measure of

dispersion is

(A) mean deviation

(B) standard deviation

(C) range


147. Which of the following is a unitless

measure of dispersion?

(A) Mean deviation

(B) Standard deviation

(C) Coefficient of variation


148. If correlation coefficient of variables

.x and y equals zero, then x and yare

(A) positively correlated

(B) negatively correlated

(C) uncorrelated


149. Which one of the following cannot

be the product of two regression

coefficients?

(A) Less than I

(B) Greater than I

(C) Equals to I


150. If Y = mx+ c is an equation of

straight line for variables x and y,

then m is known as

(A) power

(B) root

(C) slope


/16

146. ~J~~ ~~ ~~ ~~ ~'l

~

(A) '*~ (MD)

(B) ~~(SD)

(C) -mrn (Range)

(0) ~~ C<flH~ -m

147. Plil~~ C<fll;$ ~J~~ ~"<flfiJ ~~

~9f?

(A) '*~ (MD)

(B) ~~ (SD)

(C) ~ ~'if (Coefficient of

variation)

(D) ~~ C<flH~ -m

148. ~ WG ~ x '8 y-I.€l~ ~:~~ ~'if

(correlation coefficient) ~ ~

~,~ xl.€l<l~ Y

(A)~~

(B) f<t~~

(C)~

(D) ~~ C<fll"i~ -m

149. Plil~~ C<fll;$ WG m-R (regression)

~~ ~~ ~ 9flVf on ?

(A) l-~~~

(B) l-~~~

(C) I-I.€l~~

(D) ~~ C<fll"i~ -m

150. ~ lft ~ X '8 y-~~ ~~

>t~C7jC~~ ~~ Y = mx+ c~, ~

m-C<p <Tan ~

(A) ~

(B) ~

(C) 1JM

(D) ~~ C<fll"i~-m

34

ROUGH WORK I ~ ~ ~ ~~

\

\

\

\\I

***

l P.T.O.35

/16

:READ THE FOLLOWING INSTRUCTIONS CAREFULLY:

M~f6l~ MC(lC\I;q~ ~<mf ~ :

1. Out of the four alternatives for each question, only one circle for the correct answer is to be darkenedcompletely with Black Ballpoint Pen on the OMR Answer Sheet. The answer once marked is not liable to bechanged.

~ m'!rn ~~ ~ m1t ~ Ctf-sm~"'f C~~~~~ ~ ~ OMR ~~ W3m~~<fOl~

~"'ffin~~9(~~~~~ 11!l~~~~~ C~~"I5/R ~~~on 1

2. The candidates should ensure that the Answer Sheet is not folded. Do not make any stray marks on the AnswerSheet. Do not write your Roll No. anywhere else except at the specified space on the OMR Answer Sheet.

~&l'rnT c<I'R~ OMR ~~ ~ ~ ~ 1 OMR ~~ c<l'RlSffl 1fT'If~ ~ ~ ~ ~ on 1 ~Ql'rnr ~~ ~ ~~ ~ ~ ~'1fT ~ ~ CCliRIS~'1frn ~ on 1

3. Handle the Question Booklet and Answer Sheet with utmost care, as under no circumstances (excepttechnical defect), another set will be provided.

OMR~~ I!l~~2!!1~~~~~~~ 1CCliRIS\5I<qt:tN\(~'T~ IS~'SI\3~~) OMR~~

IS2!!1~ ~ ~ ~ on 1

4. The candidates will write the correct Question Booklet Number and OMR Answer Sheet Number in theAttendance Sheet.

~~ \5IJlCUC<S+i~-I!l ~ OMR ~~ ~ I!l,\,~2!!1~ ~ f.l~"'I5,,<q~ ~ 1

5. Candidates are not allowed to carry any textual material, printed or written, bits of papers, pager, mobilephone, electronic devices or any other material except the Admit Card and Photo Identity Card inside theExamination Hall/Room.

~~ ~~ ~~ lfIiGr \5I\""",,ro~~~ ~ CCliRIS~9fTCOlT~~CfiT~, ~ IS~~~, C~, ~ Cll'R,

~ c<l'RlS~ ~Cli ~'l f.IDi ~ ~/~ ~ ~ CtflSm~ on I'

6. Each candidate must show on demand his/her Admit Card and Photo Identity Card to theInvigilator / Examination Officials.

~Wf\"i~~C..,ti!l~~\<Il~~~~Cil~-'l~~~~~WI~~~~~CfiTiSIS

lfIiGr \5Il\CIS"i1U1UCfiTiS~ ~~ ~ 1

7. No candidate, without special permission of the Centre Superintendent or Invigilator, should leave his/herseat.

~ ~1trn"iCU"iCl5ot~ \"i~~C"'Uil I!l~~ ~ ~ ~~ ~ WI ~ ~ ~ ~ ~ ~ ~ 1

8. Candidates will have to sign twice in the Attendance Sheet presented by the Invigilator on duty; first aftertaking their seats in the Examination Hall/Room and second at the time of handing over their OMR AnswerSheet to the Invigilator. .

~~\"i~~C"'UCi!lil~\5IJlCUC~+i~~~~~,~~~WI~~~'Ti!I~I!l,\,~~

\"i~~C"'UCililf.i<WOMR ~~ ~ Ctf~ ~ 1

9. The candidates should not leave the Examination Hall/Room without handing over their OMR Answer Sheetto the Invigilator on duty and signed the Attendance Sheet twice. Cases where a candidate has not signedthe Attendance Sheet a second time will be deemed not to have handed over the Answer Sheet and dealt withas an unfair means case.

\5IJlCUC~+i~-I!l~~~I!l~~~\"i~~C"'Ui!I-I!l~f.i<W~~~W3m~CCliRIS~~~~~'If~

~ on IlI1i:f ~IS ~~ \5I/lCUC<S+i~-I!l ~.~ on ~ \3c<l ~ ~ OMR ~~ ~ ~ ~ 'If'1J~ I!l,\,~\3T

~<I'Pf~~~1

10. Use of any type of calculating device is prohibited.

~ ~IS ~ /I..,tC..,tCilil~ ~~9( ~ 1

11. The candidates are governed by all rules and regulations of the Board .with regard to their conduct in theExamination Hall/Room. All cases of unfair means will be dealt with as per rules and regulations of the

Board.

~~/~~~ ~~~'T ~~ IS~~~~ 1~ ~ ~<I'Pf ~~ IS~

~~~I

12. No part of the Question Booklet and OMR Answer Sheet shall be detached under any circumstances.

~IS ~ 2!!1~ I!l~~OMR ~~ ~IS i5[~ ~ ~ 'i5/T01TI'iT ~ ~ on 1

13. On completion of the test the candidate must hand over the OMR Answer Sheet to the Invigilator in theHall/Room. The candidates are allowed to take away this Question Booklet with them.

~C"Tlf~~~~~~~ OMR~~'~\"i~~C"'UCili!l~~~ 1~~I!l\2!!I~~~Q/

f.mT~~1

/16 36 KK6-60

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