1. The
Durbin-Watson test is used for?
(A) Autocorrelation
(B) Multiple
correlation
(C) Partial
correlation
(D) Simple
correlation
2. The
following Industrial Policy Resolution is known as the Economic Constitution of
India?
(A)
Industrial Policy, 1948
(B)
Industrial Policy, 1956
(C)
Industrial Policy, 1980
(D)
Industrial Policy, 1991
3. Under the
second degree of price discrimination in discriminating monopoly, the buyers
are divided into?
(A) One
single group only of all buyers
(B) Two
groups only of all buyers
(C) Many
groups of buyers according to their demand
(D) Number of
groups which is equal to number of buyers
4.If an
economy is purely competitive static economy, then the economic profit will be?
(A)Minimum
(B) Maximum
(C)Zero
(D) Negative
5.Who is
known as the „Architect‟ of Indian Planning?
(A) Dadabhai
Naoroji
(B) M.
Visvesaraia
(C) P. C. Mahalanobis
(D) Ardeshir
Dalal
6. The
entertainment tax in India
was first introduced in the State of?
(A)Bengal
(B)Bihar
(B)
(C) Rajasthan
(D) Maharashtra
7. The
Laffer curve shows the relationship between?
(A) Per
capita income and environmental pollution
(B) Rate of
unemployment and rate of inflation
(C) Tax rate
and tax revenue
(D) Economic
growth and income inequality
8. The shape
of the indifference curve indicates?
(A) Income of
the consume
(B) Taste of
the consumer
(C) Prices of
the commodities
(D) Quality
of the commodities
9. Which of
the following has highest quantitative value in a positively skewed
distribution?
(A)Mean
(B) Median
(C)Mode
(D) First
quartile
10. Which of
the following is also known as mixed sample?
(A)
Systematic sample
(B) Stratified
sample
(C) Random
sample
(D)
Multi-stage sample
11.According
to Harvey Leibenstein, two types of incentives work in under-developed
countries?
(A)
Positive-sum incentives and Negative-sum incentives
(B) Zero-sum
incentives and negative-sum incentives
(C)
Positive-sum incentives and Multiple-sum incentives
(D) Zero-sum
intcentives and Positive-sum incentives
12. During
recent past, the highest GDP growth rate has been achieved in the year?
(A)2005-06
(B) 2006-07
(C)2007-08
(D) 2008-09
(A)
Increasing, but positive
(B)
Increasing, but negative
(C)
Decreasing, but positive
(D) Decreasing,
but negative
14. The
doctrine of consumer‟s surplus is based on?
(A)
Indifference curve analysis
(B) Revealed
preference analysis
(C) Law of
substitution
(D) Law of
diminishing marginal utility
15. If two regression lines are perpendicular to each other, the correlation coefficient will be?
(A)+1
(B) —1
(C)Zero
(D) Indetermined
3 Comments
Thanks for sharing this topic with us.
ReplyDeleteEconomics is a subject that requires a lot of practice if you want to score well in exams. Most of the students focus only on their preparation they forget to do tests and practice for the exam. My best strategy for scoring well in the exam is attempting a lot of MCQs before my exams. It is an interesting way of practice
ReplyDeleteAnswers are wrong... Ques 5,6 ...and many more ques..provide correct answers
ReplyDeletePost a Comment