1. The „Swiss
Formula‟
of World Trade Organisation is related with?

(A) Patent of
drugs

(B)
Agricultural subsidy

(C)
Transboundary services

(D)
Non-agricultural tariff

2. The
Securities and Exchange Board of India has recently made the rating of Initial
Public offerings mandatory. The total number of such grades are?

(A)Three

(B) Four

(C)Five

(D) Six

3. Consider the
following statement— “Once a person has spent his entire income, he would have
maximized his total pleasure from it only if the satisfaction gained from the last
item of each commodity bought was the same for the each commodity.” The above
statement is related to?

(A) Gossen‟s
First Law

(B) Gossen‟s
Second Law

(C) Gossen‟s
Third Law

(D) Gossen‟s
Fourth Law

4. Which of the
following results in an increase in inventory sales ratio?

(A) A decrease
in the cost of holding inventory

(B) An increase
in probability delivery delays for materials

(C) A decrease
in the probability delivery delays for materials

(D) An increase
in the cost of: holding inventory

5. For
implementing a comprehensive Khadi Reform Programme, a financial aid of $ I
million over a period of three years has been tied up with?

(A)
International Monetary Fund

(B)
International Development Agency

(C) Asian
Development Bank

(D)
International Finance Corporation

6. For n
consecutive natural numbers, the following relationship is correct?

(A) Mode = Mean

(B) Mean =
Median

(C) Mode >
Median

(D) Mode <
Mean

7. The measure
of the degree of association between the values of two random variables is
called?

(A) Correlation

(B) Association

(C) Regression

(D) Co-variance

8.The current
level of maternal morality rate in India is approximately?

(A) 150 per one
lac live births

(B) 250 per one
làc live births

(C) 350 per one
lac live births

(D) 450 per one
lac live births

9. In any set
of numbers, the geometric mean exists only when all numbers are?

(A) Positive

(B) Negative

(C) Zero

(D) Positive,
zero or negative

10. If correlation coefficient is
equal to zero, then variables will be?

(A)Associated

(B)Correlated

(C)Independent

(D) Dependent

11. The concept
of Adjusted Net Saving has been given by?

(A)Hamilton

(B) Friedman

(C)Keynes

(D) Pigou

12.
Harris-Todaro model is related with?

(A) Growth and
unemployment

(B) Growth and
migration

(C)
Unemployment and migration

(D)
Unemployment and inflation

13. Density
test is used for?

(A) Median

(B) Mean

(C) Mode

(D) Quartile

14. In the
Keynesian saving function, the parameter is ?

(A) Disposable
income

(B) Total
saving

(C) Marginal
propensity to save

(D) Autonomous
saving

15. A simple
correlation can defined as the tendency of?

(A) Independent
variation

(B) Dependent
variation

(C)
Simultaneous variation

(D)
Instantaneous variation

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