1. The user
cost of capital is?
(A) The real
rate of interest plus the rate of depreciation
(B) The nominal
rate of interest plus the rate of depreciation
(C) The real
rate of interest only
(D) The nominal
rate of interest only
2. The number
of items reserved for the exclusive manufacture by micro and small enterprises
is currently?
(A) Less than
25
(B) Less than
50
(C) Less than
75
(D) Less than
100
3. A new
housing price index RESIDEX has been launched by?
(A) Central
Statistical Organization
(B) Planning
Commission
(C) Housing
Development Finance Corporation
(D) National
Housing Bank
4. Which one of
the following is not a feature of current Indian Planning?
(A) Structural
Planning
(B) Indicative
Planning
(C) Functional
Planning
(D)
Decentralised Planning
5.The concept
of disinvestment was introduced by?
(A) Friedman
(B) Kaldor
(C)Keynes
(D) Myrdal
6. Which of the
following is average of second order?
(A) Arithmetic
mean
(B) Geometric
mean
(C) Second
quartile
(D) Standard
deviation
7. Which
average is most affected by the extreme observations?
(A) Arithmetic
mean
(B) Geometric
mean
(C) Median
(D) Mode
8. If the
covariance of two variables is equal to the product of the standard deviations
of the variables, then the correlation coefficient will be?
(A) -1
(B)+1
(C) 0
(D) Between 0
and -1
9. The term
„Animal Spirit‟ was used by Keynes for?
(A) Consumption
(B) Investment
(C) Income
(D) Interest
10. The index
of Financial Inclusion has been launched for the first time in 2008 by?
(A)
Confederation of Indian Industries (CII)
(B) Federation
of Indian Chamber of Commerce and Industry (FICCI)
(C) National
Council of Applied Economic Research (NCAER)
(D) Indian
Council for Research on International Economic Relations (ICRIER)
11.The
elasticity of factor substitution for constant elasticity substitution
production function is always?
(A) Zero
(B) One
(C) A positive
value
(D) A negative
value
12.The Revealed
Preference theory assumes?
(A) Weak
ordering
(B) Strong
ordering
(C) Constant
ordering
(D) Multiple
ordering
13. Which of
the following is not an item of transfer payment?
(A)Pension
(B) Scholarship
(C)Dividend
(D) Subsidy
14. The number
of women entrepreneurs in small scale industrial region is highest in the state
of? (A) Karnataka
(B) Kerala
(C) Maharashtra
(D) Tamil Nadu
15. Which of
the following is not an effect of lump sum tax imposed on monopolist?
(A) Output sold
is unchanged
(B) Price is
unchanged
(C) Profit
reduces
(D) Incidence
of tax is wholly on buyer
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