PAPER-III
ECONOMICS






J-01-16 1 P.T.O.


ECONOMICS
Paper III

Note This paper contains seventy five objective type questions of two marks each. All questions are compulsory.
1. Consider the following statements about the Lorenz curve
I. The degree of income inequality will be higher, farther the Lorenz curve is from the line of equal distribution.
II. The limits of Lorenz ratio are 1 L 1
III. The degree income inequality will be lower, closer the Lorenz curve is to the line of
equal distribution.
Select the correct answer from the codes given below

Codes

Only I I and II


I and III Only II


2. Match List I with List II and select the correct answer from the codes given below the lists
List- I List- II
(Profit Theory) (Economist)

a.
Innovation i. F.H. Knight

b.
Rent of Ability ii. J.A. Schumpeter

c.
Risk and Uncertainty iii. G.L.S. Shackle

d.
Potential Surprise iv. F.A. Walker



Codes
a b cd

i ii iii iv


ii iv iiii


iiii ii iv


iv i iii ii


3. Consider the following statements in relation to current agrarian crisis in India
I. Indebtedness of farmers has increased.
II. Lack of adequate marketing facilities and presence of middlemen distort the agricultural prices.
III. MNREGA Scheme
Select the correct answer from the codes given below


Codes


I and II II and III


II only I and III


†£ÖÔ


¿ÖÖáÖ
¯ÖÏ
¿®Ö¯Ö¡Ö III
™Ïë ¢Ö¸ãÏÆÏÛú¯ÖÏêü(2) †ï¿®Ö †×®Ö¾ÖÖ.Ô ï
®ÖÖêü ‡ÃÖ ¯Ö¿®Ö¯Ö¡Ö ´Ö¯Ö"ÖÆüü ²ÖÆü­×¾ÖÛú»¯Öß.Ö ¯Ö¿®Ö üï… ¯ÖŸ.Öê¿®Ö Ûú ¤Öê ÓÛú Æü … ÃÖ³Öß ¯ÖÏÖÆü…
1. »ÖÖòü®•Ö ¾ÖÛêê´Öë ë ¯Ö¸ü ×¾Ö"ÖÖ¸ü Ûú¸ü …
¸êÎú Ûú ²ÖÖ¸ü ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûú£Ö®ÖÖëòü®•Ö ¾ÖÛêê üÝÖÖ, ˆŸÖ®Öß ÆüÖê
I. ו֮֟ÖÖ Æüß »ÖÖ¸êú ÃÖ´ÖÖ®Ö ×¾ÖŸÖ¸ÎüÞÖ ¸üÜÖÖ ÃÖ¤æ¸ü ÆüÖêß †Ö.Ö †ÃÖ´ÖÖ®ÖŸÖÖ †×¬ÖÛú ÆüÝÖß …
II. »ÖÖò¸üê®•Ö †®Ö¯ÖÖŸÖ Ûúß ÃÖß´ÖÖ‹Ñ 1
III. ו֮֟ÖÖ Æüß »ÖÖ¸êÎüÞÖ üÜÖÖ ÛüÖüß †Ö.Ö †ÃÖ´ÖÖ®ÖŸÖÖ Ûú´Ö Æüê
òü®•Ö ¾ÖÛú, ÃÖ´ÖÖ®Ö ×¾ÖŸÖ¸¸êêú ÃÖ´Öß¯Ö ÆêÝÖÖ, ˆŸÖ®Öß ÆÖÝÖß … ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûú™æüÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö®ÖÖ¾Ö Ûúßו֋
ã
Ûú™æü:
Ûêú¾Ö»Ö I I ‹¾ÖÓ II
I ‹¾ÖÓ III Ûêú¾Ö»Ö II
"Öß-I ÛúÖê"Öß-II Ûú´Ö×»ÖŸÖ Ûúßו֋ †Ö¸"Öß ÛæÖêÛúÖ "Ö.Ö®Ö Ûú¸ü

2. ÃÖæü ÃÖæê ÃÖÖ£Ö ÃÖãêîü ÃÖæú ®Öß"Öêê פü‹ ÝÖ‹ Ûú™üë ´Öë ÃÖü ÃÖÆüß ˆ¢Ö¸ü
ÃÖ"Öß I ÃÖ"Öß II
×ÃÖ¨üÖŸÖ) Ó(†£ÖÔ

¿ÖÖáÖß)
a. ®Ö¾Ö i. Ôü
¾ÖŸÖÔ‹±ú. ‹"Ö. ®ÖÖ‡™
b. .ÖÖêÖŸÖÖ ÛúÖ »ÖÝÖÖ®Öü ii. •Öê´¯Öß™ãü¸ü
Ý..‹.¿Öü
c.
•ÖÖ×ÜÖêÌ´Ö †Öî¸ü †×®Ö׿"ÖŸÖŸÖÖ iii. •Öß. ‹»Ö. ‹ÃÖ. ¿ÖîÛú»Ö

d.
ÃÖÓ³ÖÖ iv. ‹±ú. ‹. ¾ÖÖÛú¸òü


³ÖÖ¾.Ö †"ÖÓ
Ûú™æü
ab cd

i ii iii iv


ii iv iiii


iiii ii iv


iv i iii ii



3. ³ÖÖ¸üŸÖ ´Öë ¾ÖŸÖÔ´ÖÖ®Ö Ûéú×ÂÖ ÃÖÓÛú™ü Ûêú ÃÖ²ÖÓÓ¬Ö ´Öë ×®Ö´®ÖÖÓ×ÛúŸÖ Ûú£Ö®ÖÖë ¯Ö¸ü ×¾Ö"ÖÖ¸ü Ûú¸üë:
I. ×ÛúÃÖ®ÖÖë Ûúß ŠúÞÖÝÖß֟ÖÖ ´ÖÏë ¾Öרéü Æüã‡Ô Æüî…
II. ¯Ö.ÖÖÔ¯ŸÖ ×¾Ö¯ÖÞÖ®Ö ÃÖ×¾ãÖ¬ÖÖ†Öë Ûúß Ûú´Öß ŸÖ£ÖÖ ×²Ö"ÖÖî×»Ö.ÖÖë Ûúß ˆ¯Ö×ãÖ×ŸÖ ÃÖê Ûú×ÂéÖ ´Ö».æÖ ×¾Ö¹ý×¯ÖŸÖ ÆüÖêŸÖÖ Æîü …
III. ´Ö®Ö¸üêÝÖÖ .ÖÖ•Ö®êÖÖ
®Öß"Öê פü‹ ÝÖ‹ Ûú™æüÖë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö.Ö®Ö Ûú¸üë:

Ûú™æü

I †Öî¸ü II II †Öî¸ü III


Ûêú¾Ö»Ö II I †Öî¸ü III


4. By which year, the Central Government has planned to double the income of the farmers

2019 2020


2022 2024


5. As per 2013 estimates, which among the following States had the least Total Fertility Rate

Uttar Pradesh Madhya Pradesh


Kerala West Bengal


6. In which of the following approaches/theory, the rate of growth of population growth is treated as exogenous
I. Classical theory of development
II. Low income equilibrium trap of Nelson
III. Domar growth model
Select the answer from the codes below

Codes

All the three above Only III


Only I and II Only I


7. Gender discrimination index of UNDP is based on which among the following components
I. Reproductible health
II. Empowerment
III. Labour market conditions
Select the answer from the code below


Codes

I and II II and III


I and III All the three above


8. The target inflation rate in the monetary policy by R.B.I. is based on

Consumer Price Index Number Whole Price Index Number


Fisher's Ideal Index Number G.D.P. Deflator


9. Match the following by selecting the correct answer from codes given below List- I List- II
a.
M1 i. M1 saving deposits with post office saving banks

b.
M2 ii. M1 Net time deposits of public with banking system

c.
M3 iii. Currency with the public demand deposits with the banking system other deposits with the RBI

d.
M4 iv. M3 all deposits with post office saving banks (excluding National Saving Certificate.)



Codes
a b cd

iii i ii iv


i ii iv iii


ii i iv iii


iii iv i ii




4. ×ÛúÃÖ ¾ÖÂÖŸÖÛú Ûú¦ü ÃÖ¸ÛúÖ¸ü «üÖ¸üÖ ×ÛúÃÖÖ®ÖÖÛúß †Ö.Ö ¤üÝÖãê Ûúß .ÖÖ•Ö®ÖÖ
Ô ëüë Öê®ÖÖ×Ûú‹•ÖÖ®ÖêÆü

2019 2020


2022 2024



5. 2013 Ûú ¯ÖÏë Ûú †®Öãü ×®Ö´®ÖÖÓë ÃÖê ×ÛúÃÖ ¸üÖ•.Ö ´ÖÏüü ÃÖê
êÖŒÛú»Ö®ÖÖêÃÖÖ¸×ÛúŸÖ ´Öë ÃÖÛú»Ö ¤¸²ÖÃÖÛú´Ö £Öß

ˆ¢Ö¸ü ¯ÖϤüê¿Ö ´Ö¬.Ö ¯Ö¤Ïüê¿Ö


Ûêú¸ü»Ö ¯Ö׿"Ö´Ö ²ÖÓÝÖÖ»Ö



6. ×®Ö´®ÖÖÓÖ ´Ö×ÛúÃÖ ˆ¯ÖÖÝ´/×ÃÖ¨üÖŸÖ ´Öë •Ö®ÖÓéü Ûúß ¤ü¸ü ÛúÖê ²Ö×ÆüÖÔî?
×ÛúŸë ÖÖÓÃÖÜ.ÖÖ ¾Öר•ÖŸÖ ´ÖÖ®ÖÖ •ÖÖŸÖÖ Æü
I. ×¾ÖÛúÖÃÖ ÛúÖ Œ»ÖÖÃÖßÛúß.Ö ×ÃÖ¨üÖŸÖ Ó
II. ®ÖêÖ ÃÖŸÖ»Ö®Ö •Ö»Ö
»ÃÖ®Ö ÛúÖ ×®Ö´®Ö †Ö.Ó ãÖ
III. ›üÖ´Ö¸êü ÃÖ¾ÖÓéרü ´ÖÖ›òü»Ö
®Öß"Öê פü‹ ÝÖ‹ Ûú™æü ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö.Ö®Ö Ûú¸üë…

Ûú™æü

ÃÖ³Öß Ûú¾Ö»Ö êIII


Ûú¾Ö»Ö êI †Ö¸îü II Ûêú¾Ö»Ö I



7. .Öæ ‹®Ö ›üß ¯Öß ÛúÖ Ø»ÖÝÖ ³Ö¤êü ÃÖ"ÖÛúÖæÛú ×®Ö´®ÖÖÓÓ'Ö™ÓüÛúÖê ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ Æî
×ÛúŸÖ ×Ûú®Ö ÃÖ ü
I. ¯ÖÏ•Ö®Ö®ÖÖŸ´ÖÛú þÖÖã.Ö
II. ÃÖ¿ÖŒŸÖßÛú¸üÞÖ
III. ÁÖ´Ö ²ÖÖ•ÖÖ¸ü ¤ü¿ÖÖ‹Ñ
®Öß"Öê פü‹ ÝÖ‹ Ûú™æüÖë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö®Ö.Ö Ûú¸üë:

Ûú™æüü

I †Öî¸ü II II †Öî¸ü III


I †Ö¸îü III ÃÖ³Öß



8. ³ÖÖ¸üŸÖß.Ö ×¸ü•Ö¾ÖÔ ²ÖÛú Ûúß ´ÖÖïצîüÛú ®Öß×ŸÖ ´Öë »Öõ.ÖÖ×ÛúŸÖ ´ÖÓ¦ãüÖñúß×ŸÖ ¤ü¸ü ×®Ö´®ÖÖ×ÛúŸÖ ´ÖÓë ×ÛúÃÖ ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ ÆüÖêŸÖß Æîü

ˆ¯Ö³ÖÖê».Ö ÃÖ"ÖÛúÖÓ(2) £ÖÖê»Ûú ÃÖ"ÖÛúÖÛú

ŒŸÖÖ´ÖææÛú Ûú´ÖææÓ


×±ú¿Ö¸ü ÛúÖ †Ö¤¿ÖÃÖæÛú ÃÖ.'Ö.ˆ. †¾ÖñúߟÖÛú


üÔ "ÖÛúÖÓ
9. ×®Ö´®ÖÖÓÖ ÃÖæü ÃÖæê ÃÖÖ£Ö ÃÖãêîü ÃÖæêê פü‹ ÝÖ‹ Ûú™üë ´Öë ÃÖü ÃÖÆüß ˆ¢Ö¸ü×ÛúŸ"Öß-I ÛúÖê"Öß-II Ûú´Ö×»ÖŸÖ Ûúßו֋ †Ö¸"Öß Ûú ®Öß"ÖæÖêÛúÖ "Ö.Ö®Ö Ûú¸ëü
ÃÖ"Öß æ - I ÃÖ"Öß II
a.
M1 i. M1+ ›üÖÛú'Ö¸ü ²Ö"ÖŸÖ ²ÖïÛúÖê Ûú ¯ÖÖÃÖ ²Ö"ÖŸÖ •Ö´ÖÖ ê
M2M1 ²Ö×ÛúÝÖ ¯ÖÞÖÖ»ú ¯ÖÝÛ


b.
ü ii. ïÏÖß ÛêÖÃÖ »ÖÖêÖÖë úê×®Ö¾Ö»Ö ÃÖÖ¾Ö×¬Ö •Ö´ÖÖ

c.
M3 iii. »ÖÖêÝÖÖê Ûêú ¯ÖÖÃÖ ´Ö¦ãüÖ ²Öï×ÛúÝÖ ¯ÖÏÞÖÖ»Öß Ûêú ¯ÖÖÃÖ ´ÖÖÓÝÖ •Ö´ÖÖ
³ÖÖ¸üŸÖß.Ö ×¸ü•Ö¾ÖÔ ïê



²ÖÛú Ûú ¯ÖÖÃÖ †®.Ö •Ö´ÖÖ
d. M4 iv. M3+ ›üÖÛú'Ö¸ü ²Ö"ÖŸÖ ²ÖïÛú Ûêú ¯ÖÖÃÖ ÃÖ³Öß •Ö´ÖÖ‹Ñ (¸üÖ™Òüß.Ö
²Ö"ÖŸÖ¯ÖÏÖÖ êÖüŒŸ

´ÖÖÞÖ¯¡Ûú †×Ÿ×¸Ö)
Ûú™æü
a b cd

iii i ii iv


i ii iv iii


ii i iv iii


iii iv i ii


10. Match List I with List II and select the correct answer using the codes given below the lists List- I List- II (Policy Rate as of May, 2016)
a.
Repo rate i. 21.25

b.
Reverse Repo rate ii. 7

c.
Bank Rate iii. 6

d.
S.L.R. iv. 6.5


Codes
a b cd

iii ii i iv


iv iii ii i


iv ii iii i


ii iv iiii


11. The inflation rate based on All India WPI has been negative during 2015-16, while the
inflation rate based on All India CPI has been moderately positive during the same period. This divergence can be explained by which of the following

The two index numbers have different base years.


The two index numbers have different commodities and respective weights for them.


The two index numbers are released by different government departments.


All of the above


12. Which among the following measures increase liquidity in the economic system

Reduction in the Cash Reserve Ratio


Increase in the Repo rate


Increase in the statutory liquidity ratio maintained by the banks


Increase in Reverse Repo rate


13. Assertion According to the Accelerator Theory of Investment, when consumption or income increases investment would also increase.
Reason The theory assumes that there is excess capacity in the economy.
Select the correct answer from the codes given below


Codes

Both and are true and is the correct explanation of


Both and are true, but is not the correct explanation of


is true, but is false.


is false, but is true.


10.

11.

12.

13.


ü

ÃÖæêæê ãêëŸÖ£ÖÖ ®Öß"Öê פ‹ ÝÖ‹ Ûú™üë ´Öë ÃÖü ÃÖÆüü ÛúÖ Ûú¸ë:
"Öß-I Ûú ÃÖÖ£Ö ÃÖ"Öß-II ÛúÖÃÖ´Ö×»ÖŸÖ Ûú¸ü üæÖêß ˆ¢Ö¸.ü
ÃÖæ"Öß I ÃÖæ"Öß II
¤ü¸ü ´Ö‡Ô,
2016)
a. ¸êü¯ÖÖê ¤ü¸ü i. 21.25
b. ׸ü¾ÖÃÖÔ ¸êü¯ÖÖê ¤ü¸ü ii. 7
c. ²ÖïÛú ¤ü¸ü iii. 6
d. ‹ÃÖ.‹»Ö.†Ö¸ü. iv. 6.5

Ûú™æü
ab cd

iii ii i iv


iv iii ii i


iv ii iii i


ii iv iiii


†×ÜÖ»Ö ³ÖÖ¸üŸÖß.Ö £ÖÖææÓü †Ö¬ÖÖ׸üŸÖ ´ÖüÖñúß×ŸÖ ¤ü¸ü 2015-16 ÛêüÖü¸üÆüß •Ö²Ö
êÛú ´Ö».Ö ÃÖ"ÖÛúÖÛú ¯Ö¸ã¦ú ¤¸îÖ®Ö ŠúÞÖÖŸ´ÖÛú î×Ûú ‡ÃÖß †¾Ö×¬Ö ÛêüîüÖ®Ö †×ÜÖ»Ö ³ÖÖ¸ŸÖß.Ö ˆ¯Ö³ÖÖŒŸÖÖ ´Öæ"ÖÛúÖæÓ»Öß ºþ¯Ö ÃÖ¬Ö®ÖÖŸ´ÖÛú ¸üÆüÖ Æî… ‡ÃÖ
ú¤Ö¸üê».ÖÃÖÛú ´ÖÖ´Öæê ü ŸÖÖ Ûúß ¾.ÖÖÜ.ÖÖ ×ÛúÃÖÛêüÖ¸üî?
ú «Ö Ûúß •ÖÖ ÃÖÛúŸÖß Æü

¤üÖê®ÖÖê ÃÖæ"ÖÛúÖÓÛúÖê Ûêú †Ö¬ÖÖ¸ü ¾ÖÂÖÔ †»ÖÝÖ­†»ÖÝÖ Æüî… êæÓê ãÑ ï¸ú ŸÖŸÖ²Ö×¬ÖŸÖ ³ÖÖ¸¿Ö ³Öß †»ÖÝÖ­†»ÖÝÖ Æü


¤üÖ®ÖÖë ÃÖ"ÖÛúÖÛúÖ´Öë †»ÖÝÖ­†»ÖÝÖ ¾Öß֋Æü †Öîü ˆ®ÖÛêË ÃÖÓÓüÖÓ ï…


¤üÖê®ÖÖë ÃÖæ"ÖÛúÖÓÛú †»ÖÝÖ­†»ÖÝÖ ÃÖ¸üÛúÖ¸üß ×¾Ö³ÖÖÝÖÖë «üÖ¸üÖ •ÖÖ¸üß ×Ûú‹ •ÖÖŸÖê ÆîüÓ …


ˆ¯Ö.ÖÔã


ŒŸÖ ÃÖ³Öß
×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÛúÖî®Ö ÃÖê ˆ¯ÖÖ.Ö ÃÖê †ÖÙ£ÖÛú ¯ÖÏë ŸÖ¸ü»ÖŸÖÖ ´Öë ¾Öרéü ÆüÖêüî?
ÞÖÖ»Öß ´Ö ŸÖß Æ

®ÖÛú¤üß †Ö¸ü×õÖŸÖ †®ÖãÖ ´ÖÛú´Öß

¯ÖÖŸë


¸üê¯ÖÖê ¤ü¸ü ´Öë ¾Öéרü


²Öïê«Ö¸üÖ¸üÜÖê Óüãë¾Öéü

ÛúÖüÝÖ‹ ÃÖÖ×¾Ö׬ÖÛú ŸÖ¸»ÖŸÖÖ †®Ö¯ÖÖŸÖ ´Öר


׸ü¾ÖÃÖÔ ¸üê¯ÖÖê ¤ü¸ü ´Öë ¾Öéרü


†×³ÖÛú£Ö®Ö ×®Ö¾Ö¿Ö Ûú Ÿ¾Ö¸üÛú ×ÃÖ¨ÖŸÖ Ûú †®Öãü •ÖÝÖ †£Ö¾ÖÖ †Ö.Ö ´Öë רü ÆüÖŸÖß ŸÖÖê êë
êêüÓêÃÖÖ¸²Ö ˆ¯Ö³ÖÖê¾Öéêî×®Ö¾Ö¿Ö ´Ö³Öß
¾Öéרü ÆüÖÝÖß … êÛúÖ¸üÞÖ ×ÃÖ¨üÖŸÖ ´ÖÓë .ÖÆü ´ÖÖ®.ÖŸÖÖ Æîü ×Ûú †£Ö¾.Ö¾ÖãÖÖ ´ÖÔë †×ŸÖ׸üŒŸÖ õÖ´ÖŸÖÖ Æîü … ®Öß"Öê פü‹ ÝÖ‹ Ûæú™Öêü ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö.Ö®Ö Ûú¸ëü
Ûú™æü

†Öî¸ ü ¤üÖê®ÖÖë ÃÖÆüß Æïü †Öî¸ü Ûúß ÃÖÆüß ¾.ÖÖÜ.ÖÖ Æüî…


†Ö¸î(R) ü ¤üÖ®ÖÖêë ÃÖÆüß ØÛúŸÖã Ûúß ÃÖÆüß ¾.ÖÖÜ.ÖÖ ®ÖÆüà Æüî…


ÃÖÆüß Æîü, ØÛúŸÖã ÝÖ»ÖŸÖ Æüî…


ÝÖ»ÖŸÖ Æüî, ØÛúŸÖã ÃÖÆüß Æîü …


14. According to Friedman, on which of the following does the velocity of circulation of money depend

Market rate of interest on Bonds Rate of change in general price level


Ratio of savings to income Ratio of savings to investment


15. Assertion According to Baumol, the transaction demand for cash balances varies with respect to the square root of the volume of transactions.
Reason Transaction demand for money is a function of income.
Select the answer from the code below


Codes

Both and are true and is the correct explanation of


Both and are true, but is not the correct explanation of


is true, but is false.


is false, but is true.


16. The slope of the IS curve depends upon

the level of government expenditure


the sensitivity of demand for real money balances to the interest rate


the interest sensitivity of investment


None of the above


17. According to Keynes, the supply of money with respect to interest rate is

perfectly elastic perfectly inelastic


unitary elastic moderately elastic


18. Which of the following correctly defines the effective revenue deficit as per budget of the Central Government

Gross Fiscal Deficit Revenue Receipts


Gross Fiscal Deficit Capital Receipts


Gross Fiscal Deficit Interest Payments


Revenue Deficit Grants for creation of Capital Assets


19. An imposition of lump sum tax on a monopolist will affect the equilibrium condition in what manner

It's profit will decline and so also the equilibrium output.


Both equilibrium output and price will decline.


Only equilibrium price will decline.


Only equilibrium profit will decline.


14.
15.
ü
16.

17.

18.


ü
19.
±Ïü´Ö®Ö Ûú †®ÖÃÖÖ¸ü ãüüêÖ×ÛúŸÖ ´ë Ö¸ü Ôü Ûú¸üŸÖÖ
úß›îêã´Ö¦Ö ÛúÖ ¯Ö׸"ÖÖ»Ö®Ö ¾ÖÝÖ ×®Ö´®ÖÓÖ×ÛúÃÖ ¯×®Ö³Ö¸îü

²ÖÖÓ›üÖë ¯Ö¸ü ².ÖÖ•Ö Ûúß ²ÖÖ•ÖÖ¸ü ¤ü¸ ÃÖÖ´ÖÖ®.Ö ´Ö».Ö ÃŸÖ¸æü ´Öë ¯Ö׸ü¾ÖŸÖ®Ö Ûúß ¤Ôü¸ü


†Ö.Ö ´Öë ²Ö"ÖŸÖ ÛúÖ †®Öã¯ÖÖŸÖ ²Ö"ÖŸÖ †Öî¸ü ×®Ö¾Öê¿Ö ÛúÖ †®Ö¯ÖÖŸãÖ


†×³ÖÛú£Ö®Ö òêêãü ®ÖÛú¤ü ÛúÖêêê®Ö Ûúß ´ÖÖÝÖ, »Öêü®Ö Ûúß ´ÖÖ¡ÖÖ Ûú ¾ÖÝÖÔæêãü
²ÖÖ´Ö»Ö Ûú †®ÖÃÖÖ¸ÂÖ Ûúß »Ö®Ö­¤üÓ®Ö¤êê´Ö»Ö Ûú †®ÖÃÖÖ¸¯Ö׸ü¾ÖÙŸÖŸÖ Æüêî…
ÖŸÖß Æü ÛúÖ¸üãüÖ Ûêê®Ö Ûúß ´ÖÖÝÖ †Ö.Ö ÛúÖ ±ú»Ö®Ö Æü …
ÞÖ ´Ö¦êú »Ö®Ö­¤üÓî®Öß"Öê פü‹ ÝÖ‹ Ûú™æü ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö.Ö®Ö Ûú¸ëü
Ûú™æü

†Öî¸ ü ¤üÖê®ÖÖë ÃÖÆüß Æïü †Öî¸ü Ûúß ÃÖÆüß ¾.ÖÖÜ.ÖÖ Æüî…


†Ö¸î(R) ü ¤üÖ®ÖÖêë ÃÖÆüß ØÛúŸÖã Ûúß ÃÖÆüß ¾.ÖÖÜ.ÖÖ ®ÖÆüà Æüî…


ÃÖÆüß Æîü, ØÛúŸÖã ÝÖ»ÖŸÖ Æüî…


ÝÖ»ÖŸÖ Æüî, ØÛúŸÖã ÃÖÆüß Æîü …


IS ¾ÖÛÎÌÖ»Ö ×®Ö³Ö¸ü Ûú¸üŸß ÆüúÛúßœüÔÖî-

ÃÖ¸üÛúÖ¸üß ¾.Ö.Ö Ûêú ßָü ¯Ö¸ü


².ÖÖ•Ö ¤ü¸ü Ûêú ¯ÖÏ×ŸÖ ¾ÖÖßÖ×¾ÖÛú ´Öã¦üÖ ¿ÖêÂÖ Ûêú ×»Ö‹ ´ÖÖÓÝÖ Ûúß ÃÖÓ¾Ö¤êü®Ö¿Ö߻֟ÖÖ


×®Ö¾Ö¿Ö Ûúß ².ÖÖ•Ö ÃÖêÓ¾Ö¤êü®Ö¿Ö߻֟ÖÖ


ˆ¯Ö.ÖÔë ê ÛúÖê‡Ô ®ÖÆüà


ãŒŸÖ ´ÖÃÖ
ú®ÃÖÛú†®ÖÃÖÖ¸úÃÓ¬Ö´Ö¦ÙŸÖÆêîÛêêãü ².ÖÖ•Ö ¤ü¸ü ÛêÖ²ÖÓë ´ÖãüÖ Ûúß †Ö¯ÖæüÖŸÖß Æü …

¯ÖæÞÖŸÖ.ÔÖÖ »ÖÖ"êÖ¤üÖ¸ü ¯ÖÞÖæŸÖ.ÔÖÖ ²Ö»êÖÖ"êÖ


‡ÛúÖ‡»ÖÖ"Ö¤üÖ¸ü ´ÖÖ´Öæ"Ö¤üÖ¸ü


Ô êü»Öß »ÖÖê
ú¦ÛúÖ¸ú²ú†®ãÏêê ×ÛúŸÖ´ÖÛúÖî
Ûëü ÃÖ¸üü ÛêÖ•Ö™ü ÛêÖÃÖÖ¸ü ¯Ö³ÖÖ¾Öß ¸üÖ•ÖÃ¾Ö ÛúÖ×®Ö´®ÖÖÓë ÃÖê î®Ö ÃÖÆüß ºþ¯Ö ÃÖê ¯Ö׸ü³ÖÖ×ÂÖŸÖ Ûú¸üŸÖÖ Æü

ÃÖÛú»Ö ¸üÖ•ÖÛúÖêÂÖß.Ö ¸üÖ•ÖÃ¾Ö ¯ÖÖׯŸÖ.ÖÏÖÑ


ÃÖÛú»Ö ¸üÖ•ÖÛúÖüÖ ÓÏÖÖÖÑ

êÂÖß.Ö ¯Öæ•Öß ¯ÖÖׯŸ.


ÃÖÛú»Ö ¸üÖ•ÖÛúÖêÂÖß.Ö ².ÖÖ•Ö ³ÖÝÖŸãÖÖ®Ö


¸üÖ•ÖÃ¾Ö ¯ÖÓæ•Öß †Ö×ßÖ.ÖÖë ú ÃÖê•Ö®Ö ÛéêãüÖ®Ö


Ûú ×»Ö‹ †®Ö¤
×ÛúÃÖß ‹ÛúÖ׬ÖÛúÖ¸üß ¯Ö¸ü ãü »ÖÝÖ‹ •Ö®ÖÃÖê ÃÖÓãü Ïü ÏÌüÝÖÖ
‹Ûú´Ö¿ŸÖ Ûú¸ÖÖê ŸÖ»Ö®Ö ×ãÖ×ŸÖ ¯Ö¸×ÛúÃÖ ¯ÖÛúÖ¸¯Ö³ÖÖ¾Ö ¯Ö›ê

‡ÃÖÛú »ÖÖ³Ö ´Öë Ûú´Öß ÆüÖÝÖß †Ö¸ü ‡ÃÖ×»ÖÖÓÖ»Ö®Ö ˆŸ¯ÖÖ¤ü®Ö ´Öë ³Öß Ûú´Öß ÆüÝÖß …

êêî‹ÃŸãÖê


ÃÖŸÖÓã»Ö®Ö ˆŸ¯ÖÖ¤ü®Ö ŸÖ£ÖÖ ´Öæ».Ö ¤üÖê®ÖÖë ´Öë Ûú´Öß ÆüÖÝÖß … ê


Ûú¾Ö»Ö ÃÖŸÖã».Ö ´ÖÛú´Öß ÆüÝÖß …

êÓ»Ö®Ö ´Öæë Öê


Ûú¾Ö»Ö ÃÖŸÖãë Ûú´Öß ÆüÝÖß … ê


êÓ»Ö®Ö »ÖÖ³Ö ´ÖÖ
20. If the revenue from income-tax increases from 100 crore to 109 crore and nominal GDP increases from 100 crore to 112 crore, the tax buoyancy of income tax is given by which of the following

1.33 .75


3 None of the above


21. Public goods are characterised by which of the following characteristics
I. Collective consumption II. Non-exclusion
III. Divisibility IV. Rival consumption
Select the correct answer from the codes given below


Codes

I and II are correct I and III are correct


I and IV are correct II and IV are correct


22. If taxes are levied according to Ability to pay theory, it leads to

Regressive Taxes Progressive Taxes


Proportional Taxes Indirect Taxes


23. The whole incidence of a sales tax will be on the buyers when

the demand for the commodity is perfectly elastic.


the demand for the commodity is moderately elastic.


the demand for the commodity is perfectly inelastic.


both the demand and supply for the commodity are perfectly elastic.


24. Who among the following is not associated with the 'Dependency Theory' of development

Paul Baran Samir Amin


A.G. Frank Gunnar Myrdal


25. Match List I with List II and select the correct answer from the codes given below the lists
List- I List- II
a.
Balanced growth maximisation i. W.J. Baumol

b.
Sales revenue maximisation ii. R.M. Cyert and J.G. March

c.
Maximisation of managerial utility function iii. R. Marris

d.
Satisfying rather maximising results iv. D.E. Williamson



Codes
a b cd

iii i iv ii


iv i iii ii


iv iii i ii


ii iv iii i


20.
21.

22.

23.


ü
24.

25.


.Öפü †Ö.ÖÛú¸ü ÃÖê ¸üÖ•ÖÃ¾Ö 100 Ûú¸üÖ›êü̺þ¯Ö‹ ÃÖê ²ÖœüÌÛú¸ü 109 Ûú¸üÖ›êÌü ºþ¯Ö‹ ÆüÖê •ÖÖŸÖÖ ÆüîŸÖ£ÖÖ ´ÖÖîצüÛú ÃÖÛú»Ö 'Ö¸êü»Öæ ˆŸ¯ÖÖ¤ü 100 Ûú¸üÖ›êÌü ºþ¯Ö‹ ÃÖê ²ÖœüÌÛú¸ü 112 Ûú¸üÖ›êü̺þ¯Ö‹ ÆüÖê •ÖÖŸÖÖ Æüî, ŸÖÖê †Ö.ÖÛú¸ü Ûúß Ûú¸ü ˆŸ¯»ÖÖ¾Ö»ÖŸÖÖ ÛúÖ ´ÖÖ®Ö Œ.ÖÖ ÆüÖêÝÖÖ
1.33 .75
3 ˆ¯Ö.ÖÔë ê ÛúÖê‡Ô ®ÖÆüàãŒŸÖ ´ÖÃÖ
•Ö×®ÖÛú ¾ÖßֆÖÛúß ×®Ö´®ÖÖ×ÛúŸ´ÖŒ.ÖÖ ×¾Ö¿ÖÂÖŸê
ÃÖÖ¾ÖÔ ãë ÓÖ ëÃÖê êÖÖÆüÖŸÖßÆî?ü
I. ÃÖÖ´Öæ×ÆüÛú ÜÖ¯ÖŸÖ II. †ü­²Ö×Æü¾Öì¿Ö®Ö
III. ×¾Ö³ÖÖ•Ö®Öß.ÖŸÖÖ IV. ¯ÖÏןÖï֬Öá ˆ¯Ö³ÖÖÝêÖ ®Öß"Öê פü‹ ÝÖ‹ Ûú™æüÖë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö®Ö.Ö Ûú¸üë:
Ûú™æüü

I ¾Ö II ÃÖÆüß Æîü … I ¾Öü III ÃÖÆüß Æüî…


I ¾Ö IV ÃÖÆüß Æî …ü II ¾Ö IV ÃÖÆüß Æîü …


.Öפü Ûú¸üÖë ê ãü®Öêãü »ÖÝÖÖ.ÖÖ •ÖÖŸÖÖ ŸÖÖê .ÖÆü ÆüÖ
ÛúÖ³ÖÝÖŸÖÖ®Ö Ûú¸ ê Ûúß õÖ´ÖŸÖÖ Ûú †®ÖÃÖÖ¸îêÝÖÖ

¯ÖÏןÖÝÖÖ´Öß Ûú¸ü ¯ÖÝÖÖ´Öß Ûú¸Ïü


†®Öãß Ûú¸ü †¯ÖÏŸ.ÖõÖ Ûú¸ü


¯ÖÖŸÖ
ÛÎúŸÖÖ†Öê ë ¯Ö¸ü ײÖÛúß Ûú¸Îü ÛúÖ ¯ÖÞÖæÔ Ûú¸üÖ¯ÖÖŸÖ ŸÖ²Ö ÆüÖê
ÝÖÖ, •Ö²Ö
Ûúß ´ÖÖÓŸÖ.Ö"Æü


¾ÖßÖã ÝÖ ¯ÖæÞÖÔÖ »ÖÖêÖ¤üÖ¸ü î…


¾ÖßÖã ÝÖ ´ÖÖ´Öæ"Ö¤üÖ¸ü Æü

Ûúß ´ÖÖÓ»Öß »ÖÖêî…


¾ÖßÖã ÝÖ ¯ÖÞÖÔÖ ²ÖÖÖêÖ î…

Ûúß ´ÖÖÓæŸÖ.Öê»"Æü


¾ÖßÖã ÝÖ †Öîü ¯ÖÙŸÖ ¤ü®ÖÖë ÞÖŸÖ.ÖÖ »ÖÖêüÖ¸ü Æî…


Ûúß´ÖÖÓ¸æÖê¯ÖæÔ"Ö¤ü
×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ×¾ÖÛúÖÃÖ Ûêú ×®Ö³Ö¸ÔüŸÖÖ ×ÃÖ¨üÖÓŸÖ ÃÖê ÃÖ´²Ö×®¬ÖŸÖ ®ÖÆüà Æîü

¯ÖÖò»Ö ²Ö¸ü®Ö ÃÖ×´Ö¸ü †´Öß®Ö ú®Ûúú


‹. •Öß. ±Ïî(4) ÝÖ®®ÖãÖ¸ü ×´Ö›üÔ»Ö


ÃÖæîü ÃÖæê ÃÖãêëŸÖ£ÖÖ ®Öß"Öפü‹ ÝÖ‹ Ûú™üë ´Öë ÃÖü ÃÖÆüü Ö Ûú¸ë:
"Öß-I †Ö¸"Öß-II ÛúÖ´Ö×»ÖŸÖÛú¸ü ê æÖê߈¢Ö¸Ûú.ü
ÃÖ"Öß I ÃÖ"Öß II
a. ÃÖÓ×»ÖŸÖ ÃÖ¾Öéü ÛúÖê †×¬ÖÛúŸÖ´Ö i. ›ü²».Ö. •Öê»Ö
ŸÖãÓרæ. ²ÖÖ´ÖÖò
×Ûú.ÖÖ

b. ײÖÛÎúß ¸üÖ•ÖÃ¾Ö ÛúÖê †×¬ÖÛúŸÖ´Ö ×Ûú.ÖÖ ii. †Ö¸ü. ‹´Ö. ×ÃÖ™üÔ†Ö¸îü
•ÖêÔ
. •Öß. ´ÖÖ¿Ö
c. ¯Ö²ÖÓ Ö ˆ¯.Ö×ÝÖŸÖÖ ±ú»Ö®Ö ÛúÖê iii. †Ö¸ü. ´ÖÖ׸ü¿Ö
ϬÖÛúß.ÖÖê ò
†×¬ÖÛúŸÖ´Ö ×Ûú.ÖÖ
d. ¯Ö׸üÞÖÖ´ÖÖë Ûúê†×¬ÖÛúŸÖ´ÖßÛú¸üÞÖ Ûêú iv. ›üß. ‡. ×¾Ö×»Ö.Ö´ÖÃÖ®Ö Ô×¾Ö¯Ö¸üßüŸÖ ÃÖÓŸÖã×™üÛú¸üÞÖ
Ûú™æü
a b cd

iii i iv ii


iv i iii ii


iv iii i ii


ii iv iii i


26. World Population Day is celebrated on 11th July because on this day in 1987 world's population reached

4 billion people 5 billion people


6 billion people None of the above


27. Which of the following is used by demographers as an indicator of the quality of a populations' healthcare and standard of living

Age specific death rate Age specific birth rate


Infant mortality rate Crude death rate


28. Match List I with List II and give the correct answer from the codes given below the lists List- I List- II (Events) (Date)
a.
Earth Day i. 3rd March

b.
World Water Day ii. 22nd May

c.
International Day for Biological Diversity iii. 22nd March

d.
World Wild Life Day iv. 22nd April



Codes
a b cd

iv iii ii i


i ii iii iv


iii iv i ii


iv i iii ii


29. Clean Environment Cess is imposed on

cutting of green trees pollution of rivers


production of coal air pollution by factories


30. Which among the following option is true for the savings behaviour according to classical economics Symbols have their usual meaning.

MPS MPS wage ;MPS=1


MPS MPS(4) Both and


wage profit profit
wage profit
31. In the classical theory of development, wage rate is determined by which among the following

The King Demand and Supply


Availability of Surplus Collective bargaining




26. ×¾ÖÀ¾Ö •Ö®ÖÃÖÜ.ÖÖ ×¤ü¾ÖÃÖ 11 •Ö»ÖÖ‡ÛúÖê ü Œ.ÖÖëë ‡ÃÖß ×¤üÖ ÓüÖÝÖ‡Ô £Öß
ÓãÔ ´Ö®ÖÖ.ÖÖ •ÖÖŸÖÖ Æî×Ûú 1987 ´Ö®Ö ×¾ÖÀ¾Ûúß •Ö®ÖÃÖÜ.ÖÖ Æê

4 ײÖ×»Ö.Ö®Ö 5 ײÖ×»Ö.Ö®Ö


6 ײÖ×»Ö.Ö®Ö ˆ¯Ö.ÖÔãŒŸÖ ´Öë ÃÖê ÛúÖ‡êÔ ®ÖÆüà


×ÛúÛúß ×¾Ö¤ë üÖ ×®Ö´®ÖÖë êÜ. Ô Ûúß ÝÖÞÖ¾Ö¢ÖÖ
27. •Ö®ÖÖÓüÖ«Ö¸üÓ×ÛúŸÖ ´ÖÃÖê ×ÛúÃÖÛúÖ ˆ¯Ö.ÖÖÝÖ •Ö®ÖÃÖÓÖÖ Ûúß Ã¾ÖÖã.Ö ¯Ö׸ü"Ö.ÖÖŸÖ£ÖÖ •Öß¾Ö®Ößָü ãúÃÖÛúºþ¯Ö´î?
ÛêÓúŸÖÛú ÛêêÖë ×Ûú.ÖÖ •ÖÖŸÖÖ Æü

†Ö.Öã ×¾Ö׿Ö™ü ´ÖéŸ.Ö¤ãü¸ü †Ö.Öã ×¾Ö׿Ö™ü •Ö®´Ö ¤ü¸ü


׿ֿÖã ´ÖŸ.Ö¤ü¸ü êéÖ¤ü¸ü


éã †¿ÖÖ×¬ÖŸÖ ´ÖŸ.ã
28. ÃÖ"Ößæ-I †Öî¸ü ÃÖæ"Öß-II ÛúÖê ÃÖ´Öãê×»ÖŸÖ Ûú¸ëü ŸÖ£ÖÖ ®Öß"Öê פü‹ ÝÖ‹ Ûæú™üÖë ´Öë ÃÖüêÃÖÆüß ˆ¢Ö¸ü ÛúÖ "Ö.Ö®Ö Ûú¸ëü ÃÖ"Öß I ÃÖ"Öß II (פü¾ÖÃÖ)
a.
¯Ö飾Öß ×¤ü¾ÖÃÖ i. 3 ´ÖÖ"ÖÔ

b.
×¾Ö¿¾Ö •Ö»Ö פü¾ÖÃÖ ii. 22 ´Ö‡Ô

c.
†ŸÖ¸üÖ™Òîü¾ÖÃÖ iii. Ô


ÓÔüß.Ö •Ö¾Ö ×¾Ö×¾Ö¬ÖŸÖÖ ×¤22 ´ÖÖ"Ö
d. ×¾ÖÀ¾Ö ¾Ö®.Ö •Öß¾Ö ×¤ü¾ÖÃÖ iv. 22 †¯ÖÏ»Ö î
Ûú™æü
ab cd

iv iii ii i


i ii iii iv


iii iv i ii


iv i iii ii



29. þÖ""û ¯Ö.ÖÖÔ¾Ö¸üÞÖ ˆ¯ÖÛú¸ü »ÖÝÖÖ.ÖÖ •ÖÖŸÖÖ Æîü

Æü¸êêÌÖë Ûúß Ûú™Ö‡Ô ¯Ö¸üü ®Öפü.ÖÖÛêÏæÂÖÞÖ ¯Ö¸ü

ü ¯Ö›üü ë ú ¯Ö¤ü


ÛúÖêê Ûú ˆŸ¯ÖÖ¤ü®Ö ¯Ö¸üüüü ÛúÖ¸üÜÖÖ®ÖÖë «Ö¸üÖ ¾ÖÖ.Ö¯Ö¤æÂÖÞÖ ¯Ö¸ü


.Ö»Öê üãÏü
30. Œ»ÖÖ×ÃÖÛúß.Ö †£ÖÔú †®ÖÃÖÖ¸ü ²Ö"ÖŸÖ ¾.Ö¾ÖÆüÖ¸ü ú ÃÖ²ÖÓë ×®Ö´®ÖÖÓë ÃÖÛúÖ®Ö ×¾ÖÛú»¯Ö ÃÖÆüß Æü ÃÖÓúŸÖÖõÖ¸üÖë¿ÖÖáÖÛêãÛêÓ¬Ö ´Ö×ÛúŸÖ ´Öê îîÛêÛúÖ ¯Ö.ÖÖÏÝêÖ ÃÖÖ´ÖÖ®.Ö †£ÖÔ ´Öë ×Ûú.ÖÖ ÝÖ.ÖÖ Æüî…

‹´Ö¯Öß‹ÃÖ ´Ö•Ö¤æü¸üß ‹´Ö¯Öß‹ÃÖ»ÖÖ³Ö ‹´Ö¯Öß‹ÃÖ ´Ö•Ö¤üæ¸üß ‹´Ö¯Öß‹ÃÖ»ÖÖ³Ö


‹´Ö¯Öß‹ÃÖ´Ö•Ö¤æü¸üß ‹´Ö¯Öß‹ÃÖ»ÖÖ³Ö †Ö¸îü ¤üÖ®ÖÖêë