AP (Advanced Placement) Macroeconomics: Questions 136 - 138 of 750

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Question 136

Appeared in Year: 2013 (NET)

Question

MCQ▾

Which one of the following tax is within the jurisdiction of the State Governments as enumerated in List – II of the Constitution of India? (September)

Choices

Choice (5)Response

a.

Rate of stamp duty in respect of certain financial documents

b.

Taxes other than stamp duties on transactions in stock exchange and future markets.

c.

Taxes on mineral rights subject to any limitations imposed by the Parliament.

d.

Taxes on Railway freights and fares.

e.

None of the above

Question 137

Appeared in Year: 2013 (NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match the items in List – I with items in List – II: (September)

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

Point of tangency of a budget line and indifference curve

(i)

Budget Line

(B)

A set of indifference curves

(ii)

Indifference Curves

(C)

Various combination that a consumer can purchase

(iii)

Indifference Map

(D)

Various combination of two commodities That give the consumer equal satisfaction

(iv)

Consumer Equilibrium

Choices

Choice (5)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (iii)
  • (ii)
  • (i)

b.

  • (iii)
  • (i)
  • (iv)
  • (ii)

c.

  • (iv)
  • (iii)
  • (i)
  • (ii)

d.

  • (ii)
  • (i)
  • (iii)
  • (iv)

e.

All of the above

Question 138

Appeared in Year: 2013 (NET)

Question

MCQ▾

The pure monopolist obtains equilibrium level of output when (September)

Choices

Choice (5)Response

a.

Price = Marginal Cost

b.

Price is the lowest

c.

Marginal Revenue = Marginal Cost

d.

Price is the highest

e.

None of the above

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