AP (Advanced Placement) Macroeconomics: Questions 329 - 332 of 750

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Question 329

Appeared in Year: 2017 (NET)

Question

MCQ▾

Arrange the following committees appointed in India in the chronological order:

I. Urjit Patel Committee

II. Goipuria Committee

III. Narsimhan Committee

IV. Chakravarti Committee

Answer from the codes given below:

(January Paper-3)

Choices

Choice (5)Response

a.

II, IV, I, III

b.

IV, II, III, I

c.

I, II, III, IV

d.

III, I, II, IV

e.

All of the above

Question 330

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which among the following is not a characteristic of stagflation? (January Paper-2)

Choices

Choice (5)Response

a.

High employment

b.

High unemployment

c.

High inflation

d.

Low growth

e.

None of the above

Question 331

Appeared in Year: 2017 (NET)

Question

MCQ▾

As per Marshall, Why does demand curve have a negative slope?

I. Due to income effect only

II. Due to substitution effect

Answer from the code below:

(January Paper-3)

Choices

Choice (5)Response

a.

Only II

b.

Neither I nor II

c.

Only I

d.

I and II

e.

All of the above

Question 332

Appeared in Year: 2017 (NET)

Question

MCQ▾

“Central problem in the theory of economic development is to understand the process by which a community which was previously saving to per cent or less of its national income, converts itself into an economy where voluntary savings is running about to of national income or more.” Who among the following economists is attributed with this view? (January Paper-2)

Choices

Choice (5)Response

a.

Gunnar Myrdal

b.

P N Rogenstein-Rodan

c.

Ragner Nurkse

d.

W Arthur Lewis

e.

Question does not provide sufficient data or is vague

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