GATE (Graduate Aptitude Test in Engineering) Economics: Questions 45 - 48 of 1256

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Question 45

The Fiscal Responsibility and Budget Management Act 2003

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Grants from the Centre to the States under the recommendations of Finance Commission are known as (December)

Choices

Choice (4)Response

a.

Development assistance

b.

Statutory grants

c.

Plan grants

d.

Discretionary grants

Question 46

Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

As per provisional data released by C. S. O. for Q1 of 2012 - 13, the GDP growth has been estimated at (December)

Choices

Choice (4)Response

a.

6.2 %

b.

5.1 %

c.

5.5 %

d.

5.9 %

Question 47

Appeared in Year: 2014 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Given the following information match the item in List – I with List – II: (June)

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

Probability of rejecting H0, when it is false

(i)

Standard error

(B)

Accepting H0, if it is false

(ii)

b error

(C)

Measuring sampling variability due to random force

(iii)

a error

(D)

Rejecting H0, if it is true

(iv)

1 – b error

Choices

Choice (4)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (ii)
  • (i)
  • (iii)

b.

  • (iii)
  • (iv)
  • (i)
  • (ii)

c.

  • (i)
  • (iv)
  • (iii)
  • (ii)

d.

  • (ii)
  • (i)
  • (iii)
  • (iv)

Question 48

General Equilibrium Analysis

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

In the trade cycle theory of J. R Hicks, long run equilibrium is determined by

Choices

Choice (4)Response

a.

Population

b.

Technology

c.

Autonomous Investment

d.

Question does not provide sufficient data or is vague

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