GATE (Graduate Aptitude Test in Engineering) Economics: Questions 439 - 443 of 1256

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Question 439

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

Devaluation, will improve the balance of payment deficit, if sum of elasticity of exports and imports of the devaluing countries is: (December)

Choices

Choice (4)Response

a.

Greater than unity

b.

Less than 1

c.

Equal to zero

d.

Negative

Question 440

Cardinal Approach and Ordinal Approach

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

In the standard adjoining diagram, the measure of consumer surplus is

Diagram of the Consumer Surplus

(Paper II)

Choices

Choice (4)Response

a.

AB

b.

PA

c.

AO

d.

OB

Question 441

Marshallian and Hicksian Demand Functions

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

Giffen paradox occurs when income effect is: (June)

Choices

Choice (4)Response

a.

Equal to the substitution effect

b.

Less than substitution effect

c.

Negative and is greater than the substitution effect

d.

Greater than the substitution effect

Question 442

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Which Finance Commission has used forest cover as a criterion for horizontal distribution of resources in India? (Paper III)

Choices

Choice (4)Response

a.

10th Finance Commission

b.

13th Finance Commission

c.

12th Finance Commission

d.

14th Finance Commission

Question 443

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Full demographic dividend will be realised when government promotes (Paper III)

Choices

Choice (4)Response

a.

more skill development

b.

more intensive growth

c.

more capital market

d.

more social security

Developed by: