GATE (Graduate Aptitude Test in Engineering) Economics: Questions 469 - 472 of 1256

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Question 469

Functioning of Monetary Policy in India

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?

I. Curtailment of the fiscal deficit.

II. Inflation anchor at four percent.

III. Providing adequate liquidity in the money and capital market.

IV. Pegging the exchange value of Indian Currency.

Select the answer from the code below: (Paper III)

Choices

Choice (4)Response

a.

I, II and IV

b.

III and IV

c.

II and IV

d.

I, II and III

Question 470

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

A cartel aims at maximizing (Paper II)

Choices

Choice (4)Response

a.

goodwill of the members

b.

share of output of members

c.

industry profits

d.

individual profits

Question 471

Marshallian and Hicksian Demand Functions

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾
Diagram of IC Curve

In the above diagram, if curve IC represents income- consumption curve, then it means that: (June)

Choices

Choice (4)Response

a.

Only A is an inferior good

b.

A and B are inferior goods

c.

A is a normal good

d.

Only B is an inferior good

Question 472

The Fiscal Responsibility and Budget Management Act 2003

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

Which one of the following taxes is within the jurisdiction of state governments as enumerated in List ii of the Indian constitution? (December)

Choices

Choice (4)Response

a.

Rate of stamp duty in respect of certain financial documents

b.

Taxes on railway freights and fares

c.

Taxes on mineral rights subject to any limitation imposed by the parliament

d.

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

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