GATE (Graduate Aptitude Test in Engineering) Economics: Questions 506 - 508 of 1256

Access detailed explanations (illustrated with images and videos) to 1256 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 500.00 -OR-

How to register? Already Subscribed?

Question 506

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Assuming an agricultural growth rate of per annum in India, what will be its contribution to the country՚s GDP growth rate with a contribution of the agricultural sector to GDP? (November Paper-III)

Choices

Choice (4)Response

a.

b.

c.

d.

Question 507

General Equilibrium Analysis

Appeared in Year: 2017 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match List - I and List - II and select the correct answer from the code given below: (November Paper-III)

List-Ⅰ (Curve)List-Ⅱ (Relationship)
(A)

Engel curve

(i)

Tax Revenue - Tax rate

(B)

Laffer curve

(ii)

Income - consumption

(C)

Kuznets curve

(iii)

Environment - Per capita Income

(D)

Rahn curve

(iv)

Govt. Expenditure - per capita Income

Choices

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

a.

  • (ii)
  • (i)
  • (iii)
  • (iv)

b.

  • (i)
  • (ii)
  • (iv)
  • (iii)

c.

  • (iv)
  • (i)
  • (ii)
  • (iii)

d.

  • (i)
  • (iii)
  • (iv)
  • (ii)

Question 508

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which of the following statements is/are true for the current account of a country?

  1. It shows the net income generated in the foreign trade sector
  2. It relates to claims and liabilities of financial nature

Choose the correct answer from the code given below: (November Paper II)

Choices

Choice (4)Response

a.

Neither (1) nor (2) is true

b.

Only (2) is true

c.

(1) and (2) are true

d.

Only (1) is true

Developed by: