GATE (Graduate Aptitude Test in Engineering) Economics: Questions 521 - 524 of 1256

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Question 521

The Fiscal Responsibility and Budget Management Act 2003

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Primary deficit is measured by: (November Paper III)

Choices

Choice (4)Response

a.

Budget deficit interest payments

b.

Fiscal deficit interest payments

c.

Budget deficit total borrowings

d.

Total Revenue expenditure total revenue receipts

Question 522

Poverty and Inequalities -Concepts and Measurement Issues

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Arrange the following indices in the chronological order and answer from the code given below:

(1) Multi Dimension Poverty Index

(2) Human Poverty Index

(3) Capability Poverty Measure

(4) Human Development Index (November Paper III)

Choices

Choice (4)Response

a.

(4) , (2) , (3) , (1)

b.

(4) , (3) , (2) , (1)

c.

(1) , (2) , (3) , (4)

d.

(2) , (1) , (4) , (3)

Question 523

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

A firm in monopolistic competition advertises in order to: (November Paper II)

Choices

Choice (4)Response

a.

Shift the demand curve for its product to the left

b.

Make the demand for its product less price elastic

c.

Reduce the industry՚s price

d.

Make its product more similar to its competitors՚

Question 524

Tax Reforms-Goods and Services Tax

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which of the following goods is covered under GST as on 1st July, 2017? (November Paper II)

Choices

Choice (4)Response

a.

Electricity

b.

High Speed Diesel

c.

Liquified Petroleum Gas

d.

Petroleum Crude

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