GATE (Graduate Aptitude Test in Engineering) Economics: Questions 587 - 590 of 1256

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Question 587

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which among the following statements are true for Schumpeter՚s theory of economic development?

I. Development is evolutionary.

II. Development is financed by real savings.

III. Capitalism keeps its character intact overtime.

Of the above, which statement (s) is/are true? Answer from the code below:

(January Paper-3)

Choices

Choice (4)Response

a.

I, II and III

b.

Only I and II

c.

Only I

d.

None of the above

Question 588

Components of Money Supply

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Arrange the following liquid assets in decreasing order

(1) Time deposits

(2) Saving deposits

(3) Currency

(4) Demand deposits

Select the answer from the codes given below:

(January Paper-3)

Choices

Choice (4)Response

a.

2,1, 3,4

b.

3,4, 2,1

c.

1,2, 4,3

d.

2,1, 4,3

Question 589

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

For testing the association of attributes which of the following tests is suitable? (January Paper-2)

Choices

Choice (4)Response

a.

Z test

b.

F test

c.

Test

d.

t test

Question 590

Functioning of Monetary Policy in India

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

If the Reserve Bank of India wishes to decrease the money supply, it should (January Paper-3)

Choices

Choice (4)Response

a.

Lower the reserve requirements

b.

Raise the discount rate

c.

Buy treasury bills in the open market

d.

Raise statutory liquidity ratio

Developed by: