GATE (Graduate Aptitude Test in Engineering) Economics: Questions 70 - 73 of 1256

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Question 70

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

What is the main purpose of U. N. E. P. ? (December)

Choices

Choice (4)Response

a.

Reduction in temperature

b.

Economic development

c.

Equal development

d.

Sustainable development

Question 71

Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Which of the following items of private final consumption expenditure has the largest share (in the PFCE) in recent years in the Indian Economy? (December)

Choices

Choice (4)Response

a.

Clothing & Footwear

b.

Transport & Communication

c.

Furniture, Furnishings, etc.

d.

Gross rent, Fuel & Power

Question 72

Tax Reforms-Goods and Services Tax

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Which of the following is Musgrave՚s views on incidence of taxation? (June)

Choices

Choice (4)Response

a.

Settlement of tax on ultimate taxpayer.

b.

Formal and effective incidence of taxation.

c.

Changes in the distribution of income for private use arising from changes in budget policy.

d.

The final direct money burden of a tax.

Question 73

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

The immediate cause for the collapse of the Bretton Woods system was (December)

Choices

Choice (4)Response

a.

The attempt by three small European Central Banks to convert part of their dollar holdings into gold at the Fed.

b.

The massive flight of liquid capital from the U. S.

c.

The expectation that the U. S. would soon be forced to devalue the dollar.

d.

All a., b. and c. are correct

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