GATE (Graduate Aptitude Test in Engineering) Economics: Questions 971 - 975 of 1256

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Question 971

Marginal Productivity Theory of Distribution in Perfectly Competitive Markets

Question

MCQ▾

Cournot model adopts what kind of strategy is used to examine profit maximisation

Choices

Choice (4)Response

a.

One firm sets that the price and the other firm follows

b.

One firm sets the quantity and the firm follows

c.

One firm makes the choice without knowing the choice made by the other firm

d.

None of the above

Question 972

Regulation of Market -Collusion and Consumers' Welfare

Question

MCQ▾

In 2016, the Noble prize in Economics was awarded for:

Choices

Choice (4)Response

a.

Analysis of trade pattern and location of economic activity

b.

Analysis of asset prices

c.

Analysis of globalization

d.

Contributions to contract theory

Question 973

Question

MCQ▾

Which of the following are liabilities of commercial banks

1) Capital and resources

2) Cash and balance with RBI

3) Investment

4) Borrowing

Choices

Choice (4)Response

a.

2,3, 4

b.

1 & 4

c.

1,2, 3

d.

1 & 2

Question 974

Question

MCQ▾

Factor endowment theory is also known as

1. Modern theory of international trade.

2. Classical theory of international trade.

3. Reciprocal demand theory.

4. Factor proportion theory of international trade.

Choices

Choice (4)Response

a.

3 and 4

b.

2 and 3

c.

1 and 2

d.

1 and 4

Question 975

Question

MCQ▾

What is main purpose of UNEP?

Choices

Choice (4)Response

a.

Economic development

b.

Reduction in temperature

c.

Equal development

d.

Sustainable development

Developed by: