GATE (Graduate Aptitude Test in Engineering) Economics: Questions 102 - 105 of 1256

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Question 102

Pattern & Structure of Growth

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which among the following called trade as the hand maiden of growth?

Choices

Choice (4)Response

a.

J Viner

b.

Irwing B Kravis

c.

J Bhagwati

d.

Anne Kruger

Question 103

Theories of Inflation and Expectations Augmented Phillips Curve

Appeared in Year: 2013 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match price indices in India given in List I with their latest base year in List-II: (December)

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

Wholesale Price Index

(i)

2001 = 100

(B)

Consumer Price Index (New Series)

(ii)

2010 = 100

(C)

Industrial Workers (CPIIW)

(iii)

1986 - 87 = 100

(D)

Agricultural Laborers (CPIAL)

(iv)

2004 - 05 = 100

Choices

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

a.

  • (iii)
  • (ii)
  • (i)
  • (iv)

b.

  • (i)
  • (iv)
  • (iii)
  • (ii)

c.

  • (iv)
  • (ii)
  • (i)
  • (iii)

d.

  • (ii)
  • (iv)
  • (iii)
  • (i)

Question 104

Tax Reforms-Goods and Services Tax

Appeared in Year: 2017 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

The principle of progressive taxation is generally accepted state policy.

Reason(Ꭱ)

Progressive taxation does not affect distribution of income and wealth.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are false

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

d.

Ꭺ is true but Ꭱ is false

Question 105

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Marginal rate of transformation between two goods X and Y is given as

Choices

Choice (4)Response

a.

b.

c.

d.

All of the above

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