GATE (Graduate Aptitude Test in Engineering) Economics: Questions 1085 - 1087 of 1256

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Question 1085

Appeared in Year: 2020 (UGC NET)

Question

MCQ▾

Forward exchange rates are useful for those who wish to (September Evening Shift)

A. Protect themselves from the risk that the exchange rate will change before a transaction is completed

B. Gamble that a currency will rise in value

C. Gamble that a currency will fall in value

D. Exchange currencies at a point in time in the future

Choose the correct answer from the options given below:

Choices

Choice (4)Response

a.

A and B only

b.

A, B and C only

c.

A and C only

d.

All a., b. and c. are correct

Question 1086

Poverty and Inequalities -Concepts and Measurement Issues

Appeared in Year: 2020 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

Chronic poverty is the main problem facing India (September Evening Shift)

Reason(Ꭱ)

British colonial rule has caused underdevelopment in India

Choices

Choice (4)Response

a.

Ꭺ is false but Ꭱ is true

b.

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

c.

Both Ꭺ and Ꭱ are false

d.

Ꭺ is true but Ꭱ is false

Question 1087

Marshallian and Hicksian Demand Functions

Question

MCQ▾

Transfer payments by the government are not included in the net domestic product because

Choices

Choice (4)Response

a.

There may be leakage in such payments.

b.

These are gifts from the government to the recipient

c.

No correspondence production of goods and services has taken place to match such payments

d.

They are not counted as commodities

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