GATE (Graduate Aptitude Test in Engineering) Economics: Questions 1185 - 1187 of 1256

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Question 1185

Pattern & Structure of Growth

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Which of the following is NOT correct with reference to the service sector of Indian economy? (June)

Choices

Choice (4)Response

a.

Service sector has the largest share in employment

b.

The element of inclusiveness is missing in the service sector

c.

Service sector՚s growth has been higher than growth of agriculture sector

d.

Service sector has the largest share in the GDP

Question 1186

Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

An enterprise-wise resource planning (ERP) system integrates the organization՚s Computerized subsystems and may also provide links to external parties. Identify the advantage of ERP

Choices

Choice (4)Response

a.

Customizing the software to suit the unique needs of the organization of all sizes

b.

It can be installed by organization of all sizes

c.

The reengineering needed for its implementation should improve business processes

d.

The comprehensiveness of the system reduces resistance to change

Question 1187

Theories of Inflation and Expectations Augmented Phillips Curve

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

When too much money chases too few goods, the resulting inflation is called.

Choices

Choice (4)Response

a.

Stagflation

b.

Cost push inflation

c.

Demand pull inflation

d.

Deflation

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