GATE (Graduate Aptitude Test in Engineering) Economics: Questions 180 - 183 of 1256

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Question 180

Functioning of Monetary Policy in India

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

If the Reserve Bank of India wishes to decrease the money supply, it should

Choices

Choice (4)Response

a.

Buy treasury bills in the open market

b.

Lower the reserve requirements

c.

Raise the discount rate

d.

Raise statutory liquid ratio

Question 181

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

The Bretton Woods System was based on (December)

Choices

Choice (4)Response

a.

A flexible exchange rate system

b.

A gold exchange standard

c.

A gold standard

d.

None of the above

Question 182

Tax Reforms-Goods and Services Tax

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

The concentrations effect explained in Peacock-Wiseman hypothesis implies (June)

Choices

Choice (4)Response

a.

The Central Government՚s economic activity to grow faster than that of subnational Governments

b.

Public expenditure does not increase in smooth and continuous manner

c.

Public expenditure increases the necessity of increased revenue

d.

Absolute level of public expenditure increases

Question 183

Probability Distributions [Discrete and Continuous]

Appeared in Year: 2013 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

For normal distribution Mean = Median = Mode. (December)

Reason(Ꭱ)

Normal distribution is mesokurtic.

Choices

Choice (4)Response

a.

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

b.

Both Ꭺ and Ꭱ are false

c.

Ꭺ is true but Ꭱ is false

d.

Ꭺ is false but Ꭱ is true

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