GATE (Graduate Aptitude Test in Engineering) Economics: Questions 216 - 219 of 1256

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Question 216

Functioning of Monetary Policy in India

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

For the following policy rates (as on 30.9. 2016) of the RBI, arrange them in the descending order of their magnitude and select the answer from the codes given below:

I. Bank Rate

II. Repo rate

III . SLR

Iv. Reverse Repo rate

Choices

Choice (4)Response

a.

III, II, IV, I

b.

III, I, IV, II

c.

I, II , III, IV

d.

III, I, II, IV

Question 217

General Equilibrium Analysis

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

The locus of Pareto Optimality in Production and Consumption is given by (December)

Choices

Choice (4)Response

a.

The Social Welfare Function

b.

The Transformation Curve

c.

The Grand Utility Possibility Curve

d.

The Utility Possibility Curve

Question 218

Appeared in Year: 2013 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

PL-480 grants was used to import food grains. (December)

Reason(Ꭱ)

PL-480 grants facility was granted by Japan.

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.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

Question 219

Environment as a Public Good

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Suggest the correct choices about the nature of the Environmental Economics:

I. Nature of Market failure is similar to public goods under public finance.

II. Willingness to pay can be negative.

III. It deals for items that are not used.

IV. It deals for items that are used. (June)

Choices

Choice (4)Response

a.

I, II & III

b.

I, II, III & IV

c.

II, III & IV

d.

II & IV

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