GATE (Graduate Aptitude Test in Engineering) Economics: Questions 310 - 313 of 1256

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Question 310

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Which of the following issues did the Uruguay Round not address? (September)

Choices

Choice (4)Response

a.

Intellectual Property Rights

b.

Tariff

c.

Migration

d.

Services

Question 311

Appeared in Year: 2013 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

The public distribution system in India has close links with food security for the vulnerable segments of population. (September)

Reason(Ꭱ)

Public distribution system is failure 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.

Ꭺ is true but Ꭱ is false

d.

Both Ꭺ and Ꭱ are false

Question 312

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

What is the formula for tax devolution used by the Thirteenth Finance Commission of India? Formula-Population (%) (1971) -Area (%) -Fiscal capacity distance (%) -Fiscal Discipline (September)

Choices

Choice (4)Response

a.

17.5 - 10.0 - 25.0 - 47.5

b.

10.0 - 25.0 - 47.5 - 17.5

c.

25.0 - 10.0 - 47.5 - 17.5

d.

25.0 - 17.5 - 10.0 - 47.5

Question 313

Instruments (Direct and Indirect) of Monetary Policy

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

For a small economy in a flexible exchange rate system that begins in the long-run equilibrium point, a higher rate of inflation in the short-run will be followed by (September)

Choices

Choice (4)Response

a.

Contractionary monetary policy and real exchange rate appreciation.

b.

An increase in the exchange rate and decline in net exports.

c.

Decrease in the exchange rate and an increase in net exports.

d.

Explanatory monetary policy and real exchange rate depreciation

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