GATE (Graduate Aptitude Test in Engineering) Economics: Questions 328 - 331 of 1256

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Question 328

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Which of the following is not satisfied for independence of two events A and B? (Paper II)

Choices

Choice (4)Response

a.

P (A/B) = P (A)

b.

P (B/A) = P (B)

c.

P (A, B) = P (A) + P (B)

d.

P (A, B) = P (A) P (B)

Question 329

Appeared in Year: 2016 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

Agricultural Productivity is very low in India. (Paper III)

Reason(Ꭱ)

Rate of growth of population is high in India.

Choices

Choice (4)Response

a.

Ꭺ is true but Ꭱ is false

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are false

d.

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

Question 330

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Which among the following is the reason for Convergence exhibited by the Solow growth model? (Paper III)

Choices

Choice (4)Response

a.

Constant rate of growth of population

b.

Declining marginal productivity of capital.

c.

Static capital-labour ratio.

d.

Neutral technical progress.

Question 331

Tax Reforms-Goods and Services Tax

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Given the budgetary parameters including public expenditure remaining the same, then as a result of imposition of a tax, if the pattern of distribution of income changes, then such an incidence is called (Paper II)

Choices

Choice (4)Response

a.

Specific tax incidence

b.

Monetary incidence

c.

Effective incidence

d.

Relative incidence

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