Macroeconomics-National Income Accounting [GATE (Graduate Aptitude Test in Engineering) Economics]: Questions 1 - 5 of 24

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Question 1

National Income Accounting
Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

The premise, that benefit of economic growth will reach all sections of population is called (December)

Choices

Choice (4)Response

a.

Trickle up effect

b.

Backlash effect

c.

Trickle-down effect

d.

Take-off effect

Question 2

National Income Accounting
Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

As per provisional data released by C. S. O. for Q1 of 2012 - 13, the GDP growth has been estimated at (December)

Choices

Choice (4)Response

a.

6.2 %

b.

5.1 %

c.

5.5 %

d.

5.9 %

Question 3

National Income Accounting
Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Which of the following year of the 11th Five Year Plan registered the highest GDP growth rate? (December)

Choices

Choice (4)Response

a.

2008 - 09

b.

2007 - 08

c.

2010 - 11

d.

2009 - 10

Question 4

National Income Accounting
Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Which of the following items of private final consumption expenditure has the largest share (in the PFCE) in recent years in the Indian Economy? (December)

Choices

Choice (4)Response

a.

Clothing & Footwear

b.

Transport & Communication

c.

Furniture, Furnishings, etc.

d.

Gross rent, Fuel & Power

Question 5

National Income Accounting
Closed Economy Concepts and Measurement and Open Economy Issues

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Which of the following is correct about the ‘Hindu Growth Rate’ ? (June)

Choices

Choice (4)Response

a.

Shows economic disparities among different social groups in India.

b.

Hints at accelerated growth in India since 1980

c.

Reflects low growth performance of the Indian economy during 1950 - 80.

d.

This is about economic growth of the Hindu population.

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