NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 219 - 223 of 1011

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Question number: 219

» Public Finance » Public Revenue » Taxable Capacity Public Debt

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Appeared in Year: 2014

MCQ▾

Question

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 number: 220

» Statistical Methods » Elementary Theory of Probability » Poisson and Normal Distributions

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Appeared in Year: 2013

Assertion-Reason▾

Question

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

Question number: 221

» Statistical Methods » Simple Correlation and Regression Analysis

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Appeared in Year: 2013

MCQ▾

Question

Given the two regression lines estimated from given data as under:

Then coefficient of correlation between X and Y will be (December)

Choices

Choice (4) Response

a.

0.4

b.

0.6

c.

0.8

d.

0.5

Question number: 222

» Public Finance » Public Revenue » Incidence and Effects of Taxation

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Appeared in Year: 2013

MCQ▾

Question

The distribution of the burden of paying a tax is called (December)

Choices

Choice (4) Response

a.

Incidence of a tax

b.

Shifting of the tax

c.

Sharing of tax burden

d.

Tax capitalization

Question number: 223

» Micro-Economic Analysis » Theory of Pricing » Monopoly, Monopolistic Competition, Duopoly and Oligopoly

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Appeared in Year: 2017

MCQ▾

Question

Which among the following is/are true for a Cartel?

  1. It aims at maximizing of individual firms profit.

  2. It decides the total output in the industry to which Cartel represents.

  3. It does not fix the price at which members sell their output.

Answer from the code below:

Choices

Choice (4) Response

a.

I and II are true.

b.

All are true.

c.

Only II is true

d.

Only I and III are true

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