NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 228 - 232 of 851

Access detailed explanations (illustrated with images and videos) to 851 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. Subscription can be renewed yearly absolutely FREE! View Sample Explanation or View Features.

Rs. 400.00 or

How to register?

Question number: 228

» Indian Economy » Basic Economic Indicators » National Income

Edit

Appeared in Year: 2017

MCQ▾

Question

Which of the following are not considered as flow variables in economic analysis?

Choices

Choice (4) Response

a.

Supply and Demand

b.

Saving and Investment

c.

Money Supply and Public Debt

d.

Exports and Imports

Question number: 229

» International Economics » Impact of Tariffs » Political Economy of Non-Tariff Barriers

Edit

Appeared in Year: 2014

MCQ▾

Question

The European Union has achieved all of the following, except (June)

Choices

Choice (4) Response

a.

Established a common system of agricultural price supports

b.

Adopted a common fiscal policy for member nations

c.

Disbanded all tariffs between its member countries

d.

Levied common tariffs on products imported from nonmembers

Question number: 230

» Micro-Economic Analysis » Theory of Demand » General Equilibrium and Welfare Economics

Edit

Appeared in Year: 2013

MCQ▾

Question

The condition of Pareto Optimality holds correct under (December)

Choices

Choice (4) Response

a.

Monopoly

b.

Monopolistic Competition

c.

Perfect Competition

d.

Oligopoly

Question number: 231

» Industrial Structure and Economic Growth » Pattern of Industrialization

Edit

Appeared in Year: 2014

MCQ▾

Question

Which Industrial Policy Resolution gave the public sector a strategic role in the Indian Economy? (June)

Choices

Choice (4) Response

a.

1980

b.

1977

c.

1956

d.

1948

Question number: 232

» Public Finance » Public Revenue » Approaches to the Division of Tax Burden

Edit

Appeared in Year: 2017

Assertion-Reason▾

Question

Assertion (Ꭺ)

A progressive Income Tax is based on Equi marginal sacrifice.

Reason (Ꭱ)

Higher the income, lower will be the marginal utility of money for the tax payers.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are false

b.

Ꭺ is true but Ꭱ is false

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