NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 35 - 39 of 851

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Question number: 35

» Development and Planning » Theories of Development » Lewis Model of Development

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Appeared in Year: 2017

MCQ▾

Question

Central problem in the theory of economic development is to understand the process by which a community which was previously saving 4 to 5 percent or less of its national income, converts itself into an economy where voluntary saving is running about 12 to 15 of national income or more. Which among the following economists is attributed with this view?

Choices

Choice (4) Response

a.

W Arthur Lewis

b.

Ragner Nurkse

c.

PN Rogenstein Rodan

d.

Gunnar Myrdal

Question number: 36

» Statistical Methods » Measures of Central Tendency, Dispersion, Skewness and Kurtosis

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Appeared in Year: 2017

MCQ▾

Question

For a symmetrical distribution skewness is

Choices

Choice (4) Response

a.

3

b.

2

c.

0

d.

1

Question number: 37

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

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Appeared in Year: 2014

MCQ▾

Question

A tax imposed on a commodity according to its weight, size or measurement is called (June)

Choices

Choice (4) Response

a.

Double taxation

b.

Specific tax

c.

Single tax

d.

Advalorem tax

Question number: 38

» Micro-Economic Analysis » Elements of General Equilibrium & New Welfare Economics

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Appeared in Year: 2017

MCQ▾

Question

Which among the following allocation/distribution corresponds to the Rawlsian concept of equity?

Choices

Choice (4) Response

a.

Maximise the utility of the least well off people

b.

Maximise the total utility of all members of the society

c.

Market outcomes are most equitable

d.

All members of the society receive equal amount of goods

Question number: 39

» International Economics » Theories of International Trade

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Appeared in Year: 2017

MCQ▾

Question

Consider the following concepts:

I. Leontief Paradox

II. Linder Hypothesis

Which among the following can be treated as exception to the conclusions of the Heckscher Ohlin theory? Answer from the questions below:

Choices

Choice (4) Response

a.

Only II is an exception

b.

I and II are exception

c.

Only I is an exception

d.

Neither I nor II are exception