NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 374 - 377 of 1011

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Question number: 374

» Micro-Economic Analysis » Theory of Production and Costs

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Appeared in Year: 2013

Assertion-Reason▾

Question

Assertion (Ꭺ)

The rate of fall of MR Curve is more than twice the rate of fall of AR. (September)

Reason (Ꭱ)

The MR & AR Curves are linear and negatively sloped.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Both Ꭺ and Ꭱ are false

c.

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

d.

Ꭺ is false but Ꭱ is true

Question number: 375

» Industrial Structure and Economic Growth » Pattern of Industrialization

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Appeared in Year: 2013

MCQ▾

Question

Which one of the following is not reserved for public sector? (September)

Choices

Choice (4) Response

a.

Railways

b.

Insurance

c.

Atomic energy

d.

Port Trust of India

Question number: 376

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

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Appeared in Year: 2013

MCQ▾

Question

Which of the following is true with regard to peak-load pricing?

(1) It is applicable only for electrical public utilities.

(2) It leads to substitution in consumption from the period of peak demand to the period of low demand.

(3) It leads to reduction in consumer welfare.

(4) It leads to higher consumer welfare during peak periods when demand and marginal costs are low. (September)

Choices

Choice (4) Response

a.

(1) & (3) only.

b.

(1) & (2) only.

c.

(2) & (4) only.

d.

(2) & (3) only.

Question number: 377

» Indian Economy » Public Finance » Trends in Revenue and Expenditures

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Appeared in Year: 2013

MCQ▾

Question

Which of the following can be linked with those providing method for estimating black money in India?

I. Kaldor’s approach

II. NIPFP method

III. O. P. Chopra’s method

IV. Arjun Sengupta (September)

Choices

Choice (4) Response

a.

I & II

b.

II, III & IV

c.

I, III & IV

d.

I, II & III

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