1. Prebisch-Singer thesis enunciates which of the following? 1. International trade has been operating as a mechanism of international inequalities and has, therefore, retarded the development of less developed countries. 2. The strategy of import substituti on as a means to achieve self-suciency in industrial production, has led to ma! allocation of resources and a very bad eect on industrial productivity productivity.. elect the correct ans"er by using the code given belo" #a$ l only #b$ 2 only #c$ %oth 1 and 2 #d$ &either 1 nor 2
2. If the supply of a commodity is very inelastic in the exporting country and demand for the same is fairly elastic in the importing country the imposition of tari! will have which one of the following? #a$ ' very large protective eect #b$ &o protective eect at all #c$ ' very large revenue eect #d$ ' very small protective eect
". If an Indian exporter exports to #angladesh $s. %&&&& worth of goods payable in three months the balance of payment for India will show which one of the following? #a$ (urrent account credit goes up and capital account debit also goes up by )s. *+,+++ each #b$ (urrent account credit goes do"n and capital account debit goes up by )s. *+,+++ each #c$ (urrent account credit goes do"n and capital account debit also goes do"n by )s. *+,+++ each #d$ (urrent account credit goes up and capital account debit goes do"n by )s. *+,+++ each
'. (evaluation ma)es #alance of Payments worse in the short-run and then improves it in the long-run. *hat is this phenomenon )nown as? #a$ arshall -erner condition #b$ -curve eect #c$ oney illusion eect #d$ %ac/"ash eect
%. *hich one of the following is considered as non-debt creating foreign investment in+ow? #a$ 0ternal assistance #b$ oreign direct investment #c$ %orro"ing from the I #d$ (ommercial borro"ings
,. xchange rates are )ept same in all the parts of mar)et by using which one of the following? #a$ 3)s #b$ 'rbitrage #c$ ledging #d$ peculation
. /n over-valued currency in the foreign exchange mar)et will have which one of the following impacts in India? #a$ a/e imports costlier and eports cheaper #b$ 4ill ha5e no eect on cost of imports #c$ 6ive protection to domestic industry against foreign competition #d$ a/e imports cheaper and eports costlier
0. he in+ationary impact of the in+ow of foreign capital in India is neutralied by the $eserve #an) of India by which one of the following methods? #a$ 7ermitting out8o" of foreign echange #b$ ale of securities in the open mar/et #c$ acilitating imports of essential commodities #d$ 7ermitting depreciation of Indian rupee in the foreign echange mar/et
3. *hich one of the following is the correct se4uence in the process of economic integration between di!erent countries? #a$ (ommon mar/et9ree trade area9(ustom union9 0conomic union #b$ ree trade area9(ustom union9(ommon mar/et9 0conomic union #c$ ree trade area9(ommon mar/et9(ustom union9 0conomic un ion
#d$ (ommon mar/et9ree trade area90conomic union9 (ustom un ion
1&. 5nder 6old Standard how can a surplus in a country7s balance of payments be eliminated? #a$ %y in8o" of gold and a rise in general price level #b$ %y out8o" of gold and a rise in general price level #c$ %y in8o" of gold and a fall in general price level #d$ %y out8o" of gold and a fall in general price level
11. *hich one of the following governs the theory which brings parity with respect to convertibility of currency into gold content? #a$ int parity of echange #b$ pecial 3ra"ing )ights #c$ loating echange rate #d$ ultiple echange rate
12. In order to reduce the balance of payment de8cits of the member countries which one of the following schemes was introduced by the *orld #an) in 130&? #a$ %uer stoc/ loans #b$ upplementary loans #c$ tructural ad:ustment loans #d$ 6old loans
1". Special (rawing $ights 9S($s: introduced by the I;P are in which form? #a$ 6old #b$ %oth silver and gold #c$ 7aper currency #d$ %oo/-/eeping entry only
1'. *hich one of the following does not constitute a part of the
#c$ 'greement related to agriculture #d$ )egional trade agreements
1%. /ssertion 9/: / balance of payments de8cit is always and every where a monetary phenomenon. $eason 9$:> / balance of payments de8cit cannot be corrected through changes in money supply odes> #a$ %oth ' and ) are individually true and ) i s the correct eplanation of ' #b$ %oth ' and ) are individually true but ) i s not the correct eplanation of ' #c$ ' is true but ) is false #d$ ' is false but ) is true
1,. *hich one of the following is not a component of foreign aid of a country? #a$ %ilateral grant #b$ ultilateral grant #c$ oans from international ;nancial institutions #d$ (ommercial borro"ing
1. *hat is the assumption that economic growth will percolate down to all sectors )nown as? #a$ 3ispersal theory #b$ Tric/le do"n theory #c$ 7ump priming #d$ 3ecentrali
10. In plan models which type of model is generally used to chec) consistency among various sectors? #a$ =arrod -3omar model #b$ Input-output model #c$ inear programming model #d$ olo" model
13. onsider the following / dual economy implies 1. the existence of domestic and export mar)ets. 2. modern industry and commercial agriculture co-existing with subsistence farming and traditional handicrafts. *hich of the statements given above is@are correct? #a$ 1 only #b$ 2 only #c$ %oth 1 and 2 #d$ &either 1 nor 2
2&. heory of lin)ages is most appropriate for which )ind of development models? #a$ %alanced gro"th models #b$ >nbalanced gro"th models #c$ 7opulation gro"th models #d$ ?ne sector gro"th models
21. *ith which one of the following is bac)ward bending supply curve usually associated. #a$ and #b$ abour #c$ (apital #d$ ?rganisation
22. *hich one of the following is the correct expression for the actual rate of growth 9g:? #a$ g @ sAc #b$ g @ s c #c$ g @ s B c #d$ g @ 4here s @ the ratio of saving to income c @ actual incremental capital- output ratio
2". Inverted-5 hypothesis of Aunets is associated with movement of which one of the following? #a$ (onsumption inequality #b$ 4ealth inequality #c$ Income inequality #d$ Ta inequality
2'. ;atch Bist-I with Bist-II and select the correct answer by using the code given below the lists> Bist-I 9;odel:
Bist -II 9Proposition:
/. ;arxist model of economic development variables
1.6ive importance to non-economic
#. Carrod-(omar growth model assumed
2. Dlexible capital-output ratio is
. Solow7s growth model
". Productive capacity is e4ual to
aggregate demand (. Aaldor7s growth model
'. Structural ;al Ead
growing economy (odeC '%(3 #a$ 5 2 D 1 #b$ 1 D 2 5 #c$ 5 D 2 1 #d$ 1 2 D 5
2%. *hich one of the following is a component of dise4uilibrium mentioned often in the context of trade and development? #a$ )evenue gap #b$ avings-investment gap #c$ Income gap #d$ 0penditure gap
2,. he Deldman E ;ahalanobis growth model which one of the following strategies is followed? #a$ 0mphasi
2. onsider the following sectors> 1. lectrical 4uipments 2. Service Sector ". Dood Processing Industries '. ;etallurgical Industries *hich one of the following is the correct se4uence in ascending order in terms of their share in attracting D(I in+ows in India? #a$ 5-D-2-1 #b$ 1-2-D-5 #c$ 2-1-D-5 #d$ 1-2-5-D
20. *hat is the ma
23. Cow is GPath dependency de8ned as? #a$ ' condition of the past aecting the past situation #b$ ' comparatively fast path of progress of economy #c$ ' condition on "hich the past conditions of an individual or economy aects future condition #d$ ' slo" path of progress of the economy
"&. *hat are the suFcient conditions for operation of stage theories of growth?
1. *ell-integrated commodity and money mar)ets. 2. Cighly developed transport facilities ". *ell-trained wor)force and an eFcient bureaucracy '. xistence of a federal structure. Select the correct answer by using the codes given below #a$ 1, 2, and 5 #b$ 2, D, and 5 #c$ 1, D, and 5 #c$ 1, 2, and D
"1. *hat is the correct se4uence of the ;arxian stage theory of growth? 1. Slavery 2. Primitive ommunism ". Socialism '. ommunism %. Deudalism ,. apitalism Select the correct answer by using the codes given below #a$ 1929D959*9E #b$ 2919*9E9D95 #c$ 1929*9E9D-5 #d$ 2919*FE959D
"2. apital fundamentalism refers to which one of the following? #a$ (apital structure of a country #b$ 'ccelerated capital accumulation for development #c$ ' capitalistic system of economy #d$ 6ro"th of capital ependiture
"". o ma)e meaningful international comparisons of income and living standards which one of the following is most appropriate?
#a$ ' measure of purchasing po"er parity #b$ ' measure of per capita income #c$ 'n inde of poverty #d$ 'n inde of infrastructure development
"'. If the Paasche7s index is 13, and Dishers7 index is 21& what is the value of the Baspeyre7 index? #a$ 22+ #b$ 21* #c$ 22* #d$ 2D+
"%. consider the following statements he coeFcient of correlation. 1. is not a!ected by a change of origin and scale. 2. lies between Ha and ct ". is a relative measure of linear association between two or more variables. *hich of the statements given above is@are correct? #a$ 1 only #b$ 2 and D #c$ l and D #d$1, 2 and D
",. In a certain distribution the following results were obtained J K '% ;edian K '0 oeFcient of s)ew ness K H &.". *hat is the value of standard deviation? #a$ 2+ #b$ 2* #c$ 2G #d$ D+
". he 8rst 4uartile derived from set of observations is 2 and its 4uartile deviation is 1. *hat is its third 4uartile? #a$ *H #b$ E1 #c$ E* #d$ *
"0. *hat is a cumulative percentage curve called? #a$ requency density curve #b$ ?give curve #c$ oren< curve #d$ requency polygon
"3. /ssertion 9/: > Disher7s index number is an ideal one. $eason 9$: > In the Disher7s index number the upward bias of Baspeyre7s index and downward bias of Paasche7s index are balanced to a great extent. (odesC #a$ %oth ' and )are individually true and ) is the correct eplanation of ' #b$ %oth ' and ) are individually true but ) i s not the correct eplanation of ' #c$ ' is true but ) is false #d$ ' is false but ) is true
-
'&. ;atch Bist-I with Bist-II and select the correct answer using the code given below the lists> Bist EI 9ype of 5nemployment: /. Drictional 5nemployment
Bist-II 9/ssociated Dact: 1.Lon-availability of
#. Structural 5nemployment
2. ;arginal productivity is ero
. Seasonal 5nemployment
". 5se of obsolete technology for production
(. (isguised 5nemployment (odeC '%(3
'. Population pressure on land
#a$ 5 2 1 D #b$ 1 D 5 2 #c$ 5 D 1 2 #d$ 1 2 5 D
'1. /ccording to the ,&th $ound of LSS= Survey on mployment and 5nemployment unemployment rate on current daily status basis 9number of person days per 1&&& person days: was highest for which one of the following categories? #a$ )ural male #c$ >rban male #b$ )ural female #d$ >rban female
'2. *hich one of the following committees was set up to review the concept of poverty line? #a$ . (ha/ravarty (ommittee #b$ 3.T, a/da"ala (ommittee #c$ J.&. 4anchoo (ommittee #d$ ).(. 3ust (ommittee
'". *hich one of the following countries has the highest life expectancy at birth? #a$ 7a/istan #b$ India #c$ &epal #d$ ri an/a
''. /ccording to ensus-2&&1 data what is the urban population as percentage of total population of India? #a$ 2D.DK #b$ 2*.K #c$ 2.GK #d$ 2G.HK
'%. *hich category of the target groups is not included in the SC6 ban) lin)age programme for micro-8nance to agriculture? #a$ >nemployed non-agricultural labourers #b$ 'gricultural and non-agricultural labourers #c$ mall and marginal farmers #d$ 'rtisans and craftsmen
',. onsider the following components of money supply in India 1. urrency in circulation. 2. #an)er7s deposits with the $#I ". =ther deposits with the $#I '. (emand deposits of ban)s *hich of the above are the components of $eserve ;oney? #a$ l and D #b$ l, 2 and D. #c$ 1, 2 and 5 #d$ 2, D and 5
'. onsider the following statements for Indian ;illennium (eposits 9I;(s: scheme. 1. he scheme was launched by the $eserve #an) of India. 2. It was intended for L$Is and resident Indians both. ". he tenure of I;(s was % years. *hich of the statements given above is@are correct? #a$ D only #b$ 2 only #c$ 1 and 2 #d$ 2 and D
'0. onsider the following statements in respect of the enth Plan 1. his plan has speci8c monitorable targets in respect of poverty. 2. (ecline in incremental capital-output ratio is to be achieved through creating new capacities.
*hich of the statements given above is@are correct? #a$ 1 only #b$ 2 only #c$ %oth #d$ &either 1 nor 2
'3. In which of the following y was the highest growth of general index of industrial production in India registered? #a$ 2++1-+2 #b$ 2++2-+D #c$ 2++D-+5 #d$ 2++5-+*
%&. 6rowth rate in LLP at factor cost 9at constant prices: has been highest during which Dive-Mear Plan? #a$ &inth 7lan #b$ 0ighth 7lan #c$ eventh 7lan #d$ ifth 7lan
/LS*$S>1- /ns. 9a: 2- /ns. 9a: "- /ns. 9d: '- 'ns. #b$ *- 'ns. #b$ E- /ns. 9b: - /ns. 9d: 0- /ns. 9b: 3- /ns. 9b: 1& - /ns. Nd: 11- /ns. 9a: 12./ns. 9c: 1". /ns. 9d: 1'./ns. 9d: 1%./ns. 9c: 1,. ans. #d$
1./ns. 9b: 10. /ns 9b: 13./ns. 9b: 2&. /ns. 9b: 21./ns. 9b: 22./ns. 9a: 2"./ns. 9c: 2'. /ns. 9c: 2%. /ns. 9b: 2,. /ns. 9c: 2. ans. 9a: 20. /ns. 9b: 23. ans. 9c: "&. /ns. 9d: "1. /ns. 9b: "2. /ns. 9b: "". /ns. 9a: "'. /ns. 9c: "%. /ns. 9c: ",./ns. 9d: ". /ns 9b: "0. /ns. 9b: "3. /ns. 9c: '&./ns. 9b: '1. /ns. 9a: '2. /ns. 9b: '". /ns. 9d: ''. /ns. 9c: '%. /ns. 9a: ',. /ns. 9#: '. /ns. 9a:
'0./ns. 9a: '3./ns. 9d: %&. /ns. 9b:
