26
Which was the scheme launched in 25th Dec 2000 to provide all weather road connectivity in rural areas of the country?
Answer
C. PMGSY
27
Which programme aimed to support the "poorest of poor"?
Answer
B. AAY
28
Which is the grassroots of kudumbasree project?
Answer
B. NHGs
29
PMAGY is
Answer
B. Pradhan Mantri Adharsh Grameen Yojana
30
Rajiv Gandhi gramin vidyudikaran yojana was a scheme for ..............
Answer
B. Scheme for rural electricity and household electrification
31
Which of the following best describes the methodology of Microeconomics?
Answer
C. Comparative static, descriptive and partial equilibrium
32
In the case of Giffen goods substitution effect is
Answer
A. Smaller than income effect
33
''Beautiful mind'' is the biography of which mathematical genius who won Nobel Prize in Economics
Answer
B. John F. Nash
34
A dynamic demand function postulates
Answer
B. Lagged values of demand and income
35
If income is either Rs. 250 with probability p=0.40 or Rs. 2,500 the expected income is
Answer
D. Rs. 1,600
36
Which of the following circumstances in an industry will result in Nash equilibrium?
Answer
A. All firms have a dominant strategy and each firm chooses it
37
Marginal Revenue Product of a factor of production is
Answer
D. Change in total revenue when an additional unit is used
38
Market power is least for the seller in case of
Answer
D. Monopsony
39
The short run average cost curve has a flat stretch over a range of output because of the existence of
Answer
B. Reserve capacity
40
In a Pareto optimal situation
Answer
C. It is impossible to make A or B better off without making any one of them worse off
41
The value of Marginal propensity to consume is
Answer
B. between 0 and 1
42
Which of the following schools of thought follow adaptive expectations?
Answer
D. Orthodox Monetarist
43
Insider outsider model explains
Answer
C. Wage rigidity
44
Classical economists believed in
Answer
D. All of the above
45
The concept of Natural Rate of unemployment is primarily associated with
Answer
A. Milton Friedman
46
In the region of liquidity trap the interest elasticity of money is
Answer
C. very high
47
Phillips curve shows the relation between
Answer
B. inflation and unemployment
48
Which of the following schools believe that forces determining trend growth in an economy are not different from those causing fluctuations so that they consider analysis of growth inseparable from analysis of fluctuations in economic activity?
Answer
A. Real business cycle
49
Post Keynesians believe that Fluctuations in economic activity arise due to
Answer
C. Both demand and supply side factors
50
Relative income hypothesis is primarily associated with
Answer
B. J.S. Duesenberry
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