d-01-14-ii (economics) inst - cbsenet.nic.in ii/d-01-2.pdf · the correct response against each ite...

24
1. Write your roll number in the space provided on the top of this page. 2. This paper consists of fifty multiple-choice type of questions. 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) To have access to the Question Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. (ii) Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the Question Booklet will be replaced nor any extra time will be given. (iii) After this verification is over, the OMR Sheet Number should be entered on this Test Booklet. 4. Each item has four alternative responses marked (A), (B), (C) and (D). You have to darken the circle as indicated below on the correct response against each item. Example : where (C) is the correct response. 5. Your responses to the items are to be indicated in the OMR Sheet given inside the Paper I Booklet only. If you mark at any place other than in the circle in the OMR Sheet, it will not be evaluated. 6. Read instructions given inside carefully. 7. Rough Work is to be done in the end of this booklet. 8. If you write your Name, Roll Number, Phone Number or put any mark on any part of the OMR Sheet, except for the space allotted for the relevant entries, which may disclose your identity, or use abusive language or employ any other unfair means such as change of response by scratching or using white fluid, you will render yourself liable to disqualification. 9. You have to return the test question booklet and Original OMR Sheet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. You are, however, allowed to carry original question booklet and duplicate copy of OMR Sheet on conclusion of examination. 10. Use only Blue/Black Ball point pen. 11. Use of any calculator or log table etc., is prohibited. 12. There is no negative marks for incorrect answers. 13. In case of any discrepancy in the English and Hindi versions, English version will be taken as final. Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 50 Instructions for the Candidates ¯Ö¸ßõÖÖÙ£ÖμÖÖë Ûê ×»Ö‹ ×®Ö¤ì¿Ö 1. ‡ÃÖ ¯Öéš Ûê ‰ ¯Ö¸ ×®ÖμÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ †¯Ö®ÖÖ ¸Öê»Ö ®Ö´²Ö¸ ×»Ö×ÜÖ‹ … 2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆã×¾ÖÛ »¯ÖßμÖ ¯ÖÏ¿®Ö Æï … 3. ¯Ö¸ßõÖÖ ¯ÖÏÖ¸´³Ö ÆÖê®Öê ¯Ö¸, ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö †Ö¯ÖÛ Öê ¤ê ¤ß •ÖÖμÖêÝÖß … ¯ÖÆ»Öê ¯ÖÖÑ“Ö ×´Ö®Ö™ †Ö¯ÖÛ Öê ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛ ß ×®Ö´®Ö×»Ö×ÜÖŸÖ •ÖÖÑ“Ö Ûê ×»Ö‹ פμÖê •ÖÖμÖëÝÖê, וÖÃÖÛ ß •ÖÖÑ“Ö †Ö¯ÖÛ Öê †¾Ö¿μÖ Û ¸®Öß Æî : (i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö ÜÖÖê»Ö®Öê Ûê ×»Ö‹ ˆÃÖÛê Û ¾Ö¸ ¯Öê•Ö ¯Ö¸ »ÖÝÖß Û ÖÝÖ•Ö Û ß ÃÖß»Ö Û Öê ± Ö›Ì »Öë … ÜÖã»Öß Æã‡Ô μÖÖ ×²Ö®ÖÖ Ã™ßÛ ¸-ÃÖß»Ö Û ß ¯Öã×ßÖÛ Ö Ã¾ÖßÛ Ö¸ ®Ö Û ¸ë … (ii) Û ¾Ö¸ ¯Öéš ¯Ö¸ ”¯Öê ×®Ö¤ì¿ÖÖ®ÖãÃÖÖ¸ ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö Ûê ¯Öéš ŸÖ£ÖÖ ¯ÖÏ¿®ÖÖë Û ß ÃÖÓÜμÖÖ Û Öê †“”ß ŸÖ¸Æ “ÖîÛ Û ¸ »Öë ×Û μÖê ¯Öæ¸ê Æï … ¤Öê ÂÖ¯Öæ ÞÖÔ ¯Öã ×ßÖÛ Ö ×•Ö®Ö´Öë ¯Öé š/¯ÖÏ ¿®Ö Û ´Ö ÆÖë μÖÖ ¤ã²ÖÖ¸Ö †Ö ÝÖμÖê ÆÖë μÖÖ ÃÖß׸μÖ»Ö ´Öë ®Ö ÆÖë †£ÖÖÔŸÖË ×Û ÃÖß ³Öß ¯ÖÏÛ Ö¸ Û ß ¡Öã×™¯ÖæÞÖÔ ¯Öã×ßÖÛ Ö Ã¾ÖßÛ Ö¸ ®Ö Û ¸ë ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖμÖ ˆÃÖê »ÖÖî™ÖÛ ¸ ˆÃÖÛê ãÖÖ®Ö ¯Ö¸ ¤æÃÖ¸ß ÃÖÆß ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö »Öê »Öë … ‡ÃÖÛê ×»Ö‹ †Ö¯ÖÛ Öê ¯ÖÖÑ“Ö ×´Ö®Ö™ פμÖê •ÖÖμÖëÝÖê … ˆÃÖÛê ²ÖÖ¤ ®Ö ŸÖÖê †Ö¯ÖÛ ß ¯ÖÏ ¿®Ö-¯Öã ×ßÖÛ Ö ¾ÖÖ¯ÖÃÖ »Öß •ÖÖμÖê ÝÖß †Öî ¸ ®Ö Æß †Ö¯ÖÛ Öê †×ŸÖ׸ŒŸÖ ÃÖ´ÖμÖ ×¤μÖÖ •ÖÖμÖê ÝÖÖ … (iii) ‡ÃÖ •ÖÖÑ“Ö Ûê ²ÖÖ¤ OMR ¯Ö¡ÖÛ Û ß ÛÎ ´Ö ÃÖÓÜμÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö ¯Ö¸ †Ó×Û ŸÖ Û ¸ ¤ë … 4. ¯ÖÏŸμÖêÛ ¯ÖÏ¿®Ö Ûê ×»Ö‹ “ÖÖ¸ ˆ¢Ö¸ ×¾ÖÛ »¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פμÖê ÝÖμÖê Æï … †Ö¯ÖÛ Öê ÃÖÆß ˆ¢Ö¸ Ûê ¾Öé¢Ö Û Öê ¯Öê®Ö ÃÖê ³Ö¸Û ¸ Û Ö»ÖÖ Û ¸®ÖÖ Æî •ÖîÃÖÖ ×Û ®Öß“Öê פÜÖÖμÖÖ ÝÖμÖÖ Æî … ˆ¤ÖƸÞÖ : •Ö²Ö×Û (C) ÃÖÆß ˆ¢Ö¸ Æî … 5. ¯ÖÏ¿®ÖÖë Ûê ˆ¢Ö¸ Ûê ¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûê †®¤¸ פμÖê ÝÖμÖê OMR ¯Ö¡ÖÛ ¯Ö¸ Æß †Ó×Û ŸÖ Û ¸®Öê Æï … μÖפ †Ö¯Ö OMR ¯Ö¡ÖÛ ¯Ö¸ פμÖê ÝÖμÖê ¾Öé¢Ö Ûê †»ÖÖ¾ÖÖ ×Û ÃÖß †®μÖ Ã£ÖÖ®Ö ¯Ö¸ ˆ¢Ö¸ דÖÅ®ÖÖÓ×Û ŸÖ Û ¸ŸÖê Æï, ŸÖÖê ˆÃÖÛ Ö ´Öæ»μÖÖÓÛ ®Ö ®ÖÆà ÆÖêÝÖÖ … 6. †®¤¸ פμÖê ÝÖμÖê ×®Ö¤ì¿ÖÖë Û Öê ¬μÖÖ®Ö¯Öæ¾ÖÔÛ ¯ÖœÌë … 7. Û ““ÖÖ Û Ö´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛ Ö Ûê †×®ŸÖ´Ö ¯Öéš ¯Ö¸ Û ¸ë … 8. μÖפ †Ö¯Ö OMR ¯Ö¡ÖÛ ¯Ö¸ ×®ÖμÖŸÖ Ã£ÖÖ®Ö Ûê †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸Öê»Ö ®Ö´²Ö¸, ± Öê®Ö ®Ö´²Ö¸ μÖÖ Û Öê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛ ß ¯ÖÆ“ÖÖ®Ö ÆÖê ÃÖÛê , †Ó×Û ŸÖ Û ¸ŸÖê Æï †£Ö¾ÖÖ †³Ö¦ ³ÖÖÂÖÖ Û Ö ¯ÖÏμÖÖêÝÖ Û ¸ŸÖê Æï, μÖÖ Û Öê‡Ô †®μÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö Û Ö ¯ÖÏμÖÖêÝÖ Û ¸ŸÖê Æï, •ÖîÃÖê ×Û †Ó×Û ŸÖ ×Û μÖê ÝÖμÖê ˆ¢Ö¸ Û Öê ×´Ö™Ö®ÖÖ μÖÖ ÃÖ±ê ¤ ÃμÖÖÆß ÃÖê ²Ö¤»Ö®ÖÖ ŸÖÖê ¯Ö¸ßõÖÖ Ûê ×»ÖμÖê †μÖÖêÝμÖ ‘ÖÖê×ÂÖŸÖ ×Û μÖê •ÖÖ ÃÖÛ ŸÖê Æï … 9. †Ö¯ÖÛ Öê ¯Ö¸ßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆÖê®Öê ¯Ö¸ ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛ ×®Ö¸ßõÖÛ ´ÖÆÖê¤μÖ Û Öê »ÖÖî™Ö®ÖÖ †Ö¾Ö¿μÖÛ Æî †Öî¸ ¯Ö¸ßõÖÖ ÃÖ´ÖÖׯŸÖ Ûê ²ÖÖ¤ ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸ßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖƸ ®Ö »ÖêÛ ¸ •ÖÖμÖë … ÆÖ»ÖÖÓ×Û †Ö¯Ö ¯Ö¸ßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ ´Öæ»Ö ¯ÖÏ¿®Ö-¯Öã×ßÖÛ Ö ŸÖ£ÖÖ OMR ¯Ö¡ÖÛ Û ß ›ã¯»ÖßÛê ™ ¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ ÃÖÛ ŸÖê Æï … 10. Ûê ¾Ö»Ö ®Öß»Öê/Û Ö»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ ¯Öê®Ö Û Ö Æß ‡ÃŸÖê´ÖÖ»Ö Û ¸ë … 11. ×Û ÃÖß ³Öß ¯ÖÏÛ Ö¸ Û Ö ÃÖÓÝÖÞÖÛ (Ûî »ÖÛã »Öꙸ) μÖÖ »ÖÖÝÖ ™ê²Ö»Ö †Öפ Û Ö ¯ÖÏμÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æî … 12. ÝÖ»ÖŸÖ ˆ¢Ö¸Öë Ûê ×»Ö‹ Û Öê‡Ô ®ÖÛ Ö¸ÖŸ´ÖÛ †ÓÛ ®ÖÆà Æï … 13. μÖפ †ÓÝÖÏê•Öß μÖÖ ØÆ¤ß ×¾Ö¾Ö¸ÞÖ ´Öë Û Öê‡Ô ×¾ÖÃÖÓÝÖ×ŸÖ ÆÖê, ŸÖÖê †ÓÝÖÏê•Öß ×¾Ö¾Ö¸ÞÖ †Ó×ŸÖ´Ö ´ÖÖ®ÖÖ •ÖÖ‹ÝÖÖ … [Maximum Marks : 100 Time : 1 1 / 4 hours] PAPER-II ECONOMICS (To be filled by the Candidate) Signature and Name of Invigilator OMR Sheet No. : ............................................... Roll No. (In words) 1. (Signature) __________________________ (Name) ____________________________ 2. (Signature) __________________________ (Name) ____________________________ Roll No.________________________________ 01 (In figures as per admission card) D 1 4 D-01-14 1 P.T.O.

Upload: duongnhan

Post on 11-Apr-2019

214 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

1. Write your roll number in the space provided on the top ofthis page.

2. This paper consists of fifty multiple-choice type of questions.3. At the commencement of examination, the question booklet

will be given to you. In the first 5 minutes, you are requestedto open the booklet and compulsorily examine it as below :(i) To have access to the Question Booklet, tear off the

paper seal on the edge of this cover page. Do not accepta booklet without sticker-seal and do not accept an openbooklet.

(ii) Tally the number of pages and number of questionsin the booklet with the information printed on thecover page. Faulty booklets due to pages/questionsmissing or duplicate or not in serial order or anyother discrepancy should be got replaced immediatelyby a correct booklet from the invigilator within theperiod of 5 minutes. Afterwards, neither the QuestionBooklet will be replaced nor any extra time will begiven.

(iii) After this verification is over, the OMR Sheet Numbershould be entered on this Test Booklet.

4. Each item has four alternative responses marked (A), (B), (C)and (D). You have to darken the circle as indicated below on

the correct response against each item.

Example :

where (C) is the correct response.5. Your responses to the items are to be indicated in the OMR

Sheet given inside the Paper I Booklet only. If you markat any place other than in the circle in the OMR Sheet, it willnot be evaluated.

6. Read instructions given inside carefully.7. Rough Work is to be done in the end of this booklet.8. If you write your Name, Roll Number, Phone Number or put

any mark on any part of the OMR Sheet, except for the spaceallotted for the relevant entries, which may disclose youridentity, or use abusive language or employ any other unfairmeans such as change of response by scratching or usingwhite fluid, you will render yourself liable to disqualification.

9. You have to return the test question booklet and OriginalOMR Sheet to the invigilators at the end of the examinationcompulsorily and must not carry it with you outside theExamination Hall. You are, however, allowed to carry originalquestion booklet and duplicate copy of OMR Sheet onconclusion of examination.

10. Use only Blue/Black Ball point pen.11. Use of any calculator or log table etc., is prohibited.12. There is no negative marks for incorrect answers.13. In case of any discrepancy in the English and Hindi versions,

English version will be taken as final.

Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 50

Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö1. ‡ÃÖ ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê

¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ•ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö

Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûú߯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …

(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êüÆïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ üÖ †ÖÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®ÖŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî ü ®Ö Æüß †Ö¯ÖÛúÖê†×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …

(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …

4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖêÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü•ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …ˆ¤üÖÆü¸üÞÖ :•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …

5. ¯ÖÏ¿®ÖÖë Ûêú ¢Ö¸ü Ûêú¾Ö»Ö ÖÏ¿®Ö Ö¡Ö I Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê OMR Ö¡ÖÛú Ö¸ü Æü߆Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פüµÖê ÝÖµÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ×ÛúÃÖß †®µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Ö滵ÖÖÓÛú®Ö®ÖÆüà ÆüÖêÝÖÖ …

6. †®¤ü¸ü פüµÖê ÝÖµÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …8. µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö

®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖêÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô†®µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, •ÖîÃÖê ×Ûú †Ó×ÛúŸÖ ×ÛúµÖê ÝÖµÖꈢָü ÛúÖê ×´Ö™üÖ®ÖÖ µÖÖ ÃÖ±êú¤ü õÖÖÆüß ÃÖê ²Ö¤ü»Ö®ÖÖ ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»ÖµÖꆵÖÖêÝµÖ ‘ÖÖê×ÂÖŸÖ ×ÛúµÖê •ÖÖ ÃÖÛúŸÖê Æïü …

9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛú×®Ö¸üßõÖÛú ´ÖÆüÖê¤üµÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤üˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖµÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ü ´Öæ»Ö ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ŸÖ£ÖÖ OMR ¯Ö¡ÖÛú Ûúß ›ãü¯»ÖßÛêú™ü¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ ÃÖÛúŸÖê Æïü …

10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê ÖÖ»Ö Ûú ëü …11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ

¯ÖϵÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô ®ÖÛúÖ¸üÖŸ´ÖÛú †ÓÛú ®ÖÆüà Æïü …13. µÖפü †ÓÝÖÏê•Öß µÖÖ ØÆü¤üß ×¾Ö¾Ö¸üÞÖ ´Öë ÛúÖê‡Ô ×¾ÖÃÖÓÝÖ×ŸÖ ÆüÖê, ŸÖÖê †ÓÝÖÏê•Öß ×¾Ö¾Ö¸üÞÖ

†Ó×ŸÖ´Ö ´ÖÖ®ÖÖ •ÖÖ‹ÝÖÖ …

[Maximum Marks : 100Time : 1 1/4 hours]

PAPER-IIECONOMICS

(To be filled by the Candidate)

Signature and Name of Invigilator

OMR Sheet No. : ...............................................

Roll No.

(In words)

1. (Signature) __________________________

(Name) ____________________________

2. (Signature) __________________________

(Name) ____________________________Roll No.________________________________

0 1

(In figures as per admission card)

D 1 4

D-01-14 1 P.T.O.

Page 2: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 2 D-01-14

1. Which is called Gossen’s second law ?

(A) Law of Equi-marginal Utility

(B) Law of Diminishing Marginal Utility

(C) Revealed Preference Theory

(D) Indifference Curve Approach

2. When a consumer is in equilibrium, MRSXY is 2.5. If the price of commodity Y is 16, then

what will be the price of commodity X ?

(A) 40 (B) 6.4

(C) 23.2 (D) 24

3. Which of the conditions support long run equilibrium in monopolistic competition ?

(A) MR = MC, AR = AC

(B) P = MC, AR = AC

(C) MR = MC = AR = AC

(D) AR = MC = AC

4. Who explained importance of time element in price determination, for the first time ?

(A) Chamberlin (B) Stigler

(C) Mrs. Joan Robinson (D) Marshall

5. Law of diminishing returns begins to operate when :

(A) Total product begins to rise.

(B) Total product begins to fall.

(C) Marginal product begins to rise.

(D) Marginal product begins to fall.

ECONOMICS

Paper – II

Note : This paper contains fifty (50) objective type questions of two (2) marks each. All

questions are compulsory.

Page 3: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 3 Paper-II

†£ÖÔ¿ÖÖÃ¡Ö ¯ÖÏ¿®Ö¯Ö¡Ö – II

×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü-×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æïü …

1. Ý Ö Öò ÃÖ ê ®Ö ÛúÖ × «üŸ Öß µÖ × ®Ö µÖ ´Ö × ÛúÃÖê ÛúÆüÖ •Ö Ö Ÿ ÖÖ Æî ü ?

(A) ÃÖ ´Ö -ÃÖ ß ´Ö Ö ÓŸ Ö ˆ¯Ö µÖÖ ê× ÝÖ ŸÖ Ö ÛúÖ × ®ÖµÖ ´Ö

(B) ÈüÖ ÃÖ ´Ö Ö ®Ö ÃÖ ß ´ÖÖ ÓŸ Ö ˆ¯Ö µÖÖ ê× ÝÖ ŸÖ Ö ÛúÖ ×®Ö µÖ ´Ö

(C) ¯Ö Ï Ûú×™üŸ Ö †× ¬Ö ´ÖÖ ®Ö ŸÖ Ö × ÃÖ ¨üÖ ÓŸ Ö

(D) Ÿ Ö ™üã ÖŸ ÖÖ ¾ Ö ÛÎ ú †× ³Ö ÝÖ ´Ö

2. •Ö ²Ö ÛúÖ ê ‡Ô ˆ¯Ö ³Ö Öê ŒŸÖ Ö ÃÖ Ö ´µÖÖ ¾Ö ã ÖÖ ´Ö ë Æî ü, MRSXY 2.5 ÆüÖ ê ŸÖ Ö Æî ü … †Ý Ö ¸ü ¾ Ö ÃŸÖ ã Y ÛúÖ ´Ö æ » µÖ 16 Æî ü, ŸÖ Ö ê ¾Ö ÃŸ Öã X ÛúÖ ´Ö æ » µÖ ŒµÖ Ö ÆüÖê Ý ÖÖ ?

(A) 40 (B) 6.4

(C) 23.2 (D) 24

3. ‹ÛúÖ × ¬Ö ÛúÖ ¸ü ¾ ÖÖ » Öß ¯Ö Ï× ŸÖ Ã¯Ö ¬Ö ÖÔ ´Ö ë × ®Ö ´®Ö Ö Ó× ÛúŸ Ö ´Öë ÃÖ ê ÛúÖ î ®Ö ÃÖ ß ¿Ö ŸÖ Ô ¤üß ‘ÖÔÛúÖ » Öß ®Ö ÃÖ Ö ´µÖ ÛúÖ ÃÖ ´Ö £Ö Ô ®Ö Ûú¸üŸ Öß Æî ü ?

(A) MR = MC, AR = AC

(B) P = MC, AR = AC

(C) MR = MC = AR = AC

(D) AR = MC = AC

4. ¯Ö Æü» Ö ß ²Ö Ö ¸ü ´Ö æ» µÖ × ®Ö ¬Ö ÖÔ ¸üÞÖ ´Öë ÃÖ ´Ö µÖ ÛúÖ ¸üÛúÖë Ûê ú ´Ö Æü¢¾ Ö ÛúÖ ê × ÛúÃÖ ®Ö ê Ã¯Ö Â™ü × ÛúµÖ Ö ?

(A) “Ö î ´²Ö ¸ü× » Ö ®Ö (B) × Ã™üÝ Ö »Ö ¸ü

(C) × ´Ö ÃÖ ê •Ö •ÖÖ ò ®Ö ¸üÖ × ²Ö ®ÃÖ ®Ö (D) ´Ö Ö ¿Ö Ô» Ö

5. ÈüÖ ÃÖ ´Ö Ö ®Ö ¯ÖÏ ×Ÿ Ö »Ö Ö ³Ö ÛúÖ × ®Ö µÖ ´Ö Ÿ Ö ²Ö » Ö Ö ÝÖ æ ÆüÖê Ÿ ÖÖ Æî ü •Ö ²Ö :

(A) Ûã ú» Ö ˆŸ ¯ÖÖ ¤ü ´Ö ë ¾ Ö é× ¨ü ¿Ö ã ºþ ÆüÖê •Ö Ö ŸÖ ß Æî ü …

(B) Ûã ú» Ö ˆŸ ¯ÖÖ ¤ü ´Ö ë × Ý Ö¸üÖ ¾Ö ™ü †Ö ®Öê » Ö ÝÖ Ÿ Öß Æî ü …

(C) ÃÖ ß ´Ö ÖÓ Ÿ Ö ˆŸ ¯ÖÖ ¤ü ´Ö ë ¾ Ö é× ¨ü ÆüÖ ê ®Öê » ÖÝ ÖŸÖ ß Æî ü …

(D) ÃÖ ß ´Ö ÖÓ Ÿ Ö ˆŸ ¯ÖÖ ¤ü ´Ö ë × Ý Ö¸üÖ ¾Ö ™ü †Ö ®Öê » Ö ÝÖ Ÿ Öß Æî ü …

Page 4: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 4 D-01-14

6. Consider the following statements regarding Edgeworth Duopoly model :

I. It takes as given output decision of rival.

II. It takes as given price decision of rival.

III. It is an explanation of price rigidity.

Of these, the correct answer is :

(A) Only Statement I is true. (B) Both I & II are true.

(C) Both II & III are true. (D) Only III is true.

7. Public goods are characterised by

1. Collective consumption 2. Divisibility

3. Non-exclusion 4. Rival consumption

Select the correct answer from the code given below :

Codes :

(A) 1 & 2 are correct. (B) 1 & 3 are correct.

(C) 1 & 4 are correct. (D) 2 & 4 are correct.

8. Among the following what causes market failure ?

1. Externality

2. Asymmetry of information

3. Perfect competition

Choose the correct answer from the code given below :

Codes :

(A) 1, 2 & 3 are correct. (B) Only 1 is correct.

(C) 1 & 2 are correct. (D) 2 & 3 are correct.

9. Assuming wage-price flexibility, the classical economists asserted that a decline in money

wages and price would lead to

(A) Unemployment

(B) Deflation

(C) High level of employment and output

(D) Unemployment and decline in output

Page 5: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 5 Paper-II

6. ‹•Ö ¾ Ö£ ÖÔ ›Ë üµÖæ µÖÖ ê ¯ÖÖ ò» Öß ´Ö Ö ò ›ü»Ö Ûê ú ÃÖ Ó²Ö Ó ¬Ö ´Ö ë × ®Ö ´®Ö ÖÓ × ÛúŸÖ Ûú£ Ö ®ÖÖ ë ¯Ö¸ü × ¾Ö “Ö Ö ¸ü Ûú¸ ë ü :

I. ‡ÃÖ ´Ö ë ¯Ö Ï× Ÿ Ö Ã¯Ö ¬Ö á ÛúÖ ˆŸ ¯ÖÖ ¤ü × ®Ö ÞÖÔ µÖ × ¤üµÖ Ö ÝÖ µ Ö Ö ´ÖÖ ®Ö Ö •ÖÖ ŸÖ Ö Æî ü …

II. ‡ÃÖ ´Ö ë ¯Ö Ï× Ÿ Ö Ã¯Ö ¬Ö á Ûê ú ´Ö æ» µÖ × ®Ö ÞÖÔ µÖ ÛúÖ ê × ¤üµÖ Ö ÝÖ µÖÖ ´Ö Ö ®ÖÖ •Ö ÖŸ Ö Ö Æî ü …

III. µÖ Æü ´Ö æ » µÖ ÛúšüÖê ¸üŸÖ Ö Ûúß ¾µÖ ÖܵÖÖ Æî ü …

× ®Ö ´®Ö ÖÓ × ÛúŸÖ ´Ö ë ÃÖ ê ÛúÖî ®Ö ÃÖ Ö ˆ¢Ö ¸ü ÃÖ Æüß Æî ü ?

(A) Ûê ú¾ Ö» Ö Ûú£ Ö ®Ö I ÃÖ Æüß Æî ü … (B) I †Ö î ¸ü II ¤üÖ ê ®Ö Ö ë ÃÖ Æüß Æï ü …

(C) II †Ö î ¸ü III ¤ üÖ ê ®Ö Öë ÃÖ Æüß Æï ü … (D) Ûê ú¾ Ö» Ö III ÃÖ Æüß Æî ü …

7. ÃÖ Ö ¾ ÖÔ •Ö× ®Ö Ûú ¾ Ö ÃŸÖ ã Ûúß × ¾Ö ¿Ö ê ÂÖŸ ÖÖ ÆüÖ êŸ Ö ß Æî ü

1. ÃÖ Ö ´Ö æ× ÆüÛú ˆ¯Ö ³Ö Ö êÝ Ö 2. × ¾ Ö ³Ö Ö •µÖ Ÿ ÖÖ

3. ²Ö × Æü¾Ö ì ¿Ö ®Ö ®Ö Æüà × ÛúµÖÖ •Ö ÖŸ Ö Ö 4. ¯Ö Ï ×Ÿ Ö Ã¯Ö ¬Öá ˆ¯Ö ³ÖÖ ê ÝÖ

®Ö ß “Öê × ¤ü‹ Ý Ö ‹ Ûæ ú™ü ÃÖê ÃÖ Æüß ˆ¢Ö ¸ü ÛúÖ “Ö µÖ ®Ö Ûú ë ü :

Ûæú™ü :

(A) 1 †Ö î ¸ü 2 ÃÖ Æüß Æï ü … (B) 1 †Ö î ¸ü 3 ÃÖ Æüß Æï ü …

(C) 1 †Ö î ¸ü 4 ÃÖ Æüß Æï ü … (D) 2 †Ö î ¸ü 4 ÃÖ Æüß Æï ü …

8. × ®Ö ´®Ö ÖÓ × ÛúŸÖ ´Ö ë ÛúÖ î ®Ö ²Ö Ö •Ö Ö ¸ü ×¾ Ö ±ú»Ö Ÿ ÖÖ ÛúÖ ÛúÖ ¸üÞÖ Æî ü ?

1. ²Ö Ö ÆË üµÖ Ÿ ÖÖ

2. ÃÖ æ “Ö ®ÖÖ Ûúß †ÃÖ ´Ö × ´Ö ŸÖ ŸÖ Ö

3. ¯Ö æ ÞÖ Ô ¯ÖÏ × ŸÖ Ã¯Ö ¬ÖÖ Ô

®Ö ß “Öê × ¤ü‹ Ý Ö ‹ Ûæ ú™ü ÃÖê ÃÖ Æüß ˆ¢Ö ¸ü ÛúÖ “Ö µÖ ®Ö Ûú ë ü :

Ûæú™ü :

(A) 1, 2 †Ö î ¸ü 3 ÃÖ Æüß Æï ü … (B) Ûê ú¾ Ö» Ö 1 ÃÖ Æüß Æî ü

(C) 1 †Ö î ¸ü 2 ÃÖ Æüß Æï ü … (D) 2 †Ö î ¸ü 3 ÃÖ Æüß Æï ü …

9. ¯Ö ¸ü´¯Ö ¸üÖ ¾Ö Ö ¤üß †£Ö Ô ¿ÖÖ × Ã¡Ö µÖ Öë ®Ö ê ´Ö•Ö ¤æ ü¸üß -´Ö æ » µÖ » ÖÖ ê “Ö ¿Ö ß» Ö ŸÖ Ö ÛúÖê ´Ö Ö®Ö Ÿ Öê Æã ü‹ ‡ÃÖ ²Ö ÖŸ Ö ¯Ö¸ ü ²Ö »Ö × ¤üµÖ Ö Æî ü × Ûú ´Ö ã ¦üÖ ´Ö •Ö ¤æ ü¸üß †Ö î ¸ü ´Ö æ » µÖ ´Ö ë ×Ý Ö ¸üÖ ¾Ö ™ü ÃÖ ê × ®Ö ´®Ö ×ã Ö × ŸÖ ¯Ö î ¤üÖ ÆüÖ êŸ Öß Æî ü

(A) ²Ö ê ¸üÖ ê •ÖÝ ÖÖ ¸üß

(B) †¾ Ö Ã±úß × ŸÖ

(C) ¸üÖ ê •ÖÝ ÖÖ ¸ü †Ö î ü ˆŸ ¯Ö Ö ¤ü®Ö ÛúÖ ˆ““Ö ÃŸ Ö ¸ü

(D) ²Ö ê ¸üÖ ê •ÖÝ ÖÖ ¸üß †Öî ¸ü ˆŸ ¯Ö Ö ¤ü®Ö ´Ö ë ×Ý Ö¸üÖ ¾Ö ™ü

Page 6: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 6 D-01-14

10. The classical theory of interest postulates that both savings and investments are a function

of

(A) the level of National income

(B) the level of employment and output

(C) monetary and fiscal policy

(D) rate of interest

11. The relative income hypothesis of Duesenberry suggests that as income increases,

consumption function curve shifts above and therefore,

(A) Average propensity to consume rises.

(B) Average propensity to consume falls.

(C) Average propensity to consume remains constant.

(D) Average propensity to consume is equal to 1.

12. Who among the following said, “Inflation is everywhere and always a monetary

phenomenon” ?

(A) James Tobin (B) John M. Keynes

(C) Milton Friedman (D) Anna J. Schwartz

13. Accelerator is most closely related to

(A) interest rate (B) inventories

(C) idle capacity (D) induced investment

14. Match List – I and List – II and select the correct answer from the codes given below :

List – I

Concept

List – II

Economist

a. Liquidity trap 1. Milton Friedman

b. Demonstration Effect 2. A.C. Pigou

c. Permanent Income Hypothesis 3. J. Duesenberry

d. Wealth Effect 4. J.M. Keynes

Codes :

a b c d

(A) 4 3 1 2

(B) 1 2 4 3

(C) 4 2 1 3

(D) 1 3 4 2

Page 7: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 7 Paper-II

10. ²µÖ Ö •Ö †× ³Ö ¬Ö Ö¸üÞÖÖ ÛúÖ ¯Ö ¸ü´¯Ö ¸üÖ¾ ÖÖ¤üß × ÃÖ ¨üÖ Ó ŸÖ Æî ü × Ûú ²Ö “Ö ŸÖ †Ö î ü × ®Ö ¾Ö ê ¿Ö ¤üÖ ê ®ÖÖ ë × ®Ö ´®Ö × »Ö × ÜÖ ŸÖ ´Ö ë ÃÖ ê ‹Ûú Ûê ú ±ú» Ö ®Ö Æï ü :

(A) ¸üÖ Â™ Ò üß µÖ †Ö µÖ ÛúÖ ÃŸ Ö¸ü

(B) ¸üÖ ê •ÖÝ ÖÖ ¸ü †Ö î ü ˆŸ ¯Ö Ö ¤ü®Ö ÛúÖ ÃŸ Ö ¸ü

(C) ´Ö Ö î × ¦üÛú †Ö î ¸ü ¸üÖ •Ö ÛúÖê ÂÖ ß µÖ ®Ö ß× Ÿ Ö

(D) ²µÖ Ö •Ö ¤ü¸ü

11. ›Ë üµÖ æ ÃÖê ®Ö ²Ö ê üß Ûúß ÃÖ Ö ¯Ö ê õÖ †Ö µÖ †¾Ö¬Ö Ö ¸üÞÖÖ µÖ Æü ²ÖŸ Ö ÖŸ Öß Æî ü × Ûú •Ö î ÃÖê -•Ö îÃÖ ê †Ö µÖ ²Ö œÌ üŸÖ ß Æî ü ¾ Öî ÃÖ ê -¾Ö î ÃÖê ˆ¯Ö ³Ö ÖêÝ Ö ¯Ö Ï ÛúÖ µÖÔ ¾Ö ÛÎ ú ‰ú¯Ö ¸ü Ûúß †Ö ê ¸ü ²Ö œÌ üŸ ÖÖ •Ö Ö ŸÖ Ö Æî ü †Öî ¸ü ‡ÃÖ× » Ö ‹

(A) †Ö î ÃÖ ŸÖ ˆ¯Ö ³Ö Öê ÝÖ ¯Ö Ͼ Öé ן Ö ²Ö œÌ üŸ Öß Æî ü …

(B) †Ö î ÃÖ ŸÖ ˆ¯Ö ³Ö Öê ÝÖ ¯Ö Ͼ Öé ן Ö ‘Ö™üŸ Öß Æî ü …

(C) †Ö î ÃÖ ŸÖ ˆ¯Ö ³Ö Öê ÝÖ ¯Ö Ͼ Öé ן Ö × Ã£Ö ¸ü ¸üÆüŸ Öß Æî ü …

(D) †Ö î ÃÖ ŸÖ ˆ¯Ö ³Ö Öê ÝÖ ¯Ö Ͼ Öé ן Ö 1 Ûê ú ²Ö ¸üÖ ²Ö ¸ü ¸üÆüŸ Ö ß Æî ü …

12. × ®Ö ´®Ö × »Ö × ÜÖ ŸÖ ´Ö ë ÃÖ ê × ÛúÃÖ ®Ö ê ÛúÆüÖ £Ö Ö × Ûú “´Ö ã ¦üÖ Ã±úß × Ÿ Ö Æü¸ü •Ö ÝÖ Æü ÆüÖ ê ŸÖß Æî ü †Ö î ¸ü µÖ Æü Æü´Ö ê ¿ÖÖ Æüß ‹Ûú ´Ö Ö î × ¦üÛú ‘Ö ™ü®Ö Ö Æî ü” ?

(A) •Ö ê ´ÃÖ ™üÖ ê× ²Ö ®Ö (B) •Ö Ö ê ®Ö ‹´Ö. Ûúß ®ÃÖ

(C) × ´Ö » ™ü®Ö ±Ï úß ›ü´Öî ®Ö (D) †®®Ö Ö •Ö ê . ¿¾ ÖÖ •ÖÔ

13. Ÿ ¾ Ö× ¸ü¡Ö ÛúÖ × ®Ö ´®Ö × »Ö × ÜÖ Ÿ Ö ´Öë ÃÖ ê × ÛúÃÖ ÃÖ ê × ®Ö Ûú™ ü ÃÖÓ ²ÖÓ ¬Ö Æî ü ?

(A) ²µÖ Ö •Ö ¤ü¸ü (B) ¸üÆü× Ÿ Ö µÖ Ö

(C) ²Ö ê ÛúÖ¸ü ¯Ö ›Ì üß õÖ ´ÖŸ Ö Ö (D) ¯Ö Ï ê× ¸üŸÖ × ®Ö¾ Öê ¿Ö

14. ÃÖ æ “Ö ß – I †Ö î ¸ü ÃÖ æ “Ö ß – II ÛúÖ ê ÃÖ ã ´Ö ê ×» Ö ŸÖ Ûú¸ ë ü †Öî ¸ü ®Ö ß “Ö ê × ¤ü‹ Ý Ö ‹ Ûæ ú™üÖë ´Ö ë ÃÖê ÃÖ Æüß ˆ¢Ö ¸ü “Ö ã ®Ö ê :

ÃÖæ“Öß – I

†¾Ö¬ÖÖ¸üÞÖÖ

ÃÖæ“Öß – II

†£ÖÔ¿ÖÖáÖß

a. Ÿ Ö ¸ü»Ö Ÿ ÖÖ •Ö Ö» Ö 1. × ´Ö » ™ü®Ö ±Ï úß ›ü´Öî ®Ö

b. ¯Ö Ï ¤ü¿Ö Ô ®Ö ¯ÖÏ ³ÖÖ ¾Ö 2. ‹. ÃÖ ß . ¯Öß ÝÖ æ

c. ã Ö Ö µÖß †Ö µÖ ¯Ö× ¸üÛú» ¯Ö ®Ö Ö 3. •Ö ê . ›Ë üµÖ æ ÃÖê ®Ö ²Öê ¸üß

d. ÃÖ ´¯Ö ¤üÖ ¯Ö Ï ³Ö Ö¾ Ö 4. •Ö ê . ‹´Ö . Ûúß ®ÃÖ

Ûæú™ü :

a b c d

(A) 4 3 1 2

(B) 1 2 4 3

(C) 4 2 1 3

(D) 1 3 4 2

Page 8: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 8 D-01-14

15. Which one of the following would be inconsistent with the Keynesian view about the

effectiveness of monetary policy ?

(A) Velocity of money is relatively stable.

(B) The demand for money is unstable.

(C) The demand for money is interest sensitive.

(D) Investment demand is unstable.

16. Which of the following statement is true ?

(A) Sporadic dumping is selling of goods at a low price in the foreign market to get rid

of the inventory stocks.

(B) Predatory dumping is destroying of competitors even at a loss initially and then,

after eliminating of competitors, selling product at a high price.

(C) Persistent dumping is selling a product at a lower price in foreign markets due to

differences in elasticity of demand at home and in the foreign market.

(D) All the above.

17. According to Comparative Advantage Theory, International Trade will not take place if

(A) one country is efficient in the production of both the products.

(B) one country is inefficient in the production of both the products.

(C) opportunity costs of the two products are same in both the countries.

(D) None of the above.

18. Imposition of tariff will lead to

(A) Deterioration in terms of trade (B) Improvement in terms of trade

(C) No effect on terms of trade (D) None of the above

19. Under a freely exchange rate system, a deficit in a Nation’s Balance of Payments Account

is automatically corrected by

(A) a depreciation of its currency

(B) an appreciation of its currency

(C) domestic inflation

(D) deflation and rise in National income

Page 9: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 9 Paper-II

15. ´ÖÖîצüÛú ®Öß×ŸÖ Ûúß ¯ÖϳÖÖ¾Ö¿Ö߻֟ÖÖ Ûêú ÃÖÓ²ÖÓ¬Ö ´Öë Ûúß®ÃÖ Ûê ú ×¾Ö“ÖÖ ü ÃÖê ×®Ö ´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ Ûú£Ö®Ö ´Öê »Ö ®ÖÆüà ÜÖÖŸÖÖ Æîü ?

(A) ´Ö ã ¦üÖ ¾ Ö êÝ Ö ŸÖ ã» Ö ®ÖÖ Ÿ ´Ö Ûú ºþ¯Ö ÃÖê × Ã£ Ö¸ü Æî ü …

(B) ´Ö ã ¦üÖ Ûúß ´Ö Ö Ó ÝÖ †× ã Ö¸ü Æî ü …

(C) ´Ö ã ¦üÖ Ûúß ´Ö Ö Ó ÝÖ ²µÖÖ •Ö ÃÖ Ó¾ Öê ¤üß Æî ü …

(D) × ®Ö ¾Ö ê ¿Ö Ûúß ´ÖÖ ÓÝ Ö †× ã Ö¸ü Æî ü …

16. × ®Ö ´®Ö × »Ö × ÜÖ ŸÖ ´Ö ë ÃÖ ê ÛúÖî ®Ö ÃÖ Ö Ûú£Ö®Ö ÃÖ Æüß Æî ü ?

(A) ”ã û™ü-¯Ö ã ™ü †» ¯Ö ´Ö æ » µÖ ×¾ Ö ÛÎ úµÖ , ¾Ö ß Ö ã †Ö ë Ûê ú ÙüÖò Ûú ÛúÖ ê Æü™üÖ ®Ö ê Ûê ú ×»Ö ‹ × ¾Ö ¤ê ü¿Ö ß ²Ö Ö •ÖÖ ¸ü ´Ö ë ˆ®Ö ÛúÖê Ûú´Ö Ûúß ´Ö Ÿ Ö ¯Ö ¸ü ²Ö ê “Ö ®Ö Ö Æî ü …

(B) †Ö ÛÎ úÖ ´Ö Ûú †» ¯Ö ´Ö æ» µÖ × ¾Ö ÛÎ úµÖ , ¿Ö ã ºþ†Ö Ÿ Ö ´Ö ë ‘Ö Ö™ê ü ´Öë ²Öê “Ö Ûú¸ü ¯Ö Ï× Ÿ Ö Ã¯Ö Ù ¬Ö µÖ Ö ë ÛúÖê ²Ö ²Ö ÖÔ ¤ü Ûú¸ ü®Ö Ö †Öî ¸ü ˆ®Æë ü Æü™üÖ ®Ö ê Ûê ú ¯Ö ¿“Ö Ö ŸÖ Ë ˆŸ ¯ÖÖ ¤üÖ ë ÛúÖê ˆ““Ö ´Ö æ » µÖ ¯Ö ¸ü ²Ö ê “Ö ®Ö Ö Æî ü …

(C) ÃÖ Ÿ Ö ŸÖ Ë †» ¯Ö ´Öæ » µÖ ×¾ Ö ÛÎ úµÖ , ‘Ö ê ü» Öæ ²Ö Ö •ÖÖ ¸ü †Öî ¸ü × ¾ Ö ¤ê ü¿Ö ß ²Ö Ö •ÖÖ ¸ü ´Öë ´ÖÖ Ó ÝÖ Ûúß » ÖÖ ê “Ö ´Ö ë †Ó ŸÖ ¸ü Ûê ú ÛúÖ ¸üÞÖ ¾ Ö ÃŸ Öã †Öë ÛúÖê × ¾ Ö ¤ê ü¿Öß ²ÖÖ •Ö Ö¸üÖ ë ´Öë Ûú´Ö ´Ö æ » µÖ ¯Ö¸ü ²Ö ê “Ö ®Ö Ö Æî ü …

(D) ˆ¯Ö µÖ ãÔ ŒŸÖ ÃÖ ³Ö ß …

17. Ÿ Ö ã» Ö ®ÖÖ Ÿ ´Ö Ûú » ÖÖ ³Ö × ÃÖ ¨üÖ ÓŸ Ö Ûê ú †®ÖãÃÖ Ö ¸ü × ®Ö ´®Ö ×» Ö× ÜÖŸ Ö × Ã£Ö × ŸÖ ´Ö ë †Ó ŸÖ¸üÖ Ô Â™ Ò üß µÖ ¾ µÖ Ö ¯Ö Ö ¸ü ®Ö Æüà ÆüÖê ÝÖ Ö

(A) ÛúÖ ê ‡Ô ¤ê ü¿Ö ¤üÖ ê ®ÖÖ ë Æüß ˆŸ ¯ÖÖ ¤üÖ ë Ûê ú ˆŸ ¯Ö Ö ¤ü®Ö ´Ö ë ¤üõÖ Æî ü …

(B) ÛúÖ ê ‡Ô ¤ê ü¿Ö ¤üÖ ê ®ÖÖ ë Æüß ˆŸ ¯ÖÖ ¤üÖ ë Ûê ú ˆŸ ¯Ö Ö ¤ü®Ö ´Ö ë †¤üõÖ Æî ü …

(C) ¤üÖ ê ®Ö Öë ¤ê ü¿Ö Ö ë ´Ö ë ¤üÖ ê ®Ö Öë Æüß ˆŸ ¯Ö Ö ¤üÖ ë Ûúß †¾ Ö ÃÖ ¸ü » ÖÖ Ý ÖŸ Ö ÃÖ ´ÖÖ ®Ö Æî ü …

(D) ˆ¯Ö µÖ ãÔ ŒŸÖ ´Ö ë ÃÖ ê ÛúÖê ‡Ô ®Ö Æüà

18. ¯Ö Ï ¿Öã » Ûú Ûê ú †× ¬Ö ¸üÖ ê ¯Ö ÞÖ ÃÖê × ®Ö ´®Ö ×»Ö × ÜÖ Ÿ Ö ´Ö ë ŒµÖ Ö ÆüÖê ÝÖ Ö ?

(A) ¾ µÖ Ö ¯Ö Ö¸ü ¿Ö Ÿ ÖÖ í ´Ö ë ÈüÖ ÃÖ ÆüÖê ÝÖ Ö … (B) ¾ µÖ Ö ¯Ö Ö¸ü ¿Ö Ÿ ÖÖ í ´Ö ë ÃÖã ¬Ö Ö ¸ü ÆüÖê ÝÖ Ö …

(C) ¾ µÖ Ö ¯Ö Ö¸ü ¿Ö Ÿ ÖÖ í ´Ö ë ÛúÖê ‡Ô ÃÖã ¬Ö Ö ¸ü ®Ö Æüà ÆüÖ ê ÝÖ Ö … (D) ˆ¯Ö µÖ ãÔ ŒŸÖ ´Ö ë ÛúÖ ê ‡Ô ®Ö Æüà

19. ´Ö ã ŒŸ Ö ×¾ Ö× ®Ö ´Ö µÖ ¤ü¸ü ¯Ö Ï ÞÖ Ö» Ö ß Ûê ú †Ó Ÿ Ö ÝÖ Ô ŸÖ × ÛúÃÖ ß ¸üÖ Â™ Ò ü Ûê ú ³Ö ãÝ ÖŸ ÖÖ ®Ö ÃÖ Ó ŸÖ ã» Ö ®Ö ÜÖÖ Ÿ Öê ´Ö ë Ûú´Ö ß × ®Ö ´®Ö «üÖ ¸üÖ Ã¾ÖŸ Ö : Æüß ¯Ö æ ¸üß ÆüÖê •Ö Ö ŸÖ ß Æî ü

(A) ˆÃÖ Ûúß ´Ö ã ¦üÖ Ûê ú ´Ö æ » µÖ ÈüÖ ÃÖ ÃÖ ê

(B) ˆÃÖ Ûúß ´Ö ã ¦üÖ Ûê ú ´Ö æ » µÖ¾ Öé × ¨ü ÃÖ ê

(C) ‘Ö ¸ ê ü» Ö æ ´Öã ¦üÖ Ã±úß × Ÿ Ö ÃÖê

(D) †¾ Ö Ã±úß × ŸÖ †Ö î ¸ü ¸üÖ Â™Ò üß µÖ †Ö µÖ ´Ö ë ¾ Ö é× ¨ü ÃÖ ê

Page 10: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 10 D-01-14

20. Maastricht Treaty led to the creation of which one of the following ?

(A) European Parliament (B) Euro

(C) European Court of Justice (D) European Union

21. Assertion (A) : According to Mundell, “Imbalances in the balance of payments is caused

by initial differences in unit factor costs.”

Reason (R) : Free movement of goods will correct the imbalance in the balance of

payments of two countries.

In the context of the two statements, which one of the following is correct ?

Codes :

(A) Both (A) and (R) are true and (R) is the correct explanation of (A).

(B) Both (A) and (R) are true and (R) is not the correct explanation of (A).

(C) (A) is true, but (R) is false.

(D) (A) is false, but (R) is true.

22. The Stolper-Samuelson theorem postulates that the imposition of a tariff by a nation

causes the real income of the nation’s

(A) abundant factor to rise (B) scarce factor to rise

(C) scarce factor to fall (D) both (A) & (B) are possible

23. What is perspective planning ?

(A) Overall appraisal of planning.

(B) Review of planning in different fields.

(C) Taking up past experience and reviewing the future in that light.

(D) Planning for future so as to meet the long term requirement of development in the

country.

24. Who formulated the ‘People’s Plan’ for India in 1944 ?

(A) J.L. Nehru (B) M.N. Roy

(C) Subhas Chandra Bose (D) Mahatma Gandhi

Page 11: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 11 Paper-II

20. ´Ö î × Ã™ Ò ü“Ö ÃÖ Ó × ¬Ö ÃÖ ê × ®Ö ´®Ö ´Ö ë ÃÖê × ÛúÃÖÛúÖ ÃÖ é •Ö®Ö Æã ü†Ö ?

(A) µÖ æ ¸üÖ ê ¯Öß µÖ ÃÖÓ ÃÖ ¤ü ÛúÖ (B) µÖ æ ¸üÖ ê ÛúÖ

(C) µÖ æ ¸üÖ ê ¯Öß µÖ ®µÖÖ µÖÖ »Ö µÖ ÛúÖ (D) µÖ æ ¸üÖ ê ¯Öß µÖ ÃÖÓ ‘Ö ÛúÖ

21. †×³ÖÛú£Ö®Ö (A) : ´Ö ã ®›ê ü» Ö Ûê ú †®Ö ã ÃÖ Ö¸ü, “ÃÖ Ö ¬Ö ®Ö Öë Ûúß ‡ÛúÖ ‡Ô » Ö ÖÝ Ö ŸÖ ´Ö ë ¿Ö ã¹ý†Ö Ÿ Öß †Ó ŸÖ ¸ü Ûê ú ÛúÖ ¸üÞÖ ³Ö ãÝ Ö ŸÖ Ö ®Ö ÃÖ Ó ŸÖ ã» Ö ®Ö ´Öë †ÃÖ Ó Ÿ Öã » Ö ®Ö †Ö ŸÖ Ö Æî ü …”

ŸÖÛÔú (R) : ¾ Ö ÃŸ Öã †Öë Ûúß × ®Ö ²Ö ÖÔ ¬Ö †Ö ¾ ÖÖ •Ö Ö Æüß ÃÖ ê ¤üÖ ê ¤ê ü¿Ö Öë Ûê ú ³Ö ãÝ ÖŸ ÖÖ ®Ö ÃÖ Ó ŸÖ ã »Ö ®Ö ´Ö ë ÆüÖê ®Ö ê ¾ Ö Ö» ÖÖ †ÃÖ Ó ŸÖ ã »Ö ®Ö ÃÖ Æüß ÆüÖ ê ÝÖ Ö …

¤üÖ ê ®Ö Öë Ûú£ Ö ®ÖÖ ë Ûê ú ÃÖÓ ¤ü³Ö Ô ´Ö ë × ®Ö ´®Ö × »Ö× ÜÖ ŸÖ ´Ö ë ÃÖ ê ÛúÖî ®Ö ÃÖ Æüß Æî ü ?

Ûæú™ü :

(A) (A) †Ö î ¸ü (R) ¤üÖ ê ®Ö Ö ë ÃÖ Æüß Æï ü †Ö î ü (R), (A) Û úß ÃÖ Æüß ¾ µÖ Ö ÜµÖ Ö Æî ü …

(B) (A) †Ö î ¸ü (R) ¤üÖ ê ®Ö Ö ë ÃÖ Æüß Æï ü †Ö î ü (R), (A) Û úß ÃÖ Æüß ¾ µÖ Ö ÜµÖ Ö ®Ö Æüà Æî ü …

(C) (A) ÃÖ Æüß Æî ü, Ø ÛúŸ Ö ã (R) Ý Ö» Ö ŸÖ Æî ü …

(D) (A) Ý Ö » Ö ŸÖ Æî ü, Ø ÛúŸÖ ã (R) ÃÖ Æüß Æî ü …

22. ÙüÖ ê » Ö ¯Ö ¸ü ÃÖ ê ´µÖæ »Ö ÃÖ ®Ö ¯ÖÏ ´Ö ê µÖ Ûê ú †®Ö ã ÃÖ Ö¸ü ¸üÖ Â™ Ò ü «üÖ ¸üÖ †¬µÖ Ö¸üÖê × ¯ÖŸ Ö ¯ÖÏ ¿Ö ã » Ûú «üÖ ¸üÖ ¤ê ü¿Ö Ûúß ¾ Ö Ö ÃŸÖ ×¾ Ö Ûú †Ö µÖ ´Ö ë × ®Ö ´®Ö × »Ö × ÜÖ ŸÖ ´Ö ë ŒµÖ Ö ÆüÖê Ÿ ÖÖ Æî ü ?

(A) ¯Ö Ï “Öã ¸ü ÃÖ Ö ¬Ö ®Ö Ûúß †Ö µÖ ²Ö œÌ üŸ Öß Æî ü … (B) ¤ã ü» Ö Ô ³Ö ÃÖ Ö ¬Ö ®Ö Ûúß †Ö µÖ ²Ö œÌ üŸ Öß Æî ü …

(C) ¤ã ü» Ö Ô ³Ö ÃÖ Ö ¬Ö ®Ö Ûúß †Ö µÖ ‘Ö ™üŸ Öß Æî ü … (D) ˆ¯Ö µÖ ãÔ ŒŸÖ (A) Ÿ Ö £ Ö Ö (B) ¤üÖ ê ®Ö Ö ë ÃÖÓ ³Ö ¾ Ö Æî ü …

23. ÃÖ Ó ¤ü³Ö á µÖÖ ê •Ö ®Ö Ö ŒµÖÖ Æî ü ?

(A) µÖ Ö ê •Ö ®Ö Ö ÛúÖ ÃÖ ´Ö Ý ÖÏ ´Ö æ » µÖ ÖÓ Ûú®Ö

(B) × ¾ Ö× ³Ö ®®Ö õÖê ¡Ö Öë ´Ö ë µÖÖ ê •Ö ®Ö Ö Ûúß ÃÖ ´ÖßõÖ Ö

(C) × ¾ ÖÝ ÖŸ Ö †®Ö ã ³Ö ¾Ö Öë ÛúÖ †¾ Ö »Ö Öê Ûú®Ö †Ö î ¸ü ˆÃÖ †Ö » ÖÖ ê Ûú ´Ö ë ³Ö× ¾Ö 嵅 Ûúß ÃÖ ´Ö ß õÖ Ö

(D) ¤ê ü¿Ö ´Ö ë × ¾ Ö ÛúÖ ÃÖ Ûúß ¤üß ‘Ö ÖÔ ¾Ö × ¬Ö •Öºþ¸üŸ Ö Öë ÛúÖ ê ¯Ö æ ¸üÖ Ûú¸ü®Ö ê Æê üŸÖ ã ³Ö × ¾Ö 嵅 Ûúß µÖ Öê •Ö ®ÖÖ Ÿ Ö îµÖ Ö¸ü Ûú¸ü®Ö Ö

24. ¾ Ö ÂÖ Ô 1944 ´Ö ë ³Ö Ö ¸üŸ Ö Ûê ú ×» Ö ‹ ‘•Ö ®Ö Ÿ ÖÖ µÖ Öê •Ö ®ÖÖ’ × ÛúÃÖ ®Öê Ÿ Öî µÖÖ ¸ü Ûúß £ Öß ?

(A) •Ö ê . ‹»Ö . ®Öê Æüºþ (B) ‹´Ö . ‹®Ö . ¸üÖ µÖ

(C) ÃÖ ã ³ÖÖ ÂÖ “Ö ®¦ü ²Ö Ö ê ÃÖ (D) ´Ö ÆüÖ Ÿ ´Ö Ö ÝÖ ÖÓ ¬Ö ß

Page 12: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 12 D-01-14

25. “Trickle down” strategy implies

(A) growing GNP taking care of poverty.

(B) reduction in the income of the upper class by deliberate redistribution.

(C) direct achievement of better nourishment, health, education, etc. instead of growth

of GNP first.

(D) to target a particular sector of economy for betterment.

26. What is the correct sequence of the following approaches to development in terms of their

chronological emergency ?

1. Basic needs approach

2. Per capita income approach

3. Human Development Index approach

Choose the correct answer from the codes given below :

Codes :

(A) 1, 2, 3 (B) 2, 1, 3

(C) 2, 3, 1 (D) 1, 3, 2

27. Choose the correct statements for economic development and answer from the code below :

Statements : I. Continuous process

II. Short-term process

III. Long-term process

Codes :

(A) II only (B) I and III

(C) III only (D) I and II

28. Which of the following economists are proponents of dependency theory of development ?

Choose from the code below :

I. Ragnar Nurkse II. Andre Gunther Frank

III. Raul Prebisch IV. John Kenneth Galbraith

Codes :

(A) I, II and III are correct. (B) II and III are correct.

(C) II, III and IV are correct. (D) III and IV are correct.

Page 13: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 13 Paper-II

25. “× ™ Ò üÛú» Ö ›üÖ ˆ®Ö” ¸üÞÖ ®Ö ß× ŸÖ » Ö ÖÝ Öæ ÆüÖ ê ŸÖ ß Æî ü

(A) ²Ö œÌ üŸÖ ê Æã ü‹ ÃÖ Ûú»Ö ¸üÖ Â™ Ò üß µÖ ˆŸ ¯ÖÖ ¤ü Ûê ú «üÖ ¸üÖ × ®Ö ¬ÖÔ ®Ö ŸÖ Ö × ®Ö ¾Ö Ö ¸üÞÖ …

(B) ÃÖ ã ×¾ Ö “ÖÖ ×¸üŸ Ö ¯Öã ®Ö Ù¾ ÖŸ Ö ¸üÞÖ Ûê ú ´Ö Ö ¬µÖ ´Ö ÃÖ ê ˆ““Ö ¾ Ö ÝÖ Ô Ûúß †ÖµÖ ‘Ö™üÖ ®ÖÖ …

(C) ÃÖ Ûú» Ö ¸üÖ Â™Ò üß µÖ ˆŸ ¯Ö Ö ¤ü ´Ö ë ¾Ö é× ¨ü Ûú¸ü®Ö ê Ûê ú ãÖÖ ®Ö ¯Ö¸ü ²Öê ÆüŸ Ö ¸ü ¯ÖÖ ê ÂÖÞÖ , þ Ö Ö Ã£ µÖ, × ¿Ö õÖÖ †Ö× ¤ü ´Ö ë ¯Ö Ï Ÿ µÖ õÖŸ Ö : ˆ¯Ö » Ö× ²¬Ö ÆüÖ × ÃÖ »Ö Ûú¸ü®Ö Ö …

(D) †£ Ö Ô¾ µÖ¾ Ö Ã£ ÖÖ Ûê ú ×¾ Ö ¿Öê ÂÖ õÖ ê ¡Ö ÛúÖê ÃÖ ã » ÖÖ ³Ö Æê üŸÖã » Ö õµÖÖ Ó× ÛúŸ Ö Ûú¸ü®ÖÖ …

26. × ¾ Ö ÛúÖ ÃÖ Ûê ú × ®Ö ´®Ö× » Ö× ÜÖŸ Ö ¥ü× Â™üÛúÖêÞÖ Öë ÛúÖ ˆ®Ö Ûê ú †Ö ×¾ Ö ³Ö Ö Ô¾ Ö Ûê ú ÛúÖ » ÖÛÎ ú´Ö Ö ®Öã ÃÖ Ö¸ü ÃÖ Æüß ÛÎ ú´Ö ŒµÖ Ö Æî ü ?

1. ´Ö æ » Ö ³Ö æŸ Ö †Ö ¾Ö ¿µÖ ÛúŸÖ Ö ¥ü× Â™üÛúÖê ÞÖ

2. ¯Ö Ï ×Ÿ Ö ¾ µÖ × ŒŸ Ö †Ö µÖ ¥ü× Â™üÛúÖ ê ÞÖ

3. ´Ö Ö ®Ö ¾Ö × ¾Ö ÛúÖ ÃÖ ÃÖæ “Ö ÛúÖÓ Ûú ¥ü× Â™üÛúÖ êÞÖ

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤üµÖ ê Ûæ ú™üÖ ë ´Öë ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü “Öã ®Ö ë :

Ûæú™ü :

(A) 1, 2, 3 (B) 2, 1, 3

(C) 2, 3, 1 (D) 1, 3, 2

27. †Ö Ù £Ö Ûú × ¾ ÖÛúÖ ÃÖ Ûê ú ×» Ö ‹ ÃÖ Æüß ¾ÖŒŸ Ö ¾ µÖ ÛúÖ “Ö µÖ ®Ö Ûú¸ ë ü †Öî ¸ü ®Ö ß “Öê פü‹ Ý Ö ‹ Ûæ ú™ü ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü “Ö ã ®Öê :

¾ÖŒŸÖ¾µÖ : I. ÃÖ Ÿ Ö ŸÖ ¯Ö Ï× ÛÎ úµÖ Ö

II. †» ¯Ö Ö ¾Ö × ¬Ö ¯Ö Ï× ÛÎ úµÖÖ

III. ¤üß ‘Ö Ö Ô¾ Ö× ¬Ö ¯Ö Ï× ÛÎ úµÖ Ö

Ûæú™ü :

(A) × ÃÖ ±Ô ú II (B) I †Ö î ¸ü III

(C) × ÃÖ ±Ô ú III (D) I †Ö î ¸ü II

28. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö †£ÖÔ¿ÖÖáÖß ×¾ÖÛúÖÃÖ Ûêú ×›ü Öê®›ë üÃÖß ×ÃÖ¨üÖÓŸÖ Ûêú ¯ÖÏן֯ÖÖ¤üÛú Æïü ? ®Öß“Öê פü‹ ÝÖ‹ Ûæú™ü ÃÖê “ÖµÖ®Ö Ûú ëü :

I. ¸ î üÝÖ ®Ö ¸ü ®Ö ŒÃÖÔ II. †Ö ®¦ê ü Ý Ö ãÓ £ Ö¸ü ±Ï ï úÛú

III. ¸üÖ ò »Ö ¯Ö Ïî × ²Ö ÃÖ IV. •Ö Ö ò ®Ö Ûê ú®Ö ê£ Ö ÝÖ Ö »Ö ²ÖÎ ê£ Ö

Ûæú™ü :

(A) I, II †Ö î ¸ü III ÃÖ Æüß Æï ü …

(B) II †Ö î ¸ü III ÃÖ Æüß Æï ü …

(C) II, III †Ö î ¸ü IV ÃÖ Æüß Æï ü …

(D) III †Ö î ¸ü IV ÃÖ Æüß Æï ü …

Page 14: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 14 D-01-14

29. What is true for neo-classical growth models ?

I. Rate of interest and profit are flexible.

II. Capital is heterogeneous.

III. Perfect competition prevails.

IV. Capital and labour are substitutable.

Choose the correct answer from the codes given below :

Codes :

(A) Only I, II and III are true.

(B) Only II and III are true.

(C) Only I, III and IV are true.

(D) All the above are true.

30. Choose the top three trading partners of India in 2013-14 :

I. UAE II. Korea

III. China IV. USA

Choose the correct answer from codes given below :

Codes :

(A) I, II, III (B) II, III, IV

(C) I, III, IV (D) II, I, IV

31. Of the following, which combination of two deficits is most significant for the Indian

economy ?

(A) Fiscal deficit and Revenue deficit

(B) Revenue deficit and Primary deficit

(C) Budget deficit and Fiscal deficit

(D) Current Account deficit and Fiscal deficit

Page 15: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 15 Paper-II

29. × ®Ö µÖÖ ê -Œ»Ö Ö× ÃÖ Ûú»Ö × ¾Ö ÛúÖ ÃÖ ´Ö Öò ›ü» ÖÖ ë Ûê ú ²ÖÖ ê ü ´Ö ë ŒµÖ Ö ÃÖ Æüß Æî ü ?

I. ²µÖ Ö •Ö ¤ü¸ü Ÿ Ö £Ö Ö »Ö Ö ³Ö » Ö Öê “Ö ¿Ö ß »Ö Æî ü …

II. ¯Ö æ Ñ •Ö ß †ÃÖ ´Ö ÖÓ ÝÖ ß Æî ü …

III. ¯Ö æ ÞÖ Ô ¯ÖÏ × ŸÖ Ã¯Ö ¬ÖÖ Ô ÆüÖ êŸ Öß Æî ü …

IV. ¯Ö æ Ñ •Ö ß ŸÖ £ ÖÖ ÁÖ ´Ö ¯Ö Ï× Ÿ Ö Ã£Ö Ö× ¯Ö ŸÖ × Ûú‹ •Ö Ö ÃÖ ÛúŸ Öê Æï ü …

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤üµÖ ê Ûæ ú™üÖ ë ´Öë ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü ÛúÖ “Ö µÖ ®Ö Ûúß × •Ö ‹ :

Ûæú™ü :

(A) Ûê ú¾ Ö» Ö I, II †Ö î ¸ü III ÃÖ Æüß Æï ü …

(B) Ûê ú¾ Ö» Ö II †Ö î ¸ü III ÃÖ Æüß Æï ü …

(C) Ûê ú¾ Ö» Ö I, III †Ö î ¸ü IV ÃÖ Æüß Æï ü …

(D) ˆ¯Ö µÖ ãÔ ŒŸÖ ÃÖ ³Ö ß ÃÖ Æüß Æï ü …

30. ¾ Ö ÂÖ Ô 2013-14 ´Ö ë ³ÖÖ ¸üŸÖ Ûê ú Ÿ Öß ®Ö ¿Ö ß ÂÖ Ô ¾ µÖ Ö ¯ÖÖ ¸ü ³ÖÖ ÝÖ ß ¤üÖ ¸ü ÛúÖ î ®Ö £ Öê ?

I. ÃÖ Ó µÖã ŒŸÖ †¸ü²Ö †´Ö ß ¸üÖŸ Ö (µÖ æ. ‹. ‡Ô . ) II. ÛúÖ ê ׸üµÖ Ö

III. “Ö ß ®Ö IV. ÃÖ Ó µÖã ŒŸÖ ¸üÖ •µÖ †´Ö ê× ¸üÛúÖ

ÃÖ Æüß Ûæ ú™ü ÛúÖ “Ö µÖ ®Ö Ûú ë ü :

Ûæú™ü :

(A) I, II, III (B) II, III, IV

(C) I, III, IV (D) II, I, IV

31. × ®Ö ´®Ö ÖÓ × ÛúŸÖ ´Ö ë ÃÖ ê ÛúÖî ®Ö ÃÖ Ö ‘Ö Ö ™üÖ µÖ ã Ý ´Ö ³Ö Ö ¸ üŸÖ ß µÖ †£ ÖÔ ¾ µÖ ¾Ö ã Ö Ö Ûê ú × » Ö‹ ÃÖ ¾ Ö ÖÔ × ¬Ö Ûú ´Ö Æü¢¾ Ö ¯Ö æ ÞÖ Ô Æî ü ?

(A) ¸üÖ •Ö ÛúÖê ÂÖ ß µÖ ‘Ö Ö™üÖ †Öî ¸ü ¸üÖ •Ö Ã¾Ö ‘ÖÖ™üÖ

(B) ¸üÖ •Ö þ Ö ‘Ö Ö ™üÖ †Ö î ü ¯Ö Ï Ö£ Ö× ´Ö Ûú ‘Ö Ö™üÖ

(C) ²Ö •Ö ™ü ‘ÖÖ ™üÖ †Öî ¸ü ¸üÖ •Ö ÛúÖ ê ÂÖß µÖ ‘Ö Ö ™üÖ

(D) “Ö Ö »Ö æ ÜÖÖ ŸÖ Ö ‘ÖÖ ™üÖ †Öî ¸ü ¸üÖ •Ö ÛúÖ ê ÂÖß µÖ ‘Ö Ö™üÖ

Page 16: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 16 D-01-14

32. Of the following, which sector witnessed the highest growth rate in year 2013-14 ?

(A) Agriculture, forestry and fishery

(B) Mining and quarrying

(C) Manufacturing

(D) Construction

33. Who has advocated the concept of PURA (Providing Urban Amenities in Rural Areas) for

our country ?

(A) A.P.J. Abdul Kalam (B) Manmohan Singh

(C) Charan Singh (D) None of the above

34. ECOMARC is a symbol related to

(A) Export Goods (B) Import Goods

(C) Goods Safe for Environment (D) Best Quality Goods

35. Arrange following countries as per their HDI rank in the descending order (on the basis of

2013, UNDP Report on Human Development) :

1. Vietnam 2. China

3. India 4. Sri Lanka

Choose the correct answer from the codes given below :

Codes :

(A) 4, 2, 1, 3 (B) 2, 1, 4, 3

(C) 2, 4, 3, 1 (D) 1, 2, 3, 4

36. Consider the following export groups from India for the year 2013-14 :

1. Agri. and allied products

2. Engineering goods

3. Gems and Jewellery

4. Textile and Readymade Garments

Arrange them in descending order of magnitude as a percent to total exports.

(A) 2, 1, 4, 3 (B) 2, 1, 3, 4

(C) 4, 2, 1, 3 (D) 3, 4, 2, 1

Page 17: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 17 Paper-II

32. ¾ Ö ÂÖ Ô 2013-14 Ûê ú ¤üÖ î ¸üÖ ®Ö × ®Ö ´®ÖÖ Ó×ÛúŸ Ö ´Ö ë × ÛúÃÖ õÖ ê ¡Ö ´Ö ë ÃÖ ¾Ö ÖÔ × ¬Ö Ûú ¾Ö é× ¨ü ¤ü¸ü ¤ ü•Ö Ô Ûúß Ý Ö ‡Ô ?

(A) Ûé ú× ÂÖ , ¾Ö Ö× ®Ö Ûúß †Öî ¸ü ´Ö Ÿ ÃµÖ µÖ ®Ö

(B) ÜÖ ®Ö ®Ö †Öî ¸ü ÜÖ ¤üÖ ®Ö

(C) × ¾ Ö× ®Ö ´ÖÖ Ô ÞÖ

(D) × ®Ö ´Ö ÖÔ ÞÖ

33. × ®Ö ´®Ö ÖÓ × ÛúŸÖ ´Ö ë × ÛúÃÖ ®Ö ê Æü´Ö Ö ê ü ¤ê ü¿Ö Ûê ú × » Ö ‹ ¯Öß . µÖæ . †Ö¸ü. ‹. (Ý ÖÏ Ö ´Öß ÞÖ õÖ ê ¡Ö Öë ´Ö ë ¿Ö Æü¸üß ÃÖ ã ×¾ Ö ¬Ö Ö ‹Ñ ¯Ö Ï ¤üÖ ®Ö × ÛúµÖ Ö •ÖÖ ®Ö Ö ) Ûúß †¾ Ö ¬Ö Ö¸üÞÖÖ Ûúß ¾ Ö ÛúÖ » ÖŸ Ö Ûúß ?

(A) ‹. ¯Ö ß. •Ö ê. †²¤ã ü» Ö Ûú» ÖÖ ´Ö (B) ´Ö ®Ö ´Ö Ö ê Æü®Ö Ø ÃÖ Æü

(C) “Ö ¸üÞÖ Ø ÃÖ Æü (D) ˆ¯Ö µÖ ãÔ ŒŸÖ ´Ö ë ÛúÖ ê ‡Ô ®Ö Æüà

34. ‡ÛúÖ ê ´Ö Ö ÛÔ ú » Öê ²Ö »Ö × ÛúÃÖ ÃÖê ÃÖ Ó ²Ö Ó× ¬Ö Ÿ Ö Æî ü ?

(A) × ®Ö µÖÖ ÔŸ Ö ¾Ö ß Öã †Ö ë (B) †Ö µÖ ÖŸ Ö ¾Ö ß Öã †Ö ë

(C) ¯Ö µÖ ÖÔ ¾Ö ¸üÞÖ Ûê ú × »Ö ‹ ÃÖ ã ¸ü× õÖ Ÿ Ö ¾ Ö ÃŸ Öã†Ö ë (D) ÃÖ ¾ Ö Öì ¢Ö ´Ö ÝÖ ã ÞÖ ¾Ö ¢Ö Ö ¾Ö Ö» Öß ¾ Ö ÃŸÖ ã †Öë

35. × ®Ö ´®Ö ÖÓ × ÛúŸÖ ¤ê ü¿Ö Öë ÛúÖ ê ˆ®Ö Ûê ú ´Ö Ö ®Ö¾ Ö-× ¾ Ö ÛúÖ ÃÖ ÃÖ æ “Ö ÛúÖ Ó Ûú (‹“Ö. ›üß . †Ö ‡Ô .) ã Ö Ö ®Ö Ûê ú †®Öã ÃÖ Ö ¸ü ‘Ö ™üŸÖ ê Æã ü‹ ÛÎ ú´Ö ´Ö ë ¾ µÖ¾ Ö× Ã£ Ö ŸÖ Ûú¸ ë ü (´Ö Ö ®Ö ¾ Ö ×¾ Ö ÛúÖ ÃÖ ÃÖ Ó ²Ö Ó ¬Öß µÖæ . ‹®Ö . ›üß .¯Ö ß . ׸ü¯Ö Öê ™Ô ü, 201 3 Ûê ú †Ö ¬Ö Ö ¸ü ¯Ö ¸ü) :

1. × ¾ Ö µÖ ŸÖ ®Ö Ö ´Ö 2. “Ö ß ®Ö

3. ³Ö Ö ¸üŸÖ 4. ÁÖ ß » ÖÓ ÛúÖ

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤üµÖ ê Ûæ ú™üÖ ë ´Öë ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü ÛúÖ “Ö ã ®Ö Ö¾ Ö Ûú ë ü :

Ûæú™ü :

(A) 4, 2, 1, 3 (B) 2, 1, 4, 3

(C) 2, 4, 3, 1 (D) 1, 2, 3, 4

36. ¾ Ö ÂÖ Ô 2013-14 Ûê ú ×» Ö ‹ ³ÖÖ ¸üŸÖ ÃÖ ê × ®Ö ´®Ö Ö Ó× ÛúŸ Ö × ®Ö µÖÖ ÔŸ Ö ÃÖ ´Ö æ ÆüÖ ë ¯Ö ¸ü ×¾ Ö“Ö Ö ¸ü Ûú¸ ë ü :

1. Ûé ú× ÂÖ ‹¾Ö Ó ÃÖ ´²Ö ¨ü ˆŸ ¯Ö Ö ¤ü

2. ‡Ó •Ö ß× ®Ö µÖØ ¸üÝÖ ¾ Ö ÃŸÖ ã‹Ñ

3. ¸üŸ ®Ö †Ö î ¸ü †Ö ³Ö æ ÂÖÞÖ

4. ¾ Ö Ã¡Ö ‹¾Ö Ó × ÃÖ» Öê × ÃÖ »Ö Ö ‹ Ûú¯Ö ›Ì ê ü

‡®Æë ü Ûã ú» Ö × ®Ö µÖ ÖÔ Ÿ Ö Ûê ú ¯Ö Ï× Ÿ Ö ¿Ö Ÿ Ö Ûê ú ºþ¯Ö ´Ö ë ‡®Ö Ûúß ‘Ö ™üŸ Öß ´Ö Ö ¡ÖÖ Ûê ú †®Ö ã ÃÖÖ ¸ü ¾ µÖ¾ Ö× Ã£ Ö ŸÖ Ûú¸ ë ü :

(A) 2, 1, 4, 3 (B) 2, 1, 3, 4

(C) 4, 2, 1, 3 (D) 3, 4, 2, 1

Page 18: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 18 D-01-14

37. Techniques used to encourage the production and consumption of goods that generate

positive externalities are referred to as

(A) Tax incentives and vouchers (B) Fees and fines

(C) Taxes and charges (D) Special assessment

38. Which of the canons of taxations have been propounded by Adam Smith ?

(A) Economy, Elasticity, Simplicity and Sufficiency

(B) Equity, Certainty, Convenience and Economy

(C) Certainty, Convenience, Economy and Elasticity

(D) Economy, Coordination, Convenience and Expediency

39. Displacement effect explained in Peacock-Wiseman hypothesis implies :

(A) An upward displacement of public expenditure according to higher economic

growth

(B) The movement from older level of public expenditure and taxation to a newer and

higher level

(C) Public expenditure increases at steady rate and reaches higher level

(D) Government undertakes more and more newer activities and hence public

expenditure rises steeply upwards

40. The most important characteristic of a federation is :

(A) Perfect match between the functions and resources of the Central and State

Governments

(B) Non-correspondence between the functions and resources of the Central and State

Governments

(C) Centre’s supremacy over the States

(D) None of the above

41. Fiscal consolidation at the Centre can be achieved by :

(A) Rationalization of major subsidies alone

(B) Reducing the defence expenditure only

(C) Raising the tax-GDP ratio and rationalisation of subsidies

(D) Minimising the Central assistance to the States

Page 19: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 19 Paper-II

37. ÃÖ ÛúÖ ¸üÖ Ÿ ´Ö Ûú ²ÖÖ ÆË üµÖ ¯Ö Ï ³Ö Ö¾ ÖÖ ë ÛúÖ ÃÖé•Ö ®Ö Ûú¸ü®Öê ¾Ö Ö »Ö ê ˆŸ ¯Ö Ö ¤ü®Ö ŸÖ £Ö Ö ˆ¯Ö ³Ö Öê ÝÖ ÛúÖê ¯Ö Ï Öê Ÿ ÃÖÖ × ÆüŸÖ Ûú¸ü®Öê Ûê ú × »Ö‹ ˆ¯Ö µÖ Öê ÝÖ Ûúß •Ö Ö ®Ö ê ¾ Ö Ö» Öß Ÿ Ö Ûú®Öß ÛúÖë ÛúÖ ê ÛúÆüÖ •Ö ÖŸ ÖÖ Æî ü

(A) Ûú¸ü ¯Ö Ï Öê Ÿ ÃÖ Ö Æü®Ö ŸÖ £Ö Ö ¾Ö Ö ˆ“Ö ÃÖÔ (B) ¿Ö ã » Ûú Ÿ Ö£ ÖÖ ¤Ó ü›ü

(C) Ûú¸ü Ÿ Ö £ ÖÖ ¯Ö Ï ³Ö Ö¸ü (D) × ¾ Ö ¿Ö ê ÂÖ †Ö Ûú»Ö ®Ö

38. ‹›ü´Ö × Ã´Ö £ Ö «üÖ ¸üÖ Ûú¸üÖ ¬ÖÖ ®Ö Ûê ú × Ûú®Ö × ®Ö µÖ ´ÖÖ ë ÛúÖ ¯ÖÏ ×Ÿ Ö ¯ÖÖ ¤ü®Ö × ÛúµÖÖ Ý Ö µÖ Ö Æî ü ?

(A) × ´Ö Ÿ Ö¾ µÖ× µÖ ŸÖ Ö, » ÖÖ ê “Ö ¿Ö ß »Ö ŸÖ Ö , ÃÖ ¸ü» ÖŸ Ö Ö ŸÖ £ ÖÖ ¯Ö µÖ Ö Ô ¯Ÿ ÖŸ Ö Ö

(B) ÃÖ ´Ö Ÿ Ö Ö, × ®Ö× ¿“Ö Ÿ ÖŸ ÖÖ , ÃÖ ã× ¾Ö ¬Ö Ö ŸÖ £ ÖÖ × ´Ö Ÿ Ö¾ µÖ× µÖ ŸÖ Ö

(C) × ®Ö × ¿“ÖŸ Ö ŸÖ Ö, ÃÖ ã ×¾ Ö ¬ÖÖ , × ´ÖŸ Ö¾ µÖ ×µÖ ŸÖ Ö Ÿ Ö £Ö Ö » ÖÖ ê “Ö ¿Ö ß» ÖŸ Ö Ö

(D) × ´Ö Ÿ Ö¾ µÖ× µÖ ŸÖ Ö, ÃÖ ´Ö ®¾ Ö µÖ , ÃÖ ã× ¾Ö ¬Ö Ö ŸÖ£ Ö Ö †Ö¾ Ö ¿µÖ Û úŸ ÖÖ

39. ¯Ö ß ÛúÖò Ûú-¾ ÖÖ ‡•Ö ´Ö î ®Ö †¾ Ö ¬ÖÖ ¸üÞÖÖ ´Ö ë ¾ Ö ÙÞÖ ŸÖ × ¾Ö ã ÖÖ ¯Ö ®Ö ¯ÖÏ ³ÖÖ ¾Ö ÛúÖ †£ ÖÔ Æî ü

(A) ˆ““Ö †Ö Ù £ Ö Ûú ¾Ö é× ¨ü Ûê ú †®Ö ã ÃÖ Ö¸ü » Ö Öê Ûú ¾ µÖ µÖ ÛúÖ ˆ¬¾ Ö ÔÝ ÖÖ ´Ö ß ¯ÖÏ × ŸÖ ã ÖÖ¯Ö ®Ö …

(B) » Ö Öê Ûú ¾ µÖ µÖ Ÿ Ö£ Ö Ö Ûú¸üÖ ¬Ö Ö ®Ö Ûê ú ¯Ö ã üÖ®Ö ê ºþ—Ö Ö ®Ö ÃÖê ®Ö ‹ Ÿ Ö£ ÖÖ ˆ““Ö Ÿ Ö ¸ü ß Ö ¸ü Ûúß †Ö ê ü Ý Ö ´Ö ®Ö …

(C) » Ö Öê Ûú ¾ µÖ µÖ ´Ö ë × Ã£Ö ¸ü ¤ü¸ü ÃÖ ê ¾ Ö é× ¨ü ÆüÖ ê Ÿ Öß Æî ü Ÿ Ö£ ÖÖ µÖ Æü ˆ““Ö Ÿ Ö ¸ü ß Ö ¸ü ¯Ö¸ü ¯Ö Æã Ñ ü“ÖŸ ÖÖ Æî ü …

(D) ÃÖ ¸üÛúÖ ¸ü †× ¬Ö ÛúÖ× ¬Ö Ûú ®Ö ‹ ÛúÖ µÖÔ Ûú» Ö Ö ¯Ö ¿Ö ã ºþ Ûú¸üŸÖ ß Æî ü ŸÖ £ ÖÖ ‡ÃÖ ¯Ö Ï ÛúÖ ¸ü » Ö Öê Ûú ¾ µÖ µÖ ´Ö ë ŸÖ ê •Öß ÃÖ ê ¾Ö é× ¨ü ÆüÖ ê ŸÖ ß Æî ü …

40. × ÛúÃÖ ß ¯Ö× ¸üÃÖ Ó ‘Ö Ûúß ÃÖ ¾Ö ÖÔ × ¬Ö Ûú ´Ö Æü¢¾ Ö ¯Öæ ÞÖÔ ×¾ Ö ¿Öê ÂÖ ŸÖ Ö Æî ü

(A) Ûë ú¦ü Ÿ Ö £ Ö Ö ¸üÖ •µÖ ÃÖ ¸üÛúÖ¸üÖ ë Ûê ú ÛúÖ µÖÖí Ÿ Ö £Ö Ö ÃÖÓ ÃÖ Ö ¬Ö ®ÖÖ ë Ûê ú ²Ö ß “Ö ¯Ö æ ÞÖ Ô × ´Ö»Ö Ö ®Ö

(B) Ûë ú¦ü Ÿ Ö £ Ö Ö ¸üÖ •µÖ ÃÖ ¸üÛúÖ¸üÖ ë Ûê ú ÛúÖ µÖÖì Ÿ Ö £Ö Ö ÃÖÓ ÃÖ Ö ¬Ö ®ÖÖ ë Ûê ú ²Ö ß “Ö Ÿ Ö ¤ü®Ö ã ºþ¯ÖŸ Ö Ö ®Ö Æüà ÆüÖê ®Ö Ö …

(C) ¸üÖ •µÖ Öë ¯Ö ¸ü Ûë ú¦ü Ûúß ÃÖ ¾ ÖÖ ì ““Ö Ÿ ÖÖ …

(D) ˆ¯Ö µÖ ãÔ ŒŸÖ ´Ö ë ÛúÖ ê ‡Ô ®Ö Æüà …

41. Ûë ú¦ü ´Ö ë × ¾ Ö ¢Öß µÖ ÃÖ ´Ö ê Ûú®Ö × ÛúµÖÖ •Ö Ö ÃÖ ÛúŸ Ö Ö Æî ü

(A) Ûê ú¾ Ö» Ö ¯ÖÏ ´Ö ã ÜÖ ÃÖ × ²ÃÖ× ›üµÖÖ ë ÛúÖê µÖ ã× ŒŸ Ö ÃÖ ÓÝ ÖŸ Ö ²Ö ®Ö Ö Ûú¸ü …

(B) ¸üõÖ Ö ¾ µÖ µÖ ´Ö ë Ûú™üÖî Ÿ Öß Ûú¸ü …

(C) Ûú¸ü-ÃÖ Ûú» Ö ‘Ö ê ü» Öæ ˆŸ ¯Ö Ö ¤ü †®Ö ã ¯ÖÖ ŸÖ ´Ö ë ¾ Ö é× ¨ü Ûú¸ü Ÿ Ö £ ÖÖ ÃÖ × ²ÃÖ× ›üµÖÖ ë ÛúÖ ê µÖã × ŒŸ Ö ÃÖÓ ÝÖ Ÿ Ö ²Ö ®Ö Ö Ûú¸ü …

(D) ¸üÖ •µÖ ÛúÖ ê Ûë ú¦üß µÖ ÃÖ ÆüÖ µÖŸ ÖÖ ®µÖ æ ®ÖŸ Ö ´Ö Ûú¸üÛê ú …

Page 20: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 20 D-01-14

42. Arrange the following Reports in chronological order :

I. Direct Taxes Enquiry Committee, Final Report

II. Final Report on Rationalising and Simplifications of the Tax Structure

III. Indian Tax Reforms – Report of a Survey

IV. Taxation Enquiry Commission

Choose the correct answer from the codes given below :

Codes :

(A) IV, III, II, I (B) I, II, III, IV

(C) III, I, IV, II (D) II, III, I, IV

43. Identify correctly the taxes in State List (List – II) of the Constitution of India :

I. Taxes on mineral rights

II. Taxes on luxuries

III. Rates of stamp duty in respect of bills of exchange, cheques and promissory notes

IV. Excise duties on tobacco

Choose the right answer from the codes given below :

Codes :

(A) I and III are correct. (B) I and II are correct.

(C) I, III and IV are correct. (D) II, III and IV are correct.

44. Lump sum grant means :

(A) A grant whose amount is sufficient to meet the expenditure.

(B) A matching and conditional grant.

(C) Grant given for a special purpose and it can be utilised only for that purpose.

(D) A grant whose amount is not dependent on any matching effort of the recipient.

45. Geometric mean of Laspeyre’s and Paasche’s indices provides :

(A) Marshall-Edgeworth Index (B) Bowley’s Index

(C) Fisher’s Index (D) Kelley’s Index

Page 21: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 21 Paper-II

42. × ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¸ü¯ÖÖ ê™üÖ í ÛúÖê ÛúÖ »Ö ÛÎ ú´ÖÖ ®Ö ã ÃÖÖ ¸ü ¾ µÖ¾ Ö× Ã£ Ö ŸÖ Ûú¸ ë ü :

I. ¯Ö Ï Ÿ µÖ õÖ Ûú¸ü •Ö Ö Ñ “Ö ÃÖ × ´Ö× Ÿ Ö, †Ó × ŸÖ ´Ö × ¸ü¯Ö Öê ™ Ô ü

II. Ûú¸ü ÃÖ Ó ¸ü“Ö ®ÖÖ ÛúÖ ê µÖã × ŒŸ Ö ÃÖÓ ÝÖ ŸÖ Ÿ Ö £Ö Ö ÃÖ ¸ü» Ö ²Ö ®ÖÖ ‹ •Ö Ö ®Öê ÃÖ Ó ²Ö Ó ¬Öß †Ó ן Ö ´Ö × ¸ü¯Ö Öê ™ Ô ü

III. ³Ö Ö ¸üŸÖ ß µÖ Ûú¸ü ÃÖ ã ¬Ö Ö¸ü – ÃÖ ¾ Ö ì õÖ ÞÖ Ûúß × ¸ü¯Ö Öê ™Ô ü

IV. Ûú¸ü •Ö Ö Ñ “Ö †Ö µÖ Öê ÝÖ

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤ü‹ Ûæ ú™üÖ ë ´Öë ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü “Ö ã ®Ö ë :

Ûæú™ü :

(A) IV, III, II, I (B) I, II, III, IV

(C) III, I, IV, II (D) II, III, I, IV

43. ³Ö Ö ¸üŸÖ ß µÖ ÃÖ Ó× ¾ Ö ¬Ö Ö ®Ö ´Öë ¸üÖ •µÖ ÃÖ æ “Ö ß (ÃÖ æ “Ö ß – II) ´Ö ë Ûú¸üÖ ë Ûúß ÃÖ Æüß ¯Ö Æü“Ö Ö ®Ö Ûú ë ü :

I. ÜÖ × ®Ö •Ö †× ¬Ö ÛúÖ ¸ü ¯Ö¸ü Ûú¸ü

II. × ¾ Ö» ÖÖ × ÃÖ ŸÖ Ö ¾Ö ß Öã †Öë ¯Ö ¸ü Ûú¸ü

III. × ¾ Ö× ®Ö ´Ö µÖ × ²Ö» Ö Öë , “Öê ÛúÖë †Ö î ¸ü ¯ÖÏ Öò × ´ÖÃÖ ¸üß ®Ö Öê ™ Ë üÃÖ Ûê ú ÃÖ Ó ¤ü³Ö Ô ´Ö ë ÙüÖ ´¯Ö ¿Öã» Ûú Ûúß ¤ü¸ü

IV. Ÿ Ö ´²Ö Ö Ûæ ú ¯Ö ¸ü ˆŸ ¯Ö Ö ¤ü ¿Ö ã» Ûú

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤üµÖ ê ÝÖ µÖê Ûæ ú™üÖë ´Ö ë ÃÖ ê ÃÖ Æüß ˆ¢Ö ¸ü “Ö ã ®Öë :

Ûæú™ü :

(A) I †Ö î ¸ü III ÃÖ Æüß Æï ü … (B) I †Ö î ¸ü II ÃÖ Æüß Æï ü …

(C) I, III †Ö î ¸ü IV ÃÖ Æüß Æï ü … (D) II, III †Ö î ¸ü IV ÃÖ Æüß Æï ü …

44. ‹Ûú´Ö ã ¿Ÿ Ö †®Ö ã ¤üÖ ®Ö ÛúÖ Ÿ ÖÖ Ÿ ¯Ö µÖ Ô Æî ü :

(A) ‹ê ÃÖ Ö †®Öã ¤üÖ ®Ö × •Ö ÃÖ Ûúß ¸üÖ × ¿Ö ¾ µÖ µÖ ÛúÖ ê ¯Ö æ ¸üÖ Ûú¸ü®Ö ê Ûê ú ×» Ö ‹ ¯ÖµÖ ÖÔ ¯ŸÖ Æî ü …

(B) ‹Ûú Ÿ Ö ã » µÖ Ÿ Ö£ ÖÖ ÃÖ ¿Ö Ÿ ÖÔ †®Ö ã ¤üÖ ®Ö

(C) ‹Ûú × ¾ Ö ¿Öê ÂÖ ˆ§ê ü¿µÖ Æê üŸ Öã ¯ÖÏ ¤ü¢Ö †®Ö ã ¤üÖ ®Ö × •Ö ÃÖ ê ´Ö Ö ¡Ö ˆÃÖ ß ˆ§ê ü¿µÖ Ûê ú × »Ö ‹ ¾ µÖ µÖ × ÛúµÖÖ •Ö Ö ÃÖ ÛúŸÖ Ö ÆüÖê …

(D) ‹ê ÃÖ Ö †®Öã ¤üÖ ®Ö × •Ö ÃÖ Ûúß ¸üÖ × ¿Ö ¯Ö ÏÖ ¯Ÿ ÖÛú¢Ö Ö Ô †Öë Ûê ú Ÿ Öã » µÖ ¯Ö Ï µÖ Ö ÃÖ ¯Ö¸ü × ®Ö ³Ö Ô ü ®Ö Æüà ÆüÖ ê …

45. » Ö î ïÖê ¸ü †Ö î ü ¯Ö Ö ¿Öê Ûê ú ÃÖ æ “Ö ÛúÖÓ ÛúÖ ë ÛúÖ Ý Ö ãÞÖÖ ê ¢Ö ¸ü ´Ö Ö ¬µÖ ¯Ö Ï ¤üÖ ®Ö Ûú¸üŸÖ Ö Æî ü :

(A) ´Ö Ö ¿Ö Ô» Ö -‹•Ö ¾Ö £Ö Ô ÃÖæ “Ö ÛúÖÓ Ûú (B) ²Ö Ö ˆ» Öê ÛúÖ ÃÖ æ “Ö ÛúÖÓ Ûú

(C) × ±ú¿Ö ¸ü ÛúÖ ÃÖ æ “Ö ÛúÖÓ Ûú (D) Ûê ú» Öß ÛúÖ ÃÖ æ “Ö ÛúÖ Ó Ûú

Page 22: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Paper-II 22 D-01-14

46. Assertion (A) : Moving averages method can be used to estimate trend in time series.

Reasoning (R) : Moving averages is a device to smoothen the fluctuations in time series.

Choose the correct answer from the codes given below :

Codes :

(A) Both (A) and (R) are correct and (R) is a correct explanation of (A).

(B) Both (A) and (R) are correct, but (R) is not a correct explanation of (A).

(C) (A) is correct, but (R) is incorrect.

(D) (R) is correct, but (A) is incorrect.

47. Which one of the following denotes the power of the Test ? [α is probability of Type I

error and β is probability of Type II error]

(A) α (B) β

(C) 1 – α (D) 1 – β

48. In a frequency distribution the standard deviation of which is 15.8, the value of median is

more than mean by 4, what will be its coefficient of skewness ?

(A) – 0.76 (B) + 0.76

(C) – 0.86 (D) + 0.86

49. Three coins are tossed simultaneously. What is the probability that they will fall 2 heads

and 1 tail ?

(A) 1

2 (B)

1

4

(C) 3

4 (D)

3

8

50. In a frequency distribution if each item is multiplied by 5, the coefficient of variation will

remain

(A) unchanged (B) will be multiplied by 5

(C) will be multiplied by 25 (D) will be multiplied by 1/5

Page 23: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

D-01-14 23 Paper-II

46. †×³ÖÛú£Ö®Ö (A) : “Ö» Ö †Öî ÃÖ ŸÖ ¯Ö ¨ü× ŸÖ ÛúÖ ¯Ö Ï µÖ Öê Ý Ö ÃÖ ´Ö µÖ ÀÖ éÓ ÜÖ» ÖÖ ´Ö ë ¯ÖÏ ¾Ö é× Ÿ Ö ÛúÖ †ÖÑ Ûú» Ö ®Ö Ûú¸ü®Öê Æê üŸ Ö ã × ÛúµÖÖ •ÖÖ ÃÖ ÛúŸÖ Ö Æî ü …

ŸÖÛÔú (R) : “Ö » Ö †Öî ÃÖ ŸÖ ÃÖ ´Ö µÖ ÀÖ é ÓÜÖ »Ö Ö ´Ö ë ˆŸ ÖÖ ¸ü-“Ö œÌ üÖ ¾Ö ÛúÖ ê × ®Ö ÂÛúÖ ê ×ÞÖ ŸÖ ²Ö ®ÖÖ ®Öê ÛúÖ ‹Ûú ÃÖ Ö ¬Ö ®Ö Æî ü …

× ®Ö ´®Ö ÖÓ × ÛúŸÖ × ¤üµÖ ê ÝÖ µÖê Ûæ ú™üÖë ´Ö ë ÃÖ ê ÃÖ Æüß Ûæ ú™ü ÛúÖ “Ö µÖ ®Ö Ûúß × •Ö ‹ :

Ûæú™ü :

(A) (A) †Ö î ¸ü (R) ¤üÖ ê ®Ö Ö ë ÃÖ Æüß Æï ü †Ö î ü (R), (A) Û úß ÃÖ Æüß ¾ µÖ Ö ÜµÖ Ö Æî ü …

(B) (A) †Ö î ¸ü (R) ¤üÖ ê ®Ö Ö ë ÃÖ Æüß Æï ü, ¯Ö¸ü®Ÿ Ö ã ü (R), (A) Ûúß ÃÖ Æüß ¾ µÖ Ö ÜµÖ Ö ®ÖÆüà Æî ü …

(C) (A) ÃÖ Æüß Æî ü, ¯Ö ¸ü®Ÿ Ö ã (R) ÃÖ Æüß ®Ö Æüà Æî ü …

(D) (R) ÃÖ Æüß Æî ü, ¯Ö ¸ü®Ÿ Ö ã (A) ÃÖ Æüß ®Ö Æüà Æî ü …

47. × ®Ö ´®Ö × »Ö × ÜÖ ŸÖ ´Ö ë ÃÖ ê ÛúÖî ®Ö ¯Ö ¸üß õÖ ÞÖ Ûúß ¿Ö × ŒŸ Ö ÛúÖê ‡Ó ×Ý ÖŸ Ö Ûú¸üŸÖ Ö Æî ü ? [α ¯Ö Ï ÛúÖ ¸ü I ¡Ö ã × ™ü Ûúß ÃÖ Ó ³Ö Ö ¾ µÖ ŸÖ Ö Æî ü †Ö î ¸ü β ¯Ö ÏÛúÖ ¸ü II

¡Ö ã ×™ü Ûúß ÃÖ Ó ³ÖÖ ¾ µÖ Ÿ ÖÖ Æî ü]

(A) α (B) β

(C) 1 – α (D) 1 – β

48. ‹Ûú †Ö ¾ Öé × ¢Ö × ¾Ö Ÿ Ö¸üÞÖ ´Öë × •Ö ÃÖ ÛúÖ ¯Ö Ï ´Ö Ö ¯Ö ×¾ Ö “Ö»Ö ®Ö 15.8 Æî ü, × •Ö ÃÖ Ûúß ´Ö Ö × ¬µÖ ÛúÖ ˆÃÖ Ûê ú ´Ö Ö ¬µÖ ÃÖ ê 4 †× ¬Ö Ûú Æî ü, ŸÖ Öê ‡ÃÖ ÛúÖ × ¾ Ö ÂÖ ´ÖŸ ÖÖ Ý Öã ÞÖÖ Ó Ûú × ÛúŸ Ö ®ÖÖ ÆüÖ êÝ ÖÖ ?

(A) – 0.76 (B) + 0.76

(C) – 0.86 (D) + 0.86

49. Ÿ Ö ß ®Ö × ÃÖ ŒÛúÖë ÛúÖ ê ‹Ûú ÃÖ Ö£ Ö ˆ”ûÖ »Ö Ö •Ö ÖŸ ÖÖ Æî ü … ‡®Ö × ÃÖ ŒÛúÖ ë Ûê ú 2 × “Ö ¢Ö †Ö î ¸ü 1 ¯Ö ™ü ÆüÖ ê ®Öê Ûúß ŒµÖÖ ¯Ö ÏÖ ×µÖ ÛúŸ ÖÖ ÆüÖ ê ÝÖ ß ?

(A) 1

2 (B)

1

4

(C) 3

4 (D)

3

8

50. †Ö ¾ Öé × ŸÖ ²ÖÓ ™ü®Ö ´Ö ë µÖ× ¤ü ¯Ö Ï Ÿ µÖ ê Ûú ´Ö ¤ü ÛúÖ ê 5 ÃÖ ê Ý Ö ã ÞÖ Ö × ÛúµÖ Ö •ÖÖ Ÿ ÖÖ Æî ü Ÿ ÖÖ ê × ¾ Ö “Ö» Ö ®Ö Ý Öã ÞÖÖ Ó Ûú

(A) †¯Ö × ¸ü¾Ö Ù ŸÖ ŸÖ ¸üÆê üÝÖ Ö … (B) 5 «üÖ ¸üÖ Ý Öã × ÞÖ ŸÖ ÆüÖ ê ÝÖ Ö …

(C) 25 «üÖ ¸üÖ Ý Öã × ÞÖ ŸÖ ÆüÖ ê ÝÖ Ö … (D) 1/5 «üÖ ¸üÖ Ý Öã ×ÞÖ ŸÖ ÆüÖ êÝ Ö Ö …

Page 24: D-01-14-II (Economics) Inst - cbsenet.nic.in II/D-01-2.pdf · the correct response against each ite m. Example : where (C) is the correct response. 5. Your responses to the items

Space For Rough Work

Paper-II 24 D-01-14