1 [P.T.O.

NOV - 11211/II

1. In case of inferior good :

(I) Income effect is negative.

(II) Substitution effect is positive.

(A) I is correct but not II

(B) II is correct but not I

(C) Both I and II are correct

(D) Both I and II are wrong

2. The negative slope of the

indifference curve is due to the

assumption of :

(A) transitivity

(B) non-satiety

(C) Diminishing Marginal Rate of

Substitution

(D) Diminishing Marginal Utility

1. ^fuœ"V oLrw*P;k ckcrhr %

(I) mRiUu ifj.kke Ω.k vlrks-

(II) i;kZ;rk ifj.kke /ku vlrks-

(A) I cjkscj ijarq II ukgh

(B) II cjkscj ijarq I ukgh

(C) I vkf.k II nksugh cjkscj

(D) I vkf.k II nksugh pwd

2. leo`Ÿkh oÿkpk Ω.kkRed mrkj ;k x`fgrkeq s

vlrks %

(A) laÿkedrk

(B) vr`Irh

(C) ?kVrk lhekUr i;kZ;rk nj

(D) ?kVrh lhekUr mi;ksfxrk

EconomicsPaper II

vFkZ'kkL=iz'uif=dk II

Time Allowed : 75 Minutes] [Maximum Marks : 100

Note : This Paper contains Fifty (50) multiple choice questions, each question

carrying Two (2) marks. Attempt All questions.

lwpuk % ;k iz'uif=dsr ,dw.k iÈkkl (50) cgqi;kZ;h iz'u fnysys vkgsr- izR;sd iz'ukyk nksu (2)

xq.k vkgsr- loZ iz'u lksMok-

2

NOV - 11211/II

3. In case of Cobb-Douglas production

function, Q = AKα Lβ the marginal

productivity of labour is :

(A) β * average product of labour

(B) β * total product of labour

(C)1

β * average product of labour

(D)1

β * total product of labour

4. If factors of production are close

substitutes in the process of

production then the isoquants

would be :

(A) Convex to the origin but steeper

(B) Convex to the origin but flatter

(C) Straight line

(D) L-shaped

5. (I) A monopolist practising first

degree price discrimination

produces efficient output.

(II) Duopolist in Cournot model

produces inefficient output.

(A) I is correct but not II

(B) II is correct but not I

(C) Both I and II are correct

(D) Both I and II are wrong

3. Q = AKα Lβ ;k dkWc&MXyl mRiknu

Qyukr Jfedkaps lhekUr mRiknu Qy gs

,o<s vlrs %

(A) β * Jfedkaps ljkljh mRiknu Qy

(B) β * Jfedkaps ,dw.k mRiknu Qy

(C)1

β * Jfedkaps ljkljh mRiknu Qy

(D)1

β * Jfedkaps ,dw.k mRiknu Qy

4. tj mRiknukP;k izfÿ;sr mRiknu ?kVd

,desdkauk toˇps i;kZ;h vlrhy rj

lemRiknu oÿ %

(A) vkjaHkLFkkuk'kh cfgoZÿ ijarq p<.k

vlrkr

(B) vkjaHkLFkkuk'kh cfgoZÿ~ ijarq iljV

vlrkr

(C) ljˇ js[kk

(D) L vkdkjkps

5. (I) izFke izek.kkpk fdaerHksn dj.kkjk eDrsnkj

dk;Zke mRiknu djrks-

(II) ftukf/kdkjkP;k dquksZP;k izfrekukrhy

m|ksxlaLFkk vdk;Zke mRiknu djrs-

(A) I cjkscj ijarq II ukgh

(B) II cjkscj ijarq I ukgh

(C) I vkf.k II nksugh cjkscj

(D) I vkf.k II nksugh pwd

3 [P.T.O.

NOV - 11211/II

6. Sylos-Libini model is a model of :

(A) Cartels

(B) Limit pricing

(C) Monopsony

(D) Non-collusive oligopoly

7. ‘Value of aggregate excess demand

is identically zero’ is the :

(A) Samuelson’s law

(B) Arrow law

(C) Walra’s law

(D) Kaldor’s law

8. In the classical theory an increase

in marginal productivity of labour

leads to :

(A) Fall in real wage rate

(B) Rise in real wage rate

(C) Rise in money supply

(D) Fall in employment

6. lk;yl&yk;fcuhps izfreku gs ;kps izfreku

vkgs %

(A) foÿ; fu;a=.k la?k

(B) e;kZnk fdaer

(C) ,dÿ;kf/kdkj

(D) vlaxuer vYitukf/kdkj

7. ^ldy vfrfjDr ekx.khps ewY; vfHkUur%

'kwU;* vlrs gk %

(A) lWE;qvylupk fu;e vkgs

(B) vWjkspk fu;e vkgs

(C) okWyjkpk fu;e vkgs

(D) dkYMjpk fu;e vkgs

8. lukru flºkUrke/ks JfedkaP;k mRikndrsrhy

ok< gh [kkyhy ckc ?kMowu vk.krs %

(A) okLro osrunjkr ?kV

(B) okLro osrunjkr ok<

(C) iS'kkP;k iqjoBÓkr ok<

(D) jkstxkjkr ?kV

4

NOV - 11211/II

9. In a standard notation if

C = 200 + 0.7Y, I = 400, G = 300

and tax rate (t) = 0.30, then the

equilibrium level of income would

be approximately equal to :

(A) 3000

(B) 900

(C) 1800

(D) 1000

10. Hypothesis which states that

individuals save in young age and

dissave in the age of retirement is

known as :

(A) Life cycle hypothesis

(B) Permanent income hypothesis

(C) Relative income hypothesis

(D) Absolute income hypothesis

11. The square root rule states :

(A) demand for money increases

with cost of transactions

(B) demand for money decreases

with cost of transactions

(C) demand for money remains

constant with cost of

transactions

(D) demand for money does not

depend on cost of transactions

9. izekf.kr laKkoyhuqlkj tj C = 200 + 0.7Y,

I = 400, G = 300 vkf.k djkpk nj

(t) = 0.30, rj lerksy mRiUu toˇikl

,o<s vlsy %

(A) 3000

(B) 900

(C) 1800

(D) 1000

10. r#.k o;kr O;Drh cpr djrkr vkf.k

fuo`Ÿkhuarj vicpr djrkr gh ifjdYiuk ;k

ukokus vks [kys tkrs %

(A) thoupÿ ifjdYiuk

(B) dk;e mRiUu ifjdYiuk

(C) lkisk mRiUu ifjdYiuk

(D) dsoy mRiUu ifjdYiuk

11. oxZewˇ fu;e gs lkaxrks %

(A) iS'kkph ekx.kh O;ogkj [kpkZcjkscj ok<r

tkrs

(B) iS'kkph ekx.kh O;ogkj [kpkZcjkscj ?kVr

tkrs

(C) iS'kkph ekx.kh O;ogkj [kpkZcjkscj fLFkj

jkgrs

(D) iS'kkph ekx.kh O;ogkj [kpkZoj voyacwu

ulrs

5 [P.T.O.

NOV - 11211/II

12. If the currency-deposit ratio

(cu) = 0.2, reserve ratio (re) = 0.4,

the value of money multiplier is :

(A) 1.5

(B) 2.5

(C) 2

(D) 4

13. In the long run :

(I) Philips curve is vertical at the

natural rate of unemployment.

(II) Changes in money supply do

not influence employment.

(A) I is true but not II

(B) II is true but not I

(C) Both I and II are correct

(D) Both I and II are wrong

14. In the standard IS-LM model,

if unemployment occurs in

equilibrium, then :

(I) Taxes must be reduced.

(II) Reserve ratio must be raised.

(A) Statement I is correct and II is

wrong

(B) Statement I is wrong and II is

correct

(C) Both statements I and II are

correct

(D) Both statements I and II are

wrong

12. tj pyu&Bsoh xq.kksŸkj (cu) = 0.2, jks[k jk[khoxq.kksŸkj (re) = 0.4 vls] rj iS'kkP;k xq.kdkpsewY; ,o<s vlrs %

(A) 1.5

(B) 2.5

(C) 2

(D) 4

13. nh?kZdkˇkr %

(I) fQfyIl oÿ csjkstxkjhP;k uSlfxZdnjkik'kh fkfrtyac vlrks-

(II) iS'kkP;k iqjoBÓkrhy cnykapk jkstxkjkojifj.kke gksr ukgh-

(A) I cjkscj ijarq II ukgh

(B) II cjkscj ijarq I ukgh

(C) I vkf.k II nksugh cjkscj

(D) I vkf.k II nksugh pwd

14. izekf.kr IS-LM izfrekukr tj vFkZO;oLFkklerksykoLFksr vlrkauk csjkstxkjh vlsyrj %

(I) dj deh dj.ks vko';d Bjrs-

(II) jks[k jk[kho xq.kksŸkj ok<o.ks vko';dBjrs-

(A) fo/kku I cjkscj ijarq II pwd

(B) fo/kku I pwd ijarq II cjkscj

(C) fo/kku I vkf.k II nksugh cjkscj

(D) fo/kku I vkf.k II nksugh pwd

6

NOV - 11211/II

15. “Incomes of the poor increase in an

economy such that the poor move

closer to the poverty line.”

Which of the following poverty

measures will show a decrease ?

(A) The head count ratio

(B) The poverty gap ratio

(C) Both the head count ratio and

the poverty gap

(D) Neither the head count ratio

nor the poverty gap

16. Industry is considered to be

important to agriculture in economic

development as :

(A) A source of raw material

(B) A reservoir of labour

(C) A source of savings for

investment

(D) A source of demand for

agricultural output

15. fl,[kk|k vFkZO;oLFksr] xfjckaph mRiUus v'kk

izdkjs ok<rkr dh xjhc yksd nkfjÊÓ js"ksP;k

vf/kd toˇ tkrkr-fi

[kkyhyiSdh dks.kR;k nkfjÊÓ ekiuke/;s ?kV

fnlsy \

(A) f'kjx.krh xq.kksŸkj

(B) nkfjÊÓ rQkor xq.kksŸkj

(C) f'kjx.krh xq.kksŸkj vkf.k nkfjÊÓ rQkor

xq.kksŸkj

(D) f'kjx.krh xq.kksŸkj ukgh vkf.k nkfjÊÓ

rQkor xq.kksŸkj i.k ukgh

16. vkfFkZd fodklkr 'ksrh ks=klkBh m|ksx ks=

egŸoiw.kZ eku.;kr ;srs dkj.k %

(A) dPpk ekykpk Úksr vlY;keq s

(B) Jfedkapk jk[kho lkBk vlY;keq s

(C) xqaro.kqdhlkBh cprhpk Úksr vlY;keq s

(D) 'k srh mRiknuklkBh ekx.khpk Úk sr

vlY;keq s

7 [P.T.O.

NOV - 11211/II

17. The predominant framework used in

the Second Five Year Plan of India

was based on :

(A) One sector model of the Harrod-

Domar type

(B) Sectoral model of the Feldman

type

(C) Multi-sector input-output model

(D) A linear programming model

involving inter-temporal

optimization

18. The Kahn-Chenery social marginal

productivity investment criterion

involved :

(A) Maximization of the Social

Marginal Productivity (SMP) of

capital in all uses

(B) Minimization of the SMP of

capital in all uses

(C) Equalization of the SMP of

capital in different uses

(D) Investing capital up to a point

where the SMP of capital is

zero

17. HkkjrkP;k nqlÚ;k iapokf"kZd ;kstusr mi;ksxkr

vk.kysY;k pkSdVhps izkcY; [kkyhyiSdh

dks.kR;k izfrekukoj vk/kkfjr gksrs \

(A) gWjksM&MkWejps ,d ks=h; izfreku

(B) QsYMeups ks=h; izfreku

(C) cgq&ks=h; vknk&iznk izfreku

(D) vkarjdkfyd b"Vrerspk lekos'k vlysys

js"kh; izk;kstuk izfreku

18. dkg~u&psusjh lkekftd lhekar mRikndrk

xqaro.kwd fud"kke/;s [kkyhyiSdh dks.kR;k

ckchpk lekos'k gksrks \

(A) loZ izdkjP;k mi;ksxkae/;s HkkaMoykP;k

lkekftd lhek ar mRikndrsp s

dekyhdj.k

(B) loZ izdkjP;k mi;ksxkae/;s HkkaMoykP;k

lkekftd lhek ar mRikndrsp s

fdekuhdj.k

(C) fofo/k izdkjP;k mi;ksxkae/;s HkkaMoykP;k

lkekftd lhekar mRikndrsps lekuhdj.k

(D) HkkaMoy xqaro.kwd v'kk fcanqi;±r dj.ks

tsFk s Hkk aMoykph lkekftd lhekar

mRikndrk 'kwU; jkghy

8

NOV - 11211/II

19. In cost-benefit analysis, the higher

the rate of discount, the lower will

be the net present value (NPV) of

a project. At a certain rate of discount

the NPV will be zero. This rate of

discount is called the :

(A) External rate of return

(B) Internal rate of return

(C) Incremental rate of return

(D) Forward rate of return

20. In the Solow-Swan model of growth

without technical progress, the rate

of growth of national output is not

equal to :

(A) The rate of growth of population

(B) The rate of growth of capital

stock

(C) The rate of growth of

consumption

(D) The rate of growth of taxes

19. O;;&ykHk fo'ys"k.kkr] dlj nj tkLrhpk

vlY;kl izdYikps fuOoˇ orZeku ewY; deh

jkghy- ,dk fof'k"V dlj njklkBh fuOoˇ

orZeku ewY; 'kwU; tj >kys rj ;k dlj njkl

iq<hyiSdh dk; Eg.krk ;sbZy \

(A) ckgÓ ijrkok nj

(B) varxZr ijrkok nj

(C) ok<ho ijrkok nj

(D) ok;nk ijrkok nj

20. rkaf=d izxrh ulrkauk lksyks&Loku ;kaP;k

izfrekukr] jk"V™h; mRiknu o`ºhpk nj

[kkyhyiSdh dks.kR;k njk'kh leku jkg.kkj

ukgh \

(A) yksdla[;sP;k o`ºh njk'kh

(B) HkkaMoyh lkBÓkP;k o`ºh njk'kh

(C) miHkksxkP;k o`ºh njk'kh

(D) djkP;k o`ºh njk'kh

9 [P.T.O.

NOV - 11211/II

21. Trade can act as an engine of growth

due to :

(A) Higher economies of scale

reaped by large scale production

for exports

(B) Lower availability of critical

imported capital and

intermediate goods made

possible by larger export

revenues

(C) Decreased efficiency in domestic

production due to opening up

of the economy to foreign

competition

(D) Lower level of skill formation

22. The Balanced Budget Multiplier

increases income by :

(A) Zero

(B) One

(C) The amount of the tax increase

(D) The amount of expenditure

increase

21. O;kikjkP;k oºhps bathu gh Hkwfedk [kkyhyiSdh

dks.kR;k dkj.kkeq s fuHkko.;kr ;srs \

(A) fu;kZrhlkBh c`gRifj.kke mRiknukpk ykHk

ferO;f;rk ok<.;kr gksrks

(B) vf/kdP;k fu;kZr feˇdrheq s fu.kkZ;d

HkkaMoy vk;krhph vkf.k v/kZflº oLrwaph

miyC/krk deh gksrs

(C) fons'kh Li/ksZlkBh vFkZO;oLFkk [kqyh

>kY;kus ?kjxqrh mRiknukP;k dk;Zkersr

?kV gksrs

(D) dkS'kY; fufeZrhpk Lrj fuEu vlY;keq s

22. lerksy vFkZladYi xq.kd mRiUukr fdrhus ok<

djrks \

(A) 'kwU;

(B) ,d

(C) dj ok<hP;k izek.kkr

(D) [kpZ ok<hP;k izek.kkr

10

NOV - 11211/II

23. gjh;k.kk jkT;kP;k vankftr njMksbZ eglqyk

iklwu ,[kk|k jkT;kps vankftr njMksbZ

eglqykps varj ;kl dk; lacks/krk ;srs \

(A) jktdks"kh; f'kLr

(B) dj olqyh iz;Ru

(C) jktdks"kh; kerk varj

(D) njMksbZ mRiUu varj

24. 2010&11 ;k foŸkh; o"kkZr dks.kR;k djkP;k

dj [kpkZph jDde tkLr vkgs \

(A) fuxe mRiUu dj

(B) oS;fDrd mRiUu dj

(C) mRiknu 'kqYd

(D) lhek 'kqYd

25. dsaÊ ljdkjP;k fo'ks"k izfrHkwfr jk"V™h; vYi

cpr fu/khyk fodwu mHkk dsysyk iSlk d'kkpk

Hkkx vlrks \

(A) Hkkjr ljdkjps fons'kh dtZ

(B) Hkkjr ljdkjps varxZr dtZ

(C) dsaÊ ljdkjph fcxj dtZ HkkaMoyh

tek

(D) dsaÊ ljdkjph eglqyh tek

23. Distance of states’ estimated per

capita revenue from estimated per

capita revenue of Haryana is

referred to as :

(A) Fiscal Discipline

(B) Tax Efforts

(C) Fiscal capacity distance

(D) Per capita income distance

24. Tax expenditure in financial year

2010-11 is higher in respect of :

(A) Corporate income tax

(B) Personal income tax

(C) Excise duty

(D) Customs duty

25. The special Central Government

Securities issued to National Small

Saving Fund constitute a part of :

(A) External Debt of India

(B) Internal Debt of India

(C) Non-debt capital receipts of

centre

(D) Revenue receipts of centre

11 [P.T.O.

NOV - 11211/II

26. Central Sales Tax is a state level

tax based on :

(A) Destination principle

(B) Origin principle

(C) Ability to pay principle

(D) Benefit principle

27. The distribution of Grants in

aid under Article 275 of the

constitution depends upon the

inter-se distribution of tax proceeds

under Article :

(A) 270

(B) 269(A)

(C) 271

(D) 268

28. Excess of non-plan revenue

expenditure over revenue receipts is

referred to as :

(A) Trade Balance

(B) Balance from current revenue

(C) Primary Balance

(D) Fiscal Balance

26. jkT; ikrˇh ojhy dsaÊh; foÿhdj dks.kR;k

rŸokoj vk/kkfjr vkgs \

(A) xarO;LFkku rŸo

(B) vkjaHkLFkku rŸo

(C) djns; kerk rŸo

(D) ykHk rŸo

27. jkT;?kVusP;k dye 275 vUo;s lgk∏;d

vuqnkukps dsysys okVi [kkyh fnysY;k dks.kR;k

dyekkjs jkT;k&jkT;kae/;s dj eglwykP;k

okVikoj voyacwu vlrs \

(A) 270

(B) 269(A)

(C) 271

(D) 268

28. eglqyh tesiskk ;kstusrj eglqyh [kpZ tkLr

gksrks rsOgk R;kl dk; lacks/kys tkrs \

(A) O;kikjh f'kYyd

(B) eglqyh [kkR;kojhy f'kYyd

(C) izkFkfed lerksy

(D) jktdks"kh; lerksy

12

NOV - 11211/II

29. Export Pessimism is :

(A) The feeling that the developing

countries’ exports to developed

countries cannot grow rapidly

because of the latter’s increased

protectionism.

(B) The feeling that the developing

countries will always have

imports higher than exports.

(C) The feeling that the rate of

growth of the developing

countries’ exports will always be

lower than the rate of growth

of their imports.

(D) The feeling that the developing

countries will always be

exporting primary products.

30. The Absolute Purchasing Power

Parity theory postulates that :

(A) The equilibrium exchange rate

between two currencies is equal

to the ratio of relative price

levels in the two nations.

(B) The equilibrium exchange rate

between two currencies is equal

to the ratio of the price levels

in the two nations.

(C) The equilibrium exchange rate

between two currencies is equal

to the ratio of price levels of

services in the two nations.

(D) The equilibrium exchange rate

between the two currencies is

equal to the ratio of factor prices

in the two nations.

29. fu;kZr fujk'kkokn Eg.kts -------------------- vlk

fopkj gks;-

(A) fodlu'khy ns'kkaph fodflr ns'kkauk

gks.kkjh fu;kZr fodflr ns'kkaP;k ok<R;k

lajk.koknkeq s ok<w 'kdr ukgh-

(B) v'kh Hkkouk dh fodlu'khy ns'kkaP;k

vk;krh fu;kZrhiskk usgehp tkLr

vlrkr-

(C) v'kh Hkkouk dh fodlu'khy ns'kkaP;k

fu;kZr o`ºhpk nj gk usgehp R;kaP;k

vk;kr o`ºh njkiskk deh vlsy-

(D) v'kh Hkkouk dh fodlu'khy ns'k usgehp

izkFkfed oLrwaph fu;kZr djrkr-

30. fujisk [kjsnh 'kDrh lekurk flºkar vls

/ofur djrks dh %

(A) nksu ns'kkarhy pyukapk lerksy fofue;

nj gk nksUgh ns'kkarhy rqyukRed fdaer

ikrˇh xq.kksŸkjkbrdk vlrks-

(B) pyukae/khy lerksy fofue; nj gk nksu

ns'kkarhy fdaer ikrˇhP;k xq.kksŸkjkbrdk

vlrks-

(C) nksu pyukae/khy lerksy fofue; nj gk

nk s Ugh n s'k k arhy l sok aP;k fd aer

xq.kksŸkjkbrdk vlrks-

(D) nksu pyukae/khy lerksy fofue; nj gk

nksUgh ns'kkarhy ?kVd fdaer xq.kksŸkjkbrdk

vlrks-

13 [P.T.O.

NOV - 11211/II

31. Export oriented industrialization :

(A) Overcomes the disadvantages

of smallness of the domestic

market

(B) Implies domestic industry

protection

(C) Implies imposing heavy export

duties

(D) Implies industrialization of

backward areas

32. Metzeler Paradox is :

(A) An exception to the Stopler-

Samuelson theorem

(B) An exception to the Leontif

paradox

(C) An exception to Mundell-

Fleming model

(D) An exception to Marshall-

Lerner condition

31. fu;kZrkfHkeq[k vkS|ksxhdj.k %

(A) n s'k k arx Zr cktkji sB sP;k ygku

vkdkjekukeq s fuekZ.k gks.kkjs nks"k nwj

djrs

(B) Eg.ktsp Lons'kh m|ksxkauk lajk.k

(C) Eg.ktsp tcj fu;kZr dj ykn.ks

(D) Eg.ktsp ekxkl Hkkxkps vkS|ksxhdj.k

dj.ks

32. esV>~yj fojks/kkHkkl Eg.kts %

(A) LVkWiyj&lWE;wvylu izes;kyk viokn

(B) fyvkWufVQ fojks/kkHkklkyk viokn

(C) eqaMsy&∂ysfeax izfrekukyk viokn

(D) ek'kZy&yuZj vVhauk viokn

14

NOV - 11211/II

33. Freely floating exchange rate

system means :

(A) The flexible exchange rate

system under which the

exchange rate is always

determined by the market

forces.

(B) The exchange rate system

under which the exchange rate

is determined by the exporting

country.

(C) The exchange rate system

under which the exchange rate

is mutually determined by

trading countries.

(D) The flexible exchange rate

system under which the

exchange rate is always

determined by the relative

change in factor prices.

34. When a country’s currency

depreciates :

(A) The Country’s Exports and

Imports both will rise

(B) The Country’s Exports and

Imports both will fall

(C) The Country’s Exports will rise

and Imports will fall

(D) The Country’s Exports will fall

and Imports will rise

33. eqDr rjy fofue; nj O;oLFkk Eg.kts %

(A) cnyrh fofue; nj O;oLFkk dh T;k

varxZr fofue; nj usgeh cktkj 'kDrhakjk

fuf'pr dsyk tkrks-

(B) v'kh fofue; nj O;oLFkk dh

T;ke/;s fofue; nj fu;kZrnkj ns'kkkjk

fuf'pr dsyk tkrks-

(C) v'kh fofue; nj O;oLFkk dh T;k varxZr

fofue; nj O;kikj dj.kkjs ns'k lgerhus

fuf'pr djrkr-

(D) cnyrh fofue; nj O;oLFkk dh T;k

varxZr fofue; nj usgeh ?kVdkaP;k

fdaerhr gks.kkÚ;k rqyukRed cnykakjk

fuf'pr dsyk tkrks-

34. tsaOgk ns'kkP;k pyukph ewY; ?kV gksrs %

(A) ns'kkph vk;kr o fu;k Zr nk sUghgh

ok<rhy

(B) ns'kkph vk;kr o fu;k Zr nk sUghgh

?kVrhy

(C) ns'kkph fu;kZr ok<sy o vk;kr deh

gksbZy

(D) ns'kkph fu;kZr deh gksbZy o vk;kr

ok<sy

15 [P.T.O.

NOV - 11211/II

35. The ‘J’ curve effect is :

(A) Net worsening of country’s

trade balance resulting from a

depreciation.

(B) Deterioration before a net

improvement in a Country’s

trade balance resulting from a

depreciation.

(C) Fall in demand for exports.

(D) Improvement before a

deterioration in a Country’s

trade balance resulting from a

fall in demand for exports.

36. Pertaining to India’s current Food

Policy, which of the following

statements are true ?

(1) It aims at averting of famines

by maintaining a buffer stock

of food grains.

(2) It ensures remunerative prices

for food grains.

(3) It encourages surplus

production for more exports.

(4) It aims at maintaining general

price level.

(A) 1, 2 and 4

(B) 1, 3 and 4

(C) 2 and 3

(D) 2 and 4

35. ^ts* oÿ ifj.kke Eg.kts %

(A) ewY;?klj.k >kY;keq s ns'kkpk O;kikjrksy

[kkykorks-

(B) ewY;?klj.khpk ifj.kke Eg.kwu O;kikjrksy

lq/kkj.;kiwohZ R;kr ?klj.k gks.ks-

(C) fu;kZrhdfjrk vl.kkÚ;k ekx.khr ?kV

gks.ks-

(D) fu;kZr ekx.khrhy ?kVheqˇs ns'kkP;k

O;kikjrksykl ?klj.k gks.;kiwohZ >kysyh

lq/kkj.kk gks;-

36. Hkkjrkrhy i zpfyr vUu /k k s j.k kckcr

[kkyhyiSdh dks.krh fo/kkus cjkscj vkgsr \

(1) vUu/kkU;kpk jk[kho lkBk fuekZ.k d:u

nq"dkˇ Vkˇ.;kps ;kr mfÌ"V vkgs-

(2) vUu/kkU;kl fdQk;r'khj fdaerh

feˇkO;kr v'kh [kk=h R;kr visfkr

vkgs-

(3) vfrfjDr mRiknu fu;kZr djkos vls

R;k;ksxs mŸkstu ns.;kr ;srs-

(4) loZlk/kkj.k fdaer ikrˇh fLFkj jk[kyh

tkoh vls ;kr mfÌ"V vkgs-

(A) 1, 2 o 4

(B) 1, 3 o 4

(C) 2 o 3

(D) 2 o 4

16

NOV - 11211/II

37. Match the following correctly andchoose the answer from the codesgiven below :

(a) NABARD (1) Financial Assis-tance for ware-housing

(b) NCDC (2) Refinancing agri-

cultural credit

(c) SCARDB (3) Interstate sale offarm products

(d) NAFED (4) Land development

Codes :

(a) (b) (c) (d)

(A) 2 1 4 3

(B) 1 2 3 4

(C) 4 1 2 3

(D) 3 2 4 1

38. What can you say about the

assertion (a) and reason (r) givenbelow :

Assertion (a) :

Non-performing Assets are a matterof major concern to India’s BankingSector.

Reason (r) :

All banks have been focussing on

lending to large business houses inrecent times.

(A) (a) is correct but (r) is incorrect

(B) (a) is incorrect but (r) is correct

(C) Both (a) and (r) are correct and(r) is the correct explanationof (a)

(D) Both (a) and (r) are correct but

(r) is not the correct explanationof (a)

37. ;ksX; tksMÓk tqˇok vkf.k cjkscj mŸkjfnysY;k lwphrwu fuoMk %

(a) NABARD (1) xqnkekalkBh foŸkh; lgk∏;

(b) NCDC (2) œf"k dtkZph iqufoZŸklsok

(c) SCARDB (3) œf"k mRiknukaph vkarj&jkT;h; foÿh

(d) NAFED (4) Hkw&fodkl

lwph %

(a) (b) (c) (d)

(A) 2 1 4 3

(B) 1 2 3 4

(C) 4 1 2 3

(D) 3 2 4 1

38. [kkyh fnysys fo/kku (a) o dkj.k (r) ;kckcrrqEgh dk; Eg.kky \

fo/kku (a) %

Hkkjrkrhy c°fdax ks=kckcr vdk;Zke ekyeŸkkgh eksBh fparsph ckc vkgs-

dkj.k (r) %

uftdP;k dkˇkr loZ c°dk cMÓk vkS|ksfxdx`gkauk dtZiqjoBk dj.;koj yk&dsafÊr djhrvkgsr-

(A) (a) lR; vkgs i.k (r) pqdhps vkgs

(B) (a) pqdhps vkgs i.k (r) lR; vkgs

(C) (a) o (r) gs nksUgh lR; vkgsr o (r)

gs (a) ps cjkscj Li"Vhdj.k vkgs

(D) (a) o (r) gs nksUgh lR; vkgsr i.k (r)

gs (a) ps cjkscj Li"Vhdj.k ukgh

17 [P.T.O.

NOV - 11211/II

39. In the context of finance, what is

the correct meaning of the term

‘bear’ :

(A) A person who expects a rise in

price of a security.

(B) A person who is a non-voting

shareholder of a joint stock

company.

(C) A person who expects a fall in

price of a security.

(D) A person who wants to borrow

for purchasing shares and

bonds.

40. An artificial currency is denoted by

which of the following ?

(A) ADR

(B) SDR

(C) GDR

(D) ADR and GDR

41. In the inclusive growth program of

the 11th Five Year Plan of India,

which of the following was not

included ?

(A) Reduction in gender inequality

(B) Strengthening of capital market

(C) Expanding employment

opportunities

(D) Reduction in poverty

39. foŸk ;k laKsP;k lanHkkZr ^csvj* (bear) ;k

'kCnkus dk; lwfpr gksrs \

(A) izfrHkwrhph fdaer ok<.;kph viskk

vlysyh O;Drh

(B) la;qDr HkkaMoyh daiuhph th fcxj ernkj

Hkkx/kkjd vkgs v'kh O;Drh

(C) izfrHkwrhph fdaer mrj.;kph viskk

vlysyh O;Drh

(D) leHkkx o jks[ks [kjsnh dj.;klkBh dtZ

dk<.;kph bPNk vl.kkjh O;Drh

40. [kkyhyiSdh œf=e pyu dks.krs \

(A) ADR

(B) SDR

(C) GDR

(D) ADR o GDR

41. Hkkjrkrhy vdjkO;k lekos'kd iapokf"kZd

;kstusP;k dk;Zÿekr [kkyhyiSdh d'kkpk

lekos'k ukgh \

(A) fyax fo"kersr ?kV

(B) HkkaMoy cktkjkps lkehdj.k

(C) jkstxkj la/khapk foLrkj

(D) xfjch izek.kkr ?kV

18

NOV - 11211/II

42. When the RBI raises the Cash

Reserve Ratio, it implies that :

(A) The RBI shall have less money

to lend

(B) The commercial banks shall

have less money to lend

(C) The union government shall

have less money to lend

(D) The government shall print less

money

43. There are 25 students in a class.

In the paper of Economics each

one has secured 49 marks. What

is the value of standard deviation

in this case ?

(A) 7/5

(B) 5/7

(C) one

(D) zero

44. The mean and variance of a

Binomial distribution is equal to :

(A) ,np npq

(B) 2 2,npq n p

(C) 2 2 2 2,n p n p q

(D) np, npq

42. fj>oZ c°dsdMwu tsOgk jks[k jk[kho xq.kksŸkjkr

ok< dsyh tkrs rsOgk %

(A) dtkZ≈ ns.;kl fj>oZ c°dsdMs deh iSlk

f'kYyd jgkrks

(B) dtkZ≈ ns.;kl O;kikjh c°dkadMs deh

iSlk f'kYyd jgkrks

(C) dtkZ≈ ns.;kl dsaÊ ljdkjdMs deh iSlk

f'kYyd jgkrks

(D) ljdkj deh pyukps eqÊ.k djrs

43. ,dk oxkZr 25 fo|kFkhZ vkgsr] vFkZ'kkL= ;k

fo"k;kP;k iz'uif=dse/;s izR;sd fo|kF;kZus

49 xq.k izkIr dsys vkgsr- v'kk fLFkrhr

izekf.kr fopyukps ewY; [kkyhyiSdh dks.krs

gksbZy \

(A) 7/5

(B) 5/7

(C) ,d

(D) 'kwU;

44. finh forj.kkph ljkljh vkf.k izpj.k ewY;s

[kkyhyiSdh dks.krh \

(A) ,np npq

(B) 2 2,npq n p

(C) 2 2 2 2,n p n p q

(D) np, npq

19 [P.T.O.

NOV - 11211/II

45. In case of Normal Distribution mean

(X), mode (Mo) and Median (M) are

related as follows :

(A) Mo > X > M

(B) Mo < X < M

(C) Mo = X = M

(D) X < Mo < M

46. Suppose it is calculated that the

intercept-a is 4 and the slope-b is

2 for a particular estimating line

with one independent variable. If

the independent variable has a value

of 2, what value should be expected

for the dependent variable ?

(A) 8

(B) 10

(C) –1

(D) 0

47. A Chi-square value can never be

negative because :

(A) Difference between expected

and observed frequencies are

squared.

(B) A negative value would mean

that the observed frequencies

were negative.

(C) The absolute value of the

differences is computed.

(D) It has symmetrical distribution.

45. lkekU; forj.kkps ek/; (X)] cgqyd (Mo)

vkf.k e/;xk (M) ;kaP;krhy laca/k [kkyhyiSdh

gksbZy-

(A) Mo > X > M

(B) Mo < X < M

(C) Mo = X = M

(D) X < Mo < M

46. letk] ,d Lora= py vlysY;k ,dk fof'k"V

izkDdyu js"kslkBh vkUrNsZn&a 4 vkf.k izo.krk

mrkj&b 2 vls dk<ys xsys vkgsr- Lora= pykps

ewY; 2 vlY;kl] voyafcr pykps visfkr

ewY; dk; vlsy \

(A) 8

(B) 10

(C) –1

(D) 0

47. dk; LDosvj ewY; d/khp Ω.k vlw 'kdr

ukgh] dkj.k %

(A) visfkr vkf.k fujhfkr okjaokfjrkae/khy

rQkorhpk oxZ ?ksryk tkrks-

(B) Ω.k ewY; vlY;kl] fujhfkr okjaokfjrkps

ewY; Ω.k gksrs vlk vFkZ gksbZy-

(C) rQkorh aph fujisk e wY;s dk<yh

tkrkr-

(D) R;kps forj.k lefer vlrs-

20

NOV - 11211/II

48. ykLik;~jsl funsZ'kkadkyk %

(A) p<rh vfHkurh vkgs

(B) mrjrh vfHkurh vkgs

(C) dks.krhp vfHkurh ukgh

(D) cnyrs Hkkjkad vkgsr

49. iq<hyiSdh dks.krk uequk pkp.khpk ykHk

ukgh \

(A) os okpfo.ks

(B) O;; okpfo.ks

(C) loZO;kid izkpykalkBh izek.kdkuqlkjh

ÿe r;kj dj.ks

(D) loZO;kid izkpykalkBh vankt dk<.ks

50. 10 o"kk±P;k ,dw.k dkyko/khlkBh 3&o"khZ;

ljdrh ljkljh dk<rkuk] fdrh o"kk±ph

vkdMsokjh okijrk ;sbZy \

(A) 10

(B) 9

(C) 8

(D) 7

48. Laspeyres Index has :

(A) upward bias

(B) downward bias

(C) no bias

(D) variations in weights

49. Which of the following is not the

advantage of sampling ?

(A) saving time

(B) saving cost

(C) creating a normative order for

population parameters

(D) having estimates for population

parameters

50. How many years of data one can use

for a 3 year moving average for a

total period of 10 years ?

(A) 10

(B) 9

(C) 8

(D) 7

21 [P.T.O.

NOV - 11211/II

ROUGH WORK

22

NOV - 11211/II

ROUGH WORK

23 [P.T.O.

NOV - 11211/II

Instructions for the Candidates1. Write your Seat Number in the space

provided on the top of this page. Writeyour Answer Sheet No. in the spaceprovided for Answer Sheet No. on thetop of this page.

2. Write and darken Test Booklet No. onOMR Answer Sheet.

3. This paper consists of Fifty (50)multiple choice type of questions.

4. Each item has four alternativeresponses marked (A), (B), (C) and (D).You have to darken the responses asindicated below on the correctresponse against each item.

Example : A B C D

Where (C) is the correct response.5. Your responses to the items for this

paper are to be indicated on theAnswer Sheet only. Responses like ( × )( 3 ) ( / ) and light shaded responseswill not be considered/evaluated.

6. Read instructions given insidecarefully.

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8. You should return the test booklet andanswer sheet both to the invigilatorat the end of the paper and should notcarry any paper with you outside theexamination hall.

9. Answers marked on the body of thequestion paper will not be evaluated.

ijhkkFkh±lkBh lwpuk1. ;k ikukojhy ojP;k dksiÚ;kr vkiyk vklu ÿekad

rlsp vki.kkl fnysY;k mŸkjif=dspk ÿekadR;k[kkyh fygkok-

2. iz'uif=dk ÿekad OMR mŸkjif=dsoj fnysY;kjdkU;kr fygwu R;kizek.ks dkˇk djkok-

3. ;k iz'uif=dsr iÈkkl cgqfuoM iz'u vkgsr-4. izR;sd iz'uklkBh (A), (B), (C) vkf.k (D) v'kh

pkj fodYi mŸkjs fnyh vkgsr- R;krhy ;ksX; mŸkjkpkjdkuk [kkyh n'kZfoY;kizek.ks Bˇdi.ks dkˇkdjkok-mnk- A B C D

tj (C) gs ;ksX; mŸkj vlsy rj-5. ;k iz'uif=dsrhy iz'ukaph mŸkjs mŸkjif=dse/;sp

|kohr- mŸkjkP;k jdkU;ke/;s ( × ) ( 3 ) ( / ) ovLi"Vi.ks dkˇs dsysys mŸkj xzk· /kjys tk.kkjukgh-

6. vkr fnysY;k lwpuk dkˇthiwoZd okpkO;kr-7. dPP;k dkeklkBh iz'uif=dsP;k 'ksoVh dksjs iku

tksMys vkgs-8. ;k isijph ijhkk laiY;kuarj iz'uif=dk o

mŸkjif=dk nksUgh i;Zoskdkauk ijr djkoh- ;krhydks.krkgh dkxn rqeP;k cjkscj ijhkk dsaÊkckgsjus.;kl lDr eukbZ vkgs-

9. iz'uif=dsoj n'kZfoysyh mŸkjs riklyh tk.kkjukghr-

Test Booklet No.

iz'uif=dk ÿ-Signature of Invigilators

1. .........................................

2. ......................................... Seat No.

Economics (In figures as in Admit Card)

Paper II Seat No. (In words) ............................

NOV - 11211 ..............................................................

Answer Sheet No. Time Allowed : 75 Minutes] [Maximum Marks : 100

Number of Pages in this Booklet : 24

F