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August 14th, 2014, 12:30 PM
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NET Exam Preparation Economics Books
Will you please provide the NET exam books for the Economics subject? University Grants Commission holding the NET in JUNE for determining the eligibility of Indian nationals for the Eligibility for Lectureship or JRF and Eligibility for Lectureship both in Indian universities and colleges. List of few books for UGC-NET: Economics Book name :Economics for UGC-NET / SLET and Other Competitive Examinations Publisher:Atlantic Author :K. R. Gupta Book name :UGC NET/SLET Economics Guide Paper II & III Publisher :Ramesh Publishing House Author:Sanjay Kumar For your idea , here i am giving attachment of Economics question paper 1. Consider a Cobb Douglas production function : q = AKLwhich is homogeneous function of degree 4. Of what degree of homogeneity are its marginal products functions (mpl and mpk) i.e. q L , q K ? (A) 4 (B) 3 (C) 2 (D) 1 2. Green Box subsidies under WTO are allowed because they are considered to be (A) Minimally trade distorting. (B) Higher among developed and relatively lower for developing countries. (C) They are confined to agriculture sector. (D) They are related to GATS provision. 3. Which of the following gives measures of price elasticity of demand ? (A) Qx Px Px Qx (B) Px Qx Px Qx (C) Qx Px Qx Px (D) Px Qx 4. The rate at which the Central Bank discounts the bills of commercial banks is called (A) Discount Rate (B) Bill Rate (C) Interest Rate (D) Lending Rate 5. If the economy is in the liquidity trap, then (A) Fiscal policy will be more effective (B) Monetary policy will be more effective (C) Crowding out effect will make fiscal and monetary policy effective (D) None of the above 6. If the price consumption curve of a commodity is bending backwards, then the commodity must be (A) An inferior commodity (B) A perfectly elastic commodity (C) Normal commodity (D) Giffen goods 7. IS curve represents : (A) Goods Market Equilibrium (B) Money Market Equilibrium (C) Bond Market Equilibrium (D) Labour Market Equilibrium 8. “Freedom as Development” book is written by (A) Keynes (B) Amartya Kumar Sen (C) Mrs. Joan Robinson (D) Gunnar Myrdal 9. The Chairman of 13th Finance Commission is (A) Dr. Vijay Kelkar (B) Dr. M. Govind Rao (C) Dr. C. Rangarajan (D) Dr. Atul Sarma 10. Human Development Index was formulated by (A) World Bank (B) International Monetary Fund (C) UNTAD (D) UNDP 11. In the Hekscher-Ohlin theory, the most important cause of the difference in relative commodity prices and trade between nations is a difference in (A) Factor endowments (B) Technology (C) Tastes (D) None of these 12. ‘Inclusive Growth’ objective is given in the plan document of (A) Ninth Five Year Plan (B) Tenth Five Year Plan (C) Eleventh Five Year Plan (D) Twelfth Five Year Plan 13. If X is distributed normally, then X2 follows : (A) t distribution (B) Chi-square distribution (C) F distribution (D) The Poisson distribution 14. Critical minimum effort theory is given by (A) Leibenstein (B) Rosenstein Rodan (C) Arther Lewis (D) Marx 15. Economic development process is concerned with (A) A rise in per capita income (B) A rise in percentage GDP (C) Changes in structure of economy (D) None of these 16. In a regression r2 is the ratio between (A) explained and total variation (B) explained and unexplained variation (C) unexplained and total variation (D) none of the above 17. The mean absolute deviation is minimised when calculated from (A) mean (B) mode (C) harmonic mean (D) median 18. Main objective of public distribution system is (A) Exports of food (B) Import of food (C) Food security (D) Quality of food 19. Securities and Exchange Board of India (SEBI) has to monitor (A) Companies coming for New Public issues (B) Regulation of stock exchanges in India (C) Regulation of insider trading and outsider trading (D) All the above functions 20. Which committee recommended tax on agriculture holding in India ? (A) Tandon Committee (B) Raj Committee (C) Kelkar Committee (D) Dantwala Committee Note : Consider the following statements and select the correct answer from the codes given below for Questions 21 to 30. (Assertion and Reason type Questions) : 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. 21. Assertion (A) : Consumption is high when saving is high. Reason (R) : Income is high when investment is high. 22. Assertion (A) : In Keynesian theory, investment level depends upon rate of interest. Reason (R) : Rate of interest is cost of production to the company. 23. Assertion (A) : Disguised unemployment is present in India. Reason (R) : Agricultural productivity at margin is close to zero. 24. Assertion (A) : Removal of poverty remains a central concern of planning in India Reason (R) : Development is not just about factories, dams and other infrastructure, it is basically about human beings. 25. Assertion (A) : Devaluation will lead to improvement in balance of trade. Reason (R) : Devaluation will lead to increase in price of exports. 26. Assertion (A) : Rate of interest decreases during depression. Reason (R) : People are pessimistic during depression. 27. Assertion (A) : Reserve Bank of India raises money supply through purchase of securities in the money market. Reason (R) : Increase in money supply may result in expansion of investment and employment. 28. Assertion (A) : Skewness measures regression. Reason (R) : Kurtosis measures flatness at the top of frequency curve. 29. Assertion (A) : Sex ratio is below 1000 in India. Reason (R) : Sex ratio is above 1000 in Kerala. 30. Assertion (A) : Demand curve is vertical when elasticity of demand is zero. Reason (R) : Marginal utility of a product is increasing. Note : Arrange the following in order in which they appeared. Use the code given below : 31. (i) An Enquiry in to the Nature and causes of Wealth of Nations. (ii) An Enquiry into the Nature and causes of Poverty of Nations. (iii) The General Theory of Employment, Interest and Money (iv) The Theory of Population. Codes : (A) (iv) (iii) (i) (ii) (B) (i) (iv) (iii) (ii) (C) (ii) (i) (iii) (iv) (D) (i) (iii) (iv) (ii) 32. (i) International Monetary Fund (ii) International Finance Corporation (iii) World Trade Organization (iv) General Agreement on Tariffs and Trade Codes : (A) (iv) (i) (iii) (ii) (B) (i) (ii) (iv) (iii) (C) (i) (iv) (ii) (iii) (D) (ii) (iii) (i) (iv) 33. (i) Imperialism (ii) Mercantalism (iii) Capitalism (iv) Feudalism Codes : (A) (ii) (iv) (iii) (i) (B) (iv) (iii) (ii) (i) (C) (iii) (iv) (ii) (i) (D) (iv) (ii) (i) (iii) 34. (i) Friedman’s Quantity Theory of Money (ii) Fisher’s Equation of Exchange (iii) Cambridge Equation of Exchange (iv) Don Patinkins Theory of Money Codes : (A) (ii) (iii) (iv) (i) (B) (i) (ii) (iii) (iv) (C) (ii) (iii) (i) (iv) (D) (iii) (iv) (ii) (i) 35. Governors of Reserve Bank of India (i) Dr. C. Rangarajan (ii) Dr. I.G. Patel (iii) Dr. D. Subba Rao (iv) Dr. Manmohan Singh Codes : (A) (iv) (ii) (iii) (i) (B) (ii) (iv) (i) (iii) (C) (iv) (i) (ii) (iii) (D) (ii) (i) (iv) (iii) 36. In terms of the size of the economy (i) China (ii) India (iii) USA (iv) Japan Codes : (A) (i) (iv) (iii) (ii) (B) (ii) (i) (iv) (iii) (C) (iii) (i) (iv) (ii) (D) (iv) (iii) (i) (ii) 37. (i) Secular Deterioration Hypothesis (ii) Theory of comparative costs (iii) Factor Endowment Theory (iv) Factor-Price Equalization theorem Codes : (A) (i) (ii) (iii) (iv) (B) (iv) (iii) (ii) (i) (C) (ii) (iv) (iii) (i) (D) (ii) (iii) (iv) (i) 38. (i) Raj Committee on Taxation of Agricultural Wealth and Income. (ii) Chellaiah’s Tax Reform Committee (iii) Taxation Enquiry Commission (iv) The Indirect Tax Enquiry Committee Codes : (A) (i) (ii) (iii) (iv) (B) (iii) (i) (iv) (ii) (C) (iii) (iv) (i) (ii) (D) (ii) (i) (iii) (iv) 39. (i) Human Poverty Index (ii) Human Development Index (iii) Physical Quality of Life Index (iv) Head Count Index (Calorie measure) Codes : (A) (i) (ii) (iii) (iv) (B) (ii) (i) (iii) (iv) (C) (iv) (iii) (ii) (i) (D) (i) (ii) (iv) (iii) 40. (i) Global Financial Crisis (ii) Globalisation (iii) Great Depression (iv) Gold Standard Mechanism Codes : (A) (iii) (iv) (i) (ii) (B) (i) (ii) (iv) (iii) (C) (iii) (iv) (ii) (i) (D) (iv) (iii) (ii) (i) Note : Question Nos. : 41 – 46 are of matching type. The candidates are required to match List – I against List – II and select the correct answer code. List – I List – II (a) Consumer’s Surplus (i) Supply decision (b) Utility theory (ii) Art of Advertising (c) Cost Analysis (iii) Progressive taxation 41. (d) Product differentiation (iv) Welfare economics Codes : (a) (b) (c) (d) (A) (iv) (iii) (i) (ii) (B) (iv) (iii) (ii) (i) (C) (iii) (iv) (ii) (i) (D) (iii) (iv) (i) (ii) List – I List – II (a) M1 (i) C + DD + OD + SD (b) M2 (ii) C + DD + OD (c) M3 (iii) C + DD + OD + TD + TD of post office 42. (d) M4 (iv) C + DD + OD + TD Codes : (a) (b) (c) (d) (A) (i) (ii) (iii) (iv) (B) (ii) (i) (iv) (iii) (C) (iii) (iv) (i) (ii) (D) (iv) (i) (ii) (iii) List – I List – II (a) Keynesian theory of distribution (i) W.S. Javons (b) Time preference theory of interest (ii) J.M. Keynes (c) Sun-Spot theory of trade cycle (iii) N. Kaldor 43. (d) Modern theory of income determination (iv) Bohm Bawerk Codes : (a) (b) (c) (d) (A) (ii) (i) (iv) (iii) (B) (ii) (iv) (i) (iii) (C) (iii) (iv) (i) (ii) (D) (iii) (i) (iv) (ii) List – I List – II (a) Fiscal Deficit (i) Revenue and interest receipts minus revenue expenditure (b) Revenue Deficit (ii) Revenue receipts and recovery of loans and other receipts minus total expenditure. (c) Budgetary Deficit (iii) Receipts minus disbursements in capital account 44. (d) Capital Deficit (iv) Total receipts minus total disbursements Codes : (a) (b) (c) (d) (A) (i) (ii) (iii) (iv) (B) (ii) (i) (iv) (iii) (C) (iii) (ii) (iv) (i) (D) (iv) (iii) (i) (ii) List – I List – II (a) Adam Smith (i) Availability Theory (b) David Ricardo (ii) Endowment Theory (c) Ohlin (iii) Absolute Advantage Theory 45. (d) I.B. Kravis (iv) Comparative Advantage Theory Codes : (a) (b) (c) (d) (A) (i) (ii) (iii) (iv) (B) (iii) (iv) (ii) (i) (C) (ii) (iv) (iii) (i) (D) (iv) (iii) (i) (ii) List – I List – II (a) Rejecting Ho when it is true (i) Simple random sampling (b) Population is homogeneous (ii) Type I error negatively (c) Mean is equal to degree of freedom (iii) Skewed distribution 46. (d) Mean > Mode (iv) X2 distribution Codes : (a) (b) (c) (d) (A) (ii) (iv) (iii) (i) (B) (ii) (i) (iv) (iii) (C) (ii) (iv) (i) (iii) (D) (iv) (i) (ii) (iii) Note : Read the passage given below and answer questions from 47 to 50 based on your understanding of the passage : The birth of Bretton Woods institutions in the 1940s was a direct response to the dismal experience of the 1920s and 1930s. Many of those surveying the wreckage of the global economic system in the dreary days of the Second World War among them, John Maynard Keynes, the dominant economic thinker of that time – came to a simple conclusion. The world’s economic system needed honest referees. It could not be left to the mercy of unilateral action by governments or to the unregulated workings of international markets. It needed unilateral institutions of economic governance to lay down some mutually agreed rules for all nations on the conduct of their affairs. Thus emerged the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), or the World Bank and, later, the General Agreement on Tariffs and Trade (GATT). 47. Dismal performance of world economy during 1920’s and 1930’s gave rise to (A) World Trade Organisation (B) United Nations (C) IMF (D) European Economic Union 48. Bretton Woods twins are (A) USA and UK (B) IMF and World Bank (C) ITO and WTO (D) GATT and UNESCO 49. The honest referee during the Bretten Woods negotiations was (A) Adam Smith (B) Amartya Kumar Sen (C) J.R. Hicks (D) J.M. Keynes 50. The outcome of Bretten Woods negotiations was (A) Replacement of Unilateral Institutions by Multilateral institutions. (B) Replacement of Multilateral Institutions by Unilateral Institutions. (C) Replacement of Flexible exchange rates by Fixed Exchange rates. (D) Replacement of International Trade Organisation by IBRD. Last edited by Neelurk; April 21st, 2020 at 11:48 AM. |
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