GATE 2026 question paper

All 39 questions from the GATE 2026 GATE Economics (XH-C1) paper. Open any question for the worked solution.

Take GATE 2026 as a timed mock →

1. Q27A is an (n × n) matrix. Consider the following two statements Statement 1: Columns of matrix A are linearly independent Statement 2: Inverse of…
2. Q28Madhu's utility function is given by U=max (2C,3F), where C represents the amount of cloth and F represents the amount of food. Her preferences DO…
3. Q29High powered money belongs to the
4. Q30Match Column I with Column II | Column I | Column II | P. Amrit Bharat Station Scheme | 1. To automate train protection system | Q. Bharatmala…
5. Q31Two players use the following procedure to divide a perfectly homogeneous and continuously divisible cake. First, Player 1 divides the cake into two…
6. Q32Which one of the following statements regarding externality is TRUE?
7. Q33According to the theory of Keynesian Liquidity Preference, demand for money
8. Q34Unanticipated inflation rate, percentage change of output from full employment level, and the Okun's law yield (i) and it represents (ii) side of…
9. Q35In an economy, which one of the following relates private investment to the stock market?
10. Q36Suppose, a random variable X follows a Normal distribution with mean μ, and variance σ². The variance of the distribution is unknown. For testing…
11. Q37The Factorization theorem of Neyman is used to identify
12. Q38Match Column I with Column II | Column I | Column II | P. Rostow | 1. Expanding variety model | Q. Schumpeter | 2. Rural-urban migration | R.…
13. Q39Goods that come under the purview of "tragedy of commons" are (i) and (ii). Which one of the following combinations of (i) and (ii) makes the above…
14. Q40Consider a two-variable (x,y) linear regression model given in Equations (1) and (2) below. The error term, uₜ, of Equation (1) is serially…
15. Q41Suppose, a random variable X follows a Poisson distribution with parameter λ=25. The coefficient of variation of the distribution is (rounded off to…
16. Q42You and three of your friends go to a restaurant for dinner. All four of you agree to divide the total bill equally amongst yourselves. One of your…
17. Q43The inverse demand function for the first book on \"Economics of Digital Public Infrastructure in India\" is given by p=200-0.002Q; where, p is the…
18. Q44When the currency-deposit ratio is 0, and the reserve-deposit ratio is 0.5, then the value of the money multiplier is (in integer)
19. Q45Two companies, Company 1 and Company 2, are playing a simultaneous-move game. They are selling competing devices, whose quantity demanded are given…
20. Q46Match Column I with Column II | Column I | Column II | P. e-Nam | 1. Working capital loan | Q. PM Micro Food Processing Scheme | 2. A seed capital…
21. Q47Suppose that X₁,X₂,X₃ and X₄ are independent random variables with common distribution N(4,12). Observations x₁=6,x₂=3,x₃=1, and x₄=10 correspond to…
22. Q48Which one of the following combinations of simultaneous policy actions is NOT possible?
23. Q49Match Column I with Column II | Column I | Column II | P. Infant Industrialization | 1. When a firm charges lower prices in the export market than…
24. Q50Consider a Solow growth model with the production function Yₜ=Kₜ^α Nₜ^(1-α); 0<α<1; where, Yₜ is aggregate output at time t; Kₜ is aggregate capital…
25. Q51Consider the following IS-LM model where, C₀ is autonomous consumption, c is marginal propensity to consumption, T₀ is the autonomous tax, t is the…
26. Q52The estimated energy demand is given in the Equation below, where, ŷₜ is the estimated value of the log of energy demand at time t. The numbers in…
27. Q53In terms of the general relations among total cost, average cost and marginal cost, which of the following statements is/are FALSE?
28. Q54Which of the following statements concerning Millennium Development Goals (MDGs) and Sustainable Development Goals (SDGs) is/are CORRECT?
29. Q55Nominal exchange rate is defined as the amount of domestic currency that can fetch one unit of foreign currency. Suppose that there is a fall in…
30. Q56Which of the following statements is/are INCORRECT?
31. Q57Which of the following statements is/are CORRECT?
32. Q58In the town of Belapur, 5000 used cars are available for sale. The cars vary in quality and only the car owners know the true worth of their car.…
33. Q59Suppose that Ritwick owns two plants, Plant X and Plant Y. Both plants produce the same industrial good. The marginal cost to produce at Plant X is…
34. Q60Consider the function G(x,y,z)=0. This function allows us to implicitly define each of three variables as a function of the other two variables.…
35. Q61The market for torch is perfectly competitive. The market demand function for torch is given by X^d=min (400-p,0), p≥0, where p is the price of a…
36. Q62An individual lives for two periods, Period 1 and Period 2. In Period 1, her income is 210, and in Period 2, her income is 0. She saves in Period 1…
37. Q63The money demand function is M/P=800+0.3Y-2000i; where, M is nominal money supply, P is the aggregate price level, Y is the real GDP, and i is the…
38. Q64Consider the estimated regression Equation below, where, ŷₜ is the estimated value of the log (to the base e) of real GDP at time t. The numbers in…
39. Q65Table 1 and Table 2 represent a 3-player game. The payoff (a, b, c), in each cell, represents Player 1, Player 2, and Player 3's payoffs…