JNU SSS 2013 question paper

All 100 questions from the JNU SSS 2013 JNU MA Economics entrance paper. Open any question for the worked solution.

Q1The function f(x) = log₁₀ x is continuous over the interval
Q2Satish is very conscious about the food he eats. He only eats rotis and dal; a cup of dal costs ₹ 2, while each roti costs a rupee; and Satish…
Q3Let X and Y be random variables with V[X] = 2, V[Y] = 4 and cov(X, Y) = 2. Let W = 2X + 3Y. The V[W] is
Q4Given the following data for an economy: | Item | Value | Gross domestic product at market prices | 20,000 | Gross domestic capital formation |…
Q5The incidence of sales tax falls
Q6When an economist refers to the long run, she is referring to
Q7Which of the following is indicative of an inverse relationship between X and Y?
Q8Which of the following is not correct regarding the estimated slope of the regression line?
Q9Among twenty-five articles, nine are defective, six have only minor defects and three have major defects. The probability that, if a selected…
Q10Which of the following is a complete group of people who could be in?
Q11If B is out, then who must be in?
Q12If E and G are in the club, then what other two people must also be in the club?
Q13If B and D are out of the club, then which of the following must be true?
Q14If seven people are in the club, then who could be out?
Q15Who could be the only person in the club?
Q16Which of the follwoing species were the last two to go extinct?
Q17Which of the following species could have been the fourth one to go extinct?
Q18Which is the smallest number of species that could have gone extinct before T?
Q19Which of the following must be true if X went extinct after T?
Q20How many possible orders are there for the species’ extinction pattern?
Q21If the constraints were changed and X were not required to become extinct before U, then which of the following is a possible order for the species’…
Q22Between 1750 and 1900, India’s share in world manufacturing output
Q23Between 1990–91 and 2000–01, the Tax/GDP ratio of the Central Government of India
Q24Which of the following is used to determine the value added in agriculture in India?
Q25Take India's GDP in 2009–10 at ₹ 50,00,000 crore. Indians working abroad remit to the country ₹ 150 crore and foreigners working in India remit ₹…
Q26National accounts of a country show the following: | Item | Value | Net factor income from abroad | 10 | Income from private domestic industries |…
Q27The real rate of interest is normally calculated by
Q28The equilibrium level of income is
Q29Answer Question Nos. 28–30 on the basis of the following information: Consider an economy in which the consumption function is given by C = 400 + 0·…
Q30The government expenditure multiplier is
Q31Market capitalization in the Bombay Stock Exchange (BSE) rose by 100 percent in a single year. This means that
Q32If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can create is
Q33Fuel and power have a weight of 15 percent in India’s official wholesale price index. If there is a 20 percent increase in the price index for the…
Q34The Bombay Stock Exchange Sensitive Index or Sensex is
Q35Which of the following indicators is not included in computing the human development indices calculated by the UNDP?
Q36An increase in the international reserves of an economy indicates that
Q37Stagflation describes a situation of
Q38For the countries in the European Union that share a common currency, the euro, which of the following is correct?
Q39In recent years, the bottom 20 percent of the world’s population are estimated to receive global income
Q40If an economy is a price taker in world markets for both export and import, the real exchange rate devaluation
Q41The ‘Gold Standard’ refers to an international currency regime under which
Q42Currently, State Governments receive approximately which of the following shares of the Central Government’s gross tax collection?
Q43Consider the following statements about a two-person simultaneous-move game in which each person has two pure strategies: (i) If the game has a…
Q44The intersection of three distinct planes in the three-dimensional space is
Q45The sampling distribution refers to
Q46Which of the following is a possible sequence of combinations for the student in the two successive weeks?
Q47If the student studies Philosophy, Biology and Economics in the first week, which of the following combinations must be studied in the third week?
Q48If the student studies Philosophy, Literature and Mathematics in the first week, which of the following combinations must be studied in the eleventh…
Q49The rate of interest is
Q50The fiscal deficit is
Q51Suppose interest is compounded half-yearly at the rate of 10% per annum. If the present value of an asset, which returns a fixed sum of ₹ X after…
Q52Which of the following statements must be incorrect to describe a set of properties for the probability distribution of a random variable X?
Q53Suppose two trials of a random experiment, in which a fair coin is tossed and a fair die is rolled simultaneously, are carried out under the same…
Q54What is the value of the investment multiplier in the economy?
Q55What is the equilibrium value of Y in the economy?
Q56Answer Question Nos. 54–57 on the basis of the following information: Suppose, in equilibrium, aggregate income (in units of money per year) in an…
Q57If instead of 750 units of money the government makes annual transfer payments equal to 10% of Y, then the equilibrium value of Y will
Q58Consider two economies (1 and 2) where in equilibrium, the level of aggregate income (Y) is the sum of aggregate investment expenditure (I) and…
Q59An indirect utility function
Q60The GDP of a country is growing at 5%, its population growth is 2% and its income elasticity for food is 0·5. We can expect food demand to grow at
Q61If A is sufficient for B to occur and C is necessary for B to occur
Q62Which of the following institutions in India is not a constitutional body?
Q63Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?
Q64According to Kaldor, differing endowments of natural resources
Q65Answer Question Nos. 64–66 on the basis of the following information: “While capital is the most important condition or prerequisite of high…
Q66Answer Question Nos. 64–66 on the basis of the following information: “While capital is the most important condition or prerequisite of high…
Q67On this basis, which of the following statements is correct?
Q68Answer Question Nos. 67 and 68 on the basis of the following information: According to the Constitution of India, “Where any law makes any provision…
Q69In 1990–91, the price index of agricultural commodities was 200 and that of manufactured products 150. In a year’s time both the indices increased…
Q70Populations of two species A and B at time 0 are equal. If the instantaneous rates of growth of populations of species A and B are u and u + 1…
Q71Suppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are
Q72If the quantity demanded of rice increases by 5% when the price of wheat increases by 20%, the cross-price elasticity of demand is
Q73Which of the following does monopolistic competition have in common with perfect competition?
Q74Which of the following does monopolistic competition have in common with monopoly?
Q75The market demand function for a commodity is given as D(p) = 1/p; where p is the price of the commodity. Which of the following statements about…
Q76Let a be strictly negative real number and let b be a strictly positive real number. Which of the following is true? [ Note that |x| stands for the…
Q77Let |x| stands for the absolute value of x. Then the function f(x) = |x| is
Q78If you integrate 1/x over the interval [1, y], where y > 1, you get
Q79For events A and B (i) the probability of event A is p (ii) the probability of event B is q (iii) the probability of event AB is r Which of the…
Q80Which of the following sets is empty?
Q81Let set A contains m elements and set B contains n elements. Then the number of distinct functions from set A to set B which can be constructed is
Q82In an election, half the electors voted for candidate A and two-thirds voted for candidate B. 10 electors voted for both A and B. 6 electors voted…
Q83A theorem states that ‘if P then Q ’. From empirical observations it is known that P is false. Therefore it can be inferred that
Q84Following are given: (i) All P are Q. (ii) No Q is R. From (i) and (ii) we can infer that
Q85Following are given: (i) Some P are Q. (ii) No R is Q. From (i) and (ii) we can infer that
Q86A country that has a trade deficit experiences a nominal exchange rate depreciation. As a result
Q87Economic activities cover
Q88In the WTO’s Agreement on Agriculture, ‘Blue Box’ subsidies refer to
Q89A monopoly producing a chip at a marginal cost of ₹ 6 per unit faces a demand elasticity of – 2·5. Which price should it charge to optimize its…
Q90X₁,..., X_N are independent and identically distributed random variables. Assume that Xᵢ is normally distributed with mean 1 and variance 1. Let…
Q91The value-added tax is
Q92The current investment rate in India is
Q93A village has 400 hectares of land of which 200 hectares is sown only once in a year, 75 hectares is sown with two crops a year, 50 hectares is sown…
Q94The Right to Education Act, 2009 covers all children
Q95Suppose Hubble Bubble’s output in 2012 was greater than its output in 2011. Which expert calculated a higher rate of growth for 2012?
Q96Answer Question Nos. 95–100 on the basis of the following information: There are two experts, X₁ and X₂, employed by the Planning Commission of…
Q97Answer Question Nos. 95–100 on the basis of the following information: There are two experts, X₁ and X₂, employed by the Planning Commission of…
Q98Suppose X₁ ’s calculations show that the rate of growth in 2012 was 5%. Which of the following numbers is the closest to X₂ ’s calculated value for…
Q99Answer Question Nos. 95–100 on the basis of the following information: There are two experts, X₁ and X₂, employed by the Planning Commission of…
Q100Suppose X₁ ’s calculations show that the rate of growth in 2012 was –5%. Which of the following numbers is the closest to X₂ ’s calculated value for…