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Questions › JNU › JNU SSS 2014

JNU SSS 2014 question paper

All 65 questions from the JNU SSS 2014 JNU MA Economics entrance paper. Open any question for the worked solution.

  1. Q1D (i.e., expenditure on GDP at current prices in 2012–13) is equal to
  2. Q2Growth rate during 2012–13 has been estimated to be
  3. Q3GDP deflator during 2012–13 has been estimated to be
  4. Q4As compared to 2010–11, the growth rate in 2012–13 has come down by
  5. Q5The current account deficit at current price as proportion of GDP during 2012–13 has been estimated to be
  6. Q6Investment rate (excluding valuables) at constant prices during 2012–13 has been estimated to be
  7. Q7Private consumption-GDP ratio at current prices during 2011–12 has been estimated to be
  8. Q8Answer Question Nos. 1–10 on the basis of the following information: Expenditure on Gross Domestic Product (in ₹ 100 billion) | At Current Prices |…
  9. Q9The inflation based on GDP deflator during 2012–13 has been estimated to be
  10. Q10“At current prices, the gross fixed capital formation of the public sector has increased by 23·5% from 6·4 lakh crore in 2011–12 to 7·9 lakh crore…
  11. Q11There is no unique level of output and employment to which the economic system tends, because
  12. Q12The ‘multiplier’ referred to here relates to
  13. Q13Expectations
  14. Q14Keynes treated the interest rate as
  15. Q15Liquidity preference
  16. Q16The Malthusian principle of growth of human population argues that
  17. Q17Suppose that the exchange rate of the Indian rupee appreciates by 10% and, over the same period, inflation in India be 8% and inflation in India’s…
  18. Q18Consider a country A whose citizens working abroad remit to the country in a particular year an amount in local currency units (LCUs) that is 250…
  19. Q19Which of the following is an example of pure public good?
  20. Q20The free rider problem is typically known as
  21. Q21‘Club goods’ are
  22. Q22If the quantity demanded of rice increases by 5% when the price of wheat increases by 20%, the cross-price elasticity of demand for rice would be
  23. Q23Suppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are
  24. Q24In the long run, existing firms exit a perfectly competitive market, when
  25. Q25Which of the following statements is correct?
  26. Q26When speaking of the ‘invisible hand’, Adam Smith was referring to
  27. Q27The purchasing power parity exchange rate is determined by
  28. Q28Over the financial year 2013–14, India’s foreign exchange reserves increased by more than $ 5 billion. This was because
  29. Q29Let us assume that the GDP of some country was ₹ 100 at current prices in 2012–13 and that was ₹ 90 in 2011–12; and that the GDP at constant 2004–05…
  30. Q30As the captain of Indian cricket team, if Sachin Tendulkar is assumed to have observed the rule of calling ‘head’ every time the toss was made…
  31. Q31Consider the inequality [(4/x) - 5] < 6. Which of the following statements is true?
  32. Q32Which of the following is true?
  33. Q33Assuming everybody’s testimony to be true, who is innocent and who is guilty?
  34. Q34Answer Question Nos. 32–34 on the basis of the following information: Three individuals, A, B and C, are suspected of income tax evasion. They…
  35. Q35An outward shift of the production possibility frontier may be caused by
  36. Q36Suppose C(t) = 0·6Y(t) + 0·3Y(t - 1) and I(t) = 1000 for all t. What is the only value of output which, once attained in this economy, will continue…
  37. Q37Suppose C(t) = 0·6Y(t) + 0·3Y(t - 1) and I(t) = 600 + 0·1Y(t) for all t and Y(0) = 40000. What is the rate of growth of output in the economy in…
  38. Q38Suppose C(t) = 0·6Y(t) + 0·3Y(t - 1) and I(t) = 2·4 [Y(t) - Y(t - 1)] for all t. What is the rate of growth of output in the economy?
  39. Q39Suppose T = 0 in economies A and B and the value of a is also the same in both economies. Suppose the value of G is higher in economy B than in…
  40. Q40Suppose the values of a and G are the same in both economies. Suppose the value of T is higher in economy B than in economy A. In which economy will…
  41. Q41Suppose the value of G - T is the same in both economies. Suppose that the value of a is higher in economy B than in economy A. In which economy…
  42. Q42What is the value of the slope of the IS curve for this economy?
  43. Q43If the rate of interest is fixed at 15%, what is the value of aggregate income at which the values of demand and supply for goods and services are…
  44. Q44Suppose the rate of interest falls from 15% to 6%. What is the change in the value of aggregate income at which demand and supply for goods and…
  45. Q45What is the profit-maximizing price for the firm in market A?
  46. Q46What is the profit-maximizing price for the firm in market B?
  47. Q47What is the profit-maximizing level of total output for the firm?
  48. Q48What is the maximum level of total profits which can be earned by the monopolist?
  49. Q49If f(x) = sin x², then what is the value of f′(-√π)?
  50. Q50A set of 16 real numbers each number is multiplied by a positive real number. After multiplication, the variance of the resulting set of numbers is…
  51. Q51Suppose two dice are rolled. What is the probability that the sum of the points on the two dice is 8, if it is known that the sum is an even number?
  52. Q52Suppose at the initial point in time x has a negative value. What happens to the value of x over time?
  53. Q53Answer Question Nos. 52–54 on the basis of the following information: The behaviour of a variable x over time is described by dx/dt = x² - x (where…
  54. Q54Suppose at the initial point in time x has a positive value greater than unity. What happens to the value of x over time?
  55. Q55What is the value of lim_(x → 0⁻) [ |x|/x ]?
  56. Q56Let f(x) = [x], where [x] denotes the greatest integer ≤ x. On which of the following intervals is f a continuous function?
  57. Q57In the world of Indian stock markets, participatory notes refer to
  58. Q58If the correlation coefficient between two random variables X and Y is given by r (-1 < r < 1) and the bivariate regression coefficient of Y on X is…
  59. Q59Suppose f(x) = x², a = 3 and b = 6. Which of the following can be taken as a value of c?
  60. Q60Suppose f(x) = x³, a = -1 and b = 2. How many value(s) of c is/are possible?
  61. Q61A is equal to
  62. Q62B is equal to
  63. Q63Answer Question Nos. 61–65 on the basis of the following information: | Union Budget of India at a glance (in ₹ crore) | 2014–15 | 1. Tax Revenue…
  64. Q64Answer Question Nos. 61–65 on the basis of the following information: | Union Budget of India at a glance (in ₹ crore) | 2014–15 | 1. Tax Revenue…
  65. Q65Answer Question Nos. 61–65 on the basis of the following information: | Union Budget of India at a glance (in ₹ crore) | 2014–15 | 1. Tax Revenue…