JNU SSS 2016 question paper

All 55 questions from the JNU SSS 2016 JNU MA Economics entrance paper. Open any question for the worked solution.

Q1What is the expectation of the number of heads in 25 tosses?
Q2What is the standard deviation of the number of tails in 25 tosses?
Q3What is the standard deviation of the proportion of heads in 25 tosses?
Q4If the unbiased coin was replaced with a coin biased towards the outcome head, the standard deviation of the number of tails in 25 tosses (compared…
Q5If the unbiased coin was replaced with a coin biased towards the outcome tail, the standard deviation of the number of tails in 25 tosses (compared…
Q6What is the rate of income tax paid by an individual with income 225?
Q7Answer Question Nos. 6–10 on the basis of the following: Suppose in an economy the amount of income tax (T) which has to be paid by an individual…
Q8The level of income for individuals who have to pay the maximum rate of income tax in this economy is
Q9The maximum rate of income tax which has to be paid by any individual in this economy is
Q10Over the income range 167 to 219, the income tax regime is
Q11Let a consumer's preference relation satisfy (i) local nonsatiation (ii) strict monotonicity Which of the following is true?
Q12Which of the following is not a component of the capital account of balance of payments?
Q13For what value of x is the following matrix invertible? [x 1 0; 0 2 1; 3 1 2]
Q14Under the Bretton Woods system
Q15According to the quantity theory of money, an increase in the money supply results in an increase in which of the following?
Q16Assume that there are only two countries, X and Y, that produce only two goods, A and B. The table below shows labour hours required in each country…
Q17If the Reserve Bank of India reduces the supply of Indian rupees on the foreign exchange market relative to the United States dollar, which of the…
Q18The function f(x) = x² is
Q19Suppose x is a positive real number. Let y be two-third of sixty percent of x and let z be forty percent of x. Which of the following statements is…
Q20In a simple Keynesian model of closed economy without taxes, if the marginal propensity to save is 0·3, an increase in government expenditure by ₹…
Q21Let log (x) represent the natural logarithm of x. Now let f(x) = a^x where a is a positive constant. Then the derivative of f(x) w.r.t. x is
Q22M1 measure of money supply is equal to
Q23In a frequency distribution, what percent of the total number of observations lies between the first and third quartiles?
Q24The power of a statistical test is
Q25Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
Q26If the incomes of some people in an economy grow faster than that of others, then
Q27According to Kaldor, chequing accounts
Q28The monetary authority can control the volume of borrowing
Q29If the central bank tries to control credit
Q30A typical indifference curve is negatively sloped in a two-commodity world because
Q31Let f(x) be differentiable for all x such that 0 < x < 1. Which of the following statements is true?
Q32In the IS-LM model, 'crowding out effect' will not happen if 1. money supply is fixed 2. money supply is adjustable 3. economy is saddled in the…
Q33Optimal consumption bundle of the consumer includes
Q34Given prices, as M increases optimal consumption of x
Q35Let P_y = 2, Pₓ = 1/4M Optimal consumption bundle includes
Q36If Pₓ = P_y, in the optimal consumption bundle
Q37Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q38Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q39Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q40Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q41Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q42Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q43Answer Question Nos. 37–40 on the basis of the following: Advance estimates of GDP for 2015–16 and 1st revised estimate of GDP for 2014–15 (₹ in…
Q44Real variables x and y satisfy the relation dy/dx = x³/y² and we know that the value of y³ is –9 when the value of x is 2. What is the value of x²…
Q45What is the definite integral of e^(ln (2x+1)) from 1 to 2?
Q46In a two-good world (say goods are x and y) where any amount of goods x, y can be consumed if an individual's preference ordering is lexicographic…
Q47In game theory, which one of the following statements is true?
Q48In a two-good world, if the goods are perfect substitutes, then the indifference curves are
Q49A rise in Tobin's q ratio is supposed to lead to a rise in
Q50The real balance of Pigou effect relates to the effect of a fall in the price level on
Q51Prove that the sum of the first n odd integers is n².
Q52In a perfectly competitive industry, the long-run demand curve is given by p = 1000 - q, the long-run average cost function for the representative…
Q56“It is true, that, when an individual saves he increases his own wealth. But the conclusion that he also increases aggregate wealth fails to allow…
Q58Other things remaining the same, what will be the effect of an increase in unilateral transfers from the rest of the world on a country's national…
Q60Answer any one of the following in not more than 500 words: (a) What have been the impacts of the Mahatma Gandhi National Rural Employment Guarantee…