JNU SSS 2021 question paper

All 100 questions from the JNU SSS 2021 JNU MA Economics entrance paper. Open any question for the worked solution.

Q1The The Cost function of each firm in an industry in the long run is C = Q³ - 10 Q² + 35Q. The industry demand is D = 2500 - 200P. Firms are…
Q2Cobb -Douglas production function is Q = A L^(1/2)K^(1/2). When growth rates are 1 %, 2% and 3% respectively for technology, labour and capital…
Q3Saksham, an industrialist, has Rs. 30 as capital, 25 workers as labour, total factor productivity is constant at 0.4, output elasticity of labour is…
Q4When Cobb-Douglas production function Q(L,K) = 8 L⁰·³ K⁰·⁷ and L=100, K=100, Find the P^L.
Q5When Cobb-Douglas production function is Q= A L⁰·⁵K⁰·⁵ what will be total production when total factor productivity is 8, L=25, K=64.
Q6When Cobb-Douglas production function Q(L,K) = 8 L⁰·³ K⁰·⁷ and L=100, K=100, Find total cost of production.
Q7When consumption function is C= 5 + 0.6Y and investment function is I = 200 - 50r, find equation for IS curve.
Q8When consumption function is C= 15 + 0.5 Y_d and investment function is I = 150 - 10r, G = 20 =T, find equation for IS curve.
Q9When money demand function M_d = 0.5 Y - 50r money supply function Mₛ = 1000 Crore, Find LM curve equation.
Q10A farmer has 2.5 Acre of land on which he cultivates 4 times in a year 2020. What is Net Sown Area in this case?
Q11A farmer has 2.5 acre of land on which he cultivates kharif and Rabi crops. What will be cropping intensity?
Q12A farmer has 10.00 acres of land on which he crops paddy on 10.00 acres, wheat on 7 acres and lentils on 3 acres in a year. What will be cropping…
Q13Suppose you have two options either to go to club or to work to earn. In both cases time spent is 5 hours. You are willing to spend Rs. 125 for…
Q14The budget for movie is Rs. 300 out of which you have to spend Rs. 150 for ticket. You have other option to go to work to earn Rs. 200. Should you…
Q15The domestic demand function (D) of petrol in Uttar Pradesh is 1000 - 5P and Supply (S) function is 500 + 10P. The domestic demand (D) of petrol in…
Q16The domestic demand function (D) of petrol in India is 1000 - 5P and Supply (S) function is 500 + 10P. The domestic demand (D) of petrol in Iran is…
Q17Suppose India imports Lentils from USA at the price (P) of $ 20 per kg. The domestic demand (D) =1200 -10P and domestic supply (S) = 200 + 40P. What…
Q18When marginal rate of tax (MRT) is 2/3 and MPC_d is 8/10, find MPC.
Q19When MPC = 1/4, MRT (Marginal rate of tax) = 9/10 and change in the government expenditure (Δ G) =1, find the increase in tax?
Q20When MPC_d =1/4. Find the impact of the budget deficit of Rs. 2 on consumption.
Q21When MRT =2/3, change in the government expenditure (Δ G) =1, MPC = 1/6, find budget deficit.
Q22When MPC= 1/4, change in the government expenditure (Δ G) =1, find change in consumption
Q23When MPC_d =1/5, MPC = 1/4, find tax multiplier.
Q24When MPC _d =2/5, change in the government expenditure (Δ G) =1, change in the tax (Δ T) =1/10, find fiscal policy multiplier.
Q25When change in the government expenditure (Δ G) =2, change in the tax (Δ T) =2, what will be impact of fiscal policy on change of consumption (Δ C)?
Q26When marginal Rate of tax (MRT) is 1/5 and marginal propensity to consume out of disposable income (MPC_d) is 3/5, Find marginal Propensity to…
Q27When average tax rate (ATR) = 1/3, Marginal rate of tax (MRT)=1/5, what type of tax is it?
Q28When Lorenz function f(X) = X³·³, find Gini coefficient.
Q29When MC= 10 + 0.4X, MR=30 - 0.6X, damage borne by society is 10 in the case of externality, find the dead weight loss (DWL).
Q30When MC= 10 + 0.4X, MR=30 - 0.6X, damage borne by society is 10 in the case of externality, find the government revenue when she interferes the…
Q31When MC= 10 + 0.4X, MR=30 - 0.6X, damage borne by society is 10 in the case of externality, find the consumer loss when the government interferes…
Q32When MC= 10 + 0.4X, MR=30 - 0.6X, damage borne by society is 10, find the producer loss when the government interferes the externality.
Q33When IS=1500 - 50r, money supply = 500, price (p) =2, M_d /p = Y - 50r, find the interest rate.
Q34When LM = 1000 + 200r, C = 800 + 0.5 (Y-T), T=50, G=50, I = 100 - 5r, find interest rate.
Q35When IS= 1850 - 100r, LM= 1000 + 200r, find equilibrium income.
Q36When C=20 + 0.5Y, and change in investment (Δ I) = 400, find change in income (Δ y).
Q37What will be Keynesian multiplier when C= 10 + 0.8 Y and Import (M) = - 6 + 0.3Y
Q38Net Imports of Petroleum and Petroleum products (Million Tons) in the year 2019-20 (Provisional) were?
Q39Arrange the following principal exports group in ascending order (value in million dollars) in the year 2019-20.
Q40Arrange the following state, in ascending order of total fertility rate, in per cent, in the year 2018:
Q41Arrange the following state, in ascending order of life expectancy at birth (years 2014-18):
Q42Arrange the following Indian states, in ascending order of Gross Enrolment Ratio (per cent) in Higher Education (18-23 years age group) in the Year…
Q43Which of the following statement is not correct?
Q44Arrange the following Indian states, in descending order of Child Sex Ration (0-6 Years) in the Year 2011:
Q45Which of the following statement is not correct?
Q46Poverty Headcount Ratio (HCR) in the year 2011-12 was 21.9 for all India, what was the HCR for the year 2009-10?
Q47A large speculative demand for money is likely to exist when
Q48Disinflation is a situation when
Q49In a moderately symmetrical distribution, mean, median and mode are connected by
Q50The algebraic sum of deviation of a set of n values from their mean is
Q51If A, B and C, three sets of values of x, are given as A: 2,3,7,1,3 2,3; B: 7,5,9,12,5 ,3 ,8; and C: 4,4,11,7,2,3,4. Which of the followings is true?
Q52The variance of 15 observations is 4. If each observation is increased by 9, the variance of resulting observations is
Q53Mean deviation is minimum when taken from
Q54For a distribution, the coefficient of variation is 22% and the value of arithmetic average is 7. The value of standard deviation is
Q55We are given the following information, mean 3.28, mode 3 and standard deviation 1.34. The Karl Pearson’s Co-efficient of Skewness is
Q56From the given information: number of observation (n) = 16, correlation co-efficient (r) = 0.9544, the Probable Error (PE) is given by
Q57The Fisher's Price Index is the ................of Laspeyre’s and Paasche’s price index numbers.
Q58If $ P is invested for T year at an interest rate of r with continuous compounding takes on the value A
Q59A linear regression model is
Q60In the regression equation Yᵢ = β₁ + β₂ Xᵢ + uᵢ the mean value of uᵢ conditional upon the given Xᵢ is
Q61Homoscedasticity refers to the error term having
Q62What is the number of degrees of freedom for a simple bivariate linear regression with ‘n’ observations?
Q63Accepting a false null hypothesis results in the type of error is
Q64For null hypothesis (H₀): β₂ =0 and alternative hypothesis (H₁): β₂ ≠ 0
Q65When comparing r² of two regression models, the model should have same
Q66Multiple co-efficient of determination (R²) measures the
Q67If a quantitative variable has ‘m’ categories, we can introduce
Q68If e> 1, the total revenue curve has a .............slope.
Q69Kinked isoquant reflects
Q70What is the relationship between average propensity to consume (APC) and marginal propensity to consume (MPS)?
Q71Which hypothesis states that people gear their consumption behaviour to their long term consumption opportunities and not their current level of…
Q72A collection of sets F is called an algebra if it holds the following: I. ∅ ∈ F II. F is closed under complementation III. F is closed under finite…
Q73A σ –algebra F of subsets of X is a collection F of subsets of X hold the following conditions: I. ∅ ∈ F II. if B ∈ F then its complement B^c is…
Q74Integration of the following: ∫ x/((x-1)(x-2)) dx:
Q75What is not true about the systematic review (SR)?
Q76While accessing and using the internet stuff, which of these steps is the most essential?
Q77Which of the following statements about plagiarism is most important and appropriate?
Q78The p-value and significance in research papers is sufficient to assess the relation between two variables?
Q79What is important to include a list of references like works cited bibliography, references at the end of the article and report.
Q80Which command allows researcher to set the required journal format in LaTeX?
Q81Zotero is a tool for
Q82What do you consider before submission of your article to a journal for publication?
Q83What do you think about the research objective should define the variables?
Q84Given testing for H₀: μ₁ = μ₂, the values of the statistic (|x̄-ȳ|)/((σ√(1/n₁+1/n₂))) lies between 1.96 and 2.58 then what decision you make about H₀
Q85What is the degree of freedom for given test statistic (|x̄-ȳ|)/((σ√(1/n₁+1/n₂))) to test the H₀ for means.
Q86Given testing for H₀: μ₁ = μ₂, and test statistic (|x̄-ȳ|)/((σ√(1/n₁+1/n₂))). which nonparametric test will be applied for this case if data is not…
Q87The lines of regression intersect at point
Q88During the regression analysis, researcher found that one regression coefficient of the two-regression line is greater than 1, the other will be
Q89Given below are two statements for time series I. The component of time series attached to long term variation is secular trend II. The component of…
Q90Match the following lists and select the correct answer from codes below: List - I: (A) Crosstabulation, (B) Unit root test, (C) F test, (D) Granger…
Q91Match the following lists and select the correct answer from codes below: List - I: (A) Crosstabulation, (B) Unit root test, (C) F test, (D) Granger…
Q92To the right of IS (Goods Market Equilibrium) and left of LM (Money Market Equilibrium) there is
Q93If the aggregate currency with the public reduces and total demand deposits increase by exactly the same amount, the aggregate money supply in the…
Q94In a world with only three countries (A, B and C), if countries A and B have trade surpluses, then which of the following can be said (assume…
Q95Which one of the following statements is necessarily true?
Q96In a closed economy with unutilized capacity, if the investment rate remains unchanged and savings amount to 20 percent of GDP, an increase in the…
Q97A consumer's preference over commodities 1 and 2 can be represented by the utility function U (x1, x 2) ~ x 1 + x 2. Suppose the price of commodity…
Q98The standard deviation calculated from two values X₁ and X₂ of a variable X is equal to
Q99A frequency distribution gives the following results: (i) coefficient of variation = 5, (ii) variance= 4, (iii) skewness = 0.5, what are the mean…
Q100What is not true about correlation coefficient?