UoH 2016 question paper

All 100 questions from the UoH 2016 University of Hyderabad MA Economics entrance paper. Open any question for the worked solution.

1. Q1The name of Francois Quesnay is associated with
2. Q2In conventional economic approach, the demand for labour is characterized as:
3. Q3Contributions of six industrial sectors, viz., Agriculture, Forestry & Logging, Fishing, Mining & Quarrying, Manufacturing and Construction to the…
4. Q4In the monopolistic competitive model of Chamberlin, which of the following features is not a part of it.
5. Q5The supply curve of the firm under perfect competition is
6. Q6During the high growth phase of Indian economy during 2003-08, where economy grew at 8.5 percent on average, which of the following is true?
7. Q7The name of current Vice-Chairman of Niti Ayog is
8. Q8According to the Fiscal Responsibility and Budget Management Act 2003, the fiscal deficit target to be achieved in India is
9. Q9Amartya Sen received the Nobel Prize in Economics in 1998 for which of the following areas?
10. Q10In India, out of total foreign capital inflows, the foreign direct investment of long term nature formed only
11. Q11When expectations of investors are very low under conditions of depression, expansionary monetary policy fail to stimulate the demand. John Maynard…
12. Q12A cross section empirical investigation for several advanced economies suggested that there is a non-linear inverted U-shaped relationship between…
13. Q13Which of the following countries in the past quarter century has come to be known as 'factory of the world'?
14. Q14An orthodox solution to improve the balance of payments position of a country is to follow a currency devaluation. However, a success of this…
15. Q15In the recent times, the instrument which is prominently used by the Reserve Bank of India to control inflation is
16. Q16Which of the following agencies contributes largest share to agricultural credit in India currently?
17. Q17If the price of good A doubles and the price of B triples, the budget line become
18. Q18Pencils and pens: Example of
19. Q19The production function f(X₁, X₂) = 4X₁^(1/2) X₂^(1/3) exhibits
20. Q20Imposing a quantity tax on a monopolist will always cause the market price to increase
21. Q21Academic journals are sold at different prices to libraries and individuals. This is an example of
22. Q22A Weak Natural Monopoly is defined as one whose:
23. Q23Cigarette smoking is an example of
24. Q24If the inverse of matrix N is M, then,
25. Q25The determinant value of the following matrix is: [3 2 4; 5 4 8; 7 3 6]
26. Q26The cost that a firm incurs in purchasing or hiring any factor of production is referred to as
27. Q27If both income and substitution effects are strong, the demand for the product must be
28. Q28There are 100 firms with identical cost functions in a perfectly competitive industry. The demand function for the industry is estimated to be Q_d =…
29. Q29A monopolistically competitive firm has the following cost and revenue functions: TC = 3,000 + 30Q - 20Q² + Q³ TR = 30Q - 2Q² If the firm is…
30. Q30Which indicator is excluded in the computation of HDI?
31. Q31Lorentz curve is a measure of
32. Q32When was the Pradhan Mantri Jan Dhan Yojna (PMJDY) launched in India?
33. Q33Identify which of the following banks is not a part of banking system in India
34. Q34What is the proposed allocation for Rural Sector in the Union Budget 2016-17?
35. Q35How much percentage of GDP is targeted as Fiscal Deficit in BE 2016-17?
36. Q36A bag contains 2 red, 3 green and 2 blue balls. Two balls are drawn at random. What is the probability that none of the balls drawn are blue?
37. Q37The simple probability of occurrence of an event is called the
38. Q38Kurtosis and Skewness of a frequency distribution
39. Q39Consumer Price Index (CPI) falls in the category of
40. Q40If there is a strong curvilinear relationship between two quantitative variables, Pearson's correlation coefficient will
41. Q41Confidence intervals are preferred to significance tests because they
42. Q42According to Keynesians, the primary reason money is not neutral is
43. Q43One possible explanation for involuntary unemployment is
44. Q44Which one is NOT TRUE about bonds?
45. Q45The magnitude of value of a commodity is determined by
46. Q46Division of Labour in Adam Smith's analysis implies
47. Q47Which of the following names is associated with theory of Entrepreneurship?
48. Q48A commodity for Marx represents which two kinds of values?
49. Q49Normal profits of a firm under perfectly competitive market structure are
50. Q50The Mahatma Gandhi National Rural Employment Guarantee Act 2005, provides for 100 days of unskilled employment to _ per year.
51. Q51In which forms of following employment practices, disguised employment is likely to exist?
52. Q52In comparison to the quasi-competitive solution which of the following statements is true?
53. Q53Which of the following is not an assumption of the theory of revealed preference?
54. Q54The best or optimum level of output for a perfectly competitive firm is given by the point where
55. Q55Which among the following is used to test the significance of correlation coefficient?
56. Q56Who is the first president of the New Development Bank BRICS?
57. Q57If the nominal interest rate is 6% and the expected rate of inflation is 5% this year, the real interest rate is:
58. Q58Who among the following did not estimate the incidence of poverty in India?
59. Q59Which one of the following areas is related to blue revolution in the agriculture sector?
60. Q60Which one of the following matches with free trade?
61. Q61If the slope of offer curves is constant, the terms of trade will -
62. Q62Which one of the following does not affect credit creation power of commercial banks?
63. Q63If the Budget of the Government does not get passed by 31st March how is the Government expenditure undertaken?
64. Q64Which one of the following is not true for the Repo operations?
65. Q65If Nominal GDP is equal to real GDP, then
66. Q66Monopolistic competition in comparison to perfect competition ensures -
67. Q67In the Cobb-Douglas production function the elasticity of substitution between factors is
68. Q68Which law states that, with given taste and preferences, the proportion of income spent on food stuff diminishes as income increases?
69. Q69According to Ragner Nurkse in the contest of an underdeveloped economy, the inducement to invest is limited by -
70. Q70What is the theory that opening a country to world markets gives an opportunity to utilize unemployed and underemployed resources known as?
71. Q71Which one of the following best characterizes the Bretton Woods System of exchange rates?
72. Q72Coase theorem is concerned with
73. Q73In which country VAT was introduced first time in the world?
74. Q74Who conducts the public debt operations of the Government of India?
75. Q75The best display for showing the relationship between two categorical variables is:
76. Q76The production possibility curve under increasing opportunity cost is
77. Q77Who among the following developed the Wage-Goods model?
78. Q78Which of the following is meant by growth in the context of growth and development?
79. Q79What is the ratio between the price of a country's export goods and price of its import goods known as?
80. Q80Which one of the following is correct for a normal distribution?
81. Q81Coefficient of correlation is independent of which of the following?
82. Q82Which one of the following indices satisfies both time reversal and factor reversal tests?
83. Q83Which among the following treaties provided for a common currency for the member countries of European Community?
84. Q84With which of the following lies the basic regulatory authority for mutual funds and stock markets?
85. Q85In which of the following fields was the first cooperative movement in India initiated?
86. Q86A household can buy X₁ and X₂ only. P₂ = 1. In situation A and B behave as follows: | Situation | Income | P₁ | X₁ purchased | A | 40 | 1 | 20 | B |…
87. Q87An excise tax levied on each unit of X good consumed
88. Q88Farmers are worse off when there is a good harvest as
89. Q89Substitution effect of a change in price is always negative for
90. Q90A firm is employing 100 units of labour and 50 units of capital to 200 units of a good. Labour costs Rs. 10 per unit and capital Rs. 5 per unit. For…
91. Q91Under competitive conditions a firm in the long run makes
92. Q92An individual is spending all his income on two goods X and Y. If a Rs. 2 increase in price of X, constancy in the price of Y leading to a no change…
93. Q93A monopoly firm faces a linear demand function P = 10 - 0.5Q. Its marginal costs is constant at Rs. 4. What is the welfare loss on account of…
94. Q94In comparing an excise subsidy and a cash grant of the same amount, the recipient will
95. Q95Fiscal deficit stands for
96. Q96Modern Input-Output analysis is due to which economist?
97. Q97According to Economic Survey 2016-17, Indian Economy is expected to grow:
98. Q98The current account deficit, according to the Economic Survey 2016-17, during 2016-17 fiscal is expected around
99. Q99Given the characteristics of 'non-excludability' and 'non-rivalry', “law and order” is an example of
100. Q100Poverty line means: