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 Page 2


Paper-II 2  J-01-12 
 
 
 
 
 
 
Q. Nos. 1 – 10 : Read the following 
questions and find correct answer from the 
choices given below these questions. 
 
1. Marginal Revenue of a Monopoly firm 
is less than the price. Because : 
 (A) Demand curve has a positive 
slope. 
 (B) Demand curve has a negative 
slope. 
 (C) Monopolist incurs losses. 
 (D) Monopolist is in equilibrium. 
 
2. For an inferior goods, income 
consumption curve and Engles curves 
are 
 (A) Positively sloped  
 (B) Negatively sloped  
 (C) Are the same 
 (D) Income consumption curve 
positively sloped and the Engles 
curve is negatively sloped 
 
3. The classical economists focussed on 
the role of money as 
 (A) medium of exchange 
 (B) medium of distribution 
 (C) wealth 
 (D) link between present and future 
 
4. If the demand for money is perfectly 
interest inelastic, the LM schedule will 
be 
 (A) Upward sloping 
 (B) Downward sloping 
 (C) Horizontal line 
 (D) Vertical line 
 
5. Harrod-Domar model of economic 
growth is based on the equilibrium 
between 
 (A) Income generation and 
productive capacity creation 
 (B) Equilibrium between income and 
consumption 
 (C) Equilibrium between savings and 
investment 
 (D) None of the above 
 
 
 
 
 
 
 
6. In calculating the buoyancy of a tax, 
we consider  
 (A) Only discretionary changes 
 (B) Only automatic changes 
 (C) Both (A) and (B) 
 (D) Neither (A) nor (B) 
 
7. Which of the following measures of 
the central tendency suits the data best 
if the objective is to assess the 
distribution of values ? 
 (A) Arithmetic mean 
 (B) Mode 
 (C) Median 
 (D) Kurtosis 
 
8. Comparative cost advantage in 
Ricardo’s international trade theory 
arises due to 
 (A) Labour cost differences 
 (B) Differences in factor endowment 
 (C) Factor abundance defined in 
terms of factor prices 
 (D) All of the above  
 
9. In India, in 2004-05 the number of 
poor persons below poverty line was 
the highest in the State of 
 (A) Bihar 
 (B) Uttar Pradesh 
 (C) Madhya Pradesh 
 (D) Rajasthan 
 
10. Which of the following is not a 
component of Bharat Nirman ? 
 (A) Rural housing 
 (B) Rural electrification 
 (C) Agro-based industries 
 (D) Rural telephony 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 
Page 3


Paper-II 2  J-01-12 
 
 
 
 
 
 
Q. Nos. 1 – 10 : Read the following 
questions and find correct answer from the 
choices given below these questions. 
 
1. Marginal Revenue of a Monopoly firm 
is less than the price. Because : 
 (A) Demand curve has a positive 
slope. 
 (B) Demand curve has a negative 
slope. 
 (C) Monopolist incurs losses. 
 (D) Monopolist is in equilibrium. 
 
2. For an inferior goods, income 
consumption curve and Engles curves 
are 
 (A) Positively sloped  
 (B) Negatively sloped  
 (C) Are the same 
 (D) Income consumption curve 
positively sloped and the Engles 
curve is negatively sloped 
 
3. The classical economists focussed on 
the role of money as 
 (A) medium of exchange 
 (B) medium of distribution 
 (C) wealth 
 (D) link between present and future 
 
4. If the demand for money is perfectly 
interest inelastic, the LM schedule will 
be 
 (A) Upward sloping 
 (B) Downward sloping 
 (C) Horizontal line 
 (D) Vertical line 
 
5. Harrod-Domar model of economic 
growth is based on the equilibrium 
between 
 (A) Income generation and 
productive capacity creation 
 (B) Equilibrium between income and 
consumption 
 (C) Equilibrium between savings and 
investment 
 (D) None of the above 
 
 
 
 
 
 
 
6. In calculating the buoyancy of a tax, 
we consider  
 (A) Only discretionary changes 
 (B) Only automatic changes 
 (C) Both (A) and (B) 
 (D) Neither (A) nor (B) 
 
7. Which of the following measures of 
the central tendency suits the data best 
if the objective is to assess the 
distribution of values ? 
 (A) Arithmetic mean 
 (B) Mode 
 (C) Median 
 (D) Kurtosis 
 
8. Comparative cost advantage in 
Ricardo’s international trade theory 
arises due to 
 (A) Labour cost differences 
 (B) Differences in factor endowment 
 (C) Factor abundance defined in 
terms of factor prices 
 (D) All of the above  
 
9. In India, in 2004-05 the number of 
poor persons below poverty line was 
the highest in the State of 
 (A) Bihar 
 (B) Uttar Pradesh 
 (C) Madhya Pradesh 
 (D) Rajasthan 
 
10. Which of the following is not a 
component of Bharat Nirman ? 
 (A) Rural housing 
 (B) Rural electrification 
 (C) Agro-based industries 
 (D) Rural telephony 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 
 
 J-01-12 3  Paper-II 
 
 
 
 
 
  
 
 
×®Ö´®ÖÖÓ×ÛúŸÖ 1 ÃÖê 10 ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌüµÖê †Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ 
ÝÖ‹  ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü “Öã×®ÖµÖê : 
1. ‹ÛúÖ׬ÖÛúÖ׸üÛú ±ú´ÖÔ Ûúß ÃÖß´ÖÖ®ŸÖ †ÖµÖ Ûúß´ÖŸÖ ÃÖê 
Ûú´Ö ÆüÖêŸÖß Æîü … ŒµÖÖë×Ûú 
 (A) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ÃÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (B) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ®ÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (C) ‹ÛúÖ׬ÖÛúÖ¸üß ÛúÖê ÆüÖ×®Ö ÆüÖêŸÖß Æîü … 
 (D) ‹ÛúÖ׬ÖÛúÖ¸üß ÃÖÓŸÖã»Ö®Ö ´Öë Æîü … 
 
2. ‹Ûú ‘Ö×™üµÖÖ ¾ÖßÖã Ûêú ×»Ö‹ †ÖµÖ-ˆ¯ÖµÖÖêÝÖ ¾ÖÛÎú ‹¾ÖÓ 
‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ‹Ñ ÆüÖêŸÖß Æïü  
 (A) ÃÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (B) ®ÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (C) ¤üÖê®ÖÖë ÃÖ´ÖÖ®Ö Æïü … 
 (D) †ÖµÖ ˆ¯Ö³ÖÖêÝÖ ¾ÖÛÎú ¸êüÜÖÖ ÃÖÛúÖ¸üÖŸ´ÖÛú œüüü»ÖÖ®Ö 
×»Ö‹ †Öî¸ü ‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ ®ÖÛúÖ¸üÖŸ´ÖÛú 
œü»ÖÖ®Ö ×»Ö‹ ¸üÆüŸÖß Æïü … 
 
3. ¯Ö¸ü´¯Ö¸üÖ¾ÖÖ¤üß †£ÖÔ-¿ÖÖ×áֵÖÖë ®Öê ´Öã¦üÖ Ûúß ×®Ö´®Ö 
³Öæ×´ÖÛúÖ ¯Ö¸ü ÛëúצüŸÖ ×ÛúµÖÖ : 
 (A) ×¾Ö×®Ö´ÖµÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (B) ×¾ÖŸÖ¸üÞÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (C) ¬Ö®Ö-ÃÖ´¯Ö×¢Ö 
 (D) ¾ÖŸÖÔ´ÖÖ®Ö ‹¾ÖÓ ³Ö×¾Ö嵅 Ûêú ²Öß“Ö Ûúß Ûú›Ìüß 
 
4. µÖפü ´Öã¦üÖ Ûúß ´ÖÖÑÝÖ ¯ÖæÞÖÔŸÖµÖÖ ²µÖÖ•Ö »ÖÖê“Ö ×®Ö¸ü¯ÖêõÖ Æîü 
ŸÖÖê ŸÖ¸ü»ÖŸÖÖ - ´Öã¦üÖ (‹»Ö ‹´Ö) ¾ÖÛÎú - 
 (A) ‰ú¯Ö¸ü Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (B) ®Öß“Öê Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (C) ÃÖ´ÖßָüßµÖ ¸êüÜÖÖ ÆüÖêÝÖß … 
 (D) ÜÖ›Ìüß ¸êüÜÖÖ ÆüÖêÝÖß … 
 
5. Æîü¸ü›ü - ›üÖê´Ö¸ü ÛúÖ †ÖÙ£ÖÛú ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö ×®Ö´®Ö Ûêú 
ÃÖ®ŸÖã»Ö®Ö ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ Æîü : 
 (A) †ÖµÖ ÃÖé•Ö®Ö †Öî¸ü ˆŸ¯ÖÖ¤ü®Ö õÖ´ÖŸÖÖ ×®Ö´ÖÖÔÞÖ … 
 (B) †ÖµÖ †Öî¸ü ˆ¯Ö³ÖÖêÝÖ ÃÖ®ŸÖã»Ö®Ö … 
 (C) ×®Ö¾Öê¿Ö ‹¾ÖÓ ²Ö“ÖŸÖ ÃÖ®ŸÖã»Ö®Ö … 
 (D) ˆ¯Ö¸üÖêŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
 
 
 
 
  
6. ×ÛúÃÖß Ûú¸ü Ûúß ˆŸ¯»ÖÖ×¾ÖŸÖÖ ÛúÖ ÝÖÞÖ®Ö Ûú¸ü®Öê ÆêüŸÖã Æü´Ö 
×¾Ö“ÖÖ¸ü Ûú¸üŸÖê Æïü  
 (A) Ûêú¾Ö»Ö ×¾Ö¾ÖêÛúÖ¬Öß®Ö ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (B) Ûêú¾Ö»Ö þÖ: ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (C) (A) †Öî¸ü (B) ¤üÖê®ÖÖë ¯Ö¸ü 
 (D) ®Ö ŸÖÖê (A) †Öî¸ü ®Ö (B) ¯Ö¸ü  
 
7. ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûëú¦üßµÖ ¯ÖϾÖé×¢Ö ´ÖÖ¯ÖÖë ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ 
´ÖÖ¯Ö ‹êÃÖß ÜÖÖê•Ö-ÃÖÖ´ÖÝÖÏß Ûêú ×»Ö‹ ÁÖêšüŸÖ´Ö ÆüÖêÝÖÖ 
וÖÃÖ´Öë “Ö¸üÖë Ûêú ´Ö滵ÖÖë ÛúÖ †ÖÛú»Ö®Ö Ûú¸ü®ÖÖ ÆüÖê ? 
 (A) ÝÖ×ÞÖŸÖßµÖ - ´ÖÖ¬µÖ 
 (B) ²ÖÆãü»ÖÛú 
 (C) ´Ö¬µÖ´ÖÖ 
 (D) Ûãú™üÖì×ÃÖÃÖ 
 
8. ׸üÛúÖ›üÖì Ûêú †®ŸÖ¸üÖÔ™ÒüßµÖ ¾µÖÖ¯ÖÖ¸ü ×ÃÖ¨üÖ®ŸÖ ´Öë 
ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ-»ÖÖ³Ö ‡ÃÖ ÛúÖ¸üÞÖ ÃÖê ÆüÖêŸÖÖ Æîü - 
 (A) ´Ö•Ö̤æü¸üß »ÖÖÝÖŸÖ ´Öë †®ŸÖ¸ü 
 (B) ÛúÖ¸üÛú ‡Ó›üÖ‰ú´Öë™ü ´Öë †®ŸÖ¸ü 
 (C) ÛúÖ¸üÛú ´Öæ»µÖ ¯Ö¸ü ¯Ö׸ü³ÖÖ×ÂÖŸÖ ÛúÖ¸üÛú ¯ÖÏ“Öã¸üŸÖÖ 
 (D) ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß 
 
9. ³ÖÖ¸üŸÖ ´Öë 2004-05 ´Öë ×®Ö¬ÖÔ®ÖŸÖÖ-¸êüÜÖÖ ÃÖê ®Öß“Öê Ûêú 
¾µÖ׌ŸÖµÖÖë Ûúß ÃÖÓܵÖÖ ×ÛúÃÖ ¸üÖ•µÖ ´Öë †×¬ÖÛúŸÖ´Ö £Öß ? 
 (A) ײÖÆüÖ¸ü 
 (B) ˆ¢Ö¸ ü¯ÖϤêü¿Ö 
 (C) ´Ö¬µÖ ¯ÖϤêü¿Ö 
 (D) ¸üÖ•ÖãÖÖ®Ö 
  
 
10. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ‘³ÖÖ¸üŸÖ-×®Ö´ÖÖÔÞÖ’ ÛúÖ 
‘Ö™üÛú ®ÖÆüà Æîü ? 
 (A) ÝÖÏÖ´ÖßÞÖ †Ö¾ÖÖÃÖ 
 (B) ÝÖÏÖ´ÖßÞÖ ×¾ÖªãןÖÛú¸üÞÖ 
 (C) Ûéú×ÂÖ †Ö¬ÖÖ׸üŸÖ ˆªÖêÝÖ 
 (D) ÝÖÏÖ´ÖßÞÖ ™êü»Öß±úÖê®Ö ÃÖê¾ÖÖ 
 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü - ×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü ¤ëü …  
Page 4


Paper-II 2  J-01-12 
 
 
 
 
 
 
Q. Nos. 1 – 10 : Read the following 
questions and find correct answer from the 
choices given below these questions. 
 
1. Marginal Revenue of a Monopoly firm 
is less than the price. Because : 
 (A) Demand curve has a positive 
slope. 
 (B) Demand curve has a negative 
slope. 
 (C) Monopolist incurs losses. 
 (D) Monopolist is in equilibrium. 
 
2. For an inferior goods, income 
consumption curve and Engles curves 
are 
 (A) Positively sloped  
 (B) Negatively sloped  
 (C) Are the same 
 (D) Income consumption curve 
positively sloped and the Engles 
curve is negatively sloped 
 
3. The classical economists focussed on 
the role of money as 
 (A) medium of exchange 
 (B) medium of distribution 
 (C) wealth 
 (D) link between present and future 
 
4. If the demand for money is perfectly 
interest inelastic, the LM schedule will 
be 
 (A) Upward sloping 
 (B) Downward sloping 
 (C) Horizontal line 
 (D) Vertical line 
 
5. Harrod-Domar model of economic 
growth is based on the equilibrium 
between 
 (A) Income generation and 
productive capacity creation 
 (B) Equilibrium between income and 
consumption 
 (C) Equilibrium between savings and 
investment 
 (D) None of the above 
 
 
 
 
 
 
 
6. In calculating the buoyancy of a tax, 
we consider  
 (A) Only discretionary changes 
 (B) Only automatic changes 
 (C) Both (A) and (B) 
 (D) Neither (A) nor (B) 
 
7. Which of the following measures of 
the central tendency suits the data best 
if the objective is to assess the 
distribution of values ? 
 (A) Arithmetic mean 
 (B) Mode 
 (C) Median 
 (D) Kurtosis 
 
8. Comparative cost advantage in 
Ricardo’s international trade theory 
arises due to 
 (A) Labour cost differences 
 (B) Differences in factor endowment 
 (C) Factor abundance defined in 
terms of factor prices 
 (D) All of the above  
 
9. In India, in 2004-05 the number of 
poor persons below poverty line was 
the highest in the State of 
 (A) Bihar 
 (B) Uttar Pradesh 
 (C) Madhya Pradesh 
 (D) Rajasthan 
 
10. Which of the following is not a 
component of Bharat Nirman ? 
 (A) Rural housing 
 (B) Rural electrification 
 (C) Agro-based industries 
 (D) Rural telephony 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 
 
 J-01-12 3  Paper-II 
 
 
 
 
 
  
 
 
×®Ö´®ÖÖÓ×ÛúŸÖ 1 ÃÖê 10 ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌüµÖê †Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ 
ÝÖ‹  ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü “Öã×®ÖµÖê : 
1. ‹ÛúÖ׬ÖÛúÖ׸üÛú ±ú´ÖÔ Ûúß ÃÖß´ÖÖ®ŸÖ †ÖµÖ Ûúß´ÖŸÖ ÃÖê 
Ûú´Ö ÆüÖêŸÖß Æîü … ŒµÖÖë×Ûú 
 (A) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ÃÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (B) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ®ÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (C) ‹ÛúÖ׬ÖÛúÖ¸üß ÛúÖê ÆüÖ×®Ö ÆüÖêŸÖß Æîü … 
 (D) ‹ÛúÖ׬ÖÛúÖ¸üß ÃÖÓŸÖã»Ö®Ö ´Öë Æîü … 
 
2. ‹Ûú ‘Ö×™üµÖÖ ¾ÖßÖã Ûêú ×»Ö‹ †ÖµÖ-ˆ¯ÖµÖÖêÝÖ ¾ÖÛÎú ‹¾ÖÓ 
‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ‹Ñ ÆüÖêŸÖß Æïü  
 (A) ÃÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (B) ®ÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (C) ¤üÖê®ÖÖë ÃÖ´ÖÖ®Ö Æïü … 
 (D) †ÖµÖ ˆ¯Ö³ÖÖêÝÖ ¾ÖÛÎú ¸êüÜÖÖ ÃÖÛúÖ¸üÖŸ´ÖÛú œüüü»ÖÖ®Ö 
×»Ö‹ †Öî¸ü ‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ ®ÖÛúÖ¸üÖŸ´ÖÛú 
œü»ÖÖ®Ö ×»Ö‹ ¸üÆüŸÖß Æïü … 
 
3. ¯Ö¸ü´¯Ö¸üÖ¾ÖÖ¤üß †£ÖÔ-¿ÖÖ×áֵÖÖë ®Öê ´Öã¦üÖ Ûúß ×®Ö´®Ö 
³Öæ×´ÖÛúÖ ¯Ö¸ü ÛëúצüŸÖ ×ÛúµÖÖ : 
 (A) ×¾Ö×®Ö´ÖµÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (B) ×¾ÖŸÖ¸üÞÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (C) ¬Ö®Ö-ÃÖ´¯Ö×¢Ö 
 (D) ¾ÖŸÖÔ´ÖÖ®Ö ‹¾ÖÓ ³Ö×¾Ö嵅 Ûêú ²Öß“Ö Ûúß Ûú›Ìüß 
 
4. µÖפü ´Öã¦üÖ Ûúß ´ÖÖÑÝÖ ¯ÖæÞÖÔŸÖµÖÖ ²µÖÖ•Ö »ÖÖê“Ö ×®Ö¸ü¯ÖêõÖ Æîü 
ŸÖÖê ŸÖ¸ü»ÖŸÖÖ - ´Öã¦üÖ (‹»Ö ‹´Ö) ¾ÖÛÎú - 
 (A) ‰ú¯Ö¸ü Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (B) ®Öß“Öê Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (C) ÃÖ´ÖßָüßµÖ ¸êüÜÖÖ ÆüÖêÝÖß … 
 (D) ÜÖ›Ìüß ¸êüÜÖÖ ÆüÖêÝÖß … 
 
5. Æîü¸ü›ü - ›üÖê´Ö¸ü ÛúÖ †ÖÙ£ÖÛú ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö ×®Ö´®Ö Ûêú 
ÃÖ®ŸÖã»Ö®Ö ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ Æîü : 
 (A) †ÖµÖ ÃÖé•Ö®Ö †Öî¸ü ˆŸ¯ÖÖ¤ü®Ö õÖ´ÖŸÖÖ ×®Ö´ÖÖÔÞÖ … 
 (B) †ÖµÖ †Öî¸ü ˆ¯Ö³ÖÖêÝÖ ÃÖ®ŸÖã»Ö®Ö … 
 (C) ×®Ö¾Öê¿Ö ‹¾ÖÓ ²Ö“ÖŸÖ ÃÖ®ŸÖã»Ö®Ö … 
 (D) ˆ¯Ö¸üÖêŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
 
 
 
 
  
6. ×ÛúÃÖß Ûú¸ü Ûúß ˆŸ¯»ÖÖ×¾ÖŸÖÖ ÛúÖ ÝÖÞÖ®Ö Ûú¸ü®Öê ÆêüŸÖã Æü´Ö 
×¾Ö“ÖÖ¸ü Ûú¸üŸÖê Æïü  
 (A) Ûêú¾Ö»Ö ×¾Ö¾ÖêÛúÖ¬Öß®Ö ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (B) Ûêú¾Ö»Ö þÖ: ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (C) (A) †Öî¸ü (B) ¤üÖê®ÖÖë ¯Ö¸ü 
 (D) ®Ö ŸÖÖê (A) †Öî¸ü ®Ö (B) ¯Ö¸ü  
 
7. ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûëú¦üßµÖ ¯ÖϾÖé×¢Ö ´ÖÖ¯ÖÖë ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ 
´ÖÖ¯Ö ‹êÃÖß ÜÖÖê•Ö-ÃÖÖ´ÖÝÖÏß Ûêú ×»Ö‹ ÁÖêšüŸÖ´Ö ÆüÖêÝÖÖ 
וÖÃÖ´Öë “Ö¸üÖë Ûêú ´Ö滵ÖÖë ÛúÖ †ÖÛú»Ö®Ö Ûú¸ü®ÖÖ ÆüÖê ? 
 (A) ÝÖ×ÞÖŸÖßµÖ - ´ÖÖ¬µÖ 
 (B) ²ÖÆãü»ÖÛú 
 (C) ´Ö¬µÖ´ÖÖ 
 (D) Ûãú™üÖì×ÃÖÃÖ 
 
8. ׸üÛúÖ›üÖì Ûêú †®ŸÖ¸üÖÔ™ÒüßµÖ ¾µÖÖ¯ÖÖ¸ü ×ÃÖ¨üÖ®ŸÖ ´Öë 
ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ-»ÖÖ³Ö ‡ÃÖ ÛúÖ¸üÞÖ ÃÖê ÆüÖêŸÖÖ Æîü - 
 (A) ´Ö•Ö̤æü¸üß »ÖÖÝÖŸÖ ´Öë †®ŸÖ¸ü 
 (B) ÛúÖ¸üÛú ‡Ó›üÖ‰ú´Öë™ü ´Öë †®ŸÖ¸ü 
 (C) ÛúÖ¸üÛú ´Öæ»µÖ ¯Ö¸ü ¯Ö׸ü³ÖÖ×ÂÖŸÖ ÛúÖ¸üÛú ¯ÖÏ“Öã¸üŸÖÖ 
 (D) ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß 
 
9. ³ÖÖ¸üŸÖ ´Öë 2004-05 ´Öë ×®Ö¬ÖÔ®ÖŸÖÖ-¸êüÜÖÖ ÃÖê ®Öß“Öê Ûêú 
¾µÖ׌ŸÖµÖÖë Ûúß ÃÖÓܵÖÖ ×ÛúÃÖ ¸üÖ•µÖ ´Öë †×¬ÖÛúŸÖ´Ö £Öß ? 
 (A) ײÖÆüÖ¸ü 
 (B) ˆ¢Ö¸ ü¯ÖϤêü¿Ö 
 (C) ´Ö¬µÖ ¯ÖϤêü¿Ö 
 (D) ¸üÖ•ÖãÖÖ®Ö 
  
 
10. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ‘³ÖÖ¸üŸÖ-×®Ö´ÖÖÔÞÖ’ ÛúÖ 
‘Ö™üÛú ®ÖÆüà Æîü ? 
 (A) ÝÖÏÖ´ÖßÞÖ †Ö¾ÖÖÃÖ 
 (B) ÝÖÏÖ´ÖßÞÖ ×¾ÖªãןÖÛú¸üÞÖ 
 (C) Ûéú×ÂÖ †Ö¬ÖÖ׸üŸÖ ˆªÖêÝÖ 
 (D) ÝÖÏÖ´ÖßÞÖ ™êü»Öß±úÖê®Ö ÃÖê¾ÖÖ 
 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü - ×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü ¤ëü …  
Paper-II 4  J-01-12 
Q. Nos. 11 – 20 : Read the following 
questions and find out correct answer from 
the codes given below these questions. 
 
11. A point of ‘Kink’ in the kinked 
demand curve indicates 
 I. Price rigidity 
 II. Quantity rigidity 
 III. Price flexibility 
 IV. Quantity flexibility 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and IV are correct. 
 
12. Improvement in the BOP deficit may 
be effected through 
 I. Import control 
 II. Export promotion 
 III. Foreign exchange control 
 IV. Devaluation 
 Codes : 
 (A) I and II are correct. 
 (B) I, II, III and IV are correct. 
 (C) II and III are correct. 
 (D) I, II and III are correct. 
 
13. The problem relating to burden of 
public debt has been dealt by 
 I. A.P. Learner 
 II. E.D. Domar 
 III. A.C. Pigou 
 IV. A.H. Henson 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) I and IV are correct. 
 (D) II and III are correct. 
 
14. Fiscal policy relates to the Government 
decision in respect of 
 I. Taxation 
 II. Government spending 
 III. Government borrowing 
 IV. Public Debt 
 Codes : 
 (A) III and IV are correct. 
 (B) II, III and IV are correct. 
 (C) I and II are correct. 
 (D) All the above are correct. 
 
15. HDI is entrusted with reference to : 
 I. Life expectancy at birth 
 II. Real GDP/per capita 
 III. Infant mortality 
 IV. Morbidity 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) All the above 
16. The doctrine of unbalanced growth 
was propounded by 
 I. Hirschman 
 II. Robert Solow 
 III. Singer 
 IV. Ragnar Nurkse 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and III are correct. 
 
17. Harrod-Domar model of economic 
growth is based upon 
 I. Warranted growth rate 
 II. Investment growth rate 
 III. Productivity growth rate 
 IV. Natural growth rate 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and IV are correct. 
 
18. In Keynesian system speculative 
demand for money arises because of 
 I. Uncertainty of future interest rates 
 II. Unexpected expenditures 
 III. To bridge the gap between income 
and eventual expenditure 
 IV. Relationship between changes in 
the interest rates and bond prices 
 Codes : 
 (A) I and III are correct. 
 (B) I and IV are correct. 
 (C) II and III are correct. 
 (D) III and IV are correct. 
 
19. According to Milton Friedman Theory 
of permanent component of 
consumption-expenditure depends on  
 I. Transitory income alone 
 II. Transitory and permanent income 
 III. Permanent income alone 
 IV. Windfall gains 
 Codes : 
 (A) I and II are correct. 
 (B) I and III are correct. 
 (C) II and IV are correct. 
 (D) Only III is correct. 
 
20. The Planning Commission of India has 
recently made announcement regarding 
Poverty Line : 
 I. ` 42 per capita per day in urban area 
 II. ` 26 per capita per day in rural area 
 III. ` 32 per capita per day in urban area 
 IV. ` 32 per capita per day in rural area 
 Codes : 
 (A) I and II are correct. 
 (B) I and III are correct. 
 (C) II and III are correct. 
 (D) III and IV are correct. 
Page 5


Paper-II 2  J-01-12 
 
 
 
 
 
 
Q. Nos. 1 – 10 : Read the following 
questions and find correct answer from the 
choices given below these questions. 
 
1. Marginal Revenue of a Monopoly firm 
is less than the price. Because : 
 (A) Demand curve has a positive 
slope. 
 (B) Demand curve has a negative 
slope. 
 (C) Monopolist incurs losses. 
 (D) Monopolist is in equilibrium. 
 
2. For an inferior goods, income 
consumption curve and Engles curves 
are 
 (A) Positively sloped  
 (B) Negatively sloped  
 (C) Are the same 
 (D) Income consumption curve 
positively sloped and the Engles 
curve is negatively sloped 
 
3. The classical economists focussed on 
the role of money as 
 (A) medium of exchange 
 (B) medium of distribution 
 (C) wealth 
 (D) link between present and future 
 
4. If the demand for money is perfectly 
interest inelastic, the LM schedule will 
be 
 (A) Upward sloping 
 (B) Downward sloping 
 (C) Horizontal line 
 (D) Vertical line 
 
5. Harrod-Domar model of economic 
growth is based on the equilibrium 
between 
 (A) Income generation and 
productive capacity creation 
 (B) Equilibrium between income and 
consumption 
 (C) Equilibrium between savings and 
investment 
 (D) None of the above 
 
 
 
 
 
 
 
6. In calculating the buoyancy of a tax, 
we consider  
 (A) Only discretionary changes 
 (B) Only automatic changes 
 (C) Both (A) and (B) 
 (D) Neither (A) nor (B) 
 
7. Which of the following measures of 
the central tendency suits the data best 
if the objective is to assess the 
distribution of values ? 
 (A) Arithmetic mean 
 (B) Mode 
 (C) Median 
 (D) Kurtosis 
 
8. Comparative cost advantage in 
Ricardo’s international trade theory 
arises due to 
 (A) Labour cost differences 
 (B) Differences in factor endowment 
 (C) Factor abundance defined in 
terms of factor prices 
 (D) All of the above  
 
9. In India, in 2004-05 the number of 
poor persons below poverty line was 
the highest in the State of 
 (A) Bihar 
 (B) Uttar Pradesh 
 (C) Madhya Pradesh 
 (D) Rajasthan 
 
10. Which of the following is not a 
component of Bharat Nirman ? 
 (A) Rural housing 
 (B) Rural electrification 
 (C) Agro-based industries 
 (D) Rural telephony 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 
 
 J-01-12 3  Paper-II 
 
 
 
 
 
  
 
 
×®Ö´®ÖÖÓ×ÛúŸÖ 1 ÃÖê 10 ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌüµÖê †Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ 
ÝÖ‹  ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü “Öã×®ÖµÖê : 
1. ‹ÛúÖ׬ÖÛúÖ׸üÛú ±ú´ÖÔ Ûúß ÃÖß´ÖÖ®ŸÖ †ÖµÖ Ûúß´ÖŸÖ ÃÖê 
Ûú´Ö ÆüÖêŸÖß Æîü … ŒµÖÖë×Ûú 
 (A) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ÃÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (B) ´ÖÖÑÝÖ ¾ÖÛÎú ÛúÖ œü»ÖÖ®Ö ®ÖÛúÖ¸üÖŸ´ÖÛú ÆüÖêŸÖÖ Æîü … 
 (C) ‹ÛúÖ׬ÖÛúÖ¸üß ÛúÖê ÆüÖ×®Ö ÆüÖêŸÖß Æîü … 
 (D) ‹ÛúÖ׬ÖÛúÖ¸üß ÃÖÓŸÖã»Ö®Ö ´Öë Æîü … 
 
2. ‹Ûú ‘Ö×™üµÖÖ ¾ÖßÖã Ûêú ×»Ö‹ †ÖµÖ-ˆ¯ÖµÖÖêÝÖ ¾ÖÛÎú ‹¾ÖÓ 
‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ‹Ñ ÆüÖêŸÖß Æïü  
 (A) ÃÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (B) ®ÖÛúÖ¸üÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»ÖÖ®Ö ×»Ö‹ Æãü‹ … 
 (C) ¤üÖê®ÖÖë ÃÖ´ÖÖ®Ö Æïü … 
 (D) †ÖµÖ ˆ¯Ö³ÖÖêÝÖ ¾ÖÛÎú ¸êüÜÖÖ ÃÖÛúÖ¸üÖŸ´ÖÛú œüüü»ÖÖ®Ö 
×»Ö‹ †Öî¸ü ‹ë•Ö»ÃÖ ¾ÖÛÎú ¸êüÜÖÖ ®ÖÛúÖ¸üÖŸ´ÖÛú 
œü»ÖÖ®Ö ×»Ö‹ ¸üÆüŸÖß Æïü … 
 
3. ¯Ö¸ü´¯Ö¸üÖ¾ÖÖ¤üß †£ÖÔ-¿ÖÖ×áֵÖÖë ®Öê ´Öã¦üÖ Ûúß ×®Ö´®Ö 
³Öæ×´ÖÛúÖ ¯Ö¸ü ÛëúצüŸÖ ×ÛúµÖÖ : 
 (A) ×¾Ö×®Ö´ÖµÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (B) ×¾ÖŸÖ¸üÞÖ ÛúÖ ´ÖÖ¬µÖ´Ö 
 (C) ¬Ö®Ö-ÃÖ´¯Ö×¢Ö 
 (D) ¾ÖŸÖÔ´ÖÖ®Ö ‹¾ÖÓ ³Ö×¾Ö嵅 Ûêú ²Öß“Ö Ûúß Ûú›Ìüß 
 
4. µÖפü ´Öã¦üÖ Ûúß ´ÖÖÑÝÖ ¯ÖæÞÖÔŸÖµÖÖ ²µÖÖ•Ö »ÖÖê“Ö ×®Ö¸ü¯ÖêõÖ Æîü 
ŸÖÖê ŸÖ¸ü»ÖŸÖÖ - ´Öã¦üÖ (‹»Ö ‹´Ö) ¾ÖÛÎú - 
 (A) ‰ú¯Ö¸ü Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (B) ®Öß“Öê Ûúß †Öê¸ü œü»ÖÖ®Ö ×»Ö‹ Æãü‹ ÆüÖêÝÖÖ … 
 (C) ÃÖ´ÖßָüßµÖ ¸êüÜÖÖ ÆüÖêÝÖß … 
 (D) ÜÖ›Ìüß ¸êüÜÖÖ ÆüÖêÝÖß … 
 
5. Æîü¸ü›ü - ›üÖê´Ö¸ü ÛúÖ †ÖÙ£ÖÛú ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö ×®Ö´®Ö Ûêú 
ÃÖ®ŸÖã»Ö®Ö ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ Æîü : 
 (A) †ÖµÖ ÃÖé•Ö®Ö †Öî¸ü ˆŸ¯ÖÖ¤ü®Ö õÖ´ÖŸÖÖ ×®Ö´ÖÖÔÞÖ … 
 (B) †ÖµÖ †Öî¸ü ˆ¯Ö³ÖÖêÝÖ ÃÖ®ŸÖã»Ö®Ö … 
 (C) ×®Ö¾Öê¿Ö ‹¾ÖÓ ²Ö“ÖŸÖ ÃÖ®ŸÖã»Ö®Ö … 
 (D) ˆ¯Ö¸üÖêŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
 
 
 
 
  
6. ×ÛúÃÖß Ûú¸ü Ûúß ˆŸ¯»ÖÖ×¾ÖŸÖÖ ÛúÖ ÝÖÞÖ®Ö Ûú¸ü®Öê ÆêüŸÖã Æü´Ö 
×¾Ö“ÖÖ¸ü Ûú¸üŸÖê Æïü  
 (A) Ûêú¾Ö»Ö ×¾Ö¾ÖêÛúÖ¬Öß®Ö ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (B) Ûêú¾Ö»Ö þÖ: ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ¯Ö¸ü 
 (C) (A) †Öî¸ü (B) ¤üÖê®ÖÖë ¯Ö¸ü 
 (D) ®Ö ŸÖÖê (A) †Öî¸ü ®Ö (B) ¯Ö¸ü  
 
7. ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûëú¦üßµÖ ¯ÖϾÖé×¢Ö ´ÖÖ¯ÖÖë ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ 
´ÖÖ¯Ö ‹êÃÖß ÜÖÖê•Ö-ÃÖÖ´ÖÝÖÏß Ûêú ×»Ö‹ ÁÖêšüŸÖ´Ö ÆüÖêÝÖÖ 
וÖÃÖ´Öë “Ö¸üÖë Ûêú ´Ö滵ÖÖë ÛúÖ †ÖÛú»Ö®Ö Ûú¸ü®ÖÖ ÆüÖê ? 
 (A) ÝÖ×ÞÖŸÖßµÖ - ´ÖÖ¬µÖ 
 (B) ²ÖÆãü»ÖÛú 
 (C) ´Ö¬µÖ´ÖÖ 
 (D) Ûãú™üÖì×ÃÖÃÖ 
 
8. ׸üÛúÖ›üÖì Ûêú †®ŸÖ¸üÖÔ™ÒüßµÖ ¾µÖÖ¯ÖÖ¸ü ×ÃÖ¨üÖ®ŸÖ ´Öë 
ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ-»ÖÖ³Ö ‡ÃÖ ÛúÖ¸üÞÖ ÃÖê ÆüÖêŸÖÖ Æîü - 
 (A) ´Ö•Ö̤æü¸üß »ÖÖÝÖŸÖ ´Öë †®ŸÖ¸ü 
 (B) ÛúÖ¸üÛú ‡Ó›üÖ‰ú´Öë™ü ´Öë †®ŸÖ¸ü 
 (C) ÛúÖ¸üÛú ´Öæ»µÖ ¯Ö¸ü ¯Ö׸ü³ÖÖ×ÂÖŸÖ ÛúÖ¸üÛú ¯ÖÏ“Öã¸üŸÖÖ 
 (D) ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß 
 
9. ³ÖÖ¸üŸÖ ´Öë 2004-05 ´Öë ×®Ö¬ÖÔ®ÖŸÖÖ-¸êüÜÖÖ ÃÖê ®Öß“Öê Ûêú 
¾µÖ׌ŸÖµÖÖë Ûúß ÃÖÓܵÖÖ ×ÛúÃÖ ¸üÖ•µÖ ´Öë †×¬ÖÛúŸÖ´Ö £Öß ? 
 (A) ײÖÆüÖ¸ü 
 (B) ˆ¢Ö¸ ü¯ÖϤêü¿Ö 
 (C) ´Ö¬µÖ ¯ÖϤêü¿Ö 
 (D) ¸üÖ•ÖãÖÖ®Ö 
  
 
10. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ‘³ÖÖ¸üŸÖ-×®Ö´ÖÖÔÞÖ’ ÛúÖ 
‘Ö™üÛú ®ÖÆüà Æîü ? 
 (A) ÝÖÏÖ´ÖßÞÖ †Ö¾ÖÖÃÖ 
 (B) ÝÖÏÖ´ÖßÞÖ ×¾ÖªãןÖÛú¸üÞÖ 
 (C) Ûéú×ÂÖ †Ö¬ÖÖ׸üŸÖ ˆªÖêÝÖ 
 (D) ÝÖÏÖ´ÖßÞÖ ™êü»Öß±úÖê®Ö ÃÖê¾ÖÖ 
 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü - ×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü ¤ëü …  
Paper-II 4  J-01-12 
Q. Nos. 11 – 20 : Read the following 
questions and find out correct answer from 
the codes given below these questions. 
 
11. A point of ‘Kink’ in the kinked 
demand curve indicates 
 I. Price rigidity 
 II. Quantity rigidity 
 III. Price flexibility 
 IV. Quantity flexibility 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and IV are correct. 
 
12. Improvement in the BOP deficit may 
be effected through 
 I. Import control 
 II. Export promotion 
 III. Foreign exchange control 
 IV. Devaluation 
 Codes : 
 (A) I and II are correct. 
 (B) I, II, III and IV are correct. 
 (C) II and III are correct. 
 (D) I, II and III are correct. 
 
13. The problem relating to burden of 
public debt has been dealt by 
 I. A.P. Learner 
 II. E.D. Domar 
 III. A.C. Pigou 
 IV. A.H. Henson 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) I and IV are correct. 
 (D) II and III are correct. 
 
14. Fiscal policy relates to the Government 
decision in respect of 
 I. Taxation 
 II. Government spending 
 III. Government borrowing 
 IV. Public Debt 
 Codes : 
 (A) III and IV are correct. 
 (B) II, III and IV are correct. 
 (C) I and II are correct. 
 (D) All the above are correct. 
 
15. HDI is entrusted with reference to : 
 I. Life expectancy at birth 
 II. Real GDP/per capita 
 III. Infant mortality 
 IV. Morbidity 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) All the above 
16. The doctrine of unbalanced growth 
was propounded by 
 I. Hirschman 
 II. Robert Solow 
 III. Singer 
 IV. Ragnar Nurkse 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and III are correct. 
 
17. Harrod-Domar model of economic 
growth is based upon 
 I. Warranted growth rate 
 II. Investment growth rate 
 III. Productivity growth rate 
 IV. Natural growth rate 
 Codes : 
 (A) I and II are correct. 
 (B) II and III are correct. 
 (C) III and IV are correct. 
 (D) I and IV are correct. 
 
18. In Keynesian system speculative 
demand for money arises because of 
 I. Uncertainty of future interest rates 
 II. Unexpected expenditures 
 III. To bridge the gap between income 
and eventual expenditure 
 IV. Relationship between changes in 
the interest rates and bond prices 
 Codes : 
 (A) I and III are correct. 
 (B) I and IV are correct. 
 (C) II and III are correct. 
 (D) III and IV are correct. 
 
19. According to Milton Friedman Theory 
of permanent component of 
consumption-expenditure depends on  
 I. Transitory income alone 
 II. Transitory and permanent income 
 III. Permanent income alone 
 IV. Windfall gains 
 Codes : 
 (A) I and II are correct. 
 (B) I and III are correct. 
 (C) II and IV are correct. 
 (D) Only III is correct. 
 
20. The Planning Commission of India has 
recently made announcement regarding 
Poverty Line : 
 I. ` 42 per capita per day in urban area 
 II. ` 26 per capita per day in rural area 
 III. ` 32 per capita per day in urban area 
 IV. ` 32 per capita per day in rural area 
 Codes : 
 (A) I and II are correct. 
 (B) I and III are correct. 
 (C) II and III are correct. 
 (D) III and IV are correct. 
 
 J-01-12 5  Paper-II 
×®Ö´®ÖÖÓ×ÛúŸÖ 11-20 ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌüµÖê †Öî¸ü פüµÖê ÆãüµÖê Ûæú™üÖë Ûêú 
†®ÖãÃÖÖ¸ü ÃÖÆüß ˆ¢Ö¸ü “Öã×®ÖµÖê …  
11. ×¾ÖÛãÓú×“ÖŸÖ ´ÖÖÑÝÖ ¾ÖÛÎú ¸êüÜÖÖ ´Öë ×¾ÖÛãÓú×“ÖŸÖ ×²Ö®¤ãü ¤ü¿ÖÖÔŸÖÖ 
Æîü  
 I. †®Ö´µÖ Ûúß´ÖŸÖ II. †®Ö´µÖ ´ÖÖ¡ÖÖ 
 III. ®Ö´µÖ Ûúß´ÖŸÖ IV. ´ÖÖ¡ÖÖ ®Ö´µÖŸÖÖ 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …  
 (B) II †Öî¸ü III ÃÖÆüß Æïü … 
 (C) III †Öî¸ü IV ÃÖÆüß Æïü … 
 (D) I †Öî¸ü IV ÃÖÆüß Æïü … 
12. †¤üÖµÖÝÖß – ‘ÖÖ™üÖ ²ÖÛúÖµÖÖ ´Öë ×®Ö´®Ö ¯ÖÏÛúÖ¸ü ÃÖê ÃÖã¬ÖÖ¸ü 
×ÛúµÖÖ •ÖÖ ÃÖÛúŸÖÖ Æîü : 
 I. †ÖµÖÖŸÖ ×®ÖµÖ®¡ÖÞÖ 
 II. ×®ÖµÖÖÔŸÖ ¾Öéרü 
 III. ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ×®ÖµÖ®¡ÖÞÖ 
 IV. †¾Ö´Öæ»µÖ®Ö 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …  
 (B) I, II, III †Öî¸ü IV ÃÖÆüß Æïü … 
 (C) II †Öî¸ü III ÃÖÆüß Æïü … 
 (D) I, II †Öî¸ü III ÃÖÆüß Æïü … 
 
13. »ÖÖêÛú ŠúÞÖ Ûêú ³ÖÖ¸ü ÃÖ´²Ö®¬Öß ÃÖ´ÖõÖÖ ¯Ö¸ü ×ÛúÃÖ®Öê 
×¾Ö“ÖÖ¸ü ×ÛúµÖÖ Æîü ? 
 I. ‹. ¯Öß. »Ö®ÖÔ¸ü II. ‡Ô. ›üß. ›üÖê´Ö¸ü 
 III. ‹. ÃÖß. ¯ÖßÝÖæ IV. ‹. ‹“Ö. Æêü®ÃÖ®Ö 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …  
 (B) II †Öî¸ü III ÃÖÆüß Æïü … 
 (C) I †Öî¸ü IV ÃÖÆüß Æïü … 
 (D) II †Öî¸ü III ÃÖÆüß Æïü …  
 
14. ¸üÖ•ÖÛúÖêÂÖßµÖ ®Öß×ŸÖ ÛúÖ ÃÖ´²Ö®¬Ö ÃÖ¸üÛúÖ¸üß ×®ÖÞÖÔµÖ ÃÖê 
×®Ö´®Ö ÃÖê ÃÖ´²ÖÓ×¬ÖŸÖ Æîü : 
 I. Ûú¸üÖ¬ÖÖ®Ö II. ¸üÖ•ÖÛúßµÖ ¾µÖµÖ 
 III. ¸üÖ•ÖÛúßµÖ ŠúÞÖ IV. ÃÖ¸üÛúÖ¸üß Ûú•ÖÔ 
 Ûæú™ü : 
 (A) III †Öî¸ü IV ÃÖÆüß Æïü …  
 (B) II, III †Öî¸ü IV ÃÖÆüß Æïü … 
 (C) I †Öî¸ü II ÃÖÆüß Æïü … 
 (D) ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß ÃÖÆüß Æïü … 
 
15. ‹“Ö. ›üß. †Ö‡Ô Ûêú ×®Ö´ÖÖÔÞÖ ÛúÖ ÃÖ´²Ö®¬Ö ÆüÖêŸÖÖ Æîü  
 I. •Ö®´Ö Ûêú ÃÖ´ÖµÖ †ÖµÖã ÃÖÓ³ÖÖ×¾ÖŸÖÖ 
 II. ¾ÖÖßÖ×¾ÖÛú •Öß›ü߯Öß ¯ÖÏ×ŸÖ ¾µÖ׌ŸÖ 
 III. ׿ֿÖã ´Ö韵Öã ¤ü¸ü 
 IV. †Ã¾Öã֟ÖÖ 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …  
 (B) II †Öî¸ü III ÃÖÆüß Æïü … 
 (C) III †Öî¸ü IV ÃÖÆüß Æïü … 
 (D) ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß ÃÖÆüß Æïü … 
16. †ÃÖ®ŸÖã×»ÖŸÖ ×¾ÖÛúÖÃÖ ×ÃÖ¨üÖ®ŸÖ ÛúÖ ¯ÖÏן֯ÖÖ¤ü®Ö ×ÛúÃÖ®Öê 
×ÛúµÖÖ ? 
 I. ÆüÂÖÔ´Öê®Ö II. ¸üÖê²Ö™Ôü ÃÖÖê»ÖÖê 
 III. ØÃÖÝÖ¸ü IV. ¸üÖÝÖ®Ö¸ü ®ÖÛÔúÃÖê 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …   (B) II †Öî¸ü III ÃÖÆüß Æïü … 
 (C) III †Öî¸ü IV ÃÖÆüß Æïü … (D) I †Öî¸ü III ÃÖÆüß Æïü … 
 
17. †ÖÙ£ÖÛú ×¾ÖÛúÖÃÖ ÛúÖ Æîü¸üÖê›ü-›üÖê´Ö¸ü ´ÖÖò›ü»Ö †Ö¬ÖÖ׸üŸÖ Æîü : 
 I. ¾ÖÖÓ”û®ÖßµÖ ¾Öéרü ¤ü¸ü 
 II. ×®Ö¾Öê¿Ö ¾Öéרü ¤ü¸ü 
 III. ˆŸ¯ÖÖ¤üÛúŸÖÖ ¾Öéרü ¤ü¸ü 
 IV. ¯ÖÏÖÛéúןÖÛú ¾Öéרü ¤ü¸ü 
 Ûæú™ü : 
 (A) I †Öî¸ü II ÃÖÆüß Æïü …  
 (B) II †Öî¸ü III ÃÖÆüß Æïü … 
 (C) III †Öî¸ü IV ÃÖÆüß Æïü … 
 (D) I †Öî¸ü IV ÃÖÆüß Æïü … 
18. Ûêú®ÃÖ Ûêú ×ÃÖ¨üÖ®ŸÖ ´Öë ´Öã¦üÖ Ûúß ¯Ö׸üÛú»¯Ö®ÖÖŸ´ÖÛú ´ÖÖÓÝÖ 
¯Öî¤üÖ ÆüÖêŸÖß Æîü, ŒµÖÖë×Ûú  
 I. ³Ö×¾ÖµÖÛúÖ»Öß®Ö ²µÖÖ•Ö ¤ü¸üÖë ÃÖ´²Ö®¬Öß †×®Ö׿“ÖŸÖŸÖÖ 
 II. †®Ö-†¯Öê×õÖŸÖ ÜÖ“Öì 
 III. †ÖµÖ ‹¾ÖÓ ¾ÖÖßÖ×¾ÖÛú ÜÖ“ÖÔ Ûêú ²Öß“Ö ¯Öã»Ö ÛúÖ 
×®Ö´ÖÖÔÞÖ 
 IV. ²µÖÖ•Ö ¤ü¸ü Ûêú ¯Ö׸ü¾ÖŸÖÔ®Ö †Öî¸ü ²ÖÖÓ›ü Ûúß´ÖŸÖÖë Ûêú 
²Öß“Ö ÛúÖ ÃÖ´²Ö®¬Ö 
 Ûæú™ü : 
 (A) I †Öî¸ü III ÃÖÆüß Æïü …  
 (B) I †Öî¸ü IV ÃÖÆüß Æïü … 
 (C) II †Öî¸ü III ÃÖÆüß Æïü … 
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FAQs on UGC NET Past Year Question Paper II: Economics (June 2012) - UGC NET Past Year Papers

1. What is UGC NET?
Ans. UGC NET stands for University Grants Commission National Eligibility Test. It is a national level exam conducted in India to determine the eligibility of candidates for the role of Assistant Professor and for the award of Junior Research Fellowship (JRF) in Indian universities and colleges.
2. What is the significance of clearing UGC NET in the field of Economics?
Ans. Clearing UGC NET in the field of Economics is highly significant for individuals aspiring to become Assistant Professors or Junior Research Fellows in the field. It validates their knowledge and expertise in the subject and enhances their career prospects in academia. Additionally, clearing UGC NET also makes candidates eligible for various fellowship programs and research opportunities.
3. How can I prepare for UGC NET in Economics?
Ans. To prepare for UGC NET in Economics, it is important to have a thorough understanding of the subject and its various sub-disciplines. Start by familiarizing yourself with the syllabus and exam pattern. Create a study plan and allocate sufficient time to cover all topics. Refer to standard textbooks, study materials, and previous year question papers. Solve practice papers and take mock tests to assess your preparation level. Additionally, stay updated with current affairs and recent developments in the field of economics.
4. What are the eligibility criteria for appearing in UGC NET Economics exam?
Ans. The eligibility criteria for appearing in UGC NET Economics exam are as follows: - Candidates must have a post-graduate degree in Economics or a related discipline with a minimum of 55% marks (50% for reserved categories). - Candidates appearing in the final year of their master's degree can also apply. - The maximum age limit is 30 years for JRF (relaxation for reserved categories) and there is no upper age limit for Assistant Professor.
5. What is the validity period of the UGC NET certificate in Economics?
Ans. The validity period of the UGC NET certificate in Economics is currently for a lifetime. Once a candidate qualifies the exam, the certificate remains valid indefinitely for the purpose of applying for Assistant Professor positions and availing fellowship opportunities. However, it is important to note that some institutions or organizations may have their own specific validity requirements for considering UGC NET qualification.
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