UGC NET Past Year Question Paper II: Economics (December 2011) | UGC NET Past Year Papers PDF Download

 Page 1


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). Y ou have to darken the oval as indicated below on the
correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or put
any mark on any part of the Answer Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to disqualification.
9. Y ou have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
A B C
D
A B C
D
D-01-11 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖê
ÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¤üß‘ÖÔ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ
Æîü •ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê ˆ¢Ö¸ü-¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö ˆ¢Ö¸ü ¯Ö¡ÖÛú ¯Ö¸ü פüµÖê ÝÖµÖê ¤üß‘ÖÔ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †®µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Ö滵ÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פüµÖê ÝÖµÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö ˆ¢Ö¸ü-¯Öã×ßÖÛúÖ ¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
†®µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»ÖµÖê †µÖÖêݵÖ
‘ÖÖê×ÂÖŸÖ ×ÛúµÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ OMR ˆ¢Ö¸ü-¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤üµÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖµÖë …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖϵÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100
Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
0 1
(In figures as per admission card)
D 1 1
Page 2


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). Y ou have to darken the oval as indicated below on the
correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or put
any mark on any part of the Answer Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to disqualification.
9. Y ou have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
A B C
D
A B C
D
D-01-11 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖê
ÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¤üß‘ÖÔ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ
Æîü •ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê ˆ¢Ö¸ü-¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö ˆ¢Ö¸ü ¯Ö¡ÖÛú ¯Ö¸ü פüµÖê ÝÖµÖê ¤üß‘ÖÔ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †®µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Ö滵ÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פüµÖê ÝÖµÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö ˆ¢Ö¸ü-¯Öã×ßÖÛúÖ ¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
†®µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»ÖµÖê †µÖÖêݵÖ
‘ÖÖê×ÂÖŸÖ ×ÛúµÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ OMR ˆ¢Ö¸ü-¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤üµÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖµÖë …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖϵÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100
Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
0 1
(In figures as per admission card)
D 1 1
Paper-II 2  D-01-11 
 
 
 
 
 
 
1. The Opportunity Cost Curve 
assumes that 
 (A) Labour is the only factor of 
production 
 (B) the price or a cost of a 
commodity can be inferred 
from its labour content 
 (C) Labour is homogeneous 
 (D) None of the above 
 
2. Hedging refers to 
 (A) the acceptance of a foreign 
exchange risk 
 (B) covering of a foreign exchange 
risk 
 (C) foreign exchange speculation 
 (D) foreign exchange arbitrage 
 
3. An increase in the marginal 
propensity to import 
 (A) has the same effect upon the 
multiplier as an increase in the 
MPC 
 (B) has no effect upon the 
multiplier  
 (C) will increase the value of the 
multiplier  
 (D) will decrease the value of the 
multiplier  
 
4. The price elasticity of demand is 
equal to one for a demand curve, 
which is 
 (A) horizontal line 
 (B) vertical line 
 (C) rectangular hyperbola 
 (D) downward moving line 
 
 
 
 
 
5. The third moment around the mean 
is useful to measure 
 (A) central tendency 
 (B) dispersion 
 (C) peakedness 
 (D) symmetry 
 
6. Forward and backward linkages 
were propounded by 
 (A) Gunnar Myrdal 
 (B) Hirschman 
 (C) Boeke 
 (D) Leibenstein 
 
7. If sample statistics ?
1
 is more 
efficient estimator than ?
2
,  then it 
implies that 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. Golden Age hypothesis is concerned 
with 
 (A) natural rate of growth > 
warranted rate of growth 
 (B) actual rate of growth > 
warranted rate of growth 
 (C) warranted rate of growth > 
natural rate of growth 
 (D) warranted rate of growth = 
natural rate of growth 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two 
(2) marks. Attempt all the questions. 
 
Page 3


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). Y ou have to darken the oval as indicated below on the
correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or put
any mark on any part of the Answer Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to disqualification.
9. Y ou have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
A B C
D
A B C
D
D-01-11 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖê
ÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¤üß‘ÖÔ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ
Æîü •ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê ˆ¢Ö¸ü-¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö ˆ¢Ö¸ü ¯Ö¡ÖÛú ¯Ö¸ü פüµÖê ÝÖµÖê ¤üß‘ÖÔ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †®µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Ö滵ÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פüµÖê ÝÖµÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö ˆ¢Ö¸ü-¯Öã×ßÖÛúÖ ¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
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‘ÖÖê×ÂÖŸÖ ×ÛúµÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ OMR ˆ¢Ö¸ü-¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤üµÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖµÖë …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖϵÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100
Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
0 1
(In figures as per admission card)
D 1 1
Paper-II 2  D-01-11 
 
 
 
 
 
 
1. The Opportunity Cost Curve 
assumes that 
 (A) Labour is the only factor of 
production 
 (B) the price or a cost of a 
commodity can be inferred 
from its labour content 
 (C) Labour is homogeneous 
 (D) None of the above 
 
2. Hedging refers to 
 (A) the acceptance of a foreign 
exchange risk 
 (B) covering of a foreign exchange 
risk 
 (C) foreign exchange speculation 
 (D) foreign exchange arbitrage 
 
3. An increase in the marginal 
propensity to import 
 (A) has the same effect upon the 
multiplier as an increase in the 
MPC 
 (B) has no effect upon the 
multiplier  
 (C) will increase the value of the 
multiplier  
 (D) will decrease the value of the 
multiplier  
 
4. The price elasticity of demand is 
equal to one for a demand curve, 
which is 
 (A) horizontal line 
 (B) vertical line 
 (C) rectangular hyperbola 
 (D) downward moving line 
 
 
 
 
 
5. The third moment around the mean 
is useful to measure 
 (A) central tendency 
 (B) dispersion 
 (C) peakedness 
 (D) symmetry 
 
6. Forward and backward linkages 
were propounded by 
 (A) Gunnar Myrdal 
 (B) Hirschman 
 (C) Boeke 
 (D) Leibenstein 
 
7. If sample statistics ?
1
 is more 
efficient estimator than ?
2
,  then it 
implies that 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. Golden Age hypothesis is concerned 
with 
 (A) natural rate of growth > 
warranted rate of growth 
 (B) actual rate of growth > 
warranted rate of growth 
 (C) warranted rate of growth > 
natural rate of growth 
 (D) warranted rate of growth = 
natural rate of growth 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two 
(2) marks. Attempt all the questions. 
 
 
 D-01-11 3  Paper-II 
 
 
 
 
 
 
1. †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ ¾ÖÛÎú Ûúß ´ÖÖ®µÖŸÖÖ Æîü ×Ûú 
 (A) ˆŸ¯ÖÖ¤ü®Ö ÛúÖ ‹Ûú ´ÖÖ¡Ö ÛúÖ¸üÛú ÁÖ´Ö Æîü … 
 (B) ¾ÖßÖã Ûúß Ûúß´ÖŸÖ †£Ö¾ÖÖ »ÖÖÝÖŸÖ ÛúÖ 
†®Öã´ÖÖ®Ö ˆÃÖÛúß ÁÖ´Ö ´ÖÖ¡ÖÖ ÃÖê »ÖÝÖÖµÖÖ •ÖÖ 
ÃÖÛúŸÖÖ Æîü … 
 (C) ÁÖ´Ö ÃÖ´Öºþ¯Ö ÆüÖêŸÖÖ Æîü … 
 (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
2. ÆîüØ•ÖÝÖ ÃÖÓÛêúŸÖ Ûú¸üŸÖÖ Æîü 
 (A) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö Ûúß Ã¾ÖßÛéú×ŸÖ 
ÛúÖ 
 (B) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö ÛúÖê †Ö¾ÖéŸÖ 
Ûú¸ü®Öê ÛúÖ 
 (C) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ÛúÖ †®Öã´ÖÖ®Ö »ÖÝÖÖ®ÖÖ 
 (D) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ×¾Ö¾ÖÖ“Ö®Ö 
 
3. †ÖµÖÖŸÖ Ûúß ÃÖß´ÖÖ®ŸÖ ¯ÖϾÖé×¢Ö ´Öë ¾Öéרü ÛúÖ 
 (A) ÝÖãÞÖÖÓÛú ¯Ö¸ü ¾ÖÆüß ¯ÖϳÖÖ¾Ö ÆüÖêŸÖÖ Æîü •ÖÖê ×Ûú 
MPC ´Öë ¾Öéרü ÛúÖ ÆüÖêŸÖÖ Æîü … 
 (B) ÝÖãÞÖÖÓÛú ¯Ö¸ü ÛúÖê‡Ô ¯ÖϳÖÖ¾Ö ®ÖÆüà ¯Ö›ÌüŸÖÖ Æîü … 
 (C) ÝÖãÞÖÖÓÛú Ûêú ´Öæ»µÖ ´Öë ¾Öéרü ÆüÖêÝÖß … 
 (D) ÝÖãÞÖÖÓÛú ÛúÖ ´Öæ»µÖ ‘Ö™êüÝÖÖ … 
 
4. ´ÖÖÓÝÖ Ûúß Ûúß´ÖŸÖ »ÖÖê“Ö ´ÖÖÓÝÖ ¾ÖÛÎú Ûêú ×»ÖµÖê ‹Ûú Ûêú 
²Ö¸üÖ²Ö¸ü ÆüÖêŸÖß Æîü, •ÖÖê ×Ûú (´ÖÖÓÝÖ ¾ÖÛÎú) : 
 (A) õÖî×ŸÖ•Ö ¸êüÜÖÖ Æîü 
 (B) ˆ¬¾ÖÖÔÛúÖ¸ü ¸êüÜÖÖ Æîü  
 (C) †ÖµÖŸÖÖÛúÖ¸ü †×ŸÖ¯Ö¸ü¾Ö»ÖµÖ Æîü  
 (D) †¬ÖÖê´ÖãÜÖß ÝÖןִÖÖ®Ö ¸êüÜÖÖ Æîü  
 
 
 
 
 
5. ´ÖÖ¬µÖ Ûêú “ÖÑÆãü †Öê¸ü ŸÖéŸÖßµÖ ´Öæ´Öê®™ü ×®Ö´®Ö×»Ö×ÜÖŸÖ 
ÛúÖ ´ÖÖ¯Ö Ûú¸ü®Öê ´Öë ˆ¯ÖµÖÖêÝÖß Æîü 
 (A) Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö 
 (B) ×¾ÖÃÖ•ÖÔ®Ö 
 (C) ®ÖãÛúß»ÖÖ¯Ö®Ö †£Ö¾ÖÖ ×¿ÖÜÖ¸ü¯Ö®Ö 
 (D) ÃÖ´Ö×´ÖŸÖŸÖÖ 
 
6. †ÝÖÏÝÖÖ´Öß †Öî¸ü ¯Ö¿“ÖÝÖÖ´Öß ÃÖÓµÖÖê•Ö®ÖÖë ÛúÖ ¯ÖÏן֯ÖÖ¤ü®Ö 
×ÛúÃÖÛêú «üÖ¸üÖ ×ÛúµÖÖ ÝÖµÖÖ ? 
 (A) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Ö 
 (B) ÆüÂÖÔ´Öî®Ö 
 (C) ²ÖÖêÛêú 
 (D) »Öî²Ö®ÖÙüß®Ö 
 
7. µÖפü ?
2
 Ûúß ŸÖã»Ö®ÖÖ ´Öë, ¯ÖÏן֤ü¿ÖÔ ÃÖÖÓ×ܵÖÛúß ?
1
 
•µÖÖ¤üÖ ¤üõÖ †ÖÛú»ÖÛú Æîü, ŸÖÖê ‡ÃÖÛúÖ ŸÖÖŸ¯ÖµÖÔ Æîü ×Ûú 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. þÖÙÞÖ´Ö µÖãÝÖ ¯ÖÏÖŒÛú»¯Ö®ÖÖ ×ÛúÃÖÛêú ÃÖÖ£Ö ÃÖ¸üÖêÛúÖ¸ü 
¸üÜÖŸÖß Æîü  
 (A) ÃÖÓ¾Öéרü Ûúß ¯ÖÏÖÛéúןÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (B) ÃÖÓ¾Öéרü Ûúß ¾ÖÖßÖ×¾ÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (C) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü > ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
 (D) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü = ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
®ÖÖê™ü :  ‡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


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). Y ou have to darken the oval as indicated below on the
correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or put
any mark on any part of the Answer Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to disqualification.
9. Y ou have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
A B C
D
A B C
D
D-01-11 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖê
ÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¤üß‘ÖÔ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ
Æîü •ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
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[Maximum Marks : 100
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 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
0 1
(In figures as per admission card)
D 1 1
Paper-II 2  D-01-11 
 
 
 
 
 
 
1. The Opportunity Cost Curve 
assumes that 
 (A) Labour is the only factor of 
production 
 (B) the price or a cost of a 
commodity can be inferred 
from its labour content 
 (C) Labour is homogeneous 
 (D) None of the above 
 
2. Hedging refers to 
 (A) the acceptance of a foreign 
exchange risk 
 (B) covering of a foreign exchange 
risk 
 (C) foreign exchange speculation 
 (D) foreign exchange arbitrage 
 
3. An increase in the marginal 
propensity to import 
 (A) has the same effect upon the 
multiplier as an increase in the 
MPC 
 (B) has no effect upon the 
multiplier  
 (C) will increase the value of the 
multiplier  
 (D) will decrease the value of the 
multiplier  
 
4. The price elasticity of demand is 
equal to one for a demand curve, 
which is 
 (A) horizontal line 
 (B) vertical line 
 (C) rectangular hyperbola 
 (D) downward moving line 
 
 
 
 
 
5. The third moment around the mean 
is useful to measure 
 (A) central tendency 
 (B) dispersion 
 (C) peakedness 
 (D) symmetry 
 
6. Forward and backward linkages 
were propounded by 
 (A) Gunnar Myrdal 
 (B) Hirschman 
 (C) Boeke 
 (D) Leibenstein 
 
7. If sample statistics ?
1
 is more 
efficient estimator than ?
2
,  then it 
implies that 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. Golden Age hypothesis is concerned 
with 
 (A) natural rate of growth > 
warranted rate of growth 
 (B) actual rate of growth > 
warranted rate of growth 
 (C) warranted rate of growth > 
natural rate of growth 
 (D) warranted rate of growth = 
natural rate of growth 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two 
(2) marks. Attempt all the questions. 
 
 
 D-01-11 3  Paper-II 
 
 
 
 
 
 
1. †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ ¾ÖÛÎú Ûúß ´ÖÖ®µÖŸÖÖ Æîü ×Ûú 
 (A) ˆŸ¯ÖÖ¤ü®Ö ÛúÖ ‹Ûú ´ÖÖ¡Ö ÛúÖ¸üÛú ÁÖ´Ö Æîü … 
 (B) ¾ÖßÖã Ûúß Ûúß´ÖŸÖ †£Ö¾ÖÖ »ÖÖÝÖŸÖ ÛúÖ 
†®Öã´ÖÖ®Ö ˆÃÖÛúß ÁÖ´Ö ´ÖÖ¡ÖÖ ÃÖê »ÖÝÖÖµÖÖ •ÖÖ 
ÃÖÛúŸÖÖ Æîü … 
 (C) ÁÖ´Ö ÃÖ´Öºþ¯Ö ÆüÖêŸÖÖ Æîü … 
 (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
2. ÆîüØ•ÖÝÖ ÃÖÓÛêúŸÖ Ûú¸üŸÖÖ Æîü 
 (A) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö Ûúß Ã¾ÖßÛéú×ŸÖ 
ÛúÖ 
 (B) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö ÛúÖê †Ö¾ÖéŸÖ 
Ûú¸ü®Öê ÛúÖ 
 (C) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ÛúÖ †®Öã´ÖÖ®Ö »ÖÝÖÖ®ÖÖ 
 (D) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ×¾Ö¾ÖÖ“Ö®Ö 
 
3. †ÖµÖÖŸÖ Ûúß ÃÖß´ÖÖ®ŸÖ ¯ÖϾÖé×¢Ö ´Öë ¾Öéרü ÛúÖ 
 (A) ÝÖãÞÖÖÓÛú ¯Ö¸ü ¾ÖÆüß ¯ÖϳÖÖ¾Ö ÆüÖêŸÖÖ Æîü •ÖÖê ×Ûú 
MPC ´Öë ¾Öéרü ÛúÖ ÆüÖêŸÖÖ Æîü … 
 (B) ÝÖãÞÖÖÓÛú ¯Ö¸ü ÛúÖê‡Ô ¯ÖϳÖÖ¾Ö ®ÖÆüà ¯Ö›ÌüŸÖÖ Æîü … 
 (C) ÝÖãÞÖÖÓÛú Ûêú ´Öæ»µÖ ´Öë ¾Öéרü ÆüÖêÝÖß … 
 (D) ÝÖãÞÖÖÓÛú ÛúÖ ´Öæ»µÖ ‘Ö™êüÝÖÖ … 
 
4. ´ÖÖÓÝÖ Ûúß Ûúß´ÖŸÖ »ÖÖê“Ö ´ÖÖÓÝÖ ¾ÖÛÎú Ûêú ×»ÖµÖê ‹Ûú Ûêú 
²Ö¸üÖ²Ö¸ü ÆüÖêŸÖß Æîü, •ÖÖê ×Ûú (´ÖÖÓÝÖ ¾ÖÛÎú) : 
 (A) õÖî×ŸÖ•Ö ¸êüÜÖÖ Æîü 
 (B) ˆ¬¾ÖÖÔÛúÖ¸ü ¸êüÜÖÖ Æîü  
 (C) †ÖµÖŸÖÖÛúÖ¸ü †×ŸÖ¯Ö¸ü¾Ö»ÖµÖ Æîü  
 (D) †¬ÖÖê´ÖãÜÖß ÝÖןִÖÖ®Ö ¸êüÜÖÖ Æîü  
 
 
 
 
 
5. ´ÖÖ¬µÖ Ûêú “ÖÑÆãü †Öê¸ü ŸÖéŸÖßµÖ ´Öæ´Öê®™ü ×®Ö´®Ö×»Ö×ÜÖŸÖ 
ÛúÖ ´ÖÖ¯Ö Ûú¸ü®Öê ´Öë ˆ¯ÖµÖÖêÝÖß Æîü 
 (A) Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö 
 (B) ×¾ÖÃÖ•ÖÔ®Ö 
 (C) ®ÖãÛúß»ÖÖ¯Ö®Ö †£Ö¾ÖÖ ×¿ÖÜÖ¸ü¯Ö®Ö 
 (D) ÃÖ´Ö×´ÖŸÖŸÖÖ 
 
6. †ÝÖÏÝÖÖ´Öß †Öî¸ü ¯Ö¿“ÖÝÖÖ´Öß ÃÖÓµÖÖê•Ö®ÖÖë ÛúÖ ¯ÖÏן֯ÖÖ¤ü®Ö 
×ÛúÃÖÛêú «üÖ¸üÖ ×ÛúµÖÖ ÝÖµÖÖ ? 
 (A) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Ö 
 (B) ÆüÂÖÔ´Öî®Ö 
 (C) ²ÖÖêÛêú 
 (D) »Öî²Ö®ÖÙüß®Ö 
 
7. µÖפü ?
2
 Ûúß ŸÖã»Ö®ÖÖ ´Öë, ¯ÖÏן֤ü¿ÖÔ ÃÖÖÓ×ܵÖÛúß ?
1
 
•µÖÖ¤üÖ ¤üõÖ †ÖÛú»ÖÛú Æîü, ŸÖÖê ‡ÃÖÛúÖ ŸÖÖŸ¯ÖµÖÔ Æîü ×Ûú 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. þÖÙÞÖ´Ö µÖãÝÖ ¯ÖÏÖŒÛú»¯Ö®ÖÖ ×ÛúÃÖÛêú ÃÖÖ£Ö ÃÖ¸üÖêÛúÖ¸ü 
¸üÜÖŸÖß Æîü  
 (A) ÃÖÓ¾Öéרü Ûúß ¯ÖÏÖÛéúןÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (B) ÃÖÓ¾Öéרü Ûúß ¾ÖÖßÖ×¾ÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (C) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü > ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
 (D) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü = ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
®ÖÖê™ü :  ‡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  D-01-11 
9. Which of the following can be 
evaluated with the help of Lorenz 
Curve ? 
 (A) The Allocative and technical 
efficiency of markets. 
 (B) The comparative advantage of 
trading partners and terms of 
trade. 
 (C) The degree of equity in income 
distribution. 
 (D) The equilibrium of market 
prices and quantities 
throughout the world. 
 
10. Which of the following distribution 
function has equal mean and 
variance ? 
 (A) Normal  
 (B) Binomial 
 (C) Hypergeometric 
 (D) Poisson  
 
11. Global 2008 financial crisis was 
created by 
 (A) Nationalised Banks 
 (B) Sub-prime Market lending 
 (C) Bond Market 
 (D) Interest rate mechanism 
 
12. Dr. Y.V. Reddy was 
 (A) Chairman, UTI 
 (B) Chairman, IDBI 
 (C) Governor, RBI 
 (D) Chairman, LIC 
 
13. A term financial liberalisation is 
concerned with 
 (A) Control by the RBI 
 (B) Decontrol and Deregulation of 
financial system in an 
economy 
 (C) Only decontrolling interest rate 
structure 
 (D) Asset-liability efficient 
management of nationalised 
banks 
14. Fiscal deficit is identified as 
 (A) Budgetary deficit + Government 
market borrowing and 
liabilities 
 (B) Total outlay – income received 
 (C) Budget deficit – public 
borrowing 
 (D) None of these 
 
15. Which of the following economist 
developed the concept of 
“immiserzing growth” ? 
 (A) Jagdish Bhagwati 
 (B) Samuelson 
 (C) Mrs. Joan Robinson 
 (D) Harrod-Domer  
 
16. Sustainable health management of 
people in India is concerned with 
 (A) Corporate efficient Hospital 
Management 
 (B) Cost-effective health services 
 (C) Government subsidy on health 
expenditure born by people 
 (D) Development of medical 
tourism 
 
17. Sustainable energy growth depends 
upon 
 (A) Supply side management of 
energy resources 
 (B) Demand side management of 
energy resources 
 (C) Market driven structure of 
tariff of energy consumption at 
given supply of energy 
 (D) None of these  
Page 5


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). Y ou have to darken the oval as indicated below on the
correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or put
any mark on any part of the Answer Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to disqualification.
9. Y ou have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
A B C
D
A B C
D
D-01-11 1 P.T.O.
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5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê ˆ¢Ö¸ü-¯Ö¡ÖÛú ¯Ö¸ü Æüß
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PAPER-II
ECONOMICS
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Paper-II 2  D-01-11 
 
 
 
 
 
 
1. The Opportunity Cost Curve 
assumes that 
 (A) Labour is the only factor of 
production 
 (B) the price or a cost of a 
commodity can be inferred 
from its labour content 
 (C) Labour is homogeneous 
 (D) None of the above 
 
2. Hedging refers to 
 (A) the acceptance of a foreign 
exchange risk 
 (B) covering of a foreign exchange 
risk 
 (C) foreign exchange speculation 
 (D) foreign exchange arbitrage 
 
3. An increase in the marginal 
propensity to import 
 (A) has the same effect upon the 
multiplier as an increase in the 
MPC 
 (B) has no effect upon the 
multiplier  
 (C) will increase the value of the 
multiplier  
 (D) will decrease the value of the 
multiplier  
 
4. The price elasticity of demand is 
equal to one for a demand curve, 
which is 
 (A) horizontal line 
 (B) vertical line 
 (C) rectangular hyperbola 
 (D) downward moving line 
 
 
 
 
 
5. The third moment around the mean 
is useful to measure 
 (A) central tendency 
 (B) dispersion 
 (C) peakedness 
 (D) symmetry 
 
6. Forward and backward linkages 
were propounded by 
 (A) Gunnar Myrdal 
 (B) Hirschman 
 (C) Boeke 
 (D) Leibenstein 
 
7. If sample statistics ?
1
 is more 
efficient estimator than ?
2
,  then it 
implies that 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. Golden Age hypothesis is concerned 
with 
 (A) natural rate of growth > 
warranted rate of growth 
 (B) actual rate of growth > 
warranted rate of growth 
 (C) warranted rate of growth > 
natural rate of growth 
 (D) warranted rate of growth = 
natural rate of growth 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two 
(2) marks. Attempt all the questions. 
 
 
 D-01-11 3  Paper-II 
 
 
 
 
 
 
1. †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ ¾ÖÛÎú Ûúß ´ÖÖ®µÖŸÖÖ Æîü ×Ûú 
 (A) ˆŸ¯ÖÖ¤ü®Ö ÛúÖ ‹Ûú ´ÖÖ¡Ö ÛúÖ¸üÛú ÁÖ´Ö Æîü … 
 (B) ¾ÖßÖã Ûúß Ûúß´ÖŸÖ †£Ö¾ÖÖ »ÖÖÝÖŸÖ ÛúÖ 
†®Öã´ÖÖ®Ö ˆÃÖÛúß ÁÖ´Ö ´ÖÖ¡ÖÖ ÃÖê »ÖÝÖÖµÖÖ •ÖÖ 
ÃÖÛúŸÖÖ Æîü … 
 (C) ÁÖ´Ö ÃÖ´Öºþ¯Ö ÆüÖêŸÖÖ Æîü … 
 (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà … 
 
2. ÆîüØ•ÖÝÖ ÃÖÓÛêúŸÖ Ûú¸üŸÖÖ Æîü 
 (A) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö Ûúß Ã¾ÖßÛéú×ŸÖ 
ÛúÖ 
 (B) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ •ÖÖê×ÜÖ´Ö ÛúÖê †Ö¾ÖéŸÖ 
Ûú¸ü®Öê ÛúÖ 
 (C) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ÛúÖ †®Öã´ÖÖ®Ö »ÖÝÖÖ®ÖÖ 
 (D) ×¾Ö¤êü¿Öß ×¾Ö×®Ö´ÖµÖ ×¾Ö¾ÖÖ“Ö®Ö 
 
3. †ÖµÖÖŸÖ Ûúß ÃÖß´ÖÖ®ŸÖ ¯ÖϾÖé×¢Ö ´Öë ¾Öéרü ÛúÖ 
 (A) ÝÖãÞÖÖÓÛú ¯Ö¸ü ¾ÖÆüß ¯ÖϳÖÖ¾Ö ÆüÖêŸÖÖ Æîü •ÖÖê ×Ûú 
MPC ´Öë ¾Öéרü ÛúÖ ÆüÖêŸÖÖ Æîü … 
 (B) ÝÖãÞÖÖÓÛú ¯Ö¸ü ÛúÖê‡Ô ¯ÖϳÖÖ¾Ö ®ÖÆüà ¯Ö›ÌüŸÖÖ Æîü … 
 (C) ÝÖãÞÖÖÓÛú Ûêú ´Öæ»µÖ ´Öë ¾Öéרü ÆüÖêÝÖß … 
 (D) ÝÖãÞÖÖÓÛú ÛúÖ ´Öæ»µÖ ‘Ö™êüÝÖÖ … 
 
4. ´ÖÖÓÝÖ Ûúß Ûúß´ÖŸÖ »ÖÖê“Ö ´ÖÖÓÝÖ ¾ÖÛÎú Ûêú ×»ÖµÖê ‹Ûú Ûêú 
²Ö¸üÖ²Ö¸ü ÆüÖêŸÖß Æîü, •ÖÖê ×Ûú (´ÖÖÓÝÖ ¾ÖÛÎú) : 
 (A) õÖî×ŸÖ•Ö ¸êüÜÖÖ Æîü 
 (B) ˆ¬¾ÖÖÔÛúÖ¸ü ¸êüÜÖÖ Æîü  
 (C) †ÖµÖŸÖÖÛúÖ¸ü †×ŸÖ¯Ö¸ü¾Ö»ÖµÖ Æîü  
 (D) †¬ÖÖê´ÖãÜÖß ÝÖןִÖÖ®Ö ¸êüÜÖÖ Æîü  
 
 
 
 
 
5. ´ÖÖ¬µÖ Ûêú “ÖÑÆãü †Öê¸ü ŸÖéŸÖßµÖ ´Öæ´Öê®™ü ×®Ö´®Ö×»Ö×ÜÖŸÖ 
ÛúÖ ´ÖÖ¯Ö Ûú¸ü®Öê ´Öë ˆ¯ÖµÖÖêÝÖß Æîü 
 (A) Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö 
 (B) ×¾ÖÃÖ•ÖÔ®Ö 
 (C) ®ÖãÛúß»ÖÖ¯Ö®Ö †£Ö¾ÖÖ ×¿ÖÜÖ¸ü¯Ö®Ö 
 (D) ÃÖ´Ö×´ÖŸÖŸÖÖ 
 
6. †ÝÖÏÝÖÖ´Öß †Öî¸ü ¯Ö¿“ÖÝÖÖ´Öß ÃÖÓµÖÖê•Ö®ÖÖë ÛúÖ ¯ÖÏן֯ÖÖ¤ü®Ö 
×ÛúÃÖÛêú «üÖ¸üÖ ×ÛúµÖÖ ÝÖµÖÖ ? 
 (A) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Ö 
 (B) ÆüÂÖÔ´Öî®Ö 
 (C) ²ÖÖêÛêú 
 (D) »Öî²Ö®ÖÙüß®Ö 
 
7. µÖפü ?
2
 Ûúß ŸÖã»Ö®ÖÖ ´Öë, ¯ÖÏן֤ü¿ÖÔ ÃÖÖÓ×ܵÖÛúß ?
1
 
•µÖÖ¤üÖ ¤üõÖ †ÖÛú»ÖÛú Æîü, ŸÖÖê ‡ÃÖÛúÖ ŸÖÖŸ¯ÖµÖÔ Æîü ×Ûú 
 (A) var(?
1
) > var(?
2
) 
 (B) ?
1
 > ?
2
 
 (C) var(?
1
) < var(?
2
) 
 (D) ?
1
 < ?
2
 
 
8. þÖÙÞÖ´Ö µÖãÝÖ ¯ÖÏÖŒÛú»¯Ö®ÖÖ ×ÛúÃÖÛêú ÃÖÖ£Ö ÃÖ¸üÖêÛúÖ¸ü 
¸üÜÖŸÖß Æîü  
 (A) ÃÖÓ¾Öéרü Ûúß ¯ÖÏÖÛéúןÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (B) ÃÖÓ¾Öéרü Ûúß ¾ÖÖßÖ×¾ÖÛú ¤ü¸ü > †³Öß™ü 
ÃÖÓ¾Öéרü ¤ü¸ü 
 (C) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü > ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
 (D) †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü = ÃÖÓ¾Öéרü Ûúß 
¯ÖÏÖÛéúןÖÛú ¤ü¸ü 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
®ÖÖê™ü :  ‡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  D-01-11 
9. Which of the following can be 
evaluated with the help of Lorenz 
Curve ? 
 (A) The Allocative and technical 
efficiency of markets. 
 (B) The comparative advantage of 
trading partners and terms of 
trade. 
 (C) The degree of equity in income 
distribution. 
 (D) The equilibrium of market 
prices and quantities 
throughout the world. 
 
10. Which of the following distribution 
function has equal mean and 
variance ? 
 (A) Normal  
 (B) Binomial 
 (C) Hypergeometric 
 (D) Poisson  
 
11. Global 2008 financial crisis was 
created by 
 (A) Nationalised Banks 
 (B) Sub-prime Market lending 
 (C) Bond Market 
 (D) Interest rate mechanism 
 
12. Dr. Y.V. Reddy was 
 (A) Chairman, UTI 
 (B) Chairman, IDBI 
 (C) Governor, RBI 
 (D) Chairman, LIC 
 
13. A term financial liberalisation is 
concerned with 
 (A) Control by the RBI 
 (B) Decontrol and Deregulation of 
financial system in an 
economy 
 (C) Only decontrolling interest rate 
structure 
 (D) Asset-liability efficient 
management of nationalised 
banks 
14. Fiscal deficit is identified as 
 (A) Budgetary deficit + Government 
market borrowing and 
liabilities 
 (B) Total outlay – income received 
 (C) Budget deficit – public 
borrowing 
 (D) None of these 
 
15. Which of the following economist 
developed the concept of 
“immiserzing growth” ? 
 (A) Jagdish Bhagwati 
 (B) Samuelson 
 (C) Mrs. Joan Robinson 
 (D) Harrod-Domer  
 
16. Sustainable health management of 
people in India is concerned with 
 (A) Corporate efficient Hospital 
Management 
 (B) Cost-effective health services 
 (C) Government subsidy on health 
expenditure born by people 
 (D) Development of medical 
tourism 
 
17. Sustainable energy growth depends 
upon 
 (A) Supply side management of 
energy resources 
 (B) Demand side management of 
energy resources 
 (C) Market driven structure of 
tariff of energy consumption at 
given supply of energy 
 (D) None of these  
 
 D-01-11 5  Paper-II 
9. ×®Ö´®ÖÖÓ×ÛúŸÖ ´Öë ÃÖê ×ÛúÃÖÛêú ´Ö滵ÖÖÓÛú®Ö Ûêú ×»ÖµÖê 
»ÖÖò¸ëü•Ö ¾ÖÛÎú ÛúÖ ˆ¯ÖµÖÖêÝÖ ×ÛúµÖÖ •ÖÖ ÃÖÛúŸÖÖ Æîü 
 (A) ²ÖÖ•ÖÖ¸üÖë Ûúß †Ö²ÖÓ™ü®Ö ‹¾ÖÓ ŸÖÛú®ÖßÛúß 
õÖ´ÖŸÖÖ 
 (B) ÛúÖ¸üÖê²ÖÖ¸üß Ûêú ÃÖÖ×£ÖµÖÖë ÛúÖ ŸÖã»Ö®ÖÖŸ´ÖÛú 
»ÖÖ³Ö †Öî¸ü ¾µÖÖ¯ÖÖ¸ü Ûúß ¿ÖŸÖí 
 (C) †ÖµÖ ×¾ÖŸÖ¸üÞÖ ´Öë ÃÖ´ÖŸÖÖ Ûúß ×›üÝÖÏß 
 (D) ×¾Ö¿¾Ö ³Ö¸ü ´Öë ²ÖÖ•ÖÖ¸ü Ûúß´ÖŸÖÖë †Öî¸ü 
´ÖÖ¡ÖÖ†Öë ÛúÖ ÃÖ®ŸÖã»Ö®Ö 
 
10. ×®Ö´®ÖÖÓ×ÛúŸÖ ´Öë ÃÖê ×ÛúÃÖ ²ÖÓ™ü®Ö ±ú»Ö®Ö ÛúÖ ´ÖÖ¬µÖ 
†Öî¸ü ¯ÖÏÃÖ¸üÞÖ ‹Ûú ²Ö¸üÖ²Ö¸ü ÆüÖêŸÖÖ Æîü 
 (A) ÃÖÖ´ÖÖ®µÖ 
 (B) ׫ü¯Ö¤ü 
 (C) †×ŸÖ •µÖÖ×´ÖŸÖßµÖ 
 (D) ¯ÖÖòµÖÃÖ®Ö 
 
11. ¾Öî׿¾ÖÛú 2008 ×¾Ö¢ÖßµÖ ÃÖÓÛú™ü ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûêú 
«üÖ¸üÖ ˆŸ¯Ö®®Ö Æãü†Ö Æîü  
 (A) ¸üÖ™ÒüßµÖÛéúŸÖ ²ÖïÛú 
 (B) ÃÖ²Ö-¯ÖÏÖ‡´Ö ´ÖÖÛìú™ü »ÖëØ›üÝÖ 
 (C) ²ÖÓ¬Ö¯Ö¡Ö ²ÖÖ•ÖÖ¸ü 
 (D) ²µÖÖ•Ö ¤ü¸ü µÖÖÓ×®¡ÖÛúß 
 
12. ›üÖò. ¾ÖÖ‡Ô.¾Öß.¸êüøüß £Öê 
 (A) µÖæ.™üß.†Ö‡Ô. †¬µÖõÖ 
 (B) †Ö‡Ô.›üß.²Öß.†Ö‡Ô. †¬µÖõÖ 
 (C) ³ÖÖ¸üŸÖßµÖ ×¸ü•Ö̾ÖÔ ²ÖïÛú (ÝÖ¾Ö®ÖÔ¸ü) 
 (D) ‹»Ö.†Ö‡Ô.ÃÖß. †¬µÖõÖ 
 
13. ‘×¾Ö¢ÖßµÖ ˆ¤üÖ¸üßÛú¸üÞÖ’ ¯Ö¤üÖ¾Ö»Öß ×ÛúÃÖ ÃÖê ÃÖ¸üÖêÛúÖ¸ü 
¸üÜÖŸÖß Æîü ? 
 (A) RBI «üÖ¸üÖ ×®ÖµÖ®¡ÖÞÖ 
 (B) †£ÖÔ¾µÖ¾ÖãÖÖ ´Öë ×¾Ö¢ÖßµÖ ¯ÖÏÞÖÖ»Öß ÛúÖ 
†×®ÖµÖ®¡ÖÞÖ ŸÖ£ÖÖ †×¾Ö×®ÖµÖ´Ö®Ö 
 (C) ×ÃÖ±Ôú ²µÖÖ•Ö Ûúß ¤ü¸ü Ûêú œÌüÖÓ“Öê ÛúÖê 
†×®ÖµÖ×®¡ÖŸÖ Ûú¸ü®ÖÖ 
 (D) ¸üÖ™ÒüßµÖÛéúŸÖ ²ÖïÛúÖë ÛúÖ ¯Ö׸üÃÖ´¯Ö×¢Ö-¤êüµÖŸÖÖ 
Ûãú¿Ö»Ö ¯Öϲ֮¬Ö 
14. ¸üÖ•ÖÛúÖêÂÖßµÖ ‘ÖÖ™üÖ ×®Ö´®Ö×»Ö×ÜÖŸÖ ÃÖê ŸÖÖ¤üÖŸ´ÖµÖ 
¸üÜÖŸÖÖ Æîü 
 (A) ²Ö•Ö™üßµÖ ‘ÖÖ™üÖ †Öî¸ü ÃÖ¸üÛúÖ¸üß ²ÖÖ•ÖÖ¸ü 
ˆ¬ÖÖ¸ü †Öî¸ü ¤êüµÖŸÖÖ‹Ñ 
 (B) Ûãú»Ö ¯Ö׸ü¾µÖµÖ – ¯ÖÏÖ¯ŸÖ †ÖµÖ 
 (C) ²Ö•Ö™ü ‘ÖÖ™üÖ – »ÖÖêÛú ˆ¬ÖÖ¸ü 
 (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà 
 
15. “‡´ÖßÃÖ¸üևؕÖÝÖ ÃÖÓ¾Öéרü” Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ×ÛúÃÖ 
†£ÖÔ¿ÖÖáÖß ®Öê ×¾ÖÛú×ÃÖŸÖ Ûúß ? 
 (A) •ÖÝÖ¤üß¿Ö ³ÖÝÖ¾ÖŸÖß 
 (B) ÃÖî´µÖã»ÖÃÖ®Ö 
 (C) ÁÖß´ÖŸÖß •ÖÖò®Ö ¸üÖòײ֮ÖÃÖ®Ö 
 (D) Æîü¸üÖê›ü-›üÖê´Ö¸ü 
 
16. ³ÖÖ¸üŸÖ ´Öë »ÖÖêÝÖÖë ÛúÖ ¬ÖÖ¸üÞÖßµÖ Ã¾ÖÖãµÖ ¯Öϲ֮¬Ö®Ö ÛúÖ 
ÃÖ¸üÖêÛúÖ¸ü ×ÛúÃÖÃÖê Æîü ? 
 (A) ÛúÖò¸ü¯ÖÖê¸êü™ü-Ûãú¿Ö»Ö †Ã¯ÖŸÖÖ»Ö ¯Öϲ֮¬Ö®Ö 
 (B) »ÖÖÝÖŸÖ-¯ÖϳÖÖ¾Öß Ã¾ÖÖãµÖ ÃÖê¾ÖÖ‹Ñ 
 (C) »ÖÖêÝÖÖë «üÖ¸üÖ ¾ÖÆü®Ö ×ÛúµÖÖ •ÖÖ®Öê ¾ÖÖ»ÖÖ 
þÖÖãµÖ ¾µÖµÖ ¯Ö¸ü ÃÖ¸üÛúÖ¸üß †£ÖÔ ÃÖÆüÖµÖŸÖÖ 
 (D) דÖ×ÛúŸÃÖßµÖ ¯ÖµÖÔ™ü®Ö ÛúÖ ×¾ÖÛúÖÃÖ 
 
17. ¬ÖÖ¸üÞÖßµÖ ˆ•ÖÖÔ ×¾ÖÛúÖÃÖ ×ÛúÃÖ ¯Ö¸ü ×®Ö³ÖÔ¸ü Ûú¸üŸÖÖ Æîü ? 
 (A) ˆ•ÖÖÔ ÃÖÓÃÖÖ¬Ö®ÖÖë ÛúÖ †Ö¯ÖæÙŸÖ-¯ÖõÖ ¯Öϲ֮¬Ö®Ö 
 (B) ˆ•ÖÖÔ ÃÖÓÃÖÖ¬Ö®ÖÖë ÛúÖ ´ÖÖÓÝÖ-¯ÖõÖ ¯Öϲ֮¬Ö®Ö 
 (C) ˆ•ÖÖÔ Ûúß ¯ÖϤü¢Ö †Ö¯ÖæÙŸÖ ¯Ö¸ü ˆ•ÖÖÔ ˆ¯Ö³ÖÖêÝÖ 
Ûêú ¯ÖÏ¿Öã»Ûú ÛúÖ ²ÖÖ•ÖÖ¸ü “ÖÖ×»ÖŸÖ œÌüÖÓ“ÖÖ 
 (D) ‡®Ö´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà