UGC NET Mock Test 18 on Economics – 20 Questions for Practice

 

Take Test 18 20 questions for Practice – Economics Test 18

 

1. If the demand for money is perfectly interest inelastic, the LM schedule will be
a.
b.
c.
d.

2. Marginal Revenue of a Monopoly firm is less than the price because _____
a.
b.
c.
d.

3. Which of the following represents the concept of human capital?
a.
b.
c.
d.

4. Capital to risk-weighted asset ratio of all scheduled commercial banks in India under the Basel – I framework is stipulated at the minimum of
a.
b.
c.
d.

5. The classical economists focussed on the role of money as ____
a.
b.
c.
d.

6. Which of the following financial institutions are operating in the money market? 1. Non-banking financial institutions 2. Acceptance Houses 3. Central Bank 4. Stock Exchanges Select the correct answer from the given codes:
a.
b.
c.
d.

7. In Joan Robinson’s growth model, capital accumulation depends on
a.
b.
c.
d.

8. In Hicks’ neutral technical progress, the technical progress is
a.
b.
c.
d.

9. Quantum of food subsidy was highest in the year
a.
b.
c.
d.

10. Which of the following is broad money (M3) in India?
a.
b.
c.
d.

11. The concept of ‘learning by doing’ was given by
a.
b.
c.
d.

12. Low productivity for agriculture in India is attributed to
a.
b.
c.
d.

13. In dual gap model, the gap can be filled up by
a.
b.
c.
d.

14. Productivity of Indian agriculture can be enhanced by 1. Increased public investment 2. Increased irrigation facilities 3. Higher support price to the farmers 4. Shifting workers from industry to agriculture Select the correct answer from the given codes:
a.
b.
c.
d.

15. For inferior goods, income consumption curve and Engel's curves are
a.
b.
c.
d.

16. High powered money comprises
a.
b.
c.
d.

17. Identify sources of agricultural credit in India from the code given below: 1. Commercial Banks 2. Money Lender 3. Regional Rural Bank 4. Small Industries Development Bank of India
a.
b.
c.
d.

18. Assertion (A): The capital base of regional rural banks (RRBs) is found to be weak. Reason (R): Deposit mobilization of RRBs has been inadequate. From the above two statements, select the correct answer from the given codes.
a.
b.
c.
d.

19. Which of the following is disadvantageous to developing countries’ international trade?
a.
b.
c.
d.

20. Which of the following did not contribute significantly to inflationary pressure in Indian economy in 2010-11?
a.
b.
c.
d.


 


 
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