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

1. Which of the following is disadvantageous to developing countries’ international trade?

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

3. In Joan Robinson’s growth model, capital accumulation depends on

4. Which of the following is broad money (M3) in India?

5. For inferior goods, income consumption curve and Engel's curves are

6. Quantum of food subsidy was highest in the year

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

8. Which of the following represents the concept of human capital?

9. The classical economists focussed on the role of money as ____

10. High powered money comprises

11. If the demand for money is perfectly interest inelastic, the LM schedule will be

12. 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

13. Low productivity for agriculture in India is attributed to

14. 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.

15. In Hicks’ neutral technical progress, the technical progress is

16. In dual gap model, the gap can be filled up by

17. 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:

18. Which of the following did not contribute significantly to inflationary pressure in Indian economy in 2010-11?

19. The concept of ‘learning by doing’ was given by

20. 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: