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:: Economics-10
21.If the covariance of two variables is equal to the product 
of the standard deviations of the variables, then the correlation
 coefficient will be? 
(A) -1
(B)+1
(C)0
(D)Between 0 and -1
 
22 The term „Animal Spirit' was used by Keynes for? 
(A) Consumption
(b)Investment
(c)Income
(d)Interest
 
23.The index of Financial Inclusion has been launched for the
 first time in 2008 by? 
(A) Confederation of Indian Industries (CII)
(B) Federation of Indian Chamber of Commerce and Industry (FICCI)
(C)National Council of Applied Economic Research (NCAER)
Indian Council for Research on International Economic Relations (ICRIER)
 
24.Theelasticity of factor substitution for constant elasticity substitution
 production function is always?
(A)Zero
(B)One
(C)A positive value
(D) A negative value
 
25.TheRevealed Preference theory assumes? 
(A) Weak ordering
(b)Strong ordering
(c)Constant ordering
(D)Multiple ordering
 
26.Which of the following is not an item of transfer payment? 
(A)Pension
(b)Scholarship
(c)Dividend 
(D) Subsidy
 
27 The United Nation's Millennium Development Goals are
 to be reached by the year?
(A)2010
(B)2015
(C)2020
(D)2025
 
 
Answers
 

21 B
22 D
23 D
24 C
25 B
26 C
27 B




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