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31.The statistical calculations in classified data are based on?
(A) The actual values of observations
(B) The upper class limits
(C) The lower class limits (
D) The mid-points of the classes
32.The concept of merit goods has been introduced by?
(A)Buchanan
(B)Musgrave
(C)Samuelson
(D) Tiebout
33.The Child Labour (Prohibition and Regulation) Act, 1986 prohibits
the employment of Children below the age of?
(A) 10 years
(b)12 years
(c)14years
(d)16years
34.ThePrime Lending Rate of Commercial Banks are decided by?
(A)Positive
(B) Negative
(C)Zero
(D)Infinite
35.The cross elasticity of demand for substitute
commodities is always? (A)Positive
(b)Negative
(C)Zero
(D)Infinite
36.The K-factor analysis is related with?
a)Economicgrowth rate
b)Tendsin foreign trade
(c)causesof mortality
(D)Infrastructure facilities
37.The „knife-edge equilibrium' in Harrod's model
is an equality between?
(A) G and Gw
(b)Gw and Gn
(c)G and Gn
(D) G,Gw and Gn
38.Stratified sampling is preferred, where?
(A) Population is homogeneous
(B) Population is heterogeneous
(C)Random sampling is not possible
(D)Small samples are required
39.Pure interest is?
(A) Equal to the gross interest
(b)Less than gross interest
(c)More than gross interest
(D) Not related to gross interest
40.Which of the following is totally different from logical multiplier?
(A) Instant multiplier
(b)Lagless multiplier
(c)Static multiplier
(D) Dynamic multiplier
Answers
30B
31D
32B
33C
34B
35A
36 C
37D
38B
39D
40D
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