41.Availability hypothesis explains a country's
(A) Production capacity
(d) Natural resources availability
(e) Commodity composition of foreign trade
(D) Consumption pattern
41. For a Giffen good
(A) Income effect is positive and substitution effect is negative
(b) Income effect is negative and substitution effect is positive
(c) Income effect and substitution effect both are positive
(D)Income effect and substitution effect both are
42. To meet the objective of inflation control, the Central Bank
should adopt following policy measures
(A) Increase in cash reserve ratio, along with purchase of
securities under open market operations
(b) Increase in cash reserve ratio, along with sale of
securities under open market operations
(C) Decrease in cash reserve ratio, alongwith purchase
of securities under pen market operations
(d) Decrease in cash reserve ratio, alongwith.
43. sale of securities under open market operations
The relative measures of dispersion are generally called?
(A) Dispersion coefficient
(B) Dispersion multiplier
(c) Dispersion accelerator
(D) Dispersion variable
45. Which of the following is not expressed by a transformation curve?
(A) Choice
(b) Scarcity
(c) Factor price
(D) Opportunity cost
46. The central theme of the World Development Report, 2009 pub
lished by the World Bank is?
(A) Agriculture for development
(b) Development and next generation
(c)A better investment climate for every one
(d)Reshaping economic geography
47. Under the first degree of price discrimination in discriminating monopoly,
the consumer's surplus will be?
(A)Zero
(B) Maximum
(C) Minimum
(d)Indeterminate
48. A rational consumer moves to a higher indifference curve due to?
(A) Monotonic preference
(B) Polytonic preference
(C) Convex preference
(D) Concave preference
49. When was the concept of core sector introduced in Indian industries ?
(A) 1970
(B) 1980
(C) 1990
(D) 2000
50 .Which is the apex bank for micro finance in India?
(A) State Bank of India
(B) Industrial Development Bank of India
(C) Small Industries Development Bank of India
(D) National Bank for Agriculture and Rural Development
Answers
41 B
42 B
43 B
44 A
45 C
46 B
47 A
48 C
49 A
50 D
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