J12EcoPII-11-20

UGC NET (June 2012, Paper-2) Mock Test on  Economics  [1-10]  [11-20]  [21-30] [31-40]

1.Under the revised Index of Industrial Production (IIP) series, with 2004-05 as the base, the total number of items covered has increased from 538 to:
682
662
652
642

2. Which one of the following States had the highest per capita income in 2009-10 ?
Punjab
Haryana
Madhya Pradesh
Delhi

3.Which one of the following States had the highest number of branches of Regional Rural Branches (RRBs) in 2010 ?
Bihar
Haryana
Madhya Pradesh
Punjab

4. Growth of Indian agriculture has been slowed down since the adoption of new economic policy due to
1. low increase in crop yield
2. low or no public investment
3. stagnant green revolution technology
4. low retail market prices of agricultural produce Answer this question by selecting the correct combination of codes given below :
Codes :
1, 2, 3, 4
2, 3
1, 2, 3
1, 4
5.According to the monetarists, money supply constitutes
Currency + demand deposits
Currency + demand deposits + time deposits
Currency + demand deposits + time deposits + equity shares
Currency + all kinds of bank deposits + deposits with other institutions + borrowing

6.Which of the following is not a specialized sub market of the money market ?
Collateral loan market
Discount market
Bond market
Acceptance market

7.Arrange the following Committees in chronological order from the given codes
I. Khusro Committee
II. Dantwala Committee
III. Narasimham Committee
IV. Kelkar Committee

8.A Assertion (A) : The working of Regional Rural Banks (RRBs) revealed that they eroded their capital base. Reason (R) : Many RRBs are nonviable and having high
operating costs. Of the above two statements, give the correct answer from the given codes:
codes :

(A) Both (A) and (R) are correct and (R) is the correct explanation of (A).
(B) Both (A) and (R) are correct, but (R) is not the correct explanation of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.

9.Which of the following institutions are regulated by the RBI as All India Financial Institution ?
I. Export Import Bank of India II. National Housing Bank III. State Bank of India IV. Small Industries Development Bank of India
Select the correct answer from the given code .
Codes :
I, II and IV
II, III, IV
I & II
III & IV

10.Core inflation is a measure of inflation
that is based only on food and energy prices
that includes items that face volatile price movements, notably food and energy
that excludes items that face volatile price movements, notably food and energy
None of the above

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