D12EcoPII-31-40

 UGC NET Economics (Paper-II)  Dec -2012  

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Q. Nos. 31-40 : Read the questions and select the correct sequence from the codes given below :

31.  Identify the order of chronological development of the theory of demand.
a. Marshall’s theory of demand
b. Indifference curves
c. Revealed preference theory
d. Weak Preference ordering theory of demand.
Codes :
a, c, d, b
d, b, a, c
a, c, b, d
a, b, c, d

32.  Identify the correct chronological order of the following theories :
a. Cambridge version of quantity theory of money.
b. Fisher’s version of quantity theory of money.
c. Tobin’s theory of demand for money.
d. Baumol’s theory of demand for inventory.
Codes :
c, d, a, b
b, a, d, c
d, a, b, c
a, b, c, d

33.  Identify the correct chronological order of the following :
a. Keynes’ consumption function
b. Life Cycle hypothesis
c. Relative income hypothesis
d. Friedman’s permanent income hypothesis
Codes :
d, b, a, c
b, a, c, d
a, c, d, b
c, d, b, a

34.  Identify the correct chronology of stages of Marxian model of economic development.
a. Capitalist crisis
b. Capital accumulation
c. Surplus value
d. Materialistic interpretation of history
Codes :
b, a, c, d
c, d, b, a
d, c, b, a
c, b, a, d

35.  The sequencing process of Harrod’s model of development is
a. Natural growth rate
b. Warranted growth rate
c. Actual growth rate
d. Divergence
Codes :
d, c, b, a
c, b, a, d
b, a, d, c
a, d, c, b

36.  Arrange the following summits of SAARC members in order in which these were organized :
a. New Delhi
b. Bangalore
c. Islamabad
d. Kathmandu
Codes :
a, c, d, b
a, b, c, d
b, d, c, a
c, b, a, d

37.  Arrange the structure of balance of payments accounts in which these items appear :
a. Capital account
b. Errors and omissions
c. Current account
d. Official settlements account
Codes :
a, b, c, d
c, a, d, b
d, c, b, a
c, d, a, b

38.  State the order of the appointment of the following as chairman of Finance Commission :
a. K.C. Neogy
b. K. Brahamanand Reddy
c. N.K.P. Salve
d. A.K. Chanda
Codes :
a, c, b, d
a, d, b, c
a, c, d, b
a, b, d, c

39.  Indicate the sequence of the following in terms of the implementation.
a. Income Tax
b. Expenditure Tax
c. Value Added Tax
d. Fringe Benefits Tax
Codes :
a, c, b, d
a, b, c, d
b, c, d, a
c, d, a, b

40.  Determine the order in which the following were developed
a. Fisher’s F test of significance of differences between the means of more than two samples.
b. Gosset’s t-test of difference between the means of two samples.
c. Pearson’s correlation coefficient.
d. Spearman’s rank correlation coefficient.
Codes :
a, b, c, d
b, a, c, d
c, b, a, d
d, a, b, c

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Mr U Sangam Kumar Patro , 4th semester, ICT

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