bhu pet 2012 m.a. econamices

8/12/2019 BHU PET 2012 M.a. Econamices

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Set No. I Question Booklet No. 0086412P/239/29

To be filled up by the candidate by hluelh/ack ball-point pen)Roll No. LI_- -_- -_- -_- -_- -_-L_-L_ _Roll No. Write the digits in words) ......................................................................................Serial No. of Answer Sheet ............................................. . .Day and Date ................................................................... Signature of Invigilator)

INSTRUCTIONS TO CANDIDATESUse only bluelb/llck ball-point pen in the space above and on both sides of the Answer Sheet)1. Within 10 minutes of the issue of he Question Booklet, check the Question Booklet to ensure that itcontains all the pages in correct sequence and that no page/question is missing. In case of faultyQuestion Booklet bring it to the notice of the Superintendentlfnvigilators immediately to obtain afresh Question Booklet.2. Do not bring any loose paper, \vritten or blank, inside the ExaminatiOn Hall except theAdmit CardwitllOut it envelope.3. A separate Allswer Sheet is given. It sh{}uld not he folded or mutilated. A secondAmwer Sheetshall m t he provided. Only the Answer Sheet will he evaluated.4 Write your Roll Number and Serial Numberofthe Answer Sheet by pen in the space prvided above.5. On tile front page oftlte Answer Sheet, write by pen your Roll Number in the space provided atthe top mul by darkening the circlesat tlte bottom. Also, wherever applicable, write the QuestionBooklet Number lIntlthe Set Number in appropriate p/a.ces.6 No overwriting b, allowed in the entries of Roll No., Question Booklet no. and Set no. (if allY)

011 OMR sheet and Roll No. ami OMR sheet no. on the Queston Booklet.7. Any change in the aforesaid entries is to be verified by tlte invigilator. otherwise it will he takenas ult/airmealls.8. Each question in this Booklet is followed by four alternative answers. For each question, youare to record tlte correct option Oil the Answer Sheet by darkening flte appropriate circle in thecorresponding row o he Answer Sheet, by pen as mentioned in the guidelines gh en on tltefirst page of the Answer Sheet.9. For each question, darken only one circle on the Answer Sheet. Ifyou darken more than one circle

or darken a circle partially, the answer will be treated as incorrect.10. Nole thalthe answer once jllled in ink cannof he changed. i you do 1101 wish 1 attempl aquestion, leave all the circles in Ihe corresponding row blank (such question will be awardedzero marks).11. For rough work, use the inner back page of the title cover and the blank page at the end of this

Booklet.12. Deposit only OMR Answer Sheet at the end of the Test.13.You are not permitted to leave the Examination Hall until the end of the Test.14. If a candidate attempts to use any form ofunfair means, he/she shall be liable to such punishment asthe University may determine and impose on him/her.

Total No. of Printed Pages :48 ~ Rfu if 31f.frq 3If


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ROUGH WORK()I;q;l'f

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12P/239/29No. of Questions : 150

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'lPJ11R BTm fl TliTiirffi fwT


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1""1fc'lfuiii it i l 'fiR _


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09. To know the elasticity at a point, by point method, we use the formula:(1) Lower segment/upper segment(2) Upper segment/lower segment(3) Upper segment x lower segment(4) Lower segment - upper segmentfoR urn B, fi.f;ffi foR ~ if; f01:\ t: l wr q;r m ~ t1) =/a;Q,l@o,;2) -a;'fi\ = / ~ =3) -a;'fi\ = x =4) ~ = ; r n J =

10 Wh',--h one cJ ihe folk,wi:ig does not measure Cross-elasticity of demand between goods A and B ?P1 1f


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i< hlctl1 (1Jll(I ' SI> (LAC) ' ft i aTI'l:j(3) f'l'ilIQ1 'R O>j>:j

(2) QRiH;1 'R O>j>:j(4) 'lit


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15 As per the Classical theory of intbtinD Tlll11CY ~ ' . . - l p p l y ClaSLi(:i1s erprice' level is :(lJ Zero (2i Squa to onc',,')J [ thcss an OIle ( +j (;[ (';.11(:1 t.he-Ill onc

(2) S0--:]J 7.tl- WFTxiJ.) %1?; .:'11 1Tr:f,

16 In the CUll led of Pcrmanl:nt Income H.vpothf:sis of l i l t ; : ~ l l r ) \ I ' ; ~ , ~ w t ( ' ment is incorrect:(1) Higher the ratio of nOfl-huIT;dn wca. lh to tt,J;,1 ~ l H o m _ 11',:,11< - i ' ~

the incentive to save.(2) Actual Consumption

Consumption.Permancnt Consumption + T r . : m ~ ) l 1 ( : ; Y

(3) P < ; ~ r t n a n c n t Consumption is not correlated WIth Tnmsitmy Con"sumption.

14 J Fk,th (2) and (:3)"",Nl 3lT'l 'lft'l>:,,'iR" 1l i 'l ,o;rr


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17 :,\::;j,h 0: the i ' ( i l)Ting iR faise ilbtJul flwl1npoJistic compcli l ion?; J I A nlll i . lhcr O l ~ ~ . ( ; l l ( l ~ unci Luyers(1) SOIlk s d J i : r ~ ; C'Olltro; the major pcrtinn 1)[ the total ( ~ d t p u t(3) 111CtC i_s prcducL diiTcl'cntiation(4) The,...:: IS L-..::c ( ;nt ry ::nd Chi t 0[fi1 ;115

f . l ~ : ; : r ~ f { 9 - ~ i:- if C i ~ ~ l ' n . ; H ~ t f q T U i : F f : ) j ~ - ' P i r R f f i i ~ r { -q ~ - f ,( 1)(21P)

3"l q; ~ 0 f T Vi f-i:l$-m'f>8 t


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fqfild llT'l qj j i 'll'IT iiffifT t(1) ~ l l i l U " FlfR #(2) aR llf'l'lilU " FlfR #(3) 'r'fdQI 1Ri4l,jj " FlfR #(4) 1l ' 'Iflfq;RIlQ; lIfd4l'JJ " FlfR #

20 In order to calculate NNP at Factor cost:(1) Indirect tax is subtracted and subsidies added to NNP at Market

Price2) Indirect tax is added and subsidies subtracted from NNP at mar-ket Price

(3) Corporate Income tax is subtracted and Transfer payment addedto NNP at Market Price

(4) None of the aboveW R


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22. Which of the following statement is incorrect about Marginal Effi-ciency of Investment MEI) ?1) MEI curve works as investment demand curve2) The slope of MEI curve depends on slope of the supply curve ofcapital asset3) MEI curve is steeper than Marginal Efficiency of Capital curve.(4) None of the above

'- il m: qi) IGTiil(3) ~ - ' I f < if "'I1'i1 'Ift-..::>: if QR'1d'i -;ffi q ft(4) .nfi;q; >T'lI'HIIMl ~

24. Modern theory of interest considers:1) Monetary variables only2) Real variables only3) Non economic variables only

(4) Both the monetary and the real variables

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'''If''T 8 m ~ f 1 ",hi, :m'11fu :(1) -.m l1:(2) qlklf'l 'h -.m'R(3) ih: -:mf$l; -.m l1:(4) -.m ~ q l k l f ~ ' h -.m'l1:

25 Which of the following is incorrect about High Powered Money H) ?1) H = Currency with the Public + Cash Reserve of Bank + Other

Deposi[s of RBI(2) High Powered Money doesn't included demand deposits(3) The total supply of money is a certain m ultiple of high poweredmoney4) None of the above

$ H) ~ ~ f i l -;ft-i'l il B q;'t;j "ill"ih'R IT


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' ~ I , { l ~ q;-[ R'1Rur W


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qft W4Hl ~ -w:: if it H 1fclflgd it UT q;\ R ' lMlf ?(1) frn it ~ UT' qft ft[4 'f l 'I11lf\llnd frn(3) qft W'lHl ' frn qft l11>1 ' it. Wi ' f>(dl(4) i l 'f;ff

31 Price Line shows:1) Income of the consumer

(3) Liking of the consumerqft


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f-l 1R1f&d if q}.f m I> R R IO ?(1) ~ " f ' i l f u if q>RUI q l ~ l < 1 < ' t > O /IOI if "",lit mol(2) t 'fi1f aUt1


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~ ' l ftl>:lfij fm1if ' ill :(1) < 1 1 ' P P 1 1 T l i t ~ (2) jMH


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T( 1O ~ OB' 'IT'ilR if m< R iI


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f'I"lf


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'lR


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a ~ I I ; 1 d I ' r q ~ < i l q o l if "l "IIo it 3Rf1fu 6 ' ~ WIT i :(1) ~


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l7T 'J f.ro mm t "'" :(1)


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'it q;] 'll Il1: f.rlil' ",lilil( 'I1ff fiIT :( 1 ) ' w it 31f(r cl< 11 -.it (2) f.rq\o i 31f(r cl < 11 -.it

58. Classical economics does not accepts:(1) Voluntary unemployment (2) Dis guised unemployment3) Frictional unemployment 4) General unemployment

~ 1 I < f f i ~ 3 1 ~ +


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T ffi"uT(3) (4) ~ f < l G : f - j ; ~ " " if; Ii R "\1f.>:r

63 Relative Income Theory of consumption was given by ?(1) Duesenberry (2) Modigliani(3) Friedman (4) Kuznetsoq.j)lj l 1 k ~ h 3ll' ffl4ilOf fl;


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64 Euler s Theorem is based on which of the following assumptions:1) Dynamic economy2) Constant returns to scale(3) Short-run(4) Variable relative shares of factors'i R q;r wF PiI"'1f


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67 If a ~ MPC and p ~ accelerator, constant amplitude trade cycle willbe ~ o r m e d ifIf


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71. Which one of the following is false?(1) GNP GDP + Net Foreign Income(2) NNP GNP - Depreciation(3) NDP GDP - Depreciation(4) NNP at Factor Cost) NNP at market price) + subsidiesfoj'"'1fclf@ q;j Br" ~ i 'it w(3) om>: m i


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84 f Average Revenue function is AR = 25 - 2x then MR will be :>rfu _ 3lJlTll ' l it 'R AR ~ 25 -2x fJ]ql il 3lJlTll mm :(1) 25-x (2) 25 - 3x (3) 25 -4x (4) 25-2x4

85 What would be the marginal cost at 6th Unit if the total cost functionof a producer is TC = x 2 - 7x 25 ?>rfu 1l: fi 3< 11Jjql il 1ffil l(f "tfWR 6x + 3, m it "('TITj( "tfWRmm :(1) 3x' + 3x - 100 (2) 3x' + 3x + 100(3) 3x' - 3x - 100 (4) 3x' - 3x + 100

88 Ifwe replace rows to columns and columns 10 rows in a determinantthen the value of determinant will :(1) Change2) Change in Positive sign(3) Not change but sign will change(4) Not change

29 P.T.O.

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94 Which onc of the following is not true about mode)(I) It is simple(2\ It is completely understood(3) t is not affected by values of extremed item -,(4) I t is based on all the observations of a s r i ~, \\


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1Z'Ii ril iI; Rf'l> 'Rl iI; iI; "'{h4 iI; 'lfiJlctl "4T"'l iI; "'{h4 q;],t:(I) fl'::i:mfi"4T"'l(3) 6(1,4'h 4T 'l

(2) 'll f4 R1 'h "4T"'l(4) ' 4T 'l

97 Which one of the following relation is correct in general?J) Arithmetic mean> Geometric mean> Harmonic mean2) Arithmetic mean Geometric mean Harmonic mean3) Arithmetic mean = Geometric mean = Harmonic mean4) Arithmetic mean = Geometric mean * Harmonic mean

Pl''1f 'lifyR1'h "4T"'l > 6(11'h "4T"'l

(2) 3i'l>'lfUrffi'I 4T 'l < 'lifyR1'h "4T"'l < ,HI1'h "4T"'l(3) 3 i ' h ' l f U l ( 1 1 ~ 4 T ' l 0 'lifyfd'h "4T"'l 0 ~ ( I 1 ' h "4T"'l(4 i 3i'h'lfiJld'I'I 4T 'l 'llfilfd'h "4T"'l 6'.I1'h 4T 'l

98 Who is the Chairman of Planning Commission of India?1) Prime Minister 2) President of India3) Finance Minister 4) None of the above

aw r q j 3 l ' l ~ m t ?(2) = j ( I ~ q f dI) , ' R1i"5i\

(3) m-.M\ (4) aqg'" i i\ -;;m99 Eleventh Five Year Plan was started in :

(I) 2005 (2) 2006 (3) 2007 (4) 2008

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IRl'I oft :(1) 20051\ (2) 20061\ (3) 20071\ (4) 20081\

1 _ Which one of the following is known as average of position?1) Mean (2) Median3) Geometric Mean (4) Harmonic mean

(1) l M (2) llIftll ilil(3) 'llfqRtq; l M (4) ~ ( l i I l q ; l M

101 Which one of the following is ot a measure of central tendency ?(1) Mean 2) Mean-Deviation(3) Median 4) Second Quartile

(1) 1lI f

102 National Income data in India are compiled by :(I) Planning Commission2) Central Statistical Organization3) Finance Ministry4) Ministry of Planning

'lR


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103 Which one of the following is a formula for calculative mean deviationin a discrete series ?

Efx(1 ) n (2)ErdEr (3)

E 6


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107.Standard coefficient of dispersion is :

(1 ) ra (2) ar (3) a .(4) -Xlcr108 The target of agriculture growth rate in the Eleventh ive Year Planis :

(1) 4 Percent (2) 3 Percent (3) 5 Percentl ~ R ~ 4 1 jil< ltIM ii' if; F< II


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111 :" Lorenz curve is a straight diagonal line it shows that the distribu-: :J:1 15 :[I) Equal (2) Highly unequal(3) Unequal (4) Unequal of low degree


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114 Which of the following concept is ot used in the measurement ofunemployment in India ?(1) Usual status (2) Annual status(3) Weakly status (4) Daily statusf.ri:;r i "\l a:momurr 'l>l wi\>r ' lm i 'l(I I'IHl ' IT(fJ ~ ?( 1 ) IqHI ft>lfu (2) mfiflfu(3) I ft>lfu (4) $r ft>lfu

115 Which of the following States has highest Sex Ratio in India?(1) Tarnil Nadu (2) Kerala (3) Gujarat (4) Orissa' lm iI f.r:(1)


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-.:t Ti it, f ;mi j ;m q;rofi l .'i -qfq mM t iI ?(I) 1/21 (2) 1/25 (3) 2 3 (4) 3/22

l21. Rostows s.ystem has five stages. Which one of the following is the laststage?(1) The traditional society(2) Drive to maturity(3) Take-off(4) Age of high-mass-consumption

39 P.T.O.

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{ 1 ' ~ 1 ~


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129. Which one of the following is not true about Labour intensive tech-niques ?1) t increases labour productivity2) t increases labour employment

(3) t reduces income disparity(4) t suits to small scale productionW ll'ilR ~ :(1) 2006-07 (2) 2007-8 (3) 2008-08 (4) 2009-10

132.Big-push theory has been propounded by :(1) Ragnar Nurkse (2) W.A. Lewis(3) W.W. Rostow (4) Rosenstein Rodanm i\; f . ( 1 O i i I ~ T ~ R l q I G I A>


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"ihlf"'l'fi "'iIfiI;


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f.j lf


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142 In India, a large farmer by definition is that who owns a land areaequal to or more than:(1) 3 ha (2) 5 ha (3) 8 ha (4) 10 haIT[ if '


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147. n India, the investment limit fIxed for Micro or Tiny Enterprises on2nd October 2000, is :(1) 10 Lakh (2) 25 Lakh (3) 75 Lakh ( 4 ) I Crore2 ~ 2000


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