UGC NET Paper 2 — Economics
607 questions across 5 years
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40 questions shown from 2024.
India's share in the semiconductor global talent pool is:
The new talented skilled workforce in India will come mainly from:
Which of the following is the apex decision-making body of WTO?
Match List-I with List-II.
Match List-I with List-II.
At present, in total foodgrain (includes cereals and pulses) production the share of Kharif and rabi crops is
Arrange the following countries with respect to their value added from Agriculture, forestry and fishing as a percent to GDP for the year 2022, in descending order:
Which of the following states the Gravity model correctly?
Which of the following are the participants in T-Bills Market? A. Reserve Bank of India B. Commercial Banks C. Foreign Banks D. Provident Funds E. Corporates Choose the correct ans...
Which of the followings is not true in case of expansionary fiscal policy?
Arrange the following rounds of tariff negotiations of GATT sequentially (oldest being the first):
Which of the followings is not true in case of intergenerational burden of public debt? A. Govt. borrowing can crowdout investment which will reduce future output and wages B. Futu...
Which of the following properties is satisfied in case of "fishing in an ocean"?
Arrange the following poverty estimation committees in sequence (oldest being first): A. Lakdawala Committee B. Dandekar, V.M. and N. Rath C. NITI Aayog D. Tendulkar Committee E. R...
Which of the following are the benefits of globalisation? A. Increase in competition would make companies more cost & quality conscious and innovative. B. An open economy spurs inn...
If the cost and demand functions of the firm are given respectively as $C=1064+5x+\frac{x^2}{25}$ and $P=157-3x$, then sale of output at which profit would be maximum is:
Arrange the following states based on Gross State domestic product at constant price (₹ lakhs) in ascending order, in year 2022-23: A. Haryana B. Rajasthan C. Telangana D. Madhya P...
Match the List-I with List-II LIST I Regional Organisation A. North American Free Trade Agreement B. Asia Pacific Economic Cooperation C. Mercosur D. Free Trade Area of Americas LI...
Which of the following arguments for a consumption based tax is/are correct? A. People should be taxed on what they take out of the system, not on what they contribute B. A consump...
Identify the WRONG statements about World Trade Organization (WTO). A. It was formed to liberalise the world trade from high custom tariffs. B. It is the only organisation at inter...
Arrange the following Nobel Laureates according to their year of Award (latest being the first) A Sir Arthur Lewis B Simon Kuznets C Douglas North D Claudia Goldin E Ronald Coase
There are several reasons why serial correlation occurs. The reason which does not cause serial correlation is (1) Most time-series data exhibit business cycles (2) Researchers may...
Match List -I with List-II. List-I A. Low quality of goods can drive high quality goods out of market B. A party whose actions are unobserved can affect the probability or magnitud...
A firm's production function is q = 12 - 1 / (LK (L+K)). The prices of labour, capital and output are 1, 4 and 9 respectively. Find the maximum profit.
Arrange the books according to the year of publication (starting from the oldest): A. The General Theory of Employment, Interest and Money B. The Theory of Moral Sentiments C. Prin...
Which of the following depicts the Verdoorn's law correctly?
As per Union budget 2023-24 arrange the following components on the basis of their revenue share to total revenue generation, starting from the highest A. Non-Tax receipt B. Non-de...
In the context of monetary policy in open economy, the concept of trilemma involves which of the following? A. Flexible interest rate B. Perfect capital mobility C. Fixed exchange...
The supply function is given as q = -100+10p. Find the elasticity of supply (Es) using point method, when price is ₹ 15.
Arrange the following phases of International Monetary System in chronological order (old to new). A. Gold Bullion Standard B. Gold Specie Standard C. Floating Exchange Rate D. Gol...
Which of the followings is not true in case of factor taxes? (1) A tax on capital income tends to be progressive, whereas a tax on wage income tends to be regressive. (2) Like prod...
Match List - I with List-II. List-I A. Inflation targeting B. Natural rate of employment C. Time inconsistency problem D. Rational Expectation List-II I. Milton Friedman II. Kydlan...
Which of the following are true about Rybczynski theorem? A. It is related to factor growth and trade B. It contradicts to the factor endowment trade theory C. It holds when both t...
The Bretton Woods monetary system was based on the fixed rate monetary system. It lasted between the years:
Which of the following is not a feature of capitalist economy?
Which of the following effects are likely to be inversely related to the tariff rate? A. Production effect B. Revenue effect C. Both production and consumption effect D. Consumptio...
In a two-sector economy, autonomous consumption expenditure C₀ = ₹50 million, autonomous investment expenditure, I₀ = ₹100 million and b = 0.5. Determine the equilibrium level of c...
Match List-I with List-II
The reaction pattern in the oligopoly market is determined by which of the following formula?
In testing the restrictions imposed on a model we calculate F-statistics and compare this value to the table F(m, n-k). In this formula 'm' is the: