Roll No:
Application No:
Registered Photo
Exam Day Photo
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Name:Exam Date: 07-Oct-2020
Exam Time: 09:00-12:00
Examination: 1. Course Code - M.A./M.Sc./M.C.A.
2. Field of Study - DEVELOPMENT AND LABOUR
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STUDIES (DLSM)SECTION 1 - SECTION 1
Question No.1 (Question Id - 79)
Which two of the following types of workers who carry out remunerative work within their
homes come under the category of `home based workers' ?
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I. Independent Own-account producersII. Dependent Sub-contract workers
III. Employed under section 2 (m) of the Factories Act, 1948
IV. Employed in shops and discharge his duty from home
(A)
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I and II only (Correct Answer)(B)
I and III only
(C)
III and IV only
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(D)II and IV only
Question No.2 (Question Id - 20)
Who coined the term European miracle, in 1981 ?
(A)
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Eric Jones (Correct Answer)(B)
Kenneth Pomeranz
(C)
James Morris Blaut
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(D)Andre Gunder Frank
Question No.3 (Question Id - 95)
The technology which meets the sustainable development needs is often referred as :
(A)
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Advanced Technology(B)
Appropriate Technology (Correct Answer)
(C)
Sustainable Technology
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(D)Adaptive Technology
Question No.4 (Question Id - 81)
Which one of the following is registered trade Union of Scrap Collectors ?
(A)
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Kagad Kanch Patra Kashtkari Panchayat (Correct Answer)(B)
Safai Karmacharies Association
(C)
Self Employed Women Association
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(D)Scrap Pickers Workers Organisation
Question No.5 (Question Id - 32)
The Indian currency notes issued by Reserve Bank of India is issued under the system of
: (A) Proportional Reserve System
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(B)Fixed Fiduciary System
(C)
Minimum Reserve System (Correct Answer)
(D)
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Fully Convertibility SystemQuestion No.6 (Question Id - 7)
The term disguised unemployment was first used by :
(A)
Keyness
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(B)Chemberlin
(C)
Joan Robinson (Correct Answer)
(D)
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Adam SmithQuestion No.7 (Question Id - 12)
What is % contribution of MSMEs (Micro, Small and Medium Enterprises) to country's
GDP in
2019 - 2020 ?
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(A)16%
(B)
40%
(C)
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29% (Correct Answer)(D)
50%
Question No.8 (Question Id - 67)
The new Industrial Policy July 1991 was announced by :
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(A)V.P. Singh's Government
(B)
Narasimha Rao's Government (Correct Answer)
(C)
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Manmohan Singh's Government(D)
Rajeev Gandhi's Government
Question No.9 (Question Id - 29)
The book titled `The Stages of Economic Growth : A Non-Communist Manifesto' was
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written by :(A)
Georg Wilhelm Friedrich Hegel
(B)
Karl Marx
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(C)Walt W. Rostow (Correct Answer)
(D)
Friedrich Engels
Question No.10 (Question Id - 28)
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What is the GDP deflator ?(A)
It is the ratio of the value of goods and services an economy produces in a
particular year at current prices to that at the prices that prevailed during
the base year.
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(Correct Answer)(B)
Measurement of the relative reduction in GDP growth rate of a country.
(C)
Comparison of the GDP of a country vis-a-vis other countries of the world.
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(D)Calculation of GDP on base year prices.
Question No.11 (Question Id - 84)
In which date the unorganised worker's social security Act, 2008 received the assent of
the President ?
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(A)26th December, 2008
(B)
30th December, 2008 (Correct Answer)
(C)
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2nd October, 2008(D)
15th August, 2008
Question No.12 (Question Id - 88)
Which of the following aspects of caste system is still important ?
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(A)Jajmani System
(B)
Kinship System (Correct Answer)
(C)
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Caste Panchayat(D)
Economic Panchayat
Question No.13 (Question Id - 80)
In which year the National Commission for Safai Karmachari Act was passed ?
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(A)1990
(B)
1991
(C)
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1993 (Correct Answer)(D)
1994
Question No.14 (Question Id - 51)
From the original point of simultaneous equilibrium in the goods and money market, if the
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rate of interest increases, which of the following adjustment processes will happen ?(A)
Excess demand for goods will push down the rate of interest
(B)
Excess supply of money will cause increase in the bond prices and induce
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a fall in the interest rate(Correct Answer)
(C)
Excess demand for goods will pull up the interest rate further
(D)
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Investment will increase leading to increase supply of goodsQuestion No.15 (Question Id - 34)
Which one of the following is not included in the National Income under the National
Income Accounting system in India ?
(A)
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Undistributed Profits(B)
Pension (Correct Answer)
(C)
Rent
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(D)Mixed Income
Question No.16 (Question Id - 94)
Sustainable Energy :
(A)
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is clean(B)
can be used over a long period of time
(C)
Both (1) and (2)
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(D)is unusable (Correct Answer)
Question No.17 (Question Id - 1)
Which of the following is Hicks - Neutral ?
(A)
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A Technical Innovation if the ratio of marginal product remains unchangedfor a given Capital Labour Ratio.
(Correct Answer)
(B)
An innovation if the relative factor shares remain unchanged for a fixed Capital
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Output Ratio.(C)
A Technical Innovation if the ratio of marginal product changes with the change in
Capital Output Ratio.
(D)
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A Technical Innovation if the ratio of marginal product remains unchanged withchange in Capital Output Ratio.
Question No.18 (Question Id - 30)
The `World Development Report' is the publication of :
(A)
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United Nations Development Programme(B)
Department of Economic and Social Affairs, United Nations
(C)
United States Agency for International Development (USAID)
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(D)World Bank (Correct Answer)
Question No.19 (Question Id - 48)
The optimum point of production in the context of the Law of Variable Proportions will be :
(A)
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Closer to the end-point of the second stage of production if the variable factorused in the production is very costly in relation to the fixed factor of production.
(B)
Closer to the end point of the first stage of production if the variable factor
used in the production is very costly in relation to the fixed factor of
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production.(Correct Answer)
(C)
Corresponding to the peak point of the Average Product curve if the variable
factor of production bears zero price.
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(D)Corresponding to the peak point of the Total Product curve if the variable factor of
production is very costly in relation to the fixed factor of production.
Question No.20 (Question Id - 61)
Assertion A :
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Financial inclusion is desirable to help weaker sections of society in the country.Reason R :
Investment activity needs to be promoted to facilitate access to development benefits to
masses.
(A)
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Both A and R are correct and R is not the correct explanation of A.(B)
Both A and R are correct and R is the correct explanation of A. (Correct
Answer)
(C)
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A is not correct, but R is correct.(D)
A is correct, but R is not correct.
Question No.21 (Question Id - 63)
Select the correct situation which defines `welfare trap' ?
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(A)When population in an economy continues to remain poor even after increase in
nominal income.
(B)
When rise in the incomes of poor is neutralized by inflation.
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(C)When unemployment increases along with inflation.
(D)
When people getting unemployment allowance does not want to work any
more. (Correct Answer)
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Question No.22 (Question Id - 62)Which of the following brings out the `Consumer Price Index Number for
Industrial Workers' ?
(A)
The Reserve Bank of India
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(B)The Department of Economic Affairs
(C)
The Labour Bureau (Correct Answer)
(D)
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The Department of Personnel and TrainingQuestion No.23 (Question Id - 56)
Which of these is inconsistent with the Heckscher-Ohlin Theorem ?
(A)
A country will specialize in the production and export of that good which uses
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more intensively its relatively abundant factor of production.(B)
A country will specialize in the production of that good which uses more
intensively its abundant factor of production and import the same good if it has a
strong consumption bias in the same direction as its production bias.
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(C)A country will specialize in the production of that good which uses more
intensively its abundant factor of production and import it if its
consumption bias is in the opposite.
(Correct Answer)
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(D)A country will specialize in the production and export of that good which uses
more intensively its abundant factor of production if its production and
consumption bias are in the opposite direction.
Question No.24 (Question Id - 18)
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India's ranking in terms of Food Security Index out of 113 countries is :(A)
74
(B)
76
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(C)72 (Correct Answer)
(D)
75
Question No.25 (Question Id - 14)
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Which of the following is the strategy to reduce inflation ?(A)
Rapid Disinflation
(B)
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Gradual Disinflation(C)
Cold Turkey (Correct Answer)
(D)
All the above
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Question No.26 (Question Id - 91)A promising direction towards sustainable development is to design systems that are :
(A)
Flexible and irreversible
(B)
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Flexible and reversible (Correct Answer)(C)
Inflexible and reversible
(D)
Inflexible and irreversible
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Question No.27 (Question Id - 83)(A)
A - I, B - II, C - III, D - IV
(B)
A - I, B - II, C - IV, D - III (Correct Answer)
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(C)A - II, B - I, C - IV, D - III
(D)
A - II, B - III, C - I, D - IV
Question No.28 (Question Id - 52)
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In his theory of growth, Adam Smith assumed __________ based on the premise ofexpansion of the market size over time.
(A)
Increasing Real Cost of Production
(B)
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Decreasing Returns to Scale(C)
Constant Returns to Scale
(D)
Increasing Returns to Scale (Correct Answer)
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Question No.29 (Question Id - 37)Planning Commission of India constituted different expert and working groups and task
forces for development in methodology and measurement of poverty ratio at national and
state level, which one of the following is not related with the poverty estimation by the
Planning Commission of India ?
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(A)Planning Commission's Expert Group (D.T. Lakadawala) - 1989
(B)
Planning Commission's Expert Group (S.D. Tendulkar) - 2005
(C)
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Planning Commission's Expert Group (A.P. Shah) - 2011 (Correct Answer)(D)
Planning Commission's Expert Group (C. Rangarajan) - 2012
Question No.30 (Question Id - 4)
According to Trap Models presented by Leibenstein :
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(A)Economic growth to be totally dependent on investment in tangible capital.
(B)
Integration between population and per capita income growth is explained.
(C)
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There is no integration between population and per capita income growth.(Correct Answer)
(D)
(1) and (2) both.
Question No.31 (Question Id - 86)
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`A social group is a system of social interaction.' This statement was given by :(A)
Marshal Jones
(B)
Bogardus
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(C)Herry M. Johnson (Correct Answer)
(D)
Harrod
Question No.32 (Question Id - 26)
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In India, under fiscal federal arrangement, Gadgil Formula was used for :
(A)
Division of Tax Revenue
(B)
Writing off State's indebtedness to the Centre
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(C)Disbursement mechanism for loan from Reserve Bank of India to States
(D)
Allocation of Plan Assistance from Centre to States (Correct Answer)
Question No.33 (Question Id - 93)
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The phrase `sustainable agriculture' was reportedly coined by :(A)
Andrew Leigh
(B)
Gordon Mc Clymont (Correct Answer)
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(C)Jules Pretty
(D)
Clem Tisdell
Question No.34 (Question Id - 5)
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Democracy Index is published by :(A)
World Economic Forum
(B)
UNDP
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(C)Economist Intelligence Unit (Correct Answer)
(D)
IMF
Question No.35 (Question Id - 24)
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A choice that is optimal for a firm no matters what its competitors do is referred as whichone of the following in game theory ?
(A)
The game winning choice
(B)
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The dominant strategy (Correct Answer)(C)
A gonzo selection
(D)
Super optimal
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Question No.36 (Question Id - 9)Who for the first time tried to measure the contribution of technical change to economic
growth ?
(A)
Meade (Correct Answer)
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(B)Myrdal
(C)
Harrod
(D)
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AbramovitzQuestion No.37 (Question Id - 59)
Economy of India in nominal terms and in PPP$ terms is :
(A)
Third and fifth largest in the world
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(B)Fifth and third largest in the world (Correct Answer)
(C)
Second and fourth largest in the world
(D)
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Second and second after ChinaQuestion No.38 (Question Id - 15)
India's position in green bond market in world is :
(A)
First
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(B)Second (Correct Answer)
(C)
Third
(D)
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FourthQuestion No.39 (Question Id - 22)
The Process of Globalisation is :
(A)
An amalgamation of the global and local (Correct Answer)
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(B)Emphasis on local culture
(C)
The use of Regional Symbols
(D)
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Emphasis on Global CultureQuestion No.40 (Question Id - 19)
The conjecture that inequality first increases with development, then decreases with
further development (known as the "inverted U hypothesis") has been :
(A)
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strongly supported by most studies.(B)
supported mainly by cross-section, not time-series studies. (Correct
Answer)
(C)
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supported mainly by time-series, not cross-section studies.(D)
generally repudiated by empirical studies.
Question No.41 (Question Id - 21)
The International Convention on the Elimination of Child Labour :
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(A)Was a result of countries appearing as autonomous containers of political, social,
and economic activity in that fixed borders separate of the domestic sphere from
the world outside.
(B)
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Represents a process in which the organization of social activities is increasinglyless constrained by geographical proximity and national territorial boundaries.
(C)
Involves a complex mix of homogenization and increased heterogeneity given the
global diffusion of popular culture, global media corporations, and
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communications networks.(D)
Was the product of a complex politics involving public and private actors
from trade unions, industrial associations, humanitarian groups,
governments, and legal experts.
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(Correct Answer)Question No.42 (Question Id - 50)
Which Law does the following statement relate to ?
"The act of producing goods generates an amount of income that is equivalent to the
value of the goods produced, which is then expended on purchasing the output
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produced".(A)
The Psychological Law of Consumption
(B)
Okun's Law
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(C)Law of Supply
(D)
Say's Law of Markets (Correct Answer)
Question No.43 (Question Id - 35)
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Out of the following, which one is not included in the foreign exchange reserve of India ?(A)
Foreign currency and securities held by the banks and corporate bodies
(Correct Answer)
(B)
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Foreign Currency Assets(C)
Gold
(D)
Special Drawing Rights (SDRs)
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Question No.44 (Question Id - 33)Which one of the following is included in the National Income under the National Income
Accounting system in India ?
(A)
Amount received from sale of shares and debentures.
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(B)Transfer Payments.
(C)
Amount received from sale of second hand goods.
(D)
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Commission earnings of property dealer. (Correct Answer)Question No.45 (Question Id - 6)
Which of the following statements is true ?
(A)
A concept of continuous change is basic to the dialectical approach of Marx.
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(B)Marx's theory of Social Evolution in its essence is dynamic in nature.
(C)
The internal contradictions which Marx saw existing in the system are the basic
cause of dynamic process.
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(D)All the above. (Correct Answer)
Question No.46 (Question Id - 58)
In the first wave, the age of discovery (1450 - 1850), globalization :
(A)
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was started by English explorations of Atlantic archipelagoes.(B)
was decisively shaped by European expansion and conquest. (Correct
Answer)
(C)
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was a benign form of cosmopolitan democracy.(D)
led to contact between the East and West, facilitating a process called Persian
Exchange.
Question No.47 (Question Id - 73)
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The poverty line on the basis of recommended nutritional requirements of 2400 caloriesper person per day for rural areas and 2100 calories for urban areas, was defined by :
(A)
Planning Commission (Correct Answer)
(B)
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Niti Aayog(C)
National Sample Survey
(D)
National Commission on Labour
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Question No.48 (Question Id - 17)The increase in unemployment that occurs during recession and depression is called :
(A)
Frictional unemployment
(B)
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Structural unemployment(C)
Cyclical unemployment (Correct Answer)
(D)
Seasonal unemployment
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Question No.49 (Question Id - 71)Which one of the following Act was passed with an aim to cheek the concentration of
economic power ?
(A)
Monopolies and Restricted Trade Practices Act, 1969 (Correct Answer)
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(B)Zamindari Abolition Act, 1950
(C)
Indian Companies Act, 1956
(D)
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Income Tax Act, 1961Question No.50 (Question Id - 27)
The book `Poverty and Un-British Rule in India' describing the theory of economic drain
during British rule was written by :
(A)
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Dadabhai Naoroji (Correct Answer)(B)
M.N. Roy
(C)
Mahatma Gandhi
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(D)Lala Lajpat Rai
Question No.51 (Question Id - 44)
Environmental Kuznets curve, a graph depicting the relationship between the per capita
income and pollution and other forms of environmental degradation, is of the following
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shape :(A)
(B)
(Correct Answer)
(C)
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L(D)
_
Question No.52 (Question Id - 89)
Which one of the following is known as Material Culture ?
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(A)Values
(B)
Discipline
(C)
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Capital(D)
Chair (Correct Answer)
Question No.53 (Question Id - 38)
In the development literature of new endogenous growth theories, a dynamic
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interpretation to increasing returns by emphasizing `Learning by Doing' was given by :(A)
Adam Smith
(B)
Alfred Marshall
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(C)Kenneth Arrow (Correct Answer)
(D)
J.M. Clark
Question No.54 (Question Id - 92)
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Following is (are) the element(s) of sustainable agriculture :(A)
Perma culture
(B)
Agro forestry
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(C)Mixed farming
(D)
All of the above (Correct Answer)
Question No.55 (Question Id - 55)
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The Law of Increasing State Activities was put forth by :(A)
Adolf Wagner (Correct Answer)
(B)
Wiseman-Peacock
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(C)Adam Smith
(D)
Galbraith
Question No.56 (Question Id - 10)
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Which theory was given by Benjamin Heggin ?(A)
Theory of Technological Dualism (Correct Answer)
(B)
Sociological theory of Dualism
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(C)Theory of Balanced growth
(D)
Theory of Big Push
Question No.57 (Question Id - 66)
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Which one of the following is not associated with the Stabilisation Measures of EconomicReforms 1991 ?
(A)
Reduction in fiscal deficit.
(B)
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To bring inflation under control.(C)
To integrate with the global economy through trade, investments and
technology flows. (Correct Answer)
(D)
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Exchange rate adjustments.Question No.58 (Question Id - 23)
The Plan that sought to get the Indian economy out of cycle of poverty, one prominent
economist involved in drafting the plan, argued that India should 'hasten slowly' for initial
decades as a fast rate of development might endanger democracy. This Plan document
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identified the pattern of land distribution in the country as the principal obstacle in the wayof agricultural growth. It focused on land reforms as the key to the country's development.
The above statement is :
I Related to the First Five Year Plan
II Related to the Fifth Five Year Plan
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III Focused on institutional reform in agriculture sector for country's developmentSelect the correct answer using the options given below :
(A)
I
(B)
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II(C)
I and III (Correct Answer)
(D)
II and III
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Question No.59 (Question Id - 46)The distance between each successive higher iso-quant should be declining to represent
: (A) Constant Returns to Scale
(B)
Increasing Returns to Scale (Correct Answer)
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(C)Decreasing Returns to Scale
(D)
Declining marginal physical product of a factor of production
Question No.60 (Question Id - 60)
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Given below are some of the forums of worker's participation in management :I. Works Committee
II. Joint Management Council
III. Quality Circle
IV. Canteen Managing Committee
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V. Grievance Redressal CommitteeWhich of the following are to be statutorily provided by an employer of an industrial
organisation ?
(A)
I, II and IV only
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(B)II, III and IV only
(C)
I, IV and V only (Correct Answer)
(D)
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I, II and III onlyQuestion No.61 (Question Id - 74)
When the concept of an informal/unorganised sector began to receive world wide
attention ?
(A)
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Early 1960s(B)
Early 1970s (Correct Answer)
(C)
Early 1980s
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(D)Early 1990s
Question No.62 (Question Id - 31)
Which one of the following growth model is widely considered relevant to recent
experience in China, where labour has been steadily absorbed from farming to
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manufacturing sector ?(A)
Rostow's Stages of Growth Model
(B)
Harrod - Domar Growth Model
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(C)Lewis Growth Model (Correct Answer)
(D)
Solow Neo-classical Growth Model
Question No.63 (Question Id - 39)
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Which one of the following is not a character of the informal sector ?(A)
The informal sector plays an important role in developing countries despite
decades of neglect and outright hostility.
(B)
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The informal sector is characterized by a large number of small-scale productionand service activities that are individually or family-owned and uses simple labour
intensive technology.
(C)
Workers in the informal sector do not enjoy the measure of protection afforded by
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the formal modern sector in terms of job security, decent working conditions, etc.(D)
Many workers entering the informal sector are old migrants from rural
areas having experience of employment in the formal sector.
(Correct Answer)
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Question No.64 (Question Id - 68)Dr. Raja Chelliah Committee submitted its interim report in 1991 - 92 was associated with
: (A) Tax Reforms Committee (Correct Answer)
(B)
Banking Reforms Committee
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(C)Financial Reforms Committee
(D)
Capital Market Reforms Committee
Question No.65 (Question Id - 3)
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Which of the following concept was given by Myrdal ?
(A)
Social Dualism
(B)
Geographical Dualism (Correct Answer)
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(C)Financial Dualism
(D)
Political Dualism
Question No.66 (Question Id - 69)
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Which one of the following is not correct about components of Globalisation ?(A)
Reduction of trade barriers
(B)
Free flow of Capital and Investments
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(C)Free flow of technology
(D)
Restrictions an free movement of Cobourg among different countries of the
world (Correct Answer)
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Question No.67 (Question Id - 75)Who has submitted a Report "Dilemma of Informal Sector" in 1987 ?
(A)
World Health Organisation
(B)
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World Trade Organisation(C)
International Labour Organisation (Correct Answer)
(D)
The Institute of Applied Manpower research
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Case Study - 68 to 72 (Question Id - 96)Read the passage carefully and answer the questions that follow
The Constitution of India (Article 19) gives the right to all citizens to "to move freely throughout the
territory of India; to reside and settle in any part of the territory of India" which leads to two main types of
migration: first, internal migration, i.e. migration within one country, and second international migration,
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which means the movement from one country to another. The reasons for migration can be divided intotwo main aspects, the so-called "push" and "pull" factors. Push factors are those in their old place which
force people to move. Pull factors are factors in the target country which encourage people to move;
these include peace and safety, a chance of a better job, better education, social security, a better
standard of living in general as well as political and religious freedom. Since the 1830s, international
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migration from India under British rule comprised largely of unskilled workers from poorer socio-economic groups who went to other colonised countries.
Between 1834 and 1937, nearly 30 million people left India and nearly four-fifths returned
Post-Independence, migrants came from richer socio-economic groups, from wealthier parts of the
country and, with the exception of the large migration to the Middle East, went industrialised. The
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migrant stream to the United States in particular has been the most highly educated, both compared toother immigrants into the US, as well as to other Indian migrant streams abroad since the 1990s,
increasing numbers of skilled emigrants from India have also been moving to Australia, Canada, New
Zealand and Singapore.
Migration of persons within national borders is far greater in magnitude than migration across
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international borders and has enormous potential to contribute to economic prosperity, social cohesionand urban diversity. Internal migration is an essential and inevitable component of the economic and
social life of the country, given regional imbalances and labour shortages, and safe migration should be
promoted to maximise its benefits. However, in the absence of a coherent policy framework and
strategy, migration imposes heavy costs on human development through poor labour arrangements and
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working conditions of migrants, and obstacles in their access to shelter, education, healthcare and food.Migrants constitute a "floating" and invisible population, alternating between source and destination
areas and remaining on the periphery of society. In India, internal migration has been accorded very low
priority by the government, and policies of the Indian state have largely failed in providing any form of
legal or social protection to this vulnerable group.
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Question No.68 (Question Id - 97)Which of the following is true in the context of the passage ?
(A)
The maximum migration takes place in the eastern countries
(B)
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International migration is far greater than internal migration(C)
Government of India is against brain drain
(D)
Internal migration is far greater than international migration (Correct
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Answer)Question No.69 (Question Id - 98)
What is the main reason behind internal migration ?
(A)
Various social, economic or political reasons (Correct Answer)
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(B)Due to marriage for work and moved with household
(C)
For higher education
(D)
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For expansion of businessQuestion No.70 (Question Id - 99)
As given in the passage which type of migration does occur frequently ?
(A)
Internal migration (Correct Answer)
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(B)International migration
(C)
Step migration
(D)
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Impelled migrationQuestion No.71 (Question Id - 100)
Most of the highly educated group of India has been migrated in which of the following
country as given in the passage ?
(A)
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China and USA(B)
Australia and Singapore
(C)
Canada and New Zealand
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(D)Both (2) and (3) (Correct Answer)
Question No.72 (Question Id - 101)
What's the main difference between push and pull factors of migration ?
(A)
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Push factors are conditions that drives people to leave their homes, whilepull factors attracts people to a new area
(Correct Answer)
(B)
Push or pull factors that made your family happy
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(C)Push means a new home in a different state, while pull means influence people
to shift in new home
(D)
Push and pull factors are closely interrelated
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Question No.73 (Question Id - 76)In which year `The National Commission on Self-employed Women' was set up ?
(A)
1980
(B)
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1985(C)
1987 (Correct Answer)
(D)
1989
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Question No.74 (Question Id - 53)What are the three primary P's in the 2030 Agenda for Sustainable Development ?
(A)
Poverty, People and Prosperity
(B)
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People, Prosperity and Planet (Correct Answer)(C)
Peace, Prosperity and Partnership
(D)
Plan, Planet and Peace
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Question No.75 (Question Id - 16)The sustainable Development Goals recognize that all countries must stimulate action in
the following manner :
(A)
People, Planet, Prosperity, Peace and Partnership (Correct Answer)
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(B)People, Planet, Prosperity, Plants and Planning
(C)
People, Planet, Prosperity, Plants and Partnership
(D)
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People, Planet, Prosperity, Peace and PlanningQuestion No.76 (Question Id - 78)
Which two of the following organisations conducted a Joint Workshop on the subject of
defining the informal sector in 1997 ?
I. The National Commission on Labour
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II. The National Council for Applied Economic ResearchIII. The Self-employed Women's Association
IV The National Commission on Rural Labour
Select the correct answer using the code given below :
(A)
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I and II only(B)
II and III only (Correct Answer)
(C)
III and IV only
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(D)I and IV only
Question No.77 (Question Id - 47)
Which of these implies a unique capital-labour ratio ?
(A)
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Downward sloping convex iso-quant(B)
Downward sloping linear iso-quant
(C)
Linear Programming iso-quant
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(D)L-shaped iso-quant (Correct Answer)
Question No.78 (Question Id - 87)
Anthropology consists of two major divisions. They are :
(A)
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Physical and Cultural (Correct Answer)(B)
Production and Distribution
(C)
Procurement and Distribution
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(D)Political and Cultural
Question No.79 (Question Id - 85)
Who has interpreted social relationship in the following manner ?
"Any collection of human beings who are brought into social relationships with one
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another" ?(A)
Ogbur and Nimkoff
(B)
Bogardus
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(C)R.N. Maclner (Correct Answer)
(D)
Durkheim
Question No.80 (Question Id - 13)
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The Phillips Curve observed that :(A)
There was positive relationship between the rate of change in money wages and
the unemployment rate.
(B)
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There was negative relationship between the rate of change in moneywages and the unemployment rate.
(Correct Answer)
(C)
There was negative relationship between price rise and effective demand.
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(D)There is positive relationship between the rate of change in money wages and
the unemployment rate.
Question No.81 (Question Id - 65)
Which was the major aim and objectives of Pre - 1991 Economic Policy of India ?
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I. High growth rateII. National self-reliance
III. Fall employment
IV. Reduction of income inequalities
Select the correct answer using the codes given below :
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(A)Only I
(B)
I and II only
(C)
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I, II and IV only(D)
I, II, III and IV only (Correct Answer)
Question No.82 (Question Id - 72)
In which five year plan, National Rural Employment Programme (NREP) was initiated ?
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(A)Fifth Five Year Plan
(B)
Sixth Five Year Plan (Correct Answer)
(C)
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Seventh Five Year Plan(D)
Eleventh Five Year Plan
Question No.83 (Question Id - 11)
The value of Gini Coefficient can be between two extreme values of :
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(A)0.50 to 0.70
(B)
0.20 to 0.35
(C)
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0 to 1 (Correct Answer)(D)
0.40 to 0.60
Question No.84 (Question Id - 77)
In which year `The National Commission on Rural Labour' was set-up ?
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(A)1985
(B)
1986
(C)
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1987 (Correct Answer)(D)
1989
Question No.85 (Question Id - 45)
According to Nathan Keyfitz and Robert Dorfman, which one of the following is not an
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institutional and cultural requirement for the operation of effective private markets ?(A)
Society based on traditions. (Correct Answer)
(B)
Materialistic values as a stimulus to greater production.
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(C)Deferring gratification to generate private saving.
(D)
Efficient forms of competition, as opposed to monopolistic control.
Question No.86 (Question Id - 70)
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In order to enquire into the distribution of income in India, Government of India hadappointed for the first time a committee under the whose chairmanship ?
(A)
Prof. P.C. Mahalanobis (Correct Answer)
(B)
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Dr. Raja Chelliah(C)
Dr. R.N. Mazomdar
(D)
Prof. K.C. Pant
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Question No.87 (Question Id - 54)Which of these is not a determinant of money supply ?
(A)
The required reserve ratio
(B)
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The level of bank reserves(C)
The desire of public to hold currency and deposits
(D)
The target of zero rate of inflation (Correct Answer)
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Question No.88 (Question Id - 64)Which of the following statements relating to the Mahatma Gandhi Rural Employment
Guarantee Scheme are correct ?
I. Meghalaya was the first State in which the Scheme was implemented.
II. The Scheme aims to provide for enhancement of livelihood security of the households
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in rural areas.III. It guarantees at least one hundred days of wage employment in a calendar year to
every household whose adult members volunteer to do unskilled manual work.
IV. The wages to be paid to workers under the scheme shall be as specified by the
Central Government.
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V. Material cost of the scheme including payment of wages to semiskilled and skilledworkers are to be shared by the Central Government and State Governments at the ratio
of one-fourth to three-fourths respectively.
(A)
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I, II and IV (Correct Answer)(B)
II, III and IV
(C)
II, IV and V
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(D)I, III and V
Question No.89 (Question Id - 82)
(A)
A - II, B - I, C - III, D - IV (Correct Answer)
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(B)A - II, B - I, C - IV, D - III
(C)
A - I, B - II, C - III, D - IV
(D)
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A - III, B - II, C - I, D - IVQuestion No.90 (Question Id - 43)
Environmental capital is defined as :
(A)
Overall area of forest cover.
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(B)The portion of a country's overall capital assets that directly relate to the
environment. (Correct Answer)
(C)
Capital stock engaged in environmental projects.
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(D)Capital stock under the ownership of Environment ministries of the central and
state governments.
Question No.91 (Question Id - 90)
When the consumption of natural resources are equal to nature's ability to replenish, then
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economy is :(A)
Not sustainable
(B)
Steady state economy (Correct Answer)
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(C)Environmentally sustainable
(D)
None of the above
Question No.92 (Question Id - 42)
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In a situation when health and education are investments made in the same individual,greater health capital may raise the return on investment in education for several reasons.
Which of the following is not one of these several reasons ?
(A)
Health is an important factor in school attendance.
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(B)Healthier children are more successful in school and learn more efficiently.
(C)
Healthier individuals are more able to productively use education at any point in
life.
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(D)Death of school-age children also decreases the cost of education per
worker. (Correct Answer)
Question No.93 (Question Id - 49)
Which of the following is a correct statement in connection to households as one of the
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sectors in the circular flow of income ?(A)
Households supply the factors of production (Correct Answer)
(B)
One household implies one family
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(C)Households undertake investment activities in the economy
(D)
Households represent the deficit sector of the economy
Question No.94 (Question Id - 2)
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The Human Development Index (HDI) is a composite Index of :
(A)
Mortality Rate, Per Capita Income, Education
(B)
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Life Expectancy, Per Capita Income, Education (Correct Answer)(C)
Life Expectancy, Poverty, Education
(D)
Poverty, Education, Mortality Rate
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Question No.95 (Question Id - 41)Which one of the following model is associated with the equilibrium version of the theory
to explain the apparently paradoxical relationship of accelerated rural-urban migration in
the context of rising urban unemployment ?
(A)
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Todaro Migration Model(B)
Harris - Todaro Migration Model (Correct Answer)
(C)
Lewis Model
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(D)Everett Lee's model of Migration
Question No.96 (Question Id - 36)
Relative poverty refers to :
(A)
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A situation in which a person is unable to obtain necessities for life.(B)
Poverty defined in comparison to other's people standing in the economy.
(Correct Answer)
(C)
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A failure of meeting the requirements of basic dignity of human beings or even afailure to meet human rights.
(D)
Poverty gap between a person from developing world and a person from
developed world.
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Question No.97 (Question Id - 8)Which of the following is Harrod's Model ?
(A)
GC = S
(B)
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(C)I = S
(D)
Both (1) and (3) (Correct Answer)
Question No.98 (Question Id - 57)
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Regression analysis is concerned with :(A)
Deterministic dependence between variables
(B)
Association between independent and dependent variable (Correct Answer)
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(C)Functional dependence between variables
(D)
Causality between variables
Question No.99 (Question Id - 25)
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Which one of the following concept didn't form part of the early phase of Indiandevelopment policy ?
(A)
Community Development Programme
(B)
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Cooperative Farming(C)
Liberalisation (Correct Answer)
(D)
Self-Reliance
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Question No.100 (Question Id - 40)Agglomeration economies is the concept associated with :
(A)
Agriculture Economics
(B)
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Social Development(C)
Urbanization (Correct Answer)
(D)
Ruralization
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