List of top Economics Questions

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Name of State} & \textbf{Dependency Ratio for 2023-24} \\ \hline \text{(A) Andhra Pradesh} & \text{(I) 66.3} \\ \hline \text{(B) Bihar} & \text{(II) 52.2} \\ \hline \text{(C) Kerala} & \text{(III) 41.4} \\ \hline \text{(D) Uttar Pradesh} & \text{(IV) 50.6} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Categories of Time Series Patterns} & \textbf{Their meaning} \\ \hline \text{(A) Seasonal Variation} & \text{(I) movement in an economic variable that is periodic.} \\ \hline \text{(B) Random Fluctuation} & \text{(II) steady movement in an economic variable over time.} \\ \hline \text{(C) Business Cycles} & \text{(III) movement in an economic variable that depends on the time of the year.} \\ \hline \text{(D) Trends} & \text{(IV) movement in an economic variable that are due to unpredictable factors.} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Measures of Money Supply} & \textbf{Components} \\ \hline \text{(A) M3} & \text{(I) Currency held by the public (C) + net demand deposits of banks (DD) + other deposits of the RBI (OD)} \\ \hline \text{(B) M2} & \text{(II) C + DD + OD + net time deposits of banks} \\ \hline \text{(C) M1} & \text{(III) C + DD + OD + saving deposits with post office saving banks} \\ \hline \text{(D) M4} & \text{(IV) C + DD + OD + net time deposits of banks + total deposits with post office savings organization (excluding National Saving Certificates)} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Concepts} & \textbf{Formula} \\ \hline \text{(A) Weighted Mean} & \text{(I) \(\frac{\sum_{i=1}^{n} w_i x_i}{\sum_{i=1}^{n} w_i}\)} \\ \hline \text{(B) Grand Mean of Combined Data} & \text{(II) \(\frac{\sum_{i=1}^{n} x_i}{n}\)} \\ \hline \text{(C) Harmonic Mean} & \text{(III) \(\frac{n}{\sum_{i=1}^{n} \frac{1}{x_i}}\)} \\ \hline \text{(D) Geometric Mean} & \text{(IV) \(\left( \prod_{i=1}^{n} x_i \right)^{1/n}\)} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Types of Production Functions} & \textbf{Their Functional Forms} \\ \hline \text{(A) Translog Production Function} & \text{(I) \( q = \prod_{i=1}^{n} x_i^{a_i} \)} \\ \hline \text{(B) Generalised Leontief Production Function} & \text{(II) \( q = \sum_{i=1}^{n} a_i x_i^{\rho}, \ \rho \leq 1 \)} \\ \hline \text{(C) Cobb Douglas Production Function} & \text{(III) \( q = \sum_{i=1}^{n} a_{ij} x_i x_j \), where \( a_{ij} = a_{ji} \)} \\ \hline \text{(D) Constant Elasticity of Substitution Production Function} & \text{(IV) \( q = a_0 + \sum_{i=1}^{n} a_i \ln x_i + 0.5 \sum_{i=1}^n \ln x_i \)} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Nature of Skewness for a Distribution} & \textbf{Relationship between Arithmetic Mean (AM), Median and Mode} \\ \hline \text{(A) Positively Skewed} & \text{(I) AM = Median = Mode} \\ \hline \text{(B) Moderately Skewed} & \text{(II) AM < Median < Mode} \\ \hline \text{(C) Negatively Skewed} & \text{(III) AM - Mode = 3 (AM - Median)} \\ \hline \text{(D) Symmetric Distribution} & \text{(IV) AM > Median > Mode} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{List-I} & \textbf{List-II} \\ \hline \text{(A) The Economics of Imperfect Competition} & \text{(I) F. H. Knight} \\ \hline \text{(B) Theory of Monopolistic Competition} & \text{(II) H. von Stackelberg} \\ \hline \text{(C) Risk, Uncertainty and Profit} & \text{(III) Edward H. Chamberlin} \\ \hline \text{(D) The Theory of the Market Economy} & \text{(IV) Joan Robinson} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Concepts} & \textbf{Their meaning} \\ \hline \text{(A) Foreign Exchange Swaps} & \text{(I) is a forward contract for standardized currency amounts and selected calendar dates traded on an organized market.} \\ \hline \text{(B) Forward Transaction} & \text{(II) refers to the avoidance of a foreign exchange risk or covering of an open position.} \\ \hline \text{(C) Foreign Exchange Futures} & \text{(III) refers to a spot sale of a currency combined with a forward repurchase of the same currency as part of a single transaction.} \\ \hline \text{(D) Hedging} & \text{(IV) refers to an agreement today to buy or sell a specified amount of a foreign currency at a specified future date at a rate agreed upon today.} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Which of the following statements are correct about the money multiplier? (A) It is the ratio of the stock of money to the stock of high powered money.
(B) It is always smaller than one.
(C) Its value depends on the reserve ratio and currency-deposit ratio.
(D) It is inversely related to the reserve ratio.
Choose the correct answer from the options given below:

Arrange the following Chairmen of the Finance Commission as per their year of appointment in chronological order starting from the oldest to latest: (A) A M Khusro
(B) N K Singh
(C) Vijay Kelkar
(D) N K P Salve
Choose the correct answer from the options given below: