List of top Economics Questions

Match List I with List II

LIST I		LIST II
A	Self-reliance	I	Increase in Production
B	Modernisation	II	Avoiding imports
C	Growth	III	Benefits to rich and poor
D	Equity	IV	Adopting new technology

Choose the correct answer from the options given below:

Which of the following is studied under micro economics?

Which of the following is not a central problem of an economy?

Identify the correct formula of calculating of domestic income by Expenditure Method

Match List I with List II

LIST I		LIST II
A	Stocks	I	Expected constant loss in value of a capital
B	Flows	II	Unexpected destruction of capital
C	Depreciation	III	Have time dimension
D	Capital loss	IV	Do not have any time dimension

Choose the correct answer from the options given below:

Choose the correct example of Revenue Expenditure.

Which article of the Indian constitution provides for the institution of Panchayati Raj?

Consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.
Statement : Irregularity is a cause for failure in UPSC exam. Some regular students fail in the examinations.
Conclusions : (I) All successful students are not regular.
(II) All failed students are regular.

If SPRING is coded as RTOQQSOMOFH, then the code for MEDIUM will be:

Find the number having the same relationship with the number given to right 3:81 :: 4:?

Statements which is the true regarding time value of money concepts is:

The tax Rates in India is fixed by:

In the central Govt. Budget, which one is treated as the capital receipt:

The Inflation occurs when the aggregate demand increases at a much higher rate than the aggregate supply is called:

AB Ltd uses the following standard mix for production of 'A' goods. 50 kgs. of material X at standard price ₹.20, 20 kgs of material Y at standard price ₹ 40. The Actual mix was:
60 kgs of material X
10 kgs. of material Y
what will be material mix variance ?

Which type of costing technique is appropriate in the following situations:
When each work is Unique.
When each work is easily identifiable
when costs are assigned to, and Accumulated for each work.

The cost of second best alternative is known as:

The technique in which only variable costs are taken into Account for the purpose of product costing, inventory valuation and other allied important management decisions is known as :

A function is strictly concave in the interval I, if for all a,b ∈ I and λ ∈ (0,1)

In correlation analysis, we measure the

Suppose that for a random sample of size 10. sample covariance between variables X and Y is 100, and sample variances of X and Y are 25 and 400 respectively. What is the value of sample correlation coefficient between X and Y?

Match List-I with List-II :

List-I		List-II
(A)	Mode	(I)	Measure of sampling variability
(B)	Quartile deviation	(II)	Measure of strength of linear relation
(C)	Correlation coefficient	(III)	Measure of central tendency
(D)	Standard error	(IV)	Measure of dispersion

Choose the correct answer from the options given below:

Given the assumptions of the classical linear regression model, the ordinary least square estimators possess some optimum properties-given in the Gauss-Markov theorem. Which of the following is not a part of this theorem?

In the expression
\(Y_i =\hatβ_1+\hatβ_2X_i +\hat{u_i}\)
\(\hat{u_i}\) gives the difference between

Arrange the following in correct chronological order starting with the earliest :
A. 1st meeting of Monetary Policy committee
B. Export Import Bank of India commenced operations
C. Enactment of FEMA
D. Digital India campaign
E. Narasimhan Committee-II
Choose the correct answer from the options given below: