List of top Questions asked in GATE XH-C1

"With an objective to reduce inflation, government may reduce public Expenditure." Discuss the rationale behind such a step which may be taken by the Government.

Rafi told Mary, “I am thinking of watching a film this weekend.” The following reports the above statement in indirect speech: Rafi told Mary that he __________ of watching a film that weekend.

L is the only son of A and S. S has one sibling, B, who is married to L’s aunt, K. B is the only son of D. How are L and D related? Select the possible option(s):

According to the {Working Group on Money Supply: Analytics and Methodology of Compilation (1998) constituted by the Reserve Bank of India (RBI), which of the following is NOT a component of the new monetary aggregate NM1?

An individual is endowed with income of ₹ 142 and has the utility function $U(x_1,x_2)=x_2(x_1+1)$, where $x_1\ge 0,\; x_2\ge 0$. The unit price of $x_1$ is ₹ 2 and the unit price of $x_2$ is ₹ 3. The utility maximizing bundle is

The International Monetary Fund (IMF) began operations in the year

A labour-augmenting production function is \(Y = K^{0.33}(AL)^{0.67}\). Given growth rates: \(g_L=1.2%\), \(g_K=3%\), \(g_A=1.5%\). Using growth accounting, the growth rate of \(Y\) per annum is ____________ (round off to two decimal places).

A monopolist faces $Q=\dfrac{100}{(P-1)}$ with $P>1$. Average variable cost is $AVC=\dfrac{4}{\sqrt{Q}}$ and fixed cost is $10$. Find the profit–maximizing price (integer).

Suppose from the estimation of a linear regression model \(Y_i=\beta_0+\beta_1X_i+e_i\) the residual sum of squares and the total sum of squares are obtained as 44 and 80, respectively. The value of coefficient of determination is ____________ (round off to two decimal places).

Stagflation is a situation when

Consider the Keynesian consumption function $C=\alpha+\beta Y$, where $C$ is aggregate consumption, $Y$ is aggregate income, $\alpha>0$ is a constant, and $\beta$ is the marginal propensity to consume $(0<\beta<1)$. Then, the average propensity to consume is

Let $X$ be a random variable with pdf $f(x)=\dfrac{1}{2\sqrt{3}}$ for $-\sqrt{3}<x<\sqrt{3}$, and $0$ otherwise. Then, the variance of $X$ is _____(in integer)}.

In the context of endogenous growth theory, the Nobel laureate Paul Romer emphasized that “ideas” are

An analyst regressed $Y$ on $X_1$ and $X_2$. If she later noticed that $X_1=5X_2$, then which assumption of the classical linear regression model was violated?

Which of the following is NOT an example of non-tariff barriers?

Among the following, who first proposed that internal government debt does not create a burden for the future generation?

Which of the following is an example of direct tax?

The emission of greenhouse gases is an example of “bads” that are

The following table provides population information for different age groups in 2010 and 2017. The percentage change in old-age dependency ratio from 2010 to 2017 is ____________ (round off to two decimal places).

Age group	Population in 2010	Population in 2017
0 to 14 years	201630	213609
15 to 64 years	899210	847552
65 years and above	232450	254474

A firm in perfect competition has $TC(Q)=a+b(Q)$, where $a$ is fixed cost and $b(Q)$ is variable cost. What happens if the fixed cost increases?

Suppose Amar borrows ₹ 1000 from Ujala. After one year, Ujala wants ₹ 1100 back from Amar. The yield to maturity in percent (%) on this borrowing is ______(round off to one decimal place).}

A 250 ml bottle of mango juice costs USD 4 in the United States. If the exchange rate is 0.02 USD per Rupee, then the cost of the same bottle of mango juice in Rupees would be ____________ (in integer).

Which of the following statements is/are correct about the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?

Which of the following is/are used for testing the assumption of normality?