List of top Economics Questions asked in GATE Humanities and Social Sciences- Economics

In a hypothetical economy, if entire additional income is consumed, the value of investment multiplier would be . (Fill up the blank with the correct alternative.)

Read the following statements carefully: 
Statement 1: Expost savings and Expost investments are equal at all levels of income. 
Statement 2: Under the effective demand principle, the equilibrium output is equal to exante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:

Identify which of the following is not considered as ‘Normal Resident’ of India?
If in an economy the initial deposits are Rs.4,000 crore and Reserve Ratio (RR) is 10 percent. The value of total deposit created would be Rs. crore.
“Mr. Sahotra borrowed funds from bank for purchasing a new house.” From the above statement, identify the indicated function of money:
"In the post-reform period the government of India decided to privatise profit making Public Sector Undertakings (PSUs)." Do you agree with the given statement? Give valid arguments in support of your answer.
Explain the need and type of land reforms implemented in the agriculture sector.
"Industrial sector performed poorly in the economic reform period." Elucidate the given statement.
Explain the role of affordable healthcare facilities in promoting human capital in a country.
"Infrastructural development is an essential element to obtain the full potential of the rural sector in India". Justify the given statement with valid arguments.
Meaning of 'Human Development':
"In a nation like India, self employment provides an important avenue for employment generation." Defend or refute the given statement with valid arguments.
------ indicator may be defined as the measure of the extent of demographic participation in Social and Political decision making in a Country.
Read the following statements carefully: Statement 1: China has used the Market system mechanism without losing political commitment to create additional social and economic opportunities. Statement 2: India, Pakistan, and China have similar physical endowments but totally different Political systems.
"Opening up of Suez Canal helped in establishing the British monopoly control over India's foreign trade". Justify the given statement with valid arguments.
As per The Economic Times report, dated April 11, 2023: "Electric Vehicle sales cross 10 Lakh mark in financial year 2022-23." Analyse the likely impacts of this news on Gross Domestic Product (GDP) and Welfare.
Suppose, an economy is in equilibrium. From the following data, calculate investment expenditure in the economy: Given: National Income (Y) = 10,000 crore Marginal Propensity to Consume (MPC) = 0.8 Autonomous Consumption (C) = 100 crore
"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.
If in an economy the Balance of Trade is showing a deficit of Rs.200 crore and the value of import is Rs.900 crore, then the value of exports would be Rs.----crore. (Fill up the blank with the correct alternative.)
"In a nation like India, self employment provides an important avenue for employment generation." Defend or refute the given statement with valid arguments.
Define sustainable development.
State the public project areas where Sovereign Green Bonds are focused.
How can businesses benefit from green finance?
"Infrastructural development is an essential element to obtain the full potential of the rural sector in India". Justify the given statement with valid arguments.
Meaning of 'Human Development':