List of top Economics Questions asked in Indian Institute Of Technology Joint Admission Test for MSc

Which one of the following statements is NOT correct regarding changes in the occupational structure of the workforce between 1951 and 1991 in India?

A monopoly canteen serves packed meals to two groups of consumers, group $X$ and group $Y$. The demand for packed meals for $X$ and $Y$ are given by, \[ Q_X = 200 - 4P \quad \text{and} \quad Q_Y = 300 - P, \] where $P$ is the uniform price per unit. The unit cost of producing each meal is Rs. 50. The value of $P$ (in Rs.) that maximizes the canteen’s profit is

The utility from wealth $(w)$ for an individual is given by $u(w) = \sqrt{w$. The individual owns a risky asset that is equally likely to yield either Rs. 400 or Rs. 900. The risk premium of the asset (in Rs.) is}

Which one of the following is NOT a feature of the New Industrial Policy, 1991?

Which one of the following is a possible reason for underestimation of the official poverty ratio in India?

Which one of the following committees is NOT associated with financial sector reforms in India?

When the expected future marginal product of capital increases, then the IS curve

An unanticipated inflation would cause