List of practice Questions

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?
Supremacy of science over non-sciences is attributed to ______________________.
Communism, universalism, disinterestedness and _______ constitute Mertonian ethos of science.
_______ theory postulates that developing economies will catch up with developed economies if they follow the social and economic models of Western capitalism.
____________________ approach was NOT propounded by B. S. Cohn as one of the approaches to study Indian civilization.
In Hindu society, marriage of a widow to the husband’s brother is referred to as ________________________.
Because of Covid-19 lockdown, many working-class people lost jobs and prices rose, worsening their economic condition. Which concept of Karl Marx best describes this ‘increasing impoverishment’ of the poor in contemporary times?
____________________ coined the term, ‘ethnocentrism’.
Which of the following is NOT a characteristic of hypothesis?
________________________________ theory most appropriately describes a hierarchy of wealthy ‘core’ nations, poor ‘periphery’ nations, and a middle group of ‘semi-periphery’ nations.
Objectivity in social science research as a matter of transpersonal replicability entails ________________________.
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 groupPopulation in 2010Population in 2017
0 to 14 years201630213609
15 to 64 years899210847552
65 years and above232450254474
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?
Which of the following statements is correct about the Fourteenth Finance Commission?
Many scholars consider the study conducted by Dandekar and Rath in the 1960s as the first systematic assessment of poverty in independent India. Which option from the following is NOT correct about the study?
In the Human Development Index (HDI), the longevity is measured by
How many atoms of an acidic hydrocarbon of molecular formula \(C_4H_4\) lie on a straight line ?

Consider a closed-economy IS–LM model. The IS and LM equations are \[ Y=C(Y)+I(z)+\bar G,\qquad \frac{\bar M}{\bar P}=kY-l\,i, \] where \(z\equiv i-\pi^{e}\). Suppose everyone suddenly expects higher future inflation \((\uparrow \pi^{e})\). Assuming the LM curve remains unchanged, what happens in the short run?

In a Mundell–Fleming small open economy with perfect capital mobility and fixed price level $\bar P$, the goods market is $Y=C(Y)+I(r^\ast)+G+NX(e)$ and the money market is $\dfrac{M}{\bar P}=kY-\ell r^\ast$. Which policies are {ineffective} (no impact on income) in the short run?