CUCET PhD Entrance MCQs

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1.Which of the following is the better role of Neo classical welfare economist ?                    
A.Pigue>Marshal >Cannon    B.Marshal>Cannon>  Pigue    C.Marshal>Pigue>
Cannon✔        
D.Marshal >Cannon >Redar

 2. Which is not correct in Neo-Classical welfare Economics ?   
A.Consumer Surplus         
B.National Income         
C.Distribution Of income      D.Cause and Effect✔

 3.For the production function  Q=A.L^a.K^b the marginal rate of substitution of capital For labour is given by :-                  A.a/L . L/b                        
B.a/b . K/L  ✔                    
C.b/a .L/K                     
D.K/a.L/b

 4.For the production function  Q=A.L^a.K^b the marginal rate of substitution of Labour For Capital is given by :-                A.a/L . L/b                        
B.a/b . K/L                      
C.b/a .L/K   ✔                     
D.K/a . L/b

 5.In the choice of technique,the conflict bw employment & saving the level of employment that maximise saving is given by :-
A.L=(a-w)/2b✔
B.L=2/ab 
C.L=(a-w)/b
D.2b=a-w/2bl

 6.Consider the following  is not one of them correct against Pareto optimum?
A.Max.social welfare 
B.Indifference curve 
C.Trnformation curve 
D.None✔

 7.The mean of a distribution is 14 and the standard deviation is 5.what is the value of the coefficient of variance ?
A.63.4
B.35.7✔
C.4.25
D.27.8

 8.if the standard deviation of population is 16 then population variance is :-
A.4
B. 8
C. 256✔
D.32

 9.Given that MPl where MP=12L-0.12L^3 the value of L is :-
A.7.1
B.5.7
C.10✔
D.5.9

 10.who was given 1st classical group concept ?
A.Smith
B.Marshall
C.Marx✔
D.keyns

11.Dual gap analysis :-
A.Disposal income
B.investment depend upon export
C. Saving depend upon import
D.All Investment related to ✔
12.investment related to
A.Public
B.private
C.Both ✔
D.None
13.Disinvestment related to :
A.Public✔
B.private
C.Both
D.None
14.Targeted Public  distribution  system(TPDS) function  under 2013 Act:-
A.APL
B.BPL
C.BOTH
D.ANTODYA AAN YOJNA✔
15.Whish is Established act of Targeted Public distribution system(TPDS)
A.1992
B.1993
C.1997✔
D.2013
16. If Growth  8, change in saving 4, change in  income 100 ,real investment 4 and  change in investment 2 then average productivity of investment is:-
A.80
B.200
C.300
D.None✔
17.If Growth rate 5, saving 4 & income 100 then capital output ratio is :
A.2:25
B.1:75
C.3:25
D.None✔
18. If APS 5 and growth of income 75  then capital output ratio is:-
A.1:25
B.1:50
C.1:75
D.None✔
19.If MPS 9 and growth of income 6 then capital output ratio is:-
A.1:25
B.1:50
C.1:75
D.None✔
20.when was discussed about RBI firstly ?
A.1910
B.1914✔
C.1926
D.1928

21.Which  is concerned to Balance Growth ?
1.capital requirement less
2.long term strategy✔
3.Both
4.None

22.if change in population more than change in capital then result as :-
1.real wages increase
2.real wages decrease✔
3.constant real wage
4.absorb all the excess capital

23.Weak hypothesis means:
1.subjective value become equal to objective value
2.people use impossible information and consider it before taking any decision
3.Both
4.None✔

24.Which one of the following is not New classical Economist?
1.Lucas
2.Wallace
3.both
4.keyns✔

25.Which is one correct of following about Inflationary Gap?
1.more amount than full employment✔
2.less amount than full employment
3.option 1or 2
4.Both

       

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