EDUCATION CIRCLE

 1. Cardinal measure of utility is requiredin (A) Utility Theory (B) Indifference Curve Analysis (C) Revealed Preference  (D) Inferior Goods Answer: (A) 2. A Right-ward shift in Demand Curve indicates (A) A decrease in supply (B) An increase in quantity supplied (C) An increase in supply over the previous year (D) Law of Variable Proportions Answer: (C) 3. Which of the following is the condition for equilibrium for Monopolist? (A) MR = MC (B) MC = AR (C) MR = MC = Price (D) AC = AR Answer: (A) 4. Giffen goods are those goods (A) For which demand increases as price decreases (B) Which is in short supply? (C) Which have high elasticity of demand? (D) Which gives rise to a Cob-Web situation? Answer: (A) 5. Match List-I with List-II and select the correct answer using the codes given below the lists. List – I                                      (Demand Estimation Method)    ...

NET GENERAL:-62% OBC:-57% EWS:-56% SC-54% ST-51% JRF GENERAL:-73% OBC:-70% EWS:-67% SC-64% ST-60% NB: It's variation 3%-4%

GENERAL: 110-120 BC: 107-117 EBC:105-115 SC:100-110 ST: 97-107 NOTE: it's expected about only Written 

📌Green Revolution - Food 📌White Revolution - Milk 📌Yellow Revolution - Oilseeds (mustard) 📌Blue Revolution - Matsya 📌Pink Revolution - Shrimp 📌Kali (Krishna) - Petroleum (Petrol, Diesel, Kerosene) 📌Red Revolution - Tomatoes, Meat 📌Silver Revolution - Farm Egg 📌Brown Revolution - Food Processing 📌Badami Revolution - Spice Production 📌Gray Revolution - Cement 📌Round Revolution - Potatoes 📌Indradhanush Revolution - All Agricultural Production In Hindi  📌हरित क्रांति -- खाद्यान्न 📌श्वेत क्रांति -- दुग्ध 📌पीली क्रांति -- तिलहन (सरसों) 📌नीली क्रांति -- मत्स्य 📌गुलाबी क्रांति -- झींगा 📌काली (कृष्ण) -- पेट्रोलियम (पैट्रोल, डीजल, केरोसीन) 📌लाल क्रांति -- टमाटर , मांस 📌रजत क्रांति -- फार्मी अण्डा 📌भूरी क्रांति -- खाद्य प्रसंस्करण 📌बादामी क्रांति -- मसाला उत्पादन 📌स्लेटी क्रांति -- सीमेण्ट 📌गोल क्रांति -- आलू 📌इन्द्रधनुष क्रांति -- सभी कृषि उत्पादन

Unit-1 : Micro Economics    Theory of Consumer Behaviour   Theory of Production and Costs  Decision making under uncertainty Attitude towards Risk   Game Theory – Non Cooperative games   Market Structures, competitive and non-competitive equilibria and their efficiency properties  Factor Pricing  General Equilibrium Analysis   Efficiency Criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization   Welfare Economics: Fundamental Theorems , Social Welfare Function  Asymmetric Information: Adverse Selection and Moral Hazard Unit-2 : Macro Economics   National Income: Concepts and Measurement  Determination of output and employment: Classical & Keynesian Approach  Consumption Function   Investment Function   Multiplier and Accelerator   Demand for Money  Supply of Money  IS – LM Model Approach  Inflation and Phillips Curve Analysis  Business Cycles  Monetary and Fiscal Policy  Rational Expectation Hypothesi...

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