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Practice Research Questions and Answers

Which of the following is true for Disposable Income?
Which of the following statements about contingent valuation is correct?
Money Multiplier is always
GDP at market price is given by?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s _______...
The Ministry of Commerce & Industry recently came up with the Logistics Ease Across Different States 2021 Index known as the “National Logistics Index 20...
In the first advance estimates of national income 2021-22 released by the Government of India, what is the projected nominal GDP equal to?
As per the first advance estimate for 2019-20, the GDP at current market price is 23214703 crore INR and the GDP at constant market price is 14753535 crore...
Which of the following Bank has been authorized by the Reserve Bank of India to collect direct and indirect taxes on behalf of the Central Board of Direct ...
Which of the following demand functions has unitary elasticity everywhere?
In two commodity worlds if one good is inferior then the other must be
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the horizontal axis...
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
In a perfectly competitive market, a firm’s long run supply curve is
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
For a monopolist, price is Rs.16 and marginal revenue is Rs.4, the elasticity of demand will be
Which of the following statements is associated with general equilibrium analysis?
For Cobb-Douglas production function the elasticity of substitution is
For fixed proportion production function, the elasticity of substitution is
For which preferences the income offer curve and the price offer curve are equal?
Income elasticity of an inferior good is always
Which of the following functions has a degree of homogeneity not equal to unity?
List – I List – II a. Law of Absolute Cost Advantage 1. Haberler b. Doctrine of Comparative Cost Advantage 2. HescherOhlin ...
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
Which of the following four-firm concentration ratios is most consistent with perfect competition?
Lorenz Curve is given by: L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
Assertion (A): Use of goods and services from which one can be excluded are pure private goods. Reason (R): Such goods and services are not provided free b...
Identify the order of chronological development of the theory of demand. a. Marshall’s theory of demand b. Indifference curves c. R...
List – I List – II a. Kinked demand curve hypothesis 1. William Baumol b. Sales maximization model of oligopoly 2. Paul Sweez...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is M=20. Then h...
Ed=1 i. MR is negative ...
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
Under nominal wage rigidity, the short run aggregate supply schedule will be
In the basic Solow model of growth
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
Which among the following are the main pillars of the Basel III norms? Minimum capital requirements Supervisory review process Market discipline ...
The concept of vicious circle of poverty is associated with
During the planning period, highest growth rate was achieved during
Mahalanobis model is –

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