Practice Research Questions and Answers

• At price of Rs.5 quantity demanded is 10 units and at price of Rs.6, demand is 8 units. Calculate the market demand when price is Rs.4
• For the demand function Q=a-P and the Marginal cost = c. Arrange the quantity produced by the following models in ascending order I) Bertnard  II) Mon...
• In the Harrod-Domar growth model, economic growth is determined by:
• When the expected future marginal product of capital increases, then the IS curve
• According to Economic survey 2023-24, what is the real GDP growth rate of India in FY24?
• As per the Economic Survey (2023-24), what was the improvement in India's Current Account Deficit (CAD) in FY24 compared to FY23?
• If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
• An increase in the international reserves of an economy indicates that 
• Stagflation describes a situation of
• An indirect utility function
• Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)? 
• You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy scheme...
• Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
• Which of the following is a key objective of India's New Industrial Policy 2019-2024?
• A monopolist is facing a downward sloping linear market demand. His variable cost of production is zero. The profit maximizing price will
• X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the crim...
• Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, then�...
• Saddle point in game theory depicts which of the following
• In the Solow growth model, steady-state growth occurs when:
• In development economics, “poverty trap” refers to:
• In which of the following case , the production cost curves shifts downward?
• Expansion path is related to production theory similarly ________________ is related to consumption theory
• What is the output elasticity of labour in the following production function? Q = 10L0.5K0.5
• When the slope of average cost is negative then which of the following holds true?
• What does the elasticity of substitution depict?
• What is the supply curve of a firm in Perfect Competition?
• Locus point of Isoquants wherein the marginal productivity of one of the factors is 0 is called
• What is the value of elasticity of substitution in case of Cobb Douglas function?
• The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 liter o...
• In the short run, a tariff imposed on imports generally:
• Which of the following is correct?
• When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______. ...
• Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium. Its balance of payments wou...
• For a positively sloped LM curve, which of the following statements is CORRECT?
• Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
• Which theorem intends to show that the change in commodity prices changes the distribution of real incomes between capital and labor?
• The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if
• What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20