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kindly explain in details please 37. Employment in the organised sector as a percentage of the total working force in 2003 accounted for : (A)

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kindly explain in details please

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37. Employment in the organised sector as a percentage of the total working force in 2003 accounted for : (A) Below 10% but greater than 5% (B) Below 15% but greater than 10% (C) Below 20% but greater than 15% (D) Below 25% but greater than 20% 38. In respect of GDI, India's rank in 2003 stood at : (A) 90 (B) 92 (C) 98 (D) 105 39. Minimum support price in the agricultural sector is undertaken to : (A) Prevent fall in the price in face of a glut in any given year (B) Protect the interests of the farmers (C) Provide incentive to farmers (D) All of the above 40. The New Social Security Scheme for unorganised sector in India was launched in : (A) 1991 (B) 1996 (C) 2001 (D) 2004 41. As per the tenth plan projections the percentage of population below the poverty line in 2007 would be around : (A) 19.2 (B) 23.1 (C) 27.2 (D) 35.9 42. As per the report of the third working group (1998) which of the following measure is used by R B I to measure the total money supply. (A) M1 + M2 (B) M1 + M3 (C) M2 + My (D) M1 + M2 + M3 + My Where My, My, My and M, have the usual accepted meanings.33. The quantum of intra-regional trade among the countries of the world is explained by : (A) Heckscher-Ohlin theory (B) Comparative cost theory (C) Both (A) and (B) (D) Theories based on imperfect competition 34. The income terms of trade of a country is defined by Dorrance as : (A) (PJ) (Pm) (2) Pm x100 (B) PX Pm xQ: (C) PX Ps x Qx (D) PIM 35. Which of the following is not a full-fledged member of the ASEAN group at present (2006) ? (A) Indonesia and Mynamar (B) Phillippines and Thailand (C) India and Pakistan (D) South Vietnam and Singapore 36. Match the years in the List-I with the events in List-II : List-I List-II (a) 1966 (i) Creation of SDR (b) 1969 (1i) Collapse of the Bretton Woods System (c) 1971 (iii) Devaluation of the rupee during 60' S (d) 1995 (iv) Creation of WTO Codes : (a) (b) (@) (d) (A) (iv) (ii) (i) (ii) (B) (iii) () (C) (1) (in1) (iv) (ii) (D) (ii) (iv) 3 (1)27. The Non plan grants by the central government to the state governments in India are made on the recommendations of : (A) Ministry of Finance ) Finance Commission (C) RBI (D) Planning Commission 28. A transfer payment is a payment : (A) made by the government to its current workers. (B) made to people who are needy. (C) For in-kind services provided to the government. (D) For which no services or goods are rendered. Which one of the following does not constitute a problem in Centre-State financial relations in India ? (A) Problem of State Autonomy (B) Neglect of Horizontal transfers (C) Problem of Inter-State Disparities (D) Suicide by farmers in certain States 30. An act of devaluation of a currency, other things being equal, will : (A) Increase the total quantum of the exports and reduce the total quantum of imports of the devaluing country (B) Increase the total quantum of both exports and imports (C) Decrease the total quantum of both imports and exports (D) Decrease the total volume of exports and increase the total quantum of imports 31. India, at present, has full convertibility of rupee on : (A) Current Account (B) Capital Account (C) Both on Current and Capital Account (D) None of the above 32. The value of Special Drawing Right (SDR) at present is determined in the international market by : (A) The price of gold (B) The value of US $ (C) The average value of the basket of a set of convertible currencies (D) Euro22. List-I includes names of some authors and List-II some theories/hypothesis related with these authors. Matching authors with their contribution select correct answer from the codes given below the lists : List-I List-II (Authors) (Contribution) (a) Rodan, R. Low level equilibrium trap (b) Nelson, R. (ii) Critical minimum effort (c) Hirschman, A (iii) Big push (d) Leibenstein, H (iv) Unbalanced growth Codes : (a) (b ) (c) (d) (A) (iii) () (iv) (i) (B) (iii) (@) (1i) (iv) (C) (iv) () (iii) (mi) (D) (i) (iii) (1) (iv) 23. In investment criteria shadow prices are the prices : (A) In black market parallel to controlled prices (B) Fixed by the government without a consideration of cost of production (C) Which reveal true scarcity value of goods and factor inputs. (D) At which goods and factors are not available 24. A Progressive Tax is one in which : (A) The tax payment as a percentage of income falls (B) The tax payment as a percentage of income is constant (C) The tax payment as a percentage of income increases (D) There is no linkage between income and tax payment 25. One of the necessary conditions for correcting fiscal imbalance is : (A) The real interest rate on public debt is equal to GDP growth rate (B) The real interest rate on public debt is greater than GDP growth rate (C) The real interest rate on public debt is lower than GDP growth rate (D) None of the above . The 12th Finance Commission recommended, among other things, to raise the share of states in net proceeds of divisible pool of central tax to :18. Assertion (A) : Cumulative causation is an explanation of backwardness of developing nation. It is a hypothesis of geographical dualism. Reasoning (R) : Expansion in a favoured region has a backwash effect on other regions causing regional disparities. Select the correct answer using the code : Code : (A) Both (A) and (R) are true and (R) is the correct explanation of (A). (B) Both (A) and (R) are true but (R) is not correct explanation of (A). (C) (A) is true but (R) is false. (D) (A) is false but (R) is true. 19. Human Development Index prepared by UNDP is based on some of the following variables : (i) Life expectancy at birth (ii) Health facilities (iii) Per capita income adjusted by purchasing power (iv) Literacy and enrolment percentage Of the above variables : (A) (1), (ii) and (iii) are correct (B) (ii), (iii) and (iv) are correct (C) only (i) and (iii) are correct (D) (1), (iii) and (iv) are correct 20. Which of the following is not the assumption of Solow's model of long run growth ? (A) Saving ratio is constant (B) Prices and wages are constant (C) Production function is linear homogeneous (D) Labour and output not growing at same rate 21. The original interpretation of balanced growth relates to : (A) all sectors growing at the same rate (B) equal amount of investment in all sectors (C) absence of shortages or excesses (D) large expansion of economic activities in all the areas14. Investment demand in a Keynesian system is determined by : (i) Marginal efficiency of capital (ii) Tax rates (iii) Marginal efficiency of investment (iv) Stock of capital Select the correct answer according to the code : (A) (1) and (ii) (B) (1) and (iii) (C) (ii) and (iii) (D) (iii) and (iv) 15. Which one of the following is NOT a sign of economic development ? (A) Changing structure of GDP in favour of industry (B) Larger share of GDP coming from primary sector (C) Larger capital inflows (D) Institutional changes in an economy, 16. Rate of real income growth in a country is annual percentage growth of : (A) Rate of GDP growth at current price (B) GDP growth at factor cost at current prices (C) Rate of GDP growth at factor cost at constant prices (D) Rate of GDP growth at market prices 17. Consider the following statements : (i) Economic development which results in high level of GDP in present time. (ii) A pattern of development that seeks to meet the needs of present without compromising the ability of future. (ii) Development which ensures maximum welfare of present generation. (iv) Development which takes into account environmental degradation. Of the above, sustainable development includes : Code : (A) (ii) and (iv) only (B) (ii) and (iii) only (C) (i) (ii) and (iii) (D) (1) (ii) (iii) and (iv)

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