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Old 8th October 2014, 01:38 PM
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Default Question Papers of UGC NET June of Economics

Will you please provide me the Question Papers of UGC NET June of Economics??
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Old 8th October 2014, 01:59 PM
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Default Re: Question Papers of UGC NET June of Economics

As you want the Question Papers of UGC NET June of Economics so here it is given below

UGC NET June Economics Question Paper

This paper contains fifty (50) objective type questions, each question carrying two (2) marks. Attempt all the questions.

1. Consider a Cobb Douglas production
function :
q = AKLwhich is homogeneous
function of degree 4. Of what degree
of homogeneity are its marginal
products functions (mpl and mpk)
i.e.
q
L
,
q
K
?
(A) 4 (B) 3
(C) 2 (D) 1
2. Green Box subsidies under WTO are
allowed because they are considered
to be
(A) Minimally trade distorting.
(B) Higher among developed and
relatively lower for developing
countries.
(C) They are confined to
agriculture sector.
(D) They are related to GATS
provision.
3. Which of the following gives
measures of price elasticity of
demand ?
(A)
Qx
Px

Px
Qx
(B)
Px
Qx

Px
Qx
(C)
Qx
Px

Qx
Px
(D)
Px
Qx
4. The rate at which the Central Bank
discounts the bills of commercial
banks is called
(A) Discount Rate
(B) Bill Rate
(C) Interest Rate
(D) Lending Rate
5. If the economy is in the liquidity
trap, then
(A) Fiscal policy will be more
effective
(B) Monetary policy will be more
effective
(C) Crowding out effect will make
fiscal and monetary policy
effective
(D) None of the above
6. If the price consumption curve of a
commodity is bending backwards,
then the commodity must be
(A) An inferior commodity
(B) A perfectly elastic commodity
(C) Normal commodity
(D) Giffen goods
7. IS curve represents :
(A) Goods Market Equilibrium
(B) Money Market Equilibrium
(C) Bond Market Equilibrium
(D) Labour Market Equilibrium
8. “Freedom as Development” book is
written by
(A) Keynes
(B) Amartya Kumar Sen
(C) Mrs. Joan Robinson
(D) Gunnar Myrdal
9. The Chairman of 13th Finance
Commission is
(A) Dr. Vijay Kelkar
(B) Dr. M. Govind Rao
(C) Dr. C. Rangarajan
(D) Dr. Atul Sarma

10. Human Development Index was
formulated by
(A) World Bank
(B) International Monetary Fund
(C) UNTAD
(D) UNDP
11. In the Hekscher-Ohlin theory, the
most important cause of the
difference in relative commodity
prices and trade between nations is a
difference in
(A) Factor endowments
(B) Technology
(C) Tastes
(D) None of these
12. ‘Inclusive Growth’ objective is given
in the plan document of
(A) Ninth Five Year Plan
(B) Tenth Five Year Plan
(C) Eleventh Five Year Plan
(D) Twelfth Five Year Plan
13. If X is distributed normally, then X2
follows :
(A) t distribution
(B) Chi-square distribution
(C) F distribution
(D) The Poisson distribution
14. Critical minimum effort theory is
given by
(A) Leibenstein
(B) Rosenstein Rodan
(C) Arther Lewis
(D) Marx
15. Economic development process is
concerned with
(A) A rise in per capita income
(B) A rise in percentage GDP
(C) Changes in structure of
economy
(D) None of these
16. In a regression r2 is the ratio between
(A) explained and total variation
(B) explained and unexplained
variation
(C) unexplained and total variation
(D) none of the above
17. The mean absolute deviation is
minimised when calculated from
(A) mean
(B) mode
(C) harmonic mean
(D) median
18. Main objective of public distribution
system is
(A) Exports of food
(B) Import of food
(C) Food security
(D) Quality of food
19. Securities and Exchange Board of
India (SEBI) has to monitor
(A) Companies coming for New
Public issues
(B) Regulation of stock exchanges
in India
(C) Regulation of insider trading
and outsider trading
(D) All the above functions
20. Which committee recommended tax
on agriculture holding in India ?
(A) Tandon Committee
(B) Raj Committee
(C) Kelkar Committee
(D) Dantwala Committee

Note : Consider the following statements
and select the correct answer from
the codes given below for
Questions 21 to 30. (Assertion and
Reason type Questions) :
Codes :
(A) Both (A) and (R) are true, and
(R) is the correct explanation
of (A).
(B) Both (A) and (R) are true, and
(R) is not the correct
explanation of (A).
(C) (A) is true but (R) is false.
(D) (A) is false but (R) is true.
21. Assertion (A) : Consumption is
high when saving is high.
Reason (R) : Income is high
when investment is high.
22. Assertion (A) : In Keynesian
theory, investment level
depends upon rate of interest.
Reason (R) : Rate of interest
is cost of production to the
company.
23. Assertion (A) : Disguised
unemployment is present in
India.
Reason (R) : Agricultural
productivity at margin is close
to zero.
24. Assertion (A) : Removal of
poverty remains a central
concern of planning in India
Reason (R) : Development is
not just about factories, dams
and other infrastructure, it is
basically about human beings.
25. Assertion (A) : Devaluation will
lead to improvement in
balance of trade.
Reason (R) : Devaluation will
lead to increase in price of
exports.
26. Assertion (A) : Rate of interest
decreases during depression.
Reason (R) : People are
pessimistic during depression.
27. Assertion (A) : Reserve Bank of
India raises money supply
through purchase of securities
in the money market.
Reason (R) : Increase in
money supply may result in
expansion of investment and
employment.
28. Assertion (A) : Skewness
measures regression.
Reason (R) : Kurtosis measures
flatness at the top of frequency
curve.
29. Assertion (A) : Sex ratio is
below 1000 in India.
Reason (R) : Sex ratio is
above 1000 in Kerala.
30. Assertion (A) : Demand curve is
vertical when elasticity of
demand is zero.
Reason (R) : Marginal utility
of a product is increasing.

Note : Arrange the following in order in
which they appeared. Use the code
given below :
31. (i) An Enquiry in to the Nature
and causes of Wealth of
Nations.
(ii) An Enquiry into the Nature
and causes of Poverty of
Nations.
(iii) The General Theory of
Employment, Interest and
Money
(iv) The Theory of Population.
Codes :
(A) (iv) (iii) (i) (ii)
(B) (i) (iv) (iii) (ii)
(C) (ii) (i) (iii) (iv)
(D) (i) (iii) (iv) (ii)
32. (i) International Monetary Fund
(ii) International Finance
Corporation
(iii) World Trade Organization
(iv) General Agreement on Tariffs
and Trade
Codes :
(A) (iv) (i) (iii) (ii)
(B) (i) (ii) (iv) (iii)
(C) (i) (iv) (ii) (iii)
(D) (ii) (iii) (i) (iv)
33. (i) Imperialism
(ii) Mercantalism
(iii) Capitalism
(iv) Feudalism
Codes :
(A) (ii) (iv) (iii) (i)
(B) (iv) (iii) (ii) (i)
(C) (iii) (iv) (ii) (i)
(D) (iv) (ii) (i) (iii)
34. (i) Friedman’s Quantity Theory of
Money
(ii) Fisher’s Equation of Exchange
(iii) Cambridge Equation of
Exchange
(iv) Don Patinkins Theory of
Money
Codes :
(A) (ii) (iii) (iv) (i)
(B) (i) (ii) (iii) (iv)
(C) (ii) (iii) (i) (iv)
(D) (iii) (iv) (ii) (i)
35. Governors of Reserve Bank of India
(i) Dr. C. Rangarajan
(ii) Dr. I.G. Patel
(iii) Dr. D. Subba Rao
(iv) Dr. Manmohan Singh
Codes :
(A) (iv) (ii) (iii) (i)
(B) (ii) (iv) (i) (iii)
(C) (iv) (i) (ii) (iii)
(D) (ii) (i) (iv) (iii)
36. In terms of the size of the economy
(i) China
(ii) India
(iii) USA
(iv) Japan
Codes :
(A) (i) (iv) (iii) (ii)
(B) (ii) (i) (iv) (iii)
(C) (iii) (i) (iv) (ii)
(D) (iv) (iii) (i) (ii)
37. (i) Secular Deterioration
Hypothesis
(ii) Theory of comparative costs
(iii) Factor Endowment Theory
(iv) Factor-Price Equalization
theorem
Codes :
(A) (i) (ii) (iii) (iv)
(B) (iv) (iii) (ii) (i)
(C) (ii) (iv) (iii) (i)
(D) (ii) (iii) (iv) (i)

38. (i) Raj Committee on Taxation of
Agricultural Wealth and
Income.
(ii) Chellaiah’s Tax Reform
Committee
(iii) Taxation Enquiry Commission
(iv) The Indirect Tax Enquiry
Committee
Codes :
(A) (i) (ii) (iii) (iv)
(B) (iii) (i) (iv) (ii)
(C) (iii) (iv) (i) (ii)
(D) (ii) (i) (iii) (iv)
39. (i) Human Poverty Index
(ii) Human Development Index
(iii) Physical Quality of Life Index
(iv) Head Count Index (Calorie
measure)
Codes :
(A) (i) (ii) (iii) (iv)
(B) (ii) (i) (iii) (iv)
(C) (iv) (iii) (ii) (i)
(D) (i) (ii) (iv) (iii)
40. (i) Global Financial Crisis
(ii) Globalisation
(iii) Great Depression
(iv) Gold Standard Mechanism
Codes :
(A) (iii) (iv) (i) (ii)
(B) (i) (ii) (iv) (iii)
(C) (iii) (iv) (ii) (i)
(D) (iv) (iii) (ii) (i)
Note : Question Nos. : 41 – 46 are of
matching type. The candidates are
required to match List – I against
List – II and select the correct
answer code.
List – I List – II
(a) Consumer’s
Surplus
(i) Supply
decision
(b) Utility theory (ii) Art of
Advertising
(c) Cost Analysis (iii) Progressive
taxation
41.
(d) Product
differentiation
(iv) Welfare
economics
Codes :
(a) (b) (c) (d)
(A) (iv) (iii) (i) (ii)
(B) (iv) (iii) (ii) (i)
(C) (iii) (iv) (ii) (i)
(D) (iii) (iv) (i) (ii)
List – I List – II
(a) M1 (i) C + DD + OD + SD
(b) M2 (ii) C + DD + OD
(c) M3 (iii) C + DD + OD + TD
+ TD of post office
42.
(d) M4 (iv) C + DD + OD + TD
Codes :
(a) (b) (c) (d)
(A) (i) (ii) (iii) (iv)
(B) (ii) (i) (iv) (iii)
(C) (iii) (iv) (i) (ii)
(D) (iv) (i) (ii) (iii)

List – I List – II
(a) Keynesian
theory of
distribution
(i) W.S.
Javons
(b) Time
preference
theory of
interest
(ii) J.M.
Keynes
(c) Sun-Spot
theory of
trade cycle
(iii) N. Kaldor
43.
(d) Modern
theory of
income
determination
(iv) Bohm
Bawerk
Codes :
(a) (b) (c) (d)
(A) (ii) (i) (iv) (iii)
(B) (ii) (iv) (i) (iii)
(C) (iii) (iv) (i) (ii)
(D) (iii) (i) (iv) (ii)
List – I List – II
(a) Fiscal
Deficit
(i) Revenue and
interest
receipts minus
revenue
expenditure
(b) Revenue
Deficit
(ii) Revenue
receipts and
recovery of
loans and other
receipts minus
total
expenditure.
(c) Budgetary
Deficit
(iii) Receipts minus
disbursements in
capital account
44.
(d) Capital
Deficit
(iv) Total receipts
minus total
disbursements
Codes :
(a) (b) (c) (d)
(A) (i) (ii) (iii) (iv)
(B) (ii) (i) (iv) (iii)
(C) (iii) (ii) (iv) (i)
(D) (iv) (iii) (i) (ii)
List – I List – II
(a) Adam Smith (i) Availability
Theory
(b) David
Ricardo
(ii) Endowment
Theory
(c) Ohlin (iii) Absolute
Advantage
Theory
45.
(d) I.B. Kravis (iv) Comparative
Advantage
Theory
Codes :
(a) (b) (c) (d)
(A) (i) (ii) (iii) (iv)
(B) (iii) (iv) (ii) (i)
(C) (ii) (iv) (iii) (i)
(D) (iv) (iii) (i) (ii)
List – I List – II
(a) Rejecting Ho
when it is true
(i) Simple
random
sampling
(b) Population is
homogeneous
(ii) Type I
error
negatively
(c) Mean is equal
to degree of
freedom
(iii) Skewed
distribution
46.
(d) Mean > Mode (iv) X2
distribution
Codes :
(a) (b) (c) (d)
(A) (ii) (iv) (iii) (i)
(B) (ii) (i) (iv) (iii)
(C) (ii) (iv) (i) (iii)
(D) (iv) (i) (ii) (iii)

Note : Read the passage given below and
answer questions from 47 to 50
based on your understanding of
the passage :
The birth of Bretton Woods institutions in
the 1940s was a direct response to the
dismal experience of the 1920s and 1930s.
Many of those surveying the wreckage of
the global economic system in the dreary
days of the Second World War among
them, John Maynard Keynes, the dominant
economic thinker of that time – came to a
simple conclusion. The world’s economic
system needed honest referees. It could not
be left to the mercy of unilateral action by
governments or to the unregulated
workings of international markets. It
needed unilateral institutions of economic
governance to lay down some mutually
agreed rules for all nations on the conduct
of their affairs. Thus emerged the
International Monetary Fund (IMF), the
International Bank for Reconstruction and
Development (IBRD), or the World Bank
and, later, the General Agreement on
Tariffs and Trade (GATT).
47. Dismal performance of world
economy during 1920’s and 1930’s
gave rise to
(A) World Trade Organisation
(B) United Nations
(C) IMF
(D) European Economic Union
48. Bretton Woods twins are
(A) USA and UK
(B) IMF and World Bank
(C) ITO and WTO
(D) GATT and UNESCO
49. The honest referee during the
Bretten Woods negotiations was
(A) Adam Smith
(B) Amartya Kumar Sen
(C) J.R. Hicks
(D) J.M. Keynes
50. The outcome of Bretten Woods
negotiations was
(A) Replacement of Unilateral
Institutions by Multilateral
institutions.
(B) Replacement of Multilateral
Institutions by Unilateral
Institutions.
(C) Replacement of Flexible
exchange rates by Fixed
Exchange rates.
(D) Replacement of International
Trade Organisation by IBRD.
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  #3  
Old 18th May 2015, 01:14 PM
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Default Re: Question Papers of UGC NET June of Economics

I want to give UGC NET Economics so please provide me Previous Years Question Papers for preparation of Exam?
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  #4  
Old 18th May 2015, 01:19 PM
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Default Re: Question Papers of UGC NET June of Economics

Here I am providing you Previous Years Question Papers of UGC NET Economics for your preparation of Exam.

Question Papers of UGC NET Economics:

UGC NET Economics Paper






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File Type: pdf UGC NET Economics Paper 1.pdf (216.4 KB, 42 views)
File Type: pdf UGC NET Economics Paper 2.pdf (293.0 KB, 49 views)
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