(= Which of the following theories is a special case of the theory of Second Best?

(५) Free Trade Area (B) Customs Union

(©) Common Market (D) European Union
55, In which year was Contingency Credit Line introduced by IMF?

(^) 1996 (B) 1997

(9 1998 @™ 1999

86. Who found that BoP disequilibria were settled mostly by international capitai flows rather
than through Gold Shipments?

@
©

08
0)

Tinbergen
Mundell

Taussig

Swan

57. As per CRISIL rating symbols, ‘B’ is the rate given to those capital market securities whose
risk can be rated as :

(ക High nsk
(C) Norisk

(8)
(0)

Substantial risk
None of the above

58. The oldest and most accepted argument for protection which was formulated in 1790 :
(A) ‏رق‎
‎0 യു

Diversification argument Anti-dumping argument

Terms of trade argument

Infant industry argument

59. Which of the following is not among the theories of Optimum currency area?

(A) Mundell’s factor mobility theory

(18) Kravis' theory of availability

(£) Kenen's product diversification theory
(D) Wood's cost-benefit theory

60. When the speculators feel that the domestic interest rates will increase in future, they will be
keenly interested to invest in :

(4) Short term securities
(C) Long term securities

(1)
)

Medium term securities
Both (A) and (C)

61. Linear Programming Problem [LPP] was daveloped by :
(ക) Gauss Markov (1) பலா Dantzig
(C) Wassily Leontief (D} Bruce Greenwald

62. Engel ageregation condition implies that the sum of income elasticities of two goods x and y
18:

ക്ര

(0)

(7)
0)

negative positive

760 one

55/2014
[11.0