Kerala PSC Previous Years Question Paper & Answer
Page:11
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'HSST ECONOMICS - JUNIOR - SR FOR SC/ST' And exam conducted in the year 2016. And Question paper code was '064/2016/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.
A:-Economic review
B:-Economic out look
C:-Economic survey
D:-Economic report
Correct Answer:- Option-C
Question95:-Substitution effect is positive but income effect is negative for
A:-Luxury goods
-Free goods
C:-Exported goods
D:-Inferior goods
Correct Answer:- Option-D
Question96:-According to inter temporal substitution model, workers will substitute work for leisure if
A:-There is unemployment in the market
B:-The increase in the wage rate is only temporary
C:-The marginal utility of work is equal to leisure
D:-None of these
Correct Answer:- Option-B
Question97:-The stage theory of growth was postulated by
A:-W. W. Rostow
imon Kuznet
C:-Arthur Lewis
D:-H. O. Hirschman
Correct Answer:- Option-A
Question98:-Laffer Curve is related to
A:-Multi firm equilibrium
B:-Supply side economics
C:-Break even analysis
D:-Disequilibrium in the labour market
Correct Answer:- Option-B
Question99:-According to 2015 report, the global position of India in the consumption of oil is
A--First
B:-Second
C:-Third
D:-Fourth
Correct Answer:- Option-C
Question100:-The term inside trading applies to
A:-Foreign trade market
B:-Domestic product market
C:-Factor market
D:-Share market
Correct Answer:- Option-D