C:-SGSY
D:-PMRY
Correct Answer:- Option-B
Question29:-PMAGY is
A:-Prime Minister Adharsh Grameen Yojana
B:-Pradhan Mantri Adharsh Grameen Yojana
C:-Prime Mahila Aadhar Grama Yojana
D:-Primary Maha Aadhar Grama Yojana
Correct Answer:- Option-B
Question30:-Rajiv Gandhi gramin vidyudikaran yojana was a scheme for
A:-Scheme for starting of hydro electric projects
B:-Scheme for rural electricity and household electrification
:-Scheme for installation of electricity in gamin schools
D:-Scheme for starting small hydro electric projects in rural areas
Correct Answer:- Option-B
Question31:-Which of the following best describes the methodology of Microeconomics?
A:-Dynamic, descriptive and general equilibrium
B:-Static, predictive and partial equilibrium
C:-Comparative static, descriptive and partial equilibrium
D:-Dynamic, predictive and general equilibrium
Correct Answer:- Option-C
Question32:-In the case of Giffen goods substitution effect is
A:-Smaller than income effect
-Greater than income effect
C:-Equal to income effect
D:-None of the above
Correct Answer:- Option-A
Question33:-''Beautiful mind" is the biography of which mathematical genius who won Nobel Prize in Economics
A:-James Heckman
-John F. Nash
C:-James M. Mirless
D:-Kenneth J. Arrow
Correct Answer:- Option-B
Question34:-A dynamic demand function postulates
A:-Consistency in preferences
-Lagged values of demand and income
C:-Transitivity in choice
D:-Strong ordering of preferences
Correct Answer:- Option-B
Question35:-If income is either Rs. 250 with probability p=0.40 or Rs. 2,500 the expected income is
A:-Rs. 2,000
B:-Rs. 1,800
C:-Rs. 1,500
D:-Rs. 1,600
Correct Answer:- Option-D
Question36:-Which of the following circumstances in an industry will result in Nash equilibrium?
A:-All firms have a dominant strategy and each firm chooses it
B:-All firms have a dominant strategy and only one firm choose it
C:-All firms have a dominant strategy and no firm chooses it
D:-None of these
Correct Answer:- Option-A
Question37:-Marginal Revenue Product of a factor of production is
A:-The total revenue generated when one more unit of a factor is employed
-Change in the average revenue when an additional unit is employed
C:-Total revenue per factor when one more unit is hired
D:-Change in total revenue when an additional unit is used
Correct Answer:- Option-D
Question38:-Market power is least for the seller in case of
A:-Perfect competition