Page:13
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Non Vocational Teacher (Junior) Economics' And exam conducted in the year 2023. And Question paper code was '087/2023'. 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.
47.
48.
49.
50.
Petroleum product pricing in India is determined by
(A) Public and Private sector oil marketing companies
(B) Private Sector oil marketing companies
(C) Public sector oil marketing companies
(D) International price movements
Which of the following statement is/are not correct about Exchange Rate?
@
൬
[
Depreciation of a country’s currency makes its imports cheaper and export more
expensive
An appreciation of a country’s currency makes its exports more expensive and imports
cheaper
It is determined in the foreign exchange market
(A) Only 6) (B) Only Gi)
(൭ Allof the above (i), (ii) and (iii) (D) Only 6), Gi)
From the following statements about correlation, choose the statement which is not correct
(4) If the change in one variable affects a change in other variable, the variables are
correlated
(B) Two independent variables are uncorrelated
(C) A measure of correlation is Karl Pearson coefficient of correlation
(D)_ The value of correlation coefficient ranges from —1 to 1
Which of the following statement is/are correct about Industrial Policy of 1991?
(6)
Gi)
Gi)
It provides approval for up to 51% foreign equity in high priority industries
It promotes license-permit raj
It proposed to remove the limits of assets fixed for MRTP companies and dominant
undertakings
(ಯ) Only (ii) and (iii) (B) Only (i) and (ii)
)© All of the above (i), (ii) and (iii) (D) Only @ and (ii)
15 08 7/2023
[P.T.0.]