Kerala PSC Previous Years Question Paper & Answer

Title : HSST JUNIOR ECONOMICS
Question Code : A

Page:14


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'HSST JUNIOR ECONOMICS' And exam conducted in the year 2018. And Question paper code was '012/2018'. 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.

page: 14 out of 16
Excerpt of Question Code: 012/2018

94. Which of the following is a stage within the ‘product life cycle' ?
(A) Maturity (B) Profitability
(ಲ) Abandonment (D) Regeneration

95. An organisation's equal opportunities policy should be concerned with which of the following ?
(ಹ) Age discrimination (B) Opportunity cost
(ಲ) Globalisation of supply (D) the balanced scorecard

96. Which of the following describes an economic market that is controlled by two main suppliers ?
(ಹಿ) Monopoly (B) Price discrimination
(C) Duopoly (D) Perfect competition

97, Which of the following explains how a Public sector organization obtains its Funds ?
(ಯ) from direct and indirect ல
(B) from money invested by shareholders
(€) from donations made by the public
(D) from sales in overscas markets

98. 'Dynamic inefficiency' in the context of a model of economic growth means
(ക) the economy's output per unit labour is below its steady-state value
(B) ॥16 economy's unemployment rate is too high
(C) the economy's steady state is not at the golden-rule steady-state
(D) none of the answers are correct

99. ‘Capital Widening' refers to that part of investment needed to
(ക) 10070850 070 080181 0೦7 unit effective labour ratio
(B) ஈஸ capital that has depreciate
(¢) equip new units of effective workers at the same capital per unit effective labour ratio
(D) all of the above

100. A PEST" analysis is conducted on which of the following of an organisation's environments ?

(ಹ) Internal environment (B) Market environment
(C) Historical environment (D) Macro environment

012/2018 14

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