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Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
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10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
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†Ó×ŸÖ´Ö ´ÖÖ®ÖÖ •ÖÖ‹ÝÖÖ …
[Maximum Marks : 100Time : 1 1
/4 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name) ____________________________
2. (Signature) __________________________
(Name) ____________________________
Roll No.________________________________
0 1
(In figures as per admission card)
J 1 4
J-01-14 1 P.T.O.

2. Paper-II 2 J-01-14
1. Who distinguished between value in
use and value in exchange and gave
the famous example of diamonds and
water ?
(A) Adam Smith
(B) David Ricardo
(C) Alfred Marshall
(D) Karl Marx
2. In an economy of two individuals
A and B and two commodities X and
Y, general equilibrium of production
and exchange occurs when
(A) MRTXY =





PX
PY
(B) MRSXY for A and B =





PX
PY
(C) MRS
A
XY
= MRS
B
XY
(D) MRTXY = MRS A
XY
= MRS B
XY
3. When income effect becomes
stronger than substitution effect, the
labour supply curve will
(A) Slope positively
(B) Negatively sloped
(C) Bend backward
(D) Slope upwards
4. Assertion (A) : The concept of
supply curve is meaningless for
the monopolist.
Reason (R) : Monopolists are price
setters; it does not make reuse
to ask what output they will
produce at various prices.
Codes :
(A) Both (A) and (R) are correct
and (R) is the correct
explanation of (A).
(B) (A) is correct, but (R) is not
correct.
(C) Both (A) and (R) are correct,
but (R) is not the correct
explanation of (A).
(D) (R) is correct, but (A) is
incorrect.
5. Predatory pricing policy is designed
to
(A) drive competitors out of
business
(B) maximise profits
(C) encourage entrants into the
market
(D) attain least cost output
6. Match items in List – I with items in
List – II and select the correct answer
from the code given below :
List – I List – II
a. The Screening
Hypothesis
1. George A.
Akerlof
b. Job Market
Signalling
2. K.J. Arrow
c. The problem
of moral
hazard in the
case of
medical
insurance
3. M. Spencer
d. The market
for lemons
4. Paul W.
Miller and
Paul A.
Volcker
Codes :
a b c d
(A) 3 2 4 1
(B) 2 3 4 1
(C) 4 3 2 1
(D) 2 4 3 1
ECONOMICS
Paper – II
Note : This paper contains fifty (50) objective type questions of two (2) marks each. All
questions are compulsory.

3. J-01-14 3 Paper-II
1. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ®Öê ˆ¯Ö ÖÖêÝÖ ´Öæ» Ö †Öî¸ü
×¾Ö×®Ö´Ö Ö ´Öæ» Ö Ûêú ²Öß“Ö ³Öê¤ü ×Ûú ÖÖ Æîü †Öî¸ü Æü߸êü
†Öî¸ü •Ö»Ö ÛúÖ ¯ÖÏ×ÃÖ¨ü ˆ¤üÖÆü¸üÞÖ ¯Öê¿Ö ×Ûú ÖÖ ?
(A) ‹›ü´Ö ×Ã´Ö£Ö (B) ›êü×¾Ö›ü ׸üÛúÖ›üÖì
(C) †»±Ïêú›ü ´ÖÖ¿ÖÔ»Ö (D) ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ
2. ¤üÖê ˆ¯Ö³ÖÖꌟÖÖ A †Öî¸ü B †Öî¸ü ¤üÖê ¾ÖßÖã X †Öî¸ü
Y Ûúß †£ÖÔ¾ Ö¾ÖãÖÖ ´Öë, ˆŸ¯ÖÖ¤ü®Ö †Öî¸ü ×¾Ö×®Ö´Ö Ö
ÛúÖ ÃÖÖ´ÖÖ® Ö ÃÖÓŸÖã»Ö®Ö ŸÖ²Ö ÆüÖêÝÖÖ •Ö²Ö :
(A) MRTXY =





PX
PY
(B) MRSXY A †Öî¸ü B Ûêú ×»Ö‹ =





PX
PY
(C) MRS
A
XY
= MRS
B
XY
(D) MRTXY = MRS A
XY
= MRS B
XY
3. •Ö²Ö †Ö Ö ¯ÖϳÖÖ¾Ö ¯ÖÏןÖãÖÖ¯Ö®Ö ¯ÖϳÖÖ¾Ö ÃÖê • ÖÖ¤üÖ
¿Ö׌ŸÖ¿ÖÖ»Öß ²Ö®Ö •ÖÖŸÖÖ Æîü, ŸÖÖê ÁÖ´Ö †Ö¯ÖæÙŸÖ ¾ÖÛÎú
(A) ¬Ö®ÖÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»Ö¾ÖÖÑ ÆüÖêÝÖß …
(B) ŠúÞÖÖŸ´ÖÛú ºþ¯Ö ÃÖê œü»Ö¾ÖÖÑ ÆüÖêÝÖß …
(C) ¯Öß”êû Ûúß †Öê¸ü ´Öã›ÌêüÝÖß …
(D) ‰ú¯Ö¸ü Ûúß †Öê¸ü “ÖœÌêüÝÖß …
4. †×³ÖÛú£Ö®Ö (A) : ‹ÛúÖ׬ÖÛúÖ¸üß Ûêú ×»Ö Öê †Ö¯ÖæÙŸÖ
¾ÖÛÎú Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ÛúÖê‡Ô †£ÖÔ ®ÖÆüà ¸üÜÖŸÖß
Æîü …
ÛúÖ¸üÞÖ (R) : ‹ÛúÖ׬ÖÛúÖ¸üß ÝÖÞÖ ´Öæ» Ö ×®Ö¬ÖÖÔ¸üÛú
ÆüÖêŸÖê Æïü, †Öî¸ü ×¾Ö׳֮®Ö Ûúß´ÖŸÖÖë ¯Ö¸ü ¾Öê Œ ÖÖ
ˆŸ¯ÖÖ¤®Ö Ûú¸ëüÝÖê ÖÆü ¯Öæ”û®ÖÖ ÛúÖê‡Ô ´ÖÖ Ö®Öê
®ÖÆüà ¸üÜÖŸÖÖ Æîü …
Ûæú™ü :
(A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü †Öî¸ü (R),
(A) Ûúß ÃÖÆüß ¾ ÖÖÜ ÖÖ Æîü …
(B) (A) ÃÖÆüß Æîü, ¯Ö¸ü®ŸÖã (R) ÃÖÆüß ®ÖÆüà Æîü …
(C) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü, ¯Ö¸ü®ŸÖã (R),
(A) Ûúß ÃÖÆüß ¾ ÖÖÜ ÖÖ ®ÖÆüà Æîü …
(D) (R) ÃÖÆüß Æîü, ¯Ö¸ü®ŸÖã (A) ÝÖ»ÖŸÖ Æîü …
5. Ûúß´ÖŸÖ ×®Ö¬ÖÖÔ¸üÞÖ Ûúß Ã¾ÖÖ£ÖÔ“ÖÖ×»ÖŸÖ ®Öß×ŸÖ ×ÛúÃÖ
×»Ö Öê ²Ö®ÖÖ‡Ô •ÖÖŸÖß Æîü ?
(A) ¯ÖÏ×ŸÖ ÖÖê×ÝÖ ÖÖë ÛúÖê ÛúÖ¸üÖê²ÖÖ¸ü ÃÖê ²ÖÖÆü¸ü
×®ÖÛúÖ»Ö®Öê Ûêú ×»Ö Öê
(B) »ÖÖ³Ö †×¬ÖÛúŸÖ´Ö Ûú¸ü®Öê Ûêú ×»Ö Öê
(C) ¯ÖϾÖê×¿Ö ÖÖë ÛúÖê ²ÖÖ•ÖÖ¸ü ´Öë ¯ÖϾÖê¿Ö ÆêüŸÖã
¯ÖÏÖêŸÃÖÖ×ÆüŸÖ Ûú¸ü®Öê Ûêú ×»Ö‹
(D) ® Öæ®ÖŸÖ´Ö »ÖÖÝÖŸÖ ¯Ö¸ü ˆŸ¯ÖÖ¤ü®Ö ¯ÖÏÖ¯ŸÖ Ûú¸ü®Öê
Ûêú ×»Ö‹
6. ÃÖæ“Öß – I ´Öë ¤üß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II ´Öë ¤üß ´Ö¤üÖë
Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü †Öî¸ü ®Öß“Öê פü‹ ÝÖ‹ Ûæú™üÖë
ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ “Ö Ö®Ö Ûú¸ëü :
ÃÖæ“Öß – I ÃÖæ“Öß – II
a. ¯Öé£ÖŒÛú¸üÞÖ
(Screening)
¯Ö׸üÛú»¯Ö®ÖÖ
1. •ÖÖò•ÖÔ ‹.
†Ûú¸ü»ÖÖò±ú
b. ÛúÖ ÖÔ ²ÖÖ•ÖÖ¸ü (•ÖÖò²Ö
´ÖÖÙÛú™ü) ÃÖÓÛêúŸÖ®Ö
2. Ûêú.•Öê. ‹¸üÖê
c. דÖ×ÛúŸÃÖÖ ²Öß´ÖÖ Ûúß
×ãÖ×ŸÖ ´Öë ®ÖîןÖÛú
ÃÖÓÛú™ü Ûúß ÃÖ´Öà ÖÖ
3. ‹´Ö. ïÖëÃÖ¸ü
d. ®Öß²Öæ†Öë ÛúÖ ²ÖÖ•ÖÖ¸ü 4. ¯ÖÖò»Ö ›ü²» Öæ.
×´Ö»»Ö¸ü ŸÖ£ÖÖ
¯ÖÖò»Ö ‹. ¾ÖÖò»ÖÛú¸ü
Ûæú™ü :
a b c d
(A) 3 2 4 1
(B) 2 3 4 1
(C) 4 3 2 1
(D) 2 4 3 1
†£ÖÔ¿ÖÖáÖ
¯ÖÏ¿®Ö¯Ö¡Ö – II
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü-×¾ÖÛú»¯Öß Ö ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸ ÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖ ÖÔ Æïü …

4. Paper-II 4 J-01-14
7. An industry whose long run supply
curve is horizontal is called
(A) Constant cost industry
(B) Increasing Cost Industry
(C) Decreasing Cost Industry
(D) Efficient Industry
8. The practice of charging each
consumer the reservation price is
called
(A) Peak load pricing
(B) Inter-temporal price
discrimination
(C) First degree price discrimination
(D) Third degree price discrimination
9. Frictional unemployment is also
known as
(A) Disguised unemployment
(B) Turnover unemployment
(C) Cyclical unemployment
(D) Structural unemployment
10. Arrange in ascending chronological
order the following consumption
hypotheses in which they appeared in
the economics literature :
(1) Absolute increase hypothesis
(2) Permanent increase hypothesis
(3) Life cycle hypothesis
(4) Relative increase hypothesis
Codes :
(A) 1, 3, 4, 2 (B) 1, 2, 4, 3
(C) 1, 4, 3, 2 (D) 1, 3, 2, 4
11. Assume a model of income
determination of the following type :
C = a + b · Yd
Yd = Y – T
T = T0 + t1 · Y
I =
–
I
G =
–
G
Y = C + I + G
Where C = Consumption
expenditure; Y = income;
Yd
= disposable income; T = taxes;
T0 = Tan, when Y = 0; t1 = marginal
tax rate; I = investment expenditure;
G = Government expenditure; and
bar ‘–’ as the variable indicates that
these autonomous variables. Then the
tax multiples with respect to T0 is :
(A)
1
1 – b + bt1
(B)
– b
1 – b + bt1
(C)
1 – b
1 – b – bt1
(D)
1
1 – b – bt1
12. Which of the following components
of aggregate demand is self-
terminating and self-financing ?
(A) Investment expenditure
(B) Durable consumption
expenditure
(C) Non-durable consumption
expenditure
(D) Government expenditure
13. Arrange all the four concepts of
money supply M1, M2, M3 and M4 in
the ascending order in terms of their
liquidity :
(A) M3, M2, M1 andü M4
(B) M1, M2, M3 and M4
(C) M4, M2, M3 and M1
(D) M4, M3, M2 and M1

5. J-01-14 5 Paper-II
7. וÖÃÖ ˆªÖêÝÖ Ûúß ¤üß‘ÖÔÛúÖ×»ÖÛú †Ö¯ÖæÙŸÖ ¾ÖÛÎú õÖîן֕Ö
ÆüÖêŸÖß Æîü ¾ÖÖê Œ ÖÖ ÛúÆü»ÖÖŸÖÖ Æîü ?
(A) ×ãָü »ÖÖÝÖŸÖ ˆªÖêÝÖ
(B) ¾Ö¬ÖÔ´ÖÖ®Ö »ÖÖÝÖŸÖ ˆªÖêÝÖ
(C) ÈüÖÃÖ´ÖÖ®Ö »ÖÖÝÖŸÖ ˆªÖêÝÖ
(D) ÛúÖ ÖÔÛãú¿Ö»Ö / ¤üõÖ ˆªÖêÝÖ
8. ¯ÖÏŸ ÖêÛú ˆ¯Ö³ÖÖꌟÖÖ ÃÖê ÃÖÓ¸ü×õÖŸÖ Ûúß´ÖŸÖ (׸ü•Ö̾Öì¿Ö®Ö
¯ÖÏÖ‡ÃÖ) »Öê®Öê Ûúß ¯ÖÏ£ÖÖ Œ ÖÖ Æîü ?
(A) “Ö¸ü´Ö ³ÖÖ¸ü Ûúß´ÖŸÖ ×®Ö¬ÖÖÔ¸üÞÖ
(B) †ÓŸÖ:ÛúÖ×»ÖÛú Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ
(C) ¯ÖÏ£Ö´Ö ÛúÖê×™ü ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ
(D) ŸÖéŸÖß Ö ÛúÖê×™ü ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ
9. ÃÖÓ‘ÖÂÖÔ•Ö×®ÖŸÖ ÖÖ †Ã£ÖÖ Öß ²Öê¸üÖê•ÖÝÖÖ¸üß ×®Ö´®Ö×»Ö×ÜÖŸÖ
´Öë ÃÖê ×ÛúÃÖ ®ÖÖ´Ö ÃÖê •ÖÖ®Öß •ÖÖŸÖß Æîü ?
(A) ¯ÖÏ“”û®®Ö ²Öê¸üÖê•ÖÝÖÖ¸üß
(B) ¯ÖÞ ÖÖ¾ÖŸÖÔ (™ü®ÖÔ†Öê¾Ö¸ü) ²Öê¸üÖê•ÖÝÖÖ¸üß
(C) “ÖÛÎúß Ö ²Öê¸üÖê•ÖÝÖÖ¸üß
(D) ÃÖÓ¸ü“Ö®ÖÖŸ´ÖÛú ²Öê¸üÖê•ÖÝÖÖ¸üß
10. ×®Ö´®Ö×»Ö×ÜÖŸÖ ˆ¯Ö³ÖÖêÝÖ ¯Ö׸üÛú»¯Ö®ÖÖ‹Ñ ×•ÖÃÖ ÛÎú´Ö ´Öë
†£ÖÔ¿ÖÖÃ¡Ö Ûêú ÃÖÖ×ÆüŸ Ö ´Öë פüÜÖÖ‡Ô ¯Ö›ÌüŸÖß Æîü ˆ®Æëü
†Ö¸üÖêÆüß ÛúÖ»ÖÖ®ÖãÛÎú×´ÖÛú ÛÎú´Ö ´Öë ¾ Ö¾Ö×Ã£ÖŸÖ Ûú¸ëü :
1. ×®Ö¸ü¯ÖêõÖ †Ö Ö ¯Ö׸üÛú»¯Ö®ÖÖ
2. ãÖÖ Öß †Ö Ö ¯Ö׸üÛú»¯Ö®ÖÖ
3. •Öß¾Ö®Ö “ÖÛÎú ¯Ö׸üÛú»¯Ö®ÖÖ
4. ÃÖÖ¯ÖêõÖ †Ö Ö ¯Ö׸üÛú»¯Ö®ÖÖ
Ûæú™ü :
(A) 1, 3, 4, 2 (B) 1, 2, 4, 3
(C) 1, 4, 3, 2 (D) 1, 3, 2, 4
11. ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏÛúÖ¸ü Ûêú †Ö Ö ×®Ö¬ÖÖÔ¸üÞÖ ´ÖÖò›ü»Ö Ûúß
Ûú»¯Ö®ÖÖ Ûú¸ëü :
C = a + b · Yd
Yd = Y – T
T = T0 + t1 · Y
I =
–
I
G =
–
G
Y = C + I + G
•ÖÆüÖÑ C = ˆ¯Ö³ÖÖêÝÖ ¾ Ö Ö; Y = †Ö Ö;
Yd = ¯ÖÏ ÖÖê• Ö †Ö Ö; T = Ûú¸ü; T0 = Tan
•ÖÆüÖÑ Y = 0 Æîü; t1 = ÃÖß´ÖÖ®ŸÖ Ûú¸ü ¤ü¸ü;
I = ×®Ö¾Öê¿Ö ¾ Ö Ö; G = ÃÖ¸üÛúÖ¸üß ¾ Ö Ö; †Öî¸ü “Ö¸ü
¯Ö¸ü ¿»ÖÖÛúÖ ÃÖæ×“ÖŸÖ Ûú¸üŸÖß Æîü ×Ûú ÖÆü þ֓ÖÖ×»ÖŸÖ
“Ö¸ü Æïü … ŸÖÖê ×±ú¸ü T0 Ûêú ÃÖÖ¯ÖêõÖ Ûú¸ü ÝÖãÞÖÛú Æîü
(A)
1
1 – b + bt1
(B)
– b
1 – b + bt1
(C)
1 – b
1 – b – bt1
(D)
1
1 – b – bt1
12. ÃÖ´ÖÝÖÏ ´ÖÖÑÝÖ Ûêú ×®Ö´®Ö×»Ö×ÜÖŸÖ †¾Ö Ö¾ÖÖë ´Öë ÃÖê ÛúÖî®Ö
ÃÖÖ Ã¾Ö-×¾Ö¸üÖ´Öß ŸÖ£ÖÖ Ã¾Ö-×¾Ö¢Ö¯ÖÖêÂÖÞÖß Ö Æîü ?
(A) ×®Ö¾Öê¿Ö ¾ Ö Ö
(B) ×™üÛúÖ‰ú ˆ¯Ö³ÖÖêÝÖ ¾ Ö Ö
(C) ÝÖî¸ü-×™üÛúÖ‰ú ˆ¯Ö³ÖÖêÝÖ ¾ Ö Ö
(D) ÃÖ¸üÛúÖ¸üß ¾ Ö Ö
13. ´Öã¦üÖ †Ö¯ÖæÙŸÖ Ûúß ÃÖ´ÖÃŸÖ “ÖÖ¸ü †¾Ö¬ÖÖ¸üÞÖÖ†Öë M1,
M2, M3 †Öî¸ü M4ÛúÖê ˆ®ÖÛúß ŸÖ¸ü»ÖŸÖÖ Ûêú
ÃÖ´²Ö®¬Ö ´Öë †Ö¸üÖêÆüß ÛÎú´Ö ´Öë ¾ Ö¾Ö×Ã£ÖŸÖ Ûú¸ëü :
(A) M3, M2, M1 †Öî¸ü M4
(B) M1, M2, M3 †Öî¸ü M4
(C) M4, M2, M3 †Öî¸ü M1
(D) M4, M3, M2 †Öî¸ü M1

6. Paper-II 6 J-01-14
14. Who amongst the following
economists imparted money demand
of a portfolio theory approach ?
(1) J.M. Keynes
(2) Baumol
(3) James Tobin
(4) Milton Friedman
Codes :
(A) 1, 2 (B) 3, 4
(C) 1, 2, 3 (D) 2, 3, 4
15. Which of the following is not a
characteristic feature of the Phillips
curve ?
(A) The Price expectations are
adaptive
(B) The unemployment rate, when
money wage stabilises, is 5½
percent
(C) The price expectations are static
(D) there is a loop around Phillips
curve
16. The crowding out effect is zero when
(A) there is liquidity trap, or
investment is perfectly interest
inelastic
(B) money demand is perfectly
interest inelastic, or investment
is perfectly interest elastic
(C) IS curve is falling and LM
curve is rising
(D) None of the above
17. Meeting the needs of present
generation without compromising the
needs of future generation is
(A) Economic Development
(B) Social Development
(C) Sustainable Development
(D) Economic Growth
18. The full capacity growth rate in
Harrod-Domar Model is also known as
(A) Actual growth rate
(B) Warranted growth rate
(C) Natural growth rate
(D) Expected growth rate
19. Inventors of HDI are
I. Harris-Todaro
II. Megnad Desai
III. Robert Solow
IV. Amartya Sen
Codes :
(A) I and II are correct.
(B) I and III are correct.
(C) III and IV are correct.
(D) II and IV are correct.
20. Components of PQLI
I. Morbidity
II. Infant mortality
III. Life expectancy at age one
IV. Basic literacy at age 15
Codes :
(A) I, III and IV are correct.
(B) III, II and IV are correct.
(C) I, II and III are correct.
(D) IV, I and II are correct.

7. J-01-14 7 Paper-II
14. ´Öã¦üÖ Ûúß ´ÖÖÑÝÖ ÛúÖê ¯ÖÖê™Ôü±úÖê×»Ö ÖÖê £ ÖÖê¸üß ˆ¯ÖÖÝÖ´Ö Ûêú
ºþ¯Ö ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ †£ÖÔ¿ÖÖáÖß ®Öê
¯ÖÏßÖãŸÖ ×Ûú ÖÖ ?
1. •Öê.‹´Ö. Ûúß®ÃÖ
2. ²ÖÖ´ÖÖê»Ö
3. •Öê´ÃÖ ™üÖêײ֮Ö
4. ×´Ö»™ü®Ö ±Ïúß›ü´Öî®Ö
Ûæú™ü :
(A) 1, 2 (B) 3, 4
(C) 1, 2, 3 (D) 2, 3, 4
15. ×±ú×»Ö¯ÃÖ ¾ÖÛÎú Ûúß ×¾Ö¿ÖêÂÖŸÖÖ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê
ÛúÖî®Ö ÃÖß ®ÖÆüà Æîü ?
(A) Ûúß´ÖŸÖ ¯ÖÏŸ ÖÖ¿ÖÖ‹Ñ †®ÖãÛæú»Öß ÆüÖêŸÖß Æïü …
(B) •Ö²Ö ´ÖÖîצüÛú ´Ö•Ö¤æü¸üß ×ãָü ÆüÖêŸÖß Æîü ŸÖÖê
²Öê¸üÖê•ÖÝÖÖ¸üß Ûúß ¤ü¸ü 5½ ¯ÖÏ×ŸÖ¿ÖŸÖ ÆüÖêŸÖß Æîü …
(C) Ûúß´ÖŸÖ ¯ÖÏŸ ÖÖ¿ÖÖ‹Ñ ×ãָü ÆüÖêŸÖß Æîü …
(D) ×±ú×»Ö¯ÃÖ ¾ÖÛÎú Ûêú ‡¤Ôü-×ÝÖ¤Ôü ±ú®¤üÖ ÆüÖêŸÖÖ Æîü …
16. ‘ÛÎúÖ‰úØ›üÝÖ †Ö‰ú™ü ‡±êúŒ™ü’ ¿Öæ® Ö ÆüÖê •ÖÖŸÖÖ Æîü •Ö²Ö
(A) ŸÖ¸ü»ÖŸÖÖ •ÖÖ»Ö Ûúß ×ãÖ×ŸÖ Æîü, ÖÖ ×®Ö¾Öê¿Ö
¯ÖæÞÖÔŸÖ ÖÖ ² ÖÖ•Ö ²Öê»ÖÖê“Ö¤üÖ¸ü Æîü …
(B) ´ÖÖîצüÛú ´ÖÖÑÝÖ ¯ÖæÞÖÔŸÖ ÖÖ ² ÖÖ•Ö ²Öê»ÖÖê“Ö¤üÖ¸ü Æîü,
ÖÖ ×®Ö¾Öê¿Ö ¯ÖæÞÖÔŸÖ ÖÖ ² ÖÖ•Ö »ÖÖê“Ö¤üÖ¸ü Æîü …
(C) †Ö‡Ô.‹ÃÖ. ¾ÖÛÎú ×ÝÖ¸ü ¸üÆüß Æîü †Öî¸ü ‹»Ö.‹´Ö.
¾ÖÛÎú ‰ú¯Ö¸ü Ûúß †Öê¸ü ²ÖœÌü ¸üÆüß Æîü …
(D) ˆ¯Ö ÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà
17. ³ÖÖ¾Öß ¯ÖßœÌüß Ûúß †Ö¾Ö¿ ÖÛúŸÖÖ†Öë ÛúÖê ÃÖÓÛú™ü ´Öë
›üÖ»Öê ²ÖÝÖî¸ü ¾ÖŸÖÔ´ÖÖ®Ö ¯ÖßœÌüß Ûúß †Ö¾Ö¿ ÖÛúŸÖÖ†Öë ÛúÖê
¯Öæ¸üÖ Ûú¸ü®ÖÖ Œ ÖÖ Æîü ?
(A) †ÖÙ£ÖÛú ×¾ÖÛúÖÃÖ
(B) ÃÖÖ´ÖÖוÖÛú ×¾ÖÛúÖÃÖ
(C) ¬ÖÖ¸üÞÖß Ö ×¾ÖÛúÖÃÖ
(D) †ÖÙ£ÖÛú ÃÖÓ¾Öéרü
18. Æîü¸üÖê›ü-›üÖê´Ö¸ü ´ÖÖò›ü»Ö ´Öë ¯ÖæÞÖÔ õÖ´ÖŸÖÖ ( ÖÖ ÃÖ´Ö£ÖÔŸÖÖ)
ÃÖÓ¾Öéרü ¤ü¸ü ÛúÖê ×®Ö´®Ö×»Ö×ÜÖŸÖ ®ÖÖ´Ö ÃÖê ³Öß •ÖÖ®ÖÖ
•ÖÖŸÖÖ Æîü :
(A) ¾ÖÖßÖ×¾ÖÛú ÃÖÓ¾Öéרü ¤ü¸ü
(B) ÃÖ´ÖÙ£ÖŸÖ ÖÖ †³Öß™ü ÃÖÓ¾Öéרü ¤ü¸ü
(C) ¯ÖÏÖÛéúןÖÛú ÃÖÓ¾Öéרü ¤ü¸ü
(D) †¯Öê×õÖŸÖ ÃÖÓ¾Öéרü ¤ü¸ü
19. ‹“Ö.›üß.†Ö‡Ô. (H.D.I.) Ûêú †Ö×¾ÖÂÛúÖ¸üÛú Æïü :
I. Æêü׸ÃÖ-™ãü›îü¸üÖê
II. ´Öê‘Ö®ÖÖ¤ü ¤êüÃÖÖ‡Ô
III. ¸üÖò²Ö™Ôü ÃÖÖê»ÖÖê
IV. †´ÖŸ ÖÔ ÃÖê®Ö
Ûæú™ü :
(A) I †Öî¸ü II ÃÖÆüß Æïü …
(B) I †Öî¸ü III ÃÖÆüß Æïü …
(C) III †Öî¸ü IV ÃÖÆüß Æïü …
(D) II †Öî¸ü IV ÃÖÆüß Æïü …
20. ¯Öß.Œ Öæ.‹»Ö.†Ö‡Ô. (PQLI) Ûêú ÃÖÓ‘Ö™üÛú Æïü :
I. ¹ýÝÞÖŸÖÖ
II. ׿ֿÖã ´ÖéŸ Öã
III. ‹Ûú ¾ÖÂÖÔ Ûúß †Ö Öã ¯Ö¸ü •Öß¾Ö®Ö ¯ÖÏŸ ÖÖ¿ÖÖ
IV. 15 ¾ÖÂÖÔ Ûúß †Ö Öã ¯Ö¸ü ´ÖÖî×»ÖÛú ÃÖÖõÖ¸üŸÖÖ
Ûæú™ü :
(A) I, III †Öî¸ü IV ÃÖÆüß Æïü …
(B) III, II †Öî¸ü IV ÃÖÆüß Æïü …
(C) I, II †Öî¸ü III ÃÖÆüß Æïü …
(D) IV, I †Öî¸ü II ÃÖÆüß Æïü …

8. Paper-II 8 J-01-14
21. Assertion (A) : All historical events
are the results of continuous
economic struggle between
different classes and groups in
society.
Reason (R) : The main cause of this
struggle is the conflict between
the ‘mode of production’ and
the ‘relations of production’.
Codes :
(A) (A) is correct, but (R) is wrong.
(B) (A) is wrong, but (R) is correct.
(C) Both (A) and (R) are wrong.
(D) Both (A) and (R) are correct.
22. Match the items given in List – I with
those in List – II :
List – I List – II
a. Swarm-like-
clusters
1. Brundtland
Report
b. Organic
composition
of capital
2. Ragner
Nurkse
c. Sustainable
Development
3. Schumpeter
d. Vicious circle
of poverty
4. Karl Marx
Codes :
a b c d
(A) 4 2 3 1
(B) 3 4 1 2
(C) 1 3 2 4
(D) 2 1 4 3
23. Match the items given in List – I with
those in List – II :
List – I List - II
a. Low level
equilibrium trap
1. Simon
Kuznets
b. Inverted ‘V’ shaped
income distribution
hypothesis
2. Nelson
c. Endogenous growth
theory
3. Arthur
Lewis
d. Unlimited supplies
of labour
4. Robert
Solow
Codes :
a b c d
(A) 2 1 4 3
(B) 3 2 1 4
(C) 4 3 2 1
(D) 1 4 3 2
24. Which of the following is correct
about the ‘Hindu Growth Rate’ ?
(A) This is about economic growth
of the Hindu population.
(B) Shows economic disparities
among different social groups
in India.
(C) Reflects low growth
performance of the Indian
economy during 1950-80.
(D) Hints at accelerated growth in
India since 1980
25. Find out the incorrect statement
about the success of economic
reforms in India.
(A) Benefits of demographic
dividends
(B) Increased share of the
corporate sector in Gross
Domestic Savings
(C) Narrowing down of the current
account deficit
(D) Slow down of population
growth rate
26. Single out the activity that is not
included in the Industrial Production
Index of India :
(A) Manufacturing
(B) Construction
(C) Mining
(D) Electricity
27. High growth of which industry
provides a positive signal for
industrial growth in future ?
(A) Capital goods industries
(B) Basic goods industries
(C) Durable consumer goods industries
(D) Intermediate goods industries
28. Identify the method not being used
for unemployment estimation by the
NSSO in India.
(A) Current monthly status
(B) Current daily status
(C) Current weekly status
(D) Usual principal and subsidiary
status

9. J-01-14 9 Paper-II
21. †×³ÖÛú£Ö®Ö (A) : ÃÖ³Öß †ÖÙ£ÖÛú ‘Ö™ü®ÖÖ‹Ñ, ÃÖ´ÖÖ•Ö
´Öë ׳֮®Ö ¾ÖÝÖÖí †Öî¸ü ÃÖ´ÖæÆüÖë Ûêú ²Öß“Ö
†®Ö¾Ö¸üŸÖ †ÖÙ£ÖÛú ÃÖÓ‘ÖÂÖÔ ÛúÖ ¯Ö׸üÞÖÖ´Ö
ÆüÖêŸÖß Æïü …
ÛúÖ¸üÞÖ (R) : ‡ÃÖ ÃÖÓ‘ÖÂÖÔ ÛúÖ ´ÖãÜ Ö ÛúÖ¸üÞÖ
‘ˆŸ¯ÖÖ¤ü®Ö Ûêú ŸÖ¸üßÛêú’ †Öî¸ü ‘ˆŸ¯ÖÖ¤ü®Ö Ûêú
ÃÖ´²Ö®¬ÖÖë’ Ûêú ²Öß“Ö ÃÖÓ‘ÖÂÖÔ Æîü …
Ûæú™ü :
(A) (A) ÃÖÆüß Æîü, ¯Ö¸ü®ŸÖã (R) ÝÖ»ÖŸÖ Æîü …
(B) (A) ÝÖ»ÖŸÖ Æîü, ¯Ö¸ü®ŸÖã (R) ÃÖÆüß Æîü …
(C) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
(D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …
22. ÃÖæ“Öß – I ´Öë ¤üß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II ´Öë ¤üß ´Ö¤üÖë
Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
ÃÖæ“Öß – I ÃÖæ“Öß – II
a. —ÖãÞ›ü ÃÖ´ÖÖ®Ö ÝÖã“”û 1. ²ÖÎÓ™ü»ÖîÞ›ü ׸ü¯ÖÖê™Ôü
b. ¯ÖæÑ•Öß ÛúÖ •Öî¾Ö
ÃÖÓ ÖÖê•Ö®Ö
2. ¸êüÝÖ®Ö¸ü ®ÖÃÛìú
c. ¬ÖÖ¸üÞÖß Ö ×¾ÖÛúÖÃÖ 3. ¿Öã´¯Öß™ü¸ü
d. ÝÖ¸üß²Öß ÛúÖ ¤ãü“ÖÛÎú 4. ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ
Ûæú™ü :
a b c d
(A) 4 2 3 1
(B) 3 4 1 2
(C) 1 3 2 4
(D) 2 1 4 3
23. ÃÖæ“Öß – I ÛúÖ ÃÖæ“Öß – II Ûêú ÃÖÖ£Ö ×´Ö»ÖÖ®Ö Ûú¸ëü :
ÃÖæ“Öß – I ÃÖæ“Öß – II
a. ×®Ö´®Ö ßָüß Ö ÃÖÓŸÖã»Ö®Ö
±ú®¤üÖ
1. ÃÖÖ‡´Ö®Ö
Ûãú•ÖÌ®Öê™ü
b. †Öï¬Öß ‘V’ †ÖÛúÖ¸ü Ûúß
†Ö Ö ×¾ÖŸÖ¸üÞÖ ¯Ö׸üÛú»¯Ö®ÖÖ
2. ®Öê»ÃÖ®Ö
c. †®ŸÖ•ÖÖÔŸÖ ÃÖÓ¾Öéרü ×ÃÖ¨üÖÓŸÖ 3. †Ö£ÖÔ¸ü
»Öê×¾ÖÃÖ
d. ÁÖ´Ö Ûúß †ÃÖß×´ÖŸÖ †Ö¯ÖæÙŸÖ 4. ¸üÖò²Ö™Ôü ÃÖÖê»ÖÖê
Ûæú™ü :
a b c d
(A) 2 1 4 3
(B) 3 2 1 4
(C) 4 3 2 1
(D) 1 4 3 2
24. ×Æü®¤ãü†Öë Ûúß ÃÖÓ¾Öéרü ¤ü¸ü Ûêú ²ÖÖ¸êü ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ
´Öë ÃÖê Œ ÖÖ ÃÖÆüß Æîü ?
(A) ÖÆü ×Æü®¤ãü†Öë Ûúß •Ö®ÖÃÖÓÜ ÖÖ Ûúß †ÖÙ£ÖÛú
ÃÖÓ¾Öéרü ¤ü¸ü Ûêú ²ÖÖ¸êü ´Öë Æîü …
(B) ³ÖÖ¸üŸÖ ´Öë ׳֮®Ö ÃÖÖ´ÖÖוÖÛú ÃÖ´ÖæÆüÖë Ûêú ²Öß“Ö
†ÖÙ£ÖÛú ×¾ÖÂÖ´ÖŸÖÖ†Öë ÛúÖê ¤ü¿ÖÖÔŸÖÖ Æîü …
(C) ³ÖÖ¸üŸÖß Ö †£ÖÔ¾ Ö¾ÖãÖÖ Ûúß 1950-80 Ûêú
¤üÖî¸üÖ®Ö ×®Ö´®Ö ÃÖÓ¾Öéרü ×®Ö¯֮®ÖŸÖÖ ¯ÖÏÛú™ü
Ûú¸üŸÖÖ Æîü …
(D) ³ÖÖ¸üŸÖ ´Öë 1980 ÃÖê Ÿ¾Ö׸üŸÖ ÃÖÓ¾Öéרü ÛúÖ
ÃÖÓÛêúŸÖ Ûú¸üŸÖÖ Æîü …
25. ³ÖÖ¸üŸÖ ´Öë †ÖÙ£ÖÛú ÃÖã¬ÖÖ¸üÖë Ûúß ÃÖ±ú»ÖŸÖÖ Ûêú ²ÖÖ¸êü ´Öë
ÝÖ»ÖŸÖ Ûú£Ö®Ö –ÖÖŸÖ Ûú¸ëü …
(A) •Ö®ÖÖÓ×ÛúÛúß Ö »ÖÖ³ÖÖÓ¿Ö Ûêú ±úÖ Ö¤êü
(B) ÃÖÛú»Ö ‘Ö¸êü»Öæ ²Ö“ÖŸÖÖë ´Öë ÛúÖò¸ü¯ÖÖê¸êü™ü õÖê¡Ö ÛúÖ
¾ÖÙ¬ÖŸÖ ×ÆüÃÃÖÖ
(C) “ÖÖ»Öæ ÜÖÖŸÖê Ûêú ‘ÖÖ™êü ÛúÖ ÃÖÓÛãú×“ÖŸÖ ÆüÖê®ÖÖ
(D) •Ö®ÖÃÖÓÜ ÖÖ ¾Öéרü ¤ü¸ü ÛúÖ ¬Öß´ÖÖ ÆüÖê®ÖÖ
26. ³ÖÖ¸üŸÖß Ö †ÖîªÖê×ÝÖÛú ˆŸ¯ÖÖ¤ü®Ö ÃÖæ“ÖÛúÖÓÛú ´Öë ®Ö
ÃÖ×´´Ö×»ÖŸÖ Ûúß •ÖÖ®Öê ¾ÖÖ»Öß ÝÖןÖ×¾Ö×¬Ö ²ÖŸÖÖ‹Ñ …
(A) ×¾Ö×®Ö´ÖÖÔÞÖ (B) ×®Ö´ÖÖÔÞÖ
(C) ÜÖ¤üÖ®Ö (D) ×¾ÖªãŸÖ
27. ×ÛúÃÖ ˆªÖêÝÖ ÛúÖ †×¬ÖÛú ×¾ÖÛúÖÃÖ ³Ö×¾ÖÂ Ö ´Öë
†ÖîªÖê×ÝÖÛú ×¾ÖÛúÖÃÖ Ûêú ×»Ö‹ ¬Ö®ÖÖŸ´ÖÛú ÃÖÓÛêúŸÖ ¤êüŸÖÖ
Æîü ?
(A) ¯ÖæÑ•ÖßÝÖŸÖ ¾ÖßÖã†Öë Ûêú ˆªÖêÝÖ
(B) ´Öæ»Ö³ÖæŸÖ ¾ÖßÖã†Öë Ûêú ˆªÖêÝÖ
(C) ×™üÛúÖ‰ú ˆ¯Ö³ÖÖꌟÖÖ ¾ÖßÖã†Öë Ûêú ˆªÖêÝÖ
(D) ´Ö¬ Ö¾ÖŸÖá ¾ÖßÖã†Öë Ûêú ˆªÖêÝÖ
28. ¾ÖÖê ¯Ö¨ü×ŸÖ ÛúÖî®Ö ÃÖß Æîü •ÖÖê ³ÖÖ¸üŸÖ ´Öë
‹®Ö.‹ÃÖ.‹ÃÖ.†Öê. «üÖ¸üÖ ²Öê¸üÖê•ÖÝÖÖ¸üß Ûêú †ÖÛú»Ö®Ö Ûêú
×»Ö Öê ˆ¯Ö ÖÖêÝÖ ®ÖÆüà Ûúß •ÖÖ ¸üÆüß Æîü ?
(A) “ÖÖ»Öæ ´ÖÖ×ÃÖÛú ¯ÖÏÖ×ãÖןÖ
(B) “ÖÖ»Öæ ¤îü×®ÖÛú ¯ÖÏÖ×ãÖןÖ
(C) “ÖÖ»Öæ ÃÖÖ¯ŸÖÖ×ÆüÛú ¯ÖÏÖ×ãÖןÖ
(D) ¯ÖÏÖ× ÖÛú ¯ÖϬÖÖ®Ö ‹¾ÖÓ ÝÖÖîÞÖ ¯ÖÏÖ×ãÖןÖ

10. Paper-II 10 J-01-14
29. The process of budget making after
reevaluating every item of
expenditure in every financial year is
known as
(A) Performance Budgeting
(B) Fresh Budgeting
(C) Debit Budgeting
(D) Zero Based Budgeting
30. Rank the states in terms of ascending
Human Development Index (HDI) as
per India Human Development
Report 2011 :
I. Bihar
II. Gujarat
III. Odisha
IV. Tamil Nadu
Codes :
(A) I, II, III, IV (B) III, I, II, IV
(C) I, III, IV, II (D) III, II, I, IV
31. A difference in relative commodity
prices between two nations can be
based upon a difference in
(A) factor endowment
(B) technology
(C) tastes
(D) All of the above
32. Which type of trade is not explained
by the Heckscher-Ohlin model ?
(A) Trade based on economies of
scale
(B) Intra industry trade
(C) Trade based on imitation gaps
and product cycles
(D) All of the above
33. An example of a Euro currency is
(A) a dollar deposit outside the
U.S.
(B) a pound sterling deposit within
UK
(C) a mark deposit with Germany
(D) All of the above
34. A deficit or surplus in the India’s
balance of payments is measured by
the net balance of
(A) the current account
(B) the capital account
(C) allocation of SDRs and the
statistical discrepancy
(D) All of the above
35. If the demand of the domestic
consumers is infinitely elastic and the
supply of the foreign producer is
perfectly inelastic, then the whole of
the tariff will
(A) be paid by the domestic
consumers
(B) be paid by the foreign producer
(C) be equally shared by the
domestic consumers and the
foreign producer
(D) yield neither revenue nor
protection to either of them
36. The RBI made Indian Rupee fully
convertible in current account
transactions related to goods and
services in the year
(A) 1985 (B) 2002
(C) 1994 (D) 2011
37. According to the monetary approach,
a revaluation of a nation’s currency
(A) increases the nation’s demand
for money
(B) increases the nation’s supply of
money
(C) reduces the nation’s demand
for money
(D) reduces the nation’s supply of
money

11. J-01-14 11 Paper-II
29. ¯ÖÏŸ ÖêÛú ×¾Ö¢Öß Ö ¾ÖÂÖÔ ´Öë ¾ Ö Ö Ûúß ¯ÖÏŸ ÖêÛú ´Ö¤ü Ûêú
¯Öã®Ö´ÖæÔ» ÖÖÓÛú®Ö Ûú¸ü®Öê Ûêú ¯Ö¿“ÖÖŸÖË ²Ö•Ö™ü ²Ö®ÖÖ®Öê Ûúß
¯ÖÏ×ÛÎú ÖÖ ÛúÖê ÛúÆüŸÖê Æïü
(A) ×®Ö¯֮®ÖŸÖÖ ²Ö•Ö™ü®Ö
(B) ®Ö¾Ö ²Ö•Ö™ü®Ö
(C) ›êüײ֙ü (®ÖÖ´Öê) ²Ö•Ö™ü®Ö
(D) ¿Öæ® Ö †Ö¬ÖÖ¸ü ²Ö•Ö™ü®Ö
30. ³ÖÖ¸üŸÖ ´ÖÖ®Ö¾Ö ×¾ÖÛúÖÃÖ ×¸ü¯ÖÖê™Ôü 2011 Ûêú †®ÖãÃÖÖ¸ü
†Ö¸üÖêÆüß ´ÖÖ®Ö¾Ö ×¾ÖÛúÖÃÖ ÃÖæ“ÖÛúÖÓÛú Ûêú ÃÖ´²Ö®¬Ö ´Öë
¸üÖ• ÖÖë Ûúß ÁÖêÞÖß ×®Ö¬ÖÖÔ׸üŸÖ Ûú¸ëü :
I. ײÖÆüÖ¸ü
II. ÝÖã•Ö¸üÖŸÖ
III. †Öê›üßÃÖÖ
IV. ŸÖ×´Ö»Ö®ÖÖ›ãü
Ûæú™ü :
(A) I, II, III, IV (B) III, I, II, IV
(C) I, III, IV, II (D) III, II, I, IV
31. ¤üÖê ¸üÖ™ÒüÖë Ûêú ²Öß“Ö ¾ÖßÖã Ûúß ÃÖÖ¯ÖêõÖ Ûúß´ÖŸÖÖë ´Öë
†®ŸÖ¸ü ÛúÖê ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë †®ŸÖ¸ü ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ
×Ûú ÖÖ •ÖÖ ÃÖÛúŸÖÖ Æîü :
(A) ÃÖÖ¬Ö®Ö ˆ¯Ö»Ö²¬ÖŸÖÖ (B) ¯ÖÏÖîªÖê×ÝÖÛúß
(C) ¹ý×“Ö (D) ˆ¯Ö ÖãÔŒŸÖ ÃÖ³Öß
32. ×ÛúÃÖ ¯ÖÏÛúÖ¸ü Ûêú ¾ ÖÖ¯ÖÖ¸ü Ûúß ¾ ÖÖÜ ÖÖ ÆîüŒÃÖ“Ö¸ü-
†ÖêÆü×»Ö®Ö ´ÖÖò›ü»Ö «üÖ¸üÖ ®ÖÆüà Ûúß ÝÖ‡Ô Æîü ?
(A) ²Ö›Ìêü ¯Öî´ÖÖ®Öê Ûúß ×Ûú±úÖ ÖŸÖÖë ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ
¾ ÖÖ¯ÖÖ¸ü
(B) †ÓŸÖ¸üÖ ˆªÖêÝÖ ¾ ÖÖ¯ÖÖ¸ü
(C) †®ÖãÛú¸üÞÖÖŸ´ÖÛú †ÓŸÖ¸üÖ»Ö ŸÖ£ÖÖ ˆŸ¯ÖÖ¤ü “ÖÛÎú
†Ö¬ÖÖ׸üŸÖ ¾ ÖÖ¯ÖÖ¸ü
(D) ˆ¯Ö ÖãÔŒŸÖ ÃÖ³Öß
33. Öæ¸üÖê Ûú¸êü®ÃÖß ÛúÖ ˆ¤üÖÆü¸üÞÖ Æîü
(A) Öæ.‹ÃÖ. Ûêú ²ÖÖÆü¸ü ›üÖò»Ö¸ü ×®ÖõÖê¯Ö
(B) Öæ.Ûêú. Ûêú †®¤ü¸ü ¯ÖÖï›ü ÙüÚ»ÖÝÖ ×®ÖõÖê¯Ö
(C) •Ö´ÖÔ®Öß Ûêú ¯ÖÖÃÖ ´ÖÖÛÔú ×®ÖõÖê¯Ö
(D) ˆ¯Ö ÖãÔŒŸÖ ÃÖ³Öß
34. ³ÖÖ¸üŸÖ Ûêú ³ÖãÝÖŸÖÖ®Ö ÃÖÓŸÖã»Ö®Ö ´Öë ‘ÖÖ™êü ÖÖ †×ŸÖ¸êüÛú
ÛúÖê ×®Ö´®Ö×»Ö×ÜÖŸÖ Ûêú ×®Ö¾Ö»Ö ÃÖÓŸÖã»Ö®Ö «üÖ¸üÖ ´ÖÖ¯ÖÖ
•ÖÖŸÖÖ Æîü :
(A) “ÖÖ»Öæ ÜÖÖŸÖÖ
(B) ¯ÖæÑ•ÖßÝÖŸÖ ÜÖÖŸÖÖ
(C) ‹ÃÖ.›üß.†Ö¸ËüÃÖ ÛúÖ †Ö²ÖÓ™ü®Ö †Öî¸ü
ÃÖÖÓ×Ü ÖÛúß Ö ×¾ÖÃÖÓÝÖןÖ
(D) ˆ¯Ö ÖãÔŒŸÖ ÃÖ³Öß
35. Öפü ‘Ö¸êü»Öæ ˆ¯Ö³ÖÖꌟÖÖ†Öë Ûúß ´ÖÖÑÝÖ †ÃÖß´Ö ´ÖÖ¡ÖÖ ´Öë
»ÖÖê“Ö¤üÖ¸ü Æîü †Öî¸ü ×¾Ö¤êü¿Öß ˆŸ¯ÖÖ¤üÛú Ûúß †Ö¯ÖæÙŸÖ
¯ÖæÞÖÔŸÖË ÖÖ ²Öê»ÖÖê“Ö¤üÖ¸ü Æîü, ŸÖÖê ¯Öæ¸üÖ ÛúÖ ¯Öæ¸üÖ ¿Öã»Ûú
(A) ‘Ö¸êü»Öæ ˆ¯Ö³ÖÖꌟÖÖ†Öë «üÖ¸üÖ ×¤ü ÖÖ •ÖÖ‹ÝÖÖ …
(B) ×¾Ö¤êü¿Öß ˆŸ¯ÖÖ¤üÛú «üÖ¸üÖ ×¤ü ÖÖ •ÖÖ‹ÝÖÖ …
(C) ‘Ö¸êü»Öæ ˆ¯Ö³ÖÖꌟÖÖ†Öë †Öî¸ü ×¾Ö¤êü¿Öß ˆŸ¯ÖÖ¤üÛú
«üÖ¸üÖ ²Ö¸üÖ²Ö¸ü-²Ö¸üÖ²Ö¸ü פü ÖÖ •ÖÖ‹ÝÖÖ …
(D) ¤üÖê®ÖÖë ´Öë ÃÖê ×ÛúÃÖß ÛúÖê ³Öß ®Ö ŸÖÖê †Ö Ö †Öî¸ü
®Ö ÃÖã¸üõÖÖ Ûúß ¯ÖÏÖׯŸÖ ÆüÖêÝÖß …
36. ³ÖÖ¸üŸÖß Ö ×¸ü•Ö̾ÖÔ ²ÖïÛú ®Öê ×ÛúÃÖ ¾ÖÂÖÔ ´Öë ³ÖÖ¸üŸÖß Ö ¹ý¯Ö Öê
ÛúÖê ¾ÖßÖã†Öë †Öî¸ü ÃÖê¾ÖÖ†Öë Ûêú ÃÖ´²Ö®¬Ö ´Öë “ÖÖ»Öæ
ÜÖÖŸÖÖ »Öê®Ö¤êü®Ö ´Öë ¯ÖæÞÖÔŸÖ ÖÖ ¯Ö׸ü¾ÖŸÖÔ®Öß Ö ×Ûú ÖÖ ?
(A) 1985 (B) 2002
(C) 1994 (D) 2011
37. ´ÖÖîצüÛú ˆ¯ÖÖÝÖ´Ö Ûêú †®ÖãÃÖÖ¸ü, ¸üÖ™Òü Ûúß Ûú¸êü®ÃÖß ÛúÖ
¯Öã®Ö´ÖæÔ» ÖÖÓÛú®Ö
(A) ´Öã¦üÖ Ûêú ×»Ö‹ ¸üÖ™Òü Ûúß ´ÖÖÑÝÖ ´Öë ¾Öéרü
Ûú¸üŸÖÖ Æîü …
(B) ¸üÖ™Òü Ûúß ´Öã¦üÖ †Ö¯ÖæÙŸÖ ´Öë ¾Öéרü Ûú¸üŸÖÖ Æîü …
(C) ´Öã¦üÖ Ûêú ×»Ö Öê ¸üÖ™Òü Ûúß ´ÖÖÑÝÖ Ûú´Ö Ûú¸üŸÖÖ Æîü …
(D) ¸üÖ™Òü Ûúß ´Öã¦üÖ †Ö¯ÖæÙŸÖ Ûú´Ö Ûú¸üŸÖÖ Æîü …

12. Paper-II 12 J-01-14
38. Arrange the following in
chronological order :
I. Sarkar Award
II. Niemeyer Award
III. Deshmukh Award
IV. Meston Award
Codes :
(A) II, IV, III, I (B) IV, III, II, I
(C) III, II, IV, I (D) IV, II, I, III
39. In which of the following, Zero
Based Budgeting is difficult to
introduce ?
I. Establishment charges
II. Public works
III. Irrigation Projects
IV. Federal fiscal transfers
Codes :
(A) I, III and IV are correct.
(B) II, III and IV are correct.
(C) I and IV are correct.
(D) II and III are correct.
40. Match the items given in List – I with
those in List – II :
List – I List – II
a. Theory of
Clubs
1. Anthony
Downs
b. Impossibility
theorem
2. Charles
Tiebout
c. Political of
Decision
Making
Model
3. James
Buchanan
d. Optimum
provision of
local public
goods
4. Kenneth
Arrow
Codes :
a b c d
(A) 3 1 2 4
(B) 3 4 2 1
(C) 2 3 4 1
(D) 3 4 1 2
41. Which of the following tax has
‘announcement effect’ ?
(A) Income tax
(B) Property tax
(C) Excise Duties
(D) Capital gains taxation
42. Which of the following tax is within
the jurisdiction of Union or Central
Government as enumerated in
List – I of Schedule VII of the India
Constitution ?
(A) Taxes on the consumption and
sale of electricity.
(B) Taxes on goods and passengers
carried by road.
(C) Taxes on luxuries, including
entertainments.
(D) Taxes on Sales and purchase of
newspapers and on
advertisement therein.
43. A tax imposed on a commodity
according to its weight, size or
measurement is called
(A) Advalorem tax
(B) Specific tax
(C) Single tax
(D) Double taxation
44. Which of the following is
Musgrave’s views on incidence of
taxation ?
(A) Settlement of tax on ultimate
tax payer.
(B) Formal and effective incidence
of taxation.
(C) Changes in the distribution of
income for private use arising
from changes in budget policy.
(D) The final direct money burden
of a tax.

13. J-01-14 13 Paper-II
38. ×®Ö´®Ö×»Ö×ÜÖŸÖ ÛúÖê ÛúÖ»ÖÖ®ÖãÛÎú×´ÖÛú ÛÎú´Ö ´Öë
¾ Ö¾Ö×Ã£ÖŸÖ Ûú¸ëü :
I. ÃÖ¸üÛúÖ¸ü ‹¾ÖÖ›Ôü
II. ®Öß´Öß Ö¸ü ‹¾ÖÖ›Ôü
III. ¤êü¿Ö´ÖãÜÖ ‹¾ÖÖ›Ôü
IV. ´ÖêÙü®Ö ‹¾ÖÖ›Ôü
Ûæú™ü :
(A) II, IV, III, I (B) IV, III, II, I
(C) III, II, IV, I (D) IV, II, I, III
39. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ´Öë ¿Öæ® Ö †Ö¬ÖÖ׸üŸÖ
²Ö•Ö™ü®Ö ¯ÖÏÖ¸ü´³Ö Ûú¸ü®ÖÖ Ûúךü®Ö Æîü ?
I. ãÖÖ¯Ö®ÖÖ ÜÖ“ÖÔ
II. »ÖÖêÛú ×®Ö´ÖÖÔÞÖ ÛúÖ ÖÔ
III. ØÃÖ“ÖÖ‡Ô ¯Ö׸ü ÖÖê•Ö®ÖÖ‹Ñ
IV. ±êú›ü¸ü»Ö ¸üÖê•ÖÛúÖêÂÖß Ö †ÓŸÖ¸üÞÖ
Ûæú™ü :
(A) I, III †Öî¸ü IV ÃÖÆüß Æïü …
(B) II, III †Öî¸ü IV ÃÖÆüß Æïü …
(C) I †Öî¸ü IV ÃÖÆüß Æïü …
(D) II †Öî¸ü III ÃÖÆüß Æïü …
40. ÃÖæ“Öß – I ´Öë ¤üß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II ´Öë ¤üß ÝÖ‡Ô
´Ö¤üÖë Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
ÃÖæ“Öß – I ÃÖæ“Öß – II
a. Œ»Ö²Ö ÛúÖ ×ÃÖ¨üÖÓŸÖ 1. ‹Ó£Ö®Öß ›üÖ‰ú®ÖËÃÖ
b. ¯ÖÏ´Öê Ö Ûúß
†ÃÖÓ³ÖÖ×¾ÖŸÖÖ
2. “ÖÖ»ÃÖÔ ×™ü²Öæ™ü
c. ¸üÖ•Ö®ÖßןÖÛú
×®ÖÞÖÔ Ö®Ö ÛúÖ
´ÖÖò›ü»Ö
3. •Öê´ÃÖ ²Öã“ÖÖ®Ö®Ö
d. ãÖÖ®Öß Ö »ÖÖêÛú
¾ÖßÖã†Öë Ûúß
‡Â™üŸÖ´Ö ¾ Ö¾ÖãÖÖ
4. Ûîú®Öê£Ö ‹¸üÖê
Ûæú™ü :
a b c d
(A) 3 1 2 4
(B) 3 4 2 1
(C) 2 3 4 1
(D) 3 4 1 2
41. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ Ûú¸ü ÛúÖ ‘‘ÖÖêÂÖÞÖÖŸ´ÖÛú
¯ÖϳÖÖ¾Ö’ ÆüÖêŸÖÖ Æîü ?
(A) †Ö Ö Ûú¸ü
(B) ÃÖ´¯Ö×¢Ö Ûú¸ü
(C) ˆŸ¯ÖÖ¤ü ¿Öã»Ûú
(D) ¯ÖæÑ•ÖßÝÖŸÖ »ÖÖ³Ö Ûú¸üÖ¬ÖÖ®Ö
42. ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ Ûú¸ü ³ÖÖ¸üŸÖß Ö
ÃÖÓ×¾Ö¬ÖÖ®Ö Ûúß †®ÖãÃÖæ“Öß – VII Ûúß ÃÖæ“Öß – I Ûêú
†®ÖãÃÖÖ¸ü ÃÖÓ‘Öß Ö ÖÖ Ûêú®¦üß Ö ÃÖ¸üÛúÖ¸ü Ûêú ÃÖß´ÖÖ õÖê¡Ö
´Öë ¯Ö›ÌüŸÖÖ Æîü ?
(A) ×¾ÖªãŸÖ Ûêú ˆ¯Ö³ÖÖêÝÖ †Öî¸ü ײÖÛÎúß ¯Ö¸ü Ûú¸ü
(B) ÃÖ›ÌüÛú ´ÖÖÝÖÔ ÃÖê •ÖÖ®Öê ¾ÖÖ»Öê ÖÖ×¡Ö ÖÖë ŸÖ£ÖÖ
¾ÖßÖã†Öë ¯Ö¸ü Ûú¸ü
(C) ´Ö®ÖÖê¸Óü•Ö®Ö ÃÖ´ÖêŸÖ ×¾Ö»ÖÖ×ÃÖŸÖÖ†Öë ¯Ö¸ü Ûú¸ü
(D) ÃÖ´ÖÖ“ÖÖ¸ü¯Ö¡ÖÖë Ûúß ×²ÖÛÎúß ‹¾ÖÓ ÜÖ¸üߤü ŸÖ£ÖÖ
ˆÃÖ´Öë ×¾Ö–ÖÖ¯Ö®Ö ¯Ö¸ü Ûú¸ü
43. ¾ÖßÖã Ûêú ¾Ö•Ö®Ö, †ÖÛúÖ¸ü ÖÖ ®ÖÖ¯Ö Ûêú †®ÖãÃÖÖ¸ü
»ÖÝÖÖ ÖÖ ÝÖ ÖÖ Ûú¸ü Œ ÖÖ ÛúÆü»ÖÖŸÖÖ Æîü ?
(A) Ö£ÖÖ´Öæ» Ö Ûú¸ü
(B) ¯Ö׸ü´ÖÖÞÖ¯Ö¸üÛú Ûú¸ü
(C) ‹Ûú»Ö Ûú¸ü
(D) ¤üÖêÆü¸üÖ Ûú¸üÖ¬ÖÖ®Ö
44. Ûú¸ü ³ÖÖ¸ü ¯Ö¸ü ´ÖÃÖÝÖÏê¾Ö ÛúÖ ×¾Ö“ÖÖ¸ü ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë
ÃÖê ÛúÖî®Ö ÃÖÖ Æîü ?
(A) †×®ŸÖ´Ö Ûú¸ü ¤üÖŸÖÖ ¯Ö¸ü Ûú¸ü ×®Ö¬ÖÖÔ¸üÞÖ
(B) †Öî¯Ö“ÖÖ׸üÛú ŸÖ£ÖÖ ¯ÖϳÖÖ¾Ö¯ÖæÞÖÔ Ûú¸ü ³ÖÖ¸ü
(C) ²Ö•Ö™ü ®Öß×ŸÖ ´Öë ¯Ö׸ü¾ÖŸÖÔ®ÖÖë Ûêú ÛúÖ¸üÞÖ ×®Ö•Öß
ˆ¯Ö ÖÖêÝÖ ÆêüŸÖã †Ö Ö Ûêú ×¾ÖŸÖ¸üÞÖ ´Öë ¯Ö׸ü¾ÖŸÖÔ®Ö
(D) Ûú¸ü ÛúÖ †×®ŸÖ´Ö ¯ÖÏŸ ÖõÖ ´ÖÖîצüÛú ³ÖÖ¸ü

14. Paper-II 14 J-01-14
45. Given arithmetic mean = 45,
mode = 48, then median =
(A) 46
(B) 45
(C) 48
(D) 49
46. If two events A and B are mutually
inclusive, then P(A or B) is
(A) P(A) + P(B) – P(AB)
(B) P(A) + P(B) + P(AB)
(C) P(A) + P(B)
(D) P(A) P(B)
47. The analysis of variance is carried
out by using
(A) t-test
(B) Z-test
(C) χ2
-test
(D) F-test
48. Systematic sampling implies that the
first item is selected randomly and
(A) the other items are selected by
lottery method
(B) the other items are selected
purposively
(C) then every kth
item is selected
(D) the other items are selected at
the will of the investigator
49. Given the following information
match the item in List – I with
List – II :
List – I List – II
a. Rejecting H0, if it
is true
1. β error
b. Accepting H0, if it
is false
2. Standard
error
c. Probability of
rejecting H0, when
it is false
3. α error
d. Measuring
sampling
variability due to
random force
4. 1 – β
error
Codes :
a b c d
(A) 3 1 2 4
(B) 2 1 4 3
(C) 2 4 1 3
(D) 3 1 4 2
50. Assertion (A) : Geometric mean is
theoretically considered as the
best average to construct index
numbers.
Reason (R) : Geometric mean is
used if the range of
observations is extremely large.
Codes :
(A) Both (A) and (R) are true and
(R) is the correct explanation of
(A).
(B) Both (A) and (R) are true, but
(R) is not the correct
explanation of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.

15. J-01-14 15 Paper-II
45. ÝÖ×ÞÖŸÖß Ö ´ÖÖ¬ Ö = 45, ²ÖÆãü»ÖÛú = 48, פü‹ ÝÖ‹
ÆüÖê®Öê ¯Ö¸ü ´ÖÖ׬ ÖÛúÖ ÆüÖêÝÖß
(A) 46 (B) 45
(C) 48 (D) 49
46. Öפü ¤üÖê ‘Ö™ü®ÖÖ‹Ñ A †Öî¸ü B ¯ÖÖ¸üïÖ׸üÛú ºþ¯Ö ÃÖê
†¯Ö¾Ö•ÖÔÛú ( ÖÖ ‹ÛúÖ×®ŸÖÛú) Æïü, ŸÖÖê P (A ÖÖ B) Æîü
(A) P(A) + P(B) – P(AB)
(B) P(A) + P(B) + P(AB)
(C) P(A) + P(B)
(D) P(A) P(B)
47. ¯ÖÏÃÖ¸üÞÖ ÛúÖ ×¾Ö¿»ÖêÂÖÞÖ ×®Ö´®Ö×»Ö×ÜÖŸÖ ÛúÖ ˆ¯Ö ÖÖêÝÖ
Ûú¸üÛêú ×Ûú ÖÖ •ÖÖŸÖÖ Æîü :
(A) t-¯Ö¸üßõÖÞÖ (B) Z-¯Ö¸üßõÖÞÖ
(C) χ2-¯Ö¸üßõÖÞÖ (D) F-¯Ö¸üßõÖÞÖ
48. ¾ Ö¾Ö×Ã£ÖŸÖ ¯ÖÏ×ŸÖ“Ö Ö®Ö ÛúÖ ŸÖÖŸ¯Ö ÖÔ Æîü ×Ûú ¯ÖÆü»Öß ´Ö¤ü
ÛúÖ ÖÖ¥üד”ûÛú ºþ¯Ö ÃÖê “Ö Ö®Ö ×Ûú ÖÖ •ÖÖŸÖÖ Æîü †Öî¸ü
(A) †® Ö ´Ö¤üÖë ÛúÖ »ÖÖò™ü¸üß ¯Ö¨ü×ŸÖ «üÖ¸üÖ “Ö Ö®Ö
×Ûú ÖÖ •ÖÖŸÖÖ Æîü …
(B) †® Ö ´Ö¤üÖë ÛúÖê †Ö®Öã¯ÖÖןÖÛú ºþ¯Ö ÃÖê
“Ö Ö×®ÖŸÖ ×Ûú ÖÖ •ÖÖŸÖÖ Æîü …
(C) ×±ú¸ü ¯ÖÏŸ ÖêÛú k¾Öà ´Ö¤ü ÛúÖ “Ö Ö®Ö ×Ûú ÖÖ
•ÖÖŸÖÖ Æîü …
(D) †® Ö ´Ö¤üÖë ÛúÖ †®ÖãÃÖÓ¬ÖÖ®ÖÛú¢ÖÖÔ Ûúß ‡“”ûÖ
Ûêú †®ÖãÃÖÖ¸ü “Ö Ö®Ö ×Ûú ÖÖ •ÖÖŸÖÖ Æîü …
49. ÃÖæ“Öß – I ÛúÖê ÃÖæ“Öß – II Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
ÃÖæ“Öß – I ÃÖæ“Öß – II
a. H0 ÛúÖê †Ã¾ÖßÛúÖ¸ü Ûú¸ü®ÖÖ,
Öפü ¾ÖÆü ÃÖŸ Ö Æîü
1. β ¡Öã×™ü
b. H0 ÛúÖê þÖßÛúÖ¸ü Ûú¸ü®ÖÖ,
Öפü ¾ÖÆü ×´Ö£ ÖÖ Æîü
2. ´ÖÖ®ÖÛú ¡Öã×™ü
c. •Ö²Ö H0 ×´Ö£ ÖÖ Æîü ˆÃÖê
†Ã¾ÖßÛúÖ¸ü Ûú¸ü®Öê Ûúß
ÃÖÓ³ÖÖ×¾ÖŸÖÖ
3. α ¡Öã×™ü
d. ÖÖ¥üד”ûÛú ²Ö»Ö Ûêú ÛúÖ¸üÞÖ
¯ÖÏ×ŸÖ“Ö Ö®Ö ¯Ö׸ü¾ÖÙŸÖŸÖÖ ÛúÖ
´ÖÖ¯Ö®Ö
4. 1 – β ¡Öã×™ü
Ûæú™ü :
a b c d
(A) 3 1 2 4
(B) 2 1 4 3
(C) 2 4 1 3
(D) 3 1 4 2
50. †×³ÖÛú£Ö®Ö (A) : ÃÖæ“ÖÛúÖÓÛú ×®ÖÙ´ÖŸÖ Ûú¸ü®Öê Ûêú
×»Ö‹ • ÖÖ×´ÖŸÖß Ö ´ÖÖ¬ Ö ÛúÖê ÃÖî¨üÖÓןÖÛú ºþ¯Ö
ÃÖê ÁÖêšü †ÖîÃÖŸÖ ÃÖ´Ö—ÖÖ •ÖÖŸÖÖ Æîü …
ÛúÖ¸üÞÖ (R) : Öפü ¯ÖÏêõÖÞÖÖë Ûúß ¯Ö¸üÖÃÖ ( ÖÖ ÃÖß´ÖÖ)
ÛúÖ±úß ²Ö›Ìüß Æîü ŸÖÖê • ÖÖ×´ÖŸÖß Ö ´ÖÖ¬ Ö ÛúÖ
ˆ¯Ö ÖÖêÝÖ ×Ûú ÖÖ •ÖÖŸÖÖ Æîü …
Ûæú™ü :
(A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖŸ Ö Æïü, †Öî¸ü (R),
(A) Ûúß ÃÖÆüß ¾ ÖÖÜ ÖÖ Æîü …
(B) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖŸ Ö Æïü, ¯Ö¸ü®ŸÖã
(R), (A) Ûúß ÃÖÆüß ¾ ÖÖÜ ÖÖ ®ÖÆüà Æîü …
(C) (A) ÃÖŸ Ö Æîü, ¯Ö¸ü®ŸÖã (R) ×´Ö£ ÖÖ Æîü …
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16. Space For Rough Work
Paper-II 16 J-01-14