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PG-QP - 56

10. Who among the following wrote The Jungle Book?


A) �k Twaine B) R.K. Narayan
'\_,Y7Rud) ard Kipling D) Rabind.ranath Tagore r.,

Q � o_ru:1_
11. Rangaswamy Cup is associated with � CU. W�l{ tt-Lp M
_., �'/'- ,�
A) Archery "k'et l,A..,lJ+i'l ��- 1
)C nc
� �0 l 9 2.. � , +w t.- 0
C) FoorbaH \_,,.W)/.Hoc ke.y (!)..,LP �w et1 CY'() a< � .. �

CJJ. �:r,11LLLU - ��:':� "r +o


12. Who is the father of Geometry ? \ Ll)-U\1'...._}{YV/.1).r n l' ��
/ t)
A) Aristotie � Euclid
pi� t,Lp
C) Pythagoras D} Kepler ..fW
I)��,.,�

� �
13. Shivaji's war strategy used against the Mughals was
A) Alert Anny B) Political Supremacy
C) Large Army �uerilla Warfare

14. Marginal utility. a consumer derives from a good, is


�hange in his total utility as a result of adding one unit to his stock of a good
B) Utility derived from a particular good
C) Change in utility derived as a result of a change in the price of a good
D) Cb:rnge in his total utility when he buys extra units of a good

15. Joint itary Exercise Nomadic Elepban 2 1 s bein he en In nd 5J �; _)


� � � :) � �-(��t{ _ctt� kp�
A) Vietnam \._JYJ Mongoha ,. ,::, \..... � � W � IA.I • ::J
J OIV) I ll 1 � \ 'J , ,,
C) Sri Lanka D) Thailand e.�
0-t,d � . \ 2MA. N � L-
� -20 l-=t M be;�
16. 1014 X 986 = ! � .,

1/\/) �"-!Li' <X. �


A) 998804 B) 998814 etA-t'loA,"_.u-H_. � (1Y)V\,.lL��'lt r-. _. ..a '
� �

✓, b-t.kw,tLl1 ..::,.,vLP-' t\.


c> 998904 �> 999804 �- , �, ct _Q.n trb-O{Q
&c.
M ..,
. . . � � u� t.t-1
17. After deductmg a coITI1Illss10n of 5%, a T.V. set costs Rs. 9595. Its � marked price is �rl."-t..NL
A.) R . 10,000 B) Rs. 10. 075 C,.0--,.'\IUtv�..AAA.d �
. 10, 100 D) Rs • 10 ' 500 -Hu �'Cl.Nl
C\._�V'fvy� M1"'
18. At ;':'.l'•t rate percent per annum will a sum of money double in 16 years ?
� 6.25% p.a.
V o..;,,,__y�
B) 6.00% p.a.
C) 6.75% p.a. D) 6.50% p .. a.
uJ- 'f\.t?V1c} � � P, � gT =f evvu:i 1::' b c.1�
Ro..Ii. � l\ � X lP �
p) /
D

'� / 0

� G¼"I� t,cx.

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PG-QP - 56

19. In a exam two papers maths and chemistry, 60% of the students pass in maths and
70% pass in chemistry. What is minimum percentage of students who could have
fai� in both the subjects ?
�0% B) 30%
C) 40% D) None of these

20. A can do a piece of work in 80 days. He works at it for 10 days and then B al� ne
finishes the remaining work in 42 days. In how much time will A and B working
together, finish the work. ?
A) 40 days B) 35 days
C) 50 days $30 days

21. Choose the missing term out of the given alternatives Y, W, U, S, Q, ?, ? � +OJ--O g�
A) M,L R) J ,_ R � � . ,.,1 r .... +-vu...
n✓r - b11�roc,--tLl\!.-l ' ;:;,.--v
C) L, M \..,YI 0, M
V\---
,e_ X. \-2
, \j ,,.uvv
I u-,
V �
, • -tt-- � /)J\,.f... 01\.1.

22. In a certain language, PEN is written as QDM, fuen how BOOK will be written in that
code?
A) CMJN
C) CNLS D)NMJP

23. B, the son of A was married to C, whose sister D was married to E, the brother of B.
How D is related to A ?
A) Sister �Daughter-in-law
C) Sister-in-law D) Cousin

24. Statements :
I. The fanners have decided against selling their Kharif crops to the Government
agencies.
TI. The Government has reduced the procurement price of Kharif crops starting from
the last month to the next six months.
A) Statement I is the cause and statement II is its effect
\.fr{statement II is the cause and statement I is its effect
C) Both the statements I and II are independent causes
D} Both the statements I and II are effects of independent causes
25. Indjscreet is related to imprudent in the same way as Indisposed is related to
A) Concerned. B) Crucial
C) Clear �Reluctant
T IA.PL!-t � � 5: rnt)f.� r
w-u �� . .it lA\!�� ,>

� &�� � �v\.diJ�.
� rl� . ��
\ rl i t t I r \_ �} •
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PG-QP - 56 ..g.. 1111m111111rn111111mm11 1m 1111
29. Find dy/dx, if y = (4x3 + 8)(2x7 -5) \.J. '?
CJ
l4rx..3+e) c�2�g ::Z.
"==t
-l05) 'X.'";'.{- _ 2b"' '6
,x_ +\ 6
A-

�x 9 + 112x6 -60x2 -qo


B) 80x 9 + 112x 6 -60x
� ...,
liAJ � -1 \2 ?L b
C) 16x 9 + ll2x 6 - 60 9
D) 16x + I 12x - 60x 6 c\'X- - 8'D rx.: _ f:.,('YX 2.
_,--.,.
(3� Find an equation for the tangent to the curve at the given point: y = x -x2 , (3, - 6)
A)y=5x+9 B)y=-5x+9
C) y = 7x - 9 D) y = 7x + 9

@ Evaluate the integral f (-2x+ 4) dx


4

A) 48 B) 12 C) 72 D) 36

32. Let A= 1 0 -1 . Which of the following is true ?


ll3 4
2 s31
� .:tw-
�w.1'tAAMr et o.__£.�
�br �r XI t\ � V) A
"
Iv)
'2,{('«)
0 - - - �J
-tj{,UJ.')
0,
A
A) A is invertible since det(A) = 0
�is not invertible since det(A) = 0 V> rt\,O r- I'rn \,Lt}-{ ,J-/ \'.),l.(l . � M Q "'
�/cu i_ l� ..H,lAJ- � d..t.r.t>-r \'YI I YlP
C) A is invertible since det(A) * 0 _ � +!,UJ.-{ CL � MV).X'rn°� �
D) A is not invertible since det(A) * 0 i"fl u...Q.}-l.1-·/ hLt ,e Ji ..\--kQ MAt\ 4 "ll Y
/_
0
� CVVL t� l.,W-1 5.-t ,
@ Which of the following formulas is false if x, y and z are positive ?
A) In x 5 - Lnx 3 = 2/n x

ln (x+y) z213 =3ln(x+y)+10lnz


[ 1/5 ]1/5
C)

D) (In x )4 = 4 In x

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PG-QP - 56
11m111m111m111111111m11rn 1111 -9-

(2 k)_ has no in. verse ·


?

r � K_) o
34. For what value of k the matrix A, where A= ,,,
., .)
A) 3/10 �10/3 \ ?, 5 �
O
C) 3 D) 10 t O ,-- ?J LL -
� �(::: � l t>
\(__-:: \ o/s
4 3i u
ti3. Whjch of the foUowing statements about the function given by f(x) = x - 2x s tr e ?
A) The function has no relative extremum
B) The graph of the function has one point of inflection and the function has two
relative extrema
C) The graph of the function has two points of inflection and the function has one
relative extremum
D) The graph of the function has two points of inflection and the function has two
relative extrema

D) t = 3

37. The minimum of f(x) = 2x 2 - In x - 2 for x > 0 occurs at


�=½ B) X=2
C) x = e D) there is no minimum point

@A bank offers a return of 4% compounded semi-annually. The future value of an


investment of INR 1500 after 7 years will equal
A) 1979 B) 1543
C) 1123 D) 2103

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-10-
56
pG-QP - ?
are the Je ve l cu rves f(x, y) == k
2 + y2 - 4 What
:= X
(39 If f(X, y)
as for k < - 4
A) Hyperbol
B) Parabolas
es
C) Straight Jin
>- 4
D) Circles fork
.
-3X 3- +2x1 X 3
? IS
? 4 X 5 2+2x 2 3 X
4'C) Th e f unc tion y = - 2xt + X1 z- Xz
..YJ
te
A) Positive defini
efinite
B) Negative semi-d
C) Negative definite
nite
D) Positive semi-defi
obability
word PR OBABILITY. The p r
A sin gle lett er is selected at random from the
41.
that it is a vowel is
B) 2/11
A) 3/11
D) 0
$4111

at random.
and 2 blue balls. Two balls are drawn
42. A bag contains 2 red, 3 green
balls is blue ?
What is the probability that none of the
✓1 0/21 B) 11/21

C) 2/7 D) 5/7

f I ements
(Ai) Use a Venn diagram and the given information to determm· e the numbe r o e
V in the indicated region.
n(A) = 33, n(B) = 19, n(AnB) = l, n(A'nB') = 9. Find n(U).

A) 52 B) 60

C) 64 D) 51

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? � A� ..

o o \-vH p
u,o-e_.Q,
...f.7. \Vhat is statistical inference ? s--to..ttJ� ../\Au...:.._"" 1' � AA� .{.t.,,bouJ- o....M-- 0
0-'k- � � Q;tn' ve,,vv u�-
\.,vV\.tlV1 lJ;\,l,li�
io .
A) The process of drawing concl u s ns ab out a sa pl based on p o pulatwn dp�
� � � �
B) The process of drawing conclusions about a stat1st.Ic bas ed on a p ara m eter b �

u ions ut a population based on a p ara met e r

et W-ec .
C) The process of drawing concl s abo O "6 �
\..J)'(The process of drawi11g conclusions about a population based on sample data
�M � � ' ;r
('(vQr r--rac-1--1'UJJ 7'-0
�.. 48. Consider a large population with a mean of I 60 and a standard deviation of 25. ob ,1-t';t)"'Y\.-
A random sample of size 64 is taken from this populati on. What is the standar d C\.;lt ...\--'\ILL
deviation of the sample mean? �W\J.,f)"l&r>�
Ax< 'J - B) 2.500 t-;.') C\_ ol'\,U,,t'\_
\/1 3.1 _:,
p Of� �Q)-, •
C) 3.750 D) 5.625

49 If the mean and variance of a series are 10 and 25, then co-efficient of variation is
(in percent)
A) 25 B) 50 C) 100 D) 250

" 50. There is an approximate linear relati o nship between the height of females and
their age (from 5 to 18 years) described by : height = 50.3 + 6.01 (age), where
height is measured in cm and age in years. Which of the following is not correct ?
�he estimated slope is 6.01 which implies that children increase by about 6 cm for
each year they grow older
B) The estimated height of a child who is 10 years old is about 110 cm
C) The estimated intercept is 50.3 cm which implies that children reach this height
when they are 50.3/6.0 l = 8.5 years old
D) The average height of children when they are 5 years old is about 50% of the
average height when they arc 18 years old

A national achievement test is administered annually to undergraduate students


entering post graduate program of study. The test has a mean score of 70 and a
standard deviation of 15. If one of the candidate's z-score is l.20, what. was th� · O,
:; d:t·s raw score:;'�� lest?

C) ?S D) 98 ··• •:·• ..·


'· ''., .. '· . : .
< (','n�
-:, \f�
. . ·'

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11m11111 1 1111 111111 m 111 1111 1111 -13- PG-QP - 56
52. Independent random samples
of 10 observations each are drawn from two normal
populations. The parameters of
these populations are: p = 280, u 1 = 25 and J-12 = �?O
nd == 30. 1
� C>2 The differ ence between the two sample means has a distribution which
1s equal to

A) N(lO, 152.5)
B) N(20, 152.5)
C) N(lO, 180)
D) N(lO, 185)

r
53. If the correlation between the variables X nd
a Y is 0.5, then the con�lation between
the variables 2x - 4 and 3 - 2y is Pe.a.9-l,G-� C'>w� ti On c,.Q.,f\ Cl)

V> '"rlrv�L? 0-.H', 'r +o -¥


06'arY'\
�<;--:
n.-P�
' '-'O
vC,,v'-"'-'Al\ ,.,

A) l B) 0.5 � �-Lr ( � � M �
�0.5
!

D) 0 � �lb,a___�-VJ�u � x,'�
£, ---- u
@ The following ages are those of 15 people interviewed at movie theatres in a shopping +=t-'Y1w&t
'< \, ..
_,\J0-,I
O s. 1' -H
4--l/1 0 \=' f s c.£U__.I/L
C).J.\ �

Vo�·
0-r-1 '
'\

1
6,).
centre: 12, 14, 15, 19, 19, 21, 27, 31, 32, 46, 53, 56, 57, 58, 59. What is the sum of the +--vC-L. 1f

median and the mode ? P �C¥V\.._ °


A) 50 a.,,O}-U-u..,Ld--1-1 f'YL
B) 64 I (.J •_e_-\f\•.(...._

C) 52 D) 87 c..,t, cl+-0 '


-,t1, yos�� /4,tn,
--\-0 -H.A..e � (l' �
@ A distribution has zero skewness if it is oi\..P' --l-KA,vu_ :
A) symmetrical about its mode ..t,t,,u. e.--0 }-U-u_to,..t-c�1
l-l�'v'b'\Y-- 'o--j l/\)
B) symmetrical about its mean
2.'X-� o\/\1\..d
C) symmetrical about its median 3 -2. G � - 0' � ' I
D) symmetrical about its variance

a 56. Higher saving rate in the Solow model leads to


0YTemporary growth in per capita income
B) Permanent growth in per capita income

C) Both level and growth effect


D) Neither the level nor the growth effect

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PG-QP - 56 -14- 111111111m11111 11111111111 11111 1111
57. If prices and wages are flexible, the Jong run aggregate supply curve would be
A) Upward sloping
✓vertical
C) Horizontal
D) Downward sloping

✓n
58. If nominal wages are rigid in the short run the Phillips curve would be
ownward sloping
C) Upward sloping
B) Vertical
D) Horizontal

59. According to the Permanent Income Hypothesis a temporary tax cut financed by
debt issue should
A) Increase current consumption
B) Increase current and future consumption
vfnecrease current consumption
D) Have no effect on consumption

60. Monetary neutrality implies that


� M +w- fcU.a �
NW t� ½ 61) � .A�..Le. �
A) Monetary policy affects output ..+-\A..£tl'
-_o fr11\-'-'C.i
..C�l.M .1/1,') MA,-i � . . A
C\
r() 1 \l\.i.1.-t.. �
A

B) Monetary policy affects employm�� •� ..\-lA.t ��


�onetary policy only affects nominal variab?es ��¾ (1W m
01,FJ::;

D) Monetary policy affects only real values H..e.N vcu.v'� 1.J�KJ 'pl
tU.AJ 6i DP , K-W 0b n! tLf'{\
f
on p+I ,
61. If the Marginal Propensity to Consume (MPC) is a number which lies between O
and l, then the consumption function would be
\_)r('upward sloping but flatter than a 45 degree line
B) Vertical
C) Horizontal
D) Upward sloping and would be steeper than the
45 degree line

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PG-QP - 56
I ltrnlll l l llll l mil 111111!111111111 -15-

· 62. For any given monetary base an increase in the currency to deposit ratio would
cause the money supply to
A) Decrease B) Remain unchanged
C) Increase D) Accelerate

63. Technological progress in the Solow model would have


b6Growth effect
B) Level effect
C) Both level and growth effect
D) Neither the level nor the growth effect

64. How does the Keynesian model explain involuntary unemployment ?


� Labour market distortions
B) Bad luck
C) Monetary and fiscal policy mistakes
D) Nominal wage rigidity

65. If nominal wages are rigid real wages would be


A) Procyclical �Countercyclical
C) Rigid D) Unaffected

66. If I sell my art collection to my neighbor


A) GDP would increase B) GDP would decrease

�main unchanged D) None of the above

67. If India has a persistently higher inflation rate compared to the United States
A) The rupee would appreciate
�The rupee would depreciate
C) The dollar would depreciate
D) None of the above

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PG-QP - 56 -16- I IIIIIIII Ill llll l tilll II\ lml l\111111
68. Productivity growth in the Classical model would shift the long run aggregate supp l y
curve

B) To the left

C) Upward D) Inward

69. In the Keynesian model what determines the price level ?


A) The Phillips curve

C) Fiscal policy
D) Exchange rate policy

70. If the Reserve Bank (RBI) intervenes in the foreign e xchange market and buys dollars
the LM curve would

\_)..{shift left B) Shift right

C) Cross the IS curve D) Not shift

71. In the Keynesian model the slope of the aggregate demand curve depends on
A) Money multiplier
B) Animal spirit
C) Marginal propensity to consume
v0nterest rate

72. In the Solow model technological progress


A) Is explained by actions of economic agents
�s explained by government investment in research and development

C) Is explained by the quality of the workforce


D) Is assumed to be exogenous

. ' : ''. , . ·.� }\\


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PG-QP - 56 -18-
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\
78. Farmer Krishnan in Tamil Tadu can grow 1500 kg of rice or 750 kg of wheat on one
f acre. Farmer Dilip in Punjab can grm, 1900 kg of rice or 800 kg of wheat on
e' one acre. \Vhich of the foUowing statements is true ?
s
A) Kri hnan has a comparaLive advalllaQe in growing rice
.., B) Dilip has a comparative advantage in growing wheat
sc
C) Krishnan ha. a omparali c ad an1age in growing \Vheat
('
D) Mor information i needed to determine who has comparalive advantag e

79. Indifference cun es that are convex to the origin reflect

A) an increasing marginal rate of substitution

a decreasing marginal rate of subslitution

C) a constant marginal rate of substitution

D) a m:ugi□al rate of substitution that first decreases, then increases

80. A tax on raw land causes

A) A large deadweight loss


�o deadweight loss

C) Landlords to bear no burden of the tax

D) Negative externalities for others

81. Suppose notebooks are produced by a constant-cost industry. Which of the


following must cau e Student's Notebooks to exit the im.Justry in the long nm ?
A) Student's is notified of a rent increase, but her competitor's rents are unchanged
B) A fire destroys half of Student's in entory
� photographer wins a Rs. I Jakh lawsuit against Student's for having used her
photos on its norcbooks without her permission
D) The price of cardboard used in notebook production goes Lip

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PG-QP - 56
I IIHIII IW HJJ� 11111 ml I'll till !Ill -19-

then
82. If you pay a price exactly equal to your w1·11·mg ness to pay
A) Your consumer surplus is 0
B) Your willingness to pay is less than your consumer surp lus
;/ .
G-) Your consumer surp lus 1s
. negative
D) You place little value on the good

83. For the production function Q = 20..JIZL', the equation for a typical Isoquant is

A) K=20UQ2 B) K=Q 2/20L


C) L= K/20Q D) K = 20(QL) 2

84. Consider a production function of the form Q = K2 L2 with marginal products


MPK = 2KL2 and MPL = 2K2L. What is the marginal rate of technical substitution of
labor for capital at the point where K = 5 and L = 5 ?
A) 5 B) 25
C) 50 D) l

85. A firm cannot price discriminate if it


A) has perfect infonnation about consumer demand
B) operates in a competitive market
�aces a dow n ward sloping demand curve
D) is regulated by the government

86. The Anna Library has a large number of books that anyone with a library card may
borrow. Anyone can obtain a card for free. Because the number of copies of each
book is limited, not everyone can have the same book at the same time. What type
of good will the library books be classified as in this case ?
A) Private goods
B) Natural Monopoly
C) Common Resources
\.P(rublic Goods

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PG-QP - 56 -20- 111111111 ml llll l lllll Ill ll\11111\ llll
87. A distinguishing feature of an oligopolistic industry is the tension between

A) Cooperation and self interest

B) Profit maximization and cost minimization


• C) roducing a small amount of output and charging a price above marginal coSt
D) Short nm decisions and long run decisions

88. Private markets fail to account for externalities because

A) Externalities do not occur in private markets

B) Sellers include costs associated with externalities in the price of their product

C) Decision makers in the market f ail to include the costs of their behavior to
third parties

.{he government cannot easily estimate the optimal quality of pollution

89. In a public goods context, it is difficult to measure impact on real income because
A) Public goods are generally free to the public
�ey make up a small percentage of total GDP
C) It is hard to measure how people value the public good
D) Inflation decreases the value of the good

90. ff the Japanese steel industry subsidizes the steel that it sells to United States, the
�United States must protect its domestic steel industry from this unfair competition

B) Harm done to the U.S. steel producers is less than the benefit that accrues to U.S.
consumers of steel

C) Harm done to the U.S. steel producers from the unfair competition exceeds the
gain to the U.S. consumers of the cheap Japanese steel

D) United States should subsidize the products it sells to Japan

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