SHREE GURU KRIPA S INSTITUTE OF MANAGEMENT

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1 Shree Guru Kripa s Institute of Management Name. Roll No.. Date: SHREE GURU KRIP S INSTITUTE OF MNGEMENT MODEL EXM 1 CPT ECONOMICS & MTHS Total Marks: 100 Time: hours Total No. of Questions: 100 No. of Printed pages: 8 1

2 Shree Guru Kripa s Institute of Management 1. We mainly study the following in micro economics: (a) Location of a Industry Study of firms Factor pricing (d) ll of the above. When we study why saving rates are high or low, we are studying: (a) Macro Economics Micro Economics Econometrics (d) Both (a) and. Which of the following is not a central problem of the economy? (a) How to produce? When to produce? What to produce? (d) For whom to produce? 4. Effective Demand depends on: (a) Desire Means to purchase Willingness to use those means for that purchase (d) ll of above. Quantity demanded is a: (a) Flow Concept Stock Concept Both (a) and 6. Inferior goods have: (a) Positive Income elasticity Negative Income elasticity Zero (d) Both (a) and 7. If two goods are substitutes like tea and coffee, then the cross elasticity is: (a) Negative Zero Positive (d) Less than one 8. If the price of Banana rises from Rs 0 per dozen to Rs. 40 per dozen and the supply increases from 40 dozen to 00 dozens elasticity of supply is: (use arc Elasticity Method) (a) (d) If as a result of 90 percent increase in all inputs, the output increase by 7 percent this is a case of (a) Increasing return to a factor Decreasing return to a factor Diminishing returns to scale 10. NDP does not include: (a) Payment made for direct taes Depreciation allowance Undistributed profits (d) Corporate dividend ta 11. Which of the following would not be included in GNP? (a) Mohan purchases a shirt to wear Sai Ram purchases a new Mercedes Benz of S- class Yes bank purchases new computers for its shares business (d) diti grows Tulsi plant in her home 1. Full employment is the level at which there is: (a) Normal rate of unemployment Zero unemployment Least supply of labour 1. In which sector of the Indian Economy will we find a high rate of disguised unemployment? (a) Transport Sector gricultural Sector Service Sector (d) Mining 14. Service Ta is an instrument of: (a) Fiscal policy Monetary policy Revenue policy 1. Which of the following is also known as value added method of measuring National Income? (a) Product Method Ependiture Method Income Method (d) Deductive Method 16. In the theory of demographic transaction in the first stage: (a) Birth rate falls and death rate falls Birth rate falls and death rate rises Birth rate is high and death rate is high (d) Birth rate rises, death rate falls 17. Indian accommodates % of world population. (a) (d) t shut down point: (a) Price is equal to VC Total revenue is equal to TVC Total loss of the firm is equal to TFC (d) ll of the above

3 19. The indifference curve approach does not assume: (a) Rationality on the parts of consumers Ordinal measurement of satisfaction Cardinal measurement of satisfaction (d) Consistent consumption pattern behavior of consumer 0. Which one of the following agencies in India is responsible for computation of National income? (a) NCER CSO NSS (d) RBI 1. Suppose the total cost of production of commodity is Rs. 1,,000. Out of this implicit cost is Rs.,000 and normal profit is Rs.,000. What will be eplicit cost of commodity? (a) Rs. 90,000 Rs. 60,000 Rs. 6,000 (d) Rs. 1,00,000. Over the planning period, the relative share of area under food grains in gross cropped area in India has: (a) Decreased Increased Remained the same (d) Increased initially and then decreased. Over the planning period the share of industrial sector in the GDP of the India has: (a) Increased Decreased Remained Constant (d) Remained above 40% 4. Human Development Inde is a composite inde: (a) Health, Literacy and employment National Income, size of population and general price level National Income, per capita Income and per capita consumption (d) Physical resource, monetary resource and population size. Which of the following is not including in the primary sector? (a) Fishery Forestry nimal Husbandry 6. Which of the following is not a commercial crop? (a) Sugar Cotton Oilseeds Shree Guru Kripa s Institute of Management 7. Which of the following was not prevailing in the country at the time of Independence? (a) Zamindari System Ryotwari system Mahalwari system 8. griculture provides employment to about % of people living in the country (01-14) (a) (d) Which one is a direct ta among the following? (a) Wealth Ta Ecise Duty Service Ta 0. The other name of Budget line is: (a) Demand line Price line Supply line 1. The definition Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses was given by: (a) J. B. Say lfred Marshal Robbins (d) Paul.. Samuelson. Economics is. (a) Not a normative science. Not a positive science. Partly science and partly art (d) Neither a normative nor a positive science.. Which of the following statements is incorrect in case of capitalist economy? (a) There is equality of income among people in the economy Profit-motive gets precedence over social motive Freedom of enterprise about what to produce (d) Right to own property 4. Which of the following is likely to cause an inward shift in a country s PPC? (a) Scientist discovering new techniques of production Workers getting job in making fly-over War destroying resources of the country (d) The country finds new techniques of agricultural production

4 Shree Guru Kripa s Institute of Management. The consumer surplus concept is derived from: (a) Law of demand Law of Diminishing marginal utility Indifference curve analysis (d) ll of the above 6. The consumer is in equilibrium when: (a) When marginal utility is constant When marginal utility is greater than price of the good When marginal utility is less than price of the good (d) When marginal utility is equal to price of the good 7. Which is not the property of Indifference curve analysis? (a) Indifference curves slope downward to the left Indifference curves are always conve to the origin Indifference curves can never intersect each other (d) higher indifference curve represents a higher level satisfaction than the lower indifference curve 8. Capital is a: (a) Stock concept Flow Concept Both (a) and 9. Which is not the function of an entrepreneur? (a) Initiating a business enterprise and resource coordination Risk bearing or uncertainty bearing Innovation (d) Mobilisation of savings 40. Types of balance of trade are (a) Favorable balance of trade Unfavorable balance of trade Balanced balance of trade (d) ll of the above 41. full fledged Department of Family Planning was created in India in (a) (d) SH is related to : (a) Environmental care dult care in urban areas Health care in village (d) Social care in urban areas 4. Highest density of population is in: (a) Punjab Maharashtra U. P. (d) Delhi 44. Wealth Ta was abolished in: (a) (d) False it is still continuing 4. In order to improve production of power, Electricity ct was passed in (a) (d) Which of the following is correct? (a) If National Income rises, per capita income must also rise If population rises per capita income must fall If National income rises, welfare of the people must rise (d) none of the above. 47. ccording to Planning Commission using Mied Recall period almost ----% people were below poverty line in (a) 4% 6% 7% (d) % 48. bout percent of sick units are other than small units (a) 90% 10% % (d) 0% 49. The industrial sector depends on the agricultural sector because: (a) The agricultural sector provides food and other products for the consumption purpose of industrial sector The agricultural sector provider market for the industrial products The agricultural sector provides raw materials to industry (d) ll of the above 0. PPF stands for: (a) Private Provident Fund Personal Provident Fund Public Provident Fund (d) Public Presidency Fund 1. If : B = :, B : C = 4: and C: D = 6: 7, then : B: C: D is (a) 16: : 0: 16: 4: 1: 16: 4: 0: (d) 18: 4: 0: 4

5 . If s : t is the Duplicate Ratio of s p : t p then (a) p = 6st p = 6st p = st. What quantity must be added to the terms of the ratio p+q:p q to make it equal to ( p + q) : (p - q) (a) (q+p) /p (q p) /p (q p )/p 4. The fourth proportional to (a+b), (a) (a+b) (a b ) (a b) (d) (a + b) (a + b), (a b) is. If 4, and 9 are in proportional then is equal to (a) (d) litres of a miture contains milk and water in the ratio :. If 4 litres of this miture be replaced by 4 litres of milk, the ratio of milk to water in the new miture would be (a) :1 7: 8: (d) 4: a + b (a) a = b/ a = b a = b (d) a = b 1 7. If log = ( log a + log b) log simplifies to (a) log log log a (d) 4 log, then 9. Solve the equation 17 6 = 1 for (a) / 1/ (d) 1/ Shree Guru Kripa s Institute of Management Solving equation z z + = 0 the following values of z are obtained (a) 1,,, 4 (d) 1,, 61. The age of a man is three times the sum of the ages of his two sons and years hence his age will be double the sum of their ages. Find the present age of the man? (a) 6 years years years (d) 4 years 6. number consisting of two digits is four times the sum of its digits and if 7 be added to it the digits are reversed. The number is (a) 6 6 (d) Solve = 0 given that the roots are in geometrical progression. (a) ½, 1 1,, 4 ½,, (d) 1,, The distance from the origin to the point of intersection of two straight lines having equations y = 6 and + y = 18 is (a) units units 4 units (d) units 6. The area of the quadrilateral with vertices (1, 7) (, ) (6, ) and ( 4, ) is (a) 0 6 (d) What is the smallest integer value of that satisfies the inequality 4 <11? (a) 1 (d) If a < b and c < 0 then (a) a /c < b / c a / c > b / c a / c = b / c (d) a / c = 0

6 Shree Guru Kripa s Institute of Management 68. small manufacturing firm produces two types of gadgets and B, which are first processed in the foundary, and then sent to another machine for finishing. The number of man hours for the firm available per week are as follows: Foundry Machine shop 10 B 6 4 Capacity per week (man hours) Let the firm manufacture units of and y units of B. The constraints are: (a) y 1000, + 4y 600, 0;y y 1000, + 4y 600, 0;y y 1000, + 4y 600, 0;y 0 (d) y 1000, + 4y 600, 0;y sum was put at simple interest, at a certain rate for years. Had it been put at 1 % higher rate it would have fetched `6 more. The sum is (a) `,400 `,00 `,100 (d) `, Mr. Paul borrows `,000 on condition to repaid it with C.I. at 7% p.a. in annual installments of `,000 each. The number of years for the debt to the paid off is (a) 10 years 1 years 11 years (d) 1 years 71. person bought a house paying `0,000 cash down and `4000 at the end of each years for yrs. t % p.a C.I. The cash down price is (a) `7,000 `76,000 `76,9 7. If. n P : n P = :1, then n is equal to (a) In how many ways the word rticle can be arranged in a row so that the vowels occupy even places? (a) (d) How many arrangements of the letters of the word BHRT will not have B and H together (a) (d) The number of ways in which 8 different beads be strung on a necklace is (a),00,0,0 76. In how many ways 6 men can sit at a round table so that all shall not have the same neighbours in any two occasions? (a)!! (7!) (d) 7! seats of articled clerks are vacant in a 'Chartered ccountant firm'. How many different batches of candidates can be chosen out of 10 candidates if one candidate is always selected? (a) regular Polygon has 4 diagonals then the no. of sides are (a) (d) There are 1 points in a plane of which are collinear. The number of triangles is (a) Which term of the.p,,, is? (a) (d) The sum of certain numbers of terms of an P series 6,, 0 is. The number of terms is (a) (d) 1 8. The four numbers in P whose sum is 0 and the sum of their squares is 10 are (a),, 7, 9, 4, 6, 8, 9, 1, 17 (d) None 6

7 8. If you save 1 paise today, paise the net day 4 paise the succeeding day and so or, then your total savings in two weeks will be (a) ` 16 ` 18 ` The Lt 1+ + n n 1 (a) 4 = 8. If1 + a + a =, 1 + b + b = y and 1 + ab + a b is given by (a) y + y 1 y y + 1 y + y + 1 (d) None 86. If = {1,, }, then P () is (a) { {1,, }, {1, }, {1, }, {, }, {1}, {}, {}, φ } {1,, } (d) {{1,, },{1, },{1, },{, },{1},{}, {}} 87. If has 70 elements, B has elements and B has elements then B is (a) If Δ B = ( B) U (B ) and ={1,,,4}, B={,,7} then Δ B is (a) {1,,4,,7} {} {1,,,4,,7} 89. If n (P) = and n (Q) = 4, then n (P Q) is (a) 4 1 (d) 1 7 Shree Guru Kripa s Institute of Management 90. If f() = 1 and g() = (a) /4 4/ / (d) / + 1 f() then f() + g() 91. Is smaller than over the set of eggs in a bo is (a) Transitive (T) Symmetric (S) Refleive (R) (d) Equivalence(E) lim 11 + is equal to (a) 1/9 9 1/9 9. t lim is evaluated to be t t (a) / / t lim / ( + ) ( p + ) 94. p (a) p 1/p 0 (d) (p + ) p / is equal to 9. function f() is defined by f() = ( ) +1 over all real values of. Now f() is (a) Continuous at = Discontinuous at = Undefined at = n dy 96. If y = then y is!! n d (a) Differentiate with respect to. 4 (a) log +. (d) e log + log log + 4 loge + is

8 Shree Guru Kripa s Institute of Management 98. If y = dy then the value of d [ ] (a) 1 + log. ( 1 + log) 1 [ log. ( 1 log) ] log. ( 1 log) (d) 1 log. ( 1 log) [ ] [ ] is 100. Integrate ( ) d (a) 100 / 98 / (d) None / 99. e + d is equal to (a) + e + c e + c + e + c 8

Centers at Malleshwaram Rajajinagar Yelahanka Mathikere

Centers at Malleshwaram Rajajinagar Yelahanka Mathikere 1. Law of demand explains inverse relationship between a) Price and demand b) Demand and Price c) Income and demand d) Demand and income Samvit Tip: Law of demand states, other things remaining constant