Hyderabad Entrance-List of Doubts

[Bin]

1. Trade in differentiated products refers to:
A. Inter-industry Trade
B. Intra-industry trade
C. Trade based on economies of scale
D. Trade based on imitation gaps and product cycles

2. Given the demand function Q:20 - 5P, the elasticity of demand at p:3 is
A. -l
8.5
c. -3
D.0

3. 16. Ricardo's theory of comparative advantage is based on:
A. The opportunity Cost theory
B. The law of diminishing returns
C. The labour theory of Value
D. All ofthe above

4. 18. Functions of the Finance commission explicitly incrude:
 A. Distribution of net proceeds of taxes betw""n cent e and the States.
B. Distribution of Grants-in Aid to the states
c. Advise State Finance commissions and seek resources to Locar Bodies
 D. All ofthe above

5. 21. An Isoquant is derived assuming that
f.There is perfect substitutability between the factors ofproduction.
B' There are an infinite number of techniques to produce a given quantity of output.
C. Inputs are complem entary.
D.There are economies of scale in the production of output

6. 23. Say's Law in Classical Theory holds that:
A. There is excess money suppry in the economy in the rong run.
!. Bad money in the economy drives good money out of circuration.
!. There is no general glut in the market in the long run. :
D. Capitalism always results in unemployment

7. Suppose that economists estimate that consumers spend 80% of any increase in their
disposable income. If the aggregate price level is fixed, and government spending
increases from Rs.2 trillion to Rs.3 trillion in an year, the total change in GDP as a
result of government spending is:
A. Rs.l0 trillion
B. Rs.15 trillion
C. Rs.s trillion
D. Rs. I trillion

8. How many different samples of size n : 2 can be taken from a finite population of size n: 10?
A. 35
B. 40
c. 45
D. 65

9. Dynamic factors in trade refer to changes in:
A. Factor Endowments
B. Technology
C. Taste
D. All of the above

10. The Keynesian formulation "savings is a function of Income" is known as
A. Absolute lncome Hypothesis
B. Permanent income Hypothesis
C. Life Cycle Income Hypothesis
D. Real income Hypothesis

11. which of the folrowing market structure maximizes werfare?
A. Discriminating monopolist
B.Natural monopoly
C. Monopoly
D. Perfectly discriminating monopolist

12. In general, for normal goods, the relationship between compensating Income (cv), variation in Equivalent variation in Income, (EU anJ a change in consumer
Surplus (ACS) for a price increase is given by,
A. CV>EV>ACS
B. EV>ACS>CV
C. EV>CV>ACS
D. CV>ACS>EV

13. Let Money be measured on the y-Axis and commodity x on the x_axis in an indifference map between the two. If the price consumption curve for X commodity is horizontal then it implies that demand curve for this commodify is
A. horizontal
B. positively sloped
C. venical
D. a rectangular hyperbola

14. structural adjustment in the medium term in macroeconomics refers to A. A policy of fiscal and money supply adjustment
B. A policy of exchange rate adjustments
C. A policy of rationalization of Subsidies
D. All ofthe above

15. Assuming a downward sloping linear demand curve and a constant Marginal cost of
production, the dead weight loss due to monopoly pricing ( as against the marginal cost
pricing rule) is
A. equal to the profits ofthe monopolist
B. is roughly equal to 1/3 rd ofthe monopoly profits
C. is equal to one half of the monopoly profits
D. is equal to one fourth of monopoly profits

16. Given two conformable matrices J and z,whichof the following is true?
A. JZ *ZJ
B. J+Z*Z+l
C. J_Z+_Z+T
D. All ofthe above are true

17. 66. Which of the following is true ofthe Harmonic Mean as a measure of central
tendency?
A.Its value is based only on all of the observations of the sample
B. It gives the largest weight to the smallest items.
C. Its value cannot be computed when there are zero or both positive and negative
items
D. Allof the above

18. Structural Inflation refers to:
A. Cost Push inflation
B. Demand Pull inflation
C. Both A. and B.
D. None of the above

19. For Normal goods,
A. The Hicksian Demand curve is flatter than the Marshallian demand curv'e
B. The Hicksian Demand curve is steeper than the Marshallian demand curve
C. The Hicksian Demand curve coincides with the Marshallian demand curve
D. The Hicksian Demand curve has the same slope as the Marshallian but parallel to it.

20. The probabilities that a woman will buy a new dress for a party at three shops, 1,?,3
are0.22,0.18, 0.35 respectively. The probability that she will buy a new dress at one
ofthese shops is:
A. 0.50
B. 0.33 c. 0.75
D. 0,25

21. Capital Gains Tax is an example of
A. Unit tax
B. Ad volerum tax
C. fixed tax
D. value added tax

22. The demand function for a certain text is given by P :20 - 0.0002e. What amount of
output would the author like to be sold if he wants to sell as many books as possible? A. 5000
B. 50,000
c. 12,00
D. 14,000

[XIPP]

मुझे लगता है कि हैदराबाद विश्वविद्यालय की परीक्षा मात्र विद्यार्थी की स्मरणशक्ति पर ध्यान केंद्रित करती है। यद्यपि DSE और ISI की प्रवेश परीक्षाएं विद्यार्थी की मौलिक क्षमताओं को परखती हैं। इसीलिये यदि आप हैदराबाद की प्रवेश परीक्षा में अनुत्तीर्ण होते हैं तो इसका तात्पर्य ये नहीं कि आप DSE एवं ISI के लिए अनुपयुक्त हैं।

मैंने हैदराबाद की परीक्षा में अनुत्तीर्ण होने का संकल्प कर लिया है !

[bhavya jain]

I am getting the following answers-
1. Trade in differentiated products refers to:
A. Inter-industry Trade
B. Intra-industry trade
C. Trade based on economies of scale
D. Trade based on imitation gaps and product cycles

2. Given the demand function Q:20 - 5P, the elasticity of demand at p:3 is
A. -l
8.5
c. -3
D.0

3. 16. Ricardo's theory of comparative advantage is based on:
A. The opportunity Cost theory
B. The law of diminishing returns
C. The labour theory of Value
D. All ofthe above

4. 18. Functions of the Finance commission explicitly incrude:
 A. Distribution of net proceeds of taxes betw""n cent e and the States.
B. Distribution of Grants-in Aid to the states
c. Advise State Finance commissions and seek resources to Locar Bodies
 D. All ofthe above

5. 21. An Isoquant is derived assuming that
f.There is perfect substitutability between the factors ofproduction.
B' There are an infinite number of techniques to produce a given quantity of output.
C. Inputs are complem entary.
D.There are economies of scale in the production of output

6. 23. Say's Law in Classical Theory holds that:
A. There is excess money suppry in the economy in the rong run.
!. Bad money in the economy drives good money out of circuration.
!. There is no general glut in the market in the long run. :
D. Capitalism always results in unemployment

7. Suppose that economists estimate that consumers spend 80% of any increase in their
disposable income. If the aggregate price level is fixed, and government spending
increases from Rs.2 trillion to Rs.3 trillion in an year, the total change in GDP as a
result of government spending is:
A. Rs.l0 trillion
B. Rs.15 trillion
C. Rs.s trillion
D. Rs. I trillion

8. How many different samples of size n : 2 can be taken from a finite population of size n: 10?
A. 35
B. 40
c. 45
D. 65

9. Dynamic factors in trade refer to changes in:
A. Factor Endowments
B. Technology
C. Taste
D. All of the above

10. The Keynesian formulation "savings is a function of Income" is known as
A. Absolute lncome Hypothesis
B. Permanent income Hypothesis
C. Life Cycle Income Hypothesis
D. Real income Hypothesis

11. which of the folrowing market structure maximizes werfare?
A. Discriminating monopolist
B.Natural monopoly
C. Monopoly
D. Perfectly discriminating monopolist

12. In general, for normal goods, the relationship between compensating Income (cv), variation in Equivalent variation in Income, (EU anJ a change in consumer
Surplus (ACS) for a price increase is given by,
A. CV>EV>ACS
B. EV>ACS>CV
C. EV>CV>ACS
D. CV>ACS>EV

13. Let Money be measured on the y-Axis and commodity x on the x_axis in an indifference map between the two. If the price consumption curve for X commodity is horizontal then it implies that demand curve for this commodify is
A. horizontal
B. positively sloped
C. venical
D. a rectangular hyperbola

14. structural adjustment in the medium term in macroeconomics refers to A. A policy of fiscal and money supply adjustment
B. A policy of exchange rate adjustments
C. A policy of rationalization of Subsidies
D. All ofthe above

15. Assuming a downward sloping linear demand curve and a constant Marginal cost of
production, the dead weight loss due to monopoly pricing ( as against the marginal cost
pricing rule) is
A. equal to the profits ofthe monopolist
B. is roughly equal to 1/3 rd ofthe monopoly profits
C. is equal to one half of the monopoly profits
D. is equal to one fourth of monopoly profits

16. Given two conformable matrices J and z,whichof the following is true?
A. JZ *ZJ
B. J+Z*Z+l
C. J_Z+_Z+T
D. All ofthe above are true

17. 66. Which of the following is true ofthe Harmonic Mean as a measure of central
tendency?
A.Its value is based only on all of the observations of the sample
B. It gives the largest weight to the smallest items.
C. Its value cannot be computed when there are zero or both positive and negative
items
D. Allof the above

18. Structural Inflation refers to:
A. Cost Push inflation
B. Demand Pull inflation
C. Both A. and B.
D. None of the above

19. For Normal goods,
A. The Hicksian Demand curve is flatter than the Marshallian demand curv'e
B. The Hicksian Demand curve is steeper than the Marshallian demand curve
C. The Hicksian Demand curve coincides with the Marshallian demand curve
D. The Hicksian Demand curve has the same slope as the Marshallian but parallel to it.

20. The probabilities that a woman will buy a new dress for a party at three shops, 1,?,3
are0.22,0.18, 0.35 respectively. The probability that she will buy a new dress at one
ofthese shops is:
A. 0.50
B. 0.33 c. 0.75
D. 0,25

21. Capital Gains Tax is an example of
A. Unit tax
B. Ad volerum tax
C. fixed tax
D. value added tax

22. The demand function for a certain text is given by P :20 - 0.0002e. What amount of
output would the author like to be sold if he wants to sell as many books as possible? A. 5000
B. 50,000
c. 12,00
D. 14,000

[econ14]

can u plz explain q 13. and 12.

[Bin]

Can you explain the 8th, 15th and 20th questions?

[Bin]

1. A commodity is available in fixed supply. Demand is downward sloping. At equilibrium configuration, there is excess supply observed for this commodity at zero price. Then this represents a case of :

a) unique equilibria price
b) multiple equilibria
c) a commodity that is a free good
d) all of the above

2. A firm is employing 100 units of labour and 50 units of capital to produce 200 widgets. Labour costs $10 per unit and capital costs $5 per unit. For the quantities of input employed, MPL is 2 and MPK is 5. In this situation the firm,
a)is producing the maximum output possible given the prices and relative productivities of the inputs
b)could lower its production costs by using more labour and less capital
c)could increase its output at no extra cost by using more capital and less labour
d)should use more of both inputs in equal proportion

3)Total cost of production for a firm to produce 100 units is Rs1500 and to produce 150 units is Rs 2000. Assuming AVC to be contsant, fixed cost for the firm is:
a)100
b)500
c)1000
d)1500

4) For an economy, consumption-income ratio is given as 0.72. The incremental capital output ratio is 4. Given that the population is growing at 3%, what will be the growth rate of per capita income?
a) 9
b) 1
c) 7
d) 4

5)Given the demand function p=25-q^2, the consumer surplus for 4 units of q is equal to:
a)42
b)50
c)32.67
d)42.67

[The Villain]

1. A commodity is available in fixed supply. Demand is downward sloping. At equilibrium configuration, there is excess supply observed for this commodity at zero price. Then this represents a case of :

a) unique equilibria price
b) multiple equilibria
c) a commodity that is a free good 
d) all of the above




4) For an economy, consumption-income ratio is given as 0.72. The incremental capital output ratio is 4. Given that the population is growing at 3%, what will be the growth rate of per capita income?
a) 9
b) 1
c) 7
d) 4

 

[The Villain]

5)Given the demand function p=25-q^2, the consumer surplus for 4 units of q is equal to:
a)42
b)50
c)32.67 
d)42.67