Economics Past Paper PDF

## 45-C **Group-A** **K-Section** Answer all questions serially 1. Write the correct answer choosing from the alternatives given in each question 1x15=15 **(a)** The unique feature of monopolistic competition is ଏକାକାରମୂଳକ ପ୍ରତିଯୋଗିତାର ଅନନ୍ୟ ବୈଶିଷ୍ଟ୍ୟ ହେଲା (i) single seller ଏକମାତ୍ର ବିକ୍ରେତା (ii...

## 45-C **Group-A** **K-Section** Answer all questions serially 1. Write the correct answer choosing from the alternatives given in each question 1x15=15 **(a)** The unique feature of monopolistic competition is ଏକାକାରମୂଳକ ପ୍ରତିଯୋଗିତାର ଅନନ୍ୟ ବୈଶିଷ୍ଟ୍ୟ ହେଲା (i) single seller ଏକମାତ୍ର ବିକ୍ରେତା (ii) product differentiation ଦ୍ରବ୍ୟର ବିଭେଦୀକରଣ (iii) single price ଏକକ ଦର (iv) restricted entry into market ବଜାରକୁ ପ୍ରବେଶରେ କଟକଣା **(b)** Which of the following is associated with microeconomics? ନିମ୍ନଲିଖୂତ ମଧ୍ୟରୁ କେଉଁଟି ବ୍ୟଷ୍ଟି ଅର୍ଥନୀତି ସହିତ ସଂପୃକ୍ତ ? (i) National income ଜାତୀୟ ଆୟ (ii) Theory of consumer behaviour ଉପଭୋକ୍ତାର ପ୍ରବୃତ୍ତ ତତ୍ତ୍ୱ (iii) General price level ସାଧାରଣ ଦର ସ୍ତର (iv) Aggregate employment ସାମୂହିକ ନିଯୁକ୍ତି **(c)** Which of the following is a part of aggregate demand? ନିମ୍ନଲିଖୂତ ମଧ୍ୟରୁ କେଉଁଟି ସମଷ୍ଟିଗତ ଚାହିଦାର ଅଂଶ ? (i) Private investment ଘରୋଇ ନିବେଶ (ii) Household consumption ପାରିବାରିକ ଉପଭୋଗ (iii) Government expenditure ସରକାରୀ ବ୍ୟୟ (iv) All of the above ଉପରୋକ୍ତ ସମସ୍ତ **(d)** Which of the following is not included in national income? ନିମ୍ନଲିଖୂତ ମଧ୍ୟରୁ କେଉଁଟି ଜାତୀୟ ଆୟରେ ଅନ୍ତର୍ଭୁକ୍ତ ହୋଇ ନ ଥାଏ ? (i) Compensation of employees କର୍ମଚାରୀମାନଙ୍କ କ୍ଷତିପୂରଣ (ii) Operating surplus କାର୍ଯ୍ୟକାରୀ ଉଦ୍‌ବୃତ୍ତ (iii) Transfer payment ଅନ୍ତରଣ ଦେୟ (iv) Mixed income ମିଶ୍ରିତ ଆୟ **(e)** Which of the following is not a function of the commercial banks? ନିମ୍ନଲିଖୂତ ମଧ୍ୟରୁ କେଉଁଟି ବାଣିଜ୍ୟିକ ବ୍ୟାଙ୍କର କାର୍ଯ୍ୟ ନୁହେଁ ? (i) Acceptance of deposits (ii) Advancing loan (iii) Credit creation (iv) Credit control **(f)** Balanced budget is one in which ସମତୁଲ ବଜେଟ୍ ତାହା ଯେଉଁଥ୍ରେ (i) proposed expenditure is equal to anticipated revenue ପ୍ରସ୍ତାବିତ ବ୍ୟୟ ସମ୍ଭାବ୍ୟ ଆୟ ସହିତ ସମାନ (ii) proposed expenditure is greater than anticipated revenue ପ୍ରସ୍ତାବିତ ବ୍ୟୟ ସମ୍ଭାବ୍ୟ ଆୟଠାରୁ ଅଧୂକ (iii) proposed expenditure is less than anticipated revenue ପ୍ରସ୍ତାବିତ ବ୍ୟୟ ସମ୍ଭାବ୍ୟ ଆୟଠାରୁ କମ୍ (iv) None of the above ଉପରୋକ୍ତ କୌଣସିଟି ନୁହେଁ **(g)** Who defined Economics as a science of choice'? ‘ଅର୍ଥଶାସ୍ତ୍ର ଏକ ଚ଼ୟନ ବିଜ୍ଞାନ’ ଏହି ସଂଜ୍ଞା କିଏ ଦେଇଥିଲେ ? (i) Adam Smith ଆଡାମ୍ ସ୍ମିଥ (ii) Alfred Marshall ଆଲଫ୍ରେଡ୍‌ ମାର୍ଶାଲ (iii) J. S. Mill ଜେ. ଏସ୍. ମିଲ୍ (iv) Lionel Robbins ଲିଓନେଲ୍ ରବିନ୍ସ **(h)** Which of the following is not a characteristic of wealth? ନିମ୍ନଲିଖୂତ ମଧ୍ୟରୁ କେଉଁଟି ସଂପଦର ବୈଶିଷ୍ଟ୍ୟ ନୁହେଁ ? (i) Utility ଉପଯୋଗିତା (ii) Scarcity ସ୍ଵଳ୍ପତା (iii) Internal quality ଅନ୍ତର୍ନିହିତ ଗୁଣ (iv) Transferability ସ୍ଥାନାନ୍ତର କ୍ଷମତା **(i)** When marginal utility is zero, total utility ଯେତେବେଳେ ପ୍ରାନ୍ତୀୟ ଉପଯୋଗିତା ଶୂନ ହୁଏ, ସେତେବେଳେ ମୋଟ୍ ଉପଯୋଗିତା (i) decreases ହ୍ରାସ ପାଏ (ii) increases ବୃଦ୍ଧି ପାଏ (iii) becomes maximum ସର୍ବାଧୂକ ହୁଏ (iv) becomes zero ଶୂନ ହୁଏ **(j)** When income increases, what happens to the position of the demand curve? ଆୟ ବୃଦ୍ଧି ପାଇଲେ, ଚାହିଦାରେଖାର ସ୍ଥିତି କ’ଣ ହୋଇଥାଏ ? (i) Shifts to the right ଡାହାଣକୁ ସ୍ଥାନ ପରିବର୍ତ୍ତନ ହୋଇଥାଏ (ii) Shifts to the left ବାମକୁ ସ୍ଥାନ ପରିବର୍ତ୍ତନ ହୋଇଥାଏ (iii) Remains constant ଅପରିବର୍ଷିତ ରହେ (iv) Rises upwards from left to right ବାମରୁ ଡାହାଣକୁ ଊର୍ଦ୍ଧ୍ୱଗାମୀ ହୋଇଥାଏ **(k)** When price rise of good X causes rise in the demand for good Y, then the two goods are ଯେତେବେଳେ X ଦ୍ରବ୍ୟର ଦର ବୃଦ୍ଧି ହେତୁ Y ଦ୍ରବ୍ୟର ଚାହିଦା ବଢେ, ସେତେବେଳେ ଦ୍ରବ୍ୟ ଦୁଇଟି (i) complementary ଅନୁପୂରକ (ii) alternative ବୈକଳ୍ପିକ (iii) equally urgent ସମଗୁରୁତ୍ଵପୂର୍ଣ (iv) None of the above ଉପରୋକ୍ତ କୌଣସିଟି ନୁହେଁ **(l)** When marginal revenue is less than average revenue, average revenue ଯେତେବେଳେ ସୀମାନ୍ତ ଆୟ ହାରାହାରି ଆୟ ଠାରୁ କମ୍ ହୁଏ, ହାରାହାରି ଆୟ (i) remains constant (ii) rises (iii) falls (iv) becomes zero **(m)** Production means ଉତ୍ପାଦନ ହେଉଛି (i) creation of matter ବସ୍ତୁ ସୃଷ୍ଟି (ii) creation of utility having exchange value ବିନିମୟ ମୂଲ୍ୟ ଥିବା ଉପଯୋଗିତା ସୃଷ୍ଟି (iii) satisfaction of human wants ମାନବୀୟ ଅଭାବଗୁଡ଼ିକର ସନ୍ତୋଷ ବିଧାନ (iv) making factors more productive ଉପାଦାନଗୁଡ଼ିକୁ ଅଧିକ ଉତ୍ପାଦନଶୀଳ କରିବା **(n)** The pain and sacrifice undergone by the owners of factors in the process of production are ଉତ୍ପାଦନ ପ୍ରକ୍ରିୟାରେ ସାଧନ ମାଲିକମାନଙ୍କ ଅନୁଭୂତ ଯନ୍ତ୍ରଣା ଓ ତ୍ୟାଗ ହେଉଛି (i) explicit costs ସୁବ୍ୟକ୍ତ ପରିବ୍ୟୟ (ii) economic costs ଅର୍ଥନୈତିକ ପରିବ୍ୟୟ (iii) money costs ମୌଦ୍ରିକ ପରିବ୍ୟୟ (iv) real costs ବାସ୍ତବ ପରିବ୍ୟୟ **(o)** Under monopoly, the shape of the demand curve is ଏକାଧ୍କାରରେ ଚାହିଦାରେଖାର ଆକାର ହେଲା (i) horizontal (ii) vertical (iii) downward sloping (iv) upward sloping ## **Group-B** **K-Section** Answer any eleven of the following questions within 2 to 3 sentences each : **(a)** What is law of supply? **(b)** What is average cost? **(c)** What is law of equimarginal utility? **(d)** What is personal income? **(e)** What is aggregate demand? **(f)** What is monopolistic competition? **(g)** What is money? **(h)** What is budget? **(i)** What is form utility? **(j)** What are conventional necessaries? **(k)** What is demand schedule? **(l)** What is perfectly elastic demand? **(m)** What are the central problems of an economy? **(n)** What is marginal revenue? ## **Group-C** **G-Section** Answer any four of the following questions : 5. Explain the law of variable proportions. 6. Explain the simple Keynesian theory of income determination. 7. Describe the functions of money. 8. Discuss the functions of Central Bank. 9. Discuss the characteristics of human wants. 10. Explain the law of demand.