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Exam Details

MHSET ECONOMICS DECEMBER (PAPER II) 2020

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Questions 100
Duration 180 mins
Package UGC NET & SET - Previous Year Papers

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Difficulty distribution

Medium 68 68%
Hard 28 28%
Easy 4 4%

Question type distribution

Multiple Choices 100 100%

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Sample questions from this paper

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1
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
................... utility means that an individual can attach specific values or numbers of utils from consuming each quantity of a good or basket of goods.
A
Ordinal
B
Marginal
C
Cardinal
D
Equi-marginal
2
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
The following diagram typically represents ............... of .............. production function.
A
Total cost, non-linear
B
Total fixed cost, linear
C
Total cost, linear
D
Total fixed cost, non-linear
3
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
............. refers to the covering of a foreign exchange risk.
A
Arbitrage
B
Hedging
C
Mint parity
D
Purchasing power parity
4
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
A results when each player adopts the strategy that gives her the highest possible pay off if her rival sticks to the strategy she has chosen.
A
Partial equilibrium
B
Nash equilibrium
C
Long-run equilibrium
D
General equilibrium
5
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
Price set by an authority is called ................. price.
A
Transfer
B
Fixed
C
Administered
D
Limit
6
2020 · Unclassified
MHSET ECONOMICS DECEMBER (PAPER II) 2020
Positive Net Present Value (NPV) means that the expected return on the project exceeds :
A
Opportunity cost of funds
B
Variable cost of funds
C
Fixed cost of funds
D
Variable and fixed cost of funds