Professional Documents
Culture Documents
Master Minds
______________________________________
CPT _June_2010_Session 2
Master Minds
Time: 2 hrs.
Part A - Economics
Introduction to Economics
1. Micro Economics is also called
a) Demand theory
b) price theory
c) economic theory
d) none of these
d) None of these
Analysis of Demand
3. Which goods are named after sir Giffen
a) Superior
b) Normal
c) Luxury
d) Inferior
Elasticity of Demand
4. Find Income elasticity of demand when demand increases by 20% and income decreased by 10%
a) -2
b) 3
c) 2
d) 4
5. In case of luxury goods income elasticity
a) Positive
b) Negative
b) agriculture
d) all economic activities upto certain limit
d) None of these
Production Analysis
10. If output increase by 20% for 20% increase in input, then it is called ____
a) Law of increasing returns to scale
b) Law of decreasing returns to scale
c) Law of constant returns to scale
d) None of these
11. Law of increasing returns occur due to ___
a) Indivisibility
b) Specialisation
c) Economies of scale
d) None of these
Markets
12. When supply increases with demand remaining constant then ____
a) both price and demand increases
b) price increases demand decreases
c) price decreases and demand increases
d) price and demand decreases
13. If increase in supply is more than increase in demand then ____
a) Increase in price and quantity
b) Decrease in price and quantity
c) Increase in price and decrease in quantity
d) Decrease in price and increase in quantity
______________________________________
CPT _June_2010_Session 2
Master Minds
c) Monopoly
d) Oligopoly
d) Traditional
c) Secondary sector
th
d) Animal Husbandary
d) None of these
21. Which of the following is associated with the land reforms introduced after independence
a) Abolition of intermediaries
b) Tenancy reforms
c) Ceiling on Land holdings
d) All of these
d) none
d) None
Unemployment
24. The unemployment which is caused by the introduction of new machines, improved production techniques,
labour saving devices etc called
a) Frictional
b) Technological
c) Casual
d) Structural
Poverty
25. In uban areas a person is said to be below the poverty line, if his daily consumption of calories is less than_
a) 2400
b) 2100
c) 2600
d) 2800
Balance of Payment
26. Difference between visible imports and visible exports of a nation ___
a) Balance of trade
b) Balance of payments
c) Balance of current account
d) None of these
Money
27. Which of the following represents M3
a) Narrow Money
b) Board Money
c) Near Money
d) None of these
______________________________________
CPT _June_2010_Session 2
Master Minds
c) CRR
d) SLR
c) Planning commission
d) Government
d) {-2, 6}
Functions
31. If f : A R is a real valued function defined by f ( x ) =
a) R
b) R {1}
1
then domain of f is ____
x
c) R {0}
d) R N
a) Discontinuous at x = 0
c) Continuous every where
Logarithms
33. If logba + logca = 0 then ____
a) b = c
b) b = - c
c) b + c = 1
Theory of Indices
34. If 2 x 2 x 1 = 4 then find x x
a) 7
b) 3
c) 27
d) 9
Quadratic Equations
37. The roots of the equation 3 x 2 14 x + k = 0 are reciprocal then find k
a) k = -3
b) k = 0
c) k = 3
d) k = 14
Linear Inequations
5 2x x
38. Solution of inequality
5 then
3
6
a) x 8
b) x 8
c) x = 8
d) none
Arithmetic Progressions
39. The number 144 is dividend into 3 parts in A.P. such that largest number is double the smallest number
then find the smallest number ____
a) 48
b) 36
c) 13
d) 32
______________________________________
CPT _June_2010_Session 2
Master Minds
40. If a1,a 2 , a 3 represents first, second, third terms in A.P. if the first term is 2 and (a1 + a 2 ) a 3 is minimum then
c)
2
5
d)
2
5
Geometric Progressions
41. Sum of the series 1 +
a)
15
36
4 7 10
+
+
+ ......
5 52 53
35
b)
16
c)
35
28
d)
15
16
Limits
2x 2 + 3
4x + 1
44. Lt
a)
b) 2 2
c)
d) 0
2 2
Derivatives
45. If x 2 + y 2 = 4 then ____
a) y
c) y
d2 y
dx 2
d2 y
dx 2
dy
dx
+1= 0
dy
dx
+ 2
b) y
d2 y
dx 2
dy
dx
+ 2
+1= 0
+2=0
d) None of these
Integrations
46.
x dx
x2 + 2
= ____
a) log 2
b) log 3
c) log
d)
2
47.
dx
3
2
(3 x + 4 ) 2 + (3 x + 1) 2 + C
3
c)
3x + 4 3x + 1
3
a)
b)
2
(3 x +
27
3
4) 2
+ (3 x
3
+ 1) 2
+C
2
(3 x + 4) 2 (3 x + 1) 2 + C
3
d) none of these
d) None
______________________________________
CPT _June_2010_Session 2
Master Minds
c) Mode
d) None
d) 1, 2 & 3
a)
2
n +1
1 1
1
, , ......... is
2 3
n
n +1
2
b)
c)
1
n +1
d) none
Correlation
53. If the correlation between x & 2y is r then correlation between u and v where u =
a) r
b) r
x5
y7
,v=
is
10
2
d) None of these
b) Coefficient of non-determination
d) None
Regression
55. If x + 2y = 5, and 2 x + 3 y = 8 are two regression lines then regression line y on x is
a) x + 2y -5 =0
b) 2x + 3y -8 =0
c) Any of these
d) None of these
d) None
Index Numbers
57. Consumer price index number is also known as ____
a) Simple Index Number
c) Base Shifting
58. Given Paasches Index Number 150 and Dorbish and Bowleys Index Number 145 then the fishers
Ideal Index Number is _____
a) 175.91
b) 160.44
c) 144.91
d) None
Probability
59. Find the sum of 2 dice (x 7) when 2 dice are thrown simultaneously.
5
7
11
b)
c)
a)
12
12
15
1
2
1
60. If P( A ) = , P(B) = , P( A B) =
P( A B)
4
5
2
1
1
b)
a)
2
3
c)
1
4
61. In a pack of playing cards with joker then getting spade king ____
4
4
1
b)
c)
a)
52
13
52
d)
3
8
d) None
d)
1
54
______________________________________
CPT _June_2010_Session 2
Master Minds
Theoretical Distributions
62. Variance of Standard Normal Distribution is ___
a) 1
b)
c) 2
d) 0
63. E (13 x + 9)
a) 13
c) 13 E(x) +9
d) 0
c) 16
d)
c) 2
d) 6
b) 9
a) 8
b) 2
1
. What is value of 2
3
b) 4
Sampling
66. Other than sampling errors are ____
a) Enumeration error
b) Formula error
c) Human error
67. The selection of each element have equal probability in type of sampling ___
a) Random sampling
b) Stratified sampling
c) Systematic sampling
d) None of these
c) Standard Error
the end
______________________________________
CPT _June_2010_Session 2
Master Minds
Part A ECONOMICS
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
69.
______________________________________
CPT _June_2010_Session 2