Title K-0315 (Paper III) ( Economics).pdf ✅

K-0315 3 Paper III Total Number of Pages : 24 1. Which one of the following is defined in terms of concentration ratio ? (A) Duopoly (B) Monopolistic competition (C) Monopoly (D) Oligopoly 2. The greatest good for the greatest number of the society is social welfare according to (A) K.J. Arrow (B) A.C. Pigou (C) Bentham (D) Kaldar 3. Green GDP is associated with (A) Sustainable Development (B) Economic growth (C) Stable growth (D) Secular growth 4. Romar-Lucas model of growth is known as (A) Neo-classical growth model (B) Endogenous growth model (C) Neo-liberal growth model (D) Liberal growth model 5. Combined effect of accelerator and multiplier is known as (A) Super multiplier effect (B) Investment multiplier effect (C) Savings effect (D) Psychological effect 6. Simultaneous determination of interest rate and income level is given by (A) General equilibrium (B) Savings function (C) IS-LM framework (D) Investment multiplier ECONOMICS PAPER – III Note : This paper contains seventy-five (75) objective type questions. Each question carries two (2) marks. All questions are compulsory.