Link to previous year exam papers are provided at bottom of this page. Subscribe to this blog to get updates directly in your mail box.

Friday, January 22, 2010

Punjab National Bank - Agriculture officers exam - Economics Paper - Part 1

1. Say’s Law of Markets states that-
Demand creates its own supply  Supply creates its own demand  Demand creates its own demand  Supply creates its own supply  None of these

2. Malthusian theory of population is based on-
Harmonic progression of population  Geometric progression of food production  Arithmetic progression of population  Geometric progression of population  All of the above

3. Gresham’s Law states that-
Good money drives bad money out of circulation  Bad money drives good money out of circulation  Both good money and bad money may co-exist  Neither bad money nor good money may be long in circulation  None of these

4. The on-going melt down had its origin in-
The real sector  The financial sector  The service sector  The textile sector  None of these

5. A competitive firm maximizes its profit when-
MR = AR  MR = MC  MC = AC  MC = AR  None of these

6. ‘Supernormal’ profit may exist in a market due to-
Asymmetry of information  Restriction of information  Quantity restriction  Price restriction  All the above

7. Profit is caused by-
Dynamic element in the economy  Innovation  Windfall  All of the above  None of these

8. Interest is paid-
To compensate for inflation  Due to superiority of present over future goods  Because demand for money outstrips its supply  To ensure the growth of the real sector  All the above

9. Investment is defined as a-
Deployment of a sum in business operations  Purchasing an interest bearing bond  Change in the stock of capital  All the above  None of these

10. The unproductive expenditure of the rich is-
Necessary to the employment of the poor  An impediment to the growth of an economy  Having no bearing on the economy  Having bearing only on the economy of the rich  None of these

11. Heckscher-Ohlin theory explains-
Pattern of trade in terms of relative factor endowments of countries  Why a country may import products which use extensively the country’s scarce factor  The law of comparative cost  The concept of reciprocal demand  All the above

12. ‘Quasi-rents’-
Are in the nature of free gifts  May be applicable to all factors of production  Comprise of all the returns to the firm in excess of the returns of the marginal firm  All the above  None of these

13. The indifference curve technique is essentially-
A cardinal approach  An ordinal approach  A quasi-ordinal approach  All the above  None of these

14. The slope of an indifference curve expresses-
The marginal rate of substitution of two goods  A ratio of marginal utility of one good to another  Both (A) and (B)  A ratio of total utility of one good to another  None of these

15. ‘Pass through’ effect in international trade theory refers to-
The proportion of an exchange rate change that is reflected in export and import price change  Exports and imports not facing any tariff barrier  Exports and imports not facing any technical barrier  All of the above  None of these

16. Uruguay Round of multilateral trade negotiations-
Started in 1986 and completed at the end of 1993  Aimed at reversing the rising trend of non-tariff trade barriers  Replaced the GATT with WTO  Brought services and agriculture into WTO  All of the above

17. Product Cycle Model in international trade theory (Vernon, 1966)-
Is an extension of technological gap model  Is an extension of Heckscher-Ohlin model  Explains dynamic comparative advantage of new products and new processes of production  All of the above  None of these

18. Hedging and speculation in forex markets-
Are opposite activities  Parallel activities  Same activities  All of the above  None of these

19. A currency swap refer to-
A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction  A forward sale of currency combined with a forward repurchase of the same currency-as part of a single transaction  A forward sale of currency combined with a forward repurchase of the same currency-in two different transactions  All of the above  None of these

20. Public-Private Partnership projects in India are mostly related to-
Airports  Ports  Railways  Roads  Urban development

Click here for PNB Officers Exam Economics Part II


Upcoming Bank PO and Clerical Exams

Upcoming Bank PO and Clerical Exams

Bank PO and Clerical Exams Result

Bank PO and Clerical Exams Result

Old Question Papers of different bank exams for Practice - Take Online Test now

Financial and General Awareness Questions - Bank Exams 2010

Banking and Financial awareness questions

SBI - Clerk Recruitment Exam, 2009 - Marketing Aptitude/Computer Knowledge

SBI: Financial Awareness and Marketing Question Paper for Management Executive Recruitment

Click here for more Online Tests.....


upcoming bank exams 2011 (50) Upcoming bank po exams (46) Online Test (38) General Awareness (34) Bank Clerk exam (32) English Paper (23) Bank PO (21) 2010 (20) Computer Awareness (20) SBI (20) Bank PO and Clerical Exam Results (17) Corporation Bank (16) Indian Bank (16) 2008 (15) Allahabad Bank (15) General Awareness Online Test (15) Union bank of India (15) solved paper (14) Canara Bank (13) Clerk Exam (13) Recruitment (13) Bank of India (12) Bank PO 2008 (11) Dena Bank (11) English Language (11) ICICI Bank (11) UBI (11) English Language Solved Paper (10) RBI (10) English (9) Reasoning Questions (9) Bank of Baroda (8) Grade B Officers Recruitment Exam (8) Sample Paper (8) (8) bank PO 2010 (8) Bank Exams 2010 (7) Bank PO Results (7) General Awareness Questions (7) IDBI (7) Oriental Bank of Commerce (7) Probationary Officer Exam (7) Quantitative aptitude (7) agriculture officers exam (7) Axis Bank (6) Bank PO Model Paper (6) Financial Awareness and Marketing (6) Haryana Gramin Bank (6) LIC (6) 2005 (5) 2009 (5) Andhra Bank PO (5) Bank Probationary Officers Exam 2009 (5) Banking Awareness (5) Baroda Rajasthan Gramin Bank (5) Central bank of India (5) Exam Results (5) General Socio-Economic (5) Nabard Bank PO (5) Officers Exam (5) PO Exam 2009 (5) Punjab National Bank (5) Quantitative Aptitute (5) Question Paper (5) Results (5) Specialist Officers (5) Andhra Bank (4) BoI (4) Clerk Exam 2008 (4) IBPS (4) Malwa Gramin Bank (4) Model Paper (4) Recruitment 2011 (4) Reserve Bank of India (4) Rural Marketing Officers (4) SBI Clerk Exam 2009 (4) Syndicate Bank (4) UCO Bank (4) Vijaya Bank (4) clerk exam 2009 (4) logical Reasoning (4) 2011 (3) 2016 (3) Administrative Officers (3) Assistant manager (3) CBI (3) GIC (3) General Insurance Corporation (3) Indian Overseas Bank (3) NABARD (3) Numerical Analysis (3) OBC (3) PNB (3) Probationary Officers Posts (3) Upcoming Bank Exams (3) bank online practice test (3) result (3) 2000 Posts (2) 2014 (2) Bank of Maharashtra (2) BoB Project 2011 (2) BoI Recruitment 2010 (2) CWE (2) DSE (2) Economics Paper (2) IOB (2) Karur Vysya Bank (2) Lakshmi Vilas Bank (2) Life Insurance Corporation of India (2) Management Executive Recruitment (2) New India Assurance Company Limited (2) North Malabar Gramin Bank (2) Office Assistants (2) Officers (2) PNB Bank PO (2) Prathama Bank (2) Previous Paper (2) Recruitment of Clerks (2) SBI Associate Bank (2) Syndicate Bank Probationary Officer (2) Tamilnad Mercantile Bank (2) United Bank of India (2) bank clerk result (2) bank officer 2016 (2) clerical exams (2) final result (2) fresher jobs (2) law officer (2) practice test (2) written test result (2) 1000 po (1) 937 (1) AGB (1) AMRD (1) APGB (1) Abhyudaya Co-op Bank (1) Allahabad UP Gramin Bank (1) AllbankExam (1) Andhra Bank Probationary Officers Exam 2009 (1) Andhra Pradesh Grameena Vikas Bank (1) Andhra Pragathi Grameena Bank (1) Aptitude (1) Aryavart Gramin Bank (1) Assistants (1) BOM (1) Bank Clerk (1) Bank job opening (1) Bank of India .Com (1) Bank officers exam (1) Baroda UP Gramin Bank (1) Books for IBPS Exam (1) Catholic Syrian Bank (1) Cauvery Kalpatharu Grameena Bank (1) Chaitanya Godavari Grameena Bank (1) Chartered Accountants (1) Clerical Exam Results (1) Clerk (1) Clerk Recruitment Exam (1) Common Bank Clerk Exam (1) Common Bank Exam (1) Common written examination (1) Computer Knowledge (1) Core Banking Solution (1) Credit Officer (1) Cricket (1) Data Entry Operator (1) Deccan Grameena Bank (1) Decccan Gramin Bank (1) Deputy General Manager (1) Exim bank (1) Experienced (1) Freshers (1) General Bank Officers (1) Gurgaon Gramin Bank (1) HDCCB (1) JDKGB (1) Jaipur Thar Gramin Bank (1) Jhabua-Dhar Kshetriya Gramin Bank (1) June 2011 (1) KCCB (1) KGSG bank (1) KVGB (1) Kabaddi (1) Kangra Central Cooperative Bank (1) Karnataka Bank (1) Karnataka Vikas Grameena Bank (1) Kashi Gomti Samyut Gramin Bank (1) LIC AAO (1) LVB (1) Latest Bank Jobs (1) Layout changes (1) MGB Gramin Bank (1) Maharashtra Gramin BanK (1) Manager (1) Manipal Academy (1) Marketing Aptitude (1) Marketing awareness (1) Marwar Ganganagar Bikaner Gramin Bank (1) Mental Ability (1) NAKGB (1) NIACL (1) NMGB (1) Nainital-Almora Kshetriya Gramin Bank (1) Narmada Malwa Gramin Bank Recruitment Jobs 2010 (1) National Insurance (1) Neelachal Gramya Bank (1) Old Question (1) PBGB (1) Pallavan Grama Bank (1) Poll Results (1) Pragathi Gramin Bank (1) Project Manager (1) Punjab Co-operative Bank (1) Punjab Gramin Bank (1) REPCO Bank (1) Reasoning (1) Recruitment project 2011 (1) Recruitmet (1) Risk Manager (1) Rural (1) SBI Descriptive paper (1) SBI Management Executives (1) SBI PO Recruitment 2011 (1) SBI PO Rural Recruitment 2010 (1) SBI Paper (1) SGB (1) SKGB (1) Samastipur Kshetriya Gramin Bank (1) Saptagiri Grameena Bank (1) Security Officer (1) Shreyas Gramin Bank (1) South Indian Bank (1) South Malabar Gramin Bank (1) Specialist IT Officers (1) TMB (1) UBI Recruitment Jobs (1) UBKGB (1) United Bank of India Recruitment 2010 (1) United India Insurance (1) Urban (1) Useful Links (1) Useful Websites (1) Uttar Banga Kshetriya Gramin Bank (1) VDCCB (1) Vananchal Gramin Bank (1) Visakhapatnam Cooperative Bank (1) Visveshvaraya Grameena Bank (1) WKGB (1) Wainganga Krishna Gramin Bank (1) bank exam books (1) bank of india 2010 jobs (1) banking (1) economics (1) happy new year 2016 (1) hyderabaddccb (1) latest Narmada Malwa Gramin Bank Recruitment jobs (1) merry christmas (1) po exam (1) recruits 200 Executive Interns (1) sports persons (1) technical officer (1)

  © Blogger templates Palm by 2008

Back to TOP