Answer: A grant whose amount is not dependent on any matching effort of the recipient.

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Questions

1
Lump sum grant means :

Answer: A grant whose amount is not dependent on any matching effort of the recipient.

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3
Which one of the following denotes the power of the Test ? [α is probability of Type I error and β is probability of Type II error]

Answer:1 – β

4
In a frequency distribution the standard deviation of which is 15.8, the value of median is more than mean by 4, what will be its coefficient of skewness ?

Answer:– 0.76

5
In a frequency distribution if each item is multiplied by 5, the coefficient of variation will remain

Answer:unchanged

8
Who among the following economists developed the concept of ‘Barriers to Entry’ of firms ?

Answer:J.S. Bain

9
Even as fixed average cost continues to fall, the average variable cost begins to rise because

Answer:producers budget starts shrinking

10
Which among the following is not a characteristic of Imperfect Competition ?

Answer:Perfect knowledge

11
Which among the following were neglected by Keynes in his theory of employment ?

Answer:Role of capital stock

12
The theoretical proposition of stable velocity of money is being weakened by the recent researchers. This has the effect of weakening the position of

Answer:Monetarists

13
Which of the following is the correct assumption for the Lewis two sector model ?

Answer:Surplus labour in the rural sector

14
Which of the following is a major indivisibility of Rosenstein-Rodan Model of development ?

Answer:Supply

15
Which among the following statement is true for Marxian model of development ?

Answer:Change in Mode of production precedes the change in Relations in production.

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