UGC NET Economics 2022 Question Paper & Answers
The official UGC NET Economics 2022 question papers, with the official answer key. Attempt as a real timed exam (with negative marking) or switch to practice mode for instant per-question answers and explanations.
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Official PYQ
UGC NET Economics 2022 (December 2022 cycle, Paper 2)
120 Mins 200 Marks
100Questions
200Max Marks
Sample questions from UGC NET Economics 2022 (December 2022 cycle, Paper 2)
1Which of the following is not true in case of Indifference curves?
- A) The Indifference curves are usually convex or bowed inward.
- B) Indifference curve for two goods that are perfect compliments is shaped as right angles.
- C) Indifference curve for two goods that are perfect substitutes is a downward sloping straight line.
- D) Indifference curve for two normal goods is a downward sloping straight line.
Answer: D
2Which one of the following is not true in case of producer's equilibrium?
- A)
- B)
- C)
- D)
Answer: D
3A game in which the gains or losses of one player or firm do not come at the expenses of or provide equal benefit to the other player or firm, is known as ____________.
- A) Zero - Sum game
- B) Non - Zero Sum game
- C) Mixed game
- D) Balanced game
Answer: B
4The condition of preferring a risky income to a certain income with the same expected value is refered as :
- A) Risk averse
- B) Risk loving
- C) Risk neutral
- D) Risk premium
Answer: B
5____________ arises when the firm can produce any combination of the two outputs more cheaply than could two independent firms that each produced a single output.
- A) Learner's curve
- B) Economies of scale
- C) Dis - economies of scale
- D) Economies of scope
Answer: D
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Official PYQ
UGC NET Economics 2022 (June 2022 cycle, Paper 2)
120 Mins 200 Marks
100Questions
200Max Marks
Sample questions from UGC NET Economics 2022 (June 2022 cycle, Paper 2)
1The change in welfare due to change in environmental quality is measured by
- A) Hedonic price function
- B) Marginal implicit function
- C) Marginal willingness to pay (MTP) function
- D) Offer function
Answer: A
2Pradhan Mantri Jan Dhan Yojana (PMJDY) has been a flagship programme of the Government of India
(A) Beneficiaries of this scheme are eligible for accident insurance cover of Rs. 1 lakh now
(B) PMJDY is helpful in inclusive development
(C) PMJDY beneficiaries should not be given other benefits like benefits under MUDRA scheme
(D) It is leading to women empowerment
(E) More than 45 crore people have benefitted so far under PMJDY
Choose the most appropriate answer from the options given below:
- A) (A), (B) and (C) only
- B) (B), (C) and (D) only
- C) (B), (D) and (E) only
- D) (A), (D) and (E) only
Answer: A
3Given below are two statements :
Statement I : Taking advantage of the increased demand for staples during the pandemic. India's agricultural exports continued to do well in
Statement II : Like in the year . segments like marine products. buffalo meat, tea, coffee and dairy products continued to perform poorly in terms of exports from India in
In the light of the above statements, choose the correct answer from the options given below:
- A) Both Statements I and Statement II are true
- B) Both Statement I and Statement II are false
- C) Statement I is false but Statement II is true
- D) Statement I is true but Statement II is false
Answer: A
4The "tequila effect" indicates :
- A) The spread of the Mexican crisis to other countries in Latin America
- B) The spread of the 1997 crisis in Thailand to other countries in Asia
- C) The suprime crisis emerged in 2007 in the United State
- D) None of the above
Answer: A
5Arrange the following in ascending order
(A) Growth rate of Gross National Income (at constant price) of India in
(B) Growth rate of Gross National Income (at constant price) of India in
(C) Growth rate of Gross National Income (at constant price) of India in
(D) Growth rate of Gross National Income (at constant price) of India in
(E) Growth rate of Gross National Income (at constant price) of India in
Choose the correct answer from the options given below:
- A) (E), (A), (D), (C), (B)
- B) (C), (E), (B), (D), (A)
- C) (E), (D), (C), (A), (B)
- D) (C), (D), (E), (B), (A)
Answer: C
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