Following are the questions and answers to the Higher Secondary School Teacher - Economics in Education Department conduct by Kerala Public Service Commission on 07.03.2017. We expect this will help the candidates who are preparing for the Higher Secondary School Teacher and other degree level  exams. The purpose of this section is just to support the candidates who prepare for Kerala PSC and other competitive exams. You can always refer this website from your mobile phone on the go or from your home PC.
HSST - ECONOMICS [SR for SC/ST]
[KERALA HIGHER SECONDARY EDUCATION DEPARTMENT]
Kerala PSC Fully Solved Question Paper 2017 for Practice | Exam held on 07.03.2017
PART - 4 | QUESTIONS : 61-80

61] The official call for a New International Economic Order was first originated by
[a] UN General Assembly in 1974
[b] UNIDO in 1975
[c] IMF in 1980
[d] UNCTAD in 1987

62] The degree of inequality is measured using
[a] Kuznet's inverted U curve
[b] Offer curve
[c] Lorenz curve
[d] Laffer curve

63] An index which combines a measure of income per head with measures of life expectancy and adult literacy
[a] HPI
[b] HDI
[c] PGI
[d] PQLI

64] 'Life sustenance, Self-esteem and freedom are the basic components or core values of development' is the concept originally introduced by
[a] Amartya Sen
[b] Arthur Lewis
[c] D Goulet
[d] Michael P Todaro

65] If the ratio of marginal product is the same at the capital to labour ratio and equal proportional amounts of the two factors are saved, then it is
[a] Labour Saving Technical Progress
[b] Capital Saving Technical Progress
[c] Neutral Technical Progress
[d] Inventive and Innovative Technical Progress

66] Who authored the book "Economic Development with Unlimited Supplies of Labour"?
[a] T.W. Schultz
[b] Mark Blaug
[c] John Fei and Gustav Ranis
[d] Arthur Lewis

67] The relationship between the growth of productivity and growth of industry is referred to as
[a] Verdoon's law
[b] Wagner's law
[c] Okun's law
[d] Law of variable proportions

68] The process of economic development is regarded as a 'Chain of Dis-equilibria' is associated with
[a] Ragnar Nurkse
[b] A.O. Hirshman
[c] P.N. Rosenstein Rodan
[d] H. Leibenstein

69] India's 3rd Five Year Plan is said to be based on
[a] Domar Model
[b] Feldman Model
[c] Ashok Rudra Model
[d] S. Chakravarthy Model

70] The synchronized allocation of available capital in every sectors to meet the target of economic development in UDCs, is the idea behind
[a] Big Push Theory
[b] Balanced Growth Strategy
[c] Unbalanced Growth Strategy
[d] Critical Minimum Effort Thesis

71] The only state where females outnumber males is
[a] Karnataka
[b] Kerala
[c] Tamilnadu
[d] Bihar

72] Economic reforms were started in India in
[a] 1991
[b] 1992
[c] 1993
[d] 1994

73] The second five year plan gave priority to
[a] Agriculture
[b] Heavy capital goods industries
[c] Services
[d] Tourism

74] HDI is related to measure
[a] Economic growth
[b] Economic development
[c] Underdevelopment
[d] Stationary State

75] Lorenz curve measures
[a] Economic equality
[b] Economic inequality
[c] Income inequality
[d] All of the above

76] According to the latest study "Kerala Migration Survey 2011" ________ lakhs Kerala emigrants are living abroad in 2011.
[a] 20.1
[b] 19.2
[c] 22.8
[d] 21.8

77] Of the total persons employed in the Kerala State Government how many percent are women?
[a] 32.5
[b] 33.7
[c] 37.2
[d] 38.57

78] National population policy of India was formulated in
[a] 2000
[b] 2001
[c] 1999
[d] 1998

79] The fiscal deficit of Rs. 7731 crores of Kerala in 2010-11 was financed mainly by
[a] Market borrowings and from PF and small savings
[b] Borrowings from LIC
[c] Issue of bonds
[d] None of the above

80] The Finance Commission of India is appointed once in every
[a] 2 years
[b] 4 years
[c] 10 years
[d] 5 years

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