Higher Secondary School Teacher (Junior) Economics
Kerala Higher Secondary Education
Exam Held on 22-01-2018
Kerala PSC Solved Paper | Year: 2018
1. Which one is not related to Swadeshabhimani K Ramakrishnapillai?
[A] Kerala Pathrika
[B] Keralan
[C] Sarada
[D] Deshabhimani
Correct Answer: [D]
2. Former wrestling star Battulga Khaltmaa has won the Presidential election of _____ .
[A] Philippines
[B] Mangolia
[C] Indonesia
[D] Thailand
Correct Answer: [B]
3. ________ has been described India's first world heritage city.
[A] Ahmedabad
[B] Mysore
[C] Delhi
[D] Jaipur
Correct Answer: [A]
[A] Misra Vivaham
[B] Eradication of superstition
[C] Negation of religion
[D] Misrabhojanam
Correct Answer: [D]
5. Who started the Malayalam newspaper "Paschima Tharaka" ?
[A] Devji Bheemji
[B] Benjamin Baili
[C] Herman Gundert
[D] Kandathil Vargeese Mappila
Correct Answer: [A]
[A] Chandra Mukhee Vilasam
[B] Subadrarjanam
[C] Keraleeya Bhasha Shakunthalam
[D] Sadaraama
Correct Answer: [C]
[A] Khyber pass
[B] Shipkhila pass
[C] Nathoola pass
[D] Bara Lacha pass
Correct Answer: [A]
[A] Lithuania
[B] Norway
[C] Denmark
[D] Latvia
Correct Answer: [B]
[A] Manipur
[B] Mizoram
[C] Maharashtra
[D] Meghalaya
Correct Answer: [C]
[A] Marthandavarma
[B] GowriLakshmi Bhai
[C] Swathi Thirunal
[D] Dharma Raja
Correct Answer: [C]
[A] charts
[B] models
[C] multimedia
[D] graphic aids
Correct Answer: [C]
[A] develops interest towards learning
[B] teacher directs students in learning
[C] make the students learn by doing
[D] make the students involved in observation
Correct Answer: [C]
[A] internet
[B] e-learning
[C] website
[D] e-mail
Correct Answer: [B]
[A] theories
[B] practicals
[C] audio-visual aids
[D] assignments
Correct Answer: [C]
[A] motivation
[B] reinforcement
[C] feedback
[D] retention
Correct Answer: [B]
[A] inventories
[B] achievement tests
[C] awareness tests
[D] skill tests
Correct Answer: [D]
[A] case study
[B] panel study
[C] trend study
[D] cohort study
Correct Answer: [A]
[A] activity method
[B] heuristic method
[C] historical method
[D] problem solving method
Correct Answer: [D]
[A] parallel group design
[B] factorial design
[C] case study design
[D] counter balanced design
Correct Answer: [B]
[A] histogram
[B] pie diagram
[C] ogive
[D] frequency polyon
Correct Answer: [B]
[A] 1948
[B] 1949
[C] 1950
[D] 1951
Correct Answer: [C]
[A] 226
[B] 300
[C] 360
[D] 370
Correct Answer: [A]
[A] Land Revenue
[B] GST
[C] Sales Tax
[D] Tax on Local Fairs
Correct Answer: [D]
[A] Parliament
[B] Supreme Court
[C] President
[D] High Court
Correct Answer: [B]
[A] 280
[B] 300
[C] 311
[D] 315
Correct Answer: [D]
[A] March 22
[B] March 28
[C] April 22
[D] April 28
Correct Answer: [C]
[A] Jan 2000
[B] May 2000
[C] July 2000
[D] Dec 2000
Correct Answer: [D]
[A] Edward O Wilson
[B] Rachel Carson
[C] Peter Matthiessen
[D] Graham Matthews
Correct Answer: [A]
[A] Agmark
[B] Pugmark
[C] Claw mark
[D] FPO mark
Correct Answer: [B]
[A] 2006
[B] 2008
[C] 2010
[D] 2012
Correct Answer: [A]
[A] R.M. Solow
[B] Dusenberry
[C] N. Kaldor
[D] Harrod
Correct Answer: [C]
[A] Elasticity of demand is unity at all points.
[B] Elasticity of demand is constant at all points.
[C] Elasticity increases as one slides down the demand curve.
[D] Elasticity declines as one slides down the demand curve.
Correct Answer: [D]
[A] An act of devaluation
[B] Not covering a risk of foreign exchange in future
[C] Covering a risk of foreign exchange in future
[D] None of the above
Correct Answer: [C]
[A] Merchandise Export from India Scheme
[B] Export from India Scheme
[C] Merchandise Trade from India Scheme
[D] Trade from India Scheme
Correct Answer: [A]
[D] 9th Five Year Plan
[B] 10th Five Year Plan
[C] 11th Five Year Plan
[D] 12th Five Year Plan
Correct Answer: [C]
[A] Reject Null-hypothesis when it is false
[B] Reject Null-hypothesis when it is true
[C] Accept Null-hypothesis when it is true
[D] Accept Null-hypothesis when it is false
Correct Answer: [A]
[A] Job security
[B] Minimum wage
[C]Labour market flexibility
[D] Employment insurance
Correct Answer: [C]
[A] Dr. C Rangarajan
[B] Dr. Montek Singh Ahluwalia
[C] Dr. Amartya Sen
[D] Dr. Manmohan Singh
Correct Answer: [D]
[A] Taxes and inflation
[B] Inflation and unemployment
[C] Money Supply and aggregate demand
[D] Price and cost of production
Correct Answer: [B]
[A] C=a+bY
[B] C=a+b/Y
[C] C=bY
[D] C=bY2
Correct Answer: [C]
[A] Saving function
[B] Demand Function
[C] Supply function
[D] Consumption function
Correct Answer: [A]
[A] Efficiency
[B] Pareto efficiency
[C] Property efficiency
[D] Accuracy
Correct Answer: [B]
[A] MRPT
[B] MRPS
[C] Negative productivity
[D] disinvestment
Correct Answer: [A]
[A] DOLEX
[B] UREX
[C] FOREX
[D] SENSEX
Correct Answer: [C]
[A] Samuelson
[B] Paul Sweezy
[C] Mahalanobis
[D] Marshall
Correct Answer: [B]
[A] Duopoly
[B] bilateral monopoly
[C] monopsony
[D] oligopoly
Correct Answer: [B]
[A] fixed outlay
[B] entire outlay
[C] price
[D] none of the above
Correct Answer: [A]
[A] Bain
[B] Cyert and March
[C] Modigliani
[D] Karl Marx
Correct Answer: [B]
[A] bullion market
[B] market of government securities
[C] market of guns
[D] market of pure metals
Correct Answer: [B]
[A] cost-function
[B] price-function
[C] demand function
[D] supply function
Correct Answer: [A]
[A] Level of taxes
[B] Level of aggregate demand
[C] Price level
[D] Level of aggregate supply
Correct Answer: [B]
[A] shifts the saving function upward
[B] decreases consumption expenditure
[C] increases saving
[D] shifts the consumption function upward
Correct Answer: [D]
[A] 1.0
[B] 0.4
[C] 0.6
[D] not determinable
Correct Answer: [B]
[A] the saving function also become steeper
[B] the MPC falls
[C] the MPC rises
[D] loss of every dollar is consumed
Correct Answer: [C]
[A] Consumption efficient
[B] Production efficient
[C] Economic efficient
[D] None of the above
Correct Answer: [A]
[A] inferior good
[B] consumption good
[C] durable good
[D] non-durable good
Correct Answer: [A]
[A] substitution effect
[B] income effect
[C] price effect
[D] none of the above
Correct Answer: [B]
[A] Kinked curve
[B] Engel curve
[C] Demand curve
[D] None of the above
Correct Answer: [B]
[A] cartel
[B] giffen good
[C] price leadership
[D] price taker
Correct Answer: [C]
[A] Peak-load pricing
[B] peak-load effect
[C] peak-load consumption
[D] none of the above
Correct Answer: [A]
[A] labour discrimination
[B] Labour paid wage less than MRP
[C] MP theory of wage fails to determine market outcomes
[D] Equality of wages of different types of labour
Which of the above is incorrect ?
Correct Answer: [D]
[A] 1 hectare
[B] 2 hectares
[C] 3 hectares
[D] 4 hectares
Correct Answer: [A]
[A] Gender Development Index
[B] Gender Empowerment Measure
[C] Gender Budgeting
[D] Gender discrimination
Correct Answer: [D]
[A] once in five years
[B] every year
[C] once in ten years
[D] twice
Correct Answer: [A]
[A] real price
[B] reservation price
[C] marginal price
[D] absolute price
Correct Answer: [B]
[A] transactions in the share market
[B] transactions in the money market
[C] transactions in the commodity market
[D] transactions in the foreign exchange market
Correct Answer: [D]
67. The discriminating monopolist will charge a higher price in the market in which the price elasticity of :
[A] demand is smaller
[B] supply is smaller
[C] demand is greater
[D] supply is greater
Correct Answer: [A]
[A] strategic model
[B] stackelberg model
[C] suspense model
[D] duopoly
Correct Answer: [B]
[A] fixed cost
[B] sunk cost
[C] variable cost
[D] real cost
Correct Answer: [B]
[A] first degree price discrimination
[B] second degree price discrimination
[C] third degree price discrimination
[D] none of the above
Correct Answer: [C]
[A] Oligopoly
[B] Monopsony
[C] Duopoly
[D] Cartel
Correct Answer: [A]
[A] surplus budget
[B] balanced budget
[C] unbalanced budget
[D] none of these
Correct Answer: [B]
[A] 1995
[B] 1998
[C] 2000
[D] 1996
Correct Answer: [A]
[A] disinvestment
[B] equity share
[C] profit
[D] dividend
Correct Answer: [A]
[A] Import duties
[B] Export duties
[C] Tariffs
[D] Quota
Correct Answer: [B]
[A] Human physiology
[B] Human ecology
[C] Human environment
[D] None of these
Correct Answer: [A]
[A] Real GDP per capita
[B] Real GDP
[C] Real GDP population
[D] Real GDP plus depreciation
Correct Answer: [A]
[A] Income inequality
[B] Inflation
[C] Unemployment
[D] Economic growth
Correct Answer: [A]
[A] 1925
[B] 1935
[C] 1915
[D] none of these
Correct Answer: [A]
[A] Reverse migration
[B] Under urbanization
[C] Suburbanisation
[D] Over-urbanisation
Correct Answer: [C]
[A] Prostitution and human trafficking
[B] Civil wars and refugee flows
[C] Trade and development
[D] All the options given above are correct
Correct Answer: [D]
[A] expansion
[B] peak
[C] recession
[D] depression
Correct Answer: [A]
[A] Frictional unemployment
[B] Cyclical unemployment
[C] Structural unemployment
[D] Turnover
Correct Answer: [A]
[A] Workers with COLAs
[B] people who own treasury Bills
[C] the middle class
[D] people who own homes and have fixed rate martgages
Correct Answer: [B]
[A] defense
[B] education
[C] Social security
[D] Welfare
Correct Answer: [C]
[A] the federal budget deficit and the trade deficit
[B] savings and investment
[C] the unemployment rate and the inflation rate
[D] marginal taxes rates and tax revenues
Correct Answer: [C]
[A] vertical
[B] horizontal
[C] downward sloping
[D] upward-sloping
Correct Answer: [B]
[A] M.N. Srinivas
[B] K.M. Kapadia
[C] S.C. Dube
[D] None of these
Correct Answer: [A]
[A] George Simmel
[B] Durkheim
[C] Tonnies
[D] None of these
Correct Answer: [C]
[A] It refers to the disproportionate share of housework done by women
[B] It dates to the 17th century
[C] It is rooted in gendered conceptions of the distinction between public and private life
[D] All of the options given above are correct
Correct Answer: [D]
[A] It is based on gender-structured conceptions of appropriate work
[B] It has led to an increase in women's consumption worldwide.
[C] It negates the 'double burden'
[D] none of the answers given are correct
Correct Answer: [A]
[A] It has created new areas of women's advancement
[B] It has led to new challenges and dangers for women
[C] It has not changed the fundamental inequality of gender-relationships in the world enough
[D] All of the opyions give above are correct
Correct Answer: [D]
[A] Louis Wirth
[B] E. Burgess
[C] M.N. Srinivas
[D] M.S.A. Rao
Correct Answer: [B]
[A] Maturity
[B] Profitability
[C] Abandonment
[D] Regeneration
Correct Answer: [A]
[A] Age discrimination
[B] Opportunity cost
[B] Globalisation of supply
[D] the balanced scorecard
Correct Answer: [A]
[A] Monopoly
[B] Price discrimination
[C] Duopoly
[D] Perfect competition
Correct Answer: [C]
[A] from direct and indirect taxes
[B] from money invested by shareholders
[C] from donations made by the public
[D] from sales in overseas markets
Correct Answer: [A]
[A] the economy's output per unit labour is below its steady-state value
[B] the economy's unemployment rate is too high
[C] the economy's steady state is not at the golden-rule steady-state
[D] none of the answers are correct
Correct Answer: [A]
[A] increase the capital per unit effective labour ratio
[B] replace capital that has depreciate
[C] equip new units of effective workers at the same capital per unit effective labour ratio
[D] all of the above
Correct Answer: [D]
[A] Internal environment
[B] Market environment
[C] Historical environment
[D] Macro environment
Correct Answer: [D]
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