UGC NET Paper 2 Question Paper Shift 1 (March 02, 2023); Download PDF

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UGC NET 2023 exam for Economics was conducted on March 2, 2023 (Shift 1) with a total of 100 questions. The exam assessed candidates on various topics related to microeconomics, macroeconomics, international trade, public economics, and development economics. It was designed to evaluate the research and teaching aptitude of aspiring lecturers and researchers in the field of economics.

Free

UGC NET 2022 Paper 2 Economics Prev Year Paper (02-Mar-2023) (Shift 1)

120 Minutes

100 Questions

200 Marks

English

Showing 1 - 5 of 100 questions

Page 1 of 20

Q1.

Which of the following is not true in case of Indifference curves?

The Indifference curves are usually convex or bowed inward.

Indifference curve for two goods that are perfect compliments is shaped as right angles.

Indifference curve for two goods that are perfect substitutes is a downward sloping straight line.

Indifference curve for two normal goods is a downward sloping straight line.

Q2.

Which one of the following is not true in case of producer's equilibrium?

\(\frac{MP_L}{MP_K} = \frac{w}{r}\)

\(MRTS_{LK} = \frac{MP_L}{MP_K} = \frac{w}{r}\)

\(\frac{MP_L}{w} = \frac{MP_K}{r}\)

\(MRTS_{LK}=\frac{r}{w}\)

Q3.

A 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 ____________.

Zero - Sum game

Non - Zero Sum game

Mixed game

Balanced game

Q4.

The condition of preferring a risky income to a certain income with the same expected value is refered as :

Risk averse

Risk loving

Risk neutral

Risk premium

Q5.

____________ 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.

Learner's curve

Economies of scale

Dis - economies of scale

Economies of scope

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