# Uttar Pradesh PSC Exam: Economics MCQs (Practice_Test 54 of 122)

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- Consider the following statements:
- Quartile deviation is more instructive range as it discards the dispersion of extreme items
- Coefficient of quartile deviation cannot be used to compare the degree of variation in different distributions.
- there are 10 deciles for a series.

Which of the above statements is/are correct?

- 1,2 and 3
- 2 alone
- 3 alone
- 1 alone

- Which one of the following indices satisfies both time reversal and factor reversal tests?
- Laspeyres՚s index
- Fisher՚s index
- Paasche՚s index
- Kelly՚s index

- Given the following data-1,2, 3,4 and 100; the best measure of central tendency is the
- arithmetic mean
- median
- mode
- mode geometric mean

- If for a given data, mode = 5, median = 15 and mean = 20, it means that the sample data is
- skewed to the right
- skewed to the left
- symmetric
- neither symmetric not skewed

- Consider the following statements:
- correlation analysis helps in determining the relationship between two or more variables-it does not tell us anything about the cause and effect relationship
- the ratio of explained variation to the total variation is called the coefficient of correlation.
- Pearsonian coefficient always assumes linear relationship and is unduly affected by the extreme items.

Which of the above statements is/are correct?

- 2 alone
- 1 and 2
- 1 and 3
- 2 and 3

- The right-hand tail of a frequency distribution is found to the mirror image of the left-hand tail. The distribution is
- positively skewed
- negatively skewed
- asymmetric
- symmetric

- From the cumulative frequency diagram which one of the following types of average can be estimated?
- Geometric Mean
- Harmonic Mean
- Median
- Mode

- During one year the ration of prices of two commodities is 3, whereas during the next year it is 2. For averaging these rations.
- arithmetic mean is most appropriate
- harmonic mean is most appropriate
- geometric mean is most appropriate
- All the three, arithmetic, harmonic and geometric means are equally appropriate

- Consider the following statements:
- Median is not useful while dealing with skewed distribution such as income distribution or price distribution.
- Median can be determined graphically by drawing only one give.
- Mode can be used to describe qualitative phenomenon.

Which of the above statement are correct?

- 1 and 2
- 1 and 3
- 2 and 3
- 1,2 and 3

- What was the broad contribution of the tertiary sector to the national Income of India in 2000 − 2001?
- 30 per cent
- 20 per cent
- 50 per cent
- 25 per cent

- Match List I (Savings in 1999 − 2000) with List II (Per cent of GDP) and select the correct answer:
List-I List-II - Saving of household sector
- Savings of corporate sector
- Savings of public sector
- total savings

- 1.22. 3 %
- 19.8 %
- 3.7 %
- 1.2 %

- A
- B
- C
- D

- 4
- 3
- 2
- 1

- 2
- 1
- 4
- 3

- 4
- 1
- 2
- 3

- 2
- 3
- 4
- 1

- Assuming an industrial growth rate of 6 per cent per year in India, what is its contribution to the country՚s GDP growth with a 25 per cent contribution of the industrial sector to GDP?
- 3 per cent
- 2.5 per cent
- 2 per cent
- 1.5 per cent

- The decadal population growth rate in India during 1991 − 2001 was about
- 19 per cent
- 21 per cent
- 24 per cent
- 25 per cent

- The fourth Five-year Plan
- First annual Plan
- First Annual Plan
- Plan holiday of three years following the Third Five-year Plan
- India-China War in 1962

- Which one of the following s NOT correctly matched?
- Rural credit
- NABARD

- Industrial finance
- SIDBI

- Rural poverty
- SJSRY

- Disguised unemployment
- Subsistence agriculture