Ugc Net/Set Economics Model Qns - Set 6

1) The utility of a commodity interms of 'less than' or 'more than' - Ordinal Utility
2) The Ordinal approach employs the device of ______ for the purpose of determination of consumer's equilibrium - Indefference Curves
3) An Indefference Curve shows combinations of basket which yield - Same level of satisfaction
4) Who is responsible for preparing Economic Survey in India - Department of Economic Affairs, Ministry of Finance
5) Comprise of all the returns to the firms in excess of the return of the marginal firm - Economic Rent
6) Who was written 'Tragedy of Commons' - Garrett Hardin
7) Who wrote the book 'Governing the Commons' - Elinor Ostrom
8) A line is drawn on the assumption that the consumer has given income which sets limits to his maximizing behavior - Budget line
9) What are the three agendas of NITI Aayog - 3 year action plan, 7 year strategy paper and 15 year vision document
10) Index of Industrial Production (IIP) is calculating and publishing by - CSO
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