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Topic Production possibility frontier
Asked 2 times in CAPF over 2 years (2019–2021), peaking in 2019.
Key insights
- Most tested in CAPF — 2 of 2 PYQs
- Most asked in 2019
- Recurs across 2 years (2019–2021)
Across exams
CAPF · 2How the concept evolved
Rising — more than half its appearances (2 of 2) are since 2016.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CAPF2021
Which one of the following statements about production possibility frontier is not correct?
- A The production possibility frontier slopes downwards to the right as the resources are limited.
- B The different combinations of various goods and services given the available resources and technology are denoted by the production possibility frontier.
- C Any point on or inside the production possibility frontier is attainable under the existing technology and resources.
- D On the production possibility frontier, the output of one commodity can be increased without changing the output of another commodity. ✓
✓ Correct answer: (D)
Economy › Macroeconomics
CAPF2019
Which one of the following statements is true with regard to an economy which is on its production possibility frontier?
- A The economy has to sacrifice some production of one commodity in order to increase the production of another commodity ✓
- B There is no limit or constraint for the economy in the production of goods and services
- C The economy can produce more of one commodity up to a point without reducing the production of any other commodity
- D Its production possibility frontier is an upward sloping curve
✓ Correct answer: (A)
Economy › Macroeconomics
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