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PART - 2 SECTION -
A
ECONOMIC THEORY
(answer any two questions)
Q. 2 (a) "Loans create
deposits." Explain with reference to the functioning of commercial
banks. (10 marks)
Q. 2(b) What are the difficulties involved in
the measurement of national income of a backward economy? (10
marks)
Q.3(a) What are the functions of a
central Bank? (10 marks)
Q.3(b) Does an increase in National
income necessarily lead to an increase in economic welfare ? Give
reasons for your answer. (10 marks)
Q4(a) What are the essential requirements
of a good tax system ?
(10 marks)
Q4(b)Explain the use of fiscal policy in
controlling inflationary and deflationary situations. (10 marks)
Q5(a)Critically examine the theory of
comparative costs. (10 marks)
Q5(b) Discuss
the basic characteristics of an under developed economy ? (10
marks)
SECTION
B
(INDIAN ECONOMICS)
ANSWER ANY TWO
QUESTIONS
Q6(a). Discuss the
causes of inequality of income in India ? (10 marks)
Q6(b). What steps have been taken
by the Govt. in recent years to solve the problem of
unemployment in the Indian economy (10 marks)
Q7(a). What are the major causes of
industrial disputes in India ?(10 marks)
Q7(b). What are the features of Indian
money market ? (10 marks)
Q8(a). Why does a farmer need credit
in India ? What are the institutional sources of credit available to
him ?(10 marks)
Q8(b). Discuss the need for planing in
India .(10 marks)
Q9. Write notes on any two of the
following :- (20 marks)
(a). Population and economic development
.
(b). Functions of
the International Monetary Funds.
(c).The role
of the Reserve Bank of India as a credit controller.
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