Wednesday, April 26, 2017

Dibrugarh University (BA - 2nd Semester) Question Papers - Economics General (May'2012)

2012
(May)
ECONOMICS
(General)
Course: 201
(Macroeconomics)
Full Marks: 80
Pass Marks: 32
Time: 3 hours
The figures in the margin indicate full marks for the questions

1. Choose the correct answer/Fill in the blanks: 1x8=8
  1. Net National Product (NNP) is
  1. GNP + Depreciation.
  2. GNP – Depreciation.
  3. GNP – Indirect Business Tax.
  4. GNP – Dividend + Subsidy.
  1. During inflation, price level ____.
(Falls/rises/remains constant)
  1. Which of the following index number is called ‘the ideal index number’?
  1. Laspeyer’s index number.
  2. Paasches’ index number.
  3. Fisher’s index number.
  4. Kelly’s index number.
  1. Marginal propensity to consume is
  1. Which of the following banks is termed as ‘the lender of the last resort’?
  1. Commercial Bank.
  2. Central Cooperative Bank.
  3. Central Bank.
  4. Regional Rural Bank.
  1. In India, the Regional Rural Banks were established in ____.
(1925/1968/1975/1948)
  1. The absolute advantage theory of International Trade was propounded by
  1. J. B. Say.
  2. J. S. Mill.
  3. David Ricardo.
  4. Adam Smith.
  1. The cash transaction approach to quantity theory of money was given by
  1. Keynes.
  2. Marshall.
  3. Robertson.
  4. Fisher.
2. Write short notes on any four (within 150 words each): 4x4=16
  1. Say’s law of market.
  2. Demand-pull and cost-pull inflation.
  3. Characteristics of macroeconomics.
  4. Open market operations.
  5. Purchasing power parity theory.
Answer the following questions (within 500 words each):
3. (a) What is National Income? What are the difficulties of estimating national income? Discuss briefly how national income statistics help in formulating plan, and policy making in a country. 2+5+5=12
Or
(b) Explain the meaning with example of the following concepts: 3x4=12
  1. Gross National Product.
  2. Net National Product.
  3. National Income.
  4. Disposable Personal Income.
4. (a) Define money. Discuss the significance of money in modern economy. 3+8=11
Or
(b) Explain critically the cash transactions approach to the quantity theory of money. 11
5. (a) Explain the process of credit creation by the commercial banks. 11
Or
(b) State two differences between Central Bank and Commercial Bank. Explain the functions of the central bank. 2+9=11
6. (a) Illustrate diagrammatically the conceit of consumption function. Distinguish between average propensity to consume and marginal propensity to consume. 5+6=11
Or
(b) Discuss the Keynesian theory of employment. What are its drawbacks? 8+3=11
7. (a) Explain with example the comparative advantage theory of International Trade. State its limitations.      9+2=11
Or
(b) Distinguish between the Balance of Payments and Balance of Trade. Examine the measures for correcting disequilibrium in the Balance of Payments. 4+7=11

Labels

Absorption Costing (1) Accountancy (4) accounting for partnership firms (3) Accounting for Share Capital (3) accounts of non trading concern (3) advanced financial accounting (14) AHSEC (108) ahsec 11 (47) ahsec 12 (60) ahsec notes (104) AHSEC Question Papers (33) Assam Slet (10) bcfm (11) bills of exchange (6) branch accounting (3) Budgetary Control (3) Budgetary Control Notes (2) business communication (28) Business Environment Notes (12) business regulatory framewrok (49) Business Statistics Notes (25) cash flow statement (5) cbse 12 (19) cbse notes (27) commerce (13) company law (23) corporate accounting (33) corporate laws (14) cost accounting (63) cost and management accounting (34) cpt (36) cpt 200 (7) cpt notes (30) dibrugarh university (1113) dibrugarh university notes (597) dibrugarh university question paper (454) dibrugarh university solved papers (225) dibrugarh university syllabus (47) direct tax law (49) eco - 01 (4) ECO - 02 (2) ECO - 03 (2) ECO - 05 (6) ECO - 06 (1) ECO - 07 (1) eco - 08 (4) eco - 09 (1) ECO - 10 (2) ECO - 11 (3) ECO - 12 (7) ECO - 13 (2) ECO - 14 (4) entrepreneurship (14) fianancial accounting (3) financial accounting (48) Financial Accounting Notes (15) financial management (18) Financial statements analysis (14) funds flow statement (3) guwahati university (289) guwahati university syllabus (52) Hire Purchase (5) Human Resource Management (11) icwai (38) icwai notes (39) ignou solved assignments (83) ignou solved question papers (121) income from house property (5) income from salary (4) Income Under the head Salaries (11) information technology (10) Installment Purchase (4) issue of shares (4) kkhsou (13) M.com (62) Management Accounting Notes (31) MCQ (11) paper I (1) paper II (9) paper III (1) principle of business mangement (16) Principles of Marketing Notes (16) royalty accounts (3) sale of goods act (8) semester I (151) Semester II (154) semester III (81) semester IV (149) semester V (111) semester VI (91) slet (13) Slet Ne (10) Small Business Management (7) solved assignments (22) UGC - NET: Commerce (08) (14) UGC - NET: Commerce (08) Paper II (3) UGC - NET: Commerce (08) Paper III (14) ugcnet solved question papers (23) Variance Analysis Notes (1)