FYURLS- Sem -L Bub - Economic ECONOMIC SET 1 Dalt — 13] 66/20e7 MCQS 1 ---- Market is the most volatile market. __arsrx gr wafa afta are ag a. Money market / amr arnt b. Call money Market / ata at arte c. ‘Commercial paper market / aravarfrs tat ant d. Treasury Bill Market / aa ffa arte 2. Money market is a market for /art amie @ ara storerdét are? a. Short term funds / serarctta fret b. Medium term funds / Heam qedte fret Long term funds / atefarette fret d. Medium term and long term funds / seam qadt arf arate 3 Capital Market is regulated by ------- | aisaet arse gr friftea at ot a. RBI / are.at.art b. SEBI/ at c. Money market / art arsirz d. IRDA/ IRDA 4 ‘Rajiv Awas Yojan’ was announced by the Government to have a --------- (usta arava asa sear soreaTSt aT eft art? a. Slum free India/ atrevdt ar art i BC33584B094892E4D8548607F3915F1Db. c. Poverty free India / aft aret Unemployment free India / 7s aE ATT d. | Inequality free India / fasaat ach area The rural India has more than of the total population. / aft 65% Balance of payment always - Equals/ aaa aad Balances / freerm sat Surplus / aférsrr Deficit/ q --- in the Capital Current account deficitis balanced by a --- 9 Deficit / Ye Surplus / afearr No change / #1ét aa atét Equal / 741 Market information reduces exploitation of / arsrerdtat sista ae ee a. Farmers / staat RC23SR4ARNOAROIFADRSARKOTFIOISEID*b. Traders / =arart c. Wholesalers / ars faaat d. middleman / weqer Which of the followingis related to Microeconomics? sane are yer seterrenrelt aafirr are? a) The size of national economy / wftt aferrerar arere b) Inflation / wenn c) ‘Unemployment ats d) Behaviour of individual economic units aaftee anf warntt ada 10 Which among the followingis related to the demand curve? aretrertht stort ane aaeft daft ad? a) Relation between quantity demanded and price of a commodity anmft sere vant anftr aeqdt Phra aivardir deter b) Relation between supply and demand of a commodity aeqaT ger aftr anit aieartia aaa c) Relation between income of customer and demand of commodity areata sera aftr aeqet anit ateardtr dae d) None of the above aétrdsit arétét art 11 Which of the following is not a factor affecting the supply of a commodity? areata arrat wen aeqear yxasarat qo act aret? a) Price of commodity at fire b) Change of technology of production seqreq dasa sea c) Change of input prices saqe fadtaet aaa BC33584B094892E4D85A8607F391SF 1Dd) Income of customers areata sere 12 Which among the following is an example of substitution goods? aretattt arora sfaearra aeq sarecr ame? a) Milkand Coffee qm arftr at&t b) Pen and Paper 44 aft ama c) Inkand Pen eng aft t+ d) Tea and coffee war arfar ait 13° Which among the followings related to utility? areftert4t ara srqwast aaifis ae? a) Satisfaction and wants amram arfir sear b) Necessity and wants ae aftr sear c) Usefulness and need saqrrat atftr aor d) None of the above aéaitt arétat argt 14 Whatis Market equilibrium? arse aydte rest Fa? a) Quantity demanded greater than quantity supplied yaar ae MATa Ted arora APT eft ett b) Quantity demanded less than quantity supplied qaat 4eeaT waa at arreft aetet waver ¢) Quantity demanded equal to quantity supplied yaar #earat ATTA ATT Rae TANT d) Quantity demanded is same as quantity produced urmft ert FATT Sea HAT VATS ae 15 Which one out of the following is correct for marginal cost? frate waters arftertht sort ata ae BC33584B094892E4D8SA8607F3915FIDa) Increase in cost due to change in price fradhttt aaarae wate are b) | Increase in cost due to high demand sieq anritqe aatat ae \ c) Increase in cost due to increase in extra unit of output sora afefe aftenet are arearq’ wala ae d) None of the above attetét #toravét arét 16 Which sector is the largest source of employment in India? arcadia terrerat wate ater alt Hat ae? a) Manufacturing Zest b) Agriculture st c) Services aat d) Tourism wea 17 Who maintains official exchange rate in India? areardtat afapa faftaa ax ator wad? a) RBI/ a.atare b) SEBI/ at c) Department of finance / faa faart d) None of the above aétertt aroraét art 18 Which of the following are part of Gross National Product (GNP)? wrefteratt atoret aeneat usty seared (GNP) AT APT area? a) Imports sata b) Exports frafa c) Money earned by resident abroad veaerdtar cfearartft warreret a d) All the above ata ad RC2125R4RNO4ROPEADRSA R607F3915FID19 What does free market in an economy imply? #feraeaa 4 are Est FTA? a) Minimum government intervention in trade and maximum regulations samara fora acer geaara anftr sare faa b) Maximum government intervention in trade and maximum regulations @arad sredta set acarét eeaare anftt ara ae c) Minimum government intervention in trade and minimum regulations =raree frat aearet gece saftr Prara fet d) Maximum government intervention in trade and maximum regulations ara sede set acardt gecaa arfoy sare fer 20 Which organization calculates GDP in India? azardta SST wor srortt deat Hed? a) cso b) NSSO c) Department of Economic Affairs / arfia erage faarr d) Iso BC33584B094892E4D85A8607F3915F1D_x ECONOMICS SET 1 DESCRIPTIVE TYPE QUESTIONS QL. Distinguish between Positive and normative economics { t \ 2 Bxplain the Law of Demand with suitable diagram. 3 What are the different types of elasticity of demand? 2 + Diagrammatically expiain how price is determined using demand and supply curves, jo 00. 2 S Explain the features of Monopoly market structure. ain the Sallent Features of Indian economy . ? What are the reasons attributed to !ow agricult ral production ana productivity in India? ? aina few features of New Industral Policy 1991 S Expiain the features of Indian Capital Market. riteanote WTO. WTO22\03| 2.023 Fubls- TS Reauler ‘Time: 2 % Hours ‘Total Marks: 75 Paper / Subject Code: 75907 / Econoi Q.1 Answer the following questions in two sentences (Any Six) 2 a) What is Normative Economics? ») State two Acts made by Government of India to remove poverty. ©} State the difference between Stock and Supply. ) What does public expenditure mean?” ©) Define public sector 1) Write any two functions of Niti Ayog 2) Define Green Revolution. ‘b) Write two examples of direct taxes, Q.2 Write short notes (Any Two) 12 8) Distinguish between micro and macro economaes. b) Income elasticity of demand ©) Features of monopoly a) W.1.0 Q.3 Attempt Any Two of the following: R ) Liberal policy is helpful to improve Indian agricultural condition, Discuss. ) Importance of various Laws in connection with population control in India, ©) State any three problems faced by small scale Industries during Corona Pandemic. ¢) State any three features of India's Foreign Trade. Q-4 Answer the following in detail. (Any Three) 39 4) Explain the Law of demand with assumptions and exceptions 'b) Explain the Economic features of Indian Economy ©) Explain the Relevance of Economies to Law. 4) What is Balance of Payment? Explain the causes of adverse balance of payments ¢) Distinguish between Public sector, Private Sector, and Joint Sector, Explain problems: of Smalll Seate Industry. 22141 Page 1 of 2 4003391 4F4CE9807385761DA39B0044Distinguish between micro and macro economies’ Explain fixed exchange rate, Causes of low productivity. Explain progressive and propotional tax. Explain direct demand, Explain internal debt. What is composite demand ? Factors influencing taxation. Explain durable goods. Explain short, medium and long term.Paper / Subject Code: 75902 / Economies [Time: 3 Hours} | Marks:100] Please check whether you have got the right question paper. N.B: 1. Figures to the right indicate full marks. 2. Draw neat diagrams and schedules where necessary. QI. Answer the following in brief. 2) Define Micro Economies. b). Give any two features of monopoly competi ©) Define public sector 4d) What do you mean by relatively inelastic demand? €) Define direct tax. 1) What is selling cost? g) Where is the headquarter of WTO? h) Define Positive Econemics. i) Give any two characteristics of eapital i) What is meant by balance of payment? Q2. Give short explanatory notes on any four of the following. a) Write a note on SEBI b) Explain the law of supply. ¢) Features of Macro Economics. d) Importance of Small Scale Industries, ¢) What are the causes of poverty in India? 1) Types of price elasticity of demand. QB_ Answer the following. (Any 2) Q4. Answer the following in de’ 63483 a) Given TFC as Rs. 200/-. Find out TVC, AVC, AFC, TC from the following information. {Units of Ourput T paar | Nees 6 [30 | 20 [ 20 | 40 | 30 | 80 Marginal Cost b) Explain the structural changes in India’s foreign trade since nineties ©) State and explain features of Indian Capital Market (Any 4) a) Explain the Ricardian theory of rent. b) Discuss the features of Indian Economy €)_ Discuss the causes of population Growth in India. d) Explain the Relevance of Economics to Law. ¢) What is meant by agricultural productivity? Explain the remedies to improve agricultural productivity in India. 1) Analyse the New industrial policy 1991. Page t of 3 I7S4C12DE 14C02013BFE6862E3F3B975 SEM Lb Pe Fobus qo0l4-2020 20) 20) (12) (48)m go0l4- 4020 Paper / Subject Code: 75902 / Economies na [Time: 3 Hours} [ Marks:100] Please check whether you have got the right question paper. N.B: 1, Figures to the right indicate full marks, 2, Draw neat diagrams and schedules where necessary QI Answer the following in brief. 20) a) State two drawback of wealth definition of Economics defined by Adam smith. b) Write two arguments against “Economies is science” ©) What is Normative Economies? Give an example. ) What is social cost? ©) Write two features of Labour, 1) What is density of population? 2) State two causes of low per capital income in India, h) State difference between small scale industry and cottage industry. i) What is Direct Tax and Indirect Tax? i) What is Money Market? Give an examples QZ Write short notes. (Any 4) 20) a) Short term market and long term market. b) Marginal Productivity Theory of Wages. ©) Features of Monopoly Market. 4) Trends in Indian Foreign Trade after Independence. e) Balance of Payment. ) WTO. Q3. Answer the following, (Any 2) (12 a) Comment on poverty eradication programs in India b) Suggest the measures to improve the agriculture productivity in India. ©) Given TFC 200, Find out TVC, TC, AFC, AVC and AC. Units of Output |_1 2 3 4 5 6 MC 50 80 100 100 80 Q4 Answer the following in details. (Any 4) (48) 63484 a) Write the features of Law. Explain the relevance of Economies to Law. b) State and explain the various kinds of price elasticity of demand. ©) State the factors determining real wages. Why do entrepreneurs earn profit? Discuss with relevant theories of profit. d) What is population explosion? Explain the measures to control population growth in India, e) Comment on New Industrial Policy 1991 f) Evaluate Indian Tax structure and reforms since 1990. Page 1 of 3 FEQBAE96CD97864SFE710C55C0C00267Paper / Subject Code: 75905 / Economies | UBL S~ POC) 2020 years {Time: 2 Hours} { Marks: 60] Please check whether you have got the right question paper. N.B: 1. Figures to the right indicate full marks. 2. Draw neat diagram and schedules wherever necessary. 1. Answer the following in brief (any six) 12 (a) Write two features of Wealth definition of Economics. (b) Name any two Acts made to remove Economic inequalities in India. (©) Write the difference between stock and supply. (4) What is social cost? (©) Write two features of labour. (What is density of population? (@) Name any two poverty alleviation programs taken by Indian Government. (h) Write the difference between Private Sector and Public Sector. (i) Write two causes of adverse Balance of Payment, (i) Write two functions of SEBI. 2. Write short note (any two) 12 (a) Positive Economics and Normative Economics. (b) Law of Demand (©) Importance of Agriculture Sector in Indian Economy @ = wro. 3. Answer the following (any two) 2 (a) Explain the marginal productivity theory of wages. (b) Explain the monopoly market. (©) State the problems faced by Indian Capital Market. (d) Total fixed cost is 200/-, find out the TVC, AC, TC, AFC and AVC. Units of output te eze)es Sao] mae ae7 Marginal cost [7s {60 [ so [ 30 | 50 | so | 60 | 24 4, Answer in detail (any two) (a) Discuss the price determination with the help of demand and supply curves. (b) Define the concepts land and rent. Explain Recordian Theory of Rent. (©) Analyse the Salient features of Indian Economy. (d) Discuss the tax structure and reforms of India Since 1990. eee 81076 Page 1 of 2 3BID493FBA84EE71909409F9F4286C74Paper / Subject’ Code: 75902/ Heonomics SMe 1L—- FoR aalt | 2024 [Time: 3 Hours} | Marks:100] Please check whether you have got the right question paper. N.B: 1, Figures to the right indicate full marks. 2. Draw neat diagrams and schedules where necessary. QI Answer the following in brief, (20) a) State wealth definition of Economics. b) Name any two Acts for economic welfare in India, c) Write the essential elements to create demand. 4) Write two features of Land. €) What is opportunity cost? ) What is per capital income? 2) Write two functions of WTO, h) Give two examples of Indirect Taxes, i) Name two Acts to remove the problems of inequality in India. i) Write the difference between Private Sector and Public Sector. Q2 Give short notes on any four of the following, 20) a) Difference between Micro Economies and Macro Economics. b) Drawback of Recordian Theory of Rent. c) Monopoly competition market. d) Features of Indian Economy. €) Balance of Payment. f) Disinvestment policy of Indian Government. Q3_ Answer the following. (Any 2) (12) @) What are the causes of population growth in India? b) State the measures to improve the agricultural productivity in India ©) Given TFC 50, Find out TVG, TC, AFC, AVC and MC. [Units of Output i T2 7,3 4 5 |] 6 4 a , a2 1 I AC 200 | 180 | 160 | 140 | 120 | 100 Q4_ Answer the following in details, (Any 4) (48) 63482 a) Explain the Law of Demand with assumption and Exception, b) Study of Economics is useful for Law students discuss, ©) State and criticize any two theories of profit, d) Differentiate the Small Scale Industries and Large Scale Industries. Explain the impact of New Industrial Policy 1991. €) What is Public debt? Explain the causes for increasing public expenditure. f) State the causes of poverty in India. What measures did Indian government adopt to remove the poverty? eee Page 1 of 3 7£625943BF750C93766A 199109787SFBSem- f Eco nomic Jan - 201F Q.P. Code : 303401 (3 Hours) [ Total Marks : 100 : (1) Figures to the right indicate full marks. (2) Draw neat diagrams and give schedules wherever necessary. (3) Use of simple calculator is allowed. 1. Answer the following in short : (a) What is normative economics" i (b) What is meant by supply? Os ; 5 (c) Define explicit cost. w ~ (d) Give two characteristics of land. ay (©) Give two features of monopoly. wy (£) What does public debt mean? (g) Write two types of direct taxes. + (h) Give two features of capital market. “ (i) Define small scale industries. x (What do you mean by Proportional tax? 9" 2. Answer the following in brief (any four): —_\ 20 (a) Explain the relevance of Economies (Law. (b) Distinguish between micro and magfdeconomics, (c) Explain the characteristics of lal ta (d) Explain the causes Tring birth rate. (ce) Types oftax rates. a wy (f) Functions of WTO. a 3. Attempt any two of the ihn: 12 (a) Explain the types. price elasticity of demand. (b) Explain the consffaints in agriculture. (©) Given TFC gs'Rs.250/-, calculate the TVC, TC, AFC, AC and MC Units of our$ut | TFC | TVC | TC | AFc| AvC | AC | MC a6 vii 120 ho Fa 75 a 3 70 4 62.5 A 2 oat 5 70 ae a TURN OVERg Q.P. Code : 303401 4, Attempt any two of the following : (a) State and explain the law of demand. What are its exceptions? (b) Explain the features of Indian economy. (c) Define agricultural productivity. What are the causes for the growth ww of agricultural productivity? § (d) Discuss the factors responsible for the growth of population in Indliac? (e) Analyse the National Agricultural Policy-2000. a (f) Discuss the structure of Indian Money market. eC (ard srqare) (377) “s (eEMTT: G00 Wert :(%) Gorhesta stm qresifaara e Q) sre Ror es ag ae eat er, (3) eee 4. Getter weit seat ata area fare. (=) area teres (@) yates 7 4 @) wach ware oes farm (=) fet do afirectenterar (8) materttet da gered fer. (%) ardstre apres ara? (1) sere wer fever. @) wisagetarrst dt are’ fee, @ waren ferar. @) 1 A ar “0 & ae a TURNOVER - Ro/ Q.P. Code : 303401 2. fem ferer (tere aR) (a) seer errant acter diet eee aa. () gem orf cag setter ora eae aa. () sare afeed ere aa. (S) Sree arava arch wae aT. @ Ra we a (5) sda sam data (WTO) Ha. & e wv 3. Blue drawers seat rer. ae (3) aeeitear fisra cadets war ere a. & (a) pf daria seavh ere ar. x () ee Frege (TEC) oR RAM ster ree TATA SEs He Units of out put | TFC |Tvc | Tc_| Arg¢ ‘Ave | ac_| Mc 0 ve 1 f | 120 S 3 a 70 4 cf 62.5 ~ 5 ok 0 Ww > < < x. ‘aris weaist after set rar. (arta) (a) arnfter fata STATES ETS BHU. (@) aredta aref aired ore aa. (=) $f caren fae. off scramcen arte art ars area? (3) sree Sipe aria saraqn seen uewiat azat aT. “THAR ete 2000" 8 eae a. (%) ao arene THA EIS SAT. Oo av Ce eo ae one Jo”Qi Q.2 a4 Feb: L211 / L0139 ECONOMICS 20 17 =f a Pye Q.P. Code : 29145 [Time: Three Hours] [ Marks:100} Please check whether you have got the right question paper. NB: 4, Figures to the right indicate full marks. 2. Draw neat diagrams and schedules wherever necessary. 3. Use of simple calculator is allowed. Answer the following in brief (20) a) Define 'positive economics’. b) What is meant by ‘relatively inelasticity of demand’? c) What is meant by Average variable cost'? d) Define ‘selling cost’, e) Mention the names of factor prices for Labour and capital. f) What are the major causes for high birth rate in India? 8) Give two reasons for low agricultural productivity in India. h) Give two features of Indian money market. i) What is meant by disinvestment? j) Mention any two indirect taxes in India. Explain the following in short ( any four) (20) a) Distinguish between positive and normative economics. 6) Explain the ‘Geometric method! of measuring price elasticity of demand. c) Features of land. d) Explain the main causes of inequality of income in India e) Explain the main objectives of New Industrial Policy. f) Features of indian capital market. Answer the following (any two) (12) a) Explain the features of monopolistic competition. b) Discuss the problems faced by small scale industries in India, c) Total fixed cost is Rs 200/- Find out the TVG, TC, AFC AVC and AC from the following information. [Unitsofoutput {1 [2 |3 4 5 [6 Tel [Marginal cost so [45 [ao [30 [so [75 100 | Answer in detail (any four) (48) a) What is meant by price elasticity of demand? Explain the types of price elasticity of demand. b) Explain the salient features of Indian economy. ¢) Discuss the constraints that are faced by Indian Agricultural sector d) Analyse the New Industrial Policy, 1991. e) What is Wages? Explain Marginal Productivity Theory of wages. f) Evaluate Indian Tax structure and its reforms since nineties (1990). Page 1 of 3 nse Pare eka Gak2014-18 EConomics FYB KS Been Q.P. Code 064241 161. [Time: Three Hours] ‘[IMiarks:100)- Please check whether you have got the right question paper. - N.B: 1. Figures to the right indicate full marks. a 2. Draw neat diagrams and schedules Aefierever TeseStarY: 3. Use of simple calculator is allowed. Crys aN Answer the following in bri a) Define micro economics. 3 $e b) What is relatively elasticity of demand? , ©) What is meant by marginal cost? SS ees eS d) Write two features of monopolistic competition e) Write names of factors of production. f) Give two features of Indian economy, 3) = : 8) What do you mean by agricultural eeuleeNe os hh) What is public sector? : 3) What is meant by money market? |) Define direct tax. 2 Explain the following in short (any four)”. : 4 = 20 a) Distinguish between positive and norms ‘economics. b) Features of labour. a €) Problems faced by sna sale nested 4) Causes for increasing public.expeniditiire. e) Features of capital market. f) wTo : i Ss 3. Answer the following (any tio), . S 12 a) Expl bw niof SUPA 16, 30 2 funitsofoutpar] =>" “Earginal Cost 4, © S Answer in detail (any four) 48 ‘a)’ State and explain the Law of demand, ‘B). Discdiss'the features of perfect cor ). Explain the causes for ever increasing population in India ~ d) Explain National Agricultural Policy 2000 Discuss the features:of Indian Capital Market (A831D34B711A8411AFC72EDOBASSDFDD_