24
1 MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20 Minutes M.Marks : 10 Section A [k.M&^v^ Objective Type Questions oLrqfu"B Á’u Attempt All Questions. Each question carry 1/2 mark. Use the symbol (√) in the box for marking the correct answer. lHkh iz ’u vfuok;Z gS aA iz R;sd iz ’u gsrq 1@2 vad fu/kkZ fjr gS aA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsa A Q. No. I. Choose the correct answer- lgh mÙkj pq fu,& 1. The basic assumptions of perfect competition are: iw.kZ Áfr;ksfxrk dh ewyHkwr ekU;rk,¡ gS a& a) Large number of firms QeksZ a dh vf/kd la[;k b) The product of all firm is homogeneous leLr QeksZ a dk mRiknu ,dleku c) Entry and exit from industry is free m|ksx esa Áos’k ,oe~ fudkl LorU= d) All of these mijksDr lHkh 2. The basic condition of equilibrium of a firm under perfect competition is iw.kZ Áfr;ksfxrk esa ,d QeZ ds lUrqyu dh ewy 'krsZ a gSa& a) MC=MR=PRICE b) MC>MR>Price c) MC<MR d) MC>MR 3. The Marginal Cost (MC) and the Average Cost (AC) cut marginal and average revenue curve at a point in perfect competition the firm will get- iw.kZ Áfr;ksfxrk esa lhekUr ykxr ,oe~ vkSlr ykxr lhekUr ,oe~ vkSlr vk; dks ,d fcUnq ij dkVrh gS rc QeZ dks feysxk& a) Abnormal profit b) Normal profit vlkekU; ykHk lkekU; ykHk c) Loss d) None of these gkfu mijksDr esa ls dksbZ ugha Roll No. Enrollment No Enrollment Invigilator’s Signature

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Page 1: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

1

MA (Eco.) Second Semester Examination (Year 2014)

Advance Economic Analysis Subject Code: MAE-201

Paper Code: SLJ-71 Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^ Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carry 1/2 mark. Use the symbol (√) in the box for marking

the correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. No. I. Choose the correct answer-

lgh mÙkj pqfu,&

1. The basic assumptions of perfect competition are:

iw.kZ Áfr;ksfxrk dh ewyHkwr ekU;rk,¡ gSa&

a) Large number of firms

QeksZa dh vf/kd la[;k

b) The product of all firm is homogeneous

leLr QeksZa dk mRiknu ,dleku

c) Entry and exit from industry is free

m|ksx esa Áos’k ,oe~ fudkl LorU=

d) All of these

mijksDr lHkh

2. The basic condition of equilibrium of a firm under perfect competition is –

iw.kZ Áfr;ksfxrk esa ,d QeZ ds lUrqyu dh ewy 'krsZa gSa&

a) MC=MR=PRICE b) MC>MR>Price

c) MC<MR d) MC>MR

3. The Marginal Cost (MC) and the Average Cost (AC) cut marginal and average

revenue curve at a point in perfect competition the firm will get-

iw.kZ Áfr;ksfxrk esa lhekUr ykxr ,oe~ vkSlr ykxr lhekUr ,oe~ vkSlr vk; dks ,d

fcUnq ij dkVrh gS rc QeZ dks feysxk&

a) Abnormal profit b) Normal profit

vlkekU; ykHk lkekU; ykHk

c) Loss d) None of these

gkfu mijksDr esa ls dksbZ ugha

Roll No.

Enrollment No Enrollment

No.

Invigilator’s Signature

Page 2: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

2

4. The shape of average revenue in monopoly is:

,dkf/kdkj esa vkSlr vk; dk vkdkj gS&

a) Upward to downward b) Downward to upward

Åij ls uhps dh vksj uhps ls Åij dh vksj

c) Constant d) None of these

fLFkj mijksDr esa ls dksbZ ugha

5. The shape of demand curve in oligopoly is-

vYikf/kdkj esa ek¡x oØ dk vkdkj gS&

a) Constant b) Kinked

fLFkj Vs<+k&es<+k

c) Upward d) None of these

Åij dh vksj mijksDr esa ls dksbZ ugha

6. Who gave the concept of Monopolistic Competition?

,dkf/kdkjkRed Áfr;ksfxrk dh vo/kkj.kk fdlus nh\

a) Samuelson b) Chamberlain

lSE;wylu pSEcjysu

c) Smt. John Robinson d) Hicks

Jherh tkWu jkWfcUlu fgDl

7. Selling cost is necessary in:

foØ; ykxr vko’;d gS&

a) Monopoly b) Perfect competition

,dkf/kdkj esa iw.kZ Áfr;ksfxrk

c) Imperfect competition d) None of these

viw.kZ Áfr;ksfxrk mijksDr esa ls dksbZ ugha

8. Which market provides variety of consumer goods?

dkSu lk cktkj miHkksDrk oLrq dh vusd fdLeksa dks miyC/k djkrk gS&

a) Monopoly b) Imperfect competition

,dkf/kdkj viw.kZ Áfr;ksfxrk

c) Monopolistic competition d) All of these

,dkf/kdkjkRed Áfr;ksfxrk mijksDr lHkh

9. The Theory of Factor Prices is also known as –

Lkk/kuksa dh dher fl)kUr tkuk tkrk gS&

a) Theory of Distribution b) Profit Theory

forj.k fl)kUr ykHk fl)kUr

c) Wage Theory d) None of these

etnwjh fl)kUr mijksDr esa ls dksbZ ugha

10. The Marginal Productivity Theory was given:-

lhekUr mRikndrk fl)kUr fdlus fn;k Fkk&

a) Keynes b) Marshall

dhUt ek’k Zy

c) Pigou d) None of these

ihxw mijksDr esa ls dksbZ ugha

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3

11. Value of Marginal Product (VMP) is:-

lhekUr mRikndrk ewY; gS&

a) MPP x AR or Price

lhekUr HkkSfrd mRikndrk x vkSlr vkxe¼dher½

b) MPP x MC

lhekUr HkkSfrd mRikndrk x lhekUr ykxr

c) Both (a) and (b)

nksuksa (a) ,oa (b) sa

d) None of these

mijksDr esa ls dksbZ ugha

12. Theory of Rent was produced by:-

Ykxku fl)kUr Áfrikfnr fd;k x;k&

a) Ricardo b) Keynes

fjdkMksZ dhUl

c) Marshall d) All of these

ek’kZy mijksDr lHkh

13. Quasi Rent Theory was given by:

vkHkklh ykxr fl)kUr fn;k x;k Fkk&

a) Marshall b) Ricardo

ek’kZy fjdkMksZ

c) Both (a) and (b) d) None of these

nksuksa (a) ,oa (b) sa mijksDr esa ls dksbZ ugha

14. Keynes produced:

dsUl us Áfrikfnr fd;k&

a) Profit Theory b) Liquidity Preference Theory

ykHk fl)kUr rjyrk vf/keku fl)kUr

c) Both (a) and (b) d) None of these

nksuksa (a) ,oa (b) sa mijksDr esa ls dksbZ ugha

15. In Classical Theory the rate of interest is determined:-

Áfrf"Br fl)kUr esa C;kt dh nj dk fu/kkZj.k fd;k tkrk gS&

a) Supply of Savings

cpr dh iwfrZ

b) Demand for savings to investment

cpr ek¡x fuos’k gsrq

c) Both (a) and (b)

nksuksa (a) ,oa (b) sa

d) None of these

mijksDr esa ls dksbZ ugha

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4

16. Pareto optimality explain with:-

isjsVks lEHkko;rk O;k[;k dh tkrh gS&

a) With the help of Edgeworth Box

,MtoFkZ ckDl dh lgk;rk ls

b) Samuelson’s Utility Possibility Curve

lSE;wylu dh mi;ksfxrk lEHkko;rk oØ

c) Both (a) and (b)

nksuksa (a) ,oa (b) sa

d) None of these

mijksDr esa ls dksbZ ugha

17. Value Judgement is related with:-

ewY;fu.kZ; lEcfU/kr gS&

a) Ethics b) Profit

uSfrdrk ykHk

c) Loss d) None of these

gkfu mijksDr esa ls dksbZ ugha

18. “Economics of Welfare” book was written by:

“Economics of Welfare” iqLrd fdlus fy[kh Fkh&

a) Marshall b) Pigou

Ek’kZy ihxw

c) Ricardo d) Mill

fjdkMksZ fey

19. Pareto Welfare Theory was based on:

isjsVks dk dY;k.koknh fl)kUr v/kkfjr gS&

a) Cardinal Approach b) Ordinal Approach

x.kukokpd fopkj Øeokpd fopkj

c) Subjective Approach d) None of these

O;fDrxr fopkj mijksDr esa ls dksbZ ugha

20. The Economist of Welfare Economics are:-

dY;k.koknh vFkZHkklq ds vFkZHkklh gS&

a) Marshall b) Pigou

ek’k Zy ihxw

c) Pareto d) All of these

isjsVks mijksDr lHkh

-----------------------------

Page 5: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

1

MA (Eco.) Second Semester Examination (Year 2014)

Advance Economic Analysis Subject Code: MAE -201

Paper Code: SLJ-71

Time : 2:40 hours

M.Marks : 60

Section – B

[k.M&^c^ (Short Answer Type Questions)

(y?kqmRrjh; iz’u)

Attempt all questions (each question carry 4 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 4 vad fu/kkZfjr gSa)

Q.No. 2. What is Monopoly? Explain its assumption.

,dkf/kdkj D;k gS\ bldh ekU;rkvksa dh O;k[;k dhft;sA

OR

Explain Price Discrimination in brief.

dher foHksn dh O;k[;k laf{kIr esa dhft;sA

Q.No.3. Explain selling costs in brief.

foØ; ykxrksa dkh laf{kIr O;k[;k dhft;sA

OR

Define Oligopoly

vYikf/kdkj dks ifjHkkf"kr dhft;sA

Q.No.4. What do you mean by Factor Prices? Explain.

Lkk/ku dher ls vki D;k le>rs gSa\ O;k[;k dhft;sA

OR

What is Technical Progress? Explain.

rduhdh mUU;u D;k gS\ laf{kIr esa O;k[;k dhft;sA

Q.No.5. What is Quasi Rent. Explain in brief.

vkHkklh yxku D;k gS\ laf{kIr esa O;k[;k dhft;sA

OR

Explain Theory of Risk and Uncertainty of Profit.

ykHk ds tksf[ke ,oe~ vfuf’prrk fl)kUr dh O;k[;k dhft;sA

Q.No.6. Write the difference between Real Wage and Monetary Wage.

okLrfod etnwjh ,oe~ ekSfnzd etnwjh esa varj fyf[k;sA

OR

Write short note on Value Judgement.

ewY; fu.kZ; ij ,d laf{kIr fVIi.kh fyf[k;sA

Roll No.

Page 6: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

2

Section C

[k.M&^l^ (Long answer type questions)

(nh/kZ mRrjh; iz’u) Attempt all questions (each question carry 8 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s cjkcj vad fu/kkZfjr gSa

Q.No.7. Explain the Equilibrium of firm in perfect competition in short run with the help

of diagram.

Nk;kfp= dh lgk;rk ls vYidky esa iw.kZÁfr;ksfxrk esa fdlh QeZ ds lUrqyu dh

O;k[;k dhft;sA

OR

Explain the Equilibrium of firm in the short run in Monopoly with the help of

diagram.

Nk;kfp= dh lgk;rk ls vYidky esa ,dkf/kdkj ds vUrxZr QeZ ds lUrqyu dh

O;k[;k dhft;sA

Q.No.8. Explain Price Equilibrium under Monopolistic Competition.

,dkf/kdkjkRed Áfr;ksfxrk ds vUrxZr dher lUrqyu dh O;k[;k dhft;sA

OR

Critically examine the Chamberlin’s Theory of Monopolistic Competition.

pSEcjysu ,dkf/kdkjkRed fl)kUr dk vkykspukRed O;k[;k dhft;sA

Q.No.9. Explain Elasticity of Technical Substitution.

rduhdh ÁfrLFkkiu yksp’khyrk dh O;k[;k dhft;sA

OR

Critically examine Ricardian Theory of Rent.

fjdkMZ;u ds Ykkxr fl)kUr dh vkykspukRed ijh{k.k dhft;sA

Q.No.10. Explain Classical Theory of Interest.

C;kt ds Áfrf"Br fl)kUr dh O;k[;k dhft;sA

OR

Explain Innovation Theory of Profit.

ykHk ds uoÁoÙkZu fl)kUr dh O;k[;k dhft;sA

Q.No.11. Critically evaluate Social Welfare Function.

lkekftd dY;k.k Qyu dk vkykspukRed ewY;kadu dhft;sA

OR

Write short note on any of the two.

i) Positive Economics

ii) Welfare Economics

iii) Welfare Economics of Pigou.

fdUgh nks ij laf{kIr fVIi.kh fyf[k;s%&

v½ ldkjkRed vFkZHkk"kq

c½ dY;k.k vFkZHkk"kq

l½ ihxw dk dY;k.kdkjh vFkZHkk"kq

-------------------------

Page 7: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

1

MA (Eco.) Second Semester Examination (Year 2014)

Monetary Economics and Banking Subject Code: MAE-202

Paper Code: SLJ-72 Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^

Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carry 1/2 mark. Use the symbol (√) in the box for marking

the correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. No. I. Choose the correct answer-

lgh mÙkj pqfu,&

1. Which of the following statement is true for Cambridge approach in comparison

to Fisher’s approach?

dsfEczt nf̀"Vdks.k dh rqyuk esa fQlj dk nf̀"Vdks.k ds lacU/k esa dksSu&lk dFku lgh

gS&

a) More importance of money supply

eqnzk iwfrZ dh vf/kd egÙkk

b) Long term analysis

nh/kZ dkyhu fo’ys"k.k

c) More importance of demand for money

eqnzk dh ek¡x ds egÙkk

d) Dependence on interest rates for cash balance

udn 'ks"k ds fy;s C;kt dh nj ij fu/kkZfjr

2. Quantity theory of money was proposed by-

eqnzk dk ifj.kke fl)kUr Áfrikfnr fd;k&

a) Prof. Fisher b) Prof. Robbins

Áks- fQ’kj Áks- jkfcUl

c) Prof. Hicks d) All of these

Áks- fgDl mijksDr lHkh

3. Relation of stock of money is with-

eqnzk ds LVkWd dk lEcU/k gksrk gS&

a) Specific time b) Time period

le; fo’ks"k le; vof/k

c) Both (a) and (b) d) None of these

nksuksa (a) rFkk (b) mijksDr esa ls dksbZ ugha

Roll No.

Enrollment No.

Invigilator’s Signature

Page 8: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

2

4. Monetary policy in India is prepared by-

Hkkjr esa ekSfnzd uhfr dk fuekZ.k djrh gS&

a) Reserve Bank of India b) Monetary Fund

Hkkjrh; fjtoZ cSad vUrjk"Vªh; eqnzk dks"k

c) World Bank d) All of these

fo’o cSad mijksDr lHkh

5. The volume of K in Cambridge equation depends on-

dsfEczt lehdj.k esa K dh ek¡x fuHkZj djrh gS&

a) Money supply b) Real national income

eqnzk dh iwfrZ okLrfod jk"Vªh; vk;

c) Velocity of circulation d) Interest rate

Áokg dh pyuxfr C;kt nj

6. Quantity Theory of money is based on –

eqnzk dk ifjek.k fl)kUr vk/kkfjr gS&

a) Demand of money b) Supply of money

eqnzk dh ek¡x ij eqnzk dh iwfrZ ij

c) Demand and supply of money d) None of these

eqnzk dh ek¡x ,oa iwfrZ ij mijksDr esa ls dksbZ ugha

7. Supply of money includes-

eqnzk dh iwfrZ esa lfEefyr fd;k tkrk gS&

a) Quantity of different money issued by Central Bank

dsanzh; cSad }kjk fexZfer fofHkUu eqnzk dh ek=k

b) Quantity of money issued by Government

Lkjdkj }kjk ,oa fuxZfer dh xbZ eqnzk dh ek¡x

c) Demand and deposit of banks

cSad dh ek¡x tek

d) All of these

mijksDr lHkh

8. Types of inflation are-

eqnzk LQhfr ds Ádkj gSa&

a) Currency inflation b) Credit inflation

pyu LQhfr lk[k LQhfr

c) Both (a) and (b) d) None of these

nksuks (a) rFkk (b) mijksDr esa ls dksbZ ugha

9. When price increases, on increase in demand it is called-

tc ek¡x c<+us ij ewY; c<+rs gSa rks mls dgrs gSa&

a) Currency inflation b) Credit inflation

pyu LQhfr lk[k LQhfr

c) Cost Push inflation d) Demand pull inflation

ykxr Ásfjr LQhfr ek¡x Ásfjr LQhfr

Page 9: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

3

10. Philip’s curve shows relationship between-

fQfyIl oØ lacU/k crkrh gS&

a) Inflation and employment

LQhfr ,oa jkstxkj

b) Wage rate and unemployment

etnwjh nj rFkk csjkstxkjh

c) Rate of tax and tax revenue

dj dh nj rFkk dj vkxe

d) Public revenue and expenditure

yksd vkxe rFkk O;;

11. In inflation the fixed income group gets-

eqnzk LQhfr ls fuf’pr vk; oxZ dks gksrk gS&

a) Profit b) Loss

ykHk gkfu

c) Both (a) and (b) d) None of these

nksuksa (a) rFkk (b) mijksDr esa ls dksbZ ugha

12. Which types of deposit earns relatively highest rate of interest?

vf/kdre C;kt dh nj ds laca/k esa fdl Ádkj ds tek ls vf/kd ÁkfIr gksrh gS&

a) Saving deposit b) Term deposit

cpr tek lkof/k tek

c) Current account deposit d) Home saving account

pkyq [kkrk tek x̀gcpr [kkrk tek

13. Reserve Bank of India was established in-

Hkkjrh; fjtoZ cSad dh LFkkiuk gqbZ&

a) 1935 b) 1940

c) 1930 d) 1945

14. The user of which card becomes the borrower of the bank-

mi;ksxdrkZ dkSu&lk dkMZ cSad ls xg̀.k djrk gS&

a) Credit card b) Debit card

ØsfMV dkMZ MsfcV dkMZ

c) ATM card d) All of these

,-Vh-,e- dkMZ mijksDr lHkh

15. The State Bank of India is in the category of –

LVsV cSad vkWQ bf.M;k Js.kh esa vkrs gSa&

a) National Bank b) Private Bank

jk"Vªh;—r cSad futh cSad

c) Public Sector Bank d) None of these

lkoZtfud cSad mijksDr esa ls dksbZ ugha

Page 10: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

4

16. An open economy in circular flow of income, the economy is divided in how

many parts?

[kqyh vFkZO;oLFkk esa vk; ds pØh; Áokg esa vFkZO;oLFkk dks fdrus Hkkxksa esa foHkkftr

fd;k x;k gS&

a) Two b) Three

nks rhu

c) Four d) Five

pkj ik¡p

17. Limitation of circular flow of income are-

vk; ds pØh; Áokg dh lhek,¡ gSa&

a) Non Monetary Exchange b) Mutual transactions

xSj ekSfnzd fofue; vkilh lkSns

c) Various leakage d) All of these

fofHkUu fjlko mijksDr lHkh

18. Which of the following theory is presented by Hawtrey related to Business Cycle?

O;kikj pØksa ds lEcU/k esa gkVªs us dkSu lk fl)kUr ÁLrqr fd;k gS\

a) Pure monetary b) Monetary over investment

fo’kq) ekSfnzd ekSfMd vfr fuos’k

c) Real over investment d) Under consumption

okLrfod vfr fuos’k vYi miHkksx

19. Schumpeter’s Business Cycle Theory is based on which factor-

'kqEihVj }kjk O;kikj&pØ fl)kUr fdl rRo ij vk/kkfjr gS&

a) Multiplier-accelerator interaction

xq.kd rFkk Rojd dh ijLij fØ;k

b) Under consumption

vYi miHkksx

c) Over investment

vfr fuos’k

d) Innovation

uoÁorZu

20. Which characteristic of Business Cycle is not necessary?

O;kikj&pØ dh dkSu&lh fo’ks"krk gksuk vko’;d ugha gS&

a) Recurrent b) Periodicity

iqujkof̀Ùk dk Lo#i lkef;drk

c) Periodic d) Cumulative

fu;fer lap;h

--------------------------

Page 11: MA (Eco.) Second Semester Examination (Year 2014 ... MA (Eco.) Second Semester Examination (Year 2014) Advance Economic Analysis Subject Code: MAE-201 Paper Code: SLJ-71 Time : 20

1

MA (Eco.) Second Semester Examination (Year 2014)

Monetary Economics and Banking Subject Code: MAE -202

Paper Code: SLJ-72

Time : 2:40 hours

M.Marks : 60

Section – B

[k.M&^c^ (Short Answer Type Questions)

(y?kqmRrjh; iz’u)

Attempt all questions (each question carry 4 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 4 vad fu/kkZfjr gSa)

Q.No. 2. Explain the Real Balance Effect Theory in brief.

okLrfod 'ks"k ÁHkko fl)kUr dh laf{kIr esa O;k[;k dhft;sA

OR

Explain Quantity Theory of Money according to Marshal’s equation of

Cambridge school.

eqnzk ds ifj.kke fl)kUr dh dsfEczt Ldwy ds ek;kZy lehdj.k ds vuqlkj O;k[;k

dhft;sA

Q.No.3. Explain briefly the classical approach of measurement of money stock on supply.

eqnzk LVkd vFkok iwfrZ ds eki ds ijEijkxr nf̀"Vdks.k dh laf{kIr esa O;k[;k dhft;sA

OR

Explain the concept of money multiplier.

eqnzk xq.kd dh vo/kkj.kk dks le>kb;sA

Q.No.4. Explain the effects of inflation.

eqnzk LQhfr ds ÁHkkoksa dks le>kb,A

OR

Explain the Demand Pull Theory of inflation in brief.

ek¡x Ásfjr LQhfr dh la{ksi esa O;k[;k dhft;sA

Q.No.5. Explain the types of Banks.

cSad ds Ádkj le>kb;sA

OR

Explain the function of Commercial Bank.

O;kikfjd cSad ds dk;Z le>kb;sA

Q.No.6. Explain the types of trade cycles.

O;kikj pØksa ds Ádkjksa dh O;k[;k dhft;sA

OR

Explain the various phases of a Business Cycle.

O;kikj pØ dh fofHkUu voLFkkvksa dk mYys[k dhft,A

Roll No.

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2

Section C

[k.M&^l^ (Long answer type questions)

(nh/kZ mRrjh; iz’u)

Attempt all questions (each question carry 8 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s cjkcj vad fu/kkZfjr gSa)

Q.No.7. Critically explain Fisher’s Quantity Theory of Money.

fQ’kj ds eqnzk ifjek.k fl)kUr dh vkykspukRed O;k[;k dhft;sA

OR

Explain the Keynesion Theory of Money and prices in detail.

eqnzk ,oa dherksa ds dsuth;u fl)kUr dh foLrr̀ O;k[;k dhft;sA

Q.No.8. Explain the role and effectiveness of monetary policy in an economy.

,d vFkZO;oLFkk esa eksfnzd uhfr dh Hkwfedk ,oa ÁHkko’khyrk dh O;k[;k dhft;sA

OR

What is creation of Credit? Explain the limitation of process of Credit Creation.

lk[k fuekZ.k D;k gS\ lk[k fuekZ.k ÁfØ;k dh lhekvksa dh O;k[;k dhft;sA

Q.No.9. Explain the relationship between unemployment and inflation with the help of the

Phillips Curve.

csjkstxkjh vkSj eqnzk LQhfr ds lacU/kksa dh O;k[;k fQfyIl oØ dh lgk;rk ls dhft;sA

OR

How does inflation affect the production structure and income distribution in an

economy? Explain.

mRiknu dh lajpuk ,oa vk; ds forj.k dks eqnzk LQhfr fdl rjg ls ÁHkkfor djrh

gS\ le>kb;sA

Q.No.10. Explain the new trends in commercial banking in India.

Hkkjr esa O;kikfjd cSadksa dh uohu Á—fr;ksa dh O;k[;k dhft;sA

OR

Explain the functions of Reserve Bank of India.

Hkkjrh; fjtoZ cSad ds dk;ksZa dh O;k[;k dhft,A

Q.No.11. Give a critical account of Keynes’ views on trade cycles.

dhUl ds O;kikj&pØ lEcU/kh fopkjksa dh vkykspukRed O;k[;k dhft,A

OR

Give an account of the indirect and direct methods to control business cycles.

O;kikj&pØ dks fu;fU=r djus ds ÁR;{k rFkk vÁR;{k mik;ks dk mYys[k dhft,A

------------------------------

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1

MA (Eco.)Second Semester Examination (Year 2014)

Research Methods & Statistical Inference Subject Code: MAE -203

Paper Code: SLJ-73 Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^

Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions (Each question carry 1/2 mark). Use the symbol (√) in the box for

marking the correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. No. 1. Choose the correct answer-

lgh mÙkj pqfu,&

1. Method of Least-square is used to calculate-

U;wure&oxZ jhfr dk Á;ksx fd;k tkrk gS&

a) Time-series b) Chi-square

dky&Js.kh dkbZ&oxZ

c) Harmonic Mean d) Index- Number

gjkRed ek/; lwWpdkad

2. The range of probability is from-

Ákf;drk dk eku jgrk gS&

a) +1 to -1 b) 0 to 1

c) +0.75 to -0.75 d) +0.25 to -0.50

3. Published work is regarded as-

Ádkf’kr&dk;Z dgykrs gSa&

a) Original data b) Primary data

ewy vkWdM+s ÁkFkfed lead

c) Secondary data d) All of these

f}rh;d lead mijksDr lHkh

4. The calculated value of Chi-square is always-

dkbZ&oxZ dk eku lnSo gksrk gS&

a) Positive b) Negative

/kukRed _.kkRed

c) Both positive & negative d) Zero

/kukRed ,oa _.kkRed nksuksa 'kwU;

Invigilator’s Signature

Roll No.

Enrollment No.

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2

5. The Yate’s corrections are generally made when number of degrees of freedom is-

;sV dk la’kks/ku lkekU;r% rc fd;k tkrk tc LokrU=;&dksfV;ksa dh la[;k gksrh gS&

a) Four b) One

pkj ,d

c) Five d) Two

ik¡p nks

6. The last important step in research is-

vuqla/kku dk vafre egRoiw.kZ pj.k gS&

a) Research Design b) Testing of Hypothesis

'kks/k&vfHkdYi ifjdYiuk&ifjHkk"kk

c) Report Writing d) Statistical Analysis

Áfrosnu&ys[ku lkaf[;dh&fo’ys"k.k

7. Analysis of variance technique is originated in-

Álj.k&fo’ys"k.k rduhd dh mRifÙk gqbZ gS&

a) Industrial Research b) Medical Research

vkS|ksfxd 'kks/k fpfdRlh; 'kks/k

c) Business Research d) Agrarian Research

O;olkf;d 'kks/k Øf"k laca/kh 'kks/k

8. Binomial distribution was propounded by-

f}&in caVu Áfrikfnr fd;k gS&

a) James Bernoulli b) Yule & Kendall

tsEl cuksZyh ;wy ,oa dsuMkWy

c) Karl Pearson d) None of these

dkyZ fi;jlu mijksDr esa ls dksbZ ugha

9. The increase in sales of fruits during ‘Nav-Ratra’ is an example of-

^uo&jkf=^ ioZ ds nkSjku Qyksa dh fcØh esa gq;h of̀) mnkgj.k gS&

a) Cyclical Fluctuations b) Seasonal Variations

pØh; mPpkopu ekSleh fopj.k

c) Trend d) Irregular Fluctuations

miufr vfu;fer mPpkopu

10. In analysis of variance, the equality is tested between-

Álj.k&fo’ys"k.k esa fdlds e/; lekurk dh tk¡p dh tkrh gS& a) Mode b) Correlation coefficients

Hkwf;"Bd lglaca/k xq.kkad

c) Mean d) None of these

ek/; mijksDr esa ls dksbZ ugha

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3

11. Cyclical variations in a time-series are caused by-

fdlh dky Js.kh esa pØh; mPpkopu gksus ds dkj.k gSa&

a) Climate change b) Floods

tyok;q ifjorZu ck<+

c) Drought d) None of these

lw[kk mijksDr esa ls dksbZ ugha

12. The ‘t- distribution’ is used when sample size-

Vh&caVu dk Á;ksx fd;k tkrk gS tc U;kn’kZ dk vkdkj&

a) Less than 30 b) More than 30

30 ls de 30 ls T;knk

c) Less than 50 d) More than 50

50 ls de 50 ls T;knk

13. When null Hypothesis is true but test rejects it, it is called:

'kwU; ifjdYiuk lR; gksus ij ;fn ifjHkk"kk mls vekU; djrk gS rks ;g gksrk gS&

a) Type II error b) Type I error

Vkbi&Vw =qfV Vkbi&ou =qfV

c) Both (a) and (b) d) None of these

nksuks (a) vkSj (b) mijksDr esa ls dksbZ ugha

14. The equation of Additive Model of Time-series is-

dky&Js.kh ds ;ksxkRed fun’kZ dk lehdj.k gS&

a) Y= T ×S×C×I b) Y=𝑇+𝑆

𝐶+1

c) Y=T+S+C+I d) Y= T-S-C-I

15. Which of the following is not a property of the Normal Curve?

fuEu esa ls dkSu lh fo’ks"krk lkekU; oØ dh ugha gksrh&

a) Bell shaped b) Asymptotic

?k.Vkdkj&vk—fr vuUrLi’khZ

c) Symmetrical d) Bi-modal

lefer nks&Hkwf;"Bd

16. In a two-tail test the rejection region is located in both the tails.

nks&fljksa okys ijh{k.k esa R;kxus okyk {ks= nksuks fljksa dh vksj gksrk gS&

a) True b) False

lgh xyr

c) Can’t say d) None of these

dg ugha ldrs mijksDr esa ls dksbZ ugha

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4

17. Which of the following is a non parametric test?

fuEu esa ls dkSu&lk ijh{k.k xSj&Ákpfyd ijh{k.k gS&

a) F-test b) Chi-square Test

,Q&ijh{k.k dkbZ&oxZ ijh{k.k

c) ‘t’-test d) None of these

Vh&ijh{k.k mijksDr esa ls dksbZ ugha

18. The chance of drawing a red queen in a draw from a pack of 52 cards is-

rkl ds 52 iÙkksa esa ls yky csxe vkus dh Ákf;drk gS&

a) 1/52 b) 1/4

c) 1/26 d) 1/2

19. Chi-square test is used for-

dkbZ&oxZ ijh{k.k dk Á;ksx fd;k tkrk gS&

a) Test of independence b) Goodness of fit

LorU=rk ijh{k.k vklatu ijh{k.k

c) Test of Homogeneity d) All of these

ltkrh;rk dh tk¡p mijksDr lHkh

20. Random sampling is also known as-

nSo fun’kZu dks tkuk tkrk gS&

a) Probability sampling b) Cluster sampling

lEHkkfork fun’kZu lewg fun’kZu

c) Deliberate sampling d) None of these

lfopkj fun’kZu mijksDr esa ls dksbz ugha

------------------------------------

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1

MA (Eco.) Second Semester Examination (Year 2014)

Research Methods & Statistical Inference Subject Code: MAE-203

Paper Code: SLJ-73

Time : 2:40 hours

M.Marks : 60

Section – B

[k.M&^c^ (Short Answer Type Questions)

(y?kqmRrjh; iz’u)

Attempt all questions (each question carry 4 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 4 vad fu/kkZfjr gSa)

Q.No. 2. Distinguish between primary and secondary data.

ÁkFkfed rFkk f}rh;d leadksa esa varj Li"V dhft;sA

OR

Explain any one method of sampling with its merits and demerits.

fun'kZu dh fdlh ,d fof/k dks mlds xq.k&nks"kksa lfgr le>kb;sA

Q.No.3. Explain the importance of time-series analysis.

dkYk Js.kh fo’ys"k.k ds egRo dks le>kb;sA

OR

Explain the Additive and Multiplicative model of Time-series Analysis.

dky Js.kh fo’ys"k.k ds ;ksxkRed ,oa xq.kkRed fun’kZ dks le>kb;sA

Q.No.4. What is probability? Find out the probability of drawing a King from a pack of 52

cards.

Ákf;drk D;k gksrh gS\ 52 iÙkksa dh rk’k dh xìh esa ls ,d iÙkk [khapus ij ckn’kkg

fudyus dh Ákf;Drk D;k gksxhA

OR

What do you mean by Poisson Distribution? Give examples.

IokW;lu caVu ls vki D;k le>rs gSa\ mnkgj.k nhft;sA

Q.No.5. Explain the concept of Type I and Type II error.

ÁFke dksfV dh =qfV ,oa f}rh; dksfV dh =qfV le>kb;sA

OR

Discuss the utility of standard error.

Áeki foHkze dh mi;ksfxrk dh O;k[;k dhft;sA

Q.No.6. What is Chi-square? Explain the uses of Chi-square Test.

dkbZ&oxZ ijh{k.k D;k gksrk gS\ dkbZ&oxZ ijh{k.k ds Á;ksx crkb;sA

OR

What is ANOVA? Distinguish between one-way and two-way classification.

Álj.k&fo’ys"k.k D;k gksrk gS\ ,d&ekxhZ; o f}&ekxhZ; oxhZdj.k esa varj Li"V

dhft;sA

Roll No.

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2

Section C

[k.M&^l^ (Long answer type questions)

(nh/kZ mRrjh; iz’u) Attempt all questions (each question carry 8 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 8 vad fu/kkZfjr gSa)

Q.No.7. Define Research. Explain various types of research pointing out their relative

merits and demerits.

'kks/k dks ifjHkkf"kr dhft;sA 'kks/k ds fofHkUu Ádkjksa dh muds xq.k&nks"kksa lfgr

le>kb;sA

OR

Explain the various steps in scientific research in detail.

oSKkfud 'kks/k ds fofHkUu pj.kksa dh foLrkj ls O;k[;k dhft;sA

Q.No.8. What is time-series analysis? Explain various components of time-series.

dky&Js.kh fo’ys"k.k D;k gS\ dky&Js.kh ds fofHkuu ?kVdksa dks le>kb;sA

OR

Calculate 5 yearly moving averages for the following data and draw the trend.

fuEu vk¡dM+ksa ls ik¡p&o"khZ; py ek/; fof/k ls viufr Kkr dhft;s rFkk xzkQ cukb;sA

Year: 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Sales: 332 317 357 392 402 405 410 427 405 438

Q.No.9. A bag contains 5 white and 3 black balls. Two balls are drawn at random one after

the other without replacement. Find the probability that both balls are black.

,d FkSys esa 5 lQsn vkSj 3 dkyh xsans gSaA nks xsnsa ,d ds ckn ,d fcuk okfil jD[ks

nSo fun’kZu ls [khaph tkrh gSaA nksuks xsnksa ds dkys jax dh gksus dh Ákf;Drk Kkr

dhft;sA

OR

Explain the properties of a Normal Curve with diagrams.

,d Álkj.k oØdh fo’ks"krk;sa fp= lfgr le>kb;sA

Q.No.10. What is Hypothesis Testing? Explain the various steps involved in hypothesis

testing.

ifjdYiuk ijh{k.k D;k gS\ ifjdYiuk ijh{k.k ds fofHkUu pj.k le>kb;sA

OR

In a test given to two group of students, the marks obtained are as follows:

Nk=ksa ds nks leegksa ds ,d VsLV esa fuEu vad gSa%

Group I : 18 20 36 50 49 36 34 49 41

Group II: 29 28 26 35 30 44 46

Examine the significance of difference between the arithmetic mean of the marks

secured by the students of the above two groups.

nksuks lewgksa ds Nk=ksa ds ek/; vadksa ds varj dk ijh{k.k dhft;sA

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3

Q.No.11. In an experiment of vaccination against malaria, following results were obtained.

Examine the utility of vaccination in controlling malaria.

eysfj;k jksdus esa Vhds yxkus dh mi;ksfxrk dh tk¡p dhft;sA

Attacked by

malaria

No attack Total

Vaccinated 24 52 76

Non vaccinated 32 12 44

Total ¼;ksx½ 56 64 120

OR

Make an analysis of variance from the following data:

fuEu vk¡dM+ks dk Álj.k fo’ys"k.k dhft;s%

Sample I Sample II Sample III Sample IV

8 12 18 13

10 11 12 9

12 9 16 12

8 14 6 16

7 4 8 15

OR

Explain the technique of ANOVA in detail.

Álj.k fo’ys"k.k dh rduhd@Ákfof/k dks foLrkj ls le>kb;sA

-----------------------------------

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1

M.A. (Economics) Second Semester Examination (Year 2014)

International Economics Subject Code: MAE-204

Paper Code: SLJ-74 Time : 20 Minutes

M.Marks : 10

Section A

Objective Type Questions

Attempt All Questions. Each question carry 1/2 mark. Use the symbol (√) in the box for marking the

correct answer.

Q. No. 1. Choose the correct answer-

1. International trade refers to

(a) Trade within the country (b) Regional trade

(c) Trade between the countries (d) Localised trade

2. Absolute differences in costs theory was given by

(a) Adam Smith (b) Marshall

(c) Ricardo (d) Haberler

3. Opportunity cost gets explained with

(a) Production possibility curves (b) Demand curve

(c) Marginal utility curve (d) Supply curve

4. The term ‘Reciprocal demand’ was used by

(a) Adam Smith (b) Marshall

(c) Ricardo (d) J.S. Mill

5. Terms of trade refers to the rate at which ………. of one country exchange for goods of

another country

(a) Goods (b) Duties

(c) Gains (d) Currency

Roll No.

Enrollment No.

Invigilator’s Signature

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2

6. Tariffs is a ------------------ levied on imports

(a) Tax (b) Revenue

(c) Protection (d) None

7. Modern theory of Factor Endowments was given by

(a) Adam Smith (b) Marshall

(c) Hecksher-Ohlin (d) Leontief

8. Devaluation means………….. in the value of the currency

(a) Reduction (b) Increase

(c) No change (d) Indeterminate

9. Community Indifference curve represents the----------- side in international trade

equilibrium

(a) Demand (b) Supply

(c) Price (d) Income

10. Tariff that maximises a country’s welfare is called

(a) Demand (b) Supply

(c) Price (d) Income

11. Net Barter terms of trade is the ratio between………… of a country’s export and

import goods

(a) Quantity (b) Volume

(c) Price (d) Income

12. Adam Smith extolled the virtues of………….

(a) Free trade (b) Tariffs

(c) Exports (d) Imports

13. Offer curve is also called as

(a) Reciprocal demand curve (b) Reciprocal supply curve

(c) Price- demand curve (d) Income-demand curve

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3

14. United States exported labour intensive goods and imported capital intensive goods,

this result came to be known as

(a) Leontief Paradox (b) Giffen Paradox

(c) Samuelson Paradox (d) Smith paradox

15. Dumping refers to……….. goods at a lower rate to a foreign country than in home

country

(a) Selling (b) Buying

(b) (c) Stocking (d) None

16. What is W.T.O

(a) World Trade Organisation (b) World Terms Organisation

(c) World Tariffs Organisation (d) World Theory Organisation

17. Economic growth is…………. Country’s National Product or Income over time

(a) Raising (b) Lowering

(c) Measuring (d) None

18. Leontief used the……….. Input-output table of U.S. economy to explain his

Viewpoint

(a) 1947 (b) 1903

(c) 1941 (d) 1930

19. Ad Valorem or Specific are ………..

(a) Duties (b) Services

(c) goods (d) None

20. Division of labour leads to………….

(a) Specialisation (b) Time saving

(c) Quality Production (d) All

----------------------------------------------

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1

M.A. (Economics) Second Semester Examination (Year 2014)

International Economics Subject Code: MAE-204

Paper Code: SLJ-74

Time : 2:40 hours

M.Marks : 60

Section – B (Short Answer Type Questions)

Attempt all questions (each question carry 4 marks)

Q.No.2 Differentiate between International and Inter-regional Trade?

OR

Write a short note on the importance of International trade?

Q. No.3 What are Offer curves? Illustrate diagrammatically

OR

Explain Production Possibility curve as an analytical tool?

Q.No.4 Explain the concept of ‘Leontief paradox’?

OR

Haberler’s theory explains the doctrine of comparative cost in terms of

production possibility curve? Explain diagrammatically

Q.No.5 Explain the concept of Terms of Trade?

OR

Evaluate Samuelson’s factor price equalisation theorem?

Q.No.6 What are tariffs? Explain the types of it

OR

Give the objectives and effects of Dumping?

Roll No.

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2

Section C

(Long answer type questions)

Attempt all questions (each question carry 8 marks)

Q.No.7 Explain Ricardo’s theory of comparative differences in costs and its

application in underdeveloped countries?

OR

Elaborate on the importance and scope of International trade in the present

scenario?

Q.No. 8 Explain the relevance of Mills theory of Reciprocal demand?

OR

Analyse the Analytical tools used in International trade theories?

Q.No. 9 Explain the Modern theory of Factor Endowments under Price and

Physical criterion?

OR

Does Leontief paradox invalidate Hecksher Ohlin theory of international

trade?

Q.No. 10 Critically evaluate the factors affecting the Terms of Trade?

OR

Examine critically the various concepts of Terms of Trade?

Q.No.11 Critically examine the effects of tariffs on (a) the level of employment (b)

income distribution?

OR

Analyse the types and objectives of dumping and measure the effect of

dumping on Indian economy citing cases?

-----------------------------------------------