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1. ¯ÖÆ»Öê ¯ÖéÂ ê ¯Ö¸ ×-ÖµÖÖ Ã£ÖÖ-Ö ¯Ö¸ ¯Ö-ÖÖ ¸Öê»Ö -Ö´²Ö¸ ×»Ö×Ö 2. »ÖÖã ¯ÖÏ¿-Ö Ö£ÖÖ ×-Ö²ÖÓ¬Ö ¯ÖÏ Ö¸ ê ¯ÖÏ¿-ÖÖë ê ¢Ö¸, ¯ÖϵÖê ¯ÖÏ¿-Ö ê -ÖßÖê µÖÖ ¯ÖÏ¿-ÖÖë ê ²ÖÖ¤ ´Öë פµÖê Æã ×¸Ö Ã£ÖÖ-Ö ¯Ö¸ Æß ×»Ö×ÖµÖê ÃÖê ×»Ö Öê Ô ×Ö×¸Ö ÖÖÖ Ö ¯ÖµÖÖê Ö -ÖÆà ¸-ÖÖ Æî 3. ¯Ö¸ßÖÖ ¯ÖÏÖ¸´³Ö ÆÖê-Öê ¯Ö¸, ¯ÖÏ¿-Ö-¯ÖãÛÃÖ Ö Ö¯Ö Öê ¤ê ¤ß ÖÖµÖêÖß ¯ÖÆ»Öê ¯ÖÖÑÖ ×´Ö-Ö Ö¯Ö Öê ¯ÖÏ¿-Ö-¯ÖãÛÃÖ Ö ÖÖê»Ö-Öê Ö£ÖÖ ÃÖ ß ×-Ö´-Ö×»Ö×ÖÖ ÖÖÑÖ ê ×»Ö ×¤µÖê ÖÖµÖëÖê ×ÖÃÖ ß ÖÖÑÖ Ö¯Ö Öê ¾Ö¿µÖ ¸-Öß Æî : (i) ¯ÖÏ¿-Ö-¯ÖãÛÃÖ Ö ÖÖê»Ö-Öê ê ×»Ö ÃÖê ¾Ö¸ ¯ÖêÖ ¯Ö¸ »ÖÖß ÖÖÖ ß ÃÖᯙ Öê ± ÖÍ »Öë Öã»Öß ÆãÔ µÖÖ ×²Ö-ÖÖ Ãß ¸ -ÃÖß»Ö ß ¯ÖãÛÃÖ Ö Ã¾Öß Ö¸ -Ö ¸ë (ii) ¾Ö¸ ¯Öé  ¯Ö¸ ¯Öê ×-Ö¤ì¿ÖÖ-Öã ÃÖÖ¸ ¯ÖÏ ¿-Ö-¯Öã ÛÃÖ Ö ê ¯Öé  ֣ÖÖ ¯ÖÏ ¿-ÖÖë ß ÃÖÓ µÖÖ Öê ß Ö¸Æ Öî ¸ »Öë × µÖê ¯Öæ ¸ê Æï ¤Öê ÂÖ¯Öæ ÖÔ ¯Öã ÛÃÖ Ö ×Ö-Ö´Öë ¯Öé Â/¯ÖÏ ¿-Ö ´Ö ÆÖë µÖÖ ¤ã²ÖÖ¸Ö Ö ÖµÖê ÆÖë µÖÖ ÃÖß׸µÖ»Ö ´Öë -Ö ÆÖë £ÖÖÔ Ö × ÃÖß ³Öß ¯ÖÏ Ö¸ ß ¡Öã ׯÖæ ÖÔ ¯Öã ÛÃÖ Ö Ã¾Öß Ö¸ -Ö ¸ë Ö£ÖÖ ÃÖß ÃÖ´ÖµÖ ÃÖê »ÖÖî Ö ¸ ÃÖê ãÖÖ-Ö ¯Ö¸ ¤æÃÖ¸ß ÃÖÆß ¯ÖÏ ¿-Ö-¯Öã ÛÃÖ Ö »Öê »Öë ÃÖê ×»Ö Ö¯Ö Öê ¯ÖÖÑ Ö ×´Ö-Ö ×¤µÖê ÖÖµÖë Öê ÃÖê ²ÖÖ¤ -Ö ÖÖê Ö¯Ö ß ¯ÖÏ¿-Ö-¯Öã ÛÃÖ Ö ¾ÖÖ¯ÖÃÖ »Öß ÖÖµÖê Öß Öî ¸ -Ö Æß Ö¯Ö Öê ×Ö×¸Ö ÃÖ´ÖµÖ ×¤µÖÖ ÖÖµÖê ÖÖ 4. -¤¸ פµÖê ÖµÖê ×-Ö¤ì¿ÖÖë Öê ¬µÖÖ-Ö¯Öæ¾ÖÔ ¯ÖÍë 5. ¢Ö¸-¯ÖãÛÃÖ Ö ê -Ö ´Öë ÖÖ Ö´Ö (Rough Work) ¸-Öê ê ×»Ö ´Ö滵ÖÖÓ -Ö ¿Öß ÃÖê ¯ÖÆ»Öê ¯Öé פµÖÖ ÆãÖ Æî 6. µÖפ Ö¯Ö ¢Ö¸-¯ÖãÛÃÖ Ö ¯Ö¸ ¯Ö-ÖÖ -ÖÖ´Ö µÖÖ êÃÖÖ ÖêÔ ³Öß ×-Ö¿ÖÖ-Ö ×ÖÃÖÃÖê Ö¯Ö ß ¯ÖÆÖÖ-Ö ÆÖê ÃÖê , × ÃÖß ³Öß ³ÖÖÖ ¯Ö¸ ¤¿ÖÖÔÖê µÖÖ Ó× Ö ¸Öê Æï ÖÖê ¯Ö¸ßÖÖ ê ×»ÖµÖê µÖÖêµÖ ÖÖê×ÂÖÖ ¸ פµÖê ÖÖµÖëÖê 7. Ö¯Ö Öê ¯Ö¸ßÖÖ ÃÖ´ÖÖ¯Ö ÆÖê-Öê ¯Ö¸ ¢Ö¸ -¯ÖãÛÃÖ Ö ×-Ö¸ßÖ ´ÖÆÖê¤µÖ Öê »ÖÖîÖ-ÖÖ Ö¾Ö¿µÖ Æî Öî¸ ÃÖê ¯Ö¸ßÖÖ ÃÖ´ÖÖÛ¯Ö ê ²ÖÖ¤ ¯Ö-Öê ÃÖÖ£Ö ¯Ö¸ßÖÖ ³Ö¾Ö-Ö ÃÖê ²ÖÖƸ -Ö »Öê ¸ ÖÖµÖë 8. ê ¾Ö»Ö -Öß»Öê / Ö»Öê ²ÖÖ»Ö ¯¾ÖÖÕ ¯Öî -Ö Ö Æß ÃÖê ´ÖÖ»Ö ¸ë 9. × ÃÖß ³Öß ¯ÖÏ Ö¸ Ö ÃÖÓ ÖÖ (î »Öã »Öê ¸) µÖÖ »ÖÖÖ ê²Ö»Ö Öפ Ö ¯ÖϵÖÖê Ö ¾ÖÙÖÖ Æî 1. Write your roll number in the space provided on the top of this page. 2. Answer to short answer/essay type questions are to be given in the space provided below each question or after the questions in the Test Booklet itself. No Additional Sheets are to be used. 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) To have access to the Question Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. (ii) Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the Question Booklet will be replaced nor any extra time will be given. 4. Read instructions given inside carefully. 5. One page is attached for Rough Work at the end of the booklet before the Evaluation Sheet. 6. If you write your name or put any mark on any part of the Answer Sheet, except for the space allotted for the relevant entries, which may disclose your identity, you will render yourself liable to disqualification. 7. You have to return the test booklet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. 8. Use only Blue/Black Ball point pen. 9. Use of any calculator or log table etc., is prohibited. J-0110 P.T.O. Signature and Name of Invigilator Roll No. (In words) 1. (Signature) __________________________ (Name) ____________________________ 2. (Signature) __________________________ (Name) ____________________________ Roll No.____________________________ J PAPER-III Test Booklet No. [Maximum Marks : 200 Time : 2 1 / 2 hours] Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 26 Instructions for the Candidates ¯Ö¸ßÖÖÙ£ÖµÖÖë ê ×»Ö ×-Ö¤ì¿Ö (In figures as per admission card) ECONOMICS 01 1 0 www.examrace.com

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1. ¯ÖÆ»Öê ¯ÖéÂ� �ê � ¯Ö¸ ×­ÖµÖ�Ö Ã£ÖÖ­Ö ¯Ö¸ �¯Ö­ÖÖ ¸Öê»Ö ­Ö´²Ö¸ ×»Ö×�Ö� �

2. »Ö�Öã ¯ÖÏ¿­Ö �Ö£ÖÖ ×­Ö²ÖÓ¬Ö ¯ÖÏ� Ö¸ �ê ¯ÖÏ¿­ÖÖë �ê �¢Ö¸, ¯ÖÏ�µÖê� ¯ÖÏ¿­Ö �ê ­Öß�Öê µÖÖ¯ÖÏ¿­ÖÖë �ê ²ÖÖ¤ ´Öë פµÖê Æã� ׸��Ö Ã£ÖÖ­Ö ¯Ö¸ Æß ×»Ö×�ÖµÖê �

�ÃÖ�ê ×»Ö� � Öê�Ô �×�Ö׸��Ö � Ö�Ö�Ö � Ö �¯ÖµÖÖê�Ö ­ÖÆà � ¸­ÖÖ Æî �

3. ¯Ö¸ß�ÖÖ ¯ÖÏÖ¸´³Ö ÆÖê­Öê ¯Ö¸, ¯ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö �Ö¯Ö� Öê ¤ê ¤ß �ÖÖµÖê�Öß � ¯ÖÆ»Öê ¯ÖÖÑ�Ö×´Ö­Ö� �Ö¯Ö� Öê ¯ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö �ÖÖê»Ö­Öê �Ö£ÖÖ �ÃÖ� ß ×­Ö´­Ö×»Ö×�Ö�Ö �ÖÖÑ�Ö �ê×»Ö� פµÖê �ÖÖµÖë�Öê ×�ÖÃÖ� ß �ÖÖÑ�Ö �Ö¯Ö� Öê �¾Ö¿µÖ � ¸­Öß Æî :

(i) ¯ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö �ÖÖê»Ö­Öê �ê ×»Ö� �ÃÖ�ê � ¾Ö¸ ¯Öê�Ö ¯Ö¸ »Ö�Öß � Ö�Ö�Ö � ßÃÖᯙ � Öê ± Ö�Í »Öë � �Öã»Öß Æã�Ô µÖÖ ×²Ö­ÖÖ Ã�ß� ¸-ÃÖᯙ � ß ¯ÖãÛÃ�Ö� ÖþÖß� Ö¸ ­Ö � ¸ë �

(ii) � ¾Ö¸ ÖéÂ� Ö¸ �¯Öê ×­Ö¤ì¿ÖÖ­ÖãÃÖÖ¸ ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö �ê ÖéÂ� �Ö£ÖÖ ÖÏ¿­ÖÖë� ß ÃÖÓ�µÖÖ � Öê ���ß �Ö¸Æ �Öî� � ¸ »Öë ×� µÖê ¯Öæ ê Æï � ¤ÖêÂÖ¯Öæ�ÖÔ¯ÖãÛÃ�Ö� Ö ×�Ö­Ö´Öë ÖéÂ�/¯ÖÏ¿­Ö � ´Ö ÆÖë µÖÖ ¤ã²ÖÖ¸Ö �Ö �ÖµÖê ÆÖë µÖÖ ÃÖß׸µÖ»Ö´Öë ­Ö ÆÖë �£ÖÖÔ�Ö ×� ÃÖß ³Öß ¯ÖÏ� Ö¸ � ß ¡Öã×�¯Öæ�ÖÔ ¯ÖãÛÃ�Ö� Ö Ã¾Öß� Ö¸ ­Ö� ë �Ö£ÖÖ �ÃÖß ÃÖ´ÖµÖ �ÃÖê »ÖÖî�Ö� ¸ �ÃÖ�ê ãÖÖ­Ö ¯Ö¸ ¤æÃÖ¸ß ÃÖÆ߯ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö »Öê »Öë � �ÃÖ�ê ×»Ö� �Ö¯Ö� Öê ÖÖÑ�Ö ×´Ö­Ö� פµÖê �ÖÖµÖë�Öê ��ÃÖ�ê ²ÖÖ¤ ­Ö �ÖÖê �Ö¯Ö� ß ÖÏ¿­Ö-¯ÖãÛÃ�Ö� Ö ¾ÖÖ¯ÖÃÖ »Öß �ÖÖµÖê�Öß �Öî ­ÖÆß �Ö¯Ö� Öê �×�Ö׸��Ö ÃÖ´ÖµÖ ×¤µÖÖ �ÖÖµÖê�ÖÖ �

4. �­¤¸ פµÖê �ÖµÖê ×­Ö¤ì¿ÖÖë � Öê ¬µÖÖ­Ö¯Öæ¾ÖÔ� ¯Ö�Íë �

5. �¢Ö¸-¯ÖãÛÃ�Ö� Ö � ê �­�Ö ´Öë � ��ÖÖ � Ö´Ö (Rough Work) � ¸­Öê �ê ×»Ö�´Ö滵ÖÖÓ� ­Ö ¿Öß� ÃÖê ¯ÖÆ»Öê �� ¯ÖéÂ� פµÖÖ Æã�Ö Æî �

6. µÖפ �Ö¯Ö �¢Ö¸-¯ÖãÛÃ�Ö� Ö ¯Ö¸ �¯Ö­ÖÖ ­ÖÖ´Ö µÖÖ �êÃÖÖ � Öê�Ô ³Öß ×­Ö¿ÖÖ­Ö ×�ÖÃÖÃÖê�Ö¯Ö� ß ¯ÖÆ�ÖÖ­Ö ÆÖê ÃÖ�ê , ×� ÃÖß ³Öß ³ÖÖ�Ö ¯Ö¸ ¤¿ÖÖÔ�Öê µÖÖ �Ó×� �Ö � ¸�Öê Æï �ÖÖê¯Ö¸ß�ÖÖ �ê ×»ÖµÖê �µÖÖê�µÖ �ÖÖê×ÂÖ�Ö � ¸ פµÖê �ÖÖµÖë�Öê �

7. �Ö¯Ö� Öê Ö¸ß�ÖÖ ÃÖ´ÖÖ¯�Ö ÆÖê­Öê Ö¸ �¢Ö¸-¯ÖãÛÃ�Ö� Ö ×­Ö¸ß�Ö� ÖÆÖê¤µÖ � Öê »ÖÖî�Ö­ÖÖ�Ö¾Ö¿µÖ� Æî �Öî¸ �ÃÖê ¯Ö¸ß�ÖÖ ÃÖ´ÖÖÛ¯�Ö �ê ²ÖÖ¤ �¯Ö­Öê ÃÖÖ£Ö ¯Ö¸ß�ÖÖ ³Ö¾Ö­Ö ÃÖê²ÖÖƸ ­Ö »Öê� ¸ �ÖÖµÖë �

8. �ê ¾Ö»Ö ­Öß»Öê/� Ö»Öê ²ÖÖ»Ö ¾ÖÖ�Õ� Öî­Ö � Ö Æß �Ã�Öê ÖÖ»Ö � ë �

9. ×� ÃÖß ³Öß ¯ÖÏ� Ö¸ � Ö ÃÖÓ�Ö�Ö� (�î »Ö�ã »Öê�¸) µÖÖ »ÖÖ�Ö �ê²Ö»Ö �Öפ � Ö¯ÖϵÖÖê�Ö ¾ÖÙ�Ö�Ö Æî �

1. Write your roll number in the space provided on the topof this page.

2. Answer to short answer/essay type questions are to begiven in the space provided below each question orafter the questions in the Test Booklet itself.

No Additional Sheets are to be used.

3. At the commencement of examination, the questionbooklet will be given to you. In the first 5 minutes, youare requested to open the booklet and compulsorilyexamine it as below :

(i) To have access to the Question Booklet, tear off thepaper seal on the edge of this cover page. Do notaccept a booklet without sticker-seal and do notaccept an open booklet.

(ii) Tally the number of pages and number of questionsin the booklet with the information printed on thecover page. Faulty booklets due to pages/questionsmissing or duplicate or not in serial order or anyother discrepancy should be got replacedimmediately by a correct booklet from theinvigilator within the period of 5 minutes.Afterwards, neither the Question Booklet will bereplaced nor any extra time will be given.

4. Read instructions given inside carefully.

5. One page is attached for Rough Work at the end of thebooklet before the Evaluation Sheet.

6. If you write your name or put any mark on any part ofthe Answer Sheet, except for the space allotted for therelevant entries, which may disclose your identity, youwill render yourself liable to disqualification.

7. You have to return the test booklet to the invigilators atthe end of the examination compulsorily and must notcarry it with you outside the Examination Hall.

8. Use only Blue/Black Ball point pen.

9. Use of any calculator or log table etc., is prohibited.

J-0110 P.T.O.

Signature and Name of Invigilator Roll No.

(In words)

1. (Signature) __________________________

(Name) ____________________________

2. (Signature) __________________________

(Name) ____________________________

Roll No.____________________________

J

PAPER-III

Test Booklet No.

[Maximum Marks : 200Time : 2 1/2 hours]

Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 26

Instructions for the Candidates ¯Ö¸ß�ÖÖÙ£ÖµÖÖë �ê ×»Ö� ×­Ö¤ì¿Ö

(In figures as per admission card)

ECONOMICS

0 1 1 0

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Page 2: Paper 3 June 2010

J-0110 2

ECONOMICS

† £Ö Ô¿ ÖÖ Ã ¡Ö

PAPER – III

¯Ö Ï¿ −Ö ¯Ö ¡Ö – III

Note : This paper is of two hundred (200) marks, containing four (4) sections. Candidates

are required to attempt the questions contained in the section.

−ÖÖê™ : µÖÆü ¯ÖÏ¿−Ö¯Ö¡Ö ¤ Öê à ÖÖî (2 0 0 ) †Ó úÖë úÖ Æîü ‹¾ÖÓ ‡ÃÖ´Öë “ ÖÖ¸ (4 ) �ÖÓ›ü Æïü … †³µÖÙ£ÖµÖÖë úÖê ‡−Ö´Öë ÃÖ´ÖÖ×ÆüŸÖ ¯ÖÏ¿−ÖÖë êú ˆ¢Ö ü †»Ö$Ö ×¤üµÖê $ÖµÖê ×¾ÖßÖéŸÖ ×−Ö¤ì¿ÖÖë êú †−ÖãÃÖÖ¸ü ¤êü−ÖÖ Æîü …

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J-0110 3 P.T.O.

SECTION – I

�Ö�› – I

Note : This section consists of two essay type of questions of twenty (20) marks each, to be

answered in about five hundred (500) words each. (2 ×× 20 = 40 marks) −ÖÖê™ : ‡ÃÖ �ÖÓ›ü ´Öë ² Ö ß Ã Ö-²Ö ßÃ Ö †Ó úÖë êú ¤ Öê ×−Ö²Ö−¬ÖÖŸ´Ö ú ¯ÖÏ¿−Ö Æïü … ¯ÖÏŸµÖê ú úÖ ˆ¢Ö¸ü »Ö$Ö³Ö$Ö ¯ÖÖÑ“ Ö Ã ÖÖî (5 00 ) ¿Ö²¤Öë ´Öë

†¯Öê×+ÖŸÖ Æîü … (2 × 20 = 40 † Ó# )

1. What are the causes of recent global financial crisis ? What has been its impact on

growth, employment and money markets in India ? Describe the measures adopted in

India to combat it ?

ÆÖ»Ö Æüß êú ×¾Ö¿¾Ö¾µÖÖ¯Öß ×¾Ö¢ÖßµÖ ÃÖÓ ú™ü êú úÖ¸.Ö ŒµÖÖ Æïü ? ‡ÃÖ úÖ ³ÖÖ¸üŸÖ ´Öë ÃÖÓ¾Öéרü, ¸üÖê•Ö$ÖÖ¸ü ‹¾ÖÓ ´Öã¦Ö ²ÖÖ•ÖÖ¸Öë ¯Ö¸ü ŒµÖÖ ¯ÖϳÖÖ¾Ö ¯Ö›ÍÖ ? ‡ÃÖ êú ÃÖÖ£Ö •Öæ—Ö−Öê êú ×»Ö‹ ³ÖÖ¸üŸÖ −Öê •ÖÖê ˆ¯ÖÖµÖ × ú‹ Æïü ˆ−Ö úÖ ˆ»»Öê�Ö úßו֋ …

O R / † £Ö¾ÖÖ Describe the major new economic reforms introduced in India since 1991. Also

examine their effects on the performance of different sectors of the Indian economy.

³ÖÖ¸üŸÖ ´Öë 1991 ÃÖê •ÖÖê ´Öã�µÖ −ÖæŸÖ−Ö †ÖÙ£Ö ú ÃÖã¬ÖÖ¸ü × ú‹ $Ö‹ ˆ−Ö úÖ ˆ»»Öê�Ö ú ëü †Öî ü †£ÖÔ¾µÖ¾ÖãÖÖ êú ׳Ö−−Ö +Öê¡ÖÖë êú ×−Ö¯ÖÖ¤ü−Ö ¯Ö¸ü ˆ−Ö êú ¯ÖϳÖÖ¾ÖÖë úß ¯Ö¸ß+ÖÖ úßו֋ …

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J-0110 4

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J-0110 5 P.T.O.

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J-0110 6

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2. Differentiate between foreign direct investment and portfolio investment by foreign

institutional investors. Discuss the factors that determine foreign direct investment

inflows in a developing country, like India.

×¾Ö¤êü¿Öß ¯ÖÏŸµÖ+Ö ×−Ö¾Öê¿Ö ŸÖ£ÖÖ ×¾Ö¤ê¿Öß ÃÖÖÓãÖÖ×−Ö ú ×−Ö¾Öê¿Ö úÖë «üÖ¸Ö × úµÖê •ÖÖ−Öê ¾ÖÖ»Öê ¯ÖÖê™Ô±úÖê×»ÖµÖÖê ×−Ö¾Öê¿Ö êú ²Öß“Ö †−ŸÖ ü úßו֋ … ³ÖÖ¸üŸÖ •ÖîÃÖê ×¾Ö úÖÃÖ¿Öᯙ ¤ê¿Ö ´Öë ×¾Ö¤êü¿Öß ¯ÖÏŸµÖ+Ö ×−Ö¾Öê¿Ö †−ŸÖ¾ÖÖÔÆü úÖê úÖî−Ö ÃÖê úÖ ü ú ×−Ö¬ÖÖÔ׸üŸÖ ú¸üŸÖê Æïü ?

O R / † £Ö¾ÖÖ

Explain the growth and productivity trends in Indian agriculture since 1991. Also

suggest measures to improve productivity of agriculture in India.

³ÖÖ¸üŸÖßµÖ éú×ÂÖ ´Öë 1991 ÃÖê ÃÖÓ¾Öéרü ‹¾ÖÓ ˆŸ¯ÖÖ¤ úŸÖÖ úß ¯ÖϾÖé×¢ÖµÖÖë úß ¾µÖÖ�µÖÖ úßו֋ … ³ÖÖ¸üŸÖ ´Öë éú×ÂÖ úß ˆŸ¯ÖÖ¤ úŸÖÖ ´Öë ÃÖã¬ÖÖ¸ü »ÖÖ−Öê êú ˆ¯ÖÖµÖ ³Öß ÃÖã—ÖÖ‡µÖê …

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J-0110 7 P.T.O.

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J-0110 8

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J-0110 9 P.T.O.

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SECTION – II

�Ö�› – II Note : This section contains three (3) questions. From each of the elective/specialization,

the candidate has to choose only one elective/specialization and answer all the three

questions from it. Each question carries fifteen (15) marks and is to be answered in

about three hundred (300) words. (3 × 15 = 45 marks)

−ÖÖê™ : ‡ÃÖ �ÖÓ›ü ´Öë ¯ÖÏŸµÖê ú ‹êÛ“”û ú ‡ úÖ‡Ô / ×¾Ö¿ÖêÂÖ–ÖŸÖÖ ÃÖê ŸÖ ß −Ö (3 ) ¯ÖÏ¿−Ö Æïü … †³µÖ£Öá úÖê êú¾Ö»Ö ‹# ‹êÛ“”û ú ‡ úÖ‡Ô / ×¾Ö¿ÖêÂÖ–ÖŸÖÖ úÖê “Öã−Ö ú¸ü ˆÃÖß êú ŸÖ ß −Ö Öë ¯ÖÏ¿−ÖÖë úÖ ˆ¢Ö¸ü ¤êü−ÖÖ Æîü … ¯ÖÏŸµÖê ú ¯ÖÏ¿−Ö ¯Ö−¦ Æ (1 5 ) †Ó úÖë úÖ Æîü ¾Ö ˆÃÖ úÖ ˆ¢Ö¸ü »Ö$Ö³Ö$Ö ŸÖß−Ö Ã ÖÖî (3 00 ) ¿Ö²¤üÖë ´Öë †¯Öê×+ÖŸÖ Æîü … (3 × 15 = 45 † Ó# )

El ecti ve – I ×¾Ö# »¯Ö – I

3. What is meant by multicollinearity ? How does it affect the OLS estimation process ?

Discuss the two methods of detect it and suggest the remedial measures.

²ÖÆãüÃÖÓ ê×�Ö úŸÖÖ úÖ ŒµÖÖ †£ÖÔ Æîü ? µÖÆü †Öê.‹»Ö.‹ÃÖ. †Ö ú»Ö−Ö ¯ÖÏ× ÎúµÖÖ úÖê × úÃÖ ¯ÖÏ úÖ¸ü ¯ÖϳÖÖ×¾ÖŸÖ ú¸üŸÖÖ Æîü ? ˆÃÖ úß ¯ÖÆ“ÖÖ−Ö ú¸ü−Öê êú ×»Ö‹ ¤Öê ×¾Ö׬ֵÖÖë úß ×¾Ö¾Öê“Ö−ÖÖ úßו֋ †Öî ü ˆ¯Ö“ÖÖ¸ß ˆ¯ÖÖµÖ ²ÖŸÖÖ‡‹ …

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4. (i) Explain the effects of applying the single equation estimation method to an

equation belonging to a system of simultaneous equations model. Also discuss

how the quality of parameter estimators is improved through the application of

an alternative method of estimation.

(ii) Consider the following model, given in deviation form :

y1 = b1y2 + u ………. (i)

y2 = c1y1 + c2x1 + c3x2 + v …….. (ii)

Use data, given in deviation form, below, and apply the two stage least square

method to estimate the first equation :

y1 : – 5 0 3 2

y2 : 2 3 1 – 6

x1 : – 2 –1 0 3

x2 : – 2 3 – 2 1

(i) µÖã$Ö¯Ö¤ü ÃÖ´Öß ú¸.Ö ´ÖÖò›»Ö êú ÃÖ´Öß ú¸.Ö ¯Ö¸ü ‹ ú»Ö ÃÖ´Öß ú¸.Ö †Ö ú»Ö−Ö ¯Ö¨×ŸÖ úß †−Öã ÖϵÖãÛŒŸÖ êú ¯ÖϳÖÖ¾ÖÖë úß ¾µÖÖ�µÖÖ úßו֋ †Öî ü †Ö ú»Ö−Ö úß ¾Öî úÛ»¯Ö ú ¯Ö¨ü×ŸÖ úß ¯ÖϵÖãÛŒŸÖ êú ´ÖÖ¬µÖ´Ö ÃÖê ¯ÖÏÖ“Ö»Ö †Ö ú»Ö ú úß $Öã.Ö¾Ö¢ÖÖ × úÃÖ ¯ÖÏ úÖ ü ÃÖã¬Ö¸üŸÖß Æî, ×¾Ö¾Öê“Ö−ÖÖ úßו֋ …

(ii) ×¾Ö“Ö»Ö−Ö êú ºþ¯Ö ´Öë פü‹ ×−Ö´−ÖÖÓ× úŸÖ ´ÖÖò›ü»Ö úÖê ¤êü�Öë : y1 = b1y2 + u ………. (i)

y2 = c1y1 + c2x1 + c3x2 + v …….. (ii)

−Öß“Öê, ×¾Ö“Ö»Ö−Ö êú ºþ¯Ö ´Öë פ‹ †ÖÑ ú›Íêü úÖ ¯ÖϵÖÖê$Ö ú ëü †Öî ü ¯ÖÏ£Ö´Ö ÃÖ´Öß ú¸ü.Ö úÖ †Ö ú»Ö−Ö ú¸ü−Öê êú ×»Ö‹ ׫ü-ßָüßµÖ −µÖæ−ÖŸÖ´Ö ¾Ö$ÖÔ ¯Ö¨ü×ŸÖ (™æü Ùêü•Ö »ÖßÙü ÃŒ¾ÖîµÖ¸ü) úÖ †−Öã ÖϵÖÖê$Ö ú¸ëü :

y1 : – 5 0 3 2

y2 : 2 3 1 – 6

x1 : – 2 – 1 0 3

x2 : – 2 3 – 2 1

5. (i) What is a dummy variable ? Explain its use in capturing a change in a slope

co-efficient in a regression model. Use an illustrative example.

(ii) What do you understand by unit roots ? Discuss their uses in time series

analysis.

(i) ´Öæ ú µÖÖ †Ö³ÖÖÃÖß “Ö¸ü ŒµÖÖ Æîü ? ¯ÖÏŸÖ߯Ö$Ö´Ö−Ö ´ÖÖò›»Ö ´Öë ¯ÖϾÖ.ÖŸÖÖ $Öã.Ö ú ´Öë ¯Ö׸¾ÖŸÖÔ−Ö •ÖÖ−Ö−Öê êú ×»ÖµÖê ˆÃÖ êú ¯ÖϵÖÖê$Ö úß ¾µÖÖ�µÖÖ úßו֋ … ˆ¤ÖÆü¸.Ö êú ˆ¯ÖµÖÖê$Ö «üÖ¸Ö ¤¿ÖÖÔ‡µÖê …

(ii) µÖæ×−Ö™ü ºþ™ÃÖË ÃÖê †Ö¯Ö ŒµÖÖ ÃÖ´Ö—ÖŸÖê Æïü ? úÖ»Ö-ÁÖê.Öß ×¾Ö¿»ÖêÂÖ.Ö ´Öë ˆ−Ö êú ¯ÖϵÖÖê$ÖÖë úß ×¾Ö¾Öê“Ö−ÖÖ úßו֋ … El ecti ve – II

×¾Ö# »¯Ö – II

3. What do you understand by decomposition of price effect into substitution effect and

income effect ? Show diagrammatically, how it can be applied to compare cash relief

with the subsidy involving equivalent cost.

úß´ÖŸÖ ¯ÖϳÖÖ¾Ö êú ¯ÖÏןÖãÖÖ¯Ö−Ö ¯ÖϳÖÖ¾Ö ŸÖ£ÖÖ †ÖµÖ ¯ÖϳÖÖ¾Ö ´Öë ×¾Ö‘Ö™ü−Ö ÃÖê †Ö¯Ö ŒµÖÖ ÃÖ´Ö—ÖŸÖê Æïü ? ×“Ö¡Ö úß ÃÖÆÖµÖŸÖÖ ÃÖê ¤ü¿ÖÖÔ‡µÖê × ú −Ö$Ö¤ü ¸ÖÆüŸÖ ŸÖ£ÖÖ ÃÖ´ÖŸÖã»µÖ »ÖÖ$ÖŸÖ ¾ÖÖ»Öß ×¸üµÖÖµÖŸÖß ´Ö滵ÖÖë ¯Ö¸ü ¾ÖßÖãµÖë ˆ¯Ö»Ö²¬Ö ú¸üÖ−Öê úß µÖÖê•Ö−ÖÖ úß ŸÖã»Ö−ÖÖ ´Öë ‡ÃÖ úÖê × úÃÖ ¯ÖÏ úÖ¸ü †−Öã ÖϵÖãŒŸÖ × úµÖÖ •ÖÖŸÖÖ Æîü ?

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4. Explain how does Samuelson’s accelerator-multiplier interaction generate trade cycle.

ÃÖî µÖã»ÖÃÖ−Ö úß Ÿ¾Ö¸ ú-$Öã.ÖÖÓ ú †ÓŸÖÙ ÎúµÖÖ × úÃÖ ¯ÖÏ úÖ¸ ¾µÖÖ¯ÖÖ¸ü “Ö ÎúÖë úÖê ˆŸ¯Ö−−Ö ú¸üŸÖß Æîü ? ¾µÖÖ�µÖÖ úßו֋ … 5. Explain the Harrod Domar conditions for warranted rate of growth.

†³Öß™ü (µÖÖ ÃÖ´ÖÙ£ÖŸÖ) ÃÖÓ¾Öéרü ¤ü ü êú ×»ÖµÖê Æêü¸Öê›ü-›üÖê Ö¸ü ¿ÖŸÖÖí úÖê ïÖ™ü úßו֋ … El ecti ve – III

×¾Ö# »¯Ö – III

3. Discuss the collapse of Brettonwoods system in 1971.

1971 ´Öë ²ÖÎê™ü−Ö¾Öã›ü ¾µÖ¾ÖãÖÖ êú ¯ÖŸÖ−Ö ÆÖê−Öê úß ×¾Ö¾Öê“Ö−ÖÖ úßו֋ … 4. Discuss emergence of world trading system and the main reasons for its distortions.

×¾Ö¿¾Ö úÖ¸üÖê²ÖÖ¸üß ¾µÖ¾ÖãÖÖ êú ˆ¤Ë³Ö¾Ö úß †Öî ü ˆÃÖ úß ×¾Ö éúןֵÖÖë êú ×»Ö‹ וִ´Öê¤Ö¸ü ´Öã�µÖ úÖ¸.ÖÖë úß ×¾Ö¾Öê“Ö−ÖÖ úßו֋ …

5. What were the characteristics of globalization in the first phase ? Explain their impact

on export sector of the developing countries.

¾ÖÖß ú¸.Ö êú ¯ÖÏ£Ö´Ö “Ö¸ü.Ö úß ŒµÖÖ ×¾Ö¿ÖêÂÖŸÖÖ‹Ñ £Öà ? ×¾Ö úÖÃÖ¿Öᯙ ¤êü¿ÖÖë êú ×−ÖµÖÖÔŸÖ +Öê¡ÖÖë ¯Ö¸ü ˆ−Ö êú ¯ÖϳÖÖ¾Ö úß ¾µÖÖ�µÖÖ úßו֋ …

El ecti ve – IV

×¾Ö# »¯Ö – IV

3. What is agricultural price policy ? How is it useful to control the market prices in

India ?

éú×ÂÖ úß´ÖŸÖ −Öß×ŸÖ ŒµÖÖ Æîü ? ³ÖÖ¸üŸÖ ´Öë ²ÖÖ•ÖÖ¸ü úß´ÖŸÖÖë úÖê ×−ÖµÖÛ−¡ÖŸÖ ú¸ü−Öê êú ×»ÖµÖê µÖÆü × úÃÖ ¯ÖÏ úÖ¸ü »ÖÖ³Ö¯ÖϤü Æîü ? 4. How does WTO help sustainable agricultural development in India ?

³ÖÖ¸üŸÖ ´Öë ¬ÖÖ¸.ÖßµÖ éú×ÂÖ ×¾Ö úÖÃÖ úß, ×¾Ö¿¾Ö ¾µÖÖ¯ÖÖ¸ü ÃÖÓ$Öšü−Ö (WTO) × úÃÖ ¯ÖÏ úÖ¸ü ÃÖÆüÖµÖŸÖÖ ú¸üŸÖÖ Æîü ? 5. Briefly explain the role of agrarian reforms in agricultural development in India.

³ÖÖ¸üŸÖ ´Öë éú×ÂÖ ×¾Ö úÖÃÖ ´Öë éú×ÂÖ ú µÖÖ ³Öæ-ÃÖ´²Ö−¬Öß ÃÖã¬ÖÖ¸Öë úß ³Öæ×´Ö úÖ úß ÃÖÓ+Öê Ö ´Öë ¾µÖÖ�µÖÖ úßו֋ … El ecti ve – V

×¾Ö# »¯Ö – V

3. ‘Economic planning in India has failed to achieve its major objectives.’ Discuss.

What changes in strategies would you recommend for making economic planning

more effective in a liberalized economic environment in the country ?

“³ÖÖ¸üŸÖ ´Öë †ÖÙ£Ö ú ×−ÖµÖÖê•Ö−Ö †¯Ö−Öê ´Öã�µÖ ˆ§ê¿µÖÖë úÖê ¯ÖÏÖ¯ŸÖ ú¸ü−Öê ´Öë †ÃÖ±ú»Ö üÆÖ Æîü …” ×¾Ö¾Öê“Ö−ÖÖ úßו֋ … ¤êü¿Ö ´Öë ¾µÖÖ¯ŸÖ ˆ¤üÖ¸üß éúŸÖ †ÖÙ£Ö ú ¾ÖÖŸÖÖ¾Ö¸ü.Ö ´Öë •µÖÖ¤Ö ¯ÖϳÖÖ¾Ö¿Öᯙ †ÖÙ£Ö ú ×−ÖµÖÖê•Ö−Ö ²Ö−ÖÖ−Öê êú ×»Ö‹ †Ö¯Ö ŒµÖÖ ÃÖã—ÖÖ¾Ö ¤ëü$Öê ?

4. Critically examine the salient features of strategy of poverty alleviation adopted in

India, since independence.

þ֟Ö−¡ÖŸÖÖ êú ²ÖÖ¤ü ÃÖê ³ÖÖ¸üŸÖ ´Öë ×−Ö¬ÖÔ−ÖŸÖÖ ú´Ö ú¸ü−Öê êú ×»Ö‹ †¯Ö−ÖÖ‡Ô ¸ü.Ö−Öß×ŸÖ úß ´Öã�µÖ ×¾Ö¿ÖêÂÖŸÖÖ†Öë úß ÃÖ´Öß+ÖÖ úßו֋ …

5. Describe the main financial sector reforms undertaken by the Government of India

since 1991. Examine their impact on the development of the banking sector and

capital markets in the country.

³ÖÖ¸üŸÖ úß ÃÖ¸ úÖ¸ü «üÖ¸üÖ 1991 êú ²ÖÖ¤ü ÃÖê × ú‹ $Ö‹ ×¾Ö¢ÖßµÖ +Öê¡Ö êú ÃÖã¬ÖÖ¸Öë úÖ ¾Ö.ÖÔ−Ö úßו֋ … ¤êü¿Ö ´Öë ²ÖïØ ú$Ö +Öê¡Ö ‹¾ÖÓ ¯ÖæÑ•Öß ²ÖÖ•ÖÖ¸üÖë ¯Ö ü ˆ−Ö êú ¯ÖϳÖÖ¾Ö úß ¯Ö¸ß+ÖÖ úßו֋ …

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SEC TION – III

�Ö�› – III

Note : This section contains nine (9) questions of ten (10) marks, each to be answered in

about fifty (50) words. (9 × 10 = 90 marks)

−ÖÖê™ : ‡ÃÖ �ÖÓ›ü ´Öë ¤ à Ö-¤ Ã Ö (1 0 -10 ) †Ó úÖë êú −ÖÖî (9 ) ¯ÖÏ¿−Ö Æïü … ¯ÖÏŸµÖê ú ¯ÖÏ¿−Ö úÖ ˆ¢Ö¸ü »Ö$Ö³Ö$Ö ¯Ö“ ÖÖÃ Ö (50 ) ¿Ö²¤üÖë ´Öë †¯Öê×+ÖŸÖ Æîü … (9 × 10 = 90 † Ó# )

6. What are the main points of Baumol’s Sales maximization model of the firm ?

±ú´ÖÔ êú ²ÖÖò ÖÖê»Ö ×¾Ö ÎúµÖ †×¬Ö úŸÖ´Öß ú¸.Ö ´ÖÖò›ü»Ö úß ´Öã�µÖ ²ÖÖŸÖë ŒµÖÖ Æïü ?

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J-0110 18

7. Why does the IS curve slope down ?

×−Ö¾Öê¿Ö-²Ö“ÖŸÖ (IS) ¾Ö Îú úß œüÖ»Ö −Öß“Öê úß †Öê ü ŒµÖÖë ÆÖêŸÖß Æîü ?

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8. Define and distinguish between inclusive economic growth and the economic

development.

†ÓŸÖ¾Öì¿Öß †ÖÙ£Ö ú ÃÖÓ¾Öéרü †Öî ü †ÖÙ£Ö ú ×¾Ö úÖÃÖ êú ²Öß“Ö †−ŸÖ¸ü úßו֋ †Öî ü ˆÃÖ úß ¾µÖÖ�µÖÖ úßו֋ …

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9. State the main recommendations of the Twelfth Finance Commission of India.

³ÖÖ¸üŸÖ êú 12¾Öë ×¾Ö¢Ö †ÖµÖÖê$Ö úß ÃÖÓßÖãןֵÖÖë úÖ ¾Ö.ÖÔ−Ö úßו֋ …

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10. How is monetary approach to Balance of Payments different from traditional

approach ?

³Öã$ÖŸÖÖ−Ö ÃÖÓŸÖã»Ö−Ö êú ¯ÖÖ ü´¯Ö׸ ú ˆ¯ÖÖ$Ö´Ö ÃÖê ´ÖÖîצ ú ˆ¯ÖÖ$Ö´Ö × úÃÖ ¯ÖÏ úÖ¸ü ׳Ö−−Ö Æîü ?

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11. State main contents of Sergeant Florence theory of industrial location.

†ÖîªÖê×$Ö ú †¾ÖÛãÖ×ŸÖ úß ÃÖÖ•Öì−™ü °»ÖÖê ëÃÖ £µÖÖê ß úß ´Öã�µÖ ×¾ÖÂÖµÖ¾ÖßÖã ²ÖŸÖÖ‡‹ …

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12. Explain environment as a public good.

ÃÖÖ¾ÖÔ•Ö×−Ö ú ¾ÖßÖã êú ºþ¯Ö ´Öë ¯ÖµÖÖÔ¾Ö¸ü.Ö úß ¾µÖÖ�µÖÖ úßו֋ …

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13. What are the problems of agricultural labour in India ?

³ÖÖ¸üŸÖ ´Öë éú×ÂÖ ÁÖ´Ö úß ÃÖ´ÖõÖÖµÖë ŒµÖÖ Æïü ?

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14. The lines of regression of a bi-variate model are :

8x – 10y + 66 = 0 (y on x)

40x – 18y = 214 (x on y)

The variance of x = 9. Find

(a) Mean values of x and y

(b) Correlation coefficient between x and y

(c) Standard deviation of y

׫“Ö¸ü ¯ÖÏŸÖ߯Ö$Ö´Ö−Ö ´ÖÖò›ü»Ö úß ê�ÖÖ‹Ñ Æïü : 8x – 10y + 66 = 0 (x ¯Ö¸ü y)

40x – 18y = 214 (y ¯Ö¸ü x)

x úÖ ¯ÖÏÃÖ¸ü.Ö = 9

–ÖÖŸÖ ú¸ëü : (a) x †Öî ü y êú ´ÖÖ¬µÖ ´Öæ»µÖ (b) x †Öî ü y êú ²Öß“Ö ÃÖÆÃÖ´²Ö−¬Ö $Öã.Ö ú (c) y úÖ ´ÖÖ−Ö ú ×¾Ö“Ö»Ö−Ö

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SEC TION – IV

�Ö�› – IV

Note : This section contains five (5) questions of five (5) marks each based on the following

passage. Each question should be answered in about thirty (30) words.

(5 × 5 = 25 marks)

−ÖÖê™ : −Öß“Öê פüµÖê $ÖµÖê ¯Ö׸“”êû¤ü êú †Ö¬ÖÖ ü ¯Ö¸ü ¯Ö ÖÑ“ Ö ¯ÖÏ¿−ÖÖë êú ˆ¢Ö¸ü ¤ßו֋ … ¯ÖÏŸµÖê ú ¯ÖÏ¿−Ö úÖ ˆ¢Ö¸ü ŸÖßÃÖ (3 0 ) ¿Ö²¤üÖë ÃÖê †×¬Ö ú −ÖÆà ÆÖê−ÖÖ “ÖÖ×Æ‹ … ¯ÖÏŸµÖê ú ¯ÖÏ¿−Ö ¯Ö ÖÑ“ Ö †Ó úÖë úÖ Æîü … (5 × 5 = 25 † Ó# )

Economics is a study of men as they live and move and think in the ordinary business

of life. But it concerns itself chiefly with those motives which affect, most powerfully

and most steadily, man’s conduct in the business part of his life. Everyone who is

worth anything carries his higher nature with him into business; and there as

elsewhere, he is influenced by his personal affections, by his conceptions of duty and

his reverence for high ideals. And it is true that the best energies of the ablest

inventors and organizers of improved methods and appliances are stimulated by a

noble emulation more than by any love of wealth for its own sake. But, for all that,

the steadiest motive to ordinary business work is the desire for the pay which is the

material reward of work. The pay may be on its way to be spent selfishly or

unselfishly, for noble or base ends ; and here the variety of human nature comes into

play. But the motive is supplied by a definite amount of money : and it is this definite

and exact money measurement of the steadiest motives in business life, which has

enabled economics far to outrun every other branch of the study of man. Just as the

chemist’s fine balance has made chemistry more exact than most other physical

sciences ; so this economist’s balance, rough and imperfect as it is, has made

economics more exact than any other branch of social science. But of course

economics cannot be compared with the exact physical sciences : for it deals with the

ever changing and subtle forces of human nature.

†£ÖÔ¿ÖÖÃ¡Ö ¾µÖÛŒŸÖµÖÖë úÖ †¬µÖµÖ−Ö Æîü; וÖÃÖ ¯ÖÏ úÖ¸ü ÃÖê ¾Öê ÃÖÖ¬ÖÖ¸.Ö •Öß¾Ö−Ö ¾µÖ¾ÖÃÖÖµÖ ´Öë úÖµÖÔ ú¸üŸÖê Æïü, ÃÖÖê“ÖŸÖê Æïü †Öî ü †Ö$Öê ²ÖœÍüŸÖê Æïü … ¯Ö¸ü−ŸÖã ˆÃÖ úÖ ÃÖ¸üÖê úÖ¸ü ´Öã�µÖŸÖ: ˆ−Ö ¯ÖϵÖÖê•Ö−ÖÖë ÃÖê Æîü •ÖÖê ´ÖÖ−Ö¾ÖßµÖ •Öß¾Ö−Ö úß ¾µÖÖ¾ÖÃÖÖ×µÖ ú $ÖןÖ×¾Ö׬ֵÖÖë ´Öë ˆÃÖ êú †Ö“ÖÖ¸ü úÖê ÃÖ¾ÖÖÔ×¬Ö ú ¯Öϲֻ֟ÖÖ †Öî ü ÃÖ¾ÖÖÔ×¬Ö ú ×−ÖµÖ×´ÖŸÖŸÖÖ ÃÖê ¯ÖϳÖÖ×¾ÖŸÖ ú¸üŸÖê Æïü … ¯ÖÏŸµÖê ú ¾µÖÛŒŸÖ, וÖÃÖ´Öë úÖê‡Ô µÖÖê$µÖŸÖÖ Æîü †¯Ö−Öê ˆ““ÖŸÖ ü þֳÖÖ¾Ö úÖê †¯Ö−Öß ¾µÖÖ¾ÖÃÖÖ×µÖ ú $ÖןÖ×¾Ö׬ֵÖÖë ´Öë ¯ÖϵÖÖê$Ö ú üŸÖÖ Æîü; †Öî ü ¯ÖÏŸµÖê ú •Ö$ÖÆü úß ŸÖ¸üÆü ÃÖê ¾ÖÆüÖÑ ³Öß, ¾ÖÖê †¯Ö−Öß ¾ÖîµÖÛŒŸÖ ú ¯ÖÃÖ−¤ü, †¯Ö−Öß úŸÖÔ¾µÖ×−ÖšüÖ êú ³ÖÖ¾Ö ‹¾ÖÓ †¯Ö−Öê ˆ““Ö †Ö¤¿ÖÖí êú ¯ÖÏןÖ

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15. What motives of men’s ordinary business of life constitute the subject matter of study

in economics ?

¾µÖÛŒŸÖµÖÖë êú ÃÖÖ¬ÖÖ¸.Ö •Öß¾Ö−Ö ¾µÖ¾ÖÃÖÖµÖ êú úÖî−Ö ÃÖê ¯ÖÏê ü ú ˆ§êü¿µÖ †£ÖÔ¿ÖÖÃ¡Ö êú †¬µÖµÖ−Ö úß ×¾ÖÂÖµÖ ¾ÖßÖã Æî ?

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16. Do you agree that personal affections, conceptions of duty and reverence for high

ideals are stronger stimulants than love of wealth for its own sake in the life of every

man ?

ŒµÖÖ †Ö¯Ö ÃÖÆü´ÖŸÖ Æïü × ú êú¾Ö»Ö ¬Ö−Ö êú ¯ÖÏ×ŸÖ ´ÖÖêÆü úß †¯Öê+ÖÖ ×−Ö•Öß ¯ÖÃÖ−¤ü, †¯Ö−Öß úŸÖÔ¾µÖ×−ÖÂšÖ ³ÖÖ¾Ö ŸÖ£ÖÖ †¯Ö−Öê ˆ““Ö †Ö¤ü¿ÖÖí êú ¯ÖÏ×ŸÖ ÃÖ´´ÖÖ−Ö, ¯ÖÏŸµÖê ú ¾µÖÛŒŸÖ êú •Öß¾Ö−Ö ´Öë †×¬Ö ú ¯ÖÏ²Ö»Ö ¯ÖÏê ü ú Æïü ?

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J-0110 23 P.T.O.

17. What is the steadiest motive to ordinary business work in the life of human being ?

´ÖÖ−Ö¾Ö êú ÃÖÖ¬ÖÖ¸.Ö •Öß¾Ö−Ö ¾µÖ¾ÖÃÖÖµÖ êú úÖµÖÖí úÖ ÃÖ¾ÖÖÔ×¬Ö ú Ûãָü/×−ÖµÖ×´ÖŸÖ ¯ÖϵÖÖê•Ö−Ö ŒµÖÖ Æîü ?

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18. What has made economics more important than other branches of study of men ?

´ÖÖ−Ö¾Ö êú †¬µÖµÖ−Ö úß †−µÖ ¿ÖÖ�ÖÖ†Öë úß ŸÖã»Ö−ÖÖ ´Öë †£ÖÔ¿ÖÖÃ¡Ö úÖê × úÃÖ ²ÖÖŸÖ −Öê •µÖÖ¤üÖ ´ÖÆü¢¾Ö¯Öæ.ÖÔ ²Ö−ÖÖ ×¤üµÖÖ Æîü ?

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19. Why economics can not be compared with the exact physical sciences ?

†£ÖÔ¿ÖÖÃ¡Ö úß ŸÖã»Ö−ÖÖ †−µÖ ÃÖ™ß ú ³ÖÖî×ŸÖ ú ×¾Ö–ÖÖ−ÖÖë êú ÃÖÖ£Ö ŒµÖÖë −ÖÆüà úß •ÖÖ ÃÖ úŸÖß Æîü ?

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Page 24: Paper 3 June 2010

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Question

Number

Marks Obtained

FOR OFFICE USE ONLY

Total Marks Obtained (in words) ...........................................

(in figures) ..........................................

Signature & Name of the Coordinator ...................................

(Evaluation) Date .........................

J-0110 24

Marks

Obtained

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