B.B.A. (Semester III) (CBCS) Examination Nov/Dec-2018
BUSINESS ECONOMICS II (Macro)
Time: 2½ Hours Max. Marks: 70
Instructions: All questions are compulsory.
Figures to the right indicate full marks.
Neat diagrams should be drawn wherever necessary.
Q.1 Choose the alternatives given below. 14
Business cycle has phase.
One Two
Three Four
A relationship between price and purchasing power is
Direct Negative
Neutral Inverse
Goods and Service Tax is tax.
Professional tax Income tax
Direct tax Indirect tax
is a measure of quantitative credit control.
Moral suasion Direct action
Publicity Bank rate
Balance of Trade comprises transaction only.
Goods Capital
Services All of these
Inflation is responsible for in value of money.
Fall Rise s
Neutrality Stagnancy
Trade policy is concerned with trade.
Local Regional
National International
is the subject matter of Budget policy.
Public Income
Public Expenditure
Public debt
Public income and public expenditure
Bank draft is money.
Currency Cash
Credit Legal tender
10) Which of the following bank creates legal tender money?
Reserve Bank of India Commercial
Co-operative Private
11) In budget public income is equal to public expenditure.
Balanced Deficit
Surplus All of the above
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SLR-CI-14
12) Export and import are the part of policy.
Budget Trade
Fiscal Bank rate
13) Profit is the prime object of bank.
Central Bank Nationalized
Co- operative Private
14) is a tariff barrier.
License Permit
Standardization Custom duties
Q.2 Write short answer. 14
Demand pull and Cost push inflation
Macro economic objectives
Q.3 Write short answer. 14
Reasons for increase in public expenditure
Phases of trade cycle
Q.4 Define macro economics? Explain its merits and demerits. 14
OR
Explain the credit control policy of the Central Bank.
Q.5 Define Balance of Payment. Discuss causes responsible for disequilibrium
in it.
14
OR
Discuss process of multiple credit creation by commercial bank.