B.B.A. (Semester IV) (CGPA) Examination Nov/Dec-2018
BUSINESS ECONOMICS II (Marco)
Time: 2½ Hours Max. Marks: 70
Instructions: All Questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose correct alternative. 07
is the subject matter of Budget policy.
Public Income
Public Expenditure
Public Debt
Public income and Public expenditure
Bank draft is a money.
Currency Cash
Credit Legal tender
Which of the following bank creates legal tender money?
Reserve Bank of India Commercial
Co-operative Private
In budget public income is equal to public expenditure.
Balanced Deficit
Surplus All of the above
Export and Import are the part of policy.
Budget Trade
Fiscal Bank rate
Profit is the prime object of bank.
Commercial Nationalized
Co-operative All of these
is a tariff barrier.
License Permit
Standardization Custom duties
State Whether the following statement is True or False. 07
Trade policy is necessary for globalization.
Income Tax is progressive in nature.
Prime Minister employs a trade policy.
National income is the micro economic indicator.
Cost push inflation is because of rise in production cost.
Goods and Service Tax is a direct tax.
Business cycle has four phases.
Q.2 Write short answer for following (Any two) 14
Objectives of fiscal policy
Merits of Macro economics
Process of credit creation
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SLR-CI-22
Q.3 Write short answer following (Any two) 14
Types of Budget
Phases of trade cycle
Forms of public expenditure
Q.4 Define Commercial Bank. Explain its functions. 14
OR
Describe the features of export and import trade.
Q.5 Discuss the causes and effects of inflation 14
OR
Define indirect tax. Explain its merits and demerits.