B.B.A. (Semester IV) (CGPA) Examination Mar/Apr-2018
BUSINESS ECONOMICS II (Marco)
Time: 2½ Hours
Max. Marks: 70
Instructions: All Questions are compulsory. Figures to the right indicate full marks. Give diagrams schedule wherever necessary.
Q.1

Choose correct alternative.
07
There are phases of business cycles.
Three
Two
Four
Five
is a direct tax.
Sale tax
Production tax
Wealth tax
VAT
Credit creation increases
Supply of money
Wealth
Recurring deposit
Time deposit
National Income is a subject matter of economics.
Macro
Micro
Public
Agriculture
When the price level rises the value of is decrease.
Commodity
Money
Services
Land
In the view the inflation occurs after the full employment.
Dr. Marshall
J.B. Say
Prof. Keynes
Hawtray
A subject matter of public finance is
Public revenue
Public expenditure
Public debt
All of these

State Whether the following statement is True or False.
07
Wealth tax is indirect tax.
Price level falls is known as inflation.
RBI employees monetary policy.
Macroeconomics includes large study.
Measures of value is the contingent function of money.
Sale tax is direct tax.
VAT means Value Added Tax.
Q.2
Write short answer for following (Any two)
14
Explain the phases of business cycles.
Explain the types of budget.
Objectives of Monetary Policy
Q.3
Write short answer following (Any two)
14
Qualitative control of credit
Functions of central banks
Causes of inflation
Page 2 of 2
SLR-CU-28
Q.4
Explain the merits demerits of Indirect taxes.
14
OR
Define Commercials Banks? What are the functions of Commercial Banks?
Q.5
Explain the merits demerits of Macro Economics.
14
OR
Define B.O.P B.O.T.? What are the causes of disequilibrium in balance of payment?