B.B.A. (Semester III) (CBCS) Examination Oct/Nov-2017
BUSINESS ECONOMICS II (MACRO)
Day Date: Thursday, 16-11-2017 Max. Marks: 70
Time: 2.30 PM to 05.00 PM
Instructions: All Questions are compulsory.
Neat diagrams should be drawn wherever necessary.
Figures to the right indicate full marks.
Q.1 Choose the correct alternatives: 07
Macro economics study level economic unit.
National State
Individual All of these
A relationship between price level and supply of money is
Direct Negative
Indirect Inverse
What is the long form of G S
Global Sales tax Global Saving tax
Good Service tax Goods and Service tax
A depression phase of trade cycle is characters by
Highest Level of unemployment
Lowest level of employment
Lowest level of price
All of the above
Which of the following institution employs monetary policy?
Co-operative Bank Central Bank
Nationalized Bank Private Bank
Goods transactions is a part of account of Balance of
payment.
Current Capital
Settlement All of these
During Inflation suffers more.
Businessmen Traders
Wage earners Borrowers
State whether the following are True or False: 07
Bank rate is a lending rate of Central Bank.
Direct tax reduces purchasing.
Fixed deposits are not useful for credit creation.
Fiscal policy is employed by Finance Ministers.
Cost push inflation is because of rise in import prices.
Balance of payment is for international trade.
Money is a medium of exchange.
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Q.2 Write short answers. (Any two) 14
Demand pull cost push inflation.
Quantitative measures to control credit.
Merits of indirect tax.
Q.3 Write short answer following. (Any two) 14
Features of international trade.
Types of budget.
Macro Economic objectives.
Q.4 Define business cycle. Explain its features and phases. 14
OR
Define public expenditure. What are the causes to rise in public expenditure?
Q.5 Discuss the causes of inflation and explain measures to control it. 14
OR
Describe the functions of commercial bank.