B.B.A. (Semester IV) (CGPA) Examination Oct/Nov-2017
BUSINESS ECONOMICS II
Day Date: Monday, 13-11-2017 Max. Marks: 70
Time: 02:30 PM to 05.00 PM
Instructions: All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose correct alternative. 07
phase of the business cycle is useful for the economic
growth and development.
Prosperity Recession
Depression Revival
A relationship between purchasing power of money price levels is

Direct Negative
Indirect Inverse
Which of the following is indirect tax?
Professional tax Income tax
Goods and Service tax Capital gain tax
A depression phase of trade cycle is characters by
Highest level of unemployment
Lowest level of growth
Lowest level of price
All of the above
Which of the following is measure of quantitative credit control?
Moral suasion Direct action
Publicity Bank rate
Balance of Payment comprises transaction.
Goods Capital
Services All of these
Deflation is responsible for in value of money.
Fall Rise
Neutrality Stagnancy
State Whether the following statement is True or False. 07
Import duty is a tariff barrier.
Central bank employs monetary policy.
Business cycle is the macro economic phenomenon.
Cost push inflation is because of rise in wage rate.
Balance of payment is a part of balance of trade.
Money is a medium of exchange.
Macro Economics study individual unit.
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SLR-CB-27
Q.2 Write short answer for the following (Any two) 14
Measures of Quantitative credit control.
Macro economics objectives.
Functions of money
Q.3 Write short answer for the following (Any two) 14
Classification of budget.
Sources of public expenditure.
Balance of trade and Balance of payment.
Q.4 Define macro economics? Explain its merits and demerits. 14
OR
Explain the features and phases of trade cycle. 14
Q.5 Discuss the causes of inflation and explain measures to control inflation.
OR
Describe the functions of Commercial Bank. 14