M.A. DEGREE EXAMINATION, NOVEMBER 2017.
Third Semester
Economics
ECONOMICS FOR COMPETITIVE EXAMINATIONS
(CBCS 2016 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 x 2 20)
Answer all questions.
1. Define GNP.
2. What is per capita income?
3. Define "Growth".
4. Define "Globalization"
5. What is monetary policy?
6. Define "Fiscal policy."
7. Define "Budget".
8. What is trade cycle?
9. What do you mean by balance of payment?
10. Expand FEMA and GATT.
Sub. Code
455304
RW-729
2
Ws20
Part B x 5 25)
Answer all questions, choosing either or
11. What are the basic characteristics of Indian
economy?
Or
Bring out the scope of the Indian economy.
12. Write a short note on difficulties in calculating
national income.
Or
Explain the basic concepts in national income.
13. Describe the major functions of RBI in India.
Or
What are the Limitations of fiscal policy?
14. What are the main sources of tax and non-tax
revenue of the State governments?
Or
Explain the sub-division of public finance.
15. Suggest measures to improve balance of payments
situations in India.
Or
What are the major achievements and failure of
WTO?
RW-729
3
Ws20
Part C 10 30)
Answer any three questions.
16. Describe the role of agriculture sector in Indian economic
development.
17. Explain LPG model and discuss its impact on Indian
economy.
18. Examine the functions of World Bank.
19. Explain the objective 12th Five Year Plan.
20. Discuss about the commercial banks play for agricultural
credit.
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