B.B.A. (Semester IV) (CGPA) Examination, 2017
BUSINESS ECONOMICS II
Day Date: Saturday, 15-04-2017 Max. Marks: 70
Time: 2.30 PM to 05.00 PM
N.B. All Questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the correct alternatives: 07
is the subject matter of Fiscal policy.
Public Income Public Expenditure
Public debt All of these
Commercial bank creates money.
Currency Cash
Credit Legal tender
Which of the following bank employs monetary policy?
Central Commercial
Co-operative Private
Public income is greater than public expenditure in
budget.
Balanced Deficit
Surplus All of the above
Which of the following is measure of quantitative credit
control?
Moral suasion Direct action
Publicity Bank rate
Balance of trade transaction only.
Goods Capital
Services All of these
is a tariff barrier.
License Permit
Standardization Custom duties
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SLR-SINA 27
State whether the following are True or False: 07
Export trade is not necessary.
Direct tax is progressive in nature.
Finance Minister employs trade policy.
National income is the micro economic phenomenon.
Cost push inflation is because of rise in interest rate.
Balance of trade is a part of balance of payment.
Business cycle has three phases.
Q.2 Write short answers (Any two) 14
Features of free trade policy
Macro economic objectives
Process of credit creation
Q.3 Write short answer following (Any two) 14
Qualitative credit control.
Phases of trade cycles
Forms of inflation
Q.4 Define macro economics? Explain its merits and demerits. 14
OR
Describe Balance of payment. Explain reasons for disequilibrium in
it.
Q.5 Discuss the causes of inflation and explain measures to control
inflation.
14
OR
Define direct tax. Explain its merits and demerits.