B.A. Economics (Honours), Part-II
Paper-IV (Money, Banking and Public Finance)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five questions. All questions carry equal marks.
1. Discuss the role of money in a capitalist economy.
2. What do you mean by gold standard? Discuss the causes of breakdown of gold standard.
3. Critically discuss Fisher's vision of quantity theory of money.
4. Define inflation. Suggest measures to control it.
5. Discuss the functions of Reserve Bank of India.
6. What do you understand by unit banking? Discuss its merits and demerits.
7. Discuss the process of creation of credit by commercial bank.
8. Define Public finance. Discuss its scope.
9. Critically discuss principle maximum social advantage.
10. Explain progressive tax. Discuss its merits and demerits.