Nalanda Open University
Annual Examination 2017
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 critically Cambridge version of the quantity theory of money.
2. Explain the investment policy of commercial banks.
3. What do you mean by Index Number How is it prepared
4. Discuss the merits and demerits of branch banking system.
5. Throw light on merits and demerits of paper money.
6. Discuss the functions of money.
7. What do you mean by inflation Discuss the causes leading to inflation.
8. Discuss the circumstances under which gold standard can succeed.
9. Explain the causes for rapid increase of public expenditure in India.
10. Write notes on any Two of the following
Role of money
R.B.I.
Budget
Direct Tax