BCOM/III/CC/08 Student's Copy
2 0 1 8
CBCS
3rd Semester
COMMERCE
Indian Economy
Full Marks 75
Time 3 hours
PART A—OBJECTIVE
Marks 25
The figures in the margin indicate full marks for the questions
SECTION—A
Marks 10
Choose the correct answer and put its code in the brackets provided 1×10=10
1. The UNDP has developed a composite index of human development known
as
Human Development Indicator
Human Resource Development
Human Development Index
Human Capital Index
2. The First Five-Year plan was started in the year
1950-1955 1951-1956
1952-1957 1953-1958
/46 1 Contd.
3. Opening up of the economy for world market by attaining international
competitiveness is known as
liberalisation globalisation
privatisation modernisation
4. The monetary instruments include
bank rate
open market operations
cash reserves ratio
All of the above
5. is to be treated as a part of structural unemployment.
Open unemployment
Underemployment
Seasonal unemployment
Disguised unemployment
6. Inter-state disparities in agriculture and industrial development are an
indicator of
poverty regional imbalances
unemployment inflation
7. Causes of low productivity in Indian agriculture include
weakness in policy perceptions
inadequate availability of modern technology
Both and
None of the above
8. The full form of UNCTAD is
Union National Conference on Trade and Development
Union National Council on Trade and Development
United Nations Conference on Trade and Development
United Nations Council on Trade and Development
BCOM/III/CC/08/46 2 Contd.
9. The World Trade Organization was founded on
1st January, 1995 11th January, 1995
1st February, 1995 11th February, 1995
10. The Uruguay Round of GATT initiates a new organization called
UNCTAD IMF
WTO WORLD BANK
SECTION—B
Marks 15
Write short notes on the following 3×5=15
1. Concept of underdevelopment
OR
Twelfth Five-Year Plan
2. Savings
OR
New economic reforms
3. Environmental issues of an Indian economy
OR
Causes of regional imbalances
4. Green Revolution
OR
MSME
5. Export Policy of India
OR
UNCTAD
BCOM/III/CC/08/46 3 Contd.
PART B—DESCRIPTIVE
Marks 50
The figures in the margin indicate full marks for the questions
Answer one question from each Unit
UNIT—I
1. Define human development. Explain the functions of human development
in Indian economy. 3+7=10
2. Explain the concept and salient features of economic planning in India.
3+7=10
UNIT—II
3. Discuss the fiscal policy of India. 10
4. What do you mean by liberalisation? What are the measures of
liberalisation introduced in Indian economy? 3+7=10
UNIT—III
5. Define poverty. Explain the various control measures of poverty in India.
3+7=10
6. Explain the concept of unemployment. What are the different types of
unemployment in an underdeveloped country? 4+6=10
UNIT—IV
7. Explain the role and performance of public sector. 10
8. What are the factors influencing productivity and growth of Indian
agriculture? 10
UNIT—V
9. Describe the objectives and functions of IMF. 10
10. Discuss the origin and functions of World Bank. 10