Student's Copy
2 0 1 8
CBCS
5th Semester
ECONOMICS
EIGHTH PAPER
Industrial Economics
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
Tick the correct answer in the brackets provided 1×10=10
1. A tool used to measure the performance of industries in India is
IIP
WPI
CPI
GDP deflator
2. Which Industrial Policy clearly laid down three categories for classification
of industries?
Industrial Policy Resolution, 1956
Industrial Policy Resolution, 1980
Industrial Policy Resolution, 1977
Industrial Policy Resolution, 1948
1 Contd.
3. A company formed by a special Act passed by the Parliament or State
Legislature is
statutory corporation
multinational corporation
cooperative society
registered company
4. The President of the National Productivity Council in India is
Ratan Tata
Mukesh Ambani
the President of India
the Minister of Commerce and Industry
5. Debenture holders are
government agents
debtors of the company
shareholders of the company
creditors of the comapny
6. Industrial Development Bank of India (IDBI) was established in
1st April, 1990
1st April, 1955
1st July, 1955
1st July, 1964
7. A type of business organisation particularly known as one-man business is
single proprietorship
private ownership
industrial ownership
sole proprietorship
8. The market area theory of industrial location was put forward by
Walter Christaller
Alfred Weber
Renner
Tord Palander
2 Contd.
9. The term 'merger' refers to the
operations by a firm in two or more industries
amalgamation of two or more firms
spatial division of firms
product differentiation
10. Under the Industrial Policy of 1991
the mandatory convertible clause is no longer applicable
the mandatory convertible clause is applicable to all term loans
the mandatory convertible clause is applicable to term loans of more
than 10 years
the mandatory convertible clause is applicable to less than
10 years
SECTION—B
Marks 15
Write short notes on the following 3×5=15
1. Industrial classification
OR
Meaning of industry
2. Joint stock company
OR
Private sector enterprise
3. Diversification of industries
OR
Merger and integration of industries
4. Meaning of equity
OR
ICICI
5. Industrial sickness
OR
Measurement of industrial productivity
3 Contd.
PART B—DESCRIPTIVE
Marks 50
The figures in the margin indicate full marks for the questions
UNIT—I
1. What is Industrialization? Explain how industrialization helps in bringing
economic development in a developing country like India. 3+7=10
OR
2. Discuss in detail the linkages between industry and other sectors of the
economy. 10
UNIT—II
3. What do you mean by MNCs? Discuss the role and performance of MNCs in
developing countries like India. 3+7=10
OR
4. Discuss the growth and performance of public sector enterprises in India. 10
UNIT—III
5. What is meant by location of industries? Critically examine Alfred Weber's
theory of industrial location. 2+8=10
OR
6. Explain the causes of regional imbalances in industrial development in
developing countries like India. Suggest suitable measures to tackle these
imbalances. 5+5=10
UNIT—IV
7. Critically examine the role played by financial institutions towards the
development of industrial sector. 10
OR
8. Differentiate between long-term and short-term loans. Discuss in brief the
main sources of finance for industries. 3+7=10
UNIT—V
9. What is meant by industrial productivity? Explain the factors affecting
industrial productivity. 3+7=10
OR
10. Discuss the factors affecting underutilization of industrial capacity in a
developing country like India. 10