...


Code---07
ECONOMICS
Tillie AJIOlved Hours Maximum fl-Iarks 150
Note Attempt any Five questions. All questions carry equal marks. Q. No. is compulsory. Answer fwo questions from Part I and two questions tram Part n. The parts of the same question must be answered together and must not be interposed betveen answers .to otller questIons.
1. Write critical notes on any four of the following:

Marshall's and Hicks's analysis of consumer's equilibrium


Money multiplier and growth of money supply


Relationship between tax rate and tax revenue


P.T.O.
Public debt in India
Management of water resources in India
Composition of India's foreigll trade of
recent past.
Part 1

2. "Flexibility in wage rate 1S a necessary
condition to full employment in classical theory of employment." Comment.
3. How can monetary and fiscal policies can speed up recovery in a recessionary economy? Which one is more effective in developing economy
Explain the price determination under monopolistic competition market. DiscusS the role of selling costs in this market.

Part II
5. What do you mean by Disinvestment of Public Sector Units Discuss the needs and consequences of disinvestment of public sector units in India in the recent past.
2
C-03iM·Q7
6.
'Why is globalisation of Indian Economy inevitable How far this has improved the Balance of Payment position of Indian Economy

7.
Give an account of the techniques of measurement of poverty in India and discus's the measures taken for the eradication of poverty in our economy_


C-03/M-07
3