M.A. (Eco.)First Semester Examination (Year 2015) Advanced ... · M.A. Economics First Semester Examination (Year 2015) Macro Economics Subject Code: MAE-102 Paper Code: SRS-72 Time

1

M.A. (Eco.)First Semester Examination (Year 2015)

Advanced Economic Analysis Subject Code: MAE-101

Paper Code: SRS-71 Time : 20 Minutes

M.Marks : 10

Section A

[k.M v

(Objective Type Questions)

¼oLrqfu"B Á’u½

Attempt all questions. Each question carries 1/2 marks. Use the symbol () in the box for marking the

correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSA lgh mÙkj gsrq fn;s x;s ckDl esa () fpUg dk

iz;ksx djsaA

Q. No. 1. Choose the correct answer-

lgh mÙkj pqfu,&

1. Macro Economics is also called-

lef"V vFkZ’kkL= dks dgk tkrk gS\

a) Demand Theory b) Price Theory

Ekk¡x fl)kar ewY; fl)kar

c) Income & Employment Theory d) None of these

vk; o jkstxkj fl)kar mijksä esa ls dksbZ ugha

2. What is? Is related with-

D;k gS\ dk laca/k gS&

a) Normative Science b) Positive Science

vkn’kkZRed foKku okLrfod foKku

c) Both (a) and (b) d) None of these

nksuksa (a) vkSj (b) mijksä esa ls dksbZ ugha

3. The study of a firm is done in-

,d QeZ dk v/;;u~ fd;k tkrk gS&

a) Micro Economics b) Macro Economics

O;f"V vFkZ’kkL= esa lef"V vFkZ’kkL= esa



4. Who considered economics as a science of choice-?

fdlus vFkZ’kkL= dks pquko dk foKku ekuk gS\

a) J.B. Say b) Marshall

ts-ch- ls ek’kZy

c) Robins d) Pigou

jkWfcUl ihxw

Invigilator’s Signature

Roll No.

Enrollment No.

2

5. Condition of Consumer Equilibrium is-

miHkksDrk larqyu dh n’kk gS&

a) 𝑀𝑈𝑥

𝑃𝑥 >

𝑀𝑈𝑦

𝑃𝑦 b)

𝑀𝑈𝑥

𝑃𝑥 <

𝑀𝑈𝑦

𝑃𝑦

c) 𝑀𝑈𝑥

𝑃𝑥 =

𝑀𝑈𝑦

𝑃𝑦 d) None of these

mijksä esa ls dksbZ ugha

6. The income effect of Giffin Goods is-

fxfQu oLrqvksa ds izfr vk; izHkko gksrk gS&

a) Positive b) Negative

/kukRed udkjkRed

c) Zero d) None of these

’kwU; mijksä esa ls dksbZ ugha

7. Higher Indifference Curve represents higher level of satisfaction-

,d Åapk mnklhurk oØ ,d uhps mnklhurk oØ dh rqyuk esa Åaps larqf"V ds Lrj

dks crkrk gS& a) True b) False

lgh xyr

8. Total Utility is maximum when Marginal Utility is-

dqy mi;ksfxrk vf/kdre gksrh gS] tcfd lhekar mi;ksfxrk gksrh gS&

a) Positive

/kukRed

b) Negative

udkjkRed

c) Zero

’kwU;

d) Equal to Average Utility

vkSlr mi;ksfxrk ds cjkcj gksrh gSA

9. The concept of ‘Consumer Surplus’ is based on-

^miHkksDrk larqyu* dh vo/kkj.kk vk/kkfjr gS&

a) Law of Diminishing Utility b) Law of Increasing Utility

mi;ksfxrk gkl dk fu;e mi;ksfxrk o``f) ds fu;e



10. Which of the following factor is affecting Elasticity of Demand?

ekax dh yksp dks izHkkfor djus okyk rRo gS&

a) Nature of the Goods

oLrq dh izd`fr

b) Availability of Substitutes

LFkkukiUu oLrqvksa dh miyC/krk

c) Both (a) and (b)

nksuksa (a) vkSj (b)

d) None of these


3

11. Law of Demand shows the positive relationship between the demanded quantity and

_________.

Ekkax dk fu;e ekaxh xbZ ek=k rFkk ------------------------- ds chp /kukRed laca/k dks n’kkZrk gSA

a) Cost b) Price

ykxr ewY;



12. Elasticity of Supply is-

iwfrZ dh yksp gksrh gS&


/kukRed _.kkRed



13. Who postulated the Revealed Preference Theory?

izdV vf/keku fl)kar dk izfroknu fdlus fd;k\

a) Robertson b) Samuelson

jkWcVZlu lsE;qylu

c) Keynes d) Marshall

dhUl ek’kZy

14. Revealed Preference Theory is based on-

izdV vf/keku fl)kar dk vk/kkj gS&

a) Strong Ordering b) Wear Ordering

lcy Øec)rk fucZy Øec)rk



15. Who has used Utility Index?

mi;ksfxrk funsZ’kkad dk iz;ksx fdlus fd;k\

a) Armstrong b) Samuelson

vkezLVªkax lsE;qylu

c) Neumann-Morgenstern d) None of these

U;weSu&eksjxsULVuZ mijksä esa ls dksbZ ugha

16. Which of the following economist is related with Modern Utility Theory?

vk/kqfud mi;ksfxrk fl)kar ds lkFk fuEu esa ls dkSu lk vFkZ’kkL=h lacaf/kr gSa\

a) Neumann-Morgenstern b) Friedman-Savage

U;weSu&eksjxsULVuZ ÝhMesu&lsost

c) Marshall d) None of these

ek’kZy mijksä esa ls dksbZ ugha

17. Which of the following is not U Shaped Curve?

fuEu esa ls U vkdkj dk oØ ugha gS\

a) AVC b) MC

, oh lh ,e lh

c) AFC d) None of these

, ,Q lh mijksä esa ls dksbZ ugha

4

18. Which of the following is a determinant of Return to Scale?

fuEu esa ls dkSu iSekus ds izfrQy dk fu/kkZjd gS\

a) Indivisibility of Factors b) Divisibility of Labour

lk/kuksa dh vfoHkkT;rk Je dh foHkkT;rk

c) Specialization d) All of these

fof’kf"Vhdj.k mijksä lHkh

19. In view of cost the law of diminishing returns is called-

mRifÙk gkl fu;e dks ykxr dh n`f"V ls dgrs gS&

a) Law of Diminishing Cost b) Law of Increasing Cost

ykxr gkl fu;e ykxr o``f) fu;e

c) Law of Constant Cost d) All of these

ykxr lerk fu;e mijksä lHkh

20. Short run production function is related with-

vYidkyhu mRinku Qyu ls lacaf/kr gS&

a) Law of Variable Proportion

ifjorZu’khy vuqikrksa dk fu;e

b) Return to Scale

iSekus dk izfrQy

c) Both (a) and (b)

nksuksa (a) vkSj (b)

d) None of these


---------------------------

1

M.A. (Eco.) First Semester Examination (Year 2015)

Advanced Economic Analysis Subject Code: MAE-101

Paper Code: SRS-71 Time : 2 Hrs.40 Mts.

M.Marks : 60

Section B

[k.M c (Short Answer Type Questions)

(y?kq mÙkjh; iz’u)

Attempt all questions. Each question carries 4 marks.

lHkh iz’uksa ds mÙkj nsaA lHkh iz’uksa ds fy;s 4 vad fu/kkZfjr gSA

Q.No.2. Define Micro Economics.

lw{e vFkZ’kkL= dks ifjHkkf"kr dhft,A

OR

Explain „Economics as Normative Science.‟

vFkZ’kkL= dh vkn’kZ foKku ds :i essa O;k[;k dhft,A

Q.No.3. Explain Cardinal Utility.

x.kukokpd mi;ksfxrk dks le>kb,A

OR

Describe the assumptions of the law of diminishing Marginal Utility.

mi;ksfxrk y{k fu;e dh ekU;rkvksa dk o.kZu dhft,A

Q.No.4. Explain factors affecting Law of Demand.

ekax ds fu;e dks izekf.kr djus okys rRoksa dh O;k[;k dhft,A

OR

Explain Consumer‟s Surplus.

^miHkksDrk dh cpr dks le>kb,*A

Q.No.5. Discuss the assumptions of Hicks Revealed Preference Theory.

fgDl ds mn~~?kfVr vf/keku fl)kar dh ekU;rk,a crkb,A

OR

Write a short note on consumer‟s choice under uncertainity.

^vfuf'prrk dh fLFkfr esa miHkksDrk pquko* ij ,d laf{kIr fVIi.kh fyf[k,A

Q.No.6. Explain increasing return to scale.

iSekus ds c<+rs izfrQy dh O;k[;k dhft,A

OR

What is Cobb-Douglas Production Function?

dkWc&Mxyl mRiknu Qyu D;k gS\

Roll No.

2

Section C

[k.M l (Long Answer Type Questions)

(nh?kZ mÙkjh; iz’u)



Q.No.7. Explain the difference between Macro and Micro Economics.

O;f"V Micro ,oa lef"V Macro vFkZ’kkL= ds chp varj crkb,A

OR

“ Scarcity of resources gives rise to a choice” as stated by Robbins, justify.

jkfcUl vkSfpR; }kjk dgk x;k gS fd lalk/kuksa dh deh ,d fodYi dks tUe nsrh gS] bls

fl) dhft,A

Q.No.8. What is Indifference Curve? Explain its Characteristics.

rVLFkrk oØ D;k gS\ bldh fo’ks"krk,¡ crkb,A

OR

„Utility is an ordinal concept not a cardinal one‟. Explain.

^mi;ksfxrk ,d Øeokpd fopkj gS u fd x.kukokpd fopkj* Li"V djsaA

Q.No.9. What do you understand by „Elasticity of Demand‟ Explain its types.

ekax dh yksp ls vki D;k le>rs gS\ blds izdkjksa dh O;k[;k dhft,A OR

Write Short note on- (Any Two)

a) Law of Supply

b) Elasticity of Supply

c) Giffins Paradox

laf{kIr fVIi.kh fyf[k,& ¼dksbZ nks½

a) iwfrZ dk fu;e

b) iwfrZ dh yksp

c) fxfQu dk fojks/kkHkkl

Q.No.10. State the Hicksian revision of demand theory (strong & weak ordering).

ekax fl)kar ¼etcwr vkSj detksj vkns'k½ ds fgdlu la'kks/ku dks vfHkO;Dr djsaA

OR

Write Short note on-

a) Wear and Strong Ordering.

b) Direct Consistency Test

laf{kIr fVIi.kh fyf[k,&

v½ fucZy ,oa lcy Øe

c½ izR;{k laxfr ijh{k.k

Q.No.11. What do you mean be Production Function? Mention its Characteristics.

mRiknu Qyu ls vki D;k le>rs gS\ bldh fo’ks"krk,¡ crkb,A

OR

Explain the concepts of Total, Marginal and Average Cost Curves.

dqy] lhekar rFkk vkSlr ykxr oØ dks le>kb,A

--------------------------

1

M.A. Economics First Semester Examination (Year 2015)

Macro Economics Subject Code: MAE-102

Paper Code: SRS-72

Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^ Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carries 1/2 mark. Use the symbol (√) in the box for marking the

correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. No. I. Choose the correct answer-

lgh mÙkj pqfu,&

1. GDP is-

dqy ldy ?kjsyw mRikn gSaA

a) GNP- Net Foreign Income

dqy jk"Vªh; vk;&’kq) fons’kh vk;

b) GNP + Net Foreign Income

ldy jk"Vªh; vk;&’kq) fons’kh vk;

c) GNP + Rent

ldy jk"Vªh; vk; $ ykxr

d) None of these

mijksDr esa ls dksbZ ugha

2. Flow variable relates with-

Áokg pj lEcfU/kr gS&

a) Point of Time b) Period of time

le; fcUnq ls le;dky ls

c) Both (A) and (B) d) None of these

nksuksa (a) rFkk (b) mijksDr esa ls dksbZ ugha

3. Problems of National Income Estimation in India are-

Hkkjr esa jk"Vªh; vk; dh x.kuk dh dfBukbZ gS

a) Double entry b) Data problem

nksgjh Áfof"V laed leL;k

c) Unmontarised sector d) All of these

vEkkSfnzd {ks= mijksDr lHkh

Roll No.

Enrollment No.


2

4. Macro Economics relates with-

lef"V vFkZ’kkL= lEcfU/kr gS&

a) Aggregate b) Industry

lewg m|ksx

c) Economy d) All of these

vFkZO;oLFkk mijksDr lHkh

5. Who gave theory of Multiplier?

xq.kd dk fl)kUr fdlus fn;k gS\

a) Kahn b) Pigou

dkgu ihxw

c) Marshall d) Hicks

ek’kZy fgDl

6. Dynamic multiplier relates with-

ÁkoSfxd xq.kd lEcfU/kr gS&

a) Time lag b) With time lag

le; vUrjky ls fcuk le; vUrjky ds

c) Profit d) Rent

ykHk yxku

7. Induced investment is effected by-

Ásfjr fuos’k ÁHkkfor gksrk gS&

a) Income b) Production

vk; ls mRiknu

c) Consumption expenditure d) All of these

miHkksDrk O;; mijksDr lHkh

8. If marginal propensity to consume is high then multiplier will be-

;fn lhekUr miHkksx ÁÑfr vf/kd gS rks xq.kd gksxk

a) Low b) High

de vf/kd

c) Constant d) None of these

fLFkj mijksDr esa ls dksbZ ugha

9. Supply of money is a-

Ekqnzk dh iwfrZ gS&

a) Stock variable b) Flow Variable

LVkd pj Áokg pj

c) Equilibrium d) None of these

lUrqyu mijksDr esa ls dksbZ ugha

10. The approaches of money supply are-

Ekqnzk iwfrZ dss n``f"Vdks.k gSa&

a) Gurlay and Shah b) Redcliff Committee

xqys ,oa ’kk¡ jSMfDYQ lfefr

c) Reserve Bank of India d) All of these

Hkkjrh; fjtoZ cSad mijksDr lHkh

3

11. Narrow money is;

Lkadh.kZ eqnzk gS&

a) 𝑀1 b) 𝑀0

c) 𝑀3 d) 𝑀4

12. Objectives of monetary policy are;

ekSfnzd uhfr ds mns~~’; gS&

a) Full employment b) Price stability

iw.kZjkstxkj ewY; fLFkjrk

c) Exchange stability d) All of these

fofue; fLFkjrk mijksDr lHkh

13. Classical Theory of Employment relates with-

Áfrf"BRk jkstxkj dk fl)kUr lEcfU/kr gS&

a) Adam Smith b) J.B. Say

,Me fLeFk ts-ch- ls

c) Keynes d) None of these

dsUt mijksDr esa ls dksbZ ugha

14. Theory of effective demand was given by-

ÁHkkoiw.kZ ek¡x fl)kUr fn;k x;k Fkk&

a) Pigou b) J.B. Say

ihxw ts-ch- ls

c) Keynes d) Marshall

dsUt ek’kZYk

15. Total Interest is-

Lkdy C;kt gSa&

a) Net Interest b) Reward for risk

’kq) C;kt Tkksf[ke dk iqjLdkj



16. Keynes theory of interest is known as;

dsUt dk C;kt fl)kUr tkuk tkrk gS&

a) Liquidity Preference b) Profit Theory

rjyrk ilUnxh fl)kUr ykHk fl)kar

c) Marginal Productivity Theory d) All of these

lhekUr mRikndrk fl)kUr mijksDr lHkh

17. Who gave Modern Theory of Interest?

C;kt dk vk/kqfud fl)kUr fdlus fn;k\

a) Keynes b) Hicks

dhUt fgDl

c) Marshal d) Pigou

ek’kZYk ihxw

4

18. Marginal propensity to consume is-

lhekUr miHkksx ÁÑfr gS&

a) Greater than zero b) Less than one

’kwU; ls vf/kd ,d ls de



19. Determinants of propensity to save are ;

Ckpr ÁÑfr ds fu/kkZjd rRo gS&

a) Rate of interest b) Level of income

C;kt dh nj vk; dk Lrj



20. Factors affecting marginal efficiency of capital -

Ikw¡th dh lhekUr {kerk ¼mRikndrk½ dks ÁHkkfor djus okys rRo gS&

a) Propensity to consume b) Taxation policy

miHkksx ÁÑfr djk/kku uhfr

c) Expected demand d) All of these

vuqekfur ek¡x mijksDr lHkh

------------------------------

1


Macro Economics Subject Code: MAE-102

Paper Code: SRS-72

Time : 2 Hrs. 40 Mts.

M.Marks : 60

Section – B

[k.M&^c^ (Short Answer Type Questions)

(y?kqmRrjh; iz’u)

Attempt all questions (each question carry 4 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 4 vad fu/kkZfjr gSa)

Q.No.2. Explain basic features of macro economics.

lef"V vFkZ’kkL= ds ewy rRoksa dh O;k[;k dhft,A

OR

What is stock and flow variable? Explain.

LVkWd ,oa Áokg pj D;k gSa\ O;k[;k dhft,A

Q.No.3. What is balanced budget? Explain.

lUrqfyr ctV D;k gS\ O;k[;k dhft,A

OR

Explain closed and open economy in brief.

cUn ,oa [kqyh vFkZO;oLFkk dh O;k[;k laf{kIr esa dhft,A

Q.No.4. Explain Unemployment in brief?

Cksjkstxkjh dks laf{kIr esa O;k[;k dhft,A

OR

Describe theory of effective demand.

ÁHkkoiw.kZ Ekkax dk o.kZu dhft,A

Q.No.5. What is narrow money? Explain.

Lkadqfpr eqnzk D;k gS\ O;k[;k dhft,A

OR

What is interest? Explain the types of interest in brief.

C;kt D;k gS\ C;kt ds Ádkjksa dh laf{kIr esa O;k[;k dhft,A

Q.No.6. Describe induced investment.

Ásfjr fuos’k dk o.kZu dhft,A

OR

Explain Marginal Propensity to consume.

lhekUr miHkksx Áo``fr dh O;k[;k dhft,A

Roll No.

.

2

Section C

[k.M&^l^ (Long answer type questions)

(nh/kZ mRrjh; iz’u) Attempt all questions (each question carry 8 marks)


Q.No.7. Explain the relationship between National Income and Economic Welfare.

jk"Vªh; vk; vkSj vkfFkZd dY;k.k ds lEcU/k dks Li"V dhft,A

OR

Explain the importance of national income in the economy of India.

Hkkjr dh vFkZO;oLFkk esa jk"Vªh; vk; dh egÙkk dh O;k[;k dhft,A

Q.No.8. Explain the Keynes psychological law of consumption in detail.

dhUt ds miHkksx lEcU/kh euksoSKkfud fu;e dh foLrkj ls O;k[;k dhft,A

OR

Write short note on any of two.;

1. Public expenditure

2. Dynamic multiplier

3. Tax and its types

fdUgh nks ij laf{kIr fVIi.kh fyf[k,A

1- lkoZtfud O;;

2- xfr’khy xq.kd

3- dj ,oe~~ mlds Ádkj

Q.No.9. Explain the objective of monetary policy in details.

ekSfnzd uhfr ds mns~~’;ksa dh O;k[;k foLrkj ls dhft,A

OR

Explain the classification of money supply in India

Hkkjr esa eqnzkiwfrZ ds oxhZdj.k dh O;k[;k dhft,A

Q.No.10. Critically examine Keynesian theory of interest.

dsUt ds C;kt fl)kUr dk vkykspukRed ewY;kadu dhft,

OR

Explain the superiority between classical and Keynesian theory of interest. Do you think

that Keynes theory is better than classical? Give your comment.

Áfrf"Br ,oe~~ dsUt ds C;kt fl)kUr ds egRo Js"Brk dh O;k[;k dhft,A D;k vki

le>rs gS fd dsUt fl)kUr Áfrf"Br ls mRre gS\ viuk vfHker nhft,A

Q.No.11. What do you mean by marginal efficiency of capital? Do you agree that the efficiency of

capital declines in the long run? Give your comment.

Ikw¡th dh lhekUr {kerk ls vki D;k le>rs gS\ D;k vki bless lger gSa fd nh?kZdky

esa iw¡th dh lhekUr {kerk fxjrh gS\ viuk vfHker nhft,A

OR

What is Investment? Explain the types of investment and measures to stimulate

investment.

fofu;ksx D;k gS\ fofu;ksx ds Ádkj crkb, ,oe~~ fofu;ksx dks ÁksRlkfgr djus okys

mik;ksa dh O;k[;k dhft,A

-----------------------------

1


Public Economics Subject Code: MAE-103

Paper Code: SRS-73

Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^ Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carries 1/2 mark. Use the symbol (√) in the box for marking the

correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. No. I. Choose the correct answer-

lgh mÙkj pqfu,&

1. Economic decisions are taken according to the forces of demand and supply under-

Ek¡kx rFkk iwfrZ dh ’kfDr;ksa ds vk/kkj ij vkfFkZd fu.kZ; fy;s tkrs gS&

a) Market economy

cktkj vFkZO;oLFkk esa

b) Planned economy

fu;ksftr vFkZO;oLFkk esa

c) Both (a) and (b)

nksuksa (a) rFkk (b)

d) None of these


2. The resource allocation for public goods is done by-

lkoZtfud oLrqvksa ds Áko/kku gsrq lalk/kuksa dk vkoaVu fd;k tkrk gS

a) Government b) By private organization

ljdkj }kjk futh {ks= }kjk



3. The point of maximum social advantage is-

vf/kdre lkekftd ykHk dh fcUnq gS&

a) Social sacrifice > Social utility

lkekftd R;kx > lkekftd mi;ksfxrk

b) Social sacrifice < Social utility

lkekftd R;kx < lkekftd mi;ksfxrk

c) Social sacrifice = Social utility

lkekftd R;kx = lkekftd mi;ksfxrk

d) None of these

buesa esa ls dksbZ ugha

Roll No.

Enrollment No.


2

4. Which of the following economists has classified public expenditure on the basis of

functions?

fuEu esa ls fdl vFkZ’kkL=h us lkoZtfud O;; dks dk;Z ds vk/kkj ij oxhZÑr fd;k gS&

a) Robertson b) Adam Smith

jkcVZlu ,Me fLEkFk

c) Pigou d) Marshall

ihxw ek’kZy

5. Fiscal policy deals with which one of the following-

jktdks"kh; uhfr lacaf/kr gS&

a) Cash Reserve Ratio b) Open Market Operations

udn dks"kkuqikr [kqys cktkj dh fØ;k,sa

c) Deficit Financing d) Foreign Relations

?kkVs dh foRr O;oLFkk fons’kh laca/k

6. Among the following canons of taxation which one has been given by

Adam Smith?

fuEu esas ls dkSulk djkjksi.k dk fl)kar ,Me fLEkFk }kjk fn;k x;k gS&

a) Canon of uniformity b) Canon of productivity

,d:irk dk fl)kar mRikndrk dk fl)kar

c) Canon of diversity d) Canon of equality

vusdrk dk fl)kar lekurk dk fl)kar

7. The President of Fourteenth Finance Commission is -

pkSngosa for vk;ksx ds v/;{k gS&

a) C. Rangrajan b) Y.V. Reddy

lh- jaxjktu ok;-oh- jsM~~Mh

c) Vijay Kelkar d) Manmohan Singh

fot; dsydj eueksgu flag

8. A tax which is levied at the same rate on all incomes-

Okg dj tks leku nj ls gj vk; oxZ ij ykxw gksrk gS&

a) Progressive b) Proportional

Áxfr’khy vuqikfrd

c) Regressive d) Degressive

Áfrxkeh v/kksxkeh

9. Physiocratic Theory of Taxation has its origin in -

djkjksi.k ds ÁÑfroknh fl)kar dk ÁknqHkkZo gqvk&

a) Italy b) Britain

bVyh fczVsu

c) France d) India

Ý akl Hkkjr

10. Deficit Financing lead to -

?kkVs dh foÙk O;oLFkk ls gksrk gS&

a) Rise in prices b) Fall in prices

ewY; o``f) dherksa esa fxjkoV

c) Control of prices d) None of these

dherksa ij fu;a=.k mijksDr esa ls dksbZ ugha

3

11. Tax shifting means -

dj foorZu gksrk gS&

a) To bear the tax burden himself

dj Hkkj Lo;a ogu djuk

b) To shift the tax burden on others

dj Hkkj nwljksa ij gLrkarfjr dj nsuk

c) To bear some part of the tax burden and shift the rest on others

Lo;a dqN djHkkj ogu djuk o ckdh fdlh vU; ij foofrZr dj nsuk

d) None of these


12. Service tax was introduced in India in -

Lksok dj Hkkjr esa ykxw gqvk&

a) 1994-95 b) 2005-06

lu~ 1994&95 lu~ 2005&06

c) 1947 d) 1980-81

lu~ 1947 lu~ 1980&81

13. ‘A progressive income tax, reduces the ability to save’. This statement has been given

by-

Áxfr’khy vk;dj cpr djus dh {kerk dks de djrk gSA ;g dFku fn;k&

a) Dalton b) Musgrave

MkYVu us elxzso us

c) Pigou d) Keynes

ihxw us dhUl us

14. The Finance Commission is appointed by –

foÙk vk;ksx dh fu;qfDr djrs gS&

a) President of India b) Prime Minister of India

Hkkjr ds jk"Vªifr Hkkjr ds Á/kkuea=h

c) Chairman of Rajya Sabha d) Speaker of the Loksabha

jkT;lHkk v/;{k yksdlHkk v/;{k

15. Incidence of tax means -

djkikr gS&

a) Direct monetary burden b) Indirect Monetary burden

ÁR;{k ekSfnzd Hkkj vÁR;{k ekSfnzd Hkkj

c) Actual tax burden d) None of these

okLrfod dj Hkkj mijksDr esa ls dksbZ ugha

16. Once the budget is prepared, it is presented before the:

ctV rS;kj gksus ds Ik’pkr mls is’k fd;k tkrk gS&

a) President b) Prime Minister

jk"Vªifr Á/kkuea=h

c) Parliament d) Finance Deptt.

laln esa foÙk vk;ksx

4

17. Which is not a subject matter of Public Finance?

dkSulh yksdfoÙk dh fo"k;lkexzh ugha gS&

a) Public revenue b) Public expenditure

yksd jktLo yksd O;;

c) Finance administration d) Capital market

foRrh; Áca/ku iw¡th cktkj

18. Which is not a Direct Tax?

buesa ls dkSulk ÁR;{k dj ugha gS&

a) Income tax b) Commercial tax

vk;dj okf.kT; dj

c) Property tax d) Gift tax

laifRr dj migkj dj

19. When does the role of the government become important in resource allocation for

public goods?

lkoZtfud oLrqvksa ds fy;s lalk/kuksa ds vkoaVu esa jkT; dh Hkwfedk dc egRoiw.kZ gks tkrh

gS&

a) When market forces fail

tc cktkj ra= foQy gks tkrk gS

b) When public demands it

tc turk bldh ek¡x djrh gS

c) When resources are limited

tc lk/ku lhfer gksa

d) All of these

mijksDr lHkh

20. Public Debt Management involves -

Ykksd _.k Áca/ku esa ’kkfey gS&

a) Assessing the debt requirements

_.k dh vko’;drkvksa dk vk adyu djuk

b) Identifying the sources of debt

_.k ds L=ksr <wa<uk

c) Taking new loans and repaying own debts

u, _.k ysuk rFkk iqjkus _.k okil djuk

d) All of these

mijksDr lHkh

------------------------------

1


Public Economics Subject Code: MAE-103

Paper Code: SRS-73

Time : 2 Hrs. 40 Mts.

M.Marks : 60

Section – B

[k.M&^c^ (Short Answer Type Questions)

(y?kqmRrjh; iz’u)

Attempt all questions (each question carries 4 marks)


Q.No.2. Write a note on the role of Government in an under developed economy.

v/kZfodflr vFkZO;oLFkk esa ljdkj dh Hkwfedk ij fVIi.kh dhft,A

OR

Differentiate between Proportionate Progressive and Regressive Taxes.

vuqikfrd Áxfr’khy rFkk Áfrxkeh djksa esa varj Li"V dhft,A

Q.No.3. Differentiate between public goods and private goods.

lkoZtfud ,oa futh oLrqvksa esa varj Li"V dhft,A

OR

What do you mean by debt burden?

_.kHkkj ls vki D;k le>rs gSa\

Q.No.4. What is fiscal policy?

jktdks"kh; uhfr D;k gS\

OR

How does public expenditure differ from private expenditure.

lkoZtfud O;; ,oa futh O;; esa varj Li"V dhft,A

Q.No.5. What are the canons of taxation given by Adam Smith?

,M~e fLeFk ds }kjk fn;s x;s djkjksi.k ds fl)kar dkSu ls gSa\

OR

What do you mean by taxable capacity?

djnku {kerk ls vki D;k le>rs gS\

Q.No.6. Differentiate between Revenue Budget and Capital Budget.

jktLo ctV rFkk iw¡th ctV esa varj Li"V dhft,A

OR

Define Deficit Financing.

?kkVs dh foÙk O;oLFkk dks ifjHkkf"kr dhft,A

Roll No.

.

2

Section C

[k.M&^l^ (Long answer type questions)

(nh/kZ mRrjh; iz’u) Attempt all questions (each question carries 8 marks)


Q.No.7. How are resources allocated in a planned economy?

,d fu;ksftr vFkZO;oLFkk esa lk/kuksa dk vkoaVu fdl Ádkj gksrk gS\

OR

Write short notes on –

1. Majority voting.

2. Collective decision making

Lkaf{kIr fVIi.kh fyf[k,&

1- Ckgqer ernku Á.kkyh

2- Lkkewfgd fu.kZ; ÁfØ;k

Q.No.8. Discuss the changing role of government in the current competitive world

scenario.

orZeku Áfr;ksxh oSf’od ifjn``’; esa ljdkj dh cnyrh Hkwfedk dh O;k[;k dhft,A

OR

“The system of public finance should be based on the principle of maximum

social advantage”. Explain.

Ykksd foÙk dh Á.kkyh vf/kdre lkekftd ykHk ds fl)kar ij vk/kkfjr gksuk pkfg;sA

O;k[;k dhft,

Q.No.9. Explain the Wiseman- Peacock Hypothesis. Is it applicable in India?

OkkbteSu&ihdk¡d ifjdYiuk dks le>kb,A D;k ;g Hkkjr ij ykxw gksrh gS\

OR

Discuss the objectives and instruments of Fiscal Policy.

jktdks"kh; uhfr ds mns~~’; rFkk ;a=ksa dk fo’ys"k.k dhft,A

Q.No.10. Examine the “Ability of Pay” Principle of Taxation. How would you measure the ability

of the tax payer to pay?

djkjksi.k ds *ns; {kerk fl)kar* dk ijh{k.k dhft,A djnkrk ds dj nsus dh {kerk dks

vki fdl Ádkj ekisaxsa\

OR

Examine the effects of taxation

djkjksi.k ds ÁHkkoksa dk fo’ys"k.k dhft,A

Q.No.11. Explain the various methods of public debt redemption.

lkoZtfud _.k ’kks/ku dh fofHkUu fof/k;k¡ le>kb,A

OR

Analyze the economic effects of public debt, especially with reference to inflation.

lkoZtfud _.k ds vkfFkZd ÁHkkoksa dk fo’ys"k.k dhft,A eqnzkLQhfr ds fo’ks"k lanHkZ esa A

-----------------------------

1


Quantitative Economics Subject Code: MAE-104

Paper Code: SRS-74 Time : 20 Minutes

M.Marks : 10

Section A

[k.M v

(Objective Type Questions)

¼oLrqfu"B Á’u½

Attempt all questions. Each question carries 1/2 marks. Use the symbol () in the box for marking the

correct answer.

lHkh iz’u vfuok;Z gSA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSA lgh mÙkj gsrq fn;s x;s ckDl esa () fpUg dk

iz;ksx djsaA

Q. No. 1. Choose the correct answer-

lgh mÙkj pqfu,&

1. The difference between upper and lower limit of a class is called-

fdlh oxZ dh Åijh o fupyh lhek ds vUrj dks dgrs gSaA

a) Class Frequency b) Class Range

oxZ vko``fÙk oxkZUrj foLrkj

c) Class Limits d) Mid Value

oxZ lhek,a e/; fcUnq

2. The value of mean, median and mode remains same in-

Ekk/;] ekf/;dk ,oa cgqyd ds ewY; ,d gksrs gSaA

a) Positive odd (uneven) distribution

/kukRed fo"ke forj.k esa

b) Negative odd (uneven) distribution

_.kkRed fo"ke forj.k esa

c) Symmetric distribution

lefer forj.k esa

d) All of these

mijksä esa ls lHkh

3. If value of x= -2 is in an equation 2x + 3y = 5 than value of y will be-

;fn lehdj.k 2x + 3y = 5 gks rks ,oa x= -2 gks rks y dk eku gksxk&

a) 1/3 b) 1

c) 3 d) 9

4. If demand function D = 10 – 5p and supply function S = -5 + 5p; then equilibrium price

will be-

Ekk¡x Qyu D = 10 – 5p vkSj iwfrZ Qyu S = -5 + 5p gS rks lkE; dher D;k gksxh\ a) 5/2 b) 3/2

c) 2/3 d) -3/2


Roll No.

Enrollment No.

2

5. From the following, which cannot be calculated through a diagramme?

fuEu esa ls fdldh x.kuk fp= dh lgk;rk ls ugha dh tk ldrh gS\

a) Mean b) Median

ek/; ekf/;dk

c) Mode d) Quartile

cgqyd prqZFkd

6. From the following which value is not based on each item of a series?

fuEu esa ls dkSu lk eki Js.kh ds izR;sd eku ij vk/kkfjr ugha gS\

a) Range b) Mean Deviation

foLrkj ek/; fopyu

c) Standard Deviation d) None of these

izeki fopyu mijksä esa ls dksbZ ugha

7. If variance is 144 then standard deviation will be-

;fn izlj.k 144 gks rks ekud fopyu gksxk&

a) 12 b) 44

c) 06 d) 72

8. If N=10, ∑X=60, ∑X2=1,000; then standard deviation is-

;fn N=10, ∑X=60, ∑X2=1,000 gks rks ekud fopyu gksxk&

a) 8 b) 12

c) 6 d) 100

9. The limits of Karl Pearson’s coefficient of co-relation is.

dkyZ fi;lu lglEcU/k xq.kkad dh lhek,¡ gSA

a) ±1 b) ±2

c) ±3 d) None of these


10. The correlation between demand for and prices of a commodity is-

oLrq ds ewY; rFkk ek¡x esa lglEcU/k gksrk gS&


/kukRed _.kkRed



11. Both regression lines cut across at the point at-

nksuksa izrhixeu js[kk;s dkVrh gSa fcUnq&

a) (x, y) b) (1, 1)

(x, y) ij ¼1] 1½ ij

c) (0, 0) d) None of these

¼0] 0½ ij mijksä esa ls dksbZ ugha

3

12. Who used the word regression for the first time?

Lkka[;dh esa loZizFke izrhixeu ’kCn dk iz;ksx fdlus fd;k\

a) Bowley b) Karl Pearson

ckmys dkyZ fi;lZu

c) Francis Galton d) Wallice & Roberts

Ýkafll xkYVu okfyl rFkk jkWcVZl

13. Following is a linear equation-

y = 2x + 7

fuEufyf[kr js[kh; Qyu gS&

y = 2x + 7

a) Yes b) No

gk¡ ugha


nksuksa (a) ,oa (b) mijksä esa ls dksbZ ugha

14. Value of function f (x) = x2 – x + 2 at x = -3 is-

x = -3 Ikj Qyu f (x) = x2 – x + 2 dk eku gS&

a) 8 b) 12

c) -10 d) 14

15. If mean of 15 numbers is 15. And two numbers 08 and 12 are withdrawn from the

series then the mean of remaining number will be-

15 la[;kvksa dk ek/; 15 ik;k x;kA ;fn nks la[;k;s 08 rFkk 12 fudky nh tk;s rks ‘

’ks"k la[;kvksa dk ek/; gksxk&

a) 15.77 b) 10

c) 25 d) 12

16. If the value of mean of a series 3, 4, x, 8 is 5 then the value of x is-

;fn 3] 4] x] 8 dh ek/; 5 gks rks x dk eku gksxk&

a) 3 b) 4

c) 5 d) 6

17. Mean deviation is least then-

Ekk/; fopyu U;wure gksrk gS&

a) Mean b) Median

ek/; ls ekf/;dk ls

c) Mode d) None of these

cgqyd ls mijksä esa ls dksbZ ugha

18. If x + y = 5 and x – y = 1; then the value of x and y is-

;fn x + y = 5 ,oa x – y = 1 gS rks x o y dk eku gksxk&

a) (3, 2) b) (2, 3)

c) (2, 2) d) (3, 3)

4

19. The concept of rank correlation is given by-

ØekUrj lglaca/k xq.kkad dk fopkj fn;k gS&

a) Karl Pearson b) Spearman

dkyZ fi;lZu us fLi;SjeSu us


nksuksa (a) ,oa (b) mijksä esa ls dksbZ ugha

20. If y=x2

then 𝑑𝑦

𝑑𝑥 will be-

;fn y=x2 gS rks

𝑑𝑦

𝑑𝑥 gksxk&

a) x-2

b) 2x-1

c) x-1/2

d) 2x

---------------------------

1


Quantitative Economics Subject Code: MAE-104

Paper Code: SRS-74 Time : 2 Hrs.40 Mts.

M.Marks : 60

Section B

[k.M c (Short Answer Type Questions)

(y?kq mÙkjh; iz’u)



Q.No. 2. Find Geometric mean of the following numbers.

8, 64, 125

fuEufyf[kr dk xq.kksÙkj ek/; ¼T;kferh; ek/;½ crk;sA

8] 64] 125

OR

Find the value of mean from the following.

Age - 10-20 20-30 30-40 40-50

Frequency - 04 16 25 50

fuEu vk¡dM+ksa ls ek/; Kkr djsaA

vk;q & 10&20 20&30 30&40 40&50

vko``fÙk & 04 16 25 50

Q.No. 3. Write short note on equation.

Lkehdj.k ij laf{kIr fVIi.kh fyf[k;sA

OR

Find the value of x and y for the equation.

2x + 5y = 20

x + 2y = 16

fn;s gq;s lehdj.k dk gy fudkysaA

2x + 5y = 20

x + 2y = 16

Q.No. 4. If 𝑦 =3𝑥2+4𝑥2+5

2𝑥 , then find dy/dx

;fn 𝑦 =3𝑥2+4𝑥2+5

2𝑥 gS] rks dy/dx Kkr djsaA

OR

Differentiate: y= ( 4x2 +2x) ( 8x

3 +3x

2)

vodyu djsa% y= ( 4x2 +2x) ( 8x

3 +3x

2

Q.No. 5. Define regression analysis and write its importance.

izrhixeu dks ifjHkkf"kr djsa ,oa bldk egRo fy[ksaA

OR

Explain the concept of Interpolation and Extrapolation.

vkUrj&x.ku vkSj ckg~; x.ku dh vo/kkj.kk dks le>kb,A

Roll No.

2

Q.No. 6. Define Index Numbers and give its Characteristics.

lwpdkad dks ifjHkkf"kr dhft, vkSj bldh fo'ks"krk,a crkb,A

OR

Write about the problems arising in the construction of Index Number.

lwpdkad ds fuekZ.k esa mRiUu gksus okyh leL;kvksa ds ckjs esa fy[ksaA

Section C

[k.M l (Long Answer Type Questions)

(nh?kZ mÙkjh; iz’u)



Q.No. 7. Calculate mean from the following table.

Wage (less than) 10 20 30 40 50 60

No. of labours 12 18 27 42 47 56

fuEufyf[kr lkj.kh ls ek/; dh x.kuk djsaA

etnwjh ¼ls de½ 10 20 30 40 50 60

Jfedksa dh la[;k 12 18 27 42 47 56

OR

Give critical description of important measures of central tendency.

dsUnzh; izo``fÙk ds ekius dh fofHkUu jhfr;ksa dh vkykspukRed O;k[;k dhft;sA

Q.No. 8. Solve the following equations.

4x. 2

y = 128 -

33x + 2y

= 9x – y

-

gy djsaA

4x. 2

y = 128 -

33x + 2y

= 9x - y

-

OR

Solve the following equation.

6x2

- 10x + 4 = 0

Lkehdj.k 6x2

- 10x + 4 = 0 dks gy djsaA

Q.No. 9. Explain the concept, process and rules of differentiation.

vodyu dh vo/kkj.kk] ÁfØ;k vkSj fu;eksa dks le>kb,A

OR

Find elasticity of demand if demand function is x=25-4p+p2

where x is the demand

for commodity at price p.

ekax dh yksp Kkr dhft, ;fn ekax Qyu@dk;Z x=25-4p+p2 gS] tgka dher p ij oLrq dh

ekax x gSA

3

Q.No. 10. Write short note on-

a) Coefficient of Correlation.

b) Coefficient of Regression.

c) Equations of Regression Analysis.

fuEu ij laf{kIr fVIi.kh fy[ksa&

a) lglEcU/k xq.kkad

b) izrhixeu xq.kkad

c) izrhixeu lehdj.k

OR

Find the missing value by the use of Binomial Expansion Method from the data given

below:

Year Sales 1950 250

1955 285

1960 328

1965 x

1970 440

uhps fn;s x;s vkadM+ksa }kjk f}in foLrkj fof/k ds Á;ksx ls vKkr eku Kkr djsaA

o"kZ foØ;

1950 250

1955 285

1960 328

1965 x

1970 440

Q.No. 11. Calculate Fisher’s Ideal Index Number from the following data:

Price in 2011 Expenditure in 2011 Price in 2012 Expenditure in 2012

2 40 5 75

4 16 8 40

1 10 2 24

5 25 10 60

fuEu vkadM+ks ls fQ'kj vkn'kZ lwpdkad la[;k dh x.kuk dhft,%

2011 esa dher 2011 esa O;; 2012 esa dher 2012 esa O;;

2 40 5 75

4 16 8 40

1 10 2 24

5 25 10 60

OR What is Cost of living Index? Mention the steps used in the construction of the Index

and its measurement methods.

thou fuokZg O;; lwpdkad D;k gS\ lwpdkad ds fuekZ.k esa vkSj bldh eki ÁfØ;kvksa ¼rjhdks½

esa mi;ksx fd, tkus okys pj.kksa dk mYys[k dhft,A

----------------------

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M.A. (Eco.)First Semester Examination (Year 2015) Advanced ... · M.A. Economics First Semester Examination (Year 2015) Macro Economics Subject Code: MAE-102 Paper Code: SRS-72 Time