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1 MA (Eco.) Second Semester Examination (Year 2015) Advanced Economic Analysis Subject Code: MAE-201 Paper Code: FCJ-71 Time : 20 Minutes M.Marks : 10 Section A [k.M&^v^ Objective Type Questions oLrqfu"B Á’u Attempt All Questions. Each question carry 1/2 mark. Use the symbol (√) in the box for marking the correct answer. lHkh iz’u vfuok;Z gS aA izR;s d iz’u gsrq 1@2 vad fu/kkZfjr gS aA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsa A Q. No. I. Choose the correct answer- lgh mÙkj pqfu,& 1. The demand of the product in perfect competition market is- iw.kZ Áfr;ks fxrk cktkj esa mRiknu dh ek¡x gS& a) Elastic b) Perfectly elastic yks pnkj iw.kZr;k yks pnkj c) Both (a) and (b) d) None of these nks uks a (a) ,oa (b)s a mijks Dr es a ls dks bZ ugha 2. The producer of monopoly market has control on- ,dkf/kdkj cktkj dk mRiknd fu;a=.k j[krk gS & a) On Demand b) On supply ek¡x ij iwfrZ ij c) On profit d) None of these ykHk ij mijks Dr es a ls dks bZ ugha 3. In monopoly the firm and industry are- ,dkf/kdkjh es a QeZ ,oa m|ks x gS& a) Same b) Different leku fHkUu c) Both (a) and (b) d) None of these nks uks a (a) ,oa (b)s a mijks Dr es a ls dks bZ ugha 4. The condition of equilibrium of firm in long run in perfect competition is- iw.kZ Áfr;ks fxrk ds nh/kZ dky esa QeZ ds larqyu dh fLFkrh gS& a) AR=MR b) MR=MC c) LAC=Price d) All of these mijks Dr lHkh Roll No. Enrollment No Enrollment Invigilator’s Signature

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Page 1: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.) Second Semester Examination (Year 2015)

Advanced Economic Analysis Subject Code: MAE-201

Paper Code: FCJ-71 Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^ Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carry 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. The demand of the product in perfect competition market is-

iw.kZ Áfr;ksfxrk cktkj esa mRiknu dh ek¡x gS&

a) Elastic b) Perfectly elastic

ykspnkj iw.kZr;k ykspnkj

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

nksuksa (a) ,oa (b)sa mijksDr esa ls dksbZ ugha

2. The producer of monopoly market has control on-

,dkf/kdkj cktkj dk mRiknd fu;a=.k j[krk gS&

a) On Demand b) On supply

ek¡x ij iwfrZ ij

c) On profit d) None of these

ykHk ij mijksDr esa ls dksbZ ugha

3. In monopoly the firm and industry are-

,dkf/kdkjh esa QeZ ,oa m|ksx gS&

a) Same b) Different

leku fHkUu

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

nksuksa (a) ,oa (b)sa mijksDr esa ls dksbZ ugha

4. The condition of equilibrium of firm in long run in perfect competition is-

iw.kZ Áfr;ksfxrk ds nh/kZdky esa QeZ ds larqyu dh fLFkrh gS&

a) AR=MR b) MR=MC

c) LAC=Price d) All of these

mijksDr lHkh

Roll No.

Enrollment No Enrollment

No.

Invigilator’s Signature

Page 2: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

5. “The theory of imperfect competition” book was written by-

“The theory of imperfect competition” iqLrd ds }kjk fy[kh xbZ Fkh&

a) Chamberlain b) Marshall

pSEcjysu ek’kZy

c) Pigou d) Hicks

ihxw fgDl

6. Bilateral monopoly relates with-

f}i{kh; ,dkf/kdkj lEca/k j[krh gS&

a) Perfect competition b) Imperfect competition

iw.kZ Áfr;ksfxrk viw.kZ Áfr;ksfxrk

c) Zero Competition d) None of these

'kwU; Áfr;ksfxrk mijksDr esa ls dksbZ ugha

7. Oligopoly is part of-

vYikf/kdkj vax gS&

a) Monopoly b) Perfect competition

,dkf/kdkj esa iw.kZ Áfr;ksfxrk

c) Imperfect competition d) Monopolistic competition

viw.kZ Áfr;ksfxrk ,dkf/kdkjkRed Áfr;ksfxrk

8. The production of cement is an example of-

lhesUV mRiknu mnkgj.k gS&

a) Perfect competition b) Imperfect competition

iw.kZ Áfr;kfsxrk viw.kZ Áfr;ksfxrk

c) Oligopoly d) None of these

vYikf/kdkj mijksDr esa ls dksbZ ugha

9. Marginal revenue productivity is determined by-

lhekUr vkxe mRikndrk ds }kjk fu/kkZfjr dh tkrh gS&

a) Marginal physical production × Marginal revenue

lhekUr HkkSfrd mRikndrk × lhekUr vkxe

b) Average productivity × Average revenue

vkSlr mRikndrk × vkSlr vkxe

c) Both (a) and (b)

nksuksa (a) ,oa (b)sa

d) None of these

mijksDr esa ls dksbZ ugha

10. The assumption of marginal productivity theory of distribution is-

forj.k ds lhekUr mRikndrk fu;e dh ekU;rk,¡ gSa&

a) Perfect competition in product market

mRikn cktkj esa iw.kZ Áfr;ksfxrk

b) Perfect competition in factor market

lk/ku cktkj esas iw.kZ Áfr;ksfxrk

c) Both (a) and (b)

nksuksa (a) ,oa (b)sa

d) None of these

mijksDr esa ls dksbZ ugha

Page 3: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

3

11. Rent relates with-

ykxr lEcfU/kr gS&

a) Land b) Labour

Hkwfe Je

c) Capital d) None of these

iw¡th mijksDr esa ls dksbZ ugha

12. Theory of surplus value was given by-

vkf/kD; ewY; fl)kUr ds }kjk fn;k x;k Fkk&

a) Marshal b) Pigou

ek’kZy ihxw

c) Marx d) Keynes

ekDlZ dhat

13. The wage rate in the perfect competition is determined at the point of-

iw.kZ Áfr;ksfxrk esa etnwjh dh nj ml fcUnq ij fu/kkZfjr gksrh gS ftl ij&

a) Demand of Labour equal supply of labour

Je dh ek¡x ,oa Je iwfrZ cjkcj gksa

b) Only on demand curve

dsoy ek¡x oØ ij

c) Only on supply curve

dsoy iwfrZ oØ

d) None of these

mijksDr esa ls dksbZ ugha

14. Gross profit is-

dqy ykHk gS&

a) Total revenue-Total explicit cost

dqy vkxe - dqy Li"V ykxr

b) Total revenue + Total cost

dqy vkxe dqy + ykxr

c) Total revenue-Wage cost

dqy vkxe - etnwjh ykxr

d) All of these

mijksDr lHkh

15. According to Hicks and Hanson the rate of interest is determined at the point of-

fgDl ,oe~ gsUlu ds vuqlkj C;kt dh nj dk fu/kkZj.k ml fcUnq ij fd;k tkrk gS&

a) I=S b) L=M

fofu;ksx = cpr eqnzk dh ek¡x = eqnzk dh iwfrZ

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

nksuksa (a) ,oa (b)sa mijksDr esa ls dksbZ ugha

Page 4: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

4

16. Theory of Risk and uncertainty was introduced by-

ykHk dk tksf[ke ,oe~ vfuf’prk fl)kUr ds }kjk Áfrikfnr fd;k x;k Fkk&

a) Prof Knight b) Prof Marshall

Áks- ukbZV Áks- ek’kZy

c) Prof. Pigou d) None of these

Áks- ihxw mijksDr esa ls dksbZ ugha

17. Which economist is not related to the welfare economics?

dY;k.kdkjh vFkZ’kkL= ls dkSu lk vFk’kkL=h lEcfU/kr ugha gS\

a) Pigou b) Pareto

ihxw isjsVks

c) Little d) Keynes

fyfVy dhat

18. The welfare analysis of Pareto relates with-

isjsVks dk dY;k.koknh fo’ys"k.k lEcfU/kr gS&

a) Production and Distribution b) Consumption and Distribution

mRiknu ,oe~ forj.k miHkksx ,oe~ forj.k

c) Consumption and production d) None of these

miHkksx ,oe~ mRiknu mijksDr esa ls dksbZ ugha

19. Welfare Economics is-

dY;k.koknh vFkZ’kkL= gS&&

a) Real Science b) Idealism science

okLrfod foKku vkn’kZoknh foKku

c) Science d) None of these

foKku mijksDr esa ls dksbZ ugha

20. Who gave “social choice” and “individual value” thought in welfare economics?

dY;k.k vFkZHkklq esa ^^lkekftd p;u^^ ,oe~ ^^O;fDrxr ewY;^^ ds fopkj fdlus ÁLrqr

fd;s\

a) Pareto b) Pigou

isjsVks ihxw

c) Arrow d) Marshall

,jks ek’kZy

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

Page 5: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.) Second Semester Examination (Year 2015)

Advanced Economic Analysis Subject Code: MAE -201

Paper Code: FCJ-71

Time : 2:40 hours

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 the difference between Firm and Industry.

QeZ ,oe~ m|ksx esa varj dh O;k[;k dhft;sA

OR

How can the Monopoly be controlled and regulated? Explain.

,dkf/kdkj dks dSls fu;af=r ,oe~ fu;fer fd;k tk ldrk gS\ O;k[;k dhft;sA

Q.No.3. Explain the basic features of monopolistic competition.

,dkf/kdkjkRed Áfr;ksfxrk dh ewy fo’ks"krkvksa dh O;k[;k dhft;saA

OR

Explain bilateral monopoly in brief.

f},dkf/kdkj dks laf{kIr esa le>kbZ;sA

Q.No.4. Explain theory of distribution in brief.

forj.k ds fl)kUr dh laf{kIr esa O;k[;k dhft;sA

OR

Explain the difference between Factor price and Product price.

lk/ku dher ,oe~ oLrq dher esa varj dh O;k[;k dhft;sA

Q.No.5. Explain differential rent.

yxku foHksn dh O;k[;k dhft;sA

OR

Explain Liquidity preference theory of interest.

C;kt ds rjyrk vf/keku fl)kUr dh O;k[;k dhft;sA

Q.No.6. What is welfare Economics? Explain.

dY;k.k vFkZHkklq D;k gS\ O;k[;k dhft;sA

OR

Explain Arrow’s impossibility theorem.

,sjks dh vlEHkko; fl)kUr dh O;k[;k dhft;sA

Roll No.

Page 6: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

Section C

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

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

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

Q.No.7. Explain the Equilibrium of a firm in perfect competition in Longrun with the help

of diagram.

iw.kZÁfr;ksfxrk esa fdlh QeZ dh nh/kZdkyhu lUrqyu dh O;k[;k fp= dh lgk;rk ls

dhft;sA

OR

Explain the Equilibrium of the firm in the long run in Monopoly with the help of

diagram.

,dkf/kdkj esa fdlh QeZ dh nh/kZdkyhu lUrqyu dh O;k[;k Nk;kfp= dh lgk;rk ls

dhft;sA

Q.No.8. Explain Chamberlin’s alternative approach of Equilibrium under Monopolistic

Competition.

,dkf/kdkjkRed Áfr;ksfxrk ds vUrxZr lUrqyu dh O;k[;k pSEcjfyu oSdfYid fl)kUr

ds ek/;e ls dhft;sA

OR

Explain price and output determination under bilateral monopoly.

f},dkf/kdkj ds vUrxZr dher ,oe~ mRiknu fu/kkZj.k dh O;k[;k dhft;sA

Q.No.9. Explain the determination of a factor price under imperfect competition with the

help of diagram.

viw.kZ Áfr;ksfxrk ds vUrxZr lk/ku dher ds fu/kkZj.k dh O;k[;k fp= dh lgk;rk ls

dhft;sA

OR

Critically examine the Marxian theory of income distribution.

ekDlZ ds vk; forj.k fl)kUr dk vkykspukRed ewY;kadu dhft;sA

Q.No.10. Explain modern theory of interest.

C;kt ds vk/kqfud fl)kUr dh O;k[;k dhft;sA

OR

Explain dynamic theory of profit.

ykHk ds xR;kRed fl)kUr dh O;k[;k dhft;sA

Q.No.11. Explain pareto optimal condition of welfare with the help of diagram.

fp= dh lgk;rk ls isjVks ds dY;k.k vuqdwyre ¼lEHkko;½ 'krksZa dh O;k[;k dhft;sA

OR

Write short note (any two).

i) General equilibrium of welfare Economics.

ii) Value Judgment.

iii) Social welfare function.

laf{kIr fVIi.kh fyf[k;s ¼dksbZ nks½%&

v½ dY;k.k vFkZHkklq dk lkekU; larqyu

c½ ewY;fu.kZ;

l½ lkekftd dY;k.k Qyu -------------------------

Page 7: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.) Second Semester Examination (Year 2015)

Monetary Economics and Banking Subject Code: MAE-202

Paper Code: FCJ-72 Time : 20 Minutes

M.Marks : 10

Section A

[k.M&^v^

Objective Type Questions

oLrqfu"B Á’u

Attempt All Questions. Each question carry 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. Equation of fisher’s quantity theory of money is-

Áks- fQ’kj dk eqnzk ifjek.k fl)kar dk lehdj.k gs&

a) 𝑀𝑉 + 𝑇 b) 𝑀𝑉

𝑇

c) 𝑀𝑉+𝑀′𝑉 ′

𝑇 d) None of these

mijksDr esa ls dksbZ ugha

2. What is the relation between demand of money and price level of goods?

eqnzk dh ek¡x ,oa oLrq dher Lrj esa dSlk laca/k gSA

a) Straight b) Opposite

lh/kk foijhr

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

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

3. Prof.Marshall’s equation in quantity theory of money is-

eqnzk ds ifjek.k fl)kar esa Áks- ek’kZy dk lehdj.k gS&

a) 𝑀 = 𝐾𝑌 + 𝐾′𝐴 b) 𝑀 =𝐾𝑌

𝑘 ′𝐴

c) 𝑀 = 𝐾𝑌 × 𝐾′𝐴 d) All of these

mijksDr lHkh

4. M1 includes-

M1 esa lfEefyr gS&

a) Currency with Public

turk ds ikl djsUlh

b) Deposits with Bank

cSad esa tek

c) Other Deposits with Reserve Bank

fjtoZa cSad ds ikl vU; tek

d) All of these

mijksDr lHkh

Roll No.

Enrollment No.

Invigilator’s Signature

Page 8: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

5. The strength of credit creations of bank deposit depends on-

cSad dh lk[k fuekZ.k 'kfDr fuHkZj djrh gS&

a) Primary Deposit b) Credit Deposit

ÁkFkfed tek ij lk[k tek ij

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

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

6. Multiplier is always-

xq.kd lnSo gksrk gS&

a) Between one and infinite b) Not between one and infinite

,d ,oa vUkUr ds chp ,d ,oa vuUr ds chp ugha

c) Less d) More

de vf/kd

7. Measures for control of inflation are-

eqnzk LQhfr ij fu;a=.k ds mik; gSa&

a) Increase in Bank rates b) Increase in taxes

cSad nj esa o`f) djksa esa o`f)

c) Increase in production d) All of these

mRiknu esa o`f) mijksDr lHkh

8. Monetary policy means-

ekSfnzd uhfr dk vFkZ gS&

a) To collect financial recourses b) To control money and credit

foÙkh; lk/ku ,df=r djuk eqnzk ,oa lk[k dks fu;af=r djuk

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

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

9. Objectives of monetary policy are-

eksfnzd uhfr ds mn~ns’; gS&

a) Neutrality of money b) Stability of price

eqnzk dh rVLFkrk dher dh fLFkjrk

c) Total employment d) All of these

iw.kZ jkstxkj mijksDr lHkh

10. Which of the following is a liability of a bank?

fuEu esa ls dkSu lk cSad dk mÙkjnkf;Ro gS\

a) Deposit b) Investment

tek fuos’k

c) Loans d) Bill receivable

_.k ÁkI; fcy

11. Which of the following is not a source for obtaining funds by a bank?

fuEu esa ls dkSu lk] cSad ls dks"k ÁkIr djus dk mi;qDr lk/ku ugha gS\

a) Share Capital b) Deposit

va’k iw¡th tek

c) Overdraft d) Borrowing

vksij Mªk¶V m/kkj

Page 9: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

3

12. Nationalization of reserve Bank took place in the year-

fjtoZ csad dk jktLrjhdj.k o"kZ esa--------------------------- esa gqvkA

a) 1947 AD b) 1948 AD

c) 1949 AD d) 1950 AD

13. A central Bank does not have the objective of-

dsfUnz; csad dk mn~ns’; ugha gS&

a) Monetary control b) Issue of currency

eksfnzd fu;a=.k Qjsalh tkjh djuk

c) Profit making d) Development of banking

ykHk vftZr djuk cSad dk fodkl

14. Which of the following function is performed by a central Bank?

dsfUnz; cSad ds }kjk dkSu lk dk;Z ÁLrqr fd;k tkrk gS\

a) Credit creation

lk[k fuekZ.k

b) Discounting of Bills

cÍk nj

c) Ownership of other banks

vU; cSad dk LokfeRo

d) Custodian of cash reserve of bank

cSad ds udn dks"k dk vkj{kd

15. Causes of inflation are-

eqnzk LQhfr ds dkj.k gSa&

a) Deficit financing b) Tax Policy

?kkVs dh foÙk O;oLFkk dj uhfr

c) Increase in demand d) All of these

ek¡x esa o`f) mijksDr lHkh

16. The present number of public sector banks in India is-

Hkkjr esa orZeku le; esa lkoZtfud {ks= esa---------------------cSad gSA

a) 14 b) 8

c) 27 d) 20

17. The Regional Rural Banks were established for the first time in the year-

loZÁFke {kSdh; xzkeh.k cSad--------------------- esa LFkkfir gq,A

a) 1960 b) 1971

c) 1980 d) 1975

Page 10: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

4

18. Instruments of monetary policy are-

ekSfnzd uhfr ds midj.k gSa&

a) Bank rate policy b) Open market policy

cSad nj uhfr [kqys cktkj dh fØ;k;sa

c) Credit rationing d) All of these

lk[k dh jk’kfuax mijksDr lHkh

19. Measure(s) to control Business cycle-

O;kikj pØ dks fu;af=r djus ds midj.k gSa&

a) Monetary Policy b) Fiscal Policy

eksfnzd uhfr

c) Direct control d) All of these

ÁR;{k fu;a=.k mijksDr lHkh

20. Which one is not the type of business cycles?

fuEu esa ls ,d-----------------------------O;kikj pØ dk Ádkj ugha gS&

a) Major Cycles b) Minor Cycles

Áeq[k pØ y?kq pØ

c) Short Waves d) Long Waves

NksVh ygjsa nh/kZ ygjsa

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

Page 11: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.) Second Semester Examination (Year 2015)

Monetary Economics and Banking Subject Code: MAE -202

Paper Code: FCJ-72

Time : 2:40 hours

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 the cash Balance approach in brief.

udn 'ks"k n`f"Vdks.k dks la{ksi esa le>kbZ;sA

OR

Explain the difference between the cash Transaction approach and cash balance

approach to the quantity theory of money.

eqnzk ifjek.k fl)kUr ds varxZr udn ysu nsu nf"Vdks.k rFkk udn dks"k n`f"Vdks.k esa

varj dks le>kbZ;sA

Q.No.3. State the instruments of monetary control.

eqnzk fu;a=.k ds midj.kksa dk mYys[k djsaA

OR

Write the effects of monetary policy.

eksfnzd uhfr ds ÁHkkoksa dks fyf[k;sA

Q.No.4. Which factors are responsible for demand pull inflation.

ek¡x Ásfjr LQhfr ds fy;s mÙkjnk;h dkjd dkSu ls gSa\

OR

Explain the Anti-inflation Policy.

LQhfr fojks/kh uhfr dks le>kbZ;sA

Q.No.5. How do commercial banks differ from other types of banks?

O;olkf;d cSad vU; cSdksa ls fdl Ádkj fHkUu gS\

OR

What are different types of Bank Deposits?

cSad tek [kkrk fdrus Ádkj ds gSa\

Q.No.6. Describe the essential characteristics of business cycle.

O;kikj pØ dh Áeq[k fo’ks"krk,¡ crkbZ;sA

OR

Discuss some of the important theories of Business Cycle.

O;kikj pØ ds egRoiw.kZ fl)kUrksa dk doospuk dhft;sA

Roll No.

Page 12: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

Section C

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

(nh/kZ mRrjh; iz’u)

Attempt all questions (each question carry 8 marks)

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

Q.No.7. Explain Fisher’s equation of quantity theory of money.

fQ’kj ds eqnzk ifjek.k fl)kUr ds lehdj.k dks le>kbZ;sA

OR

Under cash balance approach how does Keynes’ equation differ from other

equations. Explain.

udn 'ks"k n`f"Vdks.k es dhUl dk lehdj.k vU; lehdj.kksa ls fdl Ádkj fHkUu gS\

le>kbZ;sA

Q.No.8. “The multiplier is an inherent part of Keynesion theory of income and

employment” Discuss.

^^xq.kd dhUlh;u vk; fl)kar rFkk jkstxkj dk vk/kkjHkwr Hkkx gSA^^ le>kbZ;sA

OR

Define monetary policy. Discuss the objectives of monetary policy.

eksfnzd uhfr dks ifjHkkf"kr dhft;sA mlds eq[; mn~ns’;ksa dh foofpuk dhft;sA

Q.No.9. Explain the causes of price inflation. Can inflation promote economic

development?

dher Ásfjr LQhfr ds dkj.k crkb;sA D;k eqnzk LQhfr vkfFkZd fodkl dks ÁksUlkfgr

dj ldrh gS\

OR

Describe the different types of inflation.

eqnzk LQhfr ds fofHkUu Ádkjksa dk o.kZu dhft;sA

Q.No.10. Explain the problems of commercial banks and their remedies.

O;kikfjd oSdksa dh leL;k,¡ ,oa mlds fujkdju ds mik; fyf[k;sA

OR

Describe various functions and services of modern banking.

vk/kqfud cSafdax ds fofHkUu dk;ksZa ,oa lsokvksa dk o.kZu dhft;sA

Q.No.11. Give a critical account of Keynes’ views on trade cycles.

dhUl ds O;kikj&pØ lEcU/kh fopkjksa dh vkykspukRed O;k[;k dhft,A

OR

Describe the essential characteristics of business cycles and also explain the

various phases of a business cycles.

O;kikj&pØ dh Áeq[k fo’ks"krk,¡ crkbZ;s ,oa O;kikj pØ dh fofHkUu voLFkkvksa dks

le>kbZ;sA

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

Page 13: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.)Second Semester Examination (Year 2015)

Research Methods & Statistical Inference Subject Code: MAE -203

Paper Code: FCJ-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. 1. Choose the correct answer-

lgh mÙkj pqfu,&

1. Action research means-

fØ;kfu"B 'kks/k dk Hkko gS&

a) A longitudinal research

ns’kkUrjh; 'kks/k

b) An applied research

O;kogkfjd 'kks/k

c) A research initiated to solve an immediate problem

,d 'kks/k ftls fdlh t#jh leL;k ds fy;s ÁkjaHk fd;k x;k gksA

d) A research with socio-economic objective

lkekftd vkfFkZd /;s; ls dh xbZ 'kks/k

2. Research is-

'kks/k gS&

a) Search again and again

ckj&ckj [kkst djuk

b) Finding solution to any problem

fdlh leL;k dk lek/kku <+w<uk

c) Working in a scientific way to search for truth of any problem

oSKkfud rfjds ls fdlh leL;k ds lR; dk irk yxkus ds fy;s dk;Z djuk

d) None of these

mijksDr esa ls dksbZ ugha

3. A common test in research demands much priority on-

vuqla/kku ¼vUos"k.k½ esa ,d lkekU; ijh{k.k esa ÁkFkfedrk nh tkrh gS&

a) Reliability b) Usability

fo’oluh;rk dks Á;ksx dks

c) Objectivity d) All of these

oLrqfu"Brk dks mijksDr lHkh

Invigilator’s Signature

Roll No.

Enrollment No.

Page 14: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

4. Which of the following is the first step in starting the research process?

buesa ls 'kks/k ÁfØ;k dk igyk dne D;k gSA

a) Searching sources of information to locate problem

leL;k dk fu/kkZj.k djus ds fy;s lwpuk ds L=ksr dh [kkst

b) Survey of related literature

lacaf/kr lkfgR; dk losZ{k.k

c) Identification of the problem

leL;k dh igpku

d) Searching solution to the problem

leL;k dk lek/kku <w+¡<+uk

5. If a researcher conducts a research on finding out which administrative style

contributed more to institutional effectiveness this will be an example of-

;fn dksbZ 'kks/kdrkZ bl vk’k; ls 'kks/k djrk gS fd dkSu lk ÁcU/kdh; <+ax T;knk

laxBkUkkRed ÁHkko’kkyh gksxk rc ;g fdl 'kks/k dk mnkgj.k gksxk&

a) Basic Research b) Action Research

vk/kkjHkwr 'kks/k fØ;kfu"B 'kks/k

c) Applied Research d) None of these

O;ogkfjd 'kks/k mijksDr esa ls dksbZ ugha

6. Normal probability curve should be-

lkekU; ¼ukeZy½ Ákf;drk oØ js[kk dks gksuk pkfg;sA

a) Positive skewed b) Negatively Skewed

ldkjkRed #i ls fo"ke udkjkRed #i ls fo"ke

c) Leptokurtic skewed d) Zero Skewed

rqaxddqnh fo"ke 'kwU; fo"ke

7. Research ethics do not include-

'kks/k uSfrdrk fdls 'kkfey ugha djrh gS&

a) Honesty b) Subjectivity

bZekunkjh O;kfDrijdrk

c) Integrity d) Objectivity

U;k;fu"Bk oLrqfu"Brk

8. Manipulation is always a part of-

tksM+&rksM+ lnSo fdldk Hkkx gksrk gS&

a) Historical Research b) Fundamental Research

,sfrgkfld 'kks/k ewyHkwr 'kks/k

c) Descriptive Research d) Experimental Research

fooj.kkRed 'kks/k Á;ksxkRed 'kks/k

9. A null hypothesis is-

,d jn~n ifjdYiuk gS&

a) When there is no difference between the variable

tc pjks ds chp dksbZ fHkUurk u gks

b) The same as research hypothesis

'kks/k ifjdYiuk ds leku

c) When there is difference between the variable

tc pjksa ds chp fHkUurk gks

d) Subjective in nature

Á—fr esa O;fDr fu"B

Page 15: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

3

10. The Research which is exploring new facts through the study of the past is called-

ml 'kks/k dks tks vrhr ds v/;;u }kjk u;s rF;ksa dh [kkst djrh gS D;k dgsxk&

a) Philosophical research b) Historical research

nk’kZfud 'kks/k ,sfrgkfld 'kks/k

c) Mythological research d) Content analysis

fefFkgkfld 'kks/k fo"k; fo’ys"k.k

11. The more sales in a market at the occasion of a festival is related with-

fdlh R;ksgkj ds volj ij cktkj esa vf/kd fcØh lacaf/kr gS&

a) Trend b) Seasonal variations

miufr ls _rqfu"B fopj.k ls

c) Cyclical fluctuation d) Irregular fluctuation

pØh; mPpkopu ls vfu;fer mPpkopu ls

12. The phases of cyclical fluctuation are-

pØh; mPpkopu dh voLFkk,¡ gSa&

a) One b) Four

,d pkj

c) Two d) Six

nks N%

13. In time series if annual data is given over many years then ________ could not be

considered.

;fn dk Js.kh ftlesa vusd o"kksZa ds okf"kZd led fn;s gks rks ------------------------ ij fopkj

ugha fd;k tk ldrkA

a) Seasonal variable b) Secular trend

ekSleh fopj.k nh/kZdkyhu Áo`fÙk

c) Cyclical variable d) Irregular fluctuation

pØh; fopj.k vfu;fer mPpkopu

14. Cyclical variable in a time series are caused by-

fdlh dky Js.kh esa pØh; fopj.k gksus ds dkj.k gS&

a) Lock outs & strike b) Epidemics rkykcanh vkSj gM+rky egkekfj;k¡

c) Floods and drought d) None of these

ck<+ vkSj lw[kk mijksDr esa ls dksbZ ugha

15. In indirect method of least squares the equation for finding a and b are-

U;wure oxZ jhfr dh vÁR;{k jhfr }kjk a rFkk b ds eku Kkr djus ds lehdj.k gSa&

a) 𝑥 = 𝑛𝑎 + 𝑏 𝑦 and 𝑥𝑦 = 𝑎 𝑥 + 𝑏 𝑥2

b) 𝑦 = 𝑛𝑎 + 𝑏 𝑥 and 𝑥𝑦 = 𝑎 𝑥 + 𝑏 𝑥2

c) 𝑥 = 𝑛𝑎 + 𝑏 𝑥2 and 𝑥𝑦 = 𝑎 𝑥 + 𝑏 𝑥

d) 𝑦 = 𝑛𝑎 + 𝑏 𝑥2 and 𝑥𝑦 = 𝑎 𝑥 + 𝑏 𝑥2

Page 16: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

4

16. A card is drawn from a well shuffled pack of cards. The probability that it is a

card of spade is-

rk’k dh vPNh rjg QsaVh xbZ ,d xM~Mh esa ls ,d iÙkk pquk tkrk gS og iÙkk gqde

dk gksxk bldh Ákf;drk gS&

a) ¼ b) 13/51

c) 1/13 d) 11/49

17. In how many ways can the letters of the word “SADHANA” be arranged?

“SADHANA” 'kCn esa vkus okys v{kjksa dks fdrus Ádkj ls O;ofLFkr fd;k tk ldrk

gS\

a) 840 b) 1680

c) 5040 d) None of these

mijksDr esa ls dksbZ ugha

18. A bag contains 5 red balls, 8 white balls, and 10 black balls. A ball is drawn.

What is the probability that the ball drawn will be either be white or black?

,d FkSyh esa 5 yky] 8 lQsn] 10 dkyh xsan gSaA ,d xsan fudkyh tkrh gSA bl ckr dh

D;k lEHkkouk gS fd fudkyh xbZ xsan lQsn ;k dkyh gksus dh Ákf;drk gksxh\

a) 8/23 b) 10/23

c) 18/23 d) 2/23

19. How many permutation can be formed with the letters of the word

“STATISTICS”?

“STATISTICS” 'kCn ds fofHkUu vk{kjksa ls dqy fdrus Øep; cuk;s tk ldrs gSa\

a) 50400 b) 55800

c) 65300 d) None of these

mijksDr esa ls dksbZ ugha

20. The probability of a sure event is-

fuf’pr ?kVuk dh Ákf;drk gS&

a) 0 b) 1

c) ½ d) None of these

mijksDr esa ls dksbz ugha

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

Page 17: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

MA (Eco.) Second Semester Examination (Year 2015)

Research Methods & Statistical Inference Subject Code: MAE-203

Paper Code: FCJ-73 Time : 2:40 hours

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. What is the importance of report writing in research?

fjiksMZ jkbfMax esa 'kks/k ds egRo D;k gSasa\

OR

What do you mean by research design?

'kks/k vfHkdYi ls vki D;k le>rs gSa\

Q.No.3. Discuss the causes of variations in time series data.

dky Js.kh ds leadks es fopj.k ds dkj.k crkbZ;sA

OR

Discuss the utility of time series analysis.

dky Js.kh fo’ys"k.k dh mi;ksfxrk crkbZ;sA

Q.No.4. Discuss the importance of the concept of probability in statistics.

lkaf[;dh; esa Ákf;drk dh vo/kkj.kk dh egÙkk dh O;k[;k dhft;sA

OR

Define probability.

Ákf;drk dh ifjHkk"kk nhft;sA

Q.No.5. What is hypothesis? Explain.

ifjdyiuk D;k gS\ le>kbZ;sA

OR

What do you mean by sampling?

fun’kZu ls vki D;k le>rs gSa\

Q.No.6. Distinguish between large and small sample?

cM+s rFkk NksVs U;kn’kksZa esa varj crkbZ;sA

OR

What do you mean by standard error?

Áeki foHkze ls vki D;k le>rs gSa\

Roll No.

Page 18: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

2

Section C

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

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

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 8 vad fu/kkZfjr gSa)

Q.No.7. What do you mean by Research Design? Discuss the various types of research design.

'kks/k vfHkdYi ls vki D;k le>rs gSa blds Ádkjksa dks le>kbZ;sA

OR

Discuss the merits & demerits of survey method of data collection.

leadks ds ladyu ds ykHk rFkk gkfu dh O;k[;k dhft;sA

Q.No.8. Describe the method of measurement of trend in time series by the method of moving

average.

,d dky Js.kh ls miufr fu/kkZfjr djus dh py ek/; jhfr dk o.kZu dhft;sA

OR

Find the values by the method of 4 yearly moving average.

pkj o"khZ; py ek/; jhfr ls miufr ewY; Kkr dhft;sA

Year¼o"kZ½ : 1981 82 83 84 85 86 87 88 89 90 91

Sales¼fcØh½: 290 280 285 310 320 305 310 330 340 321 320

Q.No.9. Give the classical and statistical definition of probability and state the relationship, if any

between the two definitions.

lEHkkfor dh xf.krh; vkSj lkaf[;dh; ifjHkk"kk nhft;s vkSj muesa fufgr laca/k ;fn dksbZ gks rks

mldk o.kZu dhft;sA

OR

How many different words can be formed out of the letters of the word “COLLEGE”?

'kCn “COLLEGE” ds v{kjksa ls fdrus fofHkUu 'kCn cuk;s tk ldrs gSa\

Q.No.10. What is hypothesis? Discuss the different types of Hypothesis.

ifjdyiuk D;k gS\ blds fofHkUu Ádkjksa dks le>kbZ;sA

OR

Write short note on-

i) Standard error

ii) Sampling Distribution

iii) Large & small sample

fuEufyf[kr ij laf{kIr fVIi.kh fyf[k;s&

i) Áeki foHkkx

ii) fun’kZu fooj.k

iii) cMs+ vkSj NksVs U;kn’kZ

Q.No.11. Explain the importance of ANOVA for statistical analysis.

lakf[;dh; fo’ys".k esa ANOVA dk egRo crkbZ;sA

OR

Find value of 𝑥2 for the following information.

fuEu tkudkjh ls 𝑥2 Kkr dhft;sA

Class ¼Js.kh½ A B C D E

Observed frequency 8 29 44 15 4

Expected frequency 7 24 38 24 7

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

Page 19: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

1

Invigilator’s Signature

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

International Economics Subject Code: MAE-204

Paper Code: FCJ-74

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. Trade in geographical boundaries of a country or state is called-

Tkc O;kikj fdlh ns’k ;k Áns’k dh HkkSxksfyd lhekvksa esa gksrk gS rks mls

a) Inter-regional trade b) Foreign trade

varZ{ks=h; O;kikj fons’kh O;kikj

c) International trade d) None of these

varZjk"Vªh; O;kikj mijksDr esa ls dksbZ ugha

2. Trade between two countries is called-

Tkc nks ns’kksa ds chp O;kikj gksrk gS rks mls dgrs gSA

a) Bilateral Trade b) Unilateral trade

f}i{kh; O;kikj ,d i{kh; O;kikj

c) Multilateral trade d) None of these.

Ckgqi{kh; O;kikj mijksDr esa ls dksbZ ugha

3. Separate principle is not necessary for international trade is said by -

varZjk"Vªh; O;kikj ds fy;s vyx fl)kUr dh vko’;drk ugh gS ;g dFku gS&

a) Prof. Adam Smith b) Prof. Ricardo

Áks- ,Me fLeFk Áks- fjdkMksZ

c) Prof. Mill d) Prof. Barton Ohlin

Áks- fey Áks- cfVZu vksgfyu

4. Factors determining the gains from international trade are -

varZjk"Vªh; O;kikj ls feyus okys ykHk dks fu/kkZfjr djus okys dkjd gS&

a) Difference in cost ratio b) Level of income

ykxr vuqikrksa esa varj vk; dk Lrj

c) Reciprocal demand d) All of these

ikjLifjd ek¡x mijksDr lHkh

Roll No.

Enrollment No.

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2

5. Ricardo’s principle of comparative profit depends on__.

fjdkMksZ dk rqqyukRed ykHk dk fu;e fuHkZj djrk gS&

a) Law of Opportunity b) Law of value of labour

volj ykxr fl)kar ewY; dk Je fl)kar

c) Law of disciplinary return d) None of these

mRifRr gk~~l fl)kar mijksDRk esa ls dksbzZ ugha

6. Which kind of national trade policy has been accepted by Adam Smith?

,Me fLeFk us fdl Ádkj ds O;kikj dks jk"Vªh; uhfr ds :i esa Lohdkj fd;k gS\

a) Free trade b) Protected trade

Lora= O;kikj lajf{kr O;kikj

c) Controlled trade d) None of these

fu;af=r O;kikj mijksDr esa ls dksbZ ugha

7. Who propounded the principle of reciprocal demand?

ikjLifjd Ek¡kx fl)kar dk Áfriknu fdlus fd;k

a) J.S. Mill b) Marshall

ts-,l- fey ek’kZy

c) David Ricardo d) Adam Smith

MsfoM fjdkMksZ ,M~~e fLEkFk

8. Offer curves from trade Indifference curve is derivated by__.

O;kikj mnklhurk oØksa ls ÁLrko oØ O;qRiHk djuk fdlus cuk;k&

a) Prof. Mill b) Prof. Johnson

Áks- fey Ákss- tkWulu

c) Prof. James Mead d) Prof. Stevens

Áks- tsEl ehM Áks- LVhoUl

9. Terms of net and gross Barter trade have been propounded by-

fuoy ,oa ldy oLrq fofue; O;kikj dh ’krksZ dk Áfriknu fd;k gS&

a) Jacob Viner b) Taussing

tSdc ckboj VkWflax

c) D.S. Dorrance d) J.S. Mill

Mh-,l- MksjsUl ts-,l- fey

10. Terms of income based trade has been propounded by

vk;xr O;kikj dh ’krkZs dk Áfriknu fd;k gS&

a) Adam Smith b) J.S. Mill

,M~~~e fLeFk ts-,l- fey

c) Edgeworth d) D.S. Dorrance

,stsoFkZ Mh-,l- MksjsUl

11. Main factors influencing terms of trade are

O;kikj dh ’krkZs dks ÁHkkfor djus okys eq[; dkjd gS&

a) Economic Development b) Trade Tariff

vkfFkZd fodkl O;kikj ’kqYd

c) Devaluation d) All of these

voewY;u mijksDr lHkh

Page 21: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

3

12. Measures of antidumping-

,UVh jkf’kikRe dk mik; gs&

a) Import embargoes b) Import Quota

vk;krjksd vk;kr dksVk

c) Voluntary Export Retreat d) All of these

,sfPNd fu;kZr jksd mijksDr lHkh

13. Optimum tariff formula is -

b"Vre Á’kqYd QkeZwyk gS&

a) TF = 1

𝑒−1 b) TF =

𝑒−1

1

c) TF = 1−𝑒

1 d) None of these

14. Effects of tariff on income distribution started by the economist -

vk; fooj.k ij Á’kqYd ds ÁHkko crkus okys vFkZ’kkL=h gS&

a) Stopler and Samuelson b) Metzler and Bhaghvati

LVksIyj vkSj lSE;qYlu eSVtZyj vkSj Hkxorh

c) Laneastor and Bhagvati d) All of these

YkSadkLVj vkSj Hkxorh mijksDr lHkh

15. Merits of import quota-

vk;kr dksVk ds xq.k gS&

a) Fixed quantity of imported goods

vk;kfrd oLrqvksa dh fLFkj ekxk

b) Fix the correct quantity of foreign exchange

fons’kh&fofue; dh lgh ek=k fuf’pr djuk

c) Definite reduction of import

vk;kr dks fuf’pr rkSj ls de djuk

d) All of these

mijksDr lHkh

16. Formula of net Barter terms of trade is -

’kq) oLrq fofue; ’krZ dk QkeZwyk gS&

a) T𝐶 = 𝑃𝑥 𝑃𝑚 b) T𝐶 = 𝑃𝑛 𝑃𝑚

c) T𝐶 = 𝑃𝑥 𝑃𝑥𝑖 d) None of these

17. Factors affecting terms of trade -

O;kikj dh ’krZ dks ÁHkkfor djus okys dkjd gS&

a) Reciprocal demand b) Changes in factor

ikjLifjd ek¡x lk/ku leL;kvksa esa ifjorZu

c) Change in Technology d) All of these

ÁkS|ksfxdh esa ifjorZu mijksDr lHkh

18. Which type of tariff tax is correct -

Á’kqYd dj ds dkSu ls Ádkj lgh gS&

a) Ad valorem Tariff b) Specific Tariff

ewY;kuqlkj ’kqYd ifjek.k ’kqYd

c) Compound and sliding scale Tariff d) All of these

fefJr vkSj folihZ ’kqYd mijksDr lHkh

Page 22: MA (Eco.) Second Semester Examination (Year 2015) … Economics.pdfMA (Eco.) Second Semester Examination (Year 2015) Monetary Economics and Banking Subject Code: MAE-202 Paper Code:

4

19. Which model was formulated to verify Hecksher Ohlin model in the year 1951

o"kZ 1951 esa gsEpj vksgfyu ekWMy ds lR;kiu ds fy;s dkSulk ekWMy cuk;k x;k&

a) Input Output Model b) Labour productivity model

vkxr fuxZr ekWMy Je mRikndrk ekWMy

c) Leontief Paradox model d) All of these

fy;ksufrQ] fojks/kkHkkl ekWMy mijksDr lHkh

20. For trade under constant opportunity cost -

fLFkj volj ykxrksa ds vUrxZRk O;kikj ds fy;s&

a) Production possibility curve is a straight line

mRiknu laHkkouk oØ ,d ljy js[kk gksrh gS

b) Production possibility curve is concave towards origin

mRiknu lHkakouk oØ ewyfcnwa dh vkjs ukrsRokj gksrk gSaA

c) Production possibility is convex towards origin

mRiknu laHkkouk oØ ewyfcanw dh vksj mRRkksrj gksrk gS

d) None of these

mijksDr esa ls dksbZ ugha

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

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1

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

International Economics Subject Code: MAE-204

Paper Code: FCJ-74 Time : 2:40 hours

M.Marks : 60

Section – B

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

(y?kqmRrjh; iz’u)

Attempt all questions (each question carries 4 marks)

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

Q.No.2. Explain the definition of International trade and its necessity?

varjk"Vªh; O;kikj dh ifjHkk"kk ,oa vko’;drk dks le>kb;sA

OR

Critically evaluate absolute difference in cost theory of Adam Smith?

,M~~e fLEkFk ds lkis{k vUrjykxr fl)kar dh vkykspukRed O;k[;k dhft;sA

Q.No.3. Write a short note on the concept of offer curve.

ÁLrko oØ dh vo/kkj.kk ij laf{kIr fVIi.kh fyf[k,A

OR

What do you understand by community indifference curve?

Lkkeqnkf;d mnklhurk oØ ls vkidk vk’k; D;k gS\ le>kb;sA

Q.No.4. Explain the concept of constant opportunity cost.

fLFkj volj ykxr dh vo/kkj.kk dh O;k[;k dhft,A

OR

A separate theory of International trade is not necessary. Explain the statement.

varZjk"Vªh; O;kikj ds fy;s ÁFkd fl)kar dh vko’;drk ugha gS bl dFku dks

le>kb;sA

Q.No.5. Explain the terms of trade.

O;kikj dh ’krksZ ds Ádkj le>kb;sA

OR

Explain the effect of change in commodity prices on real factor reward with help

of Samuel son theorem.

okLrfod lk/ku vk; ij oLrq dherksa ds ifjorZu ÁHkko le>kb;sA

Q.No.6. Explain the meaning of tariff and its types.

rVdj dk vFkZ ,oa Ádkj crkb;sA

OR

Explain the objects and effects of dumping? jkf’kikru ds mns~~’; ,oa ÁHkko le>kb;sA

Roll No.

Enrollment No

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2

Section C

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

(nh/kZ mRrjh; iz’u)

Attempt all questions (each question carries 8 marks)

lHkh iz’uksa ds mRrj nsaA (lHkh iz’uksa ds fy;s 8 vad fu/kkZfjr gSa)

Q.No.7. What is the difference between international and interregional trade?

varZjk"Vªh; vkSj varZ{ks=h; O;kikj esa D;k varj gS \ le>kb;sA

OR

Write a note on the application of Ricardo’s theory in underdeveloped countries?

vYi fodflr ns’kksa esa fjdkMksZ ds fl)kar dh O;ogkfjdrk ij foLr`r ys[k fyf[k;sA

Q.No.8. Critically analyze Mills theory of reciprocal demand.

fey ds ikjLifjd ek¡x ds fl)kar dh vkykspukRed O;k[;k dhft;sA

OR

What are the trade indifference curve? .Explain its properties.

O;kikj mnklhu oØ D;k gksrs gSA mudh fo’ks"krk,¡ le>kb;sA

Q.No.9. Discuss theory of Hecksher Ohlin of International trade?

gsDpj vksgfyu }kjk Áfrikfnr varZjk"Vªh; O;kikj ds fl)kar dh foospuk dhft;A

OR

What is Leontief Paradox? Examine it critically.

fy;ksufrQ fojks/kkHkkl le>kb;s rFkk fy;ksufrQ fojks/kkHkkl dh vkykspuk dhft;sA

Q.No.10. What do you mean by term of trade? Explain the factors which affect the

determination of term of trade?

O;kikj dh ’krksZ ls vki D;k le>rs gSA O;kikj ’krksZ dks fu/kkZfjr djus okys ?kVdksa dh

O;k[;k dhft;sA

OR

Explain factor price equalization with Edgeworth box diagram.

Lkeku dher l;kuhdj.k ,toFkZ ds js[kk fp= }kjk le>kb;sA

Q.No.11. Tariff will sometimes lead to retaliation. Explain.

**dHkh&dHkh rVdj ls Áfr’kks/kkRed uhfr ds ÁksRlkgu feyrk gS** O;k[;k dhft;sA

OR

State current incidence of dumping in India and write a note on their impact on our

economy.

jkf’kikru ds Hkkjr esa orZeku mnkgj.k crkb;sa rFkk buds gekjh vFkZ&O;oLFkk ij gq;s

ÁHkko ij ,d ys[k fyf[k;sA

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