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00r-001404
B.A. (CBCS) (Sem.-IID Examination
December-2013
Macro Economics : Paper
(Elective - II)
-
5
Faculty Code : 001
Subject Code : 001404
Time: 2% Iloursl
: (l)
Instruction :
ilrt.u
(2)
lTotal Marks : 70
6i.i Rrou"t{ vqtq Gruqe'ltti q.Lq(lt.
Give answeG for both sections in main answer sheet.
613 q,{-ri %rrqft 6ug-ri {is3i
A u-q{i Wr tcr
Figues to the right indicate firll marks of the questions.
*
edi
d.
hou3t -USection-1
l. M.c.Q.
(l) tJI-{i qi{ }t'l U?q6r- dut-tl Rtcid s,{i {sirtrr.,{I auL au'.{qL{ }ud.cr ?
1u) cicrlr
(d) 6\dkt
1a; lR.s [i tLsI
(c)
(2)
(3)
(4)
20
or!r! r4eierR.,0rd
Who has given the interest theory ofdemand and supply of capital ?
David Ricardo
Walcess
Tawsing
All ofthese
<,u%.i r4rer {.R.rl Rrcid j,rl l,reltu+d} dr?t r,u.qq.rqi {tda d ?
ui. qutei
llq3 ?'Lr3I
titFtq?
rI. qlcr?+r
Who was given the principle of abstinence theory of interest ?
Marshall
David tucardo
Seniro
Walrus
qir.L{l ?t$.r {€,tet =
2
GDP
alRcl
(a)
(b)
(d)
(a)
(c) !i.
(a)
G) !i.
(c)
(c)
(a) GNP
(c) NNP
Net national product:
(a) GNP
(c) NNP
(d)
(b)
(d)
(b)
(d) \lNP
2
GDP
O)
(d) \'NP
rli. qrarl 3Gli -{I{-uqir{I sil U+ds eq d
?
(b) Wealth of nations
(a) General Theory
(c) Das Kpital
{d) Origin ofSpecies
Which book from the following is written by Charles Darwin ?
(a) GeneralTbeory
(b) Wealth of nations
(c) Das Kapital
(d) Origin ofspecies
a{rti
(5) r'i. ]6-il }qt 4sid1-l
?rt {l.i ddr-u r,tr[i& Rr<ial .,ri,ar d r
(a) ulxctdl
O) {lqrdl
(c) +t't[ryq.[f,[
(d) Ftq 4eicia
Refering to which economy Prof. Keynes gave his own economic theories ?
(a) Sociaiism
O) Capitalism
(c) Communism
(d) Mixed economy
'
001-001404
1
P.T.O.
(6)
(7)
qlsl ,idr-tl Gudl %l{l{rdl.l qdnr{ yifl4tdl-ft
(a)
(c)
uirJl
qt
(b) iti',{l
(A)
grL)s
(arl{
}zdl {srq-[
crBl
d
?
tg r.uir ulti
Compared to present need how much importance is given to the futue need for
people ?
(b) Equal
(a) Less
(d) Sometjmc more, sometime less
(c) More
ntllit tlaa { ?
(a) qtrlrtL{i }r$tr * 5et ,lttr
r{lrtict
cr1{?
(b) q\srerqi htR = qtqsqi *riLr
(c) gd <rq?nl + r{l,q31[ hil?
(d) 3a qq?ur - 3er qrq.3
(s)
What is marginal propensity to consume ?
Change in consumption + Total income
Change in consumption + Change in income
Total consumption + Change in income
Total consumption + Total income
cua'l-ft irutfl{ Frer[ts q?'l6rut Jt
6d{rt.r 14.i
(a)
(b)
(c)
(d)
i
d?
}tict
l4{rst?s
Q) 34
(d) ta ?tttst
{c) o{r%€?
js
Which the main determined factor ofrate ofproduction and level of emplo)ment ?
(a) Total supply
(b) Total effective demand
(a) Ja gct5l
(c) Rate of interest
(d) Total investment
(9) !i. I6-r-u u urrLsl {acLLuurri +urLtgtit }.{I rJ d I
qqrl
1c; ulu'l
(a)
0)
(d)
How the propensity to consume
Rq?
qur{
remains in shod period
according to Prof.
Keynes ?
(a) Increase
(c) Decrease
',
(10) APC + APS (l
,
l)
(a) 1.s
(c) I
_2
O)
(d)
(:b)
(d)
Stabl€
Medium
2
2.5
qt{[a-tl ?tdlq ]u.t3-[l' rtqtdfl{ r,tt t.r't i.rl t9 f
(a) 3e
rlc 6c{t€-rq4ft
(d) qrkrR3 6c\uL{qe{l
(c) 3rar
6d{re{Cte{I
Gc{relQsfl
&)
Which approach is suggested by Marshall for calculating National I[come
(a) Total
Net produce
Real produce
Gross
qul
ri:ri€,oft
.,
)r.l %.u et
(12) iis3
]ql r.i6iq d ?
(c)
produce
produce
(a) <{R
(c) nqui
(b)
(d)
(b) itrtt't
(d)
l,lcu
What is the relation between cash preference and rate of interest ?
Equal
un-proportionate
(a) Inverse
(c) Proportionate
001-001404
O)
(d)
2
?
(13) cfdqth-ti [it<i.t +t] lsrq 4rt u{rLri"{l,I r'6 rlet r
rlqJ-+-r
1c; d.drL. saL{
(b) {f€r{.i
(d) d.{ . }0cr
principle of accelerator ?
first
economist
to
introduce
Who was the
(b) Samuelson
(a) Robc(son
(d) J.S. Mill
(c) J.M. Cla*
(a)
(14) g€r sr{l q?rr% q€r{r.l
{r.ti s,ri tL,l r,llqqqrrll 4t{ d ?
(a) GNP
O) GDP
(d) KN?
(c) NNP
What is the short name ofgross domestic prcduce ?
(b) GDP
(a) GNP
(d) KNP
(c) NNP
w
(1s) 1t?rrlz6 ),u<rE{
3{ d ?
(a) 3a ?t4{ r{Lq3 + l,r[-{I %-l+ita{l
tbl :q U{lq qrqt r Lu-[l Y-r*.\r{t
{c) tx ?r9{ qlqs . atl-0 %iiirqt
{dr €a ?rvl4 ulrq{ der.fl %i{"qt
What is the formula of per capita income ?
(a) Gross National lncome + Number ofpopulation ofthe colurtry
(b) Gross National Income + Number ofpopulation ofthe coulltry
(c) Gross National lncome x Nurnber ofpopulation ofthe country
(d) Cross National Income' Number of population of the country
(16) tjt.tl r{lqla gLdallr.rL- u{cr +r'luq}L 34i 4{rll+diq ?y 3le ?
(a) d.a)'r. Id*L
O) 6?Rq RrR
t{Iz?
l,Ii.
(d) d.i,h. {Iei
(c)
tt?
who has first introduced the concept ofmarginal efficiency ofcapilal ?
(a) J.M. Keynes
(b) Irving Fisher
(d) J.S. Mill
(c) Peter F. Drucker
(17) ltst{ft-{I q[i{ut r,tt? {]s{l qg sat Uri ,{? ,{Jl edl ?
(a) +uli{c{td[ l{tl
tdt.{r€'l
(c) ha qe{ria-tL hti
(d) +ruYqrdl hrl
hi
0)
Which were the countries most advers€ly' affected by the great depression
(a) Communist
(b) Capitalistic countries '
Socialist countries
Courfties with mixal economy
(d)
(b) A"s +
(d) APS x I
(r9) %l l,tr.{J-{I cJqcl qtul l,r}lrr-r r'l l qd eI,{ dl qq?r{rtRr }{I ri
(b) qa{q
(a) ults'l
q{Ll
(d) Rqr
(c)
(18)
(c)
AIC_?
(a) APS I
(c) I APS
countries
1
t} r
How is the propensityto consume ifdistribution of income is more equal
(a) Decrease
(b) Medium
(c) Increase
(20)
!6-rl
arqar Ukts "ceneral
?
(d)
?
Stable
Theoqy''Hrl nFt.d crqL*rl
4t{e
Z
(a) d.{. r 932
O) 6.{. re43
(d) r5.+1. 1929
(c) 6.ir. 1936 .
When did the book "General Theory'' written by Ke)'nes published ?
(b) In 1943
(a) In 1932
(d) In 1929
(c) ln 1936
001-001404
3
P.T.O.
Rouet -
2/Sectior-2
: (1) di5 !rr-r.[ tBr rr?}tt .t{].
{lr-u
:
lnstruction
(2)
AII questions marks are not equal.
%{q[ qrg-ri ds
t$
€erli d.
Right side figure shows the total marks ofthe question.
2.
14 ?rr?r'ri,r {zcl
I .1'1 -tdl n+i qr'lqqi zcr.t.
What is an aggregate demand ? Examine the factoB affecting the aggregate
{
demand ?
10
qq.{,/oR
er${ qrqs{l }ier%i.{l 6qrl[iLdL ze[ql.
Importance of estimates of National Income.
3.
trq
ql. lqrs.ri qlJrdrcl 3{ d
Explain the concept ofmultiplier ? What are the
tcri-rl
blrter
t0
?
leakages
ofmultiplier
?
r,tq.tvOR
e[rdrti
r,t|q3.ri -[I?u .!Ddt?.ti 3nq rc[ql.
The causes oflow growth late ofNational Income in India.
{h
4.
(a)
as'dlt er,,i : Orq a
di)
8
Shon note : (Any one)
:r[.rqth ded {i r
rt
What is Acceleralion ?
r
(2) q\rlfl1Rri
(b)
r,r ? 3?di q?'l6tql
Factors affecting the propensity to consume
Rt. q C1ql : (rrq a
dt,
Short note : (Any one)
{
|
,
?tvlq ouq3li lq[qq u{rdi
Discuss the various concepts ofNational Income.
(2) tjt-{]
i{Iqia &,[a't.tL.i
r{l
6?di
qflqq)
Factors affecting the marginal efficiency ofcapital.
5.
6t
A tl)
Short answers : (Any two)
(1) ?rqtq r{rq3.rl uir,r%I.{l r:rl€rr,rl
Leakages of estimates of National Income
(2) d{%-ti e4rdr f.i{q- nr,cld
The Abstilence Theory of Interest
(3) 1JI.{I dlqid sr,{qrqaL
Jrcr .llrhl r,i6itr
Explain the relationship betwe€n Marginal efliciency of capital and investrhent.
1+) +utLet [+tI+
Consumption function
asl
elu : (ct{
}ti tJI
001-001404
4
l1