Examination December 2011
Master of Commerce (M. Com.) –Previous
Advanced Economic Theory
First Paper
Time : 3 Hrs.M.M. : 70
veesš–Fme ØeMve he$e ceW Ûeej Keb[ nQ~ Gòej osves kesâ henues efveoxMeeWkeâes meeJeOeeveerhetJe&keâ heÌ{W~
(This Question Paper consists of 4 Sections. Read Instructions carefully before attempting the Questions.)
KeC[–De (Section–A)
Deefle ueIeg GòejerÙe SJeced Jemlegefve‰ Øekeâej kesâ ØeMve
(Very Short Answer and Objective Type Question)
meYeer ØeMve DeefveJeeÙe& nQ~10 1 = 10
(All Questions are Compulsory)
1.efve<keâ<e&Ce GÅeesie keäÙee nw?
What is Extractive Industries?
2.MetvÙe ueesÛe efkeâmes keânles nw?
Define Zero elasticity?
3.DeeÙe ØeYeeJe keäÙee nw?
What is Income effect?
4.meeceevÙe ueeYe efkeâmes keânles nQ?
Define Normal Profit.
5.DehetCe& ØeefleÙeesefielee keäÙee nw?
What is imperfect competition?
6.keâercele veerefle keäÙee nw?
What is Price Policy?
7.Deewmele ueeiele efkeâmes keânles nQ?
What is average cost?
8.mekeâue je°^erÙe Glheeo keäÙee nw?
Define Gross National Product?
9.ØeeLeefcekeâleeDeeW kesâ efveOee&jCe keâe efmeæevle keäÙee nw?
What is Principle of Priority targets?
10.DemLeeF& ueeieleW efkeâmes keânles nwb?
Define variable cost.
KeC[–ye (Section-B)
ueIeg GòejerÙe ØeMve (Short Answer Type Questions)
efkeâvneR ome ØeMveeW kesâ Gòej oerefpeÙes~10 2 = 20
(Attempt any Ten Questions)
11.JÙeeheeefjkeâ DeLe&MeeŒe keâer cegKÙe efJeMes<eleeSB keäÙee nw?
What is chief characteristics of business Economics?
12.JÙeeheej leLee DeLe&MeeŒe keâe keäÙee mecyevOe nw?
What is relation between trade and Economics?
13.ceebie keâer ueesÛe keâe cenlJe efueefKeS~
Write the importance of the concept of elasticity.
14.JeemleefJekeâ ueeiele efkeâmes keânles nw?
Define actual cost.
15.meerceevle ueeiele kesâ Ûeej ueeYe efueefKeS~
Write four advantages of Marginal costing.
16.keâevetve Éeje SkeâeefOekeâej hej efveÙev$eCe kewâmes efkeâÙee peelee nw?
How is control of Monopoly through legislation?
17.mevlegueve keâe efmeæevle efkeâmes keânles nQ?
Define Principles of Balances.
18.DeeefLe&keâ keâuÙeeCe Je je°^erÙe DeeÙe ceW keäÙee mecyevOe nw?
What is the relation between economic welfare and national Income?
19.keâjeOeeve efkeâmes keânles nQ?
Define taxation.
20.DeeÙe keâer Demeceevelee mes keäÙee mecePeles nQ?
What do you understand by inequality of Income?
21.yeQkeâoj veerefle keäÙee nw?
What is banker rate Policy?
22.keâervme efmeæevle keâe keäÙee cenlJe nw?
What is the importance of Keynes Theory?
23.jepekeâes<eerÙe veerefle keäÙee nw?
Define fiscal Policy.
24.‘JeeefCepÙe’ Meyo mes Deehe keäÙee mecePeles nQ?
What do you understand by term ‘commerce’?
25.DeJÙeòeâ ueeieleW keäÙee nesleer nQ?
What are implicit cost?
KeC[–me (Section-C)
efJeMues<eelcekeâ/mecemÙeelcekeâ ØeMve (Analytical/Problematic Questions)
efkeâvneR oes ØeMveeW kesâ Gòej 350 MeyoeW ceW oerefpeS~2 10 = 20
(Attempt any Two Questions in 350 words.)
26.ceebie hetJee&vegceeve keäÙee nw leLee Fmekesâ GösMÙe keäÙee nw?
What is demand forecasting and what are its objective?
27.Goemeervelee Je›eâ keäÙee nw?SJeb Goemeervelee Je›eâ keâer ceevÙeleeSB keäÙee nw?
What is indifference curve and what is assumption of the indifference curve analysis?
28.heefjJele&veerÙe Devegheele keâe efveÙece keâe DeeOegefvekeâ Âef°keâesCe keäÙee nw?
What is modern view of law of variable proportion?
29.efÉÙeeefOekeâej ØeefleÙeesefielee kesâ Devleie&le Heâce& keâer keâercele efveOee&jCe kewâmes efkeâÙee peelee nw?
How price determination of a firm is make under Duopoly?
30.neš^s kesâ JÙeeheej Ûe›eâ keâe efmeæevle keäÙee nw leLee Fmekeâer DeeueesÛeveeSB efueefKeS~
What is Hawtrey’s Monetary theory of trade cycle and write its criticism.
KeC[–o (Section-D)
oerIe& GòejerÙe ØeMve (Long Answer Type Questions)
efkeâmeer Skeâ ØeMve keâe Gòej 700 MeyoeW ceW oerefpeS~1 20 = 20
(Attempt any One Question in 700 words.)
31.keâeueeOeve yeÌ{ves kesâ keäÙee keâejCe nw leLee Fmekeâe DeLe&JÙeJemLee hej keäÙee ØeYeeJe nw?
What are the causes of growth of Black money and its impact on economy.?
32.je°^erÙe DeeÙe keâe Devegceeve ueieeves ceW JÙeeJeneefjkeâ keâef"veeFÙeeB keäÙee nw leLee je°^erÙe DeeÙe kesâ DeekeâÌ[eW ceW megOeej kesâ megPeeJe oerefpeS~
What are the practical problems in estimating National Income and give suggestion for improving the national Income statistics.