University of Lucknow 2005 B.A Economics ( Part II) , -( I) , (National Income Analysis,Money and nking) - Question Paper

B.A ( Part II) exam 2005

Economics-(Paper I)
(National Income Analysis,Money and Banking)


Time Allowed : 3 Hours
Maximum Marks:50

Note: Total Number of ques. to be answered is Five. ques. no. one is compulsory.Attempt 1 ques. fom every unit.Each ques. of the unit carries 7.5 marks.


1.Explain the subsequent in brief: 20
(i) Trade Cycle
(ii) Consumption Function
(iii) Bank rate
(iv)Deflation
(v) Philips curve
(vi) Measures of money supply
(vii) Functions of R.B.I
(viii) Circular flow of income
(ix) Objectives of Exchange-Control
(x) Internatuional Monetary Fund.



UNIT I
2. Critically examine Keynessian theory of employment and income determination.
3.Define national income and explain the expenditure method of estimating national income.


UNIT II
4.What do you understand by value of money?Discuss cash-transactions approach of the volume theory of money.
5.Discuss the causes and consequences of inflation.

UNIT III
6.Distinguish ranging from 'quantative' and 'qualitative' methods of credit control.Examine the suitability of qualatative methods for the economy of a developing country like India.
7.How do Commercial Banks create credit?What are its limitations?


UNIT IV
8.Define exchange rate..Examine the purchasing power parity theory of exchange rate determination.
9.Discuss the objectives and functions of World Bank(I.B.R.D).How far has it helped in the economic development of developing nations?

Earning:   Approval pending.