University of Lucknow 2007 B.A Economics (III) , ( II) - Question Paper

B.A ( Part II) exam 2007

Economics
2nd Paper

X

A-241 B. A. (Part III) Examination, 2007

ECONOMICS Second Paper (Economics of the Less-Developed Countries)

Time Allowed : Three Hours Maximum Marks : 50

Note: Answer Five questions in all, including Question No. 1, which is compulsory. Marks are indicated against each question.

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1. Explain briefly the following :    4x5=20

(a) Human Development Index

( 2 )

(b)    Single factoral and double factoral terms of trade

(c)    Measurement of relative poverty

(d)    "Will to economise"

(e)    Take off into self-sustained growth.

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Unit I I

What explains Indias low level of economic

development even after more than five decades

1

of industrial development.    7

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Mass poverty is one of the common features of the less developed countries. What other common characteristics and structural diversities are found in them ?

2

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Do you think that the policy implications of Centre-Periphery thesis are still relevant for less developed economies like India ? Substantiate.    7~

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Discuss Rodans theory of Big-Push and examine its suitability for backward economies like India.    7

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Unit III

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Examine the role of foreign investment in the development of a developing country like India.

(a)    SAARC

(b)    UNCTAD

(c)    Cumulative Causation St 3feT

(d)    New International Economic Order.

Unit IV IV

8, What are the basic objectives of planning in India ? How far they have succeeded in bringing about structural change in Indian economy ?

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"Planning in a variety of forms is frequently advocated as an alternative to the use of market mechanism and the use of market prices, for allocation of resources in LCDs." Yet it is held that "Planning is not incompitable with the use

of price mechanism." How do you reconcile

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the two statements ?    7

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A-241-7-10000

Attachment: university-of-lucknow-2007-b-a-economics-3196-1.pdf

Earning:   Approval pending.