Maharashtra University of Health Sciences 2008 B.Com - Question Paper

ECONOMICS
April 2008
(Revised Course)
Time: three HoursMarks: 100
NB:
Attempt 5 ques. in all, with a minimum of 2 ques. from every part.
Figures to the right indicte full marks.
Answers to the 2 parts should be written in the identical ans book.
part I
Q.1 Analyse the growth performance of the Indian economy with respect to indicators such as National Income and Per Capita Income since Independence. 20
Q.2 a) explain the concept of food security in India. discuss the government measures to tackle it. 10
b) discuss the features of National Agricultural Policy, 2000. 10
Q.3 a) explain the main features of Industrial Policy, 1991. 10
b) Examine the significance and issues of the service sector. Can service led growth in India be sustainable ? 10
Q.4 a) define the existing occupational structure in India. 10
b) explain the consequences of child labour in India. Suggest measures to eradicate it. 10
Q.5 Write explanatory notes on any 2 of the subsequent :– 20
a) Importance of social sector – education and health in sustaining economic growth.
b) Effects of WTO agreements on Indian Agriculture.
c) issues of Small Scale Industries in India.
d) Peculiarities of Indian Labour Market.
part II
Q.6 'Social Advantage is maximum when Marginal Social Benefit equals Marginal Social Sacrifice.' Examine critically. 10
Q.7 a) explain the relative importance of direct taxes and indirect taxes in a developing economy like India. 10
b) discuss the classification of Public Expenditure in India. Is all Public Expenditure good for an economy ? provide reasons. 10
Q.8 a) discuss how differences in factor endowments determine the course of international trade. 10
b) How does it mark an advance over the Theory of Comparative Cost ? 10
Q.9 a) explain the causes and kinds of disequilibrium in Balance of Payments. 10
b) discuss the methods of correction of disequilibrium in Balance of Payments. 10
Q.10 Write explanatory notes on any 2 of the subsequent 20
a) kinds of Public Debt
b) Causes of growth of Public Expenditure in India
c) Structure of Balance of Payments in India
d) TRIPS and GATS.

Earning:   Approval pending.