Gujarat University 2007 B.A Economics (Old ) - Question Paper

Economics
(Old Course)

Time : three Hours Max. Marks : 70

Note : (1) Attempt any 5 ques..
(2) All ques. carry equal marks.
(3) Keep the identical order of ques. and its answers.

1. What is the meaning of an economic issue ? explain the causes of its origin.
OR
1. Write short notes on :
(a) The characteristics of human necessities.
(b) The advantages and disadvantages of Division of labour.


2. Give the definition of capital and explain the characteristics of capital.
OR
2. (a) Discuss the characteristics of public enterprises. (b) Show the benefits of partnership.


3. Explain the meaning of market and explain the different functions of market.
OR
3. What is Demand? discuss the legal regulations of Demand with the help of example.


4. What is money? explain the functions of money.
OR
4. Describe the functions of Commercial Bank.


5. Write short notes on any 2 : (1) Characteristics of land.
(2) Limitations of barter system.
(3) Explain the advantages of direct taxes. (4) The sources of income of the State.

Earning:   Approval pending.