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Tamil Nadu Open University (TNOU) 2006 B.A Economics Monetary - exam paper

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UG-730    BEC-4

B.A. DEGREE EXAMINATION - JUNE, 2006

(For Candidates admitted in AY 2003-04, CY-2004 AY 2004-05 and CY-2005)

Second Year Economics

MONETARY ECONOMICS

Time : 3 hours    Maximum marks : 75

SECTION A (3 x 5 = 15 marks)

Answer any THREE of the following.

1.    What are the primary functions of money?

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2.    State and explain Fisher's equation. iSlsujjiflsn ffiDsrrurrileDL GT(Lpl    jt aSlOTsgj.

3.    Point out the merits and demerits of paper currency standard.

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5.    Briefly explain Neutrality of Money.

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SECTION B (4 x 15 = 60 marks)

Answer any FOUR of the following.

6.    Explain the functions of the Central Bank.

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7.    Explain Keynes theory of money and prices. JiOTTOTSlaiT usmb LDfbpib Slsoo) GirLurLa)i_ Sl&Jif!.

8.    Explain the various phases of a Business cycle.

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9.    Examine the objectives and performance of Nationalised Banks in India.

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10.    Discuss the role of Reserve Bank of India in the agricultural development of our country.

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12. Point out the causes and effects of inflation.

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3    UG-7J







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