All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Economics – II - Question Paper
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(c) 7,900 MUC
(d) 8,400 MUC
(e) 8,700 MUC. ( two marks)
8. Which of the subsequent schools of thought emphasized the importance of monetary policy in bringing macroeconomic stability?
(a) Classical economist
(b) Keynesian economist
(c) Monetarist
(d) Neo classical economist
(e) Supply side economist. ( one mark)
9. Which of the subsequent is not a selective credit control method adopted by Reserve Bank of India?
(a) Rationing of credit
(b) Direct action
(c) Bank rate
(d) modifications in margin requirements
(e) Moral suasion. ( one mark)
10. Which of the subsequent factor(s) is/are contributed to the growth of public expenditure in India?
I. Increase in price level.
II. Development of basic infrastructure.
III. Population growth.
(a) Only (I) above
(b) Only (II) above
(c) Both (I) and (II) above
(d) Both (I) and (III) above
(e) All (I), (II) and (III) above. ( one mark)
11. Which of the subsequent statements is true?
(a) Inflation increases the purchasing power of money
(b) During inflationary periods, people are discouraged to hoard
11. Which of the subsequent statements is true?
(a) Inflation increases the purchasing power of money
(b) During inflationary periods, people are discouraged to hoard
(c) High inflationary situation encourages entrepreneur from taking the risks involved in investing
for future production
(d) Inflation does not affect the trend of production
(e) Debtors gain from inflation. ( one mark)
12. Which of the subsequent is an asset of Reserve Bank of India?
(a) Credit to Government
(b) Contingencies reserve
(c) Government deposits
(d) Paid-up capital
(e) Notes in circulation. ( one mark)
13. According to the classical theory, saving and investment determine
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