B.A-B.A Economics 1st Sem MONETARY ECONOMICS DECEMBER 2012(University of Madras (UnOM)-2012)
Monday, 30 September 2013 10:21venkatesh
OCTOBER 2012 U/ID 1580/NDE
Time : Three hours Maximum : 100 marks
SECTION A — (10 × 2 = 20 marks)
Answer ALL questions.
All questions carry equal marks.
Each answer should not exceed 50 words.
1. What is paper currency?
2. State Fisher's quantity theory of money.
3. What is Demand Pull inflation?
4. What is Trade Cycle?
5. State the innovation theory of Trade Cycle.
6. What is unit bank?
7. What is pure banking system?
8. Define central bank.
9. What is Balance of Payment?
10. What is Exchange Rate?
SECTION B — (5 × 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
Each answer should not exceed 300 words.
11. Explain the functions of money.
12. Explain how the commercial banks create money.
13. What are the types of inflation? Explain.
14. Explain the objectives of credit control.
15. What are the limitations of branch banking
system? Explain.
16. Explain the importance of central banking.
17. What are the causes of changes in the exchange
rate?
SECTION C — (2 × 20 = 40 marks)
Answer BOTH the questions.
All questions carry equal marks.
Each answer should not exceed 1,200 words.
18. (a) Discuss the selective methods of credit
control.
(b) Describe the importance of money in the
modern economy.
19. (a) Explain in detail the general utility services
of offered by commercial banks.
Or
(b) Examine the role of central bank in the
economic development of a country.
| Earning: ₹ 5.00/- |
