Indian Economy (71513) AD / I

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TILAK MAHARASHTRA VIDYAPEETH, PUNE BACHELOR OF BUSINESS ADMINISTRATION (B.B.A.)

EXAMINATION: MAY - 2015 FIFTH SEMESTER

Sub.: Indian Economy (71513) Date :19/5/2015 Total Marks : 80 Time: 10.00 am to 1.00 pm

Instructions: 1) The paper consists of two sections I and II. 2) All questions are compulsory.

SECTION - I

Q. 1 a) Explain the importance and objectives of monetary and fiscal policy in India? (15)

OR

b) What are the various factors determining economic growth and development in India?

Q. 2 a) State the importance and reasons for high birth rate in India? Explain its effects on Indian economy?

(15)

OR

b) Explain the role of agricultural sector in India? State the problems of agriculture marketing?

Q. 3. a) Explain the demographic transition process in Indian population? (15)

OR

b) What are the objectives of Indian planning in India? State the achievement of Indian Planning?

Q. 4. Write short notes: (Any 3) (15)

1) Economic Development

2) Debt management

3) Monetary policy

4) Public Sector

SECTION II

Q. 5. Choose the most appropriate option. (20)

1) _______ is the output per head of population. a) Development b) Growth

c) Birth Rate d) Death Rate

B

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2) Indian economy is a ______ economy. a) Mixed b) Capitalist

c) Realistic d) Advent 3) _______ country have low income, low output and employment.

a) Developed b) Underdeveloped c) Overdeveloped d) No development

4) Indias _______ sector depends maximum on Indian population. a) Agriculture b) Industrial

c) Information &Technology Sector d) Service sector 5) Public Sector in India came to dominance in the year________ .

a) 1994 b) 1986 c) 1988 d) 1991

6) Export margins less than import margins leads to _______. a) Development b) Growth economy

c) Sustainability d) Low Growth economy 7) ________ is a part of vicious circle of poverty.

a) Population b) Indistralisation c) National Income d) Low Productivity

8) Relationship between birth rate and death rate is known as __________. a) Transition b) Positive Transition

c) Negative Transition d) Demographic Transition 9) Poverty line refers to ___________.

a) Income b) Consumption c) Goods / Services d) Minimum rate Income, consumption

10) ________ refers to situation where workers are willing to work and get work in economy. a) Employment b) Under Employment

c) Over Employment d) Full Employment 11) Agriculture gives rise to _______ unemployment.

a) Cyclical b) Hidden c) Seasonal d) Professional

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12) The growth of an economy is indicated by an _________. a) Increase in general price b) Increase in national income

c) Increase in saving d) Increase in investment 13) Per capita income of an economy can be calculated by ________

a) Dividing GDP by population b) Dividing GNP by population c) Multiplying GNP by population d) Dividing GNP by number of people employed

14) _________ Measures the volume of commodity and services. a) Income b) Employment

c) GDP d) National Income 15) Circular flow of two sector is between ________.

a) Households / Agriculture b) Households / Industry c) Households / Services d) Households / Firms

16) Planning in India is ________. a) Centralized planning b) Democratic planning c) Partial Planning d) Indicative planning

17) Agricultural productivity can be measured in terms of __________. a) Consumption of fertilizer b) Irrigational facilities c) Land and labour productivity d) Mechanization

18) Agriculture provides _______ to the Indian economy. a) Unemployed b) Underdevelopment c) Growth d) Agro Growth

19) Disguised unemployment is also known as _______. a) Open employment b) Hidden unemployment c) Full employment d) Nil employment

20) ________is defined as transfer of ownership from public sector to private sector. a) Liberalisation b) Privatisation c) Capitalisation d) Globalisation

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