T.Y.B.Com. Business Economics Paper III

Problems of Indian Economy

2007-08

Question sets for practice

 

 

 

 

Please read the instruction before using the practice sets.

 

 

 

Preparing for the test

 

 

*      Prepare answers as you would write in the test/ examinations. Consult teachers and/or books while preparing answers.

*      Size of the answers should be as per you speed of writing. [e.g. 5 pages for 20 marks]

*      If you are slow, remember you will improve with each test

*      You may rearrange questions: shifting from one set to the other

*      Try to answer all the test and all the questions

*      Stick to a specific answer right from the test to the final examination

*      Do not change the answers in between unless there are mistakes or serious omissions

 

Writing the test

 

 

*      Each question if for 20 marks and part of a question is for 10 marks

*      You will need to attempt five questions in three hours

*      Allot 35 minutes for each answer

*      Each test is designed for 1 hr 45 minutes

*      Do not exceed time limit while writing the tests

*      You MUST answer all the required questions in the given time

 

 

The following sets will give you enough practice on the types of questions you are likely to get in your examinations. BUT

Remember, your score in examinations will depend on the quality of answers.

 

 

 

 

 

 

 

Question set I

 

1. a. Account for the trends in the growth of national income in the post reforms period.

 b. Describe sectoral composition of national income with special reference to service sector.

 

2. a. Explain the role and significance of health in human development.

    b. Review and evaluate the National Population Policy 2000.

 

3. Write notes on any two:

            a. Public distribution system

            b. National Agricultural Policy 2000

            c. Small scale Industries in India

            d. Process of privatization of public sector

 

Question set II

 

1. Outline the growth of Indian industry in the post reforms period with reference to New Industrial Policy 1991.

 

2. a. Explain the role and significance of agriculture in economic development of India.

 b. Discuss the impact of World Trade Organization on the prospects of Indian       agriculture.

 

3. Write notes on any two

            a. Problem of child and women labor

            b. Changes in work force participation

            c. Human Development Index

            d. Growth of service sector

 

Question set III

 

1. a. Explain modern theory of international trade as given by Hecksher and Ohlin.

    b. Describe the principle of comparative cost advantage.

 

2. a. What are the various reasons for fiscal imbalances?

    b. Explain Fiscal responsibility and Budgetary Management Bill.

 

3. Write notes on any two

            a. Trends in the direction of exports and imports           

b. Gender Empowerment Index

            c. Principle of Maximum Social Advantage

            d. Sources of public revenue in India

 

Question set IV

 

1. What is Human Development Index? Explain its composition and significance with respect to India.

 

2. a. What are the various measures to correct disequilibrium in balance of payments?

 b. Account for the trends in the balance of payments in India with reference to        economic reforms.

 

3. Write notes on any two

      a. Trends in unemployment estimates in India

      b. Reasons for rapid increase in public expenditure

      c. Burden of internal debt in India

      d. World trade Organization

 

 

 

 

 

 

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