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
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
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
Question set IV
1. What is
Human Development Index? Explain its composition and significance with respect
to
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
3. Write notes on any two
a. Trends in unemployment estimates in
b. Reasons for rapid increase in public expenditure
c. Burden of internal debt in
d. World trade Organization
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