M.A. DEGREE EXAMINATION, FEBRUARY 2018.
Fourth semester
Economics
Paper II ECONOMICS OF GROWTH AND DEVELOPMENT
2 10342-A
Time 3 Hours Max. Marks 70
PART — A
Answer any FIVE questions.
Each question carries 6 marks
6 30 Marks)
1. Role of industrialization in Economic Development.
2. Impact of sectoral aspects in Economic Development.
3. Difference between Foreign Investment and Foreign Aid.
4. Explain the Case for and against foreign Aid.
5. Discuss about the importance of Turnover criterion.
6. Different stages of Project Evaluation.
7. Need for Economic Planning in developing countries.
8. Decentralized planning and Indicative Planning.
PART — B
Answer ALL questions.
Each question carries 10 marks.
10 40 Marks)
9. Briefly evaluate the inter relationship between foreign trade and economic
development.
Or
Explain the role of agriculture sector in the process of economic development
of developing countries.

10. Write about the different components of foreign Investment and Foreign Aid.
Or
Discuss issues relating to technology transfer and MNCs in the context of
developing countries like India.
11. Examine the need for investment Criteria in the developing countries like
India.
Or
Briefly evaluate the limitations and Uses of Cost-Benefit Analysis in the
context of Allocation of Resources.
12. Critically analyze the role of Economic Planning under Capitalist and
Socialist economies.
Or
Briefly outline the issues relating to planning by Direction and Planning by
inducement.
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