Exam Details
Subject | economics – i | |
Paper | ||
Exam / Course | b.a. ll.b. | |
Department | ||
Organization | solapur university | |
Position | ||
Exam Date | December, 2018 | |
City, State | maharashtra, solapur |
Question Paper
B.A. LL.B. (Semester II) (CBCS) Examination Nov/Dec-2018
ECONOMICS I
(General Principles)
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks. Neat diagram wherever necessary.
Q.1
Multiple choice questions:-
14
Free economics is called as
Capitalist economy
Planned economy
Totalitarian economy
None of these
Money wages is also known as
Nominal wages
Real wages
Subsistence wages
Natural wages
Average cost is the cost of output.
Two units
Total units
Per units
Both a and b
Who introduced the concept of the Monopolistic competition?
Prof. E.H. Chamberlin
Prof. Keynes
Adam smith
Dr. Marshall
In a perfectly competitive market, a firm is a
Price maker
Price taker
Price checker
Price controller
Advertising cost is known as
Z
Selling cost
Marginal cost
Total cost
None of these
A perfectly elastic demand curve is
Parallel to axis
Parallel to axis
Vertical straight line
Rectangle
When the marginal utility is zero, total utility is
Zero
Maximum
Minimum
Negative
is adopted by India.
Planned economy
Mixed economy
Capitalist economy
None of these
10) Labour intensive technique of production means
More labour less capital
More capital less labour
Equal labour capital
None of these
11) No shifting of taxation is known as
Indirect tax
Direct tax
Both a and b
None of these
Page 2 of 2
SLR-HJ-4
12) Prof. Say's Law of Market stated that "Supply created its
Demand
Production
Out-put
Expenditure
13) Where is the head office of R.B.I.?
Mumbai
Delhi
Nashik
Kolkata
14) India's Central Bank is
S.B.I
I.C.I.C.I
R.B.I
I.M.F
Q.2
Explain the different types of elasticity of demand?
14
Q.3
Define inflation? What are the causes of inflation?
14
OR
Explain the functions of Commercial Bank?
Q.4
Write short note (any two)
08
Features of Monopoly Market
Features of Perfect Competition
Features of under developed countries
Explain the law of demand.
06
Q.5
Write short answers of the following (Any
14
Fixed cost Variable cost.
Deflation
Mixed Economy
Central Bank
Indirect taxes
Economics as a science
Utility
Say's Law of Market
Index number
Balance sheet of the Bank
ECONOMICS I
(General Principles)
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks. Neat diagram wherever necessary.
Q.1
Multiple choice questions:-
14
Free economics is called as
Capitalist economy
Planned economy
Totalitarian economy
None of these
Money wages is also known as
Nominal wages
Real wages
Subsistence wages
Natural wages
Average cost is the cost of output.
Two units
Total units
Per units
Both a and b
Who introduced the concept of the Monopolistic competition?
Prof. E.H. Chamberlin
Prof. Keynes
Adam smith
Dr. Marshall
In a perfectly competitive market, a firm is a
Price maker
Price taker
Price checker
Price controller
Advertising cost is known as
Z
Selling cost
Marginal cost
Total cost
None of these
A perfectly elastic demand curve is
Parallel to axis
Parallel to axis
Vertical straight line
Rectangle
When the marginal utility is zero, total utility is
Zero
Maximum
Minimum
Negative
is adopted by India.
Planned economy
Mixed economy
Capitalist economy
None of these
10) Labour intensive technique of production means
More labour less capital
More capital less labour
Equal labour capital
None of these
11) No shifting of taxation is known as
Indirect tax
Direct tax
Both a and b
None of these
Page 2 of 2
SLR-HJ-4
12) Prof. Say's Law of Market stated that "Supply created its
Demand
Production
Out-put
Expenditure
13) Where is the head office of R.B.I.?
Mumbai
Delhi
Nashik
Kolkata
14) India's Central Bank is
S.B.I
I.C.I.C.I
R.B.I
I.M.F
Q.2
Explain the different types of elasticity of demand?
14
Q.3
Define inflation? What are the causes of inflation?
14
OR
Explain the functions of Commercial Bank?
Q.4
Write short note (any two)
08
Features of Monopoly Market
Features of Perfect Competition
Features of under developed countries
Explain the law of demand.
06
Q.5
Write short answers of the following (Any
14
Fixed cost Variable cost.
Deflation
Mixed Economy
Central Bank
Indirect taxes
Economics as a science
Utility
Say's Law of Market
Index number
Balance sheet of the Bank
Other Question Papers
Subjects
- (international relations and organizations
- administrative law
- alternative dispute resolution
- alternative dispute resolution (clinical course)
- civil procedure code and limitation act
- company law
- constitutional law – i
- economics – i
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- english (compulsory)(cgpa)
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