B.A. 5th (V) Semester Examination
CBS-Vs/11
234139
Economics
Course No.: UECTE-501
Time
Allowed – 2½ Hours Maximum
Marks – 80
Note:
Section
A : 15 Marks: Attempt all questions. Each question carries three marks. Answer to each question should not exceed 80 words in approximately 6 minutes.
Section B : 35 Marks: Attempt all
questions. Each question carries seven
marks. Answer to each question should not exceed 300 words in approximately 12
minutes.
Section C : 30 Marks: Attempt any two
questions. Each question carries fifteen
marks. Answer to each question should not exceed 600 words in approximately 30
minutes time.
SECTION - A
1.
Define Near Money.
2.
Define index number.
3.
What are commercial banks and types?
4.
Name some instruments of qualitative methods of credit control.
5.
Who is the lender of last resort and why?
SECTION - B
1.
Discuss the static and dynamic functions of money.
2.
What are the types of price index numbers? What are the difficulties in the
measurement of index numbers?
3.
Discuss the process of credit creation by commercial banks.
4.
Mention some major functions of the central bank of a country.
5.
Describe the structure of commercial banking system in India.
SECTION - C
1.
Gresham's law is often expressed using the phrase “bad money drives out good
money”. Explain.
2.
Compare Fisher’s version with the Cambridge version of the quantity theory of
money. Which of these two do you regard superior and why?
3.
Why banking sector reforms were needed in India during 1991? Explain briefly
some of these reforms.
4.
Explain how central bank can control the volume of credit with the help of
qualitative and quantitative methods of credit control in an economy.
0 comments: