Lucknow University
LL.B(Hons.) 2016
2nd
sem. Question Papers
ECONOMICS – II ( Third Paper)
NOTE :
Question No.1 is compulsory.Answer one question from each unit.Total five
question are to be answered.
1.
Explain briefly
the following :
(1)
Concepts of M1,M2,M3
and money multiplier .
(2)
Difference
between National income and personal income.
(3)
How you will get
the net National product at factor cost when gross domestic product at market
price is given.
(4)
Main functions of
Reserve Bank of India.
(5)
Deficit in
current Account.
(6)
Fiscal
Responsibility and budget management Act.
(7)
Arguments in
favour of free trade.
(8)
Selective credit
control.
(9)
Role of finance
commission in India.
(10)
Objectives of
Fiscal policy in a developing economy like India.
UNIT- I
2.
Differentiate
between demand pull inflation and cost push inflation.Suggest measures to check
inflation in an economy.
3.
Discuss the role
of effective demand in determining the level of employment in Keynes employment
theory. How the low level of effective demand is a prime cause for unemployment
as per Keynes theory of employment?explain.
UNIT – II
4.
Explain the
various measurements of fiscal imbalances shown in the Union budget.Throw the
light on estimates of these imbalances in the budget 2015-16 and 2016-17 also.
5.
What are the
causes of mass poverty in India.Critically evaluate the strategy of the
Government to remove poverty from the country.
UNIT-III
6.
Explain various
concepts of terms of trade.Analyse the factors which determine the terms of
trade of a country.
7.
Discuss the objectives of exchange control.Explain
the various methods of exchange control also.
UNIT-IV
8.
Write an essay on
the priorities,strategy and progress of Twelth five plan of India.
9.
“Indian economy
is the fastest emerging economy of the world.”Point out the structural changes
in Indian economy since independence especially after the introduction of of
economic reforms in context to the above statement.
Lucknow
University LL.B(Hons.) 2015
2nd sem. Question
Papers
ECONOMICS – II ( Third
Paper)
NOTE : Question
No.1 is compulsory.Answer one question from each unit.Total five queestion are
to be answered.
1.
Explain briefly the
following :
(1)
Theory of
inflationary gap.
(2)
Marginal
propensity to consume (MPC) and Average propensity to consume (APC).
(3)
Determining factors
of induced investment.
(4)
Difference
between Revenue deficit and Fiscal deficit.
(5)
Mahatma Gandhi
National Rural Employment Guarantee Act.
(6)
Gross and Net
barter terms of trade.
(7)
Infant industry argument.
(8)
Creadit creation
by commercial bank.
(9)
Nature of unemployment
in an under developed economy like India.
(10)
Objectives of
Twelfth Five year Plan.
UNIT- I
2.
What do you
understand by ‘national Income’.Explain the Following :
(i)
Difference
between National Income and personal Income
(ii)
Gross Domestic
Product (GDP) and Gross National Product(GNP)
3.
Explain the
classical theory of employment on which grounds Keynes criticized it.
UNIT
– II
4.
Examine the Role
of Fiscal policy in a developing country like India.
5.
Discuss the
various quantitative methods of credit control.
UNIT-III
6.
Differenciate
between balance of trade and balance of payments. Point out the reasons which
are responsible for disequilibrium in the balance of payments of a country.
7.
What are the
gains of international trade? In Which situation the trade between two
countries will be rationale and profitable.
UNIT-IV
8.
Discuss the
various dimensions of economic reforms in India. Critically evaluate the impact
of economic reforms on Indian economy
9.
Discuss the
importance and major problems of agriculture sector in Indian economy.Give your
suggestions to improve the health of agriculture sector in the economy.
Lucknow
University LL.B(Hons.) 2014
2nd sem. Question
Papers
ECONOMICS – II ( Third
Paper)
NOTE :
Question No.1 is compulsory.Answer one question from each unit.Total five
queestion are to be answered.
1.
Explain briefly
the following :
(1)
Functions of
Reserve bank.
(2)
Selective credit
control.
(3)
Concepts of M1,M2
and M3.
(4)
Gross National
Product and Gross Domestic Product.
(5)
Latest Poverty
estimate in India.
(6)
Deficit in
current Account.
(7)
Objectives of International Monetary Fund.
(8)
Objectives of
Twelfth Five year plan.
(9)
Fiscal
Responsibility and budget management Act (FRBMA).
(10)
Demand pull
inflation and cost push inflation.
UNIT- I
2.
“The logical
starting point of Keynes employment theory is Law of effective demand”
In
light of above statement, explain briefly the Keynes employment theory and show
that how level of effective demand determines the volume of employment in an
economy.
3.
Define
inflation.Explain the effects of inflation on various groups of
society,production structure and income distribution in an economy.What
measures would you suggest to control inflation.
UNIT –
II
4.
Discuss the
various heads shown in an union budget and explain the various measurement of
deficit and their estimates as per budget 2013-14.
5.
Describe the
nature of unemployment in a developing economy like India.Briefly explain the
various employment generation programmes in India.
UNIT-III
6.
Explain the
various concepts of terms of trade.Analysethe factors which determine the terms
of trade of a country.
7.
Examine the arguments
for and against the policy of protection.
UNIT-IV
8.
Discuss the
salient features of Indian economy.give arguments in favour of describing
Indian economy as a developing economy.
9.
Give a brief
history of economic planning in India.critically evaluate the growth pattern of
various Five year plans in the country.
Lucknow
University LL.B(Hons.) 2013
2nd sem. Question
Papers
ECONOMICS – II ( Third
Paper)
NOTE :
Question No.1 is compulsory.Answer one question from each unit.Total five
queestion are to be answered.
1.
Explain briefly
the following :
(1)
Say’s Law of
market.
(2)
Marginal
efficiency of Capital.
(3)
Marginal
propensity to consume and Average propensity to consume.
(4)
Disguised
unemployment.
(5)
Concept of
Revenue deficit and fiscal deficit and their estimates shown in Central Budget
2013-14 .
(6)
Infant industry
argument.
(7)
Objectives of world trade organization
(W.T.O).
(8)
Foreign Exchange
Management Act (FEMA).
(9)
Income terms of trade.
(10)
Mahatama Gandhi
National Rural Employment Guarantee Scheme (MNREGS).
UNIT- I
2.
Define National
income.Explain the following concepts of national income and differenciate them
:
(i)
Gross Domestic
Product (GDP) and Gross National Product (GNP)
(ii)
Gross National
Product (GNP) and Net National Product (NNP)
(iii)
Net National
Product at market price and Net National Product at factor cost
3.
Explain the
concept of inflationary gap.What measures would you suggest to control
inflation in an economy?
UNIT
– II
4.
Examine the role
of Fiscal Policy in an developing economy like India for economic growth with
distributive justice.
5.
What are the
objectives of Credit control?Explain the various methods of credit control
which can be used by the central bank of a country.
UNIT-III
6.
What are the
gains from international trade?Explain with the help of various cost
differences that when international trade between two countries will be
possible and profitable.
7.
Distinguish
between the Balance of payment and balance of trade.Discuss the measures which
are taken to correct disequilibrium in the balance of payment.
UNIT-IV
8.
Discuss the
dimensions of economic reforms in India.What changes has been witnesses in
Indian economy after the introduction of economic reforms.
9.
What are the
causes of low productivity of agricultural sector in India?What policy
initiatives are essential to improve the performance of Indian agriculture?
Lucknow
University LL.B(Hons.) 2012
2nd sem. Question
Papers
ECONOMICS – II ( Third
Paper)
NOTE :
Question No.1 is compulsory.Answer one question from each unit.Total five
queestion are to be answered.
1.
Explain briefly
the following :
(1)
Gross National
product and Net National Product.
(2)
Concept of
Inflationary Gap.
(3)
Characteristics
of Indian money Market.
(4)
Poverty estimate
in India.
(5)
Fiscal
Responsibility and Budget management Act (FRBMA).
(6)
Difference
between Balance of trade and Balance of Payment.
(7)
Selective credit control.
(8)
Objectives of
fiscal policy in a developing economy.
(9)
Gains to India
from International Monetary Fund.
(10)
Impact of WTO
provisions in Indian economy.
UNIT- I
2.
What are the
functions of the Reserve Bank of India? How far has it succeeded as central
bank of the country?
3.
How the level of
employment determines in the Keynesian model? In what way, it is different from
classical model?
UNIT
– II
4.
Prepare a
proforma of the union budget or budget at a glance showing figures of estimate
for the year 2012-13.Discuss the various heads and measurement of fiscal
imbalances shown in the budget.
5.
Discuss various
forms of unemployment in India. Give a critical appraisal of the various
employment generation programmes of government in this context.
UNIT-III
6.
Describe the
various concrpts of terms of trade to measure the gain from international trade.Comment
on the Prof. Prebish views that there has been a secular decline in the terms
of trade of the developing countries in recent years.
7.
Discuss fully the
arguments advantages in favour of the policy of free trade.Why the
underdeveloped countries support the policy of protection in place of free
trade?
UNIT-IV
8.
Discuss the long
term objectives of economic planning in India and critically evaluate the
achievements of economic planning in the country.
9.
Describe the
salient features of Indian economy. Point out the structural changes witnessed
in Indian economy specially after the introduction of economic reforms.
Lucknow University LL.B(Hons.) 2011
2nd sem. Question
Papers
ECONOMICS – II ( Third
Paper)
NOTE : Question
No.1 is compulsory.Answer one question from each unit.Total five queestion are
to be answered.
1.
Explain briefly the following :
(1)
Say’s law of market .
(2)
To find out NNP at Factor cost when GNP at market price is given.
(3)
Functions of Central bank.
(4)
Velocity of circulation of money.
(5)
Revenue Deficit and fiscal Deficit.
(6)
Comparative differences in costs.
(7)
Infant industry argument.
(8)
Disguised unemployment.
(9)
Gross and Net barter terms of trade.
(10)
National Rural employment Guarantee Act (NREGA).
UNIT- I
2.
Distinguish between ‘Demand-Pull’ inflation and ‘cost-push’
inflation. What measures would you suggest to control inflation in an economy.
3.
“The logical starting point of Keynes employment theory is law of
effective demand” Explain the statement and show that how the level of
employment will be determined in an economy.
UNIT
– II
4.
Distinguish between Quantitative and Qualitiative methods of
credit control.Explain how the Central Bank of a country can regulate the
crearion of credit by commercial banks by adopting these methods.
5.
What do you understand byFiscal Policy? Suggest a suitable fiscal
Policy for a developing country like India .
UNIT-III
6.
Distinguish between the balance of payments and balance of
trade.Discuss the measures which are taken to correct disequilibrium in the
balance of payments.
7.
Analyse the factors which determine the terms of trade of a
country.Comment on the view that there has been a secular decline in the terms
of trade of the developing countries in recent years.
UNIT-IV
8.
Describe the characteristics of Indian economy as a developing
economy.
9.
Write an essay on eleventh five year Plan of India.
