B.A. LL.B. (Five Years) Sem 3 Economic Theory and Public Finance 2017 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 What is economic development ? Discuss the various factors affecting economic development.
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2. Q2 Critically examine the J. B. Say's Law of Market.
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3. Q3 Examine the definitions of national income and explain the methods of estimating national income.
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4. Q4 Critically explain the Big Push Theory.
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5. Q5 Explain the different phases of trade cycles with the help of a diagram.
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6. Q6 What is public debt ? Explain the methods of debt redemption.
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7. Q7 Briefly explain the principle of Maximum Social advantage.
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Explain any two of the following :

1. Q8 (a) Vicious circle of poverty.
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2. Q8 (b) Items of public expenditure.
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3. Q8 (c) Control of Business Cycle.
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Write notes on any two of the following :

1. Q9 (a) Difference between Economic growth and Economic development.
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2. Q9 (b) Unbalanced growth theory.
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3. Q9 (c) Role of deficit financing in Economic development.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.