B.A. LL.B. (Five Years) Sem 3 Economic Theory and Public Finance 2019 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 Define National Income. Explain the various concepts of National Income.
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2. Q2 Explain the Keynesian theory of employment and income.
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3. Q3 Explain the effects of trade cycle and examine the various measures to control trade cycles.
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4. Q4 Critically examine the balanced theory of economic growth.
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5. Q5 Explain the various items of expenditure of the Central Government.
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6. Q6 What is deficit financing ? Examine the merits and demerits of the technique of deficit financing.
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7. Q7 Define economic development. Explain the factors determining economic development.
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Write short notes on any two of the following :

1. Q8 (a) Components of Budget.
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2. Q8 (b) Vicious circle of poverty.
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3. Q8 (c) Big-push theory.
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Answer any two of the following :

1. Q9 (a) J.B. Say's law of market.
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2. Q9 (b) Methods of estimating national income.
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3. Q9 (c) Different types of taxes.
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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.