B.A. LL.B. (Five Years) Sem 3 Economic Theory and Public Finance 2021 Mar (100 marks) Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the methods of calculation and difficulties in estimation of National Income.
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2. Q2 Explain the different phases of trade cycles.
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3. Q3 Critically explain the unbalanced theory of economic growth.
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4. Q4 Explain the merits and defects of direct taxes.
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5. Q5 What is deficit financing ? Explain its importance and limitations.
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6. Q6 Explain the various sources of public revenue.
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7. Q7 Explain the Keynesian theory of employment.
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Write short notes on any two of the following :

1. Q8 (a) Big push theory.
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2. Q8 (b) Vicious circle of poverty.
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3. Q8 (c) Canon's of taxation.
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Write short note on any two of the following :

1. Q9 (a) Concepts of National Income.
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2. Q9 (b) Public debt.
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3. Q9 (c) Control of trade cycle.
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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.