B.A. LL.B. (Five Years) Sem 3 Economic Theory and Public Finance 2022 Apr Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) Explain the various concepts of national income.
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2. Q1 OR Discuss the various methods of estimating national income.
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3. Q1 (b) DPI and Per capita Income.
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4. Q1 OR N.I. and P.I.
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UNIT - II

1. Q2 (a) Explain the J.B. Say's law of market.
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2. Q2 OR Define Business cycle. How to control it ? Discuss.
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3. Q2 (b) Features of Trade cycle.
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4. Q2 OR Aggregate Demand.
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UNIT - III

1. Q3 (a) Discuss the important obstacles for economic development.
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2. Q3 OR Explain the Balanced theory of economic development.
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3. Q3 (b) Economic Growth and Economic development.
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4. Q3 OR Unbalanced Growth.
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UNIT - IV

1. Q4 (a) Explain the reasons for increasing Public Expenditure in recent days.
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2. Q4 OR What is Public debt ? Explain the methods of debt redemption.
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3. Q4 (b) Canons of Public Expenditure.
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4. Q4 OR Characteristics of good tax system.
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UNIT - V

1. Q5 (a) Discuss the various canons of budgeting.
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2. Q5 OR Explain the different types of deficit financing.
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3. Q5 (b) Different types of Public debt.
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4. Q5 OR Fiscal and Budgetary deficit.
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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.