LL.B. (Five Years) Sem 1 Economics 2023-24 ATKT 75/25 Question Paper - Mumbai University | munotes

Questions asked in this paper

• Figures to the right indicate maximum marks.

SECTION I - Answer the following questions in two sentences (Any Six out of 8) 12 Marks

1. Q1 Define private sector.
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2. Q2 Write any two functions of Balance of payments.
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3. Q3 Define Green Revolution.
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4. Q4 Write two examples of indirect taxes
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5. Q5 What is Normative Economics?
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6. Q6 State two Acts made by Government of India to remove poverty.
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7. Q7 State the difference between Stock and Supply.
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8. Q8 What does public expenditure mean?
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SECTION II - Write short notes (Any Two out of 4) 12 Marks

1. Q9 Features of Oligopoly
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2. Q10 Explain SAARC
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3. Q11 Distinguish between micro and macro economics.
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4. Q12 Income elasticity of demand.
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SECTION III - Attempt Any Two of the following (Any 2 out of 4) 12 Marks

1. Q13 State any three problems faced by small scale Industries during Corona Pandemic.
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2. Q14 State any three features of India's Foreign Trade.
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3. Q15 Liberal policy is helpful to improve Indian agricultural condition, Discuss.
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4. Q16 Importance of various Laws in connection with population control in India.
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SECTION IV - Answer the following in detail (Any Three out of 5) 39 Marks

1. Q17 Explain the Relevance of Economics to Law.
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2. Q18 What is Balance of Payment? Explain the causes of adverse balance of payments.
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3. Q19 Define SAARC and its important features
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4. Q20 Explain the Law of demand with assumptions and exceptions.
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5. Q21 Explain the Economic features of Indian Economy
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