BA Marathi And English SEM II 2018 19 May 2018-19 Economics Paper I Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q2 Each questions carries 20 marks
2. Q4 Use simple calculator is allowed
3. Q1 Answer the following questions. (any two) 20 marks
   • a) Explain circular flow of income in an open economy
   • b) Explain the concepts of GDP, GNP and NNP
   • c) Explain the trends in the sectoral composition of GDP
4. Q2 Answer the following questions. (any two) 20 marks
   • a) Explain the factors affecting the consumption function
   • b) Explain the working of the multiplier with the help of Schedule and diagram
   • c) Explain trends and composition of Capital Formation in India
5. Q3 Answer the following questions. (any two) 20 marks
   • a) Explain meaning and features of public goods and merits goods
   • b) Discuss the factors influencing incidence of taxation
   • c) Explain the concepts Revenue and Capital Expenditure
6. Q4 Answer the following questions. (any two) 20 marks
   • a) Explain the structure of Balance of Payment
   • b) What are the types of disequilibrium in the Balance of Payment?
   • c) Explain the exchange rate determination
7. Q5 Answer the following questions. (Any two) 20 marks
   • a) Explain exchange rate as a price
   • b) Explain marginal efficiency of capital
   • c) Explain the concept of GST
   • d) Write explanatory note on Foreign Exchange Returns (FOREX)
   • Q.P. Code: 52162 Please check whether you have got the right question paper
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   • H) GST FU,

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