|
| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESTER EXAMINATION – MARCH/APRIL 2016 | ||
| B.COM (Regular) – II SEMESTER | ||
| C115AR203 : BUSINESS ECONOMICS -II | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
| 1. | State the difference between Tied aid and untied aid. | |
| 2. | What do you mean by administered price? | |
| 3. | State the features of monopoly. | |
| 4. | Mention the tools of Fiscal policy. | |
| 5. | What are selling cost? | |
| 6. | Mention any two objectives of pricing policy. | |
| 7. | Describe main features of oligopoly. | |
| 8. | Distinguish between balance of trade and balance of payments. | |
| 9. | Mention any two advantages and disadvantages of Foreign Direct Investment. | |
| 10. | Comment on penetration price policy. | |
|
SECTION – B |
||
| II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
| 11. | What is meant by monopolistic competition market? Describe its characteristics? | |
| 12. | Explain the general considerations involved in pricing policy. | |
| 13. | Distinguish between Devaluation & Exchange Depreciation. | |
| 14. | Define inflation. Briefly explain any four different types of inflation. | |
| 15. | Discuss the various factors involved in determining the amount of Foreign aid for Economic development. | |
| 16. | Indicate various items in the balance of payments of a country. | |
| SECTION – C | ||
| III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 17. | Analyse carefully the conditions of equilibrium of an individual firm under perfect competition both in the short run and the long run periods. Illustrate your answer with diagrams. | |
| 18. | Briefly explain the characteristics of different phases of business cycles. | |
| 19. | Explain the main instruments of monetary policy for promoting economic development with stability? | |
| 20. | Explain price and output of a discriminatory monopolist, with the help of suitable figures.
|
|
| 21. | Write short notes:
a. Three method of pricing. b. Private Foreign Investment c. Multinational Corporation
|
|
| SECTION – D | ||
| IV) | Case Study – Compulsory question. (1×15=15) | |
| 22. | As per the official figures, Zimbabwe’s inflation has recently hit an annual rate of almost 1, 65,000% in February 2015, Continuous shortage of food and fuel pushed up the inflation from January’s rate of 100000%.
About 80% of the country’s population lives in poverty and it is estimated that three million people have left the country for a new life in other countries of South Africa.
The economy has been in trouble for several years, with supplies of basic foodstuff, cooking oil and petrol running low. The central bank introduced new banknotes to cope with the spiraling prices and issued 10 million Zimbabwe dollar notes.
Questions:
a. What type of inflation is referred to this article? b. Identify the adverse effects of inflation on the economy of the country? c. Discuss the ways through which the government could control inflation in Zimbabwe? (2+5+8)
|
|
&&&&&&&&&&&&&&&&&&&&&&&&&&&
Latest Govt Job & Exam Updates: