EC-06
December - Examination 2019 B.A./B.Sc. Pt. III Examination Money, Banking and Public Finance
Paper - EC-06
Time : 3 Hours ] [ Max. Marks :- 70
Note: The question paper is divided into three sections A, B and C.
Write answers as per the given instructions.
{ZX}e : ¶h àíZ nÌ "A', "~' Am¡a "g' VrZ IÊS>m| ‘| {d^m{OV h¡& à˶oH$
IÊS> Ho$ {ZX}emZwgma àíZm| Ho$ CÎma Xr{OE&
Section - A 7 × 2 = 14 (Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question delimit your answer in one word, one sentence or maximum up to 30 words. Each question carries 2 marks.
IÊS> - "A' (A{V bKw CÎmar¶ àíZ)
{ZX}e : g^r àíZm| Ho$ CÎma Xr{OE& Amn AnZo CÎma H$mo àíZmZwgma EH$ eãX, EH$ dm³¶ ¶m A{YH$V‘ 30 eãXm| ‘| n[agr{‘V H$s{OE& à˶oH$ àíZ 2 A§H$m| H$m h¡&
1) (i) Write any two secondary functions of money.
‘wÐm Ho$ H$moB© Xmo Jm¡U H$m¶© {b{IE&
201
EC-06 / 500 / 4 (1) (P.T.O.)
EC-06 / 500 / 4 (2) (Contd.) 201
(ii) Explain the concept of M4. M4 H$s AdYmaUm H$mo g‘PmBE&
(iii) What do you mean by credit Inflation?
gmI - ñ’$s{V go Amn ³¶m g‘PVo h¢?
(iv) Explain the meaning of credit creation.
gmI g¥OZ Ho$ AW© H$mo ñnîQ> H$s{OE&
(v) What do you mean by ‘Open market operations’?
"Iwbo ~mOma H$s {H«$¶mAm|' go AmnH$m ³¶m A{^àm¶ h¡?
(vi) Explain the concept of equal proportional sacrifice.
g‘mZ AmZwnm{VH$ ˶mJ H$s AdYmaUm H$mo g‘PmBE&
(vii) What do you mean by Impact of taxation?
H$amKmV go Amn ³¶m g‘PVo h¢?
Section - B 4 × 7 = 28 (Short Answer Questions)
Note: Answer any four questions. Each answer should not exceed 200 words. Each question carries 7 marks.
IÊS> - ~ (bKw CÎmar¶ àíZ)
{ZX}e : {H$Ýht Mma àíZm| Ho$ CÎma Xr{OE& Amn AnZo CÎma H$mo A{YH$V‘
200 eãXm| ‘| n[agr{‘V H$s{OE& à˶oH$ àíZ 7 A§H$m| H$m h¡&
2) Describe the role of money in mixed economy.
{‘{lV AW©ì¶dñWm ‘| ‘wÐm H$s ^y{‘H$m H$m dU©Z H$s{OE&
3) Critically examine Reserve Bank’s concepts of supply of money in India.
^maV ‘| ‘wÐm ny{V© Ho$ gå~Y ‘| [aO©d ~¢H$ H$s YmaUmAm| H$s AmbmoMZmË‘H$
ì¶m»¶m H$a|&
EC-06 / 500 / 4 (3) (P.T.O.) 201
4) What do you mean by cost-push inflation? Discuss its various causes.
bmJV ào[aV ñ’$s{V go Amn ³¶m g‘PVo h¢? BgHo$ H$maUm| H$s {ddoMZm H$s{OE&
5) Explain the process of credit creation.
gmad g¥OZ H$s à{H«$¶m H$mo g‘PmBE&
6) Describe the main characteristics of central bank.
Ho$ÝÐr¶ ~¢H$ H$s ‘w»¶ {deofVmAm| H$m dU©Z H$s{OE&
7) Differentiate between Public Finance and Private Finance.
gmd©O{ZH$ {dÎm d {ZOr {dÎm ‘| AÝVa ñnîQ> H$s{OE&
8) Discuss the various sources of public revenue.
gmd©O{ZH$ AmJ‘ Ho$ {d[^ÝZ ómoVm| H$m dU©Z H$s{OE&
9) Describe the various effects of public expenditure.
gmd©O{ZH$ 춶 Ho$ {d{^ÝZ à^mdm| H$s MMm© H$s{OE&
Section - C 2 × 14 = 28 (Long Answer Questions)
Note: Answer any two questions. You have to delimit your each answer maximum up to 500 words. Each question carries 14 marks.
IÊS> - g (XrK© CÎmar¶ àíZ)
{ZX}e : {H$Ýht Xmo àíZm| Ho$ CÎma Xr{OE& Amn AnZo CÎma H$mo A{YH$V‘ 500 eãXm| ‘| n[agr{‘V H$s{OE& à˶oH$ àíZ 14 A§H$m| H$m h¡&
201
EC-06 / 500 / 4 (4)
10) What is money Inflation? What are its results? Explain different measures to control it.
"‘wÐm ñH$s{V' ³¶m h¡? BgHo$ ³¶m n[aUm‘ hmoVo h¢? Bgo {Z¶§{ÌV H$aZo Ho$
{d{^ÝZ Cnm¶m| H$s ì¶m»¶m H$s{OE&
11) What are salient differences between Fisher's equation and Cambridge equation of money? Which of these do you think perfect and why? Explain.
‘wÐm Ho$ {’$ea VWm H¡$på~«O Ho$ g‘rH$aUm| ‘| AmYma^yV AÝVa H$m¡Z go h¢? BZ‘| go H$m¡Z-gm g‘rH$aU Amn AÀN>m g‘PVo h¢ VWm ³¶m|? ñnîQ>
H$s{OE&
12) Discuss the various instruments of credit control.
gmI {Z¶§ÌU Ho$ {d{^ÝZ CnH$aUm| H$s g§j|n ‘| ì¶m»¶m H$a|&
13) Write a short note on principle of maximum social advantage.
A{YH$V‘ gm‘m{OH$ bm^ Ho$ {gÕmÝV na EH$ g§{jßV {Q>ßnUr {b{IE&
