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64_COMMERCE_ BUSINESS ECONOMICS_652_(11-12-2019 07_45_38_304 AM) mahesh1.pdf

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AX–64
B.Com. Part—I (Semester—II) Examination
(Commerce)
BUSINESS ECONOMICS
Time : Three Hours] [Max...
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9. __________ is the main feature of imperfect competition.
(a) Many Sellers and Buyers
(b) Product ...
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SECTION—B
Write answers in short :—
1. (a) Explain the features of Business Economics. 4
OR
(b) Expl...
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64_COMMERCE_ BUSINESS ECONOMICS_652_(11-12-2019 07_45_38_304 AM) mahesh1.pdf

  1. 1. 404 404 4 0 4 404 404 AX–64 B.Com. Part—I (Semester—II) Examination (Commerce) BUSINESS ECONOMICS Time : Three Hours] [Maximum Marks : 80 Note :— (1) All questions are compulsory. (2) Draw diagrams wherever necessary. SECTION—A (Multiple Choice Questions) Select suitable options :— 1×20=20 1. Managerial Economics is the new branch of __________. (a) Agricultural Economics (b) Labour Economics (c) Business Economics (d) None of these 2. _________ is the main objective of Managerial Economics. (a) Advertisement (b) Price decision (c) Profit Management (d) All of the above 3. Business Economics was originated during ________. (a) Second World War (b) First World War (c) (a) and (b) (d) None of the above 4. ________ is the feature of Business Economics. (a) Nature of Micro Economics (b) Use of Macro Economics (c) Perspective nature (d) All of the above 5. Monopolist controls over ________. (a) Supply of commodities (b) Demand of commodities (c) Demand and supply of commodity (d) None of these 6. Local market means ___________. (a) Market spread in specific region (b) Market meant for one particular place (c) Nationwide market (d) None of these 7. Monopolist earns maximum profit at a point where _________. (a) Marginal cost is equal to Marginal Revenue (b) Marginal cost is equal to Average Revenue (c) Marginal cost is equal to Average Cost (d) Marginal cost is equal to Total Revenue 8. Monopoly market means __________. (a) Limited number of buyers and sellers (b) Only single seller or producer in market (c) Long-term market (d) Mixed market DD—2428 1 (Contd.)
  2. 2. 404 404 4 0 4 404 404 9. __________ is the main feature of imperfect competition. (a) Many Sellers and Buyers (b) Product differentiation (c) Differential choice of many customers (d) Many sellers and product differentiation 10. Price Leadership is feature of ________. (a) Oligopoly (b) Monopoly (c) Perfect competition (d) Monopolistic competition 11. _________ is an imaginary situation of market. (a) Monopoly (b) Perfect competition (c) Oligopoly (d) Imperfect competition 12. In perfect competition the basis of price determination is _________. (a) Demand (b) Supply (c) Demand & Supply (d) None of these 13. Demand curve of factors of production is _________. (a) Negative (b) Positive (c) Parallel (d) None of these 14. According to Ricardo Land without rent is called as __________. (a) Marginal Land (b) Productive Land (c) Semi Marginal Land (d) Unproductive Land 15. Quasi Rent Theory was proposed by ________. (a) Adam Smith (b) Ricardo (c) Marshal (d) None of these 16. Basis of difference between Monetary wages and Real wages is ________. (a) Purchasing power of money (b) Additional facilities and concessions (c) Tendency of work (d) All of the above 17. Loanable funds theory of Interest was first proposed by _________. (a) Keynes (b) J.B. Say (c) Fisher (d) Wicksell 18. Supply curve of total loanable funds is __________. (a) Parallel (b) Vertical (c) Upward sloping from left to right (d) Downward sloping from left to right 19. Risk and uncertainty theory of profit is proposed by __________. (a) J.B. Clark (b) Hawley (c) J.M. Keynes (d) Marshal 20. According to Schumpeter the profit emerges due to __________ . (a) Imitation (b) Management (c) Innovation (d) Organisation DD—2428 2 (Contd.)
  3. 3. 404 404 4 0 4 404 404 SECTION—B Write answers in short :— 1. (a) Explain the features of Business Economics. 4 OR (b) Explain the nature of Managerial Economics. 2. (a) Explain the functions of price mechanism. 4 OR (b) Explain the types of market. 3. (a) Explain the features of oligopoly. 4 OR (b) What is price leadership ? 4. (a) Explain the assumptions of marginal productivity theory. 4 OR (b) Explain the factors responsible for exploitation of workers. 5. (a) Explain the demand of Loanable Funds. 4 OR (b) Explain profit and give its definition. SECTION—C Write answers in detail :— 1. (a) Explain how Managerial Economics assists Managers. 8 OR (b) Explain the concept and features of Managerial Economics. 2. (a) Explain monopoly and elaborate how price determination takes place under it. 8 OR (b) What is price discrimination ? Explain its types. 3. (a) What is perfect competition ? Explain its features. 8 OR (b) What is imperfect competition ? Explain its features. 4. (a) Explain the Ricardian Theory of Rent. 8 OR (b) Explain the Law of Marginal Productivity and narrate its limitations. 5. (a) Critically evaluate the loanable funds theory of interest. 8 OR (b) Explain the innovation theory of profit propounded by Schumpeter. DD—2428 3 (Contd.)
  4. 4. 404 404 4 0 4 404 404 AX–64 B.Com. Part—I (Semester—II) Examination (Commerce) BUSINESS ECONOMICS Time : Three Hours] [Maximum Marks : 80 ¼ejkBh ek/;e½ lwpuk :— (1) loZ iz’u lksMfo.ks vko’;d vkgs- (2) vko’;d rsFks vkÑR;k dk<k- foHkkx—v ¼cgqi;kZ;h iz’u½ ;ksX; i;kZ; fuoMk %— 1×20=20 1. izca/kdh; vFkZ’kkL= gh _________ ph ,d uohu ’kk[kk vkgs- ¼v½ Ñ"kh vFkZ’kkL= ¼c½ Je vFkZ’kkL= ¼d½ O;kolk;hd vFkZ’kkL= ¼M½ ;kiSdh ukgh 2. izca/kdh; vFkZ’kkL=kps _________ ew[; míh"V vkgs- ¼v½ tkghjkr ¼c½ ewY; fu.kZ; ¼d½ ykHkkps O;oLFkkiu ¼M½ ojhyiSdh loZ 3. O;kolk;hd vFkZ’kkL=kpk mn; _________ dkGkr >kyk- ¼v½ f}fr; egk;q) ¼c½ izFke egk;q) ¼d½ ¼v½ vkf.k ¼c½ ¼M½ ojhy iSdh ukgh 4. O;kolk;hd vFkZ’kkL=kph oSf’k"Vîs _________ vkgsr- ¼v½ ’kq{e vFkZ’kkL=kps Lo:i ¼c½ LFkwy vFkZ’kkL=kpk mi;ksx ¼d½ funsZ’kkRed Lo:i ¼M½ ;kiSdh loZ 5. ,dkf/kdkÚ;kps _________ fu;a=.k vlrs- ¼v½ oLrqP;k iqjoBîkoj ¼c½ oLrwP;k ekx.khoj ¼d½ oLrwpk iqjoBk vkf.k ekx.kh;k nksUghoj ¼M½ ;kiSdh ukgh 6. LFkkuhd cktkj Eg.kts _________. ¼v½ ,dk fof’k"V izns’kkr iljysyk cktkj ¼c½ ,dk fof’k"V LFkkuklkBh vl.kkjk cktkj ¼d½ ns’kO;kih cktkj ¼M½ ;kiSdh ukgh 7. ,dkf/kdkÚ;kyk vf/kdre ykHk R;k fcanwoj izkIr gksrks] ftFks _________- ¼v½ lhekar [kpZ vkf.k lhekar izkIrh leku vlrs ¼c½ lhekar [kpZ vkf.k ljkljh izkIrh leku vlrs ¼d½ lhekar [kpZ vkf.k ljkljh [kpZ leku vlrks ¼M½ lhekar [kpZ vkf.k ,dw.k izkIrh leku vlrs 8. ,dkf/kdkj cktkj Eg.kts _________- ¼v½ Øsrk vkf.k foØsR;kph e;kZnhr la[;k ¼c½ cktkjkr ,dp foØsrk fdaok mRiknd ¼d½ fn?kZdkyhu cktkj ¼M½ feJhr cktkj DD—2428 4 (Contd.)
  5. 5. 404 404 4 0 4 404 404 9. viw.kZ Li/ksZph eq[; oSf’k"Vîs _________ gs vkgs- ¼v½ vusd Øsrk vusd foØsrk ¼c½ oLrw foHksnu ¼d½ vusd ØsR;kaph osxosxGh ilarh ¼M½ vusd foØsrs vkf.k oLrw foHksnu 10. ewY; usr‘Ro _________ ps oSf’k"Vîs vkgs- ¼v½ vYikf/kdkj ¼c½ ,dkf/kdkj ¼d½ iw.kZ Li/kkZ ¼M½ ,dkf/kdkjkRed Li/kkZ 11. cktkjkrhy _________ gh ,d dkYifud fLFkrh vkgs ¼v½ ,dkf/kdkj ¼c½ iw.kZ Li/kkZ ¼d½ vYikf/kdkj ¼M½ viw.kZ Li/kkZ 12. iw.kZ Li/ksZP;k dkGkr oLrwph fdaer fu/kkZjhr gks.;kpk vk/kkj _________ gk vkgs- ¼v½ ekx.kh ¼c½ iqjoBk ¼d½ ekx.kh o iqjoBk ¼M½ ;kiSdh ukgh 13. mRiknukP;k lk/kukpk ekx.kh oØ _________ vlrks- ¼v½ _.kkRed ¼c½ /kukRed ¼d½ lekarj ¼M½ ;kiSdh ukgh 14. fjdkMksZP;k ers HkkVd jghr Hkwehyk ___________ Eg.krkr- ¼v½ flekar Hkweh ¼c½ vf/kd mitkÅ Hkweh ¼d½ v/kZ flekar Hkweh ¼M½ catj Hkweh 15. vkHkklh HkkVdkpk fl)kar _________ ;kauh ekaMyk- ¼v½ vWMe fLeFk ¼c½ fjdkMksZ ¼d½ ek’kZy ¼M½ ojhyiSdh ukgh 16. okLrfod etqjh vkf.k ekSfnzd etqjhrhy Qjdkpk vk/kkj _________ vkgs- ¼v½ eqnzsph Ø;’kDrh ¼c½ vfrfjDr lks;h o loyrh ¼d½ dk;kZph izo‘Ùkh ¼M½ ojhyiSdh loZ 17. O;ktkP;k _.k;ksX; fu/kh fl)karkps lokZr izFke _________ ;kauh izfriknu dsys- ¼v½ dhUl ¼c½ ts-ch-ls- ¼d½ fQ’kj ¼M½ fodlsy 18. _.k;ksX; fu/khpk ,dw.k iqjoBk oØ _________ vlrks- ¼v½ lekarj ¼c½ ljG map ¼d½ MkohdMwu mtohdMs oj p<r tk.kkjk ¼M½ MkohdMwu mtohdMs mrjrk 19. ykHkkP;k tks[khe vfuf’prrk cy fl)karkps izfriknu _________ ;kauh dsys- ¼v½ ts-ch- DykdZ ¼c½ gkWys ¼d½ ts-,e- dhUl ¼M½ ek’kZy 20. ’kqEihVjP;k ers] ykHk mRiUu gks.kkjs _________ ,d dkj.k vkgs- ¼v½ vuqdj.k ¼c½ izca/ku ¼d½ uoizorZu ¼M½ la?kVu DD—2428 5 (Contd.)
  6. 6. 404 404 4 0 4 404 404 foHkkx—c FkksMD;kr mÙkjs fygk %— 1. ¼v½ O;kolk;hd vFkZ’kkL=kph oSf’k"Vîs Li"V djk- 4 fdaaok ¼c½ izca/kdh; vFkZ’kkL=kps Lo:i Li"V djk- 2. ¼v½ fdaer ;a=.ksph dk;Z Li"V djk- 4 fdaaok ¼c½ cktkj isBsps izdkj Li"V djk- 3. ¼v½ vYik/khdkjkps oSf’k"Vîs Li"V djk- 4 fdaaok ¼c½ fdaer usr‘Ro Eg.kts dk; 4. ¼v½ lhekar mRikndrk fu;ekph x‘ghrs Li"V djk- 4 fdaaok ¼c½ dkexkjkP;k fiGo.kwdhyk dkj.khHkwr Bj.kkjs ?kVd Li"V djk- 5. ¼v½ _.k;ksX; fuf/kph ekx.kh Li"V djk- 4 fdaaok ¼c½ ykHkkpk vFkZ Li"V d:u] ykHkkph O;k[;k nîk- foHkkx—d lfoLrj mÙkjs fygk %— 1. ¼v½ izca/kdh; vFkZ’kkL= izca/kdkauk d’kk izdkjs enr djrs Li"V djk- 8 fdaaok ¼c½ izca/kdh; vFkZ’kkL=kph ladYiuk Li"V d:u izca/kdh; vFkZ’kkL=kph oSf’k"Vîs Li"V djk- 2. ¼v½ ,dk/khdkjkpk vFkZ Li"V d:u] ,dk/khdkjkr fdaer fu/kkZj.k dls gksrs Li"V djk- 8 fdaaok ¼c½ ewY; foHksnu Eg.kts dk; ewY; foHksnukps izdkj Li"V djk- 3. ¼v½ iw.kZ Li/kkZ Eg.kts dk; R;kaph oSf’k"Vîs Li"V djk- 8 fdaaok ¼c½ viw.kZ Li/kkZ Eg.kts dk; viw.kZ Li/ksZph oSf’k"Vîs Li"V djk- 4. ¼v½ fjdkMksZpk HkkaVd fl)kar Li"V djk- 8 fdaaok ¼c½ flaekr mRikndrk fl)kar Li"V d:u R;kP;k e;kZnk Li"V djk- 5. ¼v½ O;ktkP;k _.k;ksX; fu/kh fl)karkps VhdkRed ijh{k.k djk- 8 fdaaok ¼c½ ’kqEihVjpk ykHkkpk uoizorZu fl)kar Li"V djk- DD—2428 6 (Contd.)
  7. 7. 404 404 4 0 4 404 404 AX–64 B.Com. Part—I (Semester—II) Examination (Commerce) BUSINESS ECONOMICS Time : Three Hours] [Maximum Marks : 80 ¼fgUnh ek/;e½ lwpuk :— (1) lHkh iz’u vfuok;Z gSaA (2) vko’;d ogk¡ is js[kkfp= fudkfy;sA foHkkx—v ¼cgqi;kZ;h iz’u½ mfpr fodYi pqfu;s %— 1×20=20 1. izca/kdh; vFkZ’kkL= _________ ,d ubZ ’kk[kk gSA ¼v½ Ñf"k vFkZ’kkL= ¼c½ Je vFkZ’kkL= ¼d½ O;kolkf;d vFkZ’kkL= ¼M½ buesa ls ugha 2. izca/kdh; vFkZ’kkL= dh _________ izeq[k fo’ks"krk,a gSaA ¼v½ tkfgjkr ¼c½ ewY; fu.kZ; ¼d½ ykHk dk O;oLFkkiu ¼M½ buesa ls lHkh 3. O;kolkf;d vFkZ’kkL= dk mn; _________ dky esa gqvkA ¼v½ f}rh; egk;q) ¼c½ izFke egk;q) ¼d½ ¼v½ ,oe~ ¼c½ ¼M½ buesa ls ugha 4. O;kolkf;d vFkZ’kkL= dh fo’ks"krk,a _________ gSaA ¼v½ lw{e vFkZ’kkL= ds Lo:i ¼c½ LFkwy vFkZ’kkL= ds mi;ksx ¼d½ funsZ’kkRed Lo:i ¼M½ buesa ls lHkh 5. ,dkf/kdkjh ds _________ fu;a=.k gSA ¼v½ oLrq dh iwfrZ ij ¼c½ oLrq dh ekax ij ¼d½ oLrq dh iwfrZ ,oe~ ek¡x bu nksuksa ij ¼M½ buesa ls ugha 6. LFkkfud cktkj ;kus _________A ¼v½ ,d fo’ks"k izns’k esa QSyk gqvk cktkj ¼c½ ,d fo’ks"k LFkku ds cktkj ¼d½ ns’kO;kih cktkj ¼M½ buesa ls ugha 7. ,dkf/kdkjh dks vf/kdre ykHk ml fcanq ij feyrk gS tgk¡ _________- ¼v½ lhekar [kpZ ,oe~ lhekar izkIrh leku jguk ¼c½ lhekar [kpZ ,oe~ ljkljh izkIr leku jguk ¼d½ lhekar [kpZ ,oe~ ljkljh [kpZ leku jguk ¼M½ lhekar [kpZ ,oe~ dqy izkIrh leku jguk 8. ,dkf/kdkj cktkj ;kus _________A ¼v½ Øsrk ,oe~ foØsrkvksa dh e;kZfnr la[;k ¼c½ cktkj esa vdsyk foØsrk ,oe~ mRiknd ¼d½ nh?kZdkyhu cktkj ¼M½ feJhr cktkj DD—2428 7 (Contd.)
  8. 8. 404 404 4 0 4 404 404 9. viw.kZ Li/kkZ dh izeq[k fo’ks"krk,a _________ ;s gSaA ¼v½ vusd Øsrk ,oa vusd foØsrk ¼c½ oLrq foHksn ¼d½ vusd Øsrkvksa dh vyx&vyx ialarh ¼M½ vusd foØsrk ,oe~ oLrq foHksnu 10. ewY; usr‘Ro _________ dh fo’ks"krk gSA ¼v½ vYikf/kdkj ¼c½ ,dkf/kdkj ¼d½ iw.kZ Li/kkZ ¼M½ ,dkf/kdkjkRed Li/kkZ 11. cktkj esa dh ;g ,d _________ dkYifud fLFkrh gSA ¼v½ ,dkf/kdkj ¼c½ iw.kZ Li/kkZ ¼d½ vYikf/kdkj ¼M½ viw.kZ Li/kkZ 12. iw.kZ Li/kkZ ds dky esa oLrq dh fdaer fu/kkZfjr gksus dk vk/kkj _________ ;s gSA ¼v½ ek¡x ¼c½ iwfrZ ¼d½ ek¡x ,oe~ iwfrZ ¼M½ buesa ls ugha 13. mRiknu ds lk/ku dk ek¡x oØ _________ jgrk gSA ¼v½ _.kkRed ¼c½ /kukRed ¼d½ lekarj ¼M½ buesa ls ugha 14. fjdkMksZ ds vuqlkj HkkVd jfgr Hkwfe dks ___________ dgrs gSaA ¼v½ lhekar Hkwfe ¼c½ vf/kd mitkÅ Hkwfe ¼d½ v/kZ lhekar Hkwfe ¼M½ catj Hkwfe 15. vkHkklh HkkVd fl)kar bUgksaus _________ izfrikfnr fd;kA ¼v½ vWMe fLeFk ¼c½ fjdkMksZ ¼d½ ek’kZy ¼M½ buesa ls ugha 16. okLrfod etnwjh ,oe~ ekSfnzd etnwjh buds varj dk vk/kkj _________ gSA ¼v½ eqnzk dh Ø; ’kfDr ¼c½ vfrfjDr lqfo/kk ,oe~ loyr ¼d½ dk;Z dh izo‘rh ¼M½ buesa ls lHkh 17. C;kt ds _.k;ksX; fu/kh fl)kar dks lcls igys _________ bUgksaus izfrikfnr fd;kA ¼v½ dsUl ¼c½ ts-ch-ls ¼d½ fQ’kj ¼M½ fodlsy 18. _.k ;ksX; fu/kh dk dqy iwfrZ oØ _________ jgrk gSA ¼v½ lekarj ¼c½ lh/ks Åij ¼d½ ck¡;s ls nk¡;s Åij p<+us okyk ¼M½ ck¡;s ls nk¡;s mrjrk 19. ykHk ds tksf[ke vfuf’prrk ogu fl)kar ds izfriknu _________ bUgksaus fd;kA ¼v½ ts-ch- DykdZ ¼c½ gkWys ¼d½ ts-,e- fdUl ¼M½ ek’kZy 20. ’kqEihVj ds vuqlkj ykHk fuekZ.k dk _________ ,d dkj.k gSA ¼v½ vuqdj.k ¼c½ izca/ku ¼d½ uoizorZu ¼M½ la?kVu DD—2428 8 (Contd.)
  9. 9. 404 404 4 0 4 404 404 foHkkx—c la{ksi esa mÙkj fyf[k;s %— 1. ¼v½ O;kolkf;d vFkZ’kkL= fo’ks"krk,a Li"V dhft;sA 4 vFkok ¼c½ izca/kdh; vFkZ’kkL= ds Lo:i Li"V dhft;sA 2. ¼v½ dher ;a=.kk dh dk;Z Li"V dhft;sA 4 vFkok ¼c½ cktkj isB ds izdkj Li"V dhft;sA 3. ¼v½ vYikf/kdkj dh fo’ks"krk,a Li"V dhft;sA 4 vFkok ¼c½ dher usr‘Ro ;kus D;k 4. ¼v½ lhekar mRikndrk fu;e dh x‘fgrksa dks Li"V dhft;sA 4 vFkok ¼c½ dkexkjksa ds ’kks"k.k dks ftEesnkj dkjdksa dks Li"V dhft;sA 5. ¼v½ _.k ;ksX; fu/kh dh ek¡x Li"V dhft;sA 4 vFkok ¼c½ ykHk dk vFkZ Li"V djds ykHk dh ifjHkk"kk nhft;sA foHkkx—d foLrkj ls mÙkj fyf[k;s %— 1. ¼v½ izca/kdh; vFkZ’kkL= izca/kdksa dks fdl izdkj enr djrs gSa Li"V dhft;sA 8 vFkok ¼c½ izca/kdh; vFkZ’kkL= dh ifjHkk"kk Li"V djds izca/kdh; vFkZ’kkL= dh fo’ks"krk,a Li"V dhft;sA 2. ¼v½ ,dkf/kdkj dk vFkZ Li"V djds ,dkf/kdkj esa dher fu/kkZj.k dSls gksrk gS Li"V dhft;sA 8 vFkok ¼c½ ewY; foHksn ;kus D;k ewY; foHksn ds izdkj Li"V dhft;sA 3. ¼v½ iw.kZ Li/kkZ ;kus D;k mudh fo’ks"krk,a Li"V dhft;sA 8 vFkok ¼c½ viw.kZ Li/kkZ ;kus D;k viw.kZ Li/kkZ dh fo’ks"krk,a Li"V dhft;sA 4. ¼v½ fjdkMksZ dk HkkVd fl)kar Li"V dhft;sA 8 vFkok ¼c½ lhekar mRikndrk fl)kar Li"V djds mudh e;kZnk Li"V dhft;sA 5. ¼v½ C;kt dk _.k;ksX; fu/kh fl)kar dk vkykspukRed ifj{k.k dhft;sA 8 vFkok ¼c½ ’kqEihVj ds ykHk dk ^^uoizorZu** fl)kar Li"V dhft;sA DD—2428 9 625

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