2007
COMMERCE
FOURTH PAPER
(Business Policy Analysis)
Full Marks: 80
Time: 3 hours
The figures in the margin indicate full...
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Previous year Question paper For Guahati University

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Previous year Question paper For Guahati University

  1. 1. 2007 COMMERCE FOURTH PAPER (Business Policy Analysis) Full Marks: 80 Time: 3 hours The figures in the margin indicate full marks for the questions PART-I 1. (a) State the main objectives of fiscal policy. (b) Mention three basic features of a mixed economy. 2. Answer any three of the following: 3. a) b) c) d) (a) (b) 3 2 5×3=15 Explain the term 'Industrial Reserve Army'. Describe the significance of open market operations as a tool of monetary policy. State the objectives and strategies of Eleventh Five-Year Plan. Explain the concept of social costs and social benefits. Describe briefly various forms of public ownership with their basic features.6 State various modes of foreign investment with their respective merits and demerits. 6 Or Write a brief note on the business environment of North-Eastern Region of India. PART-II Answer any three questions 4. (a) Explain the characteristics of an underdeveloped economy. 8 (b) State the major structural changes experienced by the Indian economy in the postliberalisation era. 8 5. Discuss the role of devaluation in reducing deficits in the balance of payments of a country. State its limitations. 10+6 6. Give a critical review of the theory of economic growth profounded by Schumpeter with its relevance to Indian economy. 16 7. Explain the changing trends in Industrial Licensing System in the context of economic reform in India. 16 8. Give a brief review of industrial development in India during the Five- Year Planning period. 16

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