The document outlines an engineering economics and management assignment covering basic economic problems, money, and banking. It includes defining key economic terms like firms, industries, and markets. It also tasks comparing market structures and explaining national income measurement. For basic economic problems, it asks to define poverty, unemployment, and inflation while explaining their causes and effects. Regarding money and banking, it tasks defining money and its functions, monetary policy objectives, and commercial bank and central bank functions. It concludes by asking students to explain various interest rates set by the central bank.

1. ENGINEERINGECONOMICSANDMANAGEMENT
Assignment 2
Unit: 3 Basic Economy Problems
1) Explain the term: a) The Firmb) The Industryc) The Market
2) Explain different types of Markets along with price determination.
3) Compare Monopolistic Marketand Perfect competition.
4) Explain in detail about The National Incomeand the methods of measuring
National Income
Unit: 4 Basic Economic Problems
1) What is mean by Poverty? Mention the Causes and Measures to reduce it.
2) Define Unemployment with its type’s .Explain the Effect and Causes of
Unemployment.
3) Define Inflation. Mentions Types, Causes and Effect of Inflation.
Unit: 5 Money and Banking
1) Define: a) Money b) Money functions c) Types of Money.
2) Explain Monetary Policy and its objectives.
3) DescribeQuantitative and Qualitative instruments of Monetary Policy.
4) Define Fiscal Policy.
5) What is mean by Banking? Explain its types.

2. ENGINEERINGECONOMICSANDMANAGEMENT
6) Explain functions of Commercial banks.
7) Explain functions of RBI
8) Explain the rates decided by RBI
a) Repo rate b) ReverseRepo rate c) Bank rate
d) CRR e) Call rate f) SLR