Download GTU B.Tech 2020 Summer 4th Sem 3140709 Principles Of Economics And Management Question Paper

Download GTU (Gujarat Technological University Ahmedabad) B.Tech/BE (Bachelor of Technology/ Bachelor of Engineering) 2020 Summer 4th Sem 3140709 Principles Of Economics And Management Previous Question Paper

Seat No.: ________
Enrolment No.___________


GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER? IV EXAMINATION ? SUMMER 2020
Subject Code: 3140709 Date:02/11/2020
Subject Name: Principles of Economics and Management
Time: 10:30 AM TO 01:00 PM Total Marks: 70
Instructions:
1. Attempt all questions.

2. Make suitable assumptions wherever necessary.

3. Figures to the right indicate full marks.



MARKS
Q.1 (a) Define Economics? Why is the study of Economics useful for
03
engineers?

(b) Differentiate between macro and micro economics inbrief.
04

(c) Write a note on `Equilibrium between supply and demand' with
07
neat diagram


Q.2 (a) What do you mean by Demand and Supply ?Explain the Law of
03
Demand

(b) Discuss functions of Money
04

(c) Write the full forms of GDP, GNP, NNP and NDP. Explain
07
these concepts and elaborate how they are calculated


OR


(c) Write a detailed note on:
07
1.Monopoly Market
2.Oligopoly Market
Q.3 (a) Explain the types of managers with examples
03

(b) What are the causes and remedies of unemployment?
04

(c) What is monopoly? Differentiate between perfect competition
07
and monopolistic competition


OR

Q.3 (a) Explain the type of cost briefly.
03

(b) What is the meaning of Inflation? State the measures to be
04
take
n to control it

(c) Explain "Fiscal Policy", write its objectives.
07
Q.4 (a) What do you mean by break even point .what it indicate
03

(b) What is difference between absolute and relative poverty?
04

(c) Define Financial Management. Discuss Function Of Financial
07
Management.

OR

Q.4 (a) What are the Primary and Secondary function of banks
03

(b) what are Quantitative tools and Qualitative tools of Monetary
04
Policy

(c) Explain `Span of Control'. State merits and demerits of a limited
07
span of control. Discuss the factors affecting the span of control.
Q.5 (a) what do you mean contribution .how it differ from contribution
03
ratio

(b) Define "Organization." Explain types of organization.
04
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(c) Define following terms with respect to banking
07


1. Repo Rate 2. Reverse Repo Rate
3.Marginal Standing Facility 4.Cash Reserve Ratio
5. Statutory Liquidity Ratio 6.Market Stabilization Scheme


OR
Q.5 (a) `Good planning is half work done.' Explain
03
(b) What is the difference between administration and management?
04
(c) Explain CARROLL'S SOCIAL RESPONSILITY PYRAMID
07

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