Download PTU B.Sc Agriculture 2019 May 7th Semester 75694 MACRO ECONOMIC ANALYSIS Question Paper

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B.Sc.(Agriculture) (2014 & onwards) (Sem.-7)
MACRO ECONOMIC ANALYSIS
Subject Code : BSAG-AEB-705
M.Code: 75694

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INSTRUCTIONS TO CANDIDATES :

1. SECTION-A is COMPULSORY consisting of TEN questions carrying THREE marks each.
2. SECTION-B contains FIVE questions carrying SEVEN AND A HALF (7.5) marks each and students have to attempt any FOUR questions.

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3. SECTION-C contains THREE questions carrying FIFTEEN marks each and students have to attempt any TWO questions.

SECTION-A

1. Write briefly :
   1. Define Macro Economics.
   2. Distinguish between stock and flow variables.
   3. What do you understand by ‘open economy’?

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   4. Define Per Capital Income.
   5. Define Gross National Product.
   6. Differentiate between Average Propensity to Consume (APC) and Marginal Propensity to Consume (MPC)
   7. What is the meaning of Statutory Liquidity Ratio (SLR)?
   8. What are the main causes of low agricultural productivity in India?

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   9. What are the non-institutional sources of credit in India?
   10. What is the impact of agriculture on environment?

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SECTION-B

2. Explain circular flow of income in a two sector economy.
3. What are the main objectives of fiscal policy?
4. What is permanent income hypothesis about consumption function?
5. What is Marginal Efficiency of Capital (MEC)?

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6. What is suppressed inflation? How is it different from open inflation?

SECTION-C

7. Critically explain classical theory of Income, Output and Employment.
8. What is multiplier? Explain the working of investment multiplier.
9. Explain Liquidity preference theory of rate of interest.

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NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any page of Answer Sheet will lead to UMC against the Student.

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