Economics and Communication Skills 3rd semester MG University November 2011

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Previous question paper of 3rd semester MG University November 2011

B.TECH DEGREE EXAMINATION, NOVEMBER 2011

Third Semester

EN 010 302-ECONOMICS AND COMMUNICATION SKILLS(AI, AN, AU, CE, CS, EC, EE, EI, IC,                    IT, ME, PE and PO)

(New Scheme-2010 Admission onwards)

Common to all branches

[Regular/Improvement/Supplementary]

Time : Three Hours                                                                                    Maximum:100 Marks

 

Part A

Answer all questions.

Each Question Carries 3 marks

1. Name three Commercial banks. Describe their main functions.

2. Explain the meaning of Globalization.

3. What is incidence of tax ? Explain

4. What are the causes of inflation ?

5. List any six arguments in support of  protectionism

Part B

Answer all questions

Each question carries 5 marks

6. Explain how Commercial banks aid Economic Development of a country.

7. Discuss the various effects and defects of privatization

8. What is meant by direct and indirect taxes ? Give four examples each with your reasons.

9. Define National income and per capita income and account for the low level of per capita income in

under-developed countries..

10. Why is international trade distinguished from domestic or inter-regional trade ?

Part C

Answer all questions

Each question carries 12 marks

11. State and explain the major financial institutions in India providing financial assistance to industries

or

12. Explain the various credit control methods ? What are the methods used by the RBI to control the creation of credit by Commercial banks.

 

13. Discuss the impact of multinational companies in Indian economy.

or

14. Describe the growth and development of Information Technology industries in India.

15. Explain clearly the characteristics of good tax system.

or

16. Define tax and explain its features. Distinguish between incidence and shifting of a tax. What are the factors influencing the shifting of a tax ?

 

17. How is National income estimated ? Bring out the difficulties involved in National Income estimation in under-developed countries.

or

18. Define inflation and explain the types of inflation. What are the effects of inflation ?How is inflation controlled ?

 

19. What is free trade ? What are its advantages ? What is the case against free trade ?

or

20. Distinguish between Balance of Trade and Balance of Payments. Why must the balance of payments balance in the long run ?.

economics-and-communication-skills-3rd-semester-mg-university-november-2011