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GE PYQ 21-22 Set 1 Old Course

The document provides instructions and questions for a macroeconomics exam. It includes 6 questions related to macroeconomic concepts like GDP, consumption, savings, taxes, money supply, and credit creation. Students are asked to attempt 4 out of the 6 questions provided.

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Abhijit Sarkar
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56 views2 pages

GE PYQ 21-22 Set 1 Old Course

The document provides instructions and questions for a macroeconomics exam. It includes 6 questions related to macroeconomic concepts like GDP, consumption, savings, taxes, money supply, and credit creation. Students are asked to attempt 4 out of the 6 questions provided.

Uploaded by

Abhijit Sarkar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SET-1

Unique Paper Code : 62274301-OC


Name of the Paper : Principles of Macroeconomics-I
Scheme/Mode of
Examinations : BA(P)- DSC
Semester : iii
Name of the Course : CBCS
Duration : 3 Hours
Maximum Marks : 75

Note: Answers may be written either in English or in Hindi, but the same medium should be used
throughout the paper

fVIi.kh% bl iz”ui= dk mÙkj vaxzsth ;k fgUnh fdlh ,d Hkk’kk esa nhft,] ysfdu lHkh mÙkjksa dk ek/;e ,d
gh gksuk pkfg,A
Instructions for Candidates :
vH;fFkZ;ksa ds fy, funsZ”k%
Attempt any four questions.
fdUgha pkj iz”uksa ds mRrj nhft,A
All questions carry equal marks.
lHkh iz”uksa ds vad leku gSA
Q.1 What do you understand by macroeconomic policies? What are their objectives in general? (18.75)
lef"V vFkZ'kkL= dh uhfr;ksa ls vkidk D;k rkRi;Z gS\ lkekU;r% muds mís'; D;k gS\
Q.2 (i) 'A sum of all the different expenditures will give the GDP by the expenditure method'Which
are these expenditures?

(ii) Discuss the following concepts:-


1. Real and nominal GDP
2. National saving, private savings, and government savings.
(8.75+10)

(i) *lHkh vyx&vyx O;; dk ;ksx O;; fof/k }kjk ldy ?kjsyw mRikn GDP nsxkA*;g O;; D;k gaS\
(ii) fuEu vo/kkj.kkvksa dh ppkZ djsa%
(v) okLrfod rFkk ekSfæd ldy ?kjsyw mRikn
(c) jk"Vªh; cpr] futh cpr rFkk] ljdkjh cpr

Q.3 (i) Given the consumption function, C = 40+Yd, compute marginal propensity to consume (MPC)
and marginal propensity to save.( MPS) using the following information :-
( where ,C is consumption MPC is b and , Yd is disposable income)

Yd 500 600 700 800 900


C 400 425 540 600 650

(ii) You are given the following information about an economy :

C = 40+Yd
I = Rs. 50 crore
(a)What is the level of saving at equilibrium level of income?
(b) If, for some reasons, output were at the level of 800, what would be the level
of unplanned inventory accumulation be?
( 8.75+10)

(i) mRiknu Qyu fn;k x;k gS , C = 40+Yd, fuEu lwpukvksa dk ç;ksx djrs gq, miHkksx dh lhekar
ço`fÙk(MPC) rFkk cpr dh lhekar ço`fÙk( MPS)dh x.kuk dhft, :-
(tgka C miHkksx gS miHkksx dh lhekar ço`fÙk b gS [kpZ djus ;ksX; vk; Yd gS )
Yd 500 600 700 800 900
C 400 425 540 600 650

(ii) vkidks ,d vFkZO;oLFkk ds ckjs esa fuEu lwpuk,a nh xbZ gS


C = 40+Yd
I = Rs. 50 crore

(v) larqyu ij cpr dk Lrj D;k gS?


(c) ;fn dqN dkj.kksa ls mRiknu dk Lrj 800 ij Fkk rks vfu;ksftr vuqlwph lap; dk
Lrj D;k gksxk?
Q.4 (i) Explain the multiplier effect of equal change in government expenditure and taxes on equilibrium
level of output in an economy.

(ii) Explain why the tax multiplier (when tax is not a function of income) is smaller than
government spending multiplier. (9+9.75)

(i),d vFkZO;oLFkk esa ljdkjh O;; rFkk djksa esa leku ifjorZu dk mRiknu ds larqyu Lrj ij xq.kd çHkko
dk o.kZu dhft,A
(c) le>k,a fd dj xq.kd ¼tc dj vk; dk Qyu ugha gksrk gS½ljdkjh O;; xq.kd ls NksVk D;ksa gksrk gSA

Q.5 (i) What are the determinants of demand for money? Show the effect of an increase in nominal
income on the interest rate.

(ii) Define net export function. What are the determinants of exports and imports?

(9+9.75)
(i) eqæk dh ekax ds fu/kkZjd D;k gSa\ C;kt nj ij ekSfæd vk; esa o`f) ds çHkko dks Li"V dhft,A
(ii) fo'kq) fu;kZr Qyu dks ifjHkkf"kr dhft,A fu;kZrksa ,oa vk;rksa ds fu/kkZjd D;k gS\
Q.6 Define money multiplier. Explain the process of credit creation by commercial banks in multiple-
banking system.
(18.75)
eqæk xq.kd dks ifjHkkf"kr dhft,Acgw cSafdax ç.kkyh esa okf.kfT;d cSadksa }kjk lk[k l`tu çfØ;k dk o.kZu
dhft,A

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