2020
BA (II Semester) Examination
ECONOMICS
Paper : BECO–202
( Money, Banking and International Trade )
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
Section-I
1. Answer any five of the following questions : 2×5=10
(a) What do you mean by rate of interest?
(b) Identify the limitations of barter economy.
(c) Examine the concept of money supply.
(d) What do you mean by demand-pull inflation?
(e) Define international trade.
(f) What do you understand by cost-push inflation?
(g) Define balance of payments.
2. Answer any four of the following questions : 5×4=20
(a) Distinguish between barter economy and money economy.
(b) Explain speculative motive of demand for money.
(c) What are the objectives of NABARD?
(d) What is structural theory of inflation?
(e) Distinguish between domestic and international trade.
(f) Explain inflationary gap in brief.
(g) Write the assumptions of absolute advantage theory.
(h) What are the corrective measures of disequilibrium in the balance of payments?
(a) Discuss the Cambridge version of quantity theory of money.
(b) Explain Keynesian model of demand for money.
(c) Analyze the basic components of money supply.
(d) Discuss the functions of commercial banks.
(e) Analyze the role and functions of RBI in India.
(f) Differentiate between gross barter and income terms of trade.
(g) Explain the effects of inflation on production.
(h) Critically appraise Ricardo’s comparative advantage theory in the international trade.
(i) Elucidate the main causes of inflation.
