B.A. ( II Semester) Examination
ECONOMICS
Paper: BECO-202
(MONEY, BANKING AND INTERNATIONAL TRADE)
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
Notes: (i) Answer all questions.
(ii) The figures in the margin indicate full marks for the questions.
SECTION –I
1. Answer the following questions: 2x5=10
(a) What is a barter economy?
(b) What is rate of interest?
(c) Define inflation
(d) What do you mean by terms of trade?
(e) Define balance of payments.
SECTION-II
2. Answer any four of the following questions: 5x4=20
(a) What are the importance of money economy.
(b) Explain the functions of money
(c) Discuss the main components of money supply
(d) Explain the role of NABARD in Rural Development.
(e) What is inflationary gap?
(f) Explain the main assumptions of Smiths absolute advantage
SECTION-III
3. Answer any five of the following questions: 10x5=50
(a) Differentiate between Cambridge and Fisherian Version of quantity theory of money.
(b) Discuss the credit creation process of a commercial bank.
(c) Explain the main functions of IDBI.
(d) Discuss the disequilibrium in the balance of payments and its corrective measures.
(e) Explain Ricardian theory of Comparative advantage
(f) Explain the various terms of trade
(g) Explain the main concept of demand for money according to Keynes.
