2022
B.A. ( VI Semester) Examination
ECONOMICS
Paper: BECO-609
(Monetary Economics and Financial Institutions)
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) Define primary market.
(b) What do you mean by fiscal policy?
(c) Define a bond.
(d) What is reserve money?
(e) How does fixed exchange rate affect inflation?
Section-II
(a) Differentiate between M1 and M4.
(b) Explain the factors that affect money supply in an economy.
(c) How are bonds different from shares?
(d) Explain the functions of Security Exchange Board of India.
(e) How does inflation affect money demand?
(f) Explain the policy of RBI towards commercial banks.
3. Answer any five of the following questions : 10×5=50
(a) What is real bill theory? Discuss how the real bill doctrine caused the great depression.
(b) Explain the objectives of a commercial bank.
(c) Discuss the limitations of fiscal policy in a developing country.
(d) Explain the objectives of RRB.
(e) Discuss the factors that affect in internal and external balance of the economy of a country.
(f) Explain the powers of RBI over the commercial banks.
(g) Discuss the limitations of Mundell-Fleming model
Section-III
(a) What is real bill theory? Discuss how the real bill doctrine caused the great depression.
(b) Explain the objectives of a commercial bank.
(c) Discuss the limitations of fiscal policy in a developing country.
(d) Explain the objectives of RRB.
(e) Discuss the factors that affect in internal and external balance of the economy of a country.
(f) Explain the powers of RBI over the commercial banks.
(g) Discuss the limitations of Mundell-Fleming model
