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{"filename":"ballb-1-sem-economics-1-np-3347-dec-2016.pdf","subject":"Economics-I (BL-104)","course":"B.A. LL.B. - I Sem.","exam_date":"December 2016","total_marks":"100","sections":3}

Questions:

  1. Differentiate between decrease and contraction in demand.
  2. Are savings and consumption related to each other? How?
  3. How is national income derived from gross domestic product?
  4. What do you understand by capital formation?
  5. What do you mean by fiscal policy?
  6. What is market price? How is it attained?
  7. Write a note on the nature of Indian economy.
  8. Are public and private sectors of an economy complementary? How?
  9. Describe the relevance of Economics in social justice.
  10. Describe the stages of economic growth as propounded by W. W. Rostow.
  11. What are the problems faced by small and medium industries in India? What are the steps taken by the government for their remedy?
  12. Discuss the functions of Reserve Bank of India with particular reference to controlling inflation.
  13. Discuss the steps involved in a planning process.
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