File Details:
{"filename":"bca-3-sem-business-economics-paper-4-2016.pdf","description":"This file contains the B.C.A. Third Semester examination paper for Business Economics (Paper 4) from 2016. It includes questions on topics such as the law of demand, returns to scale, market structures, inflation, national income, foreign capital, export-import policy, and economic concepts like dumping and elasticity."}
Questions:
- Define Law of Demand and its exceptions. How does it affect price determination?
- What do you mean by the law of returns? What are the economies of large-scale production? Explain.
- Distinguish between Perfect, Monopoly, and Monopolistic Competition and explain the present situation of the market.
- What are the determinants of equilibrium of a firm and price? Describe.
- Distinguish between monetary policy and fiscal policy and explain the effect of inflation and unemployment on the national income of a country.
- What is National Income? How is it measured?
- Distinguish between F.D.I and F.I.I and explain the role of 'Foreign Capital' for developing India.
- Explain the main provisions of Export-Import Policy (2004-2009), with reference to maintaining balance of payment and balance of trade.
- What is Dumping? Describe its main issues.
- Write short notes on any two of the following: Price elasticity of demand, Oligopoly, Groups of Twenty (G-20), Revenue costs and profit maximization.
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