DISTRICT RESOURCE CENTRE

MAHBUBNAGAR
PRE-FINAL EXAMINATIONS - JAN / FEB -2011
B.A.III Yr. ECONOMICS - PAPER - IV
(Public finance and international economics)
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TIME : 3 HOURS Max. Marks : 100
PART - A 5x2=10
I) Answer the following in One or Two sentences:
áÁøÏ+<ä Çe«ã&çq Á|üX¯ï\≈£î düe÷<ÛëqeTT\T sêj·TTeTT.
1) Public Goods
Á|ü»\ edüTÔe⁄\T
2) V A T
3) Terms of Trade
es¡Ôø£ ìã+<Ûäq\T
4) Balance of Trade
yê´bÕs¡ X‚wüeTT
5) Deficit Finance
˝À≥T ã&Ó®{Ÿ
PART - B 5x4=20
II) Answer the following not exceeding Two pages each.
áÁøÏ+<ä Çe«ã&çq Á|üX¯ï\≈£î ¬s+&ÉT ù|J\≈£î $T+#·≈£î+&Ü sêj·TTeTT.
6 a) Explain Canons of Taxation
|üqTï\ ìj·Te÷\T ‘Ó\T|ü⁄eTT.
Or
b) Define Public Finance and Explain the scope of Public Finance.
Á|üuÛÑT‘·« $‘·ÔeTTqT ìs¡«∫dü÷Ô, $‘·Ô |ü]~Ûì ù|s=ÿqTeTT.
7 a) Explain Wagner's Law
yê´>¥qsY dæ<ë∆+‘·eTTqT $e]+#·TeTT.
Or
b) Explain the absolute advantage theory
Ä&ÉyéT dæà‘Y dü+|üPs¡í e´j·T nqT≈£L\‘· dæ<ë∆+‘·eTTqT $e]+#·TeTT?
8 a) Write a note on Tariffs and Quotas.
düT+ø±\T eT]j·TT ø√{≤\qT >∑T]+∫ sêj·TTeTT.
Or
b) Critically examine the Composition and Direction of India's Foreign Trade
uÛ≤s¡‘<· X˚ ¯ $<˚X¯ yê´bÕs¡ ≈£Ls¡TŒ eT]j·TT >∑eTq e÷s¡eZ TTqT $eTs¡ÙHê‘·àø£eTT>∑ $e]+|ü⁄eTT.
9 a) Write a note on I.B.R.D. (World Bank)
I.B.R.D. ô|’ ˇø£ yê´U´ sêj·TTeTT.
Or
b) Explain the Principles of Public Expenditure.
Á|üuÛÑT‘·« e´j·T ìj·Te÷\qT $e]+|ü⁄eTT.
[P. T. O]
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10 a) What are the causes and effects of Public Debt.
Á|üuÛÑT‘·« >∑TDeTT\≈£î >∑\ ø±s¡D≤\T, Á|üuÛ≤eeTTqT $e]+|ü⁄eTT.
Or
b) Critically examine the Merits and Defects of Direct Taxes.
Á|ü‘·´ø£å |üqTï\ düT>∑TD≤\T eT]j·TT ˝ÀbÕ\qT $e]+#·TeTT.
PART - C 5x12=60
II) Answer the following not exceeding Three pages each.
áÁøÏ+<ä Çe«&çq Á|üX¯ï\≈£î 3 ù|J\T $T+#·≈£î+&Ü sêj·TTeTT.
1 a) Distinguish between Public Finance and Private Finance .
What are the different sources of Public Revenue?
Á|üuÛÑT‘·« Åô|’y˚≥T $‘·ÔeTT\≈£î >∑\ ‘˚&Ü\qT $e]+#·TeTT.
Á|üuÛÑT‘·« Ä<ëj·T e÷sêZ\qT ù|s=ÿqTeTT.
Or
b) Write about the classification of Public Debt? What are the methods of debt. redemp-
tion?
Á|üuÛÑT‘·« s¡TD eØZø£s¡D eT]j·TT s¡TD $yÓ÷#·Hê |ü<ä∆‘·T\qT ‘Ó\T|ü⁄eTT.
2 a) Explain Hecksher - Ohlin Theory of International Trade.
Hecksher - Ohlin Ä<ÛäTìø£ n+‘·sê®rj·T yê´bÕs¡ dæ<ë∆+‘·eTTqT $e]+#·TeTT.
Or
b) Explain causes and adjustments in disequilibrim in B.O.P.
$<˚X¯ yê´bÕs¡ #Ó*¢+|ü⁄\˝À düeT‘Í˝≤´ìøÏ >∑\ ø±s¡D≤\T eT]j·TT dü]~<˚› #·s¡´\qT
$e]+|ü⁄eTT.
3 a) Write a note on EXIM Policy in India.
uÛ≤s¡‘·<˚X¯eTT˝À m>∑TeT‹ ~>∑TeT‘·T\ $<ÛëqeTTqT $e]+|ü⁄eTT.
Or
b) Impact of W.T.O. of India - Explain.
uÛ≤s¡‘·<˚X¯eTTô|’ W.T.O. jÓTTø£ÿ Á|üuÛ≤eeTTqT $e]+|ü⁄eTT.
4 a) State the reasons for the Growth of Public Expenditure.
Á|üuÛÑT‘·« e´j·T ô|s¡T>∑T<ä\≈£î >∑\ ø±s¡D≤\qT $e]+#·TeTT.
Or
b) "Trade as an Engine of Economic Growth" - Explain.
ªª$<˚X¯ yê´bÕs¡eTT Ä]úø±_Ûeè~∆øÏ Ç+»Hé e+{Ï~µµ. $e]+|ü⁄eTT.
5 a) What are the Functions and Objectives of I.M.F.
I.M.F. jÓTTø£ÿ \øå±´\T eT]j·TT $<ÛäT\qT >∑T]+∫ ‘Ó\T|ü⁄eTT.
Or
b) Explain the Principle of "Maximum Social Advantage".
>∑]wü˜ kÕ+|òæTø£ Á|üjÓ÷»q dæ<ë∆+‘·eTTqT $e]+|ü⁄eTT.

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