I MEC-005 I

MASTER OF ARTS (ECONOMICS)

Term-End Examination
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December, 2009
MEC-005 : INDIAN ECONOMICS POLICY

Time : 3 hours

Maximum Marks : 100

Note : Answer the questions as per instructions given for each

section.

SECTION - A

Attempt any two questions from this section in about

500 words each.

What do you mean by inequality ? How is

inequality of income measured ? Explain the
implications of prevailing levels of inequality in
India.
5+5+10=20
What is the difference between unemployment
and under - employment ? Examine the various
dimensions of deterioration in the quality of
5+15=20
employment in India since 1977-78.
MEC-005

P.T.O.

Critically examine the roots, process and

inter - connection of black economy in India.

20

What is the distinction between primary market

and secondary market ? State the problems
associated with Indian equities market as of 1992.
To what extent these problems have been
overcome by the reforms introduced in the Indian
capital market ?
5+15=20

MEC-005

SECTION - B
Attempt any five questions from this section in about
300 words each.

Briefly discuss the salient features of changes in 12

the cropping pattern in India.

Examine the overall performance of small scale 12

industry sector in terms of growth, production and
exports.

Discuss the basic demographic features of India. 12

"The fiscal position of the state governments has 12
been under stress since mid 1980s." - Comment.

What do you mean by infrastructure ? Evaluate 12

the growth of social - infrastructure in India.

Critically examine the role of MNCs in a 12

developing economy.

11.

How is WTO different from GATT ? Examine 12

the impact of WTO on Indian economy.

MEC-005

P.T.O.

12. Explain any three of the following :

3x4=12

De - mutualisation
Value Added Tax
Performance Budget
De - Nationalisation
Poverty Gap Index
Non - Government Organisations (NGOs)
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MEC-005

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MEC-005

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5+15=20

P.T.O.

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MEC-005

20

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MEC-005

P.T.O.

fq7q. c41141t t-1 4 161

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-o0o-

MEC-005

12

3x4=12