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Business Economics - II Question Paper - 2006


II Semester B.com Examination, May/June 2006
(Semester Scheme)
COMMERCE 
Business Economics - II

Time: 3 Hours                                                                 Max. Marks : 90

Instruction:  1) Answers Should be written completely only in English. 
                        2) Answer all the Sections.


SECTION - A


Answer any 10 sub-questions. Each sub-question carries 2 marks.           (10x2=20)

1. a) Give the meaning of duopoly?b) What is meant by product differentiation?
c) Define exchange rate?
d) What is full-cost pricing?
e) What is an adverse balance of payments?
f) What is a trade cycle?
g) What is quota system?
h) Give the meaning of devaluation?
i) Mention any two features of prosperity?
j) Name any four chief exports of India?
k) Expand I.M.F?
l) What is tied foreign aid?
SECTION - B

Answer any 5 of the following questions. Each question carries 5 marks.   (5x5=25)

2. Bring out the features of Oligopoly?
3. What are the objectives of a pricing policy?
4. What are the differences between home trade and foreign trade?
5. When is price discrimination possible?
6. Discuss the role of foreign aid in economic development?
7. Write a note on the export promotion measures of the
Government of India?
8. What are the advantages of foreign capital?
9. What are the causes for the balance of payments crisis in Indian in 1990s?

SECTION - C

Answer any 3 of the following questions. Each question carries 15 marks.     (3x15=45)

10. What is perfect competition? Explain how price and output is determined under perfect competition?
11. What is a pricing policy? Examine the factors involved in a pricing policy?
12. What are the causes for dis-equilibrium in balance of payments? Explain the measures that are adopted to overcome this?
13. Critically examine the role of multi-national corporations in economic development?
14. Describe the phases of a business cycle. What are the measures adopted to control their evil effects?

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