Download "Economics" Question Paper - II Money and Banking for B.A. /B.Sc. (Hons.) 3rd Year Honours. All Previous years Question Papers.

B.A. /B.Sc. (Hons.) 3rd Year
Economics
Paper-II: Money and Banking 

Time Allowed: Three Hours] [Maximum Marks: 90

Note: - Attempt five questions in all. Question No. 1 is compulsory.

Attempt one question from each of the four Units. All questions carry equal marks.

I. Attempt any nine of the following short answer questions in about 25 to 30 words each: 

(i) What is monetization? 

(ii) Distinguish between money and near money.

(iii) Explain MV = PT. 

(iv) Non-neutrality of money.

(v) Measures of money supply in India. 

(vi) What is liquidity trap?

(vii) Objectives of IMF. 

(viii) Define international liquidity.

(x) Capital adequency norms. 

(x) Efficacy of monetary policy.

(xi) Any two functions of Asian Development Bank. 

(xii) Define money multiplier.

UNIT-I 

2. Critically examine the Chicago version of the Quantity theory of money.

3. Discuss critically the Friedman's theory of demand for money.

UNIT-II

4. Explain the concept of money supply and describe the various components of money supply.

5. Define and derive the LM curve and explain its properties. 18

UNIT-III 

6. Discuss the role of monetary policy in a developing economy like India.

7. Explain the process of credit creation undertaken by the banking system of a country.

UNIT-IV 

8. Discuss the usefulness of the IBRD in facilitating and promoting long-term investment.

9. Write short notes on: 

(i) International Finance Corporation 

(ii) International Development Association.