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Signature and Name of Invigilator Roll No.

1. (Signature) (In figures as per admission card)

(Name)
Roll No.
2. (Signature) (In words)
(Name)
Test Booklet No.
D—0 1 0 4 PAPER—III
Time : 2½ hours] ECONOMICS [Maximum Marks : 200
Number of Pages in this Booklet : 40 Number of Questions in this Booklet : 11
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D—0104 1 P.T.O.
ECONOMICS
¥ÍüàææS˜æ
PAPER—III
ÂýàÙ-˜æ—III

Note : This paper consists of two parts - (A and B). All questions are
compulsory.
§â ÂýàÙ˜æ ×ð¢ Îô ¹‡ÇU (¥ °ß¢ Õ) ãñ¢Ð âÖè ÂýàÙ ¥çÙßæØü ãñ¢Ð

PART—A

¹‡ÇU—¥

Note : This part has ten short essay type questions of 16 marks each to
be answered in about three hundred words.
§â ¹‡ÇU ×ð¢ Îâ ÜUƒæé çÙՋÏæˆ×·¤ ÂýàÙ ãñ¢, ÂýˆØð·¤ ÂýàÙ ·ð¤ 16 ¥¢·¤ ãñ¢, çÁÙ·¤æ
©žæÚU ÜU»Ö» ÌèÙ âõ àæŽÎô¢ ×ð¢ ÎèçÁ°Ð

D—0104 2
PART—A
¹‡ÇU—¥

1. Explain with a suitable diagram the concept of the ‘Point of Bliss’.


â×éç¿Ì ç¿˜æ ·ð¤ ×æŠØ× âð ‘ ¥æàæèßæüÎ çՋÎé ’ ·¤è ¥ßÏæÚU‡ææ ·¤ô â×Ûææ§ØðÐ

OR / ¥Íßæ
Explain the L-shaped cost curve for the long run.
Îèƒæü·¤æÜU ×ð¢ L-¥æ·¤æÚU ·ð¤ Üæ»Ì ßR¤ ·¤ô â×Ûææ§ØðÐ

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2. ‘Portfolio Balance Approach put forward by Tobin is a development of Keynes’ theory
of demand for money’. Examine.
‘ ÅUôçÕÙ mæÚUæ ÂýçÌÂæçÎÌ ÂôÅüUȤôçUÜUØô â¢ÌéÜUÙ ©Âæ»× ßæSÌß ×𢠷ð¢¤Á ·ð¤ ×éÎýæ ×梻 çâhæ¢Ì ·¤æ çß·¤æâ ãñÐ ’
ÂÚUèÿææ ·¤èçÁ°Ð

OR / ¥Íßæ
Explain the concept of accelerator and show how it generates economic fluctuations.
ˆßÚU·¤ ·¤è ¥ßÏæÚU‡ææ ·¤ô â×Ûææ§Øð ÌÍæ Îàææü§Øð ç·¤ Øã ç·¤â ÌÚUã ¥æçÍü·¤ ©“ææß¿Ù ·¤ô Á‹× ÎðÌæ ãñÐ

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3. What is endogenous growth ? Discuss the role of education, research and knowledge
in growth process.
¥¢ÌÁæüÌ ßëçh €Øæ ãñ? ßëçh ÂýçR¤Øæ ×ð¢ çàæÿææ, àæôÏ ÌÍæ ™ææÙ ·¤è Öêç×·¤æ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð

OR / ¥Íßæ
Critically examine Prebisch-Singer hypothesis of trade and development.
ÃØæÂæÚU °ß¢ çß·¤æâ âð â¢Õ¢çÏÌ ÂýðçÕàæ-ç⢻ÚU ÂçÚU·¤ËÂUÙæ ·¤è ¥æÜUô¿Ùæˆ×·¤ ÂÚUèÿææ ·¤èçÁ°Ð

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4. Critically examine Wiseman-Peacock hypothesis of growth of public expenditure.
âæßüÁçÙ·¤ ÃØØ ·¤è ßëçh âð â¢Õ¢çÏÌ ßæ§Á×ñÙ-Â跤淤 ÂçÚU·¤ËÂUÙæ ·¤è ¥æÜUô¿Ùæˆ×·¤ ÂÚUèÿææ ·¤èçÁ°Ð

OR / ¥Íßæ
Trace the growth of public debt in India during the eighties and nineties. Is India
moving towards internal debt trap ?
ÖæÚUÌ ×𢠥Sâè °ß¢ َÕð ·ð¤ Îàæ·¤ ×ð¢ ãéØð âæßüÁçÙ·¤ «¤‡æ ·¤è ßëçh ÂÚU Âý·¤æàæ ÇUæçÜUØðÐ €Øæ ÖæÚUÌ ¥æ¢ÌçÚU·¤
«¤‡æ-ÁæÜU ·¤è ¥ôÚU ÕɸU ÚUãæU ãñ?

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5. How does the traditional theory of international trade get modified when trade takes
place under conditions of imperfect competition in commodity markets ?
ÁÕ ÃØæÂæÚU ßSÌéÕæÁæÚU ×𢠥Âê‡æü ÂýçÌØôç»Ìæ ·ð¤ ¥ÏèÙ ãôÌæ ãñ Ìô ¥¢ÌÚUæücÅþUèØ ÃØæÂæÚU ·¤æ ÂæÚUÂçÚU·¤ çâhæ¢Ì
ç·¤â ÌÚUã ÂçÚUßçÌüÌ ãô ÁæÌæ ãñ?

OR / ¥Íßæ
What are non-tariff barriers ? How do they restrict trade between countries ?
»ñÚU-àæéËU·¤ ÕæÏæØ𢠀Øæ ãñ? ßð ç·¤â ÌÚUã âð Îðàæô¢ ·ð¤ Õè¿ ×ð¢ ãôÙð ßæÜðU ÃUØæÂæÚU ·¤ô ÕæçÏÌ ·¤ÚUÌð ãñ¢?

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6. Discuss the main problems plaguing the urban cooperative banking sector. What steps
do you suggest for meeting the emerging situation ?
Ù»ÚUèØ âã·¤æçÚUÌæ Õñ¢ç·¢¤»¤ÿæð˜æ ×ð¢ ÃØæ# ×éØ â×SØæ¥ô¢ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð ©ÖÚUÌè çSÍçÌ âð çÙÕÅUÙð ·ð¤
çÜØð ¥æ €Øæ ©ÂæØ âéÛææØð¢»ð?

OR / ¥Íßæ
Describe the recent developments in regard to the functioning of the Unit Trust of
India. What steps have been initiated by the Government of India to improve its
functioning ?
ÖæÚUÌèØ ØêçÙÅU ÅþUSÅU ·¤è ·¤æØü ÃØßSÍæ ·ð¤ â¢Õ¢Ï ×ð¢ ãéØð ÙØð ÂçÚUßÌüÙô¢ ·¤ô ÕÌ槰РÖæÚUÌ âÚU·¤æÚU Ùð §â·ð¤ ·¤æØü
âéÏæÚU ·ð¤ çÜUØð €Øæ ·¤Î× ©ÆUæØð ãñ¢?

D—0104 18
D—0104 19 P.T.O.
D—0104 20
7. Disucss the merits and demerits of privatisation of public sector undertakings in the
context of economic reforms.
âæßüÁçÙ·¤ ÿæð˜æ ·ð¤ ©lô»ô¢ ·ð¤ çÙÁè·¤ÚU‡æ ·ð¤ »é‡æô¢ ÌÍæ ¥ß»é‡æô¢ ·¤è çßßð¿Ùæ ¥æçÍü·¤ âéÏæÚUô¢ ·ð¤ Âý⢻ ×ð¢
·¤èçÁ°Ð

OR / ¥Íßæ
Discuss Sergeant theory of industrial location. Is it applicable in the Indian situation ?
©lô»-SÍæÙè·¤ÚU‡æ ·ð¤ âæÁðü‹ÅU çâhæ¢Ì ·¤è çßßð¿Ùæ ·¤èçÁ°Ð €Øæ Øã ÖæÚUÌèØ çSÍçÌ ×ð¢ Üæ»ê ãôÌæ ãñ?

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8. Explain the difference between stable population and stationary population models.
SÍæØè ÁÙ⢁Øæ ÌÍæ çSÍÚU ÁÙ⢁Øæ ×æÇUÜUô¢ ·ð¤ Õè¿ ¥¢ÌÚU â×Ûææ§ØðÐ

OR / ¥Íßæ
Discuss the Joint Forest Management in microplanning for environment and
eco-preservation.
ÂØæüßÚU‡æ ÌÍæ ÂØæüßÚU‡æ â¢ÚUÿææ ãðÌé âêÿ×-çÙØôÁÙ ·ð¤ Âý⢻ ×ð¢ â¢ØéQ¤ ßÙ ÂýÕ¢ÏÙ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð

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9. Do you think Green Revolution led to regional disparity in agricultural development in
India ? Give reasons in support of your view.
€Øæ ¥æ âô¿Ìð ãñ¢ ç·¤ ÖæÚUÌ ·ð¤ ·ë¤çá çß·¤æâ ×ð¢ ãçÚUÌ R¤æ¢çÌ Ùð ÿæð˜æèØ çßá×Ìæ¥ô¢ ·¤ô ÕɸUæØæ ãñ? ¥ÂÙð çß¿æÚU
·ð¤ âÂôá‡æ ×ð¢ Ì·ü¤ ÎèçÁ°Ð

OR / ¥Íßæ
Highlight the shifts in the strategy of rural development since the Ninth Plan.
»ýæ×è‡æ çß·¤æâ ·¤è ÚU‡æÙèçÌ ×ð¢ Ùßè¢ ØôÁÙæ âð ãéØð ÂçÚUßÌüÙô¢ ÂÚU Âý·¤æàæ ÇUæçÜUØðÐ

D—0104 27 P.T.O.
D—0104 28
D—0104 29 P.T.O.
10. The following are the demand functions of a discriminating monopoly :
X153220.4 P1 and X251820.1 P2
Where X1 and X2 are quantities demanded in markets 1 and 2 and P1 and P2 are the
respective prices. Given the cost function C550140 X where X5X11X2, calculate
the maximum total profit and also price elasticities of demand in the two markets.

çßÖðÎæˆ×·¤ °·¤æçÏ·¤æÚUè ·ð¤ çÜØð çÎØð »Øð ×梻 ȤÜÙ çِÙßÌ ãñ¢ Ñ

X153220.4 P1 ÌÍæ X251820.1 P2


Áãæ¢ X1 ÌÍæ X2 ÕæÁæÚU 1 ÌÍæ ÕæÁæÚU 2 ×ð¢ ×æ¢»è »Øè ×æ˜ææØð¢ ãñ¢ °ß¢ P1 ÌÍæ P2 R¤×àæÑ ·¤è×Ìð¢ ãñ¢Ð ØçÎ ÜUæ»Ì
ßR¤ C550140 X Áãæ¢ X5X11X2 ãñ, çÎØæ »Øæ ãô, Ìô ¥çÏ·¤Ì× ·é¤ÜU ÜUæÖ¤ çÙ·¤æçÜUØðÐ ÌÍæ ÎôÙô¢
ÕæÁæÚUô¢ ×𢠷¤è×Ì-ÜUô¿ô¢ ·¤ô Öè çÙ·¤æçÜUØðÐ

OR / ¥Íßæ
For a linear programming, explain the concepts of feasible solution and basic feasible
solution. Illustrate with a suitable example.
ÚñUç¹·¤ Âýô»ýæ×Ù ·ð¤ Âý⢻ ×ð¢ ÃØßãæØü ãÜU ÌÍæ ¥æÏæçÚU·¤ ãÜU ·¤è ¥ßÏæÚU‡ææ¥ô¢ ·¤ô â×Ûææ§ØðÐ §âð âôÎæãÚU‡æ
ÂýSÌéÌ ·¤èçÁØðÐ

D—0104 30
D—0104 31 P.T.O.
D—0104 32
PART—B
¹‡ÇU—Õ

Note : This part has only one question of 40 marks to be answered in about (800) Eight
hundred words.
§â ¹‡ÇU ×𢠷ð¤ßÜU °·¤ ÂýàÙ 40 ¥¢·¤ ·¤æ ãñ¢, çÁâ·¤æ ©žæÚU ֻܻ (800) ¥æÆU- âõ àæŽÎô¢ ×ð¢ ÎèçÁ°Ð

11. Explain the concept of ‘stationarity’. Discuss the unit root test of stationarity.
‘ ¥¿ÚUÌæ ’ ·¤è ¥ßÏæÚU‡ææ ·¤ô â×Ûææ§ØðÐ ‘ ¥¿ÚUÌæ ’ ·ð¤ §·¤æ§ü-×êÜU-ÂÚUèÿæ‡æ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð
OR / ¥Íßæ
Set up a linear programming problem, state its dual and explain simplex method of
solving it.
°·¤ ÚñUç¹U·¤ Âýô»ýæ×Ù â×SØæ çÜUç¹Øð, ©â·¤æ mñÏ M¤Â ÕÌæ§Øð ÌÍæ ©â·¤æ ãÜU ·¤ÚUÙð ·ð¤ çÜØð ç␌UÜð€â¤çßçÏ
·¤ô â×Ûææ§ØðÐ

OR / ¥Íßæ
Discuss the trends of regional trade blocks. Do you think they are a roadblock to or a
step towards objective of free trade ?
ÿæð˜æèØ ÃØæÂæÚU ŽÜUæ·¤ ·¤è Âýßëçžæ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð €Øæ ¥æ âô¿Ìð ãñ¢ ç·¤ ßð ×éQ¤ ÃØæÂæÚU ·ð¤ ©gðàØ ·ð¤ ×æ»ü
×𢠰·¤ ÕæÏæ ãñ¢ ¥Íßæ °·¤ âôÂæÙ?

OR / ¥Íßæ
Evaluate the role of agricultural price policy and examine the rationale for minimum
support price in the present context of liberalisation.
·ë¤çá ×êËUØ ÙèçÌ ·¤è Öêç×·¤æ ·¤æ ×êËUØ梷¤Ù ·¤èçÁ° ÌÍæ ßñEè·¤ÚU‡æ ·ð¤ ßÌü×æÙ Âý⢻ ×ð¢ çِÙÌ× â×ÍüÙ ×êËUØ
·ð¤ Ì·ü¤ ·¤æ ÂÚUèÿæ‡æ ·¤èçÁ°Ð

OR / ¥Íßæ
Discuss recent trends of poverty in India. Do you think that higher economic growth is
sufficient condition for alleviation of poverty ?
ÖæÚUÌ ×ð¢ ãæÜU ·ð¤ ßáôZ ×𢠻ÚUèÕè ·¤è Âýßëçžæ ·¤è çßßð¿Ùæ ·¤èçÁ°Ð €Øæ ¥æ âô¿Ìð ãñ¢ ç·¤ »ÚUèÕè ·ð¤ çÙßæÚU‡æ ãðÌé
¥æçÍü·¤ â¢ßëçh ÂØæü# àæÌü ãñ?

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D—0104 37 P.T.O.
D—0104 38
Space For Rough Work

D—0104 39 P.T.O.
FOR OFFICE USE ONLY
Marks Obtained

Obtained

Obtained

Obtained

Obtained
Question

Question

Question

Question
Number

Number

Number

Number
Marks

Marks

Marks

Marks
1 26 51 76
2 27 52 77
3 28 53 78
4 29 54 79
5 30 55 80
6 31 56 81
7 32 57 82
8 33 58 83
9 34 59 84
10 35 60 85
11 36 61 86
12 37 62 87
13 38 63 88
14 39 64 89
15 40 65 90
16 41 66 91
17 42 67 92
18 43 68 93
19 44 69 94
20 45 70 95
21 46 71 96
22 47 72 97
23 48 73 98
24 49 74 99
25 50 75 100

Total Marks Obtained (in words) .....................................

(in figures) ....................................

Signature & Name of the Coordinator ...............................

(Evaluation) Date .............................

D—0104 40

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