Second Semester 5 Year B.A. LL.B. (Maj-Min) Examination,
June/July 2015 ECONOMICS II (Major and Minor II) Money, Banking and International Trade
Duration : 3 Hours Max. Marks : 100
Instructions : 1. Answer Q. No. 9 and any 5 of the remaining questions.
2. Question No. 9 carries 20 marks and the remaining questions carry 16 marks each. 3. Answer should be written either in English or Kannada completely.
Q. No. 1. Critically examine the cash transaction approach to the quantity
theory of money. Marks : 16 ÖÜ|¨Ü ±ÜÄÊÜÞOÝñܾPÜ Ô¨ÝíñÜQRÃÜáÊÜ ®ÜWܨÜá ÊÜÂÊÜÖÝÃÜ ¨ÜêÑrPæãà®ÜÊÜ®Üá° ËÊÜáÍÝìñܾPÜÊÝX ±ÜÄàQÒÔ. Q. No. 2. What is money ? Explain the various functions of money. Marks : 16 ÖÜ| Gí¨ÜÃàæ ®Üá ? ÖÜ|¨Ü ËË«Ü PÝ¿áìWÜÙ®Ü áÜ ° ËÊÜÄÔ. Q. No. 3. Explain the various types of inflation. What are the causes and effects of inflation ? Marks : 16 ÖÜ|¨ÜáºÃÜ¨Ü Ë«ÜWÜÙÜ®Üá° ËÊÜÄÔ. ÖÜ|¨ÜáºÃÜ¨Ü PÝÃÜ|WÜÙÜá ÊÜáñÜᤠ±ÜÄOÝÊÜáWÜÙÝÊÜâÊÜâ ? Q. No. 4. Define Bank. Explain the various functions of a Commercial Bank. Marks : 16 ¸ÝÂíPÜ®áÜ ° ÊÝÂTݯÔ. ÊÝ~g ¸ÝÂíQ®Ü ËË«Ü PÝ¿áìWÜÙ®Ü áÜ ° ËÊÜÄÔ. Q. No. 5. Explain the various methods of credit control policy of the Central Bank. Marks : 16 Pæàí¨ÜÅ ¸ÝÂíQ®Ü ±ÜñáÜ ¤ ¯¿áíñÜÅ|¨Ü ËË«Ü PÜÅÊáÜ WÜÙ®Ü áÜ ° ËÊÜÄÔ. Q. No. 6. Critically explain Heckscher-Ohlin theory of International Trade. Marks : 16 AíñÜÃÃÜ ÝÑóà¿á ÊݱÝÃÜ¨Ü ÖæP ÍÜcà &KÈ® Ô¨ÝíñÜ樆 áÜ ° ËÊÜáÍÝìñÜP¾ Ê Ü ÝX ËÊÜÄÔ. P.T.O. 2018 *2018* Q. No. 7. What do you mean by Terms of Trade ? Explain the different concepts of terms of trade. Marks : 16 ÊݱÝÃÜ¨Ü PÜÃÝÃÜáWÜÙÜá Gí¨ÜÃæà®Üá ? ÊݱÝÃÜ¨Ü PÜÃÝÃÜáWÜÙÜ ËË«Ü ±ÜÄPÜƳ®æWÜÙÜ®Üá° ËÊÜÄÔ. Q. No. 8. Write short notes on any two of the following : Marks : (8×2=16) PæÙXÜ ®ÜÊâÜ WÜÙÈ Ü É ¿ÞÊÜâ¨Ý¨ÜÃã Ü GÃÜvPÜ Ræ ÆZá q±Ü~ ³ ÃæÀáÄ : a) Index Number ÓÜãaÜÂíPÜWÜÙÜá b) Money market ÖÜ|¨Ü ±æàpæ c) Quotas PæãàpÝWÜÙÜá Q. No. 9. Write short notes on any two of the following : Marks : (10×2=20) PæÙXÜ ®ÜÊâÜ WÜÙÈ Ü É ¿ÞÊÜâ¨Ý¨ÜÃã Ü GÃÜvPÜ Ræ ÆZá q±Ü~ ³ ÃæÀáÄ : a) GATT WÝÂp b) Objectives and functions of WTO ËÍÜÌ ÊݱÝÃÜ ÓÜíZo®æ¿á E¨æªàÍÜWÜÙÜá ÊÜáñÜᤠPÝ¿áìWÜÙÜá c) Functions of a Central Bank. Pæàí¨ÜÅ ¸ÝÂíQ®Ü PÝ¿áìWÜÙÜá. ________________
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