N MK-2674 B. Com. (Sem. III) Examination October / November - 2015 Macro. Economics Time : Hours] [Total Marks : 50 Aaa: Ta salea @ Ruled Rad Gueadl oa mane aod, Filup strictly the detalts of @~ signs on your snswer book. Nome ofthe Examination. '*[B_COM. (SEM. 3) Name ofthe Subject: [MACRO ECONOMICS eject codoro[2 JL ][ 7 Ja] seston ne 2-9 [iT AA made Soi ward aU: qo (1) wasaridell araat asl srarcl sedan wend, (2) uel adadiga eure aud. (3) HAPMPra goudk Aza a? (ye), quaGeirwid arf voudl dat 8qz ave sal. (a) 2 Re mA Rael WW Red wel aren, COEEEGI ‘Students Signature * 2 DW. Bard usin wRawrd Reid Alsiets La wierd, a3 mad > (ar) WL. Mod Ves yriad arfleael arend, (oi) swetid Hera vend. £ 3 (em) Agere Mla aiarsiesat auiell. (ot) HBR Gist Yeas UUme aad wend, € saat 3 grail Re mad Radar wad. a3 ye asl ae: (A a A) Ww (a) atiarangla uetioida (2) yas ate whtoractt (3) etic ait aie ouyis ae (ws) gauattt RRA vs. MK-2674] 1 [Contd...ENGLISH VERSION Instruction : As per the instruction of page no. 1. 1 Answer the following questions im brief : 10 (1) State tests determining liquidity of assets. (2) Give unanimous definition of money. @) What is stagflation ? (4) Explain the meaning of credit control and its objectives. (6) Explain meaning of repo rate_and reverse repo rate. 2 \ Explain critically the quantity theory of money by 18 Prof. Fisher. OR 2 (@) Explain the cash balance equation given by 7 Prof. Pigue. (>) Discuss the importance of’ money. 6 3 (@) Check the effectiveness of bank rate policy. © (») Explain instruments of qualitative credit control 6 of the central bank. OR 3 Explain various effects of inflation in detail. 18 4 Write short notes : (any two) 14 (2) International Monetary Fund (2) Indexation as a remedy against inflation. (8) Modern opinion pertaining the demand for money @ Various types of inflation. MK-2674] 2 {22000 ]