UNITWISE IMPORTANT QUESTIONS.

UNIT – 1 – NATIONAL INCOME.

TEN MARKS QUESTIONS.

1. Define National Income? Explain the methods of estimation of National Income.
2. What is National Income? Explain the concepts of National Income.

SIX MARKS QUESTIONS.

1. Difficulties in the calculation of National Income.
2. Importance of estimation of National Income.

UNIT – 2 – THEORIES OF EMPLOYMENT.

TEN MARKS QUESTIONS.

1. Critically explain the Say’s Law of Markets?
2. Explain the Keynesian theory of employment?
3. What is Trade Cycle? explain the features and Phases of Business Cycle.
4. Explain the causes and measures of Business Cycle.

SIX MARKS QUESTIONS.

1. Control of Business Cycle.

UNIT – 3 – ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT.

TEN MARKS QUESTIONS.

1. What is Economic Development? Explain the determinants of economic developments.
2. Explain the Big Push theory of Rosenstein Rodan?
3. Explain the vicious circle of poverty with its determinants.

SIX MARKS QUESTIONS.

1. Economic growth V/S Economic development.
2. Critical minimum Effort Thesis.
3. Balance growth and unbalance growth.

UNIT -4 -PUBLIC FINANCE.

TEN MARKS QUESTIONS.

1. What is Public revenue? Explain the sources of Public revenue.
2. Explain the different heads of expenditure?
3. Explain the causes of increasing Public Expenditure?

SIX MARKS QUESTIONS.

1. Characteristics of a Good Tax System.
2. Debt Repayment.
3. Types of debt.
4. Direct and Indirect tax

UNIT – 5 – BUDGET.

TEN MARKS QUESTIONS.

1. What is Budget? Explain the Components of Budget.
2. Explain the types of Deficit Budgets?
3. What is Deficit Financing? Explain its importance.

SIX MARKS QUESTIONS.

1. Balanced Budget V/S Unbalance Budget.
2. Defects of Deficit Financing.