Topic: Demand for and Supply of Money Question Is Friedman’s quantity theory of money close to Classical or Keynesian approach to the aggregate demand for money? Give justifications for your answer. Next Topic: Alternative Distribution Theories: Ricardo, Kaldor, Kalecki
Topic: Demand for and Supply of Money Question The Monetarists assume the velocity of money to be relatively stable and predictable. Substantiate this assumption with the quantity theory of money and prices. How far do you agree with this assumption? (200 words) Next Topic: Demand for and Supply of Money
Question 1 Give short notes on a)A.K Sen’s Poverty Alleviation Strategy(100 words). b) A.K Sen’s Capability approach(100 words). Also elaborate the relationship between the two(100 words). Question 2 Examine the importance of ‘Cost of Service approach’ in Taxation in India.(200 words)
Question 1 What according to Arrow, are the axioms required for translating individual preference into social preferences? Why is it impossible to construct social preferences satisfying those axioms? (200 words/ CSM-2009) Question 2 “Subjective approach to taxation leads to least aggregate sacrifice principle”. Elucidate. Also give the limitations of this principle.(200 words/ CSM-2009)
Question 1 What are the goals of Public finance and explain their importance in the process of Public policy. Elucidate with examples. (200 words) Question 2 What do you understand by the following terms: (a)Crony Capitalism ( 50 words) (b) Development (50 words) (c) Poverty (50 words) d) Famine and Starvation (50 words) …
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Question 1 Short notes on the important contributions of C.N Vakil.(150 words) Question 2 How does RBI manage the Liquidity in the financial system? Name some of the instruments introduced and measures taken in recent times for regulating Indian financial system.(200 words)
Question 1 Describe the terms Capability poverty and human poverty? Bring out the similarities and differences. What are their various forms in the Indian economy since independence? (250 words) Question 2 Bring out the distinction between Marshallian and Walrasian approaches to Price determination.(250 words)
Question 1 Describe Gini coefficient as a measure of inequality. (200 words) Question 2 What is market failure? Explain its causes. (150 words)
Question 1 What are the merits and demerits of subsidies in Indian context? (200 words) Question 2 Elaborate on the changing role of Finance commission and RBI in the recent times in India. (200 words)
Question 1 Give short notes on a) A.K Sen’s Poverty Alleviation Strategy (100 words). b) A.K Sen’s Capability approach (100 words). Also elaborate the relationship between the two (100 words). Question 2 Examine the importance of ‘Cost of Service approach’ in Taxation in India. (200 words)
Question 1 What do you think constitutes Globalisation? How far have we moved in the process of Globalisation? What are the short run and long run benefits of Globalisation? (200 words) Question 2 What is Capital Account Convertibility? What are the major challenges for India to move towards it? (200 words) Question 3 A) Distinguish Portfolio management …
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ARCHIVES January 24, 2014 NATIONAL & SOCIAL ISSUES POVERTY ESTIMATION & INDICATORS (Continued from yesterday’s post) OBJECTIVES OF POVERTY ESTIMATION To build awareness on poverty and to keep it in the agenda of discourse; To design policies, programs and institution to alleviate poverty To monitor and evaluate these policies, programs and institutions that are associated …
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Question 1. Enumerate the role of deficit financing as a mode either of productive mobilisation of domestic factor endowments or of generating effective demand for domestic goods and services in Indian Economic context since 1970s. (200 words) Question 2. Write an account of the problem of increasing unemployment and under-employment in the Indian Economy. Are the …
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Question 1. Bring out the relationship between price and wage policy. (200 words) Question 2. Describe the fiscal and monetary policies of economics stabilisation. Make a comparative analysis of their effectiveness in developed and developing nations. (200 words)
Question 1. “The distinction between micro and macro economics is getting narrower and narrower day by day. Recent developments in economic theory suggest that there are micro foundations of macro-economics just as there are macro foundations of micro-economics.” Elucidate with adequate and appropriate references to economic analyses. Question 2. What is fiscal deficit? Comment on India’s …
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Question 1. Satisfying the conditions of Pareto- optimality is necessary but not sufficient for maximising social welfare. Comment. (200 words) Question 2. “Supply creates its own demand”. Compare and contrast the traditional versus the modern interpretation of the statement. (200 words)
Question 1 a)State and explain Coase theorem. (150 words) b) What is money multiplier? What are its determinants? (150 words) Question 2 What is liquidity trap? Explain the trap from the standpoint of both Demand for money and supply of money considered separately. Examine the policy implications of existence of trap. (200 words)
1. State the two fundamental theorems of Welfare Economics and comment on their contemporary relevance. (200 words) 2. a) What is Moral Hazard? Discuss with an example. (150 words) b) Explain ‘Free- rider’ problem. Suggest possible solutions. (150 words)
I. Answer all the following questions in about 400 words each: 2 x 20 = 40 1) Critically evaluate the process of economic planning in India. 2) “The major objectives of planning in India are not only broad but open-ended.” Elaborate. II. Answer all the following questions in about 200 words each: 6 x 10 …
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FROM INSIGHTS MAGAZINE TEAM ARCHIVES January 08, 2013 NATIONAL & SOCIAL ISSUES Year End Review of Ministry of Women and Child Development CHILD WELFARE: LEGISLATIVE AND PROGRAMMATIC MEASURES A. Legislative Measures: 1. Protection of Children from Sexual Offences Act, 2012: Model Guidelines under the POSCO Act, 2012 were issued by the Ministry on 18th September, 2013 under Section …
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