CLASS: SKILL BASED ELECTIVE II 12N /285 St. JOSEPH’S COLLEGE (AUTONOMOUS) TIRUCHIRAPPALLI – 620 002 SEMESTER EXAMINATIONS – NOVEMBER 2012 TIME: 3 Hrs. MAXIMUM MARKS: 100 SEM SET PAPER CODE TITLE OF THE PAPER V 2010 08UEC540609 GENERAL ECONOMIC REVIEW SECTION – A Answer all the questions: 20 x 1 = 20 Choose the correct answer: 1. 2. 3. 4. Demography is a study of _________. a) Population c) Agriculture b) d) Medicine Science HDI does not include _________. a) Income c) Entertainment b) d) Employment Housing Who is the chairman of planning commission? a) Prime minister c) Minister of industry b) d) Finance minister RBI governor NABARD provides loan for _________. a) Industry c) Agriculture b) d) Service sector None of these 5. The following country is not a member in G8 _________. a) USA b) England c) Japan d) India State True or False: 6. First five year plan started in the year 1951. 7. Planning commission of India is a constitutional body. 8. Monetary policy is a weapon used by RBI. 9. Communication comes under secondary sector. 10. In India agriculture is a gamble of nature. Fill in the blanks: 11. SEBI stands for _________. 12. HDI stands for _________. 13. CRR stands for _________. 14. IMF stands for _________. 15. MNC stands for _________. Answer in one or two sentences: 16. What is meant by primary sector? 17. Who was associated with the five year plans in India? 18. What is inflation? 19. What the MRTP Act aims at? 20. What is a budget? SECTION – B Answer all the questions: 21. a. 5 x 4= 20 What is National income? Explain. OR 22. b. What are human development indices? a. Describe unemployment and under employment. OR 23. b. Bring out the problems faced by Indian agriculturist. a. What are the problems faced by SSIS? OR 24. b. What is globalization? Explain. a. What are the monetary tools used by RBI? OR 25. b. What are Sensex and Nifty? Explain. a. Why Indian import payment is more than its export earnings? OR b. Bring out the causes for inflation today in India. SECTION – C Answer any FOUR questions: 26. Discuss the features of Indian Economy. 27. Explain the significance of primary sector. 4 x 15 = 60 28. Discuss the advantages and disadvantages of MNCs. 29. Explain how RBI regulates the money supply in the economy. 30. Discuss the need for Industrial growth. **************