MA (Eco.) Third Semester Examination (Year 2014) History of Economic Thought Subject Code: MAE-301 Paper Code: JPJ-271

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1 Time : 20 Minutes M.Marks : 10 MA (Eco.) Third Semester Examination (Year 2014) History of Economic Thought Subject Code: MAE-301 Paper Code: JPJ-271 Section A [k.m&^v^ Objective Type Questions olrqfu"b Á u Attempt All Questions. Each question carry 1/2 mark. Use the symbol ( ) in the box for marking the correct answer. lhkh iz u vfuok;z gsaa izr;sd iz u gsrq 1@2 vad fu/kkzfjr gsaa lgh mrrj gsrq fn;s x;s ckdl esa ( ) fpug dk iz;ksx djsaa Q. No. I. Choose the correct answerlgh mùkj pqfu,& 1. Main reason of the decline of Mercantilism wasof.kdokn ds iru dk Áeq[k dkj.k FkkA a) Importance of gold and silver lksus pk nh dk egroa b) Foreign Trade fons kh O;kikjA c) Importance of agriculture f"k dk egroa d) Unsatisfactory position of agriculture f"k dh n kk dk larks"k tud u gksuka 2. Who was the main thinker of physiocrats from the following? fueu fo}kuksa esa ls Á frokn dk Áeq[k fopkjd dksu Fkk\ a) Marshall b) Pigou ek kzy ihxw c) Malthus d) Quesnay ekyfkl dsus 3. What argument given by Smith for free economy? flefk us eqdr vfkzo;olfkk ds i{k esa D;k rdz fn;k gs\ a) International Division of Labour Je dk vurjkz"vªh; fohkktu b) Optimism vk kkokn c) Money eqnzk d) Increase in capital iw th esa o`f) Roll No. Enrollment No Invigilator s Signature 1

2 4. An essay on the Principle of Population was written by- ^^tula[;k fl)kur^^ ij fucu/k fdlds }kjk fy[kk x;k Fkk& a) Ricardo b) Malthus fjdkmksz ekyfkl c) Mill d) Adam Smith fey,me flefk 5. Which statement is true according to Sismondi? fllekw.mh ds vuqlkj dksu lk dfku lr; gs\ a) Invention of machines increases production and employment e khuksa ds vkfo"dkj ls mriknu o jkstxkj esa o`f) gksrh gsa b) Invention of machines increases unemployment e khuksa dk vkfo"dkj csjkstxkjh dks c<+krk gsa c) Wages increase by the use of machine e khuksa ds Á;ksx ls etnwjh c<+rh gsa d) Invention of machines eliminate the class conflict from the society. Ek khuksa dk vkfo"dkj lekt esa oxz la?k"kz dh lekfir djrk gsa 6. According to which St. Simon is known as socialist? fdl ckr ds vk/kkj ij ls.v lkbeu dks lektoknh dgk tkrk gs\ a) Concept of competition b) Increase in production Áfr;ksfxrk dh /kkj.kk mriknu esa o`f) c) Upliftment of Dalits d) Optimism nfyr oxz dk mrfkku vk kkokn 7. List advised the protection of which industries? fylv us fdu m ksxksa dks laj{k.k nsus dh ckr dgh gs\ a) Developed b) Under developed fodflr v)zfodflr c) Less developed d) Childhood de fodflr f k kqùkj a 8. Mill s economic theories can be divided into how many categories? fey ds vkffkzd fl)kurksa dks fdrus oxksz esa ck Vk tk ldrk gs\ a) Four b) Five pkj ik p c) Three d) Six rhu N% 9. Theory of Surplus Value was presented by- ^^vfrfjdr ewy;^^ dk fl)kur ÁLrqr fd;k& a) Karl Marx b) Adam Smith dkyz ekdlz,me flefk c) Ricardo d) Marshall fjdkmksz ek kzy 2

3 10. According to Marx profit depends onekdlz ds vuqlkj ykhk fuhkzj djrk gs& a) Rate of Exploitation b) Quantity of Innovation 'kks"k.k dh nj ij uo ÁorZu dh ek=k ij c) Quantity of Risk d) All of these tksf[ke dh ek=k ij mijksdr lhkh 11. Which of the following is the name of an Economist of Historical School? fueufyf[kr ukeksa esa ls bfrgkloknh leánk ds vfkz kkl=h dk uke crkbz;s\ a) Knies b) Reymond uht jse.m c) Kerrey d) Hamilton dsjs gsfeyvu 12. Quantity Theory of Money is the contribution of which Economist? eqnzk dk ijh{k.k fl)kur fdl vfkz kkl=h dh nsu gs\ a) Jevans b) Fisher tsoul fq kj c) Valrus d) J.S. Mill okykjl ts-,l- fey 13. The concept of constant law of production was given by which economist? mriknu lerk fu;e dk fopkj fdl vfkz kkl=h us fn;k gs\ a) Ricardo b) Malthus fjdkmksz ekyfkl c) Marshall d) Mill ek kzy fey 14. Which Theory of Profit was given by J.B. Clark? ts-ch- DykdZ us ykhk ds fdl fl)kur dks fn;k gs\ a) Dynamic Theory b) Demand Supply Theory ÁkS ksfxd fl)kur ek x iwfrz dk fl)kur c) Risk Theory of profit d) Innovation Theory of Profit ykhk dk tksf[ke dk fl)kur ykhk dk uoáorzu dk fl)kur 15. Gandhiji told the relationship of economics from which? Xk k/khth us vfkz kkl= dk laca/k fdlls crk;k gs\ a) Materialism b) Mortality HkkSfrdokn usfrdrk c) Nationalism d) Money jk"vªh;rk eqnzk 16. Welfare is a psychological condition. Whose statement is this? ^^dyy;k.k,d euksoskkfud n kk gs^^a ;g dfku fdl vfkz kkl=h dk gs\ a) J.R.Hicks b) Kaldore ts-vkj- fgdl dkymksj c) Pigou d) Benham ihxw csuge 3

4 17. The concept of Golden Age was produced by- ^^Lo.kZ;qx^^ dk fopkj ÁLrqr fd;k Fkk& a) Harrod b) Domar gsjsm Mksej c) Smt. John Robinson d) Schumpeter Jherh tkwu jkwfculu 'kqeihvj 18. What was the argument of Kautilya regarding population? ^^dksfvy;^^ dk tula[;k ds ckjs esa D;k rdz Fkk\ a) Controlled population b) Excess of population fu;af=r tula[;k tula[;k dh vf/kdrk c) Optimum population d) Family Planning vuqdwyre tula[;k ifjokj fu;kstu 19. What is the statement of Gandhiji regarding Wants? xk /khth dk ^^vko ;drkvksa^^ ds ckjs esa D;k dfku gs\ a) Fully eliminate the wants vko ;drkvksa dks iw.kzr;k lekir djsaa b) Creation of wants less society ^vko ;drk^ foghu lekt dh jpuk c) Reduce the wants vko ;drkvksa dks de ls de djuk d) Increase the resources with wants vko ;drkvksa ds lkfk lk/kuksa dks c<+uk 20. Which American Economist used the mathematics and statistics in his thoughts? fdl vesfjdu vfkz kkl=h us vius fopkjksa esa xf.kr rfkk la[;dh dk Á;ksx fd;k gs\ a) Mitchell b) Fredrick List fepsy ÝsMfjd fylv c) Roger Commons d) None of these jkstj dkweul mijksdr esa ls dksbz ugha

5 MA (Eco.) Third Semester Examination (Year 2014) History of Economic Thought Subject Code: MAE-301 Paper Code: JPJ-271 Roll No. Time : 2:40 hours M.Marks : 60 Section B [k.m&^c^ (Short Answer Type Questions) (y?kqmrrjh; iz u) Attempt all questions (each question carries 4 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 4 vad fu/kkzfjr gsa) Q.No. 2. Q.No.3. Q.No.4. Q.No.5. Q.No.6. Write the importance of Foreign Trade in Mercantilism. of.kdokn esa fons kh O;kikj dk egro crkbz;sa Explain Physiocrates in short. Á frokn dks la{ksi esa le>kbz;sa Explain briefly the main ideas of St. Simon. ls av lkbeu ds eq[; fopkjksa dks la{ksi esa le>kbz;sa Was Sismondi a Socialist? Explain in brief. D;k fllekw.mh lektoknh Fkk\ la{ksi esa le>kbz;sa Explain any four characteristics of Mathematical School. Xkf.krh; leánk; dh fdugha pkj fo ks"krkvksa dks le>kbz;sa Mention the contribution of Historical School to economic thought. bfrgklokn dk vkffkzd fopkjksa esa ;ksxnku crkbz;sa Briefly explain the economic ideas of J.B. Clark. ts-ch- DykdZ ds vkffkzd fopkjksa dks la{ksi esa le>kbz;sa Discuss Mitchell s Theory of Business Cycle. fepsy ds O;kikj pø ds fl)kur dh foospuk dhft;sa Explain briefly the thoughts of Mrs. Joan Robinson. Jhefr tkwu jkwfculu ds fopkjksa dks la{ksi esa le>kbz;sa Explain the economic ideas of Kautilya. dksfvy; ds vkffkzd fopkjksa dks le>kbz;sa 1

6 Section C [k.m&^l^ (Long answer type questions) (nh/kz mrrjh; iz u) Attempt all questions (each question carries 8 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 8 vad fu/kkzfjr gsa½ Q.No.7. Q.No.8. Q.No.9. Q.No.10. Q.No.11. Explain Recardian Theory of distribution and International Trade. fjdkmksz ds forj.k rfkk vurzjk"vªh; O;kikj ds fl)kur dks le>kbz;sa Explain critically the Malthusian Theory of Population. ekyfkl ds tula[;k ds fl)kur dh vkykspukred O;k[;k dhft;sa Explain Mill s socialist ideas. fey ds lektoknh fopkjksa dks le>kbz;sa Explain the economic ideas of Fredrick List on Nationalist and Protective trade. jk"vªh;rk,oa lajf{kr O;kikj ij ÝsMfjd fylv ds vkffkzd fopkjksa dks le>kbz;sa Critically evaluate the growth model of Karl Marx. dkyzekdlz ds fodkl ekwmy dh vkykspukred leh{kk dhft;sa Explain the Theory of Value from the Austrian School. vkwflvª;u leánk; ds ewy; fl)kur dks le>kbz;sa Evaluate the contribution of Marshall in economic thoughts. vkffkzd fopkjksa esa ek kzy ds ;ksxnku dh leh{kk dhft;sa Describe the economic ideas of Fisher. fq kj ds vkffkzd fopkjksa dk o.kzu dhft;sa Examine the contribution of Mahatma Gandhi to economic thought. egkrek xk /kh ds vkffkzd fopkjksa ds ;ksxnku dk ijh{k.k dhft;sa Explain the thought of Prof. Pigou regarding Welfare. dy;k.k ds lecu/k esa ihxw ds fopkjksa dks le>kbz;sa

7 Time : 20 Minutes M.Marks : 10 MA (Eco.) Third Semester Examination (Year 2014) India s Foreign Trade & International Institutions Subject Code: MAE-302 Paper Code: JPJ-272 Section A [k.m&^v^ Objective Type Questions olrqfu"b Á u Attempt All Questions. Each question carry 1/2 mark. Use the symbol ( ) in the box for marking the correct answer. lhkh iz u vfuok;z gsaa izr;sd iz u gsrq 1@2 vad fu/kkzfjr gsaa lgh mrrj gsrq fn;s x;s ckdl esa ( ) fpug dk iz;ksx djsaa Q. No. I. Choose the correct answerlgh mùkj pqfu,& 1. There is a separate theory for International Trade because ofvurjkz"vªh; O;kikj gsrq ÁFkd fl)kur blfy;s gs D;ksafd& a) Lack of mobility of factors lk/kuksa dh xfr khyrk dk vhkko b) Separation of markets cktkjksa dh ÁFkdrk c) Different National Policies fhkuu&fhkuu jk"vªh; uhfr;k d) All of these mijksdr lhkh 2. Modern Theory of International Trade is explained byvurjkz"vªh; O;kikj dh vk/kqfud fl)kur dh O;k[;k fueu us dh& a) Prof. Harrod b) Prof. Hultman Áks- gsjksm Áks- gyvesu c) Prof. Heckscher Ohlin d) Prof. Ellsworth Áks- gsd kj vksgfyu Áks-,YloFkZ 3. International Trade takes place only between two countries. vurjkz"vªh; O;kikj dsoy nks ns kksa ds chp gksrk gas a) True b) False lr; vlr; 4. The Balance of Payments Accounts is made on the principle of (Fill in the blank) Hkqxrku 'ks"k ys[kk ds fl)kur ij cuk;k tkrk gsa ¼fjDr LFkku Hkfj;sA½ Roll No. Enrollment No Invigilator s Signature 1

8 5. The Balance of Payments is merely a way of listing receipts and payments in international transactions of a country. Whose statement is this? ^^Hkqxrku 'ks"k,d ns k ds vurjkz"vªh; ysu&nsuksa esa ÁkfIr;ksa vksj Hkqxrkuksa dks ntz djus dk rjhdk ek= gsa^^ ;g dfku fdldk gs\ a) K.P. Kidlberger b) Bo Sodersten ds-ih- fdmycxzj cks lksmlvzu c) Marshall d) Clarke ek kzy DykdZ 6. The elasticity approach of adjustment of Balance of Payments is related to- Hkqxrku 'ks"k dk lek;kstu djus dh yksp fof/k fueu ls lacaf/kr gs& a) Ricardo b) Haberler fjdkmksz gscjyj c) J.S.Mill d) Marshall Lerner ts-,l- fey ek kzy&yuzj 7. Invisible trade is not a part of Balance of Payment. vn` ; O;kikj Hkqxrku larqyu dk fgllk ugha gsa a) True b) False lr; vlr; 8. has taken the Keynesian approach and analyzed the effect of devaluation on income us dsunzh; fopkj/kkjk dks ysdj voewy;u ds vk; ij ÁHkko dk fo ys"k.k fd;k gsa 9. Balance of Payment is always- Hkqxrku larqyu lnso& a) At par b) Below par larqfyr jgrk gsa vlarqfyr jgrk gsa c) Above par d) None of these /kukred larqfyr jgrk gsa mijksdr esa ls dksbz ugha 10. A direct method of Exchange Control is - fueu fofue; fu;a=.k dh ÁR;{k fof/k gs& a) Quantitative restrictions b) Expert Bounties ek=kred ÁfrcU/k fu;kzr vf/knku c) Increase in interest rates d) Intervention C;kt njksa esa o`f) glr{ksi 11. Indian currency is based on International Gold Standard. Hkkjrh; eqnzk vurjkz"vªh; Lo.kZeku ij vk/kkfjr gsa a) True b) False lr; vlr; 12. Exchange rates are determined by the market forces fofue; njksa dks cktkj dh 'kfdr;k fu/kkzfjr djrh gsaa 2

9 13. Safety is more important than wealth. Whose statement is this? ^/ku ls lqj{kk T;knk egroiw.kz gsa^ ;g dfku fdldk gs\ a) Adam Smith b) Henry Kere,Me flefk gsujh dsjs c) Hamilton d) Hitler gsfeyvu fgvyj 14. An important method of controlling International Trade and Payment is Exchange Control. vurjkz"vªh; O;kikj,oa Hkqxrku dks fu;fu=r djus dk,d egroiw.kz rjhdk fofue; fu;a=.k gsa a) True b) False lr; vlr; 15. Foreign Exchange is the problem of external liquidity. fons kh eqnzk ckgjh rjyrk dh lel;k gsa a) True b) False lr; vlr; 16. Lowering the external value of a country s currency is known as fdlh ns k dh eqnzk ds cká ewy; dks de djuk dgykrk gsa 17. When did World Trade Organization start its legal working? fo'o O;kikj laxbu us fof/kor dk;z dc 'kq# fd;k\ a) 1 st January, 1993 b) 1 st January, tuojh] tuojh] 1994 c) 1 st January, 1995 d) 1 st January, tuojh] tuojh] From which year is the European Community known as the European Union? fdl o"kz ls ;wjksih; leqnk; dks ;wjksih; la?k ds uke ls tkuk tkrk gsa a) 1994 b) 1995 c) 1996 d) India is a permanent member of International Monetary Fund. Hkkjr vurjkz"vªh; eqnzk dks"k dk LFkk;h lnl; gsa a) True b) False lr; vlr; 20. The International Monetary Fund was established on dks vurjkz"vªh; eqnzk dks"k dh LFkkiuk gqbza

10 MA (Eco.) Third Semester Examination (Year 2014) India s Foreign Trade & International Institutions Subject Code: MAE-302 Paper Code: JPJ-272 Roll No. Time : 2:40 hours M.Marks : 60 Section B [k.m&^c^ (Short Answer Type Questions) (y?kqmrrjh; iz u) Attempt all questions (each question carries 4 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 4 vad fu/kkzfjr gsa) Q.No. 2. Q.No.3. Q.No.4. Q.No.5. Q.No.6. Explain the advantages of International Trade. vurjkz"vªh; O;kikj ds ykhk crkbz;sa The Balance of Payment is always balanced. Comment. ^Hkqxrku larqyu lnso larqfyr jgrk gsa^ foospuk dhft;sa Discuss the concept of Foreign Trade Multiplier. fons'kh O;kikj xq.kkad dh /kkj.kk dh foospuk dhft;sa What is Mint Par Rate?,d lerk nj D;k gs\ Explain the importance of Balance of Payment. Hkqxrku 'ks"k dk egro le>kbz;sa State the merits and demerits of Fixed and Flexible Exchange Rate. flfkj,oa ifjorzu khy fofue; nj ds xq.k&nks"k crkbz;sa What do you understand by Exchange Control? fofue; fu;a=.k ls vki D;k le>rs gsa\ State the merits of Free Trade. Lora= O;kikj ds xq.k crkbz;sa State the problems of India s Export Sector. Hkkjr ds fu;kzr {ks= dh lel;kvksa dks crkbz;sa Write a short note on Foreign Trade and India s Balance of Payment. ^fons kh O;kikj vksj Hkkjr ds Hkqxrku larqyu ij,d fvii.kh fyf[k;sa 1

11 Section C [k.m&^l^ (Long answer type questions) (nh/kz mrrjh; iz u) Attempt all questions (each question carries 8 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 8 vad fu/kkzfjr gsa½ Q.No.7. Q.No.8. Q.No.9. Q.No.10. Q.No.11. Discuss the role of Foreign Trade in economic development. vkffkzd fodkl esa fons kh O;kikj dh Hkwfedk dh O;k[;k dhft;sa Describe the factors causing disequilibrium in the Balance of Payment. Hkqxrku larqyu esa vlekukrk ykus okys rroksa dks le>kbz;sa Discuss the factors that determine the size of Foreign Trade Multiplier. fons'kh O;kikj xq.kkad ds vkdkj dks fu/kkzfjr djus okys rroksa dh O;k[;k dhft;sa Explain the effects of Flexible Exchange Rate. yphyk fofue; nj ds ÁHkkoksa dh O;k[;k dhft;sa Discuss the Purchasing Power Parity Theory. Ø; 'kfdr lerk fl)kur dh O;k[;k dhft;sa Discuss the Balance of Payment Theory. Hkqxrku 'ks"k ds fl)kur dh O;k[;k dhft;sa Describe the methods that are adopted for Exchange Control. fofue; fu;a=.k gsrq viuk;h tkus okyh fof/k;ksa dk o.kzu dhft;sa Critically examine the main arguments given for the policy of Trade Protection. Lkaj{k.k O;kikj uhfr ds lefkzu esa fn;s x;s eq[; rdksz a dk vkykspukred ijh{k.k dhft;sa Write an essay on the achievements of World Bank. fo'o csad dh miyfc/k;ksa ij,d fuca/k fyf[k;sa Write a note on International Monetary Fund and India. vurjkz"vªh; eqnzk dks"k,oa Hkkjr ij,d ys[k fyf[k;sa

12 MA (Eco.) Third Semester Examination (Year 2014) Labour Economics Subject Code: MAE-303 Paper Code: JPJ-273 Roll No. Enrollment No Time : 20 Minutes M.Marks : 10 Section A [k.m&^v^ Objective Type Questions olrqfu"b Á u Invigilator s Signature Attempt All Questions. Each question carry 1/2 mark. Use the symbol ( ) in the box for marking the correct answer. lhkh iz u vfuok;z gsaa izr;sd iz u gsrq 1@2 vad fu/kkzfjr gsaa lgh mrrj gsrq fn;s x;s ckdl esa ( ) fpug dk iz;ksx djsaa Q. No. I. Choose the correct answerlgh mùkj pqfu,& 1. Labour connote all human effort of body or mind which are undertaken in the expectation of some reward. Whose statement is this? ^^Je ls ekuo ds mu lhkh 'kkjhfjd ;k ekufld Á;klksa dk cks/k gksrk gs tks fdlh Qy dh vk kk ls ugha fd;s tkrs gsaa^^ fdldk dfku gs\ a) Marshall b) Thomas ek'kzy Fkksel c) J.B.Say d) Mrs.John Robinson ts-ch- ls Jhefr tkwu jkfculu 2. Unskilled labour is that labour which does not require skill, training or technical knowledge in such labour, priority is given tovdq'ky Je og Je gs] ftles fdlh gquj] Áf k{k.k rduh dh Kku] f'k{kk dh vko ;Drk ugha gksrha,sls Je esa fdldh Á/kkurk gksrh gs\ a) Manual labour b) Mental labour 'kkjhfjd Je ekufld Je c) Both (a) and (b) d) None of these nksuks (a) rfkk (b) mijksdr esa ls dksbz ugha 3. Which of the following is not a type of occupation? O;olk; ds vk/kkj ij fueu esa ls ;g Ádkj ugha gs\ a) Agricultural labour b) Urban labour f"k Je 'kgjh Je c) Construction labour d) Service labour fuekz.k Je lsok Je 1

13 4. Between which two, in labour market is there a permanent relation? Je cktkj esa fdlds chp LFkk;h lecu/k gksrk gs\ a) Between industry & production m ksx,oa mriknu ds chp b) Between consumer & producer Øsrk,oa mriknd ds chp esa c) Between buyers and sellers Øsrk,oa foøsrk ds chp d) All of these mijksdr lhkh 5. In labour, mobility is- Je esa xfr khyrk gksrh gs& a) Excessive mobility b) Less mobility vr;f/kd xfr khyrk de xfr khyrk c) More mobility d) All of these vf/kd xfr khyrk mijksdr lhkh 6. Out of total population, which age group is taken into consideration for participation in labour force? Tkula[;k esa Je kfdr dh lghkkfxrk dh nj esa fdl vk;q oxz esa vkus okys O;fDr;ksa dk vuqikr gksrk gs\ a) 16 to 60 b) 14 to ls ls 60 c) 60 to 85 d) 16 to ls ls When the technology is of high standards, participation of labour force is- ÁkS ksfxdh ds mpp Lrj gksus ij Je 'kfdr dh lghkkfxrk nj gksrh gsa a) More b) Less vf/kd de c) Medium d) All of these e/;e mijksdr lhkh 8. Which factors are included in investment in human capital? ekuoh; iw th ds fuos k esa dksu ls igyqvksa dks 'kkfey fd;k tkrk gs\ a) Social return on education f k{kk ij lkekftd ÁkfIr b) Occupational training O;olkf;d Áf k{k.k c) Extend economic analysis to the components of human resource fodkl ds la?kvdksa dk folrkj ls fo ys"k.k d) All of these mijksdr lhkh 2

14 9. Demand of Labour is Je dh ek x gksrh gs& a) Relative b) Absolute lkis{k ijks{k c) Inverse d) Positive foijhr /kukred 10. Which of these is the formula of unemployment rate? buesa ls dksu lk csjkstxkjh dh nj dk QkeZwyk gs\ a) Unemployment rate = No. of unemployed Labour force csjkstxkjh dh nj = csjkstxkjksa dh la[;k Je 'kfdr b) Unemployment rate = No. of employed Labour force csjkstxkjh dh nj = jkstxkjks dh la[;k Je 'kfdr c) Unemployment rate = No. of Labour force No. of umemployed csjkstxkjh dh nj = Je 'kfdr dh la[;k csjkstxkjks dh la[;k d) None of these mijksdr esa ls dksbz ugha 11. Minimum Wages Act was passed in- U;wure etnwjh dk vf/kfu;e ikl gqvk& a) 1950 b) 1960 c) 1984 d) Any work which is based on knowledge and reason, is calleddksbz Hkh dk;z tks rdz,oa o`f) ij vk/kkfjr gs mls dgrs gsa& a) Rationalization b) Simplification foosdhdj.k ljyhdj.k c) Modernization d) Standardization vk/kqfudhdj.k ÁHkkohdj.k 13. If any labour is paid per hour and per day, then he is called- ;fn fdlh Jfed dks Áfr?k.Vs Áfriknu ds fglkc ls Hkqxrku fd;k tkrk gs rks mls dgrs gsa& a) Free labour b) Temporary labour Lora= etnwj vlfkk;h Je c) Bonded labour d) Wages earner ca/kqvk etnwj etnwjh ikus okyk 3

15 14. Who was the propounder of The Wage Fund Theory? Ektnwjh dks"k fl)kur dk Áfriknd dksu Fkk\ a) Adam Smith b) Kalecki,Me flefk dsydh c) S.E.Thomas d) Toussing,l-bZ- Fkksel Vkmflax 15. Wages are the remuneration of labour. Whose statement is this? ^^etnwjh Je dk ikfjjfed gsa^^ fdldk dfku gs\ a) Seligman b) Alan Gilpin lsfyxesu,yu fxyfiu c) Cassalman d) Adam Smith dslyeu,me flefk 16. The purchasing power of money wages is known aseqnzk#ih etnwjh dh J; 'kfdr dks dgrs gsaa a) Money wages b) Fair wages eqnzk#ih etnwjh mfpr etnwjh c) Real wages d) Minimum wages oklrfod etnwjh U;wure etnwjh 17. The objective of social services arelkekftd lqj{kk ds mnn~s ; gsa& a) Compensation b) Restoration {kfriwfrz iqu% LFkkiuk c) Prevention d) All of these fuokj.k mijksdr lhkh 18. When did the beginning of Labour Movement in India? Hkkjr esa Je vkunksyu dh 'kq#vkr dc gqbz\ a) b) c) d) When the Maternity Benefit Act passed? Álqfr lgk;rk vf/kfu;e dc ikl gqvk\ a) 1950 b) 1961 c) 1971 d) What is done in Mediation? e/;lfkrk ds vurxzr D;k fd;k tkrk gs\ a) Bargaining b) Conciliation lksnsckth lqyg c) Voluntary arbitration d) Compulsory investigation LoSfPNd e/;lfkrk vfuok;z tk p im+rky

16 MA (Eco.) Third Semester Examination (Year 2014) Labour Economics Subject Code: MAE-303 Paper Code: JPJ-273 Roll No. Time : 2:40 hours M.Marks : 60 Section B [k.m&^c^ (Short Answer Type Questions) (y?kqmrrjh; iz u) Attempt all questions (each question carries 4 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 4 vad fu/kkzfjr gsa) Q.No. 2. Q.No.3. Q.No.4. Q.No.5. Q.No.6. Write definition and concept of labour. Je dh ifjhkk"kk,oa vfkz fyf[k;sa Write the types of labour. Je ds Ádkj fyf[k;sa What is the concept of Fair Wages? mfpr etnwjh dh vo/kkj.kk dks le>kbz;s\ Write the National Wage Policy of India. Hkkjr dh jk"vªh; etnwjh uhfr dks crkbz;sa Write the concept and objectives of Social Security. Lkkekftd lqj{kk dk vfkz,oa mnn~s ; fyf[k;sa What do you mean by Industrial Dispute? Write the reasons of Industrial Dispute. vks ksfxd fookn ls vki D;k le>rs gs\ vks ksfxd fooknksa ds dkj.kksa dks crkbz;sa Write a note on Collective Bargaining in India. Hkkjr esa lkewfgd lksnsckth ij,d fvii.kh fyf[k;sa What is the concept of Bonus? Write the importance of Bonus. cksul dk D;k rkri;z gs\ cksul dh egùkk dks le>kbz;sa Write the problem of slums in India. Hkkjr esa xunh cflr;ksa dh lel;k crkbz;sa Write a short note on need of Trade Union. Jfed la?k dh vo;olfkk ij,d fvii.kh fyf[k;sa 1

17 Section C [k.m&^l^ (Long answer type questions) (nh/kz mrrjh; iz u) Attempt all questions (each question carries 8 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 8 vad fu/kkzfjr gsa½ Q.No.7. Q.No.8. Q.No.9. What do you mean by Labour Market? Explain the characteristics of Indian Labour Market. Je cktkj ls vki D;k le>rs gsa\ Hkkjrh; Je cktkj dh fo ks"krk;sa le>kbz;sa Define Labour Economics. Discuss its subject matter. Je vfkzhkklq dks ifjhkkf"kr dhft;sa bldh fo"k; lkexzh dh foospuk dhft;sa Explain the Modern Theory of Wages. etnwjh ds vk/kqfud fl)kur dks le>kbz;sa What are the essential attributes of Minimum Wages? What are provisions of the Minimum Wages Act 1948 in India? U;wure etnwjh ds D;k vko ;d y{k.k gsa\ Hkkjr esa U;wure etnwjh vf/kfu;e 1948 ds D;k Áko/kku gsa\ Give a critical review of the existing Social Security in Modern India? vk/kqfud Hkkjr esa lkekftd lqj{kk dh fo eku Á.kkyh dh vkykspukred leh{kk dhft;sa Critically examine the Industrial Disputes Settlement Machinery in India. Hkkjr esa vks ksfxd fooknksa dks gy laca/kh O;oLFkk dk vkykspukred ijh{k.k dhft;sa Q.No.10. Discuss the main provision of the Labour Act Je vf/kfu;e 1948 ds eq[; Áko/kkuks dh foospuk dhft;sa Explain the growth of Trade Union Movement. Suggest measures to strengthen the Trade Union Movement in India. Jfed la?k vkunksyu ds fodkl dks le>kbz;sa Hkkjr esa Jfed la?k vkunksyu dks l kdr cukus ds mik; crkbz;sa Q.No.11. Explain the efforts made by the Indian Government to solve the housing problem of Industrial Labour. vks ksfxd Jfedksa dh vkilh lel;k dks lqy>kus ds fy;s Hkkjrh; ljdkj }kjk D;k Á;kl fd;s tk jgs gsa\ le>kbz;sa Describe the objectives, organs and functions of the International Labour Organization. vurjk"vªh; Je laxbu ds mnn~s ;] vaxksa rfkk dk;ksza dk o.kzu dhft;sa

18 Time : 20 Minutes M.Marks : 10 MA (Eco.) Third Semester Examination (Year 2014) Industrial Economics Subject Code: MAE-304 Paper Code: JPJ-274 Section A [k.m&^v^ Objective Type Questions olrqfu"b Á u Attempt All Questions. Each question carry 1/2 mark. Use the symbol ( ) in the box for marking the correct answer. lhkh iz u vfuok;z gsaa izr;sd iz u gsrq 1@2 vad fu/kkzfjr gsaa lgh mrrj gsrq fn;s x;s ckdl esa ( ) fpug dk iz;ksx djsaa Q. No. I. Choose the correct answerlgh mùkj pqfu,& 1. Industrialization in the strict sense of the term, entails the extensive use of inanimate sources of power in the production of goods and services. Whose statement is this? 'kcn ds lfuufgr vfkz esa vks ksxhdj.k ls vfhkák; vkffkzd olrqvksa rfkk lsokvksa ds mriknu esa vekuoh; 'kfdr dk vf/kdkf/kd Á;ksx gsa^^ ;g dfku fdldk gs\ a) P.K. Chang b) W.E. Moore ih-ds- pk x MCyw-bZ- ewj c) W.L. King d) E. Staley MCyw-,y- fdax bz- LVsys 2. In the narrow sense industrialization isladqfpr vfkz esa vks ksxhdj.k dk vfkz fueu gs& a) Development of infrastructure lajpuk dk fodkl b) Process of development fodkl dh ÁfØ;k c) Only establishment of industries dsoy m ksx dh LFkkiuk d) Establishment and development of industries m ksxksa dh LFkkiuk,oa fodkl 3. provides the structure and guidance for the establishment and working of industries m ksxksa dh LFkkiuk,oa dk;z Á.kkyh gsrq <+k pk vksj ekxz&n kzu Ánku djrh gsa 4. The number of reserved areas for government sector and investment as per 1991 Industrial Policy are 1991 dh vks ksfxd uhfr ds vuqlkj ljdkjh {ks= rfkk fofu;ksx ds fy;s vkjf{kr {ks=ksa dh la[;k gsa 1 Roll No. Enrollment No Invigilator s Signature

19 5. Which one of the following is not a part of the classification of a business firm? fueu esa ls dksu lk] O;olkf;d QeksZa dk Hkkx ugha gsa a) Sole Proprietorship b) Company,d LokfeRo daiuh c) Partnership d) Coordinating institutions lk>snkjh leuo; lalfkk, 6. When was the first Company Act made in India? Hkkjr esa igyh daiuh vf/kfu;e dc cuk;k x;ka a) 1850 b) 1950 c) 1960 d) A is a unit engaged in production og bdkbz gs tks mriknu djrh gsa 8. The maximum number of members in a Private Limited Company is. ÁkbosV fyfevsm daiuh esa lnl;ksa dh vf/kdre la[;k gksrh gsa 9. Alfred Weber propounded the theory of Industrial Localization invyýsm oscj us vks ksfxd LFkkuhdj.k dk fl)kur fueu o"kz esa fn;k& a) 1907 b) 1908 c) 1909 d) Localized materials includes- LFkkuh; r inkfkz esa leefyr gs& a) Pure materials b) Gross material 'kq) inkfkz lexz inkfkz c) Distance to be covered d) All of these ;krk;kr dh nwjh mijksdr lhkh 11. Alfred Weber s Theory is based on method of analysis. vyýsm oscj dk fl)kur fo ys"k.k Á.kkyh ij vk/kkfjr gsa 12. Sargent Florence s Theory is based on method of analysis. lktsz.v QyksfjUl dk fl)kur fo ys"k.k Á.kkyh ij vk/kkfjr gsa 13. In which state is the Bokaro Steel Plant situated? cksdkjks blikr dkj[kkuk fdl jkt; esa flfkr gs\ a) Bihar b) Jharkhand fcgkj >kj[kam c) Orissa d) Chhatisgarh mm+hlk NÙkhlx<+ 14. Tata Iron & Steel Company was established in- VkVk vk;ju,.m LVhy daiuh dh LFkkiuk fueu o"kz esa gqbza a) 1907 b) 1908 c) 1909 d)

20 15. The Indian Cement Manufacturing Association was established in the yearbf.m;u lhes.v esu;wqsdpfjax,lksfl, ku dh LFkkiuk lu~ esa gqbza 16. The policy was announced on 2 nd November, uoecj] 2000 dks uhfr dh?kks"k.kk dh xbza 17. Industrial Finance Corporation was established invks ksfxd foùk fuxe dh LFkkiuk fueu o"kz esa gqbz& a) 1921 b) 1932 c) 1948 d) Industrial Development Bank of India was established in- Hkkjr dk vks ksfxd fodkl csad dh LFkkiuk fueu o"kz esa gqbz& a) 1963 b) 1964 c) 1965 d) Seed Capital Scheme was made in the year. chp iw th ;kstuk lu~ esa cukbz xbza 20. The first lowest and highest limit of share capital is Rs. and Rs.. va'k iw th dh U;wure vksj mppre lhek # ,oa # gsa

21 MA (Eco.) Third Semester Examination (Year 2014) Industrial Economics Subject Code: MAE-304 Paper Code: JPJ-274 Roll No. Time : 2:40 hours M.Marks : 60 Section B [k.m&^c^ (Short Answer Type Questions) (y?kqmrrjh; iz u) Attempt all questions (each question carries 4 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 4 vad fu/kkzfjr gsa) Q.No. 2. Q.No.3. Q.No.4. What is Micro, Small and Medium Enterprises? lw{e] y?kq o e/;e miøe D;k gsa\ What is Industrialization? Explain. m ksxhdj.k D;k gs\ le>kbz;sa What is Industrial Ownership? vks ksfxd LokfeRo D;k gs\ State the conditions for the equilibrium of a firm. QeZ ds larqyu dh 'krsz a crkbz;sa What is meant by Industrial Sickness? vks ksfxd #X.krk ls D;k vk k; gs\ Explain the Locational Triangle of Weber. oscj dk LFkkuh;dj.k f=dks.k le>kbz;sa Q.No.5. Discuss the main features of National Jute Policy jk"vªh; twv uhfr 2005 dh eq[; fo ks"krkvksa dh O;k[;k dhft;sa Discuss the problems faced by the Cotton Textile Industry. lwrh ol= m ksx dh lel;kvksa dh O;k[;k dhft;sa Q.No.6. Write the functions of EXIM Bank of India. Hkkjrh; vk;kr fu;kzr csad ds dk;z fyf[k;sa State the problems of State Finance Corporation. jkt; foùk fuxe dh lel;k, crkbz,a 1

22 Section C [k.m&^l^ (Long answer type questions) (nh/kz mrrjh; iz u) Attempt all questions (each question carries 8 marks) lhkh iz uksa ds mrrj nsaa (lhkh iz uksa ds fy;s 8 vad fu/kkzfjr gsa½ Q.No.7. Critically examine the Industrial Policy of dh vks ksfxd uhfr dk vkykspukred ijh{k.k dhft;sa Examine the factors affecting Industrialization. vks ksxhdj.k dks ÁHkkfor djus okys RRoksa dk ijh{k.k dhft;sa Q.No.8. Q.No.9. Q.No.10. Q.No.11. A company has many advantages, yet is not free from various limitations. Explain. daiuh ds vusd ykhk gsa] fqj Hkh ;g fofhkuu lhekvksa ls eqdr ugha gsa le>kbz;sa What is Joint Stock Company? Explain in detail. la;qdr LVkWd daiuh D;k gs\ folrkj ls le>kbz;sa Critically discuss the Theory of Industrial Location propounded by Sargent Florence. lktszuv Qyksjsal }kjk Áfrikfnr vks ksfxd LFkkuhdj.k ds fl)kur dh vkykspukred O;k[;k dhft;sa Examine the remedial measures taken for the treatment of Industrial Sickness. vks ksfxd #X.krk ds funku ds fy;s fd;s x;s mik;ksa dk ijh{k.k dhft;sa Write an essay on the main problems of the Engineering Industry. buthfu;fjax m ksx dh Áeq[k lel;kvksa ij,d fuca/k fyf[k;sa Evaluate the efforts for the development of Small Enterprises. y?kq m ksxksa ds fodkl ds Á;klksa dk ewy;kadu dhft;sa Evaluate the functions of Industrial Development Bank of India. Hkkjrh; vks ksfxd fodkl csad ds dk;ksz a dk ewy;kadu dhft;sa Examine the sources of Industrial Finance. vks ksfxd foùk ds L=ksrksa dk ijh{k.k dhft,a