Semester : SEMESTER 5
Subject : Economics in Everyday Life
Year : 2019
Term : NOVEMBER
Branch : ECONOMICS WITH ISLAMIC FINANCE
Scheme : 2020 Full Time
Course Code : ECO 5D 01
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SEMESTER B.A. DEGREE EXAMINATION; NOVEMB
(CUCBCSS—UG)
Tine 0 Economics म کیم LIFE
em Ris. 5D 01—ECONOMICS IN EVER Maximum : 40 Marks
Part A (Objective Type Questions)
Write all the eight questions.
Each question carries % marks.
1. நா
Onetary Policy is declared by :
(೩) Ministry of Finance. (b) 5881.
(
5 Wh, RBI. (d) NABARD.
॥ ch of the following is a fiscal policy instrument ?
(a) Bank rate. (b) CRR.
(d) Tax.
(c) Interest rate.
3. A continuous and general rise in price level is called :
(a) Deflation. (b) Disinflation.
(c) Inflation. (d) Boom.
4. Which of the following economic system gives freedom to market forces ?
(b) Socialism.
(a) Capitalism.
(d) Mixed Economy.
(c) Communism.
5. Microeconomics studies :
(a) National income. (b) Balance of Payments.
(c) GDP. (d) Firm level output and pricing.
6. An example of revenue expenditure is :
(a) Expenditure on construction and renovation of rural water bodies.
(b) Expenditure on constructing an Airport.
(c) Expenditure on salary and pension
(०) Expenditure on NH construction,