2019 ECONOMICS — HONOURS ‘cee The figures inthe margin indeate full marks. Condidetes are required 1 give their answers i thelr own words ‘as fa as practicable SECTION-A Answer any ten questions: 2ap (8) What are the four principles of eeenomic decision making? (6) Hove does a production possibility ftontor show scarcity nd vshniealefciney? (©) Mestion two opportunity costs of building adam ona ve. (© How will the demand fr labour be afeted if (i) the wage rate desins and (i) the prices of substitute inputs detine? (© Menty with reason te ype of following goods : Congested toll roads and uncongestednonoll roads (9, How isa command economy’ diferent fom » mixed esonomy’? (@) Sate evo factors that might affect elasticity of supply. (8) How does an increase in the supply of mobile phones afet tol spending on mabile phones if demand is eli? (© How does minimum-wage above equlivium level aes the Iour marker? ©) in 10 commodity framework for nomtal goed, show diagrammatically what happens to & consine's optimum if al prices and income double, ‘Two sah line demand curves originating athe same point on the pice aks have same elasticity ava given pice, tire? Explain. ( Cost of producing smart TV has fallen over tine, How itaffets the consumer surplus and producer supa? (2) What isthe relationship hetween wo goods iF MRS between them is zero or infinite? (a) Draw the 1C for she consumer who does not ike pollution, But ss ears. (0) When two commodities ae perfect substi 19 each other, what will be the shape of tneome Consumption Curve? ic ‘Please Turn OverFiat -Ecanomies WCC-HCBCS) @ SECTION-B 21. Write short notes on any are of the following: 33 (a) Common resources and externality (@) Long-ran and Shor-un elastics of spy (6) Price ceiling and is effect on the market outcome (Gall Gin gots ar ino gods but ot al near gods are Gin as {e) Relation between own peice elastic of demand and Total Revenoe SECTION-€ “Answer any three questions 4h (@ What ste ole five an! in amar econeny? What ema us? Explain two main causes of market fire «oy Two intviduals 4 and B spend tit ine aking aks and pias AS 5 hours 1 bake a cake Tao ie ke a pizza, tals 3 hours 10 bake a cake and 2 hours foes © Oo Explain and | Sour Be Om de eventhough oe of than has abo ang PES orh, tn baking which food will Bspevalize? ear) «he (o) Tecnologia advance redued the ost of campus cps How 9° You think this affected the seeders for computers, computer software and typewnite? «ey Forsanar mand and supply curves ba des px eit nthe pode est the amount Fer ny nl, pice psi by the buyers prc eceied Py these ol 1 payments? (Qa . (@) befne po eestchy of demand Rak Som highest © lowe he Shot values of the price Define poi tama pins A, B,C, and Eon te thee demand euves i he cng Price® (©) Use the following Table to answer she questions given below ‘Good (Gros-price elasticity of demand] “Riezondioning wit nd Wawa oFeeericiy =034 Coke and Peps Tag ‘What docs the sign of he roses cascty of demand imply about the relationship of the to pit oF goods in question? i) Use the infomation inthe table above to calculate ow a 5% incense in the pice of Pepsi afte the quantity of Coke demanded. (syeae2) 6. (a) The sales dia ofa book publishing company produces a demand funtion Q™= S000 — $0P. Find out (@ Demand cure, aber of books soldat price €25. Gyre fr sles a sl 2500 copes. (iy) peice for zero sles. (@) sales at 2er0 price, (©) Explain wheter following statements ae true, ise or uncertain @ there is inlastie pice elasticity, and price rss total expendicare wil fal. @) The demand fora somimdity increases when price of is subst inteaes [siete Deew20) 1h. (@) The price of is €2 for frst 200 units and € 1 forall units hereater Commodiy ¥ sels ata estan price of ©. (Draw th budget ine fr income of € 600 Gi) sit posible to have more than one equilibria? Gi) Will the consumer ever purchase exactly 200 wits of 7 (©) itincome clases fo all he goods that a consumer buys are constant and equ, they must bE cj qual to unty.— Ise wae? (e) Draw a set of ICs forthe consumer ho likes both tex and biscuits, but always choose fo avoid (Qi2eay22 ang them together.2019 ECONOMICS — HONOURS sper: CC-2 Fall Marks : 65 The figures nthe margin indicat fill marks Candidates are required to give thelr answers tn their own words Tefen Groep -A 1. Aner ay en guess (exch ofte along se edema of eon m1 on Oy Baa emits foe nee ; (0 Use Come’ et se the stem of exons: 2 ee +5qa00 Neeween far 2 0 co taca= [5]. =| | Be twomtices, Stow atte maspose afte sum ofthe mats fs the sum ofthe transpose of 4 and. Bi (©) Lay=foi-¥ sr 12> D denote Total fincion, Sketch the graph m (©) From the folowing eal ost TC funtion, TC= 9-50 + 609 ind the minimum average cos, 2 Please Turn Over® () Find the value of the following two peron 2ero-sum game with the help of maximin-sminimas inp 2 ‘Siratewies a [Pliner Tr ce]. Puyert [a fo [ 2 wets (6) Use Jocobian determinant wo tet the existence of functional dependence between the pared functions 2 yin Safe ae? ne +1 (1s the following fmcton strictly conven? 2 pre Set (Let A ~ (HT) and B~{1, 2, 3). Show that the Cartesian Product of these wo Sts is ot commutative, 2 (&) Examine for which ofthe flowing equations,» is function of 2 GO x=8.¥ys GD y=10, ve ) Find im (2) Examine whether the following fnction is continuous at 1x, xs4 so-| sci Dea (9) Find the marginal and average factions for the flowing tot fneton “Total fiction : R= 109 ~ 42 : rst (o) Whats the rank ofthe matin. 4 =| 03 9/2 2 Loo, Group -B Answer any tree questions 22. Marginal cost i given by MC = 25 + 309 - 902 Fixed ost is 55 Find the (a) total cost, b) average cost, and (6) variable cost factions, 2H“ 1 In. class of 120 stunts numbered 1 t0 120 all even numbered students opt for Mathematics, those ‘whose munbers are divisible by $ op for Staite and those whose numbers are divisible by 7 opt for enomics. How mary stents op for one othe the subjects? 5 isgven hattora=| 0 a -b| «band care constants anda #0 las « @. Find the values of oe which 4 ven of 4) eis s (@) In game theory, wha is — (© a two-person zero-sum game, sate poner (©) Hence ind the se point ofthe folowing two person zero-sum game ei aw an |a23 eam loi 6 Considering a matrix A a eee peste laDaais LT Group -C ‘Answer any thre questions (Consider the flowing Leoni System where the input matix and faa demand vesior ae given by fous 025 034] 800) 033 01 012], a= | 200 019 038 0 00 (8) Check whether the system satisfies the Hawhins-Simon Contos, () Find he value ofthe thee usps. (a) Find the point elasticity of demand, given the demand cue ke neo. ln 1, what the value of pont elasticity of demand and what i the shape of the demand curve? (6) Prove ht if funtion is differentiable at some pint, then it must be continuous at that pot; but the converse isnot re (atte ‘lease Turn Over“ 9. For the following function, 10. - © o © @ @ ©) ° fs) = 88 ~ 182 + 96 80 nitions Deiat etic Steen picne ‘aoc ts el ann ee pe rene bt ie pareperean ti 21 \ srctat share corp (21) ies (2) me (3-3) i Geely lected tts eee y= at +b, (ao). bf ng fein fie ts =37 Rese eos megs Hate ae a ee Fine : Player 1 sas 55 ss© 2019 . ECONOMICS — HONOURS Paper: CC-3 ull Marks : 65 The figures the margin indicate fll marks Candidetes ave required to give their answers in ther own words ‘8 far as practicable. 4 SECTION - 4 1. Answer any tem ucsions 210 (a) What wil he the impact on GDP is consumer decides to buy reget made ia Souh Keres rather than one made in Ina? (© apn hy Bad as Mir ei. (© Wty yp? \ (© Witte ote bode? ‘ (6) State wheter the follwing statement iste o fe and give reasons for your answer “For a county where GNP excoeds GDP, we find tha the residents ofthat county are earning less abroad than the erie ar eaming in tat court.” (1) tne folowing hypoteticl economy | oor com v coe ees | eee eso Coates e430 Covent pecs of pls 10 Doig np te Find disposable income. le () What is GDP dear? (2) What components of GDP (i any) would each of the following wansutions ae? Explain { (© The Cenel Government of lain tepaves NL. Your patents buy car from Volkswagon, « German compan. Please Tern Over1D Why is imputed rena ome of owner oceupied housing included in GDP and nt the market ‘ale ofthe house tet? 6) Differcoiteberween stock arabes and flow variables cing examples, (6) State ad expisin what will happen if MPC > 1 in SKM, 0) Suppose the economy is operating st euillvium with ¥,~ 1000, Ite goverment underikes 8 fiscal change so that the tx ae” creases by 0.08 and goverment spending increases by 50, ‘wll the badge surplus sarease or decrease? Why? (om) What fet does an inrese in money supply produc in the classical mode? (0) What s the diference Between MEC and MEI? (6) What wll e the impact on renal price of apt, cot of expt an investment ifantinationry monetary pie rales the ineres rate? SECTION - B 2. Answer any three questions (a) Why do we call mechanisms sch 8 proportional income lanes “automate stabilizer land ly affects Msctuation ia outa (©) When ihe present value of fiure rum steam (discounted atthe maket rte of interes) of & erin ivestment pres just equal Yo the presen cost, how is the marginal ficiency of pita” related to she rate of inert? Explain. 5 (6) Explain sving investment gap adits elation with budget defi 5 (& Explain paradox of ti. 5 () 1s Says aw consistent with Quanity Theory of Money? Explain with arguments, 5 SECTION - € Answer any three questions. 13. Suppose we have an economy described hy the ellowing equations c= 100 +5 Yy so 01 a= 100 Te02¥ where € = Consumption, Yy = Disposable Income, T=Tax, ¥ = National Income Find out equiliiam vals of Y, 1, Cand government uxget desc. How wil an inerese in the tax fate fom 0.2 to 03 affestaggreznte domestic savings? Can you cll his tes “Paradox of tri"? 41 = Investment, G= Government Expenditure,@ (end ona H- CMCC Explain the impact of real interest at on housing demand, housing price and residential investment. pews Suppor there re two groupe of people in an economy, with heir espective consumption fncton as C4 = 100405 Yq Cy 150 +075 %q Planned investment 200, Where C and ¥; are respectively consumption and income levels forthe ‘th group (forall ~ A,B), Suppose each group gets 50% of total GDP inthe economy. Determine the equilibrium level of income. Considering the equilibrium inome asthe intl inome, amps tax T is imposed cm Group A and the same amount is given as a wansfer {0 Group B. Now 0 (2) Using a phase digram, show that there ae to posible equilibvium levels of y, one aty = 3 and the otter ay = 5 € (by Comment onthe stability ofthe equlira a 24 Let thei functions of two individuals Land be given by — Up = OC ay (+ BP and Cy = (K+ a (+ BFP 4, > 0, Do you think hat the Indifference Carve 1) ofthe two ivi wil have he sane Slope? Why? 1 44 Stat the “Envelope Theorem’ Explain Roy's dente as an application ofthe Envelope Theorem, 23 5. if w= 725119 the ity function ofa peson, where Y denotes wage income and denotes sure time enjoyed int other opin leisure when wage rte is ® 10 per our 55. The profi function ofa fim is gven by wa- RE Abs 20K + 1A 10D where 4 stands for averisement expenditure and stands for Reseach expenditure. Find out tbe ptimom and fr pote manson, Verify the second order condition. 32 Group —€ Answer any three questions. Consider the Following demand snd spy fnctios. 0g= o- PP + oP); 0, =~ + BPs (as B.Y,8>0) (2) Assuming ha the rat of change of price over tine is ely proportions tothe excess demand, ind the time pat P (©) Whar isthe ianrempoaleulltrum price? (©) Whac restriction om the parameter @ would ensare dynamic sbi? 523 (@) A production function is given by O= 415 4. © Whats the naar of retums to seal? (Whats the sare of and Ln the prot, each ator i paid a price equal ot marginal reduc? Show that he total pret is exhausted. o ‘Which ofthe following funtion are homhetie? essai © & 7 dip 2ogx* Soe af U x23) 's homogeneous if dese“ In 2%, hen (Ps homogeneous of dexree =F In, pak where Viste indies ity function Prove this resul assuming U =". 0 (a) Solve the following problam graphically Maximise Rear tes Subj to ntass aytastd ana? Please Turn Over a(©) Conse the olowing problem = Maimise ays dy Such that nine a+ 3ep< 18 HERE EGA EHO 1f the optimal solution to its dul problem ie yy*=0, 93" 4ly, yyt=Mys Yat = O ind out the ‘optimal solution os prial problem and veri duality tore” as 11, Consider the following market mode. Find the Intertemporal eqlitium pice and determine the nature fftine path of pce Can you cal he eguiiriam a sable equim? Mcrae your answer raphical. a= 19~6F,: Op = 6. $5 Oy ~ Oe aa(Pint -Peonomisc HCC 2019 ECONOMICS — HONOURS Paper: CC-S Full Marks : 65 The fgures inthe margin indicate fll marks Candidates are required 10 give their answers in their own words ‘as far at practicable. Group. 1. Answer any tem questions 240 @ » © @ © © o o 9 o The average pradt of labour when thee workers farm an ace of land {8 200 bushels of whet nd the marginal product of Fourth worker is $0 bushels. What the oil utp of four workers? In perfectly competitive industry with Nidoatical firms sn no exteroal effets en fst prices, isthe long-n industry suply curve more or less step than the fir supply curve? or a production function Q = 201, where Q denotes otal output and I. denotes about, how ds the ttl product cure lok like? ‘A consumer is observed to purchase 4) =20, observed to purchase = 8, dy pies py snioms of the revealed preference theory? Determine whether the felloming uly function exhibits risk sversion: (w= Ww, where w i the vel ‘What do you mean by quis rent? A loiery his three posible outcomes. 100 willbe received with probability 0.1 € 50 will he ‘received with probity 0.2 and € 10 willbe reeived with probabil 0.7. Whe the expected value of the lotery? : edhe iquant are downoad sloping staat ines andthe socost ines are ater than the soguans ‘hen draw the expansion path, Ire total factor earning from 1 see of land is ® 100,000 and the minimum supply price of land {is € 50,000, Find out the wmoat of eoonomie rent Detennine whether the following production function exhibits increasing, decreasing cr constant returns to sele : = SOKS™L", A fim is producing with 1wo factors of production capital (K) and labour (L}. fw = ® 50 day and = € 100 per day, what the ¢quation ofthe isan line ihe frm chooses to produce output ‘of € 10,000 a day? Ifthe labour suplyfantion s given by L~20W; wage and employment a uli are 40 units and 800 units respectively, deernite the economic ent. 0, at prices py =2 and p= 6. She i also and p= leher behaviour concent with the of wealth Please Tura Over,(Pin Bonomi FECCICBCS) @ 3 (fm) From the following tble calculate Laspeyres price indes Period | Price of | Quaniliy of | Price of | Quantity of food food purchased | clothing | cothing purchased 0 | r= Fo= 10 Poh = 20 G P= Pol 24 (0) For the cost funtion C= + them in pe diagram. (©) Suppose tat perfectly competitive frm has w production funtion Q = L®*. Ifthe price of the producti P per unit of ouput, whal i the equation of the fim's labour demand curv? Bnd out the average cost and marginal cost functions and depict, Grow 8 - Answer any three questions (4) Assume that» penion’s lity asa faction of wealth () i given by a — w= wane; where a> 0, 0.,wbat is his optimal alloenonaf keime consumption. (242)+64 ° (a) Using the weak asim of Revealed preference theory show that the sbttaton fest of price change i aways negative (0) Six apples and four oranges ae bought when pies ofthe two fruits are rupee ene per unit each ‘When price ofan apple rises to @2 por unit and that of an orange falls to & 0.50 per un the quantities of the two fruits that are Bought are 8 apples and 3 oranges. Do these observations indicate violation of weak axiom of Revealed peeference they? ss 5. (@) Contrast risk aversion with risk loving behaviour fn terms of propeny of lity funtion of an ied. (©) Consider the Vow-Neumann-Morgnsten (VNM) uilityfmesion y= ips where ws the wealth of the individ! and we assume that the initia! wealth ofthe individual is 36 (mesure inappropriate ‘units. Wil the individual accept the gamble if she wins 15 with probability and lose 11 with probably? 35 6. {@) The equation ofthe total cost curve ofa perfstly competitive firm in the shorts is TC =50-+292 1. (a) The short run cost function ofa company is sven by the equation TC Explain why tis fom will never shutdown is production in the short-run. Determine the last cost ‘utp Ifthe market peice is € 100 per unit, determine the profit maximising level of production, (0) A competiive industry faces a demand X = 800 ~ 8. ach fim faces ideal cost condiins C, = 200-+ 10K, + 2X? ‘where; ste output of then fm an Cy is cost. Thetis fee entry and an united rumber of potential entrants. What i the equibiun capt and price? Find the numberof fins in the indy rH) the total ost ani gis the total quantity of ouput, both measured in thousands, (© What i the company’s fixed cos? G@ ibe company produces 100,000 unis of goods, what would be its average (What would be is marginal cost of production? (G0) What would be is average fixed cost? (©) Suppose the company borrows money and expands is factory. Is ed cost rises by € 50,000, tut its variable cost falls 045,000 per thousand unit, The est of etret () also enters ino the equation. Each one point increase in inerest ate raises east by € 3,009, What isthe new ses equation? (@) Do you agre with the view that relatively larger fixed cos imply that the minimum average cot ‘eeu a 2 relatively Hower output level? Explain. jeTel he} able cow?2019 xconomics — Hovoms Paper : CC-6 panacea The figures in the margin indicate full marks Candidates are required to give thelr answers in their own words ‘as fa" as practicable. SECTION-A 1. Answer any tem questions (2) The consumption funeton i given hy C= 200+ 0.75(¥-1) an invesent funtion s I= 200-28 ‘Government purchases and tes are both 100, For this esonomy derive the IS curve 2 () Using LM digram, show the impact on ouput ofa contraction in maney supply. a (©) Explain the ‘Crowding Out eff. 2 (@) What does AD curve show? Why is it negatively sloped? ua () Suppose monetary bas s€ 20,00, reserve deposit ai is 0.1, cureney deposit ratio is 04, Find ‘he tal money suply inthe economy. 2 (©) Define CRR and SLR. 2 (@) What is sacrifice ration 2 () What do you mean by mark up inflation? 2 (Indicate any two diferences between the classical and Keynesian theory 4) Explain the schy prise mode! of agarepae supply (tthe speculative demand for money depends only upon the level oF income, what i the shape of the LM eure? 2 0) Inthe Compe Kees Mode at te tape of te Agee ply ive meta te factors that influence supply. (om) Why Friedman's money demand theory i the restatement ofthe Cambridge equation? 2 (2) What are the diferent componcnts of My and M? 2 (6) Waite down the fos of Deposit Multiplier and Currency Multiplier. Can you derive any other ulti fom hese 140? 141 Please Turn Over@ SECTION 2. Answer amy three questions 58 (2) What ae the basic tenets of Monetarsan? () lathe IS-LM model, show the impact of Hcl and monetary policies inthe iguiity tap (©) How does an inerese in goverment consumption financed by taxation affect the endogenous ‘rile in the Complete Keynesian Model? Examine the connection between budget deficit, deficit finan 1 Indian economy (6) Desive the Philips Curve fom the Agzregate Supply Curve o 1nd money supply with reference SECTION-C 3. Answer any three guestions (a) “Mere addition of he consumption function by isl to an ethorwise classical model relly maifes ‘he notre and conclusions ofthe mods! very litle" — Diseuss the staement fl 0 (©) Bani mae ume whither Pi cane mye owned ssa. ici verte in the fongrin (6) Does government expenditure financed by deficit pening necessarily crowd ou private investment inthe IS-LM model? Answer on th bass of diferent shapes of IS and IM curves, 0 (8) 6) What is involuntary unemployment? (Discus he causes of Keynesian unemployment equilibrium. (i) How does Prof A.C. Pigoa challenge Keynesian unemployment equlitrium by Real Balance fect? 1S Explain the Balance Shocts ofthe banking spsem asa whole, RBL and Commercial Bank und show the determinans of money supply. S341 c(Padme ECTCRCS) 2019 ECONOMICS — HONOURS Paper : CC-7 Full Marks : 6 The figures In the margin indicate full marks Candidates are required to give their answors in their own words as far as practicable. Group Answer any fen questions 0 (@) Find the relative fequency ofthe frst class and fequsncy density ofthe second class forthe folowing istbaon sigh ofamadons | istiss | Is6160 | tetas | 1668s (nem) No.of sudens | 5 0 5 a (Find the median oF 4, 8, 3,2, 6 (i) Find the mean of 4, 5,3, 2, 60. (a) What favourable ropety ofthe mean i sated by comparing the answers to (and (i)? eet, 0, LaF = 400, X (©) The fist two moments of «distribution sbout the value 2 ae 1 and 16 respectively, Find the fist two moments about 25r0 (Are the daw. consistent? Give reasons (©) Out ofthe wo resreston lines given by 38+ 9y 46 and 3y + 12819, which one the regression line of X an Y? (9, Define Type I and Type I or. () Find the probably of obtsining 4 in throwing two fede. (@) Examine whether the fllowing function a probability funtion: Please Turn Over®) i (© A continuous random variable having values only between O and asthe linear density funtion Soy neers 6 Suppose hut X~ Bin (3,18). Find the mode of X (&) 125% ofthe inhabitants of a city are consumers of ea, then find the probability that «sample of To inhabitants wil sontin exactly 2 consumers of ta. State whether the following statements are true or fe (Poison disibution mean and standard deviation canna be equal. i Poisson distbusion mode cannot take & etonal value (Poisson dsebaton i uwayspostvely skewed. (is) 7, (Gams 2) fr Poisson distribution canot be zero (a) State the conditions under whic ewo discrete random variables are said tobe independent. ) IF; and Xz ae two independent random variables such hat X, ~ N(O, 1) and Xy~N(O, 1), then ‘which ofthe following satemets are tue? © X+%_~NO.D, (i X24 Xp is Chisguae variable GX, / ARP AXE is 2 vaible x? Gy =5 faliowsFdistbuton, x (6) What do you reas hy pint estimation and interval estintion? Group. Answer any three questions. A vavable assumes the values 1,2, 047 with foquansies 12,22, 78 respeatively. Calculate the arithmetic pean ofthe variable 5 Show that “srs 1, where rs simple coelatoncoetice. 5 1 lee chen at on em hf 20 poste gs. Wht the oii ht he Integr chosen is divisible by 6 oF §? Consider the popalaton (4, 6, 10}. Specity the sampling disbution of sample mean deawing simple random samples of size 2 without replacment fom this population. Calulte mean and standard err of sample mean, Verify the result hat E(8) = eRIfthe varianess of independent. 8) the flowing estnators of © would you prefer most? and unbiased eximatos Ty, TT of parameter 6 are equal which of (Fy + 70+ Ty OT + TA ITYS. (Ty + TS TT 5 Groupe Anon any three questions. (a) Bsamin bow dient metres of ypeson ae feted if al aes of he aie are dob n o -@) - (8) » ® cy} @ » “Avvarable takes only two ditnet alos o and 6 cach with esual fequeney Find the varias, Suppose hat two ball are env randomly fom box onsning 4 ed and 2 ‘RERBtaly dsbten af he number of blu all drawn Find oth me Sate and prove Bayes’ theorem. Find the mode of Poisson Distribution ot balls. Spel ean of the dsiibution, ons ‘The average nunber of misprints per page of ook s 2. Asuning Poison distin, ws ihe robot that a parcaur pe is Be frre isin? es ofthe popes contain at ast one misprin®? (Given &*=.13534) the book cotsins 1000 pes howe oa Find out a measure f skewness and a rcasre of lutosis for normal dstbution and make tea coninuous random variable X is dsebuted norally with a mean of 39 and a variance of 25 Find out POX = 40) given thet PC $252) 9763 Show thatthe following funtion is joint probability fiction os soon Find marginal density function of and: ‘Asample of 10 television ues produced bya company showed ‘andar deviation of 100 hours. Find 99 percent confidence intra fr te mes {uber produced by this company (Given Zap ton.9 22 when 02x51, 051 DOSE toes 10 317; tas 9325+ Gap mean fie of 1200 hours and an of al television tai s0= 275 Says2019 ECONOMICS — HONOURS Paper : SEC-A Full Marks : 80 The figures inthe margin indicate fall marks Candidates are required to give ther answers in their own words ‘as fers practicable. [ATTEMPT EITHER SEC-AG) Or SEC-A@D | \ SEC-A() (Data Analysis) oll Marks : 80 Group =A Answer any ton questions m0 1. What do you mea by Population? 2. Menton wo piniy fxr god uestoie ‘3. What the meaning of Cems? 4. Mention de wo basic problems i Census Dat Wat do you mean by Unbiased Sample Suvey? 6 Mention two Basie vantages of Sample Survey over Complete Enumeration. 7. What pois shoud pin view during the tabulation? 8. When we conser te Semiloprithmis Char represents? 9. What is the basic ifrenee between Speadsbect Program and Sutstial Package? 10, Menon the nme of we populr Steal Paciages. Give a reason forthe popularity of exch poctage 1, Wie he rod cater of expend wich are mentioned in National Accu Statistics. 12, What do you mean by Base Year i Nasional Account Statistics (NAS)? Wht is the Base Year of New Series of NAS? 13, What do you mean by Reference Petid in Household Consumer Expenditure Survey? 114. Write he primary objective of Post Enumeration Survey. 15, Mention the two now features in the Questionnaire of Conhus 2011 Please Turn Over2019 ECONOMICS — HONOURS Paper : SEC-A Full Marks : 80 The figures inthe margin indicate fall marks Candidates are required to give ther answers in their own words ‘as fers practicable. [ATTEMPT EITHER SEC-AG) Or SEC-A@D | \ SEC-A() (Data Analysis) oll Marks : 80 Group =A Answer any ton questions m0 1. What do you mea by Population? 2. Menton wo piniy fxr god uestoie ‘3. What the meaning of Cems? 4. Mention de wo basic problems i Census Dat Wat do you mean by Unbiased Sample Suvey? 6 Mention two Basie vantages of Sample Survey over Complete Enumeration. 7. What pois shoud pin view during the tabulation? 8. When we conser te Semiloprithmis Char represents? 9. What is the basic ifrenee between Speadsbect Program and Sutstial Package? 10, Menon the nme of we populr Steal Paciages. Give a reason forthe popularity of exch poctage 1, Wie he rod cater of expend wich are mentioned in National Accu Statistics. 12, What do you mean by Base Year i Nasional Account Statistics (NAS)? Wht is the Base Year of New Series of NAS? 13, What do you mean by Reference Petid in Household Consumer Expenditure Survey? 114. Write he primary objective of Post Enumeration Survey. 15, Mention the two now features in the Questionnaire of Conhus 2011 Please Turn Over@) 1. 20, a. 2. 4, 25. 26. n. What ar the main diferences between Asritute and Variable? Explain the Clasication of Vi Group - B Answer any four questions. oy .Desribe the classification of Statistical Data onthe bases of thele sures ‘What is Ratio Char? Briely point out its advantages over simple Line Diagram, Describe step by step the method of calulatin of summary statistics ofa variable in any one of the packages given below: STATA, R, SPSS, Eviews, MS-Exeel ‘What are the components of Production Account Table under its “Uses Site” and "Resourses Side"? Discus briefly about the National Population Regier From where do we atthe bank-wise infomation on isbilie, atts, eamings and expenses of scduled Indian Commercial Banks? Briefly deseribo the two fetes ofthis database, Group - Anwwer any fowr questions Describe the ctfren mods of colleston of numerical data and state their lative merits and dete 315 with suitable example. (@) What is Random Number? How ate they used in deaving Simple Random Sample? (©) Describe the different types of Sampling in Sait, Grays ‘According to NSS what i he concer of Monthly Per Capit Expenditure (MPCE)? Brit discuss the concep of the Percentiles and Facies ofan MPCE distribution, Write something about the Paves and Fraile Classes which are used inthe tabulation of data in NSS 68th Round Report. 2434S Digeuss about Sample Registration System (SRS) in Ina For eseting infomation on poption ad ‘tal evens how many fons ot schedules have been prescribed by SRS? What do you mean by Continuous Enumeration inthe Feld of Investigation of SRS? 43 ‘Write short notes on any neo 52 (@) Concept of Cross Section and Time Series Data () “Rates of Accounting” and “Double Entry Principle” according 0 2008 SNA Framework (6) Sample Design of NSS 68 Round (@) Concept of Price Index. ¥ i)©) ara) ‘SEC-ACD) (Rural Development Theory) ra ae eee ae atoms , i 3 5) eager : (divas nies eget oe : ithe csaacigecgra ee : th Wal eracua cana eee EE sh ; bs ede rueseae, ne ; (9) Who founded Grameen Bank in Bangladesh? What is its main objective? mH (@ What are the main functions of Regional Rural Banks (RRB)? 2 © What is meant by microcredit? 2 (&) What does SIDBI stand for? What i its main objective? mH (What i the main reason behind linking the Self Help Groups (SHG) with banks? 2 (am) What is PMGSY? When was it lanched? 2 (@) When was the West Bengal Panchayat Act passed? What does this Act stipulate? Ma (©) Which rural development programme seeks o reduce school dropouts in rural areas? When was it launched? Hl Group -B Write short notes on any four, = 2. Role of Non-Governmental Organizations (NGOs) in rural developmen, Rural Appraisal (RRA), Distinction between Participatory Rural Appraisal (PRA) and Ray 4 Constraints faced by micro enterprises in rural areas, 5. Micro-evel planning asa too! to promote rural development. 6. Important characteristics of India’s rural sector. 7. Working of Panchayati Raj Institutions (PRIs) in West Bengal Please Turn Over“ 1. ML n. 1B. Group -€ ‘Asworany fur questions 4) Enpluin he rol ofthe rl non-farm sete inthe development of Inds rural economy (6) What poicy measures have been adopted bythe Government of Inia to promot the growth of tis sector? 45 Discuss some ofthe msjor problems of rural industalization in India, 0 (4) What are Self Help Groups (SHG)? () Menton the important features of SHGS. (e) Explain the reasons behind formation of SHG as (@) Define decentralized planing (6) Explain the implication of picpatary development as an important aspect of decentalizs planning (6) Distinguish beeen patcpaory development and participation in development. aed (a) entity the major sources of funds for ral development. (6) Discus the ole played bythe National Bank for Agriculture and Rural Development (NABARD) inthe context of rural development I CCiclly evaluate the roles of (a) Mabarma Gandhi National Rural Employment Guarantee Act IGNTREGA) and @&) National Rural Heath Mission (NRHM) as real development programmes, $5