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Dr. Ram Manohar Lohiya National Law University, Lucknow: B.A. LL.B./II Sem./ET/Aug-21/Eco-II

This document provides instructions for an economics exam for a law university in Lucknow, India. It outlines that the exam is divided into two sections, with Section A requiring students to answer 3 out of 6 long-form questions and Section B requiring answers to 2 out of 5 short-form questions. The instructions provide formatting guidelines for submitting answers, as well as details on uploading responses through a Microsoft Forms link by 4:00 PM on August 10, 2021. It lists the exam questions for Section A on topics like Keynesian employment theory, investment functions, fiscal vs monetary policy approaches to inflation, measuring national income, balance of payments accounts, and effects of inflation. Section B provides short-form question options on CPI and

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Shashwat Singh
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192 views2 pages

Dr. Ram Manohar Lohiya National Law University, Lucknow: B.A. LL.B./II Sem./ET/Aug-21/Eco-II

This document provides instructions for an economics exam for a law university in Lucknow, India. It outlines that the exam is divided into two sections, with Section A requiring students to answer 3 out of 6 long-form questions and Section B requiring answers to 2 out of 5 short-form questions. The instructions provide formatting guidelines for submitting answers, as well as details on uploading responses through a Microsoft Forms link by 4:00 PM on August 10, 2021. It lists the exam questions for Section A on topics like Keynesian employment theory, investment functions, fiscal vs monetary policy approaches to inflation, measuring national income, balance of payments accounts, and effects of inflation. Section B provides short-form question options on CPI and

Uploaded by

Shashwat Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Dr.

Ram Manohar Lohiya National Law University, Lucknow


End Term Examination August, 2021
Max-Marks :- 70 Time - 05 Hours B.A. LL.B./IInd Sem./ET/Aug-21/Eco-II

Economics-II
Note: Read the instructions carefully before attempting the answers:
(i) The Question Paper is divided into 2 Sections i.e. Section - A and Section - B.
(ii) The Examinee is required to attempt any 3 (three) Questions from Section - A, and any 2 (two)
Questions from Section - B. Figures in the margin indicate the Marks.
(iii) The assignment has to be submitted in a handwritten form. No other format would be acceptable.
(iv) The examinee has to write the answer in A4 Size or equivalent size sheets, ruled or un-ruled.
(v) The examinee must write his/her name, enrollment number, name of the subject on the first page of
the answer.
(vi) The examinee has to mention his/her name and enrollment on every subsequent page.
(vii) The examinee must write down the page no. on every page in the format (No. of page of total pages)
example-1 of 12, 2 of 12 etc.
(viii) The examinee must ensure that the scanned copy of the answer script is clear and legible, in PDF
format and uploaded as a single file and size should not be more than 30 MB. In case the office
receives multiple files of the answer script, only first response received shall be considered and other
responses shall be ignored.
(ix) The name of the PDF file of the answer script must be (Enrollment No) (underscore) (Paper Name)
for Example 150101154_Jurisprudence.
(x) The Scanned copy of the same has to be uploaded on Office Form through the link-
https://forms.office.com/r/24BpNcPTBD or through QR Code given above till 04:00 PM on
10/08/2021. Examinee can use only their MS Teams User ID given by University and must be careful
while uploading the answer script as only first response would be accepted. Examinees must also take
care before uploading the PDF file of answer script that all the pages of the script have been added in
the PDF file.
(To reset your Ms Teams password kindly e-mail [email protected])
Only responses received through Office Form will be accepted. Answers received
through email will not be considered.
(xi) In case of any technical difficulty the examinee may contact Dr. Aman Deep Singh, Associate
Controller of Examinations on +91-9793085772, +91-8840353326 or 0522-2425902, 3, 4 Extn. 136.
(xii) The students must note that they are required to finish the writing of answers in three hours while
they have to answer one long question less. The time of two hours is more than sufficient for
downloading paper and uploading the answer-sheets. They must submit their answer sheets within 5
hours. Responses received after 04:00 PM shall be dealt in accordance with the notification no. 332-21
dated 10.03.2021(http://rmlnlu.ac.in/pdf/Notice_regarding_110321.pdf) available on the University
Website. If they fail to do so they would be afforded another opportunity to appear in the physical
examination in such papers after the reopening of the University but, in the interests of the students,
the chance will not be counted as a repeat paper. The University would ensure justice to all the
students.

(SECTION – A) (03X20)
1. Discuss the Keynesian theory of employment and its implications on economy.
2. What is investment function? Discuss the role of investment function in ascertaining the
investment level in an economy.
3. Explaining the difference between fiscal and monetary policy, discuss how monetary
policy is adopted to control inflation in an economy.
4. Explain the approaches to measure National Income. Examine what difficulties arise
while calculating National Income in any economy.
5. Explain the various items and accounts included in the Balance of Payments (BoP) in an
economy.
6. Discuss the effects of inflation on various aspects of an economy.
(SECTION – B) (02X05)
Write short notes on any two of the following:
7. CPI and deflator.
8. Keynesian Inflationary gap.
9. Foreign exchange rate determination.
10. Determination of burden of tax between buyers and sellers.

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