W.B.C.S Main 2000 Optional Question Paper Economics.

W.B.C.S Main 2000 Optional Question Paper Economic – paper 1

Group – A.Continue Reading W.B.C.S Main 2000 Optional Question Paper Economics.

1.  What were the main features of the process of commercialization of Indian agriculture in the nineteenth century ?  How did this process alter the economic landscape of rural India ?

2.  Give an account of the controversy around the thesis of deindustrialization of the Indian economy form the early nineteenth century.

3.  Discuss the performance and problems of public sector enterprises in India in the plan era. Comment in this context on the recent policy of disinvestment.

4.  Describe the evolution of the approach to poverty over the last five decades of Indian planning.  How can you relate this evolution to the change in ground reality ?

5.  Do you think that the strrategy of green revolution was a negation of institutional reform in India ?

Group – B

Answer any two questions.

6.  What role did the imperial Government play in the economy of colonial India ?

7.  To what extent has the Indian economy become ‘outward looking’ during the last decade ?  Can India now expect to gain by an outward looking policy ?

8.  Planning in India is riddled with contradictions – do you agree ?

W.B.C.S Main 2000 Optional Question Paper Economic – paper 2

Group – A

1.  (a)  What is menat by the elasticity of demand for a commodity ?

(b)  How would you measure elasticity at a point on a demand curve ?

(c)  Point out some exceptions to the law of demand.      4+10+6

2.  (a) Distinguish between an indifference curve and an indifference map.

(b) What are the properties of indifference curves ?     8+12

3.  (a) Show how a monopolist determines the output to be produced and the price at which he will sell his commodity.

(b) Is monopoly an unmixed evil ?    12+8

4.  (a)  What are iso-quants ?

(b)  Describe the nature of iso-quants.

(c)  Write a brief note on the Cobb-Douglas production function.     5+10+5

5.  (a)  State and explain the Ricardian theory of comparative advantage.

(b)  State the basic assumptions of the Hecksher-Ohlin trade model and explain the model.    10+10

Group – B

6. (a)  How is credit created by banks ?

(b)  Show how the Central Bank of country uses the various struments of credit control.    10+10

7.  (a)  What is meant by inflation ?

(b)  Distinguish between demand-pull inflation and cost-push ation.

(c)  How can inflation be controlled ?    4+8+8

8.  What is the role of foreign investment in the development of a less developed country ?     20

9.  Discuss Harrod’s theory of growth.     20

10.  (a) What are the determinants of economic growth ?

(b) Discuss the role of technology in the economic development of developing countries.    10+10

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