CS/BBA (H), BIRM, BSCM/SEM-3/BBA-304/2011-12
2011
BUSINESS ECONOMICS
Time Allotted : 3 Hours Full Marks : 70
The figures in the margin indicate full marks.
Candidates are required to give their answers in their own words
as far as practicable.
GROUP – A
( Multiple Choice Type Questions )
1. Choose the correct alternatives for any ten of the
following : 10 × 1 = 10
i) Business economics helps business manager in
a) decision making
b) saving from risk, uncertainty
c) raising demand
d) maximizing profit.
ii) Type of depreciation that arises out of economic factors
like suppression, obsolescence and inadequacy is called
a) physical depreciation
b) functional depreciation
c) accidental depreciation
d) non-functional depreciation.
iii) An economy is in a liquidity trap. If the central bank
increases the cash reserve ratio
a) money supply increases
b) interest rate falls
c) aggregate income falls
d) none of these.
iv) Consider the following normal form game :