WBUT 2012 BBA (SEM-2) ECONOMICS – II QUESTION PAPER

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CS/BBA(H)/BIRM/BSCM/SEM-2/BBA-204/2012

2012

ECONOMICS – II

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 the following : 10 x1 = 10

i) GDP stands for

a) Gross National Product

b) Gross National Price

c) Gross Natural Product

d) None of these.

ii) The study of inflation is a part of

a) descriptive economics

b) macroeconomics

c) microeconomics

d) welfare economics.

iii) What is the full form of GST ?

a) General Sales Tax

b) Goods and Services Tax

c) Goods and Service Transport

d) None of these.

iv) The Asian Development Bank was established in

a) 1956 b) 1958

c) 1966 d) 1968.

v) Inflation can be controlled by

a) fiscal policy b) monetary policy

c) direct measures d) all of these.

vi) Which is not a factor of production ?

a) Bank loan b) Labour

c) Land d) Capital.

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