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Odisha State Open University, Sambalpur
ASSIGNMENTS Bachelor Degree (UG) Programmes
Course Code : GEEC- 02 (Theory) Semester-2
ASSIGNMENTS-I
Indian Economy-II (GEEC-2)
Full Mark – 100
(Answer all the questions, which is Compulsory)
Group- ‘A’
Q. No. 1 Answer within one word or one sentence each Marks: 1X 10 =10
a) What is foreign trade?
b) What is balance of payment?
c) What is trade policies?
d) In which year WTO was set up?
e) What do you mean by commercial banks?
f) What is Lead Bank?
g) When was the Reserve Bank of India established?
h) What is the full form of SLR?
i) What is Cloud Banking?
j) When was NABARD set up in India?
Group- ‘B’
Q. No 2. Short answer-type Questions (Word Limit: 50 Words) Marks:2×10 = 20
a) Distinguish between balance of trade and balance of payment.
b) Distinguish between export promotion and import substitution
c) Distinguish between Block Level Banker’s Committee and District Consultative Committee.
d) Distinguish between Retail Banking and Wholesale Banking.
e) Distinguish between demand deposits and current deposits.
f) Distinguish between Repo rate and Reverse Repo rate.
g) Distinguish between SLR and CRR.
h) Distinguish between Fixed Exchange Rate and Flexible Exchange Rate
i) Distinguish between Cyclical Disequilibrium and Structural Dis equilibrium
j) Distinguish between Inflation and Deflation.
GROUP- ‘C
Q. No 3. Medium answer-type Questions (Word Limit: 200 Words) Marks: 3 × 10= 30
a) Spell out the causes of disequilibrium in the balance of payments
b) Highlight the primary functions of commercial banks.
c) What are the major countries contribute to India’s import?
d) Write down the case for and against import substitution in India.
e) Explain the export promotion strategy of government of India.
f) What are the raw materials that India exported during pre-independence?
g) Explain the lender of last resort function of central bank
h) Highlight the objectives of Lead Bank in India.
i) ) What is Unified Payments Interface(UPI)?
j) What is the main motto of IFCI?
GROUP- ‘D
Q. No 4. Long answer-type Questions (Word Limit: 500 Words) Marks: 10 × 4=40
b) Discuss the functions of commercial banks in India
c) Write an essay on “emerging trends in banking” in India.
d) Discuss the roles of financial institutions to provide funds to large industrial sectors in India
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ASSIGNMENTS-II
Indian Economy-II (GEEC-2)
Full Mark – 100
(Answer all the questions, which is Compulsory)
Group- ‘A’
Q. No. 1 Answer within one word or one sentence each Marks: 1X 10
a) What is revenue expenditure?
b) What is VAT?
c) What is base of a tax?
d) What is primary deficit?
e) What is the name of economist who describes relationship between inflation and unemployment?
f) What is the abbreviation of NSSO?
g) What is the abbreviation of MGNREGA?
h) What is the abbreviation of FDI?
i) What is the abbreviation of MNC?
j) What is anti-differentiation?
Group- ‘B’
Q. No 2. Short answer-type Questions (Word Limit: 50 Words) Marks:2×10 = 20
a) Write a brief note on causes of inflation.
b) What do you mean by subsidies?
c) What is deficit financing?
d) What is inflationary gap?
e) What is supply-shock inflation?
f) What is Phillips curve?
g) What is Poverty Line?
h) What is Ozone Layer Depletion?
i) What do you mean by economic reforms?
j) What is environment degradation?
Group- ‘C’
Q. No 3. Medium answer-type Questions (Word Limit: 200 Words) Marks: 3 × 10= 30
a) Distinguish between fiscal deficit and budget deficit.
b) Distinguish between Income Variant and Consumption Variant.
c) Distinguish between Sales Tax and Excise Duty.
d) Distinguish between Demand-pull and Cost-push Inflation.
e) Distinguish between Absolute poverty and Relative poverty.
f) Distinguish between Globalisation and Privatisation.
g) Distinguish between Distribution and Composition of Population
h) Distinguish between Economic Growth and Environment.
i) Distinguish between Revenue Expenditures and Capital expenditures.
j) Distinguish between Direct Tax and Indirect Tax
Group- ‘D’
Q. No 4. Long answer-type Questions (Word Limit: 500 Words) Marks: 10 × 4 = 40
a) Briefly discuss the different theories of inflation.
b) Explain the various poverty alleviation programmes adopted to eradicate poverty in India.
c) Describe the impact of fiscal deficits on the real growth rate of GDP in India.
d) Discuss the role of Multinational Corporations in the Indian Economy.
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