B.A. LL.B. Examination, December-2025
ECONOMICS-I
(BL-1004)
(New Course)
Section A
Note: Answer all the five questions. Each question carries 4 marks. Very short answer is required not exceeding 75 words.
ECONOMICS-I
(BL-1004)
(New Course)
Section A
Note: Answer all the five questions. Each question carries 4 marks. Very short answer is required not exceeding 75 words.
1. "Economics is neutral between ends?" Do you agree with this statement?
2. Distinguish between Gross Domestic Product and Net Domestic Product.
3. What is meant by Privatisation?
4. What do you meant by Joint sector?
5. What do you mean by gender inequality?
2. Distinguish between Gross Domestic Product and Net Domestic Product.
3. What is meant by Privatisation?
4. What do you meant by Joint sector?
5. What do you mean by gender inequality?
Section B
Note: Answer any two questions out of the following three not exceeding 200 words.
6. Write the difference between real economics and welfare economics.
7. Explain elements affecting demand.
8. What is the importance of national income calculation?
7. Explain elements affecting demand.
8. What is the importance of national income calculation?
Section C
Note: Answer any three out of the following five questions. Answer is required in detail.
9. Define welfare economics and distinguish it from Positive Economics.
10. What is monetary policy? What are the different instruments of monetary policy? Explain.
11. What do you understand by large scale industries? Describe the important large scale industries in India.
12. Explain the concept of cross elasticity of demand and income elasticity of demand.
13. "India is a rich country inhabited by poor people" Discuss.
10. What is monetary policy? What are the different instruments of monetary policy? Explain.
11. What do you understand by large scale industries? Describe the important large scale industries in India.
12. Explain the concept of cross elasticity of demand and income elasticity of demand.
13. "India is a rich country inhabited by poor people" Discuss.
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