comparative economic system
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M.A. (Previous) Examination 2017 (held in 2018)
Economics (Paper V-D)
Comparative Economic System
Time: 3 hours Max. Marks: 100
Instructions:
(1) Attempt any FIVE questions.
(2) All questions carries marks.
Q.1 Market mechanism provides good solutions to the basic economic problems created by scarcity and economic interdependence. Do you agree or not? Explain.
Q.2 What is consumer's sovereignty in a market economy? Is consumers’ sovereignty absolutely powerful in such an economy?
Q.3 Explain comparative economic system? What benefits are expected from the study of comparative economic system?
Q.4 Do you think that welfare economies is a bridge between capitalism and socialism? Explain.
Q.5 Describe the salient features of Islamic Economic System and compare them with Capitalism.
Q.6 Discuss the objectives of monetary policy and fiscal policy in an Islamic State.
Q.7 (a) Discuss the working of the price system in an Islamic State.
(b) What problems are associated with the elimination of Ribah?
Economics (Paper V-D)
Comparative Economic System
Time: 3 hours Max. Marks: 100
Instructions:
(1) Attempt any FIVE questions.
(2) All questions carries marks.
Q.1 Market mechanism provides good solutions to the basic economic problems created by scarcity and economic interdependence. Do you agree or not? Explain.
Q.2 What is consumer's sovereignty in a market economy? Is consumers’ sovereignty absolutely powerful in such an economy?
Q.3 Explain comparative economic system? What benefits are expected from the study of comparative economic system?
Q.4 Do you think that welfare economies is a bridge between capitalism and socialism? Explain.
Q.5 Describe the salient features of Islamic Economic System and compare them with Capitalism.
Q.6 Discuss the objectives of monetary policy and fiscal policy in an Islamic State.
Q.7 (a) Discuss the working of the price system in an Islamic State.
(b) What problems are associated with the elimination of Ribah?