Subject: M. Com -V M. Com: Part- I, 1st-A/09
Roll No. ________________ Sig of Dy. Superintendent. __________________
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M.Com, Part- I, 1st Annual Exam 2009
Paper: V Eco Analysis & Managerial Eco
Maximum Marks: 40 Fictitious #: ____________
Time Allowed: 45 Min. Signature of CSO: ____________
Objective Part
Note: Cutting, Erasing, overwriting and use of Lead Pencil are strictly prohibited. Only first attempt will be considered.
Q.1.A: Tick the correct option. (10)
i. Trend of Curve of demand is:
a. Left to Right up b. Right to left up c. Left to right down d. right to left down
ii. In case of rise in supply, supply curve:
a. Shifts from left to right b. Shifts from right to left
c. Moves upward d. Moves Downward
iii. When Total Utility increases, Marginal Utility is:
a. negative and increasing b. Negative and declining
c. Zero d. Positive and declining
iv. GNP – Depreciation =
a. GDP b. NNP c. N.I
v. Q
a. TR b. MR c. AR
B: Tick true or false. (10)
i. An indifference Curve is concave to the origin. T F
ii. A Budget line slopes upward as income decreases. T F
iii. Distinction of fixed and variable cost is maintained even in Long Run. T F
iv. GNP – Capital Allowance = NI T F
v. Macroeconomics is concerned with the output, general level of Prices
and the growth of real output. T F
C: Fill in the Blank. (10)
i. The optimum level of output for a perfectly competitive firm is given by the point where MR = _____________________.
ii. MC is given by the slope ______________________ of curve.
iii. At the point of producer equilibrium MRTSLK = _______________________.
iv. At equilibrium, the slope of Indifference Curve is equal to the _____________________.
v. If the Income elasticity of demand is greater than 1, the commodity is _______________.
P.T.O
Q.2. Give short answer of the following: (10)
i. Define Deflation
____________________________________________________________________________________________________________________________________________________________
ii. Define Money.
____________________________________________________________________________________________________________________________________________________________
iii. Define Business Cycle.
____________________________________________________________________________________________________________________________________________________________
iv. Define National Income.
____________________________________________________________________________________________________________________________________________________________
v. What is concept of Un-employment?
____________________________________________________________________________________________________________________________________________________________
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By ADEEL ABBAS, Bhakkar. AdeelAbbasbk@gmail.com
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