No.

of Printed Pages : 7

EEC-10

BACHELOR'S DEGREE PROGRAMME

Term-End Examination

CV

June, 2012
ELECTIVE COURSE : ECONOMICS

EEC-10 : NATIONAL INCOME

ACCOUNTING
Time : 3 hours
Maximum Marks : 100
(Weightage : 70%)
Note : Attempt Questions from each section as directed.

1.

SECTION-A
(Long Answer Questions)
Attempt any two questions from this section :2x20=40
What is national income ? In what way its study
is useful in understanding the structure of an
economy ?

2.

Differentiate between stocks and flows. Explain

how to derive a national balance sheet ?

3.

Define portfolio investment. Explain world

scenario of portfolio investment. What role does
portfolio investment play in National Income
Accounting ? Discuss.

4.

Differentiate between primary, secondary and

tertiary sectors of the economy. Describe the
sources of data for each sub-sector in the economy
for preparing national income accounts.

EEC-10

P.T.O.

SECTION-B
(Medium-Length Answer Questions)
Answer any four questions from this section. 4x12=48
5.

What do you mean by economic activity ? State

the basic and modified criteria of economic
activity.

6.

Explain the concept of transfer payments.

Distinguish between current and capital
transfers. State different kinds of current
transfers.

7.

Describe evolution of national income accounting

in India. Critically evaluate its present state.

8.

Define consumption. What are the sources of

consumption expenditure ? Examine problems
in estimating consumption expenditure.

9.

Define savings. Briefly explain sectoral

distribution of savings. Why is level of savings
low in India ?

10.

State industrial classification of Indian

economy. How is gross value added estimated
in each sector ?

EEC-10

SECTION-C
(Short-Answer Questions)
11.

Distinguish between any two of the following :

(a) Market and non-market services.
2x3=6
(b) Departmental and non-departmental
commercial undertakings in the public
sector.
(c)

12.

Production account and value-added

account of a production unit.

Define any three of the following :

(a) Green Index
(b) Environmental Accounting
(c) Unorganised manufacturing
(d) Gross Domestic Capital Formation
(e) Input-output Accounts

EEC-10

3x2=6

P.T.O.

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EEC-10

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EEC-10

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EEC-10

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