PHASE TEST 3

I.COM (BOYS & Girls) Total Marks 50

SUBJECT: Economics Time – 1:30

Attempt any 3 Questions. Question No.4 is compulsory.

1. What is national income? Explain the methods of national income measurement. (20)
2. Discuss cannons of good taxation system. (20)
3. Critically examine the Recardian theory of rent. (20)
4. Describe major objectives of Fiscal Policy briefly. (10 )

i.

PHASE TEST 3

I.COM (BOYS & Girls) Total Marks 50

SUBJECT: Economics Time – 1:30

Attempt any 3 Questions. Question No.4 is compulsory.

1. What is national income? Explain the methods of national income measurement. (20)
2. Discuss cannons of good taxation system. (20)
3. Critically examine the Recardian theory of rent. (20)
4. Describe major objectives of Fiscal Policy briefly. (10 )