North-Eastern Hill University : MA/MSc Industrial Economics Question Paper
Name of the Organisation : Department Of Economics,North-Eastern Hill University, Shillong
Exam : MA/MSc Question Papers
Subject : Industrial Economics
Year : 2013
Document Type : Model & Past Question Papers
Website : https://www.nehu.ac.in/
Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/13329-Induseco12.pdf
Industrial Economics Question Paper :
Full Marks: 75
Time : Three hours
** The figure in the margin indicate full marks for the questions
** Answer any five questions, taking at least one from each unit
Related : North-Eastern Hill University MA/MSc Techniques of Statistical Analysis Question Paper : www.pdfquestion.in/13322.html
CREDIT – I :
1. Discuss the organizational types of firms on the basis of their ownership. Explain the major characteristics of Joint Stock Company. 7+8
2. What is the theoretical model of price determination of a firm? Examine the various principles of pricing practiced by the industrial firms. 5+10
CREDIT – II :
3. Analyse critically the main motives of product diversification. Differentiate among Lateral, Conglomerate, Diagonal and Vertical diversification. 7+8
4. What do you understand by market concentration? List the various measures of market concentration. How does market concentration influence the market performance of a firm? 5+5+5
CREDIT – III :
5. Discuss the application of ratio analysis in the interpretation of financial statement and in financial analysis. What are its limitations? 10+5
6. What is capital budgeting? Explain the method of calculating payback period and Net Present Value. What are the decision rules in the two methods? 3+8+4
CREDIT – IV :
7. Critically discuss the important measures introduced in the Industrial Policy of 1991. In what way do these policies mark a departure from the policies followed till this period. Has the new industrial policy been successful to make the Indian industries competitive? 5+6+4
8. Write short notes on any two of the following: 71/2 x 2
(a) Problems of Small Scale Industries
(b) Disinvestment of Public Sector Units
(c) Industrial growth in post liberalization period
(d) Industrial sickness
Econometrics -1 :
Full Marks: 75
Time: 3 hours
Note :
** The figures in the margin indicate full marks for the questions
** Answer five questions, selecting at least one from each Credit
CREDIT-I :
1. (a) Define Heteroscedasticity. Describe the consequence of heteroscedastic random disturbance term on the estimation of parameters of a classical regression model.
(b) Describe a suitable method for the detection of heteroscedasticity. 3+9+3
CREDIT- II :
3. (a) Distinguish between qualitative variable and quantitative variable. Describe with some examples how to form an econometric model with qualitative variable.
(b) Describe how logit model is applied to estimate the parameters of a model with dummy dependent variable. 7+8
4. Write short notes on (any two)
(a) Detection of Multicollinearity
(b) Gauss Markov Theorem
(c) Error Correction Mechanism
(d) Estimation of demand function (single equation model) 7.5*2
CREDIT- III :
5. (a) Describe how Koyck’s scheme is applied to reduce the number of parameters of an infinite lag model.
(b) Outline how the econometric models are formed for the purpose of estimation in case of partial adjustment and adaptive expectations model. 6+9
6. (a) Give a brief outline of Instrumental Variable technique.
(b) Describe how causality among the variables is tested. Also describe a suitable test of exogeneity. 5+10
CREDIT-IV :
7. (a) Show that if the elasticity of substitution is unity then the production function will be of Cobb-Douglas type.
(b) Describe a suitable method of estimating CD production function. 9+6
8. (a) Prove that CES production function is an extreme case of CD production function.
(b) Describe how Kmenta’s ILS is applied for estimating parameters of CES production function. 7+8
Indian Economic Problems and Policy :
Full Marks: 75;
Time: 3 hours
Note :
** The figure in the margin indicate full marks for the questions
** Answer five questions, selecting at least one from each Credit
Credit- I :
1 .Discuss the objectives, strategy and achievements of 10th five year plan. (5+5+5)
2. What are the indicators of Human Development Index? Discuss the HDI of different states of India. (7+8)
Credit- II :
3. Discuss Indian labour laws relating to employment agreement, suspension of employment agreement, indemnification of any type of damages and payment of service benefits. (5+5+5)
4. What is inclusive growth? How can it be achieved in India? (6+9)
Credit III :
5. Critically examine the Agriculture Price policy of the Government of India. (15)
6. Discuss the trends in industrial growth during the post reform period. What are the reasons accounting for the unsatisfactory performance of the industrial sector in this period? (7 + 8)
Credit IV :
7. Discuss the banking sector reforms undertaken since 1991. What has been the impact of the reforms on the performance of the banking sector? (7.5 * 2)
8. Write short notes on any two of the following:
(i) Changes in direction and composition of India’s foreign trade
(ii) Main features of the trade policy announced since 1991.
(iii) Liberalised