Answer the follwoing problems.
problem 1) Describe the Real Balance Effect.
problem 2) Give an account of Keynes Demand-pull inflation.
problem 3) Bring out briefly the role of commercial banks in the economic development of a country.
problem 4) prepare down the chief objective of monetary policy.
problem 5) Describe the working of money market policy.
problem 6) prepare down the major function of non-banking financial intermediaries.
problem 7) prepare a detailed note on the criticism of Ricardo’s Theory of International Trade.
problem 8) What are the causes for International Liquidity problem?
problem 9) Describe critically Fisher’s Quantity Theory of Money.
problem 10) Describe the causes and measures to control inflation.
problem 11) describe the methods credit control adopted Central Banks.
problem 12) Describe the Heckscher-Ohilins’ Theory of Trade.