Economics Paper II Past Paper 2014
Developing countries set the frame for the Economics Paper II past paper 2014. Q.2 lists the common features of developing countries like Pakistan. Q.3 separates absolute poverty from relative poverty and lists poverty reduction strategies for Pakistan. Q.4 defines agriculture price policy, lists its kinds, and names its objectives. Q.5 lists the monetary and fiscal measures that promote industrial development. Q.6 names the causes of Pakistan’s balance of payments deficit and suggests fixes. Q.7 separates collective farming from cooperative farming. Q.8 closes with notes on two listed topics. This file holds the Part-II sheet only.
What this paper contains
- This file carries Part-II (the descriptive part) of the paper.
- Part-II — attempt any FOUR questions from Q.2–Q.8; each question carries 20 marks (Part-I holds the 20 MCQs, per the printed header)
Part-II questions
Q.2 — Discuss the common characteristics of developing countries like Pakistan. (20)
Q.3 — Differentiate Absolute Poverty and Relative Poverty. Explain the poverty reduction strategies in Pakistan (20)
Q.4 — Define agriculture price policy and its kinds. What are the objectives of agriculture price policy in developing countries like Pakistan? (20)
Q.5 — Explain the major monetary and fiscal measures to promote industrial development. (20)
Q.6 — Give the causes of deficit in balance of payment in Pakistan and suggest measures to correct the adverse balance of payment. (20)
Q.7 — What is the difference between collective and cooperative farming? Explain the advantages and causes of failure of cooperative farming? (20)
Q.8 — Write NOTES on the following: (10 each) (20)
(a) Trends in Foreign Remittances
(b) Privatization Policy
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