CLASS 12 ECO -2

7/23/2019 CLASS 12 ECO -2

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Sample Paper-2 (2008-09)

vFkZ”kkL=

le; % 3 ?k.Vs XII vf/kdre vad%100

Instruction:

1. All questions in both the sections are compulsory.2. Marks for questions are indicated against each.

3. Question Nos. 1- and 1!-21 are "ery short-ans#ers questions carrying 1 mark. $hey are required to be ans#ered in one

sentence each.

%. Question Nos. &-1' and 22-2& are short-ans#ers questions carrying 3 marks each. Ans#er to them should not normally

e(ceed &' #ords each.

. Question Nos. 11-13 and 2!-2) are also short-ans#ers carrying % marks each. Ans#er to them should not normally

e(ceed !' #ords each.

&. Question Nos. 1%-1& and 3'-32 are also short-ans#ers carrying & marks each. Ans#er to them should not normally

e(ceed 1'' #ords each.

!. Ans#ers should be brief and to the point and the abo"e #ord limit be adhered to as far as possible.

lekU; funsZ”k %

1- nksuks [k.Mksa ds lHkh iz”u vfuok;Z !a"#- iz$;sd iz”u ds fu/kkZfr vad &lds lkeus fn' (' !a"3- iz$;sd la[;k 1)* r+kk 1,)#1 vfr ?krk$ed iz”u !a fuesa iz$;sd das 1 vad !a"udk &k dso 'd ok2; esa h fn;k kuk !"- iz”u la[;k 4)10 vk! ##)#4 ?krk$ed iz”u !a fuesa iz$;sd das 3 vad !a" iz$;sd dk&k lkek5;r% 40 6k7nksa ls vf/kd uha ksuk 8kf'"*- iz”u la[;k 11)13 vk! #,)#9 Hkh ?krk$ed iz”u !a fuesa iz$;sd das vad !a"iz$;sd dk &k lkek5;r% ,0 6k7nksa ls vf/kd uha ksuk 8kf'"4- iz”u la[;k 1)14 vk! 30)3# Hkh :;k[;k$ed &k oks iz”u !a fuesa iz$;sd ds 4 vad!a" iz$;sd dk &k lkek5;r% 100 6k7nksa ls vf/kd uha ksuk 8kf'",- &k lafk<r r+kk r+;k$ed ksus 8kf' r+kk ;+kklaHko =i nh (Z lhek ds var(Zr h fn'k'>"

Q1. Define Marginal cost. 1 lhekar k(r dks ifHkkfkr dks"

Q2. Define Marginal Rate of Transformation. 1 @khekar Aik5r.k dh n dks ifHkkfkr dks"

Q3. What is Market supply 1 Bkk ifrZ 2;k !a"

Q!. Define e"uili#rium price. 1 l5rCfr dher dks ifHkkfkr dks"

Q$. Define %ro&uction 'unction. 1 &$iknu Du dks ifHkkfkr dks"

Q(. What )ill #e the effect of the follo)ing changes in TR on MR 3 dC vk(e esa fuEuff[kr iforZu dk lhek5r vk(e i 2;k izHkko ksFkk"

*i+TR increases at a &ecreasing ratedC vk(e /kVrh n ls BGrh !"

*ii+TR increases at a constant rate dC vk(e f@+k n ls BGrh !"

Q,. -ien the market price of a goo&/ ho) &oes a consumer &eci&e as to ho) many units of

that goo& to #uy 0plain. 3 o@rC dh Bkk dher nh CZ !I &iHkks2rk d!ls fu/kkZfr ds(k fd o@rC dhfdruh ekJk [khnuh !a" leKkvksa"

1

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Q. Dra) a %ro&uction %ossi#ility cure. What &oes a point #elo) %% in&icate 0plain &$iknu lEHkkouk oL Bukvksa" &$iknu lEHkkouk oL ls uk8s fB5nC 2;kn”kkZrk ! 3

r v+kok

0plain the pro#lem of 45o) to pro&uce6 )ith the help of an eample. d!ls &$iknu ds dh le@;k dks 'd &nk.k Nkk leKkvksa"Q7. What is likely effect on supply of a goo& if the prices of inputs use& in pro&uction of that goo& fall 0plain. 3 ;fn &$iknu esa iz;C2r vk(rksa dh dher f( k;saI rks o@rC dh ifrZ i 2;k izHkkoks(k"

Q18. 5o) is e"uili#rium price an& e"uili#rium "uantity of a normal commo&ity affecte& #y anincrease in the income of the consumer. 3

Lsrk dh vk; BGus i lkek5; o@rC ds l5nHkZ esa l5rCfr dher vk! l5rCfrekJk d!ls izHkkfor ksrh !a"

Q11. %rice elasticity of &eman& is *9+3 if the %rice rises from Rs 18 per unit to Rs 12 per unit/ )hat is the percentage change in &eman& !

eka( dh dher ks8 )3 !";fn o@rC dher 10 A ls 1# A izfr dkZ ks krh !"eka( esa fdrus izfr”kr iforZu ks(k"

r v+kok

: consumer #uy 188 units of a goo& at a price of Rs $ per unit. When price change/ he#uys 1!8 units. What is the ne) price if price elasticity of &eman& is 92 !

'd &iHkks2rk 100 dkZ &$iknu *A izfr dkZ i [khnrk ! B dher esa iforZuksrk !I o 10 o@rC dh

dkZ;ka [khnrk !" o@rC dh uZ dher 2;k ks(h ;fn eka( dh dher ks8 )#

!"Q12. : firms aerage fie& cost of %ro&ucing 2 units of a goo& is Rs 7 an& its total cost

sche&ule is gien #elo) calculate :;< an& M< for each of gien leel of output. ! 'd DeZ dh # dkZ &$iknu dh vk!lr f@+k k(r 9 A !" fuEu dC k(r lk.kh nhCZ !" &$iknu ds iz$;sd @r

i vk!lr iforZu”kh k(r vk! lhek5r k(r Okr dks"

utput&$iknu

T<dCk(r

1 #3

# #,

3 30

Q13. =tate 4>a) of =upply6. What is meant #y the assumption other things remaining the same on )hich the la) is #ase&. ! ifrZ dk fu;e Brkvksa ;fn v5; Bkrs leku s ek5;rk dk 2;k v+kZ ! fli fu;evk/kkfr !a"

r v+kok

<omplete the follo)ing ta#le

fuEuff[kr rkfdk dks i.kZ dhf'"utput&$iknu*units

Total ;aria#le <ostdC iforZu”kh k(r

:erage ;aria#le <ostvk!lr iforZu”kh k(r

Marginal <ostlhaekr k(r

2

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ZdkZ;k>+

Rs. Aesa

Rs. Aesa

Rs. Aesa

1 --- 1' ---

2 ) --- ---

3 --- --- 2%

% --- % ---Q1!. 0plain reasons for ?9 ( dk.k leKkvksa"

*i+ Increasing returns to a factor an& lk/ku dk BGrk izfrD"

*ii+ Increasing returns to scale i!ekus dk BGrk izfrD"

r v+kok

Distinguish #et)een return to factor an& return to scale.

@kk/ku dk izfrD vk! i!ekus ds izfrD esa v5r @iV dks"

Q1$. 0plain the effect of the follo)ing on &eman& for a goo&. ( o@rC dh eka( i fuEuff[kr dk izHkko leKkvksa"

*i+ Rise in income &iHkks2rk dh vk; es oPfQ ksus i*ii+ Rise in prices of relate& goo&s

lEBf5/kr o@rCvksa dh dherksa esa oPfQ ksus ir

v+kok Distinguish #et)een an inferior goo& an& a normal goo&. 0plain the effects of change

in income on each giing suita#le eamples.?kfV;k o@rC o lkek5; o@rCvksa esa foHksn dks" iz$;sd i vk; esa iforZu dk

&f8r &nk.k nsd izHkko leKk'"

Q1(. 0plain the implications of the follo)ing ?9 ( fuEuff[kr dk rk$i;Z leKkvksa %)

*i+ The feature of 4&ifferential %ro&ucts un&er monopolistic competition 'dkf/kdk izfr;ksf(rk Bkk dh o@rC foHksn fo”kskrk" *ii+ The feature 4>arge num#er of #uyers @ sellers6 un&er perfect competition i.kZizfr;ksf(rk Bkk dh vla[;k Lsrk o foLsrk"

*iii+ Distinguish #et)een %erfect competition @ monopolistic competition market.i.kZizfr;ksf(rk r+kk 'dkf/kdkh izfr;ksf(rk Bkk esa Hksn dhf' "

Q1,. Define M%< 1 lhek5r &iHkks( izoPfr dks ifHkkfkr dks"

Q1. Define 'oreign 0change Rate. 1 fons”kh fofue; n dks ifHkkfkr dks"

Q17. Define a -oernment Au&get. 1 ldkh BV dks ifHkkfkr dks"

Q28. Define inflationary -ap. 1

f@Dfrd v5rkr dks ifHkkfkr dks"Q21. What is <entral Aank 1 ds5nzh; B!ad 2;k !a*

3

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Q22. <alculate alue of output from the follo)ing &ata. 3 fuEuff[kr vkdMks ls &$iknu dk eR; Okr dksa"

*Rs in lakhs+*i+ =u#si&y 18 vuCnku*ii+ Interme&iate <onsumption 1$8

e/;orhZ &i;ks(*iii+ Bet a&&ition to stock 913 @Vkd esa 6kCQ oPfQ*i+ Depreciation 28 eR;zkl*+ 0cise Duty 28 &$iknu 6kCRd*i+ Bet alue a&&e& at fc. 2$8 6kCQ eR; oPfQ lk/ku k(r i

r v+kok

<alculate 4Bet ;alue a&&e& at fc from the follo)ing &ata ?9 fuEuff[kr vkdMks ls 6kCQ eR;oPfQ lk/ku k(r i Okr dks %

*Rs in >akhs+*i+ %urchase of ra) material 388

e/;orhZ o@rCvksa dh [khn*ii+ Import &uty 28

vk;kr 6kCRd*iii+ 0cise &uty 38

&$iknu 6kCRd

*i+ Bet a&&ition to stocks $8 6kCQ @VkSd esa oPfQ*+ ;alue of output $88

&$iknu dk eR;*i+ Depreciation 18

eR;zkl

Q23. 0plain any three functions of <ommercial #ank. 3 :;kikfd B!ad ds dksZ 3 dk;Z leKkvksa"

Q2!. <ategories the follo)ing into reenue receipts an& capital receipts. -ie reasons for your ans)er. 3

fuEu dks k@o izkf<r;ksa o iah(r izkf<r;ksa esa Ts.khBQ dks" vius &k ds f'dk.k ns)

*i+ Recoery of >oans U.k dh olh

*ii+ Disinestment of pu#lic enterprises. lkoZfud &eksa esa fofuos”k

*iii+ Registration fee iahd.k 6kCRd

Q2$. =tate three items of current account in #alance of payment account. 3 HkC(rku 6ksk ds 8k [kkrs dh 3 ensa Brkvksa

Q2(. -ie three merits an& &emerits of flei#le echange rate. 3 iforZu”kh fofue; n ds 3 (C.k o 3 vo(C.k f[kks"

%

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Q2,. What is meant #y Reenue Deficit 5o) &oes it &iffer from fiscal &eficit ! k@o /kkVs dk 2;k vfHkizk; ! ; kdkskh; /kkVs ls d!ls fHk5u !"

Q2. =tate the role of <entral Aank as a #anker to the -oernment. ! ds5nzh; B!ad ds ldk dk B!ad ds Ai esa Hkfedk f[kks"

r v+kok

Descri#e the follo)ing functions of money. eCnzk ds fuEu ff[kr dk;ksZ dk o.kZu dks%

*i+ Me&ium of 0change fofue; dk ek/;e*ii+ =tan&ar& of &eferre& payment HkC(rku dk ekud

Q27. :s a result of Increase in Inestment #y Rs 288 crores/ total Income rises #y Rs 2888<rores. 'in& out the alue of M%< an& M%=. !

#00 dksM A0 dk fuos”k BGkus ls #000 dksM A0 vk; BG krh !"lhek5r &iHkks( o lhek5r B8r izoPfr Okr dks"

Q38. Will the follo)ing #e inclu&e& in -ross Bational %ro&uct -ie reasons for your ans)er. 2;k fuEuff[kr dks ld kVzh; &$iknu esa 6kkfe ds(sa" vius &k ds ik es

rdZ nks ) 4*i+ %rofit earne& #y a foreign company in In&ia.

Hkkr esa fons”kh dEifu;ksa Nkk vfZr kHk"*ii+ Money receie& from sale of an ol& house.

iCkus edku dks Bs8d izk<r vk;"*iii+ =cholarship receie& #y a stu&ent.

'd fok+khZ dks izk<r WkJoPfk"Q31. 0plain the concept of inflationary gap. Cse &iagram. :lso eplain on fiscal measure to

correct. ( f@Dfrd v5rk s[kkf8J Nkk leKkvksa" ls fXd dus ds kdkskh; &ik;

leKkvkssa"r

v+kok 0plain the concept of un&er employment e"uili#rium )ith the help of a &iagram. =ho)

on the same &iagram the a&&itional inestment epen&iture re"uire& to reach fullemployment e"uili#rium.

s[kkf8J dh lk;rk ls vRi ks(k l5rCu leKkvksa" s[kkf8J esa n”kkZvksafdruk vfrf2r fuos”k :;; i.kZ ks(k

l5rCu ds f' vko”;d !a"

Q32. 'rom the follo)ing information/ calculate Bational Income #y ( fuEuff[kr l8uk ls kVzh; vk; Okr dsa)

*i+ Income Metho&/vk; fof/k

*ii+ 0pen&iture Metho&. :;; fof/k ls

*Rs in <rores+ A dksM esa

*i+ 'actor income from :#roa& 18 fons”kh ls lk/ku vk;

*ii+ <ompensation of 0mployees 1$8 deZ8kf;ksa dk ikfTkfed

*iii+ Bet &omestic capital formation $8 6kCQ /ks i>h fuekZ.k

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*i+ %riate 'inal <onsumption 0pen&iture 228 fuh vf5re &iHkks( :;;

*+ 'actor income to :#roa& 1$ fons”kks dks lk/ku vk;

*i+ <hange in stock 1$@V>kd esa iforZu

*ii+ 0mployer6s <ontri#ution to social security scheme 18 lkekfd lCkk esa fu;ks2rkvksa Nkk va”knku*iii+ <onsumption of fie& capital 1$ f@+k i>h dk &iHkks(*i+ Interest !8

7;k*+ 0ports 28 fu;kZr *i+ Imports 2$ vk;kr*ii+ In&irect Taes 38

viz$;k d*iii+ =u#si&ies 18 vuCnku*i+ Rent !8 (ku*+ -oernment final consumption epen&iture $ ldkh vf5re &i;ks( :;;*i+ %rofit 188

kHk

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CLASS 12 ECO -2