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S.No. Name Designation
1.
Mrs. Neelam Vinayak
(Team Leader)
V. Principal
G.G.S.S. Deputy Ganj
Sadar Bazar Delhi-110006
2. Dr. Haresh Pandey Lecturer (Economics)
Rajkiya Pratibha Vikas Vidyalaya
Kishan Ganj Delhi-110007
3. Mr. Subedar Yadav Lecturer(Economics)
GBSSS BL-Block
Shalimar Bagh, Delhi-110088
4. Mr. Saket Kumar Lecturer(Economics)
R.P.V.V. Sector-11 Rohini
Delhi-110085
5. Mr. Ajay Kumar Lecturer(Economics)
R.P.V.V. Nand Nagri
Delhi
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(30)
2015-16, 100 3
(A)
6 11 1
16 34 2
16 34 3
12 31
4
50 110
15 32 5
8 18 6
12 27 7
8 17 8
7 16 9
50 110
3-5
1 Economics-XII
(E)
30% .1
50% .2
20% .3
(F)
3-5
2Economics-XII
6 .1
12 .2
25 .3
40 .4
52 .5
76 .6
80 .7
91 .8
98 .9
.10
.11
.12
2015 .13
3 Economics-XII
1 -
(a)
(b)
1
2
3
(PPC)
4Economics-XII
(a)
MRT (b)
PPC
PPC
(MRT)
(MRT)
1
(b) (a)
(d) (c)
2
(b) (a)
(d) (c)
5 Economics-XII
3
(b) (a)
(d) (c)
4
(b) (a)
(d) (c)
5
(b) (a)
(d) (c)
PPC 6
(b) (a)
(d) (c)
7
0 100
25 90
0.4 (b) 1 (a)
0.25 (d) 10 (c)
8
-x (b) (a)
(d) (c)
6Economics-XII
3-4
1
2
3
4
5
6
7
H.O.T.S
8
9
(a)
(b)
(c)
10
11
7 Economics-XII
MOC 12
0 100 A
1 95 B
2 85 C
3 70 D
4 50 E
5 25 F
13
'B' 'A'
0 20 A
1 18 B
2 14 C
3 8 D
4 0 E
30000 40,000 1
PPC 2
8Economics-XII
3
4
MCQ
(d) 3 (d) 2 (a) 1
(a) 6 (b) 5 (d) 4
(a) 8 (b) 7
3
MOC 13
— A
5 B
10 C
15 D
20 E
25 F
9 Economics-XII
2 -
—
(satisfaction) —
—
—
—
—
—
—
x (MRS)
y
—(Indifference Curve)
10Economics-XII
1
2
3
4
(a)
'Utils' (i)
MUx = PxMUm = 1
MUm x MUX
x PX
(ii)
(iii)
(b)
(i)
(ii)
x
Y
(iii)
11 Economics-XII
—
—
—
—
—
(a)
(b)
(c)
(d)
(e)
12Economics-XII
1 1
2 2
3 3
4 4
5 5
—
—
ed > 1 –1-
ed = 1 –2- ed < 1 –3-
13 Economics-XII
=
= P = P
= Q = Q
= P
= Q
= P
= Q
= ED
ED =
14Economics-XII
(b) (a)
(d) (c)
(f) (e)
(g)
1
(b) (a)
(d) (c)
15 Economics-XII
(Utility Analysis) 2
(b) (a)
(d) (c)
3
TU (b) TU (a)
TU (d) TU (c)
4
(b) (a)
(d) (c)
5
(b) (a)
(d) (c)
6
(b) (a)
(d) (c)
7
(b) (a)
(d) (c)
16Economics-XII
8
y x (b) y x (a)
y x (d) x (c)
3-4
1
2
3
4
X (a)
X (b)
X (c)
5
6
7
X 8
9
10
(i)
17 Economics-XII
(ii)
(iii)
11
12
(i)
Y (ii)
X (iii)
13
14
(i)
(ii)
15
(a)
(b)
(c)
16
17
18
19
(a)
(b)
18Economics-XII
6 12 7 20
72
10 9 9 10 21
24 20 5 22
120
Y 20% X Y X 23
Y X 40%
H.O.T.S.
100 20% X Y X 24
8% Y 250
25
26
(ii) (i)
(iv) ? = MU (iii)
19 Economics-XII
27
(a)
(b)
28
Y X 29
30
31
32
33
6
1
2
3
4
5
6
(a)
(b)
20Economics-XII
7
H.O.T.S.
8
(a)
(b)
9
(a)
(b)
(c)
10
11
(i)
(ii)
(iii)
1
2
21 Economics-XII
MCQ
(b) 3 (a) 2 (c) 1
(b) 6 (c) 5 (a) 4
(a) 8 (b) 7
22Economics-XII
3 -
—
AP =
L
1
2
3
4
AP MP > AP 5
AP MP = AP 6
AP MP < AP 7
23 Economics-XII
'U' MP AP 8
—
— (A)
— (B)
— (C)
—
(TC) (AC) (MC)
24Economics-XII
TC = TFC + TVC
X
TFC = TC – TVC
TFC = AFC Q
TVC = TC – TFC
TVC = AVC Q
AC = AFC + AVC
AFC = AC – AVC
AVC = AC – AFC
MC = TVCn – TVC(n – 1)
25 Economics-XII
TCTVC -xTFC
AVC MC < AVC
AVC MC =AVC
AVC MC > AVC
AC MC < AC
AC AC = MC
AC MC > AC
AR MR AR MR > AR
AR MR = AR
AR MR < AR
–
X (i)
AR = MR
26Economics-XII
(ii)
TR MRAR
AR > MR MR MR AR (i)
AR MR (ii)
MR
TR (iii)
TR MR MR TR (iv)
TR MR
(A)
MC = MR MC MR (a)
(b)
—
—
—
27 Economics-XII
—
—
—
—
—
—
—
—
—
—
—
—
= ES
1
28Economics-XII
= ES
-x 2
X (i
X (ii
(iii
29 Economics-XII
(i (i
(ii (ii
(iii (iii
(iv (iv
1
(b) (a)
(d) (c)
2
(b) (a)
(d) (c)
3
Es = 1 (b) Es > 1 (a)
Es = 0 (d) Es < 1 (c)
4
(b) (a)
(d) (c)
30Economics-XII
5
(b) (a)
(d) (c)
-x 6
TVC (b) AFC (a)
TC (d) TFC (c)
-y 7
(b) Es = 0 (a)
(d) Es = 1 (c)
8
AR < MR (b) AR > MR (a)
(d) AR = MR (c)
9
MP (b) MP (a)
MP (d) MP (c)
10
AP = MP (b) AP > MP (a)
(d) AP < MP (c)
3-4
1
2
3
31 Economics-XII
4
5
6
'U' 7
8
9
(A)
(B)
(C)
10
11
12
13
8 7 6 5 4 3 2 1 0
32 34 34 32 28 22 14 4 0
14
MC TC AVC (Rs.) (Rs.) (Rs.)
20 60 ___ 1___ ___ 18 2
18 ___ ___ 3___ 120 20 4___ ___ 22 5
32Economics-XII
20 3 15
3 2 1
32 28 30 (Rs.)
16
TR MR
(Rs.) (Rs.) (Rs.) 10 ___ ___ 1
___ 4 ___ 2
15 ___ ___ 3
___ ()3 ___ 4
16
17
18
19
20
21
(a)
(b)
400 20% X Y X 22
8% Y 500
33 Economics-XII
H.O.T.S
1
2
3
4
(A)
MRAR (B)
5
(A)
(B)
6
(A)
AVC AC (B)
7
8
9
(a)
(b)
10
6
1
34Economics-XII
2
3
(A)
(B)
MC = AC (C)
4
(A)
(B)
(C)
5
(a)
(b)
(c)
1
2
MCQ(b) 3 (c) 2 (b) 1
35 Economics-XII
(c) 6 (b) 5 (a) 4
(d) 9 (d) 8 (a) 7
(b) 10
3-4
12
___ 0 04 4 1
10 14 2
8 22 36 28 44 32 52 34 60 34 7
2 32 8
14
TFC(Rs.)
TVC(Rs.)
MC(Rs.)
TC(Rs.)
AVC(Rs.)
4040404040
20365480
110
2016182630
607694
120150
2018182022
12345
15
MC
(Rs.)
ATC
(Rs.)
TC
(Rs.)
TFC
(Rs.)
AFC
(Rs.)
TVC
(Rs.)
AVC
(Rs.)
302640
905852
90116156
606060
603020
305696
302832
123
36Economics-XII
X 22 X ______________________
X
Y12.5% ______________________
Y
Y ______________________
8%
Y
37 Economics-XII
4-
OX
38Economics-XII
(a)
(b)
(c)
(d)
(Monopoly Market)
(a
(b
(c
(d
(e
MR AR
(Ed < 1) AR
AR = 2MR
39 Economics-XII
(Monopoly Competition)
MR AR
(Ed > 1) AR
AR = 2MR
(Oligopoly)
40Economics-XII
1
2
Ed = 0
Ed < 1
Ed > 1
41 Economics-XII
XMRAR
MRAR
(Homogenous)
(Hetrogenous)
42Economics-XII
AR = MR 1
(b) (a)
(d) (c)
2
(b) (a)
(d) (c)
3
(b) (a)
(d) (c)
4
(b) (a)
(d) (c)
5
(b) (a)
(d) (c)
6
(b) (a)
(d) (c)
43 Economics-XII
(Equilibrium Price) 7
(b) (a)
(d) (b) (a) (c)
(Excess Demand) 8
(b) (a)
(d) (c)
Ceiling 9
(a)
(b)
(c)
(d)
Fixation 10
(b) (a)
(b) (a) (d) (b) (a) (c)
3-4
1
2
3
4
5
44Economics-XII
6
7
8
9
10
11
H.O.T.S.
MA < AR MR = AR 12
13
14
15
16
6 1
2
(i)
(ii)
3
4
45 Economics-XII
5
6
7
8
9
(i)
(ii)
1
2
MCQ
(a) 3 (c) 2 (b) 1
(c) 6 (c) 5 (d) 4
(d) 9 (a) 8 (d) 7
(c) 10
46Economics-XII
H.O.T.S.
MR AR 1
3-4
13
6
6
47 Economics-XII
(i)
(ii)
OX OY
OX OY
1
2
3
4
5
48Economics-XII
1
2
3
4
5
6
49 Economics-XII
5-
= –
50Economics-XII
(i)
(ii)
(iii)
(iv)
GDPMP
GDPMP
NDPMP
NDPMP = GDPMP –
(NDPFC)
51 Economics-XII
(GNPMP )
GNPMP (NNPMP)
NNPMP = GNPMP –
(NNPFC)
NNPFC = NDPFC + NFIA =
(a)
(b)
(NNPMP) (NDI)
NDI = NNPMP +
= + + (Gross NDI)
= GNPMP + 52Economics-XII
(Net NDI)
= NNPMP + NDI –
GNPMP +
=
+
+
NDPFC =
NFIA +
GDPMP +
(GDPMP) =
+
+
GDPMP =
–
=
–
=
+
(GDPMP) =
+
+
+
=
–
=
–
=
+
53 Economics-XII
.3 .2 .1
– :NIT
:MP
:FC
Dep
:NP
:DP
:NFIA
—
(i)
(ii)
(iii)
54Economics-XII
55 Economics-XII
(+)
(+)
(–)
(–)
(+)
(+)
(–)
(+)
(–)
(+)
(–)
(+)
(–)
(–)
(–)
(+)
(–)
(+)
(–)
(–
)
(+)
(+
)
(–)
(GNDI)
GNDI = GNPMP +
(NNDI)
NNDI = NNPMP +
NDI – = GNPMP + –
56Economics-XII
57 Economics-XII
(PDI) +
+
+
+
+
–
–
–
–
NDPFC
–
–
–
NFIA +
NNPFC
58Economics-XII
(PDI) +
NNPFC
NDPFC
+
+
+
+
–
–
–
–
–
–
–
NFIA +
GDP
GDP
GDP —GDP
—GDP
GDP GDP
GDP GDP
GDP
—
GDP —
GDP
GDP
GDP
59 Economics-XII
1
(a)
(b)
(c)
(d)
2
Inventory (b) (a)
(d) GDPmp (c)
3
(b) (a)
(d) (c)
4
NFIA GDPmp GNPmp (a)
NFIA GDPmp GNPmp (b)
FITA FIFA GDPmp GNPmp (c)
NFIA GDPmp GNPmp (d)
Transfer 5
(b) (a)
(d) (c)
6
(b) (a)
(d) (c)
60Economics-XII
NFIA 7
(a)
(b)
(c)
(d)
8
Inventory (b) (a)
(d) (c)
Leakage 9
(b) (a)
(b) (a) (d) (c)
10
(b) (a)
(d) (b) (a) (c)
3 1
2
3
4
5
6
7
61 Economics-XII
(ii) (i)
(iv) (iii)
(vi) (v)
8
9
10
(i)
(ii)
11
12
W.H.O (i)
(ii)
13
(i)
(ii)
H.O.T.S.
14
15
(a)
(b)
62Economics-XII
16
NFIA 17
18
6
1
(a)
(b)
(c)
2
(a)
(b)
(c)
3
4
5
(a)
(b)
(c)
6
63 Economics-XII
7
8
(a)
(b)
(c)
9
10 (i)
150 (ii)
25 (iii)
50 (iv)
05 (v)
10
(i)
(ii)
(iii)
11
(i)
(ii)
(iii)
64Economics-XII
12
(i)
(ii)
(iii)
GVAMP 1
100 Y X (i)
150 X Y (ii)
200 X (iii)
300 Y (iv)
30 Y (v)
(–)20 X (vi)
10 Y (vii)
NVAFC 2
40 (i)
800 (ii)
30 (iii)
100 (iv)
65 Economics-XII
20 (v)
50 (vi)
500 (vii)
200 (viii)
60 (ix)
300 2000 100 3
200 1500
NNPFC (b) NDPFC (a) 4
250 (i)
–50 (ii)
900 (iii)
(iv)
900 (a
800 (b
400 (c
(v)
400 (a
300 (b
100 (c
80 (vi)
66Economics-XII
100 (vii)
100 (viii)
10 (ix)
–20 (x)
FITA = 90 Crore (b) GDPFC = 2600 Crore (a)
(b) (NNPFC) (a) 5
10 (i)
60 (ii)
90 (iii)
80 (iv)
70 (v)
100 (vi)
40 (vii)
30 (viii)
50 (ix)
10 (x)
1100 (xi)
— (xii)
1470 = GNDI (b)NNPFC = 1320 (a)
(b) (GDPMP) (a) 6
500 (i)
67 Economics-XII
40 (ii)
1500 (iii)
2500 (iv)
90 (v)
300 (vi)
400 (vii)
120 (viii)
250 (ix)
650 (x)
700 (xi)
50 (xii)
FIFA = 120 GDPMP = 3050
(b) (GDPMP) (a) 7
300 (i)
100 (ii)
50 (iii)
110 X (iv)
70 Y (v)
30 (vi)
60 (vii)
68Economics-XII
(b) (a) 8
212 (i)
2500 (ii)
180 (iii)
500 (iv)
80 (v)
23 (vi)
100 (vii)
20 (viii)
70 (ix)
30 (x)
(b) (a) 9
300 (i)
750 (ii)
150 (iii)
120 (iv)
200 (v)
220 (vi)
(–) 20 (vii)
69 Economics-XII
700 (viii)
50 (ix)
150 (x)
20 (xi)
950 (a)
915 (b)
10
100 (i)
110 (ii)
120 (iii)
800 (iv)
70 (v)
75 (vi)
600 (vii)
20 (viii)
200 (ix)
25 (x)
80 (xi)
30 (xii)
50 (xiii)
130 (xiv)
70Economics-XII
(c) (b) (a) 11
100 (i)
80 (ii)
500 (iii)
30 (iv)
65 (v)
20 (vi)
10 (vii)
20 (viii)
5 (ix)
150 (x)
15 (xi)
405 (c) 425 (b) 520 (a)
status 1
2
MCQ
(d) 3 (d) 2 (a) 1
(b) 6 (d) 5 (d) 4
71 Economics-XII
(b) 9 (b) 8 (d) 7
(b) 10
6 X = + – 1
= 200 + (–20) – 100
= Rs. 80 Lakh
Y = + – = 300 +10 – 150
= Rs. 160 Lakh
GVAMP = X + Y = 800 +160
= Rs.240 Lakh
NVAFC = + – – – 2
= 800 + (–50) –500 –30 + 40
= Rs. 280 Lakh
=200 100 = 20000 3
= 2000 + 3000 + 1500 = 6500
= – = 20000 – 6500
= Rs. 13500
NAPFC 4
(a) = (iii) + (viii) + (i) + (ii) – (iv) – (vii) – (ix)
= 900 + 100 + 250 + (–50) – 80 – 90
= Rs. 1110 Crore
72Economics-XII
(b) = (iv) – (v) – (vi) – (vii) + (ix) + (x)
= 2100 – 800 – 80 – 100 + 10 + (–20)
= 2100 – 990
= Rs. 1110 Crore
(NNPFC) 5
(xi) + (vi) + (vii) + (x) – (viii) – (ix) + (i) + (ii) + (iv) =
1100 + 100 + 40 + 10 – 30 – 50 + 10 + 60 + 80 =
1320 =
(GNDI) NNPFC + (iii) + (v) – (i) =
1320 + 90 + 70 – 10 =
1470 =
GDPMP (a) 6
NDPFC = (ii) + (v) + (vi) + (vii)
= 1500 + 500 + 300 + 400
= 2700
GDPMP = NDPFC + CFC + NIT
CFC = (GFCF + S) – 650
= (700 + 50) – 650
= 100
NIT = 250
GDPMP = 2700 + 100 + 250
= 3050
(FIFA) (b)
GNPFC = GDPMP + NFiA – NIT
73 Economics-XII
280 = 3050 + NFIA – 250
NFIA = 0
NFIA = FIFA – FIPA
0 = FIFA – 120
FIFA = 120 Crore
(GDPMP) 7
(GVAMP) = 300 + 100 + 50 + 60 – 110 – 70 – 30
= 300 Cr
NDPFC = (iii) + (iv) + (v) + (vi)
= 3000 + 800 + 900 + 1300 = 6000
GDPMP = NDPFC + CFC + NIT
CFC = GDCF – NDCF
= (GFCF + S) – NDCF
= (850 + 50) – 800
= 100
NIT = 300
GDPMP = 6000 + 100 + 300 = 6400 Crore
FIFA
GNPFC = GDPMP + NFIA – NIT
6150 = 6400 + NFIA – 300
NFIA = 50
NFIA = FIFA – FIP
50 = FIFA – 80
FIFA = Rs. 130 Crore
74Economics-XII
(ii) + (iii) + (viii) = (NNDT) 8
2500 + 180 + 20 =
2700 =
(ii) – (iv) + (vii) + (viii) + (x) – (ix) – (v) =
2500 – 500 + 100 + 20 + 30 – 70 – 80 =
2000 =
9
(ii) + (x) + (vi) + (vii) – (ix) + (xi) + (iv) = 750 + 150 + 220 + (–20) – 50 + 20 – 120 =
950 =
(i) + (v) + (viii) – (iii) – (iv) + (xi) =
300 + 200 + 700 – 150 – 120 + 20 =
950 =
NNPFC 10
= 100 + 55 + 200 + 25 + 20 + 130 + (–(30)
= 1000 Cr
NNPFC = 800 + 1000 + 120 + 70 – 10 – 50 + (–30)
= 1000 Cr
520 – (i) 11
425 – (ii)
405 – (iii)
75 Economics-XII
6-
(Double Coincidence) 1
2
3
4
5
76Economics-XII
LRR
K
2 1
4 3
Repo Rate
Reverse Repo Rate
1
(b) (a)
(d) (c)
77 Economics-XII
2
(b) (a)
(d) (b) (a) (c)
instrument RBI 3
(b) (CRR) (a)
(d) (c)
legal tendor money 4
(b) (a)
(d) (c)
RBI 5
(b) (a)
SLR (d) CRR (c)
3-4
1
2
3
4
Reserve Repo Rate Repo Rate 5
CRR SLR CRR SLR 6
7
78Economics-XII
8
9
H.O.T.S.
10
11
12
13
6 1
2
3
4
MCQ
(c) 3 (c) 2 (d) 1
(b) 5 (c) 4
79 Economics-XII
7-
(AD)
(C) (i)
(F) (ii)
(G) (iii)
(X-M) (iv)
AD = C + I
AS = C + S
AS = Y
C = F(Y) (C) (Y)
= C
= Y
= F
APC (i)
MPC (ii)
80Economics-XII
APC
APC > 1 APC (i)
APC = 1 (ii)
APC < 1 (iii)
APC (iv)
APC (v)
(MPC)
MPC
1 MPC 1
MPC = 1 C = Y
MPC = 0.1 C = 0
MPC 2
APS APS 3
APS 4
S = f (Y)
= f = Y = S —
81 Economics-XII
S = S + MPS(Y)
= S
MPS APS
(APS)
APS 1
S = 0 C = Y APS 2
APS APS 3
(Dissaving)
APS 4
(MPS)
MPS
S = Y MPS = 1 1
S = 0 MPS = 0 2
(APC)
APC + APS = 1
Y = C + S
82Economics-XII
Y
1 = APC + APS
APS APC APS = 1 – APCAPC = 1– APS
(MPS)
MPS 1 MPC MPC + MPS = 1
1
Y = C + S
Y = C + S
Y
1 = MPC + MPS
MPC = 1 – MPS
MPS = 1 – MPC
1 MPS MPC
1
2
1
83 Economics-XII
2
AD = ASS = I
AS AD
84Economics-XII
AS (AD)
(AD)
—
—
— — —
— —
—
— —
—
1
(b) (a)
(d) (c)
85 Economics-XII
2
(APS) (b) (APC) (a)
(MPS) (d) (MPC) (c)
3
(b) (a)
(d) (c)
MPC 4
MPS (b) APC (a)
(d) APS (c)
Monetary Policy 5
(b) (a)
(d) SLR (c)
6
(b) (a)
(d) SLR (c)
7
(b) (a)
(d) (c)
0.75 MPC 8
K = 5 (b) K = 4 (a)
K = 3 (d) K = 2 (c)
86Economics-XII
(Break even point) 9
C = Y (b) APC = 1 (a)
(d) O = (c)
10
(b) (a)
(d) (c)
3-4 1
2
3
4
5
6
7
8
9
0 1 (i)
(ii)
10
(i)
1 (ii)
87 Economics-XII
(ii) (i) 11
12
13
14
MPS 15
16
(MPS) (MPC) 17
125 0.8 18
S = – 40 + 0.25y 60 19
20
21
AD > AS 22
H.O.T.S
1500 2000 1
750 1000 2
K (K) MPS = MPC 3
MPS 0.9 APS 4
88Economics-XII
5
APS MPC — 90 — 0
— — 0.6 100
— — 0.6 200
— — 0.6 300
MPC APS 6
400 300 200 100 0 000
360 280 200 120 40 000
6 1
2
3
4
reverse 5
6
7
8
89 Economics-XII
= Y = S S = –50 + 0.5 Y 9
700
(i)
(ii)
800 = Y = C C = 100 + 0.75 Y 10
(i)
(ii)
11
C = 100 + 0.5 Y
APC
6H.O.T.S.
12
1 13
14
15
16
90Economics-XII
MPC = 0.8 17
AS
(C+S)
AD
(C+1)
(I)
(S)
(c)
(y)
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
40
40
40
40
40
40
40
40
–60
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
100
200
300
400
500
600
700
1 Inflation is unjust but deflation is inexpedient but out of those two deflation is
worst. Do you agree? Give reasons.
MCQ
(c) 3 (b) 2 (b) 1
(b) 6 (d) 5 (b) 4
(c) 9 (d) 8 (a) 7
(c) 10
91 Economics-XII
(HOTS) 3/4
1
2
K = 2 3
1 K
MPS = 1 – MPC = 1 – 0.9 = 0.1 4
5
MPC APS
00 00
0.8 — 40 0
0.8 – 0.2 120 100
0.8 0.0 200 200
0.8 0.067 280 300
0.8 0.1 360 400
92Economics-XII
6
APS MPC
— –90 — 0
– 0.5 150 0.6 100
– 0.05 210 0.6 200
– 0.1 270 0.6 300
93 Economics-XII
8-
31
—
—
1
2
3
4
5
(a)
(b)
94Economics-XII
Disinvestment)
1
2
1
2
95 Economics-XII
1
2
1
2
– =
1
2
3
> =
1
2
3
– =
=
96Economics-XII
1
2
3
> =
=
1
(b) (a)
(d) (Monetary) (c)
2
(b) (a)
(d) (c)
70 Liabilities (Borrowings) 3
30 (b) (a)
70 (d) (c)
4
(b) (a)
(d) (c)
97 Economics-XII
75000 (Borrowings) 50,000 5
75000 (b) 50,000 (a)
125000 (d) 25000 (c)
Liabilities (Borrowings) 6
(b) (a)
(d) (c)
7
(PF) (b) (a)
(d) (c)
8
(b) (a)
(d) (c)
9
(b) (a)
(d) (c)
3-4 1
2
3
98Economics-XII
4
5
6
7
8
9
10
3-4H.O.T.S.
11
12
13
14
(i)
(ii)
(iii)
(iv)
(c) (b) (a) 15
120 (i)
100 (ii)
99 Economics-XII
80 (iii)
70 (iv)
140 (v)
30 (vi)
16
(i)
(ii)
17
6 18
(a)
(b)
(c)
ONGC (d)
NSC (e)
2014-15 (f)
19
(i)
(ii)
(iii)
100Economics-XII
(iv)
(v)
(vi)
1
2
3
MCQ
(d) 3 (c) 2 (a) 1
(d) 6 (b) 5 (a) 4
(c) 8 (d) 7
3-4
(i) 15
(ii)
(iii)
(iv)
101 Economics-XII
6
(a) 18
(b)
(c)
(d)
(e)
(f)
(i) 19
(ii)
(iii)
(iv)
(v)
(vi)
102Economics-XII
9-
(Current A/c) (Capital A/c)
1
2
3
1
2
3
4
5
103 Economics-XII
1 1
2 2
3
1
2
3
4
104Economics-XII
5
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
(iii)
(iv)
(i)
(ii)
(iii)
105 Economics-XII
—
—
1
(b) (a)
(d) (c)
2
(b) (a)
(d) (c)
106Economics-XII
3
(b) (a)
(d) (c)
4
(b) (a)
(d) (c)
(Devaluation) 5
(b) (a)
(d) (c)
(Foreign exchange) 6
(b) (a)
(d) (c)
7
(b) (a)
(d) (c)
8
(b) (a)
(d) (c)
9
(b) (a)
(d) (c)
107 Economics-XII
3-4 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
108Economics-XII
6
1
2
3
4
(Shares) TISCO (a)
(b)
(c)
(d)
(e)
(f)
1
2
3
109 Economics-XII
MCQ
(d) 3 (a) 2 (c) 1
(d) 6 (a) 5 (d) 4
(c) 9 (c) 8 (a) 7
110Economics-XII
1
100 3
1 1916 41 (i)
60 3 2120 105 (ii)
70 4 2522 11 (iii)
100 6 2926 1512 (iv)
(v)
1
(b) (a)
(d) (b) (a) (c)
2
111 Economics-XII
S2 (b) S1 (a)
(d) S3 (c)
3
(b) (a)
(d) (c)
4
(b) (a)
(d) (c)
5
6
7
AVC ATC 8
9
7 1.25 10 5 10
11
12
(Commodity) 13
(ii) (i)
112Economics-XII
MPP TPP 14
15
(RBI) 16
(b) (a)
(d) (c)
17
(b) (a)
(d) (c)
MPC = MPS 18
K = 05 (b) K = 4 (a)
K = 3/4 (d) K = 2 (c)
19
(b) (a)
(d) (c)
20
21
22
113 Economics-XII
23
24
25
26
(i)
(ii)
60 C = 1100 + 0.94 27
(i)
(ii)
28
(i)
(ii)
29
1100 (i)
120 (ii)
5 (iii)
90 (iv)
30 (v)
80 (vi)
20 (vii)
114Economics-XII
50 (viii)
100 (ix)
70 (x)
40 (xi)
GNPMP
1100 (i)
120 (ii)
750 (iii)
250 (iv)
800 (v)
40 (vi)
20 (vii)
60 (viii)
10 (ix)
115 Economics-XII
2
100 3
1 1916 41 (i)
60 3 2120 105 (ii)
70 4 2522 11 (iii)
100 6 2926 1512 (iv)
(v)
1
(b) (a)
(Ordinal preferences) (d) (Cardinal preferences) (c)
2
MP > AP (b) MP (a)
MP < AP (d) MP AP > MP (c)
3
(b) (a)
(d) (c)
116Economics-XII
(PC) (O) (MC) (M) 4
M, MC, PC, O (b) PC, MC, M, O (a)
M, O, MC, PC (d) MC, O, PC, M (c)
5
6
(i)
(ii)
7
8
MR
TR
—
2
—
–2
6
—
6
—
1
—
3
—
—
4
—
1
(Veriable cost) (Fixed cost) 9
(i)
(ii)
(iii)
(iv)
117 Economics-XII
(v)
(vi)
200 400 10% 10
1 11
(ii) (i)
12
13
(i)
(ii)
(iii)
MC MR 14
15
(i)
(ii)
16
(a)
(b)
(c)
(d)
118Economics-XII
17
(b) (a)
(d) (c)
AS AD 18
(b) (a)
(d) (c)
AS AD 19
AD AS (b) AD = AS (a)
AD < AS (d) AD > AS (c)
20
21
(i)
(ii)
22
23
24
(Investment multiplier) 25
119 Economics-XII
(C) = 600 + 0.75 26
(APC)
27
GNDI(ii) (i) 28
5 (i)
200 (ii)
20 (iii)
40 (iv)
10 (v)
50 (vi)
–10 (vii)
–20 (viii)
30 (ix)
60 (x)
29
(i)
(ii)
(iii)
(iv)
120Economics-XII
100 3
1 1916 41 (i)
60 3 2120 105 (ii)
70 4 2522 11 (iii)
100 6 2926 1512 (iv)
(v)
Y X 1
(a)
(b)
(c)
Y (d)
2
(b) (a)
(d) (c)
121 Economics-XII
U 3
AFC (b) AVC (a)
MC (d) AC (c)
AC MC 4
AC (b) AC (a)
AC (d) AC (c)
10 (–1) 18 9 5
6
7
AVC MC 8
9
10
11
(a) 12
(b)
13
122Economics-XII
14
10
18
8
16
1
2
23
31
41
24
32
40
3
4
5
15
16
(b) (a)
(d) (c)
17
(b) (a)
(d) (c)
18
NDPFC (b) GDPMP (a)
NNPMP (d) NNPFC (c)
K MPC = MPS 19
0 (b) 2 (a)
1 (d) (c)
123 Economics-XII
GDP GDP 20
21
22
23
24
25
26
27
28
MPC APC
—
0.6
—
—
—
—
0.8
—
–40
–20
0
30
50
0
50
100
150
200
‘NNPFC’ 29
60 (i)
600 (ii)
20 (iii)
124Economics-XII
200 (iv)
70 (v)
300 (vi)
400 NDPFC (vii)
100 (viii)
50 (ix)
300 (x)
125 Economics-XII
HINTS(c) 1
(c) 2
(b) 3
(b) 4
16 5
4 14
(c) 16
(d) 17
(a) 18
(a) 19
APC MPC 28
— —
1.4 0.6
1 0.6
.8 0.4
.75 0.6
NNPFC = (ii + viii) + (iv) + (vi) + (x) – (ix) 29
1450
= NNPFC – (vii) + (i) + (v) – (iii)
1160
126Economics-XII
100 3
(i)
1 2016 51 (ii)
60 3 2321 86 (iii)
70 4 2411 9 (iv)
100 6 3027 1512 (v)
(vi)
(vi)
1
Y (b) X (a)
(d) (c)
Y X 2
(b) (a)
(d) (c)
127 Economics-XII
MP AP 3
TP (b) AP (a)
(d) (c)
U 4
(AFC) (b) (AVC) (a)
(MC) (d) (AC) (c)
5
(b) (a)
(d) (c)
6
7
8
(PPC) 9
25% 4 500 10
500 11
128Economics-XII
(Producer equilibrium) 12
(Law of variable propertion) 13
14
15
16
+ + (b) (a)
+ + + (d) + (c)
17
(b) (a)
(d) (c)
18
CRR (b) (a)
(d) (c)
19
(b) (a)
(c) (a) (d) (c)
129 Economics-XII
20
(a)
(b)
(c)
(d)
21
22
23
NVAFC 24
40 (i)
800 (ii)
30 (iii)
100 (iv)
20 (v)
50 (vi)
500 (vii)
200 (viii)
60 (ix)
130Economics-XII
25
26
27
28
29
—
—
0
0.20
0.35
—
0.4
—
—
0.8
80
140
—
240
260
0
100
200
—
—
(b) (a) 30
15 (i)
600 (ii)
131 Economics-XII
50 (iii)
200 (iv)
(–) 5 (v)
110 (vi)
10 (vii)
(–) 20 (viii)
70 (ix)
(–) 10 (x)
132Economics-XII
Marking Scheme1 (d) 1
1 (b) 2
1 (a) 3
1 (b) 4
1 (d) 5
1 6
1 Labour Oriented Technique (i)
1 Capital Oriented Techneque (ii)
7
3
3 PPC 8
1 9
3 MU TU
10
125 500 4
1½ 100 500 5
P = 1, Q = –25
1 d =
133 Economics-XII
1
d = –0.8
1 11
3
2 2
12
1
1 1 MRSxy (ii)
1 2
3 MP TP 13
3 6 14
15
1 (i)
1 1 (ii)
1 1 (iii)
1
134Economics-XII
1 (d) 16
1 (d) 17
1 (d) 18
1 (d) 19
1 (b) 20
GDP 21
GDP 3
1 ½
1 ½
22
1
½
135 Economics-XII
1
½ IMF
(3) 23
(NVAFC) 24
2 NVAFC = (ii) + (v – vi) – vii – (– i) – iii
1 = 800 + (20 – 50) – 500 – (–40) – 30
½ = 840 – 560
½ = 280
4 25
4
1 26
(i)
(ii)
(iii)
3 27
3
3 3
136Economics-XII
3 28
3
1×6 = 6 29
300, 400 =
200 = 0.4, 0.6 = MPS
– 0.4 = APS
2 = ii + iv + (vi + x) – viii – ix – vii 30
1½ = 600 + 200 + [100 + (–10)] – ()–20 – 70 – 10
= 600 + 200 + 100 + 20 – 70 – 1
½ = 840
1 = + ix – v
½ = 840 + 70 – (–5)
½ = 915
137 Economics-XII
100 3
1 1916 41 (i)
60 3 2120 105 (ii)
70 4 2522 11 (iii)
100 6 2926 1512 (iv)
(v)
“U” 1
AVC (b) TVC (a)
AC (d) MC (c)
2
(b) (a)
(d) (c)
3
(b) (a)
(d) (c)
138Economics-XII
4
(a)
(b)
(c)
(d)
5
6
9 7 7
TC TVC 8
: 9
(b) (a)
10
11
12
13
14
MP TP 15
16
(a)
139 Economics-XII
(b)
(c)
(d)
NNP = NDP 17
(b) (a)
NFIA (d) (c)
18
(b) (a)
(d) (c)
19
(b) (a)
(d) (c)
20
21
NVAFC 22
30 (i)
12 (ii)
200 (iii)
20 (iv)
15 (v)
48 (vi)
10 (vii)
140Economics-XII
100 MPC = 9 23
24
25
26
(CRR) 27
28
29
400 (i)
–5 (ii)
65 (iii)
120 (iv)
100 (v)
20 (vi)
5 (vii)
30 (viii)
–10 (ix)
40 (x)
141 Economics-XII
Marking Scheme1 (a) 1
1 (b) 2
1 (c) 3
1 (d) 4
5
1½ (i)
1½ (ii)
1×3 = 3 6
7 = 7
9 =
2 = P
Q = 100 q = 0
1
1
= 0
1 ed = 0
142Economics-XII
8
2×2 = 4 9
1 10
½×2=1 1×2=2 4 11
2 12
2 2
13
4
143 Economics-XII
3 14
3 15
1 (a) 16
1 (d) 17
1 (b) 18
1 (a) 19
(2×1½=3) 20
(1×3=3) 21
NVAFC = (iii) + (vii) – (vi) – (v) – (iv) – (ii) 22
= 200 + 10 – 48 – 15 – 20 – 12
= 115
1½ 23
K = 10
1
½ or y = 1000 CV
144Economics-XII
24
4
4 25
26
(1×2=2) (a)
(b)
(1×2=2) (1×2=2) CRR 27
(1×2=2)
1 28
3
2 1 NI = (i) – (iii) + (iv) + (v) + (vii) + (viii) + (ix) – (x) 29
1 = 400 – 65 + 120 + 100 + 5 + 30 + (–10) – 40
1 = 540 Cr.
1½ GNDI = NI + (ii) + (iii – vii) + (vi)
1 = 540 + (–5) + 60 + 20
1½ = 615 Cr.
145 Economics-XII
146Economics-XII
1 -
3-4
1
2
(i)
(ii)
3
147 Economics-XII
4
Y X 1X+10Y
X 2 Y 2X
2X:1Y 2Y
5
— (Labour Intensive Technique) (i)
—(Capital Intensive Technique) (ii)
148Economics-XII
2 -
3-4
1
2
Y X 3
(i)
Y X
X
Y
149 Economics-XII
(ii)
4
— (i)
— (ii)
5
–
–
6
(i)
(ii)
(iii)
150Economics-XII
(iv)
7
— 0 0
8 8 1
6 14 2
4 18 3
2 20 4
0 20 5
–2 18 6
(i)
(ii)
(iii)
8
151 Economics-XII
6
1
(i)
(Convex) (ii)
(iii)
2
(i)
MRS (ii)
Y X (i)
X X
MRS
X
152Economics-XII
MRS
MRS (ii)
E
153 Economics-XII
3 -
3-4
1
10 1 1
24 2 1
42 3 1
2
1
2
3
4
1
2
-x 3
4
154Economics-XII
3
MC AVCAC
AVC ACMC (i)
MC AVC AC MC (ii)
AVC ACMC AVC AC MC (iii)
AVC AC (iv)
4
155 Economics-XII
AFC AVC (i)
AFC AC AVC AC (ii)
AFC AVC AC (iii)
AFC AVC AC (iv)
5
MR AR (i)
MR AR (ii)
AR MR (iii)
6
1
2
3
4
1
2
3
4
156Economics-XII
7
8
(A)
(B)
9
6
1
157 Economics-XII
(i)
(Maximum)
(ii)
(iii)
3 3 1 1
4 7 2 1
5 12 3 1
4 16 4 1
3 19 5 1
2 21 6 1
1 22 7 1
0 22 8 1
–1 21 9 1
158Economics-XII
C A
B
D
B
—
—
—
159 Economics-XII
2
(i)
(ii)
(iii)
5 4 1
4 4 2
3 4 3
4 4 4
5 4 5
5 10 1
4 8 2
3 6 3
4 4 4
5 2 5
160Economics-XII
(i)
(ii)
—
161 Economics-XII
4 -
3-4
1
2
3
4
162Economics-XII
5
6
(i)
(ii)
(iii)
(i)
(ii)
(iii)
7
— (Price Discrimination)
163 Economics-XII
— (Product Differentiation)
8
1
2
3
4
1
2
3
4
9
1
2
3
4
1
2
3
4
10
–
(i)
164Economics-XII
(ii)
(iii)
(iv)
(v)
6
1
2
3
(i)
(ii)
(iii)
4
166Economics-XII
5-
1
(b) (a)
(d) (c)
GNPmp 2
(b) (a)
(d) (c)
3
(a)
(b)
(c)
(d)
NDPFc 20 Subsidy = Rs 10 GDPmp = Rs. 200 4
200 (b) 190 (a)
230 (d) 210 (c)
AC 5
(b) (a)
(d) (c)
167 Economics-XII
6
– (a)
+ – (b)
+ – (c)
– (d)
7
(b) (a)
(d) (c)
8
(b) (a)
(d) (c)
9
GDP (b) GDP (a)
GDP (d) GDP (c)
10
(b) (a)
(d) (b) (a) (c)
MCQ
(c) 3 (d) 2 (a) 1
(c) 6 (d) 5 (a) 4
(d) 9 (a) 8 (d) 7
(a) 10
168Economics-XII
3-4
1
1000 (i)
30 (ii)
1000 (iii)
12000 (iv)
3000 (v)
2000 (vi)
2500 (vii)
3500 (viii)
2
600 (i)
400 (ii)
2000 (iii)
10 (iv)
(–)50 (v)
10000 (vi)
500 (vii)
169 Economics-XII
3
800 (i)
20 (ii)
1600 (iii)
400 (iv)
(–)500 (v)
1000 (vi)
8000 (vii)
4
(i)
(ii)
(i)
(ii)
5
(i)
(ii)
(i) (ii)
170Economics-XII
6
(i)
(ii)
(i)
(ii)
7
—
—
8
(i)
(ii)
(i)
(ii)
9
(i)
(ii)
(Financial Capital) (i) (Services) (goods)
(ii)
171 Economics-XII
6
1
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
(a)
(b)
(c)
172Economics-XII
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
2
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
173 Economics-XII
(iii)
(iv)
(v)
3
(i)
(ii)
NFIA (iii)
(iv)
(i)
(ii)
NFIA (iii)
(iv)
174Economics-XII
6-
3-4
1
2
3
4
(Financial Advisor)
175 Economics-XII
6
1
LRR (ii) (i)
LRR = 20% (2) 1000 = (1) –
(3)
800 200 1000 800
640 16020% 800 1800
176Economics-XII
7-
1
(b) (a)
(d) (b) (a) (c)
MPS 2
(b) (a)
(d) (c)
3
(b) (a)
(d) (c)
4
(b) -x (a)
-y (d) (c)
5
MPC APC (b) MPC APC (a)
MPC APC (d) MPC APC (c)
177 Economics-XII
6
(b) (a)
(d) LSR (c)
AS AD 7
(b) (a)
(d) (c)
AS AD 8
(b) (a)
(b) (a) (d) (c)
500 1000 9
3 (b) 4 (a)
2 (d) 5 (c)
10
(b) (a)
(d) (c)
(c) 3 (c) 2 (a) 1
(d) 6 (c) 5 (c) 4
(c) 9 (d) 8 (c) 7
(d) 10
178Economics-XII
3-4
1
0.75 = (MPC) 2
75
700 C = 300+0.8Y 3
C = 300 + 0.8Y
Y = C + 1
Y = 300 + 0.8Y + 700 = Rs. 1250
4
(i)
(ii)
179 Economics-XII
5 MPC > MPS (iii)
(MPS) (iv)
1 (v)
1 (vi)
1 K = 1/1–MPC = 1/1–0 = 1 MPC = 0 (i)
APS (ii)
MPC > 0.8 (iii)
0.8 0.5 MPC MPS S = 0 MPS = S/Y (iv)
K = 1/1–MPC = 1/1–0 = 1 (v)
APC + APS = 1 (vi)
5
MPC K = 1/1–MPC
consumption
6
1
(ii) (i)
180Economics-XII
2
(ii) (i)
3
LRR (ii) (i)
(i)
LRR (ii)
5
181 Economics-XII
(consumption) 75 5
1000
(i)
(ii)
MPC = 75% = 75/100 3/4
MPS = 1–3/4 = 1/4
K = 1/MPS = 4
(i)
(ii)
12000 6
20000 3:1 12000 =
MPC:MPS = 3:1
20000 =
182Economics-XII
8-
3-4
1
2
3
1
2
183 Economics-XII
3
1
2
3
4
1
2
3
1
2
3
5
1
2
3
1
184Economics-XII
2
3
6
– =
(i)
(ii)
(iii)
7
—
(i
(ii
(iii
185 Economics-XII
9-
1
2
3
4
5
6
7
8
186Economics-XII
9
(i)
(ii)
(iii)
10
11
(i
(ii
(iii
12
13
187 Economics-XII
100 3
(i)
1 1915 31 (ii)
60 3 2220 84 (iii)
70 4 2523 10 9 (iv)
100 6 2926 1411 (v)
(vi)
(vi)
1
2
(b) (a)
(d) (c)
188Economics-XII
3
x (a)
(b)
(Convex) (c)
(d)
4
Y
X
10
9
7
4
0
0
1
2
3
4
5
(Minus sign) 6
(Plus sign) 7
(Maximum Price Celling) 8
8
(Price cielling)
189 Economics-XII
25 1000 8 9
1000
10
3 Y X 11
3
5 4 Y X 4 Y 5 X
12
12
13
14
190Economics-XII
15
16
1 (a)
1 (b)
1 (c)
1 –
1 (d)
– 1
17
(b) (a)
(d) (c)
18
(b) (a)
(d) (c)
19
(b) (a)
(d) (c)
191 Economics-XII
(GDP) 110100 = 200GDP 20
21
22
23
24
25
100 =
0.2 =
200 =
26
(i)
(ii)
(iii)
27
192Economics-XII
28
80 (i)
600 (ii)
30 (iii)
650 (iv)
100 (v)
50 (vi)
70 (vii)
60 (viii)
14 (ix)
(–)10 (x)
20 (xi)
10 (xii)
193 Economics-XII
1 P1x1 + P2x2 = m 1
1 (a) 2
1 (d) 3
1½
y X
1y : 1x 10 0
2y : 1x 9 1
3y : 1x 7 2
4y : 1x 4 3
0 4
4
1½
3
5
3
3 – (–)
6
194Economics-XII
3
7
1 8
2 OP1 OP
OQ2 PB OQ1 PA
1
2
1½ 125 1000 8
100 1000 10
9
1
½
= – 0.8
195 Economics-XII
1
10
3 = <
< = >
3 = 3 = Y= X
11
X = Y
3 X
>
Y
X X
196Economics-XII
5 = X 4 = X
4 = Y 5 = Y
X Y
= X Y
3 MUx Y X
MUy
3 12
197 Economics-XII
I
A
II
BA
1×3=3 B III
6 6 1
14 20 2
12 32 3
8 40 4
0 40 5
–3 37 6
2 I
3 II
5
3 6 III
13
= (i)
< (ii)
198Economics-XII
AMR ML MC > MR
MR MC MR MC
MR MC MC MR MC
MRMC MR
MR MC MR MC
MRMC MR MC
14
1
15
1 1 (b)
16
1 (b) 17
1 (c) 18
1 (a) 19
199 Economics-XII
1½ = × 100
20
1 200 = × 100
110
½ =
21
1×3=3 (i)
(ii)
(iii)
1×3=3 (i)
(ii)
(iii)
(iv)
1½
1½
22
3
23
200Economics-XII
4
24
1½
2
½
= + + = 100 + (1 – 0.2) + 200
0.2 = 300
25
2 (i)
26
2 (ii)
2 (iii)
2
27
4
2
201 Economics-XII
4
28
1½
1
½
= ii + v + (vii + x) – xi – viii – xii
= 600 + 100 + 70 + (–10) – 20 – 60 – 10
= 670
29
1½
1
½
= (iv) – (vi) – (iii) – (i)
= 650 – 50 – 30 – 80
= 490
202Economics-XII