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1 XII – Economics
LIST OF MEMBERS WHO PREPAREDQUESTION BANK FOR ECONOMICS FOR CLASS XII
TEAM MEMBERS
Sl. No. Name Designation
1. Dr. M.L. Kaushik Principal(Team Leader) Rajkiya Pratibha Vikas Vidyalaya
Nand Nagri, Delhi
2. Sh. S.P.S. Rathi P.G.T. (Economics)Rajkiya Pratibha Vikas VidyalayaBT Block, Shalimar Bagh, Delhi-88
3. Sh. Ram Kishan Chauhan P.G.T. (Economics)Rajkiya Pratibha Vikas VidyalayaNand Nagri, Delhi-110093
4. Sh. Sanjeev Kumar P.G.T. (Economics)G.B.S.S.S. No. 2,Ghonda, Delhi-110053
5. Mr. Ajay Kumar P.G.T. (Economics)Rajkiya Pratibha Vikas VidyalayaNand NagriNew Delhi-110093
6. Mrs. Promila Sharma P.G.T. (Economics)G.S.K.V. G.T. RoadShahdaraDelhi-110032
2 XII – Economics
QUESTION BANK
ECONOMICS (Hindi Medium)
DESIGN OF SAMPLE QUESTION PAPER FOR MARCH, 2011EXAMINATION
Time : 3 hours Maximum Marks : 100
The weightage to marks over different dimensions of the question paper shall be as under.
A. Weightage to Current/Subject units
S.No. Content Unit Mark
Part A : Introductory Micro Economics
1. Introduction 4
2. Consumer Behaviour and Demand 18
3. Producer Behaviour and Supply 18
4. Forms of Market and Price Determination 10
5. Simple applications of Tools of demand and supply curves
Total 50
Part B : Introductory Macro Economics
1. National Income and Related Aggregates 15
2. Determination of Income and Employment 12
3. Money and Banking 8
4. Government Budget and the Economy 8
5. Balance of payments 7
Total 50
Grand Total 100
3 XII – Economics
WEIGHTAGE TO FORMS OF QUESTIONS
S.No. Forms of Questions Marks for each No. Totalquestion question Mark
1. Very short answer type (VSA) 1 10 10
2. Short answer type (SAI) 3 10 30
3. Short answer type (SAII) 4 6 24
4. Long answer type (LA) 6 6 36
Total 32 100
C. No. of Sections
The question paper will have two Sections A and B.
D. Scheme of Option
There will be no overall choice. However, there is internal choice in one question of 3 marks andone question of 4 marks and one question of 6 marks in each section.
E. Weightage to Forms of Questions
S.No. Estimated Difficulty Level of Questions Percentage
1. Easy 30%
2. Average 50%
3. Difficult 20%
F. Typology of Questions
In order to asses different abilities related to the subject, the question paper is likely to includeopen-ended questions and numerical questions.
4 XII – Economics
1. 5
2. 11
3. 23
4. 40
5. 48
6. 50
7. 72
8. 79
9. 92
10. 100
Question Papers 108
5 XII – Economics
6 XII – Economics
(PPC):
(a)
(b)
PPF
PPF
1
2
3
4
5
7 XII – Economics
6
7.
8
9
10
11
12
13
14
15
H.O.T.S.
16
17
18
19
1
2
3
4
5
6
8 XII – Economics
H.O.T.S
7
8
(a)
(b)
(c)
9
10
11
(a)
(b)
12
‘A’ ‘B’
60 0
35 1
20 2
10 3
5 4
1.
2.
3.
4.
5.
9 XII – Economics
6.
7.
8.
9. (Y)
(x)
10. (MRT)
11. (Y) (X)
YMRT
X
12.
13.
14.
15.
16.
17.
18.
19.
9.
10 XII – Economics
12.
'A' ‘B’ AB
60 0 –
35 1 25 :1
20 2 15 : 1
10 3 10 : 1
5 4 15 : 1
11 XII – Economics
1.
2.
MUX = Px
12 XII – Economics
(i)
(ii) xxy
y
PMRS
P
(iii)
1
2
3
4
5
1
2
3
4
5
13 XII – Economics
Q Q PQ P 1 0 0E = ( ) x ED DP Q P P Q1 0 0
P = P0 =
Q = Q0 =
P1 =
Q1 =
P =
Q =
ED =
E = D
14 XII – Economics
Y
X
1.
2.
3.
4.
5.
6.
7.
8.
15 XII – Economics
9.
10.
11.
12.
13.
14.
15.
16.
17.
18. ‘X’ ‘X’
19.
20.
21.
22.
23.
24.
25.
26. X–
27.
28.
29.
16 XII – Economics
(H.O.T.S)
30.
31.
32. X–
33.
34.
35. X–
38.
1.
2.
3.
4.
X–
X–
X–
5.
6.
7.
8. X
9.
17 XII – Economics
10.
11.
12.
13.
14.
Y–
X–
15.
16.
17.
18. X Y
X 5%
Y 15%
19.
20.
18 XII – Economics
21.
22.
23.
24.
25.
26. 25% 150 120
27. X Y X 10%
Y 10% X Y
28. 8 10
110 100
29. 4 50
2 5
30. 3 5 80
4.
31. 5 100
140
(H.O.T.S)
32.
33.
19 XII – Economics
34.
(i)?
MUQ (ii) ? = MU
(iii) MUn = TUn – ? (iv) Dq P
e? Q
36.
37.
38.
39.
40.
41.
1.
2.
3.
4.
5.
6.
7.
8.
9.
20 XII – Economics
10.
(H.O.T.S)
11.
12.
A B C
2 6 6 6
3 6 5 7
4 6 4 8
13.
14.
21 XII – Economics
1.
2.
3.
4.
5. MUX = PX
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
22 XII – Economics
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32. X–
33. Y–
X–
34. Y– X–
35.
36.
(i)
(ii)
(iii)
23 XII – Economics
Ox = F (i., i2 ... in)
Ox x
f
i, i2 ..... in
AP
( TP)MP
( R)
(A)
(B)
24 XII – Economics
(C)
1.
2.
3.
4.
(TC) (MC)
(AFC)(TVC)(TFC) (AVC)
(AC)
TC = TFC + TVC
TC = AC × Q
X
TFC = TC – TVC
25 XII – Economics
TFC = AFC × Q
TVC = TC – TFC
TVC = AVC × Q
TCQAC =
AC = AFC + AVC
TFCQAFC =
AFC = AC – AVC
TFCQAVC =
AVC = AC – AFC
MC = TVCn – TVC(n–1)
TVCQMC =
26 XII – Economics
TR = (AR) × Q
MRTR =
TRQAR =
TRQMR =
(i) X
(ii)
AR, MR, TR
(i) AR MR MR
(ii) MR, AR,
27 XII – Economics
(iii) TR MR MR
TR MR TR
1.
(A)
(B)
(C)
2.
A.
B.
1. 2. 3.
28 XII – Economics
1.
2.
3.
4.
5.
Sx = f(Px, T, Nf, Pf, Gp, Ex)
(A)
(B)
(C)
(D)
5
(A)
(B)
5
(C)
(D)
29 XII – Economics
(Es) =
1.
2.
X –
X –
1.
2.
3. (MP)
4.
5.
6.
7.
8.
9.
10.
11.
12. X
30 XII – Economics
13.
14.
15.
16.
17.
18.
19.
20.
21. X
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
31 XII – Economics
37.
38.
39. Y –
40.
41.
42.
43.
44.
45.
46. 10% 20%
H.O.T.S.
1.
2.
3. X
4.
5.
6.
7.
8. X
9.
10. 40°
11.
32 XII – Economics
12.
13.
1.
2.
3.
4.
5.
6. 'U'
7.
8.
(A)
(B)
(C)
9.
10.
11.
12.
13.
14.
(1)
33 XII – Economics
(2)
(3)
0 1 2 3 4 5 6 7 8 9 10
(TC) 5 15 22 27 31 38 49 63 80 101 123
(TR) 0 10 20 30 40 50 60 70 80 90 100
15.
1 2 3 4 5
(AR) 10 9 8 7 6
(AC) 10 7 6 6 7
16.
1 2 3 4 5
10 – 8 – –
10 8 – 0 –
10 – – – 20
17.
1 2 3 4 5 6
2 3 4 4.25 3 3.5
18.
0 – – 22 – 20
– – 22 – – –
0 20 – – 88 –
19.
20.
21.
22.
23.
34 XII – Economics
24.
25. 4 80
2 5
26. 3 8
20 2
27. 8 200 1.5
10
28. 2.5 5 300
4
H.O.T.S.
1.
2.
3.
4.
(A)
(B) AR MR
5.
(A)
(B)
6.
(A)
35 XII – Economics
(B) AC AVC
7.
8.
9.
10.
1.
2.
1 2 3 4 5 6
50 110 150 180 180 150
3.
4.
(A)
(B)
(C) MC = AVC
5.
(A)
(B)
(C)
36 XII – Economics
6.
7.
1.
2.
3.
4. MP AP
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
37 XII – Economics
15.
16.
17.
18.
19.
20.
21. AFC
22.
23. 1.
2.
24.
25. TR = TC.
26.
27.
28.
29.
30. 1. 2.
31.
32.
33.
34.
38 XII – Economics
35.
36.
37.
38.
39.
40.
41. (i) (ii)
42.
43. (i)
(ii)
(iii)
44.
45.
46. 20%(Es) = 2
10%
H.O.T.S.
1.
2.
3.
39 XII – Economics
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
40 XII – Economics
ox
P
O X
A R = M R
41 XII – Economics
(Monopoly Market)
(ed < 1)
(Monopoly Competition)
(Oligopoly)
42 XII – Economics
1.
2.
AR, MR X-
AR, MR
AR, MR
1.
2.
3.
4.
5.
6.
7.
43 XII – Economics
8.
9.
10.
11. (cartel)
12. AR
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
H.O.T.S.
26.
27.
28.
29.
30. OX
44 XII – Economics
1.
2.
3.
4.
5.
(i)
(ii)
6.
7.
8.
9.
10.
H.O.T.S.
11.
12. MR = AR MR < AR
13.
14.
15.
1.
45 XII – Economics
2.
(i)
(ii)
3.
4.
(i)
(ii)
5.
6.
H.O.T.S.
7.
8.
9.
(i)
(ii)
1. (i) (ii) (iii) (iv)
2.
3.
4. (i) (ii) (iii)
46 XII – Economics
5. (i)
(ii)
6.
7.
8.
9.
10.
11.
12. AR
13.
14.
15.
16.
17. (P > MC)
18.
19.
20.
21.
22.
47 XII – Economics
23. (i) (ii)
24.
25.
H.O.T.S.
26.
27.
28.
29.
MR
30.
Hints
11. P = MR = MC MR = MCP > MR = MC
12.
4. (i)
(ii)
6.
7.
48 XII – Economics
(i) (ii)
OY OX
OY OX
1.
2.
3.
4.
5.
49 XII – Economics
1.
2.
3.
4.
5.
6.
50 XII – Economics
51 XII – Economics
(1)
(2)
(3)
(4)
•
•
• NDPMP
NDPMP = GDPMP –
• NDPFC
GNPMPGNPMP
• NNPMP
NNPMP = GNPMP –
• NNPFC
NNPFC = NDPFC + NFIA =
52 XII – Economics
(a)
(b)
(NDI) (NNPMP)
NDI = NNPMP +
53 XII – Economics
= + +
(Gross NDI)
GNPMP +
(Net NDI)
= NNPMP +
NDI –
GNPMP +
1. +
2. (GVAMP) = (–)
3. (NVAMP) = GVAMP (–)
4. (NVAFC) = NVAMP (–)
(NDPFC)
(GDP )MP
54 XII – Economics
55 XII – Economics
(P.D.I.)
(NDP )FC
+ NFIA
(NNP )FC
56 XII – Economics
(NDP )FC
(NNP )FC
+ NFIA
(P.D.I.)(P.D.I.) =
1.
2.
3.
4.
5. NDPMP NPPFC
6.
57 XII – Economics
7.
8.
9.
(a)
(b)
10. GNP
11. GNP
H.O.T.S.
12. N VA FC NVAMP
13.
14.
15.
16. GDP
17.
(i)
(ii)
(iii)
1.
2.
3.
4.
5.
58 XII – Economics
6.
7.
(i)
(ii)
(iii)
(iv)
(v)
(vi)
8.
9.
10.
(i)
(ii)
11.
12.
(i)
(ii)
13.
(i)
(ii)
H.O.T.S.
14.
15.
59 XII – Economics
(i)
(ii)
16.
17.
18.
1.
(i)
(ii)
(iii)
2.
(i)
(ii)
(iii)
3.
4.
5.
(i)
(ii)
(iii)
60 XII – Economics
6.
7.
8.
(i)
(ii)
(iii)
9.
(i) 10
(ii) 150
(iii) 25
(iv) 50
(v) 05
[ 230 ]
10.
(i)
(ii)
(iii)
11.
(i)
(ii)
(iii)
12.
(i)
(ii)
(iii)
61 XII – Economics
1.
(i) 150
(ii) 250
(iii) 600
(iv) 1200
(v) 640
(vi) 1000
(vii) 30
(viii) (–) 40
(ix) 60
(x) 50
(xi) 340
[ 270 ]
2. (GNPFC)
(i) 500
(ii) 1850
(iii) 100
(iv) 1100
(v) 2600
(vi) 400
(vii) 200
(viii) 500
(ix) (—) 100
(x) 1100
(xi) (–) 50
(xi) 250
[ 3900 ]
62 XII – Economics
3. A B
(i) 20
(ii) A 1000
(iii) B 2000
(iv) B (–) 200
(v) A 50
(vi) A 100
(vii) A B 180
(viii) A B 120
(ix) A 500
(x) B 600
(xi) B 70
[ 1370 ]
4. (GDPFC)
(i) 600
(ii) 200
(iii) 2800
(iv) 300
(v) 1600
(vi) 400
(vii) 150
(viii) 50
(ix) 100
(x) 240
(xi) 400
(xii) (–) 30
[ GDPFC = 2600 (b) FIPA = 90 ]
63 XII – Economics
5. (NNPFC)
(i) 10
(ii) 60
(iii) 90
(iv) 80
(v) 70
(vi) 100
(vii) 40
(viii) 30
(ix) 50
(x) 10
(xi) 1100
[ (a) NNPFC = 1320 (b) GNDI = 1470 ]
6. (GDPMP)
(i) 500
(ii) 40
(iii) 1500
(iv) 2500
(v) 90
(vi) 300
(vii) 400
(viii) 120
(ix) 250
(x) 650
(xi) 700
(xii) 50
[ GDPMP = 3050 FIRA = 120 ]
64 XII – Economics
7. (GDPMP)
(i) 6150
(ii) (–) 50
(iii) 3000
(iv) 800
(v) 900
(vi) 1300
(vii) 300
(viii) 800
(ix) 850
(x) 50
(xi) 300
(xi) 80
[ GDPMP = 6400 FIFA = 130 ]
8.
(i) 212
(ii) 2500
(iii) 180
(iv) 500
(v) 80
(vi) 23
(vii) 100
(viii) 20
(ix) 70
(x) 30
65 XII – Economics
9.
(i) 300
(ii) 750
(iii) 150
(iv) 120
(v) 200
(vi) 220
(vii) (–) 20
(viii) 700
(ix) 50
(x) 150
(xi) 20
[ (a) 950 (b) 950 ]
10. (NVAFC)
(i) 600
(ii) 200
(iii) 1800
(iv) 100
(v) 200
(vi) 75
(vii) 600
(viii) 450
(ix) 75
(x) 150
(xi) 80
(xi) 20
(xii) 50
[1375 ]
66 XII – Economics
11.
(i) 100
(ii) 80
(iii) 500
(iv) 30
(v) 65
(vi) 20
(vii) 10
(viii) 20
(ix) 5
(x) 150
(xi) 15
[ (a) 520 (b) 425 (c) 405 ]
1.
2.
3.
4.
5.
6.
7.
67 XII – Economics
8.
9. (i) (ii)
10.
11.
12. NAVFC
13.
14. NDP
15.
16.
GDP
17. (i) + NFIA
(ii)
(iii)
1.
= (i) + (ii) + (v) + (vi) + (vii)
= 150 + 250 + 640 + 1000 + 30
= 2070
= (iii) + (iv) – (viii) + (xi) + (vii) – (ix)
= 600 + 1200 – 40 + 340 + 30 – 60
= 2070
68 XII – Economics
2. GNPFC
(a) = (ii) + (vi) + (viii) + (x) + (xi)
NNPFC = 1850 + 400 + 500 + 1100 + (– 50)
= 3800
GNPFC = 3800 + 100 = 3900
(b) = (i) + (iii) + (iv) + (v) + (ix) + (xi) – (xii)
500 + 100 + 1100 + 2600 + (– 100) + (– 50) – 250
= 3900
3. GVAMP A
1000 – 50 – 500 = 450
GVAMP B
2000 – 200 – 600 = 1200
GVAMP
450 + 1200 = 1650
NNPFC = 1650 – 150 – 120 + 20 = 1370
4. (GDPFC)
NDPFC = (v) + (ii) + (iv) + (vi)
= 1600 + 200 + 300 + 400
= 2500
GDPFC = NDPFC +CFC
CFC = GDCF – NDCF (NFCF + S)
= 600 – (400 + 100) = 100
GDPFC = 2500 + 100 = 2600
(FIPA)
GNPMP = GDPFC + NFIA + NIT
69 XII – Economics
2800 = 2600 + NFIA + 240
NFIA = – 40
NFIA = FIFA – FIPA
– 40 = 50 – FIPA
FIPA = 50 + 40 = 90
5. (NNPFC)
(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
6. (a) GDPMP :
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
(b) FIFA
GNPFC = GDPMP + NFIA – NIT
2800 = 3050 + NFIA – 250
70 XII – Economics
NFIA = 0
NFIA = FIFA – FIPA
0 = FIFA – 120
FIFA = 120
7. (GDPMP)
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
FIFA :
GNPFC = GDPMP + NFIA – NIT
6150 = 6400 + NFIA – 300
NFIA = 50
NFIA = FIFA – FIPA
50 = FIFA – 80
FIFA = 130
8. NNDI
= (ii) + (iii) + (viii)
= 2500+ 180 + 20
= 2700
= (ii) – (iv) + (vii) + (viii) + (x) – (ix) – (v)
= 2500 – 500 + 100 + 20 + 30 – 70 – 80
= 2000
71 XII – Economics
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
10. NVAFC = (ii) + (iii) + (v) – (i) – (iv) – (vi) – (xiii)
= 200 +1800 + 200 – 600 – 100 – 75 – 50
= 1375
= (vii) + (viii) + (ix) + (x) + (xi) + (xii)
= 600 + 450 + 75 + 150 + 80 + 20
= 1375
11. (a) – 520
(b) – 425
(c) = 405
72 XII – Economics
1
2
3
4
5
(i) (ii)
(iii)
73 XII – Economics
1
2
3
4
M 1 M 2 M 3 M 4
M 1M 1
M 3(N S C )
1
2
74 XII – Economics
3
4
5
6
1
2
1
2
3
4
5 (over draft)
6
7
8
9
10
11
12 (CRR)
75 XII – Economics
13
14
15
16
17
18
19
20
21
H.O.T.S.
22
23
24 (speculation)
25
1
2
3
4
5
6
7
8 SLR CRR
76 XII – Economics
9 M1 M4
10
11
12
13
14
15
H.O.T.S.
16
17
18
19
20
1
2
3 RBI
1
2
3
77 XII – Economics
4 1
2
5
6 1. 2
7
8
9
1CRR
10
11 (i) (ii)
(%)
(CRR)
14
15 (i)
(ii)
16
M1 = C + DD + OD
M2 = M1 +
M3 = M1 +
M4 = M3 + (NSC )
17
78 XII – Economics
18
19
20 (i) (ii) (iii)
21
H.O.T.S.
22 (i)
(ii)
23
24
25 (Paper currency standard)
HINTS
9 M1 M4 M1 M4
12
16 SLR
20
79 XII – Economics
• (AD)
•
(i) (c)
(ii) (I)
(iii) (G)
(iv) (X-M)
AD = C + I
• (AS)
AS = C + S
•
AS = Y
• (Y) (c) C = f(y)
C =
Y =
F =
80 XII – Economics
•
(i) (APC)
(2) (MPC)
(APC) :
(C)APC
(Y)
APC
(i) APC ACP !
(ii) APC = 1 C = Y
(iii) APC
(iv) APC
• (MPC) :
(C)MPC
(Y)
(MPC)
(1) MPCc = y MPC = 1
c = o MPC = 0
(2) MPC,
•
S = f (y)
81 XII – Economics
S =
Y =
F =
•
(i) (APS)
(ii) (MPS)
• (APS)
(S)APC
(Y)
• (APS)
(1) APS
(2) APS c = 4 s = o
(3) APS APS
(4) APS
• (MPS)
( S)MPC
( Y)
# MPS
(1) MPS = 1 s = y.
(2) MPS = 0 s = o.
# APC (APS)
APC + APS = 1
82 XII – Economics
y = c + s
y
Y C SY Y Y
1 APC + APS
APC = I – APS APS = I – APC APC APS
# (MPS) (MPO)
MPC + MPS = 1 MPC 1
MPS 1
Y = C + S
y c + s
y
y c s
+ y y y
1 MPC + MPS
MPC = 1 – MPS
MPS = 1 – MPC
MPC MPS
•
•
(i)
(ii)
•
83 XII – Economics
•
•
•
•
•
•
•
AD = AS S = I.
•
•
•
• AD<AS
•
YK = =
I
(K)
• (AD), (AS)
84 XII – Economics
• (AD) (AS)
•
•
•
•
1.
2.
3.
4.
5.
6.
7. (Break even Point)
8.
9.
10.
11. APS = 0.6 APC
12.
13. MPC MPS
14.
15.
16.
85 XII – Economics
17.
18.
19.
20.
H.O.T.S.
21.
22.
23.
24.
25. MPC = ½ 100
26. MPC
1.
2.
3.
4.
5.
6.
7.
8.
86 XII – Economics
9. (i)
(ii)
10.
11.
12.
13.
14.
15.
16.
17.
18. 400 0.8
19. 700 0.9
20.
400 240 – –
500 320 – –
600 395 – –
700 465 – –
21. 0.8 125
22. 60 S = – 40 + 0.25y
23.
87 XII – Economics
24.
25.
H.O.T.S.
26.
27. AD>AS
28. C = 1000 + 0.6 Y
29.
S = – 10 + 0.2y
I = – 3 + 0.1 y
30.
(i) APC; (ii) APS; (iii) MPC (iv) MPS ?
1.
2.
3.
4.
5.
6.
7.
88 XII – Economics
8.
9. S = – 50 + 0.5y S = Y =
700
(i)
(ii)
10. C = 100 + 0.75y C = Y =
800
(i)
(ii)
11.
C = 100 + 0.5y
APC
H.O.T.S.
12.
13.
14.
15.
1.
89 XII – Economics
2.
3.
4.
cAPC =
y
5.
cAPC =
y
6.
7. C = y, S = O
8.
9.
10. APC + APS = 1
11. APC = 1 – APS = 1-0.6 = 0.4
12.
13.
MPS + MPC = 1 MPS = MPC
MPS + MPS = 1 1K =
MPS
1MPS =
2, K = 2
14. K 1 MPC = O
15. K MPC = 1
16.
17.
90 XII – Economics
18.
19.
20.
21.
22.
23.
24.
25.1 1 1
K = 11 – MPC 1.51 –2
Y = K. I
= 2 x 100
= 200
26. MPC
18. (i) 200
(ii) 400
19. (i) I = 7000
(ii) C 6300
20. MPC = 0.80, 0.75, 0.7
MPS = 0.2, 0.25, 0.30
21. K = 4
Y = 4 x 125
500
22. 400
91 XII – Economics
29. 70
30. (i) APC C>Y
(ii) APS
(iii) MPC
(iv) MPS
9. (i) (Y) = 14100
(ii) (C) = 7100
10. (i) (Y) = 3600
(ii) = 800
92 XII – Economics
•
1 31
•
1.
2.
3.
4.
•
•
•
93 XII – Economics
•
1.
2.
•
1.
2.
•
1.
2.
•
1.
2.
94 XII – Economics
• = –
•
•
1.
2.
3.
• = >
•
1.
2.
3.
•
•
1.
2.
3.
• >
1.
2.
95 XII – Economics
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16. 25,000 15,000
H.O.T.S.
17.
18. 8,00,000 5,000
19.
20.
21.
22.
96 XII – Economics
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
H.O.T.S.
11.
12.
13.
14.
15.
(i)
(ii)
(iii)
(iv)
1.
97 XII – Economics
2.
3.
4.
(i)
(ii)
(iii)
(iv)
(v)
(vi)
5.
(i)
(ii)
(iii)
(iv)
(v)
(vi)
1.
2.
3.
4.
5.
98 XII – Economics
6. (i) (ii)
7. (i) (ii)
8.
9.
10.
11.
12.
13.
14.
15. (i) (ii)
16. +
25,000 + 15,000
40,000
17.
18. 50,00
19.
20.
21.
22.
99 XII – Economics
15. (i) (ii)
(iii) (iv)
4. (i) (ii)
(iii) (iv)
(v) (vi)
5. (i) (ii)
(iii) (iv)
(v) (vi)
100 XII – Economics
•
•
1. 1.
2. 2.
3. 3.
4.
• •
•
•
101 XII – Economics
•
•
•
1. 1.
2. 2.
3.
4.
•
•
1.
2.
3.
4.
5.
•
102 XII – Economics
•
(i)
(ii)
(iii)
(iv)
(v)
•
(i)
(ii)
(iii)
(iv)
•
(i)
(ii)
(iii)
•
•
•
•
103 XII – Economics
1.
2.
3.
4. 300 500
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
104 XII – Economics
23.
24.
25.
H.O.T.S.
26.
27.
28.
29.
30.
31.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
105 XII – Economics
13.
14.
15.
16.
17.
18.
19.
20.
21.
1.
2.
3.
4. 800
5.
6. (i)
(ii)
7.
8.
9.
10.
106 XII – Economics
11.
12.
13.
14. (i)
(ii)
15. (i)
(ii)
16. (i)
(ii)
17. (i)
(ii)
18. (i)
(ii)
19.
20.
21.
22.
23.
24.
25.
H.O.T.S.
26.
107 XII – Economics
27.
28.
29.
30.
31.
108 XII – Economics
QUESTION PAPER – SET I
3 100
(i)
(ii)
(iii) 1 5 17 21
(iv) 6 10 22 26
60
(v) 11 13 27 29
70
(vi) 14 16 30 32 6–6
100
(vii)
1.
2.
75o
3.
4.
109 XII – Economics
5.
6.
7.
8. 'x' 'y' 'y'
10% 400 520 'x'
10 8
9. 2 9
1 2 3
23 27 30
10.
11.
12.
13.
14.
(i)
(ii)
(iii)
110 XII – Economics
15.
(i)
(ii)
(iii)
16.
17. 1
18. 1
19. 1
20. 1
21. 1
22.
3
23. 3
24. 3
25. 3
26. 3
27. 4
28. 4
111 XII – Economics
29. 4
(1)
30.6
31. (GDP at FC)
(i) 3750
(ii) 2000
(iii) –(50)
(iv) 700
(v) 1000
(vi) 150
(vii) 200
(viii) 1050
(ix) 600
(x) 400
(xi) 20
32. c = 500 + 0.8y c y
500 6
112 XII – Economics
1.
2.
3.
4.
5.
6.
7.
(i) TR – TC
(ii) MR = MC MC
8.Y %
Y Es =Y %
120
x 100 30400= 31010
x Es = Y Es 32 1.5
X % 'X' Es =
X %
X %
1.5 = 2 x 10010
x % 1.5 x (–20)= –30
113 XII – Economics
x 30 %
9. TFC = AFC x 9 x 2 = 18
TC TFC TVC AVC MC
1 23 18 5 5 5
2 27 18 9 4.50 4
3 30 18 12 4 3
10.
11.
(i)
(ii)
(iii)
12.
114 XII – Economics
13.
1.
2.
3.
4.
14. (i) MP TP MP
(ii) AR MR
(iii) ATC AVC AFC
TFC
15. (i)
(ii)
(iii)
16.
Y
O I X
Goo
dY
B
A
G ood X
E
C
D1
I2I3
X Y E
PxMRS =xy Py
x – Ox Y – Oy I2
115 XII – Economics
I2
AB
C D I2E
(i)
(ii)
(iii)
17. (Autonomous consumption)
18.
19.
20.
(i)
(ii)
21.
22.
116 XII – Economics
23.
RBI
24.
(i)
(ii)
(i) (ii) (iii)
25.
26.
117 XII – Economics
(1) (Current Account) (i)
(ii) (iii)
(2) (Capital Account)
(Portfolio investment)
27.
28.
29. (a) K = 1 MPC = O
1K = 1– MPC
K = 1
1K = 1– MPC
1 – MPC = 1
MPC = 1 – 1
= 0
1 MPC
118 XII – Economics
(b) APS
APC + APS = 1
CAPC =
Y
if C = 1200 Y = 1000
1200APC = 1.2
1000
1.2 + APS = 1
APS = – 0.2
1
30.
(i)
(ii)
31. (a) NDPFC = (ii) + (iv) + (ix) + (x)
= 200 + 700 + 600 + 400
= 3700
GDPFC = NDPFC + CFC
CFC = GDCF – NDCF
= (GFCF + S) – NDCF
= [1050 + (200 + 50)] – 1000
= 100
GDPFC = 3700 + 100 = 3800
119 XII – Economics
(b) FIPA
NFIA = GNPFC – GDPFC
= 3750 – 3800
= (–) 50
NFIA = FIFA – FIPA
– 50 = 20 – FIPA
FIPA = 20 + 50 = 70
32. (1) C = 500 + 0.8y I = 500
Y = C + I
Y = 500 + 0.8y + 500
0.2y = 1000
y = 5000
(2) C = Y – I
= 5000 – 500
= 4500
120 XII – Economics
SET II
(i)
(ii)
(iii) 1 5 17 22
(iv) 6 10 22 26
60
(v) 11 13 27 29
70
(vi) 14 16 30 32 6–6
100
(vii)
1.
2.
3.
4.
5.
6.
7.
8.
121 XII – Economics
9.
(i)
(ii)
(iii)
10.
(a)
(b)
(c)
11.
12. (– 1) 60
10%
13.
14.
(i)
(ii)
15.
1 – 60 20
2 18 – –
3 – – 18
4 20 120 –
5 22 – –
16.
122 XII – Economics
17.
18.
19.
20.
21.
22.
23.
24.
(i) 300
(ii) (–)20
(iii) 30
(iv) 10
(v) 100
(vi) 5
25.
26.
27.
28.
29.
123 XII – Economics
(i)
(ii)
30. 20,000
3 : 1 25,000
31.
(a)
(b)
(c)
32.
(a)
(b)
(i) 40
(ii) 800
(iii) 1200
(iv) 2100
(v) 400
(vi) 300
(vii) 2,000
(viii) 1400
(ix) (–)100
(x) 4,000
(xi) 7,500
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