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Directorate of EducationGovt. of NCT of Delhi
Support Material
ECONMICSClass-XII(Urdu Medium)
Under the guidance ofDr. Sunita S. KaushikAddl. DE(School/Exam)
Coordinators:Ms. Savita Drall
DEO(Exam)
Ms. Sharda Taneja Dr. Satish KumarOSD(Exam) OSDExam
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 P.G.T. (Economics)Rajkiya Pratibha Vikas VidyalayaKishan Ganj Delhi-110007
3. Mr.ShubedarYadav GBSSS BL-BlkShalimar Bagh
4. Mr. Saket Kumar P.G.T. (Economics)R.P.V.V. Sector-11 Rohini Delhi-110085
5. Ms. Daisy SKV Vivek Vihar
2Economics-XII
(30)
2014, 100 3
(A)
6 10 1
16 32 2
16 32 3
12 22 4
....... 8 5
50 104
15 30 1
8 18 2
12 25 3
8 17 4
7 14 5
50 104
3-5
3 Economics-XII
(E)
30% .1
50% .2
20% .3
(F)
3-5
4Economics-XII
6 .1
12 .2
25 .3
40 .4
50 .5
52 .6
76 .7
80 .8
91 .9
98 .10
105
5 Economics-XII
1 -
(a)
(b)
1
2
3
(PPC)
6Economics-XII
(a)
MRT (b)
PPC
PPC
(MRT)
(MRT)
1
(b) (a)
(d) (c)
2
(b) (a)
(d) (c)
7 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)
8Economics-XII
3-4
1
2
3
4
5
6
7
H.O.T.S
8
9
(a)
(b)
(c)
10
11
9 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
10Economics-XII
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
11 Economics-XII
2 -
—
(satisfaction) —
—
—
—
—
—
—
x (MRS)
y
—(Indifference Curve)
12Economics-XII
1
2
3
4
(a)
'Utils' (i)
MUx = PxMUm = 1
MUm x MUX
x PX
(ii)
(iii)
(b)
(i)
(ii)
x
Y
(iii)
13 Economics-XII
—
—
—
—
—
(a)
(b)
(c)
(d)
(e)
14Economics-XII
1 1
2 2
3 3
4 4
5 5
—
—
ed > 1 –1-
ed = 1 –2- ed < 1 –3-
15 Economics-XII
=
= P = P
= Q = Q
= P
= Q
= P
= Q
= ED
ED =
16Economics-XII
(b) (a)
(d) (c)
(f) (e)
1
(b) (a)
(d) (c)
17 Economics-XII
(Utility Analysis) 2
(b) (a)
(d) (c)
3
TU (b) TU (a)
TU (d) TU (c)
4
(b) (a)
(d) (c)
Term 5
(b) (a)
(d) (c)
6
(b) (a)
(d) (c)
7
(b) (a)
(d) (c)
18Economics-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)
19 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)
20Economics-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)
21 Economics-XII
27
(a)
(b)
28
Y X 29
30
31
32
33
6
1
2
3
4
5
6
(a)
(b)
22Economics-XII
7
H.O.T.S.
8
(a)
(b)
9
(a)
(b)
(c)
10
11
(i)
(ii)
(iii)
1
2
23 Economics-XII
MCQ
(b) 3 (a) 2 (c) 1
(b) 6 (c) 5 (a) 4
(a) 8 (b) 7
24Economics-XII
3 -
AP =
(TP)
MP =
(R)
1
2
3
4
AP MP > AP 5
AP MP = AP 6
AP MP < AP 7
'U' MP AP 8
25 Economics-XII
—
— (A)
— (B)
— (C)
—
(TC) (AC) (MC)
TC = TFC + TVC
26Economics-XII
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)
27 Economics-XII
TCTVC -xTFC
TR =(AR) × Q
TR = MR
28Economics-XII
X (i)
AR = MR
(ii)
TR MRAR
AR > MR MR MR AR (i)
AR MR (ii)
TR MR MR TR (iii)
TR MR
(A)
MC = MR MC MR (a)
(b)
—
29 Economics-XII
—
—
—
—
—
—
= ES
1
= ES
2
30Economics-XII
X (i
X (ii
(iii
(i (i
(ii (ii
(iii (iii
(iv (iv
31 Economics-XII
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)
5
(b) (a)
(d) (c)
-x 6
TVC (b) AFC (a)
TC (d) TFC (c)
32Economics-XII
-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
4
5
6
33 Economics-XII
'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
20 3 15
3 2 1 32 28 30 (Rs.)
34Economics-XII
16
TR MR (Rs.) (Rs.) (Rs.) 10 ___ ___ 1___ 4 ___ 215 ___ ___ 3___ ()3 ___ 4
16
17
18
19
20
21
(a)
(b)
400 20% X Y X 22
8% Y 500
H.O.T.S
1
2
3
35 Economics-XII
4
(A)
MRAR (B)
5
(A)
(B)
6
(A)
AVC AC (B)
7
8
9
(a)
(b)
10
6
1
2
3
(A)
(B)
MC = AC (C)
36Economics-XII
4
(A)
(B)
(C)
5
(a)
(b)
(c)
1
2
MCQ
(b) 3 (c) 2 (b) 1
(c) 6 (b) 5 (a) 4
(d) 9 (d) 8 (a) 7
(b) 10
37 Economics-XII
3-4
12
___ 0 04 4 1
10 14 2
8 22 36 28 44 32 52 34 60 34 72 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
X 22 X ______________________
X
38Economics-XII
Y12.5% ______________________
Y
Y ______________________
8%
Y
39 Economics-XII
4-
OX
40Economics-XII
(a)
(b)
(c)
(d)
(Monopoly Market)
(a
(b
(c
(d
(e
MR AR
(Ed < 1) AR
AR = 2MR
41 Economics-XII
(Monopoly Competition)
MR AR
(Ed > 1) AR
AR = 2MR
(Oligopoly)
42Economics-XII
1
2
43 Economics-XII
XMRAR
MRAR
(Homogenous)
(Hetrogenous)
44Economics-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)
45 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
46Economics-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
47 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
48Economics-XII
H.O.T.S.
MR AR 1
3-4
13
6
6
49 Economics-XII
5-
(i)
(ii)
OX OY
OX OY
1
2
3
4
5
50Economics-XII
1
2
3
4
5
6
51 Economics-XII
6-
= –
52Economics-XII
(i)
(ii)
(iii)
(iv)
GDPMP
GDPMP
NDPMP
NDPMP = GDPMP –
(NDPFC)
53 Economics-XII
(GNPMP )
GNPMP (NNPMP)
NNPMP = GNPMP –
(NNPFC)
NNPFC = NDPFC + NFIA =
(a)
(b)
(NNPMP) (NDI)
NDI = NNPMP +
= + + (Gross NDI)
= GNPMP + 54Economics-XII
(Net NDI)
= NNPMP + NDI –
GNPMP +
=
+
+
NDPFC =
NFIA +
GDPMP +
(GDPMP) =
+
+
GDPMP =
–
=
–
=
+
(GDPMP) =
+
+
+
=
–
=
–
=
+
55 Economics-XII
.3 .2 .1
– :NIT
:MP
:FC
Dep
:NP
:DP
:NFIA
+ = 1
– = (GVAMP) 2
NVAMP = GVAMP – 3
NVAFC = NVAMP – 4
(NDPFC)
56Economics-XII
(GDPMP)
(NDPFC)
+ + +
NFIA
57 Economics-XII
58Economics-XII
(PDI) +
+
+
+
+
–
–
–
–
NDPFC
NNPFC
–
–
–
NFIA +
1
(a)
59 Economics-XII
(PDI) +
NNPFC
NDPFC
+
+
+
+
–
–
–
–
–
–
–
NFIA +
(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 FIFAGDPmp GNPmp (c)
NFIA GDPmp GNPmp (d)
Transfer 5
(b) (a)
(d) (c)
6
(b) (a)
(d) (c)
NFIA 7
(a)
(b)
(c)
(d)
60Economics-XII
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
(ii) (i)
(iv) (iii)
(vi) (v)
8
61 Economics-XII
9
10
(i)
(ii)
11
12
W.H.O (i)
(ii)
13
(i)
(ii)
H.O.T.S.
14
15
(a)
(b)
16
NFIA 17
18
62Economics-XII
6
1
(a)
(b)
(c)
2
(a)
(b)
(c)
3
4
5
(a)
(b)
(c)
6
7
8
(a)
(b)
(c)
63 Economics-XII
9
10 (i)
150 (ii)
25 (iii)
50 (iv)
05 (v)
10
(i)
(ii)
(iii)
11
(i)
(ii)
(iii)
12
(i)
(ii)
(iii)
64Economics-XII
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)
20 (v)
50 (vi)
500 (vii)
200 (viii)
60 (ix)
65 Economics-XII
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)
100 (vii)
100 (viii)
10 (ix)
–20 (x)
FITA = 90 Crore (b) GDPFC = 2600 Crore (a)
66Economics-XII
(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)
1470 = GNDI (b)NNPFC = 1320 (a)
(b) (GDPMP) (a) 6
500 (i)
40 (ii)
1500 (iii)
2500 (iv)
90 (v)
300 (vi)
400 (vii)
120 (viii)
67 Economics-XII
250 (ix)
650 (x)
700 (xi)
50 (xii)
FIFA = 120 GDPMP = 3050
(b) (GDPMP) (a) 7
6150 (i)
– (50) (ii)
3000 (iii)
800 (iv)
900 (v)
1300 (vi)
300 (vii)
800 (viii)
850 (ix)
50 (x)
300 (xi)
80 (xii)
6400 = GDPMP (a)
130 = FIFA (b)
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)
950 (b)
(NVAFC) 10
600 (i)
200 (ii)
1800 (iii)
100 (iv)
200 (v)
75 (vi)
600 (vii)
450 (viii)
75 (ix)
150 (x)
80 (xi)
20 (xii)
50 (xiii)
1375
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
71 Economics-XII
(b) 6 (d) 5 (d) 4
(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)
72Economics-XII
= 900 + 100 + 250 + (–50) – 80 – 90
= Rs. 1110 Crore
(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
73 Economics-XII
(FIFA) (b)
GNPFC = GDPMP + NFiA – NIT
280 = 3050 + NFIA – 250
NFIA = 0
NFIA = FIFA – FIPA
0 = FIFA – 120
FIFA = 120 Crore
(GDPMP) 7
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 =
(ii) + (iii) + (v) – (i) – (iv) – (vi) = NVAFC 10
200 + 1800 + 200 – 600 – 100 – 75 – 50 =
1375 =
(vii) + (viii) + (ix) + (x) + (xi) + (xii) =
600 + 450 + 5 + 150 + 80 + 20 =
1375 =
520 – (i) 11
425 – (ii)
405 – (iii)
75 Economics-XII
7-
(Double Coincidence) 1
2
3
4
5
76Economics-XII
LRR
K
2 1
4 3
Repo Rate
Reverse Repo Rate
RBI 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
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
8-
(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)
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)
85 Economics-XII
6
(b) (a)
(d) (c)
0.75 MPC 7
K = 5 (b) K = 4 (a)
K = 3 (d) K = 2 (c)
(Break even point) 8
C = Y (b) APC = 1 (a)
(d) O = (c)
3-4 1
2
3
4
5
6
7
8
9
0 1 (i)
(ii)
86Economics-XII
10
(i)
1 (ii)
(ii) (i) 11
12
13
14
15
16
(MPS) (MPC) 17
60 APC 9 50 18
MPS APC 9
MPC = 0.7 500 5000 19
20
APS APC MPC
— — — –(80) 0
— — 0.7 — 100
— — 0.7 — 200
— — 0.7 — 300
87 Economics-XII
125 0.8 21
S = – 40 + 0.25 Y 60 22
23
24
25
H.O.T.S
26
AD > AS 27
C = 100 + 0.64 Y 28
29
S = – 10 + 0.2 Y
I = – 3 + 0.1 Y
30
100 = 0.70 =
1000 =
31
100 = 0.80 =
50 =
88Economics-XII
6 1
2
3
4
reverse 5
6
7
8
= 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 89 Economics-XII
6H.O.T.S.
12
1 13
14
15
16
MPC MPC 1
MPC
2 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
(d) 8 (a) 7
90Economics-XII
9-
31
1
2
3
4
(a)
(b)
91 Economics-XII
Disinvestment)
1
2
1
2
92Economics-XII
1
2
1
2
– =
1
2
3
> =
1
2
3
– =
=
1
2
93 Economics-XII
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)
75000 (Borrowings) 50,000 5
75000 (b) 50,000 (a)
125000 (d) 25000 (c)
94Economics-XII
Liabilities (Borrowings) 6
(b) (a)
(d) (c)
7
(PF) (b) (a)
(d) (c)
8
(b) (a)
(d) (c)
3-4 1
2
3
4
5
6
7
8
9
10
95 Economics-XII
3-4H.O.T.S.
11
12
13
14
(i)
(ii)
(iii)
(iv)
(c) (b) (a) 15
120 (i)
100 (ii)
80 (iii)
70 (iv)
140 (v)
30 (vi)
16
(i)
(ii)
17
96Economics-XII
MCQ
(d) 3 (c) 2 (a) 1
(d) 6 (b) 5 (a) 4
(c) 8 (d) 7
3-4
(i) 15
(ii)
(iii)
(iv)
97 Economics-XII
10-
(Current A/c) (Capital A/c)
1
2
3
1
2
3
4
5
98Economics-XII
1 1
2 2
3
4
1
2
3
99 Economics-XII
4
5
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
(iii)
(iv)
(i)
(ii)
(iii)
100Economics-XII
1
Bancing (b) (Private Capital) (a)
(d) (c)
2
term (a)
101 Economics-XII
(b)
term (c)
(d)
3
(b) (a)
(d) (c)
4
(b) (a)
(d) (c)
5
(a)
(b)
Wedge (c)
(d)
3-4 1
2
3
4
5
102Economics-XII
6
7
8
9
10
11
12
13
14
15
16
17
18
19
H.O.T.S.
20
21
22
23
24
103 Economics-XII
25
BOP (i)
BOP (ii)
6
1
2
3
MCQ
(d) 3 (a) 2 (d) 1
5 (a) 4
104Economics-XII
(set-I)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
6 3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
105 Economics-XII
1 4
1 5
3 6
3 7
3 8
3 9
3 10
4 11
400 20% X Y X 12
8% Y 500
4
4 13
6 (2) (1) 14
6 15
(i)
(ii)
(iii)
106Economics-XII
6 16
(i)
(ii)
1 (Capital Exp.) 17
1 18
1 19
1 20
1 21
3 22
3 (Circular Flow) 23
3 24
3 25
107 Economics-XII
3 26
4 27
(i)
(ii)
1 100 28
4
4 29
6 30
31
(i)
(ii)
(iii)
6 B A 32
(a)
108Economics-XII
(b)
20 (i)
1000 A (ii)
2000 B (iii)
(–) 200 B (iv)
50 A (v)
100 A (vi)
180 B A (vii)
120 B A (viii)
500 A (ix)
70 B (x)
109 Economics-XII
(set-II)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
110Economics-XII
1 4
1 5
3 6
20 7
3 20 (–1)
3 8
3 9
10
3
4 11
4 12
4 13
6 14
6 15
16
6
111 Economics-XII
(i)
(ii)
(iii)
1 17
1 18
1 (Capital Goods) 19
1 GDP 20
1 (LRR) 21
3 22
3 23
1000 10,000 24
3 0.7 3 25
3 GDP 26
4 27
6 28
(i)
(ii)
112Economics-XII
4 29
(i)
(ii)
6 30
(i)
CRR (ii)
(i)
Margin Requirement (ii)
6 31
6 32
GDP (i)
(ii)
260 (i)
200 (ii)
180 (iii)
240 (iv)
(–)20 (v)
1000 (vi)
40 (vii)
12 (viii)
60 (ix)
320 (x)
113 Economics-XII
(set-III)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
114Economics-XII
1 (Price Maker Firm) 4
1 5
3 6
3 7
3 8
3 9
3 10
11
4
6 12 7 12
72 4 4 13
6 14
6 15
(i)
(ii)
115 Economics-XII
16
6
1 17
1 18
1 19
1 20
1 21
3 22
2000 (i)
10 (ii)
100 (iii)
150 (iv)
600 (v)
400 (vi)
1000 (vii)
500 (viii)
9450
116Economics-XII
3 23
3 24
3 25
3 26
100 =
0.75 =
500 =
4 27
(i)
(ii)
4 28
(LRR)
4 29
6 30
6 31
117 Economics-XII
6 (b) (GDPMP) (a) 32
35 (i)
500 (ii)
750 (iii)
10 (iv)
150 (v)
100 (vi)
(–)15 (vii)
20 (viii)
10 (ix)
50 (x)
5 (b) 795 (a)
118Economics-XII
119 Economics-XII
1 -
3-4
1
2
(i)
(ii)
3
120Economics-XII
4
Y X 1X+10Y
X 2 Y 2X
2X:1Y 2Y
5
— (Labour Intensive Technique) (i)
—(Capital Intensive Technique) (ii)
121 Economics-XII
2 -
3-4
1
2
Y X 3
(i)
Y X
X
Y
122Economics-XII
(ii)
4
— (i)
— (ii)
5
–
–
6
(i)
(ii)
(iii)
123 Economics-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
124Economics-XII
6
1
(i)
(Convex) (ii)
(iii)
2
(i)
MRS (ii)
Y X (i)
X X
MRS
X
125 Economics-XII
MRS
MRS (ii)
E
126Economics-XII
3 -
3-4
1
10 1 1
24 2 1
42 3 1
2
1
2
3
4
1
2
-x 3
4
127 Economics-XII
3
MC AVCAC
AVC ACMC (i)
MC AVC AC MC (ii)
AVC ACMC AVC AC MC (iii)
AVC AC (iv)
4
128Economics-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
129 Economics-XII
7
8
(A)
(B)
9
6
1
130Economics-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
131 Economics-XII
C A
B
D
B
—
—
—
132Economics-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
133 Economics-XII
(i)
(ii)
—
134Economics-XII
4 -
3-4
1
2
3
4
135 Economics-XII
5
6
(i)
(ii)
(iii)
(i)
(ii)
(iii)
7
— (Price Discrimination)
136Economics-XII
— (Product Differentiation)
8
1
2
3
4
1
2
3
4
9
1
2
3
4
1
2
3
4
10
–
(i)
137 Economics-XII
(ii)
(iii)
(iv)
(v)
6
1
2
138Economics-XII
3
(i)
(ii)
(iii)
4
139 Economics-XII
6-
1
1
2
(Capital Goods) 3
4
GDP
5
GDP GDP
6
1
(b) (a)
(d) (c)
140Economics-XII
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)
6
– (a)
+ – (b)
+ – (c)
– (d)
7
(b) (a)
(d) (c)
141 Economics-XII
8
(b) (a)
(d) (c)
9
(b) (a)
(d) (b) (a) (c)
MCQ(c) 3 (d) 2 (a) 1
(c) 6 (d) 5 (a) 4
(a) 9 (a) 8 (d) 7
3-4
1
1000 (i)
30 (ii)
1000 (iii)
12000 (iv)
3000 (v)
2000 (vi)
2500 (vii)
3500 (viii)
142Economics-XII
2
600 (i)
400 (ii)
2000 (iii)
10 (iv)
(–)50 (v)
10000 (vi)
500 (vii)
3
800 (i)
20 (ii)
1600 (iii)
400 (iv)
(–)500 (v)
1000 (vi)
8000 (vii)
143 Economics-XII
4
(i)
(ii)
(i)
(ii)
5
(i)
(ii)
(i) (ii)
6
(i)
(ii)
(i)
(ii)
7
—
144Economics-XII
—
8
(i)
(ii)
(i)
(ii)
9
(i)
(ii)
(Financial Capital) (i) (Services) (goods)
(ii)
6
1
(a)
(b)
(c)
(d)
(e)
(f)
(g)
145 Economics-XII
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
146Economics-XII
(n)
(o)
(p)
(q)
(r)
2
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
(iii)
(iv)
(v)
3
(i)
(ii)
NFIA (iii)
(iv)
147 Economics-XII
(i)
(ii)
NFIA (iii)
(iv)
148Economics-XII
100 3
1 1916 41 (i)
3 2320 85 (ii)
60
4 2524 119 (iii)
70
6 2926 1512 (iv)
100
-U 1
AVC (b) TVC (a)
AC (d) MC (c)
2
(b) (a)
(d) (c)
149 Economics-XII
3
(b) (a)
(d) (c)
4
(a)
(b)
(c)
(d)
5
6
9 7 7
TC TVC 8
9
(a)
(b)
10
11
12
chain 13
150Economics-XII
14
MP TP 15
Odd one out 16
(a)
(b)
(c)
(d)
NNP = NDP 17
(b) (a)
NFIA (d) (c)
18
(b) (a)
Progressive (d) Regrassive (c)
19
(b) (a)
(d) (c)
20
151 Economics-XII
21
NVAFC 22
30 (i)
12 (ii)
200 (iii)
20 (iv)
15 (Opening stock) (v)
48 (vi)
10 (Closing stock) (vii)
100 .9 MPC 23
(Fixed exchange rate system) 24
Managing Exchange Rate
25
26
CRR 27
28
(Gross National Disposable Income)GNDI 29
400 (i)
– 5 KOW (ii)
152Economics-XII
65 (iii)
120 (iv)
100 (v)
20 (vi)
5 (vii)
30 (viii)
– 10 NFIA (ix)
40 (x)
153 Economics-XII
(a) 1
(b) 2
(c) 3
(d) 4
5
(i)
MU (ii)
6
Rs 7 = 7
Rs 9 =
= 0
ed = 0
154Economics-XII
8
Correct explanation 9
– – 10
11
12
13
14
15
(a) 16
(d) 17
155 Economics-XII
(b) 18
(a) 19
20
21
NAVfc = (iii) + vii – vi – v – iv – ii 22
=200 + 10 – 48 – 15 – 20 – 12
= 115 crore
23
devaluations 24
25
26
(i)
(ii)
CRR 27
28
156Economics-XII
NI = (i) – (iii) + (iv) + (v) + (vii) + (viii) + (ix) – (x) 29
= 400 – 65 + 120 + 100 + 5 + 30 + (–10) –(40)
= Rs 540 crore
GNDI = NI + (ii) + (iii – vii) + (vi)
= 540 + (–5) + (60) +20
= 615 crore
157 Economics-XII
7-
3-4
1
2
3
4
(Financial Advisor)
158Economics-XII
6
1
(i)
LRR (ii)
LRR = 20% (2) 1000 = (1) –
(3)
800 200 1000 800
640 16020% 800 1800
159 Economics-XII
8-
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
160Economics-XII
4
(i)
(ii)
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
161 Economics-XII
6
1
(ii) (i)
2
(ii) (i)
3
LRR (ii) (i)
(i)
162Economics-XII
LRR (ii)
(consumption) 75 4
1000
(i)
(ii)
MPC = 75% = 75/100 3/4
MPS = 1–3/4 = 1/4
K = 1/MPS = 4
(i)
(ii)
12000 5
20000 3:1 12000 =
MPC:MPS = 3:1
20000 =
163 Economics-XII
9-
3-4
1
2
3
1
2
164Economics-XII
3
1
2
3
4
1
2
3
1
2
3
5
1
2
3
1
2
3
6
– =
(i)
(ii)
(iii)
166Economics-XII
10-
1
2
3
4
5
6
7
8
167 Economics-XII
9
(i)
(ii)
(iii)
10
168Economics-XII
ECONOMICS(030)Class: XII
Time: 3 Hrs. M.M. : 100
General Instructions :1. All questions are compulsory.2. Marks are indicated against each question.3. Question no. 1-5 and 17-21 are very short answer questions carrying 1 mark each.
They are required to be answered in one sentence each.4. Question no. 6-10 and 22-26 are short answer questions carrying 3 marks each.
Answers to them should not normally exceed 60 words each.5. Question nos. 11-13 and 27-29 are also short answer questions carrying 4 marks
each. Answers to them should not normally exceed 70 words each.6. Question no. 14-16 and 30-32 are long answer questions carrying 6 marks each.
Answers to them should not normally exceed 100 words each.7. Question nos. 1 and 29 are value based questions.8. Answer should be brief and to the point.
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
6 30-32 1614 (vi)
100
29 1 (vii
169 Economics-XII
A–
1. Why the drinking water should be used economically ? 1
2. What is meant by cost in Economics ? 1
3. Give the meaning of change in quantity supplied. 1
4. Define the term utility. 1
5. What is meant by equilibrium price ? 1
6. Explain how firms are interdependent in oligopoly market ? 3
OR
How do the equilibrium price and quantity of a commodity change when
price of the factor input used in production increases ?
7. Price elasticity of demand for a good is 1.5. At the price of ` 60 per unit,expenditure of consumer is ` 3000. Calculate quantity demanded when theprice of good falls by 20 percent. 3
` 3000 ` 60 1.5 20%
8. What is the likely behaviour of marginal revenue ? When : 3
(a) Total revenue increases ?
(b) Total revenue decreases ?
170Economics-XII
(a)
(b)
9. Complete the following table : 3Output Average Variable Total Cost Marginal Cost(units) Cost (`) (`) (`) 1 — 60 20 2 18 — — 3 — — 18 4 20 120 —
(`) (`) (`)
1 — 60 202 18 — —3 — — 184 20 120 —
10. Production possibility curve is concave to the origin. Explain with the help of
numerical example. 3
11. Explain the following features of indifference curve : 4
(a) Two indifference curves never intersect each other.
(b) Slope of indifference curve is downward sloping from left to right.
(a)
(b)
171 Economics-XII
12. How are the following factors responsible for leftward shift of supply curve ?
Explain : 4
(a) Number of firms
(b) Price of related goods
(a)
(b)
13. Explain how a rise in prices of the related goods affect the demand for the
given good. Give example. 4
OR How does the following factors affect the price elasticity of demand ?
Explain:
(a) Nature of commodity
(b) Taste and preferences of the consumer
(a)
(b)
14. A consumer consumes only two goods. For the consumer to be in quilibrium,
why must marginal rate of substitution be equal to the ratio of prices of the
two goods ? Explain. 6
172Economics-XII
15. Explain any three features of monopoly market. 6
OR Explain any three features of monopolistic competition.
16. Explain the behaviour of marginal product under the law of variable
proportion. Use diagram. 6
Note : The following question is for blind candidates only in lieu of Question No. 16.
Explain the behaviour of marginal product under the law of variable
proportion. Use a schedule. 6
16
B–
17. What is meant by marginal requirement of loan ? 1
18. Define net factor income from abroad. 1
19. What is meant by depreciation ? 1
20. What is Balance of Trade ? 1
21. Define money supply. 1
173 Economics-XII
22. State the components of capital account of Balance of Payment. 3
23. Explain the impact of rise in price of foreign currency on imports of an
economy. 3
OR
Explain the effect of depreciation of domestic currency on exports.
24. Complete the following table : 3
Income MPC Saving APS
0 — – 70 ...........
100 0.6 ........... ...........
200 0.6 ........... ...........
300 0.6 ........... ...........
APS MPC
— — –(70) 0
— 0.6 — 100
— 0.6 — 200
— 0.6 — 300
25. Giving reason, explain how should the following be treated in estimating
national income : 3
(a) Expenditure for the maintenance of buses by a travel agency.
(b) Expenditure on purchase of a new buses by a travel agency.
174Economics-XII
(a)
(b)26. What changes will take place to bring an economy in equilibrium if aggregate
supply is greater than aggregate demand ? Explain. 3
27. Giving reason, classify the following in revenue receipts and capital receipts: 4
(a) Receipt from sale of railway tickets.(b) Receipt from entertainment tax.(c) Receipt from Education loan by Government from World Bank.(d) Recovery of agricultural loan by the Government.
(a)
(b)
(c)
(d)
28. Explain the ‘Economic stability’ objective of a Government budget. 4
OR
Explain the ‘Reallocation of resources’ objective of a Government budget.
29. Budget deficit creates disequilibrium in every economy but in developing
countries like India why does Government depends on budget deficit ?Explain. 4
175 Economics-XII
30. In an economy S = – 150 + 0.5Y is the saving function (where S = Savings, Y
= National income) and investment expenditure is 9,000. Calculate : 6
(a) Equilibrium level of national income.
(b) Consumption expenditure at equilibrium level of national income.
9000 Y S S = – 150 + 0.5Y
(a)
(b)
OR From the following information about an economy, calculate :
(a) Equilibrium level of national income.
(b) Savings at equilibrium level of national income.
Consumption function : C = 200 + 0.8Y
(Where C = Consumption expenditure and Y = National income)
Investment expenditure : I = 8,000
(a)
(b)
C = 200 + 0.8 Y
Y C
I = 8,000 31. Explain the following functions of the Central Bank : 6
(a) Bank of issue
(b) Banker’s bank
176Economics-XII
(a)
(b)
32. From the following data, calculate : 6(a) Net domestic product at factor cost (b) Subsidy (Crore `)
(i) Wages and salaries 1,000(ii) Consumption of fixed capital 40(iii) Undistributed profit 150(iv) Rent 120(v) Mixed income of self employed 80(vi) Profits 130(vii) Indirect taxes 180(viii) Gross national disposable income 1,780(ix) Contribution of employer in social securities 200(x) Net factors income from abroad (– 90)(xi) Current transfer from rest of the world 100(xii) Interest 60
(a)
(b)
1,000 (i)
40 (ii)
150 (iii)
120 (iv)
80 (v)
130 (vi)
177 Economics-XII
180 (vii)
1,780 (viii)
200 (ix)
(– 90) (x)
100 (xi)
60 (xii)
178Economics-XII
ECONOMICS(030) 25/1/2CBSE(2013-14)
Class: XIITime: 3 Hrs. M.M. : 100
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
6 3230 1614 (vi)
100
(*) (vii)
A–
1
2
3
4
179 Economics-XII
5
6
7
16 (–1)1 8
18
9
10
11
12
B B B A
13
14
14 15
180Economics-XII
16
8 7 1
15 14 2
21 21 3
28 28 4
36 35 5
B–
17
18
19
20
21
22
23
24
25
181 Economics-XII
26
(i)
(ii)
27
28
29
1200 =
0.20 =
100 =
30
30
182Economics-XII
31
60 (i)
600 (ii)
20 (iii)
200 (iv)
70 (v)
300 (vi)
400 (vii)
100 (viii)
50 (ix)
300 (x)
32
(i)
(ii)
(iii)
183 Economics-XII
ECONOMICS(030) 251/1/1CBSE(2013-14)
Class: XIITime: 3 Hrs. M.M. : 100
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
6 3230 1614 (vi)
100
(*) (vii)
A–
1
2
3
4
184Economics-XII
5
6
(–)1 9 18 7
10
8
9
10
11
B B B A
12
13
14
15
185 Economics-XII
8 7 1
15 14 2
21 21 3
28 28 4
36 35 5
16
14
B–
17
18
19
20
21
22
23
186Economics-XII
24
(i)
(ii)
25
(Duty) (Import) 26
27
28
1000 =
0.25 = 200 =
29
30
(–)15 (i)
600 (ii)
20 (iii)
100 (iv)
120 (v)
20 (Import) (vi)
187 Economics-XII
35 (vii)
(–)10 (viii)
5 (ix)
110 (x)
31
(i)
(ii)
(iii)
32
32
188Economics-XII
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