le; % 3 ?k.

Vs
%100

Sample Paper-1 (2008-09)

vFkZkkL=
XII

vf/kdre vad

Instruction:
1. All questions in both the sections are compulsory.
2. Marks for questions are indicated against each.
3. Question Nos. 1-5 and 17-21 are very short-answers questions carrying 1 mark. They are required to be answered in one
sentence each.
4. Question Nos. 6-10 and 22-26 are short-answers questions carrying 3 marks each. Answer to them should not normally
exceed 60 words each.
5. Question Nos. 11-13 and 27-29 are also short-answers carrying 4 marks each. Answer to them should not normally
exceed 70 words each.
6. Question Nos. 14-16 and 30-32 are also short-answers carrying 6 marks each. Answer to them should not normally
exceed 100 words each.
7. Answers should be brief and to the point and the above word limit be adhered to as far as possible.

lekU; funsZk %
1- nksuks [k.Mksa ds lHkh izu vfuok;Z gSaA
2- izR;sd izu ds fu/kkZfjr vad mlds lkeus fn, x, gSaA
3- izR;sd la[;k 1&5 rFkk 17&21 vfr y?kwrjkRed izu gSa ftuesa izR;sd das 1 vad gSaA
budk mkj dsoy ,d okD; esa gh fn;k tkuk gSA
4- izu la[;k 6&10 vkSj 22&26 y?kwrjkRed izu gSa ftuesa izR;sd das 3 vad gSaA izR;sd dk
mkj lkekU;r% 60 kCnksa ls vf/kd ugha gksuk pkfg,A
5- izu la[;k 11&13 vkSj 27&29 Hkh y?kwrjkRed izu gSa ftuesa izR;sd das 4 vad gSaA
izR;sd dk mkj lkekU;r% 70 kCnksa ls vf/kd ugha gksuk pkfg,A
6- izu la[;k 14&16 vkSj 30&32 Hkh O;k[;kRed mkj okys izu gSa ftuesa izR;sd ds 6 vad
gSaA izR;sd dk mkj lkekU;r% 100 kCnksa ls vf/kd ugha gksuk pkfg,A
7- mkj laf{kIr rFkk rF;kRed gksus pkfg, rFkk ;FkklaHko ij nh xbZ lhek ds varxZr gh fn,
tk,WA

Q1. Define Variable Cost.

ifjorZukhy ykxr dh ifjHkkkk dhft,A

Q2. Define Marginal Revenue.

lhekar ykxr dh ifjHkkkk nhft,A

Q3. Define Production Possibility Curve.

mRiknu laHkkouk o dh ifjHkkfkr dhft,A

Q4. Under which form of Market Price discrimination is possible.

fdl oLrq dh iw.kZr;k ykspnkj ekax ls vki D;k le>rs gSaA

Q5. What is meant by perfectly elastic demand of a commodity.

fdlh oLrq dh iw.kZr;k ykspnkj ekax ls D;k vfHkizk; gSaA

Q6. Explain the Law of Demand with the help of a demand schedule.
Ekkax rkfydk dh lgk;rk ls ekax ds fu;e dh O;k[;k dhft,A
Or
vFkok
Distinguish between increase in demand and increase in Quantity demanded.
ekax esa o`f) vFkok ekaxh xbZ ek=k esa o`f) esa varj LiV dhft,A

Q7. State the problems relating to allocation of Resources in an economy.

,d vFkZO;oLFkk esa lk/kuks ds cWVokjs ls lacf/kr leL;k dks crkb;sA

Q8. Explain the geometric method of measuring price elasticity of supply.

iwfrZ dh yksp ekius dh T;kfekh; fof/k dk o.kZu djsA

Q9. Explain the effects of rise in income on demand for a good. Use diagram.
3
,d oLrq dh ekax ij vk; esa gksus okyh o`f) ds iM+us okys izHkko dks fp= lfgr
o.kZu djsA
Q10. What will be the effect on equilibrium price and quantity of a commodity when the
demand and supply both increases in the same proportion. Use diagram.
3
fdlh oLrq dh ekax rFkk iwfrZ ds leku vuqikr esa c<+us ij mldh larqyu dher
rFkk ek=k ij D;k izHkko iM+sxkA
Q11. Explain the condition leading to maximisation of profits by a producer. Use total Cost
and total Revenue Approach.
4
mRiknd ds vf/kdre ykHk krZ dh O;k[;k djsA dqy ykxr rFkk dqy vkxe /kkj.kk dk
iz;ksx djsA
Q12. Complete the following table:fuEufyf[kr dks iwjk dhft,A

Output
mRiknu
(units
bZdkb
Z;kW)
1

Total Variable Cost

dqy ifjorZukhy ykxr
Rs.#

Average Variable Cost

Marginal Cost
vkSlr
ifjorZukhy lhaekr ykxr
ykxr
Rs. #
Rs. #

10

---

---

---

---

27

---

---

---

---

10

13

Or
vFkok
Calculate total variable cost and total cost from the following cost schedule of a firm
whose
fixed cost are Rs 10.
,d QeZ dh dqy ifjorZukhy ykxr rFkk dqy ykxr dh fuEufyf[kr rkfydk ls x.kuk djs
ftldh fLFkj ykxr
10 #0 gSaA
Output mRiknu
(units bZdkbZ;kW)
Marginal Cost lhaekr ykxr
(Rs #)

Q13. Complete the following table.

fuEufyf[kr rkfydk dks iw.kZ dhft,A
Price
dher
7
--4
---

Output
mRiknu
--2
--4

TR
dqy vkxe
7
--12
---

MR
lhekar vkxe
--3
--4

Q14. Explain the likely behaviour of total Product and marginal Product when only one input
is increased while all other inputs are kept unchanged.
6
tc ,d vkxr dh ek=k dks c<+k;k tk, rFkk vU; vkxrksa dks fLFkj j[kk tk, rks ,slh
fLFkfr esa dqy mRikn rFkk
lhekar mRikn ds O;ogkj dks le>kb,A
Or
vFkok
2

All inputs used in production of a good are increased simultaneously and in the same
proportion. What are its possible effects on total Product ? Explain with the help of a
numerical example.
;fn ,d oLrq ds mRiknu esa iz;qDr lHkh lk/kuks dks ,d lkFk leku vuqikr esa
c<+k;k tkrk gS rks dqy mRikn ij
bldk laHko izHkko D;k gksxsaA la[;kRed mnkgj.k dh lgk;rk ls le>kb,A
Q15. Distinguish between Monopoly Market and Monopolistic Competition Market.
,dkf/kdkj cktkj rFkk ,dkf/kdkjh izfr;ksfxrk cktkj esa varj crkbZ,A

Q16. Explain the effects of rise in the prices of related goods on the demand of a commodity.
lacf/kr oLrqvks dh dherks esa o`f) dk oLrq dh ekax ij D;k izHkko iM+sxkA
le>kb,A
6
Q17. If MPC is 0.8. Calculate Investment Multiplier.
;fn lhekUr mi;ksx izo`fr 0-8 gSA rks fuosk xq.kad Kkr djksA

Q18. What is Revenue deficit?

jktLo /kkVk D;k gS\

Q19. What is Balance of Payment?

Hkqxrku ksk D;k gS\

Q20. Give meaning of deficient demand.

vHkkoh ekax dk vFkZ fy[kksA

Q21. What is a Commercial Bank?

O;kikfjd cSad D;k gaS\

Q22. Calculate Gross National disposable Income and Net national disposable Income from
the following data:3
fuEufyf[kr vkadM+ks ls ldy jkVh; iz;ksT; vk; vkSj kq) jkVh; iz;ksT; vk; dh
x.kuk djksA
(Rs. in Crores)# djksM+ esa
(i) Net current transfers received from rest of the World
10
ksk foo ls kq) izpfyr gLrkarj.k
(ii) Consumption of fixed capital
20
fLFkj iwath dk mi;ksx
(iii) Indirect Tax
30
vizR;{k dj
(iv) Current transfers paid to rest of the world
15
ksk foo dks izpkfyr gLrkarj.k
(v) Subsidies
05
vkfFkZd lgk;rk
(vi) Net factor income paid to the rest of the world
-25
ksk foo dks kq) lk/ku vk;
(vii) NDP at FC
250
kq) /kjsyw mRiknu lk/ku ykxr ij

Or
vFkok
Calculate Personal Disposable Income from the following data:
fuEufyf[kr vkadM+ks dh lgk;rk O;fDrxr iz;ksT; vk; dh x.kuk dhft,A
(Rs. in Crores) # djksM+ esa
(i) NNP at FC accruing to private sector
600
futh {ks= dks kq) jkVh; mRiknu lk/ku ykxr ls izkIr vk;
(ii) National debt interest
50
jkVh; _.k ij C;kt
3

(iii) Personal Taxes

O;fDrxr dj
(iv) Undistributed Profits
vforfjr ykHk
(v) Corporation Tax
fuxe dj
(vi) Net current transfers from rest of world
ksk foo ls kq) izpfyr gLrkarj.k
(vii) Current transfers from Government
ljdkj ls izpfyr gLrkarj.k

80
10
100
-20
30

Q23. State three functions of money.

eqnzk ds 3 dk;Z crkvksA

Q24. When exchange rate of foreign currency falls, its demand rises. Explain, how?
tc fonskh eqnzk dh fofue; nj fxjrh gS] rks bldh ekax c<+rh gS] dSls \
le>kvksa A

Q25. What is meant by fiscal deficit? What problems can fiscal deficit create for an economy?
jktdkskh; /kkVs ls D;k vfHkizk; gS blls vFkZO;oLFkk esa dkSu lh leL;k,a mRiu
gks ldrh gS\
3
Q26. State three items of capital account in Balance of payment account.
Hkqxrku ksk ds iwathxr [kkrs dh 3 ens fy[kksA

Q27. Distinguish between revenue receipts and capital receipt and give two examples of each
jktLo izkfIr;kW vkSj iWwthxr izkfIr;ksa esa foHksn djksA izR;sd ds 2 mnkgj.k
nksA
4
Q28. Explain the acceptance of deposit functions of commercial bank.
O;kikfjd cSad ds *tekvks dks Lohdkj djuk* dk;Z le>kvksaA
Or
vFkok
State the role of central bank as a banker to the bank.
dsUnzh; cSad ds *cSdks dk cSd* ds #i esa Hkwfedk le>kvksaA

Q29. Complete the following table :fuEufyf[kr lkj.kh dks iwjk djks&

Income (Rs in Crore)

vk;
# djksM
esa
0
10
20
30
40

Consumption Expenditure
(Rs. In Crore)
miHkksx O;;
#
djksM esa
4
12
20
28
36

A.P.
vkSlr miHkksx
izo`fr

MPC
lhekUr miHkksx
izo`fr

Q30. Will the following be included or not in domestic factor income of India. Give reason for
your answer:D;k /kjsyw lk/ku lk/ku vk; esa fuEu dks kkfey djsaxs ;k ughaA mkj dk dkj.k Hkh
crkvksaA
6
(i) Compensation of employee paid by American Embassy in India.
vesfjdk ds nwrkokl ls tks Hkkjr esa gS deZpkfj;ksa dks fn;k tkus okyk ikfjJkfedA
(ii) Salary paid to a non resident teacher teaching in a School in India.
4

Hkkjr esa fo|ky; esa dke djus okys XkSj fuoklh dks fn;k tkus okyk osruA
(iii) Salary paid Indian Embassy in France to the resident of France working in it.
akl esa Hkkjrh; nwrkokl esa kalhlh dks fn;k tkus okyk osru A
Q31. Explain the meaning of equilibrium level of Income and output with the help of saving
and investment curves. If planned expenditure is less than planned output. What
change will take place in the Economy?
6
cpr o fuosk o }kjk mRiknu vkSj vk; ds LkkE;Lrj dks le>kvksaA ;fn fu;ksftr
[kpZ fu;ksftr mRiknu ls de gks]
rks vFkZO;oLFkk eas D;k ifjorZu gksxs\
Or
vFkok
In an Economy C= 500+0.9 Y and I=1000 (where C=consumption, Y = Income,
I=Investment etc.) Calculate the following :,d vFkZO;oLFkk esa C= 500+0.9 Y vkSj I=1000 (tgkW C= miHkksx, Y = vk;, I=
fuosk etc.) fuEufyf[kr dh
x.kuk djksA
(i) Equilibrium level of income
vk; dk LkkE;Lrj
(ii) Consumption expenditure at equilibrium level of income
vk; ds LkkE;Lrj ij miHkksx O;;
Q32. From the following data calculate National Income by
(i) Income method and
(ii) Expenditure method

fuEufyf[kr vkWdM+ks ls jkVh; vk; Kkr djksA

1- vk; fof/k
2- O;; fof/k
(Rs in crores) # djksM+
esa
(i) Government final consumption expenditure
ljdkjh vfUre mi;ksx O;;
(ii) Interest
C;kt
(iii) Rent
yxku
(iv) Mixed Income of Self Employed
Lofu;ksftrks dh fefJr vk;
(v) Employers contribution to Social Security Schemes
Lkekftd lqj{kk esa ekfydks dk ;ksxnku
(vi) Compensation of Employees
deZpkfj;ksa dk ikfjJfed
(vii) Net domestic capital formation
kq) /kjsyw iWwth fuEkkZ.k
(viii) Net Exports
kq) fu;kZr
(ix) Net factor Income from Abroad
5

1000
350
300
600
100
3000
650
-100
-50

fonskks ls kq) lk/ku vk;

(x) Net Indirect Tax
kq) vizR;{k dj
(xi) Private Final Consumption Expenditure
futh vfUre miHkksx O;;
(xii)Consumption of fixed capital
fLFkj iWwth dk miHkksx
(xiii)Change in stock
LVkWd esa ifjorZu
(xiv)Profits
ykHk

500
4000
250
50
800