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Xiith Economics Ut 1 Paper

Paper of economics

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Lalit Nath
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28 views2 pages

Xiith Economics Ut 1 Paper

Paper of economics

Uploaded by

Lalit Nath
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Hermann Gmeiner School, Bhimtal

Time- 02 Hour Class- XIITH. Subject – Economics. Unit Test:- Ist.


M.M.- 50
General Instructions:-
• All the questions are mandatory.
• Question no 01-04 are Very Short Answers Types Questions.
• Question no 05-08 are Short Answers Types Questions.
• Question no 09-12 are Short Answers Types Questions.
• Question no 13-15 are Long Answers Types Questions.
Very short answer types questions (1×4=04)

Q.01 :- what is money supply? How we can calculate the money supply?

Q.02:- what is the relationship between marginal propensity to consume and investment multiplier?
What is the range of investment multiplier?

Q.03:- explain the meaning of stock variable and flow variable with suitable example.

Q.04:- explain the meaning of bank money and high powered money.

Short answer type question (3×4= 12)

Q.05:- Explain the concept of great depression 1929

Q.06:-“All capital goods are producer goods but all producer goods are not capital goods.” Justify this
statement.

Q.07:- What is money? Explain all the forms of money with example.

Q.08:-What is double coincidence of wants is the problem of barter system? How we can remove it with
the help of money?

Short Answer type question (4×4=16)

Q.09:-Explain the process of credit creation which is done by commercial bank with the help of
numerical example.

Q.10:-What is circular flow of income? explain circular flow where to two sectors are working in the
economy.

Q.11:- Do you think increase in MPS should be beneficial to the growth of the GDP in India. justify the
above statement.

Q.12:- An economy is an equilibrium, from the following data calculate the marginal propensity to save.

If national income is 10000, autonomous consumption is 500 and

Long answer types questions (6×3= 18)


Q.13:- What is short run equilibrium? Explain short run equilibrium with the help of aggregate demand
and aggregate supply, also explain the disequilibrium situation with diagram.

Q.14:-Explain the derivation of saving function from consumption function with the help of suitable
diagram.

Or

What is consumption function? Explain all the situation in the consumption function with the help of
suitable diagram.

Q.15:- How RBI can control the excess money supply in the economy with the following tools:

a) Statutory Liquidity Ratio

b) Reverse Repo Rate

c) Marginal Requirement

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