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Economics

This document is a sample paper for Class 12th Commerce Economics, designed for the Higher Secondary School Certificate Examination. It outlines the structure of the exam, including various types of questions and their respective marks, along with specific questions covering topics in economics. The paper includes multiple choice, short answer, and long answer questions, focusing on key economic concepts and theories.

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10 views

Economics

This document is a sample paper for Class 12th Commerce Economics, designed for the Higher Secondary School Certificate Examination. It outlines the structure of the exam, including various types of questions and their respective marks, along with specific questions covering topics in economics. The paper includes multiple choice, short answer, and long answer questions, focusing on key economic concepts and theories.

Uploaded by

inbabinbatamil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CGBSE Model Paper Class 12th Commerce

Higher Secondary School Certificate Examination

SAMPLE PAPER

Subject – Economics Time- 3 Hrs.

Class- 12th Max. Marks- 100

Instruction: -

Q. No. 01 Carries 10 Marks. There are Multiple choice questions which carries o1 mark each.

Q. No. 2 to 09 are very short answer type question & it carries 02 marks each. Word limit is maximum
30.

Q. No. 10 to 15 are short answer type question & it carries 03 marks each. Word limit is maximum 50.

Q. No. 16 to 21 are short answer type question & it carries 04 marks each. Each question has internal
choice. Word limit is maximum 75.

Q. No. 22 to 25 are long answer type question & it carries 05 marks each. Each question has internal
choice. Word limit is maximum 100.

Q. No. 26 to 27 are long answer type question & it carries 06 marks each. Each question has internal
choice. Word limit is maximum 150.

Question 1: -

1. The Government can achieve its budget objective of ‘Redistribution of Income’ by____________

a) managing the General Price Level in the economy to the desired level.

b) increasing the Gross Domestic Products (GDP) of the economy.

c) bringing the production of goods and services under its direct and absolute control.

d) rationalization of taxes in pro-poor direction.


2. Balance of Payments of an economy records_____________ for a fiscal year.

. (Fill up the blank with correct alternative)

a) income and expenditure of the government

b) inflow and outflow of funds of the government

c) inflow and outflow of foreign exchange to/from the economy


d) inflow and outflow of loans to/from the rest of the world

3. Identify which of the following bank does not interact directly with the general public?

a) Bank of India

b) State Bank of India

c) Central Bank of India

d) Reserve Bank of India

4. Identify which of the following is not an example of ‘invisible item’ under Current Account of the

Balance of Payments transactions:

a) Air and sea transport

b) Postal and courier services

c) Education-related travel

d) Merchandise linked transactions

5. Identify which of the following is not a function of the Reserve Bank of India?

a) To act as the banker to the Government of India.

b) To act as the custodian of the gold reserve of India

c) To act as the financial advisor to the Government of India

d) To issue coins and one rupee note

6. Industrial Policy Resolution (IPR) 1956 formed the basis of the_________ Five Year Plan.

a) First

b) Fourth

c) Second

a) Third

7. Occupational structure refers to___________

a) size of labour force in a country

b) number of people living in a country


c) distribution of workforce among different sectors of an economy

d) nature of different occupations

8. _____________ is the portion of agricultural produce which is sold in the market by the farmers,

after meeting their self-consumption requirements.

a) Trade Surplus

b) Marketable Surplus

c) Producer Surplus

d) Consumer Surplus

9. Before the advent of Green Revolution in 1960’s, India was primarily dependent on _________for the
supply of food grains.

a) United States of America (USA)

b) Britain (United Kingdom)

c) Mexico

a) Union of Soviet Socialist Republics (USSR)

10. ____________ is not a reason for poverty in India.

a) population explosion

b) rise in per capita GDP

c) low capital formation

d) socio-economic exclusion

Question 2. State any two differences between micro and macroeconomics.

Question 3. Define market.

Question 4. Write two characteristics of macroeconomics?

Question 5. What is called monopolistic profit?

Question 6-Write the thrift theory of Adam Smith?

Question 7. Write two importance of the calculation of National income.

Question 8. Write any two limitations of index.


Question 9. What is called poverty line?

Question 10. What is studied in macroeconomics?

Question 11. Differentiate between complete competition and incomplete competition.

Question 12. "Interest is the reward of waiting". Clarify.

Question 14. Write three essential properties of a good money.

Question 15. "Indices are like economic barometer?" Clarify.

Question 16. Explain four functions of Reserve Bank of India.

Question 17. Write four functions of Share and Exchange Board of India (SEBI).

Question 18. Write Criticisms of echordo's theory land tax (Lagaan). (Any four point)

Question 19. State demerits of wages according to the work.

Question 20. Make assumptions on the basis of following data -

a. GNP

b. GDP

Items Crore Rs.

1. NDP (Net Domestic Product) 63415

2. Use of fixed capital 2250

3. Net foreign income aid (NFIA) 750

Question 21. Describe any five factors of the slow development of Indian National Income.

Question 22. Write the credit landing procedure of indigenous banks (any five).

Question 23. Why profit is said reward of arising uncertainties? Explain in detail.

Question 24. Elaborate the theory of demand-supply of distribution with the help of diagram.

Question 25. Write problems of sugar industry.

Question 26. Who introduced the theory of maximum social profit? Explain the theory with table &
diagram.

Question 27. The following information is given related to the production of a certain

country -
Items Crore Rs.

1. Consumer goods & service 9300

2. Capital goods & services 6100

3. Depreciation Expenditure 900

4. Export 2000

5. Import 1800

Calculate the following on the basis of above-mentioned information-

a. Gross Domestic product. (GDP)

b. Net Domestic Product. (NDP)

c. Gross National Product (GNP)

d. Net National Product. (NNP)

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