AHSEC| CLASS 12| ECONOMICS| QUESTION PAPER - 2023| H.S. 2ND YEAR
2023
ECONOMICS
Full Marks: 80
Pass Marks: 24
Time: Three hours
The figures in the margin indicate
full marks for the questions
PART – A
1. Answer the following: 1x6=6
(i) Define personal
disposable income.
(ii) What is the
primary objective of commercial bank?
(iii) Net
indirect taxes are estimated as –
(a) Indirect
taxes + Subsidies
(b) Subsidies –
Indirect taxes
(c) Indirect
taxes – Subsidies
(d) Both (b) and
(c) (Choose the correct option)
(iv) Give two
examples of capital expenditure of the government budget.
(v) What type of
budget should the government prepare during inflation?
(vi) In order to
encourage investment in the economy the central bank will adopt which of the
following measures?
(a) Increase
cash reserve ratio
(b) Reduce cash
reserve ratio
(c) Increase
bank rate
(d) None of the
above (Choose the correct option)
2. Answer the following: 2x6=12
(i) A firm
produces goods of Rs. 500 per year and uses intermediate goods of worth Rs.
250. The cost depreciation is Rs. 20 per year. Calculate gross value addition
and net value addition by the firm.
Or
What do you
understand by the problem of double counting in the context of national income accounting?
(ii) Calculate
national income with the following data.
GDP at market
price: Rs. 830 crores
Depreciation:
Rs. 120 crores
Net indirect
taxes: Rs. 70 crores
Net factor
income from abroad: Rs. 40 crores
Or
Differentiate
between nominal GDP and real GDP.
(iii) Write two
objectives of government budget.
(iv) Write two
differences between revenue expenditure and capital expenditure.
Or
What is revenue
receipt? How it is different from capital receipt?
(v) What is
deficit demand? Write one causes of deficit demand.
Or
What are the
factors that affect investment demand in an economy?
(vi) Write two
merits of fixed exchange rate.
Or
Define spot and
forward exchange rate.
3. Explain the expenditure method of calculating national
income. 4
Or
Discuss the
circular flow of national income in a two-sector economy.
4. Discuss the functions of money. 4
5. There is a plan to increase national income from Rs. 1500
crore to Rs. 4000 crore. If MPC= 0.6, then what should be the change in investment
to achieve the goal? 4
Or
What is marginal
propensity to consume (MPC) and marginal propensity to save (MPS)? Show that
MPC + MPS=1. 1+1+2=4
6. Outline how equilibrium exchange rate is determined in
free market system. 4
Or
Write a note on
balance of payment.
7. Discuss the working of investment multiplier with
example. 6
Or
Explain
diagrammatically how equilibrium level of employment and income is determined
in a two-sector economy with the concept of aggregate demand and aggregate
supply.
PART – B
8. Answer the following: 1x6=6
(i) What is
poverty line?
(ii) Name any
two Navaratna industries.
(iii) Who is known
as the architect of economic planning in India?
(iv) What do you
understand by jobless growth?
(v) Name two
unconventional sources of energy.
(vi) Which of
the following is a cause of ozone layer depletion?
(a) Noise
pollution
(b) Air
pollution
(c) Water
pollution
(d) None of the above (Choose the correct option)
9. Answer the following: 2x6=12
(i) Write two objectives
behind infrastructure development in India by the British government during colonial
rule.
(ii) Write two
objectives of NITI Aayog.
Or
Write two
factors that necessitates the introduction of economic reform in India.
(iii) Correctly
match the two sides of the following table:
|
Country |
Rank Based on Human Development Index 2022 |
|
India China Pakistan Bangladesh |
79 129 132 161 |
(iv) Write the
full from of AYUSH.
Or
What do you
understand by medical tourism?
(v) Write one
positive and one negative impact of globalisation in the Indian economy.
(vi) Write two
differences between formal and informal sources of rural credit.
10. Write the features of the Industrial Policy 1956. 4
Or
Briefly discuss
the problems faced by the Indian agriculture sector in pre-reform period.
11. Discuss four important causes of poverty in India. 4
12. Write a note on condition of health infrastructure in
India. 4
Or
What is workforce?
Write the causes of low workforce participation rate of female as compared to
male. 1+3=4
13. Write a comparative note on the contribution of
agriculture, industry and service sectors to the respective economies of India,
China and Pakistan. 4
Or
Briefly describe
the path of economic development of China.
14. How is human development a broader term as compared to
human capital? What are the main problems of human capital formation in
India? 3+3=6
Or
Discuss how
agricultural activities can be diversified.
6
***
BUY E-BOOK (PDF FILE)
[TO SEE FULL SOLUTION]
(Chapter wise Notes, Exam Question Papers solved, MCQ solved) [ARTS, COMMERCE, SCIENCE]
|
DOWNLOAD PAGE LINK:-CLICK HERE |
AHSEC PAGE LINK - CLICK HERE