Subject

Economics

Class

CBSE Class 12

Pre Boards

Practice to excel and get familiar with the paper pattern and the type of questions. Check you answers with answer keys provided.

Sample Papers

Download the PDF Sample Papers Free for off line practice and view the Solutions online.
Advertisement

 Multiple Choice QuestionsShort Answer Type

21.

Distinguish between final goods and intermediate goods. Give an example of each.

3394 Views

22.

Explain the store of value function of money.
Or
State the meaning and components of money supply.

427 Views

23.

Explain the basis of classifying taxes into direct and indirect tax. Give examples

682 Views

24.

Explain ‘banker to the government’ function of the central bank.
Or
Explain the role of reverse repo rate in controlling money supply.

334 Views

Advertisement
25.

Explain how government budget can be used to influence distribution of income ?

628 Views

Advertisement

26.

An economy is in equilibrium. From the following data about an economy calculate autonomous consumption.
(i) Income = 5000
(ii) Marginal propensity to save = 0.2
(iii) Investment expenditure = 800


Given that
Income (Y) = 5000
Marginal propensity to save (s) = 0.2
Therefore, marginal propensity to consume = 1 -0.2 =0.8
I= 800
As we know that
Y =C+I
C =Y -1
C = 5000 – 800 = 4200
C= C' - cY
4200 = C' + 0.8(5,000)
C' = 200
Thus, autonomous consumption is 200.

741 Views

Advertisement
27.

Why does the demand for foreign currency fall and supply rises when its price rises ? Explain.

814 Views

 Multiple Choice QuestionsLong Answer Type

28.

Explain ‘non-monetary exchanges’ as a limitation of using gross domestic product as an index of welfare of a country.
Or
How will you treat the following while estimating domestic product of a country ? Give reasons for your answer :
(a) Profits earned by branches of country’s bank in other countries
(b) Gifts given by an employer to his employees on independence day
(c) Purchase of goods by foreign tourists

892 Views

Advertisement
29.

Calculate (a) net domestic product at factor cost and (b) gross national disposable income :

s. no.   in RS
1 Private final consumption expenditure 8000
2 Government final consumption expenditure 1000
3 exports 70
4 imports 120
5 Consumption of fixed capital 60
6 Gross domestic fixed capital formation 500
7 change in stock 100
8 Factor income to abroad 40
9 Factor income from abroad 90 
10 indirect taxes 700
11 subsidies 50
12 Net current transfers to abroad (-)30
612 Views

30.

Assuming that increase in investment is Rs. 1000 crore and marginal propensity to consume is 0.9, explain the working of multiplier.

1025 Views

Advertisement