*NBTD40210/ /08/K/1* /08/C/1* /08/M/1* /08/Y/1*

LUU y UU wv

Time : 3 Hrs

Sample Paper Sub: Math Class: X

M.M. : 80

14. Explain producer's equilibrium using a schedule use total cost and total revenue approach. (6) 15. When will (i) simultaneous increase and (ii) simultaneous decrease in both demand and supply not affect the equilibrium price. Explain with the help of a diagram. (6) 16. Explain the following (6) (i) Why is an indifference curve converse to the origin. (ii) Why does a higher indifference curve represent a higher level of satisfaction? OR Distinguish between movement along the same demand curve and shifts in the demand alive. Section-B (Introductory Macro Economics) 17. What is fiscal policy? (1) 18. When does deflationary gap arise? (1) 19. Name two components of government budget. (1) 20. What is meant by currency depreciation. (1) 21. Define foreign exchange. (1) 22. Distinguish between marginal propensity to consume and marginal propensity to save. What is the relationship between the two. (3) 23. List the items of the current account of balance of payments account. Also define balance of trade. OR Distinguish between Intermediate products and signal products. Give examples. (3) 24. Explain two sources each of demand and supply of foreign exchange. (3) 25. How can a government budget help in reducing inequalities of income? Explain. (3) 26. Explain the store of value function of money. (3) 27. How will you treat the following while estimating domestic factor income of India? Give reasons for your answer. (4) (i) Remittance from non-resident Indians to their families in India. (ii) Rent paid by the embassy of Japan in India to a resident Indian. 28. Explain any two functions of central bank. (4) 29. Give the meaning of (i) Tax revenue and (ii) Non tax revenue. Give two examples of each. OR What is a bank state? How does lowering and raising of bank rate affect availability of credit? 30. From the following data, calculate "National Income" by (i) Income method and (ii) Expenditure method. (6) Geeta Mitra PGT Mount Abu Public School, Rohini Tips for getting good marks in Economics in class XII Tips for Exam preparation (3) Marginal cost 120 20 18 Read your chapter carefully and find that how much percent you have already covered and have notes for them. Have sample papers and previous year question paper handy. Try to solve the previous sample papers with in the given time. This practice can helps you to find your weak points and give you chance to improve them in advance. Take practice test : The more practice test one takes, the more comfortable one becomes with the pressure, stress, format, timings, one's strength and weakness. this in turn may help the said student align his energies in the right direction and secure a high score. Tips During Exam Have all necessary material with you such as pencil, scale, a pen in an examination room. Have a relaxing night before your exams. Read the full question paper, where you have choices, decide which ones you plan to answer. Spend some time drafting a plan for the question you choose to answer. Highlight the important points in your answers. Geeta Mitra

Nitish Gupta, PGT Mount Abu Public School, Rohini

Time : 3 Hrs

Sample Paper Sub. : Economics Class: XII

M.M. : 100

Section - A (Introductory Microeconomics)

1. What do you mean by planned economy. 2. Define cost in economics. 3. Define marginal rate of substitution. 4. Define perfect competition. 5. What causes upward movement along a demand curve. 6. The diagram below shows three supply curves of 3 commodities rank their price elasticities. (1) (1) (1) (1) (1)

7. Explain the following determinants of supply. (i) Increase in the price of inputs. (ii) Decrease in tax on the products. (iii) Technological charges. 8. Complete the following table. Output (units) 1. 2. 3. 4. 5. Average variable Cost (Rs.) Total cost (Rs.) 60 18 20 22

(3)

9. State two features common to monopoly competition and monopolistic competition. Explain any one. (3) 10. Explain the likely behaviour of total product and marginal product when increasing production only one input is increased while all other inputs are kept constant. (3) 11. Suppose the price elasticity for a good is (-0.2). If there is a 5% increase in the price of the good by what percentage will the demand for the good go down? (4) 12. Using demand and supply curves, show how increase in price of shoes effect the price of socks and the number of socks bought and sold. (4) 13. State the three central problems of an economy. OR Distinguish between positive and normative economics. (4)

*NBTD40210/ /08/K/1* /08/C/1* /08/M/1* /08/Y/1*

NBTD40210/CR1/08/M/1 NBTD40210/CR1/08/C/1 NBTD40210/CR1/08/Y/1 NBTD40210/CR1/08/K/1 CMYK