www.biharboard.bih.nic.in Bihar School Examination Board : Plus Two/ 12th Std/ +2 Economics Model Question Paper
Board : Bihar School Examination Board
Exam : HSC Economics
Document type : Model Question Paper
Website : biharboard.bih.nic.in
Download Sample/ Model Question Papers :
https://www.pdfquestion.in/uploads/6040-MQS-Arts-XII.pdf
Economics Model Paper :
Time : 3 Hrs. + 15 Minute (Extra)]
Total Marks : 100
Instructions :
1. All entries should be confined to the area provided.
2. In the OMR Answer Sheet the Question Nos. progress from top to bottom.
Related : Bihar School Examination Board XII Biology Model Question Paper : www.pdfquestion.in/6037.html
3. For marking answers, use BLACK/BLUE BALL POINT PEN ONLY.
4. Mark your Roll No. Roll Code No. Name of Exam. Centre
1-Which one is true-
(A) (GNP = GDP + Depreeiation) (B) (NNP = GNP + Depreciation)
(C) (NNP = GNP – Depreciation) (D) (GNP = NNP – f- klkoj (GNP = NNP – Depreciation)
Which one of the following is included in flow-
(A) (Consmption) (B)Investonent) (C) (income) (D) All the above)
Price of commodity is determind at a point where–
(A) alemand ex ceeds (B)Supply exceeds (C) demand eguals supply (D)None of these
Price commodity is determined at a point where :
For every market which condition has to be fulfilled for firm’s egnilibrium-
(A) AR = MC (B) MR = MC
(C) Me should cut MR from below (D) both b and)
In which market AR = MR
(A) (monopoly) (B) (monopolistic competition)
(C) (both a and b) (D) (Perfect competilion)
With the increases in Prodnction the difference between total fixed cost :
(A) (remains constavnt (B)(increases)
(C) (decreases) (D) – (both increasce and decreases)
goods rises sy 40% and Supply incniases by only 15% the supply of goods will be :
Which of the following function Shows the laus of supply-
The basaic reason of oberating the law of diminishing return is :
Which of the following factor affects elasticity of demand-
Goods, which can alternatively be used wer called–
Who give the cardinal concept of utiliy-
In which System a co-existance both public and Privale Seetors is founded-
Which of the following is studied udlr macro Economincs
Which is ircluded in irdirect tax-
Credit money is increased when CRR :
Which is the Central Bank in India-
According to Marshall Price of a Commodity is deter mined by other demend and sutrply curves Demand curve is related to the consumre and it falls dourn from left to right which explains the invrese ralation Ship between drmand of the commodity and its price consumer trise tto buy more at sowr price on the other hand supply curve belonge to produces and it reises upnarad crrm laft to right which sxpleins the direct relationship between Sutrply of the Commolity and its price produces will place higher supply at higher price and viceverse so the Productr tris to sell more at higher price andince versea Hence two opposite forces kecome operational is the market and the price it determeind at the point where the demand for commodity be comes equal to sapply of the commodity.
Demand curne is related to the consumr which)
II.(Consumer tries to buy) :
(A) (More quantity at lower price)
(B) (less quantity at higher price)
(C)(none of these)
III. Producer will place supply at higher price)
SECTION – II :
Non-Objective :
** Question No. 1 to 10 carry 3 marks each. These questions are of short answer type.
Answer the Questions :
1. Due to 15% decline in price of a good, its demand gets increase from 1,000 units to 1,200 units. Calculate the elasticity of demand by percentage method.
2. What is money cost ?
3. What is meant by price discrimination ?
4. State the two basic principles of circular flow of income.
5. Define the concept of the domestic product at market price.
6. What is average prospensity to same ?
7. Why does the problem of choice arise ?
8. What do you understand by substitute goods ?
9. What is Investment ? Multiplier & give a formulae of Investment Multiplier.
10. What is current Deposite Account ?