Name of the board : Bihar School Examination Board
Subject : Class XII Economics
Website : biharboard.bih.nic.in
Document type : Model Question Paper
Class-XII Arts : https://www.pdfquestion.in/uploads/61-MQS-Arts-XII.pdf
Bihar Board Economics Question Paper
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 Senior Secondary Business Studies Question Paper Model : www.pdfquestion.in/6974.html
3. For marking answers, use BLACK/BLUE BALL POINT PEN ONLY.
4. Mark your Roll No. Roll Code No. Name of Exam. Centre in the boxes/space provided in the OMR Answer Sheet.
5. Fill in your Name, Signature, Subject, Date of Exam, in the space provided in the OMR Answer Sheet.
6. Mark your Answer by darkening the CIRCLE completely, like this.
7. Do not fold or make any stray marks in the OMR Answer Sheet.
8. If you do not follow the instructions given above, it may be difficult to evaluate the Answer Sheet. Any resultant loss on the above account i.e. not following the instructions completely shall be of the candidates only.
Sample Questions
1. Which one is true?
(A) GNP = GDP + Depreeiation
(B) NNP = GNP + Depreciation
(C) NNP = GNP – Depreciation
(D) GNP = NNP – Depreciation
2. Which one of the following is included in flow?
(A) Consmption
(B) Investonent
(C) income
(D) All the above
3. Price of commodity is determind at a point where-?
(A) alemand ex ceeds
(B) Supply exceeds
(C) demand eguals supply
(D) None of these
4. 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)
6.In which market AR = MR?
(A) monopoly
(B) monopolistic competition
(C) both a and b
(D) Perfect competilion
7. With the increases in Prodnction the difference between total fixed cost:)
(A) remains constavnt
(B) increases
(C) decreases
(D) both increasce and decreases
8. If the price of the goods rises sy 40% and Supply incniases by only 15% the supply of goods will be:)
(A) Higher elastic
(B) Elastic)
(C) Inrlatic
(D) Porfeetly inelastic
9. Which of the following function Shows the laus of supply?
(A) S = f (P)
(B) S = f (1/P)
(C) S = f (Q)
(D) None of these
10. The basaic reason of oberating the law of diminishing return is:
(A) Scar city of factors
(B) Imperfect substitution
(C) both a and b
(D) None of the above
11. Which of the following factor affects elasticity of demand?
(A) Nature of goods
(B) Price level
(C) Income level
(D) All the above
12 Goods, which can alternatively be used wer called
(A) Complementary goosls
(B) Substitutes
(C) Conforts
(D) none of these
13 Who give the cardinal concept of utiliy?
(A) marchall
(B) Pisou
(C) Hicks
(D) Samuelson
14- In which System a co-existance both public and Privale Seetors is founded?)
(A) Capetalism
(B) Socialism
(C) Mixed economy
(D) none
15- Which of the following is studied undlr macro Economincs
(A) National income
(B) Full employment
(C) Total Prvenction
(D) All the above
16- Which is ircluded in irdirect tax?
(A) excise duty
(B) Sales tax
(C) both a and b
(D) wealth tax
17- Credit money is increased when CRR
(A) Falls
(B) Rises
(C) B oth and b Possible
(D) Mone of the above
18- Which is the Central Bank in India?
(A) Resserve Bank of India
(B) State Bank of India
(C) Central Bank of India
(D) Bank of India
19- Money is what mony does who said it?
(A) hartley withors
(B) Hawtrey
(C) Prif Thomas
(D) Keynes
20- LiQhfrd varjky dks Bhd djus ds fy, izeq[k HkkSfmd mik; dkSu ls gS\ (Which is a monetary measure to be adobted in corrcting infla tionary gap?)
(A) incriass in Bank Rate
(B) Selling of Secerities in open market
(C) ircrcase in Cash Reserve Ration
(D) all of above