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HIGHER SECONDARY EXAMINATION

HSE II Time : 2½
ECONOMICS Score : 80mks

I Find the odd one out justify your answer 5


1. Price of the good, Income of the consumer, Taste and preference,
Intelligence.
2. Tea & coffee, Pen & ink, petrol & diesel, sugar & jaggary
3. Perfect competition Monopoly, Oligopoly, Monopolistic competition.
4. Income of the person, Average revenue of a firm, inflation, price of Tea.
5. TFC, TVC, TC, MR
II Categorize the following 4
6. Wealth, income, Money Supply, Capital formation
7. Daily wages, Machinery, Raw Materials, Buildings
III Match the Following 4
8. A B C
AdamSmith General Theory Macro Economics
J.M Keynes Essaya of nature Scarcity Definfition
and Significance of
Economics
Lianel Robinson Principle Of Economics Laizez Faire policy
Alfred Marshal Welth of nations Cardinal alility analysis

10. Prepare a Seminar Report on “Function of Commercial Banks” 8


11. Draw a chart of two sector model of cicural flow of income in an economy 4
12. Fill in the blanks. 4
M1 : ________________________
M2 : ________________________
M3 : ________________________
M4 : ________________________
13. If the price of a pen in USA is $2. The exchange rate 1$ = 50Rs. Find
the price of pen in india. 2
14. Recently Indian Rupee i sdispreciated. What is the effect on imports
and exports. 3
15. Complete the Table and draw the curves. TFC,TC,TVC 8

Qty TC TVC AC MC AFC


0 100
1 120
2 140
3 160
4 180
5 200
6 220
7 240
8 260
9 280

16. Fill the flow chart 3

Govt. Budget

Revenue Budget

Revenue Capital
Receipts Expenditur
e

non-plan
expenditure

17. Consider the demand for a good at price Rs.4. The demand for the good is 25 units.
Suppose price of the good increases to Rs.5 and as a result the demand or the good falls
to 20 units. Calculate the price elasticity. Interept the answer. 4

18. Consider an economy discribe by the following functions C = 20 + 0.80y,


I = 30, g= 50 ,TR = 100. 6
a. Find the equilibrium level of income and autonomous expenditure
multiplier in the model.
b. If expenditure increased by 30 .What is the impact of equilibrium
income ?
19. From the following data calculate personal income and personal disposable
income. 6
Net domestic product at factor cost 8000 cr
Net factor income from abroad 200 cr
Undistributed profit 1000 cr
Corporate Tax 500 cr
Interest received by households 1500 cr
Interest paid by households 1200 cr
Transfer income 300 cr
Personal Tax 500 cr
20. Distinguish between Monopoly and Monopolistic competition 4
21. In an economy income increase by 40000 crores as a result of a rise in invest
ment by 4000 crores calculate :- 4
a. Investment Multiplier
b. Marginal Propensity to consume
22. Role of RBI at the time of inflation. 8

Group VI