Solved papers for 12th Class Economics Solved Paper - Economics 2012 Outside Delhi Set-II

done Solved Paper - Economics 2012 Outside Delhi Set-II Total Questions - 8

  • question_answer1) Explain the central problem of 'how to produce'.

    View Answer play_arrow
  • question_answer2) A farmer takes a farm on rent and carries on farming with the help of family members. Identify explicit and implicit costs from this information. Explain.

    View Answer play_arrow
  • question_answer3) Define a budget line. When can it shift to the right?

    View Answer play_arrow
  • question_answer4) A consumer buys 14 units of a good at a price of Rs. 8 per unit. At price Rs. 7 per unit he spends Rs. 98 on the good. Calculate price elasticity of demand by the percentage method. Comment upon the shape of demand curve based on this information.

    View Answer play_arrow
  • question_answer5) 
    Find Gross Value Added at Factor Cost:
    (i) Unit of output sold  2,000
    (ii) Price per unit of output (Rs) 20
    (iii) Depreciation (Rs) 2,000
    (iv) Change in stock (Rs)                         (-) 500
    (v) Intermediate costs (Rs) 15,000
    (vi) Subsidy (Rs) 3,000

    View Answer play_arrow
  • question_answer6) 
    Find National Income from the following:
    Autonomous Consumption = Rs. 100
    Marginal propensity to consume = 0.60
    Investment = Rs. 200

    View Answer play_arrow
  • question_answer7) 
    Giving reason, explain how should the following be treated while estimating national income:
    (i) Expenditure on free services provided by government.
    (ii) Payment of interest by a government firm.            

    View Answer play_arrow
  • question_answer8) 
    Find out (a) National Income
    (Rs. crore)
    (i) Net imports (-)10
    (ii) Net domestic fixed capital formation 100
    (iii) Private final consumption expenditure 600
    (iv) Consumption of fixed capital 60
    (v) Change in stocks (-)50
    (vi) Government final consumption expenditure      200
    (vii) Net factor income to abroad 20
    (viii) Net current transfers to abroad 30
    (ix) Net indirect tax 70
    (x) Factor income from abroad 10

    View Answer play_arrow

Study Package

Solved Paper - Economics 2012 Outside Delhi Set-II


You need to login to perform this action.
You will be redirected in 3 sec spinner