AHSEC Class 12 Economics Question Papers 2023
Full Marks: 80
Pass Marks: 24
Time: Three Hours
The figures in the margin indicate full marks for the questions.
PART-A
1. Answer the following: 1x6=6
(a) Define personal
disposable income.
(b) What is the primary
objective of commercial bank?
(c) Net indirect taxes are
estimated as –
(1) Indirect taxes +
Subsidies.
(2) Subsidies – Indirect
taxes.
(3) Indirect taxes –
Subsidies.
(4) Both (2) and (3)
(Choose the correct option)
(d) Give two examples of
capital expenditure of the government budget.
(e) What type of budget
should the government prepare during inflation?
(f) In order to encourage
investment in the economy; the central bank will adopt which of the following
measures?
(1) Increase cash reserve
ratio.
(2) Reduce cash reserve
ratio.
(3) Increase bank rate.
(4) None of the above. (Choose the correct option)
2. Answer the following: 2x6=12
(a) A firm produces goods
of Rs. 500 per year and uses intermediate goods of worth Rs. 250. The cost of depreciation
is Rs. 20 per year. Calculate gross value addition and net value addition by
the firm.
Or
What do you understand by
the problem of double counting in the context of national income accounting?
(b) Calculate national
income with the following data.
GDP at market price: Rs.
830 crore.
Depreciation: Rs. 120
crore.
Net indirect taxes: Rs. 70
crore.
Net factor income from
abroad: Rs. 40 crore.
Or
Differentiate between
nominal GDP and real GDP.
(c) Write two objectives of
government budget.
(d) Write two differences
between revenue expenditure and capital expenditure.
Or
What is revenue receipt?
How it is different from capital receipt?
(e) What is deficit demand?
Write one cause of deficit demand.
Or
What are the factors that
affect investment demand in an economy?
(f) Write two merits of
fixed exchange rate.
Or
Define spot and forward
exchange rate.
3. Explain the expenditure method of
calculating national income. 4
Or
Discuss the circular flow
of national income in a two sector economy.
4. Discuss the functions of money. 4
5. There is a plan to increase national
income from Rs. 1,500 crore to Rs. 4,000 crore. If MPC = 0.6, then what should
be the change in investment to achieve the goal? 4
Or
What is marginal
propensity to consume (MPC) and marginal propensity to save (MPS)? Show that
MPC + MPS = 1. 1+1+2=4
6. Outline how equilibrium exchange rate is
determined in free market system. 4
Or
Write a note on ‘balance of
payment’.
7. Discuss the working of investment
multiplier with example. 6
Or
Explain diagrammatically
how equilibrium level of employment and income is determined in a two sector
economy with the concept of aggregate demand and aggregate supply.
PART-B
8. Answer the following: 1x6=6
(a) What is poverty line?
(b) Name any two Navaratna
industries.
(c) Who is known as the
architect of economic planning in India?
(d) What do you understand
by jobless growth?
(e) Name two unconventional
sources of energy.
(f) Which of the following
is a cause of ozone layer depletion?
(1) Noise pollution.
(2) Air pollution.
(3) Water pollution.
(4) None of the above.
(Choose the correct option)
9. Answer the following: 2x6=12
(a) Write two objectives
behind infrastructure development in India by the British government during
Colonial rule.
(b) Write two objectives of
NITI Aayog.
Or
Write two factors that
necessitates the introduction of economic reform in India.
(c) Correctly match the two
sides of the following table:
|
Country |
Rank Based on Human Development Index
2022 |
|
India China Pakistan Bangladesh |
79 129 132 161 |
(d) Write the full form of
AYUSH.
Or
What do you understand by
medical tourism?
(e) Write one positive and
one negative impact of globalisation in the Indian economy.
(f) Write two differences
between formal and informal sources of rural credit.
Also Read: AHSEC Class 12 Economics Question Paper
10. Write the features of the Industrial
Policy, 1956. 4
Or
Briefly discuss the problems
faced by the Indian agriculture sector in pre-reform period.
11. Discuss four important causes of poverty
in India. 4
12. Write a note on condition of health
infrastructure in India. 4
Or
What is workforce? Write
the causes of low workforce participation rate of female as compared to male. 1+3=4
13. Write a comparative note on the
contribution of agriculture, industry and service sectors to the respective
economies of India, China and Pakistan. 4
Or
Briefly describe the path
of economic development of China.
14. How is human development a broader term
as compared to human capital? What are the main problems of human capital
formation in India? 3+3=6
Or
Discuss how agricultural activities can be diversified. 6
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