Kisi ke pass economic ka paper …

Code : 7/12/2020 PRE BOARD EXAMINATION ECONOMICS Time Allowed : 3 hrs Maximum Marks : 80 General Instructions: 1. This question paper contains two parts: Part A - Macro Economics (40 marks) Part B - Indian Economic Development (40 marks). 2. Marks for questions are indicated against each question. 3. Question No. 1-10 and Question No. 18 – 27 (including two Case Based Questions) are 1-mark questions and are to be answered in one word/sentence. 4. Case Based Questions (CBQ’s) are Question No. 7-10 and Question No. 24-27. 5. Question No. 11-12 and Question No. 28 – 29 are 3 marks questions and are to be answered in 60 - 80 words each. 6. Question No. 13-15 and Question No. 30 – 32 are 4 marks questions and are to be answered in 80-100 words each. 7. Question No. 16-17 and Question No. 33 – 34 are 6 marks questions and are to be answered in 100-150 words each. 8. Answers should be brief and to the point and the above word limit be adhered to as far as possible. PART A- MACRO ECONOMICS Q1. If factor cost is greater than market price, it means that (1) a) Indirect taxes < Subsidies b) Indirect taxes > Subsidies c) Indirect taxes = Subsidies d) Subsidies = 0 OR A farmer produces wheat without incurring cost of inputs and sells for Rs 1000 to a miller who grinds wheat into flour and sells for Rs. 1,200 to a baker. The baker sells bread to consumers for Rs. 1600. Calculate total value added. (1) a) 1,600 b) 2,200 c) 1,000 d) 1,400 Q2. Loans offered by commercial banks are equal to deposits received by them. True/ False. Give reason. (1) Q3. Which of the following statement is correct? (1) a) Supply of money refers to stock of money held by public at a point of time. b) Supply of money is a flow variable. c) Supply of money includes cash reserves of banks. d) Supply of money refers to bank money.

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