Rajasthan Board 12th Model Paper 2024 Economics

MODEL
PAPER बोर्ड ऑफ सेकं डरी एज्युके शन राजस्थान
RAJASTHAN BOARD

2024

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ekWMy iz’u i= ijh{kk&2024
fo"k;& vFkZ’kkL=
Subject:-Economics
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le; % 03 ?k.Vs 15 feuV iw.kkZad % 80

ijh{kkfFkZ;ksa ds fy, lkekU; funZs'k %&
GENERAL INSTRUCTION TO THE EXAMINEES:
1- ijh{kkFkhZ loZizFke vius iz'u i= ij ukekad vfuok;Zr% fy[ksaA

Candidate must write first his/her Roll No. on the question paper compulsorily.
2- lHkh iz'u djus vfuok;Z gSA

All the questions are compulasory.
3- izR;sd iz'u dk mÙkj nh xbZ mÙkj iqfLrdk esa gh fy[ksaA
Write the answer to each question in the given answer book only.
4- ftu iz'uksa esa vkUrfjd [k.M gS mu lHkh ds mÙkj ,d lkFk gh fy[ksaA
For questions having more than one part the answers to those parts are to be written
together in continuity.

¼[k.M&^^v**½
SECTION-A

Ikz0 1 CkgqfodYih; ç'u (Multiple Choice Question)
(i) vk/kqfud vFkZ’kkL= ds tud ds :Ik esa fdls tkuk gS& 1
¼v½ fLeFk ¼c½ dhUl
¼l½ fjdkMksZ ¼n½ ek’kZy
Who is known as the father of morden economics-
(A) Smith (B) Keynes
(C) Ricardo (D) Marshall
(ii) ekuoh; Je dk izfrQy gS& 1
¼v½ yxku ¼c½ C;kt
¼l½ ykHk ¼n½ etnwjh
the return of human labor is-
(A) Rent (B) Interest
(C) Profit (D) Wages
(iii) fuEu esa ls dkSulk leLr ekSfnzd lalk/ku gS& 1
¼v½ M1 ¼c½ M2
¼l½ M3 ¼n½ M4
Which of the following is the aggregate monetary resource-
(A) M1 (B) M2
(C) M3 (D) M4
(iv) lêk iz;kstu ds fy, eqnzk dh ekax fuHkZj djrh gS& 1
¼v½ cSad ¼c½ ykHk
¼l½ vk; ¼n½ C;kt
Demand for money the speculative motive depends on-
(A) Bank (B) Profit
(C) Income (D) Interest
(v) ;fn lhekUr miHkksx izo`fr 0-5 gS rks lhekUr cpr izo`fÙk gksxh& 1
¼v½ 0-25 ¼c½ 0-5
¼l½ 1 ¼n½ 0-75
If marginal propensity consumption is 0.5 then marginal propensities saving will be trend-
(A) 0.25 (B) 0.5
(C) 1 (D) 0.75
(vi) Hkkjr esa foÙkh; o"kZ dh vof/k gS& 1
¼v½ 1 tuojh ls 31 fnlEcj ¼c½ 1 tqykbZ ls 30 twu
¼l½ 1 vizsy ls 31 ekpZ ¼n½ 1 ebZ ls 30 vizsy

The period of financial years in India is-
(A) 1 January to 31 December (B) 1 July to 30 June
(C) 1 April to 31 march (D) 1 May to 30 April
(vii) Hkkjr esa oLrq&lsok dj dc ykxw fd;k x;k& 1
¼v½ vizsy 2017 ¼c½ ebZ 2017
¼l½ twu 2017 ¼n½ tqykbZ 2017
When was goods and service tax implemented in India-

(A) April 2017 (B) May 2017
(C) June 2017 (D) July 2017
(viii) fuEu esa ls O;kikj [kkrs dh en ugha gS& 1
¼v½ oLrqvksa dk vk;kr ¼c½ oLRkqvksa dk fu;kZr
¼l½ v rFkk c ¼n½ vUrj Hkqxrku
Which of the following is not an item of trade account-
(A) Import of goods (B) export of goods
(C) A and B (D) Transfer Payment
(ix) O;f"V vFkZ’kkL= esa v/;;u fd;k tkrk gS& 1
¼v½ miHkksDrk dh :ph ¼c½ ,d QeZ dk O;ogkj
¼l½ oLrq dh dher ¼n½ ;s lHkh
Micro economics is studied in-
(A) Taste of Consumer (B) Behavior of a firm
(C) Price of Commodity (D) All these
(x) volj ykxr dks fdl uke ls tkuk tkrk gS& 1
¼v½ dqy ykxr ¼c½ vkfFkZd ykxr
¼l½ vkSlr ykxr ¼n½ lhekUr ykxr
What is opportunity cost known as-
(A) Total Cost (B) Economic Cost
(C) average Cost (D) marginal Cost
(xi) ctV js[kk esa f’k¶V ds fy, mÙkjnk;h dkjd gS& 1
¼v½ miHkksDrk dh vk; ¼c½ oLrqvksa dh dher
¼l½ v rFkk c ¼n½ buesa ls dksbZ ugha
The factor responsible for the shift in budget line-
(A) Consumer Income (B) Price of Good
(C) A and B (D) None of these
(xii) ekax Qyu gS& 1
¼v½ Q=f (P) ¼c½ P=f (Q)
¼l½ Q=f (L) ¼n½ L=f (Q)
Demand function is-
(A) Q=f (P) (B) P=f (Q)
(C) Q=f (L) (D) L=f(Q)
(xiii) fuEufyf[kr esa ls ‘;w’ vkdkj dk oØ ugha gSS& 1
¼v½ vYidkyhu vkSlr ykxr ¼c½ vYidkyhu lhekUr ykxr
¼l½ vkSlr fLFkj ykxr ¼l½ vkSlr ifjorhZ ykxr
Which of the following is not a ‘U’ Shaped Curve-
(A) Short run average cost (B) Short run marginal cost
(C) Average fixed cost (D) Average variable cost
(xiv) mRiknu ds lHkh lk/ku ifjorhZ gksrs gS& 1

¼v½ nh?kZdkyhu esa ¼c½ vYidkyhu esa
¼l½ vfr vYidky esa ¼n½ ;s lHkh

All factor of production are variable-
(A) In the long run (B) In the short run
(C) In the very short run (D) all these
(xv) vf/kekax dh fLFkfr esa cktkj dher gksxh& 1
¼v½ larqyu dher ds cjkcj ¼c½ larqyu dher ls vf/kd

¼l½ larqyu dher ls de ¼n½ fLFkj jgsxhA
In case of excess demand, the market price will be-
(A) Equal to the equilibrium price
(B) More than the equilibrium price
(C) Less than the equilibrium price
(D) Will remain stable
2- fjDr LFkku dh iwfrZ dhft,A
Fill in the blanks.
(i) dhUl dh izfl} iqLrd ------------------------------ gSA 1
It is famous book by Keynes …………….
(ii) xSj ;kstukxr O;; dh izeq[k en -------------------- gSA 1
The main item of non-plan expenditure is …………
(iii) lhekUr miHkksx izo`fr rFkk lhekUr cpr izo`fr dk ;ksx ------------------------- gksrk gSA 1
It the sum of marginal propensity to consume and marginal propensity to saving is……
(iv) oLrq ds cnys oLrq dk fofue; -----------------------------------------------------------dgykrk gSA 1
Exchange of goods in exchange for goods is called……………………
(v) --------------------------- Qyu vkxrks o fuxZrks ds e/; laca/k dks n’kkZrk gSA 1
--------------------------Function shows the relationship between inputs and outputs.
(vi) jsf[kd ekax oØ ds e/; fcUnq ij ekax dh yksp----------------------- ds cjkcj gksrh gSA 1
The elasticity of demand at the midpoint of the liner demand curve is equal to………….
(vii) iw.kZ izfrLi}kZ esa oLrq dh dher dk fu/kkZj.k ---------------------- }kjk fd;k tkrk gSA 1
In perfect competition the price of commodity is determined by…………….
3- vfr y?kqmÙkjkRed
Very short answer
fuEu iz’uksa ds mÙkj 10&20 'kCnksa esa nhft,A
Answer the following questions in 10-20 words.
(i) vkfFkZd ,stsUV fdls dgrs gS\ 1
What is called economic agent?
(ii) fuoy fu;kZr D;k gS\ 1
What is net export?
(iii) vFkZO;oLFkk dh dksbZ ,d dsUnzh; leL;k fyf[k,A 1
Write any one central problem of the economy.
(iv) iw.kZ izfrLi}kZ esa QeZ dk ekax oØ dSlk gksrk gS\ ¼js[kkfp= cukb,½ 1
Who is the demand curve of a firm in perfect competition? (Make a Diagram)
(v) ldy ?kjsyw mRikn D;k gS\ 1
What is gross domestic product?
(vi) jkTkLo ?kkVs dk lq= fyf[k,A 1
Write the formula of revenue deficit.
(vii) fons’kh fofue; cktkj ds nyky dkSu gksrs gS\ fyf[k,A 1
Who are the brokers of the foreign exchange market? Write
(viii) cktkj vFkZO;oLFkk dk ,d mnkgj.k fyf[k,\ 1

Write an example of market economy.
(ix) ctV js[kk D;k gS\ 1
What is the budget line?
(x) ljdkj }kjk ?kkVs dk foÙk iks"k.k dSls fd;k tkrk gS\ 1
How is the deficit financed by the government?
¼[k.M&c½
Section-B

Yk?kqmÙkjkRed iz’u
Short Answer Questions
fuEu iz’uksa ds mÙkj 30&40 'kCnksa esa nhft,A
Answer the following question in 20-40 words.
4- fuos’k dks ifjHkkf"kr dhft,A 2
Define Investment.
5- ldkjkRed vkfFkZd fo’ys"k.k rFkk vkn’kZd vkfFkZd fo’ys"k.k esa vUrj dhft,A 2
Difference between positive economic analysis and normative economic analysis.
6- vuf/keku ekufp= ls vki D;k le>rs gS\ 2
What do you understand by indifference map?
7- iw.kZ izfrLi}kZ cktkj dh nks fo’ks"krkvksa dk mYys[k dhft,A 2
Mention two characteristics of perfectly competitive market.
8- O;kolkf;d cSadks ds izkFkfed dk;ksZ dks le>kb,A 2
Explain the primary functions of commercial banks.
9- xq.kd dh izfØ;k dks la{ksi esa le>kb,A 2
Explain briefly the process of multiplier.
10- vYidky rFkk nh?kZdky dh ladYiuk dks le>kb,A 2
Explain the concept of short run and long run.
11- cktkj larqyu fdls dgrs gS\ js[kkfp= Hkh cukb,A 2
What is market equilibrium? Also make a diagram.
12- ;fn (i). miHkksx Qyu% C = 40 + 0.8Y 2
(ii). fuos’k Qyu% I = 10
gS Rkks larqyu vk; Kkr dhft,A
If (i) Consumption function C = 40 + 0.8Y
(ii) Investment function I = 10
Find the equilibrium income.
13- O;kikj ?kkVk rFkk O;kikj vkf/kD; dks le>kb,A 2
Explain trade deficit and trade surplus.
14- voewY;u dks ifjHkkf"kr dhft,A voewY;u djus ij fons’kh fofue; nj ij D;k izHkko iM+rk gS\ 2
Define devaluation. What effect does devaluation have on foreign exchange rates?
15- ekax dh dher yksp dh nks Jsf.k;ksa dk mYys[k dhft,A 2
Mention two categories of price elasticity of demand.
¼[k.M&l½
Section-C
nh?kZmÙkjkRed iz’u
Long Answer Questions
fuEu iz’uksa ds mÙkj 60&80 'kCnksa esa nhft,A
Answer the following question in 60-80 words.
16- fuEufyf[kr dks Li"V dhft,& 3

(i) LVkWd ,oa izokg (ii) miHkksDrk oLrq,a ,oa iwathxr oLrq,a
Explain the following.
(i) Stock and Flow (ii) Consumer goods and Capita goods
vFkok(OR)
fuEufyf[kr vk¡dkM+ksa ls dkjd ykxr ij fuoy jk"Vªh; vk; Kkr dhft,A
(i) ldy ?kjsyw mRikn = 1000 djksM+
(ii) fons’kksa ls fuoy dkjd vk; = 150 djksM+
(iii) fuoy vizR;{k dj = 200 djksM+

(iv) ewY; ãl = 50 djksM+
From the following data find national income at net factors cost.
(i) Gross Domestic Product = 1000Cr.
(ii) Net Factors Income from Abroad = 150Cr.
(iii) Net Indirect Tax = 200Cr.
(iv) Depreciation = 50 Cr.

17- jktLo izkfIr;ka rFkk iwathxr izkfIr;ka dks le>kb,A 3
Explain revenue receipts and capital receipts.
vFkok(OR)
?kkVs esa dVkSrh ds fo"k; esa ijke’kZ dhft,A
Discuss the issue of deficit reduction.

18- vkSlr mIrkn rFkk lhekUr mRikn dks la{ksi esa le>kb,A 3
Briefly explain average product and marginal product.
vFkok(OR)
fUkEu lkj.kh esa vkSlr mRikn rFkk lhekUr mRikn dh x.kuk dhft,A
Calculate average product and marginal product in the following table.

Je dh bdkb;ka dqy mRikn vkSlr mRikn lhekUr mRikn
Units of Labour Total Average Product Marginal Product
Product
0 0 - -
1 5 - -
2 15 - -
3 30 - -
4 40 - -

19- ,d oLrq dh dher 10: ,oa iwfrZ 100 bdkb;ka gSA dher c<+dj 12 :- gksus ij iwfrZ c<+dj 150
bdkb;ka gks tkrh gS rks iwfrZ dh yksp Kkr dhft,A 3
The Price of a commodity is Rs. 10 and the supply is 100 units. If the price increase to Rs.
12 and supply increase to 150 units, Calculate the price elasticity of supply.
vFkok(OR)
,d QeZ ds iwfrZ oØ ds fu/kkZjdksa dk o.kZu dhft,A ¼dksbZ nks½
Explain the factor determining the supply curve of a form (Any Two)
¼[k.M&n½
Section-D
fucU/kkRed iz’u
Essay type Questions
fuEu iz’uksa ds mÙkj 100&150 'kCnksa esa nhft,A
Answer the following question in 100-150 words.

20- Hkkjr ds lUnHkZ esa Hkkjrh; fjtoZ cSad ds dk;ksZ dk o.kZu dhft,A 4
Describe the function of reserve Bank of India in the context of India.

vFkok(OR)
oLrq fofue; iz.kkyh ds nks"kksa dk mYys[k dhft,A eqnzk bu nks"kksa dks fdl izdkj nwj djrh gS\
foospuk dhft,A
Mention the disadvantages of the barter system. How does currency remove these defects?

Discuss.
21- miHkksDrk ds b"Vre p;u ls vki D;k le>rs gS\ ctV js[kk rFkk vuf/keku oØ dh lgk;rk ls
Li"V dhft,& 4
What do you understand by optimal choice of consumer? Explain with the help of budget
line and indifference curve-
vFkok(OR)
ekax oØ esa f’k¶V rFkk ekax oØ dh fn’kk esa xfr dks le>kb,A
Explain the shift in demand curve and movement in the direction of demand curve.

22- ifjorhZ vuqikr fu;e dh js[kkfp= dh lgk;rk ls O;k[;k dhft,A 4
Explain the low of variable proportions with the help of diagram.

vFkok(OR)
nh?kZdkyhu vkSlr ykxr rFkk nh?kZdky lhekUr ykxr esa lEcU/k dks lfp= Li"V dhft,A
Explain graphically the relationship between long run average cost and long run marginal
cost.