HBSE Class 12 Question Paper 2024 Economics

Haryana Board

QUESTIONPDF

PAPERS
2024

HBSE PYQP

CLASS : 12th (Sr. Secondary) Code No. 1212
Series : SS/Annual Exam.-2024
Roll No. SET : A
vFkZ'kkL=
ECONOMICS
[ fgUnh ,oa vaxzsth ek/;e ]
[ Hindi and English Medium ]
ACADEMIC/OPEN
(Only for Fresh/Re-appear/Improvement/Additional Candidates)
le; % 3 ?k.Vs ] [ iw.kk±d % 80
Time allowed : 3 hours ] [ Maximum Marks : 80
• Ñi;k tk¡p dj ysa fd bl iz'u&i= esa eqfnzr i`"B 16 rFkk iz'u 34 gSaA
Please make sure that the printed pages in this question paper are 16 in number
and it contains 34 questions.

• iz'u&i= esa nkfgus gkFk dh vksj fn;s x;s dksM uEcj rFkk lsV dks Nk= mÙkj&iqfLrdk ds eq[;&i`"B ij
fy[ksaA
The Code No. and Set on the right side of the question paper should be written by
the candidate on the front page of the answer-book.
• Ñi;k iz'u dk mÙkj fy[kuk 'kq: djus ls igys] iz'u dk Øekad vo'; fy[ksaA
Before beginning to answer a question, its Serial Number must be written.
• mÙkj&iqfLrdk ds chp esa [kkyh iUuk@iUus u NksMas+A
Don’t leave blank page/pages in your answer-book.
• mÙkj&iqfLrdk ds vfrfjDr dksbZ vU; 'khV ugha feysxhA vr% vko';drkuqlkj gh fy[ksa vkSj fy[kk mÙkj u
dkVsaA
Except answer-book, no extra sheet will be given. Write to the point and do not
strike the written answer.

1212/(Set : A) P. T. O.

(2) 1212/(Set : A)
• ijh{kkFkhZ viuk jksy ua0 iz'u&i= ij vo'; fy[ksaA jksy ua0 ds vfrfjDr iz'u&i= ij vU; dqN Hkh u
fy[ksa vkSj oSdfYid iz'uksa ds mÙkjksa ij fdlh izdkj dk fu'kku u yxk,¡A
Candidates must write their Roll No. on the question paper. Except Roll No. do not
write anything on question paper and don't make any mark on answers of objective
type questions.
• d`i;k iz'uksa ds mÙkj nsus lss iwoZ ;g lqfuf'pr dj ysa fd iz'u&i= iw.kZ o lgh gS] ijh{kk ds mijkUr bl
lEcU/k
lEcU/k esa dksbZ Hkh nkok Lohdkj ugha fd;k tk;sxkA
Before answering the questions, ensure that you have been supplied the correct and
complete question paper, no claim in this regard, will be entertained after
examination.
lkekU; funsZ'k %
(i) iz'u&i= ds nks Hkkx gSa % Hkkx&v ¼O;f"V vFkZ'kkL=½ rFkk Hkkx&c ¼lef"V vFkZ'kkL=½A
(ii) lHkh iz'u vfuok;Z gSaA
(iii) izR;sd iz'u ds fu/kkZfjr vad mlds lkeus fn, x, gSaA

(iv) iz'u la[;k 1 ls 10 rFkk 18 ls 27 oLrqfu"B iz'u gSAa çR;sd iz'u 1 vad dk gSA funsZ'kkuqlkj bu
iz'uksa ds mÙkj nhft,A
(v) iz'u la[;k 11-12 rFkk 28-29 vfr-y?kwÙkjkRed iz'u gSa ftuesa izR;sd iz'u 3 vadksa dk gSA
izR;sd dk mÙkj lkekU;r% 30 'kCnksa ls vf/kd ugha gksuk pkfg,A
(vi) iz'u la[;k 13 ls 15 rFkk 30 ls 32 rd y?kwÙkjkRed iz'u gSa ftuesa izR;sd iz'u 4 vadksa dk gSA
izR;sd dk mÙkj lkekU;r% 60 'kCnksa ls vf/kd ugha gksuk pkfg,A
(vii) iz'u la[;k 16-17 rFkk 33-34 rd nh?kZ mÙkjkRed iz'u gSa ftuesa izR;sd iz'u 6 vadksa dk gSA
izR;sd dk mÙkj lkekU;r% 130 'kCnksa ls vf/kd ugha gksuk pkfg,A
(viii) dqN iz'uksa esa vkUrfjd NwV miyC/k gSA ,sls iz'uksa esa ls vkidks dsoy ,d gh iz'u djuk gSA

(ix) 'kCn-lhek lw=ksa] la[;kRed rFkk js[kkfp= okys ç'uksa ij ykxw ugha gSA

1212/(Set : A)

(3) 1212/(Set : A)
General Instructions :
(i) The question-paper contains two Sections : Section-A (Micro-Economics) &
Section-B (Macro Economics).
(ii) All questions are compulsory.
(iii) Marks for questions are indicated against each.
(iv) Question Nos. 1 to 10 and 18 to 27 are objective type questions. Each
question carries 1 mark. Answer these questions as per instructions.
(v) Question Nos. 11-12 and 28-29 are very short answer type questions
carrying 3 marks each. Answer to these should normally not exceed 30
words each.
(vi) Question Nos. 13 to 15 and 30 to 32 are short answer type questions
carrying 4 marks each. Answer to these should normally not exceed 60
words each.
(vii) Question Nos. 16-17 and 33-34 are long answer type questions carrying 6
marks each. Answer to these should normally not exceed 130 words each.
(viii) Internal choice is available in some questions. You have to attempt only one
of the given choice.
(ix) Word limit is not applicable to formulae, numericals and diagrammatical
questions.

Hkkx – v [ M. M. : 40
SECTION – A
[ O;f"V vFkZ'kkL= ]
[ Micro Economics ]
[ oLrqfu"B iz'u ]
[ Objective Type Questions ]
fuEufyf[kr iz'uksa ds lgh fodYi pqfu;s %
Choose the correct option of the following questions :

1. fuEu esa ls dkSu-lk O;f"V vFkZ'kkL= dk v/;;u gS \ 1
(A) jk"Vªh; vk;
(B) oLrq dher dk fu/kkZj.k
(C) Hkkjr esa Ñf"k dh leL;k
(D) lexz ek¡x

1212/(Set : A) P. T. O.

(4) 1212/(Set : A)
Which one is studied in Micro Economics ?
(A) National Income (B) Price determination of a good
(C) Agricultural problem in India (D) Aggregate demand

2. lhekar mi;ksfxrk gks ldrh gS % 1
(A) /kukRed (B) _.kkRed
(C) 'kwU; (D) mijksDr lHkh
Marginal Utility can be :
(A) Positive (B) Negative
(C) Zero (D) All of the above

3. lgh lehdj.k pqusa % 1
MR AR
(A) AR = (B) TR =
Q Q
∆TR
(C) MR = (D) AR = TR × Q
∆Q

Choose the correct equation :
MR AR
(A) AR = (B) TR =
Q Q
∆TR
(C) MR = (D) AR = TR × Q
∆Q

4. le-foPNsn fcUnq ij QeZ dh ykHk-gkfu gksrh gS % 1

(A) 'kwU; (B) /kukRed
(C) _.kkRed (D) dksbZ ugha
On break-even point, profit and loss of the firm will be :

(A) Zero (B) Positive

(C) Negative (D) None

1212/(Set : A)

(5) 1212/(Set : A)
5. larqyu fcUnq og fcUnq gS ftl ij ek¡x o iwfrZ dh 'kfDr;k¡ gksrh gSa % 1

(A) vkxs&ihNs gks tkrh gS (B) cjkcj ugha gksrh
(C) cjkcj gksrh gS (D) dk;Z ugha djrh
Equilibrium point is the point at which the force of demand and supply :

(A) goes back and forth (B) is not equal

(C) are equal (D) Not work

fjDr LFkkuksa dh iwfrZ djsa %
Fill in the blanks :

6. Lora= vFkZO;oLFkk esa vkfFkZd fØ;kvksa ij ------------- dk fu;a=.k gksrk gSA ¼ljdkj/cktkj 'kfDr;ksa½ 1

In a free economy, economic activities are controlled by ……………. .
(Government/Market forces)

7. ;fn iwfrZ dh yksp ,d ls vf/kd gS] rks iwfrZ --------------- gksrh gSA ¼csykspnkj/ykspnkj½ 1

If the elasticity of supply is greater than one, the supply is ………… .
(Unelastic/Elastic)

8. tc MR /kukRed gksrk gS] rks TR …………….. gksrk gSA 1
¼?kVrh nj ls c<+ jgk/c<+rh nj ls c<+ jgk½
When MR is positive, then TR will ……………. .
(Increasing at decreasing rate/Increasing at increasing rate)

1212/(Set : A) P. T. O.

(6) 1212/(Set : A)
fuEufyf[kr iz'uksa ¼9 rFkk 10½ esa nks dFku fn;s x;s gSa % vfHkdFku (A) rFkk rdZ (R) dFkuksa dks i<+dj
uhps fn, x, fodYiksa esa ls lgh fodYi dk p;u djsa %
The question below (9 & 10) consists of two statements : Assertion (A) and
Reason (R). Read the statements and choose one of the correct alternatives
given below :

9. vfHkdFku (A) : ctV js[kk ds ckgj dksbZ Hkh fcUnq vçkI; la;ksxksa dks çdV djrk gSA 1

rdZ (R) : laryq u dh fLFkfr esa rVLFkrk oØ rFkk dher js[kk ,d-nwljs dks Li'kZ djrs gSaA
fodYi %
(A) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k gSA
(B) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k ugha gSA
(C) vfHkdFku (A) lR; gS] ijUrq rdZ (R) vlR; gSA
(D) vfHkdFku (A) vlR; gS] ijUrq rdZ (R) lR; gSA

Assertion (A) : Any point outside the budget line represents non-attainable
combinations.

Reason (R) : In a situation of equilibrium the indifference curve and budget line
touches each other.
Option :

(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).

(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the
correct explanation of Assertion (A).

(C) Assertion (A) is true, but Reason (R) is false.

(D) Assertion (A) is false, but Reason (R) is true.

1212/(Set : A)

(7) 1212/(Set : A)
10. vfHkdFku (A) : iwfrZ rFkk iwfrZ dh ek=k le:i /kkj.kk,¡ gSaA 1

rdZ (R) : cktkj iwfrZ vuqlfw p ls vfHkçk; leLr m|ksx dh iwfrZ vuqlwfp ls gSA
fodYi %
(A) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gaS rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k gSA
(B) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k ugha gSA
(C) vfHkdFku (A) lR; gS] ijUrq rdZ (R) vlR; gSA
(D) vfHkdFku (A) vlR; gS] ijUrq rdZ (R) lR; gSA

Assertion (A) : Supply and Quantity Supplied are similar concept.

Reason (R) : Market Supply Schedule means the Supply Schedule of the entire
industry.

Option :
(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).
(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the
correct explanation of Assertion (A).
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false, but Reason (R) is true.

[ vfr&y?kwÙkjkRed iz'u ]
[ Very Short Answer Type Questions ]

11. lhekar vkxe ls D;k vfHkçk; gS \ lhekar vkxe Kkr djus dk lw= fy[ksaA 3
What do you mean by Marginal Revenue ? Write the formula for calculate
Marginal Revenue.
1212/(Set : A) P. T. O.

(8) 1212/(Set : A)
vFkok
OR

dkjd ds çfrQy o iSekus ds çfrQy esa rhu varj fy[ksaA
Write three differences between Return to a Factor and Return to Scale.

12. ek¡x ds fLFkj jgus ij iwfrZ esa gksus okys ifjorZu dk larqyu dher ij iM+us okys çHkko dks lfp=
le>k,¡A 3
Explain the effects on equilibrium price of change in supply, while demand
remain constant with diagram.

[ y?kwÙkjkRed iz'u ]
[ Short Answer Type Questions ]

13. vkfFkZd leL;k D;k gS \ blds mRiUu gksus ds dkj.k crk,¡A 4
What is Economic Problem ? Write its causes.

vFkok
OR

O;f"V vFkZ'kkL= dh fo"k; lkexzh dk o.kZu djsaA
Explain the subject matter of Micro Economics.

14. rkfydk iwjh djsa % 4
mRiknu ¼b0½ dqy ykxr ` vkSlr fLFkj ykxr vkSlr ifjorZu'khy ykxr
0 75
1 95
2 110
3 155

1212/(Set : A)

(9) 1212/(Set : A)
Complete the Schedule :

Production (U) Total Cost ` Average Fixed Average Variable
Cost Cost

0 75

1 95

2 110

3 155

15. iwfrZ esa o`f) ds dkj.k fy[ksAa 4

Write the causes of increase in supply.

[ nh?kZ mÙkjkRed iz'u ]
[ Long Answer Type Questions ]

16. ek¡x dk fu;e D;k gS \ ek¡x oØ ds _.kkRed gksus ds dkj.k crk,¡A 6

What is Law of Demand ? Why does demand curve slope downwards ?

vFkok
OR

ek¡x dh dher yksp ls D;k vfHkçk; gS \ oLrq dh dher ` 4 çfr bdkbZ ls c<+dj ` 5 çfr bdkbZ gks
tkus ij bldh ek¡x 20 bdkb;ksa ls ?kVdj 10 bdkb;k¡ jg tkrh gSaA dqy O;; fof/k }kjk ek¡x dh dher
yksp dh x.kuk djsaA
What do you mean by Price Elasticity of Demand ? The price of a goods increase
from ` 4 per unit to ` 5 per unit and its quantity demanded reduce to 10 units
from 20 units. Calculate price elasticity of demand by Total Expenditure
Method.

1212/(Set : A) P. T. O.

( 10 ) 1212/(Set : A)
17. iwfrZ esa deh] iwfrZ esa o`f)] iwfrZ dk ladqpu rFkk iwfrZ ds foLrkj dks lfp= le>kb,A 6
Explain with diagram : Increase in Supply, Decrease in Supply, Contraction of
Supply and Extension of Supply.

vFkok
OR

iw.kZ izfr;ksfxrk cktkj ls D;k vfHkizk; gS \ bldh fo'ks"krk,¡ crk,¡A
What is perfect competition market ? Write its characteristics.

Hkkx – c [ M. M. : 40

SECTION – B

[ lef"V
lef"V vFkZ'kkL= ]
[ Macro Economics ]

[ oLrqfu"B iz'u ]
[ Objective Type Questions ]

fuEufyf[kr iz'uksa ds lgh fodYi pqfu;s %
Choose the correct option of the following questions :

18. ,d fuf'pr le; vof/k esa ekih tkus okyh ek=k dks dgrs gSa % 1

(A) oLrq,¡ (B) çokg
(C) LVkWd (D) buesa ls dksbZ ugha
The quantity measured in a certain time period is called :

(A) Goods (B) Flow

(C) Stock (D) None of these

1212/(Set : A)

( 11 ) 1212/(Set : A)
19. Hkkjr esa jk"Vªh; vk; dk vuqeku dkSu yxkrk gS \ 1

(A) dsUæh; lkaf[;dh laxBu (C. S. O.)
(B) Hkkjrh; fjtoZ cSad (R. B. I.)
(C) jk"Vªh; çfrn'kZ losZ{k.k laxBu (N. S. S. O.)
(D) ;s lHkh
In India National Income is calculated by :

(A) Central Statistics Organisation

(B) Reserve Bank of India

(C) National Sample Survey Organization

(D) All of these

20. Hkkjrh; fjtoZ cSad dh LFkkiuk gqbZ Fkh % 1
(A) 1940 esa (B) 1935 esa
(C) 1950 esa (D) 1920 esa
Reserve Bank of India is established in :
(A) 1940 (B) 1935
(C) 1950 (D) 1920

21. lgh lw= pquas % 1
∆C ∆Y
(A) APC = (B) APC =
∆Y ∆C
Y C
(C) APC = (D) APC =
C Y

1212/(Set : A) P. T. O.

( 12 ) 1212/(Set : A)
Choose the correct formula :
∆C ∆Y
(A) APC = (B) APC =
∆Y ∆C
Y C
(C) APC = (D) APC =
C Y

22. Hkqxrku 'ks"k ds vkfFkZd lkSnksa dks fuEufyf[kr esa ls dkSu&ls oxZ esa ck¡Vk x;k gS \ 1
(A) n`'; ensa (B) vn`'; ensa
(C) iw¡th varj.k (D) mijksDr lHkh
In which of the following categories are the Economic Transaction of Balance of
Payment divided :
(A) Visible items (B) Invisible items
(C) Capital transfer (D) All of the above

fjDr LFkkuksa dh iwfrZ djsa %
Fill in the blanks :

23. x`gLFk {ks= oLrqvksa o lsokvksa dk ------------- djrk gSA ¼miHkksx/mRiknu½ 1

Goods and Services are ……………. by Household Sector. (Consume/Production)

24. dj] ljdkj dks fd;k tkus okyk --------------- Hkqxrku gSA ¼,sfPNd/vfuok;Z½ 1

Tax is a ………… payment to government. (Optional/Compulsory)

25. Hkkjr esa eqæk tkjh djus ds fy, …………….. fof/k dk ç;ksx gksrk gSA 1

¼U;wure lqjf{kr O;oLFkk/vkuqikfrd dks"k O;oLFkk½

To issue currency in India ……………. method is used.

(Minimum Reserve System/Proportional Fund System)

1212/(Set : A)

( 13 ) 1212/(Set : A)
fuEufyf[kr iz'uksa ¼26 rFkk 27½ esa nks dFku fn;s x;s gSa % vfHkdFku (A) rFkk rdZ (R)A dFkuksa dks
i<+dj uhps fn, x, fodYiksa esa ls lgh fodYi dk p;u djsa %
The question below (26 & 27) consists of two statements : Assertion (A) and
Reason (R). Read the statements and choose one of the correct alternatives
given below :

26. vfHkdFku (A) : dkjd vk; vftZr vk; gSA 1
rdZ (R) : ?kjsyw vk; esa fons'kksa ls çkIr 'kq) dkjd vk; 'kkfey gksrh gSA
fodYi %
(A) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k gSA
(B) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k ugha gSA
(C) vfHkdFku (A) lR; gS] ijUrq rdZ (R) vlR; gSA
(D) vfHkdFku (A) vlR; gS] ijUrq rdZ (R) lR; gSA

Assertion (A) : Factor Income is earned income.

Reason (R) : Domestic Income includes net factor income from abroad.

Option :

(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).

(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the
correct explanation of Assertion (A).

(C) Assertion (A) is true, but Reason (R) is false.

(D) Assertion (A) is false, but Reason (R) is true.

1212/(Set : A) P. T. O.

( 14 ) 1212/(Set : A)
27. vfHkdFku (A) : Nk=o`fÙk ,d jktLo O;; gSA 1

rdZ (R) : Nk=o`fÙk ds dkj.k fdlh çdkj dh laifÙk dk fuekZ.k ugha gksrkA
fodYi %
(A) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k gSA
(B) vfHkdFku (A) rFkk rdZ (R) nksuksa lR; gSa rFkk rdZ (R), vfHkdFku (A) dk lgh Li"Vhdj.k ugha gSA
(C) vfHkdFku (A) lR; gS] ijUrq rdZ (R) vlR; gSA
(D) vfHkdFku (A) vlR; gS] ijUrq rdZ (R) lR; gSA
Assertion (A) : Scholarship is a Revenue Expenditure.
Reason (R) : Scholarship does not lead to creation of any asset.
Option :
(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).

(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the
correct explanation of Assertion (A).

(C) Assertion (A) is true, but Reason (R) is false.

(D) Assertion (A) is false, but Reason (R) is true.

[ vfr&y?kwÙkjkRed iz'u ]
[ Very Short Answer Type Questions ]

28. iw.kZ jkstxkj larqyu o vYijkstxkj larqyu esa varj crk,¡A 3
Write the difference between Full Employment Equilibrium and
Underemployment Equilibrium.

1212/(Set : A)

( 15 ) 1212/(Set : A)
vFkok
OR

;fn fdlh vFkZO;oLFkk esa 100 djksM+ #i;s dk vfrfjDr fuos'k fd;k tkrk gS rFkk MPC = 1 gks] rks
2
vk; esa fdruh o`f) gksxh \
1
If additional investment of ` 100 crore is made in an economy and MPC = ,
2
then what will be the increase in income ?

29. O;kikj 'ks"k rFkk Hkqxrku 'ks"k esa rhu varj crk,¡A 3

Write three differences between Balance of Trade and Balance of Payment.

[y?kwÙkjkRed iz'u ]
[ Short Answer Type Questions ]

30. iw¡thoknh vFkZO;oLFkk ds pkj y{k.k fy[ksaA 4

Write four features of Capitalist Economy.

vFkok
OR

vafre rFkk e/;orhZ oLrqvksa esa varj crk,¡A
Tell differences between Final and Intermediate Goods.

31. U;wu ek¡x dks Bhd djus ds jktdks"kh; uhfr ds mik; fy[ksaA 4

Write the measures of Fiscal Policy to control Deficient Demand.

1212/(Set : A) P. T. O.

( 16 ) 1212/(Set : A)
32. dj fdls dgrs gSa \ çR;{k o vçR;{k djksa esa rhu varj fy[ksaA 4
What is Tax ? Write three differences between Direct and Indirect Taxes.

[ nh?kZ mÙkjkRed iz'u ]
[ Long Answer Type Questions ]

33. jk"Vªh; vk; ekius dh vk; fof/k dh O;k[;k djsaA 6

Explain the income method of measuring National Income.

vFkok
OR

jk"Vªh; vk; dh x.kuk esa 'kkfey u gksus okyh enksa dks fy[ksaA
Which activities are not included in the estimation of National Income.

34. eqæk ls vkidk D;k vfHkçk; gS \ blds eq[; dk;Z crk,¡A 6
What do you mean by Money ? Write its main functions.

vFkok
OR

dsUæh; cSd
a ls vkidk D;k vfHkçk; gS \ blds dk;Z fy[ksaA
What do you mean by Central Bank ? Write its functions.

S
1212/(Set : A)

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