HBSE Class 12 Question Paper 2022 Economics

CLASS : 12th (Sr. Secondary) Code No. 5611
Series : SS-April/2021
Roll No. SET : A
vFkZ'kkL=
ECONOMICS
Hkkx – I
PART – I
¼vkRefu"B iz'u½
(Subjective Questions)
ACADEMIC/OPEN
[ fgUnh ,oa vaxzsth ek/;e ]
[ Hindi and English Medium ]
(Only for Fresh/Re-appear Candidates)

le; : 2 21 ?k.Vs ] [ iw.kk±d : 80 ¼Hkkx–I : 40, Hkkx–II : 40½
Time allowed : 2 21 hours ] [ Maximum Marks : 80 (Part–I : 40, Part–II : 40)

iz'u&i= nks Hkkxkas eas foHkkftr gS % Hkkx–I ¼vkRefu"B½ ,oa
,oa Hkkx–II ¼oLrqfu"B½A ijh{kkFkhZ dks nksuksa Hkkxkas ds iz'ukas
ds mÙkj dks viuh mÙkj iqfLrdk eas fy[kuk gSA iz'u&i= dk Hkkx–I ijh{kk vkjEHk gksus ij igys mÙkj&iqfLrdk
ds lkFk fn;k tk,xk rFkk Hkkx–II ds fy, vkf[kjh dk ,d ?kaVs dk le; fn;k tk,xk vFkkZr~ ijh{kk ijh{kk lekIr
gksus ls ,d ?kaVk iwoZ ijh{kkFkhZ dks Hkkx–II dk iz'u-i= fn;k tk,xkA
Hkkx–I ds iz'u&i= esa dqy 13 iz'u ,oa Hkkx–II ds iz'u&i= eas dqy 40 iz'u gSaA
Question paper is divided into two Parts : Part–I (Subjective type) and Part–II
(Objective type). Answer the questions of both parts in your answer-book. Part–I
of question paper with answer-book will be provided with starting of
Examination and last one hour of Examination will be given for Part–II i.e.
question paper of Part–II will be provided before one hour of the end of
Examination.
Total questions in question paper of Part–I are 13 and of Part–II are 40.

• Ñi;k tk¡p dj ysa fd Hkkx–I ds bl iz'u-i= esa eqfnzr i`"B 7 rFkk iz'u 13 gSaA
Please make sure that the printed pages in this question paper of Part–I are 7 in
number and it contains 13 questions.
5611/(Set : A)/ I P. T. O.

(2) 5611/(Set : A)
• 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 NksMsa+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.

• ijh{kkFkhZ viuk jksy ua0 iz'u&i= ij vo'; fy[ksaA
Candidates must write their Roll Number on the question paper.

• d`i;k iz'uksa dk 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 esa dksbZ Hkh nkok Lohdkj ugha ffd;k
d;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) lHkh iz'u vfuok;Z gSaA
(ii) izR;sd iz'u ds vad mlds lkeus n'kkZ;s x, gSaA

(iii) iz'u la[;k 1 ls 5 rd vfr-y?kwÙkjkRed iz'u gSa ftuesa izR;sd iz'u 2 vadksa dk gSA izR;sd dk
mÙkj lkekU;r% 30 'kCnksa ls vf/kd ugha gksuk pkfg,A
(iv) iz'u la[;k 6 ls 10 rd y?kwÙkjkRed iz'u gSa ftuesa izR;sd iz'u 3 vadksa dk gSA izR;sd dk mÙkj
lkekU;r% 60 'kCnksa ls vf/kd ugha gksuk pkfg,A

5611/(Set : A)/ I

(3) 5611/(Set : A)
(v) iz'u la[;k 11 ls 13 rd nh?kZ mÙkjkRed iz'u gSa ftuesa izR;sd iz'u 5 vadksa dk gSA izR;sd dk
mÙkj lkekU;r% 130 'kCnksa ls vf/kd ugha gksuk pkfg,A
(vi) lHkh nh?kZ mÙkjkRed iz'uksa esa vkUrfjd NwV miyC/k gSA ,sls iz'uksa esa ls vkidks dsoy ,d gh iz'u
djuk gSA
(vii) 'kCn-lhek lw=ksa] la[;kRed rFkk js[kkfp= okys ç'uksa ij ykxw ugha gSA
General Instructions :

(i) All questions are compulsory.
(ii) Marks of each question are indicated against it.
(iii) Question Nos. 1 to 5 are very short answer type questions carrying 2 marks
each. Answer to these should normally not exceed 30 words each.
(iv) Question Nos. 6 to 10 are short answer type questions carrying 3 marks
each. Answer to these should normally not exceed 60 words each.
(v) Question Nos. 11 to 13 are long answer type questions carrying 5 marks
each. Answer to these should normally not exceed 130 words each.
(vi) Internal choice is available in all long answer type questions. You have to
attempt only one of the given choice.
(vii) Word limit is not applicable to formulae, numericals and diagrammatical
questions.

[k.M – v
SECTION – A

[ vfr&y?kwÙkjkRed iz'u ]

[ Very Short Answer Type Questions ]

1. vFkZ'kkL= dh HkkSfrd dY;k.k lEcU/kh ifjHkk"kk nhft,A 2
State the material welfare definition of Economics ?

5611/(Set : A)/ I P. T. O.

(4) 5611/(Set : A)

2. QeZ ds lUrqyu dh 'krs± dkSu-lh gSa \ 2
What are the equilibrium conditions of the firm ?

3. gLrkUrj.k vk; ds nks mnkgj.k nhft,A 2
Give two examples of Transfer Payment.

4. izkFkfed {ks= ls D;k vfHkizk; gS \ 2
What do you mean by Primary Sector ?

5. O;kikfjd cSadksa ds fdUgha nks izkFkfed dk;ks± ds uke crkb,A 2
State any two primary functions of Commercial Banks.

[k.M – c
SECTION – B

[ y?kwÙkjkRed iz'u ]

[ Short Answer Type Questions ]

6. fn, x, vk¡dM+ksa dh lgk;rk ls dqy fLFkj ykxr rFkk vkSlr ifjorZu'khy ykxr Kkr dhft, % 3
mRiknu ¼bdkb;k¡½ 0 1 2 3 4 5 6
dqy ykxr ¼#0½ 40 80 110 126 128 135 180

Calculate Total Fixed Cost and Average Variable Cost with the help of given
data :

Production (Units) 0 1 2 3 4 5 6

Total Cost (Rs.) 40 80 110 126 128 135 180

5611/(Set : A)/ I

(5) 5611/(Set : A)

7. ^,dkf/kdkj* rFkk ^iw.kZ izfr;ksfxrk* esa dksbZ rhu vUrj crkb,A 3

State any three differences between 'Monopoly' and 'Perfect Competition'.

8. ^e/;orhZ oLrqvks*a rFkk ^vfUre oLrqvksa* esa vUrj crkb,A 3
Differentiate between 'Intermediate Goods' and 'Final Goods'.

9. dsUnzh; cSad ds dksbZ rhu dk;Z crkb,A 3

State any three functions of Central Bank.

10. ^Hkqxrku 'ks"k* rFkk ^O;kikj 'ks"k* esa vUrj crkb,A 3

Differentiate between 'Balance of Payments' and 'Balance of Trade'.

[k.M – l
SECTION – C

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

11. ek¡x dh dher yksp dks ekius dh vkuqikfrd fof/k dh O;k[;k dhft,A 5

Explain the proportionate method of measuring price elasticity of demand.

vFkok
OR

,d miHkksDrk ,d oLrq dh 50 bdkb;k¡ 4 #i;s izfr bdkbZ [kjhnrk gSA tc bl oLrq dh dher 25%
fxj tkrh gS] rks bldh ek¡x 100 bdkbZ gks tkrh gSA ek¡x dh dher yksp Kkr djsaA
A consumer buys 50 units of a good at Rs. 4 per unit. When its price falls by
25%, its demand rises to 100 units. Find out the price elasticity of demand.

5611/(Set : A)/ I P. T. O.

(6) 5611/(Set : A)
12. iw.kZ izfr;ksfxrk esa vYidkyhu fLFkfr esa QeZ ds lUrqyu dh lhekUr fof/k }kjk O;k[;k djsaA 5
Discuss short-run equilibrium of the firm in perfect competition by marginal
approach.
vFkok
OR
js[kkfp= dh lgk;rk ls ^iwfrZ ds fu;e* dh la{ksi esa O;k[;k djsaA
Explain in brief, the 'Law of Supply' with the help of a diagram.

13. jk"Vªh; vk; dks ekius dh ^O;; fof/k* dh O;k[;k dhft,A 5

Explain the 'Expenditure Method' of measuring National Income.

vFkok
OR

fuEufyf[kr vkdM+ksa dh lgk;rk ls cktkj dher ij ^'kq) jk"Vªh; mRikn* Kkr djsa %

ensa #0 djksM+ esa

(i) izkFkfed {ks= esa lk/ku ykxr ij 'kq) ewY; o`f) 60,000

(ii) f}rh;d {ks= esa lk/ku ykxr ij 'kq) ewY; o`f) 40,000

(iii) r`rh;d {ks= esa lk/ku ykxr ij 'kq) ewY; o`f) 30,000

(iv) 'kq) vizR;{k dj 20,000

(v) fons'kksa ls izkIr 'kq) lk/ku vk; (–) 5,000

(vi) fLFkj iw¡th miHkksx vFkok f?klkoV 10,000

5611/(Set : A)/ I

(7) 5611/(Set : A)

Calculate Net National Product at market price with the help of the following
data :

Items Rs. Crores

(i) Net value added at factor cost in
primary sector 60,000

(ii) Net value added at factor cost in
secondary sector
40,000

(iii) Net value added at factor cost in
tertiary sector
30,000

(iv) Net indirect tax 20,000

(v) Net factor income from abroad (–) 5,000

(vi) Consumption of fixed capital or
depreciation 10,000

S
5611/(Set : A)/ I P. T. O.

CLASS : 12th (Sr. Secondary) Code No. 5611
Series : SS–April/2021
Roll No. SET : A
vFkZ'kkL=
ECONOMICS
Hkkx – II
PART – II
¼oLrqfu"B iz'u½
(Objective Questions)
ACADEMIC/OPEN
[ fgUnh ,oa vaxzsth ek/;e ]
[ Hindi and English Medium ]
(Only for Fresh/Re-appear Candidates)

• Ñi;k tk¡p dj ysa fd Hkkx–II ds bl iz'u-i= esa eqfnzr i`"B 8 rFkk iz'u 40 gSaA
Please make sure that the printed pages in this question paper of Part-II are 8 in
number and it contains 40 questions.

• ijh{kkFkhZ viuk jksy ua0 iz'u&i= ij vo'; fy[ksaA
Candidates must write their Roll Number on the question paper.

• d`i;k iz'uksa dk 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 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 %
General Instructions :

(i) lHkh iz'u vfuok;Z gSaA
All questions are compulsory.

5611/(Set : A)/ II P. T. O.

(2) 5611/(Set : A)
(ii) iz'u Øekad 1 ls 40 rd oLrqfu"B ¼cgqfodYih;/fjDr LFkku dh iwfrZ/lgh-xyr½ iz'u gSaA izR;sd
iz'u 1 vad dk gSA lgh mÙkj viuh mÙkj&iqfLrdk eas fyf[k,A
Questions from 1 to 40 are objective (Multiple choice/fill in the blanks/true-
false) type questions. Each question is of 1 mark. Write correct answer in
your answer-book.
fuEufyf[kr cgqfodYih; iz'uksa ds lgh fodYi pqfu;s %
Choose the correct alternatives of the following multiple choice type questions :

1. fuEufyf[kr esa ls dkSu-lk O;f"V vFkZ'kkL= dk v/;;u gS \ 1
(A) jk"Vªh; vk; (B) lexz ek¡x
(C) O;kikj pØ (D) ek¡x dk fl)kUr
Which of the following is a study of microeconomics ?
(A) National income (B) Aggregate demand
(C) Trade cycle (D) Law of demand

2. ^fxQsu* oLrq dh fLFkfr esa ek¡x oØ dk <yku gksrk gS % 1
(A) /kukRed (B) _.kkRed
(C) OX-v{k ds lekukUrj (D) OY-v{k ds lekukUrj
In case of 'Giffen' goods, the slope of demand curve is :
(A) Positive (B) Negative
(C) Parallel to OX-axis (D) Parallel to OY-axis

3. ^dsUl* dh fopkj/kkjk fdldh odkyr djrh gS \ 1
(A) fefJr vFkZO;oLFkk dh (B) vFkZO;oLFkk ij ljdkjh fu;U=.k dh
(C) eqDr vFkZO;oLFkk dh (D) mijksDr lHkh
The Keynesian school of thought advocates :
(A) Mixed economy (B) Government control on economy
(C) Free economy (D) All of these

4. ;fn lhekUr miHkksx izo`fr (MPC) = 1 gS] rks xq.kd (K) gksxk % 1
(A) 'kwU; (B) ,d
(C) nks (D) vuUr
If MPC =1, then multiplier (K) will be :
(A) Zero (B) One
(C) Two (D) Infinity

5611/(Set : A)/ II

(3) 5611/(Set : A)
5. Hkkjrh; fjt+oZ cSad dh LFkkiuk fdl o"kZ esa gqbZ \ 1

(A) 1905 bZ0 esa (B) 1920 bZ0 esa

(C) 1935 bZ0 esa (D) 1995 bZ0 esa

In which year, the Reserve Bank of India established ?

(A) 1905 AD (B) 1920 AD

(C) 1935 AD (D) 1995 AD

6. buesa ls dkSu-lk izR;{k dj gS \ 1

(A) lhek 'kqYd (B) fcØh dj

(C) mRIkkn 'kqYd (D) vk; dj
Which of the following is direct tax ?

(A) Custom duty (B) Sales tax

(C) Excise duty (D) Income tax

7. lgh lehdj.k pqfu, % 1

AR MR
(A) TR = (B) AR =
Q Q

∆TR
(C) MR = (D) AR = TR × Q
∆Q

Choose the correct equation :

AR MR
(A) TR = (B) AR =
Q Q

∆TR
(C) MR = (D) AR = TR × Q
∆Q

5611/(Set : A)/ II P. T. O.

(4) 5611/(Set : A)
8. MC oØ] AC oØ dks ml fLFkfr esa dkVrk gS] tc % 1
(A) AC oØ uhps dh vksj fxj jgk gksrk gSA
(B) AC oØ Åij dh vksj mB jgk gksrk gSA
(C) AC oØ U;wure gksrk gSA
(D) buesa ls dksbZ ugha
MC curve cuts AC curve, when :
(A) AC curve is falling.
(B) AC curve is rising.
(C) AC curve is minimum.
(D) None of these

9. iw.kZ izfr;ksfxrk esa QeZ ds lUrqyu dh fLFkfr gksrh gS] tc % 1

(A) MC = TR (B) MC = MR

(C) MC = TC (D) AC = AR

Under perfect competition the firm is in equilibrium, when :

(A) MC = TR (B) MC = MR

(C) MC = TC (D) AC = AR

10. fuEufyf[kr es ls nksgjh x.kuk dh leL;k dkSu-lh fof/k esa gksrh gS \ 1

(A) vk; fof/k esa (B) O;; fof/k esa

(C) mRikn fof/k esa (D) mijksDr lHkh esa
Which of the following method deals with the problem of double counting ?

(A) Income Method (B) Expenditure Method

(C) Product Method (D) All of the above

5611/(Set : A)/ II

(5) 5611/(Set : A)
11. fuEufyf[kr esa ls dkSu-lh xSj-dj izkfIr gS \ 1
(A) migkj dj (B) fcØh dj
(C) migkj vkSj xzkaV (D) mijksDr lHkh
Which of the following is a non-tax receipt ?
(A) Gift tax (B) Sales tax
(C) Gifts and Grants (D) All of the above

12. Hkqxrku lUrqyu ges'kk gksrk gS % 1
(A) izfrdwy (B) lUrqfyr
(C) vuqdwy (D) buesa ls dksbZ ugha
Balance of payments is always :
(A) Unfavourable (B) Balanced
(C) Favourable (D) None of these

mfpr 'kCnksa ls fjDr LFkku Hkjsa %
Fill in the blanks with appropriate words :

13. vFkZ'kkL= ,d ……………. foKku gSA ¼lkekftd] okLrfod½ 1

Economics is a …………………science. (social, natural)

14. rVLFkrk oØ ewy fcUnq dh vksj ……………. gksrk gSA ¼mUurksnj] urksnj½ 1

An indifference curve is ……….. to the point of origin. (convex, concave)

15. ek¡x oØ ds e/; fcUnq ij ek¡x dh dher yksp ……………. gksxhA ¼bdkbZ] bdkbZ ls vf/kd½ 1

Price elasticity of demand at the mid point of a straight line demand curve will
be …………. . (unitary, more than unitary)

16. iSekus ds izfrQy ,d ………………... /kkj.kk gSA ¼vYidkyhu] nh?kZdkyhu½ 1

Returns to a scale is a ………….. concept. (short-run, long-run)

5611/(Set : A)/ II P. T. O.

(6) 5611/(Set : A)
17. vkSlr ykxr oØ …………… gksrk gSA ¼,d lh/kh js[kk] U-vkdkj½ 1

Average cost curve is ………. (a straight line, U-shaped)

18. vkSlr vk; izfr bdkbZ mRiknu dh ……………. gksrh gSA ¼dher] ykxr½ 1

Average revenue is ……………. per unit of output. (price, cost)

19. lkekU; ykHk dh voLFkk esa ……………. A (TR = TC, TR > TC) 1

In a situation of normal profits …………. . (TR = TC, TR > TC)

20. ……………….. dh iwfrZ csykspnkj gksrh gSA ¼nw/k] diM+k½ 1

Supply of …………… is inelastic. (milk, cloth)

21. dher foHksn ……………. cktkj dh voLFkk esa lEHko gSA ¼,dkf/kdkj] iw.kZ izfr;ksfxrk½ 1

Price discrimination is possible under ……………. market.

(monopoly, perfect competition)

22. fo'o egkeUnh dk o"kZ …………… FkkA (1929, 1942) 1

Year of world's great depression was …………. . (1929, 1942)

23. cktkj dher ij ldy ?kjsyw mRikn (GDP) = cktkj dher ij 'kq) ?kjsyw mRikn + …….. A

(vizR;{k dj] f?klkoV O;;) 1

GDP at market price = NDP at market price + …………. .

(Indirect taxes, Depreciation)

5611/(Set : A)/ II

(7) 5611/(Set : A)
24. ……………. voLFkk esa oLrqvksa ds cnys oLrqvksa dk fofue; gksrk gSA ¼oLrq fofue;] ekSfnzd½ 1

In ……………. system goods are exchanged for goods.

(barter system, monetary)

25. Hkkjr esa ,d #i;s ds uksV ………………. }kjk tkjh fd;k tkrk gSA
¼fjt+oZ cSad] dsUnzh; ljdkj½ 1
One rupee note in India is issued by ……………. .

(Reserve Bank, Central Government)

26. tc AS > AD gks] rc vFkZO;oLFkk esa oLrqvksa vkSj lsokvksa dh iwfrZ dh izo`fÙk mudh ek¡x ls
……………. gksxhA ¼vf/kd] de½ 1
When AS > AD, then supply of goods and services in the economy tends to be
……………., than their demand. (more, less)

27. ……………. ,d vizR;{k dj dk mnkgj.k gSA ¼migkj dj] lhek 'kqYd½ 1
……………. is an example of indirect tax. (Gift tax, Excise duty)

28. tc fu;kZr dk ewY; vk;kr ds ewY; ls vf/kd gksrk gS] rc O;kikj lUrqyu ……………. gksxkA
¼vuqdwy] izfrdwy½ 1

When value of exports is more than value of imports, the balance of trade will
be ……………. . (favourable, unfavourable)

fuEufyf[kr dFku lgh gSa ;k xyr
xyr] crkb, %
State whether the following statements are true or false :

29. iwfrZ] LVkWd ls vf/kd gks ldrh gSA 1
Supply can exceed stock.

30. rVLFkrk oØ ij mi;ksfxrk leku jgrh gSA 1
Utility remains same on an indifference curve.

5611/(Set : A)/ II P. T. O.

(8) 5611/(Set : A)
31. ljdkjh ctV ljdkj ds vk; vkSj O;; dk vuqekfur vkdyu gSA 1
Government budget is an estimated statement of revenue and expenditure of
the government.

1
32. xq.kd dk ewY; = . 1
1 − MPS
1
Value of multiplier = .
1 − MPS

33. o`)koLFkk isa'ku] jk"Vªh; vk; esa 'kkfey gksrh gSA 1

Old age pension is included in national income.

34. O;kikj 'ks"k rFkk Hkqxrku 'ks"k esa vUrj ik;k tkrk gSA 1
There is difference between Balance of Trade and Balance of Payments.

35. cSad nj og nj gS tks cSad ljdkj dks _.k nsus ij ysrs gSaA 1
Bank rate is that rate which is charged by the banks when giving loans to the
government.

36. O;f"V vFkZ'kkL= rFkk lef"V vFkZ'kkL= esa dksbZ lEcU/k ugha gSA 1
There is no relationship between Microeconomics and Macroeconomics.

37. ctV js[kk dks le mRikn js[kk Hkh dgrs gSaA 1
Budget line is also known as iso-product line.

38. ?kVrs izfrQy dk fu;e Ñf"k ij ykxw ugha gksrk gSA 1
Law of diminishing returns is not applicable on agriculture.

39. ,dkf/kdkj esa QeZ rFkk m|ksx dk vUrj lekIr gks tkrk gSA 1
The difference between Firm and Industry disappears in monopoly.

40. ^lsok dj* ,d vizR;{k dj gSA 1
'Service tax' is an indirect tax.

S
5611/(Set : A)/ II