Rajasthan Board Varishtha Upadhyaya Question Paper 2020 Economics

 Roll No.

No. of Questions – 30
No. of Printed Pages – 7 VU-10-Econ.
 (ECONOMICS)
  , 2020
 3¼ 
 80

     

GENERAL INSTRUCTIONS TO THE EXAMINEES :

(1)    -     

Candidate must write first his / her Roll No. on the question paper compulsorily.

(2)      

All the questions are compulsory.

(3)       -    

Write the answer to each question in the given answer-book only.

VU-10-Econ. [ Turn over

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(4)      ,         
For questions having more than one part, the answers to those parts are to be written
together in continuity.

(5) -    
       //      
    
If there is any error / difference / contradiction in Hindi & English versions of the
question paper, the question of Hindi version should be treated valid.

(6)          

 1-10 1 10 

 11-18 2 20 

 19-27 4 30-40 

 28-30 6 250-300 

Section Q. Nos. Marks per question Word limit of
answer

A 1-10 1 10 words

B 11-18 2 20 words

C 19-27 4 30-40 words

D 28-30 6 250-300 words

(7)   28, 29  30     
Question Nos. 28, 29 and 30 have internal choices.

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 – 
SECTION – A

1.                 ?
In which branch of economics do we study the general theory of income and
employment ? 1

2.        ?
According to whom economics is the study of wealth ? 1

3.        ?
What is meant by limitation of resources ? 1

4.      ?
What is meant by supply ? 1

5.       
Define labour intensive techniques. 1

6.       
Write the name of two perishable goods. 1

7.      ?
What is meant by stock ? 1

8.      ?
What is meant by depreciation ? 1

9.        ?
What do you understand by Gross Investment ? 1

10.      
Define Balanced Budget. 1

VU-10-Econ. [ Turn over

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 – 
SECTION – B

11.          
Explain briefly static analysis and dynamic analysis. 1+1=2

12.      
Draw the budget line diagram. 2

13.         
State any two features of perfect competition market. 1+1=2

14.       (NNPMP)           
 
Write the formula to calculate Net National Product at factor cost from Net National
Product at Market Price (NNPMP). 2

15.        (GDDMP) ` 4,000    ` 800  , 
      (NDPMP)   
If Gross Domestic Product at market price is à` 4,000 crore and depreciation is 800 crore
then calculate Net Domestic Product at market price. 2

16.          
According to classical economists explain the concept of aggregate supply. 2

17.       
Explain briefly the supplementary budget. 2

18. ‘ ’   
Explain ‘BHIM app’. 2

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 – 
SECTION – C

19.           
Explain the consumer’s equilibrium with the help of the indifference curves. 2+2=4

20.    ‘B’       

   (` ) 05 10 15 20

‘A’    07 12 19 28

‘B’    – – – –

  20 30 50 60

Calculate the supply of Producer ‘B’ from the following data : 4

Price of Goods (`) 05 10 15 20

Supply of Producer ‘A’ 07 12 19 28

Supply of Producer ‘B’ – – – –

Market Supply 20 30 50 60

21.                
Explain the equilibrium price in short-period market in perfect competition with the help
of diagram. 2+2=4

22.   ,        
In your view, mention any four features of Monopolistic competition. 14=4

VU-10-Econ. [ Turn over

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23.            
Write the definition and formula of Gross Domestic Product at market price. 2+2=4

24.         
Explain any four limitations of credit creations. 14=4

25.          
Explain the induced investment with the help of diagram. 2+2=4

26.   ,            ?
In your view, what are the step taken by the government under the fiscal policy ? 4

27.  ,             ?
In your view, what is the importance of budget as an instrument of economic policies ? 4

 – 
SECTION – D

28.      ?              
 

        ?            
      
What is Demand Curve ? Explain the shift in demand curve to the right and left with the
help of diagrams. 2+2+2=6
OR
What are the complementary goods and substitute goods ? Explain the effect of increase
of price on the demand of these goods with the help of diagrams. 2+2+2=6

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29.             

              
Explain the average product and marginal product with the help of diagrams. 4+2=6
OR
Explain the long-run average cost and long-run marginal cost with the help of diagrams.
4+2=6

30.           

               
Explain broadly any three functions of Central Bank. 2+2+2=6
OR
Explain broadly any three principal tools of monetary policy of Reserve Bank of India.
2+2+2=6
____________

VU-10-Econ. [ Turn over

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