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Bihar Board Class 12th Model Paper 2026 Economics (Arts)

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Page 1

iz'u iqfLrdk Øekad / Question Booklet Serial No. :

INTERMEDIATE EXAMINATION – 2026
bUVjehfM,V ijh{kk & 2026
¼ANNUAL@okf"kZd ½ iz'u iqfLrdk lsV
dksM
fo"k; dksM MODEL QUESTION PAPER Question Booklet Set

Subject Code:
326 ECONOMICSElective)
Code

vFkZ”kkL= ¼,sfPNd½
I.A. vkbZŒ,
dqy iz'u % 100 $ 30 $ 8 ¾ 138 dqy eqfnzr i`"B % 40
Total Questions: 100 + 30 + 8 = 138 Total Printed Pages : 40
¼le; % 3 ?kaVs 15 feuV½ ¼iw.kkZad % 100½
[Time : 3 Hours 15 Minutes] [Full Marks : 100]

ijh{kkfFkZ;ksa ds fy, funsZ'k @ Instructions for the candidates :

1- ijh{kkFkhZ OMR mÙkj i=d ij viuk iz'u iqfLrdk Øekad ¼10 vadksa dk½ vo'; fy[ksaA
Candidates must enter his / her Question Booklet Serial No. (10 Digits) in the OMR
Answer Sheet.

2- ijh{kkFkhZ ;FkklaHko vius 'kCnksa esa gh mÙkj nsaA
Candidates are required to give their answers in their own words as far as practicable.

3- nkfguh vksj gkf'k;s ij fn;s gq, vad iw.kkZad fufnZ"V djrs gSaA
Figures in the right-hand margin indicate full marks.

4- iz'uksa dks /;ku iwoZd i<+us ds fy, ijh{kkfFkZ;ksa dks 15 feuV dk vfrfjä le; fn;k x;k gSA
15 minutes extra time have been allotted for the candidates to read the questions carefully.

5- ;g iz'u i= nks [k.Mksa esa foHkä gS & [k.M&v ,oa [k.M&cA
This question booklet is divided into two sections – Section-A and Section-B.

6- [k.M&v esa 100 oLrqfu"B iz'u gSa] ftuesa ls fdUgh 50 iz'uksa dk mÙkj nsuk vfuok;Z gSA 50 iz'uksa
ls vf/kd dk mÙkj nsus ij izFke 50 dk gh ewY;kadu gksxkA izR;sd ds fy, 1 vad fu/kkZfjr gSA
budk mÙkj nsus fy, miyC/k djk, x, OMR mÙkj&i=d esa fn, x, lgh fodYi dks uhys@dkys

Page 1 of 40

Page 2

ckWy isu ls izxk<+ djsaA fdlh Hkh izdkj ds g~okbVuj@ rjy inkFkZ@ CysM@uk[kwu vkfn dk OMR
mÙkj i=d esa iz;ksx djuk euk gS] vU;Fkk ijh{kk ifj.kke vekU; gksxkA
In Section – A there are 100 objective type questions, out of which any 50 questions are to
be answered. If more than 50 questions are answered, then only first 50 will be evaluated.
Each question carries 1 mark. For answering these darken the circle with blue/black ball pen
against the correct option on OMR answer sheet provided to you. Do not use whitener/liquid/
blade/ nail etc. on the OMR answer sheet otherwise the result will be treated invalid.

7- [k.M&c esa 30 y?kq mÙkjh; iz'u gSaA izR;sd ds fy, 2 vad fu/kkZfjr gSa] ftuesa ls fdUgha 15 iz'uksa
dk mÙkj nsuk vfuok;Z gSA buds vfrfjä bl [k.M esa 8 nh?kZ mÙkjh; iz'u fn;s x;s gSa] izR;sd ds
fy, 5 vad fu/kkZfjr gS] ftuesa ls fdUgha 4 iz'uksa dk mÙkj nsuk vfuok;Z gSA

In Section-B there are 30 short Answer Type Questions. Each carrying 2 marks. Out of which
any 15 questions are to be answered. Apart from these, there are 8 Long answer type
questions, each carrying 5 marks, out of which any 4 questions are to be answered.

8- fdlh izdkj ds bysDVªkWfud midj.k dk iz;ksx iw.kZr;k oftZr gSA
Use of any electronic equipment/device is strictly prohibited.

Page 2 of 40

Page 3

[k.M & v @ Section-A
oLrqfu"B iz'u @ Objective Type Questions
iz'u la[;k 1 ls 100 rd ds izR;sd iz'u ds lkFk pkj fodYi fn;s x;s gSa] ftuesa ls ,d
lgh gSA vius }kjk pqus x;s lgh fodYi dks OMR 'khV ij fpfàr djsaA dsoy 50 iz'uksa ds
gh mÙkj nsaA 50 x 1 = 50

Question Nos 1 to 100 have four options each, out of which only one is correct, you have to mark
your selected option on the OMR sheet. Answer any 50 questions. 50 x 1 = 50

1- ,d di pk; dh dher fdl vFkZ”kkL= dh fo’k; oLrq gS \

(A) lef"V vFkZ”kkL= (B) O;f’V vFkZ”kkL=

(C) varjkZ’Vªh; vFkZ”kkL= (D) buesa lHkh

The price of a cup of tea is the subject matter of which economics?

(A) Macro economics (B) Micro economics

(C) International economics (D) All of these

2- cktkj vFkZO;oLFkk esa vkfFkZd fØ;kdykiksa dk leUo; fdlds }kjk gksrk gS \

(A) ljdkj (B) dher ra=

(C) cgqjk’Vªh; daiuh (D) buesa lHkh

In the market economy, economic activities are coordinated by?

(A) Government (B) Price Mechanism

(C) Multinational company (D) All of these

3- ^vkfFkZd fof/k;k¡ gekjs vuqdwy gS ;k ugha^ & bldk fo”ys’k.k fdl vFkZ”kkL= ds vraxZr gksrk

gS\
(A) lef"V vFkZ”kkL= (B) O;f’V vFkZ”kkL=

(C) xf.krh; vFkZ”kkL= (D) vkn”kZd vFkZ”kkL=

Page 3 of 40

Page 4

‘Are the economics processes favourable to us or not’ under which economics is the analysed?

(A) Macro economics (B) Micro economics

(C) Mathematical economics (D) Normative economics

4- og O;oLFkk ftlds }kjk yksx oLrqvksa dks [kjhnus ,oa foØ; dk dk;Z djrs gSa] D;k
dgykrk gS \
(A) Ik;ZVu (B) O;kikj

(C) cktkj (D) lalkj

What is the system by which people buy and sell goods called?

(A) Tourism (B) Business

(C) Market (D) World

5- dher ladsrd D;k n”kkZrs gSa \

(A) oLrq dh lkis{k izpqjrk (B) oLrq dh lkis{k deh

(C) mRiknu ,oa miHkksx esa lek;kstu dh vko”;drk

(D) buesa lHkh

What does the price indicator show?

(A) Relative abundance of good (B) Relative scarcity of good

(C) There is a need for adjustment in production and consumption

(D) All of these

6- mRiknu laHkkouk oØ dh <ky D;k gksrh gS \

(A) /kukRed (B) _.kkRed

(C) “kwU; (D) vlhe

Page 4 of 40

Page 5

What is the slope of production possibility curve?

(A) Positive (B) Negative

(C) Zero (D) Infinite

7- buesa ls dkSu lsokvksa dh Js.kh esa vkrk gS \

(A) [kk| inkFkZ (B) oL=

(C) ty (D) fpfdRlk

Which of these comes under the category of services?

(A) Food articiles (B) clothes

(C) Water (D) Medical treatment

8- ^miHkksx dh oLrq,¡ vf/kd ek=k esa mRikfnr dh tk, ;k fuos”kijd oLrq,¡ ¼e”khu vkfn½*\

;g D;k gS \
(A) vFkZO;oLFkk dh dsUnªh; leL;k (B) miHkksx dh leL;k

(C) ykHk dekus dh leL;k (D) buesa lHkh

‘Should consumption goods be produced in large quantities or investment goods (Machines etc)?’
What is this?

(A) Central Problem of economy (B) Problem of consumption

(C) Problem of making profit (D) All of these

9- vkfFkZd lexzksa ds ek/;e ls iwjh vFkZO;oLFkk dks le>us dk iz;kl D;k gS \

(A) O;f’V vFkZ”kkL= (B) lef’V vFkZ”kkL=

(C) varjkZ’Vªh; O;kikj (D) gekjh uknkuh

Page 5 of 40

Page 6

What is an attempt to understand the whole economy through economic aggregates?

(A) Micro economics (B) Macro economics

(C) International Economics (D) Our ignorance

10- ^vkfFkZd fof/k;k¡ dSls dk;Z djrh gS* \ bldk v/;;u fdlds }kjk fd;k tkrk gS \

(A) ldkjkRed vFkZ”kkL= (B) vkn”kZd vFkZ”kkL=

(C) rdkZRed fo”ys’k.k (D) buesa dksbZ ugha

‘How do economic processes work? – it is studied under which?

(A) Positive Economics (B) Normative economics

(C) logicial analysis (D) None of these

11- mu lHkh oaMyksa ¼x1 x2) dk laxzg tks miHkksDrk orZeku cktkj dher ij viuh vk; ls

[kjhn ldrk gS] D;k dgykrh gSa \
(A) ctV lsV (B) ctV izfrca/k

(C) ewY; lsV (D) (A) ,oa (B) nksuksa

What is the collection of all bundles that a consumer can purchased from his income at current
market price is called?

(A) Budget Set (B) Budget Constraint

(C) Price Set (D) Both (A) and (B)

12- ;fn ctV js[kk ଵ ଵ + ଶ ଶ =  gS rks x- var[kMZ D;k gksxk \

(A)  (B) 
ଶ ଵ

ଵ
(C)  (D) buesa dksbZ ugha
ଶ

If ଵ ଵ + ଶ ଶ =  is the budget line, then what will be the x-interecpt?

(A)  (B) 
ଶ ଵ

ଵ
(C)  (D) None of these
ଶ

Page 6 of 40

Page 7

13- ctV js[kk dh <ky ;g crkrh gS fd miHkksDrk oLrq 1 dh ∆ଵ bdkbZ NksM+dj oLrq 2

dh fdruh ¼∆ଶ ) ek=k Ø; dj lduk gS \ og ek=k gS &
ଵ ଶ
(A)  (B) 
ଶ ଵ

−ଵ −ଶ
(C)  (D) 
ଶ ଵ

A budget line indicates how many units of good 2 (∆‫ݔ‬ଶ) the consumer can purchase by giving
up (∆ଵ) unit of good 1 ? That quantity is -
ଵ ଶ
(A)  (B) 
ଶ ଵ

−ଵ −ଶ
(C)  (D) 
ଶ ଵ

14- ;fn ctV js[kk esa oLrq 1 dh dher c<+rh gS] rks u, ctV js[kk dh <ky ¼izo.krk½ esa D;k

ifjorZu gksxk \
(A) c<+ tk;sxh (B) ?kV tk;sxh

(C) dksbZ ifjorZu ugha gksxk

(D) oLrq ds ewY; ,oa ctV js[kk esa dksbZ laca/k ugha gS

If the price of commodity 1 in budget line increases then what will be the change in the slope of

a new budget line?

(A) Will increase (B) will decrease

(C) There will be no change

(D) There is no relation between the price of the good and the budget line

15- vuf/keku oØ ij fLFkr caMyksa ds izfr miHkksDrk &

(A) i{kikrh jgrk gSa (B) rVLFk jgrk gSa

(C) ijLij fojks/kh (D) buesa dksbZ ugha

Page 7 of 40

Page 8

For bundles lying an indifference curve the consumer is-

(A) Biased (B) Indifferent

(C) Inconsistent (D) None of these

16- vuf/keku oØ dh <ky lkekU;r% D;k gksrh gS \

(A) _.kkRed (B) ewy fcanq dh vksj mÙky

(C) ?kVrh gqbZ (D) buesa lHkh

What is the slope of indifference curve usually?

(A) Negative (B) Convex to the origin

(C) Decreasing (D) All of these

17- vFkZ”kkL= esa lk/kkj.kr% miHkksDrk dks dSlk O;fDr ekuk tkrk gS \

(A) cq)q (B) ;qfDr”khy

(C) pkykd (D) Hkzkra ¼foew<+½

In economics what type of a person a consumer generally considered to be?

(A) Fool (B) Rational

(C) Clever (D) Confused

18- fdlh oLrq dh ek¡x buesa ls fdl vo;o ij fuHkZj djrh gS \

(A) oLrq dh dher (B) miHkksDrk dh vk;

(C) miHkksDrk dh vfHk:fp (D) buesa lHkh

The demand for a commodity depends on which of the following factors?

(A) Price of the commodity (B) Income of the consumer

(C) Taste of the consumer (D) All of these

Page 8 of 40

Page 9

19- ek¡x oØ fdlds chp laca/k dks n”kkZrk gS \

(A) oLrq ds ewY; ,oa ek¡x dh ek=k

(B) miHkksDRkk dh vk; ,oa oLrq ds ek¡x dh ek=k

(C) miHkksDrk dh vfHk:fp ,oa ek¡x dh ek=k

(D) buesa dksbZ ugha

The demand curve shows the relationship between?

(A) Price of the commodity and quantity demanded

(B) Consumer’s income and quantity demanded

(C) Consumers’s taste and quantity demanded

(D) None of these

20- buesa dkSu ek¡x ds fu;e dk miokn gS \

(A) lkekU; oLrq,¡ (B) ?kfV;k ¼fuEuLrjh;½ oLrq,¡

(C) fxQsu oLrq,¡ (D) buesa lHkh

Which of the following is an exception to the law of demand?

(A) Normal goods (B) Inferior goods

(C) Giffen goods (D) All of these

21- ,d jSf[kd ek¡x oØ dh <ky dk lgh fooj.k D;k gS \

(A) gj fcanq ij leku

(B) lHkh fcanqvksa ij vyx&vyx

(C) dqN fcanqvksa ij vyx&vyx ,oa dqN fcUnqvks ij leku

(D) /kukRed

Page 9 of 40

Page 10

What is the correct description of the slope of a linear demand curve?

(A) Same at every point

(B) different at all points

(C) Different at some points and same at some points

(D) Positive

22- ;fn miHkksDrk dh fdlh oLrq ds izfr :fp ?kV tkrh gS] rks ek¡x oØ esa D;k ifjorZu

gksxk\
(A) ck;ha vksj f”k¶V djsxk (B) nk;ha vksj f”k¶V djsxk

(C) mij dh vksj f”k¶V djsxk (D) f”k¶V ugha djsxk

If the consumer’s taste for a product declines, what change occurs in the demand curve?

(A) Will Shift leftward (B) Will shift rightward

(C) Will Shift upward (D) Will not Shift

23- vyx&vyx O;fDr;ksa ds leLrjh; ek¡x oØksa dks tksM+us ls D;k izkIr gksrk gS \

(A) iwfrZ oØ (B) laizkfIr oØ

(C) ykxr oØ (D) cktkj ek¡x oØ

What is obtained by adding the horizontal demand curves of different individuals?

(A) Supply curve (B) Revenue Curve

(C) Cost Curve (D) Market Demand Curve

24- buesa ls fdl oLrq ds ek¡x dh yksp ,d ls vf/kd ௗ > 1 gS \

(A) [kk| inkFkZ (B) vkjenk;d oLrq

(C) foykflrk dh oLrq,¡ (D) buesa lHkh

Page 10 of 40

Page 11

Which of the following goods has elasticity of demand greater than one (ௗ > 1)?

(A) Food Articles (B) Comfort goods

(C) Luxury goods (D) All of these

25- buesa ls fdl dkjd dks ge vYidky esa ugha ifjofÙkZr dj ldrs gaS \

(A) Je (B) moZjd [kkn

(C) flapkbZ (D) e”khu@VªSDVj

Which of the following factors cannot be changed in the short run?

(A) Labour (B) Fertilizers

(C) Irrigation (D) Machine / Tractor

∆௤
26- ] mRiku Qyu = (ଵ, ̅ଶ ) esa fdl ?kVd dks ifjHkkf’kr djrk gSa \
∆௫భ

(A) vkSlr mRikn dks (B) lhekar mRikn dks

(C) dqy mRikn dks (D) buesa ls dksbZ ugha

∆௤
defines which component of a production function = (ଵ , ̅ ଶ ) ?
∆௫భ

(A) Average Product (B) Marginal Product

(C) Total Product (D) None of these

27- buesa ls fdl oØ dk vkdkj ^mYVk U^ vkd`fr dk gksrk gS \

(A) lhekar mRikn (B) dqy mRikn

(C) vkSlr mRikn (D) (A) ,oa (C) nksuksa

The shape of which of these curves is that of ‘inverted U’?

(A) Marginal Product (B) Total Product

(C) Average Product (D) Only (A) and (C)

Page 11 of 40

Page 12

28- dqy ifjoÙkhZ ykxu (TVC) =? tgk¡ dqy ykxr TC ,oa dqy fLFkj ykxr TFC gks \

(A) TC − TFC (B) TC ÷ TFC

(C) TC + TFC (D) TC × TFC

Total variable cost (TVC) = ? where Total cost is TC and total fixed cost is TFC?

(A) TC − TFC (B) TC ÷ TFC

(C) TC + TFC (D) TC × TFC

29- ;fn mRiknu Qyu esa dkjdksa dh ek=k esa t xq.kk o`f) djus ij fuxZr esa t xq.kk o`f) gksrh

gS rks bl ifj.kke dks D;k uke nsaxsa \
(A) iSekus dk ?kVrk izfrQy (B) o/kZeku iSekus dk izfrQy

(C) fLFkj iSekus dk izfrQy (D) buesa dksbZ ugha

If the output increases t times when the quantity of factors in the production function is increased
‘t’ times, then what would this result be called?

(A) Decreasing returns to seale (B) Increasing returns to seale

(C) Constant returns to seale (D) None of these

30- vkSlr fLFkj ykxr oØ dk D;k vkdkj gksrk gS \

(A) mYVk s (B) leLrjh; js[kk

(C) u vkdkj (D) vk;rkdkj vfrijoy

What is the shape of average fixed cost curve?

(A) Inverted S (B) Horizontal straight line

(C) U shaped (D) Rectangular Hyperbola

Page 12 of 40

Page 13

31- buesa dkSu vYidkyhu oØ ^U vkdkj^ dk ugha gksrk gS \

(A) lhekar ykxr oØ (B) vkSlr ykxr oØ

(C) vkSlr fLFkj ykxr oØ (D) dsoy (A) ,oa (B)

Which of these short run curves not ‘U Shaped’?

(A) Marginal cost curve (B) Average cost curve

(C) Average fixed cost curve (D) Only (A) and (B)

32- vkSlr ykxr oØ fdldk ;ksx gS \

(A) vkSlr fLFkj ykxr (B) vkSlr ifjoÙkhZ ykxr

(C) lhekar ykxr (D) dsoy (A) ,oa (B)

The average cost curve is the sum of what?

(A) Average fixed cost (B) Average veriable cost

(C) Marginal cost (D) Only (A) and (B)

33- buesa dkSu oØ ^mYVs U’ vkdkj dk ugha gksrk gS \

(A) lhekar mRikn oØ (B) vkSlr mRikn oØ

(C) dqy mRikn oØ (D) buesa lHkh

Which of the following is not shaped as ‘Inverted U’?

(A) Marginal Product Curve (B) Average Product Curve

(C) Total Product Curve (D) All of these

34- ;fn ( ଵ , ଶ ) > . (ଵ, ଶ) rks ;g fdl iSekus ds izfrQy dks n”kkZrk gS \ ¼;gk¡ ‫ > ݐ‬1)

(A) o/kZeku (B) fLFkj

(C) âkleku (D) buesa dksbZ ugha

Page 13 of 40

Page 14

If ( ଵ , ଶ ) > . (ଵ, ଶ), then which returns to seels does it depict? (Here t > 1)

(A) Increasing (B) Constant

(C) Decreasing (D) None of these

35- vYidkyhu lhekar ykxr dh lgh ifjHkk’kk gS &

(A) ∆dqy ykxr@∆ q (B) dqy ykxr@q

(C) ¼ଵ ij dqy ykxr½&¼ଵ -1 ij dqy ykxr½ (D) (A) ,oa (C) nksuksa

The correct definition of short run marginal cost is?

(A) ∆ Total cost/∆q (B) Total cost/q

(C) (Total cost at q1) – (Total cost at q1-1) (D) Only (A) and (C)

36- fdl cktkj esa vusd QesaZ gksrh gS \

(A) iw.kZ izfrLi/kkZ (B) ,dkf/kdkj

(C) vYikf/kdkj (D) buesa lHkh

In which market there are many firms?

(A) Perfect competition (B) Monopoly

(C) Oligopoly (D) All of these

37- vkSlr laizkfIr ¾ lhekUr laizkfIr ¾ \

(A) q (B) p × q

(C) p ÷ q (D) p

Average revenue = Marginal Revenue = ?
(A) q (B) p × q

(C) p ÷ q (D) p

Page 14 of 40

Page 15

38- fdlh Hkh QeZ ds ykHk vf/kdrehdj.k ds fy, vko';d 'krZ D;k gS \

(A) lhekar ykxr = lhekar vkxe (B) lhekar ykxr = cktkj dher

(C) vkSlr ykxr = vkSlr vkxe (D) dsoy (A) vkSj (B)

What is the necessary condition for maximisation of profit of any firm?

(A) Marginal Cost = Marginal Revenue (B) Marginal Cost = Market Price

(C) Average Cost = Average Revenue (D) Only (A) and (B)

39- ;fn iw.kZ izfr;ksfxrk cktkj esa dher fdlh QeZ ds vkSlr ifjorhZ ykxr ds U;wure fcUnq

ls de gks tk, rks D;k gksxk\
(A) QeZ mRiknu tkjh j[ksxh (B) QeZ mRiknu can djsxh

(C) QeZ dks mRiknu djus ls ?kkVk gksxk (D) dsoy (B) vkSj (C)

What will happen if the price in a perfectly competitive market falls below the minimum point
of the average variable cost of the firm?

(A) The Firm will continue production. (B) The Firm will stop production.

(C) The Firm will incur loss by producting. (D) Only (B) and (C)

40- lkekU; ykHk dh lgh ifjHkk"kk D;k gS\

(A) ;g vkxrksa dk volj ykxr gSA (B) ;g QeZ dk U;wure visf{kr ykHk gSA

(C) ;g dqy ykxr dh x.kuk esa 'kkfey gksrk gSA

(D) buesa lHkh

What is the correct definition of normal profit?

(A) It is the opportunity cost of inputs (B) It is minimum expected profit of the firm

(C) This is included in the calculation of total cost

(D) All of the these

Page 15 of 40

Page 16

41- izkS|ksfxdh; izxfr ls QeZ dk iwfrZ oØ fdl vksj xeu djrk gS \

(A) nkfguh vksj (B) uhps dh vksj

(C) ck;ha vksj (D) dsoy (A) vkSj (B)

In which direction does the supply curve of a firm shift due to technological progress?

(A) Rightward (B) Downward

(C) Leftward (D) Only (A) and (B)

42-

S\
S fcUnq ij iwfrZ oØ dh dher yksp (݁௦ ) dk eku D;k gS\

(A) ݁௦ = 0 (B) ݁௦ = 1

(C) ݁௦ < 1 (D) ݁௦ > 1

What will be the value of price elasticity of supply (݁௦ ) of the supply curve point S?

(A) ݁௦ = 0 (B) ݁௦ = 1

(C) ݁௦ < 1 (D) ݁௦ > 1

43- blesa ls fdl cktkj dh QeZ dher Lohdkjd gksrh gS\

(A) ,dkf/kdkj (B) vYikf/kdkj

(C) iw.kZ izfrLi/kkZ (D) ,dkf/kdkjh izfr;ksfxrk

Page 16 of 40

Page 17

In which of the following markets is a firm a price taker?

(A) Monopoly (B) Oligopoly

(C) Perfect competition (D) Monopolistic competition

44- iw.kZ izfrLi/khZ cktkj esa fdl 'kfä }kjk vlarqyu nwj fd;k tkrk gS\

(A) ljdkj (B) ^n`'; gkFk^

(C) ^vn`'; gkFk^ (D) cktkj ra=

In a perfectly competitive market, which forces remove disequilibrium?

(A) Government (B) Visible hand

(C) Invisible hand (D) Market mechanism

45-

vf/kek¡x dh fLFkfr esa cktkj ewY; (‫݌‬௠ ) vkSj larqyu dh dher(‫݌‬௘ ) ds chp D;k laca/k
gksxk\
(A) ‫݌‬௘ > ‫݌‬௠ (B) ‫݌‬௠ = ‫݌‬௘

(C) ‫݌‬௠ > ‫݌‬௘ (D) ‫݌‬௠ ≤ ‫݌‬௘

Page 17 of 40

Page 18

What will be the relation between market price (‫݌‬௠ ) equilibrium price(‫݌‬௘ ) in case of excess
demand?

(A) ‫݌‬௘ > ‫݌‬௠ (B) ‫݌‬௠ = ‫݌‬௘

(C) ‫݌‬௠ > ‫݌‬௘ (D) ‫݌‬௠ ≤ ‫݌‬௘

46- ;fn ek¡x oØ ck;ha vksj f'k¶V djrk gS vkSj iwfrZ oØ Hkh ck;ha vksj f'k¶V djrk gS rks

larqyu ek=k esa D;k ifjorZu gksxk \
(A) deh vk;sxh (B) o`f) gksxh

(C) vifjorhZr jgsxk (D) buesa dksbZ Hkh

If the demand curve shifts leftward and the supply curve also shifts leftward, what will be the
change in equilibrium quantity?

(A) It will decrease (B) It will increase

(C) Will remain unchanged (D) None of these

47-

buesa dkSu fuEure fu/kkZfjr ewY; gS \ ¼fp= ns[ksa½
(A) p* (B) ௘

(C)  ௢ (D) buesa dksbZ ugha

Page 18 of 40

Page 19

Which of there is the Minimum Support price?

(A) p* (B) ௘

(C)  ௢ (D) None of these

48- ;fn cktkj esa xsagw¡ dk larqyu ewY; (௘ ) gS vkSj mPpre fu/kkZfjr dher ௠௔௫ rks jk'ku

dh nqdkuksa esa csps tkus okys xsg¡w dk ewY; gksxk \
(A) ௠௔௫ > ௘ (B) ௠௔௫ < ௘

(C) ௠௔௫ = ௘ (D) ௠௔௫ ≥ ௘

If the equilibrium price of wheat in the market is ௘ and the price ceiling is ௠௔௫ then what will
be the price of wheat sold in the ration shop?

(A) ௠௔௫ > ௘ (B) ௠௔௫ < ௘

(C) ௠௔௫ = ௘ (D) ௠௔௫ ≥ ௘

49- buesa ls dkSu ,dkf/kdkj cktkj dh vko';d 'krZ gS\

(A) ,dy mRiknd (B) oLrq dk fudV LFkkukiUu oLrq u gks

(C) vU; QeZ dk cktkj esa izos'k ij izfrca/k (D) buesa lHkh

which of the following a necessary condition of a monopoly market?

(A) Single Producer (B) Absence of near substitute for the good

(C) Restriction on entry of other firms into the market

(D) All of these

50- ,dkf/kdkj cktkj esa vkSlr laizkfIr (AR) ,oa lhekUr laizkfIr(MR) ds chp D;k laca/k

gksrk gS\
(A) AR = MR (B) AR < MR

Page 19 of 40

Page 20

(C) AR > MR (D) AR – MR > 0

What is the relationship between average revenue (AR) and Marginal Revenue (MR) in a
Monopoly Market?

(A) AR = MR (B) AR < MR

(C) AR > MR (D) AR – MR > 0

51- eqnzk LQhfr fdl vFkZ'kkL= dh fo"k; oLrq gS\

(A) jk"Vªh; vk; vFkZ'kkL= (B) varjjk"Vªh; vFkZ'kkL=

(C) O;f"V vFkZ'kkL= (D) lef"V vFkZ'kkL=

Inflation is the subject matter of which economics?

(A) National income Economics (B) International Economics

(C) Microeconomics (D) Macroeconomies

52- fdlh vFkZO;oLFkk ds fofHkUu mRiknu bdkb;ksa ds dqy mRiknu] dher Lrj ,oa jkstxkj

ds Lrj ds chp dSlk laca/k gksrk gS\
(A) fudV (B) nwj dk

(C) fujis{k (D) lc vlac) gS

What is the relationship between the total output, price level and employment level of different
production units of the economy?

(A) Close (B) Distant

(C) Absolute (D) Everything is disconnected

53- lef"V vFkZ'kkL= esa fu.kZ;dÙkkZ D;k djus dk iz;kl djrk gS\

(A) vkfFkZd lalk/kuksa dk ifjfu;kstu (B) lkoZtfud vko';drkvksa dh iwfrZ

(C) turk dk dY;k.k (D) buesa lHkh

Page 20 of 40

Page 21

What does a decisionmaker try to do in macroeconomics?

(A) Deployment of economic resources (B) Fulfilment of public needs

(C) Public Welfare (D) All of these

54- egkeanh ds nkSjku 1929 ls 1933 ds chp vesfjdk esa csjkstxkjh nj 3 izfr'kr ls c<+dj

fdruh izfr'kr gks xbZ Fkh \
(A) 6% (B) 12%

(C) 25% (D) 33%

During the great depression between 1929 and 1933, the unemployment rate is the United States
of America increased from 3% to what percent?

(A) 6% (B) 12%

(C) 25% (D) 33%

55- buesa dkSu lalk/ku cktkj dh vfuf'prrk ¼tksf[ke½dk lkeuk djrk gS\

(A) Hkwfe ekfyd (B) iw¡thifr

(C) Je (D) m|eh

Who among the following faces uncertainty (risk) in the resource markets?

(A) Land owner (B) Capitalist

(C) Labour (D) Entrepreneur

56- iw¡th fuos'k fdl {ks=d dk dk;Z gS\

(A) ljdkjh {ks=d (B) mRiknu {ks=d

(C) cká {ks=d (D) (B) ,oa (C) nksuksa

Page 21 of 40

Page 22

Capital investment is a function of which sector?

(A) Government Sector (B) Production sector

(C) External sector (D) Both (B) and (C)

57- VSfjQ ¼rVdj½ buesa ls fdl ij yxk;k tkrk gS\

(A) fu;kZr ij (B) iw¡th fuos'k ij

(C) vk;kr ij (D) egaxkbZ ij

Tariff (customs duty) is levied on which of the following?

(A) On export (B) On Capital investment

(C) On Import (D) On Inflation

58- Hkkjr dSlh vFkZO;oLFkk gS\

(A) can (B) [kqyh

(C) fons'kh fuos'k ds fy, can (D) lajf{kr

what kind of economy is India?

(A) Closed (B) Open

(C) Closed for foreign investment (D) Protected

59- Je dk Ø; foØ; ftl nj ij fd;k tkrk gS mls D;k dgrs gSa\

(A) C;kt nj (B) etnwjh dh nj

(C) ykHk dk nj (D) yxku dh nj

What is the rate at which labour is bought and sold called?

(A) Rate of Interest (B) Wage Rate

(C) Rate of Profit (D) Rate of Rent

Page 22 of 40

Page 23

60- ifjokj ¼,dy O;fäxr miHkksäk½ dkSu&dkSu ls vkfFkZd fu.kZ; ysrk gS\

(A) miHkksx (B) cpr

(C) dj vnk djus (D) buesa lHkh

What economic decisions does the household (A single individual consumer) make?

(A) Consumption (B) Saving

(C) to pay taxes (D) All of these

61- buesa dkSu fVdkÅ miHkksäk oLrq gS\

(A) jksVh (B) eD[ku

(C) HkhaMh (D) fÝt

Which of the following is durable consumer good?

(A) Roti (B) Butter

(C) Ladyfinger (D) Fridge

62- migkjLo#i izd`fr ls izkIr laink D;k dgykrh gS\

(A) taxy (B) [ksr

(C) unh (D) Hkwfe

What is the wealth received as gift from the nature is called?

(A) Forest (B) Farm

(C) River (D) Land

Page 23 of 40

Page 24

63- ,slh oLrq,¡ ftudk vafre mi;ksx miHkksäk }kjk fd;k tkrk gS D;k dgykrh gS\

(A) e/;orhZ oLrq,¡ (B) dPpk eky

(C) vafre oLrq,¡ (D) buesa lHkh

What are those goods which are ultimately consumed by the consumer called?

(A) Intermediate Goods (B) Raw material
(C) Final Goods (D) All of these

64- vkgkj] oL= rFkk euksjatu lsok,¡ ftudk miHkksäk }kjk Ø; fd;k tkrk gS] mUgsa D;k

dgrs gSa \
(A) iw¡thxr oLrq,¡ (B) e/;orhZ oLrq,¡

(C) miHkksx oLrq,¡ (D) buesa ls dksbZ ugha

What is the food, clothing and entertainment services that are purchased by consumers, called?

(A) Capital goods (B) Intermediate goods

(C) Consumer goods (D) None of these

65- bLikr ds pknj dk eksVj xkM+h cukus ;k crZu cukus esa mi;ksx fdl #i esa fd;k tkrk

gS \
(A) iw¡thxr oLrq ds :i esa (B) miHkksx oLrq ds :i esa

(C) vafre oLrq ds :i esa (D) e/;orhZ oLrq ds :i esa

In what form are steel sheets used for making. motor vehicles or utensils?

(A) In the form of Capital goods (B) In the form of consumption goods

(C) In the form of final goods (D) In the form of Intermediate goods

Page 24 of 40

Page 25

66- ,d rhu {ks=h; vFkZO;oLFkk esa dkjd lsok,¡ fdl {ks= }kjk iznku fd;k tkrk gS \

(A) QeksaZ }kjk (B) ljdkj }kjk

(C) ifjokj }kjk (D) buesa ls dksbZ ugha

In three sector economy, the factor services is provided by which sector?

(A) By Firms (B) By Government

(C) By Household (D) None of these

67- vFkZO;oLFkk esa mRiknu izØe ls D;k&D;k l`ftr gksrk gS \

(A) miHkksäk oLrqvksa ,oa lsokvksa dk (B) dkjd vk;&ykHk] etnwjh bR;kfnA

(C) iw¡thxr oLrqvksa dk (D) buesa lHkh

What is produced by production process in the economy?

(A) Consumer goods and services (B) Factor income- Profit, wages etc

(C) Capital goods (D) All of these

68- m|eo`fÙk ds ;ksxnku dk ikfjJfed D;k dgykrk gS \

(A) yxku (B) C;kt

(C) etnwjh (D) ykHk

What is the remuneration for entrepreneurial contribution called?
(A) Rent (B) Interest

(C) Wages (D) Profit

69- buesa ls fdl fuos'k ls dsoy vfrfjä ubZ e'khu dk l`tu gksrk gS \

(A) ldy fuos'k (B) ewY; gzkl

(C) fuoy fuos'k (D) buesa ls dksbZ ugha

Page 25 of 40

Page 26

Which of the following investments creates only additional new machine?

(A) Gross Investment (B) Depreciation

(C) Net Investment (D) None of these

70- ewY;gzkl ds fo"k; esa D;k lgh gS \

(A) ;g izfrLFkkiu O;; gS (B) ;g ys[kkadu ladYiuk gS

(C) ;g okLrfod izfrLFkkiuk O;; dk izokg gS

(D) buesa lHkh

What is true about depreciation?

(A) It is replacement expense (B) It is an accounting concept

(C) It is flow of actual replacement expenditure (D) All of these

71- ;fn mRiknu fof/k(A)] vk; fof/k(B) ,oa O;; fof/k(C) ls fdlh ns'k ds mRiknu dk
ewY;kadu fd;k tk, rks buesa dkSu lgh gS \
(A) A > B > C (B) A < B <C

(C) A = B = C (D) A < B > C

If the production of a country is evaluated by the production method (A), income method (B) and
expenditure method (C), then which of these is correct?
(A) A > B > C (B) A < B <C

(C) A = B = C (D) A < B > C

72- buesa dkSu O;; fof/k }kjk ldy ?kjsyw mRikn¼GDP½ x.kuk dk ?kVd ugha gS \

(A) miHkksx (B) fuos'k

(C) fuoy fu;kZr (D) etnwjh

Page 26 of 40

Page 27

Which of the of the following is not a component of Groos National Product(GDP) calculation
by expenditure method?

(A) Consumption (B) Investment

(C) Net Export (D) Wages

73- vk; fof/k }kjk ldy ?kjsyw mRikn dh lgh x.kuk gS &

& QeZ A & QeZ B
etnwjh & 20 & 60
ykHk & 30 & 90
(A) 50 (B) 150

(C) 120 (D) 200

The correct calculation of GDP by income method is -

- Firm A - Firm B
Wages - 20 - 60

Profit - 30 - 90

(A) 50 (B) 150

(C) 120 (D) 200

74- lk/ku ykxr ij ldy ?kjssyw mRikn (GDP) esa ls cktkj dher ij GDP dh vis{kk D;k

?kVk;k tkrk gS \
(A) ewY; gzkl (B) vizR;{k dj

(C) fuoy vizR;{k dj (D) minku

What is subtracted from Gross Domestic Product(GDP) at factor cost as compared to GDP at
market price?

(A) Depreciation (B) Indirect Tax

(C) Net Indirect Tax (D) Subsidies

Page 27 of 40

Page 28

75- ;fn ekSfnzd ldy ?kjsyw mRikn GDP gS vkSj okLrfod ldy ?kjsyw mRikn gdp gS rks

ldy ?kjsyw mRikn voLQhfr D;k gksxk \
ீ஽௉ ீ஽௉
(A) (B) × 100
௚ௗ௣ ௚ௗ௣

௚ௗ௣
(C) (D) (A) ,oa (B) nksuksa
ீ஽௉

If monetary gross domestic product is GDP and the real gross domestic product is gdp then what
would be the gross domestic product deflator?
ீ஽௉ ீ஽௉
(A) (B) × 100
௚ௗ௣ ௚ௗ௣

௚ௗ௣
(C) (D) Both (A) and (B)
ீ஽௉

76- Hkfo"; ds fy, /ku lap; dk dk;Z fdl #i esa gksrk gS \

(A) lksuk (B) laifÙk

(C) ca/k i= (D) eqnzk

In what from does accumulation of wealth for future takes place?

(A) Gold (B) Assets

(C) Bonds (D) Money

77- buesa dkSu eqnzk dk dk;Z ugha gS \

(A) ys[kk dh bdkbZ (B) fofue; dk ek/;e

(C) eqnzkLQhfr ekiuk (D) ewY; lap;

Which the following is not a function of money?

(A) Unit of Account (B) Medium of Exchange

(C) Measure inflation (D) Store of Value

Page 28 of 40

Page 29

78- laO;ogkj ds fy, eqnzk dh ek¡x fdl ij fuHkZj djrh gS \

(A) laO;ogkj ds ewY; ij (B) C;kt dh nj ij

(C) yksxksa dh Hkqxrku vknrsa (D) buesa lHkh

On what does the demand for money for transactions depend?

(A) On the value of transaction (B) On the rate of interest

(C) People's payment habits (D) All of these

79- cSad tekdrkZvksa dk iSlk okil djus ds fy, D;k mik; djrk gS \

(A) tek dks"kksa dk ,d Hkkx tekdrkZvksa dk iSlk okil djus esa mi;ksx djrk gS

(B) _.k ysrk gS

(C) fjtoZ cSad ls izkIr djrk gS (D) buesa ls dksbZ ugha

What measures does the bank take to return the depositor’s money?

(A) A portion of the deposited fund is used to pay back the money to depositor.

(B) Takes loan

(C) Receives from the Reserve Bank (D) None of these

80- cSad vf/kd /ku okys¼cpr okys½ ls /ku izkIr dj ftudks /ku dh vko';drk gS¼_.k ysus

okys½ ds chp dkSu lh Hkwfedk fuHkkrk gS \
(A) e/;LFk dh (B) lwn[kksj dh

(C) O;olk;h dh (D) buesa ls lHkh

What role does a Bank play between people who have a lot of money(savers), and those who
need money (the borrowers)?

(A) of Intermediary (B) of Usurer

(C) of Businessman (D) All of these

Page 29 of 40

Page 30

81- cSad ds fy, dks"k $ _.k D;k dgykrk gS \

(A) usVoFkZ (B) nsunkfj;k¡

(C) tek,¡ (D) vkfLr;k¡

What is Reserves & Loan called for bank?

(A) Net Worth (B) Liabilities

(C) Deposits (D) Assets

82- djsalh $ ek¡x tek,¡ ¾\

(A) ସ (B) ଷ

(C) ଶ (D) ଵ

Currency + Demand Deposits = ?

(A) ସ (B) ଷ

(C) ଶ (D) ଵ

83- lhek vfuok;Zrk D;k gS \

(A) lk[k fu;a=.k dk ekSfnzd mik; (B) _.k nsus dh lhek

(C) lk[k fu;a=.kk dk xq.kkRed mik; (D) buesa lHkh

What is margin requirement?

(A) Monetary measure of credit control (B) Limit for giving loan

(C) Qualitative measure of credit control (D) All of these

84- lehdj.k ்ௗ =  esa  D;k gS \

ூ
(A)
௏

(B) eqnzk dk og LVkWd tks fdlh ,d le; yksx j[kuk pkgrs gSa

(C) /kukRed fLFkjkad (D) buesa lHkh

Page 30 of 40

Page 31

What is k in the equation ்ௗ = ?

ூ
(A)
௏

(B) The stock of money that people wish to hold at any given time

(C) Positive constant (D) All of these

85- U;wure C;kt nj ௠௜௡ ij lV~Vk ds fy, eqnzk dh ek¡x D;k gks tkrh gS \

(A) c<+ tkrh gS (B) 'kwU; gks tkrh gS

(C) U;wure gks tkrh gS (D) vlhe gksrh gS

What becomes of the speculative demand for money at the minimum interest rate ௠௜௡ ?

(A) Increases (B) Becomes zero

(C) Becomes Minimum (D) Becomes Infinite

86- foeqnzhdj.k fdl o"kZ gqvk Fkk \

(A) 2025 (B) 2020

(C) 2019 (D) 2016

In which year demonetization take place?

(A) 2025 (B) 2020

(C) 2019 (D) 2016

87- miHkksx Qyu  = ̅ +  esa izsfjr miHkksx dkSu gS \

(A) C (B) ̅

(C) cY (D) buesa ls dksbZ ugha

Page 31 of 40

Page 32

What is induced consumption in consumption function  = ̅ + ?

(A) C (B) ̅

(C) cY (D) None of these

88- lhekUr miHkksx izo`fr dh lgh ifjHkk"kk D;k gS \

∆̅ ∆஼
(A) (B)
∆ ∆௒

∆௒ ∆
(C) (D)
∆஼ ∆̅

What is the correct definition of marginal propensity to consume?

∆̅ ∆஼
(A) (B)
∆ ∆௒

∆௒ ∆
∆̅
(C) (D)
∆஼

89- ;fn I ¼fuos'k½  ̅ ¼fLFkjkad½ gS vkSj C ¼miHkksx½ ̅ +  gS] rks izR;kf'kr leLr ek¡x D;k

gksxh\
(A) C+ I (B)  ̅ + ̅ + 

(C) ̅ +  tgk¡ ̅ = ̅ +  ̅ (D) buesa ls lHkh

If (investment) I is a (constant)  ̅ and C(consumption) is ̅ + , then what will be the aggregate
demand?

(A) C+ I (B)  ̅ + ̅ + 

(C) ̅ +  where ̅ = ̅ +  ̅ (D) All of these

90- lhekUr cpr izo`fr dh lgh ifjHkk"kk D;k gS \

∆ௌ ∆௖
(A) (B)
∆௒ ∆௒

ௌ
(C) (D) bueas lHkh
௒

Page 32 of 40

Page 33

What is the correct definition of marginal propensity to save?

∆ௌ ∆௖
(A) (B)
∆௒ ∆௒

ௌ
(C) (D) All of these
௒

91- Lok;r O;; xq.kd dk eku D;k gksrk gS \

ଵ ଵ
(A) (B)
ଵିெ௉஼ ெ௉ௌ

ଵ
(C) (D) dsoy (A) ,oa (B)
ெ௉஼

What is the value of autonomous expenditure multiplier?
ଵ ଵ
(A) (B)
ଵିெ௉஼ ெ௉ௌ

ଵ
(C) (D) Only (A) and (B)
ெ௉஼

92- fuEufyf[kr esa ls dkSu lkoZtfud oLrq ugha gS \

(A) lM+ds (B) jk"Vªh; lqj{kk

(C) ljdkjh LokLF; lsok (D) dkj ¼xkM+h½

Which of the following is not a public good?

(A) Roads (B) National Defence

(C) Government health services (D) Car (Private Car)

93- futh oLrqvksa dh rjg lkoZtfud oLrq,¡ D;k gksrh gS \

(A) izfr}U}kRed (B) izfr}U}kRed ugha gksrh gS

(C) xSj viotZuh; (D) (B) ,oa (C) nksuksa

Page 33 of 40

Page 34

What are public goods like private goods?

(A) Competitive (B) Non-Rivalry

(C) Non-Excludability (D) Both (B) and (C)

94- buesa dkSu jktLo O;; gS \

(A) fofo/k lsok (B) _.k C;kt vnk;xh

(C) jkT; ljdkjksa dks fn;k x;k vuqnku (D) buesa lHkh

Which of these is revenue expenditure?

(A) Miscellaneous service (B) Interest payment on loan

(C) Grants given to State governments (D) All of these

95- ldy jktdks"kh; ?kkVk dk foÙk iks"k.k dSls fd;k tkuk gS \

(A) fuoy ?kjsyw _.k xzg.k dj (B) Hkkjrh; fjtoZ cSad ls _.k xzg.k dj

(C) fons'kksa ls _.k xzg.k dj (D) bues lHkh

How is the gross fiscal deficit financed?

(A) By acquiring net domestic debt

(B) By acquiring loan from Reserve Bank of India

(C) Taking loan from abroad (D) All of these

96- larqfyr ctV xq.kd dk D;k eku gksrk gS\

ଵ ି௖ ଵି௖
(A) + (B)
ଵି௖ ଵି௖ ଵି௖

(C) 1 (D) buesa lHkh

What is the value of balanced budget multiplier?

ଵ ି௖ ଵି௖
(A) + (B)
ଵି௖ ଵି௖ ଵି௖

(C) 1 (D) All of these

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Page 35

97- buesa ls fdl ek/;e ls [kqyh vFkZO;oLFkk dk tqM+ko fo'o vFkZO;oLFkk ls gksrk gS \

(A) fuxZr cktkj (B) Je cktkj

(C) foÙkh; cktkj (D) buesa ls lHkh

Through which of the following means the open economy is connected to the world economy?

(A) Output market (B) Labour market

(C) Financial market (D) All of these

98- buesa ls dkSu pkyw [kkrs dk ?kVd ugha gS \

(A) fuos'k (B) oLrqvksa dk O;kikj

(C) lsokvksa dk O;kikj (D) varj.k Hkqxrku

Which of the following is not a component of the current account?

(A) Investment (B) Trade of goods

(C) Trade of Services (D) Transfer payment

99- vnk;xh larqyu esa ?kkVs ls vf/kdkfjd dks"kksa esa D;k ifjorZu gksrk gS \

(A) deh vkrh gS (B) o`f) gksrh gS

(C) vifjofrZr jgrk gS (D) buds e/; dksbZ laca/k ugha gS

What changes does deficit in the balance of payments cause in the official reserves?

(A) It declines (B) It increases

(C) It remains unchanged (D) There is no relationship between the two

100- cktkj dh 'kfä;ksa tSls ek¡x ,oa iwfrZ esa ifjorZu ds dkj.k fons'kh fofue; nj esa deh dks

D;k dgrs gS \
(A) voewY;u (B) ewY;gzkl

(C) ewY; esa gkfu (D) buesa ls dksbZ ugha

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What is the decrease in the foreign exchange rate due to changes in the market forces as such as
demand and supply called?

(A) Devaluation (B) Depreciation

(C) Loos in value (D) None of these

[k.M & c @ Section-B
y?kq mÙkjh; iz'u @ Short Answer Type Questions
iz'u la[;k 1 ls 30 rd y?kq mÙkjh; iz”u gSA fdUgha 15 iz'uksa ds mÙkj nsaA izR;sd iz'u ds
fy, 2 vad fu/kkZfjr gSA izR;sd mÙkj 40&50 'kCnksa esa fy[ksa \ 15 x 2 = 30
Question Nos 1 to 30 are short Answer Type Questions. Answer any 15 questions. Each question
carries 2 marks. Write your answer in 40-50 words. 15 x 2 = 30

1- lef"V vFkZ'kkL= ds 4 pjksa dk uke fy[ksaA 2
Write the name of 4 variable of macroeconomics.

2- vkfFkZd eanh ds D;k y{k.k gSa \ 2
What are the symptoms of economic depression?

3- [kqyh vFkZO;oLFkk dks ifjHkkf’kr djsaA
Define open economy.

4- etnwjh vkSj ykHk esa D;k varj gS \
What is the difference between wages and profit?

5- miHkksx oLrq ds pkj mnkgj.k fy[ksaA
Write examples of four consumption goods.

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6- ldy ?kjsyw mRikn ls fuoy ?kjsyw mRikn dSls izkIr fd;k tkrk gSA
How is Net Domestic product derived from Gross Domestic Product?

7- oLrq fofue; iz.kkyh D;k gS \ lksnkgj.k fy[ksaA
What is barter system? write with suitable examples.

8- dkxth eqnzk ds nks xq.k fy[ksaA
Write two properties of paper currency.

9- eqnzk iwfrZ M1 dh D;k ifjHkk"kk gS \
What is the definition of money supply M1?

10- f}& {ks=h; vFkZO;oLFkk esa leLr ek¡x D;k gksxh \
What would be the aggregate demand in two sector economy?

11- Lok;r O;; xq.kd D;k gSa \
What is autonomous expenditure multiplier?

12- jktLo O;; D;k gS \ nks mnkgj.k nsaA
What is revenue expenditure? give two examples.

13- oLrq ,oa lsok dj (GST) ls vki D;k le>rs gSa \
What do you understand by goods and services tax (GST)?

14- :i;s ds voewY;u ls vki D;k le>rs gSa \
What do you understand by devaluation of rupee?

15- iw¡th [kkrk ds nks ?kVdksa dks fy[ksaA
Write two components of capital account.

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16- cktkj vFkZO;oLFkk ds nks xq.k fy[ksa \
Write two characteristics of market economy.

17- O;f"V vFkZ'kkL= fdldk v/;;u djrk gS \
What does microeconomics study?

18- dqy mi;ksfxrk ,oa lhekUr mi;ksfxrk dh ifjHkk"kk fy[ksa \
Write the definition of total Utility and Marginal Utility.

19- vuf/keku oØ D;k gS \ fpf=r djsaA
What is indifference curve? Draw.

20- LFkkukiUu oLrq,¡ ,oa iwjd oLrq,¡ dk mnkgj.k nsaA
Give example of substitute goods and complementary goods.

21- dher ek¡x dh yksp dh D;k ifjHkk"kk gS \
What is the definition of price elasticity of demand?

22- dqy mRikn oØ fpf=r djsaA
Draw total product curve.

23- iSekus ds gzkleku izfrQy dks ifjHkkf"kr djsaA
Define diminishing returns to scale.

24- dqy ykxr dh D;k vfHkO;fä gS \
What is the expression for total cost?

25- ,d gh fp= esa vkSlr ifjorhZ ykxr oØ ,oa vkSlr ykxr oØ fpf=r djsaA
In a single diagram draw average variable cost curve and average cost curve.

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26- dqy laizkfIr dh D;k ifjHkk"kk gS \
What is the definition of total revenue?

27- iwfrZ dh dher yksp D;k n'kkZrh gS \
What does price elasticity of supply show?

28- dher Lohdkjd QeZ dh vkSlr laizkfIr D;k gksrh gS A
What is the average revenue of price taker firm?

29- cktkj larqyu dh 'krZ fy[ksaA
Write the conditions for market equilibrium.

30- ,dkf/kdkj cktkj dh nks fo'ks"krk,¡ fy[ksaA
Write two characteristics of monopoly market.

nh?kZ mÙkjh; iz'u @ Long Answer Type Questions

iz'u la[;k 31 ls 38 rd ds nh?kZ mÙkjh; iz”u gSA fdUgh pkj iz'uksa dk mÙkj nsaA izR;sd
iz'u ds fy, 5 vad fu/kkZfjr gaSA viuk izR;sd mÙkj 100&120 'kCnksa esa nsaA 4 x 5 = 20
Question Nos 31 to 38 are Long Answer Type. Answer any four questions. Each question carries 5
marks. Answer in 100-120 words each. 4 x 5 = 20

31- vuf/keku oØ ds }kjk miHkksäk ds larqyu dh lfp= O;k[;k djsaA
Explain consumer equilibrium through indifference curve.

32- ewY; ek¡x dh yksp ifjHkkf"kr djsaA ek¡x oØksa dks fpf=r djsa] ftuds ek¡x dh yksp
|஽ | = 0, |஽ | = 1 ,oa | ௗ | = ∞.

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Define price elasticity of demand. Draw demand curves with price elasticity of demand ஽  =

0, ஽  = 1 and  ௗ  = ∞.

33- iw.kZ izfrLi/kkZ QeZ ds mRiknu canh fcUnq dh lfp= O;k[;k djsaA
Explain with diagram the Shutdown point of perfect competition firm.

34- mPpre fu/kkZfjr dher D;k gksrh gS \ mnkgj.k ds lkFk le>k;saA
What is price ceiling? Explain with suitable examples.

35- * ≡ vFkZO;oLFkk ds lHkh QeksaZ ds ldy ewY;of/kZr dk dqy ;ksxA* mnkgj.k ds lkFk
O;k[;k djsaA
' ≡ Aggregate of value added of all firms of the economy.’ Explain with suitable example.

36- O;kolkf;d cSad ds dk;ksaZ dk o.kZu djsaA
Describe the functions of commercial bank.

37- fl) djsa fd miHkksx Qyu ds lhekUr miHkksx izo`fr(MPC) dk eku 1 −  vFkkZr
1 − lhekUr cpr izo`fr ds cjkcj gksrk gSA
Prove that the value of Marginal propensity to Consume (MPC) is equal to 1-MPS i.e1 -Marginal
Propensity to save in consumption function.

38- ljdkjh ?kkVs ,oa ljdkjh _.k esa D;k laca/k gS \ O;k[;k dhft,A
What is the relationship between government deficit and government borrowing? Explain.

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Document Details

Board / OrgBihar Board
ExamClass 12
TypeSample Paper
Pages40
Updated24 Sep 2026