AHSEC HS 2nd Year Question Paper 2023 Economics

ASSAM BOARD
QUESTION
PAPER
2023

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Total nunber of pages - 8

2023

ECONOMICS

Full Marks : 80

Pass Marks : 24

Time : Three hours

The figures in the margin indicate full marks
for the questions.

PART-A (# -M)
Q. No. 1 (i-vi) carries 1 nnark each 1x6 = 6

Q. Nos. 2 (i-vi) carries 2 nmarks each 2x6 = 12

Q. Nos. 3-6 carry 4 narks each 4x4 = 16

Q. No. 7 carries 6 marks 6x1 = 6
Total = 40

PART-B ( - )
Q. No. 8 (i- vi) carries 1 ark ench 1x6 = 6
Q. Nos. 9 (i-vi ) carries 2 narks each 2x6 = 12

Q. Nos. 10 - 13 carry 4 1narks eacl1 4x4 = 16

Q. No. 14 carries 6 narks 6x1 = 6
Total = 40
Total (PART A & B) : 40 + 40 = 80

Contd.

PART-A/F-U.
1x6=6
1 Answer the following :

() Define personal disposable income.

(11) What is the primary objectiveof commercial bank ?

(iii) Net indirect taxes are estimated as

(a) Indirect taxes + Subsidies

(b) Subsidies - Indirect taxes

(c) Indirect taxes - Subsidies

(d) Both (b) and (c)
(b) (c) byCA
(Choose the correct option)
(9 ROI )
(iv) Give two examples of capital expenditure of the government budget.

(0) What type of budget should the government prepare during inflation ?

(vi) In order to encourage investment in the economy, the central bank will
adopt which of the following measures ?

(a) Increase cash reserve ratio

(b) Reduce cash reserve ratio

33T ECON [21

(c) Increase bank rate

(d) None of the above

(Clhoose tle correct option)
(RA ROR )
2. Answer the following: 2x6=12

() Afirm produces goods of Rs.500 per year and uses intermediate goods
of worth Rs.250. The costof depreciation is Rs.20 per year. Calculate
gross value addition and net value addition by the firm.

OR/R0
What do you understand by the problem of double counting in the
context of national income accounting ?

(1) Calculate national income with the following data.

GDP at market price: Rs.830 crore
qa GDP: Rs.830( t
Depreciation: Rs.120 crore
QKA8 Rs.120 (®ID
Net indirect taxes: Rs.70 crore

Net factor income from abroad : Rs.40 crore

OR/T
Differentiate between nominal GDP and real GDP.

31 Contd.

(ii) Write two objectives of government budget.
(i1) Write two differences between revenue expenditure and capital
expenditure.

OR/YO
What is revenue receipt ? How it is different from capital receipt ?

() What is deficit demand ? Write one cause of deficit demand.

OR/AA
What are the factors that affect investment demand in an economy ?

(vi) Write two merits of fixed exchange rate.

OR/AA
Define spot and forward exchange rate.

3. 4
Explain the expenditure method of calculating national income.

OR/eT
Discuss the circular flow of national income in a two sector economy.

4. Discuss the functions of money. 4

5. There is aplan to increase national income from Rs.1500 crore to Rs.4000
crore. If MPC =0.6, then what should be thechange in investment to achieve
the goal ? 4

33T ECON [4]

OR/QY
What is marginal propensity toconsume (MPC) and
save (MPS) ?Show that marginal propensity to
MPC+MPS=1 1+1+2-=4

MPC+MPS=1|
6.
Outline how equilibrium exchange rate is determined in free
market system.
4

OR/Qt
Write a note on 'balance of
paymene.
7.
Discuss the working of investment multiplier with 6
exarmple.
OR/
Explain diagrammatically how equilibrium level of employment and income
1S determined in a two sector economy with the
and aggregate supply. concept of aggregate demand

PART-B/-T
8. Answer the following: 1x6=6

(i) What is poverty line ?

(ii) Name any two Navaratna industries.

(iii) Who is known as the architect of economic
planning in India ?
(iv) What do ýou understand by jobless growth?

(o) Name two unconventional sources of energy.

[5] Contd.

(vi) Which of the following is a cause of ozone layer depletion ?

(a) Noise pollution / 4j e4
(b) Air pollution/ 1 2qg
() Water pollution /G| 2
(d) None of the above/ g44 QT8
(Choose tlhe correct option)

2x6=12
9. Answer the following:
(i) Write twoobjectives behind infrastructure development in India by the
British government during Colonial rule.

(ii) Write tvo objectives of NITI Aayog.

OR/WRi
Write two factors that necessitates the introduction of economic reform
in India.

(iti) Correctly match the two sides of the following table:

Country Rank Based on Human Development Index 2022

India/o 79
China/5 129
Pakistan/fsg 132
Bangladesh/TCRM 161
(iv) Write the full from of AYUSH.
AYUSH foR|
OR/I
What do you understand by medical tourism?

33T ECON [6]

(v)
Write one positive and one
economy. negative impact of globalisation in the
Indian
(vi) Write two differences
credit. between formal and informal
sources of rural
10. Write the features of the
1956 beRbnie Industrial Policy, 1956.
aifoaf3fatI
OR/t
Briefly discuss the problems faced
4

reform period. by the Indian
agriculture sector in pre
11.
Discuss four important causes of
poverty in India. 4
12.
Write a note on condition of
health infrastructure in India. 4

What is workforce ? Write the OR/T
female as compared to male. causes of low workforceparticipation rate of
1+3=4
13.
Write a comparative note on the
service sectors to the respective contribution of agriculture, industry and
economies of India, China and Pakistan. 4

OR/W
Briefly describe the path of economic
development of China.
14. How is human
development a broader term as compared to human
What are the main problems of human capital formation in India? capital?
3+3=6

OR/WR
Discuss how agricultural activities can be
diversified. 6

[7]
Contd.