Uttarakhand Board Class 12 Question Paper 2023 for Econoimics

Uttarakhand Board
Question Paper
CLASS 12

+nd. gBa gwi dff riwlf : 7
Roll No. No. of printed pages : 7

LL2 4L2 (IGH)
2023
sefuns
ECONOMICS
qrrrq'sq€l tEqf-6 80

Tirne:3Hours] I Max. Marks 80

ffifsr, (i) {fl e5r-q-r d a} ws '3,{' aefi 'q' d I at+i etsl b qlft 30 qqq sfird1d dt
Direetions: There are two sections 'A' and 'B' in this question paper. All 30 questions
of both sections are compulsory'
( ii) sT + tg ftefkd 3id rib HEUc eifu-d dt
Marks alloted to the questions are mentioned against them.
(iii) q-dm qsq ab) wtqd-d Gd aerT Hgfun rtx ftBul
Read each question carefully and answer to the point.
(iv) sv;T dqsr 1 f,er ro r6ffio e-sq dl fl
esq'i_b r*6
etrs b r+< fr ar<
ft-+-trT kd:rs dr sfr fiEE 3I'+ rn-qk-6T i
frRqul qgq {EqT z * s apn
17 t 20 ff6 frkdd rdfu F+frl
euestion No.1 and 16 are multiple choice questions. Four options are
given in answer of each part of these questions. Write correct option
in your answer book. Question No. 2 to 5 and L7 to 20 are definite
answer type questions.
t
(v) ssT risr o * g der 21 z+ ro trfu t5-r 3d-{ f,rrtpl 50 srsi ii ftffig'l
Question No.6 to 9 and 21 to 24 are to be answered in about 50
words each.
(vi) esT dwT 10 * 12 den 25 t 27 il6 n$d m-l fiK d{tlrl 70 sl-d ti*ffiet
Question No. L0 to L2 and 25 to 27 are to be answered in about 70
words each.
t t
(vii) trFI Ti@T 13 15 d?IT 28 30 il6 rdd 6T fiK .il{Trrrr 120 qr€} tt *fuul
euestion No. 13 to 15 and 2B to 30 are to be answered in about 120
words each.
(viii) {s ssT-u?t { qq,t q{ mt$ kde T€it 6ftMq sT{id $j?Tkdr frf,e
sdTq fuqr Ut qwi ti &ilf, tro frmE"-IE
tl o-r fr rfl{ frBsl
There is no overall choice in this question paper, however, an internal
choice has been provided in few questions. Attempt only one of the
given choices in such questions.

tlI I P.T.O.

4

elog - 3I (Section - A)

i_ t6) ftffi:reJqqex C'alqq mt nqs' or oxq t: '1

(i) HETt;;i 61sTftr6dr (ii) sfr qftr 3{rq
(iii) dffi#qffi (iv) +$€HTo1o,fr
Reason of the 'problenn of choice' in an economy is :

(i) Excess of resources (ii) Per Capita Income
(iii) Technological development (iv) scarcity of resources
(w) aEI aeil ffi d' 1

(i) €TFfiqe 6qE (ii) w{6 il{gE
(iii) ffidT#Ew (iv) flt t ot$ i-fr
Tea and Sugar are :
(i) Substitute goods (ii) Complementary goods
(iii) Luxury goods (iv) None of the above

tui'T n-qry drr qH
(rr)
3ITIIiT q qT{A;E
t- 1

(i) grf, sqTd (ii) 3fl-f,ii sqrd
J ^
(iii) frqlE5CsK (lV) -i-S-- -i-v c'5 -6
Chanoe in output
The vatue ot 11.uffi ts-

(i) Tctal Product (ii) Average product
(iii) Marginal Product (iv) i',lone of these

(q) ffifud d * 6t{ Wf qftrs€f 6T E&TUI qtr d 1

(i) nrTK fr dS dsr { bdT q frhdT dt dt
(ii) qnfr m qIEIK fi saq[ E qRJfrr{ ffiiz e}at tt
(iii) .nd exr rglfrffi E$gE umrirl *& tl
(iv) wd 6riT 3rqrfu etgE trdsq rfr dal d t

Which of the following is not a feature of perfect competition:
(i) The market consists of a large number of buyers and sellers"
(ii) Entry into the market as well as exit from the market are free for
firms,

412 (rGH) 12l

I

(iii) Firms pi-oduce homogenous products.
(iv) Firms do not produce homogenous products.
2. Bs s-ox dr aptq+e.,r C aTTRfo frilT-odifr 6T fr€fwT qrETK # ftIftruj 6 sSor< drn
ter
In what type of economic system all the economic activities are organised
through the market?

3. dirr rO d s-flfdl (6rd) s'ierT{urf,, ffi a}fr tl 1

What type of slope does a demand curve generally have?

4. rry Tq d'ffi 3TrEsr6EI o) sqw o,G 61 &Tq'dT'm m-rffi ti 1

What 'the want-satisfying capacity'of a commodity is called?

s. 3rfl6rfr d Ed hs or<o t qR6dq 6{ ToE} t, r$ wr oat de 1

What the factor is called, which the firm can vary in the shoft run?

6. difu 3Teigr'rg t $r'q ffir HTflA d? 2

What do you understand by Micro Econcmics?

7, 6T-f,"qtq ffi * qft"sn, t eqr simq di 2

What is Decreasing Returns to Scale?

B. srf,ftFTf, d cim tnd @t gffi ffirrrf, d,T"r;j d* d ffi *a 2

How the total cost of a firm is calculated in a short run?

e. 5ilr(q d-s frE ffi meft da 2

What is the Shut Down Point?

10. dfrr fi otsd ffi}a t 3TIII @rT xmEri da 3

What do you mean by the price elasticity of demand?

11, d\ 3rqfEr-qFT ryfi 6fr uo. Kst 6\ ffitT& 6Tdfr da sw dfrst 3

Why do two indifference curues never intersect each other? Clarify.

Lz, rGrFTwFrot*oNqTo}rcrr<urHFdwedffil 3

Explain the concept of production function with the help of an example.

SrerirT/oR

412 (rGH) t3I I P.T.O.

'l

+i a G drfr-T d gm Hrqcr .nn stlsa ftx mrro d rrur=n otffi ,
In the following given table, calculate Total cost (TC)
and Average Fixed cost
(AFC) :

tsfa FmRr<rTmcr Fdqffidrrlcr gfr Eil-rrd sAsd fux mrrro
16o6or) Total Fixed Cost Total Variable Cost Total Cost Average
Fixed
Output (rFC) (rvc) (TC) (AFC)
(Units)
(q) (<) (r) (<) (<)
0 20 0
I 20 10
1
z 20 18
3 20 24
4 20 29
5 20 33
6 20 39
7 20 47
13' B-fi a-q b fud frrT 61b1qa dtq d Fftffrd 6{i dr-& frT.6
dBdr @T d? rd.rofi t *w
s
what are the determining factors of price erasticity
of demand for a goods?
Explain with the help of examples.

14. frffir sqffi drqir qF dprT 3fl-s- d.na rm &.s M ti de B*.R g sqgrgur 5
what do the long run marginal cost curve and the
average cost curve look Iike?
Explain in detail.

1s. qftrsqf{Bd dr-r* t snq @T Hrrfla de w otfrur
5
what do you understand by Non-competitive markets?
crarify.

3[erqr/oR
orsrfErorr iisf ffi q*rr< 6rfr da srrgnur
How do firms behave in Oligopoly? Explain.

412 (rGH)

I4t

gr5 _ GI (Section _ B)
16' (6) sfrr{r e{RTr C qk dri b
frs oil arq fuqr Hirf d, dF -EflHr
(i) Hlu qq *: 1
(ii) r&il qq
(iii) 3iTqq (iv) g.$ t 6l$ itr}
The expense which raise productive
is cared:capacity
(i) Investment expenditure (ii)
Defenece expenditure
(iii) Wastage (iv) None of these
(s) gcr ol mq vrfu fr 6rs 6-1 3rd
(i) dg3Tt at o161C mis *, 1

(iii)
"qn6ib,..ds#
Meaning of
i;3, ffi*ffi3TqRdtrEd
deterioration in the purchasing
power of money is:
(i) Decrease in prices of goods
(ii) No change in the prices of goods
(iii) Rise in prices of goods
(iv) None of these
(rr) 3fud ylrfoT q-g.fr
fnpc) q;t qtq SdT d-
1
AC
(r) (li)
AY s+c
(-
(iii) S
Y ( iv)
Y
Average propensity to eonsurne (Ape)
ls equal to
aC
(i)
AY (ii) s+c
(ii,) S
Y (iv)
(u) qrqR Hgf,q urt mr v
6}m, qft
(i) ftqfd > 3nqrf, (ii) s{rqkr > frqfu
1

(iii) 3{TzucI = frq'fu (iv) ffi * st$ q-S
Balance of Trade (Bef)
is said to be in eleficit, if:
(i) Exports > Irnports (ii) trmports > Exports
(iii) Imports = Expofts (iv) None of these

412(tGH)
tsl IP.T.O.

LZ . Bq qrwfr o) gq' Tflt-fi mDq & ffi ?f a<ur t r€igfr(qr q.sdr t, t mr oaar& de
1

What those goods are called which do not pass through any more stages of
production?
18. snq fr sfr For$ qRr$q b warssq, 3strtrt tt qREd:T d mr o-C da 1

What the change in consumption is called due to per unit change in income'?
19. tlRH qrRsg (ceteris Paribus) 6T aTfifd :rd ror ta 1

What does 'Ceteris Paribus' literally mean?

20. t{Kd d Tq trd +dr6-{ 6q S mqfuur ruil 1

When did the Goods and Service Tax come into force in India?

21. og frFsu sqltr1ffiT t? ilsd ror of;i da 2

What is a Barter system? What are tts drawbacks?

zz, 5rT of dtur mt of ffi ta 2

Why money is demanded?

23. FrAqT oi qRt+ma etkd 1 2

Define Investment,

24. frffi frftqq d-r fr* o=i dl 2

What is Foreign Exchange Rate?

zs. HEk 3T?fuEs 6T qtr{ ffi gsne Td{s o1fr.. 3

How did Macroeconomics emerge? Mentrc-

26. i,'qi td dzrT rf,d tt t 3{Tq ffirT qrffii fr? 3

What do you understand by Repo Rate and Re'vense Repo?

27 . 3rilfit T-{-f,{ (BoP) b qiq,.Efi } uco qd-r5c I 3

State the components of current account of the Balance of Payments (BOP).
3{e[ErloR
frfufr frFrrrq drETR ffi 6EA da w dfret
What is foreign exchange market? Clarify,

412 (rGH) t6l

zE. Wq eA.? t- rr.T, 3_r d .-rFrr e,il u,1 a'& dl
l-iov" is l':: lnal inccr-:
HqE@t 5
-easured according to Value Added nrethod?
Explain.
2e. 3f;r* F:* H,E:rr = :=_ s1 ffi& EE u,t6rdt s
Eesc'ibe the multipiie:
-::ranism in the reference of the creation of
a ZananA
excess
ju I tu.

30 u:t m s,n, ffiT *i gsg
r,vhai is
I- E lqi m 3fu ot6Cr 5
a deficit budget? \vi-rfe ts merits
and demerits.

S{eIEYTgP

$c',*lu E-i't d.1q1q. d,* di|.F- il strflgut
Hcw the Fiscai Deficit is meas_r-eC?
Explain.

*****

412 (rGH)

171