MP Board Class 12 Question Paper 2020 for Economics

Serial,Number
E-813 Roll No.
2
It •

Higher Secondary Examination (Regular) - 2020

aTeiPTR
ECONOMICS
(Hindi & English Versions)

Total Total Printed Time : Maximum
Questions : 26 Pages : 8 3 Hours Marks : 100

MPT
(i) -CP9. 3lit414 t I 9.P9' sb+-IIch 6 A. 26 dcb eitUFM f4W-0:1 -P4 t
(ii) viict) 1 tf 5 dcb qq-141Z vCIP9- t I .C11- -5P9 5 3.t. t 13Q1 'TT 1
3ff4fta. t I
(iii) 9-P9- st)4-iict) 6 10 dct) •Cr& 1;14 - ITT 2 3 aTreca I1;kr \3-ci
30 PTQ I
(iv) -5{ 9- wiicb 11 tf 14 dot) tR 3 3-Ti1tff t I . -TTITTT
75 piQ rf T
(v) 1;fP . sbHict) 15 f 21 dcb -97 4 34-- 3114ftU W. I "51-&- 3-dt -1131-11-
120 pif f*trk
(vi) 5fP.9- sh4-iich 22 A" 26 icb ccbi 1;TP.9. tr.( 5 3T 5 31T4ftU t I WWI
150 pit4)• fafkr-k
(vii) 3Tr4Pqcbdivl zfu3 q-q1-4-4 I
Instructions :
(i) All questions are compulsory. Internal options are given in question numbers
6 to 26.
(ii) Question numbers 1 to 5 are objective types questions. Each question carries
5 marks and each sub-question carries 1 mark.
(iii) Question numbers 6 to 10 each carries 2 marks. Answer these questions
approximately in 30 words each.
(iv) Question numbers 11 to 14 each carries 3 marks. Answer these questions
approximately in 75 words each.
(v) Question numbers 15 to 21 each, carries 4 marks. Answer these questions
approximately in 120 words each.
(vi) Question numbers 22 to 26 each carries 5 marks. Answer these questions
approximately in 150 words each.
(vii) Draw neat and labelled diagrams wherever necessary.

140 I E-813 1 11111111 1111111111111111111 1111 11111111111 1111111111111 P.T.O.

ti41 fir licb( f'dftrq : 1x5=5
(i) ticim49- ITT4A- (micro) Pic4
(a) liT4* (b) cilicrs41
(c). clffr (d) 1)Wf
(ii) API t ?
(a) tiiq 3T T (b) .c20:17
(c) (a) '3 (b) 111 (d) c
(iii) 7RIR°1' W41' .5f-41g--d cboi t ?
(a) WIT4t (b) fqd--(-crr -;1 rf -q-r
GuAR (d)
(iv) TP-Tf TVFc wiTirr cf-qi <410 t ?
(a) -01 f4414 (b)
(c) f) (d)
(v) 3 Tr fi 4-I I'qPIT .wr tot —
(a) TT (b) EITIT
(c) f0-17 t ill (d) c 9-et
Select and write the correct options :
(i) The word micro was firstly used by Economist -
(a) Marshall (b) Boulding
(c) Keynes (d) Ragnar Frisch
(ii) Supply is associated with -
(a) A time period (b) Price
(c) Both (a) and (b) (d) None of these
(iii) What does monopoly market show ?
(a) Production process (b) Distribution system
(c) Nature of market (d) None of these
(iv) What is consumption of fixed capital called ?
(a) Capital Formation (b) Depreciation
(c) Investment (d) All of these
(v) The employment level in the state of deficiency demand
(a) Will increase (b) Will decrease
(c) Will be stable (d) None of these

140 / E-813 2 1111 IN§ Miiiiii1111 MINE IIII P.T.O.

2 . "[N7 1x5=5
ftqd. Tairqf
(i) NP19q 'Tram -ijq-r wr4 t
(ii) Traff #TO-ff 3 c 41 -1=N)' cb) PTIfrM fbrr
t
(iii) 3-17M7 cbt 4)1 3q16tul t I

(iv)TiTg itErr t. I

(v) 1114 11Tff =
Fill in the blanks :
(i) Medium of exchange is a function of money.
(ii) In Balance of Payment includes visible and both items of
the trade.
i) Income tax is an example of tax.
) Budget is presented in Parliament by
Mid-value =.

3 aRIN fo-Nm 1x5=5

(i) rEf3i t
(ii) 1
,4 qAdi q,4 17f-41kichdi 1i %I
(iii) 4-ait 140wT--4r t
(iv) 1' cbI 9-P-19 t
(v) plq t ,dl t I
Write True or False :
(i) Tea and coffee are not complementary goods.
(ii) In perfect competition market — firm is a price-taker.
(iii) The demand for consumption depends upon propensity to
4 consume.
(iv) Medium of exchange is not a primary function of money.
(v) Balance of Payment is always balanced.

140 / E-813 3 111111M0111111 11111iiii 111 P.T.O.

4 till4r-et 49-r-4-4 : 1.x5=5

(i) ti I+zl ~i
c (a) icT) f4T4 •
c4 t, (b) -4t1A 7-4 f4*
cbt4 wdr tI
(iii) • «41'41 t (-1V1-1 (c) cl“
(iv) pit-11q _tc(ci) (d)r cbc) Aur alq ai-kk-: •
(v) 31#-Irda. Gme. (e) 3TYT 1:0
Match the columns :
'A' 'B'
(i) Equilibrium price (a) Hartley Vidarsh
(ii) Money is that, what (b) Import and
money does. Export goods
(iii) Balance of Trade (c) Indirect tax
(iv) Excise Duty (d) Expenditure is heavierrlative to
income.
(v) Unbalanced budget (e) Demand and supply

Vic, -r/citcN \-t-R trN-g 1 x5=5
(i) al(' 1936 Ntfa- 1. TT 11:1 qUTT4 I
(ii) A.T.M. TEff t ?
(iii) Nu1zf Trirga• ?
(iv) 20-30 Thcr tgaq foft171
(v) -fpft rOitfg I
Answer in one word/sentence :
(i) Write the name of a book written by Keynes in 1 93 6.
(ii) What is the full form of A.T.M. ?
(iii) What do you mean by budget ?
(iv) Write the class limit of 20 — 30.
(v) Write the utility of Index Number.

Tek diRqcbi f mcw edt %? 2
How many are types of. demand schedule ?
araNi / OR
vrawrciTiN-I aTet foitm
Write the meaning of substitute goods.

140 / E-8 1 3 4 II 11111 HMS 01110111111111111111111Iii P.T.O.

(d TFEtET 311Zr cif ITO-ff cb N-zrr aIgI ? 2
hen was the National Income Committee established in India ?
aTeRT OR
1-TRu Trctrzr aTrzrf 41U1.11 .Wr T14 Ct)l'l Cp ?
.
Who is calculating the national income 1U India ?

8 VI' 4 A19-r- uff-d-r ? 2
What is the marginal capacity of capital 7?-4
aTem / OR N
xn-ff9. ft ct)? ?
at is consumption function ?

9 - fq-q-4 afTcrrT -ctt LIRW'ri NNf# 1 2
ITrite the definition of money according tp- Prof. Hartley Vidarsh.
ziem / OR
' • R`il l'I t TITEFT To c LIRw'srr Nfkr4'i ._._
rite the definition of money according ;t„.p Prof Seligman.
: -,J
0. 4ult tr fq- rrT :
0, 145, 100, 120, 190, 200
Calculate the Range from the following series :
0, 145, 100, 120, 190, 200 k,)
zTelqi / OR c,1 ,
4E4 giti Trarwr WI Id cb fkitrq
rite the formula of median by the methCid of individual series.

011 w faftm
rite the importance of elasticity of demand.
3T4-41 / OR
cb) iTi i cbt yIrl cbitcb Nittm
rite the factors affecting supply.
ce)
cir4qit tti4 cb) 3
.
plain the perfect elasticity of supply.
aT2R1 OR c\i
711-AU cf.) ( =IA chi (cb foitim
rite the factors affecting demand.

5I IIIIIII III 111111 lllll 11111 'VII II ill IIIII 111111111 P.T.O.

13 4 -Po-d qq1".- 1ikc 3
10 — 20, 20 — 30 ati7 30 — 40
Write the class interval of the following classes :
10 — 20, 20 — 30 and 30 — 40
3ier4T / OR
PH-.1 3T c, tiwi-t 4c40-1 pia W4q :
10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20
Calculate the quartile deviation from the following data :
10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20

14 0— 1 0 4ft 10 — 20 w ITT VIM 3
Calculate the mid value of 0 — 10 and 10 — 20.
zianT / OR
tITP f4p-ft fA171
Write the formula of Index number of Paasche.

15 c4-1Re. elliPiR=1 4 ci.?) f4Pfird-rq Witig 4
Write the characteristics of micro economics. (any four)
ziargi / OR
tip aT4PIR-A 'Wf jai ~I
Explain the scope of macro economics.

16 Le f4PIEffrq fAtf4 I 4
Write any four characteristics of perfect competition market.
aTeRT OR
m6M1 qi\AR 74 7wRiwitt GivriR A---d-t fO-N71
Write differences between perfect competition market and monopoly market.

17 i;cil arvI tr-q-r4 t 4
Write the qualities of good money.
3i2mr I OR
4rg et--( trq 1A1 foiVq
Write differences between metallic money and paper money.

18 Tram* c -NPY'srd-rq fOft17 I 4
Write the four features of Balance of Payment.
aiam / OR
r4ict IRT" foit-71
Write the components of Current Account.

140 / E-8 1 3 6 11111111 111111111111111111111111111111111111111111111 1I:.1lT.O.

19 kcr at( 317-MT tui II
rite the examples of direct and indirect tax.
GTP-Ri / OR
cl“ M cb I t 9-Fr foitR
Write the names of the types of tax.

20 3T9 CDT 1Tror4 fq-N-qf t .9-wr iWftrqi
Write the names of methods of measures of dispersion.
afergi / OR
fq-q7ff 411'4 f4-
4ffff 4 cbli t fOitrq I
rite any two differences between mean deviation and standard deviation.

21 th-cfrii 4arr4 4r-A -1T ctalw41 cb) foftaqt 4
rite four difficulties in construction of index number.
zitr4i / OR
40- M- ail w4di wci -F4-41ict, old - tr-
A-qi
4
q-%
- AB C D E
1989 4 41,crq (0 50 40 80 110 20
1990 A' 41, (-.) 70 60 90 120 20

Calculate the• price index number by simple aggregate method using the
following data :
4
tern A B C D E
iprice in
50 40 80 110" 20
1989 (Rs.)
Price in
70 60 90 120 20
1990 (Rs.)

4
22 4-T4
Describe the assumptions of law .of demand.
4 mem / OR
444i t flzflT •Wr W-A-44 I
Describe the exceptions of law of demand.

140 / E-813 P.T.O.

23 Tritrzr N-rzr tglari lT i-mcq -Nfkrg 5
Write the importance of the national income counting.
3ier4T / OR
P-14-ircir6d NITO Mt am --(Psftzr eTrzr r fuili

-W-{-grr 8,000 cr)
,y-i NI 5,000
-131- 20,000
d 1 eiliT 1:1. w-tt 30,000
trti oiti 10,000
Calculate the national income by income method with the help of following data :
Items Crores (14,-)
Rent 8,000 -
Interest 5,000 '
Profit 20,000 L----
Wages and Salaries 30,000 '''IN H
Depreciation 10,000 ,--,
= ---

24 ft-0-4m Hiso ti 31-RF'W&T 51c1I tili*i14 5
Explain circular flow of income by two sector model.
aTem / OR
'k-a41-4 111. .iti aircr t',-"Th
Az Vr
Explain circular flow of ome by three sector of model.
25 quiz w-rtf
Describe the types of budget.
MKT f OR
qvie. 1=1-4- ce-1 1I
VIS-
Explain the importance of budget.
26 1*-11 iflgo air tWqc-11 Wild( 111V-1 gm Wi 1 l-c4o-f itumi i 5
54, 5'7, 52, 49, 42, .56, 4
Calculate mean deviation - mean with the help of following data..
54, 57, 52, 49, 42, 56, 4
► 3Ter41 / OR
arUet t'ilqt11--# 71174.Wi T-Tr Trial f4qffff 4, -.pill -("{N- 1
54, 57, 52, 49, 42, 56,
Calculate mean deviation 'Tit'y median with the help of following data.
54, 57, 52, 49, 42, 56, 47

140 / E-813 8 11111111 111111 111 11111 11111 1111111111 11111 111111111111