UGC NET Past Year Question Paper II: Economics (December 2012) | UGC NET Past Year Papers PDF Download

 Page 1


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of
questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not accept
a booklet without sticker-seal and do not accept an
open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the
Question Booklet will be replaced nor any extra
time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). Y ou have to darken the circle as indicated below
on the correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the OMR
Sheet given inside the Paper I Booklet only. If you mark
at any place other than in the circle in the OMR Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or
put any mark on any part of the OMR Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to
disqualification.
9. You have to return the test question booklet and Original
OMR Sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall. You are, however, allowed to carry
duplicate copy of OMR Sheet on conclusion of examination.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£Ö µÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
D-01-12 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯Öß µÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖ µÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פü µÖê •ÖÖ µÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿ µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓÜ µÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖ µÖê ÆüÖë µÖÖ ÃÖß׸ü µÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´Ö µÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פü µÖê •ÖÖ µÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖ µÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´Ö µÖ פü µÖÖ •ÖÖ µÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓÜ µÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸ µÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פü µÖê
ÝÖ µÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü
•ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖ µÖÖ ÝÖ µÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פü µÖê ÝÖ µÖê OMR ¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פü µÖê ÝÖ µÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †® µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Öæ» µÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פü µÖê ÝÖ µÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬ µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖÏ µÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
†® µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖÏ µÖÖêÝÖ Ûú¸üŸÖê Æïü, ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»Ö µÖê † µÖÖêÝ µÖ
‘ÖÖê×ÂÖŸÖ ×Ûú µÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤ü µÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿ µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖ µÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö
¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ü OMR ¯Ö¡ÖÛú Ûúß ›ãü¯»ÖßÛêú™ü ¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ
ÃÖÛúŸÖê Æïü …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖÏ µÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100 Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
01
(In figures as per admission card)
D12
Page 2


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of
questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not accept
a booklet without sticker-seal and do not accept an
open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the
Question Booklet will be replaced nor any extra
time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). Y ou have to darken the circle as indicated below
on the correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the OMR
Sheet given inside the Paper I Booklet only. If you mark
at any place other than in the circle in the OMR Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or
put any mark on any part of the OMR Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to
disqualification.
9. You have to return the test question booklet and Original
OMR Sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall. You are, however, allowed to carry
duplicate copy of OMR Sheet on conclusion of examination.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£Ö µÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
D-01-12 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯Öß µÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖ µÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פü µÖê •ÖÖ µÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿ µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓÜ µÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖ µÖê ÆüÖë µÖÖ ÃÖß׸ü µÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´Ö µÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פü µÖê •ÖÖ µÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖ µÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´Ö µÖ פü µÖÖ •ÖÖ µÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓÜ µÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸ µÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פü µÖê
ÝÖ µÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü
•ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖ µÖÖ ÝÖ µÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פü µÖê ÝÖ µÖê OMR ¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פü µÖê ÝÖ µÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †® µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Öæ» µÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פü µÖê ÝÖ µÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬ µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖÏ µÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
†® µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖÏ µÖÖêÝÖ Ûú¸üŸÖê Æïü, ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»Ö µÖê † µÖÖêÝ µÖ
‘ÖÖê×ÂÖŸÖ ×Ûú µÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤ü µÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿ µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖ µÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö
¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ü OMR ¯Ö¡ÖÛú Ûúß ›ãü¯»ÖßÛêú™ü ¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ
ÃÖÛúŸÖê Æïü …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
¯ÖÏ µÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100 Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
01
(In figures as per admission card)
D12
Paper-II 2  D-01-12 
 
 
 
 
 
 Q. Nos. 1-10 : Read the following 
questions and choose the correct 
answer from the options given below 
these questions. 
 
1. For downward movement along the 
iso-quant, MRTS of Labour per unit 
of capital (MRTS
L,K
) is given by 
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. Charging a different price in different 
markets is called 
 (A) price discrimination 
 (B) second degree price 
discrimination 
 (C) third degree price 
discrimination 
 (D) perfect price discrimination 
 
3. Which of the following is the most 
significant in stabilization policy ? 
 (A) Private investment 
 (B) Inventory investment 
 (C) Autonomous investment 
 (D) Public investment 
 
4. The concept of vicious circle of 
poverty is associated with 
 (A) Kindleberger 
 (B) Schumpeter 
 (C) Ragnar Frish 
 (D) Gunnar Myrdal 
 
5. Solow built his model as an 
alternative to 
 (A) Kaldor’s model of growth 
 (B) Ranis-Fei model of growth 
 (C) Harrod-Domar model of 
growth 
 (D) Meade’s model of growth 
 
 
 
 
 
 
6. If interest payments are subtracted 
from gross fiscal deficit, the 
remainder will be 
 (A) revenue deficit 
 (B) gross primary deficit 
 (C) capital deficit 
 (D) budgetary deficit 
 
7. Which of the following measures of 
central tendency will be the most 
appropriate to use if the data relate to 
rates, proportions and ratios ? 
 (A) Arithmetic mean 
 (B) Median 
 (C) Harmonic mean 
 (D) Geometric mean 
 
8. Opportunity cost version of 
comparative cost advantage doctrine 
was introduced by 
 (A) J.M. Keynes 
 (B) Kindleberger 
 (C) Haberler 
 (D) Karl Marx 
 
9. The most popular definition of 
sustainable development is given by 
 (A) World Development Report 
 (B) UNDP Report 
 (C) Brundtland 
 (D) IMF Report 
 
10. During the planning period, highest 
growth rate was achieved during 
 (A) eighth plan 
 (B) tenth plan 
 (C) ninth plan 
 (D) seventh plan 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
Page 3


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of
questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not accept
a booklet without sticker-seal and do not accept an
open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the
Question Booklet will be replaced nor any extra
time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). Y ou have to darken the circle as indicated below
on the correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the OMR
Sheet given inside the Paper I Booklet only. If you mark
at any place other than in the circle in the OMR Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or
put any mark on any part of the OMR Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to
disqualification.
9. You have to return the test question booklet and Original
OMR Sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall. You are, however, allowed to carry
duplicate copy of OMR Sheet on conclusion of examination.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£Ö µÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
D-01-12 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯Öß µÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖ µÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פü µÖê •ÖÖ µÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿ µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
¯ÖÏ¿®ÖÖë Ûúß ÃÖÓÜ µÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
ÝÖ µÖê ÆüÖë µÖÖ ÃÖß׸ü µÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´Ö µÖ ˆÃÖê
»ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פü µÖê •ÖÖ µÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖ µÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
†×ŸÖ׸üŒŸÖ ÃÖ´Ö µÖ פü µÖÖ •ÖÖ µÖêÝÖÖ …
(iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓÜ µÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
4. ¯ÖÏŸ µÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פü µÖê
ÝÖ µÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü
•ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖ µÖÖ ÝÖ µÖÖ Æîü …
ˆ¤üÖÆü¸üÞÖ :
•Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Ö¡Ö I Ûêú †®¤ü¸ü פü µÖê ÝÖ µÖê OMR ¯Ö¡ÖÛú ¯Ö¸ü Æüß
†Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פü µÖê ÝÖ µÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
×ÛúÃÖß †® µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Öæ» µÖÖÓÛú®Ö
®ÖÆüà ÆüÖêÝÖÖ …
6. †®¤ü¸ü פü µÖê ÝÖ µÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬ µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
8. µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
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‘ÖÖê×ÂÖŸÖ ×Ûú µÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛú
×®Ö¸üßõÖÛú ´ÖÆüÖê¤ü µÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿ µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖ µÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö
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ÃÖÛúŸÖê Æïü …
10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
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12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô †ÓÛú ÛúÖ™êü ®ÖÆüà •ÖÖ‹ÑÝÖê …
[Maximum Marks : 100 Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
01
(In figures as per admission card)
D12
Paper-II 2  D-01-12 
 
 
 
 
 
 Q. Nos. 1-10 : Read the following 
questions and choose the correct 
answer from the options given below 
these questions. 
 
1. For downward movement along the 
iso-quant, MRTS of Labour per unit 
of capital (MRTS
L,K
) is given by 
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. Charging a different price in different 
markets is called 
 (A) price discrimination 
 (B) second degree price 
discrimination 
 (C) third degree price 
discrimination 
 (D) perfect price discrimination 
 
3. Which of the following is the most 
significant in stabilization policy ? 
 (A) Private investment 
 (B) Inventory investment 
 (C) Autonomous investment 
 (D) Public investment 
 
4. The concept of vicious circle of 
poverty is associated with 
 (A) Kindleberger 
 (B) Schumpeter 
 (C) Ragnar Frish 
 (D) Gunnar Myrdal 
 
5. Solow built his model as an 
alternative to 
 (A) Kaldor’s model of growth 
 (B) Ranis-Fei model of growth 
 (C) Harrod-Domar model of 
growth 
 (D) Meade’s model of growth 
 
 
 
 
 
 
6. If interest payments are subtracted 
from gross fiscal deficit, the 
remainder will be 
 (A) revenue deficit 
 (B) gross primary deficit 
 (C) capital deficit 
 (D) budgetary deficit 
 
7. Which of the following measures of 
central tendency will be the most 
appropriate to use if the data relate to 
rates, proportions and ratios ? 
 (A) Arithmetic mean 
 (B) Median 
 (C) Harmonic mean 
 (D) Geometric mean 
 
8. Opportunity cost version of 
comparative cost advantage doctrine 
was introduced by 
 (A) J.M. Keynes 
 (B) Kindleberger 
 (C) Haberler 
 (D) Karl Marx 
 
9. The most popular definition of 
sustainable development is given by 
 (A) World Development Report 
 (B) UNDP Report 
 (C) Brundtland 
 (D) IMF Report 
 
10. During the planning period, highest 
growth rate was achieved during 
 (A) eighth plan 
 (B) tenth plan 
 (C) ninth plan 
 (D) seventh plan 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 D-01-12 3  Paper-II 
 
 
 
 
 
 ¯ÖÏ¿®Ö ÃÖÓܵÖÖ 1-10 : ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌü‹ 
†Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ 
“ÖµÖ®Ö Ûúßו֋ … 
 
1. ÃÖ´Ö-ˆŸ¯ÖÖ¤ü ¯Ö¸ü †¬ÖÖê´ÖãÜÖß ÝÖ×ŸÖ Ûêú ×»ÖµÖê, ¯ÖæÑ•Öß 
(MRTS
L,K
) ¯ÖÏ×ŸÖ ‡ÛúÖ‡Ô ÁÖ´Ö Ûúß MRTS 
×®Ö´®Ö×»Ö×ÜÖŸÖ Ûêú «üÖ¸üÖ ¤ü¿ÖÖÔ‡Ô •ÖÖŸÖß Æîü :  
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. ׳֮®Ö ²ÖÖ•ÖÖ¸üÖë ´Öë ׳֮®Ö Ûúß´ÖŸÖ ¾ÖÃÖæ»Ö Ûú¸ü®ÖÖ ŒµÖÖ 
ÛúÆü»ÖÖŸÖÖ Æîü ? 
 (A) Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (B) ׫üŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (C) ŸÖéŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (D) ¯ÖæÞÖÔ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 
3. ×ãָüßÛú¸üÞÖ ®Öß×ŸÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÃÖ¾ÖÖÔ׬ÖÛú 
´ÖÆü¢¾Ö¯ÖæÞÖÔ ŒµÖÖ Æîü ? 
 (A) ×®Ö•Öß ×®Ö¾Öê¿Ö 
 (B) ‡®Ö¾Öë™Òüß ×®Ö¾Öê¿Ö 
 (C) þÖÖµÖ¢Ö ×®Ö¾Öê¿Ö 
 (D) »ÖÖêÛú ×®Ö¾Öê¿Ö 
 
4. ×®Ö¬ÖÔ®ÖŸÖÖ Ûêú ¤ãü“ÖÛÎú Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ×ÛúÃÖÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æîü ? 
 (A) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (B) ¿Öã´¯Öß™ü¸ü 
 (C) ¸êüÝÖ®Ö¸ü ×±Ïú¿Ö 
 (D) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Öü 
 
5. ÃÖÖê»ÖÖê ®Öê †¯Ö®ÖÖ ´ÖÖò›ü»Ö ×ÛúÃÖÛêú ×¾ÖÛú»¯Ö Ûêú ºþ¯Ö ´Öë 
×®ÖÙ´ÖŸÖ ×ÛúµÖÖ ? 
 (A) ÛúÖ»›ò¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (B) ¸êü×®Ö¿Ö-±úß ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (C) Æêü¸üÖê›-›üÖê´Ö¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (D) ´Öß›ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 
 
 
 
 
6. µÖפü Ûãú»Ö ¸üÖ•ÖÛúÖêÂÖßµÖ ‘ÖÖ™êü ´Öë ÃÖê ²µÖÖ•Ö †¤üÖµÖ×ÝÖµÖÖë 
ÛúÖê ‘Ö™üÖ ×¤üµÖÖ •ÖÖ‹, ŸÖÖê ¿ÖêÂÖ ¸üÆêüÝÖÖ  
 (A) ¸üÖ•ÖÃ¾Ö ‘ÖÖ™üÖ 
 (B) ÃÖÛú»Ö ¯ÖÏÖ£Ö×´ÖÛú ‘ÖÖ™üÖ 
 (C) ¯ÖæÑ•ÖßÝÖŸÖ ‘ÖÖ™üÖ 
 (D) ²Ö•Ö™üßµÖ ‘ÖÖ™üÖ 
 
7. µÖפü †ÖÑÛú›Ìêü ¤ü¸üÖë, ÃÖ´ÖÖ®Öã¯ÖÖŸÖÖë ŸÖ£ÖÖ †®Öã¯ÖÖŸÖÖë ÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æïü ŸÖÖê Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö Ûêú ÛúÖî®Ö ÃÖê ´ÖÖ¯Ö ÛúÖ 
ˆ¯ÖµÖÖêÝÖ Ûú¸ü®ÖÖ ÃÖ¾ÖÖÔ׬ÖÛú ˆ¯ÖµÖãŒŸÖ ÆüÖêÝÖÖ ? 
 (A) ÝÖ×ÞÖŸÖßµÖ ´ÖÖ¬µÖ 
 (B) ´ÖÖ׬µÖÛúÖ 
 (C) Æü¸üÖŸ´ÖÛú ´ÖÖ¬µÖ 
 (D) •µÖÖ×´ÖŸÖßµÖ ´ÖÖ¬µÖ 
 
8. ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ »ÖÖ³Ö ×ÃÖ¨üÖÓŸÖ ÛúÖ †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ 
ºþ¯Ö ×ÛúÃÖ®Öê ¯ÖÏן֯ÖÖפüŸÖ ×ÛúµÖÖ £ÖÖ ? 
 (A) •Öê.‹´Ö.Ûúß®ÃÖ 
 (B) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (C) Æîü²Ö¸ü»Ö¸ü 
 (D) ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ 
 
9. ¬ÖÖ¸üÞÖßµÖ ×¾ÖÛúÖÃÖ Ûúß ÃÖ¾ÖÖÔ׬ÖÛú »ÖÖêÛúׯÖ쵅 ¯Ö׸ü³ÖÖÂÖÖ 
×ÛúÃÖ®Öê ¤üß Æîü ? 
 (A) ×¾Ö¿¾Ö ×¾ÖÛúÖÃÖ ×¸ü¯ÖÖê™Ôü 
 (B) µÖæ.‹®Ö.›üß.¯Öß. ׸ü¯ÖÖê™Ôü 
 (C) ²ÖÎÓ›Ëü™ü»Öï›ü 
 (D) †ÓŸÖ¸üÖÔ™ÒüßµÖ ´Öã¦üÖ ÛúÖêÂÖ ×¸ü¯ÖÖê™Ôü 
 
10. ×®ÖµÖÖê•Ö®Ö †¾Ö×¬Ö Ûêú ¤üÖî¸üÖ®Ö, ÃÖ¾ÖÖì““Ö ×¾ÖÛúÖÃÖ ¤ü¸ü Ûú²Ö 
¯ÖÏÖ¯ŸÖ Ûúß ÝÖ‡Ô ? 
 (A) †Öšü¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (B) ¤üÃÖ¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (C) ®ÖÖî¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
 (D) ÃÖÖŸÖ¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü-×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æïü … 
Page 4


1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of
questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not accept
a booklet without sticker-seal and do not accept an
open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the
Question Booklet will be replaced nor any extra
time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). Y ou have to darken the circle as indicated below
on the correct response against each item.
Example :
where (C) is the correct response.
5. Y our responses to the items are to be indicated in the OMR
Sheet given inside the Paper I Booklet only. If you mark
at any place other than in the circle in the OMR Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your Name, Roll Number, Phone Number or
put any mark on any part of the OMR Sheet, except for the
space allotted for the relevant entries, which may disclose
your identity, or use abusive language or employ any other
unfair means, you will render yourself liable to
disqualification.
9. You have to return the test question booklet and Original
OMR Sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall. You are, however, allowed to carry
duplicate copy of OMR Sheet on conclusion of examination.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£Ö µÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
D-01-12 1 P.T.O.
1. ¯ÖÆü»Öê ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®Ö µÖŸÖ ãÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ ²ÖÆãü×¾ÖÛú»¯Öß µÖ ¯ÖÏ¿®Ö Æïü …
3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖ µÖêÝÖß … ¯ÖÆü»Öê
¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
•ÖÖÑ“Ö Ûêú ×»Ö‹ פü µÖê •ÖÖ µÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿ µÖ Ûú¸ü®Öß Æîü :
(i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
(ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
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[Maximum Marks : 100 Time : 1 
1
/
4
 hours]
PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
01
(In figures as per admission card)
D12
Paper-II 2  D-01-12 
 
 
 
 
 
 Q. Nos. 1-10 : Read the following 
questions and choose the correct 
answer from the options given below 
these questions. 
 
1. For downward movement along the 
iso-quant, MRTS of Labour per unit 
of capital (MRTS
L,K
) is given by 
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. Charging a different price in different 
markets is called 
 (A) price discrimination 
 (B) second degree price 
discrimination 
 (C) third degree price 
discrimination 
 (D) perfect price discrimination 
 
3. Which of the following is the most 
significant in stabilization policy ? 
 (A) Private investment 
 (B) Inventory investment 
 (C) Autonomous investment 
 (D) Public investment 
 
4. The concept of vicious circle of 
poverty is associated with 
 (A) Kindleberger 
 (B) Schumpeter 
 (C) Ragnar Frish 
 (D) Gunnar Myrdal 
 
5. Solow built his model as an 
alternative to 
 (A) Kaldor’s model of growth 
 (B) Ranis-Fei model of growth 
 (C) Harrod-Domar model of 
growth 
 (D) Meade’s model of growth 
 
 
 
 
 
 
6. If interest payments are subtracted 
from gross fiscal deficit, the 
remainder will be 
 (A) revenue deficit 
 (B) gross primary deficit 
 (C) capital deficit 
 (D) budgetary deficit 
 
7. Which of the following measures of 
central tendency will be the most 
appropriate to use if the data relate to 
rates, proportions and ratios ? 
 (A) Arithmetic mean 
 (B) Median 
 (C) Harmonic mean 
 (D) Geometric mean 
 
8. Opportunity cost version of 
comparative cost advantage doctrine 
was introduced by 
 (A) J.M. Keynes 
 (B) Kindleberger 
 (C) Haberler 
 (D) Karl Marx 
 
9. The most popular definition of 
sustainable development is given by 
 (A) World Development Report 
 (B) UNDP Report 
 (C) Brundtland 
 (D) IMF Report 
 
10. During the planning period, highest 
growth rate was achieved during 
 (A) eighth plan 
 (B) tenth plan 
 (C) ninth plan 
 (D) seventh plan 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 D-01-12 3  Paper-II 
 
 
 
 
 
 ¯ÖÏ¿®Ö ÃÖÓܵÖÖ 1-10 : ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌü‹ 
†Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ 
“ÖµÖ®Ö Ûúßו֋ … 
 
1. ÃÖ´Ö-ˆŸ¯ÖÖ¤ü ¯Ö¸ü †¬ÖÖê´ÖãÜÖß ÝÖ×ŸÖ Ûêú ×»ÖµÖê, ¯ÖæÑ•Öß 
(MRTS
L,K
) ¯ÖÏ×ŸÖ ‡ÛúÖ‡Ô ÁÖ´Ö Ûúß MRTS 
×®Ö´®Ö×»Ö×ÜÖŸÖ Ûêú «üÖ¸üÖ ¤ü¿ÖÖÔ‡Ô •ÖÖŸÖß Æîü :  
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. ׳֮®Ö ²ÖÖ•ÖÖ¸üÖë ´Öë ׳֮®Ö Ûúß´ÖŸÖ ¾ÖÃÖæ»Ö Ûú¸ü®ÖÖ ŒµÖÖ 
ÛúÆü»ÖÖŸÖÖ Æîü ? 
 (A) Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (B) ׫üŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (C) ŸÖéŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (D) ¯ÖæÞÖÔ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 
3. ×ãָüßÛú¸üÞÖ ®Öß×ŸÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÃÖ¾ÖÖÔ׬ÖÛú 
´ÖÆü¢¾Ö¯ÖæÞÖÔ ŒµÖÖ Æîü ? 
 (A) ×®Ö•Öß ×®Ö¾Öê¿Ö 
 (B) ‡®Ö¾Öë™Òüß ×®Ö¾Öê¿Ö 
 (C) þÖÖµÖ¢Ö ×®Ö¾Öê¿Ö 
 (D) »ÖÖêÛú ×®Ö¾Öê¿Ö 
 
4. ×®Ö¬ÖÔ®ÖŸÖÖ Ûêú ¤ãü“ÖÛÎú Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ×ÛúÃÖÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æîü ? 
 (A) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (B) ¿Öã´¯Öß™ü¸ü 
 (C) ¸êüÝÖ®Ö¸ü ×±Ïú¿Ö 
 (D) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Öü 
 
5. ÃÖÖê»ÖÖê ®Öê †¯Ö®ÖÖ ´ÖÖò›ü»Ö ×ÛúÃÖÛêú ×¾ÖÛú»¯Ö Ûêú ºþ¯Ö ´Öë 
×®ÖÙ´ÖŸÖ ×ÛúµÖÖ ? 
 (A) ÛúÖ»›ò¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (B) ¸êü×®Ö¿Ö-±úß ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (C) Æêü¸üÖê›-›üÖê´Ö¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (D) ´Öß›ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 
 
 
 
 
6. µÖפü Ûãú»Ö ¸üÖ•ÖÛúÖêÂÖßµÖ ‘ÖÖ™êü ´Öë ÃÖê ²µÖÖ•Ö †¤üÖµÖ×ÝÖµÖÖë 
ÛúÖê ‘Ö™üÖ ×¤üµÖÖ •ÖÖ‹, ŸÖÖê ¿ÖêÂÖ ¸üÆêüÝÖÖ  
 (A) ¸üÖ•ÖÃ¾Ö ‘ÖÖ™üÖ 
 (B) ÃÖÛú»Ö ¯ÖÏÖ£Ö×´ÖÛú ‘ÖÖ™üÖ 
 (C) ¯ÖæÑ•ÖßÝÖŸÖ ‘ÖÖ™üÖ 
 (D) ²Ö•Ö™üßµÖ ‘ÖÖ™üÖ 
 
7. µÖפü †ÖÑÛú›Ìêü ¤ü¸üÖë, ÃÖ´ÖÖ®Öã¯ÖÖŸÖÖë ŸÖ£ÖÖ †®Öã¯ÖÖŸÖÖë ÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æïü ŸÖÖê Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö Ûêú ÛúÖî®Ö ÃÖê ´ÖÖ¯Ö ÛúÖ 
ˆ¯ÖµÖÖêÝÖ Ûú¸ü®ÖÖ ÃÖ¾ÖÖÔ׬ÖÛú ˆ¯ÖµÖãŒŸÖ ÆüÖêÝÖÖ ? 
 (A) ÝÖ×ÞÖŸÖßµÖ ´ÖÖ¬µÖ 
 (B) ´ÖÖ׬µÖÛúÖ 
 (C) Æü¸üÖŸ´ÖÛú ´ÖÖ¬µÖ 
 (D) •µÖÖ×´ÖŸÖßµÖ ´ÖÖ¬µÖ 
 
8. ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ »ÖÖ³Ö ×ÃÖ¨üÖÓŸÖ ÛúÖ †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ 
ºþ¯Ö ×ÛúÃÖ®Öê ¯ÖÏן֯ÖÖפüŸÖ ×ÛúµÖÖ £ÖÖ ? 
 (A) •Öê.‹´Ö.Ûúß®ÃÖ 
 (B) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (C) Æîü²Ö¸ü»Ö¸ü 
 (D) ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ 
 
9. ¬ÖÖ¸üÞÖßµÖ ×¾ÖÛúÖÃÖ Ûúß ÃÖ¾ÖÖÔ׬ÖÛú »ÖÖêÛúׯÖ쵅 ¯Ö׸ü³ÖÖÂÖÖ 
×ÛúÃÖ®Öê ¤üß Æîü ? 
 (A) ×¾Ö¿¾Ö ×¾ÖÛúÖÃÖ ×¸ü¯ÖÖê™Ôü 
 (B) µÖæ.‹®Ö.›üß.¯Öß. ׸ü¯ÖÖê™Ôü 
 (C) ²ÖÎÓ›Ëü™ü»Öï›ü 
 (D) †ÓŸÖ¸üÖÔ™ÒüßµÖ ´Öã¦üÖ ÛúÖêÂÖ ×¸ü¯ÖÖê™Ôü 
 
10. ×®ÖµÖÖê•Ö®Ö †¾Ö×¬Ö Ûêú ¤üÖî¸üÖ®Ö, ÃÖ¾ÖÖì““Ö ×¾ÖÛúÖÃÖ ¤ü¸ü Ûú²Ö 
¯ÖÏÖ¯ŸÖ Ûúß ÝÖ‡Ô ? 
 (A) †Öšü¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (B) ¤üÃÖ¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (C) ®ÖÖî¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
 (D) ÃÖÖŸÖ¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü-×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æïü … 
Paper-II 4  D-01-12 
 Q. Nos. 11-20 : Read  the questions         
and select the correct option for the 
answer from the list given below : 
 
11. Labour theory of value was 
propounded by 
 a. Adam Smith 
 b. David Ricardo 
 c. Ragnar Nurkse, Gunnar 
Myrdal, R.M. Solow 
 d. Fei-Rani’s, Ragnar Nurkse 
 Codes : 
 (A) a and b (B) a and c 
 (C) a, b, c (D) a, b, c, d 
 
12. The features of the classical system 
are 
 a. Monetary factors determine 
output and employment. 
 b. Self adjusting mechanism of 
the economy. 
 c. State action to direct 
development. 
 d. Optimization through market in 
the absence of state control. 
 Codes : 
 (A) a and b (B) a, b, c 
 (C) b and d (D) a, b, d 
 
13. Concepts of displacement and 
concentration effect in public 
expenditure are attributed to 
 a. A.C. Pigou and J.K. Mehta 
 b. Alan T. Peacock and Jack 
Wiseman 
 c. Kenneth Arrow and Paul A. 
Samuelson 
 d. A.R. Prest and I.M.D. Little 
 Codes : 
 (A) a and b (B) b 
 (C) a, b, c (D) a, b, c, d 
14. Human Development Index (HDI) is 
constructed with reference to 
 a. Life expectancy at birth, real 
GDP per capita, gross 
enrolment ratio, adult literacy 
rate. 
 b. Life expectancy at birth, real 
GDP per capita, combined 
gross enrolment ratio, adult 
literacy rate. 
 c. Life expectancy, GDP per 
capita, infant mortality rate, 
literacy rate. 
 d. GDP per capita, infant 
mortality rate, literacy rate 
 Codes : 
 (A) a and b (B) a and c 
 (C) c (D) a, b, d 
 
15. The unbalanced growth model was 
propounded first by 
 a. Albert O. Hirschman 
 b. H.S. Singer and Raul Prebisch 
 c. Kindelberger and Ragnar 
Nurkse 
 d. W.W. Rostow and Paul 
Streeten 
 Codes : 
 (A) a and b (B) a and c 
 (C) a and d (D) a 
 
16. Harrod-Domar model of growth is 
based on the concepts of and their 
equality 
 a. Population and productivity 
growth. 
 b. Investment and average growth 
rate of income. 
 c. Actual, warranted and natural 
growth rate. 
 d. Productivity growth and 
investment growth. 
 Codes : 
 (A) a and c (B) a and d 
 (C) c (D) a, b, c 
Page 5


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Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates ¯Ö¸üßõÖÖÙ£Ö µÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
D-01-12 1 P.T.O.
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[Maximum Marks : 100 Time : 1 
1
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PAPER-II
ECONOMICS
(To be filled by the Candidate)
Signature and Name of Invigilator
OMR Sheet No. : ...............................................
Roll No.
(In words)
1. (Signature) __________________________
(Name)  ____________________________
2. (Signature) __________________________
(Name)  ____________________________
Roll No.________________________________
01
(In figures as per admission card)
D12
Paper-II 2  D-01-12 
 
 
 
 
 
 Q. Nos. 1-10 : Read the following 
questions and choose the correct 
answer from the options given below 
these questions. 
 
1. For downward movement along the 
iso-quant, MRTS of Labour per unit 
of capital (MRTS
L,K
) is given by 
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. Charging a different price in different 
markets is called 
 (A) price discrimination 
 (B) second degree price 
discrimination 
 (C) third degree price 
discrimination 
 (D) perfect price discrimination 
 
3. Which of the following is the most 
significant in stabilization policy ? 
 (A) Private investment 
 (B) Inventory investment 
 (C) Autonomous investment 
 (D) Public investment 
 
4. The concept of vicious circle of 
poverty is associated with 
 (A) Kindleberger 
 (B) Schumpeter 
 (C) Ragnar Frish 
 (D) Gunnar Myrdal 
 
5. Solow built his model as an 
alternative to 
 (A) Kaldor’s model of growth 
 (B) Ranis-Fei model of growth 
 (C) Harrod-Domar model of 
growth 
 (D) Meade’s model of growth 
 
 
 
 
 
 
6. If interest payments are subtracted 
from gross fiscal deficit, the 
remainder will be 
 (A) revenue deficit 
 (B) gross primary deficit 
 (C) capital deficit 
 (D) budgetary deficit 
 
7. Which of the following measures of 
central tendency will be the most 
appropriate to use if the data relate to 
rates, proportions and ratios ? 
 (A) Arithmetic mean 
 (B) Median 
 (C) Harmonic mean 
 (D) Geometric mean 
 
8. Opportunity cost version of 
comparative cost advantage doctrine 
was introduced by 
 (A) J.M. Keynes 
 (B) Kindleberger 
 (C) Haberler 
 (D) Karl Marx 
 
9. The most popular definition of 
sustainable development is given by 
 (A) World Development Report 
 (B) UNDP Report 
 (C) Brundtland 
 (D) IMF Report 
 
10. During the planning period, highest 
growth rate was achieved during 
 (A) eighth plan 
 (B) tenth plan 
 (C) ninth plan 
 (D) seventh plan 
ECONOMICS 
Paper – II 
 
Note : This paper contains fifty (50) objective type questions, each question carrying two (2) 
marks. Attempt all the questions. 
 D-01-12 3  Paper-II 
 
 
 
 
 
 ¯ÖÏ¿®Ö ÃÖÓܵÖÖ 1-10 : ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌü‹ 
†Öî¸ü ˆ®ÖÛêú ®Öß“Öê פü‹ ×¾ÖÛú»¯ÖÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ 
“ÖµÖ®Ö Ûúßו֋ … 
 
1. ÃÖ´Ö-ˆŸ¯ÖÖ¤ü ¯Ö¸ü †¬ÖÖê´ÖãÜÖß ÝÖ×ŸÖ Ûêú ×»ÖµÖê, ¯ÖæÑ•Öß 
(MRTS
L,K
) ¯ÖÏ×ŸÖ ‡ÛúÖ‡Ô ÁÖ´Ö Ûúß MRTS 
×®Ö´®Ö×»Ö×ÜÖŸÖ Ûêú «üÖ¸üÖ ¤ü¿ÖÖÔ‡Ô •ÖÖŸÖß Æîü :  
 (A) – dK/dL 
 (B) dK/dL 
 (C) dL/dK 
 (D) – dL/dK 
 
2. ׳֮®Ö ²ÖÖ•ÖÖ¸üÖë ´Öë ׳֮®Ö Ûúß´ÖŸÖ ¾ÖÃÖæ»Ö Ûú¸ü®ÖÖ ŒµÖÖ 
ÛúÆü»ÖÖŸÖÖ Æîü ? 
 (A) Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (B) ׫üŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (C) ŸÖéŸÖßµÖ ÁÖêÞÖß ÛúÖ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 (D) ¯ÖæÞÖÔ Ûúß´ÖŸÖ ×¾Ö³Öê¤üßÛú¸üÞÖ 
 
3. ×ãָüßÛú¸üÞÖ ®Öß×ŸÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÃÖ¾ÖÖÔ׬ÖÛú 
´ÖÆü¢¾Ö¯ÖæÞÖÔ ŒµÖÖ Æîü ? 
 (A) ×®Ö•Öß ×®Ö¾Öê¿Ö 
 (B) ‡®Ö¾Öë™Òüß ×®Ö¾Öê¿Ö 
 (C) þÖÖµÖ¢Ö ×®Ö¾Öê¿Ö 
 (D) »ÖÖêÛú ×®Ö¾Öê¿Ö 
 
4. ×®Ö¬ÖÔ®ÖŸÖÖ Ûêú ¤ãü“ÖÛÎú Ûúß †¾Ö¬ÖÖ¸üÞÖÖ ×ÛúÃÖÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æîü ? 
 (A) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (B) ¿Öã´¯Öß™ü¸ü 
 (C) ¸êüÝÖ®Ö¸ü ×±Ïú¿Ö 
 (D) ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Öü 
 
5. ÃÖÖê»ÖÖê ®Öê †¯Ö®ÖÖ ´ÖÖò›ü»Ö ×ÛúÃÖÛêú ×¾ÖÛú»¯Ö Ûêú ºþ¯Ö ´Öë 
×®ÖÙ´ÖŸÖ ×ÛúµÖÖ ? 
 (A) ÛúÖ»›ò¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (B) ¸êü×®Ö¿Ö-±úß ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (C) Æêü¸üÖê›-›üÖê´Ö¸ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 (D) ´Öß›ü ÛúÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö 
 
 
 
 
 
6. µÖפü Ûãú»Ö ¸üÖ•ÖÛúÖêÂÖßµÖ ‘ÖÖ™êü ´Öë ÃÖê ²µÖÖ•Ö †¤üÖµÖ×ÝÖµÖÖë 
ÛúÖê ‘Ö™üÖ ×¤üµÖÖ •ÖÖ‹, ŸÖÖê ¿ÖêÂÖ ¸üÆêüÝÖÖ  
 (A) ¸üÖ•ÖÃ¾Ö ‘ÖÖ™üÖ 
 (B) ÃÖÛú»Ö ¯ÖÏÖ£Ö×´ÖÛú ‘ÖÖ™üÖ 
 (C) ¯ÖæÑ•ÖßÝÖŸÖ ‘ÖÖ™üÖ 
 (D) ²Ö•Ö™üßµÖ ‘ÖÖ™üÖ 
 
7. µÖפü †ÖÑÛú›Ìêü ¤ü¸üÖë, ÃÖ´ÖÖ®Öã¯ÖÖŸÖÖë ŸÖ£ÖÖ †®Öã¯ÖÖŸÖÖë ÃÖê 
ÃÖ´²Ö×®¬ÖŸÖ Æïü ŸÖÖê Ûêú®¦üßµÖ ¯ÖϾÖé×¢Ö Ûêú ÛúÖî®Ö ÃÖê ´ÖÖ¯Ö ÛúÖ 
ˆ¯ÖµÖÖêÝÖ Ûú¸ü®ÖÖ ÃÖ¾ÖÖÔ׬ÖÛú ˆ¯ÖµÖãŒŸÖ ÆüÖêÝÖÖ ? 
 (A) ÝÖ×ÞÖŸÖßµÖ ´ÖÖ¬µÖ 
 (B) ´ÖÖ׬µÖÛúÖ 
 (C) Æü¸üÖŸ´ÖÛú ´ÖÖ¬µÖ 
 (D) •µÖÖ×´ÖŸÖßµÖ ´ÖÖ¬µÖ 
 
8. ŸÖã»Ö®ÖÖŸ´ÖÛú »ÖÖÝÖŸÖ »ÖÖ³Ö ×ÃÖ¨üÖÓŸÖ ÛúÖ †¾ÖÃÖ¸ü »ÖÖÝÖŸÖ 
ºþ¯Ö ×ÛúÃÖ®Öê ¯ÖÏן֯ÖÖפüŸÖ ×ÛúµÖÖ £ÖÖ ? 
 (A) •Öê.‹´Ö.Ûúß®ÃÖ 
 (B) ØÛú›ü»Ö²ÖÝÖÔ¸ü 
 (C) Æîü²Ö¸ü»Ö¸ü 
 (D) ÛúÖ»ÖÔ ´ÖÖŒÃÖÔ 
 
9. ¬ÖÖ¸üÞÖßµÖ ×¾ÖÛúÖÃÖ Ûúß ÃÖ¾ÖÖÔ׬ÖÛú »ÖÖêÛúׯÖ쵅 ¯Ö׸ü³ÖÖÂÖÖ 
×ÛúÃÖ®Öê ¤üß Æîü ? 
 (A) ×¾Ö¿¾Ö ×¾ÖÛúÖÃÖ ×¸ü¯ÖÖê™Ôü 
 (B) µÖæ.‹®Ö.›üß.¯Öß. ׸ü¯ÖÖê™Ôü 
 (C) ²ÖÎÓ›Ëü™ü»Öï›ü 
 (D) †ÓŸÖ¸üÖÔ™ÒüßµÖ ´Öã¦üÖ ÛúÖêÂÖ ×¸ü¯ÖÖê™Ôü 
 
10. ×®ÖµÖÖê•Ö®Ö †¾Ö×¬Ö Ûêú ¤üÖî¸üÖ®Ö, ÃÖ¾ÖÖì““Ö ×¾ÖÛúÖÃÖ ¤ü¸ü Ûú²Ö 
¯ÖÏÖ¯ŸÖ Ûúß ÝÖ‡Ô ? 
 (A) †Öšü¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (B) ¤üÃÖ¾Öà µÖÖê•Ö®ÖÖ Ûêú ¤üÖî¸üÖ®Ö 
 (C) ®ÖÖî¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
 (D) ÃÖÖŸÖ¾Öà µÖÖê•Ö®ÖÖ ÛúÖ»Ö ´Öë 
†£ÖÔ¿ÖÖÃ¡Ö 
¯ÖÏ¿®Ö¯Ö¡Ö – II 
 
×®Ö¤ìü¿Ö : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÖÃÖ (50) ²ÖÆãü-×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æïü … 
Paper-II 4  D-01-12 
 Q. Nos. 11-20 : Read  the questions         
and select the correct option for the 
answer from the list given below : 
 
11. Labour theory of value was 
propounded by 
 a. Adam Smith 
 b. David Ricardo 
 c. Ragnar Nurkse, Gunnar 
Myrdal, R.M. Solow 
 d. Fei-Rani’s, Ragnar Nurkse 
 Codes : 
 (A) a and b (B) a and c 
 (C) a, b, c (D) a, b, c, d 
 
12. The features of the classical system 
are 
 a. Monetary factors determine 
output and employment. 
 b. Self adjusting mechanism of 
the economy. 
 c. State action to direct 
development. 
 d. Optimization through market in 
the absence of state control. 
 Codes : 
 (A) a and b (B) a, b, c 
 (C) b and d (D) a, b, d 
 
13. Concepts of displacement and 
concentration effect in public 
expenditure are attributed to 
 a. A.C. Pigou and J.K. Mehta 
 b. Alan T. Peacock and Jack 
Wiseman 
 c. Kenneth Arrow and Paul A. 
Samuelson 
 d. A.R. Prest and I.M.D. Little 
 Codes : 
 (A) a and b (B) b 
 (C) a, b, c (D) a, b, c, d 
14. Human Development Index (HDI) is 
constructed with reference to 
 a. Life expectancy at birth, real 
GDP per capita, gross 
enrolment ratio, adult literacy 
rate. 
 b. Life expectancy at birth, real 
GDP per capita, combined 
gross enrolment ratio, adult 
literacy rate. 
 c. Life expectancy, GDP per 
capita, infant mortality rate, 
literacy rate. 
 d. GDP per capita, infant 
mortality rate, literacy rate 
 Codes : 
 (A) a and b (B) a and c 
 (C) c (D) a, b, d 
 
15. The unbalanced growth model was 
propounded first by 
 a. Albert O. Hirschman 
 b. H.S. Singer and Raul Prebisch 
 c. Kindelberger and Ragnar 
Nurkse 
 d. W.W. Rostow and Paul 
Streeten 
 Codes : 
 (A) a and b (B) a and c 
 (C) a and d (D) a 
 
16. Harrod-Domar model of growth is 
based on the concepts of and their 
equality 
 a. Population and productivity 
growth. 
 b. Investment and average growth 
rate of income. 
 c. Actual, warranted and natural 
growth rate. 
 d. Productivity growth and 
investment growth. 
 Codes : 
 (A) a and c (B) a and d 
 (C) c (D) a, b, c 
 D-01-12 5  Paper-II 
 ¯ÖÏ¿®Ö ÃÖÓܵÖÖ 11-20 : ¯ÖÏ¿®ÖÖë ÛúÖê ¯ÖלÌüµÖê †Öî¸ü ®Öß“Öê 
פüµÖê Ûæú™üÖë ÃÖê ÃÖÆüß ˆ¢Ö¸ü ÛúÖ “ÖµÖ®Ö ÛúßוֵÖê : 
 
11. ÁÖ´Ö ´Öæ»µÖ ×ÃÖ¨üÖÓŸÖ ×®Ö´®Ö×»Ö×ÜÖŸÖ ®Öê ¯ÖÏן֯ÖÖפüŸÖ 
×ÛúµÖÖ £ÖÖ : 
 a. ‹›ü´Ö ×Ã´Ö£Ö 
 b. ›êü×¾Ö›ü ׸üÛúÖ›üÖì 
 c. ¸êüÝÖ®Ö¸ü ®ÖŒÃÖì, ÝÖã®®Ö¸ü ×´Ö›üÖÔ»Ö, †Ö¸ü.‹´Ö.ÃÖÖê»ÖÖê 
 d. ±úßú-¸üÖ®Öß, ¸êüÝÖ®Ö¸ü ®ÖŒÃÖì 
 Ûæú™ü : 
 (A) a †Öî¸ü b (B) a †Öî¸ü c 
 (C) a, b, c (D) a, b, c, d 
 
12. Œ»ÖÖ×ÃÖÛúß ¾µÖ¾ÖãÖÖ Ûúß ×¾Ö¿ÖêÂÖŸÖÖ‹Ñ Æïü : 
 a. ˆŸ¯ÖÖ¤ü®Ö ŸÖ£ÖÖ ¸üÖê•ÖÝÖÖ¸ü ÛúÖê ´ÖÖîצüÛú ÛúÖ¸üÛú 
×®Ö¬ÖÖÔ׸üŸÖ Ûú¸üŸÖê Æïü … 
 b. †£ÖÔ¾µÖ¾ÖãÖÖ ÛúÖ Ã¾Ö-ÃÖ´ÖÖµÖÖê•Ö®Ö ŸÖ®¡Ö  
 c. ¯ÖÏŸµÖõÖ ×¾ÖÛúÖÃÖ Ûêú ×»ÖµÖê ¸üÖ•ÖÛúßµÖ ÛúÖ¸Ôü¾ÖÖ‡Ô 
 d. ¸üÖ•ÖÛúßµÖ ×®ÖµÖ®¡ÖÞÖ Ûúß †®Öã¯Ö×ãÖ×ŸÖ ´Öë 
²ÖÖ•ÖÖ¸ü Ûêú ´ÖÖ¬µÖ´Ö ÃÖê ‡Â™üŸÖ´ÖßÛú¸üÞÖ 
 Ûæú™ü : 
 (A) a †Öî¸ü b (B) a, b, c 
 (C) b †Öî¸ü d (D) a, b, d 
 
13. »ÖÖêÛú ¾µÖµÖ ´Öë ×¾ÖãÖÖ¯Ö®Ö ŸÖ£ÖÖ ÃÖÛêú®¦üÞÖ ¯ÖϳÖÖ¾Ö Ûúß 
†¾Ö¬ÖÖ¸üÞÖÖ†Öë ÛúÖ ÁÖêµÖ ×ÛúÃÖÛúÖê פüµÖÖ •ÖÖŸÖÖ Æîü ? 
 a. ‹.ÃÖß. ¯ÖßÝÖæ ŸÖ£ÖÖ •Öê.Ûêú. ´ÖêÆüŸÖÖ 
 b. †»Öê®Ö ™üß. ¯ÖßÛúÖòÛú ‹¾ÖÓ •ÖîÛú ¾ÖÖ‡•ÖÌ´Öî®Ö 
 c. Ûîú®Öê£Ö ‹¸üÖê ‹¾ÖÓ ¯ÖÖò»Ö ‹. ÃÖî´µÖã»ÖÃÖ®Ö 
 d. ‹.†Ö¸ü. ¯ÖÏêÙü ‹¾ÖÓ †Ö‡Ô.‹´Ö.›üß. ×»Ö™Ëü™ü»Ö 
 Ûæú™ü : 
 (A) a †Öî¸ü b 
 (B) b 
 (C) a, b,ü c 
 (D) a, b, c,ü d 
14. ´ÖÖ®Ö¾Ö ×¾ÖÛúÖÃÖ ÃÖæ“ÖÛú (‹“Ö›ü߆ևÔ) ÛúÖ ×®Ö´ÖÖÔÞÖ ×ÛúÃÖ 
ÃÖÓ¤ü³ÖÔ ´Öë ×ÛúµÖÖ •ÖÖŸÖÖ Æîü ? 
 a. •Ö®´Ö Ûêú ÃÖ´ÖµÖ †ÖµÖã ÃÖÓ³ÖÖ×¾ÖŸÖÖ, ¾ÖÖßÖ×¾ÖÛú 
•Öß.›üß.¯Öß. ¯ÖÏ×ŸÖ ¾µÖ׌ŸÖ, Ûãú»Ö ¯ÖϾÖê¿Ö †®Öã¯ÖÖŸÖü, 
¯ÖÏÖîœÌü ÃÖÖõÖ¸üŸÖÖ ¤ü¸ü 
 b. •Ö®´Ö Ûêú ÃÖ´ÖµÖ †ÖµÖã ÃÖÓ³ÖÖ×¾ÖŸÖÖ, ¾ÖÖßÖ×¾ÖÛú 
•Öß.›üß.¯Öß ¯ÖÏ×ŸÖ ¾µÖ׌ŸÖ, ÃÖÓµÖãŒŸÖ Ûãú»Ö ¯ÖϾÖê¿Ö 
†®Öã¯ÖÖŸÖ, ¯ÖÏÖîœÌü ÃÖÖõÖ¸üŸÖÖ ¤ü¸ü 
 c. †ÖµÖã ÃÖÓ³ÖÖ×¾ÖŸÖÖ, •Öß.›üß.¯Öß. ¯ÖÏ×ŸÖ ¾µÖ׌ŸÖ, 
׿ֿÖã ´Ö韵Öã¤ü¸ü, ÃÖÖõÖ¸üŸÖÖ ¤ü¸ü 
 d. •Öß.›üß.¯Öß. ¯ÖÏ×ŸÖ ¾µÖ׌ŸÖ, ׿ֿÖã ´Ö韵Öã¤ü¸ü, 
ÃÖÖõÖ¸üŸÖÖ ¤ü¸ 
 Ûæú™ü : 
 (A) a †Öî¸ü b (B) a †Öî¸ü c 
 (C) c (D) a, b, d 
 
15. †ÃÖ®ŸÖã×»ÖŸÖ ×¾ÖÛúÖÃÖ ´ÖÖò›ü»Ö ÃÖ¾ÖÔ¯ÖÏ£Ö´Ö ×ÛúÃÖ®Öê 
¯ÖÏן֯ÖÖפüŸÖ ×ÛúµÖÖ £ÖÖ ? 
 a. †»Ö²Ö™Ôü †Öê. ÆüÂÖÔ´Öî®Ö 
 b. ‹“Ö.‹ÃÖ. ØÃÖÝÖ¸ü †Öî¸ü ¸üÖò»Ö ¯ÖÏê×²Ö¿Ö 
 c. ØÛú›ü»Ö²ÖÝÖÔ¸ü ŸÖ£ÖÖ ¸êüÝÖ®Ö¸ü ®ÖŒÃÖì 
 d. ›ü²»µÖæ.›ü²»µÖæ. ¸üÖêÙüÖê ‹¾ÖÓ ¯ÖÖò»Ö ÙÒüß™ü®Ö 
 Ûæú™ü : 
 (A) a †Öî¸ü b (B) a †Öî¸ü c 
 (C) a †Öî¸ü d (D) a 
 
16. ÃÖÓ¾Öéרü ÛúÖ Æîü¸üÖê›ü-›üÖê´Ö¸ü ´ÖÖò›ü»Ö †¾Ö¬ÖÖ¸üÞÖÖ†Öë ŸÖ£ÖÖ 
ˆ®ÖÛúß ÃÖ´ÖÖ®ÖŸÖÖ ¯Ö¸ü †Ö¬ÖÖ׸üŸÖ Æîü : 
 a. •Ö®ÖÃÖÓܵÖÖ ŸÖ£ÖÖ ˆŸ¯ÖÖ¤üÛúŸÖÖ ×¾ÖÛúÖÃÖ 
 b. ×®Ö¾Öê¿Ö ŸÖ£ÖÖ †ÖµÖ Ûúß †ÖîÃÖŸÖ ¾Öéרü ¤ü¸ü 
 c. ¾ÖÖßÖ×¾ÖÛú, †×³Ö™ü ŸÖ£ÖÖ ¯ÖÏÖÛéúןÖÛú ×¾ÖÛúÖÃÖ ¤ü¸ü 
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 Ûæú™ü : 
 (A) a †Öî¸ü c (B) a †Öî¸ü d 
 (C) c (D) a, b,ü c