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 Page 1


     
 58/2/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 Series BVM/2 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 15 printed pages. 
? Code number given on the right hand side of the question paper should be 
written on the title page of the answer-book by the candidate. 
? Please check that this question paper contains 24 questions. 
? Please write down the Serial Number of the question before 
attempting it. 
? 15 minute time has been allotted to read this question paper. The question 
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the 
students will read the question paper only and will not write any answer on 
the answer-book during this period. 
SET-1 
58/2/1
 
Page 2


     
 58/2/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 Series BVM/2 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 15 printed pages. 
? Code number given on the right hand side of the question paper should be 
written on the title page of the answer-book by the candidate. 
? Please check that this question paper contains 24 questions. 
? Please write down the Serial Number of the question before 
attempting it. 
? 15 minute time has been allotted to read this question paper. The question 
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the 
students will read the question paper only and will not write any answer on 
the answer-book during this period. 
SET-1 
58/2/1
 
     
 58/2/1 2 
 
gm_mÝ` {ZX}e : 
(i) XmoZm| IÊS>m| Ho$ g^r àíZ A{Zdm`© h¢ & 
(ii) àË`oH$ àíZ Ho$ {ZYm©[aV A§H$ CgHo$ gm_Zo {XE JE h¢ & 
(iii) àíZ g§»`m 1 – 4 VWm 13 – 16 A{V bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ H$m 1 A§H$ h¡ & 
BZH$m àË`oH$ H$m CÎma EH$ dmŠ` _| hr Ano{jV h¡ &   
(iv) àíZ g§»`m 5 – 6 Am¡a 17 – 18 bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 3 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 60 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(v) àíZ g§»`m 7 – 9 Am¡a 19 – 21 ^r bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 4 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 70 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vi) àíZ g§»`m  10 – 12  Am¡a  22 – 24 XrK© CÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 6 A§H$ 
h¢ & àË`oH$ H$m CÎma gm_mÝ`V… 100 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vii) CÎma g§{jßV VWm VÏ`mË_H$ hmoZo Mm{hE VWm `Wmg§^d D$na Xr JB© eãX gr_m Ho$ A§VJ©V 
hr {XE OmZo Mm{hE & 
 
General Instructions : 
(i) All questions in both the sections are compulsory. 
(ii) Marks for questions are indicated against each question. 
(iii) Question Nos. 1 – 4 and 13 – 16 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Question Nos.  5 – 6  and  17 – 18  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Question Nos. 7 – 9 and 19 – 21 are also short-answer questions carrying 
4 marks each.  Answers  to  them  should  normally  not  exceed 70 words 
each.  
(vi) Question  Nos.  10 – 12 and 22 – 24  are  long-answer  questions  
carrying 6 marks each. Answers to them should normally not exceed  
100 words each. 
(vii) Answers should be brief and to the point and the above word limits 
should be adhered to as far as possible. 
Page 3


     
 58/2/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 Series BVM/2 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 15 printed pages. 
? Code number given on the right hand side of the question paper should be 
written on the title page of the answer-book by the candidate. 
? Please check that this question paper contains 24 questions. 
? Please write down the Serial Number of the question before 
attempting it. 
? 15 minute time has been allotted to read this question paper. The question 
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the 
students will read the question paper only and will not write any answer on 
the answer-book during this period. 
SET-1 
58/2/1
 
     
 58/2/1 2 
 
gm_mÝ` {ZX}e : 
(i) XmoZm| IÊS>m| Ho$ g^r àíZ A{Zdm`© h¢ & 
(ii) àË`oH$ àíZ Ho$ {ZYm©[aV A§H$ CgHo$ gm_Zo {XE JE h¢ & 
(iii) àíZ g§»`m 1 – 4 VWm 13 – 16 A{V bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ H$m 1 A§H$ h¡ & 
BZH$m àË`oH$ H$m CÎma EH$ dmŠ` _| hr Ano{jV h¡ &   
(iv) àíZ g§»`m 5 – 6 Am¡a 17 – 18 bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 3 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 60 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(v) àíZ g§»`m 7 – 9 Am¡a 19 – 21 ^r bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 4 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 70 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vi) àíZ g§»`m  10 – 12  Am¡a  22 – 24 XrK© CÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 6 A§H$ 
h¢ & àË`oH$ H$m CÎma gm_mÝ`V… 100 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vii) CÎma g§{jßV VWm VÏ`mË_H$ hmoZo Mm{hE VWm `Wmg§^d D$na Xr JB© eãX gr_m Ho$ A§VJ©V 
hr {XE OmZo Mm{hE & 
 
General Instructions : 
(i) All questions in both the sections are compulsory. 
(ii) Marks for questions are indicated against each question. 
(iii) Question Nos. 1 – 4 and 13 – 16 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Question Nos.  5 – 6  and  17 – 18  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Question Nos. 7 – 9 and 19 – 21 are also short-answer questions carrying 
4 marks each.  Answers  to  them  should  normally  not  exceed 70 words 
each.  
(vi) Question  Nos.  10 – 12 and 22 – 24  are  long-answer  questions  
carrying 6 marks each. Answers to them should normally not exceed  
100 words each. 
(vii) Answers should be brief and to the point and the above word limits 
should be adhered to as far as possible. 
     
 58/2/1 3 P.T.O. 
IÊS> A 
(ì`{îQ> AW©emñÌ) 
SECTION A 
(MICROECONOMICS) 
1. 20 BH$mB¶m± {dH«$¶ H$aZo na Hw$b g§àm{ßV < 700 A{O©V hmoVr h¡ & 21dt BH$mB© H$mo {dH«$¶ 
H$aZo go < 70 H$s gr‘m§V g§àm{ßV A{O©V hmoVr h¡ & Hw$b 21 BH$mB¶m± {dH«$¶ H$aZo na 
A{O©V Hw$b g§àm{ßV H$m ‘yë¶ _________ hmoJm & (ghr {dH$ën H$m M`Z H$s{OE) 1 
(H$) < 721 (I) < 630 
(J) < 770 (K) < 720 
The Total Revenue earned by selling 20 units is < 700. Marginal 
Revenue earned by selling 21
st
 unit is < 70 . The value of Total Revenue 
earned by selling total 21 units will be ____________. (Choose the correct 
alternative) 
(a) < 721 (b) < 630 
(c) < 770 (d) < 720 
2. {XE JE {MÌ ‘| dñVw X VWm dñVw Y Ho$ {bE, X
1
Y
1
 VWm X
2
Y
2
 H«$‘e:, Xmo {d{^Þ 
gԦmd{Y T
1
 VWm T
2
 ‘|, CËnmXZ g§^mdZm dH«$ h¢ & XmoZm| g_` Ad{Y`m| _| A
1
 Am¡a A
2
 
dmñV{dH$ CËnmXZ VWm P
1
 Am¡a P
2
 g§^m{dV CËnmXZ H$mo H«$_e: àX{e©V H$aVo h¢ &  
 
 dñVwAm| X Am¡a Y Ho$ dmñV{dH$ CËnmXZ ‘|, XmoZm| g‘¶ Ad{Y¶m| ‘|, n[adV©Z _________ 
{IgH$md Ûmam àX{e©V hmoJm & ([aº$ ñWmZ H$s ny{V© H$s{OE) 1 
(H$) A
2
 go P
2 
(I) A
1
 go P
2
 
(J) P
1
 go A
2 
(K) A
1
 go A
2
 
AWdm 
Page 4


     
 58/2/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 Series BVM/2 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 15 printed pages. 
? Code number given on the right hand side of the question paper should be 
written on the title page of the answer-book by the candidate. 
? Please check that this question paper contains 24 questions. 
? Please write down the Serial Number of the question before 
attempting it. 
? 15 minute time has been allotted to read this question paper. The question 
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the 
students will read the question paper only and will not write any answer on 
the answer-book during this period. 
SET-1 
58/2/1
 
     
 58/2/1 2 
 
gm_mÝ` {ZX}e : 
(i) XmoZm| IÊS>m| Ho$ g^r àíZ A{Zdm`© h¢ & 
(ii) àË`oH$ àíZ Ho$ {ZYm©[aV A§H$ CgHo$ gm_Zo {XE JE h¢ & 
(iii) àíZ g§»`m 1 – 4 VWm 13 – 16 A{V bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ H$m 1 A§H$ h¡ & 
BZH$m àË`oH$ H$m CÎma EH$ dmŠ` _| hr Ano{jV h¡ &   
(iv) àíZ g§»`m 5 – 6 Am¡a 17 – 18 bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 3 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 60 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(v) àíZ g§»`m 7 – 9 Am¡a 19 – 21 ^r bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 4 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 70 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vi) àíZ g§»`m  10 – 12  Am¡a  22 – 24 XrK© CÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 6 A§H$ 
h¢ & àË`oH$ H$m CÎma gm_mÝ`V… 100 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vii) CÎma g§{jßV VWm VÏ`mË_H$ hmoZo Mm{hE VWm `Wmg§^d D$na Xr JB© eãX gr_m Ho$ A§VJ©V 
hr {XE OmZo Mm{hE & 
 
General Instructions : 
(i) All questions in both the sections are compulsory. 
(ii) Marks for questions are indicated against each question. 
(iii) Question Nos. 1 – 4 and 13 – 16 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Question Nos.  5 – 6  and  17 – 18  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Question Nos. 7 – 9 and 19 – 21 are also short-answer questions carrying 
4 marks each.  Answers  to  them  should  normally  not  exceed 70 words 
each.  
(vi) Question  Nos.  10 – 12 and 22 – 24  are  long-answer  questions  
carrying 6 marks each. Answers to them should normally not exceed  
100 words each. 
(vii) Answers should be brief and to the point and the above word limits 
should be adhered to as far as possible. 
     
 58/2/1 3 P.T.O. 
IÊS> A 
(ì`{îQ> AW©emñÌ) 
SECTION A 
(MICROECONOMICS) 
1. 20 BH$mB¶m± {dH«$¶ H$aZo na Hw$b g§àm{ßV < 700 A{O©V hmoVr h¡ & 21dt BH$mB© H$mo {dH«$¶ 
H$aZo go < 70 H$s gr‘m§V g§àm{ßV A{O©V hmoVr h¡ & Hw$b 21 BH$mB¶m± {dH«$¶ H$aZo na 
A{O©V Hw$b g§àm{ßV H$m ‘yë¶ _________ hmoJm & (ghr {dH$ën H$m M`Z H$s{OE) 1 
(H$) < 721 (I) < 630 
(J) < 770 (K) < 720 
The Total Revenue earned by selling 20 units is < 700. Marginal 
Revenue earned by selling 21
st
 unit is < 70 . The value of Total Revenue 
earned by selling total 21 units will be ____________. (Choose the correct 
alternative) 
(a) < 721 (b) < 630 
(c) < 770 (d) < 720 
2. {XE JE {MÌ ‘| dñVw X VWm dñVw Y Ho$ {bE, X
1
Y
1
 VWm X
2
Y
2
 H«$‘e:, Xmo {d{^Þ 
gԦmd{Y T
1
 VWm T
2
 ‘|, CËnmXZ g§^mdZm dH«$ h¢ & XmoZm| g_` Ad{Y`m| _| A
1
 Am¡a A
2
 
dmñV{dH$ CËnmXZ VWm P
1
 Am¡a P
2
 g§^m{dV CËnmXZ H$mo H«$_e: àX{e©V H$aVo h¢ &  
 
 dñVwAm| X Am¡a Y Ho$ dmñV{dH$ CËnmXZ ‘|, XmoZm| g‘¶ Ad{Y¶m| ‘|, n[adV©Z _________ 
{IgH$md Ûmam àX{e©V hmoJm & ([aº$ ñWmZ H$s ny{V© H$s{OE) 1 
(H$) A
2
 go P
2 
(I) A
1
 go P
2
 
(J) P
1
 go A
2 
(K) A
1
 go A
2
 
AWdm 
     
 58/2/1 4 
 n[adV©Z H$s gr‘m§V Xa (MRT) pñWa h¡ & Eogr pñW{V ‘| ~ZZo dmbm CËnmXZ g§^mdZm dH«$ 
‘yb-q~Xþ _________ hmoJm & ([aº$ ñWmZ H$s ny{V© H$s{OE)  1 
 
In the given figure X
1
Y
1
 and X
2
Y
2
 are Production Possibility Curves in 
two different periods T
1
 and T
2
 respectively for Good X and Good Y.  
A
1
 and A
2
 represent actual outputs and P
1
 and P
2
 represent potential 
outputs respectively in the two time periods.   
 
The change in actual output of Goods X and Y over the two periods 
would be represented by movement from _________ . (Fill up the blank) 
(a) A
2
 to P
2 
(b) A
1
 to P
2
 
(c) P
1
 to A
2 
(d) A
1
 to A
2 
 
OR 
 
The Marginal Rate of Transformation (MRT) is constant. The Production 
Possibility Curve, so formed, would be __________________ to the origin. 
                                                                                 (Fill up the blank) 
Page 5


     
 58/2/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 Series BVM/2 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 15 printed pages. 
? Code number given on the right hand side of the question paper should be 
written on the title page of the answer-book by the candidate. 
? Please check that this question paper contains 24 questions. 
? Please write down the Serial Number of the question before 
attempting it. 
? 15 minute time has been allotted to read this question paper. The question 
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the 
students will read the question paper only and will not write any answer on 
the answer-book during this period. 
SET-1 
58/2/1
 
     
 58/2/1 2 
 
gm_mÝ` {ZX}e : 
(i) XmoZm| IÊS>m| Ho$ g^r àíZ A{Zdm`© h¢ & 
(ii) àË`oH$ àíZ Ho$ {ZYm©[aV A§H$ CgHo$ gm_Zo {XE JE h¢ & 
(iii) àíZ g§»`m 1 – 4 VWm 13 – 16 A{V bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ H$m 1 A§H$ h¡ & 
BZH$m àË`oH$ H$m CÎma EH$ dmŠ` _| hr Ano{jV h¡ &   
(iv) àíZ g§»`m 5 – 6 Am¡a 17 – 18 bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 3 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 60 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(v) àíZ g§»`m 7 – 9 Am¡a 19 – 21 ^r bKyÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 4 A§H$ h¢ & 
àË`oH$ H$m CÎma gm_mÝ`V… 70 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vi) àíZ g§»`m  10 – 12  Am¡a  22 – 24 XrK© CÎmamË_H$ àíZ h¢, {OZ_| àË`oH$ Ho$ 6 A§H$ 
h¢ & àË`oH$ H$m CÎma gm_mÝ`V… 100 eãXm| go A{YH$ Zht hmoZm Mm{hE & 
(vii) CÎma g§{jßV VWm VÏ`mË_H$ hmoZo Mm{hE VWm `Wmg§^d D$na Xr JB© eãX gr_m Ho$ A§VJ©V 
hr {XE OmZo Mm{hE & 
 
General Instructions : 
(i) All questions in both the sections are compulsory. 
(ii) Marks for questions are indicated against each question. 
(iii) Question Nos. 1 – 4 and 13 – 16 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Question Nos.  5 – 6  and  17 – 18  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Question Nos. 7 – 9 and 19 – 21 are also short-answer questions carrying 
4 marks each.  Answers  to  them  should  normally  not  exceed 70 words 
each.  
(vi) Question  Nos.  10 – 12 and 22 – 24  are  long-answer  questions  
carrying 6 marks each. Answers to them should normally not exceed  
100 words each. 
(vii) Answers should be brief and to the point and the above word limits 
should be adhered to as far as possible. 
     
 58/2/1 3 P.T.O. 
IÊS> A 
(ì`{îQ> AW©emñÌ) 
SECTION A 
(MICROECONOMICS) 
1. 20 BH$mB¶m± {dH«$¶ H$aZo na Hw$b g§àm{ßV < 700 A{O©V hmoVr h¡ & 21dt BH$mB© H$mo {dH«$¶ 
H$aZo go < 70 H$s gr‘m§V g§àm{ßV A{O©V hmoVr h¡ & Hw$b 21 BH$mB¶m± {dH«$¶ H$aZo na 
A{O©V Hw$b g§àm{ßV H$m ‘yë¶ _________ hmoJm & (ghr {dH$ën H$m M`Z H$s{OE) 1 
(H$) < 721 (I) < 630 
(J) < 770 (K) < 720 
The Total Revenue earned by selling 20 units is < 700. Marginal 
Revenue earned by selling 21
st
 unit is < 70 . The value of Total Revenue 
earned by selling total 21 units will be ____________. (Choose the correct 
alternative) 
(a) < 721 (b) < 630 
(c) < 770 (d) < 720 
2. {XE JE {MÌ ‘| dñVw X VWm dñVw Y Ho$ {bE, X
1
Y
1
 VWm X
2
Y
2
 H«$‘e:, Xmo {d{^Þ 
gԦmd{Y T
1
 VWm T
2
 ‘|, CËnmXZ g§^mdZm dH«$ h¢ & XmoZm| g_` Ad{Y`m| _| A
1
 Am¡a A
2
 
dmñV{dH$ CËnmXZ VWm P
1
 Am¡a P
2
 g§^m{dV CËnmXZ H$mo H«$_e: àX{e©V H$aVo h¢ &  
 
 dñVwAm| X Am¡a Y Ho$ dmñV{dH$ CËnmXZ ‘|, XmoZm| g‘¶ Ad{Y¶m| ‘|, n[adV©Z _________ 
{IgH$md Ûmam àX{e©V hmoJm & ([aº$ ñWmZ H$s ny{V© H$s{OE) 1 
(H$) A
2
 go P
2 
(I) A
1
 go P
2
 
(J) P
1
 go A
2 
(K) A
1
 go A
2
 
AWdm 
     
 58/2/1 4 
 n[adV©Z H$s gr‘m§V Xa (MRT) pñWa h¡ & Eogr pñW{V ‘| ~ZZo dmbm CËnmXZ g§^mdZm dH«$ 
‘yb-q~Xþ _________ hmoJm & ([aº$ ñWmZ H$s ny{V© H$s{OE)  1 
 
In the given figure X
1
Y
1
 and X
2
Y
2
 are Production Possibility Curves in 
two different periods T
1
 and T
2
 respectively for Good X and Good Y.  
A
1
 and A
2
 represent actual outputs and P
1
 and P
2
 represent potential 
outputs respectively in the two time periods.   
 
The change in actual output of Goods X and Y over the two periods 
would be represented by movement from _________ . (Fill up the blank) 
(a) A
2
 to P
2 
(b) A
1
 to P
2
 
(c) P
1
 to A
2 
(d) A
1
 to A
2 
 
OR 
 
The Marginal Rate of Transformation (MRT) is constant. The Production 
Possibility Curve, so formed, would be __________________ to the origin. 
                                                                                 (Fill up the blank) 
     
 58/2/1 5 P.T.O. 
3. AnyU© à{V¶mo{JVm Ho$ A§VJ©V, Am¡gV g§àm{ßV (AR), gr‘m§V g§àm{ßV (MR)  _________ 
hmoVr h¡ & ([aº$ ñWmZ H$s ny{V© H$s{OE) 1 
AWdm 
 ‘‘g§VwbZ _| EH$ \$_© Ho$ {bE gr_m§V g§àm{ßV (MR) VWm gr_m§V bmJV (MC) 
__________ hmoZr Mm{hE VWm Cg CËnmXZ ñVa Ho$ ~mX gr_m§V bmJV __________ hmoZr 
Mm{hE &’’ ([aº$ ñWmZ H$s ny{V© H$s{OE)  1 
Under imperfect competition, Average Revenue (AR) remains _________ 
Marginal Revenue (MR). (Fill up the blank)  
OR 
‘‘For a firm to be in equilibrium, Marginal Revenue (MR) and Marginal 
Cost (MC) must be _________ and beyond that level of output Marginal 
Cost must be _________.’’ (Fill up the blank) 
 
4. ¶{X ny{V© dH«$ D$Üdm©Ya Aj (Y-Aj) Ho$ g‘m§Va EH$ grYr aoIm h¡, Vmo dñVw H$s ny{V© 
_________ H$hbmVr h¡ & ([aº$ ñWmZ H$s ny{V© H$s{OE) 1 
(H$) BH$mB© Ho$ ~am~a bmoMXma ny{V© 
(I) nyU©V: bmoMXma ny{V© 
(J) nyU©V: ~obmoMXma ny{V© 
(K) nyU©V: bmoMXma ‘m±J 
If the supply curve is a straight line parallel to the vertical axis (Y-axis), 
supply of the good is called as _________. (Fill up the blank) 
(a) Unitary Elastic Supply 
(b) Perfectly Elastic Supply 
(c) Perfectly Inelastic Supply 
(d) Perfectly Elastic Demand 
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