CBSE Class 12 Economics: Question Paper for 2015 (Term-II) | Toppers Answer Sheets for Class 12 PDF Download

 Page 1


58/2 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 SSO 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 100 
Time allowed : 3 hours Maximum Marks : 100 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 12 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 _| >29 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 12 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 29 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-2 
58/2
 
Page 2


58/2 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 SSO 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 100 
Time allowed : 3 hours Maximum Marks : 100 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 12 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 _| >29 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 12 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 29 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-2 
58/2
 
58/2 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 – 3 VWm 15 – 19 A{V bKwÎmamË_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 4 – 8 Am¡a 20 – 22 bKwÎmamË_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 9 – 10 Am¡a 23 – 25 ^r bKwÎmamË_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  11 – 14  Am¡a  26 – 29 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) Questions No. 1 – 3 and 15 – 19 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Questions No.  4 – 8  and  20 – 22  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Questions No. 9 – 10 and 23 – 25 are also short-answer questions 
carrying 4 marks each.  Answers  to  them  should  normally  not  exceed 
70 words each.  
(vi) Questions  No.  11 – 14 and 26 – 29  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 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 SSO 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 100 
Time allowed : 3 hours Maximum Marks : 100 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 12 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 _| >29 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 12 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 29 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-2 
58/2
 
58/2 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 – 3 VWm 15 – 19 A{V bKwÎmamË_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 4 – 8 Am¡a 20 – 22 bKwÎmamË_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 9 – 10 Am¡a 23 – 25 ^r bKwÎmamË_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  11 – 14  Am¡a  26 – 29 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) Questions No. 1 – 3 and 15 – 19 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Questions No.  4 – 8  and  20 – 22  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Questions No. 9 – 10 and 23 – 25 are also short-answer questions 
carrying 4 marks each.  Answers  to  them  should  normally  not  exceed 
70 words each.  
(vi) Questions  No.  11 – 14 and 26 – 29  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 3 P.T.O. 
IÊS> A 
SECTION A 
1. `{X gr_m§V à{VñWmnZ Xa {Za§Va ~‹T> ahr hmo, Vmo AZ{Y_mZ dH«$ Eogm hmoJm :  
(ghr {dH$ën Mw{ZE) 1 
(A) ZrMo H$s Amoa T>bdm± CÎmb  
(~) ZrMo H$s Amoa T>bdm± AdVb 
(g) ZrMo H$s Amoa T>bdm± grYr aoIm  
(X) D$na H$s Amoa T>bdm± CÎmb   
If Marginal Rate of Substitution is increasing throughout, the 
Indifference Curve will be : (Choose the correct alternative) 
(a) Downward sloping convex 
(b) Downward sloping concave 
(c) Downward sloping straight line  
(d) Upward sloping convex    
2. ~OQ> aoIm H$s n[a^mfm Xr{OE & 1 
Define budget line.    
3. `{X dñVw X H$s H$s_V {JaZo go, dñVw Y H$s _m±J ~‹T>Vr h¡, Vmo XmoZm| dñVwE± nañna `o h¢ : 
(ghr {dH$ën Mw{ZE) 1 
(A) à{VñWmnr 
(~) nyaH$ 
(g) g§~§{YV Zht 
(X) à{V`moJr  
If due to fall in the price of good X, demand for good Y rises, the two 
goods are : (Choose the correct alternative)  
(a) Substitutes 
(b) Complements 
(c) Not related 
(d) Competitive   
Page 4


58/2 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 SSO 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 100 
Time allowed : 3 hours Maximum Marks : 100 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 12 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 _| >29 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 12 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 29 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-2 
58/2
 
58/2 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 – 3 VWm 15 – 19 A{V bKwÎmamË_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 4 – 8 Am¡a 20 – 22 bKwÎmamË_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 9 – 10 Am¡a 23 – 25 ^r bKwÎmamË_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  11 – 14  Am¡a  26 – 29 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) Questions No. 1 – 3 and 15 – 19 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Questions No.  4 – 8  and  20 – 22  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Questions No. 9 – 10 and 23 – 25 are also short-answer questions 
carrying 4 marks each.  Answers  to  them  should  normally  not  exceed 
70 words each.  
(vi) Questions  No.  11 – 14 and 26 – 29  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 3 P.T.O. 
IÊS> A 
SECTION A 
1. `{X gr_m§V à{VñWmnZ Xa {Za§Va ~‹T> ahr hmo, Vmo AZ{Y_mZ dH«$ Eogm hmoJm :  
(ghr {dH$ën Mw{ZE) 1 
(A) ZrMo H$s Amoa T>bdm± CÎmb  
(~) ZrMo H$s Amoa T>bdm± AdVb 
(g) ZrMo H$s Amoa T>bdm± grYr aoIm  
(X) D$na H$s Amoa T>bdm± CÎmb   
If Marginal Rate of Substitution is increasing throughout, the 
Indifference Curve will be : (Choose the correct alternative) 
(a) Downward sloping convex 
(b) Downward sloping concave 
(c) Downward sloping straight line  
(d) Upward sloping convex    
2. ~OQ> aoIm H$s n[a^mfm Xr{OE & 1 
Define budget line.    
3. `{X dñVw X H$s H$s_V {JaZo go, dñVw Y H$s _m±J ~‹T>Vr h¡, Vmo XmoZm| dñVwE± nañna `o h¢ : 
(ghr {dH$ën Mw{ZE) 1 
(A) à{VñWmnr 
(~) nyaH$ 
(g) g§~§{YV Zht 
(X) à{V`moJr  
If due to fall in the price of good X, demand for good Y rises, the two 
goods are : (Choose the correct alternative)  
(a) Substitutes 
(b) Complements 
(c) Not related 
(d) Competitive   
58/2 4 
4. ny{V© H$s H$s_V bmoM Ho$ _mn Ho$ gmW Ow‹S>o ‘YZ-{M•’ (plus sign) H$s VwbZm _o§ EH$ 
gm_mÝ` dñVw H$s _m±J H$s H$s_V bmoM Ho$ _mn Ho$ gmW Ow‹S>o ‘GU-{M•’ (minus sign) H$m 
_hÎd g_PmBE & 3 
Explain the significance of ‘minus sign’ attached to the measure of price 
elasticity of demand in case of a normal good, as compared to the ‘plus 
sign’ attached to the measure of price elasticity of supply.  
5. H$maU ~VmVo hþE {ZåZ{b{IV Vm{bH$m na AmYm[aV CËnmXZ g§^mdZm dH«$ Ho$ AmH$ma na 
{Q>ßnUr H$s{OE : 3 
  
dñVw X (BH$mB©) dñVw Y (BH$mB©) 
0 16 
1 12 
2 8 
3 4 
4 0 
Giving reason comment on the shape of Production Possibilities Curve 
based on the following schedule :  
  
Good X (units) Good Y (units) 
0 16 
1 12 
2 8 
3 4 
4 0 
6. ^maV Ho$ àYmZ _§Ìr H$s {dXoer {ZdoeH$m| H$mo ‘‘^maV _| ~ZmBE’’ (Make in India) H$s 
Anrb H$m ^maV Ho$ CËnmXZ g§^mdZm dH«$ na Š`m à^md n‹S>Zo H$s g§^mdZm h¡ ? 
g_PmBE &  
 AWdm  
 ~oamoµOJmar Xÿa H$aZo Ho$ à`ËZm| H$m AW©ì`dñWm H$s CËnmXZ j_Vm na Š`m à^md n‹S>Zo H$s 
g§^mdZm h¡ ? g_PmBE & 3 
Page 5


58/2 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 SSO 
 H$moS> Z§.  
   
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
AW©emñÌ 
ECONOMICS 
 
{ZYm©[aV g_` : 3 KÊQ>o   A{YH$V_ A§H$ : 100 
Time allowed : 3 hours Maximum Marks : 100 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 12 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 _| >29 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 12 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 29 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-2 
58/2
 
58/2 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 – 3 VWm 15 – 19 A{V bKwÎmamË_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 4 – 8 Am¡a 20 – 22 bKwÎmamË_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 9 – 10 Am¡a 23 – 25 ^r bKwÎmamË_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  11 – 14  Am¡a  26 – 29 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) Questions No. 1 – 3 and 15 – 19 are very short-answer questions carrying 
1 mark each. They are required to be answered in one sentence each. 
(iv) Questions No.  4 – 8  and  20 – 22  are  short-answer questions carrying  
3 marks each. Answers to them should normally not exceed 60 words 
each. 
(v) Questions No. 9 – 10 and 23 – 25 are also short-answer questions 
carrying 4 marks each.  Answers  to  them  should  normally  not  exceed 
70 words each.  
(vi) Questions  No.  11 – 14 and 26 – 29  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 3 P.T.O. 
IÊS> A 
SECTION A 
1. `{X gr_m§V à{VñWmnZ Xa {Za§Va ~‹T> ahr hmo, Vmo AZ{Y_mZ dH«$ Eogm hmoJm :  
(ghr {dH$ën Mw{ZE) 1 
(A) ZrMo H$s Amoa T>bdm± CÎmb  
(~) ZrMo H$s Amoa T>bdm± AdVb 
(g) ZrMo H$s Amoa T>bdm± grYr aoIm  
(X) D$na H$s Amoa T>bdm± CÎmb   
If Marginal Rate of Substitution is increasing throughout, the 
Indifference Curve will be : (Choose the correct alternative) 
(a) Downward sloping convex 
(b) Downward sloping concave 
(c) Downward sloping straight line  
(d) Upward sloping convex    
2. ~OQ> aoIm H$s n[a^mfm Xr{OE & 1 
Define budget line.    
3. `{X dñVw X H$s H$s_V {JaZo go, dñVw Y H$s _m±J ~‹T>Vr h¡, Vmo XmoZm| dñVwE± nañna `o h¢ : 
(ghr {dH$ën Mw{ZE) 1 
(A) à{VñWmnr 
(~) nyaH$ 
(g) g§~§{YV Zht 
(X) à{V`moJr  
If due to fall in the price of good X, demand for good Y rises, the two 
goods are : (Choose the correct alternative)  
(a) Substitutes 
(b) Complements 
(c) Not related 
(d) Competitive   
58/2 4 
4. ny{V© H$s H$s_V bmoM Ho$ _mn Ho$ gmW Ow‹S>o ‘YZ-{M•’ (plus sign) H$s VwbZm _o§ EH$ 
gm_mÝ` dñVw H$s _m±J H$s H$s_V bmoM Ho$ _mn Ho$ gmW Ow‹S>o ‘GU-{M•’ (minus sign) H$m 
_hÎd g_PmBE & 3 
Explain the significance of ‘minus sign’ attached to the measure of price 
elasticity of demand in case of a normal good, as compared to the ‘plus 
sign’ attached to the measure of price elasticity of supply.  
5. H$maU ~VmVo hþE {ZåZ{b{IV Vm{bH$m na AmYm[aV CËnmXZ g§^mdZm dH«$ Ho$ AmH$ma na 
{Q>ßnUr H$s{OE : 3 
  
dñVw X (BH$mB©) dñVw Y (BH$mB©) 
0 16 
1 12 
2 8 
3 4 
4 0 
Giving reason comment on the shape of Production Possibilities Curve 
based on the following schedule :  
  
Good X (units) Good Y (units) 
0 16 
1 12 
2 8 
3 4 
4 0 
6. ^maV Ho$ àYmZ _§Ìr H$s {dXoer {ZdoeH$m| H$mo ‘‘^maV _| ~ZmBE’’ (Make in India) H$s 
Anrb H$m ^maV Ho$ CËnmXZ g§^mdZm dH«$ na Š`m à^md n‹S>Zo H$s g§^mdZm h¡ ? 
g_PmBE &  
 AWdm  
 ~oamoµOJmar Xÿa H$aZo Ho$ à`ËZm| H$m AW©ì`dñWm H$s CËnmXZ j_Vm na Š`m à^md n‹S>Zo H$s 
g§^mdZm h¡ ? g_PmBE & 3 
58/2 5 P.T.O. 
What is likely to be the impact of ‘‘Make in India’’ appeal to the foreign 
investors by the Prime Minister of India, on the production possibilities 
frontier of India ? Explain. 
OR 
What is likely to be the impact of efforts towards reducing 
unemployment on the production potential of the economy ? Explain.  
7. ‘Ý`yZV_ H$s_V’ ({ZåZV_ H$s_V {ZYm©aU) Ho$ EH$ dñVw Ho$ ~mµOma na Š`m à^md n‹S>Vo h¢ ? 
aoIm{MÌ H$m à`moJ H$s{OE & 3 
What are the effects of ‘price-floor’ (minimum price ceiling) on the 
market of a good ? Use diagram.  
ZmoQ> : {ZåZ{b{IV àíZ Ho$db Ñ{ï>hrZ narjm{W©`m| Ho$ {bE àíZ g§»`m 7 Ho$ ñWmZ na h¡ & 
Note :  The following question is for the Blind Candidates only in lieu of  
Q. No. 7. 
 EH$ dñVw Ho$ ~mµOma na ‘Ý`yZV_ H$s_V’ ({ZåZV_ H$s_V {ZYm©aU) Ho$ à^md g_PmBE & 3 
Explain the effects of ‘price-floor’ (minimum price ceiling ) on the market 
of a good.  
8. EH$ Aënm{YH$ma ~mµOma _| µJ¡a-H$s_V à{V`mo{JVm H$m VmËn`© g_PmBE & 3 
Explain the implication of non-price competition in an oligopoly market.  
 
9. O¡go-O¡go EH$ dñVw H$s A{YH$m{YH$ BH$mB`m| H$m CËnmXZ {H$`m OmVm h¡ (A) Am¡gV 
AMb bmJV Am¡a (~) Am¡gV n[adVu bmJV H$m Š`m ì`dhma ahVm h¡ ?  
AWdm 
 Am¡gV gåàmpßV (AmJ_) H$s n[a^mfm Xr{OE & à_m{UV H$s{OE {H$ Am¡gV gåàmpßV Am¡a 
H$s_V EH$g_mZ hmoVo h¢ & 4 
What is the behaviour of (a) Average Fixed Cost and (b) Average 
Variable Cost as more and more units of a good are produced ?   
OR 
Define Average Revenue. Show that Average Revenue and Price are 
same.