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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