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 Page 1


    
11-58/1/1  Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
  Series 
R 1 P Q S / 1
 SET~1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
 
 ZmoQ> / NOTE : 
(i) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &    
 Please check that this question paper contains 27 printed pages. 
(ii) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &   
 Please check that this question paper contains 34 questions. 
(iii) 
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| &  
 Q.P. Code given on the right hand side of the question paper should be written 
on the title page of the answer-book by the candidate. 
(iv) 
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí` 
{bI| & 
 Please write down the serial number of the question in the 
answer-book before attempting it.  
(v) 
Bg  àíZ-nÌ  15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &    
 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. 
 AW©emñÌ  
ECONOMICS   
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
5 8 / 1 / 1
 
Page 2


    
11-58/1/1  Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
  Series 
R 1 P Q S / 1
 SET~1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
 
 ZmoQ> / NOTE : 
(i) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &    
 Please check that this question paper contains 27 printed pages. 
(ii) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &   
 Please check that this question paper contains 34 questions. 
(iii) 
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| &  
 Q.P. Code given on the right hand side of the question paper should be written 
on the title page of the answer-book by the candidate. 
(iv) 
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí` 
{bI| & 
 Please write down the serial number of the question in the 
answer-book before attempting it.  
(v) 
Bg  àíZ-nÌ  15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &    
 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. 
 AW©emñÌ  
ECONOMICS   
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
5 8 / 1 / 1
 
    
11-58/1/1 Page 2 
: 
: 
(i) 34 
(ii) :
   
(iii) 20 1
(iv) 4 I 3
60 80 
(v) 6 II 4
80 100 
(vi) 4 6
100 150 
(vii) 
(viii) 
(ix) 
IÊS> H$ 
g_{îQ> AW©emñÌ 
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE :  1 
1  `{X {H$gr AW©ì`dñWm _|, Am` Ho$ ñVa _| d¥{Õ  hmoVr h¡, Vmo `h Cn^moJ 
Ho$ ñVa  _| gX¡d AmZwnm{VH$ ê$n go d¥{Õ H$a XoJr &  
2  gr_m§V Cn^moJ àd¥{Îm (MPC) d gr_m§V ~MV àd¥{Îm (MPS) gX¡d EH$-Xÿgao 
Ho$ ~am~a hmoVr h¢ & 
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :  
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ & 
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ & 
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ & 
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ & 
2. {ZåZ{b{IV _| go ghr g_rH$aU H$s nhMmZ H$s{OE : 1 
(A) GDP
MP   
=   NNP
FC 
+  _yë`õmg 
 
(B) NDP
FC   
=   NNP
FC  
+ ewÕ AàË`j H$a  
(C) GNP
MP  
=   GDP
MP  
+
  
{dXoem| go àmßV ewÕ gmYZ Am`  
(D) NNP
FC   
=   NDP
MP 
+
 
_yë`õmg 
Page 3


    
11-58/1/1  Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
  Series 
R 1 P Q S / 1
 SET~1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
 
 ZmoQ> / NOTE : 
(i) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &    
 Please check that this question paper contains 27 printed pages. 
(ii) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &   
 Please check that this question paper contains 34 questions. 
(iii) 
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| &  
 Q.P. Code given on the right hand side of the question paper should be written 
on the title page of the answer-book by the candidate. 
(iv) 
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí` 
{bI| & 
 Please write down the serial number of the question in the 
answer-book before attempting it.  
(v) 
Bg  àíZ-nÌ  15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &    
 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. 
 AW©emñÌ  
ECONOMICS   
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
5 8 / 1 / 1
 
    
11-58/1/1 Page 2 
: 
: 
(i) 34 
(ii) :
   
(iii) 20 1
(iv) 4 I 3
60 80 
(v) 6 II 4
80 100 
(vi) 4 6
100 150 
(vii) 
(viii) 
(ix) 
IÊS> H$ 
g_{îQ> AW©emñÌ 
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE :  1 
1  `{X {H$gr AW©ì`dñWm _|, Am` Ho$ ñVa _| d¥{Õ  hmoVr h¡, Vmo `h Cn^moJ 
Ho$ ñVa  _| gX¡d AmZwnm{VH$ ê$n go d¥{Õ H$a XoJr &  
2  gr_m§V Cn^moJ àd¥{Îm (MPC) d gr_m§V ~MV àd¥{Îm (MPS) gX¡d EH$-Xÿgao 
Ho$ ~am~a hmoVr h¢ & 
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :  
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ & 
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ & 
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ & 
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ & 
2. {ZåZ{b{IV _| go ghr g_rH$aU H$s nhMmZ H$s{OE : 1 
(A) GDP
MP   
=   NNP
FC 
+  _yë`õmg 
 
(B) NDP
FC   
=   NNP
FC  
+ ewÕ AàË`j H$a  
(C) GNP
MP  
=   GDP
MP  
+
  
{dXoem| go àmßV ewÕ gmYZ Am`  
(D) NNP
FC   
=   NDP
MP 
+
 
_yë`õmg 
    
11-58/1/1  Page 3 P.T.O.   
General Instructions :  
Read the following instructions carefully and follow them :  
(i) This question paper contains 34 questions. All questions are compulsory.  
(ii) This question paper contains two sections : 
 Section A  Macro Economics  
 Section B  Indian Economic Development   
(iii) This question paper contains 20 Multiple Choice type questions. Each question 
carries 1 mark. 
(iv) This question paper contains 4 Short Answer Type-I questions. Each question 
carries 3 marks. Answer these questions in 60 to 80 words.   
(v) This question paper contains 6 Short Answer Type-II questions. Each question 
carries 4 marks. Answer these questions in 80 to 100 words. 
(vi) This question paper contains 4 Long Answer type questions. Each question 
carries 6 marks. Answer these questions in 100 to 150 words. 
(vii) Attempt all parts of a question together. 
(viii) In addition to this, note that a separate question has been provided for Visually 
Impaired candidates in lieu of questions having visual inputs, map etc. Such 
questions are to be attempted by Visually Impaired candidates only. 
(ix) There is no overall choice in the question paper. However, an internal choice 
has been provided in few questions. Only one of the choices in such questions 
has to be attempted. 
SECTION A 
Macro Economics 
1. Read the following statements carefully :  1 
Statement 1  : If in an economy the level of income increases ( Y), it will 
always proportionately increase the level of consumption 
( C).  
Statement 2 : Marginal Propensity to Consume (MPC) and Marginal 
Propensity to Save (MPS) are always equal to each other. 
In the light of the given statements, choose the correct alternative from 
the following :   
(A) Statement 1 is true and Statement 2 is false. 
(B) Statement 1 is false and Statement 2 is true. 
(C) Both Statements 1 and 2 are true. 
(D) Both Statements 1 and 2 are false. 
2. Identify the correct equation from the following : 1 
(A) GDP
MP   
=  NNP
FC   
+  Depreciation  
(B) NDP
FC   
=  NNP
FC   
+  Net Indirect Taxes  
(C) GNP
MP   
=  GDP
MP  
+  Net Factor Income from Abroad  
(D) NNP
FC   
=  NDP
MP   
+  Depreciation   
Page 4


    
11-58/1/1  Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
  Series 
R 1 P Q S / 1
 SET~1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
 
 ZmoQ> / NOTE : 
(i) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &    
 Please check that this question paper contains 27 printed pages. 
(ii) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &   
 Please check that this question paper contains 34 questions. 
(iii) 
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| &  
 Q.P. Code given on the right hand side of the question paper should be written 
on the title page of the answer-book by the candidate. 
(iv) 
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí` 
{bI| & 
 Please write down the serial number of the question in the 
answer-book before attempting it.  
(v) 
Bg  àíZ-nÌ  15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &    
 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. 
 AW©emñÌ  
ECONOMICS   
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
5 8 / 1 / 1
 
    
11-58/1/1 Page 2 
: 
: 
(i) 34 
(ii) :
   
(iii) 20 1
(iv) 4 I 3
60 80 
(v) 6 II 4
80 100 
(vi) 4 6
100 150 
(vii) 
(viii) 
(ix) 
IÊS> H$ 
g_{îQ> AW©emñÌ 
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE :  1 
1  `{X {H$gr AW©ì`dñWm _|, Am` Ho$ ñVa _| d¥{Õ  hmoVr h¡, Vmo `h Cn^moJ 
Ho$ ñVa  _| gX¡d AmZwnm{VH$ ê$n go d¥{Õ H$a XoJr &  
2  gr_m§V Cn^moJ àd¥{Îm (MPC) d gr_m§V ~MV àd¥{Îm (MPS) gX¡d EH$-Xÿgao 
Ho$ ~am~a hmoVr h¢ & 
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :  
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ & 
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ & 
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ & 
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ & 
2. {ZåZ{b{IV _| go ghr g_rH$aU H$s nhMmZ H$s{OE : 1 
(A) GDP
MP   
=   NNP
FC 
+  _yë`õmg 
 
(B) NDP
FC   
=   NNP
FC  
+ ewÕ AàË`j H$a  
(C) GNP
MP  
=   GDP
MP  
+
  
{dXoem| go àmßV ewÕ gmYZ Am`  
(D) NNP
FC   
=   NDP
MP 
+
 
_yë`õmg 
    
11-58/1/1  Page 3 P.T.O.   
General Instructions :  
Read the following instructions carefully and follow them :  
(i) This question paper contains 34 questions. All questions are compulsory.  
(ii) This question paper contains two sections : 
 Section A  Macro Economics  
 Section B  Indian Economic Development   
(iii) This question paper contains 20 Multiple Choice type questions. Each question 
carries 1 mark. 
(iv) This question paper contains 4 Short Answer Type-I questions. Each question 
carries 3 marks. Answer these questions in 60 to 80 words.   
(v) This question paper contains 6 Short Answer Type-II questions. Each question 
carries 4 marks. Answer these questions in 80 to 100 words. 
(vi) This question paper contains 4 Long Answer type questions. Each question 
carries 6 marks. Answer these questions in 100 to 150 words. 
(vii) Attempt all parts of a question together. 
(viii) In addition to this, note that a separate question has been provided for Visually 
Impaired candidates in lieu of questions having visual inputs, map etc. Such 
questions are to be attempted by Visually Impaired candidates only. 
(ix) There is no overall choice in the question paper. However, an internal choice 
has been provided in few questions. Only one of the choices in such questions 
has to be attempted. 
SECTION A 
Macro Economics 
1. Read the following statements carefully :  1 
Statement 1  : If in an economy the level of income increases ( Y), it will 
always proportionately increase the level of consumption 
( C).  
Statement 2 : Marginal Propensity to Consume (MPC) and Marginal 
Propensity to Save (MPS) are always equal to each other. 
In the light of the given statements, choose the correct alternative from 
the following :   
(A) Statement 1 is true and Statement 2 is false. 
(B) Statement 1 is false and Statement 2 is true. 
(C) Both Statements 1 and 2 are true. 
(D) Both Statements 1 and 2 are false. 
2. Identify the correct equation from the following : 1 
(A) GDP
MP   
=  NNP
FC   
+  Depreciation  
(B) NDP
FC   
=  NNP
FC   
+  Net Indirect Taxes  
(C) GNP
MP   
=  GDP
MP  
+  Net Factor Income from Abroad  
(D) NNP
FC   
=  NDP
MP   
+  Depreciation   
    
11-58/1/1 Page 4 
3. - A{^H$WZ (A) Am¡a H$maU (R) & ZrMo {XE JE {dH$ënm| _| 
go ghr {dH$ën Mw{ZE :  1 
(A) : nyU© amoµOJma pñW{V go VmËn`© AZ¡pÀN>H$ ~oamoµOJmar H$s AZwnpñW{V go h¡ & 
(R) : nyU© amoµOJma H$s pñW{V _|, gämr BÀNw>H$ d gj_ ì`{º$`m| H$mo àM{bV 
_µOXÿar Xa na amoµOJma àmá hmoVm h¡ & 
{dH$ën : 
(A) A{^H$WZ (A) Am¡a H$maU (R) XmoZmo§ gË` h¢ Am¡a H$maU (R), A{^H$WZ (A) H$s 
ghr ì`m»`m h¡ & 
(B) A{^H$WZ (A) Am¡a H$maU (R) XmoZmo§ gË` h¢, bo{H$Z H$maU (R), A{^H$WZ (A) H$s 
ghr ì`m»`m  h¡ & 
(C) A{^H$WZ (A)  gË` h¡, bo{H$Z H$maU (R) AgË` h¡ & 
(D) A{^H$WZ (A)  AgË` h¡, bo{H$Z H$maU (R) gË` h¡ & 
4. {XZm§H$ 9 OyZ 2023 (NSE) Ho$ Am± S>m| Ho$ AZwgma, EH$ _mh 
H$s Ad{Y `m{Z, 9 _B© 2023 - 9 OyZ 2023, _| {dXoer g§ñWmJV {ZdoeH$m| (FII) Ûmam  
< 309  
 Cn`w©º$ boZ-XoZ ^maV Ho$ ^wJVmZ g§VwbZ Ho$ ______ ImVo Ho$ ______ nj _| XO© {H$`m 
OmEJm &   ([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(A) Mmby, S>o{~Q> (B) ny±Or, Ho«${S>Q>   
(C) Mmby, H«o${S>Q>  (D) ny±Or, S>o{~Q> 
5. {ZåZ{b{IV _| go _wÐm Amny{V© (M
1
) H$s   {deofVm/{deofVmAm| H$s nhMmZ H$s{OE : 1 
(i) Bgo g_` Ho$ EH$ q~Xþ na _mnm OmVm h¡ & 
(ii) Bg_| gaH$ma Ho$ nmg aIo JE YZ-^§S>ma H$mo gpå_{bV Zht {H$`m OmVm h¡ & 
(iii) `h gX¡d amîQ´> Ho$ Ho$ÝÐr` ~¢H$ Ho$ nmg aIr _wÐm hmoVr h¡ & 
{dH$ën :  
(A) (i) Am¡a (ii) (B) (ii) Am¡a (iii) 
(C) Ho$db (ii) (D) Ho$db (iii) 
6. H$sÝg Ho$ AZwgma Kaoby joÌ Ûmam {H$`m J`m Hw$b Cn^moJ ì`` _________ d __________ 
H$m g§`moOZ h¡ &   ([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(A) ñdm`Îm Cn^moJ, ñdm`Îm {Zdoe 
(B) ñdm`Îm {Zdoe, ào[aV Cn^moJ  
(C) ào[aV {Zdoe, ñdm`Îm {Zdoe 
(D) ñdm`Îm Cn^moJ, ào[aV Cn^moJ  
Page 5


    
11-58/1/1  Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
  Series 
R 1 P Q S / 1
 SET~1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
 
 ZmoQ> / NOTE : 
(i) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &    
 Please check that this question paper contains 27 printed pages. 
(ii) 
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &   
 Please check that this question paper contains 34 questions. 
(iii) 
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| &  
 Q.P. Code given on the right hand side of the question paper should be written 
on the title page of the answer-book by the candidate. 
(iv) 
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí` 
{bI| & 
 Please write down the serial number of the question in the 
answer-book before attempting it.  
(v) 
Bg  àíZ-nÌ  15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &    
 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. 
 AW©emñÌ  
ECONOMICS   
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
5 8 / 1 / 1
 
    
11-58/1/1 Page 2 
: 
: 
(i) 34 
(ii) :
   
(iii) 20 1
(iv) 4 I 3
60 80 
(v) 6 II 4
80 100 
(vi) 4 6
100 150 
(vii) 
(viii) 
(ix) 
IÊS> H$ 
g_{îQ> AW©emñÌ 
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE :  1 
1  `{X {H$gr AW©ì`dñWm _|, Am` Ho$ ñVa _| d¥{Õ  hmoVr h¡, Vmo `h Cn^moJ 
Ho$ ñVa  _| gX¡d AmZwnm{VH$ ê$n go d¥{Õ H$a XoJr &  
2  gr_m§V Cn^moJ àd¥{Îm (MPC) d gr_m§V ~MV àd¥{Îm (MPS) gX¡d EH$-Xÿgao 
Ho$ ~am~a hmoVr h¢ & 
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :  
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ & 
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ & 
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ & 
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ & 
2. {ZåZ{b{IV _| go ghr g_rH$aU H$s nhMmZ H$s{OE : 1 
(A) GDP
MP   
=   NNP
FC 
+  _yë`õmg 
 
(B) NDP
FC   
=   NNP
FC  
+ ewÕ AàË`j H$a  
(C) GNP
MP  
=   GDP
MP  
+
  
{dXoem| go àmßV ewÕ gmYZ Am`  
(D) NNP
FC   
=   NDP
MP 
+
 
_yë`õmg 
    
11-58/1/1  Page 3 P.T.O.   
General Instructions :  
Read the following instructions carefully and follow them :  
(i) This question paper contains 34 questions. All questions are compulsory.  
(ii) This question paper contains two sections : 
 Section A  Macro Economics  
 Section B  Indian Economic Development   
(iii) This question paper contains 20 Multiple Choice type questions. Each question 
carries 1 mark. 
(iv) This question paper contains 4 Short Answer Type-I questions. Each question 
carries 3 marks. Answer these questions in 60 to 80 words.   
(v) This question paper contains 6 Short Answer Type-II questions. Each question 
carries 4 marks. Answer these questions in 80 to 100 words. 
(vi) This question paper contains 4 Long Answer type questions. Each question 
carries 6 marks. Answer these questions in 100 to 150 words. 
(vii) Attempt all parts of a question together. 
(viii) In addition to this, note that a separate question has been provided for Visually 
Impaired candidates in lieu of questions having visual inputs, map etc. Such 
questions are to be attempted by Visually Impaired candidates only. 
(ix) There is no overall choice in the question paper. However, an internal choice 
has been provided in few questions. Only one of the choices in such questions 
has to be attempted. 
SECTION A 
Macro Economics 
1. Read the following statements carefully :  1 
Statement 1  : If in an economy the level of income increases ( Y), it will 
always proportionately increase the level of consumption 
( C).  
Statement 2 : Marginal Propensity to Consume (MPC) and Marginal 
Propensity to Save (MPS) are always equal to each other. 
In the light of the given statements, choose the correct alternative from 
the following :   
(A) Statement 1 is true and Statement 2 is false. 
(B) Statement 1 is false and Statement 2 is true. 
(C) Both Statements 1 and 2 are true. 
(D) Both Statements 1 and 2 are false. 
2. Identify the correct equation from the following : 1 
(A) GDP
MP   
=  NNP
FC   
+  Depreciation  
(B) NDP
FC   
=  NNP
FC   
+  Net Indirect Taxes  
(C) GNP
MP   
=  GDP
MP  
+  Net Factor Income from Abroad  
(D) NNP
FC   
=  NDP
MP   
+  Depreciation   
    
11-58/1/1 Page 4 
3. - A{^H$WZ (A) Am¡a H$maU (R) & ZrMo {XE JE {dH$ënm| _| 
go ghr {dH$ën Mw{ZE :  1 
(A) : nyU© amoµOJma pñW{V go VmËn`© AZ¡pÀN>H$ ~oamoµOJmar H$s AZwnpñW{V go h¡ & 
(R) : nyU© amoµOJma H$s pñW{V _|, gämr BÀNw>H$ d gj_ ì`{º$`m| H$mo àM{bV 
_µOXÿar Xa na amoµOJma àmá hmoVm h¡ & 
{dH$ën : 
(A) A{^H$WZ (A) Am¡a H$maU (R) XmoZmo§ gË` h¢ Am¡a H$maU (R), A{^H$WZ (A) H$s 
ghr ì`m»`m h¡ & 
(B) A{^H$WZ (A) Am¡a H$maU (R) XmoZmo§ gË` h¢, bo{H$Z H$maU (R), A{^H$WZ (A) H$s 
ghr ì`m»`m  h¡ & 
(C) A{^H$WZ (A)  gË` h¡, bo{H$Z H$maU (R) AgË` h¡ & 
(D) A{^H$WZ (A)  AgË` h¡, bo{H$Z H$maU (R) gË` h¡ & 
4. {XZm§H$ 9 OyZ 2023 (NSE) Ho$ Am± S>m| Ho$ AZwgma, EH$ _mh 
H$s Ad{Y `m{Z, 9 _B© 2023 - 9 OyZ 2023, _| {dXoer g§ñWmJV {ZdoeH$m| (FII) Ûmam  
< 309  
 Cn`w©º$ boZ-XoZ ^maV Ho$ ^wJVmZ g§VwbZ Ho$ ______ ImVo Ho$ ______ nj _| XO© {H$`m 
OmEJm &   ([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(A) Mmby, S>o{~Q> (B) ny±Or, Ho«${S>Q>   
(C) Mmby, H«o${S>Q>  (D) ny±Or, S>o{~Q> 
5. {ZåZ{b{IV _| go _wÐm Amny{V© (M
1
) H$s   {deofVm/{deofVmAm| H$s nhMmZ H$s{OE : 1 
(i) Bgo g_` Ho$ EH$ q~Xþ na _mnm OmVm h¡ & 
(ii) Bg_| gaH$ma Ho$ nmg aIo JE YZ-^§S>ma H$mo gpå_{bV Zht {H$`m OmVm h¡ & 
(iii) `h gX¡d amîQ´> Ho$ Ho$ÝÐr` ~¢H$ Ho$ nmg aIr _wÐm hmoVr h¡ & 
{dH$ën :  
(A) (i) Am¡a (ii) (B) (ii) Am¡a (iii) 
(C) Ho$db (ii) (D) Ho$db (iii) 
6. H$sÝg Ho$ AZwgma Kaoby joÌ Ûmam {H$`m J`m Hw$b Cn^moJ ì`` _________ d __________ 
H$m g§`moOZ h¡ &   ([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(A) ñdm`Îm Cn^moJ, ñdm`Îm {Zdoe 
(B) ñdm`Îm {Zdoe, ào[aV Cn^moJ  
(C) ào[aV {Zdoe, ñdm`Îm {Zdoe 
(D) ñdm`Îm Cn^moJ, ào[aV Cn^moJ  
    
11-58/1/1  Page 5 P.T.O.   
3. Read the following statements  Assertion (A) and Reason (R). Choose 
the correct alternative given below :  1 
Assertion (A) : Full employment situation refers to absence of 
involuntary unemployment. 
Reason (R) : Under full employment situation, all the willing and able 
bodied people get employment at the prevailing wage rate.  
Alternatives :  
(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the 
correct explanation of Assertion (A). 
(B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not 
the correct explanation of Assertion (A). 
(C) Assertion (A) is true, but Reason (R) is false. 
(D) Assertion (A) is false, but Reason (R) is true.  
4. 
th
 June, 2023, 
there was a net selling off worth < 309 crore by Foreign  
Institutional Investors (FIIs) over the period of one month i.e.,  
9
th
 May, 2023  9
th
 June, 2023. 
 The above mentioned transactions will be recorded on __________ side of 
___________ account of Balance of Payments of India.  
 (Choose the correct alternative to fill in the blanks)  1 
(A) Debit, Current (B) Credit, Capital  
(C) Credit, Current (D) Debit, Capital  
5. Identify the incorrect feature(s) of money supply (M
1
) from the  
following : 1 
(i) It is measured at a point of time. 
(ii) It does not include stock of money held by the government.  
(iii) It is always the currency in the hands of the Central Bank of a 
nation. 
Alternatives : 
(A) (i) and (ii)  (B) (ii) and (iii) 
(C) (ii) only  (D) (iii) only  
6. Total consumption expenditure by households under Keynesian 
Economics is a combination of __________ and __________. 
    Choose the correct alternative to fill in the blanks) 1 
(A) Autonomous Consumption, Autonomous Investments  
(B) Autonomous Investments, Induced Consumption  
(C) Induced Investments, Autonomous Investments      
(D) Autonomous Consumption, Induced Consumption    
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FAQs on Class 12 Economics Question Paper Solved (2024) - 1 - Economics Class 12 - Commerce

1. What are the main objectives of macroeconomics?
Ans. The main objectives of macroeconomics include studying the overall economy, analyzing factors affecting economic growth, employment, price levels, and national income, and formulating policies to stabilize the economy.
2. What is the difference between microeconomics and macroeconomics?
Ans. Microeconomics focuses on individual economic agents like households and firms, while macroeconomics studies the economy as a whole, including aspects like inflation, unemployment, and economic growth.
3. How does fiscal policy impact the economy?
Ans. Fiscal policy involves government spending and taxation to influence the economy. For example, increasing government spending can boost economic activity, while higher taxes can reduce consumer spending.
4. What is the significance of GDP in macroeconomics?
Ans. GDP (Gross Domestic Product) is a key indicator of a country's economic performance, representing the total value of all goods and services produced within the country's borders. It is used to measure economic growth and compare the standard of living between countries.
5. How does inflation affect the economy?
Ans. Inflation, the increase in the general price level of goods and services, can erode purchasing power, reduce the value of money, and impact savings and investments. Central banks aim to control inflation through monetary policy to maintain price stability.
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