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[QUOTE=mariammal;185213][B]Document Described : [/B]Economics Quesion Paper, Madhya Pradesh Quesion Paper
[B]
Economics
Class XII
Time- 3 Hours Maximum Mark – 100[/B]

[B]Instructions  [/B]:
i. All question are compulsory.
ii. Please the instructions carefully before writing the answer.
iii. Q. No. 1 to 5 are objective type which contain fill up the Blank, True/False, match the column, one sentence answer and choose the correct answers. Each question is allotted 5 marks. 1x1 = 5x5 =25 Marks.
iv. Internal options are given in Q. No. 6 to 21.

[URL]http://mpbse.nic.in/Model%20Que-Ans%20paper.htm[/URL]
[URL]http://mpbse.nic.in/12th/ECONOMICS/Economics-1%20FINAL.pdf[/URL]

v. Q. No. 6 to 12 carry 4 marks each and answer should be given in about 75 words.
vi. Q. No. 13 to 19 carry 5 marks each and answer should be given in about 120 words.
vii. Q. No. 20 and 21 carry 6 marks each and answer should be given in about 150 words.

[B]Choose the correct answer in the following  [/B]:
(a) Who wrote Aggregative Economics -
(i) Macro Economics (ii) Micro Economic
(iii) Both of the above (iv) None of the above.
(b) Who calculated the National Income in India -
(i) National Income Committee (ii) Directorate of National Sample
(iii) Central statistical organisation (iv) Finance Ministry.
(c) Adverse Balance payment is -
(i) Less Imports (ii) More Exports
(iii) Less Imports More Exports (iv) More Import and Less Export.
(d) A Budget is presented in India by -
(i) Lower House (ii) Upper House
(iii) Both the above (iv) None of the above.
(e) The index number of the base year.
(i) 0 (ii) 01
(iii) 100 (iv) 1000

[B]Fill in the blanks  [/B]:
(i) Car and Patrol are.................commodities.
(ii) Gross domestic product depreciation .................
(iii) The level of Employment is ............increasing effective demand.
(iv) In Balance of............visible and invisible items are included.
(v) The theory of maximum social advantage propounded by............

Make the correct pair for column 'A' choosing from column 'B'
[B]A - B  [/B]:
(a) Gold - Year 1935
(b) Reserve Bank of India - International Market
(c) The VAT imposed in M.P. - Measure of Value
(d) National Income - Barometer of Economic Welfare
(e) Primary function of money - 1st April 2006
- Year 1930
- National Market

Write True or False.
(i) Imperfect competition is practical state of market.
(ii) The international trade imposed in the country.
(iii) The standard deviation in an ideal and scientific measure.
(iv) Index Number is special type of mean.
(v) Co-efficient of correlation is always between one and two.

Write the Answer of the following questions in a sentence.
1. Who is concerned with Income and expenditure of the government?
2. Write the formula of standard deviation in direct method.
3. Which Bank has power of issuing money in India?
4. Which Nabard was established?
5. Write the duration of the Budget.

Write four differences between micro and macro economics.
Or
Write four characteristics of macro economic.
Why does the law of demand apply? Write any four reasons.
Or
Distinguish between fixed and variable cost.
Classify and explain the market on the basis of area.
Or
Write four characteristics of perfect competition market.
Give any four differences between the classical and kynesian theories of employment
Give criticism of Kynesian theory of employment.
Give differences between balance of payment and balance of trade. 
Or
Write four reasons for the adverse balance of payment.
Write four characteristics of a good tax.
Or
Write about four demerits of Indian tax system.
Mention the definition and types of correlation.
Or
What is Kare Pearsons co-efficient of correlation? Write its assumption.
Find out the rang and co-efficient of range of the following data -
Month 1 2 3 4 5 6 7 8 9 10 11 12
Income 139 145 151 159 162 165 168 170 171 172 174 175
Or
Which precautions should be taken while constructing Index Numbers.
Describe any five factors affecting the supply of commodity. 
Or
 Describe the Importance of National Income Accounting.
Or
Describe the components of National Capital.
 Explain any five factors which determine consumption function.
Or
 Give the measures to correct deficiency demand.
 Write five characteristics of a Government Budget.
 Write five main objectives of Budget.
What is Index Number? Explain types of Index Number.
Or
 What is dispersion? Explain any two methods of the measure of dispersion.
 Give the definition of demand and explain the law of demand with the help of a diagram.
Or
 Explain cost analysis in short period.
 Elaborate center banking functions of the Reserve Bank.
Or
 Explain importance of commercial banks in modern economy.[/QUOTE]

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