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[QUOTE=mariammal;185417][B]Document Described : [/B]Business Economics Question Paper, Madhya Pradesh Question Paper
[B]
Business Economics
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. In section A 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 allotted 5 marks. 1x1 = 5x5 =25 Marks.

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

iv. Internal options are given in Q. No. 6 to 20 in section B.
v. Q. No. 6 to 10 carry 4 marks each and answer should be given in about 75 words.
vi. Q. No. 11 to 15 carry 5 marks each and answer should be given in about 120 words.
vii. Q. No. 16 to 20 carry 6 marks each and answer should be given in about 150 words.

[B]Fill in the blanks  [/B]:
(i) The equlilliterium point of aggregate demand and supply is called..........
(ii) The income of central Govt. is collected by.............
(iii) Non-price competition is characteristics by...............
(iv) According to Recardo rent is..............determine price.
(v) According to Adom Smith there are..............principle of Taxation.

[B]Answer the following in true or false  [/B]:
(i) In presence of surplus demand the level of employment will be increased.
(ii) The service tax is imposed by State Government.
(iii) The transfer of value is difficult in barter system.
(iv) The market of sand is local market.
(v) The real wages is the part of money wages.

Make the correct pair for column 'A' choosing from column 'B'.
A - B
(a) The finance bill is produced - Pro. Howley
(b) Monopolistic equilibrium - By finance minister
(c) The principle risk of profit - Back bone of Indian economy
(d) The Govt. Budget is prepared - MR = MC
(e) Agriculture - With central budget
- Prime Minister

[B]Write the Answer in one sentence each  [/B]:
1. Which tax is progressive?
2. Which factor determined the price in very short period?
3. Who proposed the liquidly preference theory?
4. Why is fees paid?
5. Which state in India produce largest quantity of mustered?

[B]Choose the correct alternative  [/B]: 
(a) Budget production in India -
(i) Prime Minister (ii) Chief Minister
(iii) Faineance Minister (iv) Home Minister
(b) What is the adiquet length of long stapled cotton -
(i) Up the 19 mm (ii) 20 mm to 24 mm
(iii) 24.5 mm to 27 mm (iv) 27.5 mm to 31.5 mm
(c) News Paper industry of Madhya Pradesh in -
(i) Nepa Nagar (ii) Bhopal
(iii) Indore (iv) Jabalpur
(d) The position of India in Jute productions -
(i) First (ii) Second
(iii) Third (iv) None of these.
(e) Income received as gift is -
(i) Transferred Income (ii) Accrued Income
(iii) Un-accrued Income (iv) None of these.

1 Write the components of Aggregate Demand.
Or
What are the causes of excess demand? (Any four).
Write any four measure the correct deficit demand.
Or
State any four differences between classical and Keynesian theory of
employment.
What is meant by data? State any three characteristics of data.
Or
State any four importance of statistics.
What do you mean by national income? State any three characteristics of national income.
Or
State any four differences between national income and personal income.

Find out gross national product at market price from the followings datas –
Income Amount In Crore
1. Personal consumption expenses - 50,000
2. Govt. consumption expenses - 15,000
3. Total fixed capital formation - 10,000
4. Increase in stock - 2,000
5. Net forcigen balance - (-) 2,000
6. Capital consumption allowance - 6,500
7. Net indirect taxes - 5,000
Or
State any four causes of law national income in India.
What do you mean by micro economics? State any four characteristics of micro economics.
Or
What do you mean by macro economics? State any four limitation of macro economics. State any five economic evils of Money.
Or
State differences between central bank and commercial bank.
What are the cause of adverse balance of payment in India. (Any five).
 Or
What is meant by fixed and flexible rate of exchange? Give any two reasons infavour of them.
State any five difference between balance of trade and balance of payment.
Or
State the advantages of balance of payment. (any five)
Explain price determination in perfect competition with the help of digram.
 Or
State any five differences between market price and normal price.
Define the budget and give five importance of budget.
Or
Explain the process of budget formation.
 Discuss the recordion theory of rent with digram.
Or
What do you mean by interest? Differentiate between gross interest and net interest. Explain the principles of Adam Smiths theory of Taxation.
 Or
What is the meaning of Public Finance, What are the main parts of Public Finance?
Explain the geographical conditions and production area of Soyabin crop in India?
 Or
Write any six problems of Iron and Steel industry of India.
What is the meaning of index numbers? State the types of index number.[/QUOTE]

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