CBSE Set Set2 Economics Sample Test Papers For Class 12th for students online
|Time allowed : 3 hours||
Maximum Marks: 100
Q 6 Will the following be included in national
income? Give reasons.
(i) Interest received on government loans.
(ii) Taxes on capital gains.
Q 11 From the following data calculate compensation of employees:-
Q 14 Calculate national income on the basis of the following data.
Q 15. Calculate GDP at market price from the following data.
(i) Net Value added at market price
Q 17 Explain the value-added method of estimating national income.
Q 21 Why is the value of marginal product equal to the marginal revenue product under perfect competition?
Q 23 How do changes in the prices of factors of production affect the supply of a commodity?
Q 31 How is the demand of a commodity affected by the fall in the price of other commodities?
Q 32. The coefficient of price elasticity of demand of a commodity is 0.2. When its price is Rs. 10 per unit, its quantity demanded is 40 units. If the price falls to Rs. 5/Unit. How much will be its quantity demanded?
Q 34 Explain the loanable funds theory of interest.
Q 6. Will the following be included in national
income? Give reasons;
(i) Gift Tax
(ii) Scholarship given by the government to poor students.
Q 12. Calculate compensation of employees from the following data;
|(Rs. in Lakhs)|
|(i) Value of output
(ii) Intermediate Consumption
(iii) Net indirect taxes
(iv) Consumption of fixed capital
(v) Operating surplus
Q 13. Calculate gross national product at market price from the following data;
Q 15. From the following data calculate national income;
Q 16 How is the expenditure on gross capital formation measured?
Q 17 Explain any five precautions that should be taken while estimating national income by income method.
Q 20 What can be the maximum value of marginal propersity to save?
Q 33 The price of a commodity is Rs. 10 per unit and the quantity demanded at this price is 50 units. Its price falls to Rs. 6 per unit. How much will be its quantity demanded at the new price of the coefficient of its price elasticity of demand is 0.5?
Q 34 Explain any two fiscal measures to check excess demand in an economy.