CBSE Set Set2 Economics Sample Test Papers For Class 12th for students online

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Latest for students online. All these are just samples for prepration for exams only. These are not actual papers.

Economics Class - XII (CBSE)
You are on Set ll questions
(Only those questions have been given ,which are different from Set l)

Q1 Why are imports not included in the estimation of national income. (1mark)

Q11Calculate value added by firm A and by firm B from the following data.

		Rs. (lakhs)
i.	Purchases by firm A from rest of the world	40
ii	Sales by firm B	90
iii	Purchase by firm A from firm B	10
iv	Sales by firm A	10
v	Exports by firm A	30
vi	Opening stock of firm AY	20
vii	Closing stock of firm B	20
viii	Closing stock of firm A	25
ix	Opening stock of firm B	60
x	Purchases by firm B from firm A	40
xi	Sales by firm P to general Government	20 (3)

Q12 Distinguish between intermediate goods and final goods. Give two examples of each.(3 marks)

Q13 Calculate gross national product at factor cost from the following data :

		Rs. (crores)
i.	Net domestic fixed capital formation	50
ii	Private final consumption expenditure	500
iii	Subsidies	10
iv	Opening stock	30
v	Net factor income from abroad	-(10)
vi	Closing stock	40
vii	Net indirect taxes	50
viii	Government final consumption expenditure	200
ix	Consumption of fixed capital	60
x	Net exports	15 (3)

15 Calculate national income from the following data :

		Rs. (crores)
i.	Profits	220
ii	Compensation of employees	350
iii	Interest	100
iv	Consumption of fixed capital	50
v	Opening Stock	30
vi	Subsidies	20
vii	Closing stock	50
viii	Mixed income of self-employed	150
ix	Employer's contribution to scial security schemes	30
x	Net factor income from abroad	10
xi	Rent	80
xii	Indirect taxes	90 (3)

Q24 Explain the relationship between marginal revenue and total revenue. (2 marks)

Q28 Distinguish between expansion of supply and increase in supply. Explain briefly.(3 marks)

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