RBSE Class 12 Economics Model Paper 2 English Medium are part of RBSE Class 12 Economics Board Model Papers. Here we have given RBSE Class 12 Economics Sample Paper 2 English Medium.
Board | RBSE |
Textbook | SIERT, Rajasthan |
Class | Class 12 |
Subject | Economics |
Paper Set | Model Paper 2 |
Category | RBSE Model Papers |
RBSE Class 12 Economics Sample Paper 2 English Medium
Time: 3.15 Hours
Maximum Marks: 80
General Instructions to the Examinees
- Candidate must write his/her Roll No. on the question paper compulsorily.
- All the questions are compulsory.
- Write the answer to each question in the given answer book only.
- For questions having more than one part, the answers to those parts are to be written together in continuity.
- Write down the serial number of the question before attempting it.
-
Section Q. Nos Marks per question Word limit of answer A 1-10 1 10 Words B 11-18 2 20 Words C 19-27 4 30-40 Words D 28-30 6 250-300 Words - Question Nos. 28,29 and 30 have internal choices.
SECTION – A
Question 1.
From which Greek word has the word ‘Macro’ originated? [1]
Question 2.
By which other name is micro economics known? [1]
Question 3.
On what basis are decisions taken in a capitalist economy? [1]
Question 4.
What is meant by function? [1]
Question 5.
What is meant by social cost? [1]
Question 6.
What is meant by excess supply? [1]
Question 7.
Where do families and firms sector deposit their savings? [1]
Question 8.
Give any one example of direct tax. [1]
Question 9.
What are consumer goods? [1]
Question 10.
Write any one objective of government budget. [1]
SECTION – B
Question 11.
Write the major reasons of economic problem arising due to limited availability of resources. [2]
Question 12.
Explain the indifference curve. [2]
Question 13.
What is meant by very short term market? [2]
Question 14.
Which goods are known as capital goods? [2]
Question 15.
Calculate intermediate consumption from the following data- [2]
Items | in Lakh |
1. Cost of production | 200 |
2. Net value added at factor cost | 80 |
3. Sales tax | 15 |
4. Subsidy | 5 |
5. Depreciation | 20 |
Question 16.
Build the formula for the equilibrium level of income. [2]
Question 17.
Differentiate between revenue and capital expenditure. [2]
Question 18.
What is meant by US SD? [2]
SECTION-C
Question 19.
Explain the income effect. [4]
Question 20.
Total fixed cost of a firm is Rs. 10, and its cost schedule is given below. Calculate total variable cost and total cost- [4]
Quantity of Production | 1 | 2 | 3 | 4 |
Marginal Cost | 6 | 5 | 4 | 6 |
Question 21.
What is the difference between sales by grading and sales by sample? [4]
Question 22.
Explain Price Floor with the help of a graph. [4]
Question 23.
What is meant by Gross National Product (GNP) at market price? [4]
Question 24.
Explain the difference between savings account and current account. [4]
Question 25.
Which measures of monetary policy are applied during inflation? [4]
Question 26.
Complete the table given below- [4]
Income | ‘ Consumption | Marginal Propensity to Consume | Average Propensity to Save |
o | 40 | ……. | ……. |
……. | 120 | 0.8 | ……. |
……. | 200 | 0.8 | ……. |
……. | 280 | 0.8 | ……. |
Question 27.
Savings from Balance of Trade of a country is Rs. 3,000 crore. If the value of exports is Rs. 8,000 crore, calculate the value of imports. [4]
SECTION – D
Question 28.
Define the price elasticity of demand and also differentiate between law of demand and elasticity of demand. [8]
OR
What is meant by marginal utility and total utility? Explain the relationship between both of them with the help of a graph.
Question 29.
Explain the law of variable proportions in detail. [8]
OR
Explain ‘supply’ and describe the factors which affect the supply.
Question 30.
Describe the functions of Reserve Bank of India in detail. [8]
OR
Perform a comparative analysis between central bank and commercial bank on the basis of their functions.
We hope the given RBSE Class 12 Economics Model Paper 2 English Medium will help you. If you have any query regarding RBSE Class 12 Economics Sample Paper 2 English Medium, drop a comment below and we will get back to you at the earliest.
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