CBSE Guess > Papers > Important Questions > Class XII > 2014 > Economics > Economics - by Mr. S.R. Yadav
CBSE CLASS XII
Economics
Section - B
Q.17. what are Ex-ante savings? 1
Q.18. Give two macro economic variables. 1
Q.19. If MPC and MPS are equal, what is the value of the multiplier? 1
Q.20. how is primary deficit calculated? 1
Q.21. Define CRR. 1
Q.22. Distinguish between domestic product and national product. When can domestic product be more than national product?
OR
A machine purchased by a firm or a household is always a final good (commodity). Do you agree? Give reasons for your answer. 3
Q.23. Explain the meaning of fixed foreign exchange rate. Give 2 merits of this system. 3
Q.24. Explain two measures adopted to reduce fiscal deficit. 3
Q.25. Give three sources of demand of foreign exchange. 3
Q.26. how does bank rate policy help RBI to control credit? 3
Q.27. calculate 'value of output' from the following data: 4
| Items | Rs. in lakh |
| Net value added at factor cost |
100 |
| Intermediate consumption |
75 |
| Excise duty |
20 |
| Subsidy | 5 |
| Depreciation | 10 |
Q.28. What is inflationary gap? Explain with a diagram. 4
Q.29. What are the primary functions of money? Explain. 4
OR
How does money help to overcome the problem of double coincidence of wants?
Q.30. In an economy the equilibrium level of income is Rs.12000crore. The ratio of MPC and MPS is 3:1. Calculate the additional investment needed to reach a new equilibrium level of income of Rs. 20,000crore. 6
Submitted By : Mr. S.R. Yadav
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