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Economics
Class - XII 1998 (CBSE)
You are on questions of Set
II
| Time allowed : 3
hours |
Maximum Marks:
100 |
SECTION A
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.
| |
(Rs. in crores) |
(i) Private final consumption
expenditure in domestic market
(ii) Government final consumption
expd.
(iii) Consumption of fixed capital
(iv) Net Exports
(v) Net factor income from abroad
(vi) Gross fixed capital
formation
(vii) Charge in stocks
(viii) Direct purchases
abroad by resident households
(ix) Direct purchases by
non-residents in the domestic market
(x) Net indirect taxes |
750
100
25
(-)25
(-)20
300
50
50
100
100 |
Q 15. Calculate GDP at market price from the
following data.
(i) Net Value added at market
price
| |
(Rs. in Lakhs) |
(a) Primary sector
(b) secondary
sector
(c) teetiary sector
(ii) Net Exports
(iii) Net indirect taxes
(iv) Value
of Intermediate consumptin in,
(a) primary sector
(b)
secondary sector
(c) teetiary sector
(v)
Consumption of fixed capital in,
(a) primary sector
(b) secondary sector
(c) teetiary sector |
700
1000
1000
(-)10
100
200
300
300
20
50
30
|
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.
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