SET-2

Series AABB2/4 àíZ-nÌ H$moS>

Q.P. Code 58/4/2
amob Z§. narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
Roll No. _wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.

H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 11 h¢ &

àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >13 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
_| 10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 11 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 13 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on
the answer-book during this period.

AW©emñÌ
ECONOMICS

:2 : 40
Time allowed : 2 hours Maximum Marks : 40

58/4/2 1 P.T.O.
 :
:
(i) 13
(ii)
(iii) 2 5 3 5 5 3
(iv) 2 30 50
(v) 3 50 80
(vi) 5 80 120
(vii)

(viii) /

1. (H$) `{X dmñV{dH$ gH$b Kaoby CËnmX < 16,000 H ©_mZ _yë`m| na
gH$b Kaoby CËnmX < 20,000 h¡, Vmo _yë` gyMH$m§H$ Ho$ _mZ H$s JUZm
H$s{OE & 2
AWdm
(I) _mÝ` H$maUm| Ûmam, {ZåZ{b{IV H$mo ñQ>m°H$ d àdmh Mam| _| dJuH¥$V H$s{OE : 2
(i) df© 2020 21 Ho$ Xm¡amZ Johÿ± H$m CËnmXZ
(ii) {dÎmr` df© 2020 21 _| ^maVr` AW©ì`dñWm H$s amîQ´>r` Am`
2. ^maV _| Am{W©H$ {dH$mg n`m©daUr` g_ñ`mAm| H$s CËn{Îm Ho$ gmW hþAm h¡ &
? AnZo CÎma H$m _mÝ` VH$m] Ûmam g_W©Z H$s{OE & 2
3. ehar joÌm| _| H$m`© H$s àH¥${V J«m_rU joÌm| go n¥WH²$ h¡ & {XE JE H$WZ H$m d¡Y
ñnîQ>rH$aU Ûmam g_W©Z H$s{OE & 2
4. (H$) `h {X`m J`m h¡ {H$ EH$ H$mën{ZH$ AW©ì`dñWm H$m Cn^moJ \$bZ,
C = 100 + 0·8 Y h¡, Ohm± C = Cn^moJ VWm Y = Am` &
JUZm H$s{OE : 2
(i) gr_m§V ~MV àd¥{Îm (MPS) H$m _yë`
(ii) bm^-Abm^ {~ÝXþ (Break-Even Point) na Am` H$m ñVa
AWdm
58/4/2 2
General Instructions :
Read the following instructions very carefully and strictly follow them :
(i) This question paper contains 13 questions.
(ii) All questions are compulsory. Marks are indicated against each question.
(iii) This question paper contains 5 questions of 2 marks each, 5 questions of
3 marks each and 3 questions of 5 marks each.
(iv) 2 marks questions are Short Answer Type Questions and are to be
answered in 30 50 words each.
(v) 3 marks questions are also Short Answer Type Questions and are to be
answered in 50 80 words each.
(vi) 5 marks questions are Long Answer Type Questions and are to be
answered in 80 120 words each.
(vii) There is no overall choice in the question paper. However, internal choices
have been provided in few questions. The candidates need to attempt only
one question from such questions.
(viii) This question paper contains Case/Source Based Question also.
1. (a) If the Real Gross Domestic Product is < 16,000 crores and Gross
Domestic Product at current prices is < 20,000 crores, calculate
the value of price index. 2
OR
(b) Giving valid reasons, classify the following into stock and flow
variables : 2
(i) Production of wheat during the year 2020 21
(ii) National Income of Indian Economy during the financial
year 2020 21
2.

Do you agree with the given statement ? Give valid reasons in support of
your answer. 2
3.
the given statement with a valid explanation. 2
4. (a) You are given the consumption function of an imaginary economy,
C = 100 + 0·8 Y, where C = Consumption and Y = Income.
Calculate : 2
(i) The value of Marginal Propensity to Save (MPS)
(ii) The level of income at Break-Even Point
OR
58/4/2 3 P.T.O.
 (I) S = 60 + 0·1 Y, ~MV \$bZ h¡, Ohm± S = ~MV d Y = amîQ´>r` Am` VWm
AW©ì`dñWm _| {Zdoe ì`` (I) = < 4,000
Am` Ho$ g§VwbZ ñVa (Equilibrium level) H$s JUZm H$s{OE & 2

5. (H$) `{X {H$gr AW©ì`dñWm _| {Z`mo{OV ~MV, {Z`mo{OV {Zdoe go A{YH$ h¡, Vmo BgH$m
CËnmXZ d amoµO § H$s{OE & 2

AWdm
(I) `{X {H$gr AW©ì`dñWm _| {Z`mo{OV ~MV, {Z`mo{OV {Zdoe go H$_ h¡, Vmo BgH$m
§ H$s{OE & 2

6. 1970 Ho$ XeH$ Ho$ A§V _|, ^maV H$s Anojm MrZ H$s OZg§»`m _| VoOr go {JamdQ> Am`r
Wr &
Bg n[apñW{V Ho$ H$maU d à^md H$mo ñnîQ> H$s{OE & 3

7. {H$gr amîQ´> _| ñdmñÏ` pñW{V

H$s{OE & 3

8. `h _mZVo hþE {H$, {Zdoe _| n[adV©Z ( I) = < 4,000

(MPC) = 0·5 h¡, {Zdoe JwUH$ (K) H$s H$m`© à{H«$`m H$s g§jon _| {ddoMZm H$s{OE & 3

9. ^maV Am¡a nm{H$ñVmZ Ûmam AnZmB© JB© {H$Ýht Xmo g_mZ {dH$mgmË_H$ aUZr{V`m| H$s g§{jßV
{ddoMZm H$s{OE & 3

10. (H$) Am` Ho$ MH«$s` (dVw©b) àdmh Ho$ {d{^Þ MaUm| H$s g§jon _| ì`m»`m H$s{OE & 3

AWdm
(I) `{X {H$gr AW©ì`dñWm _|, dmñV{dH$ gH$b Kaoby CËnmX (Real GDP)
< 300 gyMH$m§H$ (AmYma = 100) 110 h¡, Vmo _m¡{ÐH$ gH$b Kaoby
CËnmX (Nominal GDP) H$s JUZm H$s{OE & 3

11. (H$) Cn^moJ dH«$ d ~MV dH«$ EH$-Xÿgao Ho$ nyaH$ h¢ &
h¢ ? _mÝ` H$maUm| Ûmam ì`m»`m H$s{OE & 2

(I) H$a AW©ì`dñWm _| Adñ\$s{V H$s pñW{V H$mo {Z`§{ÌV H$aZo _| _XX H$aVo h¢ &
{Q>ßnUr H$s{OE & 3

58/4/2 4
 (b) S = 60 + 0·1 Y is the saving function, where S is Saving and
Y is National Income and Investment Expenditure (I) is
< 4,000 crore in an economy.
Calculate the Equilibrium level of Income. 2

5. (a) If planned savings exceed planned investments in an economy,

state its likely impact on output and employment. 2

OR
(b) If planned savings fall short of planned investments in an
economy, state its likely impact on output and employment. 2

6. In arply declined

Elucidate the reason and impact of this situation. 3

7. State and discuss any two indicators that help in measuring the health
status of a country. 3

8. Discuss briefly the working process of investment multiplier (K),

assuming that Change in Investment ( I) is < 4,000 crore and Marginal
Propensity to Consume (MPC) is 0·5. 3

9. Discuss briefly any two similar development strategies followed by India

and Pakistan. 3

10. (a) Briefly explain the different phases of circular flow of income. 3
OR

(b) In an economy, if the Real Gross Domestic Product (GDP) is

< 300 crore and Price Index (with base = 100) is 110, calculate the
Nominal Gross Domestic Product. 3

11. (a) Consumption

agree with the statement ? Explain with valid reasons. 2
(b)
Comment. 3
58/4/2 5 P.T.O.
12. (H$) BE {H$ amîQ´>r` Am`, Am` {d{Y d ì`` {d{Y XmoZm| go
g_mZ hmoVr h¡ : 5

H«$_ am{e
_X|
g§»`m (< )
(i) ewÕ {Z`m©V ( ) 60
(ii) ewÕ AàË`j H$a 150
(iii) àMmbZ A{Yeof 740
(iv) H$_©Mm[a`m| H$m nm[al{_H$ 1,400
(v) {dXoem| go àmßV ewÕ gmYZ Am` 40
(vi) ñd-{Z`mo{OVm| H$s {_{lV Am` 1,000
(vii) ewÕ Kaoby ñWm`r ny±Or {Z_m©U 500
(viii) ñQ>m°H$ _| n[adV©Z ( ) 100
(ix) _yë`õmg 100
(x) {ZOr A§{V_ Cn^moJ ì`` 2,000
(xi) gaH$mar A§{V_ Cn^moJ ì`` 1,000

AWdm
(I) (i) H$s JUZm H$s{OE : 2
H«$_ am{e
_X|
g§»`m (< )
(i) H$_©Mm[a`m| H$m nm[al{_H$ 300
(ii) AàË`j H$a 200
(iii) ñWm`r ny±Or H$m Cn^moJ 100
(iv) CnXmZ 50
(v) gmYZ bmJV na gH$b Kaoby CËnmX (GDPfc) 650

(ii) {dXoem| go àmßV ewÕ gmYZ Am` Ho$ VrZ _w»` KQ>H$m| H$m g§jon _| CëboI
d MMm© H$s{OE & 3

58/4/2 6
12. (a) From the following data, show that the National Income will be
same from both Income Method and Expenditure Method : 5
Amount
S. No. Items
(in < crore)
(i) Net Exports ( ) 60
(ii) Net Indirect Taxes 150
(iii) Operating Surplus 740
(iv) Compensation of Employees 1,400
(v) Net Factor Income from Abroad 40
(vi) Mixed Income of Self-Employed 1,000
(vii) Net Domestic Fixed Capital Formation 500
(viii) Change in Stock ( ) 100
(ix) Depreciation 100
(x) Private Final Consumption Expenditure 2,000
(xi) Government Final Consumption
1,000
Expenditure

OR

(b) (i) Calculate the operating surplus from the following data : 2
S. Amount
Items
No. (in < crore)
(i) Compensation of Employees 300
(ii) Indirect Taxes 200
(iii) Consumption of Fixed Capital 100
(iv) Subsidies 50
(v) Gross Domestic Product at Factor Cost
(GDPfc) 650

(ii) State and discuss briefly the three main components of Net
Factor Income from Abroad. 3

58/4/2 7 P.T.O.
 Ho$g/òmoV AmYm[aV àíZ

13 13 :

O_©Zr Ho$ gh`moJ go {dH${gV Zr{V Am`moJ gyMH$m§H$, 77 gVV {dH$mg bú` g§Ho$VH$m|
(SDG indicators) na 56 ehar joÌm| H$mo a¢H$ H$aVm h¡ & gVV {dH$mg bú`m| (SDGs) Ho$
ñWmZr`H$aU H$s `mÌm _| VWm g^r ñVam| na SDGs H$s àJ{V {ZJamZr àUmbr ñWm{nV H$aZo
Ho$ {bE Zr{V Am`moJ Zo 2021 22 _| SDG ehar gyMH$m§H$ d S>¡e~moS>© {dH${gV {H$`m h¡ &

`h gyMH$m§H$ {d{^Þ eham| Ho$ ñVa na SDG ñWmZr`H$aU

H$aoJm & Zr{V Am`moJ Ho$ AZwgma, `h m| H$s {ZJamZr VWm [anmo{Q>ªJ àUm{b`m|
H$s Iy{~`m| d H${_`m| na àH$me S>mbVm h¡ & Bg gyMH$m§H$ _| à`wº$ CnH$aU EH$ Eogo
nm[apñW{VH$ V§Ì H$m {Z_m©U H$a|Jo {Og_| g^r {h
boZo d bmJy H$aZo _| ghm`Vm {_boJr &

Zr{V Am`moJ H$m _mZZm h¡ {H$ ^maV _| {dH$mg Ho$ ^{dî` H$s ê$naoIm V¡`ma H$aZo _| h_mao
eham| d ehar ©Z H$m\$s Amdí`H$ h¡ & Bg
gyMH$m§H$ _| gpå_{bV 56 ehar joÌm| _| go 44 eha EH$ {_{b`Z go A{YH$ Am~mXr dmbo
eha h¢ &

Zr{V Am`moJ Ho$ AZwgma àË`oH$ SDG Ho$ {bE ehar joÌm| H$mo 0 100 Ho$ n¡_mZo na _mnm
J`m h¡ & gm¡ Ho$ ñVa H$m AW© h¡ {H$ M`{ZV joÌm| Zo 2030 Ho$ {ZYm©[aV bú`m| H$s àm{ßV H$a
br h¡ & eyÝ` Ho$ ñH$moa H$m AW© h¡ {H$ M`{ZV ehar joÌ gdm}Îm_ ñVa àmßV H$aZo go g~go
Xÿa h¡ & 0 49 Ho$ ñH$moa àmßV H$aZo dmbo eham| H$mo AmH$m§jr ñVa Ho$ ê$n _| aIm J`m h¡,
50 64 dmbo eham| H$mo na\$mo_©a H$hm J`m h¡, 66 99 eham| H$mo \«§$Q>-aZa d 100 ñH$moa
dmbo eham| H$mo AMrdg© H$hm J`m h¡ &
The Economic Times; November 23, 2021 (Modified)

58/4/2 8
 Case/Source Based Question

Read the following text carefully. Answer questions number 13 (a) and 13 (b) on
the basis of the given text and common understanding :

The NITI Aayog Index developed in collaboration with German

cooperation, ranks 56 urban areas on 77 Sustainable Developmental
Goals (SDGs) indicators. In its journey of localization of the Sustainable
Development Goals (SDGs) and creati
system at all levels, the NITI Aayog has developed the SDG Urban Index
and Dashboard in 2021 22.

The index will strengthen SDG localization and institute monitoring at

the various cities level. According to the NITI Aayog, this index
highlights the strengths and gaps of data monitoring and reporting
systems. The tools used in the index will contribute to the creation of an
ecological system in which all stakeholders will be equipped to adopt and
implement data-driven decision-making.

The NITI Aayog is of the view that this transformative change is quite
essential, given the increasing prominence of our cities and urban areas
in charting the future of development in India. Out of 56 urban areas
ranked in the index, 44 are with population above one million.

As per the NITI Aayog, for each SDG the urban areas are ranked on the
scale of 0 100. A score of 100 implies that the urban area has achieved
the targets set for 2030. A zero score implies that it is the farthest from
achieving the target among the selected urban areas. The areas with
score between 0 and 49 have been ranked as aspirants, those with
50 64 are termed as performers, 66 99 are called front-runners and
ones with perfect score are called achievers.

Source : The Economic Times; November 23, 2021 (Modified)

58/4/2 9 P.T.O.
13. (H$) gVV {dH$mg àmßV H$aZo _| Zr{V Am`moJ gyMH$m§H$ Ûmam em{_b {H$Ýht Xmo MaUm| H$s
ì`m»`m H$s{OE & 2

(I) ehar joÌm| H$mo 0 100 Ho$ n¡_mZo na _mnm OmEJm &
Zr{V Am`moJ Ûmam AnZmB© JB© a¢qH$J àUmbr H$s ì`m»`m H$s{OE & 3

58/4/2 10
13. (a) Outline any two steps involved by the NITI Aayog index in
attaining sustainable development. 2

(b) 100
Elucidate the ranking system adopted by the NITI Aayog. 3

58/4/2 11 P.T.O.