Karnataka 2nd PUC Economics Model Paper 2024: Kannada Medium and English Medium PDF
Karnataka 2nd PUC Economics Model Paper 2024: KSEAB, DPUE has recently published Karnataka 2nd PUC Economics Model Question Paper 2024 in its official portal. In this page we have given Karnataka Class 12 Economics Model Question Paper in PDF. The Board has also published Blue Print of II PUC on dpue-exam.karnataka.gov.in.
Karnataka 2nd PUC Economics Model Question Paper 2024: Overview
- Board – Karnataka State Board.
- Class – Class 12.
- Topic – Karnataka 2nd PUC Model Paper.
- Subject – Economics.
- Year – 2023 – 24.
Part-A
(I) Choose the correct answer
(Each question carries 1 mark).
(1) The scare resources of an economy have
(a) Competing usages
(b) Unlimited usages
(c) Single Usages
(d) None of the above
(2) The equation of budget line is
(a) PX + p1x1 = M
(b) M = P0x0 + PX
(c) P1X1 + P2x2 = M
(d) Y = MX + C
(3) In a capitalist country production activities are mainly carried out by
(a) Private enterprises
(b) Government authority
(c) Planning authority
(d) None of the above
(4) NNP= GNP –
(a) Deduction
(b) Depreciation
(c) Investment
(d) None of the above
(5) Value of MPC lies between
(a) 1 and 2
(b) 0 and 1
(c) 2 and 4
(d) 0 and 0.5
(II) Fill in the blanks by choosing correct answer from the bracket.
(Each question Carries 1 mark.)
(Stock, Narrow money, Variables, Shutdown Point, Revenue receipts, minimum point p)
(6) In the long run all inputs are _________
(7) The point of minimum AVC where the SMC curves cuts the AVC curves is called ____
(8) _______ are define at a particular point of time.
(9) M1 and M2 are known as____________
(10) Revenue deficit = Revenue expenditure – ____________
(III) Match the following
(Each question Carries 1 mark)
A |
B |
(11) Service of teacher |
(a) Repo |
(12) Market equilibrium |
(b) Trade in goods |
(13) AR= |
(c) Skill |
(14) Repurchase agreement |
(d) TR/Q |
(15) Balance of Trade |
(e) QD = QS |
(f) Labour |
(IV) Answer the following questions in a sentence or a word
(Each question carries 1 mark)
(16) Give the meaning of marginal product.
(17) What is price ceiling?
(18) Give the meaning intermediate goods.
(19) Write the meaning of autonomous consumption.
(20) Who are the free riders?
Part-B
(V) Answer any Six of the following in 4 sentences each
(Each question carries 2 marks)
(21) What is price elasticity of demand? Write the formula.
(22) What do you mean by inferior goods? Give example.
(23) Mention the conditions needed for profit by a firm under perfect competition.
(24) Define equilibrium price and quantity.
(25) Distinguish between excess demand and excess supply.
(26) Mention 3 methods of measuring GDP(National income).
(27) Write the equation of GDPMP and GDPFC.
(28) Give the meaning of Paradox of thrift.
(29) Why the proportional income tax acts as automatic stabilizer?
(30) Why do people demand foreign exchange?
Part – C
(VI) Answer any five of the following question in 12 sentences each.
(Each question carries 4 marks)
(31) Write a note on market economy.
(32) Write the differences between total utility and marginal utility.
(33) Explain isoquant with the help of the diagram.
(34) Write a table to show the impact of simultaneous on equilibrium
(35) Briefly explain in what way macro-economics is different from micro-economics.
(36) Write a note on externalities.
(37) Briefly explain the functions of RBI.
(38) Briefly explain consumption function
(39) Write the chart of components of current account.
Part – D
(VII) Answer any three of the following question in 20 sentences each.
(Each question carries 6 marks)
(40) Explain the law of diminishing marginal utility with the help of a table and diagram.
(41) Explain market supply curve with the help of diagram.
(42) Explain the macroeconomic identities
(43) Explain the functions of money. How does money over come the short comings of a barter system? Mention.
(44) Explain the classification of receipts?
Part – E
(VIII) Answer any two of the following project and assignment oriented questions.
(Each question carries 5 marks)
(45) A Consumer wants to consume two goods. The price of Bananas is Rs. 5 and the price of Mangoes is Rs 10. The consumer income is Rs 40.
(a) How much bananas can she consumes if she spends her entire income on that good?
(b) How much mangoes can she consumes if she spends her entire income on that good?
(c) Is the slope of Budget line downward or upward?
(d) Are the bundles on the budget line equal to the consumer’s income or not?
(e) If you want to have more of Bananas, You have to give up Mangoes. Is it true?
(46) Find the missing products of the following table.
Factor L |
TPL | MPL | APL |
0 | 0 | 0 |
0 |
1 |
10 | – | 10 |
2 | 24 | – |
12 |
3 |
40 | 16 | 13.33 |
4 | – | 10 |
– |
5 |
– | 6 | 11.2 |
6 | 57 | 1 |
9.5 |
Click Here to Download this PDF: Economics Model Question Paper
You can download more Karnataka Board 2nd PUC model question papers here – Karnataka Class 12 Model Paper
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