58-3-2 Economics
58-3-2 Economics
58-3-2 Economics
ZmoQ> NOTE
(I) H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV (I) Please check that this question
n¥ð> 15 h¢ & paper contains 15 printed pages.
(II) àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS (II) Code number given on the right
>Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na hand side of the question paper
{bI| & should be written on the title page of
the answer-book by the candidate.
(III) H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| (III) Please check that this question
>34 àíZ h¢ & paper contains 34 questions.
(IV) H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go (IV) Please write down the Serial
nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Number of the question in the
Adí` {bI| & answer-book before attempting it.
(V) Bg àíZ-nÌ H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m (V) 15 minute time has been allotted to
g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU read this question paper. The
nydm©• _| 10.15 ~Oo {H$`m OmEJm & question paper will be distributed
10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db at 10.15 a.m. From 10.15 a.m. to
10.30 a.m., the students will read the
àíZ-nÌ H$mo n‹T>|Jo Am¡a Bg Ad{Y Ho$ Xm¡amZ question paper only and will not
do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & write any answer on the
answer-book during this period.
AW©emñÌ (g¡ÕmpÝVH$)
ECONOMICS (Theory)
.58/3/2 1 P.T.O.
gm_mÝ` {ZX}e :
{ZåZ{b{IV {ZX}em| H$mo ~hþV gmdYmZr go n{‹T>E Am¡a CZH$m g™Vr go nmbZ H$s{OE :
(i) Bg àíZ-nÌ ‘| Xmo IÊS> h¢ H$ Am¡a I & g^r àíZ A{Zdm¶© h¢ &
(ii) àíZ g§»¶m 1 go 10 Am¡a 18 go 27 A{V bKw-CÎmar¶ àH$ma Ho$ àíZ h¢, à˶oH$ àíZ 1 A§H$
H$m h¡ & BZH$m CÎma EH$ eãX ¶m EH$ dm³¶ ‘| Xr{OE &
(iii) àíZ g§»¶m 11 Am¡a 12 Am¡a 28 Am¡a 29 bKw-CÎmar¶ àH$ma Ho$ àíZ h¢, à˶oH$ àíZ
3 A§H$m| H$m h¡ & BZH$m CÎma bJ^J 60 go 80 eãXm| ‘| Xr{OE &
(iv) àíZ g§»¶m 13 go 15 Am¡a 30 go 32 ^r bKw-CÎmar¶ àH$ma Ho$ àíZ h¢, à˶oH$ àíZ
4 A§H$m| H$m h¡ & BZH$m CÎma bJ^J 80 go 100 eãXm| ‘| Xr{OE &
(v) àíZ g§»¶m 16 Am¡a 17 Am¡a 33 Am¡a 34 XrK©-CÎmar¶ àH$ma Ho$ àíZ h¢, à˶oH$ àíZ
6 A§H$m| H$m h¡ & BZH$m CÎma bJ^J 100 go 150 eãXm| ‘| Xr{OE &
(vi) CÎma g§{jßV VWm q~Xþdma hmoZo Mm{hE Am¡a gmW hr Cn`w©³V eãX gr‘m H$m ¶Wmg§^d nmbZ
H$s{OE &
(vii) àíZ-nÌ ‘| H$moB© g‘J« {dH$ën Zht h¡ & VWm{n, EH$-EH$ A§H$ dmbo Xmo àíZm| ‘|, VrZ-VrZ
A§H$m| dmbo Xmo àíZm| ‘|, Mma-Mma A§H$m| dmbo Xmo àíZm| ‘| Am¡a N>…-N>… A§H$m| dmbo Xmo àíZm|
‘| Am§V[aH$ {dH$ën {XE JE h¢ & Eogo àíZm| ‘| Ho$db EH$ hr {dH$ën H$m CÎma Xr{OE &
(viii) BgHo$ A{V[a³V, Amdí¶H$VmZwgma, à˶oH$ IÊS> Am¡a àíZ Ho$ gmW ¶Wmo{MV {ZX}e {XE JE
h¢ &
IÊS> H$
(g_{îQ> AW©emñÌ)
1. {H$gr AW©ì¶dñWm ‘| Adñ\$s{V A§Vamb ‘m±J ‘| _________ (A{YH$Vm/AënVm) Xem©Vm
h¡ & (ghr CÎma Ûmam [a³V ñWmZ H$s ny{V© H$s{OE) 1
SECTION A
(Macro Economics)
.58/3/2 3 P.T.O.
4. C„oI H$s{OE {H$, {ZåZ{b{IV H$WZ g˶ h¡ ¶m Ag˶ : 1
‘‘gaH$mar ~OQ> EH$ dm{f©H$ {ddaU h¡ Omo {nN>bo {dÎmr¶ df© Ho$ {bE gaH$ma H$s dmñV{dH$
àm{ßV¶m| VWm dmñV{dH$ ^wJVmZm| H$mo Xem©Vm h¡ &’’
5. ‘wÐm Amny{V© Ho$ KQ>H$m| Ho$ Zm‘ {b{IE & 1
8. ^wJVmZ g§VwbZ ImVo Ho$ ñdm¶Îm ‘Xm| H$mo n[a^m{fV H$s{OE & 1
.58/3/2 4
4. State, whether the following statement is true or false : 1
‘‘Government budget is an annual statement showing actual receipts and
actual payments of the government for the last fiscal year.’’
10. Under Statutory Liquidity Ratio, commercial banks are required to keep
a fraction of _________ in the form of liquid assets.
(Choose the correct alternative) 1
(A) Total deposits
(B) Term deposits
(C) Total demand and term deposits
(D) Current deposits
13. ‘‘^maVr¶ [aµOd© ~¢H$ Zo AW©ì¶dñWm ‘| {JaVr hþB© ‘m±J H$mo ~‹T>mdm XoZo Ho$ {bE hmb hr _|
~¢H$ Xa ‘| H$‘r H$s h¡ &’’ Ho$ÝÐr¶ ~¢H$ Ûmam CR>mE JE H$X‘m| Ho$ Am¡{MË` H$mo {dñVma go
g‘PmBE & 4
14. {XE JE {MÌ ‘|, ‘KT’ A§Vamb ³¶m àX{e©V H$aVm h¡ ? Bg n[apñW{V Ho$ g‘mYmZ Ho$ {bE
{H$Ýht Xmo amOH$mofr¶ Cnm`m| H$m C„oI H$s{OE & 4
Adñ’$s{V A§Vamb H$m ³¶m AW© h¡ ? Adñ’$s{V A§Vamb H$s n[apñW{V Ho$ g‘mYmZ Ho$ {bE
{H$Ýht Xmo amOH$mofr¶ Cnm¶m| H$m C„oI H$s{OE & 4
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12. From the following data, calculate (a) Revenue deficit and (b) Fiscal
deficit : 3
Amount
Particulars
(in < crores)
(i) Tax Revenue 1,200
(ii) Revenue Expenditure 3,700
(iii) Non-tax Revenue 2,000
(iv) Recovery of Loans 145
(v) Capital Expenditure 500
(vi) Disinvestment 120
(vii) Interest Payments 1,070
13. ‘‘To boost the falling demand in the economy, the Reserve Bank of India
recently reduced the Bank Rate.’’ Elaborate the rationale behind the
steps taken by the Central Bank. 4
14. In the given figure, what does the gap ‘KT’ represent ? State any two
fiscal measures to correct the situation. 4
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15. {ZåZ{b{IV Am±H$‹S>m| go ~mµOma H$s‘V na gH$b ‘yë¶ d¥{Õ (GVAMP) H$s JUZm H$s{OE : 4
.58/3/2 8
15. Calculate Gross Value Added at Market Price (GVAMP) from the
following data : 4
Amount
Particulars
(in < lakhs)
(i) Depreciation 20
(ii) Domestic Sales 200
(iii) Change in Stock (–) 10
(iv) Exports 10
(v) Single Use Producer Goods 120
(vi) Net Indirect Taxes 20
OR
The value of the Nominal Gross National Product (GNP) of an economy
was < 2,500 crores in a particular year. The value of GNP of that country
during the same year, evaluated at the price of base year was < 3,000
crores.
Calculate the value of GNP deflator of the year in percentage terms. Has
the price level risen between the base year and the year under
consideration ? 4
16. Answer the following questions based on the data given below :
(i) Planned level of investment = < 200 crores
(ii) C = 100 + 0·8 Y
(a) Determine the equilibrium level of income. 3
(b) Calculate the saving and consumption expenditure at equilibrium
level of income. 3
17. Define the problem of double counting in the estimation of National
Income. Discuss two approaches to correct the problem of double
counting. 6
OR
Define the following : 6
(a) Capital Goods
(b) Gross Domestic Product
(c) Flow Variables
(d) Income from property and entrepreneurship
SECTION B
(Indian Economic Development)
18. Fixing of maximum land holding (ownership) for an individual is known
as ___________ . (Fill in the blank with correct answer) 1
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19. ñdV§Ì ^maV ‘| nhbm Am¡Úmo{JH$ Zr{V àñVmd H$mo df© _________ ‘| bmJy {H$¶m J¶m Wm &
(ghr {dH$ën H$m M¶Z H$s{OE) 1
(A) 1948
(B) 1950
(C) 1954
(D) 1956
20. Ho$ÝÐr¶ àXÿfU {Z¶§ÌU ~moS>© (CPCB) Zo _________ lo{U`m| Ho$ ~‹S>o VWm ‘ܶ‘ CÚmoJm| H$s
nhMmZ àXÿ{fV H$aZo dmbo CÚmoJm| Ho$ ê$n ‘| H$s h¡ &
(ghr {dH$ën H$m M¶Z H$s{OE) 1
(A) 15
(B) 17
(C) 19
(D) 13
21. 8 Zd§~a, 2016 H$mo nwamZr ‘hmË‘m Jm±Yr loUr Ho$ __________ Am¡a __________ H$a|gr
ZmoQ>m| H$mo H$mZyZr ê$n ‘| Ad¡Y Kmo{fV H$a {X¶m J¶m Wm &
(ghr {dH$ën H$m M¶Z H$s{OE) 1
(A) < 50 Am¡a < 100
(B) < 500 Am¡a < 1000
(C) < 500 Am¡a < 2000
(D) < 500 Am¡a < 200
22. ‘newYZ’ H$m AW© {b{IE & 1
23. ‘_mZd ny±Or {Z_m©U’ H$mo n[a^m{fV H$s{OE & 1
AWdm
H$m°b‘ II ‘| {XE JE g§~§{YV dfm] Ho$ gmW {‘bmZ H$aHo$ H$m°b‘ I ‘| {XE JE {dH$ënm| Ho$
ghr AZwH«$‘ H$s nhMmZ H$s{OE : 1
H$m°b‘ I H$m°b‘ II
a. OZ YZ ¶moOZm (i) 2005
à^mdr Cn^moJ ‘m±J Am¡a ݶyZV‘ Amdí¶H$Vm AZw‘mZZ
b. (ii) 1962
H$m¶© ~b
c. ‘hmË‘m Jm±Yr amîQ´>r¶ J«m‘rU amoµOJma Jma§Q>r A{Y{Z¶‘ (iii) 1979
d. {ZY©ZVm Ho$ {bE ¶moOZm Am¶moJ Ûmam J{R>V Aܶ¶Z Xb (iv) 2014
{ZåZ{b{IV ‘| go ghr {dH$ën H$m M¶Z H$s{OE :
(A) a-(iv), b-(i), c-(ii), d-(iii)
(B) a-(iv), b-(ii), c-(i), d-(iii)
(C) a-(iv), b-(iii), c-(i), d-(ii)
(D) a-(iv), b-(ii), c-(iii), d-(i)
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19. The first Industrial Policy Resolution in Independent India was
introduced in the year ___________ .
(Choose the correct alternative) 1
(A) 1948
(B) 1950
(C) 1954
(D) 1956
20. Central Pollution Control Board (CPCB) has identified ___________
categories of large and medium industries as polluting industries.
(Choose the correct alternative) 1
(A) 15
(B) 17
(C) 19
(D) 13
21. _________ and _________ currency notes of old Mahatma Gandhi series
were banned as legal tender money on 8th November, 2016.
(Choose the correct alternative) 1
(A) < 50 and < 100
(B) < 500 and < 1000
(C) < 500 and < 2000
(D) < 500 and < 200
22. State the meaning of the term ‘Livestock’. 1
23. Define ‘Human Capital Formation’. 1
OR
Identify the correct sequence of alternatives given in Column II by
matching them with their respective years in Column I : 1
Column I Column II
a. Jan Dhan Yojana (i) 2005
Task Force on projections of the Minimum
b. (ii) 1962
Needs and Effective Consumption Demand
Mahatma Gandhi National Rural
c. (iii) 1979
Employment Guarantee Act
Study Group formed by the Planning
d. (iv) 2014
Commission for Poverty
Choose the correct alternative from following :
(A) a-(iv), b-(i), c-(ii), d-(iii)
(B) a-(iv), b-(ii), c-(i), d-(iii)
(C) a-(iv), b-(iii), c-(i), d-(ii)
(D) a-(iv), b-(ii), c-(iii), d-(i)
.58/3/2 11 P.T.O.
24. ‘H$å¶yZ’ H$m AW© {b{IE & 1
25. ‘‘JyJb Zo ^maV ‘| 4000 ñZmVH$ {dÚm{W©¶m| H$mo Zm¡H$ar na aIm h¡ &’’
{X¶m J¶m H$WZ Am¡nMm[aH$ joÌH$/AZm¡nMm[aH$ joÌH$ amoµOJma go g§~§Y aIVm h¡ &
(ghr àH$ma Ho$ amoµOJma H$m M¶Z H$s{OE) 1
26. dñVw Am¡a godm H$a (GST) Ho$ bmJy hmoZo Ho$ níMmV² hQ>mE JE H$am| ‘| go EH$ _________
H$a h¡ & (ghr CÎma Ûmam [a³V ñWmZ H$s ny{V© H$s{OE) 1
27. H$mbmZwH«${‘H$ H«$‘ ‘| {ZåZ{b{IV KQ>ZmAm| H$mo ì¶dpñWV H$s{OE VWm ghr {dH$ën H$m
M¶Z H$s{OE : 1
(i) MrZr OZdmXr JUamÁ¶ H$s ñWmnZm
(ii) nm{H$ñVmZ H$m {Z‘m©U
(iii) ^maV H$s àW‘ n§Mdfu¶ ¶moOZm
(iv) MrZ H$s àW‘ n§Mdfu¶ ¶moOZm
{dH$ën :
(A) (i), (iv), (ii), (iii)
(B) (iii), (ii), (i), (iv)
(C) (ii), (i), (iii), (iv)
(D) (iv), (iii), (ii), (i)
28. ‘‘Am{W©H$ g§d¥{Õ ‘| Vrd« d¥{Õ Adí¶ hr nyU©V… {ZY©Z dJ© Ho$ ì¶{³V¶m| VH$ Yrao-Yrao nhþ±M
OmVr h¡ &’’ {XE JE H$WZ H$m _mÝ` VH$m] g{hV g‘W©Z AWdm I§S>Z H$s{OE & 3
29. ‘‘AZm¡nMm[aH$ joÌ Ho$ ~Om` Am¡nMm[aH$ joÌ ‘| amoµOJma H$m g¥OZ H$aZm Amdí¶H$ h¡ &’’
‘mݶ VH$m] Ûmam {XE JE H$WZ H$m g‘W©Z ¶m I§S>Z H$s{OE & 3
AWdm
^maVr¶ {dÚwV² joÌH$ H$s {H$Ýht Xmo MwZm¡{V¶m| H$m C„oI d MMm© H$s{OE & 3
30. ‘‘^maV, MrZ d nm{H$ñVmZ Zo {d{^Þ n[aUm‘m| Ho$ gmW, gmV XeH$m| go A{YH$ H$s {dH$mg
nW H$s ¶mÌm H$s h¡ &’’ _mÝ` VH$m] Ho$ gmW {XE JE H$WZ H$mo g‘PmBE & 4
.58/3/2 12
24. State the meaning of ‘Commune’. 1
27. Arrange the following events in chronological order and choose the
correct alternative : 1
(i) Establishment of People’s Republic of China
(ii) Creation of Pakistan
(iii) First Five-Year Plan of India
(iv) First Five-Year Plan of China
Alternatives :
(A) (i), (iv), (ii), (iii)
(B) (iii), (ii), (i), (iv)
(C) (ii), (i), (iii), (iv)
(D) (iv), (iii), (ii), (i)
28. ‘‘Rapid increase in economic growth surely trickles down to the people
under the absolutely poor category.’’ Defend or refute the given statement
with valid arguments. 3
29. ‘‘It is necessary to create employment in the formal sector rather than in
the informal sector.’’ Defend or refute the given statement with valid
arguments. 3
OR
State and discuss any two challenges in the Power sector of India. 3
30. ‘‘India, China and Pakistan have travelled more than seven decades of
developmental path with varied results.’’ Explain the given statement
with valid arguments. 4
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31. ^maVr¶ AW©ì¶dñWm Ho$ ¶moOZm CÔoí¶ Ho$ ê$n ‘| ‘AmYw{ZH$Vm’ Ho$ M¶Z Ho$ Am¡{M˶ H$s
g§jon ‘| MMm© H$s{OE & 4
32. ‘‘H¥${f joÌ Am{W©H$ gwYma à{H«$¶m go à{VHy$b ê$n go à^m{dV hþAm h¡ &’’ {XE JE H$WZ H$m
dU©Z H$s{OE & 4
AWdm
^maV H$mo àm¶… {díd H$m ‘~møàmnU J§V춒 H$hm OmVm h¡ & ^maV H$mo {XE JE Bg Zm‘ Ho$
‘w»¶ H$maUm| H$s MMm© H$s{OE & 4
33. (a) ‘‘J«m‘rU ^maV Ho$ {bE CÁÁdbm ¶moOZm à‘wI n[adV©H$ ahr h¡ &’’ Eogo {H$Ýht VrZ
nma§n[aH$ BªYZm| H$m C„oI H$s{OE, {OZHo$ à¶moJ H$mo H$‘ H$aZo H$s {Xem ‘|
Eb.nr.Or. {gb|S>a {dVaU `moOZm (CÁÁdbm ¶moOZm) H$m¶© H$a ahr h¡ &
(b) ‘‘ñd¶§ H$mo R>rH$ H$aZo Ho$ {bE ^maVr¶ ñdmñ϶ àUmbr H$mo gmd©O{ZH$ 춶 H$s EH$
e{³Vembr IwamH$ H$s Amdí¶H$Vm h¡ &’’ ‘mݶ VH$m] Ûmam {XE JE H$WZ H$m
Am¡{M˶ {gÕ H$s{OE & 3+3
AWdm
(a) {Z`{_V doVZ^moJr H$_©Mm[a`m| _| _{hbmE± H$_ Š`m| h¢ ? 3
(b) ^maV _| H$m`©~b Ho$ joÌr` {dVaU _| hmb H$s àd¥{Îm`m| H$m {díbofU H$s{OE : 3
amoµOJma nÕ{V H$s àd¥{Îm`m± (joÌH$), 1993 – 2012 (à{VeV _|)
joÌH$ 1993 – 94 1999 – 2000 2011 – 12
àmW{_H$ 64 60.4 48.9
{ÛVr`H$ 16 15.8 24.3
godm 20 23.8 26.8
34. (a) ‘‘‘mZd ny±Or {Z_m©U ZdmoËWmZ, Am{dîH$ma VWm VH$ZrH$s gwYmam| H$mo OÝ_ XoVm h¡ &’’
Š`m Amn {XE JE H$WZ go gh_V h¢ ? _mÝ` VH$m] g{hV AnZo CÎma H$m g_W©Z
H$s{OE & 3
(b) ^maV _| J«m_rU {dH$mg H$s à{H«$`m _| J«m_rU ~¢qH$J ì`dñWm H$s ^y{_H$m H$m
AmbmoMZmË_H$ _yë`m§H$Z H$s{OE & 3
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31. Discuss briefly the rationale behind choosing ‘Modernisation’ as a
planning objective for the Indian economy. 4
33. (a) ‘‘Ujjwala Yojana has been a game changer for rural India.’’ State
any three conventional fuels being targeted under the LPG
cylinder distribution scheme (Ujjwala Yojana).
(b) ‘‘The Indian Health System needs a stronger dose of public
expenditure to cure itself.’’ Justify the given statement with valid
arguments. 3+3
OR
(a) Why are less women found in regular salaried employment ? 3
(b) Analyse the recent trends in sectoral distribution of workforce in
India : 3
Trends in Employment Pattern (Sectorwise), 1993 – 2012 (in %)
Sector 1993 – 94 1999 – 2000 2011 – 12
Primary 64 60.4 48.9
Secondary 16 15.8 24.3
Services 20 23.8 26.8
34. (a) ‘‘Human capital formation gives birth to innovation, invention and
technological improvements.’’ Do you agree with the given
statement ? Support your answer with valid arguments. 3
(b) Critically evaluate the role of rural banking system in the process
of rural development in India. 3
.58/3/2 15 P.T.O.