Page 1
S.No. Name Designation
1.Mrs. Neelam Vinayak (Team Leader)
V. Principal G.G.S.S. Deputy Ganj Sadar Bazar Delhi-110006
2. Mr. S.P.S. Rathi P.G.T. (Economics)Rajkiya Pratibha Vikas VidyalayaBT Block Shalimar Bagh Delhi-110088
3. Mr. Sanjeev Kumar P.G.T. (Economics)G.B.S.S.S. NO. 2Ghonda Delhi-110053
4. Mr. Ajay Kumar P.G.T. (Economics)R.P.V.V. Nand Nagri Delhi-93
1 Economics-XII
Page 2
2013,
100 3 (A)
4 .1
18 .2
18 .3
10 .4
.5
50
15 .1
12 .2
8 .3
8 .4
7 .5
50
100
2Economics-XII
Page 3
(B)
10 10 1 (VSA) 1
30 10 3 (SA I) 2
24 6 4 (SA II) 3
36 6 6 (LA) 4
100 32
(C)
(Scheme of Options) (D)
4 3 6
(E)
30% .1
50% .2
20% .3
3 Economics-XII
Page 4
5 .1
10 .2
23 .3
40 .4
48 .5
50 .6
74 .7
80 .8
93 .9
101 .10
110
4Economics-XII
Page 5
1 -
(a)
(b)
1
2
3
(PPC)
5 Economics-XII
Page 6
(a)
MRT (b)
PPC
PPC
(MRT)
(MRT)
1 1
2
3
4
5
6
7
8
6Economics-XII
Page 7
H.O.T.S
9
10
11
12
3-4 1
2
3
4
5
6
7
H.O.T.S
8
9
(a)
(b)
(c)
10
7 Economics-XII
Page 8
11
MOC 12
0 100 A
1 95 B
2 85 C
3 70 D
4 50 E
5 25 F
1
2
(MRT) 3
4
5
6
MRT 7
8Economics-XII
Page 9
8
9
10
11
12
3
MOC 13
— A
5 B
10 C
15 D
20 E
25 F
9 Economics-XII
Page 10
2 -
—
(satisfaction) —
—
—
—
—
—
—
y x (MRS)
—(Indifference Curve)
10Economics-XII
Page 11
1
2
3
4
(a)
MUX = PX (i)
x MUX x PX
(ii)
(Indifference Curve) (b)
(i)
(ii)
x Y
(iii)
—
—
—
—
11 Economics-XII
Page 12
(a)
(b)
(c)
(d)
(e)
1 1
2 2
3 3
4 4
5 5
12Economics-XII
Page 13
—
—
ed > 1 –1-
ed = 1 –2- ed < 1 –3-
=
= P = P
= Q = Q
= P
= Q
= P
= Q
= ED
13 Economics-XII
Page 14
ED =
(a)
(b)
(c)
(d)
(e)
(f)
14Economics-XII
Page 15
1 1
2
3
4
5
6
7
8
9
10
11
12
13
(Monotonic Preferences) 14
15
16
X X 17
18
19
20
15 Economics-XII
Page 16
21
22
23
24
X 25
26
27
H.O.T.S
28
29
x 30
31
32
3-4
1
2
3
4
X (a)
16Economics-XII
Page 17
X (b)
X (c)
5
6
7
X 8
9
10
(i)
(ii)
(iii)
11
12
(i)
Y (ii)
X (iii)
13
14
(i)
(ii)
15
(a)
17 Economics-XII
Page 18
(b)
(c)
16
17
18
23
(a)
(b)
6 12 7 20
72
10 9 9 10 21
24 20 5 22
120
10 2 23
10 (-)1
2000 20 –0.5 24
10%
18Economics-XII
Page 19
H.O.T.S.
25
26
(ii) (i)
(iv) ? = MU (iii)
27
(a)
(b)
28
Y X 29
30
31
32
33
6 1
2
3
19 Economics-XII
Page 20
4
5
6
(a)
(b)
7
8
H.O.T.S.
9
(a)
(b)
10
11
(a)
(b)
(c)
11
(i)
(ii)
(iii)
20Economics-XII
Page 21
1
1
2
3
4
= MUX = PX 5
6
7
8
9
10
11
12
13
14
21 Economics-XII
Page 22
15
16
"X" 17
18
19
20
21
22
23
24
25
26
27
HOTS
28
29
30
31
— 32
—
22Economics-XII
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3 -
AP =
(TP)
MP =
(R)
—
— (A)
— (B)
— (C)
23 Economics-XII
Page 24
1
2
3
4
(TC) (AC) (MC)
TC = TFC + TVC
X
TFC = TC – TVC
TFC = AFC Q
24Economics-XII
Page 25
TVC = TC – TFC
TVC = AVC Q
AC = AFC + AVC
AFC = AC – AVC
AVC = AC – AFC
MC = TVCn – TVC(n – 1)
TCTVC -xTFC
25 Economics-XII
Page 26
TR =(AR) × Q
TR = MR
X (i)
(ii)
TR MRAR
MR MR AR (i)
26Economics-XII
Page 27
AR MR (ii)
TR MR MR TR (iii)
TR MR
(A)
MC MR (a)
(b)
—
—
—
—
—
— 27 Economics-XII
Page 28
1
2
3
4
5
—
Sx = f(Px, T, NF, GP, Ex)
—
= ED
1
2
—
X X
28Economics-XII
Page 29
(A)
(A)
(B) (B)
(C) (C)
(D) (D)
(E) (E)
29 Economics-XII
Page 30
1
1
2
(MP) 3
4
5
6
7
8
9
10
X 11
12
13
14
15
16
17
18
19
30Economics-XII
Page 31
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
Y 35
36
37
38
20% 10% 39
31 Economics-XII
Page 32
H.O.T.S.
1
2
X 3
4
5
6
X 7
8
40° 9
10
11
12
3-4
1
2
3
4
32Economics-XII
Page 33
5
6
'U' 7
8
9
(A)
(B)
(C)
10
11
12
13
(Rs.) (Rs.) (Rs.) 30 ___ 90 1
___ ___ ___ 2___ ___ ___ 3___ 30 180 4
20 3 14
3 2 1
32 28 30 (Rs.)
33 Economics-XII
Page 34
15
(Rs.) (Rs.) (Rs.) 20 60 ___ 1
___ ___ 18 218 ___ ___ 3
___ 120 20 4___ ___ 22 5
16
17
18
19
20
21
(a)
(b)
40 20 A 1:1.5 B A 22
11 10 B
23
H.O.T.S
1
2
34Economics-XII
Page 35
3
4
(A)
MRAR (B)
5
(A)
(B)
6
(A)
AVC AC (B)
7
8
9
(a)
(b)
10
6
1
2
3
(A)
35 Economics-XII
Page 36
(B)
MC = AC (C)
4
(A)
(B)
(C)
5
(a)
(b)
(c)
1
1
2
3
AP MP 4
5
6
—
7
8
9
36Economics-XII
Page 37
10
11
12
13
14
15
16
17
18
19
AFC 20
21
= 1 22
2
23
24
25
2 1 26
27
28
37 Economics-XII
Page 38
29
30
31
32
33
34
35
36
37
38
%
(ES) 39
%
H.O.T.S
1
2
(TFC) 3
38Economics-XII
Page 39
4
5
6
7
8
9
10
(Profit margin) 11
12
39 Economics-XII
Page 40
4-
OX
40Economics-XII
Page 41
(Monopoly Market)
(Ed < 1)
(Monopoly Competition)
(Oligopoly)
41 Economics-XII
Page 42
1
2
XMRAR
MRAR
42Economics-XII
Page 43
1
2
3
4
5
6
7
8
9
(cartel) 10
AR 11
12
13
14
15
16
17
H.O.T.S.
1
2
43 Economics-XII
Page 44
3-4
1
2
3
4
5
6
7
8
9
10
H.O.T.S.
MA < AR MR = AR 11
12
13
14
15
6 1
44Economics-XII
Page 45
2
(i)
(ii)
3
4
5
6
7
8
9
(i)
(ii)
1
1
2
3
(i) 4
(ii)
45 Economics-XII
Page 46
5
6
7
8
9
10
AR 11
12
13
14
15
16
17
H.O.T.S.
MR AR 1
3-4
13
46Economics-XII
Page 47
6
6
47 Economics-XII
Page 48
5-
(i)
(ii)
OX OY
OX OY
1
2
3
4
5
48Economics-XII
Page 49
1
2
3
4
5
6
49 Economics-XII
Page 50
6-
= –
50Economics-XII
Page 51
(i)
(ii)
(iii)
(iv)
GDPMP
GDPMP NDPMP
NDPMP = GDPMP –
(NDPFC)
(GNPMP )
GNPMP
51 Economics-XII
Page 52
(NNPMP)
NNPMP = GNPMP –
(NNPFC)
NNPFC = NDPFC + NFIA =
(a)
(b)
(NNPMP) (NDI)
NDI = NNPMP +
= + + (Gross NDI)
= GNPMP + (Net NDI)
= NNPMP + NDI –
GNPMP + 52Economics-XII
Page 53
(NNPFC)
+ + + + +
+ + +
+ + +
+ –
+ = 1
– = (GVAMP) 2
NVAMP = GVAMP – 3
NVAFC = NVAMP – 4
(NDPFC)
53 Economics-XII
Page 54
(GDPMP)
(NDPFC)
+ + +
54Economics-XII
Page 55
55 Economics-XII
(PDI) +
+
+
+
+
–
–
–
–
NDPFC
NNPFC
–
–
–
NFIA +
Page 56
1 1
2
56Economics-XII
(PDI) +
NNPFC
NDPFC
+
+
+
+
–
–
–
–
–
–
–
NFIA +
Page 57
3
NPPFC NDPMP 4
5
6
7
8
(ii) (i)
(iv) (iii)
GNP 9
GNP 10
H.O.T.S.
NVAMP NVAFC 11
(Shares) 12
13
14
GDP 15
16
= _________ (i)
= _________ (ii)
= _________ (iii)
57 Economics-XII
Page 58
3 1
2
3
4
5
6
7
(ii) (i)
(iv) (iii)
(vi) (v)
8
9
10
(i)
(ii)
11
12
W.H.O (i)
(ii)
13
58Economics-XII
Page 59
(i)
(ii)
H.O.T.S.
14
15
(a)
(b)
16
(Operating surplus) 17
18
6
1
(a)
(b)
(c)
2
(a)
(b)
(c)
59 Economics-XII
Page 60
3
4
5
(a)
(b)
(c)
6
7
8
(a)
(b)
(c)
9
10 (i)
150 (ii)
25 (iii)
50 (iv)
05 (v)
10
(i)
(ii)
(iii)
60Economics-XII
Page 61
11
(i)
(ii)
(iii)
12
(i)
(ii)
(iii)
(ii) GDP (i) 1
130 (i)
100 (ii)
90 (iii)
120 (iv)
(–)10 (v)
500 (vi)
20 (vii)
10 (viii)
30 (ix)
160 (x)
61 Economics-XII
Page 62
(GNPFC) (b) (a) 2
500 (i)
1850 (ii)
100 (iii)
1100 (iv)
2600 (v)
400 (vi)
200 (vii)
500 (viii)
(–) 100 (ix)
1100 (x)
(–) 50 (xi)
250 (xii)
3900
B A 3
(a)
(b)
20 (i)
62Economics-XII
Page 63
1000 A (ii)
2000 B (iii)
(–) 200 B (iv)
50 A (v)
100 A (vi)
180 B A (vii)
120 B A (viii)
500 A (ix)
600 B (x)
70 B (xi)
[ 1370 ]
(b) CDPFC (a) 4
600 (i)
200 (ii)
2800 (iii)
300 (iv)
1600 (v)
400 (vi)
150 (vii)
50 (viii)
100 (ix)
63 Economics-XII
Page 64
240 (x)
400 (xi)
(–) 30 (xii)
FITA = 90 Crore (b) GDPFC = 2600 Crore (a)
(b) (NNPFC) (a) 5
10 (i)
60 (ii)
90 (iii)
80 (iv)
70 (v)
100 (vi)
40 (vii)
30 (viii)
50 (ix)
10 (x)
1100 (xi)
1470 = GNDI (b)NNPFC = 1320 (a)
(b) (GDPMP) (a) 6
500 (i)
40 (ii)
1500 (iii)
2500 (iv)
64Economics-XII
Page 65
90 (v)
300 (vi)
400 (vii)
120 (viii)
250 (ix)
650 (x)
700 (xi)
50 (xii)
FIFA = 120 GDPMP = 3050
(b) (GDPMP) (a) 7
6150 (i)
– (50) (ii)
3000 (iii)
800 (iv)
900 (v)
1300 (vi)
300 (vii)
800 (viii)
850 (ix)
50 (x)
300 (xi)
80 (xii)
130 = FIFA (b) 6400 = GDPMP (a)
65 Economics-XII
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(b) (a) 8
212 (i)
2500 (ii)
180 (iii)
500 (iv)
80 (v)
23 (vi)
100 (vii)
20 (viii)
70 (ix)
30 (x)
(b) (a) 9
300 (i)
750 (ii)
150 (iii)
120 (iv)
200 (v)
220 (vi)
(–) 20 (vii)
700 (viii)
66Economics-XII
Page 67
50 (ix)
150 (x)
20 (xi)
950 (b) 950 (a)
(NVAFC) 10
600 (i)
200 (ii)
1800 (iii)
100 (iv)
200 (v)
75 (vi)
600 (vii)
450 (viii)
75 (ix)
150 (x)
80 (xi)
20 (xii)
50 (xiii)
1375
(c) (b) (a) 11
100 (i)
80 (ii)
500 (iii)
67 Economics-XII
Page 68
30 (iv)
65 (v)
20 (vi)
10 (vii)
20 (viii)
5 (ix)
150 (x)
15 (xi)
405 (c) 425 (b) 520 (a)
1
1
= –
2
3
4
5
6
7
(ii) (i) 8
(iv) (iii)
68Economics-XII
Page 69
9
10
NVAFC 11
13
NDP 14
15
GDP 16
= + NFIA (i) 17
= – – (ii)
= – – (iii)
6 GDPFC (i) 1
VI + II – VII + X – I
500 + 100 – 20 + 160 – 130
760 – 150 = 610
NND1 (ii)
610 – (160 – 120) – 30 + 130 – 10
740 – 80 = 660
69 Economics-XII
Page 70
GNPFC = 2
(ii) + (vi) + (viii) + (x) + (xi) = (a)
1850 + 400 + 500 + 1100 + (–50) = NNPFC
3800 =
3800 + 100 = 3900 = GNPFC
(i) + (iii) + (iv) + (v) + (ix) + (xi) – (xii) = (b)
500 + 100 + 1100 + 2600 + (–100) + (–50) – 250 =
3900 =
GVAMP A 3
1000 – 50 – 500 = 450
GVAMP B
2000 – 200 – 600 = 1200
GVAMP
450 + 1200 = 1650
NNPFC = 1650 + 50 – 120 + 20 = 1370
(GDPFC) 4
NDPFC = (v) + (ii) + (iv) + (vi)
= 1600 + 200 + 300 + 400
= 2500
GDPFC = NDPFC + CFC
CFC = GDCF – NDCF (NFCF + S)
= 600 – (400 + 100) = 100
GDPFC = 2500 + 100 = 2600
70Economics-XII
Page 71
GNPMP = GDPFC + NFIA + NIJ
2800 = 2600 + NFIA + 240
NFIA = – 40
NFIA = FIFA – FIPA
–40 = 50 – FIPA
FIPA = 90
(NNPFC) 5
(xi) + (vi) + (vii) + (x) – (viii) – (ix) + (i) + (ii) + (iv) =
1100 + 100 + 40 + 10 – 30 – 50 + 10 + 60 + 80 =
1320 =
(GNDI) NNPFC + (iii) + (v) – (i) =
1320 + 90 + 70 – 10 =
1470 =
GDPMP (a) 6
NDPFC = (ii) + (v) + (vi) + (vii)
= 1500 + 500 + 300 + 400
= 2700
GDPMP = NDPFC + CFC + NIT
CFC = (GFCF + S) – 650
= (700 + 50) – 650
= 100
NIT = 250
GDPMP = 2700 + 100 + 250
= 3050
71 Economics-XII
Page 72
(FIFA) (b)
GNPFC = GDPMP + NFiA – NIT
280 = 3050 + NFIA – 250
NFIA = 0
NFIA = FIFA – FIPA
0 = FIFA – 120
FIFA = 120 Crore
(GDPMP) 7
NDPFC = (iii) + (iv) + (v) + (vi)
= 3000 + 800 + 900 + 1300 = 6000
GDPMP = NDPFC + CFC + NIT
CFC = GDCF – NDCF
= (GFCF + S) – NDCF
= (850 + 50) – 800
= 100
NIT = 300
GDPMP = 6000 + 100 + 300 = 6400 Crore
FIFA
GNPFC = GDPMP + NFIA – NIT
6150 = 6400 + NFIA – 300
NFIA = 50
NFIA = FIFA – FIP
50 = FIFA – 80
FIFA = 130
72Economics-XII
Page 73
(ii) + (iii) + (viii) = (NNDT) 8
2500 + 180 + 20 =
2700 =
(ii) – (iv) + (vii) + (viii) + (x) – (ix) – (v) =
2500 – 500 + 100 + 20 + 30 – 70 – 80 =
2000 =
9
(ii) + (x) + (vi) + (vii) – (ix) + (xi) + (iv) = 750 + 150 + 220 + (–20) – 50 + 20 – 120 =
950 =
(i) + (v) + (viii) – (iii) – (iv) + (xi) =
300 + 200 + 700 – 150 – 120 + 20 =
950 =
(ii) + (iii) + (v) – (i) – (iv) – (vi) = NVAFC 10
200 + 1800 + 200 – 600 – 100 – 75 – 50 =
1375 =
(vii) + (viii) + (ix) + (x) + (xi) + (xii) =
600 + 450 + 5 + 150 + 80 + 20 =
1375 =
520 – (i) 11
425 – (ii)
405 – (iii)
73 Economics-XII
Page 74
7-
(Double Coincidence) 1
2
3
4
5
(i)
(ii)
(iii)
74Economics-XII
Page 75
1
2
3
4
75 Economics-XII
1 2
3
NSC
Page 76
1
2
3
4
5
6
CRR = R K
1 1
M1 2
3
4
5
6
7
8
76Economics-XII
Page 77
CRR 9
LLR 10
11
12
13
H.O.T.S.
14
3-4 1
2
3
4
5
CRR SLR CRR SLR 6
7
8
9
H.O.T.S.
10
77 Economics-XII
Page 78
11
12
13
6 1
2
3
4
1
1
(RBI) : 2
3
4
(ii) (i) 5
6
7
78Economics-XII
Page 79
(ii) (i) 8
(%) 9
(CRR)
10
(SLR) 11
(i) 12
(ii)
13
M1 = C + DD + OD
M2 =M1 + M3 =M1 +
M4 =M3 + (NSC)
H.O.T.S.
14
79 Economics-XII
Page 80
8-
(AD)
(C) (i)
(F) (ii)
(G) (iii)
(X-M) (iv)
AD = C + I
AS = C + S
AS = Y
C = F(Y) (C) (Y)
= C
= Y
= F
APC (i)
MPC (ii)
80Economics-XII
Page 81
APC
APC > 1 APC (i)
APC = 1 (ii)
APC < 1 (iii)
APC (iv)
APC (v)
(MPC)
MPC
1 MPC 1
MPC = 1 C = Y
MPC = 0.1 C = 0
MPC 2
APS APS 3
APS 4
S = f (Y)
= f = Y = S —
81 Economics-XII
Page 82
S = S + MPS(Y)
= S
MPS APS
(APS)
APS 1
S = 0 C = Y APS 2
APS APS 3
(Dissaving)
APS 4
(MPS)
MPS
S = Y MPS = 1 1
S = 0 MPS = 0 2
(APC)
APC + APS = 1
Y = C + S
82Economics-XII
Page 83
Y
1 = APC + APS
APS APC APS = 1 – APCAPC = 1– APS
(MPS)
MPS 1 MPC MPC + MPS = 1
1
Y = C + S
Y = C + S
Y
1 = MPC + MPS
MPC = 1 – MPS
MPS = 1 – MPC
1 MPS MPC
1
2
1
83 Economics-XII
Page 84
2
AD = ASS = I
AS AD
84Economics-XII
Page 85
AS (AD)
(AD)
1
1
2
3
APC 4
MPC 5
(Autonomous Consumption) 6
7
8
9
10
APC APS = 0.6 11
(Ex-ante) 12
MPS MPC 13
14
85 Economics-XII
Page 86
15
16
17
(CRR) 18
19
20
H.O.T.S. 21
22
23
24
100 MPC = 25
3-4 1
2
3
4
5
6
86Economics-XII
Page 87
7
8
9
0 1 (i)
(ii)
10
(i)
1 (ii)
(ii) (i) 11
12
13
14
15
16
(MPS) (MPC) 17
60 APC 9 50 18
MPS APC 9
MPC = 0.7 500 5000 19
87 Economics-XII
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20
APS APC MPC — — — –(80) 0
— — 0.7 — 100
— — 0.7 — 200
— — 0.7 — 300
125 0.8 21
S = – 40 + 0.25 Y 60 22
23
24
25
H.O.T.S
26
AD > AS 27
C = 100 + 0.64 Y 28
29
S = – 10 + 0.2 Y
I = – 3 + 0.1 Y
30
100 =
88Economics-XII
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0.70 =
1000 =
31
100 = 0.80 =
50 =
6 1
2
3
4
5
6
7
8
= Y = S S = –50 + 0.5 Y 9
700
(i)
(ii)
89 Economics-XII
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800 = Y = C C = 100 + 0.75 Y 10
(i)
(ii)
11
C = 100 + 0.5 Y
APC
6H.O.T.S.
12
1 13
14
15
16
1
1
2
90Economics-XII
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3
4
5
6
7
(Break even point) 8
9
APC + APS = 1 10
APC = 1 – APS = 1 – 0.6 = 0.4 11
12
13
MPS + MPC = 1, MPS = MPC
MPC = 0 1 K 14
MPC = 1 K 15
16
17
18
91 Economics-XII
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19
20
21
22
23
24
25
Y = KI
= 2 × 100
= 200
92Economics-XII
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9-
31
1
2
3
4
(a)
(b)
93 Economics-XII
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Disinvestment)
1
2
1
2
94Economics-XII
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1
2
1
2
– =
1
2
3
> =
1
2
3
– =
=
1
2
95 Economics-XII
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3
> =
=
1
1
2
3
4
5
6
7
8
(Capital Exp.) 9
10
11
12
15000 25,000 13
14
96Economics-XII
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15
16
H.O.T.S.
17
5000 800000 18
(Disinvestment) 19
20
3-4 1
2
3
4
5
6
7
8
9
10
97 Economics-XII
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3-4H.O.T.S.
11
12
13
14
(i)
(ii)
(iii)
(iv)
(c) (b) (a) 15
120 (i)
100 (ii)
80 (iii)
70 (iv)
140 (v)
30 (vi)
16
(i)
(ii)
17
98Economics-XII
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1
1
2
3
4
5
6
7
8
9
10
11
(ii) (i) 12
= + 13
= 25000 + 15000
= 40000
14
15
16
17
50000 18
99 Economics-XII
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(Disinvestment) 19
20
3-4
(ii) (i) 15
(iv) (iii)
100Economics-XII
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10-
(Current A/c) (Capital A/c)
1
2
3
1
2
3
4
5
101 Economics-XII
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1 1
2 2
3
4
1
2
3
4
5
102Economics-XII
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(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
(iii)
(iv)
(i)
(ii)
(iii)
103 Economics-XII
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1
1
2
3
500 300 4
5
6
7
8
9
10
11
12
13
14
15
104Economics-XII
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16
17
18
19
20
21
22
23
24
25
H.O.T.S.
26
27
28
29
30
3-4 1
105 Economics-XII
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2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
H.O.T.S.
20
106Economics-XII
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21
22
23
24
25
BOP (i)
BOP (ii)
6
1
2
3
1
1
2
3
800 4
5
(ii) (i) 6
107 Economics-XII
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7
8
9
10
11
12
13
(i) 14
(ii)
(i) 15
(ii)
(i) 16
(ii)
(i) 17
(ii)
(i) 18
(ii)
19
20
108Economics-XII
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21
22
23
24
25
H.O.T.S. 1
26
27
28
29
30
109 Economics-XII
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(set-I)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
6 3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
110Economics-XII
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1 4
1 5
3 6
3 7
3 8
3 9
3 10
4 11
400 20% X Y X 12
8% Y 500
4
4 13
6 (2) (1) 14
6 15
(i)
(ii)
(iii)
111 Economics-XII
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6 16
(i)
(ii)
1 (Capital Exp.) 17
1 18
1 19
1 20
1 21
3 22
3 (Circular Flow) 23
3 24
3 25
112Economics-XII
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3 26
4 27
(i)
(ii)
1 100 28
4
4 29
6 30
31
(i)
(ii)
(iii)
6 B A 32
(a)
113 Economics-XII
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(b)
20 (i)
1000 A (ii)
2000 B (iii)
(–) 200 B (iv)
50 A (v)
100 A (vi)
180 B A (vii)
120 B A (viii)
500 A (ix)
70 B (x)
114Economics-XII
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(set-II)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
115 Economics-XII
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1 4
1 5
3 6
20 7
3 20 (–1)
3 8
3 9
10
3
4 11
4 12
4 13
6 14
6 15
16
6
116Economics-XII
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(i)
(ii)
(iii)
1 17
1 18
1 (Capital Goods) 19
1 GDP 20
1 (LRR) 21
3 22
3 23
1000 10,000 24
3 0.7 3 25
3 GDP 26
4 27
6 28
(i)
(ii)
117 Economics-XII
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4 29
(i)
(ii)
6 30
(i)
CRR (ii)
(i)
Margin Requirement (ii)
6 31
6 32
GDP (i)
(ii)
260 (i)
200 (ii)
180 (iii)
240 (iv)
(–)20 (v)
1000 (vi)
40 (vii)
12 (viii)
60 (ix)
320 (x)
118Economics-XII
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(set-III)
100 3
(i)
(ii)
1 2117 51 (iii)
3 2622 106 (iv)
60
4 2927 1311 (v)
70
3230 1614 (vi)
100
(vii)
1 1
1 2
1 3
119 Economics-XII
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1 (Price Maker Firm) 4
1 5
3 6
3 7
3 8
3 9
3 10
11
4
6 12 7 12
72 4 4 13
6 14
6 15
(i)
(ii)
120Economics-XII
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16
6
1 17
1 18
1 19
1 20
1 21
3 22
2000 (i)
10 (ii)
100 (iii)
150 (iv)
600 (v)
400 (vi)
1000 (vii)
500 (viii)
9450
121 Economics-XII
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3 23
3 24
3 25
3 26
100 =
0.75 =
500 =
4 27
(i)
(ii)
4 28
(LRR)
4 29
6 30
6 31
122Economics-XII
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6 (b) (GDPMP) (a) 32
35 (i)
500 (ii)
750 (iii)
10 (iv)
150 (v)
100 (vi)
(–)15 (vii)
20 (viii)
10 (ix)
50 (x)
5 (b) 795 (a)
123 Economics-XII
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1 -
3-4
1
2
(i)
(ii)
3
124Economics-XII
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4
Y X 1X+10Y
X 2 Y 2X
2X:1Y 2Y
5
— (Labour Intensive Technique) (i)
—(Capital Intensive Technique) (ii)
125 Economics-XII
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2 -
3-4
1
2
Y X 3
(i)
Y X
X
Y
126Economics-XII
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(ii)
4
— (i)
— (ii)
5
–
–
6
(i)
(ii)
(iii)
127 Economics-XII
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(iv)
7
— 0 0
8 8 1
6 14 2
4 18 3
2 20 4
0 20 5
–2 18 6
(i)
(ii)
(iii)
8
128Economics-XII
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6
1
(i)
(Convex) (ii)
(iii)
2
(i)
MRS (ii)
Y X (i)
X X
MRS
X
129 Economics-XII
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MRS
MRS (ii)
E
130Economics-XII
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3 -
3-4
1
10 1 1
24 2 1
42 3 1
2
1
2
3
4
1
2
-x 3
4
3
131 Economics-XII
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MC AVCAC
AVC ACMC (i)
MC AVC AC MC (ii)
AVC ACMC AVC AC MC (iii)
AVC AC (iv)
4
132Economics-XII
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AFC AVC (i)
AFC AC AVC AC (ii)
AFC AVC AC (iii)
AFC AVC AC (iv)
5
MR AR (i)
MR AR (ii)
AR MR (iii)
6
1
2
3
4
1
2
3
4
133 Economics-XII
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7
8
(A)
(B)
9
6
1
134Economics-XII
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(i)
(Maximum)
(ii)
(iii)
3 3 1 1
4 7 2 1
5 12 3 1
4 16 4 1
3 19 5 1
2 21 6 1
1 22 7 1
0 22 8 1
–1 21 9 1
135 Economics-XII
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C A
B D
B
—
—
—
136Economics-XII
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2
(i)
(ii)
(iii)
5 4 1
4 4 2
3 4 3
4 4 4
5 4 5
5 10 1
4 8 2
3 6 3
4 4 4
5 2 5
137 Economics-XII
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(i)
(ii)
—
138Economics-XII
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4 -
3-4
1
2
3
4
5
139 Economics-XII
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6
(i)
(ii)
(iii)
(i)
(ii)
(iii)
7
— (Price Discrimination)
— (Product Differentiation) 140Economics-XII
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8
1
2
3
4
1
2
3
4
9
1
2
3
4
1
2
3
4
10
–
(i)
(ii)
141 Economics-XII
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(iii)
(iv)
(v)
6
1
2
142Economics-XII
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3
(i)
(ii)
(iii)
4
143 Economics-XII
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6-
1
1
2
(Capital Goods) 3
4
GDP
5
GDP GDP
6
144Economics-XII
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3-4
1
1000 (i)
30 (ii)
1000 (iii)
12000 (iv)
3000 (v)
2000 (vi)
2500 (vii)
3500 (viii)
2
600 (i)
400 (ii)
2000 (iii)
10 (iv)
(–)50 (v)
10000 (vi)
500 (vii)
145 Economics-XII
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3
800 (i)
20 (ii)
1600 (iii)
400 (iv)
(–)500 (v)
1000 (vi)
8000 (vii)
4
(i)
(ii)
(i)
(ii)
5
(i)
(ii)
(i) (ii)
146Economics-XII
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6
(i)
(ii)
(i)
(ii)
7
—
—
8
(i)
(ii)
(i)
(ii)
9
(i)
(ii)
(Financial Capital) (i) (Services) (goods)
(ii)
147 Economics-XII
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6
1
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
(a)
(b)
(c)
148Economics-XII
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(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
2
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
149 Economics-XII
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(iii)
(iv)
(v)
3
(i)
(ii)
NFIA (iii)
(iv)
(i)
(ii)
NFIA (iii)
(iv)
150Economics-XII
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7-
3-4
1
2
3
4
(Financial Advisor)
151 Economics-XII
Page 152
6
1
(i)
LRR (ii)
LRR = 20% (2) 1000 = (1) –
(3)
800 200 1000 800
640 16020% 800 1800
152Economics-XII
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8-
3-4
1
0.75 = (MPC) 2
75
700 C = 300+0.8Y 3
C = 300 + 0.8Y
Y = C + 1
Y = 300 + 0.8Y + 700 = Rs. 1250
153 Economics-XII
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4
(i)
(ii)
5 MPC > MPS (iii)
(MPS) (iv)
1 (v)
1 (vi)
1 K = 1/1–MPC = 1/1–0 = 1 MPC = 0 (i)
APS (ii)
MPC > 0.8 (iii)
0.8 0.5 MPC
MPS S = 0 MPS = S/Y (iv)
K = 1/1–MPC = 1/1–0 = 1 (v)
APC + APS = 1 (vi)
5
MPC K = 1/1–MPC
consumption
154Economics-XII
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6
1
(ii) (i)
2
(ii) (i)
3
LRR (ii) (i)
(i)
155 Economics-XII
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LRR (ii)
(consumption) 75 4
1000
(i)
(ii)
MPC = 75% = 75/100 3/4
MPS = 1–3/4 = 1/4
K = 1/MPS = 4
(i)
(ii)
12000 5
20000 3:1 12000 =
MPC:MPS = 3:1
20000 =
156Economics-XII
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9-
3-4
1
2
3
1
157 Economics-XII
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2
3
1
2
3
4
1
2
3
1
2
3
5
1
2
3
158Economics-XII
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1
2
3
6
– =
(i)
(ii)
(iii)
159 Economics-XII
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10-
1
2
3
4
5
6
7
8
160Economics-XII
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9
(i)
(ii)
(iii)
10
161 Economics-XII
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162Economics-XII
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163 Economics-XII