SET-1

Series AABB1/2 àíZ-nÌ H$moS>

Q.P. Code 58/2/1
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$db àíZ-
Am¡a Bg Ad{Y Ho$ 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

58/2/1 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$) Am` {d{Y Ûmam amîQ´>r` Am` H$m AmH$bZ H$aVo g_` AnZmB© OmZo dmbr {H$Ýht Xmo
gmdYm{Z`m| H$m CëboI H$s{OE & 2
AWdm
(I) CËnmXZ H$m _yë` d _yë` d¥{Õ _| A§Va ñnîQ> H$s{OE & 2

2. (H$) l{_H$ OZg§»`m AZwnmV H$mo n[a^m{fV H$s{OE d BgH$s Cn`mo{JVm H$m CëboI
H$s{OE & 2
AWdm
(I) amgm`{ZH$ Cd©aH$m| Ho$ à`moJ Ho$ {H$Ýht Xmo hm{ZH$maH$ à^mdm| H$m CëboI H$s{OE & 2

3. (H$) {ZåZ{b{IV H$WZ H$m Am¡{MË` {gÕ H$s{OE :

H$sÝg Ho$ AW©emñÌ Ho$ {gÕm§Vm| Ho$ A§VJ©V, nyU© amoµOJma H$s pñW{V H$m hmoZm EH$
Amdí`H$ eV© h¡ & 2
AWdm
(I) AZ¡pÀN>H$ ~oamoµOJmar EH$ Eogr pñW{V h¡, Ohm± H$m`© H$aZo Ho$ A{ZÀNw>H$ d gj_
ì`{º$ H$mo àM{bV _µOXÿar Xa na H$m_ Zht {_bVm h¡ &
go gh_V h¢ ? g§jon _| ñnîQ> H$s{OE & 2

58/2/1 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) State any two precautions to be adopted while estimating National

Income by Income Method. 2
OR
(b) Distinguish b O A 2

2. (a) 2
OR
(b) State any two harmful effects of using chemical fertilizers. 2

3. (a) Justify the following statement :

2
OR
(b) Unemployment is a situation where an able bodied
person unwilling to work does not get work at the prevailing wage
2

58/2/1 3 P.T.O.
4. {Û-joÌH$ AW©ì`dñWm _| g_J« _m±J Ho$ {H$gr EH$ KQ>H$ H$m CëboI d {ddoMZ H$s{OE & 2

5. EH$ H$mën{ZH$ AW©ì`dñWm Ho$ {bE Am` Ho$ g§VwbZ ñVa H$s JUZm H$s{OE, `{X `h {X`m
J`m hmo {H$ :
(H$) Cn^moJ \$bZ, C = 500 + 0·80 Y
Ohm± C = Cn^moJ, Y = Am`
(I) ñdm`Îm {Zdoe (Io) = < 1,000 2

6. {ZåZ{b{IV Am± , ^maV d MrZ H$s AW©ì`dñWmAm| Ho$ {H$Ýht Xmo _mnX§S>m|
H$s VwbZm H$s{OE : 3

H«$.g§. _X| ^maV MrZ

(i) _mZd {dH$mg gyMH$m§H$ (HDI) (_yë`) 0·609 0·727

(ii) HDI (a¢H$) 130 90

(iii) OÝ_ Ho$ g_` OrdZ àË`mem (dfm] _|) 68·2 75·8
à{V ì`{º$ gH$b Kaoby CËnmX
(iv) 5,730 13,572
(GDP) (PPP $ US)
: HDI 2014 WDI

7. (H$) EH$ Cn`wº$ CXmhaU H$m Cn`moJ H$aVo hþE, Xmohar JUZm H$s g_ñ`m na g§jon _|
MMm© H$s{OE & 3
AWdm
(I) EH$ Cn`wº$ g§»`mË_H$ CXmhaU H$m Cn`moJ H$aVo hþE, dmñV{dH$ gH$b Kaoby CËnmX
(Real GDP) d _m¡{ÐH$ gH$b Kaoby CËnmX (Nominal GDP) Ho$ ~rM A§Va
ñnîQ> H$s{OE & 3

8. EH$ H$mën{ZH$ AW©ì`dñWm _|, `{X {Z`mo{OV ~MV {Z`mo{OV {Zdoe go H$_ hmo, Vmo
amoµOJma d Am` _| H$_r AmVr h¡ &
? C{MV ñnîQ>rH$aU Ûmam AnZo CÎma H$m g_W©Z
H$s{OE & 3

9. ñ\$s{VH$mar A§Vamb H$mo n[a^m{fV H$s{OE & CëboI H$s{OE {H$ {H$g àH$ma gaH$ma H$amYmZ
Zr{V H$m à`moJ H$aHo$ ñ\$s{VH$mar A§Vamb H$s pñW{V H$mo {Z`§{ÌV H$a gH$Vr h¡ & 3

58/2/1 4
4. State and discuss any one component of Aggregate Demand in a
two-sector economy. 2

5. Calculate the Equilibrium level of Income for an imaginary economy, if it

is given that :
(a) Consumption function, C = 500 + 0·80 Y
where C = Consumption, Y = Income
(b) Autonomous Investments (Io) = < 1,000 crore 2

6. Based on the given data, compare any two parameters for the economies
of India and China : 3
S.
Items India China
No.
(i) Human Development Index (HDI) (Value) 0·609 0·727

(ii) HDI (Rank) 130 90

(iii) Life Expectancy at Birth (in years) 68·2 75·8

(iv) GDP per capita (PPP $ US) 5,730 13,572

Source : HDI Report 2014 & WDI

7. (a)
example. 3
OR
(b) Distinguish between Real Gross Domestic Product and Nominal
Gross Domestic Product, using a suitable numerical example. 3

8. , planned savings fall short of planned

Do you agree with the given statement ? Support your answer with a
valid explanation. 3

9. Define Inflationary Gap. State, how the government can control the
situation of inflationary gap, using the taxation policy. 3

58/2/1 5 P.T.O.
10. ^maV d nm{H$ñVmZ Zo bJ^J EH$ hr g_` na AnZr {dH$mg `mÌm Amaå^ H$s Wr, {\$a
^r XmoZm| AW©ì`dñWmAm| Zo n¥WH²$-n¥WH²$ Xÿ[a`m± V` H$s h¢ &
_mÝ` VH$m] Ûmam {XE JE H$WZ H$s nw{îQ> H$s{OE & 3
11. `{X ì`` {d{Y Ed§ Am` {d{Y Ûmam gmYZ bmJV na gH$b Kaoby CËnmX (GDPfc) H$m _yë`
< 370 (?) H$m AZw_mZ bJmBE : 5

H«$.g§. _X| am{e

(< )
(i) H$_©Mm[a`m| H$m nm[al{_H$ 175

(ii) {ZOr A§{V_ Cn^moJ ì`` 210

(iii) gm_m{OH$ gwajm `moOZmAm| _| {Z`moº$mAm| H$m `moJXmZ 50

(iv) ewÕ AàË`j H$a 20

(v) ewÕ {Z`m©V ( ) 20

(vi) gaH$mar A§{V_ Cn^moJ ì`` ?

(vii) àMmbZ A{Yeof ?

(viii) gH$b Kaoby ñWm`r ny±Or {Z_m©U 70

(ix) ñd-{Z`mo{OVm| H$s {_{lV Am` 40

(x) ñQ>m°H$ _| n[adV©Z 60

(xi) ñWm`r ny±Or H$m Cn^moJ 70

12. (H$) (i) {ZåZ{b{IV H$m AW© ~VmBE :

(I) d¡pídH$ é½UVm ^ma 1
(II) _¥Ë`w Xa 1
(ii) g§jon _| MMm© H$s{OE {H$ {Z`{_V doVZ^moJr amoµOJma
hmoVr h¢ & 3
AWdm
(I) (i) ì`m»`m H$s{OE {H$ gmYmaUV: {Z`{_V doVZ^moJr H$_©Mm[a`m| H$s g§»`m
ehar joÌm| _| J«m_rU joÌm| H$s VwbZm _| h¡ & 3
(ii) ^maV _| gmd©O{ZH$ ñdmñÏ` XoI^mb àUmbr H$s {H$Ýht Xmo _w»` H${_`m|
H$m CëboI H$s{OE & 2

58/2/1 6
10.

Justify the given statement with valid arguments. 3

11. Estimate the missing values (?), if the value of Gross Domestic Product at
factor cost (GDPfc) by Expenditure Method and Income Method is
< 370 crore : 5
S. Amount
Items
No. (in < crore)
(i) Compensation of Employees 175

(ii) Private Final Consumption Expenditure 210

(iii) 50
Schemes
(iv) Net Indirect Taxes 20

(v) Net Exports ( ) 20

(vi) Government Final Consumption Expenditure ?

(vii) Operating Surplus ?

(viii) Gross Domestic Fixed Capital Formation 70

(ix) Mixed Income of Self-employed 40

(x) Change in Stock 60

(xi) Consumption of Fixed Capital 70

12. (a) (i) State the meaning of the following :

(I) Global burden of disease 1
(II) Mortality Rate 1
(ii) Discuss briefly, why less women are found in regular
salaried employment. 3
OR
(b) (i) Explain why regular salaried employees are generally more
in urban areas than in rural areas. 3
(ii) State any two main drawbacks of public health care system
in India. 2
58/2/1 7 P.T.O.
 Ho$g/òmoV AmYm[aV àíZ

13 13 :

df© 2020 H$m Ama§^, {H$gr gXr _| EH$ ~ma hmoZo dmbr _hm_mar Ho$ gmW hþAm, {Og_| àW_
n§{º$ Ho$ H$m`©H$Vm©Am| Zo H$mo{dS>-19 go _mZd OrdZ H$mo ~MmZo Ho$ {bE AWH$ à`mg {H$E &
_hm_mar Zo AW©ì`dñWm Am¡a gm_m{OH$ joÌm| _| H$B© àH$ma H$s g_ñ`mE± CËnÞ H$s Wt &
gaH$mam| Zo, g^r ñVam| na, g_`~Õ VarH$m| go _hm_mar H$m à{V-CÎma {X`m &
^maV _| _¥Ë`w Xa 1·5% go ^r H$_ ahr & ^maV AnZr à^mdr Zr{V-à{V{H«$`mAm| Ho$ H$maU
bmIm| bmoJm| H$s OmZ ~MmZo _| gj_ ahm & 2020 21 _| _hm_mar O{ZV g_ñ`mAm| d
Vmbm~§Xr Ho$ H$maU AmOr{dH$m Ho$ ZwH$gmZ H$mo H$_ H$aZo Ho$ {bE gmd©O{ZH$ ì`` _| d¥{Õ
H$s JB© Wr &
Vmbm~§Xr H$s Ad{Y _| g§J{R>V joÌ _| {JJ BH$moZmo_r (Gig Economy) VWm dH©$ \«$m°_
hmo_ (Work From Home) _| d¥{Õ XoIr JB© h¡ & Amd{YH$ l_ ~b gd}jU (PLFS)
{anmoQ>© 2018 19 Ho$ AZwgma, 2017 18 Ho$ 47·14 ©Mm[a`m| H$s VwbZm _|
2018 19 _| Hw$b 48·78 ©Mm[a`m|
1·64 H$m`©~b _| go 1·22 0·42

_{hbm l_ ~b H$s ^mJrXmar Xa 2017 18 _| 17·5% 2018 19 _| 18·6%

hmo JB© Wr & 20 {Xg§~a, 2020 VH$ H$_©Mmar ^{dî` {Z{Y g§JR>Z (EPFO) Ho$ ewÕ doVZ
(noamob) Am± 2018 19 _| 61·1 bmI H$s Anojm 2019 20 _| 78·58 bmI Ho$ ZE
J«mhH$m| H$s ewÕ d¥{Õ àX{e©V H$aVo h¢ & PLFS [anmoQ>© Zo ^r 2019 20 H$s Mm¡Wr {V_mhr
H$s VwbZm _| 2020 21 H$s Mm¡Wr {V_mhr _| gwYma {XIm`m h¡ &
nwéf H$m`©~b Ho$ AZwnmV H$mo Ü`mZ _| aIVo hþE, AmH$pñ_H$ H$_©M mar H$s g§»`m _| 1% H$s
H$_r hþB©, O~{H$ ñd-{Z`mo{JVm| d doVZ^moJr H$_©Mm[a`m| _| H«$_e: 0·6% VWm $0·4% H$s d¥{Õ
hþB© h¡ & Bgr àH$ma, _{hbm H$m`©~b Ho$ g§X^© _|, ñd-{Z`mo{OVm| _| 2% H$s d¥{Õ hþB© h¡,
{Z`{_V/doVZ^moJr H$_©Mm[a`m| _| 0·7% d AmH$pñ_H$ H$_©Mm[a`m| _| 1·4% H$s H$_r AmB©
h¡ &
2020 21, 10

58/2/1 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 :

Year 2020 began with the once-in-a-century pandemic, which saw the
frontline workers working tirelessly to save human lives from COVID-19.
The pandemic caused its ripples on the economy and on social sectors.
Governments, at all levels, intervened in a timely manner to respond to
the pandemic.

India has one of the lowest case fatalities rates of less than 1·5%. India
has been able to save lakhs of lives through its effective policy responses.
Public spending on social sector was increased in 2020 21 to mitigate
the hardships caused by the pandemic and the loss to livelihood due to
the lockdown.

e organised sector. As per the Periodic Labour

Force Survey (PLFS) report 2018 19, there was an increase in
workforce totalling 48·78 crores in 2018 19 as compared to 47·14 crores
during 2017 18. Out of 1·64 crores increased workforce, 1·22 crores were
in rural sector and 0·42 crores in urban sector.

The female labour force participation rate increased from 17·5% in

2017 18 to 18·6% in 2018
Provident Fund Organisation (EPFO) as on 20th December, 2020 shows a
net increase of new subscribers of 78·58 lakhs in 2019 20 as compared
to 61·1 lakhs in 2018 19. The PLFS report also showed improvement in
2020 21 (Quarter 4) when compared to 2019 20 (Quarter 4).

Considering the proportion of the male workforce, casual labour

decreased by 1% points, while self-employed and salaried workers
increased by 0·6% points and 0·4% points respectively. Similarly, in case
of female workforce, self-employed increased by 2% points, regular/wage
salaried workers decreased by 0·7% points and casual labour decreased
by 1·4% points.

Source : Economic Survey 2020 21, Volume II, Chapter 10 (excerpt)

58/2/1 9 P.T.O.
13. (H$) df© 2020 21 H$s Mm¡Wr {V_mhr Ho$ {bE, ^maV _| H$m`©~b H$s àH¥${V/{dVaU H$m
{díbofU H$s{OE & 2

(I) _hm_mar Ho$ Xþîà^mdm| H$mo {Z`§{ÌV H$aZo Ho$ {bE gaH$ma Ûmam CR>mE JE {H$Ýht Xmo
H$X_m| H$m CëboI d {ddoMZ H$s{OE & 3

58/2/1 10
13. (a) Analyse the nature/distribution of Indian workforce for the fourth
quarter of the year 2020 21. 2

(b) State and discuss any two initiatives taken by the Government to
control the adverse impacts of the pandemic. 3

58/2/1 11 P.T.O.