My EXPERIENCE AT & ABOUT B.D.M.INTERNATIONAL ..!

"SCHOOL DAYS  are really the BEST DAYS of life".....is it so???????

Now,
It’s 31st March…. A.I.S.S.C.E  2012( class-12 boardz exam,CBSE) ends….
Now it’s all over. Just  “a” day left to wear the school dress, i.e. , on the result day.
This will not hurt me so much , but it’ll be very painfull to live without that momentzz we(friends) enjoyed at school right from the Morning to the Afternoon.. Can’t forget the enjoyment at the tutions the whole Eve… It was a daily Schedule for a quite number of years of my life… I thank all those friends who were very kind to make my School-life “WorthWhile”….The best three standards in my school life where a lot of drama (sadness,entertainment,romance,argue,etc.)  took place were Classes- 8; 10; & 12…… will never forget these 3 batches….

There were many moments when I had quarrelled or fought wid my mates.....But they're the "PART & PARCEL" of life....So dont keep all those bitter memeries in life!!.....
I always felt that my friends were very lucky to have me as a friend…….But frankly speaking , after I came to class 12, I felt that I was very lucky to be a part of this batch…
So LOVE & RESPECT for them.. :)

When I talk about B.D.M.International, how can I forget the teachers?? They are responsible for a major portion of who & how  are we now…  Several times we had argued …. Met with some of the very lovable n friendly ; & with some of the “Kharoos” teachers….but my love and respect for each n every  teacher is same.. It is not fake… it comes from the core of my heart…. I’m sure that the teachers also do the same… will miss them too….
total respect for 1 man…….and that is Mr.Arindam Bakshi…..(our Bakshi Sir, finance teacher)

I thank especially to some of the dearest ones who had been really close to my heart…. Few of them are Sohini Sengupta; Sayantika Sengupta; Sayantani; Sonali Sinha; Sonali Mitra; Sreyashi Das; etc….Would take Ishita Das' name separately, coz she was really close to my heart!......Hope all Have a wndrful n successful future ahead… GOD bless!  :)

                                                                                             

For the first time in life ever, I felt that I should follow the guy…He is my brother-like-friend,  Neelanjan Roy…A true gentle-man….Frankly speaking , the best dude I met ever was him….. I thank B.D.M.I, where I got such a gr8 friend..I adore u , man!!!! :D

will really miss some of my friends who were close to me througout the last 2 years..... Ronit,Subir,Sinchan,Rittick,Mainak,Neelanjan,Debarpan,Sunandan,Benny......I hope I've not missed any name... If so plz pardon me... 

 

 

I had been a part of this school for 15 long years.....now when I'm writing all this, though its funny but true, that    I am feeling funny,sad,angry,romantic,etc..etc... It's bcoz all the memories {right from the first class(nursery) to class-12} are swimming together in the lake of my mind!!!

Its a nostalgic feeling....its a great feeling....its the most wondrful feeling!!!! :D

  In case you ever lose all my contacts... here is mine... Mob:-7278747597

    websites: www.supratimbiswas.blogspot.com ; 

                   https://www.facebook.com/supratimbiswas100  

                   www.twitter.com/iamsupratim

                                   do keep contact frnzzzzz.....Below is a Barcode given with my details:-    

                            "SCHOOL DAYS ARE REALLY THE BEST DAYS OF LIFE"

CBSE-ECONOMICS-Boards Question Paper 2008!!

Sample Paper – 2008

Class – XII
Subject – Economics

Time: 3 Hrs Maximum Marks: 100

General Instruction:

(i) All questions are compulsory.

(ii) Questions 1-5 and 17-21 are very short answer questions. Their each part is of one mark. Answer to each of these parts should be written in one sentence.

(iii) Questions 6 to 10 and 22 to 26 are short answer type questions of 3 marks each. Answer to each of these should not exceed 60 words.

(iv) Questions 11 to 13 and 27 to 29 are also short answer questions of 4 marks each. Answer to each of these should not exceed 70 words.

(v) Questions 14 to 16 and 30 to 32 are long answer questions of 6 marks each. Answer to each of these should not exceed 100 words.

(vi) Attempt all parts of questions at one place.

SECTION-A

[INTRODUCTORY MICRO ECONOMICS]

1. What is the relationship between support price, equilibrium price and

control price? (1)

2. What is the shape of AR and MR under perfect competition? (1)

3. How does the TR changes with output when MR is zero? (1)

4. When does a consumer buy more of a commodity at a given price? (1)

5. Who is an entrepreneur? (1)

6. Explain the problem of ‘what to produce’ with the help of a production possibility curve? (3)

7. What is meant by consumer’s equilibrium? State the condition in case of single commodity? (3)

8. Identify the different output levels which make the different stages of the operation of the law of variable proportions from the following data: (3)

Variable Inputs	0	1	2	3	4	5
TP :	0	8	20	28	28	26

9. Explain how supply of a commodity is affected by the prices of other related commodities? (3)

10. Describe the FAD theory of famines. (3)

11. Why is the demand curve facing a firm, perfectly elastic, under perfect competition but, less than perfectly, elastic under monopolistic competition? (4)

12. Fill up the following table:

Average Revenue(Rs.)	No. of units sold	Total Revenue (Rs.)	Marginal Revenue(Rs.)
10 11 12 13 14 15 16	---- 9 ---- 7 ---- 5 ----	100 ---- 96 ---- 84 ---- 64	---- ---- ---- ---- ---- ---- ----

13. The supply schedule of a commodity changes as follows:

Price (in Rs./ kg)	Quantity Supplied Case-A	Quantity Supplied Case-B
1 2 3 4 5	20 40 60 80 100	0 20 40 60 80

(a) Calculate elasticity of supply when price rises from Rs. 2 to Rs. 3 both in case-A and case-B.

(b) Why does elasticity of supply differ in two cases even though absolute change in quantity supplied is 20 units in both the cases? (4)

14. How is equilibrium price of a commodity determined? What happens if the market price is more than the equilibrium price? (6)

15. What is meant by Producer’s equilibrium? Explain the concept of producer’s equilibrium with the help of TR and TC approach (6)

16. “Equilibrium price may or may not change with shift in both demand and supply curves.” Comment.

OR

Mr. Abhishek says that economists say inconsistent things: as price falls, demand

rises, but as demand rises, price rises. Defend or refute. (6)

SECTION-B

[INTRODUCTORY MACRO ECONOMICS]

17. Name any two invisible items of current account of balance of payments. (1)

18. Give any point of difference between macro and micro economics. (1)

19. What is the value of imports when balance of trade is Rs. (-) 400 crores and value of exports is 300 crores? (1)

20. What is subsidy? (1)

21. Define direct tax. (1)

22. Explain any two measures to remedy the problem of excess demand in an economy. (3)

23. State three main sources of demand for foreign currency. (3)

24. Distinguish between gross national income at market price and net domestic income at factor cost. (3)

25. In an economy the actual level of income is Rs. 500 crores where as the full employment level of income is Rs. 800 crores. The marginal propensity to consume is 0.75. Calculate the increase in investment to achieve the full employment level of income. (3)

26. What is meant by fiscal deficit? What are the implications of a larger fiscal deficit? (3)

27. Give any four major functions of a central bank . (4)

28. Explain any two drawbacks of the barter system. How does money help in removing these drawbacks? (4)

29. Distinguish between :

(a) Direct taxes and Indirect taxes.

(b) Revenue receipts and Capital receipts. (4)

30. From the following information, calculate gross national product at factor cost by

(a) income method (b) expenditure method . (3, 3)

(Rs. in crores)

(i) Factor income from abroad 10

(ii) Compensation of employees 150

(iii) Net domestic capital formation 50

(iv) Private final consumption expenditure 220

(v) Factor income to abroad 15

(vi) Change in stock 15

(vii) Employers contribution to social security scheme 10

(viii) Consumption of fixed capital 15

(ix) Interest 40

(x) Exports 20

(xi) Imports 25

(xii) Indirect taxes 30

(xiii) Subsidies 10

(xiv) Rent 40

(xv) Government final consumption expenditure 85

(xvi) Profit 100

30. Distinguish between :

(i) Domestic product and national product.

(ii) Intermediate goods and final goods.

(iii) Factor income and transfer receipts. (6)

31. Explain with the help of diagrams that equilibrium level of income and employment

is not necessary at a full employment level. (6)

CBSE Question Paper 2009 for Class 12 - Economics

CBSE Question Paper 2009 for Class 12 - Economics

Instructions for CBSE Question Paper :

(i) All the questions in both are sections are compulsory.

(ii) Marks for questions are indicated against each.

(i) Questions Nos. 1-5 and 17-21 are very short-answer questions carrying 1 marks each. They are required to be answered in one sentences each.

(iii) Question Nos. 6-10 and 22-26 are short-answer question carrying 3 marks each. Answer to them should normally not exceeds 60 words each.

(iv) Question Nos. 11-13 and 27-29 are also short-answer questions carrying 4 marks each. Answer to them should normally not exceeds 70 words each.

(v) Question Nos. 14-16 and 30-32 are long-answer questions carrying 6 marks each. Answer to them should normally not exceed 100 word each.

(vi) Answer should be brief and to the point and the above word limits should be adhered to as far as possible.

Section – A

1. Give two example of Microeconomics studies.

2. When is the demand of a commodity said to be inelastic ?

3. Define fixed cost.

4. What causes a downward movement along a supply curve ?

5. Define monopoly.

6. Why does an economic problem of ‘what to produce’.

7. Distinguish between a normal good and an inferior good. Give example in each case.

8. How is the price elasticity of demand of commodity effected by the number of its substitutes ? Explain.

9. Explain the meaning of ‘increase in supply’ and ‘increase in quantity supplied’ with the help of a shedule.

10. Why is a firm under Perfect Competition on a price-taker ? Explain.

11. Complete the following table :

Output	Average Variable	Total Cost	Marginal Cost
(Units)	Cost (Rs.)	(Rs.)	(Rs.)
1	….	60	20
2	18	….	….
3	….	….	18
4	20	120	….
5	22	….	….

OR

Complete the following table :

Output	Average Variable	Total Cost	Marginal Cost
(Units)	Cost (Rs.)	(Rs.)	(Rs.)
4	9	36	….
5	….	….	4
6	….	42	….
7	6	….	….
8	….	40	….

12. Commodities X and Y have equal price elasticity of supply. the supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Calculate the percentage fall in supply of Y if its price fall by 8 percent.

13. From the following Schedule find out the level of output at which the producer is in equilibrium. Give reasons for your answer.

Output	Price	Total Cost
(Units)	(Rs.)	(Rs.)
1	24	26
2	24	50
3	24	72
4	24	92
5	24	115
6	24	139
7	24	165

14. Explain the causes of a rightward shift in demand curve of a commodity of an individual consumer.

OR

Explain the condition of consumer’s equilibrium in case of (i) Single commodity and (ii) two commodities. Use utility approach.

15. Giving reasons, state whether the following statement are true or false :

(i) When there are diminishing returns to a factor, Total product always decreases.
(ii) Total product will increase only when marginal product increases.
(iii) Which marginal revenue is zero, average revenue will be constant.

16. With the help of diagram explain the effect of “decrease” in demand of a commodity on its equilibrium price and quantity.

For blind candidates only in lieu of Q.No.16

Define equilibrium price. How is it affected by a “decrease” in demand of a commodity ?

Section – B

17. Why is repayment of a loan capital expenditure ?

18. What is meant by excess demand in Macroeconomics ?

19. What can be the minimum value of investment multiplier ?

20. Define bank rate.

21. Define involuntary unemployment.

22. Complete the following table :

Income	Saving	Marginal	Average
		Propensity to	Propensity to save
		Consume
0	-12
20	-6	….	….
40	0	….	….
60	6	….	….

23. State any three points of distinction between Central Bank and Commercial Banks.

24. How can a government budget help in reducing inequalities of income ? Explain.

25. Explain the circular flow of income.

OR

Distinguish between intermediate products and final products. Give examples.

26. List the items of the current accounts of balances of payments account. Also define ‘balance of trade’

27. Explain the meaning and two merits of fixed foreign exchange rate.

OR

Explain two sources each of demand and supply of foreign exchange.

28. State the four functions of money. Explain any one of them.

29. Distinguish between :

(i) Direct tax and indirect tax
(ii) Revenue deficit and fiscal defict

30. How will you treat the following while estimating domestics factors of India ? Give reasons for your answer.

(i) Remittance from non-resident Indian to their families in India.
(ii) Rent paid by the embassy of Japan in India to a resident Indian.
(iii) Profits earned by branches of foreign bank in India.

31. Given consumption function C = 100 + 0.75 Y (where C = consumption expenditure and Y = national income) and investments expenditure Rs. 1000, Calculate :

(i) Equilibrium level of national income.
(ii) Consumption expenditure at equilibrium level of national income.

OR

What changes will take place to bring economy in equilibrium if

(i) planned saving are greater than planned investment and
(ii) planned saving are less than planned investment.

32. Calculate “gross national product at factor cost” from the following data by (i) Income method, and (ii) expenditure method :

		(Rs. in Crores)
(i)	Private final consumption expenditure	1,000
(ii)	Net domestics capital formation	200
(iii)	Profits	400
(iv)	Compensation of employees	800
(v)	Rent	250
(vi)	Government final consumption expenditure	500
(vii)	Consumption of fixed capital	60
(viii)	Interest	150
(ix)	Net current transfer from rest of the world	(-)80
(x)	Net factors income from abroad	(-)10
(xi)	Net exports	(-)20
(xii)	Net indirect taxes	80

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