Sample Paper Bihar Board Class XII Economics
(Set-1)
1- Which one is true?
(A) GNP = GDP + Depreciation (B) NNP = GNP + Depreciation
(C) NNP = GNP – Depreciation) (D) GNP = NNP – Depreciation
2- Which one of the following is included in flow?
(A) Consumption) (B) Investment (C) income (D) All
the above
3- Price of commodity is determined at a point where–
(A) almond exceeds (B) Supply exceeds
(C) demand equals supply (D) None of these
4-For every market which condition has to be fulfilled for firm's
equilibrium?
(A) AR = MC (B) MR = MC
(C) Me should cut MR from below (D) both b and C
5- In which market AR = MR
(A) monopoly (B) monopolistic competition
(C) both a and b (D) Perfect competition
6- With the increases in Production the difference between total fixed
cost:
(A) remains constant (B) increases
(C) decreases (D) both increase and decreases
7- If the price of the goods rises say 40% and Supply increases by only 15%
the supply of goods will be:
(A) Higher elastic (B) Elastic
(C) Inelastic (D) Perfectly inelastic
Get Your Dream Job. SUBMIT YOUR RESUME Online.| CLASS-X | Class XII | AIEEE | AIPMT | ICSE | Results | Tips | Videos | Answer Keys | IIT-JEE | Subjects | JOBS | HOTS | Download |
Email Newsletter 
FREE SMS ALERTS | 
Join at FACEBOOK , 
TWITTER.