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# CBSE Class 12 Pre Board 2021 : Economics - Set 2 (CBSE Gulf Sahodaya Qatar Chapter, Doha)

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PRE-BOARD EXAMINATION-2020-21 SUBJECT - ECONOMICS Class: XII (CBSE) Total Marks: 80 Date . Time: 3 hrs. General Instructions: 1. Question paper comprises two sections-A and B. All questions are compulsory. 2. Question number 1-10 and 18-27 are objective type questions carrying 1 mark each. 3. Question number 11-12 and 28-29 are short answer questions carrying 3 marks each. Answers to them should not normally exceed 60-80 words each. 4. Question number 13-15 and 30-32 are also short answer questions carrying 4 marks each. Answers to them should not normally exceed 80-100 words each. 5. Question number 16-17 and 33-34 are long answer questions carrying 6 marks each. Answers to them should not normally exceed 100-150 words each. 6. Answer should be brief and to the point also the above word limits to be adhered as far as possible. SECTION -A (MACROECONOMICS) 1. If in an economy the value of Net Factor Income from Abroad is 200 crores and the value of Factor Income to Abroad is 240 crores. Identify the value of Factor Income from Abroad. (Choose the correct alternative) a) 200 crores b) 160 crores c) 240 crores d) (-) 40 crores 1 2. Stock variable is related to a ______ (point/period) of time. Or Flow variable is related to a _______ (point/period) of time. 1 3. If real GDP is 200 and price index with base 100 is 110, then nominal GDP is: a) 300 b) 250 c) 220 d) 320 1 Read the following and answer the question numbers 4, 5, 6 and 7 on the basis of same: Government of India is facing a large fiscal deficit and interest payment on loans or borrowings. Some economists have suggested raising wealth tax and income tax along with an indirect tax like GST. But rising of direct taxes would have an impact on consumption and aggregate demand. 4. The formula of calculating primary deficit is __________. 1 5. Which one of the following is a combination of direct taxes? a. excise duty and wealth tax b. service tax and income tax c. wealth tax and gift tax 1 Page 1 of 5

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