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Economics Class - XII 1998 (CBSE)
You are on questions of Set
III
SECTION A
Q 6. Will the following be included in national
income? Give reasons;
(i) Gift Tax
(ii) Scholarship given by the
government to poor students.
Q 12. Calculate compensation of employees from the
following data;
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(Rs. in Lakhs) |
(i) Value of output
(ii) Intermediate
Consumption
(iii) Net indirect taxes
(iv) Consumption of
fixed capital
(v) Operating surplus
(vi) Profits |
500
100
20
10
270
100
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Q 13. Calculate gross national product at market
price from the following data;
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.(Rs. in Lakhs) |
(i) Wages & Salaries
(ii) Net Capital formation
(iii) Exports
(iv) Imports
(v) Gross Capital formation
(vi) Exployees' contribution to
social security
(vii) Net factor income from abroad
(viii)
Rent & interest
(ix) Profits
(x) Indirect taxes
(xi)
Subsidies |
500
100
50
60
120
20
(-)10
250
400
50
10 |
Q 15. From the following data calculate national
income;
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..(Rs. in Crores) |
(i) Change in
stocks
(ii) Government final consumption expenditure
(iii)
Private final consumption expd. in domestic market
(iv) Exports
(v) Imports
(vi) Direct purchases abroad by resident
households
(vii) Net factor income from abroad
(viii)
Indirect taxes
(ix) Subsidies
(x) Net capital formation
(xi) Consumption of fixed capital 20 |
20
200
400
30
40
30
(-)20
40
20
100
20 |
Q 16 How is the expenditure on gross capital
formation measured?
Q 17 Explain any five precautions that should be
taken while estimating national income by income method.
Q 20 What can be the maximum value of marginal
propersity to save?
Q 33 The price of a commodity is Rs. 10 per unit and
the quantity demanded at this price is 50 units. Its price falls to Rs. 6
per unit. How much will be its quantity demanded at the new price of the
coefficient of its price elasticity of demand is 0.5?
Q 34 Explain any two fiscal measures to check excess
demand in an economy.
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