Economics Quiz for Class 1
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Questions and Answers

What is the format of the question paper for Economics (030) Class 12?

  • 20 Multiple Choice Questions, 4 Short Answer Questions, 6 Short Answer Questions, 4 Long Answer Questions (correct)
  • 25 Multiple Choice Questions, 3 Short Answer Questions, 5 Short Answer Questions, 2 Long Answer Questions
  • 15 Multiple Choice Questions, 6 Short Answer Questions, 4 Short Answer Questions, 5 Long Answer Questions
  • 10 Multiple Choice Questions, 5 Short Answer Questions, 7 Short Answer Questions, 6 Long Answer Questions

How many sections are there in the Economics question paper?

  • 4
  • 3
  • 1
  • 2 (correct)

What is the nature of the consumption curve according to the given statements?

  • Downward sloping curve
  • Upward sloping straight line curve (correct)
  • Irregular curve
  • Horizontal curve

How many Short Answer Questions of 4 marks each are there in the paper?

<p>6 (D)</p> Signup and view all the answers

What is the total marks of the question paper?

<p>80 (D)</p> Signup and view all the answers

What is the total number of Multiple Choice Questions in the Economics question paper?

<p>20 (D)</p> Signup and view all the answers

How many Short Answer Questions of 6 marks each are there in the paper?

<p>4 (A)</p> Signup and view all the answers

What is the nature of the consumption curve based on the given statements?

<p>Upward sloping straight line curve (B)</p> Signup and view all the answers

What is the nature of the Aggregate Demand curve based on the given statements?

<p>Parallel to Consumption curve (C)</p> Signup and view all the answers

What is the assumption about Marginal Propensity to Consume in the given statements?

<p>Constant (C)</p> Signup and view all the answers

Flashcards

Economics Paper Format

20 MCQs, 4 Short (3 marks), 6 Short (4 marks), 4 Long (6 marks).

Sections in Paper?

The Economics question paper has 2 sections.

Consumption Curve Shape

An upward-sloping straight line.

Short Answer (4 Marks)

There are 6 questions of 4 marks each.

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Total Paper Marks

The total marks for the paper is 80.

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Number of MCQs

The paper includes 20 questions.

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Long Answer (6 Marks)

There are 4 questions of 6 marks each.

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Aggregate Demand Curve

Parallel to the Consumption curve.

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MPC Assumption

Marginal Propensity to Consume is constant.

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Study Notes

Format of Economics Question Paper (Class 12)

  • The Economics question paper consists of three sections.

Sections and Marks Distribution

  • Total marks of the question paper: 80
  • Section A: Multiple Choice Questions (MCQs) - 1 mark each, total 20 marks
  • Section B: Short Answer Questions (SAQs) - 4 marks each, total 24 marks
  • Section C: Short Answer Questions (SAQs) - 6 marks each, total 36 marks

Characteristics of Curves

  • Consumption curve: downward sloping
  • Aggregate Demand curve: downward sloping

Assumptions and Concepts

  • Assumption about Marginal Propensity to Consume (MPC): MPC is constant

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Test your knowledge of Economics with this sample question paper for Class 1

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