11 T … · 6/12/2016 · 5 oose II. Gon4ru $rrieenor $)r7uqe : 12\1=72 Fill ir the blanks u.ith suitable answers_ 15, u@i,nLnr5@rig, Lr@inLmr56o6ri Lor$$lri Gloneirougl _ gglb. Exchange

$Page 1: 11 T … · 6/12/2016 · 5 oose II. Gon4ru $rrieenor $)r7uqe : 12\1=72 Fill ir the blanks u.ith suitable answers_ 15, u@i,nLnr5@rig, Lr@inLmr56o6ri Lor$$lri Gloneirougl _ gglb. Exchange$
PART-IIIOunlqafl u-reb / ECONOMICS

( pdl$ Lo$gLb qardeu or:g! / Tamil & English Versions)

Gpf Lb : 3 oeofl lTime Allowed : 3 Hours ]

lnstructions:

gtdloll eo rt :

uO51 sl /PART - A

6fl uq : gXcooa.r$5t e$l ernriroqgri gLb o$eo ruafl rioe4 ib.

Note : Answer all the questions.

I. erflun6ir er9arraru$ Gpn$6)g@$g1 ar19g1o.

Choose the corect aisrver for the foliowing :

r. psq Gunlgennpnl peuLb r$f1r,l 5OS6np 6r@$gtarr/Eg6rri. :

(1) €r 60 6ir6gl er9orn&oqgLb erfluno r$)arn6) L6ir6rpri 6r6inLrp6D6nerflunri$51d 6sroiroreqLi. e1+euu$)orglau 6eo p u!11r5 Lr Lg ain +rl arprisainsnamfl u u renfl rLi rrrmrlu no Glprfl o,g6oel 6.

(2) $euLb Jr dD 6Dgt sglUq eorougleoor Lou@Gm erqgglerppgri,et rq&Gon4$euo$6Lb I ueirr @$pGer ain@ Lb. L:rLb --qr-pE(gG uainfleb I ueiiu @$pel1 Lb.

(1) Check the question paper for fairness of I,rinting. II irhere G anv lackoI fairness, inform the Hall Superuisor immediatelv.

(2) Use Black or Blue ink to r^7 te and underline and pe cil to draw diagrams.

6058

14x1=14

No. of Plinted Pages : 11 10865 0

+9' rpeq oairRegisier Number

[ 6Lon$p opnGrainson

[Maximum Marks

: 200

: 200

(si ) .5e1,',r9q@ Lonnorgair

(@) egra oiu r-6lg

(a) Alfred Marshall(c) Adam Smidr

(g) *ngrGerdeein

(rr.) @ouemeb qnr9aireiu

@) Satruelson

(d) Lionel Robbins

The .oncept of Net Econornic WelJare has been given by :

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www.kalvisolai.comwww.Padasalai.Net www.TrbTnpsc.com

http://www.trbtnpsc.com/2014/12/plus-two-12th-old-public-exam-govt.html

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(lDp@n6ifl S5l6)rp6Dp @u$gLi et rqu reor+ e6$l u no o,9 arrrqgorgt

(.s)$lrrrdurn (q) Gpn;pdgrrrir

(8) g'r" (r.r,) @euru Lir

The basic foice that drives the capitalst economy is :

,

(a) Planning

(c) Govemment

(b) Technology

(d) Profit-motive

3. g$arpu rairr gsieq oaop zari$gLb?

(g ) L0u66 eunu.lL:q ereoorriGsir$t

(.cr") eLo'6lmCl r6larer, ureinurr-Gt o6ldl

(6t) .soflnu a5l6l

(r+) gorp$gte Cled @gppeoa.t ru.Loinrnr@ e,9l$1

Single con-lrnodjry consumption mode is:

(a) Production Possibility Cufle

(b) Law o{ Equi-marginal utility

(c) Law of Supply

(d) Law of Diminishing Mar$ml Utility

4. Gpeoo or9$l rarrn$gerg :

(++) 6516D6r,. r6iinr rrr6@ri(g - eron pa oS$ zpaq

(q) or9areu, uainurtusqry&g rairar Gprrl zpeq

(6) @trrlnG,l

(rr) er5leqdle eneu

Lalv of Demand establishes :

(a) Inverse relationship between price and quantity

(b) Positive relationship between price and quantity

(c) Both

(d) None



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5, 4l16fli6oLl $fLonofl&6Lb snqarflsoir :

(st) z$up$ GpngleirgruLb (g) zgu$$1 onTrmflsofleir orSlareusoir

(@l) arrfleqgrn sgt6oss(qDb (r,r.) Gioga,flu eleoeng5lLbFactors determining supply ate :

(a) Production technology @) Prices oI factors of production(c) Taxes and subsidies (d) All the above

6. eLo$)areu or9lareuuilei onar$pein urtueoo et!5lgrsurGt$$luarn :

(er) l.R. p6l?i6iD (.%) I.M. 8€iir6iD

($) qebr9qr Loni'o9r (rr) l.S.6lei.rThe time element in price analysis was irtioduced by :

(a) J.R. Hicks (b) J.M. Keynes

(c) Alfred Ntarshall (d) J.S. MiX

7. z6c+Lr6r.- _ @rg$g Glrf 6e cDqL-g,.(g) C,op,ir (4) zoopL:unorrirLb

(@) $cunrLb ('r-) zSLL$p =+j6oLDULlLabour c"rrnol be separated liom :

(a) Capital (b) I-abouler(c) Profit (d) Organization

8. +rynerfl Lonpne 6leeueq @penne argd,lgLbGrngl dleorslgLb:

(s) TCla (+)TIC//Q (g) rvc/a (r,r) erg1ol16 @6 6o6n

Average Fixed Cost is obtained by dividilg :

(a) TCIQ (b) TIC/Q (c) TVC/Q (d) None

9. parpqu Gunrrlu9oir GpareuiGsir$ @olorng $tig&6Lb :

(.g) GLor Gpnridl erfl$g 6+,r gLb (g) deorLourLons S19riqgLb

fg) 8#Gp-dtd alpg: Gleeign 1r ) Lan gpgn+ Srei,6jrUnder pedect competitiory the demand curue is :

(a) Upward slopiag (b) Horizontal(c) Downward sloping (d) Vetical

[ $11uqo / Turn over



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10. Gune6l ernqLi ereinp s19$$otr q6rflu.ln r

(er) qL6 6iuL6l$ (4) Lonrioleir

(@) flrientGrn (r+) eng:Ga.:ebeeiir

The author of the concept oI quasi-rent is i(a) Adam Smidr (b) Marshall(c) Ricardo (d) Samuelson

11. Gurfl u.lel G u ir6ornpnT$$d arLou.l u r91 q&6leoar :

l*x) org o-atgli Garareuounurr,qLb

(q) o.9leoeuq Lb 61euoflu5@Lb

1$) errq qn uangLb(r) eror6lelenoThe centrai problem il Macto Economics is :

(a) Income arld Employment(b) Price and Output(c) Interest and Money(d) None

12. 61 1t6' {ler o mroiou n -ui :

(s) AS/^Y (+) Apl^y (g) ^a/^y (r)

^c/^yThe Marginal Propensity to consume :

(a) AS/AY (b) AP/aY (c) aQ/AY (d) ^c/^Y

13, C -ng ori;soflrLb za-a- qBrisuuarri ereirug :

(s) M1 (+)M2 (g) M3 (Fr) Ma

Currency with the public is known as i

(a) M1 (b) M2 (c) M3 (d) M4

14. €1786nn6! o9$[i;oLrL:@Lb sLLru-.] eLL6rdrLb 6r6i,TLtgl I

/ ''\ ^ rr ^ .e-) Gl6!rs-D6l orimrLb Lonerflu:Lb\q/ 4 ruu

(g) 6tR (r=) 5L6i,r

The compulsory charge levied by the government i,e i

(a) Licence fees (b) Gifts and crants(c) Tax (d) Loan



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II. Gon4ru $rrieenor $)r7uqe : 12\1=72Fill ir the blanks u.ith suitable answers_

15, u@i,nLnr5@rig, Lr@inLmr56o6ri Lor$$lri Gloneirougl _ gglb.Exchange of goods for goods is known as _.

16. Ltbu66 ornu-,llq eueoorGsn@ _ oorerlLb [email protected] possibility cur.ve is also known as _.

17. 6LDGpn&g orarordGen$t eoLoupeop Gprid;Cl _ [email protected] curves are _ to the origin,

18 60rptrur et$peiugJrieno Gpeoel:Lrr@lb llainr-raoeiro6l at oreu n1g ri .

Goods tiat are demanded for t\eir social prestige come under

19. elrirsrr+{i oneu$$lel gofl Li:qiiGon@The supply curve in the market period is a _ line.

20. 06!g:rb, zarpuqib r$r$$i; orryafl oeir *5gLb.La]ld and labour are called _ Iactors of production.

zr. $gr$lparo G)eeuoq euaoarriGsnL 16.19l _ arqeu$$lel 6r<ry6Cq,b.The marginal cost curve is shaped.

22. 6@!)64r GLrnrLquEl6l 96 $lgreromLbThe perfect competitive firms are _.

za. @grp$loro L0Lr,6$lpd)p6iJr Gonurn@ _ Guruq e$eopu!1eir6rOBG5n6o6n .9lt+LlLl60LuJrsd 6onainrg.Marginal productil,'ity theory is based on the assumption of _ competition.

24. g[Lbu 4ppa8rrlenneb er:gLoneu$$al e1$u$tLb o,grflorn6o$$laiir o,goororrc4

o$arorel .rygb.The magnilied effect of initial investment on income is called efJect.

[ 6lfgrq- / Turn over



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25. uflonEp& eLD6i,rLrnO (MV:PT) 6r6inlr6Dp sr6rfl6poinThe equation of exchange (MV = PT) 'as given by

-.

26, eroinL rgl rdGarE eugloaflou e1q*rir1g o--1gLb or(r6rrrur.meais differett sources of governrnent income.

IIL S$euqgereneuflaopu 6lun6$5te :

2/. A)9@ $prru6D Lrn&

zs. grflunorrfl ein q$liaLir29. qL6Lrtr !6ri,rrLd-n56ir

31. Excess demand

32. Bundle oI risks

34. Technical monopoly

35. Residual claimant theory

36. Y

37, Quantitative credit control

38. Regressive tax

(gr) 6r6obTal

(q) ponGeu

($) GsnGen - Genarn

(eetT)6Do,JI gLril6.nrrir66ir

(a) Arc(b) Hawley

(c) Coco Cola

72x7=72

30. 6)Oll6ir6ri6(Dri6larrGu *oiror r9rlleq (r) oun6ori

31. L6l6o5S Gp6oor (L) C+S

32. @riun@ooflein GpniqLrq (ee) eLopirLoLb

33. 6lLon$p 6l+euaq rer o 'l e,!l9r'L- crlgLb genr r- b

34. GlprddD5llr g:$prfleoLo (q) el:uq 6$p6

35. 6ree Lrfl6oLo a'eSldGsnr-un@ (g) I+6irclu irg6it LrfpLn ."",!ldlo$

36. Y (e) TFC+TVC

37. 5L6ir elererl ouein 6LG\uLrr0 (e) ors

ss. Gpurq oS$ errfl

Match the foJlovting :

27. Fist Nobel Prize

28. Bureaucratic expansioll

29. Luxuries

30, Segment be veen two points (d) Wa&er

(e) C+S

(f) So.ialism

(g) Tax late decreases

(h) Bank rate

(i) Tinbergen and Frisch

(j) TIC+IVC(k) D>s

(1) Diamond jewels



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IV. Lgl6iJr6ugrb o6lorn&oqg6g gfiq 6len$oaflcl odlcor pige. 12x7=72

Answer each of the following questions in a word or two.

39. 61un1gon npn7$$ein GouE 6luurri ereiror ?

What is ttrc other name for Economics ?

40. e16n6!65$sLoirar z$u$$uSiein oflaronor.l u.ln5l ?

What is the }esult of over production ?

41. uul6ijTulrL6DL o]6i)trutg.

Define utility.

42. e-6opuL9l6iir Gpeoeu Glp$lBerfppns Sg&grnGung, 96 Glpripgenorneerpu$o:p ruri$p g:rqu-1lor ?

When $e demand for Labour is inelastjc,.an a Trodp Unjon raise wagec ?

43. 6l6r6Durn6ir @pdLqp(g g19 Lpnrr6rurb Gl6nG.

Give arr example for fixed inputs.

44, e,nu r 6;euoiu zfu$$ enriSarand eog.

State tle Cobb-Douglds proc{ucLion tun(tior.

45. eLogrpile4u qcirafl oroiipneb ereinor ?

\^trhat is break-even point ?

46. MRTP +L,LLb 6rpp +6i,TG @uSpuuru5l ?

In which year the MRTP Act was passed ?

[ $41Lrqo / Turn over

47, @6Dnu - orntrG5lrLl][Lr+6ir q6rflui u-rnri ?

Who is the author of the rent theory of profits ?



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48. l.B. Geu9leir e$eop e61$aru& s,go.State J.B. Say's Law of Market.

49. +1(EorLorl uamri Glsr6iT6os eru6lun19gl oeorlrg qi;ouu@6lpg: ?When is dear money policy lollowed ?

50. Gung16 eueiir ereirugt ereiirai ?1441at is public debt ?

uodl - eSlPARr-B

V. Odlul1 : (i) 6.r5DorGuglrb u$gt orSlarnri;eqg&g orglarruai&eeqri. 10x3=30(ii) @6irG6)rrro er9ar rrq rjr En5iro +rd6l)5] p$gl eufleoflen

si 6D Lo,6Sl L Gou air@ ri.Note i (i) An_6wer any ten of the following questions.

(ii) Answer for each question should be in about four or five lines.

51. ClLrn(D6nrprILb, eooflp6, qenoi u9u.leb 6orp0pfg $eorGuu.l nem69rr ri r9leoow a,ier.:rfl .

Describe the relationship between economics, mathematics arlc{ statistics.

52. 6tbF gg +19lpiru$$gLb onarruu$tLil .9tr+uLr6DLLr rg qrieeoeriaoiru-.tlI6D6U ?

\ 1rat are tie basic issues of any society ?

53, olrnulrLl& Cteeuorl oeinpnol ereiiren ?

What is opportunity cost ?

sa. @g$$leocu uur6inurl$t or9$uSleir @oreeamr$eop or eorlurgrisel Lb.

Deline the Law of Diminishing Marginal Utility.

55. Gparord Gsnunangt eloir SBGpnri;8 er15dlpg ?

Why does the demand curve slope downwards ?



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55. Eo$l6o6D o,9arru eraitpne ooiren ?

What is equilibrium price ?

57, goflurlriGonGt Suri Gluripg6onat snlarfleeh urarer ?

What are the determinants of shift in supply ?

58, Gol6i)6DL-t u(gr.rr-.] (g6op ereinupein Glngoir u.rn5] ?

What is meant by division of labour ?

59. LEISS +nriq eroinpnei ereinen ? eueoour@$gls.

What is production fuaction and what are its classifications ?

60. MC Lo$gri AC-&1g6 @orrGutqohor zpeqeeoenri a,g]e.Mention the relationship between MC and AC.

0f. @gp$leoeui 6lscrlal 6r6inDr6b 6r6ijr6n ?

Define narginal cost.

62. 6unpli6D5 p[ a,eori Genrrn@ ereirug urs] ?

What is standard oI living theory of wages ?

63, 6i6oro or9lgLrlri Genruruq6i,r (r6i,TA Gpn6srioaren6 o,Ee.What are the three motives of liquidity prelerence theory ?

64. L,au$$lain $o6o,ar$ar6 e,ge.Define money.

55. oglu-r fzero Based Budget) 566a.eu J)r{la6i1s , l,.2r6i, ai,.6a ?

What is Zero Based Budget ?

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vI. gflrlq :

Note :

uoo - g)/pARr-c

(i) 6l6oorcurgl6 ggpt a9enndsqgrilg o,9leoruoidoeq Li. 6x1o=60

(n) ger.:Cler ng o96oLL-Llri eO urio 4qaro,51ei +1aro$$r Goroin$tLir.

(i) Anslrer any six of the followhg questiors.

(ii) Ansn er for each question should be about a page.

66. slopi LD 6rL-n 19on npn 9 $Boir peinenooaro e,5 onrigs.

lvhat are tlle merits of socialist economy ?

67, Gp@)orGG6n(D S uLb Cl ru..: rigareu ollaryL:u$g1 rei;r or9artsfgs.

Explain the shifts in de1Trarld with the help of a diagram.

04. g:eupen$$loin Lr6rinlls6norr er flaralr u@$$l erqg5le.

Describe Lhe chdracieristics oi .dpital.

69, AR LDEgllib MR Gon@eaflein $arrGuurnor Lpo]scir 6r(Bgt6.

Explain the relationship between AR and MR curves.

zO. $p$joneur+ Gls"ue,9a-on +1r or eflo d,+$g-eir a.ga.Explain the marginal cost u,ith suitable illustration-

71. g:$p rflarLoaru.rri cu@ n u @$g Lb a-r g! g:arpsci. u naror-r

\44rat are the methods of controiling rnonopoly ?

72. Ga S 6,r stn onq oGl$I-S.ir geo;unQoenerri oaga.

What are dre criticisms of Sav's Law ?

73. f6ir& Gor-u r-qeir €n- bs.66l-p l:uLb er"onpg o9end1ga.

Draw the flow chart to depict the essence of Keynes Theory.

74. 6)rfl6,516luLlri; GJsncheooaru e,llerrfl .

Explain the canons of taxation.



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75. 'Gprig:oerfl' m$gLo 'Loeopg:oeurfloou.l' Geugr@$$6 onr@e .

Differentiate between the d ect and indirect taxes.

6058

u(961 - r./ PART - D

vII. (gdliLl | (i) aeoeuGu:g1Lb elD6trD.t 6,5l6nr&6eD&6 aglarruafl. 3x20=60

(i) €D6rCl6rrrg a9leouqLb greirg u&e +leno$ai .s1mLo$$uGeu an @ n.

Note : (i) Answer any tfuee of the follou.ing questions.

(ii) Aaswer fot each question should be about three pages.

76. 61u ngarnpny$eopn u$fl LonriageSein $a:riear$eop gTnurs.Examine Marshall's delinition of economics.

77. 5loriGornri zufl6ilur LJLrb o,latq$5l etpgtenrul GDdjdlu-l$Stel1 6 LDEETb

$peornuroqsaron or9ordqqs.

Explain colsumer's surplus with the help of a diagram arld bring out its in1poltarlceand its criticism.

78. Gp6D6r o,!1$ullaror o6ler:yLoro orqggo.

Discuss dre law of demand.

79. g:EEfl6DLo Grnrrlu9leu a6loeu, uainrnlseir $riLonerfldsuu@eug creior ngereiruarp or5lerr&69s.

Explair the price and output determination under monopolistic compefitiolL

80. 6L6i,T $1$ arrqd; Genunuqarol o9larrflri;oo4Lb.

Describe loanable funds theory of interest.

81. uanerslio$$eir s noo lLaor. oflerorei-oo eorperr lii sr$u-Q$gln(g)6Dp66i)6n or9arfl6eeq ri.Discuss the causes, eflects and remedies for inJlation.

-o0o-



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11 T … · 6/12/2016 · 5 oose II. Gon4ru $rrieenor $)r7uqe : 12\1=72 Fill ir the blanks u.ith suitable answers_ 15, u@i,nLnr5@rig, Lr@inLmr56o6ri Lor$$lri Gloneirougl _ gglb. Exchange