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Model Question Paper 2022
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CLASS – XI
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PART – I
DURATION – 3 HRS

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CHOOSE THE BEST ANSWER [20 X 1 = 20]
1. The basic problem studied in Economics is __________

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A. Unlimited wants
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B. Unlimited means
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2. Which theory in generally included under microeconomics ?

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A. Price theory
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B. Income theory
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C. Employment theory D. Trade theory

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A. Adam Smith wwww B. Marshal wwww
3. The concept of consumer surplus is associated with __________
C. Robbins D. Richardo

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A. Vertical

A. JB Clark
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4. The indifference curve are ___________
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B. Horizontal

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B. Schumpeter
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C. Knight
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D. Negative slope
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5. Who said that one of the key of entrepreneurship is uncertainty bearing ?
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D. Adam Smith

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6. The long run production function is explained by _________
A. law of demand B. law of supply C. return to scale D. law of variable proportion

7. Marginal revenue is the addition made to the ___________

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A. total sales B. total revenue
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8. When the price remained constant, AR will be____________ MR
A. equal to
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B. greater than
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C. less than
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9. The price discrimination will always lead to ___________
A. increase in output B. increases in profit C. different prices D. B and C
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10. In which market form there is absense of competition prevail ?

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A. perfect competition B. Monopoly
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11.The concept of Quasi - Rent is associated with ___________
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S. MOHANASUNDARAM, P.G. Asst. in Economics, Ranipet District. Cell : +91 9486938878

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12. Money wages are also known as __________
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A. real wage B. nominal wage C. original wages D. Transfer wages
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13. Who among the following propagated Gandhian economic thinking ?
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A. Jawaharlal Nehru B. V K R V Rao C. J.L. Kumarappa D. A.K. Sen

14. Thiruvallur economic ideas was mainly dealt with ______

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A. Wealth B. poverty in the curse of society C. agriculture D. All of them

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15. The father of Green revolution in India was _________
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A. M.S. Swaminathan B. Gandhi C. Visweswaraiah D. N.R. Viswanathan
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A. Planning CommissionPP
16. The PQLI was developed by __________
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C. MorrisP D. Morrised Biswajeet
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17. The main objective of nationalisation of bank was __________

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A. Monopoly
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A. private social welfare

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B. social welfare

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18. There is no excess capacity under _____________
B. monopolistic competition
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C. to earn

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C. Oligopoly
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D. Industries monopoly

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D. perfect competition

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19. Cost function are also known as ___________ function
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A. production
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C. demand
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20. The concept of electricity demand was introduced by
A. Ferguson B. Keynes C. Adam Smith D. Marshal

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ANSWER ANY 7 – QUESTION NO. 30 IS COMPULSORY
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21.
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Define microeconomics.
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What are goods ?
Define utility.
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24. Name the basic approaches to consumer behaviour

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25. Define labour
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Define cost
What is selling cost ?
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What is meant by distribution ?

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Write the meaning economic growth ?
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What is the difference between HDI and PQLI ? P
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S. MOHANASUNDARAM, P.G. Asst. in Economics, Ranipet District. Cell : +91 9486938878

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Kindly send me your Questions & Keys to this email id - padasalai.net@gmail.com - Whatsapp No: 7358965593 .N
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www.Padasalai.Net
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PART – III
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ANSWER ANY 7 – QUESTION NO. 40 IS COMPULSORY [7 X 3 = 21]
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Explain different types of economic activities
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32. Distinguish between micro and macro economics
33. Describe the feature of human wants
34. What are the characteristics of wants ?

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35. What are the functions of entrepreneur ?

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State the difference between money cost and real cost
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What are the features of market ?
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38. What are the kinds of wages ?
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39.
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Write a short note on Village Sarvodaya
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State the reasons for nationalisation of commercial bank

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ANSWER ALL THE QUESTIONS :
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PART – IV
[ 7 x 5 = 35 ]

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(B) Elaborate the nature and scope of Economics
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41. (A) Compare and contrast various definitions of Economics or

42. (A) Explain the law of demand and its exceptions or

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(B) Elucidate law of diminishing marginal utility with diagram
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43. (A)Examine the law of variable proportion of the help of diagram or
(B) Bring out the feature of a perfect competition

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44. (A) How the output and prices are determined under perfect competition or
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(B) Illustrate the Richardian theory of rent
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45. (A) Explain the strong features of Indian economy or
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(B) Write a brief note on Gandhian economics ideas
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46. (A) If total cost = 10 + Q3 find out AC, AVC, TFC, AFC when Q = 5 or
(B) Discuss the short run cost curve with suitable diagram
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47. (A) Explain the role of small scale industry in economic development or
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(B) Explain the objectives of nationalization of Commercial banks
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S. MOHANASUNDARAM, P.G. Asst. in Economics, Ranipet District. Cell : +91 9486938878

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Kindly send me your Questions & Keys to this email id - padasalai.net@gmail.com - Whatsapp No: 7358965593 .N