 Posted by Anjali Kaur on Nov 01, 2021 # Sample Paper 5 – Economics, Class XII

Sample Paper 5 – Economics, Class XII, this post is in continuation to the previous post, sample paper 4.

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## a) 0.01 b) 1 c) 0.1 d) 0.4

Solution. Reserve requirement =?

The formula for total deposit creation = Initial Deposit x Money Multiplier

Money Multiplier (MM or K) = 1/ CRR times

CRR is the same as the reserve requirement.

Money Multiplier = 4000/400 = 10

CRR/RR = 1/10 = 0.1

## d) Diversification reduces the proportion of unemployed population in the rural areas to considerable limits.

Solution. c) Objective of investment in new agricultural avenues (non-farm activities) increases financial risks for the rural population

## 28. Define agricultural marketing.

Solution. Agricultural marketing covers the services involved in moving an agricultural product from the farm to the consumer.

## d) D-iv

Solution. c) C-iii

## 30.

On the basis of the above-mentioned information answer the following question:

The Real Per Capita Income of India (as per the given data) has increased by _______________ (approximately) between 1951 and 2016-17. (Fill up the blank with correct alternative)

a) 915% b) 1015 % c) 815% d) 715%

Solution. Real Per Capita Income = Change in Real Per Capita Income divided by original or base year real per capita income x 100

Real Per Capita Income = (77,659 – 7,651) / 7651 x 100

Real Per Capita Income = 70008/ 7651 x 100

Real Per Capita Income = 915%

## a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).c) Assertion (A) is true but Reason (R) is false.d) Assertion (A) is false but Reason (R) is true.

Solution. d) Assertion (A) is false but Reason (R) is true.

## d) Statement 2 is true and Statement 1 is false

Solution. a) Both the statements are true.

## d) Statement 2 is true and Statement 1 is false

Solution: c) Statement 1 is true and Statement 2 is false

## 4. c,d,b,a

Solution: 4. c,d,b,a

## a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).c) Assertion (A) is true but Reason (R) is false.d) Assertion (A) is false but Reason (R) is true.

Solution: d) Assertion (A) is false but Reason (R) is true.

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