First Year Past Papers Punjab Boards 2023, Principles of Economics Paper Annual 2023 Subjective New Course Paper 2023 Group 2nd Bahawalpur Board, Past Papers Group Second, First Annual Examination 2023 Solved Questions with Answers download Pdf Bahawalpur Board.
11th Class Principles of Economics Important Short and Long Question Paper Group First Annual 2023 conducted in Bahawalpur Board in District Rahimyarkhan, Bahawalnagar and Bahawalpur. This Principles of Economics Long Question paper was given by students enrolled in Session 2020-2022, 2021-2023, 2022-24.
Very Important Short Questions of Principles of Economics 1st Year are here which are part of Annual Examination 2023. Mostly MCQs are too much important for PPSC Exam.
This 11th Class Principles of Economics Question paper Bahawalpur Board was given by students enrolled in Session 2020-2022, 2021-2023, 2022-24.
Students must visit our website for Paper Pattern newly upgraded and Time Management during the Paper inside Examination Hall.
11th Class Principles of Economics Paper Annual 2023 (Evening)
BISE Bahawalpur Board
Principles of Economics
1st Year ( Inter Part 1)
Group 1st (Morning)
First Annual 2023
Time 2H 10 Minutes
Objective Total Marks : 60
Note : It is compulsory to attempt (6 – 6) parts each from Q.No.2, Q.No.3 and Q.No.4. Attempt any Three Questions from Part II. Write same Question No. and its Part No. as given in the question paper. (36 =3 x12)
Make Diagram where necessary.
Question No.2 Attempt any 6 Parts. (6 x 2 = 12)
1. Write the Definition of Economics given by Prof. Marshall.
2. What is the difference between Micro and Macro Economics?
3. Define Income Elasticity of Demand.
4. What is meant by Elasticity of Supply?
5. What is the difference between Supply and Stock?
6. Write the names of Factors of Production.
7. What is meant by Scale of Production?
8. Define the Law of Diminishing Return.
9. Define Normal Profit.
Q. No.3 Attempt any 6 Parts. (6 x 2 = 12)
1. Define Small Scale Production.
2. What is meant by Average Revenue?
3. State the Conditions of Firm’s Equilibrium.
4. Define Monopoly.
5. How to Compute Average Total Cost?
6. Define Capital.
7. Define Marginal Revenue.
8. Define Floating Capital.
9. Write four Characteristics of Labour.
Q. No.4 Attempt any 6 Parts. (6 x 2 = 12)
1.Define Gross National Product.
2. What is meant by Transfer Payments?
3. Define Disposable Personal Income.
4. Write two Characteristics of Good Money.
5. What is meant by Order Cheque?
6. Define Inflation.
7. What is meant by Recession?
8. Define Balance of Trade.
9. What is meant by Public Finance?
Part – II
(8×3 = 24)
Note: Attempt any Three Question from this Part.
Question No. 5 : Compare Economic Laws with other Laws. (8)
Question No. 6 : Explain the Law of Increasing Return with Schedule and Diagram. Also explain its Application. (8)
Question No. 7 : Use Diagram to explain the Equilibrium of a Firm under Perfect Competition in Long Run. (8) (8)
Question No. 8 : Define Money and Describe its Functions (8)
Question No. 9 : Define Trade Cycle and explain its Phases? (8)
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