CBSE Class 12 Economics National Income Accounting Worksheet Set 02

Access the latest CBSE Class 12 Economics National Income Accounting Worksheet Set 02. We have provided free printable Class 12 Economics worksheets in PDF format, specifically designed for Part B Macroeconomics Chapter 2 National Income Accounting. These practice sets are prepared by expert teachers following the 2026-27 syllabus and exam patterns issued by CBSE, NCERT, and KVS.

Part B Macroeconomics Chapter 2 National Income Accounting Practice Set for Class 12 Economics

Are you in Class 12 Economics? Try these chapter-wise worksheets every day to make your concepts of Part B Macroeconomics Chapter 2 National Income Accounting very clear. The practice papers contain useful questions and answers for school tests. Solving these Class 12 Economics problems regularly will build your speed and help you score high marks in the 2026-27 exams.

Practice Sheet PDF: Part B Macroeconomics Chapter 2 National Income Accounting (Class 12 Economics)

National Income Accounting
 
VERY SHORT ANSWER / OBJECTIVE TYPE QUESTIONS (1 Mark each)
 
1. Net national product at factor cost is called:
a) Private income   b) domestic income   c) national income  d) Income
 
2. Define depreciation
 
3. Indirect tax less subsidies is called--------------
 
4. Net value added at factor cost equals to :
a) GDPmp   b) NDPfc   c) NNPfc   d) GDPfc
 
5. The percentage ratio of Nominal to real GDP is called --------
 
6. Define mixed income of self-employed.
 
7. Write the components of operating surplus.
 
SHORT ANSWER QUESTIONS (3 / 4 Marks each)
 
8. Define net factor income from abroad. State its components.
 
9. Distinguish between real GNP and nominal GNP.
 
10. Explain the term domestic territory. What all is included as domestic territory of a country? Discuss its importance in national income accounting.
 
11. What is net factor income from abroad? Explain its components.
 
12. What are the advantages of Real GDP over nominal GDP.
 
13. Explain the components of compensation of employees.
 
LONG ANSWER QUESTIONS (6 Marks each)
 
14. What are the precautions to be taken while calculating national income? Explain with reason.
 
15. Explain the steps of estimating national income through the value added method.
 
16. Explain the steps of estimating national income through the expenditure method.
 
17. Explain the steps of estimating national income through the income method.
 
18. What are the inadequacies of national income as an index of welfare?
 
19. How will you treat the following in the estimation of national income ?
a) Expenditure incurred on buying shares of a company
b) Imputed value of owner occupied house
c) Wheat grown by a farmer but used for self-consumption.


Please click on below link to download CBSE Class 12 Economics National Income Accounting Worksheet Set B

Free study material for Economics

Practice Worksheet & Study Resources for Class 12 Economics Part B Macroeconomics Chapter 2 National Income Accounting

Class 12 Economics Part B Macroeconomics Chapter 2 National Income Accounting Printable Worksheet

Review the Part B Macroeconomics Chapter 2 National Income Accounting practice sheet above to stay ahead in your school evaluations. Designed to meet the newest CBSE standards for Class 12 Economics, these printable problem sets are available as a convenient PDF format download. Regular practice on frequently tested topics guarantees stronger exam performance.

Solved Practice Sets & NCERT Solutions for Part B Macroeconomics Chapter 2 National Income Accounting

Our expert team has used the official NCERT book for Class 12 Economics to create this practice material for students. After solving the questions our teachers have also suggested to study the NCERT solutions which will help you to understand the best way to solve problems in Economics. You can get all this study material for free online.

Additional Study Resources for Class 12 Economics

To get the best results in Class 12, students should try the Economics MCQ test for this chapter. We have also provided printable assignments for Class 12 Economics on our website. Regular practice will help you feel more confident and get higher marks in CBSE examinations.

FAQs

Where can I download the latest PDF for CBSE Class 12 Economics National Income Accounting Worksheet Set 02?

You can download the teacher-verified PDF for CBSE Class 12 Economics National Income Accounting Worksheet Set 02 from StudiesToday.com. These practice sheets for Class 12 Economics are designed as per the latest CBSE academic session.

Are these Economics Class 12 worksheets based on the 2026-27 competency-based pattern?

Yes, our CBSE Class 12 Economics National Income Accounting Worksheet Set 02 includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

Do you provide solved answers for CBSE Class 12 Economics National Income Accounting Worksheet Set 02?

Yes, we have provided detailed solutions for CBSE Class 12 Economics National Income Accounting Worksheet Set 02 to help Class 12 and follow the official CBSE marking scheme.

How does solving CBSE Class 12 Economics National Income Accounting Worksheet Set 02 help in exam preparation?

Daily practice with these Economics worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 12 students get more marks in CBSE exams.

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All our Class 12 Economics practice test papers and worksheets are available for free download in mobile-friendly PDF format. You can access CBSE Class 12 Economics National Income Accounting Worksheet Set 02 without any registration.