CBSE Class 12 Economics Worksheet Set 02 Solved

Official Class 12 Economics Worksheets: All Chapters

Access printable practice worksheets for All Chapters designed to align with the 2026-27 academic syllabus for Class 12 Economics. These structured exercises help students evaluate their conceptual understanding and improve exam readiness.

Chapter-wise Practice Material: All Chapters

View or download the dedicated All Chapters practice resource below. Engaging with these objective and subjective questions daily ensures continuous academic progress and mastery of the 2026-27 curriculum.

SECTION A
 
1 A perfectly elastic demand curve is:
(a) Parallel to the Y-axis
(b) Parallel to the X-axis
(c) Originates from origin
(d) None of the above.
 
2 What is the Law of Diminishing marginal product? 
3 What do you understand by decrease in demand? Explain it with the help of an example and diagram.
 
4 The quantity demanded of a commodity at a price of Rs.8 per unit is 600 units. Its price falls by 25 per cent and quantity demanded rises by 120 units. Calculate its price elasticity of demand.
 
5 Distinguish between substitute and complementary goods with examples. 
 
6 Explain the relationship between Average product and marginal product with the help of a diagram.
 
SECTION B
 
7 Define money supply.
 
8 The rate at which commercial banks are allowed to park their surplus funds with the RBI is called:
(a) Bank rate
(b) Repo rate
(c) Currency rate
(d) Reverse repo rate.
 
9 How does central bank control credit creation by commercial banks through open market operations? Explain.


Please click on below link to downloadCBSE Class 12 Economics Worksheet Set B Solved

Free study material for Economics

Exam Preparation Worksheet for Class 12 Economics All Chapters

CBSE Practice Material: Class 12 Economics All Chapters

Access structured practice worksheets for All Chapters designed in alignment with the latest CBSE curriculum for Class 12 Economics. These printable problem sets help students build accuracy and prepare effectively for school tests.

NCERT-Aligned Questions and Solutions

Cross-reference your completed exercises with comprehensive NCERT solutions for Class 12 Economics to ensure absolute clarity across all sub-topics in this chapter.

Next Steps in Your Exam Preparation

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FAQs

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

You can download the teacher-verified PDF for CBSE Class 12 Economics Worksheet Set 02 Solved 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 Worksheet Set 02 Solved 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 Worksheet Set 02 Solved?

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

How does solving CBSE Class 12 Economics Worksheet Set 02 Solved 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.

Is there any charge for the Class 12 Economics practice test papers?

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 Worksheet Set 02 Solved without any registration.