CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved

Official CBSE Exam Papers for Class 12 Economics

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Solved Previous Year Papers for Economics

View or download the dedicated CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved resource below. Engaging with these previous year papers under timed conditions ensures continuous academic progress and mastery of the 2026-27 exam format.

ECONOMICS

SECTION A
(Macro Economics)
1. If the entire additional income of an economy is consumed, the value of investment multiplier will be _________ . (Choose the correct alternative)
(A) zero (0)
(B) not defined (∞)
(C) one (1)
(D) ten (10)
 
2. A car purchased by a household is a _________ . (Choose the correct alternative)
(A) single use capital good
(B) single use consumer good
(C) durable consumer good
(D) semi-durable consumer good
OR
GNP deflator is represented by which of the following formulae ? (Choose the correct alternative)
(A)  Nominal GNP/Real GNP x100
(B)  Real GNP / Nominal GNP x 100
(C)  Real GNP / Change in Rate of Inflation
(D)  Change in Rate of Inflation / Real GNP
 
 
3. Name the two components of Aggregate Demand in a closed economy. 
 
4. _________ is the agent and adviser to the Government of India. (Fill in the blank with correct answer) 
 
5. State whether the following statement is true or false :  ‘‘To reduce inflation, the Central Bank should reduce Cash Reserve Ratio (CRR).’’
 
6. Government expenditure incurred on defence items is a type of _________ expenditure in the Government Budget. 
(Fill in the blank with correct answer)
 
 Please click on below link to download CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B.

Free study material for Economics

Past Exam Papers & Solutions for Class 12 Economics

Class 12 Economics Past Exam Papers & Resources

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FAQs

Where can I download the official PDF for CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved?

The CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved is available for download on StudiesToday.com. It includes complete set with all sections so that Class 12 students can practice with the exact same paper that came in the CBSE exams.

Are the solutions for CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved based on the official CBSE marking scheme?

Yes, the solutions for CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved are prepared by subject matter experts as per official marking scheme. Class 12 students will understand the structure of answers and 'step-marks' methodology Economics.

How does solving CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved help in preparing for the 2026 exams?

Solving previous year papers like CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved is important to understand repeat themes and question difficulty levels of Economics. It helps Class 12 students to test their time management skills too.

Can I access CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved in different languages?

Yes, where applicable, CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved is available in both English and Hindi mediums. All students from Class 12 can access Economics study material in their preferred language.

Is there a charge to download the CBSE Class 12 Economics solved papers?

No, all previous year question papers on StudiesToday, including CBSE Class 12 Economics Boards 2020 Question Paper Set 02 Solved, are provided free of charge in mobile-friendly PDF.