CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B

Access and download CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B, carefully designed as per the latest 2025-26 examination guidelines issued by CBSE, NCERT, and KVS. These Class 12 Economics previous year question papers include detailed solutions, helping students to assess their performance and identify and improve key areas before the final exams.

Solved Economics Question Papers for Class 12

Practicing these Class 12 Economics question papers is the best way to understand the actual exam pattern and marking scheme. By solving these papers under timed conditions, Class 12 students can improve their speed and accuracy. Download the full CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B to begin your self-assessment today.

Economics Class 12 Question Paper PDF with Solutions

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.

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B

To understand the types of questions asked in past examinations, it is very important for Class 12 students to solve the CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B provided above. You can easily download these past papers for Class 12 Economics in PDF format for the last 10 years. By practicing these actual exam questions you will gain an understanding of the difficulty level and the variety of topics covered over the years. By solving these Previous Year Papers (PYPs) you will understand both descriptive and MCQ questions in your final tests.

Importance of solving CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B

Regularly practicing CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B is the best way to improve your score in Class 12 Economics. These papers will give you details of the marking scheme and the paper structure used by the CBSE. By regularly attempting these under actual exam conditions at home, you can slowly improve your time management skills, which will help you to complete your Economics paper within the allowed duration.

Benefits of downloading CBSE Class 12 Question Papers

Having the CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B in PDF format allows you to revise key concepts anywhere, even without an internet connection. These sets are a reliable tool to practice numerical problems and understand the correct approach to all types of answers. After solving the questions, you should compare your work with the solutions provided by our teachers. Along with these papers, students should always solve the Class 12 Economics Sample Papers and MCQ tests on studiestoday.com for a complete revision.

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

The CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B 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 Solved Set B based on the official CBSE marking scheme?

Yes, the solutions for CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B 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 Solved Set B help in preparing for the 2026 exams?

Solving previous year papers like CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B 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 Solved Set B in different languages?

Yes, where applicable, CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B 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 Solved Set B, are provided free of charge in mobile-friendly PDF.