CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C

Access and download CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C, 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 C to begin your self-assessment today.

Economics Class 12 Question Paper PDF with Solutions

ECONOMICS

SECTION A
(Macro Economics)
1. Which of the following is not a non-tax revenue receipt ?
(Choose the correct alternative)
(A) Goods and Services tax
(B) External grants
(C) Dividends and profits
(D) Disinvestment
 
2. Deflationary gap indicates _________ (excess/deficient) demand in an economy. (Fill in the blank with correct answer) 
 
3. State, whether the following statement is true or false :
 
‘‘Government budget is an annual statement showing actual receipts and actual payments of the government for the last fiscal year.’’
 
4. Name the components of money supply. 
 
5. If the exchange rate of the home currency rises, the value of exports of the economy is likely to ________ . (Fill in the blank with correct answer) 
 
6. State the meaning of Involuntary Unemployment. 
OR
Average Propensity to Save (APS) is the ratio of ________ and ________ . (Fill in the blanks with correct answer) 
 
7. State, whether the following statement is true or false : 
‘‘The official reserve transactions are taken as the accommodating item in Balance of Payment (BOP).’’
 
8. Under Statutory Liquidity Ratio, commercial banks are required to keep a fraction of _________ in the form of liquid assets. (Choose the correct alternative) 
(A) Total deposits
(B) Term deposits
(C) Total demand and term deposits
(D) Current deposits
 
9. Define ‘Foreign Exchange Rate’. 
 
10. Primary deficit can be zero if _________ .(Fill in the blank with correct alternative) 
(A) Fiscal deficit = Interest payments
(B) Fiscal deficit < Interest payments
(C) Fiscal deficit > Interest payments
(D) Revenue deficit < Fiscal deficit
 
11. Distinguish between a ‘Current account deficit’ and a ‘Trade deficit’. 
OR
‘‘Balance of Payment (BOP) is always balanced in the accounting sense.’’
Defend or refute the given statement with valid reasons.
 
 Please click on below link to download CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C.

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C

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 C 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 C

Regularly practicing CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C 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.

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