CBSE Class 12 Economics Boards 2020 Question Paper Set 05 Solved

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SECTION – A
(Macro-economics)
1. To reduce credit availability in the economy, the Central Bank may ______. (Choose the correct alternative)
 
(a) buy securities in the open market.
 
(b) sell securities in the open market.
 
(c) reduce reserve ratio.
 
(d) reduce repo rate.
 
2. _______ deficit includes interest payment by the Government on the past loans. (Fill up the blanks with correct answer). 
 
3. State, whether the following statement is true or false : ‘Inventory is a stock variable.’ 
 
4. Which of the following is not a ‘factor payment’ ? (Choose the correct alternative)
 
(a) Free uniform to defence personnel.
 
(b) Salaries to the Members of Parliament.
 
(c) Rent paid to the owner of a building.
 
(d) Scholarship given to the students. 
 
5. In case of an underemployment equilibrium, which of the following alternative is not true ? (Choose the correct alternative)
 
(a) Aggregate demand is equal to Aggregate supply.
 
(b) There exist excess production capacity in the economy.
 
(c) Resources are not fully and efficiently utilised.
 
(d) Resources are fully and efficiently utilised. 
 
6. State, whether the following statement is true or false :
‘All financial Institutions are banking institutions.’ 
 
7. Combined factor income, which can’t be separated into various factor income components is known as ________. (Fill up the blanks with correct answer). 
 
8. If Marginal Propensity to Save (MPS) is 0.25 and initial change in investment is ` 250 crores, then the final change in income would be ______. (Choose the correct alternative)
 
(a) ` 1,000 crores
 
(b) ` 1,200 crores
 
(c) ` 500 crores
 
(d) ` 3,500 crores 
 
9. Define the term ‘Public Goods’.
 
Please click on below link to download CBSE Class 12 Economics Boards 2020 Question Paper Solved Set E.

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FAQs

Where can I download the official PDF for CBSE Class 12 Economics Boards 2020 Question Paper Set 05 Solved?

The CBSE Class 12 Economics Boards 2020 Question Paper Set 05 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 05 Solved based on the official CBSE marking scheme?

Yes, the solutions for CBSE Class 12 Economics Boards 2020 Question Paper Set 05 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 05 Solved help in preparing for the 2026 exams?

Solving previous year papers like CBSE Class 12 Economics Boards 2020 Question Paper Set 05 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 05 Solved in different languages?

Yes, where applicable, CBSE Class 12 Economics Boards 2020 Question Paper Set 05 Solved is available in both English and Hindi mediums. All students from Class 12 can access Economics study material in their preferred language.

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