Previous Year Question Papers for Class 12 Economics
Explore authentic exam materials through the CBSE Class 12 Economics Question Paper 2006 Set 02. Tailored for Class 12 learners, utilizing these Economics previous year papers ensures thorough preparation and strengthens time management skills before final CBSE evaluations.
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CBSE Class 12 Economics Question Paper 2006 (2). Students can download the last year question papers using the link below. Free download of examination question papers with solutions.Last 10 year question papers should be practised to get better marks in examinations.
SECTION-A
Q. 1. Answer the following questions:
i. Give meaning of opportunity cost.
ii. Define marginal physical product.
iii. Give meaning of supply.
iv. Define fixed costs.
Q. 2. Draw and define production possibility curve. Why is it downward sloping from left to right?For Blind Candidates only in lieu of Q. No. 2 Explain the problem of ‘what to produce’.
Q. 3. Define utility. Explain briefly the law of diminishing marginal utility.
Q. 4. State clearly any three features of a perfectly competitive market.
Q. 5. Explain ‘differentiated products’ characteristic of monopolistic competition.
Q. 6. Demand of a product is ‘elastic’. Its price falls.What will be its effect on total expenditure on the product?Give a numerical example.
Q. 7. A firm sells 1000 units of a product at a price of Rs. 10 per unit. Its price elasticity of supply is 3. How many units will the firm be able to sell if the price falls to Rs. 7.50 per unit?
SECTION-B
Q. 8. Answer the following questions :
i. Define macroeconomics.
ii. Give one example each of mieroeconomics and macroeconomics.
iii. What does balance of payments account record?
iv. What is the balance of visible items in the balance of payments accounts called?
Q. 9. Describe the ‘banker to the government’ function of the central bank.
Q. 10. Define a government budget. State its any three objectives.
Q. 11. What does fiscal deficit in a government budget mean? What are its implications?
Q. 12. Explain the following terms giving suitable examples:
i. Final products
ii. Intermediate expenditure
iii. Transfer payment
Please click the link below to download pdf file of CBSE Class 12 Economics Question Paper 2006 (2).
Free study material for Economics
CBSE Class 12 Economics Question Paper 2006 Set 02 & Previous Year Question Papers for Class 12 Economics
Class 12 Economics Past Exam Papers & Resources
Explore downloadable past papers for Class 12 Economics. Utilizing the CBSE Class 12 Economics Question Paper 2006 Set 02 ensures complete preparedness by offering clear insights into historical question styles and marking expectations.
Importance of Solving CBSE Class 12 Economics Question Paper 2006 Set 02
Reviewing official papers clarifies the exact marking scheme and structural layout established by the CBSE, enabling students to structure answers for maximum score potential.
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FAQs
The CBSE Class 12 Economics Question Paper 2006 Set 02 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.
Yes, the solutions for CBSE Class 12 Economics Question Paper 2006 Set 02 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.
Solving previous year papers like CBSE Class 12 Economics Question Paper 2006 Set 02 is important to understand repeat themes and question difficulty levels of Economics. It helps Class 12 students to test their time management skills too.
Yes, where applicable, CBSE Class 12 Economics Question Paper 2006 Set 02 is available in both English and Hindi mediums. All students from Class 12 can access Economics study material in their preferred language.
No, all previous year question papers on StudiesToday, including CBSE Class 12 Economics Question Paper 2006 Set 02, are provided free of charge in mobile-friendly PDF.