CBSE Class 12 Economics Question Paper 2006 (2)

Access and download CBSE Class 12 Economics Question Paper 2006 (2), 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 Question Paper 2006 (2) to begin your self-assessment today.

Economics Class 12 Question Paper PDF with Solutions

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).

CBSE Class 12 Economics Question Paper 2006 (2)

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 Question Paper 2006 (2) 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 Question Paper 2006 (2)

Regularly practicing CBSE Class 12 Economics Question Paper 2006 (2) 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 Question Paper 2006 (2) 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.

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