Previous Year Question Papers for Class 12 Economics
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SECTION A
Macro Economics
1. Read the following statements carefully :
Statement 1 : If in an economy the level of income increases ( Y), it will always proportionately increase the level of consumption ( C).
Statement 2 : Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS) are always equal to each other. In the light of the given statements, choose the correct alternative from the following :
(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both Statements 1 and 2 are true.
(D) Both Statements 1 and 2 are false.
Answer : d
2. Identify the correct equation from the following :
(A) GDPMP = NNPFC + Depreciation
(B) NDPFC = NNPFC + Net Indirect Taxes
(C) GNPMP = GDPMP + Net Factor Income from Abroad
(D) NNPFC = NDPMP + Depreciation
Answer : c
3. Read the following statements Assertion (A) and Reason (R). Choose the correct alternative given below :
Assertion (A) : Full employment situation refers to absence of involuntary unemployment.
Reason (R) : Under full employment situation, all the willing and able bodied people get employment at the prevailing wage rate.Alternatives :
(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
(B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false, but Reason (R) is true.
Answer : a
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Practice Exam Question Papers for Class 12 Economics CBSE Class 12 Economics Question Paper 2024 Solved
Download CBSE Class 12 Economics Question Paper 2024 Solved for Class 12 Economics
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FAQs
The CBSE Class 12 Economics Question Paper 2024 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.
Yes, the solutions for CBSE Class 12 Economics Question Paper 2024 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.
Solving previous year papers like CBSE Class 12 Economics Question Paper 2024 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.
Yes, where applicable, CBSE Class 12 Economics Question Paper 2024 Solved 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 2024 Solved, are provided free of charge in mobile-friendly PDF.