CBSE Class 12 Economics 2025 Sample Paper Set 03 Solved

SECTION A 

1. Read the following statements: Assertion (A) and Reason (R).
Choose thecorrect option from those given below:
Assertion (A): Ex-post Investments represent planned Investments; whereas ex-ante Investments represent the actual level of investments.
Reason (R): At the equilibrium level, Ex-ante Savings and Ex-ante Investments are always equal.
Options:
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correctexplanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not thecorrect 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 : d

2. ‘Vivek is a car dealer whose primary function is to sell new and used vehicles to customers. However, his role extends beyond just selling cars.
He also offers various services to assist customers in their car-buying journey, including financing, trade-ins, and after-sales services’.
A car purchased by Vivek as a dealer of cars is:
A) consumer good
C) intermediate good
B) capital good
D) all of these

Answer : c

3. Piling up of stocks in the warehouses is known as _____.
(Fill in the blank with correct alternative)
A) Accumulation of inventories
B) Intended change in inventories
C) Unintended decrease of inventories
D) None of the above

Answer : a

4. If $ 1 = Rs.80.50, then $___________ (approximately) would be needed to exchange Rs.2, 00,000.
(Fill in the blank by choosing the correct alternative)
A) 2,844
B) 2,484
C) 2,448
D) 2,882

Answer : b

5. If increase in National Income is equal to increase in consumption, identify the value of Marginal Propensity to Save:
A) Equal to unity
B) Greater than one
C) Less than one
D) Equal to zero

Answer : d

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