CBSE Class 12 Economics Boards 2021 Sample Paper Solved

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Sample Question Papers for Class 12 Economics

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QUESTIONS Marks
PART A - MACRO ECONOMICS
1 Inventory is a ...................concept whereas the change in inventory is a ...................... concept. (Fill up the blank with correct alternative)
a. stock, flow
b. flow, stock
c. stock, stock
d. flow, flow
 
If in an economy the value of Net Factor Income from Abroad is ₹ 200 crores and the value of Factor Income to Abroad is ₹ 40 crores. Identify the value of Factor Income from Abroad. (Choose the correct alternative)
a) ₹ 200 crores
b) ₹ 160 crores
c) ₹ 240 crores
d) ₹ 180 crores
 
2 In the present COVID-19 times, many economists have raised their concerns that Indian economy may have to face a deflationary situation, due to reduced economic activities in the country.
Suppose you are a member of the high powered committee constituted by the Reserve Bank of India (RBI).
 
You have suggested that as the supervisor of commercial banks, ................ (restriction/release) of the money supply be ensured, by the Reserve Bank of India (RBI). (Choose the correct alternative)
 
3 Supply of money refers to……................. (Choose the correct alternative)
a. currency held by the public
b. currency held by Reserve Bank of India (RBI)
c. currency held by the public and demand deposits with commercial banks
d. currency held in the government account 
 
4 Identify the correct pair of formula from the following column I and II:
(Choose the correct alternative)
             Column I                           Column II
A Current Account Surplus        i. Receipts < Payments
B Current Account Surplus        ii. Receipts > Payments
C Balance Current Account        iii. Receipts ≠ Payments
D Current Account Deficit          iv. Receipts ≤ Payments
 
Alternatives:
a) A - i
b) B - ii
c) C - iii
d) D - iv 1
 
5 Identify which of the following statements is true? (Choose the correct alternative)
 
a. The flexible exchange rate system gives the government more flexibility to maintain large stocks of foreign exchange reserves.
 
b. In the Managed floating exchange rate system, the government intervenes to buy and sell foreign currencies.
 
c. In the Managed floating exchange rate system, the central bank intervenes to moderate exchange rate fluctuations.
 
d. In the Fixed exchange rate system, market forces fix the exchange rate.
 
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CBSE Class 12 Economics Boards 2021 Sample Paper Solved & Sample Question Papers for Class 12 Economics

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  • Original Practice Material: Access unique questions for Economics designed to challenge your understanding.
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  • Exam Completion Skills: Routine problem sets train you to manage test duration efficiently without stress.

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  1. Self-Evaluation: Score your answers using official guidance to track your academic progress.
  2. Mistake Correction: Class 12 pupils must re-solve questions answered incorrectly to master the correct method.
  3. Continuous Practice: Take additional Economics sample modules online to maximize preparedness for CBSE evaluations.

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