CBSE Class 12 Economics Sample Paper 2022 Set 02 Solved

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Access comprehensive sample question papers for Class 12 Economics using the CBSE Class 12 Economics Sample Paper 2022 Set 02 Solved. Designed to align with the 2026-27 CBSE academic guidelines, these model papers help students assess their exam readiness and understand current marking schemes.

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SECTION A (MICRO ECONOMICS)
 
1 Which of the following is an example of Normative Economics statement?
a) Scarcity is the root cause of all economic problem
b) Distribution Of national product should be equal or unequal
c) India is the second populous country in the world.
d) All of the above.
 
2 Point out one difference between cardinal and ordinal utility? 
 
3 Demand curve is same as :
a) Indifference curve
b) Production possibility curve
c) Marginal utility curve
d) Both A and C
 
4 What are Monotonic Preferences? 
 
5 How does level of technology influence the supply of a commodity
Or
What happens to the supply curve of a commodity when government reduces the GST rates?
 
6 Explain the problem What to Produce. Give reasons. 
 
7 A consumer spends Rs. 180 to buy 18 units of a commodity. How many units of that commodity consumer buys if its price falls by Rs. 2 per unit and its price elasticity is (-1.5)
 
8 Write the relationship between Marginal Product and Average Product using numerical example.
Or
Write the relationship between Marginal Cost and Average Cost using numerical example
 
9 Define Perfect Oligopoly. Explain the feature interdependency among the firm under oligopoly market.
 
10 Market determined rent for apartment is too high that common people cannot afford.What can government do through market forces to ease this situation?Explain the chain of effects in the marketusing diagram.
Or
Crop damaged in Karnataka sent banana’s Price up. Analyze the economic theory using suitable diagram.
 
11 Why Must Marginal revenue be equal to Marginal cost for equilibrium of a producer. Explain
 
12 Distinguish :
a) Changes in demand and changes in quantity demand
b) Budget line and Budget Set.
 
SECTION B (MACRO ECONOMICS)
 
13 What are timedeposits? 
 
14 Which of the following value can never be zero:
a) Average propensity to Consume.
b) Marginal Propensity to Consume
c) Average Propensity to Save
d) Marginal Propensity To Save
 
15 Define inflationary gap 
 
16 Currency notes and coins are:
a) Fiat money
b) Bank Money
c) High powered money
d) Both A and C
 
17 Explain the allocation function of Government Budget. 
 
18 Write the meaning and implication of revenue deficit,
Or
What does Fiscal deficit imply? Explain
 
19 How does Central Bank control Money supply using Margin requirement.
Or
Discuss the term ‘Bank Of Issue’
 
20 In an economy every time national income increases 20 % of increased income is saved. If
there is an additional investment of Rs.400 crore, calculate:
i) Investment multiplier
ii) Change in income
 
21 Calculate Gross National Product at Factor cost:
 
ITEMS Rs.                                  (Arab)
No. Of units produced                     120
Price per unit                              Rs. 80
Changes in stock                          1200
Purchase of raw material               1860
Subsidy                                          100
Consumption of fixed capital             40
Net Factor Income to Abroad          (-75)
Import of raw material                    150
 
22 The nominal national income of India has increased 18% while real national income increased by only 8% .Population of India has increased 3%.
i) Name the price index with reference to real and nominal national income and write its formula.
ii) What has caused the difference in changes in the real national income and nominal national income?
 
23 With reference to Balance of Payment discuss the following:
i) Deficit in Balance of payment
ii) What changes happen in the Balance of payment position due to the increase in the foreign investment?
 
24 Explain the steps to derive saving curve from consumption curve. Use diagram
Or
Explain the two alternative approaches to macroeconomic equilibrium using the diagram.


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Model Practice Papers & Solutions for Class 12 Economics

Class 12 Economics CBSE Class 12 Economics Sample Paper 2022 Set 02 Solved PDF Download Guide

Access structured sample papers for Class 12 Economics. Solving the CBSE Class 12 Economics Sample Paper 2022 Set 02 Solved provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.

Why Practice Class 12 Economics Sample Papers?

  • Exam Blueprint: Understand mark allocations and structural guidelines relevant to Class 12 evaluations.
  • Targeted Improvement: Identify weak areas in Class 12 Economics requiring focused revision.
  • Pacing & Precision: Practice mixed question formats to build execution speed and ensure timely paper completion.

Post-Practice Strategy for Class 12 Economics

  1. Review Solutions: Evaluate your completed papers using expert-verified guidance inside our solution sets.
  2. Target Weaknesses: Class 12 students should analyze missed questions to rectify conceptual misunderstandings.
  3. Deep Revision: Re-read sections in the NCERT book for Class 12 Economics to clear doubts before solving items again.

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