CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved

Economics
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Class 12 Economics Solved Model Papers: CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved

Explore authentic exam practice materials through the CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved. Tailored for Class 12 learners, utilizing these Economics sample papers ensures thorough preparation and strengthens time management skills before final CBSE evaluations.

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SECTION A (MICRO ECONOMICS)
 
1 What happens to the equilibrium price when there is increase in demand and decrease in supply in
a given market equilibrium condition?
a) Price falls b) Price rises
c) Price does not change d) Price may rise may fall or may not change.
 
2 Ceteris Paribus, if the government provides subsidies on electricity bills, what would be the likely change in the market demand of desert coolers?
 
3 What happens to Average Product when Marginal product is greater than Average product?
a) Average product is negative b) Average product falls
c) Average product rises d) Average product is constant
 
4 When do you say that demand for good is elastic? 
 
5 Write the relationship between Marginal Revenue and Total revenue under if price falls to sell more output.
OR
Discuss the nature of Total revenue curve and Marginal revenue curve when a firm sells more output at given price.
 
6 What is difference between demand curve under monopoly and Monopolistically competitive market?
 
7 What happens to the profit in the long run if the firms are free to enter and exit in the market? 
 
8 State Law of demand. Write its assumptions.
OR
State the relationship between demand for a good and price of its related goods.
 
9 By giving reasons, explain the stage of increasing returns to a Factor. 
 
10 Market for a good is in equilibrium. Explain the chain of effects in the market when there is rise in the price of substitute good. Use diagram.
OR
What do you mean by excess supply? Explain the chain of effects in the market when there is excess supply. Use diagram.
 
11 What happens to the supply curve of a commodity when there is
a) Rise in the price of the commodity and
b) Rise in the price of other goods. Use diagram.
 
12 Complete the following table:

CBSE Class 12 Economics Sample Paper 2022 Set A Solved 1

SECTION B (MACRO ECONOMICS)
 
13 A hypothetical budget of the government shows that revenue receipts are Rs. 1200 crores, capital receipts are Rs. 800 crores and non debt creating capital receipts are Rs 250 crores. How much is the borrowing of the government?
14 At breakeven point in Macro economics:
a) Autonomous consumption is equal to dissaving
b) Total consumption equal to Total Saving
c) Average Propensity to consume equals to 1
d) Average propensity to save equals to 1
 
15 Write the significance of Accommodating transaction in Balance of payment. 
16 Which of the following statement is correct:
a) At equilibrium of an economy Ex ante Saving = Ex post Investment
b) Marginal propensity Save never be negative
c) The minimum value of multiplier is Zero
d) Aggregate supply is the sum of consumption and investment.
 
17 Distinguish Capital receipts and Revenue Receipts of government budget
OR
Distinguish Revenue Expenditure and Capital expenditure of government budget.
 
18 State Whether the following statements are true or false. Give reasons.
a) External assistance is not recorded in the balance of Payments account.
b) Difference between the value of exports and imports of goods and services is called trade balance.
 
19 What changes take place in the economy when planned spending is less than planned output? Use diagram
OR
What is the chain of effects in the economy when planned Investment expenditure is more than saving in the economy? Use diagram
 
20 Discuss the relationship between price of foreign exchange and supply of foreign exchange. 
 
21 Government expenditure on providing public goods has increased. Explain the economic value reflected in this statement.
 
22 In an economy, there is an additional investment of Rs.5000 takes place. Marginal propensity to consume is 0.5. Explain the process of working of investment multiplier using the above information.
 
23 Discuss the concept of Inflationary gap. How can open market operation control this situation? What are the implications of deficient demand in the economy? How does central bank use Repo rate to control this situation?
 
24 Calculate National Income and GNP at Factor cost.

CBSE Class 12 Economics Sample Paper 2022 Set A Solved 2


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CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved & Sample Question Papers for Class 12 Economics

Class 12 Economics CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved PDF Download Guide

Access structured sample papers for Class 12 Economics. Solving the CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.

Key Advantages of Solving CBSE Class 12 Economics Sample Paper 2022 Set 01 Solved

  • Curriculum Insights: Clarify chapter-wise weightage rules and question trends across Class 12.
  • Gap Analysis: Check performance drops across sets to isolate specific Class 12 Economics topics needing extra attention.
  • Time Efficiency: Working through objective and descriptive problems builds critical pacing to finish exams comfortably.

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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