CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

Read and download the CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B, designed by expert teachers according to the latest 2025-26 curriculum and examination pattern issued by CBSE, NCERT, and KVS. These Class 12 Economics sample papers include detailed step-by-step solutions, helping students to practice and evaluate their performance against the most recent marking schemes.

Solved Sample Paper for Class 12 Economics PDF

Our Class 12 Economics model papers are important for understanding the weightage of different chapters and the difficulty level of expected questions. By solving these guess papers Class 12 students can identify weak areas and improve time management. We also suggest referring to our Class 12 Economics Question Papers of previous years to further strengthen your exam preparation.

Class 12 Economics Sample Paper with Solutions

Question : How to classify goods as intermediate goods and final goods? 2
Or
'The welfare from Positive externalities doesn't effect GDP. ' Justify the given statement. 2
Answer : The distinction between intermediate goods and final goods is made on the basis of the use of product and not on the basis of product itself.
A commodity can be an intermediate good as well as a final good, depending upon its nature of use.
Or
As GDP does not take into account externalities, positive or negative, Positive externalities increases welfare but such external effects do not form part of market transactions.
 
Question : Calculate equilibrium level of income for a hypothetical economy, for which it is given that: 2
a) Autonomous Investments = ₹ 1000 crores, and
b) Consumption function, C = 100 + 0.75Y
Or
Calculate Change in Income (ΔY) for a hypothetical economy. Given that:
a) Marginal Propensity to Consume (MPC) = 0.9, and
b) Change in Investment (ΔI) = ₹1,000 crores. 2
Answer :  Given Consumption function is, 
C=100+0.75 Y 
Autonomous investments= 1000 
crores We know, at equilibrium level 
Y= C+I 
Y= 100+0.75Y+1000 
Y-0.75Y= 1100 
0.25Y=1100 
Y= ₹ 4,400 crores 
Or 
Given Δ I = ₹1,000 crores MPC= 0.9 
As we know,
 
c- 
 
 
 
Question : 'MPC falls with successive increase in income '. Justify the statement. 2
Answer : It happens because as an economy becomes richer, it has tendency to consume smaller percentage of each increment to it's income. Rich people spend a smaller proportion as they already enjoy a high standard of living. 
 
 
Question : State and discuss any two ways that will help in providing basic human right – ‘Health’ to all sections of society. 2
Or
Compare and analyze the ‘Regular salaried employed and self-employed’ in Rural and Urban Areas based on following information:

c

Answer : Two ways that will help in providing basic health facilities to all sections:
a) All citizens can get better health facilities if Public Health Services are decentralised.
b) Success in long term Battle against diseases depends on education and efficient health infrastructure. So, it is important to create awareness on health and hygiene and provide efficient systems.
Or
In urban areas regular salaried employees are comparatively high than employees in rural areas as the nature of work in urban areas is different. In rural areas majority of people depends on farming who owns plots of land and cultivate independently, so the share of self-employed is greater in rural areas than in urban areas. 
 
Question : “Economic and social Infrastructure together helps in the overall development of the country.” Justify the given statement with a valid argument. 2
Answer : The given statement is true; both economic and social infrastructure are crucial for the development of the country.
Economic infrastructure Improves productivity levels in productive sectors such as agriculture and industry, by providing support services such as energy, transport, communication, etc. .
Social infrastructure improves human productivity and efficiency through facilities of education, health, housing, etc. Hence, both are supplementary and complementary to each other.


Question : Giving valid reasons explain which of the following will not be included in estimation of National Income of India?
a) Profits earned by an Indian bank from its branches in America.
b) National debt interest / interest paid by household to the commercial bank.
c) Free clothes given to workers by the employer. 3
Or
Estimate the value of Nominal Gross Domestic Product for a hypothetical economy, the value of Real Gross Domestic Product and Price Index are given as ₹700.0 crores and 200 respectively. 3
Answer : 
a. Yes, it will be included in the national income as they are a part of the factor income from abroad.
b. No it will not be included in the national income as interest paid on the Loans taken for consumption purposes is not included.
c. Yes it will be included as these are a part of the compensation given to employees for their productive services.
Or
Nominal GDP = Real GDP × price index/ 100
=700 ×200 / 100
= ₹1400 crores


Question : Study the following information and compare the Economies of India and Indonesia on the grounds of ‘Investment in infrastructure as a percentage of GDP’
c-1
Answer :  ‘Investment in infrastructure as a percentage of GDP’ is that proportion of Gross Domestic Product which is invested for the development of infrastructural facilities in a country.
According to the given data it is evident that India is contributing 30% of its total GDP on infrastructural progress, which is just a notch above the corresponding figure of 34% for Indonesia.
Considering the vast geography of India this is a much lower proportion in comparison to Indonesia. If India wants to grow at a faster rate, she must concentrate on higher judicious investment on development of infrastructure. 

 

Please refer to the attached file for CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

How to download CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B in PDF?

Students can easily download the CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B from our website to prepare for their upcoming examinations. To score high marks, it is important for Class 12 students to understand the exaact pattern as per which teachers design the question papers. We strongly suggest that you practice these latest sample papers for Economics and solve different types of questions that are expected to come this year. You can downloadin PDF format so that you can practice offline. We also recommend that Class 12 students solve these papers actual exam conditions at home.

Why should you solve CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B?

Practicing these model papers has several benefits for Class 12 students:

  • New Question Bank: This set has fresh questions for Economics which are different from previous years.
  • Exam Pattern Knowledge: Solving more sets will help you to understand the weightage of each chapter in Class 12 and also the type of questions asked.
  • Identify Weak Areas: Comparing your score in each set to find out topics in Class 12 Economics for which you need hard work.
  • Speed and Accuracy: Attempting MCQ questions and long-form problems for Class 12 Economics makes you faster and better and you will be able to finish your exam on time.

What should you do after solving CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B?

  1. Check Your Work: Match your answers with the solutions given by our teachers in the Economics Sample Paper PDF.
  2. Learn from Mistakes: Class 12 students should focus on the questions which you solved incorrectly and understand the error.
  3. Revision: If you find a question difficult you shoul refer to NCERT book for Class 12 Economics to understand concepts and then try the question again.
  4. Continuous Practice: Solve multiple sets of Economics sample papers from studiestoday.com to build confidence before the CBSE exams.
Where can I download the PDF for CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B?

You can download the complete PDF for CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B for free from StudiesToday.com. Our resources for Class 12 Economics are updated for the latest academic session and follow the official exam pattern.

Are solutions provided for CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B?

Yes, CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B comes with detailed, teacher-verified solutions. We have provided step-by-step answers for Economics to help students of Class 12 understand correct methodology and marking scheme.

How can practicing CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B help in exam preparation?

Practicing this Economics paper helps in time management and identifying important topics. For Class 12, solving mock papers is the best way to gain confidence and reduce exam-day anxiety.

Is the CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B accessible on mobile and tablets?

Yes, all our study materials for Class 12 Economics are provided in a mobile-friendly PDF format. You can easily download CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B on your mobile device.