CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved

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Sample Question Papers for Class 12 Economics

Explore authentic exam practice materials through the CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 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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Access the complete sample paper PDF for Class 12 Economics below. Regular practice with these targeted mock exams builds familiarity with expected question patterns and chapter weightage to help secure higher marks.

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

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Model Practice Papers & Solutions for Class 12 Economics

Class 12 Economics CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved PDF Download Guide

Explore downloadable sample sets for Class 12 Economics. Utilizing the CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved allows learners to gauge exam readiness and master official CBSE assessment structures.

Key Advantages of Solving CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved

  • 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.

How to Analyze Your Performance in CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved

  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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How can practicing CBSE Class 12 Economics Sample Paper Term 2 2022 Set 02 Solved 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.

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