CBSE Class 12 Economics Boards 2021 Sample Paper Solved

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…

CBSE Class 12 Economics Compartment Question Paper Solved 2020

SECTION A (MACRO ECONOMICS) 1. __________ (Aggregate Demand/Aggregate Supply) refers to total ex-ante expenditure in an economy during an accounting year. (Fill in the blank with the correct alternative)    2. State whether the following statement is true or false : ‘‘…

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set E

SECTION – A (Macro-economics) 1. To reduce credit availability in the economy, the Central Bank may ______. (Choose the correct alternative)   (a) buy securities in the open market.   (b) sell securities in the open market.   (c) reduce reserve ratio.   (d) reduce repo rate…

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set D

SECTION – A (Macro-economics) 1. Two components of money supply are _____ and _____. (Fill up the blank with correct answer). OR The main aim of monetary policy is _____. (Choose the correct alternative) (a) to bring price stability in the economy. (b) employment generation in…

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set C

ECONOMICS SECTION A (Macro Economics) 1. Which of the following is not a non-tax revenue receipt ? (Choose the correct alternative) (A) Goods and Services tax (B) External grants (C) Dividends and profits (D) Disinvestment   2. Deflationary gap indicates _________ (excess/…

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set B

ECONOMICS SECTION A (Macro Economics) 1. If the entire additional income of an economy is consumed, the value of investment multiplier will be _________ . (Choose the correct alternative) (A) zero (0) (B) not defined (∞) (C) one (1) (D) ten (10)   2. A car purchased by a…

CBSE Class 12 Economics Boards 2020 Question Paper Solved Set A

SECTION A (Macro Economics) 1. In order to control the money supply in the economy, the Central Bank may ________. (Choose the correct alternative)   (A) buy securities in the open market   (B) sell securities in the open market   (C) reduce cash reserve ratio   (D) reduce…

CBSE Class 12 Economics Balance of Payments VBQs

BALANCE OF PAYMENTS The balance of payment is a comprehensive and systematic records of all economic transaction between normal residents of a country and rest of the world during an accounting year. Economic Transaction: refer to those transactions which involve transfer of…

CBSE Class 12 Economics Government Budget And The Economy VBQs

  MCQ Questions for NCERT Class 12 Economics Government Budget And The Economy Question: Which one of the following is not a capital expenditure? (a) Loans advanced by World Bank (b) Construction of school building (c)Repayment of loans (d) Tax receipts.…

CBSE Class 12 Economics Determination of Income And Employment VBQs

AGGREGATE DEMAND AND ITS COMPONENTS AGGREGATE DEMAND: Aggregate demand refers to the demand for all finished goods and services in an economy during a given period of time. It is the total level of spending in the economy. It is often measured for the period of an accounting…

CBSE Class 12 Economics Money And Banking VBQs

Question. Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these Answer : D. All of the Above Explanation: The Company is…

CBSE Class 12 Economics Forms Of Market VBQs Set A

FORMS OF MARKET AND PRICE DETERMINATION Question. Under Perfect Competition price of the Product (a) can be controlled by individual Firm (b) cannot be controlled by individual Firm (c) can be controlled within certain limit by individual Firm (d) none of the above Answer: B…

CBSE Class 12 Economics Theory of Consumer Behaviour VBQs

Question. Keeping the health of the people in mind, the government should be considerate in fixing the .price of essential items like milk, as price elasticity of demand is; Answer. a) More than one b) less than one, c) equal to one d) zero Question. For proper allocation of…

CBSE Class 12 Economics HOTs Producer Behavoiur And Supply

  VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each)   Q.1. What happens to MPP when TPP increases at decreasing rate? Ans. MPP falls but remains positive.   Q.2. As the variable input is increased by one unit, total output falls. What would you say about…

CBSE Class 12 Economics HOTs Money And Banking

Question: Which of the following us not concerned with banking organization? (a) Bank rate (b) Fiscal deficit (c) Credit creation (d) Cash reserve ratio  Answer: B Question: Commercial banks create money by way of:  (a) Fixed deposits (b) Demand…