12th Standard CBSE Economics Study material & Free Online Practice Tests - View and download Sample Question Papers with Solutions for Class 12 Session 2019 - 2020 CBSE

Economics Question Papers & Study Material

12th CBSE Economics Government Budget Model Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    ----------- is the year which begins on 1st April and ends on 31st March of the following year

  • 2)

    ------------- taxes do not depend on the level of income.

  • 3)

    Fiscal deficit is equal to----------

  • 4)

    A Government budget is prepared for a fiscal year running from:

  • 5)

    Which of the following statement is true?

12th Standard CBSE Economics Determination of Income and Employment Model Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Investment is an addition to_______

  • 2)

    In case of excess demand, RBI ............... the bank rate or interest rate which makes the credit dear.

  • 3)

    Out of the following which value can be greater than one?

  • 4)

    When the value of MPC is 0.7, the value of MPS will be:

  • 5)

    Full employment implies absence of:

12th Standard CBSE Economics Unit 7 Money and Banking Model Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Money is most liquid of all assets because

  • 2)

    Measurement of value of all goods and services refers to which of the following of money?

  • 3)

    Which out of the following is an attractive and easy medium of exchange?

  • 4)

    For performing which function of money, it should be generally acceptable::

  • 5)

    Which of the following instrument deals with the qualitative credit control?

12th CBSE Economics Unit 6 National Income and Its Measurement Model Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Transfer payments are ..........

  • 2)

    Transfer payments are ..........

  • 3)

    Real National Income means the National Income measured in terms of ........

  • 4)

    GNP Deflator = \(\frac { Nominal\quad GNP }{ ? } \times 100\)

  • 5)

    In GNP calculation, which of the following should be excluded?

12th CBSE Economics Unit 5 Macroeconomics and Circular Flow of Income Important Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Which concept is known as the study of aggregates?

  • 2)

    The goods which are ready to be used by the producers are called..........

  • 3)

    Which variables are defined as any quantity measured at a particular point of time?

  • 4)

    When households and firms borrow from the financial market, they constitute .........

  • 5)

    .......... refers to the flow of money across different sectors of the economy.

12th CBSE Economics Unit 4 Forms of Market and Price Determination Important Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    In Perfect competition, as the firm is a price taker, the ____________ curve is a horizontal straight line.

  • 2)

    Monopolist can determine  _________

  • 3)

    Market which has a few large firms is _________

  • 4)

    Which of the following is not an essential condition of pure competition ?

  • 5)

    Firm in a monopolistic market has - control over price.

12th Standard CBSE Economics Unit 3 Economics, Economy and Its Central Problems Important Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Which of the following is related to microeconomics?

  • 2)

    The study of microeconomics and macroeconomics is ......... .

  • 3)

    Which one of the following is not the feature of socialist economy?

  • 4)

    In free market economy, the allocation of resources is determined by ...... .

  • 5)

    Central economic problems are the problems of a ......... .

12th CBSE Economics Unit 2 Consumer's Equilibrium and Demand Important Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Total utility derived from consumption of commodity will begin to fall ..............

  • 2)

    Law of Diminishing Marginal Utility assumes the Marginal Utility of money to be .........

  • 3)

    ........... curve is a downward sloping curve cutting the X-axis

  • 4)

    Utility approach is ...........

  • 5)

    A rational consumer prefers A(10,6) over B(8,4) which kind of preference is this?

12th Standard CBSE Economics Chapter 1 Important Question Paper - by Deepika Taneja - Kozhikode - View & Download

  • 1)

    Which of the following is related to microeconomics?

  • 2)

    The study of microeconomics and macroeconomics is ......... .

  • 3)

    Which one of the following is not the feature of socialist economy?

  • 4)

    In free market economy, the allocation of resources is determined by ...... .

  • 5)

    Central economic problems are the problems of a ......... .

Economics CBSE Class 12 First Revision Test paper with answer - by Bala - View & Download

  • 1)

    Why is a PPC downward sloping from left to right?

  • 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)

    Define variable costs.

  • 4)

    What is that market called wherein there are only few sellers (firms)?

  • 5)

    What is a negative externality?

12th Standard CBSE Economics Model Question Paper - by Bala - View & Download

  • 1)

    How is an economic problem a choice making activity?

  • 2)

    What happens to TU when MU is positive?

  • 3)

    Define fixed costs.

  • 4)

    Define perfect competition.

  • 5)

    Define circular flow of income.

Economics CBSE Class 12 Model NCERT Questions and answer - by Bala - View & Download

  • 1)

    Name any two central problems of an economy.

  • 2)

    Give equation of Budget Line.

  • 3)

    What causes an upward movement along a supply curve of commodity?

  • 4)

    What happens when the government imposes price Hoor?

  • 5)

    Complete the equation: NNPFC = NNPMP - .......................

Money and Banking Important Questions from CBSE 12th Economics - by Bala - View & Download

  • 1)

    Money is most liquid of all assets because

  • 2)

    Measurement of value of all goods and services refers to which of the following of money?

  • 3)

    Banks not only accept deposits but also  ............ savings

  • 4)

    The Process of credit creation in an economy  is affected by

  • 5)

    Central bank control credit creation of banks by ............

     

12th CBSE Economics Determination of Income and Employment Important Questions - by Bala - View & Download

  • 1)

    Investment is an addition to_______

  • 2)

    Aggregate Supply=Consumption+___________.

  • 3)

    Value of aggregate supply equals:

  • 4)

    In a situation of 'Deficient demand' at the full employment level of income:

  • 5)

    If MPC = 0, the value of multiplier is:

12th Economics Government Budget Important Question - by Bala - View & Download

  • 1)

    ----------- is the year which begins on 1st April and ends on 31st March of the following year

  • 2)

    ------------- taxes do not depend on the level of income.

  • 3)

    Which of the following statement is true?

  • 4)

    Subsidies are an example of:

  • 5)

    Primary deficit in a government budget equals: (Choose the correct alternative)

12th Standard Economics Foreign Exchange Rate and Balance of Payments Important Question Paper - by Bala - View & Download

  • 1)

    ............... is a situation when 'managed floating' is exercised by the central bank.

  • 2)

    Balance of payments deficit is calculated by taking into account the ............... only.

  • 3)

    Which items are excluded in BOT, but included in BoP?

  • 4)

    Other things remaining the same, when foreign currency becomes cheaper, them effect on national income is likely to be : (Choose the correct alternative).

  • 5)

    Unilateral transfers are a part of:

12th Standard Economics Revision Model Question Paper 1 - by Bala - View & Download

  • 1)

    Which of the following is an assumption of Production Possibility Frontier?

  • 2)

    How does total revenue behave when marginal revenue falls but remains positive?

  • 3)

    What does a point below production possibility curve indicate?

  • 4)

    Define utility.

  • 5)

    What will happen to equilibrium price, when demand is perfectly elastic and supply increases?

12th Standard CBSE Economics Revision Test - by Bala - View & Download

  • 1)

    What is the time period of the Great Depression?

  • 2)

    ............. is addition to the stock of fixed assets of producers during an accounting year.

  • 3)

    Gross Investment= Net Investment + ............

  • 4)

    Real National Income means the National Income measured in terms of ........

  • 5)

    Personal Disposable Income means .........

12th Standard CBSE Economics Term Test Model Questions - by Bala - View & Download

  • 1)

    Best shape of PPC reflects ........ .

  • 2)

    According to economic growth, Production Possibility Curve will show ....... .

  • 3)

    Microeconomics is not concerned with the behaviour of:

  • 4)

    The opportunity cost of watching a movie will be equal to;

  • 5)

    When there is an improvement in technology, holding everything else constant:

Foreign Exchange Rate And Balance Of Payments - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    ............... is a situation when 'managed floating' is exercised by the central bank.

  • 2)

    Which items in Balance of payments are also called 'above the line' items?

  • 3)

    Balance of Trade refers to balance of exports and imports of:

  • 4)

    If the price of 1 US$ has fallen from Rs 56 to Rs 52, the Indian currency has:

  • 5)

    Which exchange rate is officially declared by the government?

Government Budget - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    ----------- is the year which begins on 1st April and ends on 31st March of the following year

  • 2)

    ---------- items are those items which do not create a liability or do not lead to reduction in assets.

  • 3)

    Fiscal deficit is equal to----------

  • 4)

    Which out of the following is a non-developmental expenditure?

  • 5)

    The non-tax revenue in the following is: (choose the correct alternative

Determination Of Income And Employment - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Investment is an addition to_______

  • 2)

    If the investment multiplier is 1, what will be the value of Marginal Propensity to Consume?

  • 3)

    APC is obtained by:

  • 4)

    Which out the following is a monetary measure to correct deficient demand?

  • 5)

    If MPC = 0, the value of multiplier is:

Money And Banking - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Money is most liquid of all assets because

  • 2)

    Banks not only accept deposits but also  ............ savings

  • 3)

    Number of times the total deposits would be of the initial deposit is determined by :

  • 4)

    The part of LRR kept by the banks themselves is called::

  • 5)

    A Government budget is prepared for a fiscal year running from:

National Income And Its Measurement - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Transfer payments are ..........

  • 2)

    .......... is the income which accrues to the private sector from all sources.

  • 3)

    In GNP calculation, which of the following should be excluded?

  • 4)

    Which of the following represents National Income?

  • 5)

    Goods purchased for satisfaction of wants are

12th Economics Model Question Paper 1 - by Bala - View & Download

  • 1)

    Which concept is known as the study of aggregates?

  • 2)

    The goods which are ready to be used by the producers are called..........

  • 3)

    Gross Investment= Net Investment + ............

  • 4)

    Which variables are defined as any quantity measured at a particular point of time?

  • 5)

    .......... refers to the flow of money across different sectors of the economy.

Forms Of Market And Price Determination - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    In Perfect competition, as the firm is a price taker, the ____________ curve is a horizontal straight line.

  • 2)

    Market which has a few large firms is _________

  • 3)

    an increase in demand with unchanged supply leads to_______

  • 4)

    The individual demand and supply functions of a product are given as: \({ D }_{ x }=10-2{ P }_{ x },{ S }_{ x }=20+2{ P }_{ x }\) where  \({ P }_{ x }\) stands for price and \({ D }_{ x }\) and \({ S }_{ x }\) respectively stands for quantity demanded and quantity supplied.If there are 4000 consumers and 1000 firms in the market, then quantity demanded and supplied at the equilibrium price of Rs.2 is:

  • 5)

    The number of buyers and sellers in the industry are large, this implies that:

Producer's Behaviour And Supply - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Supply of a commodity is ............. concept.

  • 2)

    Elasticity of supply is defined aas a measure of the responsiveness of quantity supplied of  good to change in

  • 3)

    Increasing returns is applicable because of .............

  • 4)

    Area under MC curve is ................... .

  • 5)

    For a perfectly competitive market, price would be equivalent to:

Consumer's Equilibrium And Demand - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Total utility derived from consumption of commodity will begin to fall ..............

  • 2)

    ........... curve is a downward sloping curve cutting the X-axis

  • 3)

    Utility approach is ...........

  • 4)

    Identify the law in the statement below:
    A consumer with a given income allocates his expenditure among commodities, so that last rupee spent on each brings equal Marginal Utility.

  • 5)

    A rational consumer prefers A(10,6) over B(8,4) which kind of preference is this?

Economy And Its Central Problems - Important Questions Model Paper In 12th Economics - by Bala - View & Download

  • 1)

    Which of the following is related to microeconomics?

  • 2)

    Which one of the following is not the feature of socialist economy?

  • 3)

    The usual shape of Production Possibility Curve is .......... towards the origin.

  • 4)

    Economics is:

  • 5)

    Macroeconomics deals with

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CBSEStudy Material - Sample Question Papers with Solutions for Class 12 Session 2019 - 2020

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