Commerce Exam > Commerce Notes > Economics Class 12 > Class 12 Economics Question Paper Solved (2024) - 4
Class 12 Economics Question Paper Solved (2024) - 4 | Economics Class 12 - Commerce PDF Download
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Page 1
12-58/2/1 Page 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series
R 2 P Q S / 2
SET~1
Q.P. Code
Roll No.
ZmoQ> / NOTE :
(i)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &
Please check that this question paper contains 27 printed pages.
(ii)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 34 àíZ h¢ &
Please check that this question paper contains 34 questions.
(iii)
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na
{bI| &
Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
(iv)
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Please write down the serial number of the question in the
answer-book before attempting it.
(v)
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on the
answer-book during this period.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
5 8 / 2 / 1
Page 2
12-58/2/1 Page 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series
R 2 P Q S / 2
SET~1
Q.P. Code
Roll No.
ZmoQ> / NOTE :
(i)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &
Please check that this question paper contains 27 printed pages.
(ii)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 34 àíZ h¢ &
Please check that this question paper contains 34 questions.
(iii)
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na
{bI| &
Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
(iv)
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Please write down the serial number of the question in the
answer-book before attempting it.
(v)
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on the
answer-book during this period.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
5 8 / 2 / 1
12-58/2/1 Page 2
:
:
(i) 34
(ii) :
(iii) 20 1
(iv) 4 I 3
60 80
(v) 6 II 4
80 100
(vi) 4 6
100 150
(vii)
(viii)
(ix)
IÊS> H$
g_{îQ> AW©emñÌ
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE : 1
1 Cn^moJ \$bZ Cn^moJ d ~MV Ho$ ~rM g§~§Y H$m dU©Z H$aVm h¡ &
2 Cn^moJ \$bZ Ho$ Xmo KQ>H$ hmoVo h¢ ñdm`Îm Cn^moJ d ào[aV Cn^moJ &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
2. nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm pñWa {d{Z_` Xa àUmbr H$m EH$ bm^ h¡ & 1
(A) {d{Z_` Xa _| pñWaVm gw{ZpíMV H$aZm
(B) {dXoer _wÐm Ho$ Aën `m A{Y-_yë`m§H$Z H$s g§^mdZm
(C) {dXoer _wÐm ~mµOma _| gÅ>o~mOr na amoH$ bJmZm
(D) g_pîQ>-AW©emñÌr` Zr{V`m| H$m g_Ýd` gw{dYmOZH$ hmo OmVm h¡
Page 3
12-58/2/1 Page 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series
R 2 P Q S / 2
SET~1
Q.P. Code
Roll No.
ZmoQ> / NOTE :
(i)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &
Please check that this question paper contains 27 printed pages.
(ii)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 34 àíZ h¢ &
Please check that this question paper contains 34 questions.
(iii)
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na
{bI| &
Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
(iv)
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Please write down the serial number of the question in the
answer-book before attempting it.
(v)
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on the
answer-book during this period.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
5 8 / 2 / 1
12-58/2/1 Page 2
:
:
(i) 34
(ii) :
(iii) 20 1
(iv) 4 I 3
60 80
(v) 6 II 4
80 100
(vi) 4 6
100 150
(vii)
(viii)
(ix)
IÊS> H$
g_{îQ> AW©emñÌ
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE : 1
1 Cn^moJ \$bZ Cn^moJ d ~MV Ho$ ~rM g§~§Y H$m dU©Z H$aVm h¡ &
2 Cn^moJ \$bZ Ho$ Xmo KQ>H$ hmoVo h¢ ñdm`Îm Cn^moJ d ào[aV Cn^moJ &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
2. nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm pñWa {d{Z_` Xa àUmbr H$m EH$ bm^ h¡ & 1
(A) {d{Z_` Xa _| pñWaVm gw{ZpíMV H$aZm
(B) {dXoer _wÐm Ho$ Aën `m A{Y-_yë`m§H$Z H$s g§^mdZm
(C) {dXoer _wÐm ~mµOma _| gÅ>o~mOr na amoH$ bJmZm
(D) g_pîQ>-AW©emñÌr` Zr{V`m| H$m g_Ýd` gw{dYmOZH$ hmo OmVm h¡
12-58/2/1 Page 3 P.T.O.
General Instructions :
Read the following instructions carefully and follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This question paper contains 20 Multiple Choice type questions. Each question
carries 1 mark.
(iv) This question paper contains 4 Short Answer Type-I questions. Each question
carries 3 marks. Answer these questions in 60 to 80 words.
(v) This question paper contains 6 Short Answer Type-II questions. Each question
carries 4 marks. Answer these questions in 80 to 100 words.
(vi) This question paper contains 4 Long Answer type questions. Each question
carries 6 marks. Answer these questions in 100 to 150 words.
(vii) Attempt all parts of a question together.
(viii) In addition to this, note that a separate question has been provided for Visually
Impaired candidates in lieu of questions having visual inputs, map etc. Such
questions are to be attempted by Visually Impaired candidates only.
(ix) There is no overall choice in the question paper. However, an internal choice
has been provided in few questions. Only one of the choices in such questions
has to be attempted.
SECTION A
Macro Economics
1. Read the following statements carefully : 1
Statement 1 : A consumption function describes the relationship
between consumption and savings.
Statement 2 : Consumption function consists of two components
autonomous consumption and induced consumption.
In the light of the given statements, choose the correct alternative from
the following :
(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both Statements 1 and 2 are true.
(D) Both Statements 1 and 2 are false.
2. Identify which of the following is not one of the merits of fixed exchange
rate system. 1
(A) Ensures stability in exchange rate
(B) Possibility of under or over valuation of foreign currency
(C) Prevents speculations in foreign exchange market
(D) Coordination of macroeconomic policies becomes convenient
Page 4
12-58/2/1 Page 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series
R 2 P Q S / 2
SET~1
Q.P. Code
Roll No.
ZmoQ> / NOTE :
(i)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &
Please check that this question paper contains 27 printed pages.
(ii)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 34 àíZ h¢ &
Please check that this question paper contains 34 questions.
(iii)
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na
{bI| &
Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
(iv)
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Please write down the serial number of the question in the
answer-book before attempting it.
(v)
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on the
answer-book during this period.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
5 8 / 2 / 1
12-58/2/1 Page 2
:
:
(i) 34
(ii) :
(iii) 20 1
(iv) 4 I 3
60 80
(v) 6 II 4
80 100
(vi) 4 6
100 150
(vii)
(viii)
(ix)
IÊS> H$
g_{îQ> AW©emñÌ
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE : 1
1 Cn^moJ \$bZ Cn^moJ d ~MV Ho$ ~rM g§~§Y H$m dU©Z H$aVm h¡ &
2 Cn^moJ \$bZ Ho$ Xmo KQ>H$ hmoVo h¢ ñdm`Îm Cn^moJ d ào[aV Cn^moJ &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
2. nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm pñWa {d{Z_` Xa àUmbr H$m EH$ bm^ h¡ & 1
(A) {d{Z_` Xa _| pñWaVm gw{ZpíMV H$aZm
(B) {dXoer _wÐm Ho$ Aën `m A{Y-_yë`m§H$Z H$s g§^mdZm
(C) {dXoer _wÐm ~mµOma _| gÅ>o~mOr na amoH$ bJmZm
(D) g_pîQ>-AW©emñÌr` Zr{V`m| H$m g_Ýd` gw{dYmOZH$ hmo OmVm h¡
12-58/2/1 Page 3 P.T.O.
General Instructions :
Read the following instructions carefully and follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This question paper contains 20 Multiple Choice type questions. Each question
carries 1 mark.
(iv) This question paper contains 4 Short Answer Type-I questions. Each question
carries 3 marks. Answer these questions in 60 to 80 words.
(v) This question paper contains 6 Short Answer Type-II questions. Each question
carries 4 marks. Answer these questions in 80 to 100 words.
(vi) This question paper contains 4 Long Answer type questions. Each question
carries 6 marks. Answer these questions in 100 to 150 words.
(vii) Attempt all parts of a question together.
(viii) In addition to this, note that a separate question has been provided for Visually
Impaired candidates in lieu of questions having visual inputs, map etc. Such
questions are to be attempted by Visually Impaired candidates only.
(ix) There is no overall choice in the question paper. However, an internal choice
has been provided in few questions. Only one of the choices in such questions
has to be attempted.
SECTION A
Macro Economics
1. Read the following statements carefully : 1
Statement 1 : A consumption function describes the relationship
between consumption and savings.
Statement 2 : Consumption function consists of two components
autonomous consumption and induced consumption.
In the light of the given statements, choose the correct alternative from
the following :
(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both Statements 1 and 2 are true.
(D) Both Statements 1 and 2 are false.
2. Identify which of the following is not one of the merits of fixed exchange
rate system. 1
(A) Ensures stability in exchange rate
(B) Possibility of under or over valuation of foreign currency
(C) Prevents speculations in foreign exchange market
(D) Coordination of macroeconomic policies becomes convenient
12-58/2/1 Page 4
3. nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z ^maV Ho$ ^wJVmZ g§VwbZ Ho$ ny±Or ImVo Ho$ S>o{~Q> nj _|
Xem©`m OmEJm & 1
(A) B§½b¢S> go EH$ ^maVr` Ûmam ào{fV YZam{e
(B) {dXoem| _| n[agån{Îm _| ^maVr`m| Ûmam {Zdoe
(C) {H$gr A_o[aH$s H§$nZr Ûmam {H$gr ^maVr` H§$nZr Ho$ A§em| (shares) H$m H«$`
(D) ^maV go _gmbm| H$m {Z`m©V
4. {ZåZ{b{IV {MÌ H$m Ü`mZnyd©H$ AÜ``Z H$s{OE VWm [aº$ ñWmZ H$s ny{V© Ho$ {bE ghr
{dH$ën H$m M`Z H$s{OE : 1
{dH$ën :
(A) {Zdoe (B) godmAm| H$m ì`mnma
(C) ~mhar G$U (D) ~mhar ghm`Vm
5. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE : 1
1 {H$gr amîQ´> H$m Am{W©H$ joÌ d amOZr{VH$ gr_m EH$ hr hmoVo h¢ &
2 ^maV _| A_o[aH$s XÿVmdmg, ^maV Ho$ Am{W©H$ joÌ H$m {hñgm h¡ &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
Page 5
12-58/2/1 Page 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series
R 2 P Q S / 2
SET~1
Q.P. Code
Roll No.
ZmoQ> / NOTE :
(i)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ &
Please check that this question paper contains 27 printed pages.
(ii)
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 34 àíZ h¢ &
Please check that this question paper contains 34 questions.
(iii)
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð> na
{bI| &
Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
(iv)
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Adí`
{bI| &
Please write down the serial number of the question in the
answer-book before attempting it.
(v)
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-
Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on the
answer-book during this period.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
5 8 / 2 / 1
12-58/2/1 Page 2
:
:
(i) 34
(ii) :
(iii) 20 1
(iv) 4 I 3
60 80
(v) 6 II 4
80 100
(vi) 4 6
100 150
(vii)
(viii)
(ix)
IÊS> H$
g_{îQ> AW©emñÌ
1. {ZåZ{b{IV H$WZm| H$m Ü`mZnyd©H$ AÜ``Z H$s{OE : 1
1 Cn^moJ \$bZ Cn^moJ d ~MV Ho$ ~rM g§~§Y H$m dU©Z H$aVm h¡ &
2 Cn^moJ \$bZ Ho$ Xmo KQ>H$ hmoVo h¢ ñdm`Îm Cn^moJ d ào[aV Cn^moJ &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE :
(A) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(B) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(C) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(D) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
2. nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm pñWa {d{Z_` Xa àUmbr H$m EH$ bm^ h¡ & 1
(A) {d{Z_` Xa _| pñWaVm gw{ZpíMV H$aZm
(B) {dXoer _wÐm Ho$ Aën `m A{Y-_yë`m§H$Z H$s g§^mdZm
(C) {dXoer _wÐm ~mµOma _| gÅ>o~mOr na amoH$ bJmZm
(D) g_pîQ>-AW©emñÌr` Zr{V`m| H$m g_Ýd` gw{dYmOZH$ hmo OmVm h¡
12-58/2/1 Page 3 P.T.O.
General Instructions :
Read the following instructions carefully and follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This question paper contains 20 Multiple Choice type questions. Each question
carries 1 mark.
(iv) This question paper contains 4 Short Answer Type-I questions. Each question
carries 3 marks. Answer these questions in 60 to 80 words.
(v) This question paper contains 6 Short Answer Type-II questions. Each question
carries 4 marks. Answer these questions in 80 to 100 words.
(vi) This question paper contains 4 Long Answer type questions. Each question
carries 6 marks. Answer these questions in 100 to 150 words.
(vii) Attempt all parts of a question together.
(viii) In addition to this, note that a separate question has been provided for Visually
Impaired candidates in lieu of questions having visual inputs, map etc. Such
questions are to be attempted by Visually Impaired candidates only.
(ix) There is no overall choice in the question paper. However, an internal choice
has been provided in few questions. Only one of the choices in such questions
has to be attempted.
SECTION A
Macro Economics
1. Read the following statements carefully : 1
Statement 1 : A consumption function describes the relationship
between consumption and savings.
Statement 2 : Consumption function consists of two components
autonomous consumption and induced consumption.
In the light of the given statements, choose the correct alternative from
the following :
(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both Statements 1 and 2 are true.
(D) Both Statements 1 and 2 are false.
2. Identify which of the following is not one of the merits of fixed exchange
rate system. 1
(A) Ensures stability in exchange rate
(B) Possibility of under or over valuation of foreign currency
(C) Prevents speculations in foreign exchange market
(D) Coordination of macroeconomic policies becomes convenient
12-58/2/1 Page 4
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12-58/2/1 Page 5 P.T.O.
3. Identify which of the following will appear on the debit side in the
Capital Account of India 1
(A) An Indian sending remittances from England
(B) Investing in assets abroad by Indians
(C) An American company purchasing shares of an Indian company
(D) Export of spices from India
4. Study the following figure carefully and choose the correct alternative to
fill in the blank : 1
Alternatives :
(A) Investments (B) Trade of Services
(C) External Borrowings (D) External Assistance
5. Read the following statements carefully : 1
Statement 1 : Economic territory and political frontier of a nation are
one and the same thing.
Statement 2 : American Embassy in India is a part of the economic
territory of India.
In the light of the given statements, choose the correct alternative from
the following :
(A) Statement 1 is true and statement 2 is false.
(B) Statement 1 is false and statement 2 is true.
(C) Both statements 1 and 2 are true.
(D) Both statements 1 and 2 are false.
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FAQs on Class 12 Economics Question Paper Solved (2024) - 4 - Economics Class 12 - Commerce
| 1. What are the factors that contribute to inflation in an economy? |  |
Ans. Inflation in an economy can be caused by various factors including excessive money supply, increase in demand for goods and services, rising production costs, and external factors such as global oil prices.
| 2. How does the government control inflation through monetary policy? | |
Ans. The government can control inflation through monetary policy by adjusting interest rates, open market operations, and reserve requirements to regulate the money supply in the economy.
| 3. What is the impact of inflation on consumers' purchasing power? | |
Ans. Inflation reduces consumers' purchasing power as the value of money decreases, leading to higher prices for goods and services, which can erode the real income of individuals.
| 4. How does inflation affect the economy's overall growth and stability? | |
Ans. Inflation can negatively impact the economy's growth and stability by reducing consumer confidence, increasing uncertainty, and distorting price signals, which can lead to inefficiencies in resource allocation.
| 5. What are the measures that individuals can take to protect themselves from the effects of inflation? | |
Ans. Individuals can protect themselves from the effects of inflation by investing in assets that provide a hedge against inflation, such as real estate, gold, and stocks, and by adjusting their spending habits to cope with rising prices.
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