CBSE Class 12 Economics Question Paper 2025 by Experts

The CBSE Class 12 Economics exam 2025 is scheduled to take place on Wednesday, March 19, 2025. The exam will be held for three hours starting from 10:30 A.M. to 01:30 P.M. Students who are preparing for the class 12th Economics exam 2025, now must solely focus on revising the concepts through practice sets. To help students we have shared the Most CBSE Class 12th Economics Question Paper 2025 with Solutions, prepared by experts. Aside from this, students studying for the test are recommended to practise the previous year’s Class 12 Board Economics Question Paper and the CBSE official sample papers for last-minute preparation.

CBSE Class 12 Economics Question Paper 2025

Economics is a crucial subject for Class 12 students who are considering a career in commerce, business, or finance. Therefore, achieving well in the CBSE Class 12 Economics exam is also highly important. The CBSE class 12 Economics question paper will now have more competency-based questions. The amount of constructed response questions will likewise fall by 10% from the previous year. As a result, students should have a solid understanding of the Economics syllabus, and one of the best methods to do so is to practise with predicted exam papers.

CBSE Class 12 Economics Exam Pattern 2025

The CBSE Class 12th question paper contains two sections namley Section A – Macro Economics
and Section B – Indian Economic Development. The total marks alloted for the theory exam is 80 marks where as the reaminting 20 marks is alloted for practical exam. Section wise marks distribution of the Class 12th Economics paper

• This paper contains 20 Multiple Choice Type Questions of 1 mark each.
• This paper contains 4 Short Answer Type Questions of 3 marks each to be answered in 60
  to 80 words.
• This paper contains 6 Short Answer Type Questions of 4 marks each to be answered in 80
  to 100 words.
• This paper contains 4 Long Answer Type Questions of 6 marks each to be answered in 100
  to 150 words.

CBSE Class 12 Economics Sample Question Paper 2024-25

At the starting of the acedemic year, the central board of education has released the subject-wise sample papers on the official webiste. These papers are also very crucial for the students in terms of understanding the paper pattern, types of questions, marking scheme and many other aspects, Yiu can access the CBSE Class 12 Economics Sample paper of 2025, 2024, 2023, 2022 by simply clicking the direct link shared below.

CBSE Class 12th Economics Sample Question Papers with Answers

CBSE Class 12th Economics Important Questions with Answers

1.  Read the following statements carefully:
Statement 1: Consumption function assumes that, consumption changes at a constant rate as
income changes.
Statement 2: Autonomous consumption is the ratio of total consumption (C) to total income (Y).
In 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.

Answer: b) Statement 1 is true and Statement 2 is false

2. For a closed economy (with no foreign trade), which one of the following is correct?
a) GDP = GNP b) GDP > GNP
c) GDP < GNP d) GDP + GNP=0

Answer: a) GDP = GNP

3. The value of __________ can be greater than one.
(Choose the correct alternative to fill up the blank)
a) Marginal Propensity to Consume b) Average Propensity to Consume
c) Marginal Propensity to Save d) Average Propensity to Save

Answer: b) Average Propensity to Consume

4. As per the Reserve Bank of India (RBI) press report, dated 29th December, 2022:
“Net external commercial borrowings to India recorded an outflow of US$ 0.4 billion in the second quarter (2022-23)”
The above transaction will be recorded in the _______ account on ______ side of Balance of payments account of India. (Choose the correct alternative to fill up the blanks)
a) current, credit b) current, debit
c) capital, credit d) capital, debit

Answer: d) capital, debit

5 “The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
a) Medium of exchange b) Store of Value
c) Unit of account d) Means of standard of deferred payments

Answer: c) Unit of account

6. As per the data presented in the Union Budget 2023-24, the total receipts of the government other than borrowings and the total expenditure are estimated at ₹ 27.2 lakh crore and ₹ 45 lakh crore respectively.
The value of the ________ deficit would be ₹ 17.8 lakh crore.
(Choose the correct option to fill up the blank)
A. revenue B. fiscal
C. budgetary D. primary

Answer: B. fiscal

7. Read the following statements carefully:
Statement 1: The maximum value of Marginal Propensity to Consume (MPC) can be unity.
Statement 2: As the income of an economy increases, the proportionate increase in the level of consumption is always more than the increase in the level of income.
In light of the given statements, choose the correct option 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.

Answer: A. Statement 1 is true and Statement 2 is false

8. In a two-sector economy, Aggregate Demand can be determined by adding ______. (Choose the correct option to fill up the blank)
A. Autonomous Consumption, Induced Consumption and Induced Investment
B. Autonomous Consumption, Autonomous Investment and Induced Investment
C. Autonomous Consumption and Autonomous Investment
D. Autonomous Consumption, Induced Consumption and Autonomous Investment

Answer:  D. Autonomous Consumption, Induced Consumption and Autonomous Investment

9. Read the following statements carefully:
Statement 1: Foreign grants-in-aid receipts do not lead to any claim on the government.
Statement 2: Disposal of equity by the Public Sector Undertakings in the market may lead to a decrease in the assets of the government.
In light of the given statements, choose the correct option 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.

Answer: C. Both Statements 1 and 2 are true.

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