CBSE Class 12 Economics Sample Paper 2011 Solved Set B

Read and download PDF of CBSE Class 12 Economics Sample Paper 2011 Solved Set B designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Economics Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Economics Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Economics Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Economics Pdf

Students can refer to the below Class 12 Economics Sample Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Economics Sample Paper 2011 Solved Set B

Economics Class 12 Sample Paper

SECTION-A

1. What causes an upward movement along a demand curve of a commodity ?

2. What is the price elasticity of supply of a commodity whose straight line supply curve passes through the origin forming an angle of 75°?

3. What change will take place in marginal product, when total product increases at a diminishing rate?

4. Give the meaning of marginal cost.

5. Give the meaning of ‘oligopoly’.

6. Explain the inverse relationship between the price of a commodity and its demand.

7. State the ‘law of supply’. What is meant by the assumption ‘other things remaining the same’ on which the law is based?

8. The price elasticity of supply of good X is half the price elasticity of supply of Good Y. A 10% rise in the price of good Y results in a rise in its supply from 400 units to 520 units. Calculate the percentage change in quantity supplied of good X when its price falls from Rs 10 to Rs 8 per unit.

9. State the distinction between explicit cost and implicit cost. Give an example of each.

SECTION-B

10. What is meant by foreign exchange rate?

11. What is meant by Statutory Liquidity Ratio?

12. How is primary deficit calculated?

13. What is meant by balance of trade? 

14. State two sources of supply of foreign currency.

15. Can an economy be in equilibrium when there is unemployment in the economy. Explain?

16. In an economy income increases by 10,000 as a result of a rise in investment expenditure by 1,000. Calculate:

     (a) Investment Multiplier

     (b) Marginal Propensity to Consume

17. State whether the following statements are true or false. Give reasons for your answer:

      (a) Capital formation is a flow.

      (b) Bread is always a consumer good.

      (c) Nominal GDP can never be less than Real GDP.

      (d) Gross domestic capital formation is always greater than gross fixed capital formation.

18. Given below is the consumption function in an economy:

                C = 100 + 0.5Y

With the help of a numerical example show that in this economy as income increases APC will decrease.


Please refer to attached file for CBSE Class 12 Economics Sample Paper 2011 Solved Set B

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Sample Paper Economics Class 12

We hope you liked the above provided CBSE Class 12 Economics Sample Paper 2011 Solved Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to refer to CBSE Class 12 Economics Sample Paper 2011 Solved Set B that we have provided above. Students can download the Sample Paper for Class 12 Economics which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. If you do CBSE Class 12 Economics Sample Paper 2011 Solved Set B for Class 12 Economics you will easily understand the way examination Sample Paper are set by teachers.

Class 12 Economics Sample Paper

The latest Sample Paper CBSE Class 12 Economics Sample Paper 2011 Solved Set B covers all the topics which have been suggested by CBSE in their Class 12 Economics syllabus for the current year. By doing CBSE Class 12 Economics Sample Paper 2011 Solved Set B you will understand the regular questions and MCQ questions for Class 12 Economics which are always asked and learn them so that you can get full marks in those questions.

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Economics Sample Paper Class 12 with Solutions

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CBSE Class 12 Economics Sample Paper with solutions

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