Economics · CBSE

Board exam

2022Class 12Set 58/1/140 marks13 questions

9 of its 13 questions are here. The rest have a figure or are still being checked, so for now they're only in the official PDF.

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Source: CBSE Board Examination 2022, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set

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9 questions

Q1Section A2 marks
1. a $Using a suitable example, distinguish between positive externalities and negative externalities. OR$
2. b $Using a suitable example, distinguish between stock variables and flow variables.$
Q2Section A2 marks
$Justify the following statement with valid argument : ‘At higher levels of income people generally have lower Marginal Propensity to Consume (MPC).’$
Q3Section A2 marks
1. a $State any two harmful effects of Global warming. OR$
2. b $State any two advantages of ‘sustainable development’.$
Q4Section A2 marks
$(a) Calculate equilibrium level of income for a hypothetical economy, for which it is given that :$
1. (i)
  $Autonomous Investments (I₀) = ₹ 2,500 crores, and$
2. (ii)
  $Consumption Function; C = 1000 + 0.8Y where C = Consumption and Y = Income OR (b) Calculate, change in Income (ΔY) for a hypothetical economy, for which it is given that : (i) Marginal Propensity to Consume (MPC) = 0.75, and (ii) Change in Investments (ΔI) = ₹ 20,000 crores.$
Q5Section A2 marks
$‘In any country, as the income rises the composition of infrastructure requirements changes significantly.’ Do you agree with the given statement ? Support your answer with suitable argument.$
Q6Section A3 marks
$(a) Estimate the value of Nominal Gross Domestic Product (GDP) for a hypothetical economy. The values of Real Gross Domestic Product (GDP) and Price Index are given as ₹ 500 crores and 125 respectively. OR (b) Giving valid reasons, explain, which of the following will not be included in the estimation of National Income of India ?$
1. (i)
  $Purchase of shares of Sethi Ltd. by an investor in the Bombay Stock Exchange.$
2. (ii)
  $Salaries paid by Indian Embassy situated at Japan, to the local workers.$
3. (iii)
  $Depreciation on capital assets charged by firms.$
Q8Section A3 marks
$Using a hypothetical example, elaborate the working of investment multiplier in an economy.$
Q10Section A5 marks
$‘India has been dealing with the problem of Deficient Demand, since the imposition of Covid lockdown in March 2020’. State and discuss any two monetary policy measures to combat the situation of Deficient Demand in India.$
Q11Section A5 marks
1. (i)
  $‘In the recent past the Government of India has taken vital steps to revive and popularise Indian System of Medicine (ISM)’. Do you agree with the given statement ? Justify your answer with valid reasons.$
2. (ii)
  $‘Casualization of workforce has became a perennial problem of the Indian economy.’ Justify the given statement with valid arguments.$

Board exam

2022Class 12Set 58/1/140 marks13 questions

9 of its 13 questions are here. The rest have a figure or are still being checked, so for now they're only in the official PDF.

Sit this paper against the clock, marked by its official answers, or get a new paper like it. Sign in first; practising is part of Pro.

Source: CBSE Board Examination 2022, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set