Economics · CBSE

Board exam

2024Class 12Set 58/1/180 marks34 questions

10 of its 34 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 2024, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set

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10 questions

Q2Section A1 mark
$Identify the correct equation from the following:$
1. A $GDPMP = NNPFC + Depreciation$
2. B $NDPFC = NNPFC + Net Indirect Taxes$
3. C $GNPMP = GDPMP + Net Factor Income from Abroad$
4. D $NNPFC = NDPMP + Depreciation$
Q6Section A1 mark
$Total consumption expenditure by households under Keynesian Economics is a combination of __________ and __________. Choose the correct alternative to fill in the blanks)$
1. A $Autonomous Consumption, Autonomous Investments$
2. B $Autonomous Investments, Induced Consumption$
3. C $Induced Investments, Autonomous Investments$
4. D $Autonomous Consumption, Induced Consumption$
Q8Section A1 mark
$Surplus in Balance of Payments (BOP) refers to the excess of ___________. (Choose the correct alternative to fill in the blank)$
1. A $Autonomous payments over Autonomous receipts$
2. B $Current Account payments over Autonomous receipts$
3. C $Capital Account receipts over Capital Account payments$
4. D $Autonomous receipts over Autonomous payments$
Q9Section A1 mark
$Suppose for a hypothetical economy: C = 100 + 0\cdot75Y (where C = Consumption and Y = Income) I₀ = 400 (I₀ = Autonomous Investment) Value of Investment Multiplier (K) would be ____________. (Choose the correct alternative to fill in the blank)$
1. A $5$
2. B $4$
3. C $6$
4. D $3$
Q10Section A1 mark
$Suppose, the Balance of Trade of an imaginary economy shows a favourable balance of ₹ 500 crore. The values of merchandise exports are ₹ 1200 crore and transfer payments are ₹ 400 crore. The value of merchandise imports would be ₹ __________ crore. (Choose the correct alternative to fill in the blank)$
1. A $1700$
2. B $750$
3. C $700$
4. D $900$
Q12Section A3 marks
$Distinguish between fixed exchange rate system and flexible exchange rate system.$
Q19Section B1 mark
$In the decade of the 1970s, Pakistan nationalized its ________ industries. (Choose the correct alternative to fill in the blank)$
1. A $Medical infrastructure$
2. B $Consumer goods$
3. C $Capital goods$
4. D $Foreign trade$
Q21Section B1 mark
$Identify which of the following alternatives indicate the incorrect components combination of Agriculture Marketing System:$
1. A $Assembling, Storage, Processing, Packaging$
2. B $Production, Assembling, Processing, Grading$
3. C $Assembling, Processing, Packaging, Transportation$
4. D $Processing, Packaging, Grading, Distribution$
Q25Section B1 mark
$Economic reforms were introduced in India and Pakistan in the years ___________ and ____________, respectively. (Choose the correct alternative to fill in the blanks)$
1. A $1988, 1978$
2. B $1991, 1978$
3. C $1991, 1988$
4. D $1981, 1991$
Q27Section B1 mark
$Identify which of the following is not a member nation of G20:$
1. A $Brazil$
2. B $Australia$
3. C $Bangladesh$
4. D $Argentina$

Board exam

2024Class 12Set 58/1/180 marks34 questions

10 of its 34 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 2024, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set