Economics · CBSE

Board exam

2026Class 12Set 58/1/180 marks34 questions

11 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 2026, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set

Download PDF

11 questions

Q1Section A1 mark
$In a two sector economy, the flow of factor payments moves from __________ to __________. (Choose the correct option to fill in the blanks)$
1. A $firms, households$
2. B $firms, government$
3. C $banks, households$
4. D $households, firms$
Q4Section A1 mark
$In an economy, when __________ is insufficient to achieve the level of output corresponding to the full employment, the difference is termed a deflationary gap. (Choose the correct option to fill in the blank)$
1. A $ex-ante Aggregate Demand$
2. B $ex-post Aggregate Demand$
3. C $ex-ante Aggregate Supply$
4. D $ex-post Aggregate Supply$
Q6Section A1 mark
$Identify, which of the following is true at the Break Even level of Income. (Choose the correct option)$
1. A $Slope of Consumption Curve = Slope of Saving Curve$
2. B $Average Propensity to Consume (APC) = Average Propensity to Save (APS)$
3. C $Slope of Saving Curve = Unity (1)$
4. D $Average Propensity to Consume (APC) = Unity (1)$
Q9Section A1 mark
$“In the Indian Banking System, the Statutory Liquidity Ratio (SLR) plays a vital role in controlling the credit creation capacity of the Commercial Banks, as it __________.” (Choose the correct option to fill in the blank)$
1. A $ensures that all the deposits are converted into liquid assets.$
2. B $requires banks to maintain a percentage of deposits in the form of liquid assets.$
3. C $sets the maximum interest rate which the banks can charge on loans.$
4. D $promote banks from lending beyond a specific proportion of their total reserves.$
Q10Section A1 mark
$‘In an economy, the currency held by the public, Net Demand Deposits with Commercial Banks and Net Time Deposits with Commercial Banks stand at ` 1,42,000 crore, ` 22,000 crore and ` 86,000 crore respectively. The value of Money Supply (M₁) would be ` __________ crore. (Choose the correct option to fill in the blank)$
1. A $2,50,000$
2. B $86,000$
3. C $1,64,000$
4. D $1,42,000$
Q12Section A3 marks
$“Under the provisions stated in the Section 20 and Section 21 of the Reserve Bank of India (RBI) Act, 1934, the RBI is mandated to handle the banking operations of the Government of India.” In the light of the given statement, elaborate the indicated function of the Reserve Bank of India.$
Q14Section A4 marks
$Michel, an entrepreneur of Country Zeta, borrowed $ 5 million from an overseas bank to expand his textile business. During the same financial year, the Government of Country Zeta secured a loan of $ 30 Billion from an International Financial Institution to manage the ongoing Balance of Payments. Samuel, an Economics student categorised both of these transactions as ‘autonomous transactions’ in the BoP account of the country. Do you agree with his classification ? Justify your answer with valid reasons.$
Q21Section B1 mark
$The Montreal Protocol was signed in the year 1987 committing nations to __________. (Choose the correct option to fill in the blank)$
1. A $protect biodiversity from any further losses.$
2. B $reduce the impact of global warming.$
3. C $protect ozone layer from depletion incurred due to chlorofluoro carbons .$
4. D $reduce the impact of deforestation.$

Board exam

2026Class 12Set 58/1/180 marks34 questions

11 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 2026, Class 12 Economics (030), paper 58/1/1, published by CBSE. CBSE's ZIP of every set