List of top Economics Questions asked in CBSE Class Twelve Board Exam

Recently, India hosted and chaired the summit of ............ one of the regional and economic groupings. (Choose the correct option to fill in the blank)
Read the following statements carefully:
Statement 1: In order to address the problem of water and air pollution in India, the Government of India had established the Central Pollution Control Board (CPCB).
Statement 2: Deforestation leads to the permanent destruction of indigenous forests.
............ is one of the demographic indicators in which Pakistan is ahead of India and China. (Choose the correct option to fill in the blank)
Modernization is an important economic planning objective that focuses on ................ (Choose the correct option to fill in the blank) (i) Adoption of innovative technology
(ii) Bringing positive change in social outlook
(iii) Equal distribution of income and wealth
(iv) Abolition of intermediaries
Identify, the incorrect feature associated with the formal sector of employment in any economy. (Choose the correct option)
Under ............ unemployment the marginal productivity of a worker is equal to zero. (Choose the correct option to fill in the blank)
Prime beneficiary of the Minimum Support Price (MSP) fixed by the government is ................ (Choose the correct option to fill in the blank)
“In a two-sector economy, consumption expenditure by households is always equal to aggregate expenditure on goods and services produced by the firms.”
Do you agree with the given statement? Support your answer with valid explanation.
“MSMEs play a pivotal role in the India’s journey of development. Do you agree with the given statement?” Give valid reason in support of your answer.
Explain key measures initiated by the Government for strengthening MSMEs.
Identify, which of the following is not a feature of physical capital. (Choose the correct option)
(i) Tangibility
(ii) Tradability
(iii) Immobility
Define Current Account Surplus.
State one example of External Assistance as a component of capital account.
“In an economy, ex-ante investment (I) exceeds ex-ante savings (S).”
Explain the likely impact of the given situation on output, employment and income.
“Domestic income is always less than national income.”
Do you agree with the given statement? Support your answer with valid arguments.
“Margin requirements are extremely helpful in correcting the situation of deflationary gap in an economy.”
Justify the given statement with valid arguments.
Define excess demand.
The 45° line in Keynesian economics indicates .............
(Choose the correct option to fill in the blank)
Aggregate expenditure in the economy during an accounting year is also known as ................
(Choose the correct option to fill in the blank)
Read the following statements carefully:
Statement 1: Open Market Operations refers to purchase/sale of Government Securities (G-Sec) by the Central Bank.
Statement 2: To decrease money supply, Central Bank will sell the Government Securities to commercial banks.
Marginal Propensity to Consume (MPC) exhibits the slope of ............ function.
(Choose the correct option to fill in the blank)
Suppose, the consumption function is given as:
\[ C = 205 + 0.9Y \quad \text{(where C = Total Consumption and Y = National Income)} \]
The value of Investment Multiplier (K) would be ................
(Choose the correct option to fill in the blank)
Commercial banks are regarded as money creators because: (Choose the correct option)
Fill in the blank:
............... releases data of money supply in India. (Choose the correct option to fill in the blank)
"In the recent times through various schemes and policies, the Government of India has taken vital initiatives to generate employment directly/indirectly." Justify the statement giving valid arguments.