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CBSE 12 Economics Question Paper-2025 Set-4
This mock test includes actual CBSE Class 12 Economics board exam questions from the year 2025 set-4, helping students understand exam trends and practice real paper format
Duration
25 min
Questions
25
Marking
Negative
Questions Preview
To arrive at the value of Net Value Added at Market Price (NVA_MP), _ must be _ to/from Gross Value Added at Market Price (GVA_MP). (Choose the correct option to fill in the blanks)
Identify which of the following does not describe a public good.
Market forces of demand and supply, actively interact under __ exchange rate system to determine the foreign exchange rate.
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): During Deflationary Gap, the Central Bank of a nation may increase the Repo rate. Reason (R): The government can reduce Deflationary Gap by purchasing Government Securities (G-Sec) in the open market.
Under the Keynesian theory, 'Reference Line' is a straight line passing through the origin drawn at an angle of __.
As per the data presented in the Union Budget 2023-24, the total receipts of the government (excluding borrowings) and the total expenditure are estimated at ₹ 20 lakh crore and ₹ 45 lakh crore respectively. The value of __ deficit would be ₹ 25 lakh crore.
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): Marginal Propensity to Consume (MPC) shows consumption per unit of income. Reason (R): As national income of a country increases, the proportional increase in consumption is always more than the increase in income.
A situation when the value of the exchange rate of a country's currency in the international money market falls, is termed as:
Which of the following would be an example of a Capital Receipt of the government?
Read the following statements carefully: Statement 1: The major part of the government budget's expenditure is 'Revenue Expenditure'. Statement 2: Capital receipts are recurring and regular in nature. In the light of the given statements, choose the correct option from the following:
From the following, identify the non-tax revenue:
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): To reduce the problem of over-population, the government should adopt a 'One Child' policy. Reason (R): There is an inverse relationship between population and economic development.
Read the following statements carefully: Statement 1: Both China and India followed the same developmental strategies. Statement 2: China's economic reforms were introduced in the year 1978. In the light of the given statements, choose the correct option from the following:
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): In India, after independence, the agricultural productivity was very low. Reason (R): The primary reason for low agricultural productivity was high-cost technology and use of low yielding variety seeds.
Which of the following is an example of an autonomous item in Balance of Payments (BOP)?
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): In India, after independence, the agricultural productivity was very low. Reason (R): The primary reason for low agricultural productivity was high-cost technology and use of low yielding variety seeds.
Read the following statements carefully: Statement 1: Both China and India followed the same developmental strategies. Statement 2: China's economic reforms were introduced in the year 1978. In the light of the given statements, choose the correct option from the following:
In the context of government budget, 'Revenue Expenditure' refers to a type of government expenditure that neither creates a physical or financial asset nor reduces a liability. Which of the following is NOT an example of revenue expenditure?
To arrive at the value of Net Value Added at Market Price (NVA_MP), _ must be _ to/from Gross Value Added at Market Price (GVA_MP). (Choose the correct option to fill in the blanks)
Read the following statements carefully: Statement 1: The major part of the government budget's expenditure is 'Revenue Expenditure'. Statement 2: Capital receipts are recurring and regular in nature. In the light of the given statements, choose the correct option from the following:
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): In India, with the onset of reforms in 1991, the government adopted the policy of disinvestment. Reason (R): Disinvestment was resorted to, for improving financial discipline and facilitating modernization.
In India, one of the main objectives of agricultural reforms was to raise agricultural productivity. Identify the step taken by the government towards achieving this objective.
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A): In case of a deficit in Balance of Payments (BOP), the Central Bank of the country takes initiatives to sell foreign currency from its reserves. Reason (R): A deficit in Balance of Payments (BOP) arises when foreign payments exceed foreign receipts.
As the Banker to the Bank, Reserve Bank of India performs all functions except __.
The Foreign Exchange Rate of a country is the price of a foreign currency in terms of __ .