Subject

Economics

Class

CBSE Class 12

Pre Boards

Practice to excel and get familiar with the paper pattern and the type of questions. Check you answers with answer keys provided.

Sample Papers

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 Multiple Choice QuestionsShort Answer Type

11.

Explain any two factors that affect the price elasticity of demand. Give suitable examples.


Explain any two factors that affect the price elasticity of demand. Give suitable examples.

594 Views

12.

Explain the relationship between prices of other goods and demand for the given period. 


Explain the relationship between prices of other goods and demand for the given period. 

2355 Views

13. Giving reasons, state whether the following statements are true or false.
When equilibrium price of a good is less than its market price, there will be competition among the sellers. 

Giving reasons, state whether the following statements are true or false.
When equilibrium price of a good is less than its market price, there will be competition among the sellers. 
983 Views

14.

Production in an economy is below its potential due to unemployment. Government starts employment generation schemes. Explain its effect using production possibilities curve. 


Production in an economy is below its potential due to unemployment. Government starts employment generation schemes. Explain its effect using production possibilities curve. 

1133 Views

15.

Giving reasons, state whether the following statements are true or false.
A monopolist can sell any quantity he likes at a price.


Giving reasons, state whether the following statements are true or false.
A monopolist can sell any quantity he likes at a price.

1503 Views

16.

Explain “large number of buyers and sellers” features of a perfectly competitive market. 


Explain “large number of buyers and sellers” features of a perfectly competitive market. 

1755 Views

17.

The price elasticity of demand for a good is − 0.4. If its price increases by 5 percentage, by what percentage will its demand fall? Calculate. 


The price elasticity of demand for a good is − 0.4. If its price increases by 5 percentage, by what percentage will its demand fall? Calculate. 

849 Views

18.

Explain the conditions of producer’s equilibrium with the help of a numerical example. 


Explain the conditions of producer’s equilibrium with the help of a numerical example. 

1258 Views

 Multiple Choice QuestionsLong Answer Type

19.

Explain the Law of Variables Proportions with the help of total product and marginal product curves. 


Explain the Law of Variables Proportions with the help of total product and marginal product curves. 

2620 Views

20.

Explain consumer’s equilibrium with the help of Indifference Curve Analysis.


Explain consumer’s equilibrium with the help of Indifference Curve Analysis.

2637 Views