CBSE Class 12 Economics 2022

What 2022 actually asked, chapter by chapter

Marks we counted in the 2022 papers themselves. CBSE allocates marks per unit, not per chapter — this is what was observed, not an official CBSE weightage.

All 79 questions from 2022

• Q1If the Real Gross Domestic Product is ₹ 16,000 crores and Gross Domestic Product at current prices is ₹ 20,000 crores,…2 mk
• Q1'Health is a yardstick of human well-being.' Justify the given statement with valid explanation.2 mk
• Q1Distinguish between Consumption goods and Capital goods. OR Giving valid reasons, classify the following into stock and…2 mk
• Q1If the Gross Domestic Product at current prices is ₹ 6,600 crore and GDP deflator is 110, calculate the Real Gross…2 mk
• Q1Justify the following statement: “Full employment is an essential condition to be fulfilled under Keynesian Economics…2 mk
• Q1'Consumption function curve of an involuntary unemployed workers start from some positive level on Y-axis even at zero…2 mk
• Q1Define ‘Worker Population Ratio’ and mention its utility. OR State any two harmful effects of using chemical…2 mk
• Q1State any two precautions to be adopted while estimating National Income by Income Method. OR Distinguish between…2 mk
• Q1Distinguish between Factor Income and Transfer Income. OR Distinguish between Domestic Income and National Income.2 mk
• Q2Define ‘Worker Population Ratio’ and mention its utility. OR State any two harmful effects of using chemical…2 mk
• Q2'Health is a yardstick of human well-being.' Justify the given statement with valid explanation.2 mk
• Q2Distinguish between Consumption goods and Capital goods. OR Distinguish between net export and net factor income from…2 mk
• Q2"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium…2 mk
• Q2Define ‘Worker Population Ratio’ and mention its utility. OR State any two harmful effects of using chemical…2 mk
• Q2You are given the consumption function of an imaginary economy, C = 100 + 0·8 Y, where C = Consumption and Y = Income.…2 mkasked 3×
• Q3State any two precautions to be adopted while estimating National Income by Expenditure Method. OR Distinguish between…2 mk
• Q3Justify the following statement: “Full employment is an essential condition to be fulfilled under Keynesian Economics…2 mkasked 2×
• Q3If planned savings exceed planned investments in an economy, state its likely impact on output and employment. OR If…2 mkasked 3×
• Q3"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium…2 mk
• Q3'Consumption function curve of an involuntary unemployed workers start from some positive level on Y-axis even at zero…2 mkasked 2×
• Q3“The nature of work in urban areas is different from rural areas.” Justify the given statement with a valid explanation.2 mk
• Q4Calculate the Equilibrium level of Income for an imaginary economy, if it is given that: Saving function, S = (–)500 +…2 mk
• Q4State and discuss any one component of Aggregate Demand in a two-sector economy.2 mkasked 3×
• Q4Compare and analyse the sector-wise trends in employment, based on following information: Trends in Employment…2 mk
• Q4“Workers working in formal sector earn more than those in the informal sector.” Defend or refute the given statement…2 mk
• Q4Calculate the Equilibrium level of Income for an imaginary economy, if it is given that: Consumption function, C = 400…2 mk
• Q4'Health is a yardstick of human well-being.' Justify the given statement with valid explanation.2 mk
• Q4Distinguish between Factor Cost and Market Price. OR Distinguish between Factor Income and Transfer Income.2 mk
• Q5At the break-even point level of incomes for the economy is ₹ 10,000 crores and if the people tends to save 20 per cent…2 mk
• Q5“Economic development in India has been accompanied by environmental concerns.” Do you agree with the given statement?…2 mkasked 3×
• Q5State any two precautions to be adopted while estimating National Income by Value Added Method. OR State any two…2 mk
• Q5Compare and analyse the sector-wise trends in employment, based on following information: Trends in Employment…2 mk
• Q5Calculate the Equilibrium level of Income for an imaginary economy, if it is given that: Consumption function, C = 500…2 mk
• Q5State the meaning of the following: (i) Global burden of disease (ii) Mortality Rate2 mk
• Q5'Ram is able to get work only for two hours in a day. Rest of the day, he is looking for work.' Is he unemployed? What…2 mk
• Q6Giving valid reasons, explain how the following would be treated while estimating domestic income? (i) Payment made by…3 mkasked 2×
• Q6Discuss briefly the problem of ‘Double Counting’, using a suitable example. OR Distinguish between Real Gross Domestic…3 mk
• Q6'Infrastructure facilities boost production.' Do you agree? Explain.3 mk
• Q6Based on the given data, compare any two parameters for the economies of India and China: S. No. Items India China ---…3 mkasked 3×
• Q6“In the late 1970s, China’s population growth rate had sharply declined as compared to India.” Elucidate the reason and…3 mkasked 3×
• Q7Giving valid reasons, explain how the following would be treated while estimating domestic income? (i) Payment made by…3 mk
• Q7'Women's health in India has become a matter of great concern.' Defend or refute the given statement with valid…3 mk
• Q7From the data given below, compare and analyse the status-wise distribution of workforce in India: Trends in Employment…3 mk
• Q7Discuss briefly the problem of ‘Double Counting’, using a suitable example. OR Distinguish between Real Gross Domestic…3 mkasked 2×
• Q7State and discuss any two indicators that help in measuring the health status of a country.3 mk
• Q7Explain the concept of ‘Dual Pricing’ adopted by China.3 mk
• Q7Why infrastructure needs to be upgraded?3 mk
• Q8Discuss briefly any two similar development strategies followed by India and Pakistan.3 mkasked 2×
• Q8"The Government has raised the exemption limit for the payment of Income tax from ₹ 2 lakh to ₹ 2.5 lakh." If the…3 mk
• Q8“In a hypothetical economy, planned savings fall short of planned investments, leading to fall in employment and…3 mkasked 3×
• Q8"The Government has raised the exemption limit for the payment of Income tax from ₹ 2 lakh to ₹ 2.5 lakh." If the…3 mk
• Q8Define 'liberty indicator' with the help of an example and state its importance.3 mk
• Q9Briefly explain the different phases of circular flow of income. OR In an economy, if the Real Gross Domestic Product…3 mkasked 3×
• Q9Define Inflationary Gap. State, how the government can control the situation of inflationary gap, using the taxation…3 mk
• Q9Define 'liberty indicator' with the help of an example and state its importance.3 mkasked 2×
• Q9Define Inflationary Gap. State, how the Central Bank of an economy can control the situation of inflationary gap, using…3 mk
• Q9"The Government has raised the exemption limit for the payment of Income tax from ₹ 2 lakh to ₹ 2.5 lakh." If the…3 mk
• Q10“Out of 30 million formal sector workers, only about 21% are women found in regular salaried employment.” Elucidate.3 mk
• Q10Discuss briefly the working process of investment multiplier (K), assuming that Change in Investment (ΔI) is ₹ 4,000…3 mkasked 3×
• Q10“India and Pakistan initiated their journey of development, nearly at the same time, yet the two economies have…3 mkasked 2×
• Q10“India and Pakistan initiated their journey of development, nearly at the same time, yet the two economies have…3 mk
• Q10Define Deflationary Gap. State, how the government can control the situation of deflationary gap, using the taxation…3 mk
• Q10Briefly explain any two similar developmental strategies opted by India and Pakistan for their respective developmental…3 mkasked 3×
• Q11'Investment multiplier and Marginal Propensity to Save are indirectly related to each other.' Explain with the help of…5 mk
• Q11'Investment multiplier and Marginal Propensity to Consume are directly related to each other.' Explain with the help of…5 mkasked 2×
• Q11Estimate the missing values (?), if the value of Gross Domestic Product at factor cost (GDP fc ) by Expenditure Method…5 mk
• Q11Explain the concept of deficient demand. How can government spending policy be helpful in correcting the situation of…5 mk
• Q11“Consumption and saving curves complement each other.” Do you agree with the statement? Explain with valid reasons.…5 mk
• Q11Estimate the missing values (?), if the value of Gross Domestic Product at factor cost (GDP fc ) by Expenditure Method…5 mk
• Q12Explain the concept of excess demand. How can government spending policy be helpful in correcting the situation of…5 mk
• Q12(I) From the following, calculate the value of net domestic product at factor cost: S. No. Items Amount in (₹ crore)…5 mk
• Q12(I) From the following data, calculate the value of operating surplus: S. No. Items Amount in (₹ crore) --- --- --- (i)…5 mk
• Q12(I) From the following data, calculate the value of operating surplus: S.No. Items Amount in (₹ crore) --- --- --- (i)…5 mk
• Q12(i) State the meaning of the following: (I) Global burden of disease (II) Mortality Rate (ii) Discuss briefly, why less…5 mkasked 3×
• Q12Estimate the missing values (?), if the value of Gross Domestic Product at factor cost (GDP fc ) by Expenditure Method…5 mk
• Q12From the following data, show that the National Income will be same from both Income Method and Expenditure Method: S.…5 mkasked 3×
• Q13Read the following text carefully and answer question number 13 and 13 given below: Green investment and sustainability…5 mkasked 3×
• Q13Read the following text carefully. Answer questions number 13 and 13 on the basis of the given text and common…5 mkasked 3×
• Q13Read the following text carefully. Answer questions number 13 and 13 on the basis of the given text and common…5 mkasked 3×