CBSE Class 12 Economics 2022
79 questions · 234 marks · every one with the board’s own marking-scheme answer.
Marks by chapter
Counted from the 79 questions listed below, as the 2022 papers print them. CBSE allocates marks per unit, not per chapter — this is what was observed, not an official CBSE weightage. Every year compared →
| Chapter | Marks | Share |
|---|---|---|
| Determination of Income and Employment26 questions | 75 | 32.1% |
| National Income Accounting21 questions | 68 | 29.1% |
| Comparative Development Experiences of India and its Neighbours10 questions | 30 | 12.8% |
| Employment: Growth, Informalisation and Other Issues11 questions | 27 | 11.5% |
| Infrastructure4 questions | 13 | 5.6% |
| Environment and Sustainable Development3 questions | 12 | 5.1% |
| Human Capital Formation in India4 questions | 9 | 3.8% |
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 mk
- 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 mk
- Q3If planned savings exceed planned investments in an economy, state its likely impact on output and employment. OR If…2 mk
- 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 mk
- 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 mk
- 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 mk
- 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 mk
- 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 (i)…3 mk
- Q6“In the late 1970s, China’s population growth rate had sharply declined as compared to India.” Elucidate the reason and…3 mk
- 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 mk
- 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 mk
- 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 mk
- 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 mk
- 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 mk
- 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 mk
- Q10“India and Pakistan initiated their journey of development, nearly at the same time, yet the two economies have…3 mk
- 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 mk
- 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 mk
- 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) Royalty 10…5 mk
- Q12(I) From the following data, calculate the value of operating surplus: S.No. Items Amount in (₹ crore) (i) Royalty 5…5 mk
- Q12(i) State the meaning of the following: (I) Global burden of disease (II) Mortality Rate (ii) Discuss briefly, why less…5 mk
- 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 mk
- Q13Read the following text carefully and answer question number 13 and 13 given below: Green investment and sustainability…5 mk
- Q13Read the following text carefully. Answer questions number 13 and 13 on the basis of the given text and common…5 mk
- Q13Read the following text carefully. Answer questions number 13 and 13 on the basis of the given text and common…5 mk
Other Economics years
Answers come from CBSE’s own marking schemes. How we source them.