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Economics · 2024 · 1 mark
Determination of Income and EmploymentAggregate Demand and its Components1 markAnalyseassertion reason
CBSE 2024 · Region 2 · Set 1 · Q8
Read the following statements : Assertion (A) and Reason (R). Choose the correct alternative from those given below :Assertion (A) : The maximum value of Marginal Propensity to Save (MPS) can be unity.Reason (R) : At the break-even level of income, savings are zero.Alternatives :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
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CBSE Class 12 Economics past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.