✓ Board-verified↻ asked 3×
Economics · 2024 · 1 mark
CBSE 2024 · Region 2 · Set 1 · Q5
Read the following statements carefully :Statement $\displaystyle 1$ : Economic territory and political frontier of a nation are one and the same thing.Statement $\displaystyle 2$ : American Embassy in India is a part of the economic territory of India.In the light of the given statements, choose the correct alternative from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(D)
Both statements $\displaystyle 1$ and $\displaystyle 2$ are false.
Marking-scheme solution
(D)
Both statements $\displaystyle 1$ and $\displaystyle 2$ are false.
More from National Income Accounting
- To arrive at the value of Net Value Added at Market Price (NVA MP ), must be to/from Gross Value Added at…2025 · asked 3×
- Income generated from Aircrafts of Air India operating between Canada and England would be added to the…2026 · asked 3×
- Read the following passage carefully: The domestic product measures the value of all goods and services…2026 · asked 3×
- Read the following statements carefully: Statement I: Positive externalities refer to the benefits a firm/an…2026 · asked 3×
- Following are the steps to measure National Income (NNP FC ) by Value Added method: (i) Calculate Domestic…2026 · asked 3×
- Read the following Flow chart carefully and choose the correct option:2026 · asked 3×
- Read the following statements carefully: Statement 1: Final goods are those goods which normally lose their…2026 · asked 3×
- (i) Suppose, there are only three firms in a hypothetical economy, viz. A, B and C. During a given period of…2025 · asked 3×
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.