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Economics · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 1 · Q7
Read the following statements carefully: Statement I: Positive externalities refer to the benefits a firm/an individual provides to another for which…
Read the following statements carefully :Statement I : Positive externalities refer to the benefits a firm/an individual provides to another for which they are paid.Statement II : In case of positive externalities, Gross Domestic Product (GDP) of an economy might lead to an overestimation of the actual welfare.In the light of the given statements, choose the correct option from the following :
Official answer
(D)
Both Statements I and II are false.
Marking-scheme solution
(D)
Both Statements I and II are false.
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CBSE Class 12 Economics past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.