CBSE Class 12 Economics Exam 2025 Most Repeated Questions

CBSE Class 12 Economics Exam 2025 Most Repeated Questions

CBSE Class 12 Economics Exam 2025 Most Repeated Questions: CBSE Class 12 Economics exam is scheduled to be held on March 19, 2025. Candidates will get 20 MCQs of 1 mark to 3 marks short answer type questions to 6 marks long answer typed questions in the CBSE Class 12 Economics 2025 exam. Along with it, the candidates should also check out the CBSE Class 12 Economics most repeated questions here, which were asked in the past year’s exam. So that the candidates who will be appearing for the CBSE Class 12 Economics exam can refer to this news. It will help them to uplift their last-minute preparation, and they can assume from which topic they might get questions in the CBSE Class 12 exam.

CBSE Class 12 Economics Exam 2025 Most Repeated Questions

Here the candidates can find out the CBSE Class 12 Economics 2025 most repeated questions from all marks ranges in the following section.

1 mark questions:

1. Name the three central problems of an economy.
2. What does a point inside the PPC indicate?
3. How is total utility derived from marginal utility?
4. What will be the MP when TP is at maximum?
5. Nominal GNP is the same as:
   • GNP at constant prices
   • Real GNP
   • GNP at current prices
   • GNP less Net Factor income from abroad
6. The major source of Revenue receipt for the government is not:
   • Tax Revenue
   • Wealth Tax
   • Income Tax
   • Profits

3 Marks Short Answer Questions:

1. What is the opportunity cost? Explain with the help of a numerical example.
2. Why is a PPC concave? Explain.
3. Explain various degrees of price elasticity of demand with the help of diagrams.
4. What are the Returns to a Factor? What do you mean by the Law of Diminishing Returns?
5. What is double counting in the economy? How can it be avoided?
6. What are the three major ways of Public Expenditure?

6 Marks Long Answer Questions:

1. What is the production possibility frontier?
2. Draw a PPC and mark the following situations.
   • Underutilization of resources
   • Growth of resources
   • Full employment of resources
3. How is equilibrium achieved with the help of indifference curve analysis?
4. Explain the determinants of supply.
5. Giving reason, explain whether the following are included in domestic products of India.
   • Profits earned by a branch of foreign bank in India
   • Payment of salaries to its staff by the embassy located in New Delhi
   • Interest received by an Indian resident from its abroad firms
6. Explain the objectives of resource allocation and income distribution in a government budget.

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