CBSE Class 12 Sample Paper for 2023 Solutions - Economics

Question 1 [True False]

Question 2 Important

Question 3

Question 4 [True False] Important

Question 5 (Choice 1) [True False]

Question 5 (Choice 2) Important

Question 6 (Choice 1)

Question 6 (Choice 2) Important

Question 7 Important

Question 8 (Choice 1)

Question 8 (Choice 2) Important

Question 9 [Assertion Reasoning] Important

Question 10 [Assertion Reasoning] Important

Question 11

Question 12 (Choice 1)

Question 12 (Choice 2) Important

Question 13

Question 14 Important

Question 15 (Choice 1) Important

Question 15 (Choice 2)

Question 16 (a) Important

Question 16 (b) You are here

Question 17 (Choice 1) - Part (a)

Question 17 (Choice 1) - Part (b) Important

Question 17 (Choice 2) - Part (a) Important

Question 17 (Choice 2) - Part (b) Important

Question 18

Question 19 (Choice 1) Important

Question 19 (Choice 2)

Question 20 (Choice 1) Important

Question 20 (Choice 2)

Question 21

Question 22 Important

Question 23 [True False] Important

Question 24 [True False] Important

Question 25 (Choice 1)

Question 25 (Choice 2)

Question 26 [Assertion Reasoning] Important

Question 27 [Assertion Reasoning] Important

Question 28

Question 29 (Choice 1)

Question 29 (Choice 2) Important

Question 30

Question 31 (Choice 1) Important

Question 31 (Choice 2)

Question 32 Important

Question 33 (Choice 1) - part a)

Question 33 (Choice 1) - part b) Important

Question 33 (Choice 1) - part c) Important

Question 33 (Choice 2) - part a)

Question 33 (Choice 2) - part b) Important

Question 34 [Case Based] Important

Economics Class 12
Solutions to CBSE Sample Paper - Economics Class 12

State and discuss any two precautions to be considered while estimating national income by Expenditure Method.

 

Answer:

  1. Expenditure on second hand goods is not to be included in the final consumption expenditure as the production of these goods might not be attributed to the current year.
  2. Expenditure on ‘intermediate goods’ are not to be taken into account, to avoid the problem of double counting of value of goods and services.
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Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years and a teacher from the past 18 years. He teaches Science, Economics, Accounting and English at Teachoo