CBSE Class 12 Sample Paper for 2023 Solutions - Economics

Question 1 [True False]

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Question 2 Important

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Question 3

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Question 4 [True False] Important

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Question 5 (Choice 1) [True False]

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Question 5 (Choice 2) Important

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Question 6 (Choice 1)

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Question 6 (Choice 2) Important

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Question 7 Important

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Question 8 (Choice 1)

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Question 8 (Choice 2) Important

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Question 9 [Assertion Reasoning] Important

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Question 10 [Assertion Reasoning] Important

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Question 11

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Question 12 (Choice 1)

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Question 12 (Choice 2) Important

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Question 13

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Question 14 Important

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Question 15 (Choice 1) Important

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Question 15 (Choice 2)

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Question 16 (a) Important

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Question 16 (b)

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Question 17 (Choice 1) - Part (a)

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

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Question 17 (Choice 2) - Part (a) Important left arrow to signify that you are on this page You are here

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

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Question 18

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Question 19 (Choice 1) Important

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Question 19 (Choice 2)

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Question 20 (Choice 1) Important

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Question 20 (Choice 2)

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Question 21

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Question 22 Important

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Question 23 [True False] Important

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Question 24 [True False] Important

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Question 25 (Choice 1)

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Question 25 (Choice 2)

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Question 26 [Assertion Reasoning] Important

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Question 27 [Assertion Reasoning] Important

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Question 28

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Question 29 (Choice 1)

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Question 29 (Choice 2) Important

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Question 30

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Question 31 (Choice 1) Important

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Question 31 (Choice 2)

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Question 32 Important

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Question 33 (Choice 1) - part a)

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Question 33 (Choice 1) - part b) Important

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Question 33 (Choice 1) - part c) Important

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Question 33 (Choice 2) - part a)

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Question 33 (Choice 2) - part b) Important

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Question 34 [Case Based] Important

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

Distinguish between revenue receipts and capital receipts of the government, with suitable examples.

 

Answer:

Revenue receipts are those receipts which neither creates any liabilities nor causes any reduction in the assets of the government. For example: taxes, dividends received from public enterprises etc.

Whereas;

Capital receipts are those receipts which either creates liabilities or causes reduction in the assets of the government. For example: borrowings, disinvestments etc.

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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