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For the exam on March 19, 2025, Class 12 CBSE Economics Answer Key 2025 has been provided here. The unofficial CBSE Class 12 Economics Answer Key 2025 PDF for all sets can be accessed below.
Class 12 CBSE Economics Answer Key 2025: Set-wise unofficial keys PDF downloadClass 12 CBSE Economics Answer Key 2025: CBSE Class 12 Economics exam was conducted on March 22, 2025, which concluded at 1.30 PM. As Class 12 CBSE Economics exam has concluded, the set-wise unofficial answer keys have been added here. For the same, the CollegeDekho experts have published the CBSE Class 12 Economics answers for the short questions only. Candidates who have appeared for today’s exam are advised to refer to the unofficial keys to evaluate their performance on the exam.
| Helpful for the next exam | | |
|---|---|
| CBSE Class 12 Accountancy Topper Answer Sheet | CBSE Class 12 Accountancy Chapter-Wise Weightage 2025 |
Class 12 CBSE Economics Unofficial Answer Key 2025
Check out the CBSE Class 12 Economics unofficial answer key 2025 for MCQs from both Section A and Section B here in the given tables:
Section A Macro Economics
Question Number
|
Questions
|
Correct Answers
|
|---|---|---|
1.
|
Market forces of demand and supply, actively interact under exchange rate system to determine the foreign exchange rate.
(A) fixed (B) flexible (C) managed floating (D) fixed floating | (B) flexible |
2.
|
Read the following statements carefully :
Statement 1: During deflationary gap, the Central Bank of a country may increase the repo rate. Statement 2: The government can reduce the deflationary gap by purchasing Government Securities (G-Sec) in the open market. In the light of the given statements, choose the correct option from the following: (A) Statement 1 is true and Statement 2 is false. (B) Statement 1 is false and Statement 2 is true. (C) Both Statements 1 and 2 are true. (D) Both Statements 1 and 2 are false. | (B) Statement 1 is false and Statement 2 is true. |
3.
|
Under the Keynesian theory, 'Reference Line' is a straight line passing through the origin drawn at an angle of
(A) 25° (B) 45° (C) 55° (D) 75° | (B) 45° |
4.
|
According to the data presented in the Union Budget 2023-24, the total receipts of the government (other than borrowings), and the total expenditure are estimated as 20 lakh crore and 45 lakh crore respectively. Therefore, the value of crore. deficit would be ₹25 lakh
(A) revenue (B) fiscal (C) trade (D) primary | (B) fiscal |
5.
|
Read the following statements carefully:
Statement 1: Marginal Propensity to Consume (MPC) exhibits the consumption per unit of income. F Statement 2: As the national income of a country rises, the proportionate increase in the consumption is always more than the increase in the income. In the light of the given statements, choose the correct option from the following: (A) Statement 1 is true and Statement 2 is false. (B) Statement 1 is false and Statement 2 is true. (C) Both Statements 1 and 2 are true. (D) Both Statements 1 and 2 are false. | (A) Statement 1 is true and Statement 2 is false. |
6.
|
In a two-sector economy, Aggregate Supply can be determined by adding _______ and _____.
(A) consumption, investments (B) investments, savings (C) consumption, savings (D) savings, exports | (A) consumption, investments |
7.
|
Read the following statements carefully :
Statement 1: Foreign aids are the capital receipts for the government. Statement 2: Disinvestments may lead to a decrease in the assets of the government. In the light of the given statements, choose the correct option from the following: (A) Statement 1 is true and Statement 2 is false. (B) Statement 1 is false and Statement 2 is true. (C) Both. Statements 1 and 2 are true. (D) Both Statements 1 and 2 are false. | (C) Both. Statements 1 and 2 are true. |
8.
|
From the following, identify the situation which indicates the Current Account Surplus (CAS) in Balance of Payments (BOP) account of a nation.
(A) Excess of receipts on current account over the payments on current account. (B) Equality of receipts on current account and payments on current account. (C) Excess of payments on current account over receipts on current account: (D) Excess of payments on current account over receipts on capital account. | (D) Excess of payments on current account over receipts on capital account. |
9.
|
To arrive at the value of Net Value Added at Market Price (NVAMP), ____ must be ____ to/from Gross Value Added at Market Price (GVA
MP
).
(A) depreciation, added (B) depreciation, subtracted (C) net indirect taxes, subtracted (D) net indirect taxes, added | (B) depreciation, subtracted |
10.
|
Identify, which of the following does not represent a public good.
(A) Free vaccines provided by the government- (B) Defence services provided by the military (C) Purchase of railway ticket by an individual (D) Street light installed by a city municipality | (C) Purchase of railway ticket by an individual |
Section B Indian Economic Development
Question Number
|
Questions
|
Correct Answers
|
|---|---|---|
18.
|
In the post-independence era, the policy makers of India emphasised on 'self-reliance' for the first Five Year Plans.
(A) 6 (B) 7 (C) 8 (D) 9 | (A) 6 |
19.
|
Identify, which of the following statements is incorrect about the Rural Banking system in India.
(A) The Rural Banking system in India consists of a set of multi-agency institutions. (B) In the post-independence period, a well-structured Rural Banking system was formulated in India. (C) Regional Rural Banks, Cooperative and Land Development Banks are components of the Rural Banking system in India. (D) The Rural Banking system in India works under the guidance, instruction and supervision of the State Bank of India. | (D) The Rural Banking system in India works under the guidance, instruction and supervision of the State Bank of India. |
20.
|
Identify, which of the following statements is incorrect about the functions of environment.
(A) Environment provides resources. (B) Environment absorbs wastage. (C) Environment sustains life. (D) Environment deteriorates quality of life. | (D) Environment deteriorates quality of life. |
21.
|
Choose the correct alternative from the options given below:
Assertion (A): Under the financial sector reforms introduced in 1991, the foreign investment limit in banks was raised up to around 74%. Reason (R): Foreign Institutional Investors (FIIs) were allowed to invest in Indian financial markets, post-1991. Options: (A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (C) Assertion (A) is true, but Reason (R) is false. (D) Assertion (A) is false, but Reason (R) is true. | (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). |
22.
|
Suppose an imaginary economy is experiencing a situation of rise in Real Gross Domestic Product (GDP), without any corresponding adequate rise in the employment opportunities in the economy."
In economic parlance, such a situation is termed as growth. (A) Casual (B) Informal (C) Formal (D) Jobless | (B) Informal |
23.
|
Read the following statements carefully:
Statement 1: The British policies led to huge employment generation in the secondary and tertiary sectors of the Indian Economy. Statement 2: The real motive of the colonial government's infrastructural development was to benefit interests of India. In the light of the given statements, choose the correct alternative from the following: (A) Statement 1 is true and Statement 2 is false. (B) Statement 1 is false and Statement 2 is true. (C) Both Statements 1 and 2 are true. (D) Both Statements, 1 and 2 are false. | (D) Both Statements, 1 and 2 are false. |
24.
|
Read the following statements carefully:
Statement 1: The purchase of food grains, made by the government on the Minimum Support Price (MSP), is maintained as buffer stock. Statement 2: Minimum Support Price (MSP) safeguards the farmers against any sharp fall in farm product prices. In the light of the given statements, choose the correct option from the following: (A) Statement 1 is true and Statement 2 is false. (B) Statement 1 is false and Statement 2 is true. (C) Both Statements 1 and 2 are true. (D) Both Statements 1 and 2 are false. | (C) Both Statements 1 and 2 are true. |
25.
|
Study the image.
From the following, choose the correct option which indicates similarities in the policies of India and Pakistan, in the post-1947 period: (A) Dual pricing policy (B) Commune system (C) Import substitution (D) Great Proletarian Cultural Revolution | (C) Import substitution |
26.
|
Production of diverse varieties of crops, rather than one specialised crop, is known as diversification of
(A) Crops (B) Agricultural Production (C) Sectoral Composition (D) Employment | (B) Agricultural Production |
27.
|
Read the following statements - Assertion (A) and Reason (R).
Assertion (A): People spend to acquire information related to labour and other markets (like, education and health). Reason (R): Expenditure on information is necessary for efficient utilisation of the human capital stock. Options (A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (C) Assertion (A) is true, but Reason (R) is false. (D) Assertion (A) is false, but Reason (R) is true. | (B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). |
Class 12 CBSE Economics 2025: Exam Analysis Link
Apart from the CBSE Class 12 Economics unofficial answer key, the candidates can find out the exam analysis here:
Class 12 CBSE Subject-Wise Answer Key 2025 |
| Subject Name | Answer Key Links |
|---|---|
| English Core | Class 12 CBSE English Answer Key 2025 |
| Chemistry | Class 12 CBSE Chemistry Answer Key 2025 |
| Physics | Class 12 CBSE Physics Answer Key 2025 |
| Mathematics | Class 12 CBSE Mathematics Answer Key 2025 |
| Physical Education | Class 12 CBSE Physical Education Answer Key 2025 |
| Entrepreneurship | Class 12 CBSE Entrepreneurship Answer Key 2025 |
| Business Studies | Class 12 CBSE Business Studies Answer Key 2025 |
| Geography | Class 12 CBSE Geography Answer Key 2025 |
| Hindi Core | |
| Political Science | Class 12 CBSE Political Science Answer Key 2025 |
Class 12 CBSE Toughest and Easiest Subject 2025 |
| Parameters | Links |
|---|---|
| Toughest Subject | Toughest Subject of CBSE Class 12 Exams 2025 |
| Easiest Subject | Easiest Subject of CBSE Class 12 Exams 2025 |
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