CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

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Read and download PDF of CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Economics Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Economics Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Economics Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Economics Pdf

Students can refer to the below Class 12 Economics Sample Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

Economics Class 12 Sample Paper

Question : How to classify goods as intermediate goods and final goods? 2
Or
'The welfare from Positive externalities doesn't effect GDP. ' Justify the given statement. 2
Answer : The distinction between intermediate goods and final goods is made on the basis of the use of product and not on the basis of product itself.
A commodity can be an intermediate good as well as a final good, depending upon its nature of use.
Or
As GDP does not take into account externalities, positive or negative, Positive externalities increases welfare but such external effects do not form part of market transactions.
 
Question : Calculate equilibrium level of income for a hypothetical economy, for which it is given that: 2
a) Autonomous Investments = ₹ 1000 crores, and
b) Consumption function, C = 100 + 0.75Y
Or
Calculate Change in Income (ΔY) for a hypothetical economy. Given that:
a) Marginal Propensity to Consume (MPC) = 0.9, and
b) Change in Investment (ΔI) = ₹1,000 crores. 2
Answer :  Given Consumption function is, 
C=100+0.75 Y 
Autonomous investments= 1000 
crores We know, at equilibrium level 
Y= C+I 
Y= 100+0.75Y+1000 
Y-0.75Y= 1100 
0.25Y=1100 
Y= ₹ 4,400 crores 
Or 
Given Δ I = ₹1,000 crores MPC= 0.9 
As we know,
 
c- 
 
 
 
Question : 'MPC falls with successive increase in income '. Justify the statement. 2
Answer : It happens because as an economy becomes richer, it has tendency to consume smaller percentage of each increment to it's income. Rich people spend a smaller proportion as they already enjoy a high standard of living. 
 
 
Question : State and discuss any two ways that will help in providing basic human right – ‘Health’ to all sections of society. 2
Or
Compare and analyze the ‘Regular salaried employed and self-employed’ in Rural and Urban Areas based on following information:

c

Answer : Two ways that will help in providing basic health facilities to all sections:
a) All citizens can get better health facilities if Public Health Services are decentralised.
b) Success in long term Battle against diseases depends on education and efficient health infrastructure. So, it is important to create awareness on health and hygiene and provide efficient systems.
Or
In urban areas regular salaried employees are comparatively high than employees in rural areas as the nature of work in urban areas is different. In rural areas majority of people depends on farming who owns plots of land and cultivate independently, so the share of self-employed is greater in rural areas than in urban areas. 
 
Question : “Economic and social Infrastructure together helps in the overall development of the country.” Justify the given statement with a valid argument. 2
Answer : The given statement is true; both economic and social infrastructure are crucial for the development of the country.
• Economic infrastructure Improves productivity levels in productive sectors such as agriculture and industry, by providing support services such as energy, transport, communication, etc. .
• Social infrastructure improves human productivity and efficiency through facilities of education, health, housing, etc. Hence, both are supplementary and complementary to each other.


Question : Giving valid reasons explain which of the following will not be included in estimation of National Income of India?
a) Profits earned by an Indian bank from its branches in America.
b) National debt interest / interest paid by household to the commercial bank.
c) Free clothes given to workers by the employer. 3
Or
Estimate the value of Nominal Gross Domestic Product for a hypothetical economy, the value of Real Gross Domestic Product and Price Index are given as ₹700.0 crores and 200 respectively. 3
Answer : 
a. Yes, it will be included in the national income as they are a part of the factor income from abroad.
b. No it will not be included in the national income as interest paid on the Loans taken for consumption purposes is not included.
c. Yes it will be included as these are a part of the compensation given to employees for their productive services.
Or
Nominal GDP = Real GDP × price index/ 100
=700 ×200 / 100
= ₹1400 crores


Question : Study the following information and compare the Economies of India and Indonesia on the grounds of ‘Investment in infrastructure as a percentage of GDP’
c-1
Answer :  ‘Investment in infrastructure as a percentage of GDP’ is that proportion of Gross Domestic Product which is invested for the development of infrastructural facilities in a country.
According to the given data it is evident that India is contributing 30% of its total GDP on infrastructural progress, which is just a notch above the corresponding figure of 34% for Indonesia.
Considering the vast geography of India this is a much lower proportion in comparison to Indonesia. If India wants to grow at a faster rate, she must concentrate on higher judicious investment on development of infrastructure. 

 

Please refer to the attached file for CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

2025
CBSE Class 12 Economics Sample Paper 2025 Solved
2023
CBSE Class 12 Economics Sample Paper 2023
CBSE Class 12 Economics Sample Paper 2023 Set A
2022
CBSE Class 12 Economics Sample Paper 2022 Set A Solved
CBSE Class 12 Economics Sample Paper 2022 Set B Solved
CBSE Class 12 Economics Sample Paper 2022 Set C Solved
CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set A
CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B
2021
CBSE Class 12 Economics Boards 2021 Sample Paper Solved
CBSE Class 12 Economics Sample Paper 2021 Set A Solved
CBSE Class 12 Economics Sample Paper 2021 Set B Solved
CBSE Class 12 Economics Sample Paper 2021 Set C Solved
2020
CBSE Class 12 Economics Boards 2020 Sample Paper Solved
CBSE Class 12 Economics Sample Paper 2020 Set A Solved
CBSE Class 12 Economics Sample Paper 2020 Set B Solved
CBSE Class 12 Economics Sample Paper 2020 Set C Solved
CBSE Class 12 Economics Sample Paper 2020 Solved
2019
CBSE Class 12 Economics Sample Paper 2019 Solved
2018
CBSE Class 12 Economics Sample Paper 2018 Set A
CBSE Class 12 Economics Sample Paper 2018 Set B
CBSE Class 12 Economics Sample Paper 2018 Set C
CBSE Class 12 Economics Sample Paper 2018 Set D
2017
CBSE Class 12 Economics Sample Paper 2017 Set A
CBSE Class 12 Economics Sample Paper 2017 Set B
CBSE Class 12 Economics Sample Paper 2017 Set C
CBSE Class 12 Economics Sample Paper 2017 Set D
CBSE Class 12 Economics Sample Paper 2017 Set E
CBSE Class 12 Economics Sample Paper 2017 Set F
2015
CBSE Class 12 Economics Sample Paper 2015 Set A
CBSE Class 12 Economics Sample Paper 2015 Set B
CBSE Class 12 Economics Sample Paper 2015 Solved Set A
CBSE Class 12 Economics Sample Paper 2015 Solved Set B
CBSE Class 12 Economics Sample Paper 2015 Solved Set C
CBSE Class 12 Economics Sample Paper 2015 Solved Set D
2014
CBSE Class 12 Economics Sample Paper 2014 Set A in Hindi
CBSE Class 12 Economics Sample Paper 2014 Set B
CBSE Class 12 Economics Sample Paper 2014 Set B in Hindi
CBSE Class 12 Economics Sample Paper 2014 Set C
CBSE Class 12 Economics Sample Paper 2014 Set C in Hindi
CBSE Class 12 Economics Sample Paper 2014 Set D
CBSE Class 12 Economics Sample Paper 2014 Set E
CBSE Class 12 Economics Sample Paper 2014 Set F
CBSE Class 12 Economics Sample Paper 2014 Set G
CBSE Class 12 Economics Sample Paper 2014 Set H
CBSE Class 12 Economics Sample Paper 2014 Set I
CBSE Class 12 Economics Sample Paper 2014 Solved Set A
2013
CBSE Class 12 Economics Sample Paper 2013 Set A
CBSE Class 12 Economics Sample Paper 2013 Set B
CBSE Class 12 Economics Sample Paper 2013 Set C
CBSE Class 12 Economics Sample Paper 2013 Set D
CBSE Class 12 Economics Sample Paper 2013 Set E
CBSE Class 12 Economics Sample Paper 2013 Set F
CBSE Class 12 Economics Sample Paper 2013 Set G
CBSE Class 12 Economics Sample Paper 2013 Set H
CBSE Class 12 Economics Sample Paper 2013 Solved Set A
CBSE Class 12 Economics Sample Paper 2013 Solved Set B
CBSE Class 12 Economics Sample Paper 2013 Solved Set C
CBSE Class 12 Economics Sample Paper 2013 Solved Set D
CBSE Class 12 Economics Sample Paper 2013 Solved Set E
CBSE Class 12 Economics Sample Paper in Hindi 2013 Set A
CBSE Class 12 Economics Sample Paper in Hindi 2013 Set B
CBSE Class 12 Economics Sample Paper in Hindi 2013 Set C
2012
CBSE Class 12 Economics Sample Paper 2012 Set C
CBSE Class 12 Economics Sample Paper 2012 Set D
CBSE Class 12 Economics Sample Paper 2012 Set E
CBSE Class 12 Economics Sample Paper 2012 Solved Set A
CBSE Class 12 Economics Sample Paper 2012 Solved Set B
2011
CBSE Class 12 Economics Sample Paper 2011 Solved Set A
CBSE Class 12 Economics Sample Paper 2011 Solved Set B
CBSE Class 12 Economics Sample Paper 2011 Solved Set C
CBSE Class 12 Economics Sample Paper 2011 Solved Set D
CBSE Class 12 Economics Sample Paper 2011 Solved Set E
2010
CBSE Class 12 Economics Sample Paper 2010 Set D
CBSE Class 12 Economics Sample Paper 2010 Solved Set A
CBSE Class 12 Economics Sample Paper 2010 Solved Set B
CBSE Class 12 Economics Sample Paper 2010 Solved Set C
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CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B

We hope you liked the above provided CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 12 Economics which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 12 Economics Sample Paper Term 2 2022 Solved Set B you will understand the regular questions and MCQ questions for Class 12 Economics which are always asked. You can download CBSE Class 12 Economics Sample Paper and Class 12 Economics Question Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Economics MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.

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