CBSE 2026 Class 12 Economics Question Paper with Solutions PDF - Set 3

CBSE CLASS XII Questions

• 1.

  Calculate Net Domestic Product at Market Price (NDP_MP) from the data given below:
   

  S. No.	Particulars	Amount (in ₹ lakh)
  (i)	Gross Domestic Product at Factor Cost	2200
  (ii)	Subsidies	50
  (iii)	Indirect Taxes	70
  (iv)	Net Factor Income from Abroad	100
  (v)	Consumption of Fixed Capital	150
  (vi)	Net Exports	40

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• 2.

  Read the following text carefully and compare the impact of subsequent reforms initiated by China and India.
  China underwent substantial policy changes to stimulate their economy. China's economic growth was rapid in the late 1970s across various sectors. However, India had to wait much longer for its economic transformation. India's significant economic progress was only realised after the economic reforms of 1991, which were implemented out of compulsion.
  On the basis of given text and common understanding, compare the impact of subsequent reforms initiated by China and India.

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• 3.

  Distinguish between Net Factor Income from Abroad (NFIA) and Net Exports (X -- M).

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• 4.

  Suppose in an economy, primary deposits are ₹ 500, if the Reserve Ratio is 25\%. Estimate the total deposits created and the total lending by the banking system.

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• 5.

  Evaluate any two factors that led to the rapid growth in economic development in China.

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• 6.

  Elaborate the likely impact of construction of two new Express Highways on the Gross Domestic Product (GDP) and Welfare in an economy.

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