UP Board Class 12 Economics Question Paper 2025 (Code 329 JH) Available- Download Here with Solution PDF

Shivam Yadav's profile photo

Shivam Yadav

Updated on - Nov 21, 2025

UP Board Class 12 Economics Question Paper 2025 PDF (Code 329 JH) is available for download here. The Mathematics exam was conducted on March 4, 2025 in the Morning Shift from 2:00 PM to 5:15 PM. The total marks for the theory paper are 100. Students reported the paper to be easy to moderate.

UP Board Class 12 Economics Question Paper 2025 (Code 329 JH) with Solutions

UP Board Class Physics Question Paper with Answer Key download iconDownload Check Solutions
UP Board Economics Question Paper with Solutions


Question 1:

``Supply creates its own demand." This statement is given by

  • (A) Ricardo
  • (B) J.S. Mill
  • (C) J.B. Say
  • (D) A.C. Pigou

Question 2:

``Money is the pivot around which economic science revolves." It is a statement of

  • (A) Adam Smith
  • (B) A.C. Pigou
  • (C) Marshall
  • (D) Crowther

Question 3:

The law of Equi-Marginal Utility was propounded by

  • (A) Marshall
  • (B) Jevons
  • (C) Pigou
  • (D) Menger

Question 4:

Under perfect competition, the demand curve of a firm is

  • (A) Elastic
  • (B) Inelastic
  • (C) Perfectly elastic
  • (D) Perfectly inelastic

Question 5:

If elasticity is equal to 3 and Average Revenue is Rs. 30, then Marginal Revenue will be

  • (A) Rs. 20
  • (B) Rs. 30
  • (C) Rs. 10
  • (D) Rs. 90

Question 6:

Who is known as the father of Macroeconomics ?

  • (A) Adam Smith
  • (B) Keynes
  • (C) Robertson
  • (D) Friedman

Question 7:

Which of the following methods is used to estimate National Income in India ?

  • (A) Production method
  • (B) Expenditure method
  • (C) Income method
  • (D) All of these

Question 8:

Which of the following has the monopoly of note issue in India ?

  • (A) World Bank
  • (B) Reserve Bank of India
  • (C) Commercial Bank
  • (D) Exim Bank

Question 9:

Balance of trade is related to

  • (A) Import of Goods
  • (B) Export of Goods
  • (C) Import and Export of Goods
  • (D) None of these

Question 10:

What is Positive Economics ?


Question 11:

What do you understand by Average Utility ?


Question 12:

What is Opportunity Cost ?


Question 13:

What is Indifference Curve ?


Question 14:

Define National Income.


Question 15:

What are Intermediate Goods ?


Question 16:

State three functions of central bank.


Question 17:

Define Involuntary unemployment.


Question 18:

Explain diagrammatically the law of Constant Return to Scale.


Question 19:

What do you understand by demand function ? Why does a demand curve fall from left to right ?


Question 20:

What do you understand by elasticity of demand ?


Question 21:

Explain the Gross National Product at Market Price.


Question 22:

Describe the allocation function and re-distribution function of a government budget.


Question 23:

What do you understand by supply of money ? Explain the three factors affecting it.


Question 24:

What is law of Variable Proportion ? How many stages of law of variable proportion are there ?


Question 25:

Explain with the help of a diagram the relationship between Total Cost, Average Cost and Marginal Cost.


Question 26:

Explain the concept of Perfect Competition. How is equilibrium of a firm attained in the long run ?


Question 27:

Explain the concepts of Domestic Product, National Product and Personal Income.


Question 28:

Write a short note on Foreign Exchange Rate. What are meant by Fixed and Flexible Exchange Rates ?


Question 29:

Explain with diagram, the determination of Income in a Two Sector Economy.

Comments


No Comments To Show