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

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Shivam Yadav

Updated on - Nov 21, 2025

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

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UP Board Economics Question Paper with Solutions


Question 1:

Who is called the father of Economics?

  • (A) Adam Smith
  • (B) Marshall
  • (C) Robbins
  • (D) Mehta

Question 2:

"What ought to be?" is a subject matter of

  • (A) Positive Economics
  • (B) Normative Economics
  • (C) Both (A) and (B)
  • (D) None of these

Question 3:

In how many categories are the factors of production broadly divided?

  • (A) 2
  • (B) 3
  • (C) 4
  • (D) 5

Question 4:

If the demand curve is parallel to the x-axis, then elasticity of demand is

  • (A) infinite
  • (B) one
  • (C) less than one
  • (D) more than one

Question 5:

If the demand curve is parallel to the x-axis, then what type of market will it be?

  • (A) Perfect competitive
  • (B) Monopolistic
  • (C) Oligopoly
  • (D) Monopolistic competitive

Question 6:

Where is the headquarters of the Reserve Bank of India?

  • (A) Delhi
  • (B) Mumbai
  • (C) Kolkata
  • (D) Chennai

Question 7:

Who presented the Central Budget on 23rd July, 2024?

  • (A) Narendra Modi
  • (B) Nirmala Sitharaman
  • (C) Yogi Adityanath
  • (D) Amit Shah

Question 8:

If the value of marginal propensity to consume is 0.8, what will be the value of marginal propensity to save?

  • (A) 1.8
  • (B) 1.0
  • (C) 0.2
  • (D) Zero

Question 9:

Keynes is associated with

  • (A) Micro-Economics
  • (B) Macro-Economics
  • (C) Both (A) and (B)
  • (D) None of these

Question 10:

Study of National Income is related to

  • (A) Micro-Economics
  • (B) Macro-Economics
  • (C) Both (A) and (B)
  • (D) None of these

Question 11:

What is "Micro-Economics"?


Question 12:

What do you mean by "Utility"?


Question 13:

What does "Cost" mean?


Question 14:

What does "Revenue" mean?


Question 15:

What is a Bank?


Question 16:

What do you mean by "Market"?


Question 17:

What is meant by "Full Employment"?


Question 18:

What is "Repo Rate"?


Question 19:

Explain various degrees of elasticity of demand diagrammatically.


Question 20:

Differentiate between marginal propensity to consume and marginal propensity to save diagrammatically.


Question 21:

Total Revenue of 10 labourers is Rs. 1,000. When 5 labourers are increased their Total Revenue becomes Rs. 1,500. Calculate Marginal Revenue.


Question 22:

Explain credit creation by banks.


Question 23:

Explain any three objectives of a Government Budget.


Question 24:

How is the flexible rate of exchange determined? Explain.


Question 25:

Explain consumer's equilibrium with the help of indifference curves.

OR

When the price of a commodity increases from Rs. 10 per unit to Rs. 11 per unit, demand shrinks from 100 units to 90 units. Calculate elasticity of demand.


Question 26:

What do you understand by Perfect Competition? Explain its salient features.

OR

Explain the supply curve of a firm in the short period and long period.


Question 27:

Following data is related to an economy. On the basis of these data calculate National Income of that economy: Wages: 1000, Rent: 400, Interest: 50, Dividend: 300, Mixed Income: 250. (Amounts in Crore Rupees).

OR

Describe the Product method of estimation of National Income.

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