CLASS 12 CBSE TERM-1
ECONOMICS EXAM QUESTION PAPER
Time: 90 Minutes Max. Marks 35
General Instructions:
1. The Question Paper contains three sections.
2. Section A has 25 questions. Attempt any 20 questions.
3. Section B has 24 questions. Attempt any20 questions.
4. Section C has 6 questions. Attempt any 5 questions.
5. All questions carry equal marks.
6. There is no negative marking.
SECTION A
(20 questions out of 24 questions are to be attempted)
1. ‘Free distribution of LPG connection to poor people is a sign of social justice’.
Identify the ‘Objective of Government Budget’ from the above-mentioned statement.
(Choose the correct alternative)
(a) Promote economic growth
(b) Management of public enterprises
(c) Create equitable distribution of income
(d) Create fluctuation in revenue of the government
2. Exports and Imports of which of the following items will be a component of ‘ Balance of Trade’?
(a) Banking
(b) Shipping
(c) Merchandise
(d) Insurance
3. In the context of commercial banks, which of the following alternatives is correct?
(Choose the correct alternative)
(i) Deposits are liabilities of banks.
(ii) Commercial banks are creator of money.
(iii) Commercial banks accept deposits of the general public.
(iv) Accept deposits of World Bank for Agriculture and Rural developments.
Identify the correct alternative from the following:
(a) (i) and (ii)
(b) (ii) and (iii)
(c) (i), (ii) and (iii)
(d) (i) and (iv)
4. Find among the odd one among the following, with respect to the ‘Balance of Payments in India
(Choose the correct alternative) the Make in India Programme
Find the odd one out among the following, with India :
(a) Investments by Indian Investors under the Make in India Programme
(b) Loan received from Australia
(c) Investments from abroad
(d) Purchase of machinery from abroad
5. Read the given statements carefully and choose the correct alternative
on was an initiative taken by the Government of India to
Statement 1: Demonetisation was an initiative taken by the Government to curb black money, terrorism and the circulation of fake currency
Statement 2: Demonetisation has led people to shift from cash payments to electronic payments.
Alternatives :
(a) Both the statements are true.
(b) Both the statements are false.
(c) Statement 1 is true and statement 2 is false.
(d) Statement 2 is true and statement 1 is false.
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