List of top Questions asked in CBSE CLASS XII- 2026

__________ was the successor organisation to General Agreement on Trade and Tariff (GATT).

(Choose the correct option to fill in the blank)

Read the following statements carefully :

Statement I : Population explosion, affluent consumption and production have placed a huge stress on the environment.

Statement II : Carrying capacity is the largest size of a density-dependent population for which the population growth rate is zero.

In the light of the given statements, choose the correct option from the following :

Define Liberty Indicator and mention its significance.

Anaya and Rohan owned separate farms. Anaya focused on learning modern farming techniques, training workers in crop rotation, soil management, and pest control.

On the other hand, Rohan invested in advanced machinery, irrigation systems, HYV seeds.

“Both Anaya and Rohan invested in human capital.”

Do you agree with the given statement ? Give valid argument in support of your answer.

Identify the correct option with reference to the following statement :

“Farmers and industrial units were required to transact fixed quantities of raw materials and finished goods on the basis of prices fixed by the government, while the rest were purchased and sold at market price.”

Read the following statements carefully :

Statement I : Diversification in agriculture relates to change in cropping pattern and shift in workforce to allied activities.

Statement II : Agricultural marketing is a process that involves the assembling, storage, processing, transportation, packaging, grading and distribution of agro-products.

In the light of the given statements, choose the correct option from the following :

Human Development is based on the idea that ___________ and ___________ are integral to human wellbeing.

(Choose the correct option to fill in the blanks)

Which of the following is not an advantage of Green Revolution ?

Based on the given image, choose the incorrect option :

Read the following statements : Assertion (A) and Reason (R). Choose the correct option from those given below :

Assertion (A) : Education is one of the important factors for economic growth of a country.

Reason (R) : A healthy person could provide uninterrupted labour supply for a longer period of time.

Read the following statements carefully :

Statement I : Worker Population Ratio is used for analyzing the overall employment situation of a country.

Statement II : A garment company has hired two workers on daily wage basis. Such a situation is considered as a formal sector employment.

In the light of the given statements, choose the correct option from the following :

Identify the incorrect statement from the following.

Differentiate between the two types of tax revenue sources of the government.

If, for an economy, Primary Deficit is ₹ 1,000 crore and interest payments are 20% of total borrowings of the government, then calculate the value of fiscal deficit.

Medha, an economics student, was studying about the expenditure on defence incurred by the government in the form of acquiring new platforms (jets, submarines etc.), and salaries and pensions of armed forces personnel.

She classified both the expenditures as capital expenditure.

Do you agree with Medha’s views ? Give valid explanation in support of your answer.

“The Credit Linked Subsidy Scheme (CLSS) is a key component of the Pradhan Mantri Awas Yojana (PMAY), aimed at providing affordable housing for the Economically Weaker Sections (EWS), Lower-income Groups (LIG), and Middle-income Groups (MIG) in India.”

Identify and explain the government budget objective highlighted in the above statement.

Explain the process of working of Investment Multiplier, for a hypothetical economy with Marginal Propensity to Consume (MPC) as 0.8 and Incremental Investment as ₹ 2,000 crore.

Explain the adjustment mechanism, if in an economy, ex-ante Aggregate Demand (AD) is more than ex-ante Aggregate Supply (AS).

Explain any one component of money supply.

“Economic transactions that are recorded in the current account can be classified in two parts — merchandise and invisibles. Net inflows from both the transactions are referred to as Trade Surplus.”

Do you agree with the given statement ? Give valid arguments in support of your answer.

Define Accommodating Items under Balance of Payments (BoP).

Define Money Supply.

On the basis of the given data, estimate the value of Gross Domestic Product at Factor Cost (GDP_FC) :

Explain any two precautions to be kept in mind while estimating National Income by the Income method.

Reserve Bank of India (RBI) performs the function of Banker to the Banks by acting as a :

(i) Clearing House

(ii) Custodian of Cash Reserves

(iii) Lender to the Government

(iv) Periodic inspection of Banks