KBPE Class 12 Economics Question Paper 2017

How to Prepare for KBPE Class 12 Economics Exam?

• The proven method is the more you practice, the better you can perform in your exam. 

• Proper study materials are provided with easy and accurate solutions which will help in the quick understanding of concepts. 

• We at Vedantu provide the KBPE Economics Class 12 Question Paper 2020 PDF which will be sure to be effective for their exam’s preparation. 

• We also designed the study course in such a manner which will help the students to get through the question papers with adequate and concise understanding.

KBPE Class 12 Economics Question Paper 2020 Break Up of Marks

The important chapters that you need to concentrate on for the economics paper are Micro & Macro-economics, Theory of consumer behaviour, National income accounting, Production & cost, Theory of firm under perfect competition, Income determinism, Market equilibrium, Government budget & country, Non-competitive market, Open economy macroeconomy.

Sample Questions on Economics

1. Which of these following conditions are not satisfied by the long run equilibrium of a firm under the perfect condition?

(a) P = AR

(b) AR = MR

(c) MC = MR

(d) AFC = AVC

2. Identify the curve given below. What do points A, B, C represent?

(Image to be added soon)

3. Match the following:

M1: This is the most commonly used measure of the money supply

M2: Least liquid form of the money supply

M3: M1 + Post Office Savings Deposits

M4: CU + DD

4. Fill in the blanks:

I. _______ = Revenue Expenditure – Revenue Receipts.

II. Primary Deficit = ______ – Net Interest Liabilities.

5. If the demand and supply functions of wheat are given by QD = 800 – 4P and QS = 600 + 4P respectively.

I. Find the equilibrium price and quantity demanded.

II. With the shortage of fertilizers, the cost of production of wheat is increased. So that the new supply function is QS = 400 + 4P. How will the equilibrium price and quantity demand react?

6. Illustrate the working of a pegged exchange rate system with a suitable diagram.

7. Why is there a different price elasticity along a linear demand curve? Illustrate with the help of a diagram.

8. Write a note about the interest responsiveness of the following motives for the demand for money.

I. Transaction Motive

II. Precautionary Motives

III. Speculative Motives

9. From the Budget line shown below, find the price of good X2 given that the price of X1 good is Rs. 30. The equation on the Budget line is given as P1X1 + P2X2 = 1000.

(Image to be added soon)

10. Which of the following is not correct?

I. Y= C+I+G+X-M

II. GNP= GDP + Net Factor Income from abroad

III. NNP = GNP – Depreciation

IV. NDP = GDP – Net Indirect Taxes

Passing Criteria for KBPE Class 12 Economic Question Paper

To pass the KBPE Class 12 Economics Question Paper, you will have to secure a minimum of 30%. TE qualifying score is 24 minimum and the duration of the exam is 2.5 hours.

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About KPBE

KBPE otherwise known as Kerala Board Public Examination is a state education board that renders a quality education system and conducts exams for students under Kerala Board affiliated schools and colleges.