CBSE Class 12 Economics Answer Key 2025 (Available): Set-wise Unofficial Key PDF, Exam Analysis

CBSE Class 12 Economics exam was conducted on March 19, 2025. Check here the CBSE Class 12 Economics Answer Key 2025 and download PDF for all sets. Also, check exam analysis here!

CBSE Class 12 Economics Answer Key 2025: The CBSE Class 12 Economics exam was conducted on March 19, 2025, in offline mode. The exam was conducted for a total of 3 hours duration. The total marks for the theory exam was 80. The Economics paper for CBSE class 12 Exam 2025 was divided into 2 parts: Part A and Part B. Part A was based on Introductory Macroeconomics and was for a total of 40 marks. Moreover, Part B was based on Indian Economic Development and was also for a total of 40 marks.

The candidates can check below the set-wise CBSE Class 12 Economics Answer Key 2025 along with the question paper and exam analysis.

CBSE Class 12 Economics Exam 2025 Difficulty Level: Student Reaction

We have updated here the students' reaction to CBSE Class 12 Economics exam:

The overall difficulty level of the exam was easy to moderate.
The MCQ questions were easy and direct.
The case-based questions were also straightforward and not time-consuming.
The overall paper was balanced with a mix of direct and application-based questions.

CBSE Class 12 Economics Exam Analysis 2025

The below table overviews the complete CBSE Class 12 Economics Answer Key 2025 exam analysis:

Particulars	Analysis
Overall Difficulty Level	Easy to moderate
Difficulty Level of Part A	Easy to moderate
Difficulty Level of Part B	Moderate
Topics with Highest Weightage in Exam	Micro Economics
Expected Number of Good Attempts	65+

CBSE Class 12 Economics Answer Key 2025 PDF

In the link provided below, we will update the unofficial answer key for CBSE Class 12 Economics exam soon. The candidates will be able to download the CBSE Class 12 Economics answer key in PDF form by clicking on the link below:

SECTION - A

Q.1. Identify, which of the following is not to be considered while estimating the Revenue Deficit of a country.

(A) Wages and salaries paid by the government
(B) Interest payments made by the Central Government
(C) Direct Tax Collection
(D) Expenditure incurred on construction of flyover

Ans: Option C

Q.2. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below:

Assertion (A): In case of public goods no one can be excluded from enjoying the benefits.

Reason (R): Public goods are non-rivalrous and non-excludable in nature.

(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
(B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false, but Reason (R) is true.

Ans: Option A

3. Value Addition = _____ - Value of Intermediate Consumption.

(i) Domestic sales
(ii) Sales – change in stock
(iii) Value of output
(iv) (Number of units produced) × (Price per unit)

(A) (i) and (ii)
(B) (ii) and (iii)
(C) (ii), (iii), and (iv)
(D) (iii) and (iv)

Ans: Option D

4. Suppose for an economy, autonomous consumption stands as ₹ 100 crore and total consumption is ₹ 130 crore. The value of induced consumption would be ₹ _____ crore.

(A) 30
(B) 80
(C) 100
(D) 130

Ans: Option B

5. In Keynesian Economics, _____ starts from the origin and is always drawn at an angle of 45°.

(A) Consumption curve
(B) Aggregate demand curve
(C) Reference line
(D) Investment curve

Ans: Option C

6. The monetary policy is formulated by the _____ in the Indian economy.

(A) Central Government
(B) State Governments
(C) Reserve Bank of India
(D) World Bank

Ans: Option C

7. To arrive at the value of the equilibrium level of income, there must exist an equality between ex-ante _____ and ex-ante _____.

(i) Aggregate Demand, Aggregate Supply
(ii) Aggregate Demand, Savings
(iii) Aggregate Demand, Investment
(iv) Savings, Investment

(A) (i) and (ii)
(B) (i) and (iv)
(C) (ii) and (iii)
(D) (iii) and (iv)

Ans: Option C

8. The budget under, which the government may spend an amount equal to the revenue it collects is referred as _____ Budget.

(A) Surplus

(B) Deficit

(D) Deflationary

Ans: Option C

9. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below:

Assertion (A): If the value of Marginal Propensity to Save is 0.5, Marginal Propensity to Consume will be equal to Marginal Propensity to Save.

Reason (R): Sum of Marginal Propensity to Consume and Marginal Propensity to Save always equals to unity.

Ans: Option A

10. As the Banker to the Bank, Reserve Bank of India performs all functions except _____.

(A) Purchase and sale of securities on behalf of the general public
(B) Maintaining current account for Commercial Banks
(C) Clearing and settlement of Interbank transactions
(D) Facilitating governmental transactions

Ans: Option A

SECTION - B

18. In recent years, all the adults are encouraged to open bank accounts as a part of a scheme known as _____.

(A) Jan-Dhan Yojana

(B) Jan-Aushadhi Yojana

(D) Jan-Arogya Yojana

Ans: Option A

19. The given chart indicates the problem of _____ in the Indian Economy, post 1990-92.

(A) Informalisation of Workforce
(B) Casualisation of Workforce
(C) Jobless Growth
(D) Formalisation of Workforce

Ans: Option C

20. Read the following statements carefully:

Statement 1: Environmental concerns of waste generation and pollution have become critical, due to reversal of demand and supply relationship.

Statement 2: Environmental crisis happens when the rate of resource extraction is less than that of regeneration of resource.

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

(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both statements 1 and 2 are false.
(D) Both statements 1 and 2 are true.

Ans: Option C

21. _____ are the people who operate their own farms/enterprises.

(A) Hired Workers
(B) Casual Wage Workers
(C) Regular Salaried Employees
(D) Self-Employed

Ans: Option D

22. Agricultural marketing is a process that involves the _____ of agricultural commodities.

(A) (i) and (ii)
(B) (ii) and (iii)
(C) (ii), (iii), and (iv)
(D) (iii) and (iv)

Ans: Option C

23. _____ is based on the idea that education and health are integral to human well-being.

(A) Human Resource
(B) Human Development
(C) Human Capital
(D) Economic Development

Ans: Option C

24. _____ of agriculture refers to the production of crops for sale in the open market rather than for self-consumption purposes.

(A) Commercialisation
(B) Diversification
(C) Digitisation
(D) Modernisation

Ans: Option A

25. Read the following statements carefully:

Statement 1: In 1978, commune lands were divided into small plots to individual households for cultivation.

Statement 2: Under the commune system, professionals were sent to work and learn from the countryside.

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

(A) Statement 1 is true and Statement 2 is false.
(B) Statement 1 is false and Statement 2 is true.
(C) Both statements 1 and 2 are true.
(D) Both statements 1 and 2 are false.

Ans: Option A

26. Identify the options that emphasize the role of information and technology.

(i) Achieving sustainable development
(ii) Attainment of food security
(iii) Disseminates information regarding emerging technologies

(A) Only (i)
(B) Only (ii)
(C) (i) and (ii)
(D) (i), (ii), and (iii)

Ans: Option D

27. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below:

Assertion (A): Under the land reforms, the Indian government fixed the minimum land size which could be owned by an individual.
Reason (R): The purpose of land ceiling was to avoid the concentration of land ownership in a few hands.

Ans: Option B

CBSE Class 12 Economics Unofficial Answer Keys 2025 PDF

CBSE Class 12 Economics Question Paper 2025 PDF

In the link provided below, we will update the CBSE Class 12 Economics question paper soon. The candidates will be able to download the question paper for CBSE Class 12 Economics in PDF form by clicking on the link below:

CBSE Class 12 Economics Question Paper 2025: To be Updated

Also check Class 12 CBSE Answer Key 2025 PDF Download to download answer keys PDF for other subjects.