CBSE Class 12 Economics Question Paper 2022 with Answer Key (May 28, Set 2 - 226/2/2)

CBSE CLASS XII Questions

• 1.

  From the following information obtained from the books of 'Ajanta Ltd.', calculate Cash from Operations: Net Profit for the year ended 31st March, 2025 after charging depreciation of ₹ 80,000 and after writing off goodwill ₹ 10,500 was ₹ 4,90,000. Additional Information:

  

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• 2.

  Arrange the following in the correct sequence of their evolution and select the correct option:
  (i) Seaweed
  (ii) Invertebrates
  (iii) Jawless fish
  

  • (i), (ii), (iii)
  • (i), (iii), (ii)
  • (ii), (iii), (i)
  • (ii), (i), (iii)
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• 3.

  In an economy, when __________ is insufficient to achieve the level of output corresponding to the full employment, the difference is termed a deflationary gap. 
   

  • ex-ante Aggregate Demand
    
  • ex-post Aggregate Demand
    
  • ex-ante Aggregate Supply
    
  • ex-post Aggregate Supply
    
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• 4.

  Which of the following is not related to positive attitude?

  • It makes a person happier.
    
  • It helps to build and maintain relationships.
    
  • It decreases one's chances of success.
    
  • It helps to make better decisions.
    
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• 5.

  The rate for the following reaction is given by: \[ A + B \rightarrow C, \quad \text{Rate} = k[A][B]^2 \] How is the rate affected if we double the concentration of B?

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• 6.

  There are two statements Assertion (A) and Reason (R):
  Assertion (A): At the time of admission of a new partner in a partnership firm, the newly admitted partner brings an agreed amount of capital either in cash or in kind.
  Reason (R): On admission, the new partner gets the right to acquire share in the assets and profits of the partnership firm.
  Choose the correct option from the following:

  • Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
    
  • Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).
    
  • Assertion (A) is correct, but Reason (R) is incorrect.
    
  • Assertion (A) is incorrect, but Reason (R) is correct.
    
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