Haryana Board Class 12 Economics 2026 Question Paper with Solution PDF

Define opportunity cost with an example.

What is meant by excess demand?

State one reason for a rightward shift in demand curve.

What is the full form of MPC?

Which sector is included in the secondary sector?

Assertion (A): Increase in bank rate reduces money supply.

Reason (R): Bank rate is the rate at which RBI lends to commercial banks.

• (a) Both (A) and (R) are true and (R) is the correct explanation of (A).
• (b) Both (A) and (R) are true but (R) is NOT the correct explanation of (A).
• (c) (A) is true but (R) is false.
• (d) (A) is false but (R) is true.

Explain the law of diminishing marginal utility with schedule.

Distinguish between change in quantity demanded and change in demand.

Explain the concept of GDP at market price and GDP at factor cost.

What are the objectives of government budget?

Explain any two functions of Reserve Bank of India (RBI).

Explain the determination of equilibrium price with the help of a diagram.

Calculate National Income:
Compensation of employees = ₹500 crore
Rent = ₹100 crore
Interest = ₹150 crore
Profit = ₹250 crore
Mixed Income = ₹50 crore

Explain the causes and effects of inflation.

Discuss the role of NITI Aayog in economic development of India.