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Class 12 Economics Answer Key 2023, Question Paper Solutions

Class 12 Economics Answer Key 2023

Class 12 Economics Answer Key 2023: CBSE Class 12 Economics Board Exam was conducted on 17th March 2023. The students who appeared in today’s Economics Exam must be wondering to know the correct answers to the questions asked, then you must read this article to know the complete Class 12 Economics Answer Key 2023 with correct answers discussed by our faculty. The Economics Answer Key is helpful to have a brief idea of how many marks you are going to score in today’s Economics exam. No need to go anywhere else just scroll down the page and check all the correct responses to today’s Economics Class 12 Board Exam.

CBSE Class 12 Economics Answer Key 2023

Till the result is released, check the Economics Answer Key Class 12 to know the accuracy of your answers attempted. You can have a look at the unofficial CBSE Economics Answer Key 2023 from this article as discussed by our faculty.

CBSE Class 12 Economics Answer Key 2023
Exam Conducting Body Central Board of Secondary Education
Class CBSE Class 12
Exam Name Economics
Post Category Answer Key
Exam Date 17th March 2023
Class 12 Economics Answer Key (Unofficial ) 17th March 2023
Official Website https://www.cbse.nic.in/

CBSE Class 12 Economics Questions and Solutions

The correct answers to the questions asked in CBSE Class 12 Economics Question Paper 2023 are discussed below.

Section – A (Macro Economics)

Q1. “Considering the depreciation of Indian Currency (₹) in the international market, the Reserve Bank of India (RBI) has decided to purchase Indian currency (₹) in the open market.” This represents______ exchange rate system

(a) fixed

(b) flexible

(c) managed floating

(d) manipulated

Answer: (b) flexible 

Q2. ‘Money is an asset which can be stored for use in future.”‘

In the light of given statement, identify the function of money.

(Choose the correct alternative)

(a) A measure of value

(b) A standard of deferred payment

(c) A store of value

(d) A medium of Exchange

Answer: (d) A medium of Exchange

Q3. (A) From the statements given in Column I and Column II, choose the correct pair.

Column I Column II
A Vegetables grown in the Personal garden i Non marketing activity
B A car used as a taxi ii Consumer good
C An air-conditioner used by household iii Capital good
D Scholarship given to students by iv Factor income

Alternatives: (a) A-(i) (b) B-(ii) (c) C-(iii) (d) D-(iv)

Question Paper Code- 58/4/3 (Set- 3)

Class 12 Economics Answer Key 2023, Question Paper Solutions_30.1Class 12 Economics Answer Key 2023, Question Paper Solutions_40.1Class 12 Economics Answer Key 2023, Question Paper Solutions_50.1Class 12 Economics Answer Key 2023, Question Paper Solutions_60.1Class 12 Economics Answer Key 2023, Question Paper Solutions_70.1Class 12 Economics Answer Key 2023, Question Paper Solutions_80.1Class 12 Economics Answer Key 2023, Question Paper Solutions_90.1Class 12 Economics Answer Key 2023, Question Paper Solutions_100.1Class 12 Economics Answer Key 2023, Question Paper Solutions_110.1Class 12 Economics Answer Key 2023, Question Paper Solutions_120.1Class 12 Economics Answer Key 2023, Question Paper Solutions_130.1Class 12 Economics Answer Key 2023, Question Paper Solutions_140.1Class 12 Economics Answer Key 2023, Question Paper Solutions_150.1Class 12 Economics Answer Key 2023, Question Paper Solutions_160.1Class 12 Economics Answer Key 2023, Question Paper Solutions_170.1Class 12 Economics Answer Key 2023, Question Paper Solutions_180.1Class 12 Economics Answer Key 2023, Question Paper Solutions_190.1Class 12 Economics Answer Key 2023, Question Paper Solutions_200.1 Class 12 Economics Answer Key 2023, Question Paper Solutions_210.1

Class 12 Economics Answer Key 2023, Question Paper Solutions_220.1

Question Paper Code- 58/3/2 (Set- 2)

Class 12 Economics Answer Key 2023, Question Paper Solutions_230.1Class 12 Economics Answer Key 2023, Question Paper Solutions_240.1Class 12 Economics Answer Key 2023, Question Paper Solutions_250.1Class 12 Economics Answer Key 2023, Question Paper Solutions_260.1

Class 12 Economics Answer Key 2023, Question Paper Solutions_220.1

Economics Class 12 Answer Key 2023

Here, our faculty have provided the complete Class 12 Economics Answer Key 2023 here with correct answers one by one. So if are looking for the complete CBSE Economics Answer Key 2023 do check the questions & their answers when updated below.

Class 12 Economics Answer Key 2023 Question Paper

As per the pattern for the Class 12 Economics Board Exam, the exam there were 34 questions divided into four sections. The exam pattern for Economics Exam is as follows-

1. This paper contains 20 Multiple Choice Questions type questions of 1 mark each.

2. This paper contains 4 Short Answer Questions type questions of 3 marks each to be answered in 60 to 80 words.

3. This paper contains 6 Short Answer Questions type questions of 4 marks each to be answered in 80 to 100 words.

4. This paper contains 4 Long Answer Questions type questions of 6 marks each to be answered in 100 to 150 words.

Related Links
CBSE Class 12 Maths Syllabus 2023 CBSE Class 12 English Syllabus 2023
CBSE Class 12 Physics Syllabus 2023 CBSE Class 12 Chemistry Syllabus 2023
CBSE Class 12 Chemistry Sample Paper 2023 CBSE Class 12 Maths Sample Paper 2023
CBSE Class 12 Economics Sample Paper 2023 CBSE Class 12 English Sample Paper 2023

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FAQs

Q1. How many questions are asked in Class 12 Economics Board Exam 2023?

Ans. There were 34 questions for 80 marks asked in Class 12 Economics Board Exam 2023.

Q2. Were there MCQs asked in Class 12 Economics Board Exam 2023?

Ans. Yes, there were 20 MCQs in section A in Class 12 Economics Board Exam 2023.

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