CBSE Class 12 2025 Economics 58-1-3 Question Paper Set-3: Download Solutions with Answer Key

CBSE CLASS XII Questions

• 1.

  “All consumption goods are durable in nature.”
  Defend or refute the given statement with the help of a suitable example.

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• 2.

  "In the mountainous regions, mini-hydel plants prove to be cost effective as well as eco-friendly."
  Justify above statement with valid arguments.

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• 3.

  Giving valid reasons, state whether the following statements are true or false.
  There was growth in agricultural sector due to expansion of aggregate area under cultivation, during the colonial era.
  The objective of World Trade Organisation (WTO) is to establish a rule based regime, in the world trade.
  Economic growth with regional disparity was the main goal of planning in India.

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• 4.

  Distinguish between:
  Tariff and Non-tariff Barriers
  Bilateral and Multilateral Trade

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• 5.

  Calculate the value of Net Value Added at Factor Cost (NVAFC):

  S. No.	Particulars	Amount (In ₹ crore)
  (i)	Operating Surplus	3,740
  (ii)	Increase in unsold stock	600
  (iii)	Sales	10,625
  (iv)	Purchase of raw materials	2,625
  (v)	Consumption of fixed capital	500
  (vi)	Subsidies	400
  (vii)	Indirect taxes	1,200

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• 6.

  “In the recent Budget the Government allocated funds for construction of new metro lines in smart cities to improve public transportation and reduce pollution.”
  Identify the nature of government expenditure \& its objective.

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