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Class 12 Economics — Full Syllabus Test 2

Class 12 • Economics • Full Syllabus

Medium30 PTS

30

Questions

45 min

Duration

30

Marks (1 each)

No

Negative marking

Original practice questions with full solutions by ExamPortal.

Instructions

  • • Read each question carefully and pick the correct answer.
  • • You can mark questions for review and come back to them.
  • • Answers are saved automatically.
  • • The test is submitted automatically when time runs out.

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This test costs 30 points. Points are deducted only when you press Start.

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SYLLABUS & QUESTION BLUEPRINT

Sample Practice Questions

Preview 5 sample questions from this 30-question test. Test your knowledge below or take the full exam in timed CBT mode.

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Question 1 of 30
The four factors of production are:
A
land, labour, capital and entrepreneurship
B
money, bank, trade, tax
C
goods, services, prices, wages
D
import, export, tax, subsidy
View Correct Answer & Step-by-Step Solution
Correct Option:(A)land, labour, capital and entrepreneurship

Detailed explanation is available inside the official test attempt review.

Question 2 of 30
Net indirect taxes =
A
indirect taxes + subsidies
B
indirect taxes − subsidies
C
direct taxes − subsidies
D
subsidies − direct taxes
View Correct Answer & Step-by-Step Solution
Correct Option:(B)indirect taxes − subsidies

Detailed explanation is available inside the official test attempt review.

Question 3 of 30
Open market operations involve:
A
printing money
B
buying and selling government securities by the RBI
C
fixing prices
D
collecting taxes
View Correct Answer & Step-by-Step Solution
Correct Option:(B)buying and selling government securities by the RBI

Detailed explanation is available inside the official test attempt review.

Question 4 of 30
The investment multiplier (k) =
A
1 / MPC
B
1 / (1 − MPC)
C
MPC / MPS
D
1 − MPC
View Correct Answer & Step-by-Step Solution
Correct Option:(B)1 / (1 − MPC)

Detailed explanation is available inside the official test attempt review.

Question 5 of 30
Disinvestment proceeds are:
A
revenue receipts
B
capital receipts
C
revenue expenditure
D
tax
View Correct Answer & Step-by-Step Solution
Correct Option:(B)capital receipts

Detailed explanation is available inside the official test attempt review.

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Frequently asked questions

How many questions are there in Class 12 Economics — Full Syllabus Test 2?

There are 30 questions to answer in 45 min. Each correct answer gives 1 mark, for a total of 30 marks.

Is there negative marking?

No. Wrong answers do not lose marks, so attempt every question.

Is this mock test free?

It costs 30 points, deducted only when you press Start. You never pay money: points are free to earn by completing your profile, daily login, the daily quiz and inviting friends.

What does this test cover?

It covers the full Class 12 Economics syllabus. All questions are original, with a full solution for each.

Will I see my result and the solutions?

Yes. Right after you submit you get your score, accuracy, rank and percentile, and you can review every question with the correct answer and a step-by-step explanation.

Can I take this test again?

Yes, you can retake it as many times as you like and compare your scores.