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Economics · Class 12 Commerce

Assam Ahsec Class 12 Economics — Real Previous-Year Papers

with complete answers

Real previous-year board papers, year by year — the official exam pattern, the full question paper, and every question solved the concept-first way. Distinct from the chapter-wise textbook bank.

2020–2026
Years of papers
6
Total Papers
6
Real Board Papers
0
Sample papers
296
Real-paper Q & A
0
Sample-paper Q & A

Real board-paper questions available, by year

48 Q2026complete
48 Q2025complete
53 Q2024complete
49 Q2023complete
51 Q2022complete
—2021Exam cancelled (COVID-19)
47 Q2020complete

2021 — Exam cancelled (COVID-19): This Class-12 board examination was cancelled due to COVID-19; results were computed from an internal assessment/formula instead of a written paper. No annual question paper was conducted that year, so none exists to publish.

AHSEC Assam Higher Secondary Final Class 12 (Commerce) 2026 · Set ANNUAL

Real board examination

This paper has 24 questions on a topic removed in CBSE’s 2023-24 syllabus update (each marked Not in syllabus). It’s kept for historical accuracy — the exam really asked it that year — but isn’t in the current syllabus and doesn’t count toward a concept’s importance. Switch to to focus on what’s still examinable.

About this paper

The real Class-12 board examination held in 2026. Every question below is solved the concept-first way. Sample papers are labelled honestly — never shown as a past exam.

Total marks
—
Questions
—
Duration
—
Sections
—

The marks / questions / duration above are the official exam pattern. We currently have 48 of this paper’s questions, with 48 fully solved. Questions we couldn’t yet extract or verify are held — never shown as complete.

The question paper

The questions we hold for this paper, laid out by section. Solutions are on the Answers tab.

Board Examination

Economics

AHSEC Assam Higher Secondary Final Class 12 (Commerce) 2026 · Set ANNUAL

Series/Set: ANNUALRoll No. ________
Time Allowed: —Maximum Marks: —
Section A

Q1.
Define 'economic agents'.
[1]
Q2.
Name the four major sectors of an economy.
[1]
Q3.
"Flows are defined over a period of time." (State True or False)
[1]
Q4.
Define full employment level of income.
[1]
Q5.
NDP(MP) = __________ - Depreciation. (Fill in the blank)
[1]
Q6.
How do economists define a non-rivalrous good?
[1]
Q7.
At what point is the 'balance of trade' said to be balanced?
[1]
Page 1 of 8
Q8.
Distinguish between Intermediate goods and Final goods.
[2]
Q9.
Explain the concept of net investment.
[2]
Q10.
Distinguish between Gross National Product (GNP) and Net National Product (NNP).
[2]
Q11.
What are the components of aggregate demand?
[2]
Q12.
Mention any two motives of holding money.
[2]
Q13.
Under what circumstances does a fiscal deficit emerge? Support your answer with an example.
[2]
Q14.
If the marginal propensity to consume (MPC) is 0.8, then calculate the government expenditure multiplier.
[2]
Q15.
Mention and describe very briefly the three methods of measuring national income.
[3]
Page 2 of 8
Q16.
How do commercial banks create credit?
[3]
Q17.
Define Marginal Propensity to Consume (MPC). How is it related to Marginal Propensity to Save (MPS)? (1+2=3)
[3]
Q18.
Mention any three features of the FRBM Act, 2003.
[3]
Q19.
Distinguish between the following: (3+3=6) (i) Gross Domestic Product (GDP) and Gross National Product (GNP) (ii) Nominal GDP and Real GDP
[6]
Q20.
Discuss the rationale behind demonetization in India in the year 2016.
[6]
Q21.
Elaborate the concept of 'paradox of thrift' with the help of a suitable numerical example.
[6]
Page 3 of 8
Q22.
Consider an economy described by the following functions: C = 20 + 0.8Y I = 30 G = 50 TR = 100 (i) Find the equilibrium level of income and autonomous expenditure multiplier in the model. (ii) If the government expenditure increases by 30, then what is the impact on equilibrium income? (iii) If a lump-sum tax of 30 is added to pay for increase in government purchase, then how will equilibrium income change? (3+2+1=6)
[6]
Q23.
From the following data, calculate: (4+2+2=8) (i) GDP at factor cost (ii) GNP at market price (iii) NNP at factor cost Items (in crore): Consumption expenditure — 2,000 Investment expenditure — 1,200 Government expenditure — 450 Export — 80 Import — 95 Net factor income from abroad — 60 Indirect tax — 90 Subsidies — 80 Depreciation — 30
[8]
Q24.
Write short notes on the following: (4x2=8) (i) Barter system (ii) Functions of money
[8]
Section B

Q1.
What was the basic objective of the British colonial rule in India?
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Q2.
In which year was India's first Official Census operation undertaken?
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Q3.
Name any two types of economic systems.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Page 4 of 8
Q4.
What is 'marketable surplus'?
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Q5.
Write the full form of WTO.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Q6.
Define unemployment.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[1]
Q7.
Mention any two causes of India's low-level economic development under Colonial rule.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q8.
Write two objectives of India's Five-Year Plans.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q9.
What is liberalization? Why was the policy of liberalization adopted in India? (1+1=2)
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q10.
Point out any two sources of human capital formation.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q11.
What is Kudumbashree?
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q12.
Define economic activities.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Page 5 of 8
Q13.
In which Indian State did the Appiko Movement originate?
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[2]
Q14.
Explain the State of Indian agriculture sector during pre-British period.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[3]
Q15.
What is Green Revolution? Write its main features.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[3]
Q16.
Explain the concepts of privatization and disinvestment.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[3]
Q17.
What are the functions of environment? Explain briefly.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[3]
Q18.
Explain the features of the following sectors on the eve of Indian Independence: (2x3=6) (i) Infrastructure (ii) Foreign trade (iii) Industrial sector
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[6]
Q19.
Write comparative notes for India and China on the basis of the following: (3x2=6) (i) Demographic indicators (ii) GDP and sectoral compositions
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[6]
Page 6 of 8
Q20.
What is import substitution policy? Explain the role and importance of small-scale industries in India. (2+4=6)
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[6]
Q21.
In your view, is it essential for the government to regulate the fee structure in education and healthcare institutions? Discuss in the light of human capital formation, LPG reforms, poverty, inequality and inclusive growth.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[6]
Q22.
Write a brief note on the role of women in various economic activities in Indian economy.
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[8]
Q23.
What is sustainable development? Explain the strategies for sustainable development in India. Discuss the major environmental challenges faced by India. (2+3+3=8)
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[8]
Page 7 of 8
Q24.
Define rural development. Write brief notes on the: (i) adoption of village by the Parliamentarians (ii) Tamil Nadu Women in Agriculture (TANWA). (2+(3+3)=8)
⚠ This question is not in the current syllabus — This question belongs to Indian Economic Development; the current reference menu covers Introductory Macro- and Micro-ec
[8]
Page 8 of 8