Economics · Class 12 Commerce

Haryana Bseh 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: 5
Total Papers: 5
Real Board Papers: 0
Sample papers: 206
Real-paper Q & A: 0
Sample-paper Q & A

Real board-paper questions available, by year

44 Q2026complete

46 Q2025complete

42 Q2024complete

37 Q2023complete

—2022Paper not available

—2021Exam cancelled (COVID-19)

37 Q2020complete

2022 — Paper not available: The Haryana Board (BSEH) held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

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

BSEH Haryana Senior Secondary Class 12 (Commerce) 2026 · Set ANNUAL

Real board examination

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 44 of this paper’s questions, with 44 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

BSEH Haryana Senior Secondary Class 12 (Commerce) 2026 · Set ANNUAL

Series/Set: ANNUALRoll No. ________

Time Allowed: —Maximum Marks: —

Section A

Q1.

Which of the following is the study of micro-economics?

(a) Aggregate demand
(b) Business cycle
(c) Consumer equilibrium
(d) National income

[1]

Q2.

What will be the elasticity of demand, when demand curve is parallel to Y-axis?

(a) Infinite
(b) Zero
(c) Equal to unity
(d) Less than unity

[1]

Q3.

Inferior goods are those, whose income effect is ............. .

(a) Negative
(b) Positive
(c) Zero
(d) None of these

[1]

Q4.

When production is zero, then Total Variable Cost will be :

(a) Equal to Total Cost
(b) Zero
(c) Total Fixed Cost
(d) None of these

[1]

Q5.

When Total Production is Maximum, then :

(a) MP = Zero
(b) MP = Negative
(c) MP = Positive
(d) AP = Zero

[1]

Q6.

In which market the role of advertisement cost is very important?

(a) Perfect Competition
(b) Monopoly
(c) Imperfect Competition
(d) None of these

[1]

Q7.

Fill in the blank : AR Curve is also known as ............. . (Demand Curve, Supply Curve)

[1]

Page 1 of 7

Q8.

In Perfect Competition market firm demand curve : (a) Positive (b) Negative (c) Parallel to OX-axis (d) Parallel to OY-axis

[1]

Q9.

Budget line is a ............. line. (a) Upward Sloping (b) Convex (c) Concave (d) Straight line

[1]

Q10.

Assertion (A) : Average Cost is U shaped. Reason (R) : Due to Internal Economies and Diseconomies. (a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). (b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (c) Assertion (A) is true, but Reason (R) is false. (d) Assertion (A) is false, but Reason (R) is true.

[1]

Q11.

Why more of a goods is purchased when its price falls? Explain it.

[3]

Q12.

What is meant by Production Possibility Curve (PPC)? Explain it with the help of table and diagram.

[3]

Q13.

(OR) Explain three causes of law of Increasing Return to scale.

[3]

Q14.

What do you mean by Supplementary Costs? Explain it with the help of table and diagram.

[4]

Q15.

Explain with the help of diagram how a firm can be earn Supernormal profit in the short-run in a Perfectly Competitive market.

[4]

Page 2 of 7

Q16.

(OR) What is Supply? Explain factors affecting supply.

[4]

Q17.

Explain the average and marginal revenue curves of a firm under Perfect Competition and Monopoly with the help of diagram.

[4]

Q18.

(OR) From the following data calculate Average Variable Cost (AVC), Average Fixed Cost (AFC), Total Variable Cost (TVC) and Marginal Cost (MC) : Output 0, Total Cost 40; Output 1, Total Cost 80; Output 2, Total Cost 110; Output 3, Total Cost 126; Output 4, Total Cost 128; Output 5, Total Cost 135; Output 6, Total Cost 180.

[4]

Q19.

Discuss the law of variable proportions with the help of table and diagram.

[6]

Q20.

(OR) Make a difference between Monopolistic Competition and Perfect Competition.

[6]

Q21.

How budget line changes with the change in Price and Income?

[6]

Page 3 of 7

Q22.

(OR) What do you mean by Price Elasticity of Demand? Explain the degrees of Price Elasticity of Demand.

[6]

Section B

Q1.

Which of the following is macro concept? (a) Theory of Employment (b) Price Elasticity (c) Theory of Rent (d) Price of Goods

[1]

Q2.

Which one is included in leakage in circular flow of income? (a) borrowing by firms (b) public expenditure (c) investment (d) saving

[1]

Q3.

Which of the following will not included in the national income? (a) Domestic Services (b) Intermediate Goods (c) Transfer Income (d) All of the above

[1]

Q4.

Investment which is independent from the level of Income and Employment, is called : (a) Autonomous Investment (b) Net Investment (c) Induced Investment (d) Real Investment

[1]

Q5.

If Marginal Propensity to Consume (MPC) is equal to 1, then the multiplier will be : (a) Zero (b) One (c) Two (d) Infinite

[1]

Q6.

Which items is included in the Balance of Trade? (a) Visible items (b) Invisible items (c) Capital transfer (d) All of the above

[1]

Q7.

Fill in the blank : The most liquid form of money supply is ................ . (M3, M1)

[1]

Q8.

Full employment is a situation in which : (a) People are ready to work at the prevailing wage rate. (b) Not a situation of zero unemployment. (c) Both (A) and (B) (d) None of these

[1]

Page 4 of 7

Q9.

If MPS = 0.5, then what will be the value of the multiplier? (a) 2 (b) 2.5 (c) 3 (d) 3.5

[1]

Q10.

Assertion (A) : The value of Multiplier is determined by the Marginal Propensity to Consume. Reason (R) : Higher the value of Marginal Propensity to Consume (MPC), the lower will be value of the multiplier. (a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). (b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A). (c) Assertion (A) is true, but Reason (R) is false. (d) Assertion (A) is false, but Reason (R) is true.

[1]

Q11.

Explain the differences between Micro and Macro Economics.

[3]

Q12.

Explain the relationship between Marginal Propensity to Consume and Multiplier.

[3]

Q13.

(OR) Explain any three functions of Central Bank.

[3]

Q14.

What do you understand by the concept of full employment? Does it refer to a situation of zero unemployment?

[4]

Q15.

(OR) Explain the differences between Balance of Trade and Balance of Payment.

[4]

Page 5 of 7

Q16.

Explain the concept of deflationary gap with the help of diagram.

[4]

Q17.

(OR) "Money is what Money does." Explain it.

[4]

Q18.

Explain the significance of Public Expenditure.

[4]

Q19.

Describe the Income Method of measuring National Income.

[6]

Q20.

(OR) What is Monetary Policy? How is it used to control deficient demand in an economy?

[6]

Q21.

Explain the merits and demerits of capitalist economy.

[6]

Page 6 of 7

Q22.

(OR) Explain circular flow of income in four sector economy.

[6]

Page 7 of 7