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Economics · Class 12 Commerce

Jammu Kashmir Jkbose 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.

2018–2026
Years of papers
7
Total Papers
7
Real Board Papers
0
Sample papers
184
Real-paper Q & A
0
Sample-paper Q & A

Real board-paper questions available, by year

31 Q2026complete
31 Q2025complete
31 Q2024complete
25 Q2023complete
—2022Not available
—2021Not available
32 Q2020complete
17 Q2019complete
17 Q2018complete

JKBOSE Class 12 Annual Regular Examination (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 31 of this paper’s questions, with 31 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

JKBOSE Class 12 Annual Regular Examination (Commerce) 2026 · Set ANNUAL

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

Q1.
Rise of economic problem is mainly due to
  • (a) Scarcity of resources
  • (b) Limitless wants
  • (c) Both
  • (a) and
  • (b)
  • (d) None of the above
[1]
Q2.
A point above the PPC indicates
  • (a) Under utilization of resources
  • (b) Over utilization of resources
  • (c) Full employment of resources
  • (d) All of the above
[1]
Q3.
Giffen goods have
  • (a) Positive slope
  • (b) Negative slope
  • (c) Both
  • (a) and
  • (b)
  • (d) None of the above
[1]
Q4.
We can measure consumers equilibrium in case of one or more than one commodity. (True/False)
[1]
Q5.
In case of unitary elastic supply curve the supply curve starts from the origin. (True/False)
[1]
Q6.
Marginal cost curve has a _______ shaped.
[1]
Q7.
GNP at market price is equals to GDP at market price plus _______.
[1]
Page 1 of 5
Q8.
NNP at factor cost is equals to (a) NDP at market price plus NIT (b) GDP at market price – Depreciation + NYFA – NIT (c) GDP at factor Price – NIT + NYFA (d) None of the above
[1]
Q9.
MPC is equals to (a) Change in consumption/change in income (b) Change in income/change in consumption (c) Both (a) and (b) (d) None of the above
[1]
Q10.
Which problem can be solved by reducing tax rates? (a) Inflationary gap (b) Excess demand (c) Deficient demand (d) None of the above
[1]
Section B

Q1.
What is meant by Economy?
[2]
Q2.
What is consumer’s equilibrium?
[2]
Q3.
State one point of difference between real cost and money cost.
[2]
Q4.
What is perfect competition?
[2]
Q5.
What is price ceiling?
[2]
Page 2 of 5
Q6.
Write one point of difference between micro and macro economics.
[2]
Q7.
Define national income at current prices.
[2]
Q8.
Give the meaning of Ex-ante saving.
[2]
Q9.
What is government budget?
[2]
Q10.
What is the main difference between BOP and BOT?
[2]
Section C

Q1.
What is the difference between extension and increase in demand? Use diagram also.
[4]
Q2.
Why does supply curve has positive slope?
[4]
Page 3 of 5
Q3.
With the help of table and diagram show the relationship between TFC, TVC and TC.
[4]
Q4.
How market equilibrium can be determined through market demand and market supply curves? Use table and diagram.
[4]
Q5.
What is the problem of double accounting and how we can avoid it?
[4]
Q6.
Write the formula and meaning of investment multiplier.
[4]
Q7.
What is fiscal deficit and what problem it can create for an economy?
[4]
Q8.
Use diagram, briefly state how foreign exchange is determined under flexible exchange rate system?
[4]
Page 4 of 5
Section D

Q1.
What does negative demand curve shows and state any three causes behind it? OR Explain the expenditure method of measuring elasticity of demand.
[6]
Q2.
With the help of table and diagram show which stage in law of variable proportion is ideal for the producer to operate and why? OR Explain the various degrees of elasticity of supply.
[6]
Q3.
Explain the different components of money supply. OR Explain any four points of difference between central bank and commercial bank.
[6]
Page 5 of 5