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Economics · 2nd Puc Commerce

Karnataka PUC 2nd Puc Commerce 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
248
Real-paper Q & A
0
Sample-paper Q & A

Real board-paper questions available, by year

45 Q2026complete
45 Q2025complete
47 Q2024complete
—2023Paper not available
60 Q2022complete
—2021Paper not available
51 Q2020complete

2023 — Paper not available: We publish a Karnataka II PUC board question paper only after verifying it against the official printed original from the Department of Pre-University Education (KSEAB / DPUE). No such verified paper is available for this year, so we show none rather than an unconfirmed copy.

2021 — Paper not available: We publish a Karnataka II PUC board question paper only after verifying it against the official printed original from the Department of Pre-University Education (KSEAB / DPUE). No such verified paper is available for this year, so we show none rather than an unconfirmed copy.

Karnataka 2nd PUC Commerce Board 2026 · Set MARCH

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 45 of this paper’s questions, with 45 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

Karnataka 2nd PUC Commerce Board 2026 · Set MARCH

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

Q1.
Ordinal utility analysis expresses utility in
  • (a) a) Numbers
  • (b) b) Returns
  • (c) c) Ranks
  • (d) d) Ratios
[1]
Q2.
Find the Total Cost, where TFC is Rs. 200 and TVC is Rs. 225.
  • (a) a) 125
  • (b) b) 225
  • (c) c) 425
  • (d) d) 25
[1]
Q3.
Net National product at factor cost is also known as
  • (a) a) National Income
  • (b) b) Per Capita Income
  • (c) c) Domestic Income
  • (d) d) Personal Income
[1]
Q4.
Aggregate monetary resources are also known as
  • (a) a) M4
  • (b) b) M3
  • (c) c) M2
  • (d) d) M1
[1]
Q5.
Which of the following is an example for 'Paper tax'?
  • (a) a) Income tax
  • (b) b) Excise tax
  • (c) c) Customs duty
  • (d) d) Wealth tax
[1]
Q6.
Fill in the blanks by choosing correct answers from the bracket. (Isoquant / Mixed / Investment / Transactions / Perfect Competition / Opposite) In reality, all economies are __________ economies.
[1]
Q7.
__________ is the set of all possible combinations of two inputs that yield the same maximum possible level of output.
[1]
Page 1 of 8
Q8.
Price taking behaviour is the distinguishing characteristic of _____ market.
[1]
Q9.
The principal motive for holding money is to carry out _____,
[1]
Q10.
_____ is defined as addition to the stock of physical capital.
[1]
Q11.
MRS – Expand.
[1]
Q12.
What is Supply?
[1]
Q13.
Give the meaning of Exports.
[1]
Q14.
Mention any one fiscal variable which influence aggregate demand.
[1]
Q15.
What is appreciation of domestic currency?
[1]
Q16.
Match the following. | A | B | | --- | --- | | a) Linear demand curve | i) TR – TC | | b) π = | ii) Dirty floating | | c) Adam Smith | iii) Stock Variable | | d) Inventory | iv) d(p) = a – bp | | e) Managed floating | v) Operation of invisible hand | | | vi) Wage |
[5]
Page 2 of 8
Section B

Q1.
List out the basic economic activities.
[2]
Q2.
List out the determinants of demand.
[2]
Q3.
What are long run costs?
[2]
Q4.
State the conditions needed for profit maximization by a firm under perfect competition.
[2]
Q5.
Give the meaning of shut down point.
[2]
Q6.
Give the meaning of Intermediate goods with an example.
[2]
Q7.
What do you mean by externalities? Mention its two types.
[2]
Q8.
If the value of MPC is 0.60, calculate the value of MPS and Investment Multiplier.
[2]
Page 3 of 8
Q9.
State the difference between public goods and private goods.
[2]
Q10.
Why the proportional income tax acts as automatic stabilizer?
[2]
Section C

Q1.
How does the Market economy work? Explain.
[4]
Q2.
Suppose an individual buys 25 apples at the price Rs. 10 per apple, and if the price increases to Rs. 15 per apple, she reduces her demand to 18 apples. Find out the price elasticity of demand.
[4]
Q3.
Explain the determinants of a firm's supply curve.
[4]
Q4.
Write a table to show the impact of simultaneous shifts in demand and supply on equilibrium.
[4]
Page 4 of 8
Q5.
Write about the role of the Government (State) and Household sectors in both developed and developing countries.
[4]
Q6.
'Money acts as a convenient unit of account.' Explain this statement with example.
[4]
Q7.
Explain consumption function with diagram.
[4]
Q8.
Write the chart of Government budget.
[4]
Q9.
Explain the three linkages of Open economy.
[4]
Page 5 of 8
Section D

Q1.
Explain the Law of Diminishing Marginal Utility with the help of table and diagram.
[6]
Q2.
Explain the shapes of Total Product (TP), Average Product (AP) and Marginal Product (MP) curves.
[6]
Q3.
Suppose the GDP(MP) of a country in a particular year was Rs. 4,000 crores. Net Factor Income from Abroad (NFIA) was Rs. 600 crores. The depreciation was Rs. 500 crores and the value of Net Indirect Tax (NIT) was Rs. 400 crores. Complete the following table. | Identities | Values (Rs. in crores) | | --- | --- | | GDP(MP) | 4,000 | | GDP(FC) | | | NDP(MP) | | | NDP(FC) | | | GNP(MP) | | | GNP(FC) | | | NNP(MP) | |
[6]
Q4.
Write the story of Goldsmith Lala on the process of deposit and loan (credit) creation by Commercial banks.
[6]
Q5.
Write about the Balance of payments accounts.
[6]
Page 6 of 8
Section E

Q1.
A consumer wants to consume two goods, the price of good X1 is Rs. 15 and the price of good X2 is Rs. 25. The consumer's income is Rs. 300. Answer the following. (a) How many X1 goods a consumer can consume if the entire income is spent on that good? (b) How many X2 goods a consumer can consume if the entire income is spent on that good? (c) Is the slope of budget line downward or upward? (d) Are the bundles on the budget line equal to the consumer income or not? (e) If consumer wants to have more of X1 good, X2 good has to be given up. Is it true?
[5]
Q2.
Draw a diagram for the following table and identify the equilibrium point, equilibrium price, equilibrium quantity, excess demand and excess supply in the diagram. | P | QD | QS | | --- | --- | --- | | 10 | 25 | 5 | | 20 | 20 | 10 | | 30 | 15 | 15 | | 40 | 10 | 20 | | 50 | 5 | 25 |
[5]
Q3.
Find out the missing values in the following table. | Production levels | Total Production | Intermediate goods used | Value Added | | --- | --- | --- | --- | | Wheat (Farmer) | 800 | 0 | – | | Flour (A Miller) | – | 800 | 200 | | Bread (Baker) | 1200 | – | 200 | | Retail shop (Seller) | – | 1200 | 300 | | Gross Value Added (GVA) | | | – |
[5]
Section F

Q1.
[For Visually Challenged Students only] Give the meaning of market equilibrium, equilibrium price, equilibrium quantity, excess demand and excess supply.
[5]
Page 7 of 8
Q2.
[For Visually Challenged Students only] Expand GDP(MP), NDP(MP), GNP(FC), NNP(MP) and NNP(FC).
[5]
Page 8 of 8