{"id":22520,"date":"2018-11-29T18:13:55","date_gmt":"2018-11-29T12:43:55","guid":{"rendered":"http:\/\/mycbseguide.com\/blog\/?p=22520"},"modified":"2018-12-17T12:38:29","modified_gmt":"2018-12-17T07:08:29","slug":"cbse-question-paper-2006-class-12-economics","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/","title":{"rendered":"CBSE Question Paper 2006 class 12 Economics"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#Class_12_Economics_list_of_chapters\" >Class 12 Economics list of chapters<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#Part-1_Macro\" >Part-1 (Macro)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#Part-2_Micro\" >Part-2 (Micro)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#CBSE_Question_Paper_2006_class_12_Economics\" >CBSE Question Paper 2006 class 12 Economics<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#General_Instructions\" >General Instructions:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#SECTION_%E2%80%93_A\" >SECTION \u2013 A<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#OR\" >OR<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#OR-2\" >OR<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#SECTION_%E2%80%93_B\" >SECTION &#8211; B<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#OR-3\" >OR<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#OR-4\" >OR<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#Last_Year_Question_Paper_Class_12_Economics_2006\" >Last Year Question Paper Class 12 Economics 2006<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/#Previous_Year_Question_Paper_for_class_12_in_PDF\" >Previous Year Question Paper for class 12 in PDF<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>CBSE Question Paper 2006 class 12 Economics\u00a0<\/strong>conducted by Central Board of Secondary Education, New Delhi in the month of March 2006. CBSE previous year question papers with solution are available in myCBSEguide mobile app and cbse guide website. The Best CBSE App for students and teachers is myCBSEguide which provides complete study material and practice papers to cbse schools in India and abroad.<\/p>\n<p style=\"text-align: center;\"><strong>CBSE Question Paper 2006 class 12 Economics<\/strong><\/p>\n<p style=\"text-align: center;\"><strong><a class=\"button\" href=\"https:\/\/mycbseguide.com\/downloads\/cbse-class-12-economics\/1327\/cbse-last-year-papers\/3\/\">Download as PDF<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/media-mycbseguide.s3.ap-south-1.amazonaws.com\/images\/blog\/12%20Economics%20Book%20pic.jpg\" alt=\"CBSE Question Paper 2006 class 12 Economics\" width=\"131\" height=\"172\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Class_12_Economics_list_of_chapters\"><\/span>Class 12 Economics list of chapters<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Part-1_Macro\"><\/span><strong>Part-1 (Macro)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Introduction<\/li>\n<li>National income accounting<\/li>\n<li>Money and Banking<\/li>\n<li>Income Determination<\/li>\n<li>The Government Budget and Economy<\/li>\n<li>Open Economy Macroeconomics<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Part-2_Micro\"><\/span><strong>Part-2 (Micro)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Introduction<\/li>\n<li>Theory of consumer behaviour<\/li>\n<li>Production and Costs<\/li>\n<li>Theory of the Firm Under Perfect Competition<\/li>\n<li>Market Equilibrium<\/li>\n<li>Non Competitive Markets<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_Question_Paper_2006_class_12_Economics\"><\/span>CBSE Question Paper 2006 class 12 Economics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>\n<h3><span class=\"ez-toc-section\" id=\"General_Instructions\"><\/span><strong>General Instructions:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>All questions in both the sections are compulsory.<\/li>\n<li>Marks for questions are indicated against each.<\/li>\n<li>Question Nos. 1 and 13 are very short answer questions carrying 1 mark for each part. They are required to be answered in o sentence each.<\/li>\n<li>Question Nos. 2-5 and 14-I7 are short answer questions carrying 3 marks each. Answer to them should not normally exceed 60 words each.<\/li>\n<li>Question Nos. 6-9 and 18-21 are also short answer questions carrying 4 marks each. Answer to them should not normally exceed 70 words each.<\/li>\n<li>Question Nos. 10-12 dad 22-24 are long answer questions carrying 6 marks each. Answers to them should not normally exceed 100 words each.<\/li>\n<li>Answers should be brief and to the point and the above word limits be adhered to as far as possible.<\/li>\n<li>All of the question should be answered at one place.<\/li>\n<\/ul>\n<hr \/>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"SECTION_%E2%80%93_A\"><\/span><strong>SECTION \u2013 A<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Q. 1. Answer the following questions:<\/p>\n<p>i. When is a good called an \u2018inferior good\u2019?<\/p>\n<p>ii. Define marginal cost.<\/p>\n<p>iii. When is the supply of a commodity called \u2018elastic\u2019?<\/p>\n<p>iv. Define marginal physical product.<\/p>\n<p>Q. 2. What is meant by consumer\u2019s equilibrium? State its condition in case of a single commodity.<\/p>\n<p>Q. 3. State the \u2018total expenditure method\u2019 of measuring price elasticity of demand.<\/p>\n<p>Q. 4. What is meant by returns to a factor ? State the law of diminishing returns to a factor.<\/p>\n<p>Q. 5. State any three causes of a rightward shift of supply curve.<\/p>\n<p>Q. 6. The price elasticity of supply of a commodity is 2. When its price falls from Rs. 10 to Rs. 8 per unit, its quantity supplied falls by 500 units. Calculate the quantity supplied at the reduced price.<\/p>\n<p>Q. 7. What change in total revenue will result in<\/p>\n<p>i. a decrease in marginal revenue, and<\/p>\n<p>ii. an increase in marginal revenue?<\/p>\n<p>Q. 8. Explain the problem of \u2018what to produce\u2019 with the help of an example.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"OR\"><\/span><strong>OR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Why does an economic problem arise? Explain the problem of \u2018how to produce\u2019.<\/p>\n<p>Q. 9. Why is the average revenue curve of a firm under perfect competition parallel to x and<\/p>\n<p>negatively sloped under monopoly?<\/p>\n<p>Q. 10. The total fixed cost of a firm is Rs. 12. Given below is its marginal cost schedule. Calculate total cost and average variable cost for each given level of output.<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"height: 32px; width: 114px;\">\n<p style=\"text-align: center;\">Output (units)<\/p>\n<\/td>\n<td style=\"height: 32px; width: 27px;\">\n<p style=\"text-align: center;\">1<\/p>\n<\/td>\n<td style=\"height: 32px; width: 65px;\">\n<p style=\"text-align: center;\">2<\/p>\n<\/td>\n<td style=\"height: 32px; width: 65px;\">\n<p style=\"text-align: center;\">3<\/p>\n<\/td>\n<td style=\"height: 32px; width: 65px;\">\n<p style=\"text-align: center;\">4<\/p>\n<\/td>\n<td style=\"height: 32px; width: 65px;\">\n<p style=\"text-align: center;\">5<\/p>\n<\/td>\n<td style=\"height: 32px; width: 65px;\">\n<p style=\"text-align: center;\">6<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 31px; width: 114px;\">\n<p style=\"text-align: center;\">Marginal cost (Rs.)<\/p>\n<\/td>\n<td style=\"height: 31px; width: 27px;\">\n<p style=\"text-align: center;\">9<\/p>\n<\/td>\n<td style=\"height: 31px; width: 65px;\">\n<p style=\"text-align: center;\">7<\/p>\n<\/td>\n<td style=\"height: 31px; width: 65px;\">\n<p style=\"text-align: center;\">2<\/p>\n<\/td>\n<td style=\"height: 31px; width: 65px;\">\n<p style=\"text-align: center;\">4<\/p>\n<\/td>\n<td style=\"height: 31px; width: 65px;\">\n<p style=\"text-align: center;\">8<\/p>\n<\/td>\n<td style=\"height: 31px; width: 65px;\">\n<p style=\"text-align: center;\">12<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Q. 11. State three causes each for a rightward shift and a leftward shift of demand curve.<\/p>\n<p>Q. 12. How is the equilibrium price and equilibrium quantity of a normal commodity affected by an increase in the income of its buyers? Explain with the help of a diagram.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"OR-2\"><\/span><strong>OR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a given price of a commodity, there is \u2018excess demand\u2019. Is this price an equilibrium price? If not, how will the equilibrium price be reached? (Use diagram)<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"SECTION_%E2%80%93_B\"><\/span><strong>SECTION &#8211; B<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Q. 13. Answer the following questions:<\/p>\n<p>i. Define macroeconomics.<\/p>\n<p>ii. In a government budget, revenue deficit is Rs. 50,000 crores and borrowings are Rs. 75,000 crores. How much is the fiscal deficit\u2019?<\/p>\n<p>iii. When will balance of trade show a deficit?<\/p>\n<p>iv. Why is the study of the problem of unemployment in India considered a macroeconomic study?<\/p>\n<p>Q. 14. From the following data, calculate \u201cgross value added at factor cost\u201d.<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">\n<\/td>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">(Rs. in lakhs)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">i. Sales<\/p>\n<\/td>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">180<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">ii. Rent<\/p>\n<\/td>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">iii. Subsidies<\/p>\n<\/td>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">10<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">iv. Change in stock<\/p>\n<\/td>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">v. Purchase of raw materials<\/p>\n<\/td>\n<td style=\"height: 17px; width: 220px;\">\n<p style=\"text-align: center;\">100<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">vi. Profits<\/p>\n<\/td>\n<td style=\"height: 18px; width: 220px;\">\n<p style=\"text-align: center;\">25<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Q. 15. Explain the meaning of investment multiplier. What can be its minimum value and why?<\/p>\n<p>Q. 16. Define aggregate demand. State its components.<\/p>\n<p>Q. 17. State the basis of classifying government expenditure into revenue and capital expenditure. Give an example of each.<\/p>\n<p>Q. 18. Explain any one of the following functions of a central bank:<\/p>\n<p>i. Currency authority, and<\/p>\n<p>ii. lender of last resort.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"OR-3\"><\/span><strong>OR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Explain the \u2018acceptance of deposits\u2019 function of a commercial bank.<\/p>\n<p>Q. 19. Giving reasons, categories the following into revenue receipts and capital receipts:<\/p>\n<p>i. Recovery of loans<\/p>\n<p>ii. Corporation tax<\/p>\n<p>iii. Dividends on investment made by government<\/p>\n<p>iv. Sale of a public sector undertaking<\/p>\n<p>Q. 20. What is meant by foreign exchange rate ? Why does a rise in foreign exchange rate causes a rise in its supply?<\/p>\n<p>Q. 21. Explain the \u2018store of value\u2019 function of money.<\/p>\n<p>Q. 22. From the following data calculate national income by<\/p>\n<p>a. income method and<\/p>\n<p>b. expenditure method: (2,4)<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\"><strong>Rs.(in Crores)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">i. Private final consumption expenditure<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">2,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">ii. Net capital formation<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">400<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">iii. Change in stock<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">50<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">iv. Compensation of employees<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">1,900<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">v. Rent<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">200<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">vi. Interest<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">150<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">vii. Operating surplus<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">720<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">viii. Net indirect tax<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">400<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">ix. Employers\u2019 contribution to social security schemes<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">100<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">x. Net exports<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">20<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">xi. Net factor income from abroad<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">(-) 20<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">xii. Government final consumption<\/p>\n<p style=\"text-align: center;\">expenditure<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">600<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">xiii. Consumption of fixed capital<\/p>\n<\/td>\n<td style=\"width: 222px;\">\n<p style=\"text-align: center;\">20<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"OR-4\"><\/span><strong>OR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>From the following data calculate: (3,3)<\/p>\n<p>a. Private income, and<\/p>\n<p>b. Personal disposable income<\/p>\n<table class=\"mobile\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\"><strong>(Rs. in lakhs)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">i. Income from domestic product accruing to the private sector<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">4,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">ii. Savings of non-departmental public<\/p>\n<p style=\"text-align: center;\">enterprises<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">200<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">iii. Current transfers from government<\/p>\n<p style=\"text-align: center;\">administrative departments<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">150<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">iv. Savings of private corporate sector<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">400<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">v. Current transfers from rest of the world<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">50<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">vi. Net factor income from abroad<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">(-) 40<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">vii. Corporation tax<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">60<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 312px;\">\n<p style=\"text-align: center;\">viii. Direct personal taxes<\/p>\n<\/td>\n<td style=\"width: 192px;\">\n<p style=\"text-align: center;\">140<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Q. 23. Draw on a diagram a straight line savings curve for an economy. From it derive the consumption curve, explaining the method of derivation. Show a point on the consumption curve at which average-propensity to consume is equal to 1.<\/p>\n<p>Q. 24. Will the following factor incomes be included in domestic factor income of India? Give reasons for your answer.<\/p>\n<p>i. Compensation of employees to the residents of Japan working in Indian embassy in Japan.<\/p>\n<p>ii. Profits earned by a branch of foreign bank in India.<\/p>\n<p>iii. Rent received by an Indian resident from Russian embassy in India.<\/p>\n<p>iv. Profits earned by a branch of State Bank of India in England.<\/p>\n<p style=\"text-align: center;\"><strong>These are questions only. To view and download complete question paper with solution install myCBSEguide App from google play store or login to our\u00a0<a href=\"https:\/\/mycbseguide.com\/dashboard\/\">student dashboard<\/a>.<\/strong><\/p>\n<p style=\"text-align: center;\"><b><strong><a class=\"button\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide&amp;referrer=utm_source%3Dmycbse_bottom%26utm_medium%3Dtext%26utm_campaign%3Dmycbseads\">Download myCBSEguide App<\/a><\/strong><\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Last_Year_Question_Paper_Class_12_Economics_2006\"><\/span>Last Year Question Paper Class 12 Economics 2006<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Download class 12 Economics question paper with solution from best CBSE App the myCBSEguide. CBSE class 12 Economics question paper 2006 in PDF format with solution will help you to understand the latest question paper pattern and marking scheme of the CBSE board examination. You will get to know the difficulty level of the question paper.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Previous_Year_Question_Paper_for_class_12_in_PDF\"><\/span>Previous Year Question Paper for class 12 in PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CBSE question papers 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 209, 2008, 2007, 2006, 2005 and so on for all the subjects are available under this download link. Practicing real question paper certainly helps students to get confidence and improve performance in weak areas.<\/p>\n<ul>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-physics\/1251\/cbse-last-year-papers\/3\/\">Physics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-chemistry\/1267\/cbse-last-year-papers\/3\/\">Chemistry<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-mathematics\/1284\/cbse-last-year-papers\/3\/\">Mathematics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-biology\/1298\/cbse-last-year-papers\/3\/\">Biology<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-accountancy\/1315\/cbse-last-year-papers\/3\/\">Accountancy<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-business-studies\/1727\/cbse-last-year-papers\/3\/\">Business Studies<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-economics\/1327\/cbse-last-year-papers\/3\/\">Economics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-history\/1869\/cbse-last-year-papers\/3\/\">History<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-geography\/1863\/cbse-last-year-papers\/3\/\">Geography<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-political-science\/1879\/cbse-last-year-papers\/3\/\">Political Science<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-physical-education\/1877\/cbse-last-year-papers\/3\/\">Physical Education<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-computer-science\/1851\/cbse-last-year-papers\/3\/\">Computer Science<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-informatics-practices\/1873\/cbse-last-year-papers\/3\/\">Informatics Practices<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-english-core\/1855\/cbse-last-year-papers\/3\/\">English Core<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-hindi-core\/1865\/cbse-last-year-papers\/3\/\">Hindi Core<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12-hindi-elective\/1867\/cbse-last-year-papers\/3\/\">Hindi Elective<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-12\/1250\/\">Other Subjects<\/a><\/li>\n<\/ul>\n<p>To download CBSE Question Paper class 12 Accountancy, Chemistry, Physics, History, Political Science, Economics, Geography, Computer Science, Home Science, Accountancy, Business Studies and Home Science; do check myCBSEguide app or website. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT solutions, NCERT Exemplar solutions, quick revision notes for ready reference, CBSE guess papers and CBSE important question papers. Sample Paper all are made available through\u00a0<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide&amp;referrer=utm_source%3Dmycbse_bottom%26utm_medium%3Dtext%26utm_campaign%3Dmycbseads\"><strong>the best app for CBSE students<\/strong><\/a>\u00a0and myCBSEguide website.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CBSE Question Paper 2006 class 12 Economics\u00a0conducted by Central Board of Secondary Education, New Delhi in the month of March 2006. CBSE previous year question papers with solution are available in myCBSEguide mobile app and cbse guide website. The Best CBSE App for students and teachers is myCBSEguide which provides complete study material and practice &#8230; <a title=\"CBSE Question Paper 2006 class 12 Economics\" class=\"read-more\" href=\"https:\/\/mycbseguide.com\/blog\/cbse-question-paper-2006-class-12-economics\/\" aria-label=\"More on CBSE Question Paper 2006 class 12 Economics\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1346,1014,1437],"tags":[1527,1342,323,80,1566,1569],"class_list":["post-22520","post","type-post","status-publish","format-standard","hentry","category-cbse","category-cbse-question-papers","category-economics-cbse-class-12","tag-cbse-question-paper","tag-class-12","tag-economics","tag-last-year-papers","tag-previous-question-paper","tag-ten-year-questions-paper"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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