CBSE Class 12 Economics Question Paper 2025
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Calculate (a) Gross Domestic Product at Market Price (GDP_MP) and (b) National Income (NNP_FC) from: Private Final Consumption Expenditure = ₹8,000 Cr, Govt Final Consumption = ₹3,000 Cr, Gross Domestic Capital Formation = ₹2,500 Cr, Net Exports = -₹200 Cr, NFIA = -₹150 Cr, Depreciation = ₹600 Cr, Net Indirect Taxes = ₹950 Cr.
Which of the following statements correctly describes the fundamental property of Money and Banking (Central Bank Functions) under standard NCERT definitions? Explain with the appropriate mathematical/scientific condition.
In an economy, Marginal Propensity to Consume (MPC) is 0.8. If autonomous investment increases by ₹500 Crores, calculate: (i) Investment Multiplier k, (ii) Total increase in National Income (ΔY), (iii) Change in Consumption Expenditure (ΔC).
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