CBSE Class 12 Economics Answer Key 2025 (Available)

Table of Contents

CBSE Class 12 Economics Answer Key 2025: After successful completion of the CBSE Class 12th Economics Exam 2025 Today i.e., March 19, 2025 [Wednesday] all the class 12th commerce stream students must have started looking for their set-wise CBSE Class 12th Economics Answer Key 2025. However, as we all know, the Central Board of Secondary Education does not release any official answer key, so students must be worried about where they will get the correct answers. So this is to inform them that our subject experts have started preparing an unofficial answer key and the same will soon be shared here. Students will be able to check their unofficial CBSE Class 12th Economics Answer Key 2025 with a complete Question paper analysis in the article below.

CBSE Class 12 Economics Answer Key 2025 Out Today

The CBSE Class 12th Economics Answer Key 2025 (unofficial) is a helpful guide for all the students who took the Class 12th Economics board exam for the academic year 2024-25. Students who appeared for the CBSE Class 12th Economics Answer Key 2025 exam can get an overview of the exam score and the overall performance in the economics examination.

Although it may not be completely accurate, it gives a good idea of expected marks. It is always important to verify with official sources for final confirmation. We will soon share the CBSE 12th Economics question paper along with the answer key and exam analysis in the article below. This will make it easier for students to find mistakes and learn the correct solutions. Checking answers with this guide can boost confidence and improve understanding.

Class 12th Economics Answer Key 2025

The unofficial CBSE Class 12th Economics Answer Key 2025 can be used by candidates to determine how well they performed in the examination. The answer key will include answers to questions asked in the CBSE Class 12th Economics Question Paper 2025. A glimpse of the set-wise Class 12th Economics Answer Key has been shared in the table below:

CBSE Class 12th Economics Answer Key 2025
Name of Examination	CBSE Class 12th Economics Exam 2025
Category	Answer Key
Status	to be Released
CBSE Class 12th Economics Exam date 2025	March 19, 2025
Exam Timing	10:30 am to 01:30 pm
CBSE Class 12th Economics Answer Key 2025 release date	March 19, 2025
Mode of availability	Online mode
Total marks	100 Marks

CBSE Class 12th Economics Marking Scheme

Students can now see the full CBSE Class 12th Economics Marking Scheme in the table below. It gives a clear idea of how marks are divided among different sections and questions. This helps students understand which parts of the exam carry more weight and how to plan their answers better. Knowing the marking scheme makes it easier to focus on important topics and manage time during the exam. Check the table below for all the details.

CBSE Class 12th Economics Marking Scheme
Unit	Topic	Marks
Part A: Introductory Macroeconomics
1	National Income and Related Aggregates	10
2	Money and Banking	06
3	Determination of Income and Employment	12
4	Government Budget and the Economy	06
5	Balance of Payments	06
		40
Part B: Indian Economic Development
6	Development Experience (1947-90) and Economic Reforms since 1991	12
7	Current Challenges Facing Indian Economy	20
8	Development Experience of India – A Comparison with Neighbour	08
		40
Part C: Project Work		20

CBSE Class 12th Economics Questions with Answers 2025

1. Identify, which of the following is not to be considered while estimating Revenue Deficit of a country. (Choose the correct option) (1 Mark)

(A) Wages and salaries paid by the government

(B) Interest payments made by the Central Government

(D) Expenditure incurred on construction of flyover

Answer: (D) Expenditure incurred on construction of flyover

2. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below: (1 Mark)

Assertion (A): In case of public goods no one can be excluded from enjoying the benefits.

Reason (R): Public goods are non-rivalrous and non-excludable in nature.

Options:

(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).

(D) Assertion (A) is false, but Reason (R) is true.

Answer: (A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

3. Value Addition = Value of Intermediate Consumption. (Choose the correct option(s) to complete the stated formula.) (1 Mark)

(i) Domestic sales

(ii) Sales – change in stock

(iii) Value of output

(iv) (Number of units produced) × (Price per unit)

Options

(A) (i) and (ii)

(B) (ii) and (iii)

(D) (iii) and (iv)

Answer:(C) (ii), (iii), and (iv)

4. Suppose for an economy, autonomous consumption stands as 100 crore and total consumption is 130 crore. The value of induced consumption would be Rs ________ crore. (Choose the correct option to fill up the blank.) (1 Mark)

Options:

(A) 30

(B) 80

(D) 130

Answer:(A) 30

5. In Keynesian Economics _________ starts from the origin and is always drawn at an angle of 45°. (Choose the correct option to fill up the blank.) (1 Mark)

Options:

(A) Consumption curve

(B) Aggregate demand curve

(D) Investment curve

Answer:(C) Reference line

6. The monetary policy is formulated by the _____ in the Indian economy. (Choose the correct option to fill up the blank.) (1 Mark)

Options:

(A) Central Government
(B) State Governments
(C) Reserve Bank of India
(D) World Bank

Answer: (C) Reserve Bank of India

7. To arrive at the value of equilibrium level of income, there must exist an equality between ex-ante _____ and ex-ante _____. (Choose the correct option to fill up the blank.) (1 Mark)

(i) Aggregate Demand, Aggregate Supply
(ii) Aggregate Demand, Savings
(iii) Aggregate Demand, Investment
(iv) Savings, Investment

Options:

(A) (i) and (ii)
(B) (i) and (iv)
(C) (ii) and (iii)
(D) (iii) and (iv)

Answer: (C) (ii) and (iii)

8. The budget under, which the government may spend an amount equal to the revenue it collects is referred as _____ Budget. (Choose the correct option to fill up the blank.) (1 Mark)

Options:

(A) Surplus
(B) Deficit
(C) Balanced
(D) Deflationary

Answer: (C) Balanced

9. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below: (1 Mark)

Assertion (A): If the value of Marginal Propensity to Save is 0.5, Marginal Propensity to Consume will be equal to Marginal Propensity to Save.

Reason (R): Sum of Marginal Propensity to Consume and Marginal Propensity to Save always equals to unity.

Options:

(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.

Answer: (A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

10. As the Banker to the Bank, Reserve Bank of India performs all functions except _____. (Choose the correct option to fill up the blank.) (1 Mark)

Options:

(A) Purchase and sale of securities on behalf of the general public
(B) Maintaining current account for Commercial Banks
(C) Clearing and settlement of Interbank transactions
(D) Facilitating governmental transactions

Answer: (A) Purchase and sale of securities on behalf of the general public

11. (a) “The government generally levies higher Goods and Services Tax (GST) on socially undesirable products like cigarettes, tobacco, liquor etc.”
Identify and explain the indicated government budget objective in the above statement. (3 Marks)

Answer: The government budget objective indicated in the statement is “Regulating Consumption of Harmful Goods” under Fiscal Policy Measures.

Higher GST on harmful goods such as cigarettes, tobacco, and liquor discourages their consumption.
It is part of the “Sin Tax” concept, aiming to reduce the negative externalities associated with these products.
It also helps the government generate additional revenue while promoting public health.

(b) Two friends Ramesh (a software engineer) and Pihu (a bakery owner) are discussing their contribution to the nation’s economy through tax payments. Ramesh earns ₹ 8,00,000 per year, which makes him liable to pay income tax. Pihu pays Goods and Service Tax (GST) on the sale of cakes and pastries.

CBSE Class 12th Economics Answer Key 2025 PDF Download

The unofficial CBSE Class 12th Economics Answer Key 2025 will be made available a few hours after the conduction of the Class 12th Economics Core Exam. All the students who appeared in the Economics exam for the academic year 2024-25 will be able to estimate their board marks via CBSE Class 12 Economics Answer Key 2025. The evaluation via answer key can help students predict their marks. The direct link to download the set-wise CBSE Class 12 Economics Answer Key 2025 will be updated below:

CBSE Class 12 Economics Answer Key 2025 PDF Download

CBSE Class 12 Economics Answer Key 2025 Set 1

CBSE Class 12 Economics Answer Key 2025 Set 2

CBSE Class 12 Economics Answer Key 2025 Set 3

How to Download the Unofficial CBSE Class 12th Economics Answer Key 2025?

Download the unofficial CBSE 12th Economics Answer Key 2025 PDF from the direct link that will soon be updated above and make sure to keep the Class 12th Economics question paper ready.
Review all your answers by matching them with the ones given in the unofficial answer key.
Give yourself marks for each correct answer and deduct marks for wrong ones, if needed, as per the marking rules.
Sum up all the marks to estimate your total score after reviewing all answers.
Students must note that the unofficial CBSE Class 12th Economics Answer Key 2025 PDF may not always be completely accurate. It is important to cross-check with official sources to be sure of the correct answers.

CBSE Class 12th Economics Exam Analysis 2025

After the completion of the CBSE Class 12th Economics Board Exam, 2025 students said, “that the overall difficulty level of the Class 12 Economics paper was moderately difficult”.
Most students found the theory-based questions easy to answer.
Students also said that some questions needed more time and effort, making them tough for students who were not well-prepared.
Students who practiced different types of questions found the paper easier to handle.
The overall difficulty level depended on how well each student had prepared.