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AHSEC Class 12 Important Questions (Question Bank)

AHSEC Class 12 Economics Important Questions 2025 [Economics Question Banks]

AHSEC Class 12 Economics Important Questions 2025, includes previous years’ questions and additional important ones commonly seen in exams
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Preparing for the AHSEC Class 12 Alternative Economics exam 2025 can be easier with the right guidance. This Alternative English Question Bank, titled AHSEC Class 12 Economics Important Questions 2025, includes previous years’ questions and additional important ones commonly seen in exams. These HS 2nd Year Economics Important Questions 2025 will help students focus on key topics and prepare effectively to score well in their exams.

AHSEC Class 12 Economics Important Questions 2025

AHSEC Class 12 Economics Important Questions 2025 Exam

No.

Chapters

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1

Chapter-Wise Notes

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2

Chapter-Wise Notes (PDF)

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3

Solved Question Papers (2012-24)

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Part A: Introductory Macroeconomics

Unit 1: National Income and Related Aggregates

  1. Define Macroeconomics. Explain its meaning and emergence. (HS 2012, 2015 – 2 marks)

  2. Mention the major sectors of an economy. (HS 2013, 2019 – 2 marks)

  3. Differentiate between consumption goods and capital goods. (HS 2014, 2020 – 2 marks)

  4. What are stocks and flows? Explain with examples. (HS 2015, 2017 – 3 marks)

  5. Explain the circular flow of income in a two-sector model. (HS 2016, 2021 – 5 marks)

  6. Write short notes on:

    • Factor cost (HS 2013, 2018 – 2 marks)

    • Gross National Product (GNP) (HS 2015, 2020 – 3 marks)

    • Real and Nominal GDP (HS 2014, 2019 – 3 marks)

  7. Discuss the three methods of calculating national income with suitable examples. (HS 2012, 2022 – 5 marks)

  8. Explain GDP and its relationship with welfare. (HS 2016, 2024 – 6 marks)

  9. Practical Question: Calculate national income using the value-added method. (HS 2012, 2018, 2023 – 5 marks)

Unit 2: Determination of Income and Employment

  1. What is aggregate demand? Explain its components. (HS 2012, 2020 – 5 marks)

  2. Define the consumption function. What are propensity to consume and propensity to save? (HS 2013, 2019 – 4 marks)

  3. Describe the concept of investment multiplier and its mechanism. (HS 2014, 2021 – 5 marks)

  4. Discuss the determination of equilibrium income in the short run in a two-sector model. (HS 2015, 2023 – 6 marks)

  5. What is full employment? Explain the concepts of deficit demand and excess demand. (HS 2016, 2018 – 5 marks)

  6. Practical Question: Solve numerical problems on investment multiplier. (HS 2014, 2022 – 4 marks)

Unit 3: Money and Banking

  1. Define money and explain its functions. (HS 2012, 2017 – 2 marks)

  2. What are the motives for the demand for money? (HS 2013, 2020 – 3 marks)

  3. Explain the supply of money and its various measures. (HS 2014, 2019 – 4 marks)

  4. What is credit creation? Explain how commercial banks create credit. (HS 2015, 2021 – 5 marks)

  5. Explain the policy tools used to control money supply. (HS 2016, 2024 – 4 marks)

  6. Write a short note on demonetization. (HS 2017, 2023 – 3 marks)

Unit 4: Government Budget and the Economy

  1. Define the government budget. What are its objectives? (HS 2012, 2020 – 3 marks)

  2. Differentiate between revenue receipts and capital receipts. (HS 2013, 2021 – 2 marks)

  3. Explain the classification of expenditure into revenue and capital expenditure. (HS 2014, 2019 – 4 marks)

  4. What are fiscal deficit, revenue deficit, and primary deficit? (HS 2015, 2022 – 5 marks)

  5. Write a short note on the Fiscal Responsibility and Budget Management Act, 2003. (HS 2016, 2018 – 3 marks)

  6. Explain the concept of GST. (HS 2017, 2024 – 4 marks)

Unit 5: Open Economy

  1. What is Balance of Payments? Explain its components. (HS 2012, 2019 – 5 marks)

  2. Explain the foreign exchange market and types of exchange rates. (HS 2013, 2021 – 6 marks)

  3. Compare the merits and demerits of flexible and fixed exchange rates. (HS 2014, 2020 – 5 marks)

  4. Discuss the determination of exchange rates under fixed and flexible exchange rate systems. (HS 2015, 2023 – 6 marks)

Part B: Indian Economic Development

Unit 6: Development Experience (1947-1990)

  1. Describe the state of the Indian economy on the eve of independence. (HS 2012, 2020 – 5 marks)

  2. Explain the common goals of Five-Year Plans in India. (HS 2013, 2021 – 4 marks)

  3. Discuss the main features and problems of agriculture during the planning period. (HS 2014, 2019 – 6 marks)

  4. Explain the Industrial Policy Resolution of 1956. (HS 2015, 2023 – 5 marks)

  5. What is import substitution? Explain its role in trade policy. (HS 2016, 2018 – 5 marks)

Unit 7: Economic Reforms since 1991

  1. What were the objectives of economic reforms in 1991? (HS 2012, 2019 – 5 marks)

  2. Define liberalization, privatization, and globalization (LPG Policy). (HS 2013, 2021 – 4 marks)

  3. Discuss the features and appraisal of the LPG reforms. (HS 2014, 2020 – 6 marks)

Unit 8: Current Challenges Facing Indian Economy

  1. Explain the concept of human capital and its sources. (HS 2012, 2020 – 6 marks)

  2. Describe the state of human capital formation in India. (HS 2013, 2021 – 5 marks)

  3. What are the key issues related to credit and marketing in rural areas? (HS 2014, 2019 – 5 marks)

  4. Discuss the agriculture market system and diversification into productive activities. (HS 2015, 2023 – 6 marks)

  5. Define sustainable development and explain its strategies. (HS 2016, 2018 – 5 marks)

  6. Write short notes on:

    • Organic farming (HS 2013, 2020 – 3 marks)

    • Environmental challenges in India (HS 2015, 2024 – 6 marks)

Unit 9: Development Experiences of India: A Comparison with Neighbors

  1. Compare the demographic indicators of India and China. (HS 2012, 2020 – 5 marks)

  2. Discuss the economic growth and sectoral development in India and Pakistan. (HS 2013, 2021 – 5 marks)

  3. Compare India’s human development indicators with its neighboring countries. (HS 2014, 2023 – 6 marks)

Miscellaneous Questions (2012–2024)

  1. Define unemployment. HS 2016 (2 marks), HS 2019 (2 marks)

  2. Explain the types of inflation. HS 2017 (3 marks), HS 2020 (3 marks)

  3. What are the objectives of monetary policy? HS 2018 (3 marks), HS 2021 (3 marks)

  4. What is meant by demand-pull inflation? HS 2019 (4 marks), HS 2022 (4 marks)

  5. Explain the concept of international trade. HS 2016 (4 marks), HS 2023 (4 marks)

  6. What is the significance of fiscal policy? HS 2020 (2 marks), HS 2022 (2 marks)

  7. Explain the role of Self-Help Groups (SHGs) in empowering rural women. HS 2019 (4 marks), HS 2023 (4 marks)

  8. What is human development? HS 2017 (4 marks), HS 2021 (4 marks)

  9. What is the importance of GDP in macroeconomics? (HS 2012, 2020 – 2 marks)

  10. Define sustainable development. (HS 2015, 2023 – 3 marks)

  11. Discuss the impact of globalization on Indian agriculture. (HS 2014, 2022 – 5 marks)

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Also Explore: Economics Important Questions Bank for Upcoming Final Examination 

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Benefits of These Important Questions Banks

1. Covers all previous years’ and extra important questions.

2. Focuses on common exam questions to save time.

3. Helps students understand the exam pattern.

4. Improves marks with better preparation.

5. Easy to use and saves study time.

Pro Tips for Students

1. Study the common questions first.

2. Practice writing answers to improve speed.

3. Revise questions regularly.

4. Focus more on topics you find hard.

5. Use time wisely and stay consistent.

Class 12 Other Subjects Important Questions

FAQ (Frequently Asked Questions)

1. Can these questions guarantee full marks in exams?

These questions focus on important topics and common patterns to help you prepare better, but success depends on your overall effort.

2. Are these questions suitable for all AHSEC students?

Yes, these questions are designed according to the AHSEC Class 12 syllabus and are helpful for all students.

3. How often should I practice these questions?

Practice regularly, revise weekly, and write answers for better results.

Last Words


These AHSEC Class 12 Economics Important Questions 2025 are made to help you prepare confidently and score well in your exams. Use this guide wisely, stay focused, and give your best effort. Good luck!

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