CBSE Class 12 Economics – Case Study (Set 3)

By / December 20, 2025

CBSE Economics Case Study – Set 3

CBSE Class 12 Economics – Case Study (Set 3)

Case Study 1: Inflation
The general price level in an economy increased continuously for several months.
Q1. This situation is known as:
Answer: (b) Continuous rise in prices is inflation.
Q2. Inflation reduces:
Answer: (a)
Q3. Which group suffers most?
Answer: (b)
Q4. Inflation is measured by:
Answer: (b)
Case Study 2: Banking
Commercial banks accept deposits from the public and give loans.
Q5. Primary function of bank is:
Answer: (c)
Q6. Bank loans are assets because:
Answer: (a)
Q7. Deposits are:
Answer: (b)
Q8. Bank works as:
Answer: (c)
Case Study 3: Government Budget
The government increased spending on education and health.
Q9. This expenditure is:
Answer: (b)
Q10. Objective of such spending:
Answer: (b)
Q11. Budget showing excess expenditure is:
Answer: (c)
Q12. Health spending increases:
Answer: (b)
Case Study 4: Balance of Payments
India imported more goods than it exported in a year.
Q13. This results in:
Answer: (c)
Q14. Imports are recorded in:
Answer: (b)
Q15. BOP is maintained by:
Answer: (a)
Q16. Deficit can be financed by:
Answer: (b)
Case Study 5: National Income
GDP of a country increased during the year.
Q17. GDP measures:
Answer: (b)
Q18. GDP includes:
Answer: (c)
Q19. GDP at constant prices shows:
Answer: (b)
Q20. Per capita income is:
Answer: (b)
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