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100+ Free BSEH SS Economics Practice Questions

Board of School Education Haryana (BSEH) Senior Secondary Economics (Class 12 — Economics elective, date-sheet code 576) practice questions are available now; exam metadata is being verified.

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2026 Statistics

Key Facts: BSEH SS Economics Exam

3 hours

Typical BSEH Senior Secondary Economics theory exam duration

BSEH date-sheet logistics (code 576)

33%

Common Senior Secondary subject pass floor for BSEH theory electives

BSEH Senior Secondary notification practice

Code 576

Economics subject code on BSEH Senior Secondary date sheet

BSEH date sheet

80 + 20

Common Theory + Internal Assessment mark split for Class 12 Economics

BSEH Class 12 Economics syllabus structure

English MCQ adaptation

This free local bank is not the official Senior Secondary paper format

OpenExamPrep practice policy

BSEH Senior Secondary Economics is a Class 12 public-exam theory elective of about 3 hours (date-sheet code 576; Theory 80 + Internal 20) with a 33% pass floor, covering micro and macro NCERT-style topics — not a pure MCQ board paper. This free 2026 bank is an English MCQ study adaptation for BSEH/NCERT Class 12 Economics concepts and calculations.

Sample BSEH SS Economics Practice Questions

Try these sample questions to test your BSEH SS Economics exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1The central problem of an economy arises primarily because:
A.Resources are scarce relative to unlimited wants
B.Money supply always exceeds goods supply
C.Governments fix all prices by law
D.Every good is a free gift of nature
Explanation: Scarcity of resources relative to unlimited human wants forces choices about what, how, and for whom to produce. These allocation decisions are the central economic problems.
2Which of the following is a microeconomic study?
A.Growth rate of national income
B.Price determination of wheat in a market
C.Aggregate unemployment in the economy
D.General price level inflation
Explanation: Microeconomics studies individual units—households, firms, and markets for particular goods. Price determination of wheat is a classic micro topic.
3Opportunity cost of a choice is best defined as:
A.The total money spent on the chosen option
B.The value of the next-best alternative foregone
C.The sum of all alternatives considered
D.Accounting cost minus economic cost
Explanation: Opportunity cost is the value of the next-best alternative sacrificed when a choice is made. It is the key cost concept in resource allocation.
4A production possibility frontier (PPF) that is concave to the origin reflects:
A.Constant opportunity cost of production
B.Increasing opportunity cost as more of one good is produced
C.Decreasing opportunity cost along the curve
D.Zero opportunity cost between goods
Explanation: A concave (bowed-out) PPF means resources are not equally suited to all goods. Producing more of one good requires sacrificing increasing amounts of the other—increasing opportunity cost.
5A point inside the production possibility frontier indicates:
A.Efficient full use of resources
B.Unattainable production with current resources
C.Underutilisation or inefficiency of resources
D.Technological progress beyond current capacity
Explanation: Points on the PPF are productively efficient. Inside points are attainable but inefficient—some resources are unemployed or misallocated.
6An economy produces only wheat and cloth. Moving from (wheat 100, cloth 40) to (wheat 80, cloth 50) on its PPF, the opportunity cost of 10 extra cloth units is:
A.10 units of wheat
B.20 units of wheat
C.80 units of wheat
D.50 units of cloth
Explanation: Wheat falls from 100 to 80, so 20 units of wheat are sacrificed to gain 10 cloth. Opportunity cost of the extra cloth is 20 wheat.
7Which statement is a positive economic statement?
A.The government should raise the minimum wage
B.Inequality ought to be reduced by progressive taxes
C.An increase in petrol price tends to reduce quantity demanded of petrol
D.Everyone deserves free higher education
Explanation: Positive statements describe what is (or can be tested); normative statements prescribe what ought to be. The petrol–demand relation is a testable positive claim.
8In a market economy, the basic economic problems are largely solved by:
A.Central planning directives only
B.Price mechanism and market forces of demand and supply
C.Custom and tradition exclusively
D.Random allocation by lottery
Explanation: In market (capitalist) economies, relative prices signal scarcity and coordinate producers and consumers, largely solving what, how, and for whom to produce.
9According to the law of diminishing marginal utility, as a consumer consumes more units of a good:
A.Total utility always falls immediately
B.Marginal utility of successive units eventually declines
C.Price of the good necessarily rises
D.Average utility is always zero
Explanation: The law of diminishing marginal utility states that MU from successive units of a commodity declines as consumption increases (other things equal). TU can still rise while MU is positive but falling.
10Under the utility approach, a consumer maximises satisfaction from two goods X and Y when:
A.MUx = MUy regardless of prices
B.MUx / Px = MUy / Py (and budget is exhausted)
C.TUx = TUy
D.Px = Py only
Explanation: Consumer equilibrium (cardinal utility) requires equality of marginal utility per rupee across goods: MUx/Px = MUy/Py, with the entire budget spent (for interior solution).

About the BSEH SS Economics Practice Questions

Verified exam format metadata for Board of School Education Haryana (BSEH) Senior Secondary Economics (Class 12 — Economics elective, date-sheet code 576) is pending. The practice questions above remain available while official exam length, timing, passing score, fee, and administrator details are reviewed.