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Free Practice Questions for Karnataka II PUC Economics (KSEAB)

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Key Facts: Karnataka II PUC Economics (KSEAB) Exam

Code 22

Official II PUC Economics subject code

KSEAB/DPUE II PUC Economics blueprint 2025–26

~3 hours

Typical theory duration (often + reading time)

KSEAB II PUC exam logistics / pattern reporting

80+20

Commonly described theory + internal split for Economics

KSEAB II PUC non-practical subject pattern reporting

~30% theory

Commonly reported minimum theory pass for regular candidates

KSEAB pass criteria reporting (confirm current circular)

Mixed paper

Official format is objective + subjective, not pure MCQ

KSEAB/DPUE Economics model and question bank papers

English MCQ adaptation

This free local bank is not the official mixed paper format

OpenExamPrep practice policy

KSEAB II PUC Economics (code 22) is a Class 12 board subject with a mixed objective + subjective theory paper lasting about 3 hours, commonly ~80 theory + 20 internal. Pass is commonly ~30% theory plus overall rules as notified. Fees are paid through colleges. This free 2026 bank is an English MCQ study adaptation — not an official paper simulation.

Sample Karnataka II PUC Economics (KSEAB) Practice Questions

Try these sample questions to review concepts for the Karnataka II PUC Economics (KSEAB) exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Scarce resources of an economy typically have:
A.A single fixed use
B.Competing alternative uses
C.Unlimited free uses
D.No opportunity cost
Explanation: Scarcity means limited resources cannot satisfy all wants, so the same resources have competing alternative uses. Choosing one use means forgoing another, which is the basis of opportunity cost in NCERT Class 12 microeconomics.
2Which set lists the three central problems of an economy?
A.What, how, and for whom to produce
B.When, where, and why to produce
C.Save, invest, and consume only
D.Import, export, and tax only
Explanation: Because resources are scarce, every economy must decide what goods to produce, how (technique) to produce them, and for whom the output is distributed. These three central problems structure the micro introduction chapter.
3A production combination that lies inside the production possibility frontier (PPF) indicates:
A.Efficient full use of resources
B.Unattainable output with current resources
C.Inefficient or underutilised resources
D.Technological progress has already occurred
Explanation: Points on the PPF are productively efficient given resources and technology. Points inside the frontier are attainable but inefficient (unemployment or underuse of resources). Points outside are unattainable with current resources.
4Which statement is an example of positive economics rather than normative economics?
A.The government should raise the minimum wage
B.Unemployment is too high and must be reduced
C.A 10% rise in income tax revenue followed a rate change last year
D.Everyone ought to have free higher education
Explanation: Positive economics describes or explains what is (testable statements about facts and relationships). Normative economics states what ought to be (value judgments). Only the factual claim about tax revenue is positive.
5In a mixed economy:
A.Only the government owns all resources
B.Only private markets make all decisions
C.Both private markets and government play economic roles
D.There is no scarcity of resources
Explanation: A mixed economy combines market mechanisms with government intervention and public ownership in some sectors. Most real economies, including India, are mixed rather than pure market or pure command systems.
6Utility in consumer theory is best described as:
A.An objective physical measure identical for all people
B.The subjective want-satisfying capacity of a commodity
C.Always equal to market price
D.Independent of place and time
Explanation: Utility is the want-satisfying power of a good as perceived by the consumer. It is subjective and can change with person, place, and time; it is not an objective physical constant equal to price.
7If total utility (TU) from oranges rises from 28 units at 4 oranges to 30 units at 5 oranges, marginal utility of the 5th orange is:
A.2 units
B.30 units
C.58 units
D.-2 units
Explanation: Marginal utility is the change in total utility from one more unit: MU = change in TU / change in Q = (30 - 28)/1 = 2 units.
8When total utility is maximum, marginal utility is:
A.Maximum and positive
B.Zero
C.Always negative
D.Equal to average utility
Explanation: As long as MU is positive, TU rises. When TU reaches its maximum, the next unit adds zero extra satisfaction, so MU = 0. Beyond that point MU becomes negative and TU falls.
9Ordinal utility analysis measures utility by:
A.Absolute cardinal numbers only
B.Ranks or preference orderings
C.Market prices alone
D.Labour hours spent shopping
Explanation: Ordinal utility (indifference-curve approach) ranks bundles as preferred, indifferent, or less preferred without requiring cardinal utils. Cardinal utility assigns numeric utility values.
10A standard indifference curve for two goods with diminishing MRS is:
A.Convex to the origin
B.Concave to the origin
C.A straight vertical line
D.Upward sloping
Explanation: Diminishing marginal rate of substitution means as the consumer has more of X and less of Y, she gives up less Y for extra X. That produces indifference curves convex to the origin.

About the Karnataka II PUC Economics (KSEAB) Exam

Karnataka II PUC Economics is the Class 12 Pre-University public examination Economics paper (subject code 22) under the Karnataka School Examination and Assessment Board (KSEAB) and Department of Pre-University Education. It assesses Introductory Microeconomics and Introductory Macroeconomics aligned with NCERT Class 12 textbooks and the official 2025–26 code-22 blueprint: consumer behaviour, production and costs, perfect competition, market equilibrium, national income accounting, money and banking, determination of income and employment, government budget, and open-economy macroeconomics. The official assessment is a mixed objective + subjective theory paper lasting about 3 hours (often with reading time), commonly described as ~80 theory + ~20 internal. Fees and exact blueprints are notified on kseab.karnataka.gov.in and dpue-exam.karnataka.gov.in; pass marks are commonly described as about 30% theory with overall subject rules. The 100 questions on this page are a free English-language multiple-choice study adaptation with step-by-step calculations; they are not a full simulation of the official mixed paper.

Exam sponsor: Karnataka School Examination and Assessment Board (KSEAB) / Department of Pre-University Education, Karnataka. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Official KSEAB II PUC Economics (code 22) is assessed as a mixed paper: objective-style items plus subjective short and long answers, lasting about 3 hours (often described with about 15 minutes reading time). Theory is widely associated with an ~80 mark written component plus ~20 internal assessment — confirm the year’s circular on kseab.karnataka.gov.in. Units follow the official 2025–26 Economics blueprint (Introductory Micro: Introduction; Theory of Consumer Behaviour; Production and Costs; Perfect Competition; Market Equilibrium; Introductory Macro: Introduction; National Income Accounting; Money and Banking; Determination of Income and Employment; Government Budget; Open Economy). This practice bank is an English-language MCQ study adaptation for concept and calculation fluency — it does not simulate official attempt limits, subjective long answers, or internal assessment.

Time Limit

3 hours (commonly described as 3 hours 15 minutes including reading time)

Passing Score

Commonly reported as about 30% in theory for regular candidates (often cited ~24/80) together with overall subject total rules around 30–35% as published by KSEAB for the year; verify the current pass criteria circular.

Exam / Certification Fees

As notified by KSEAB/DPUE and paid through colleges for regular II PUC sittings (no single fixed public subject fee for all categories).

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

~5% of this local bank

Introduction to Microeconomics

Scarcity and choice, central problems, production possibility frontier, positive vs normative economics, and market/planned/mixed systems.

~17% of this local bank

Theory of Consumer Behaviour

Utility and MU, budget line, indifference curves and MRS, demand function, price elasticity calculations, and good classifications.

~8% of this local bank

Production and Costs

Production function, TP/AP/MP schedules, returns to scale, TFC/TVC/TC and AFC/AVC/AC/MC numericals and curve shapes.

~9% of this local bank

Theory of the Firm under Perfect Competition

Homogeneous products, price-taking TR/AR/MR, profit max at MR=MC, short-run supply and shutdown, long-run zero economic profit.

~8% of this local bank

Market Equilibrium

Equilibrium price/quantity, demand and supply shifts, excess demand/supply, and price controls (ceiling/floor).

~4% of this local bank

Introduction to Macroeconomics

Why macroeconomics emerged, aggregates vs individual agents, and the circular-flow framing of income.

~14% of this local bank

National Income Accounting

GDP/GNP/NNP identities, factor cost vs market price, three methods of NI, real vs nominal GDP, and GDP–welfare limits.

~10% of this local bank

Money and Banking

Functions of money, commercial bank credit creation, money multiplier, and RBI credit-control tools.

~7% of this local bank

Determination of Income and Employment

AD components, APC/MPC/APS/MPS, consumption function, investment multiplier, and equilibrium income.

~8% of this local bank

Government Budget and the Economy

Revenue and capital budget items, revenue/fiscal/primary deficits, and fiscal policy goals.

~10% of this local bank

Open Economy Macroeconomics

BOP accounts, autonomous vs accommodating transactions, flexible/fixed exchange rates, depreciation vs devaluation.

Preparing for the Karnataka II PUC Economics (KSEAB) Exam

What You Need to Know

  • Passing score: Commonly reported as about 30% in theory for regular candidates (often cited ~24/80) together with overall subject total rules around 30–35% as published by KSEAB for the year; verify the current pass criteria circular.
  • Assessment: Official KSEAB II PUC Economics (code 22) is assessed as a mixed paper: objective-style items plus subjective short and long answers, lasting about 3 hours (often described with about 15 minutes reading time). Theory is widely associated with an ~80 mark written component plus ~20 internal assessment — confirm the year’s circular on kseab.karnataka.gov.in. Units follow the official 2025–26 Economics blueprint (Introductory Micro: Introduction; Theory of Consumer Behaviour; Production and Costs; Perfect Competition; Market Equilibrium; Introductory Macro: Introduction; National Income Accounting; Money and Banking; Determination of Income and Employment; Government Budget; Open Economy). This practice bank is an English-language MCQ study adaptation for concept and calculation fluency — it does not simulate official attempt limits, subjective long answers, or internal assessment.
  • Time limit: 3 hours (commonly described as 3 hours 15 minutes including reading time)
  • Exam / certification fees: As notified by KSEAB/DPUE and paid through colleges for regular II PUC sittings (no single fixed public subject fee for all categories). Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

Karnataka II PUC Economics (KSEAB): Suggested Study Strategy

1Practice official KSEAB/DPUE Economics model papers and previous papers under timed ~3 h conditions so you can switch from MCQ drills to written short and long answers.
2Prioritise high-weight units: Theory of Consumer Behaviour (~20 blueprint marks) and National Income Accounting (~17 marks).
3Keep a formula sheet for MU, price elasticity, TP/AP/MP, AFC/AVC/AC/MC, GDP identities, APC/MPC, and the money and investment multipliers.
4Draw demand–supply, cost, and PPF diagrams from memory weekly — many theory marks come from labelled figures.
5For numericals, write the identity first (e.g., NNPFC = GNPMP − depreciation − NIT + NFIA) before substituting numbers.
6Use English-medium official materials if you study in English; Kannada-medium candidates should also practice official Kannada wording from KSEAB sources.

Frequently Asked Questions

Is the official KSEAB II PUC Economics exam pure multiple-choice?

No. Official KSEAB II PUC Economics (code 22) is a mixed paper with objective-style items and subjective short/long answers. This bank is an English-language multiple-choice study adaptation for concepts and calculations only — not an official paper simulation.

What is the subject code for II PUC Economics?

Economics is subject code 22 under the Karnataka II PUC / KSEAB public examination scheme. Confirm the year’s date sheet and question paper codes on kseab.karnataka.gov.in and the DPUE exam portal.

How long is the KSEAB II PUC Economics paper?

Theory papers are commonly scheduled for about 3 hours; many sources also describe about 15 minutes of reading time (about 3 hours 15 minutes total). Confirm the year’s date sheet and instructions on kseab.karnataka.gov.in.

What is the passing score for KSEAB II PUC Economics?

For non-practical subjects, reporting commonly describes about 30% in the theory paper for regular candidates (often cited as about 24 out of 80) together with overall subject total rules around 30–35% as notified. Always verify the current pass criteria circular for your examination year.

What is the theory–internal mark pattern?

Many Karnataka II PUC non-practical subjects, including Economics, are described under an ~80 theory + ~20 internal assessment pattern. Exact section marks and internal weightage are as published by KSEAB/DPUE for the year.

How much does the KSEAB II PUC Economics exam cost?

Economics is not sold as a separate marketplace product. Fees are notified by KSEAB/DPUE and paid through colleges for regular candidates. Check kseab.karnataka.gov.in and pue.karnataka.gov.in for the current fee circular.

What syllabus does this bank follow?

It is aligned to the official 2025–26 II PUC Economics (code 22) blueprint and NCERT Class 12 Introductory Microeconomics and Introductory Macroeconomics: consumer behaviour, production and costs, perfect competition, market equilibrium, national income, money and banking, income determination, government budget, and open-economy macroeconomics.

Where can I find the official blueprint and model materials?

KSEAB/DPUE publish the Economics blueprint PDF (22_ECONOMICS_BP) and official question banks on the dpue-exam.karnataka.gov.in portal. Start at https://kseab.karnataka.gov.in and the linked blueprint URL for code 22.