The Council for the Indian School Certificate Examinations (CISCE) conducted the ISC Class 12 Economics Exam 2026 today, March 23, 2026. The examination was held in a single shift across the country from 2:00 PM to 5:15 PM. This article provides the most useful resources for students who want to check for correct answers and estimate their expected marks in the ISC Class 12 Economics exam 2026. We have provided the question paper PDF and a preliminary answer key curated by experts. Students can download these resources and utilize them to assess their performance and gain clarity on the solutions.
ISC Class 12 Economics Exam 2026: Key Highlights
| Feature | Details |
| Exam Name | ISC (Class 12) Board Examination 2026 |
| Board Name | Council for the Indian School Certificate Examinations (CISCE) |
| Subject | Economics |
| Exam Date | March 23, 2026 |
| Total Marks | 80 Marks |
| Time Allotted | 3 Hours (plus 15 minutes reading time) |
| Total Number of Questions | 13 Questions (including subparts) |
| Difficulty Level | Easy to Moderate |
ISC 12th Economics Question Paper Pattern 2026
According to the 2026 question paper, the exam was structured into three distinct sections:
-
Section A (16 Marks): Consists of Question 1, which includes sixteen subparts. These are very short answer questions (including MCQs) carrying 1 mark each.
-
Section B (32 Marks): Contains eight short answer questions (Questions 2 to 9). Each question in this section carries 4 marks. Internal choices were provided in two of these questions.
-
Section C (32 Marks): Comprises four long answer questions (Questions 10 to 13). Each question carries 8 marks. Internal choice was provided in one question in this section.
ISC Class 12 Economics Question Paper 2026 PDF
Students can review the complete set of questions, including diagrams and data-based tables, by downloading the official-style question paper provided below.
| Download ISC Class 12 Economics Question Paper 2026 PDF |
ISC Class 12 Economics Answer Key & Solutions 2026
The answer key for today’s Economics exam is provided below to help students match their responses and estimate their probable scores. Candidates can use this to get a quick idea of their performance in the exam.
I. Section A: Multiple Choice Questions (i to ix)
| Question No. | Correct Option |
| (i) | (a) oligopoly |
| (ii) | (c) ₹ 34 |
| (iii) | (d) E is the equilibrium point... |
| (iv) | (b) Clearing house facility |
| (v) | (b) Image 2 leads to an increase in asset... |
| (vi) | (d) Rise in supply of television... |
| (vii) | (c) Rush Ltd... invested in India... |
| (viii) | (a) Both Assertion and Reason are true... |
| (ix) | (b) Both Assertion and Reason are true... |
II. Answer Hints for 1-Mark Questions (x to xvi)
(x) Budget Line Slope: The budget line cannot slope positively because, with a fixed income and constant prices, a consumer can only buy more of one good by buying less of the other (inverse relationship) .
(xi) Fiat Money: Indian currency is fiat money because it serves as money by government order/decree and has no intrinsic value (unlike gold or silver coins).
(xii) Demand-Pull Inflation: This occurs when aggregate demand for goods and services exceeds aggregate supply at full employment, "pulling" prices upward.
(xiii) Demand Curve Elasticity: A perfectly competitive firm is a price taker (horizontal/infinite elasticity), whereas a monopolistic firm has product differentiation, giving it some price control (downward sloping/less elastic).
(xiv) Monopsony Features: 1. A single buyer in the market. 2. Many sellers (usually of labor or raw materials).
(xv) Regressive Nature of GST: GST on soaps is regressive because the tax rate is uniform for all; thus, it consumes a larger percentage of a poor person's income compared to a rich person's income.
(xvi) Correcting BoP Deficit: Raising domestic interest rates attracts foreign capital/investments (inflows), which helps cover the deficit in the overall Balance of Payments.
ISC Class 12 Economics Exam Analysis 2026
The ISC Class 12 Economics paper for 2026 is rated as Easy to Moderate in terms of difficulty.
-
Section A was straightforward, focusing on core definitions and basic conceptual identification.
-
Section B required a balance of theoretical explanation and diagrammatic representation (such as the Price Ceiling/Floor and Cost Curves).
-
Section C was more analytical, featuring a case study on inflation in Argentina and numerical problems on National Income (Value Added and Income methods).
Students who practiced previous years' papers and focused on diagrams found the paper quite scoring.
We hope this resource helps you evaluate your performance in the ISC Economics exam. Using the question paper PDF and answer key hints provided, you can get a clear picture of your expected scores. Stay tuned for further updates regarding official results and marking schemes.
Comments
All Comments (0)
Join the conversation