Bihar Board 12th Economics Unofficial Key 2026: The Bihar State Education Board (BSEB) will conduct the class 12th Economics exam today, February 2, 2026, in the second shift from 2:00 PM to 5:15 PM. Around 13.18 lakh candidates at around 1,762 centres will appear for the exam.The Bihar Board 12th Economics Unofficial Key 2026 and question paper analysis will be updated here as soon as the exam concludes.
Students will be able to analyse their overall performance through this detailed analysis. The BSEB 12th Economics paper carried 100 marks, featuring 50% MCQs and 50% subjective questions. The subjective section includes short answer questions of 2 marks each and long answer questions of 5 marks each.Candidates will be given 3 hours and 15 minutes to complete the paper; the first 15 minutes will be allotted for reading the questions only.
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Bihar Board 12th Economics Unofficial Key 2026
Candidates can access the Bihar Intermediate Economics Unofficial Answer Key 2026:
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Bihar Board 12th Economics Questions 2026 |
Bihar Board 12th Economics Answers |
| Question 1: Which of the following is studies under micro economics? | all of these |
| Question 2: Who gave the concept of Limited Resources and unlimited wants | Robbins |
| Question 3: Which of the following is a factor of production? | all the above |
| Question 4: The word micro was first used by.... | Ragnar Frish |
| Question 5: 'Micros' Which means 'small' belongs to : | greek word |
| Question 6: Which of the following is not a welfare economist? | J B Say |
| Question 7: The central problem of an economy is.... | all the above |
| Question 8: Which economy has a co-existence of private and public sectors? | Mixed |
| Question 9: In which economy decision are taken on the basis of price | Capitalist |
| Question 10: The slope of a production possibility curve falls: | from left to right |
| Question 11: Consumer behaviour is studied in : | micro economics |
| Question 12: First law of Gossen | Law of Diminishing Marginal Utility |
| Question 13: Budget line indicates___ | price ratio |
| Question 14: From which of the following is the slope of indifference curve is measured? | MRS |
| Question 15: Consumption of every additional... | Diminishing |
| Question 16: How we calculate marginal utility | Option A |
| Question 17: Utility can be measured by.... | money |
| Question 18: who propounded... | Hicks and Allen |
| Question 19: Utility in Economics means.. | want satisfying power |
| Question 20: When total utility is fixed then Marginal utility is: | Zero |
| Question 21: Demand curve generally slopes... | downwards from left to right |
| Question 22: Which of the following is a reason for fall in demand? | all the above |
| Question 23: Goods which can alternatively used... | substituted goods |
| Question 24: with the raise in coffee price... | rise |
| Question 25: In the following, the example of substitute goods is... | tea and coffee |
| Question 26: For luxury goods... | elastic |
| Question 27: Which of the following elasticity is less than 1 | necessary goods |
| Question 28: who propounded... | Marshall |
| Question 29: How many types of elasticity of demand has? | Five |
| Question 30: Elasticity of demand for substitute goods is... | Positive |
| Question 31: If the increase in income... | giffin object |
| Question 32: Price elasticity of demand means: | change in demand due to change in price |
| Question 33: In production function, production is a function of ? | factors of production |
| Question 34: Long-run production function... | law of return to scale |
| Question 35: Law of variable proportion... | short term |
| Question 36: When Average Product (AP) .... | equal to AP |
| Question 37: The production function of a firm is.. | relationship between input and output |
| Question 38: When total fixed cost of production... | INR 330 |
| Question 39: The shape of the average cost curve is- | U |
| Question 40: which of the following statement is true | AC=AFC+AVC |
| Question 41: Which of the following is included in Monetary cost? | Implicit Cost |
| Question 42: which of the following is not a fixed cost? | cost of raw materials |
| Question 43: MR is shown as.. | option A |
| Question 44: In which market AR=MR? | perfect competition |
| Question 45: which of the following statement is true | A and B |
| Question 46: In monopoysitic competition... | none of these |
| Question 47: For a firm's equilibrium.. | MR=MC |
| Question 48: Which is a method of producer's equilibrium? | both A and B |
| Question 49: A firm produces in the state of loss when.. | price is more than AVC |
| Question 50: Determining factor of Supply of goods is:` | all the above |
| Question 51: What type of relationship is found between the quantity supplied of a commodity and its price? | Direct |
| Question 52: If the price of goods rasie by 60%.... | Inelastic |
| Question 53: Which of the following is a characteristic of market? | all of these |
| Question 54: Market situation where there is only one buyer | monopsony |
Bihar Board 2026 Class 12th Economics: Question Paper Analysis
Students can go through the Bihar Board 2026 Class 12th Economics Exam Analysis from the table below.
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Particulars |
Details |
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Bihar Board 2026 Class 12th Economics Overall Difficulty Level |
Easy to Moderate |
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Was the Paper Lengthy? |
Yes |
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Number of Good Attempts |
to be updated |
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Important Topics Asked |
to be added |
The BSEB Class 12th Economics Unofficial Answer Key 2026 is prepared by the experts for analysis purposes only.