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State any three… (Business Studies 2026 66/1/1 Q24b)

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Business StudiesCBSE Class 12 · Board exam 2026, set 66/1/1 · 3 marks · Short answer

CBSE Class 12 Business Studies 2026: question 24(b)

Set in the CBSE Class 12 board exam of 2026, paper 66/1/1, section B, question 24(b), for 3 marks. Try it first; the hints and our step-by-step solution are below.

Q24(b) · 3 marks · Short answerBusiness Environment

State any three features of 'Demonetisation'.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 66/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Demonetisation (2016) withdrew ₹500 and ₹1,000 notes as legal tender.

Hint 2

Think about taxes and cash.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Tax administration measure: It requires declaration of unaccounted wealth and payment of tax at a penalty rate.

    1 mark

  2. Shift against tax evasion: It signals that the government will no longer tolerate tax evasion.

    1 mark

  3. Less-cash economy: It moves savings into the formal financial system and creates a less-cash (cash-lite) economy, improving tax compliance.

    1 mark

Answer: Any three: tax administration measure, signal against tax evasion, channelling savings into the formal system, less-cash economy.

Where the marks are

  • Any three features, 1 each

Revise the chapter

Practise this chapterBoard-style questions from Business Environment, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 66/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.