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Read the following… (Class 12 Economics SQP 2026-27, Q7)

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EconomicsCBSE Class 12 · Sample paper, session 2026-27 · 1 mark · Assertion-reason

CBSE Class 12 Economics sample paper 2026-27: question 7

From the official CBSE sample question paper for 2026-27, section A, question 7, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q7 · 1 mark · Assertion-reasonCompetency-basedNational Income Accounting

Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below:
Assertion (A): Goods such as cars, refrigerators etc. are non-durable in nature, regardless of whether they are used by households or firms.
Reason (R): Consumer durable goods and capital goods have a common feature of durability, even though they may have different end users.

  1. (A)Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
  2. (B)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
  3. (C)Assertion (A) is true, but Reason (R) is false.
  4. (D)Assertion (A) is false, but Reason (R) is true.

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2026-27.

Hints

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

Hint 1

Do cars last for one use or many years?

Hint 2

Check A by itself first.

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. Assertion: False. Cars and refrigerators are durable goods: they last for several years, whether bought by households (consumer durables) or by firms (capital goods).

    Reason: True. Consumer durables and capital goods share the feature of durability even though their end users differ.

  2. A is false and R is true. Option (D).

    1 mark

Answer: (D) Assertion (A) is false, but Reason (R) is true.

Where the marks are

  • Truth of A and R and the link between them (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from National Income Accounting, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2026-27: 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.