CBSE Class 12 Economics 2026: question 11
Set in the CBSE Class 12 board exam of 2026, paper 58/5/1, section A, question 11, for 3 marks. Try it first; the hints and our step-by-step solution are below.
Q11 · 3 marks · Short answerNational Income Accounting
Estimate the value of 'Income from Property and Entrepreneurship' on the basis of the given data :
| S. No. | Items | Amount (in ₹ crore) |
|---|---|---|
| (i) | Wages and salaries | 1,300 |
| (ii) | Rent | 700 |
| (iii) | Employer's contribution to social security schemes | 300 |
| (iv) | Royalty | 200 |
| (v) | Corporate tax | 100 |
| (vi) | Interest | 350 |
| (vii) | Consumption of fixed capital | 50 |
| (viii) | Dividends | 150 |
| (ix) | Savings of private corporate sector | 200 |
Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 58/5/1.
Hints
Open one hint at a time and try again before the next.
Hint 1
Property income = rent + royalty + interest; entrepreneurship income = profit.
Hint 2
Profit is split into corporate tax, dividends and undistributed profit.
Hint 3
Leave out wages, social security and depreciation.
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.
- 1½ marks
Income from property and entrepreneurship = Rent + Royalty + Interest + Profit, where Profit = Corporate tax + Dividends + Savings of private corporate sector (undistributed profit).
- 1 mark
= 700 + 200 + 350 + (100 + 150 + 200)
- ½ mark
= ₹ 1,700 crore. (Wages and salaries and the employer's contribution are compensation of employees; consumption of fixed capital is not a factor income, so these are left out.)
Answer: Income from property and entrepreneurship = ₹ 1,700 crore.
Where the marks are
- Correct formula (1½)
- Substitution (1)
- Answer ₹ 1,700 crore (½)
Revise the chapter
- Chapter: National Income Accounting (notes, formulas, where marks are lost and every past question)
- Topic: Methods of Calculating National Income
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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.