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A company named Tech Info… (Class 12 Economics 2026, Q14a)

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EconomicsCBSE Class 12 · Board exam 2026, set 58/5/1 · 4 marks · Long answer

CBSE Class 12 Economics 2026: question 14(a)

Set in the CBSE Class 12 board exam of 2026, paper 58/5/1, section A, question 14(a), for 4 marks. Try it first; the hints and our step-by-step solution are below.

Q14(a) · 4 marks · Long answerCompetency-basedNational Income Accounting

A company named Tech Info Ltd. manufactures printers. The company purchases machinery from Germany to manufacture printers. These printers are sold in the domestic and foreign markets to households and dealers. The machinery purchased and printers manufactured, both can be classified as final goods.

Do you agree with the given statement ? Give valid arguments in support of your answer.

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

A good can be final or intermediate depending on who buys it and why.

Hint 2

Is the dealer the final user of the printer?

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. No, I do not agree. Not all the goods are final goods.

  2. The machinery bought from Germany is a final good: it is a capital good used for investment, not used up or resold within the year.

    1 mark

  3. Printers sold to households (and those exported) are final goods: they reach their final users for consumption.

    1 mark

  4. Printers sold to dealers are intermediate goods, because they are bought for resale within the same year.

    1 mark

  5. Final goods are goods meant for final consumption or investment; intermediate goods are goods used for further production or for resale during the same year.

    1 mark

Answer: Disagree: machinery and printers sold to households are final goods, but printers sold to dealers for resale are intermediate goods.

Where the marks are

  • Machinery as final (1)
  • Printers to households as final (1)
  • Printers to dealers as intermediate (1)
  • Meanings of final and intermediate goods (½ + ½)

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 paper2026 board paper, set 58/5/1: 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.