Arts (English Medium) कक्षा १२ - CBSE Question Bank Solutions

It is a conscious design to shape the socio-economic processes in order to achieve an objective?

In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?

When was the National Development Council (NDC) set up as an adjunct to the Planning Commission?

When was NITI Aayog established?

Who is the ex-officio chairman of the planning commission?

When was Planning commission established?

Which of the following is not an example of physical capital?

Answer the following question.
Explain the central problem for whom to produce.

Explain how government budget can used to bring in price stability in the economy.

Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.

Explain any one objective of Government Budget.

A market for a good is in equilibrium. There is simultaneous "increase" both in demand and supply of the good. Explain its effect on the market price

Market for a good is in equilibrium. There is simultaneous "decrease" both in demand and supply of the good. Explain its effect on market price

Why do central problems of an economy arise?

Explain the role of government budget in bringing stability in the economy.

Explain how government budget can be used to influence the distribution of income?

Explain how government budget can be helpful in bringing economic stabilization in the economy.

A market for a good is in equilibrium. The demand for the good 'increases'. Explain the chain of effects of this change.

A market for a good is in equilibrium. The supply of good "decreases". Explain the chain of effects of this change

Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.