Commerce (English Medium) कक्षा १२ - CBSE Question Bank Solutions for Economics

Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?

Objectives of privatization policy are ______.

When we add Net factor income from abroad to GDP, we get:

What percent of urban workers are casual labourers?

Which of the following is a primary sector activity?

What proportion of the urban workforce is engaged in the secondary sector?

Name any one Maharatana company.

“In the post-reform period, the Government of India decided to retain profit-making Public Sector Undertakings (PSUs). It provided a special status to PSUs to enable them to expand in the global market.”

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

‘Mr. Rishi, after completing his education, has joined his family business but his marginal productivity is zero.'

Comment upon the employment status of Mr. Rishi. Give valid reasons in support of your answer. 

State the meaning of 'Privatisation'.

Non-farm enterprises include:

The service sector includes activities such as:

What was the average rate of growth of employment during 1950-2010?

Compare and analyse the sector-wise trends in employment, based on following information:

Trends in Employment (Sector-wise)

Ram is an owner of a salon. He is temporaily absent from work due to injury.

Can he be considered as worker? Explain.

“In the late 1990's India experienced a widening gap between the growth of GDP and employment generation”. Discuss. 

Define externalities. Give an example of negative externality. What is its impact on welfare?

Sale of petrol and diesel cars is rising particularly in big cities. Analyse its impact on gross domestic product and welfare.

Government spends on child immunization programme. Analyse its impact on Gross Domestic Product and welfare of the people.

If the Real GDP is Rs400 and Nominal GDP is Rs450, calculate the Price Index (base = 100).