Arts (English Medium) इयत्ता १२ - CBSE Question Bank Solutions for Economics

“During the colonial period, a number of socio-economic indicators were in a dilapidated state.”

List any three such indicators that led to the worsening of India’s demographic profile.

“In the late 1970s, China introduced the One-child policy that led to arrest in the population coupled with skewed sex ratio.”

Justify the given statement with valid arguments in support of your answer.

State and elaborate whether the following statement is true or false, with valid arguments:

Agricultural marketing is a process that ensures the transportation of various agricultural commodities only.

“Green revolution transformed India from a subsistent food grain economy to a food surplus economy.”

Justify the statement, giving reasons in support of your answer.

“In India, after 1947 land reforms were introduced on a large scale.”

In the light of the given statement, discuss any one such land reform.

Define Worker Population Ratio. Discuss its usefulness.

“The debate over farm subsidies in India is enraged at different platforms.”

Discuss any two arguments in favour of continuing farm subsidies. 

‘Money is an asset which can be stored for use in future.

In the light of given statement, identify the function of money.

If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ₹ 30 crore, the relevant consumption function would be ______.

In an economy, the value of Marginal Propensity to Save (MPS) is 0.25, what will be the value of increase in income, if investments increased by ₹ 200 crores? 

Giving valid reason, state whether the following statement is true or false: 

Dividend received from investment abroad is recorded on the credit side of the capital account.

During the British rule in India, Indian agricultural output witnessed stagnation due to ______.

In the first phase of Green Revolution, output was restricted mainly to ______. 

Identify the incorrect statement from the following:

Identify, which of the following is the correct formula for calculating ‘Worker-Population Ratio’? 

'Agriculture sector has been adversely affected by the Economic reform process.’ Comment. 

Find net value added at factor cost:

                                                                                        (Rs lakh)

(i) Durable use producer goods with a life span of 10 years       10

(ii) Single use producer goods                                                  5

iii) Sale                                                                                 20

(iv) Unsold output produced during the year                              2

(v) Taxes on production                                                           1

Explain the central problem of "choice of technique".

Explain the precautions that are taken while estimating additional income by the value-added method.

Giving reason comment on the shape of Production Possibilities curve based on the following schedule :