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Arts (English Medium) Class 12 - CBSE Question Bank Solutions for Economics

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Economics
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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? 

[3] Determination of Income and Employment
Chapter: [3] Determination of Income and Employment
Concept: undefined >> undefined

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.

[5] Balance of Payments
Chapter: [5] Balance of Payments
Concept: undefined >> undefined

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

[1] Development Experience (1947-90) and Economic Reforms since 1991
Chapter: [1] Development Experience (1947-90) and Economic Reforms since 1991
Concept: undefined >> undefined

Identify the incorrect statement from the following:

[3] Development Experience of India – a Comparison with Neighbours
Chapter: [3] Development Experience of India – a Comparison with Neighbours
Concept: undefined >> undefined

Explain the central problem of "choice of technique".

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

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

Good X (units) Good Y (units)
0 10
1 9
2 7
3 4
4 0

 

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What will be the impact of recently launched 'Clean India Mission' (Swachh Bharat Mission) on the Production Possibilities curve of the economy and why?

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What will likely be the impact of large-scale outflow of foreign capital on Production Possibilities curve of the economy and why?

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

Giving reason comment on the production possibilities curve based on the following schedule:

Good X (units) Good Y (units)
0 20
1 18
2 14
3 8
4 0
[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

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

Good X (units Good Y (units)
0 30
1 27
2 21
3 12
4 0

 

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What is likely to be the impact of "Make in India" appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

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

Good X (units) Good Y (units)
0 16
1 12
2 8
3 4
4 0
[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What will be the impact of "Education for All campaign" (Sarv Shiksha Abhiyan) on the Production Possibilities Curve of the Indian economy and why?

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What will likely be the impact of the large-scale inflow of foreign capital in India on Production Possibilities Curve and why?

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

Why is Production Possibilities Curve concave? Explain

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

Why is a production possibilities curve downward sloping? Explain

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

Explain the central problem of "What is produced and in what quantities.".

[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

In what circumstances may the production possibility frontier shift away from the origin? Explain.

 

 
[3] Production and Costs
Chapter: [3] Production and Costs
Concept: undefined >> undefined

What are the important features of a capitalist economy?

[1] National Income and Related Aggregates
Chapter: [1] National Income and Related Aggregates
Concept: undefined >> undefined

Describe the four major sectors in an economy according to the macroeconomic point of view.

[1] National Income and Related Aggregates
Chapter: [1] National Income and Related Aggregates
Concept: undefined >> undefined
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