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

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

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

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

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

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

Why is Production Possibilities Curve concave? Explain

Why is a production possibilities curve downward sloping? Explain

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

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

What are the important features of a capitalist economy?

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

Describe the Great Depression of 1929.

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

Why was public sector given a leading role in industrial development during the planning period?

Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.

Explain how import substitution can protect domestic industry.

Why and how was private sector regulated under the IPR 1956?

Bring out the differences between human capital and human development.

How is human development a broader term as compared to human capital?

What do you mean by agricultural marketing?