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

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Suppose C = 100 + 0.75Y D, I = 500, G = 750, taxes are 20 per cent of income, X = 150, M = 100 + 0.2Y. Calculate equilibrium income, the budget deficit or surplus and the trade deficit or surplus.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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What are the main problems of human capital formation in India?

[2] Current Challenges Facing Indian Economy
Chapter: [2] Current Challenges Facing Indian Economy
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Mention the various indicators of human development.

[3] Development Experience of India – a Comparison with Neighbours
Chapter: [3] Development Experience of India – a Comparison with Neighbours
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Define liberty indicator. 

[3] Development Experience of India – a Comparison with Neighbours
Chapter: [3] Development Experience of India – a Comparison with Neighbours
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Maternal mortality rate is high in ______.

[3] Development Experience of India – a Comparison with Neighbours
Chapter: [3] Development Experience of India – a Comparison with Neighbours
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Fill in the blank

Proportion of people below poverty line is more in __________.

[3] Development Experience of India – a Comparison with Neighbours
Chapter: [3] Development Experience of India – a Comparison with Neighbours
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Identify and discuss the nature of the following newspaper reports in terms of positive or normative economic analysis:
(i) "India jumped 23 points in the World Bank's ease of doing business index to 77th place, highest in 2 years." – The Economic Times
(ii) "Government should further liberalise the business rules." – The Economic Times

[1] Introduction
Chapter: [1] Introduction
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Answer the following question.
Define "Trade surplus". How is it different from "Current account surplus"?

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Answer the following question.
How are capital expenditure different from Revenue expenditure?  Discuss briefly.

[4] Government Budget and the Economy
Chapter: [4] Government Budget and the Economy
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Distinguish between positive economics and normative economics, with suitable examples.

[1] Introduction
Chapter: [1] Introduction
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Capital expenditure is that estimated expenditure of the government which?

[4] Government Budget and the Economy
Chapter: [4] Government Budget and the Economy
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Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely ______.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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BoP is measured as ______.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Which of the following items relate to BoP?

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Autonomous items are related to those transactions which ______.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Accommodating items are those items of Bop which ______.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Disequilibrium in balance of payments means ______.

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Which of the following had been responsible for the heavy burden of the deal and its interest?

[5] Balance of Payments
Chapter: [5] Balance of Payments
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Indian Council for Medical Research is responsible for the promotion of health and family welfare programmes.

[2] Current Challenges Facing Indian Economy
Chapter: [2] Current Challenges Facing Indian Economy
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The Government of India has decided to vaccinate the adult population of India (with Covaxin/Covishield), without any charge. This would be categorized as ____________.

[4] Government Budget and the Economy
Chapter: [4] Government Budget and the Economy
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