List of top Questions asked in CBSE CLASS XII

"Indian economy has hugely benefited by the disinvestment policy adopted by the Government of India in the post-1991 period." Defend or refute the given statement with valid arguments.

Read the following statements carefully:
Statement 1: The British policies were accountable for the commercialization of Indian agriculture.
Statement 2: In the larger interest of Indians, the British rulers focused on the infrastructural growth of India.

Discuss the likely impact of the construction of 20 new hospitals in a country on the Gross Domestic Product (GDP) and Welfare in the economy.

Distinguish between Tariffs and Quotas.

Discuss briefly the foreign exchange reforms undertaken by the Government of India in the post 1991 period.

“Indian economy has greatly benefitted by the process of globalisation.”
Justify the given statement with valid arguments.

Organic farming offers a means to substitute costlier agricultural inputs with locally produced organic inputs.

Elaborate the reasons responsible for emergence of poverty in Pakistan.

``Disposition phase of circular flow of income involves flow of factor income from firms to households.''
Justify the statement giving valid reason.

Assuming the following for a hypothetical economy, estimate the Break-even level of Income and Equilibrium level of Income:
[(i)] Autonomous Consumption Expenditure ($\bar{C}$) = ₹ 50 crore
[(ii)] Marginal Propensity to Save (MPS) = 0.2
[(iii)] Autonomous Investments ($I_0$) = ₹ 100 crore

Elaborate the meaning of disguised unemployment with the help of a suitable example.

Distinguish between stabilising measures and structural measures, as taken up by the Government of India in 1991.

“Import substitution policy, if not applied carefully, can prove to be a double-edged sword for any economy.” Do you agree with the given statement? Justify your answer with valid arguments.

Distinguish between Multilateral Trade and Bilateral Trade.

Discuss briefly, causes and consequences of tax reforms taken by the Indian Government during economic reforms.

Informalisation of workforce in India has increased various concerns on the front of employment generation among the youth of the country. State and elaborate whether the statement is true/false with valid arguments.

In the Indian rural landscape, agricultural diversification has emerged as a solution for a lot of farmers’ problems. State and elaborate whether the statement is true/false with valid arguments.

State the meaning of sustainable development.

Critically appraise the micro-credit programmes in rural India.

Distinguish between human capital and physical capital.

Appraise the Navratna policy adopted by the Government of India in the reforms of 1991.

Elaborate the economic reforms in agriculture sector undertaken by China.

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative from the options given below:
Assertion (A): Excessive regulation of permit license raj prevented certain private firms from becoming more efficient.
Reason (R): Private sector wasted a significant time in obtaining licenses rather than enhancing product quality and international competitiveness.