List of top Questions asked in CBSE CLASS XII

"Micro credit programmes have been very helpful in supporting rural development and improving livelihoods in India." Do you agree with the given statement? Give valid reasons in support of your answer.

On the basis of the given data, compare and analyse the distribution of workforce and its contribution to Gross Value added in India and China.

As per a news report dated 8th Oct. 2021, the Government of India sold its entire 100% stake in Air India. Tata Sons, the original founder of Air India, won the bid and purchased the airline for 18,000 crore.
(1) Identify the step taken by the Government of India.
(2) State any two ways in which the identified step can be executed by the government.
(b)(i) "After 1991, reforms in the external sector led to an increase in foreign exchange inflows". Justify the given statement with a valid argument.

Read the following text carefully:
Climate change and sustainability of environment are two pressing issues that have captured global attention. In recent years, the world has witnessed a surge in extreme weather events including severe droughts, cloud bursts, floods, land slides, receding coastlines and the alarming melting of arctic ice and Himalayan Glaciers. Wildfires have become more frequent and intense. In this context, sustainable agriculture emerges as a crucial solution. This refers to those farming practices that meet today's requirements while preserving resources for the future generation. This means adopting methods that protect the environment, reduce dependence on chemical inputs, efficiently using water and land and ensuring socio-economic equity for farmers. On one hand sustainable agricultural practices are necessary, on the other, they are often more expensive to implement compared to conventional methods. Sustainable practices like organic farming, climate-smart technologies, modern irrigation systems may seem costly upfront, but they offer long-term benefits by improving productivity, and environmental stewardship. Without accessible and affordable financing options, the much needed shift to sustainable farming practices will remain a distant dream for many. Therefore, sustainable finance should not only promote eco-friendly practices but also ensure that financial resources are available to the farmers who need it.
Source: url{https://website.vbi.org.in/web/rbi/-/speeches- interview/financing-for-sustainable-agriculture (adopted and modified)
On the basis of the given text and common understanding, answer the following questions:

  • (a) Define Sustainable Agriculture.
  • (b) "Sustainable Agriculture practices, like organic farming may seem costly initially, but offer long term benefits." Discuss the long term benefits these practices can offer.
  • (c) State any two strategies to promote sustainable development in a developing country like India.

The given chart indicates the problem of ____ in the Indian Economy, post 1990-92. (Choose the correct option to fill up the blank)

The situation under which an economy attains economic growth without corresponding rise in employment is known as ____. (Fill up the blank with correct option)
Read the following statements carefully:
Statement 1: Environmental concerns of waste generation and pollution have become critical, due to reversal of demand and supply relationship.
Statement 2: Environmental crisis happens when the rate of resource extraction is less than that of regeneration of resources.
In the light of the given statements, choose the correct option from the following:
State any two liberty indicators.
Medhya and Danish both had their own farms. Medhya invested in a few agricultural courses, learnt modern farming techniques, and trained her labourers on best practices related to soil fertility, crop management, pest control, etc. Whereas, Danish invested heavily in purchasing advanced farming machinery, irrigation systems, and high-quality seeds. Do you agree that Danish had made investment in human capital? Give valid reason in support of your answer.
"Expenditure on preventive medicine, curative medicine and social medicine helps in building human capital and economic development." Do you agree with the given statement? Give valid arguments in support of your answer.
Identify, the options that emphasize the role of information and technology.
(i) Achieving sustainable development
(ii) Attainment of food security
(iii) Disseminates information regarding emerging technologies.
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below:
Assertion (A): Under the land reforms, Indian government fixed the minimum land size which could be owned by an individual.
Reason (R): The purpose of land ceiling was to avoid the concentration of land ownership in a few hands.
____ are the people who operate their own farms / enterprises. (Choose the correct option to fill up the blank)
Agricultural marketing is a process that involves the ____ of agricultural commodities. (Choose the correct option to fill up the blank)
____ is based on the idea that education and health are integral to human well-being. (Choose the correct option to fill up the blank)
In recent years, all the adults are encouraged to open bank accounts as part of a scheme known as ____. (Choose the correct option to fill up the blank)
Differentiate between Real flow and Money flow.
Gauhar has recently completed her fashion designing studies and started a boutique. To produce dresses for sale, she purchased various materials, including a sewing machine, fabric, buttons, and thread. These items are essential for producing the dresses. Classify the material purchased by Gauhar as Final or Intermediate goods, giving valid reasons in support of the classifications.
"National Income is always equal to Domestic income in a two-sector economy." Defend or refute the given statement with valid reasons.
Read the following text carefully:
Balance of Payments (BoP) systematically summarises the economic transactions of an economy with the rest of the world, over a given period of time. The BoP can be broadly divided into two accounts namely:
  • Current account
  • Capital account
The current account measures the transfer of goods, services, income and transfers between an economy and the rest of the world. The current account may be sub-divided into merchandise account and invisible account. Merchandise account consists of transactions related to export and import of goods. In the invisible account, there are three broad categories:
  • Non-factor services such as travel, transportation, insurance etc.
  • Transfer which do not involve any value in exchange.
  • Income which includes compensation of employees and investment income.
The capital account reflects the net changes in financial claims on rest of the world. The capital account can be broadly broken up into two categories:
  • Non-debt flows such as direct and portfolio investments.
  • Debt flows such as external assistance, commercial borrowings, non-resident deposits etc.
The sum of the two accounts indicates the overall balance, which could be either in surplus or deficit. The movement in overall balance is reflected in changes in international reserves of the country. Source: \url{https://mopsi.gov.in/109-balance-payments} (adopted and modified) % Question subparts On the basis of the given text and common understanding, answer the following questions:
  • (a) Define Balance of Payments.
  • (b) Differentiate between the two accounts of Balance of Payments.
  • (c) Give the meaning of Balance of Payments deficit with formula.
____ of agriculture refers to production of crops for sale in the open market rather than for self consumption purpose.
Read the following statements carefully: Statement 1: In 1978, commune lands were divided into small plots to the individual households for cultivation. Statement 2: Under commune system, professionals were sent to work and learn from the countryside. In the light of the given statements, choose the correct option from the following:
Two friends Ramesh (a software engineer) and Pihu (a bakery owner) are discussing their contribution to the nation's economy through tax payments. Ramesh earns 8,00,000 per year, which makes him liable to pay income tax. Pihu pays Goods and Service Tax (GST) on the sale of cakes and pastries. On the basis of the given text, identify whether Ramesh is paying a direct tax or an indirect tax. Explain valid differences between the two types of taxes.
"Define 'Open Market Operations'."