List of top Questions asked in CBSE CLASS XII

Modernization is an important economic planning objective that focuses on ................ (Choose the correct option to fill in the blank) (i) Adoption of innovative technology
(ii) Bringing positive change in social outlook
(iii) Equal distribution of income and wealth
(iv) Abolition of intermediaries

Recently, India hosted and chaired the summit of ............ one of the regional and economic groupings. (Choose the correct option to fill in the blank)

Under ............ unemployment the marginal productivity of a worker is equal to zero. (Choose the correct option to fill in the blank)

............ is one of the demographic indicators in which Pakistan is ahead of India and China. (Choose the correct option to fill in the blank)

“In a two-sector economy, consumption expenditure by households is always equal to aggregate expenditure on goods and services produced by the firms.”
Do you agree with the given statement? Support your answer with valid explanation.

Identify, which of the following is not a feature of physical capital. (Choose the correct option)
(i) Tangibility
(ii) Tradability
(iii) Immobility

Prime beneficiary of the Minimum Support Price (MSP) fixed by the government is ................ (Choose the correct option to fill in the blank)

“In an economy, ex-ante investment (I) exceeds ex-ante savings (S).”
Explain the likely impact of the given situation on output, employment and income.

“Margin requirements are extremely helpful in correcting the situation of deflationary gap in an economy.”
Justify the given statement with valid arguments.

“Domestic income is always less than national income.”
Do you agree with the given statement? Support your answer with valid arguments.

Read the following statements carefully:
Statement 1: Open Market Operations refers to purchase/sale of Government Securities (G-Sec) by the Central Bank.
Statement 2: To decrease money supply, Central Bank will sell the Government Securities to commercial banks.

Aggregate expenditure in the economy during an accounting year is also known as ................
(Choose the correct option to fill in the blank)

The 45° line in Keynesian economics indicates .............
(Choose the correct option to fill in the blank)

Fill in the blank:
............... releases data of money supply in India. (Choose the correct option to fill in the blank)

Commercial banks are regarded as money creators because: (Choose the correct option)

Suppose, the consumption function is given as:
\[ C = 205 + 0.9Y \quad \text{(where C = Total Consumption and Y = National Income)} \]
The value of Investment Multiplier (K) would be ................
(Choose the correct option to fill in the blank)

Marginal Propensity to Consume (MPC) exhibits the slope of ............ function.
(Choose the correct option to fill in the blank)

Which one of the following is correct about growth and development?

The element of dilemma, between humanity and patriotism, elevates the character of Dr. Sadao in ‘The Enemy’. Support your answer with evidence from the text.