List of top Economics Questions asked in CBSE Class Twelve Board Exam

Discuss briefly the role of small scale industries in generating employment and equity in India under the planning period.
”Farm subsidies put a huge burden on the government finances, but are necessary for poor and marginal farmers.”
Justify the given statement with valid explanation.
"Globalisation has been a process for India with only positive results."
Defend or refute the given statement with valid explanation.
"It is necessary to generate more employment in the formal sector rather than in the informal sector."
Justify the given statement with valid arguments.
”The goal of equity was served by ’Abolition of Intermediaries’ in agriculture in the post-independence period.”
Do you agree with the given statement? Support your answer with valid explanation.
On the basis of the given image, explain the source of human capital formation which may contribute to the economic growth in India.
source of human capital formation
Evaluate any two factors that led to the rapid growth in economic development in China.
Explain the importance of credit availability in rural development.
”The real motive behind infrastructural development under the British rule was not to provide basic amenities to the people of India but to subserve various colonial interests.”
Do you agree with the given statement? Give valid reasons in support of your answer.
"IT can play a critical role in achieving sustainable development and food security in the 21st century in the country."
Justify the given statement with valid arguments.
"During the British rule, the contribution of the industrial sector to the Gross Domestic Product (GDP) remained very low."
Justify the given statement with valid arguments in support of your answer.
Explain ‘Investment in Education’ as a source of human capital formation.
White Revolution is associated with ............
................ indicator may be defined as the measure of the extent of demographic participation in social and political decision-making.
Study the following image and identify the measure adopted by the Government to improve agricultural marketing.
measure adopted by the Government to improve agricultural marketing.
Based on the image, the measure adopted is a regulated market system where agricultural produce is bought and sold in a regulated environment to ensure fair prices and reduce exploitation.
Read the following statements carefully:
Statement 1: Employment is an activity which enables a person to earn means of livelihood for his/her family.
Statement 2: A worker is one who contributes to the process of Gross Domestic Product (GDP) by rendering his productive services.
Identify, which of the following correctly defines liberalization.
In China, under ............, peasants were provided with pooled land to create larger fields that could yield greater output and they shared farm implements.
Which of the following country/countries followed the Five Year Planning structure of economic development?
(i) India (ii) China (iii) Pakistan (iv) USA
Mao initiated the 'Great Leap Forward' movement in the year .................
Distinguish between Real Gross Domestic Product (GDP) and Nominal Gross Domestic Product.
As per a news dated April 11, 2023:
“Electric Vehicle sales crossed one million mark in FY 2023.”
Analyse its impact on Gross Domestic Product (GDP) and economic welfare.
“Electric Vehicle sales crossed one million mark in FY 2023.”
"The Indian Government adopted a policy of fixing maximum land holding limit (ownership) for an individual."
It is commonly known as .............
Read the following statements – Assertion (A) and Reason (R) carefully. Choose the correct alternative from those given below:
Assertion (A): The year 1921 is called the Year of Great Divide.
Reason (R): After the year 1921, India experienced a sharp rise in its population growth rate.
Explain the likely impact of construction of 2000 new schools providing high-quality education in a nation on Gross Domestic Product and welfare in an economy.