(a) State any two advantages of the micro-credit system of financing in rural areas of India.
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Solution and Explanation
Top Questions on Money and Inflation
During the British rule, India’s foreign trade had various features except ________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Economics
- Money and Inflation
The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where _______.
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade, and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.- CBSE CLASS XII - 2024
- Economics
- Money and Inflation
- Differentiate between public provision and public production.
- CBSE CLASS XII - 2024
- Economics
- Money and Inflation
- For a hypothetical economy, assume the government increased an infrastructural investment by Rs. 20,000 crore. 80% of additional income is consumed in the economy. Estimate the increase in income and the corresponding increase in consumption expenditure in the economy.
Increase in Income: Rs. 1,00,000 crore
Increase in Consumption Expenditure: Rs. 80,000 crore- CBSE CLASS XII - 2024
- Economics
- Money and Inflation
- Reserve Bank of India undertakes the important function of managing the government’s banking transactions.
Discuss the above-stated function performed by the Reserve Bank of India.- CBSE CLASS XII - 2024
- Economics
- Money and Inflation
Questions Asked in CBSE CLASS XII exam
China was able to control its rapid population growth rate owing to __________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Economic History
Modernization is an important economic planning objective that focuses on ___________.
(Choose the correct alternative to fill in the blank):
[(i)] Adoption of innovative technology
[(ii)] Equal distribution of income and wealth
[(iii)] Bringing positive changes in the social outlook- CBSE CLASS XII - 2024
- India and China
_______ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Indian Economy
Read the following text carefully: Decisions taken by factors of production in the production process often may affect the stakeholders indirectly. Such impacts at times are huge but are not accounted for, while estimating national income. Economists call them as externalities and they can be positive or negative.} {In this regard, many economists suggest carbon pricing as an important tool to ensure ecological balance. Carbon pricing tries to control greenhouse gas emissions by either placing a fee on emitting or offering subsidies on lesser emission. Through instruments like carbon tax, green cess, eco tax, etc. economists suggest moving towards greener technology eliminating such negative externalities.On the basis of the given text and common understanding, answer the following questions:
(i) Define externalities.- CBSE CLASS XII - 2024
- Production Theory
- \[ \begin{array}{|c|l|r|} \hline \textbf{S.No.} & \textbf{Items} & \textbf{Amount (in \( \text{Rs.} \) Crore)} \\ \hline (i) & \text{Tax Receipts} & 1,200 \\ \hline (ii) & \text{Revenue Expenditure} & 3,700 \\ \hline (iii) & \text{Non-Tax Receipts} & 2,000 \\ \hline (iv) & \text{Recovery of Loans} & 145 \\ \hline (v) & \text{Capital Expenditure} & 500 \\ \hline (vi) & \text{Disinvestment} & 120 \\ \hline (vii) & \text{Interest Payments} & 1,070 \\ \hline \end{array} \]
- CBSE CLASS XII - 2024
- Cost Function and Marginal Cost