Discuss any two benefits accruing from human capital formation.
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Solution and Explanation
Top Questions on Economic History
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
- Economics
- Economic History
- Define disguised unemployment. State its implications on output and employment in a country.
- CBSE CLASS XII - 2024
- Economics
- Economic History
- On the basis of the data given below, discuss the shift in output and employment sector-wise, in India and China: \begin{center} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Sector & \multicolumn{3}{c|}{Contribution to GVA (\%)} & \multicolumn{3}{c|}{Distribution of Workforce (\%)}
\hline & India & China & Pakistan & India & China & Pakistan
\hline Agriculture & 16 & 7 & 24 & 43 & 26 & 41
\hline Industry & 30 & 41 & 19 & 25 & 28 & 22
\hline Services & 54 & 52 & 57 & 32 & 46 & 35
\hline \end{tabular} \end{center}- CBSE CLASS XII - 2024
- Economics
- Economic History
- “Recently, the Government of India launched Jan-Dhan Yojana.”
In the light of the given statement, discuss briefly the objectives of this scheme.- CBSE CLASS XII - 2024
- Economics
- Economic History
- Read the following statements carefully: Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.- CBSE CLASS XII - 2024
- Economics
- Economic History
Questions Asked in CBSE CLASS XII exam
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
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
- 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
- Money and Inflation
_______ 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