Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Show Hint
Solution and Explanation
Assertion (A): Jobless growth has been a concern in India, where GDP grows without a corresponding increase in employment.
Reason (R): Jobless growth occurs when advancements in technology and productivity allow more output without employing additional labor. Conclusion: Both Assertion (A) and Reason (R) are true, but the Reason does not directly explain the Assertion.
Top Questions on Indian Economy
_______ 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
- Economics
- Indian Economy
- “The participation rate of people in economic activities in rural areas is more than that in urban areas.”
Justify the given statement.- CBSE CLASS XII - 2024
- Economics
- Indian Economy
- “The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in the rural areas.”
Do you agree with the given statement? Give any two valid reasons in support of your answer.- CBSE CLASS XII - 2024
- Economics
- Indian Economy
- Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.- CBSE CLASS XII - 2024
- Economics
- Indian Economy
- Identify the {incorrect statement with reference to Cash Reserve Ratio (CRR):}
- CBSE CLASS XII - 2024
- Economics
- Indian Economy
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
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
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