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.
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.
Show Hint
- Statement 1 is true and Statement 2 is false.
- Statement 1 is false and Statement 2 is true.
- Both Statements 1 and 2 are true.
- Both Statements 1 and 2 are false.
The Correct Option is A
Solution and Explanation
Statement 1: This is true as India, Pakistan, and China share similar geographical features, such as fertile plains and river systems, but their political systems differ significantly.
Statement 2: This is false because: India initially emphasized a mixed economy with a significant public sector. Pakistan also prioritized state-led initiatives rather than focusing on creating a large private sector.
Top Questions on Debts
- The rate of interest payable on debenture is _____.
After the implementation of economic reforms, Pakistan experienced slowdown of growth due to various reasons including _______ .
(Choose the correct alternative to fill in the blank):
(i) Volatile performance of the agriculture sector
(ii) Over-dependence on remittances from abroad
(iii) Political instability- "Depreciation of currency may promote exports of a nation."
Defend or refute the given statement with valid arguments. - Complete the following table. Construct/Express the Consumption function at ₹ 200 crore level of income. \[ \begin{array}{|c|c|c|c|} \hline \textbf{Income (Y)} & \textbf{Savings (S)} & \textbf{Average Propensity to Consume (APC)} & \textbf{Marginal Propensity to Save (MPS)} \\ \hline 0 & -30 & 1 & 0.2 \\ 100 & 20 & 0.85 & 0.2 \\ 200 & 70 & 0.85 & 0.2 \\ 300 & 120 & 0.8 & 0.2 \\ \hline \end{array} \]
Read the following text carefully from ‘The Economic Times’ dated 8th June, 2023: “The Reserve Bank of India’s (RBI’s) rate-setting panel unanimously decided to keep the benchmark lending rate unchanged at 6.5%. The committee voted to remain focused on the withdrawal of accommodating monetary policy.” On the basis of the given text and common understanding, answer the following questions: Identify and discuss the economic issue indicated in the above text.
Questions Asked in CBSE CLASS XII exam
How do the peddler from ‘The Rattrap’ and ‘the office boy’ from ‘Poets and Pancakes’ compare in terms of their frustration, status, and grudges against others?
- What valid reason does Rudyard Kipling have to call an interview immoral? (The Interview)
- Four resistors, each of resistance R and a key K are connected as shown in the figure. The equivalent resistance between points A and B when key K is open will be:
- CBSE CLASS XII - 2025
- Electrical Circuits
- Determine the values of $x$ for which the function $f(x) = \frac{x-4}{x+1}$ is an increasing or a decreasing function.
- CBSE CLASS XII - 2025
- Application of derivatives
- If \(A\) is an identity matrix of order \(n\), then \(A (\text{Adj } A)\) is a/an: