List of top Questions asked in CBSE CLASS XII

“India adopted an inward-looking trade strategy during the planning period.”

State any two reasons behind the adoption of this policy.

“India adopted an inward-looking trade strategy during the planning period.”

Briefly describe any two ways in which the government implemented this policy.

“The Government of India may further divest its stake in Life Insurance Corporation (LIC) in the current financial year.”

In the light of economic reforms since 1991, identify the policy and define the step taken by the government.

Explain ‘Expenditure on migration’ as a source of human capital formation.

“The economic reforms of 1991 adversely affected the Indian agriculture sector.”

Do you agree with the above statement ? Give valid reasons in support of your answer.

“The Industrial Policy Resolution (IPR), 1956 classified all the industries based on state ownership and control in various categories.”

Do you agree with the above statement ? Give valid reasons in support of your answer.

Define ‘Human Capital Formation’.

Rayansh works as a teacher in a school. He receives a fixed monthly salary, social security benefits, paid leave and medical allowances. His friend Mohan works at a small toy shop. He has very little income, he does not have access to provident fund, paid leave or health insurance.

Classify the types of sectors Rayansh and Mohan are working in and highlight the distinction between the two sectors.

“In 1958, China launched the Great Leap Forward (GLF) campaign with a definite aim.”

State the rationale behind the introduction of the Great Leap Forward (GLF) campaign.

On the basis of the given data, comment upon the annual growth of Gross Domestic Product (GDP) of India and China.

Study the following image carefully :

Interpret the given image and comment upon the phenomenon of environmental crisis as a result of changed production and consumption patterns.

“In 1958, China launched the Great Leap Forward (GLF) campaign with a definite aim.”

State any two failures of the Great Leap Forward (GLF) campaign.

Explain the Planning objective of “Growth with Equity”.

In 2009, the Government of India came up with the __________ to make free education, a fundamental right for all children in the age group of 6 – 14 years.

(Choose the correct option to fill in the blank)

Read the following statements : Assertion (A) and Reason (R). Choose the correct option from those given below :

Assertion (A) : India is a member of various regional and economic groupings such as BRICS, G20, etc.

Reason (R) : Membership of economic and regional groupings helps a nation to understand their strengths and weaknesses in comparison to other nations.

The export surplus during the colonial rule was used by the Britishers to __________ .

(i) Bring gold and silver to India

(ii) Incur expenses on war

(iii) Import invisible items

(Choose the correct option to fill in the blank)

__________ was set up by the Government of India in 1950 to formulate plans for the most effective and balanced utilisation of resources.

(Choose the correct option to fill in the blank)

In the rural areas, diversification towards new areas such as livestock, fisheries and other non-agricultural activities is necessary to __________ .

(i) Reduce the risk from agricultural sector

(ii) Provide unsustainable livelihood options

(iii) Provide supplementary employment

(Choose the correct option to fill in the blank)

Self-Help Groups (SHGs) have emerged to fill the gap in the formal credit system as they __________ .

(Choose the correct option to fill in the blank)

Identify, which of the following is not a strategy of sustainable development.

(Choose the correct option)

The following table shows the distribution of population and workers in a village :

The Worker – Population ratio for village would be __________ %.

(Choose the correct option to fill in the blank)

Working persons engaged in various industrial divisions can be classified into three major sectors — Primary sector, secondary sector and tertiary sector.

Identify, which of the following option demonstrates the primary sector.

Read the following statements carefully :

Statement I : The colonial government had dual objectives behind the systematic deindustrialization of India.

Statement II : The British reduced India to a mere importer of raw materials for the its modern industries.

In the light of the given statements, choose the correct option from the following :

Suppose, in an economy, every ₹ 1 increase in investment expenditure leads to an increase of ₹ 4 in the National Income.

Calculate the following :

“Sum of Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS) is always equal to one.”

Justify the given statement with the help of a suitable argument.

Suppose, in an economy, every ₹ 1 increase in investment expenditure leads to an increase of ₹ 4 in the National Income.

Calculate the following :

Value of Investment Multiplier (K).