List of top Questions asked in CBSE CLASS XII

Distinguish between formal and informal sector with suitable examples.

State the meaning of ‘self-employed worker’ with suitable example.

Define worker population ratio with its significance.

“Information Technology plays a very significant role in achieving sustainable development and food security.” Justify the given statement with valid arguments.

“Some economists argue that once a technology proves to be profitable and becomes widely adopted, subsidies should be gradually withdrawn.”

Defend or refute the given statement with valid arguments.

“Traditional knowledge and practices are still applicable in ensuring sustainable development.”

Do you agree with the given statement ? Support your answer with valid reasons.

On the basis of the given data, comment on trends of output growth in different sectors (1980 – 2018), between India and Pakistan.

Describe the role of government in improving the efficiency of human capital formation in India.

Nations worldwide typically establish Regional and Global economic groups in order to _____________.

(Choose the correct option to fill in the blank)

Read the following statements carefully :

Statement I : Livestock provides alternative livelihood options to small and marginal farmers.

Statement II : In rural areas, animal husbandry provides stable employment opportunities throughout the year.

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

Read the following text carefully :

“Between 1966 – 67, Mao introduced this movement under which professionals and students were asked to work and learn from the countryside of China.”

Identify the correct option with reference to the aforesaid text.

Critically appraise the Industrial Licensing policy initiated by the government during the planning period of India.

Describe the role which India has played as an important member of World Trade Organisation (WTO).

Identify, which of the following is an income indicator.

(Choose the correct option)

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

Read them carefully and select the correct option :

Assertion (A) : The unemployment problem in India is multifaceted.

Reason (R) : Some individuals work round the year, while others work only a few months in a year.

Minimum Support Price is fixed by the Government to safeguard the interests of the __________.

(Choose the correct option to fill in the blank)

Read the following statements carefully :

Statement I : Inland waterways proved to be uneconomical as in the case of Coast Canal on the Orissa coast.

Statement II : British government followed an effective and efficient administrative set-up leaving a legacy of effective work culture.

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

The primary outcome of the efforts initiated by the Indian Government (Liberalisation and Privatisation) under the New Economic Policy of 1991 was __________.

(Choose the correct option to fill in the blank)

Arrange the following events of Pakistan in correct chronological order :

I. Nationalisation of capital goods industries

II. Establishment of Pakistan

III. Introduction of economic reforms

IV. Announcement of First Five Year Plan

(Choose the correct option)

Distinguish between Real Gross Domestic Product and Nominal Gross Domestic Product using a numerical example.

“The Reserve Bank of India (RBI) has decided to increase the loan amount to 90% of the security value, from the prior rate of 80%.”

In the light of above statement, identify the type of monetary measure exercised by the Reserve Bank of India (RBI) and its likely impacts on the Aggregate Demand of the economy.

Estimate the value of incremental investment if, equilibrium level of income increases by ₹ 50,000 crore and half of additional income is always saved in the economy.

Define the concept of ‘Externalities’.

Calculate the values of Operating Surplus and Gross Domestic Product at Market Price (GDP_MP) from the following data :

State the meaning and any two components of Gross Domestic Capital formation.