List of top Economics Questions asked in CBSE CLASS XII

Which of the following is NOT a function of the Central Bank?

Purchase of a car by a household is an example of:

Supply of money refers to:

Assertion : \(APC\) can be greater than 1.
Reason (R): At very low levels of income, consumption can exceed income.

If \(MPC = 0.5\), what will be the value of the Investment Multiplier (\(K\))?

"The strategic sale of a public sector undertaking and the minority sale of its equity are both established instruments of disinvestment." Defend or refute, the given statement with valid arguments.

(ii) Mr. Ravi, an IT entrepreneur from Bengaluru, observed that several MNCs prefer India as their outsourcing hub for services like software development, customer support, data management etc. His friend Priya believes this is due to certain inherent advantages of the Indian economy. In your opinion, state and explain any two factors that make India a preferred outsourcing destination.

(i) Discuss any two objectives which were aimed at, by the introduction of Financial sector reforms by the Government of India during economic reforms of 1991.

"The British sought to achieve their vested interest through their policies of infrastructural development in India." Do you agree with the given statement? Justify your answer with valid explanation.

State and explain any two features which were observed in the demographic profile of India during the British rule.

In the light of the given chart, analyse the gender-wise sectoral distribution of workers.

State the meaning of 'Disguised Unemployment'.

"At the time of independence, both India and Pakistan inherited similar colonial economic structures. Both the nations adopted many similar economic planning strategies."
Explain any two such similarities in the developmental path of India and Pakistan.

"In the late 1970’s China’s population growth rate has sharply declined as compared to India."
Elucidate the reasons and impacts of this situation.

"Employment within the formal sector ensures better income and social benefits as against the informal sector." Defend or refute the above statement with valid reasons and examples.

During the 'Mann ki Baat' program aired on 29th June, 2025, the Prime Minister shared that World Health Organisation (WHO) has declared India as a Trachoma free (an eye disease). This achievement, he shared, is a result of sustained efforts in health care, sanitation, awareness and medical access. In light of the above statement, explain how investments in health care contribute to a nation's development. Support your answer with valid arguments.

"Sustainable development refers to the development that meets the need of the present generation without compromising the ability of the future generations, to meet their own needs."
The above mentioned definition has been given by ________.

Read the following statements: Assertion and Reason (R). Choose the correct option from those given below:
Assertion : Education facilitates the assimilation of knowledge and competencies. It also fosters inventive capacities and enhances the aptitude to integrate advance technology.
Reason (R): Education plays a pivotal role in transforming cognitive perspectives and serves as a catalyst for the economic advancement of a nation.

Arrange the following events in China’s economic development history in correct chronological sequence and select the correct option:
I. Great Proletarian Cultural Revolution.
II. Great Leap Forward.
III. Introduction of Economic Reforms.
IV. Launch of the First Five Year Plan.

Read the following statements: Assertion and Reason (R). Choose the correct option from those given below:
Assertion : The Government of India adopted the measure of regulation of markets to improve marketing conditions for agricultural products.
Reason (R): Regulation of market ensured transparent pricing, fair trade practices, and protection for farmers against exploitation in agricultural marketing.

Match the terms given in Column-I with their respective meaning in Column-II. Select the correct option:

Identify, which of the following, highlights a highly relevant issue associated with evolving employment trends in India’s labour market?

Read the following statements: Assertion and Reason (R), Choose the correct option from those given below:
Assertion : The notion of rural development encompasses a far wider spectrum than agricultural advancement.
Reason (R): Government interventions in the agricultural sector remain imperative; as it constitutes the primary means of sustenance for the rural population.

Read the following text carefully:
"In the recent times, the Government of India, has introduced several measures to encourage greater public participation in the capital market, including both primary and secondary stock markets."
Under which sector have the above mentioned reforms been introduced?