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CBSE Class 12 Economics Term 2 Exam: Important Revision Questions

  INDIAN ECONOMICS Question 1. State the factors which created a conducive environment for new investments in Pakistan. Answer: Following factors created conducive environment for new investments in Pakistan: (i) Adoption of green revolution (ii) Shift of the orientation of nationalisation policy to denationalisation and encouragement to private sector (iii) Financial support from western nations (iv) Growing remittances from Pakistani workers in the Middle-east Question 2. State some long-term impacts of global warming. Answer: Some long-term impacts of global warming are: Melting of polar ice Rise in sea level Frequent coastal flooding and tropical storms Disruption of drinking water supplies Extinction of species Increased incidence of tropical diseases Question 3. State some long-term impacts of global warming. Answer: Some long-term impacts of global warming are: (i) Melting of polar ice (ii) Rise in sea level (iii) Frequent coastal flooding and tropical storms (iv) Disruption...

CBSE Class 12 Economics Exam 2022 (Term 2): Check Practice Questions By Experts For Last Minute Revision

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  Check CBSE Class 12 Economics Practice Questions below: 1. An economy is in equilibrium. Calculate investment expenditure from the following . National income = 800 Marginal propensity to save = 0.3 Autonomous consumption expenditure =100 2. Calculate Autonomous consumption expenditure from the following data about an economy which is in equilibrium: National income= 1,200. Marginal propensity to save= 0.20 . Investment expenditure= 100 3. What is 'deficient demand'? Explain the role of 'bank rate' in removing it. 4. Define the worker population ratio. 5. Unemployment and poverty are reflections of each other. Give reason. 6. "The gap between the growth of GDP and Employment is widening." State the trend which highlight this phenomenon. 7. "It is necessary to create employment in the formal sector rather than in the informal sector". Defend or refute the given statement with valid arguments. 8. The following table shows the distribution of workforc...

TERM 2 XII economics SQP

Q.NO QUESTIONS   MARKS   1. Give one example of ‘externality’ which (i)                  reduces welfare of the people.            (ii)       enhances welfare of the people 2 2. Giving reason, categorize the following into stock and flow: (i) Capital          (ii) Saving          (iii) Gross Domestic Product            (iv) Wealth 2 3. Define Aggregate Demand and Aggregate Supply. How would you show them in an equation? 2 4. What is deficient demand in an economy? What is its impact on output, employment and prices? 2 ...