List of top Economics Questions on Economic History asked in CBSE CLASS XII

The Government of India, in the initial years of economic development, emphasized on a greater role of the public sector in the industrial development.” Justify the statement, giving reasons in support of your answer.
Elaborate the need to promote women’s education in India.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.

Interpret the given picture and explain any one strategy to control it from becoming an ecological disaster. 
 

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):

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

Modernization is an important economic planning objective that focuses on _______ . 
(i) Adoption of innovative technology
(ii) Equal distribution of income and wealth 
(iii) Bringing positive changes in the social outlook 

Discuss the impacts of Special Economic Zones (SEZs) on the economic growth of China.
State any two advantages of micro-credit system in rural areas of India.

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below: 
Assertion (A): The excessive regulation of permit license raj prevented certain private firms from becoming fairly competitive. 
Reason (R): Private sector wasted huge amounts in obtaining licenses rather than on improving the product quality and international competitiveness. 
 

Economic reforms were introduced in India and Pakistan in the years _________ and _______ , respectively. 
(Choose the correct alternative to fill in the blanks)

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below: 
Assertion (A): World Trade Organization (WTO) is expected to establish the rule-based trading regime, to avoid unilaterally placed arbitrary restrictions by member nations. 
Reason (R): It is imperative to enlarge world production and ensure optimum utilization of world resources along with environmental protection.

(b) Explain any two functions performed by the Central Pollution Control Board (CPCB).
(a)(ii) Clarify how the Green Revolution enabled the government to procure sufficient food grains to build stocks to be used during times of food shortages.
(b)(i) Elaborate the need to promote women’s education in India.
(b) Discuss the impacts of Special Economic Zones (SEZs) on the economic growth of China.
“In India, National Education Policy 2020 has stressed a lot on in-service training of the teachers.”
(a) Identify the source of Human Capital Formation (HCF) indicated in the aforesaid statement.

Identify which of the following is not a member nation of G20:
 

Identify from the following options the \textit{incorrect objectives of regulated agriculture market:}
(i) To make the marketing system efficient and effective for farmers to get the best price for their products.
(ii) To discourage improvement of marketing infrastructure for farmers.
(iii) To prevent exploitation of farmers.
(iv) To discourage farmers from improving quality and quantity of their produce.