Understudies can discover the chapter astute vital questions for course 12th Economics within the table underneath. These imperative questions incorporate questions that are regularly inquired in a long time. Moreover, arrangements are to give for these questions, with extraordinary accentuation on ease-of-study. Tap on the joins underneath to begin investigating.
Below we posted all the Case Study Questions & Answers for Class 12 Economics all Chapters –
CBSE Class 12 Case Study Question for Economics
Case Study 01:
(12)
(a) From the following data calculate the value of Domestic Income:
S.No. | ITEMS | Amount
(in ₹Crores) |
(i) | Compensation of Employees | 2,000 |
(ii) | Rent and Interest | 800 |
(iii) | Indirect Taxes | 120 |
(iv) | Corporate Tax | 460 |
(v) | Consumption of Fixed Capital | 100 |
(vi) | Subsidies | 20 |
(vii) | Dividend | 940 |
(viii) | Undistributed Profits | 300 |
(ix) | Net Factor Income from Abroad | 150 |
(x) | Mixed Income of Self Employed | 200 |
Ans:- Domestic Income (NDP@fc)
=(i)+(ii)+(iv)+(vii)+(viii)+(x)
=₹2000+₹800+₹460+₹940+₹300+₹200
=₹4,700 crore
(b) Distinguish between ‘Value of Output’ and ‘Value Added’.
Ans: Value of output is the estimated money value of all the goods and services, inclusive of change in stock and production for self-consumption. Whereas,
Value added is the excess of value of output over the value of intermediate consumption.
Or
(a) Given the following data, find Net Value Added at Factor Cost by Sambhav (a farmer) producing Wheat:
Items | (₹ in crore) | |
(i) | Sale of Wheat by the farmer in the local market | 6800 |
(ii) | Purchase of Tractor | 5000 |
(iii) | Procurement of Wheat by the Government from the farmer | 200 |
(iv) | Consumption of Wheat by the farming during the Year | 50 |
(v) | Expenditure on the maintenance of existing capital stock | 100 |
(vi) | Subsidy | 20 |
Ans: Net Value Added at Factor Cost (NVA @ FC)
=(i)+(iii)+(iv)+(vi)-(v)
=₹6800+₹200+₹50+₹20-₹100
=₹6,970crore
(b) State any two components of ‘Net Factor Income from Abroad’.
Ans: Component of net factor income from abroad are:
(i) Net compensation of employees
(ii) Net income from property and entrepreneurship
(iii) Net retained earnings of resident companies abroad
(13)
(a) ‘Pesticides are chemical compounds designed to kill pests. Many pesticides can also pose health risks to people even if exposed to nominal quantities. ‘In the light of the above statement, suggest any two traditional methods for replacement of the chemical pesticides.
Ans: The traditional practices can help in controlling contamination without the use of chemical fertilizers, as follows:
(i) Neem trees and its by products are a natural pest-controller, which has been used since ages in India. Recently, the government promoted the sale Neem coated urea as a measure of natural pest control.
(ii) Large variety of birds should be allowed to dwell around the agricultural areas, they can clear large varieties of pests including insects
(b) ‘In recent times the Indian Economy has experienced the problem of Casualisation of the workforce. This problem has only been aggravated by the outbreak of COVID-19.’ Do you agree with the given statement? Discuss any two disadvantages of casualisation of the workforce in the light of the above statement.
Ans:- The given statement is quite appropriate with reference to the ‘casualisation of labour’ in India.
(i) For casual workers, the rights of the labour are not properly protected by labour laws. Particularly, during pandemic times, as demand for goods and services fell the casual workers were left jobless, without any compensation or support.
(ii) During the COVID-19 lockdown millions of casual workers lost their jobs, raising the question of their survival. Also, additional health expenditure added to their troubles.
Chapter No |
Introductory Macroeconomics |
Chapter 1 | Introduction
National Income and Related Aggregates |
Chapter 2 | National Income Accounting |
Chapter 3 | Money and Banking |
Chapter 4 | Determination of Income and Employment |
Chapter 5 | Government Budget and the Economy |
Chapter 6 | Open Economy Macroeconomics |
Chapter No |
Introductory Microeconomics |
Chapter | Introduction |
Chapter | Theory Of Consumer Behaviour |
Chapter | Production And Costs |
Chapter | The Theory Of The Firm Under Perfect Competition |
Chapter | Market Equilibrium |
Chapter | Non-Competitive Markets |
Key questions for 12th review Biology are outlined agreeing to the CBSE NCERT program. All address sorts are accessible within the PDF, from one-word to one-line answers, brief reply sorts to five point long reply sorts. Hence, understudies can plan for exams and indeed clarify their concepts through them. On the off chance that they refer to these questions, it’ll get ready their minds to pick up a competitive advantage. Understudies will gotten to be commonplace with question patterns and the sorts of questions that will show up on exams.