CBSE Class 12 Economics Balance of Payments VBQs
BALANCE OF PAYMENTS The balance of payment is a comprehensive and systematic records of all economic transaction between normal residents of a country and rest of the world during an accounting year. Economic Transaction: refer to those transactions which involve transfer of…
CBSE Class 12 Economics Government Budget And The Economy VBQs
MCQ Questions for NCERT Class 12 Economics Government Budget And The Economy Question: Which one of the following is not a capital expenditure? (a) Loans advanced by World Bank (b) Construction of school building (c)Repayment of loans (d) Tax receipts.…
CBSE Class 12 Economics Determination of Income And Employment VBQs
AGGREGATE DEMAND AND ITS COMPONENTS AGGREGATE DEMAND: Aggregate demand refers to the demand for all finished goods and services in an economy during a given period of time. It is the total level of spending in the economy. It is often measured for the period of an accounting…
CBSE Class 12 Economics Money And Banking VBQs
Question. Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these Answer : D. All of the Above Explanation: The Company is…
CBSE Class 12 Economics Forms Of Market VBQs Set A
FORMS OF MARKET AND PRICE DETERMINATION Question. Under Perfect Competition price of the Product (a) can be controlled by individual Firm (b) cannot be controlled by individual Firm (c) can be controlled within certain limit by individual Firm (d) none of the above Answer: B…
CBSE Class 12 Economics Theory of Consumer Behaviour VBQs
Question. Keeping the health of the people in mind, the government should be considerate in fixing the .price of essential items like milk, as price elasticity of demand is; Answer. a) More than one b) less than one, c) equal to one d) zero Question. For proper allocation of…
CBSE Class 12 Economics Value Based Questions Set A
Value Based Questions Subject Economics Question. In the recent years we observe that the prices of oil are rising in India what could be the causes for it how it can be controlled? Answer: Causes Relative increase in demand is more than the relative increase in…
CBSE Class 12 Economics Value Based Questions Set C
CBSE Class 12 Economics VBQs (1) Based on CBSE and NCERT guidelines. Value based questions are now being given in exams to promote morals and values in students, Students should read and understand the following VBQs to get better understanding and score good marks…
CBSE Class 12 Economics Value Based Questions Set B
PART-I MICRO ECONOMICS Note :- Q1 to Q7 carry the weightage of 1 marks each and from Q8 to Q20 carry the weightage of 3/4 marks each Ques1. In an underdeveloped economy why there is the need of efficient utilization of resources? Ques 2. A farmer is getting more profit in…
CBSE Class 12 Economics VBQs In Hindi
CBSE Class 12 Economics VBQs in Hindi Based on CBSE and NCERT guidelines. Value based questions are now being given in exams to promote morals and values in students, Students should read and understand the following VBQs to get better understanding and score good marks in…
CBSE Class 12 Economics Introduction To Micro Economics VBQs
Q1.Massive unemployment will shift the PPF to the left. Defend or refute. Ans. The given statement is refuted . Massive unemployment does not decrease the capacity of economy to produce. So, there will be no shift of PPF. However, economy will operate at some point…
CBSE Class 12 Economics Introduction to Macroeconomics VBQs
Q1. Ms. Nidhi is interested in knowing the change in quantity produced by a farmer with a fall in the price of the product. Which branch of economics would she study to ascertain the change? Ans .Micro Economics Q2. Give an example to show that an item which is…
CBSE Class 12 Economics The Theory of the Firm under Perfect Competition VBQs
Producer behaviour & Supply 1) Identify and define the stages underlying the schedule given below. Also, identify the value based on the behaviour of marginal product: (4) Answer: The underlying law is the Law of Diminishing Returns. As more and more units…
CBSE Class 12 Economics Forms Of Market VBQs
CBSE Class 12 Value Based Questions - Economics - Forms of Market Based on CBSE and NCERT guidelines. Value based questions are now being given in exams to promote morals and values in students, Students should read and understand the following VBQs to get better…