CBSE Class 12 Economics Value Based Questions Set A

CBSE Class 12 Economics Value Based Questions Set A read and download in pdf. Value Based Questions come in exams for Economics in Class 12 and are easy to learn and helpful in scoring good marks. You can refer to more chapter wise VBQs for Class 12 Economics and also get latest topic wise very useful study material as per latest NCERT book for Class 12 Economics and all other subjects for free on Studiestoday designed as per latest Class 12 CBSE, NCERT and KVS syllabus and examination pattern

VBQ for Class 12 Economics All Chapters

Class 12 Economics students should refer to the following value based questions with answers for All Chapters in Class 12. These VBQ questions with answers for Class 12 Economics will come in exams and help you to score good marks

All Chapters VBQ Questions Class 12 Economics with Answers

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 supply

Use of Personal transport

Remedy

Use of public transport

Use of renewable sources of energy

Values

* care for environment,

* national responsibility

Question. Large amount of labour remains unemployed explain how we can utilise it
Answer: 

1) Using labour intensive technology

2) New small scale industry to be set up

Values

* optimism,

* quest for knowledge,

Question. As Suppose that the trustees of your school decide that the school needs more revenues. they therefore vote for a 15% hike in tution fees. Will the hike in tutition fees necessarily accomplish their objective? Explain your view in relation to the statement.
Answer: Since the demand for education is highly inelastic, therefore a 15% hike in tutuion fees will necessarily raise the revenues for the trustees. But hike in the tution fees would adversely effect the total outlay (family budget ) of the families. Values Surrender Cooperate Duty Consideration.

Question. The cost inflation are mainly distributive , shifting income and wealth around in a way that causes acute distress to some people. In your opinion what steps should be taken by the government to control the situation of inflation.
Answer:  Remedies to control inflation

i) Lowering off import duties to increase supply in markets 

ii) Subsidizing the prices of essential goods for low income section

iii) Lowering off excise duty and sales tax on production Values Empathy Honesty Tolerance Surrender Concern for all Equality Justice for all

Question. Do you think that the government creates a burden on the future generations with a high fiscal deficit in their budget. What steps should be taken by the government to keep the fiscal deficit as low as possible.
Answer: Steps by the government

i) Government should curtail non developmental expenditures

ii) Increase revenues from PSUs and resorting to non tax revenues.

iii) Disinvesting the loss making PSUs

Values

National awareness

Cooperate

Equality

Ethics

Social justice

empathy

Please click the below link to access CBSE Class 12 Economics Value Based Questions

Part A Microeconomics Chapter 01 Introduction to Micro Economics
CBSE Class 12 Economics Introduction To Micro Economics VBQs
Part A Microeconomics Chapter 02 Theory of Consumer Behaviour
CBSE Class 12 Economics Theory of Consumer Behaviour VBQs
Part A Microeconomics Chapter 03 Production and Costs
CBSE Class 12 Economics Production and Costs VBQs
Part A Microeconomics Chapter 04 The Theory of the Firm under Perfect Competition
CBSE Class 12 Economics The Theory of the Firm under Perfect Competition VBQs
Part A Microeconomics Chapter 05 Market Equilibrium
CBSE Class 12 Economics Market Equilibrium VBQs
Part B Macroeconomics Chapter 01 Introduction to Macroeconomics
CBSE Class 12 Economics Introduction to Macroeconomics VBQs
Part B Macroeconomics Chapter 02 National Income Accounting
CBSE Class 12 Economics National Income Accounting VBQs
Part B Macroeconomics Chapter 03 Money and Banking
CBSE Class 12 Economics Money And Banking VBQs
Part B Macroeconomics Chapter 04 Determination of Income and Employment
CBSE Class 12 Economics Determination of Income And Employment VBQs
Part B Macroeconomics Chapter 05 Government Budget and The Economy
CBSE Class 12 Economics Government Budget And The Economy VBQs
Part B Macroeconomics Chapter 06 Open Economy Macroeconomics
CBSE Class 12 Economics Government Open Economy Macroeconomic VBQs

VBQs for All Chapters Class 12 Economics

We hope students liked the above VBQs for All Chapters designed as per the latest syllabus for Class 12 Economics released by CBSE. Students of Class 12 should download the Value Based Questions and Answers in Pdf format and practice the questions and solutions given in above Class 12 Economics VBQs Questions on daily basis. All latest VBQs with answers have been developed for Economics by referring to the most important and regularly asked topics which the students should learn and practice to get better score in school tests and examinations. Expert teachers of studiestoday have referred to NCERT book for Class 12 Economics to develop the Economics Class 12 VBQs. After solving the questions given in the VBQs which have been developed as per latest course books also refer to the NCERT solutions for Class 12 Economics designed by our teachers. We have also provided a lot of other VBQs for Class 12 Economics which you can use to further make yourself better in Economics.

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What are VBQs for Class 12 Economics All Chapters

Value Based Questions (VBQs) for Class 12 Economics All Chapters help to test the ability of students to apply learnings to various situations in life.