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
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CBSE Class 12 Economics Determination of Income And Employment VBQs |
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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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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.