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CBSE Worksheets for Class 12 Economics contains all the important questions on Economics as per NCERT syllabus. These Worksheets for Class 12 Economics or 12th grade Economics worksheets help students to practice, improve knowledge as they are an effective tool in understanding the subject in totality. Also Multiple Choice Questions based Worksheets help students in learning in depth concepts while out of the class.
Worksheets of Class 12 EconomicsOn Ribblu one can get immense collections of CBSE Question Bank for Class 12 Economics which includes important questions 12th Class Chapter wise as per NCERT syllabus. Students while preparing for final exams must practice all the important questions of 12th grade Economics. All these Important Questions chapter wise have been uploaded by various registered users.
Question bank of Class 12 EconomicsBy Solving CBSE Sample Papers for Class 12 Economics, immensely helps students in preparing for the final exams. These Class 12 sample papers and 12th grade sample question papers are prepared in accordance with the latest syllabus and guidelines that are issued by the central board. If one wants to have a clear idea of how the final exam papers would be in terms of level of difficulty, time and other aspects then, all students must make sure that they do sample papers once their course revision is finished.
Sample Papers of Class 12 EconomicsCBSE Revision Notes For Class 12 Economics are very important for quick revision to recall all that has been learned throughout the year. On Ribblu.com one can find Study Key Notes or Revision notes for all subjects of 12th Class STD and which includes Economics as per CBSE and NCERT syllabus. Notes make this process of recall easy. One can easily revise the precise notes in a day or two. Once they get the hint, the students are quick to recall the entire material.
Revision Notes of Class 12 EconomicsIf you are looking for CBSE Question Papers for Class 12 Economics then you are at the right place. On Ribblu you will find Class 12 Economics Question Papers, 12th class previous year board question papers and MCQs Paper for Class 12 Economics, as per NCERT Syllabus. Solving them gives students the clear idea of how the final exam papers would be in terms of level of difficulty, time and other aspects, so all students must attempt as many Economics Question Papers as possible once their course revision is finished so as to get the best score in final exams
Question Papers of Class 12 EconomicsIndian Education system primarily consists of two parts one being studying the subjects and the other one is appearing for exams and tests. All these exams are conducted by schools for various classes to gauge how much the students have understood , learned and what is their capability score in any particular subject. But sometimes even after understanding the topics fully there are chances the students don’t do well in exams because of lack of preparation from the examination perspective. The reason being that one needs to prepare for exams in a particular way and for that previous question papers, sample papers, worksheets and unit test papers play a major role.
The important factors in performing well in the exams, apart from, studying day & night, grasping everything and retaining everything, is, to be able to study smart and in a proper disciplined manner, so that all the efforts translate into performance.
When preparing for your exams every expert recommends that students should invest more time and effort into solving question papers and worksheets from previous year
This practice not only will familiarise the students with the format of the question paper, it will also teach them the discipline of answering the entire question paper within the time allotted to you at the examination. The more one solves these, the more confidence will be gained towards achievement of highest score. Often it happens that in the exams the children know the solution of every question but due to lack of time they miss some portions. So it is imperative to practice before hand so that everything is attempted on time in main exams
Unit-1: National Income and Related Aggregates (10 Marks):
What is Macroeconomics?
Basic concepts in macroeconomics; consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.
Circular flow of income (two sector model); Methods of Calculating National Income- Value Added or Product method, Expenditure method, Income method.
Aggregates related to National Income:
Gross National Product(GNP), Net National Product(NNP), Gross and Net Domestic Product (GDP and NDP) at market price, at factor cost, Real and Nominal GDP, GDP and Welfare
Unit-2: Money and Banking (6 Marks):
Money- its meaning and supply of Money-Currency held by the public and net demand deposits held by commercial banks.
Money creation by the commercial banking system.
Central Bank and its functions (example of the Reserve Bank of India): Bank of issue, Government Bank, Banker’s Bank, Control of Credit through Bank Rate, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operation, Margin Requirement.
Unit-4: Government Budget and the Economy (6 Marks):
Government budget-meaning, objectives and components. Classification of receipts- revenue receipts and capital receipts; classification of expenditure-revenue expenditure and capital expenditure.
Measures of Government deficit- Revenue deficit, fiscal deficit, primary deficit their meaning.
Unit-5: Balance of Payments (6 Marks):
Balance of payments account-meaning and components; balance of payments deficit- meaning.
Foreign exchange rate-meaning of fixed and flexible rates and managed floating. Determination of exchange rate in a free market.
Unit-6: Development Experience (1947-1950) and Economic Reforms since 1991 (12 Marks):
A brief introduction of the state of Indian economy on the eve of independence. Common goals of Five Year Plans.
Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy, etc.), industry (industrial licensing, etc.) and foreign trade.
Economic Reforms since 1991:
Features and appraisals of liberalization, globalization and privatization (LPG policy); Concepts of demonetization and GST.
Unit-7: Current challenges facing Indian Economy (22 Marks);
Poverty: absolute and relative; Main programs for poverty alleviation: A critical assessment;
Rural Development: Key issues-credit and marketing-role of cooperatives; agricultural diversification; alternative farming-organic farming. Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India.
Unit-3: Determination of Income and Employment (12 Marks):
Aggregate demand and its components.
Propensity to consume and propensity to save (average and marginal). Short-run equilibrium output; investment multiplier and its mechanism. Meaning of full employment and involuntary unemployment.
Problems of excess demand and deficient demand; measure to correct them-changes in Government spending, taxes and money supply.
Unit-7: Current challenges facing Indian Economy (22 Marks);
Employment: Formal and informal growth; problems and policies. Infrastructure: Meaning and Types; Case Studies: Energy and Health: Problems and Policies- A critical assessment;
Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming.
Unit-8: Development Experience of India (6 Marks):
A comparison with neighbors India and Pakistan, India and China
Issues: growth, population, sectoral development and other Human Development Indicators.
Discussion on Project Work
Revision of Macroeconomics and Indian Economic Development. Revision from Support Material
PRE-BOARD EXAMS
Submission of Project Work
Discussion of Pre-Board Question Papers and their model solution. Practice from latest CBSE sample papers.
Practice of exam-oriented questions frequently asked in board exams. Practice from latest sample papers.
Theory Paper (40+40 = 80 Marks)
Project Work (20 Marks)
Suggested Economics Question Paper Design - Class 12
Remembering: Exhibit memory of previously learned material by recalling facts, terms, basic concepts, and answers.
Number of Questions Asked that are Objective Type Questions (MCQ) = 5
Number of Questions Asked that are Short Answer Type Questions = 3
Number of Questions Asked that are Long Answer Type Questions = 1
Total Marks = 22
Understanding: Demonstrate understanding of facts and ideas by organizing, comparing, translating, interpreting, giving descriptions, and stating main ideas
Number of Questions Asked that are Objective Type Questions (MCQ) = 5
Number of Questions Asked that are Short Answer Type Questions = 3
Number of Questions Asked that are Long Answer Type Questions = 1
Total Marks = 21
Applying: Solve problems to new situations by applying acquired knowledge, facts, techniques and rules in a different way.
Number of Questions Asked that are Objective Type Questions (MCQ) = 5
Number of Questions Asked that are Short Answer Type Questions = 2
Number of Questions Asked that are Long Answer Type Questions = 1
Total Marks = 19
Analyzing and Evaluating: Examine and break information into parts by identifying motives or causes. Make inferences and find evidence to support generalizations. Present and defend opinions by making judgments about information, validity of ideas, or quality of work based on a set of criteria. Creating: Compile information together in a different way by combining elements in a new pattern or proposing alternative solutions.
Number of Questions Asked that are Objective Type Questions (MCQ) = 5
Number of Questions Asked that are Short Answer Type Questions = 2
Number of Questions Asked that are Long Answer Type Questions = 1
Total Marks = 17