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ECONOMICS/XII/MODEL PAPER

18-Identify the result of the large export surplus during the colonial period. (Choose the correct alternative)

A. domestic markets flooded with raw materials


B. an increase in gold and silver reserves
C. scarcity of essential commodities
D. cheap imported consumer goods
19- Identify the classification that falls outside the purview of the Industrial Policy Resolution, of 1956.
(Choose the correct alternative)

A. public-private industrial partnership


B. multinational corporations
C. public sector industries
D. privately owned

OR

Identify an argument that supports the agricultural subsidies in India. (Or, Choose a justification that

supports India's agricultural subsidies.)

A. reduces the gap between the rich and poor farmers


B. reduces government spending on agriculture
C. unpopularity of the HYV seeds
D. supports fertiliser industries
20-Under the Great Leap Forward (GLF) campaign in China initiated in 1958, people were encouraged to set
up industries in their backyards.

Identify the primary goods these backyard industries would have produced.

A. perishable food items


B. small car parts
C. plastic toys
D. textiles

OR

Identify the developmental initiatives oriented by Pakistan during the 1970s and 80s that helped the country
in stimulating economic growth.

A. agrarian reforms
B. de-nationalisation
C. import substitution
investment in education and health
21-Kavitha, a farmer in rural India, is a recipient of a government scheme named
. This scheme helps her set up a bank account and provides insurance, overdraft and
other social security benefits.

A. Sansad Adarsh Gram Yojana


B. Jan-Dhan Yojana
C. Kudumbashree
D. NABARD
22-" In 1994, Maulik worked in an automotive manufacturing company owned by the government of India.
It was soon to be disinvested and privatized by the government. As a result, Maulik planned for a job shift
and explored other sectors that could guarantee him greater growth in the future."
In light of the nation's political and economic situation at the time, which of the following professions would
have fulfilled his expectations?

A. mining
B. tourism
C. textile industry
D. information technology
23-There are two statements given below, marked as Assertion (A) and Reason
(R). Read the statements and choose the correct option.

Statement(1): The ratio of employed women in urban areas is generally lower than that of employed women
in rural areas.

Statement(2): There are a higher number of low-income employment opportunities available in rural areas
than in urban areas.

A. Statement 1 is true and Statement 2 is false.


B. Statement 1 is false and Statement 2 is true.
C. Both statements 1 and 2 are true
D. Both statements 1 and 2 are false
24-There are two statements given below, marked as Statement (1) and Statement
(R). Read the statements and choose the correct option.

Statement (1): Both India and China initiated industrial reforms with the creation of agricultural communes.

Statement (2): Both countries are primarily agrarian in nature with all sectors depending on the primary one.

A. Statement 1 is true and Statement 2 is false.


B. Statement 1 is false and Statement 2 is true.
C. Both statements 1 and 2 are true
D. Both statements 1 and 2 are false
25-Resources are becoming extinct as degradation surpasses the capacity of the
environment. (Choose the correct alternative)

A. carrying
B. absorptive
C. assimilation
D. regeneration

OR

United Nations General Assembly has enlisted a list of 17 Sustainable Development Goals (SDGs) to be
achieved by 2030. Accordingly, SDG 7 is to "Ensure that everyone has access to enough, trustworthy,
sustainable, and modern energy."

does not constitute a step toward achieving SDG 7.

A. CNG
B. solar energy
C. thermal power
D. mini-hydel plants
26-There are two statements given below, marked as Statement (1) and Statement
(2). Read the statements and choose the correct option.
Statement(1): Air India, a fully owned Public Sector Undertaking (PSU) was disinvested and sold to a
private entity.
Statement(2): Public Sector Undertakings (PSU) are sold to create more direct and/or indirect employment
opportunities in the country.

A. Statement 1 is true and Statement 2 is false.


B. Statement 1 is false and Statement 2 is true.
C. Both statements 1 and 2 are true
D. Both statements 1 and 2 are false
27-There are two statements given below, marked as Statement (1) and Statement
(2). Read the statements and choose the correct option.

Statement (1): The contribution of the industrial sector to the GVA in India and Pakistan is much lower
than that of China.
Statement (2): India and Pakistan are directly moving from agriculture to services.

A. Statement 1 is true and Statement 2 is false.


B. Statement 1 is false and Statement 2 is true.
C. Both statements 1 and 2 are true
D. Both statements 1 and 2 are false
28- (a)Define sustainable development.
(b)Everyone has a moral obligation to promote sustainable development. Do you agree with the given
statement? Justify your answer with a valid argument.
29- Amazon has been outsourcing to various customer support companies in India to accommodate more
local and international buyers and sellers.
In light of the above statement, how has the process of globalisation impacted the Indian economy?
OR

Suppose you are a small farmer in rural India. State any three challenges you are likely to face while shifting
to organic farming.
30- Given below are some statistics related to India, China and Pakistan.
Country Population Fertility rate Urbanisation (%)
(millions)
India 1352 2.2 34
China 1393 1.7 59
Pakistan 212 3.6 37
Compare and contrast China's demographic statistics with its neighbours.
31-“The world has experienced two primary types of economic systems along with a hybrid one”
Elaborate on the given statement.

OR

Briefly describe why the government had to intervene in the implementation of the Green Revolution, and
the various steps it took to protect small farmers.
32- Why should migration and social medicine be viewed as investments in human capital? Justify with
reasons.
33-'Kudumbashree' is a woman-oriented community-based poverty reduction
programme being implemented in Kerala. In 1995, a thrift and credit society
was started as a small savings bank for poor women with the objective to
encourage savings. The thrift and credit society mobilised ₹1 crore as thrift
savings. These societies have been acclaimed as the largest informal banks in
Asia in terms of participation and savings mobilised.
Based on this passage,
a) Discuss the role of Self-Help Groups (SHGs) in meeting the credit
requirements of the poor.
b) List some of the drawbacks of such micro-credit programmes.
OR

(a) ‘Modernisation does not refer only to the use of new technology but also to changes in the social
outlook.’
Source: NCERT

Analyse the above statement with reference to the core ideas that the government aimed to promote in the
newly independent India.

List some economic costs of unemployment.


Read the passage given below and answer the questions that are followed.

In the early 1980s, textile mills all over the country began to close down. In some places, such as Mumbai,
the mills closed rapidly. In Ahmedabad, the process of closure was long drawn out and spread over 10 years.
Over this period, approximately over 80,000 permanent workers and over 50,000 non- permanent workers
lost their jobs and were driven to the informal sector. The city experienced an economic recession and public
disturbances, especially communal riots. A whole class of workers was thrown back from the middle class
into the informal sector, into poverty. There was widespread alcoholism and suicides, and children were
withdrawn from school and sent to work. (Source: NCERT)

(a) How did the primary goals listed in the five-year plans aim to deal with the given crisis?

(b) 'Recession and unemployment go hand in hand.'


Explain the above statement in context to the given passage.

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