{"id":29393,"date":"2022-05-27T10:44:42","date_gmt":"2022-05-27T05:14:42","guid":{"rendered":"https:\/\/mycbseguide.com\/blog\/?p=29393"},"modified":"2022-09-17T15:57:34","modified_gmt":"2022-09-17T10:27:34","slug":"class-12-economics-case-study-questions","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/","title":{"rendered":"Class 12 Economics Case Study Questions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#12_Economics_Case_Study_Questions\" >12 Economics Case Study Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#What_is_a_Case_Study_Question\" >What is a Case Study Question?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Types_of_Case_Study_Questions_in_Economics\" >Types of Case Study Questions in Economics<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Local_questions\" >Local questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Global_Questions\" >Global Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Inferential_questions\" >Inferential questions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#HOTS_Questions_in_Class_12_Economics\" >HOTS Questions in Class 12 Economics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Advantages_of_Case-based_Questions\" >Advantages of Case-based Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Sample_case_study_questions_Economics_class_12\" >Sample case study questions (Economics) class 12<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Case_Study_1\" >Case Study 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Case_Study_2\" >Case Study 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Case_Study_3\" >Case Study 3<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Tips_to_Solve_Case_Study_Questions_in_Economics\" >Tips to Solve Case Study Questions in Economics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/#Important_Chapters_%E2%80%93_Economics_Case_Study_Questions\" >Important Chapters &#8211; Economics Case Study Questions<\/a><\/li><\/ul><\/nav><\/div>\n<p>In this article, we will discuss how to download CBSE class 12 Economics Case Study Questions from the <strong><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide\">myCBSEguide App<\/a><\/strong> and our <strong><a href=\"https:\/\/mycbseguide.com\/dashboard\/home\">Student Dashboard<\/a><\/strong> for free. For the students appearing for class 12 board exams from the commerce\/ humanities stream, Economics is a very lucrative and important subject. It is a very high-scoring subject that aids the students to increase their percentile and excel in academics.<\/p>\n<p><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide\"><img loading=\"lazy\" decoding=\"async\" title=\"CBSE Class 12 Economics Case Study Questions\" src=\"https:\/\/media-mycbseguide.s3.amazonaws.com\/images\/blog\/cbq_12_eco1.png\" alt=\"CBSE Class 12 Economics Case Study Questions\" width=\"1280\" height=\"720\" \/><\/a><\/p>\n<p>The exam is divided into 2 parts:<\/p>\n<ul>\n<li>Macro Economics<\/li>\n<li>Indian Economics Development<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"12_Economics_Case_Study_Questions\"><\/span>12 Economics Case Study Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CBSE introduced case-based questions for class 12 in the year 2021-22 to enhance critical thinking in students. <a href=\"https:\/\/cbse.gov.in\">CBSE<\/a> introduced a few changes in the question paper pattern to enhance and develop analytical and reasoning skills among students. Sanyam Bharadwaj, controller of examinations, CBSE quoted that the case-based questions would be based on real-life situations encountered by students.<\/p>\n<p>The purpose was to drift from rote learning to competency and situation-based learning. He emphasized the fact that it was the need of the hour to move away from the old system and formulate new policies to enhance the critical reasoning skills of students. Introducing case study questions was a step toward achieving the goals of the <a href=\"https:\/\/www.education.gov.in\/sites\/upload_files\/mhrd\/files\/NEP_Final_English_0.pdf\">National Education Policy<\/a> (NEP) 2020.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_a_Case_Study_Question\"><\/span>What is a Case Study Question?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As part of these questions, the students would be provided with a comprehensive passage, based on which analytical questions will have to be solved by them. The students will have to read the given passage thoroughly before attempting the questions. In The current examination cycle (2021-22), case-based questions have a weightage of around 20%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Case_Study_Questions_in_Economics\"><\/span>Types of Case Study Questions in Economics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CBSE plans to increase the weightage of such questions in the following years, so as to enhance the intellectual and analytical abilities of the students. Case-based questions are predominantly of 3 types namely:<\/p>\n<ol>\n<li>Local<\/li>\n<li>Global<\/li>\n<li>Inferential<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Local_questions\"><\/span>Local questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Local questions can be easily solved as the answers are there in the given passage itself.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Global_Questions\"><\/span>Global Questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For Global questions, the students will have to read the passage in depth, analyze it and then solve it.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Inferential_questions\"><\/span>Inferential questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Inferential questions are the ones that would require the student to have complete knowledge of the topic and could be answered by application of the concepts. The answers to such questions are tricky and not visible in the given passage, though the passage would highlight the concept on which the questions would be asked by CBSE.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"HOTS_Questions_in_Class_12_Economics\"><\/span>HOTS Questions in Class 12 Economics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Personally, the concept of case-based questions is not new since CBSE has always included questions based on Higher Order Thinking Skills (HOTs). Though now we will have an increased percentage of such questions in the question paper.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Advantages_of_Case-based_Questions\"><\/span>Advantages of Case-based Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Class 12 Economics has two books and CBSE can ask Case study questions from any of them. Students must prepare themselves for both the books. They must practice class 12 Economics case-based questions as much as possible.<\/p>\n<p><strong>Case study questions:<\/strong><\/p>\n<ol>\n<li>Enhance the intellectual and analytical abilities of the students.<\/li>\n<li>Provide a complete and deeper understanding of the subject.<\/li>\n<li>Inculcate intellectual reasoning and scientific temperamental in students.<\/li>\n<li>Help students retain knowledge for a longer time.<\/li>\n<li>Would definitely help to discard the concept of memorizing insanely and cramming without a factual understanding of the content.<\/li>\n<li>The questions would help to terminate the existing system of education in India that promotes rote learning.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Sample_case_study_questions_Economics_class_12\"><\/span><strong>Sample case study questions (Economics) class 12<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here are some case study questions for CBSE class 12 Economics. If you wish to get more case study questions and other related study material, download the myCBSEguide App now. You can also access it through our Student Dashboard.<\/p>\n<div class=\"col-lg-6\">\n<div class=\"hero-content-5\"><\/div>\n<\/div>\n<div class=\"col-lg-6 d-none d-lg-block\">\n<div style=\"text-align: center;\"><a class=\"mks_button mks_button_medium rounded\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide\" target=\"_blank\" style=\"color: #FFFFFF; background-color: #006601;\" >Economics Case Study Questions<\/a><\/div>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"Case_Study_1\"><\/span><strong>Case Study 1<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Keeping in view the continuing hardships faced by banks in terms of social distancing of staff and consequent strains on reporting requirements, the Reserve Bank of India has extended the relaxation of the minimum daily maintenance of the CRR of 80% for up to September 25, 2020. Currently, CRR is 3% and SLR is 18.50%.<\/p>\n<p>\u201cAs announced in the Statement of Development and Regulatory Policies of March 27, 2020, the minimum daily maintenance of CRR was reduced from 90% of the prescribed CRR to 80% effective the fortnight beginning March 28, 2020 till June 26, 2020, that has now been extended up to September 25, 2020,\u201d said the RBI.<\/p>\n<p>Q.1 The full forms of CRR and SLR are:<\/p>\n<ol>\n<li>Current Reserve Ratio and Statutory Legal Reserves<\/li>\n<li>Cash Reserve Ratio and Statutory Legal Reserves<\/li>\n<li>Current Required Ratio and Statutory Legal Reserves<\/li>\n<li>Cash Reserve Ratio and Statutory Liquidity Ratio (ans)<\/li>\n<\/ol>\n<p>Q.2 What will be the value of the money multiplier?<\/p>\n<ol>\n<li>33.33<\/li>\n<li>5.4<\/li>\n<li>4.65 (ans)<\/li>\n<li>None of these<\/li>\n<\/ol>\n<p>Q.3 SLR implies:<\/p>\n<ol>\n<li>a) Certain percentage of the total banks\u2019 deposits has to be kept in the current account with RBI<\/li>\n<li>b) Certain percentage of net total demand and time deposits have to be kept by the bank themselves (ans)<\/li>\n<li>c) Certain percentage of net demand deposits has to be kept by the banks with RBI<\/li>\n<li>d) None of the above<\/li>\n<\/ol>\n<p>Q.4 Decrease in CRR will lead to __.<\/p>\n<ol>\n<li>a) fall in aggregate demand in the economy<\/li>\n<li>b) rise in aggregate demand in the economy (ans)<\/li>\n<li>c) no change in aggregate demand in the economy<\/li>\n<li>d) fall in the general price level in the economy<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Case_Study_2\"><\/span><strong>Case Study 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>An important lesson that the COVID-19 pandemic has taught the policymakers in India is to provide greater impetus to sectors that make better allocation of resources and reduce income inequalities. COVID-19 has also taught a lesson that in crisis the population returns to rely on the farm sector. India has a large arable land, but the farm sector has its own structural problems. However, directly or indirectly, 50 percent of the households still depend on the farm sector. Greater support to MSMEs, higher public expenditure on health and education and making the labour force a formal employee in the economy are some of the milestones that the nation has to achieve.<\/p>\n<p>One of the imminent reforms to be done in the country is labour reforms. Labour laws are outmoded in India, and some of these date back to the last century.<\/p>\n<p>India\u2019s complex labour laws have been blamed for keeping manufacturing businesses small and hindering job creation. Industry hires labour informally because of complex laws and that is responsible for low wages.<\/p>\n<ol>\n<li>Which types of structural problems are faced by the agricultural sector?<\/li>\n<li>\u201cIt is necessary to create employment in the formal sector rather than in the informal sector.\u2019\u2019 Defend or refute the given statement with valid argument.<\/li>\n<li>Hired labour comes in \u2026\u2026\u2026\u2026\u2026\u2026\u2026. (Informal organisation \/ formal organisation)<\/li>\n<li>What do you mean by MSMEs?<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Case_Study_3\"><\/span><strong>Case Study 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>People spend to acquire information relating to the labour market and other markets like education and health. This information is necessary to make decisions w.r.t investment in human capital and its efficient utilization. Thus, expenditure incurred for acquiring information relating to the labour market and other markets is also a source of human capital formation.<\/p>\n<p>Q1. Which of the following is the source of human capital formation in India?<\/p>\n<ol>\n<li>Health<\/li>\n<li>Migration<\/li>\n<li>Acquiring information<\/li>\n<li>All of these (ans)<\/li>\n<\/ol>\n<p>Q2. Education provides<\/p>\n<ol>\n<li>Private benefit<\/li>\n<li>Social benefit<\/li>\n<li>Both 1) and 2) (ans)<\/li>\n<li>None of these<\/li>\n<\/ol>\n<p>Q3. __ persons contribute more to the growth of an economy.<\/p>\n<ol>\n<li>Educated<\/li>\n<li>Healthy<\/li>\n<li>Both 1) and 2) (ans)<\/li>\n<li>None of these<\/li>\n<\/ol>\n<p>Q4. Training given by a company to its employees is generally__________<\/p>\n<ol>\n<li>Investment (ans)<\/li>\n<li>Social wastage<\/li>\n<li>Both 1) and 2)<\/li>\n<li>None of these<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Tips_to_Solve_Case_Study_Questions_in_Economics\"><\/span><strong>Tips to Solve Case Study Questions in Economics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Let&#8217;s understand how you can solve case study questions in class 12 Economics. The two books are Macroeconomics and Indian Economic Development.<\/p>\n<ol>\n<li>Read the passage thoroughly<\/li>\n<li>Can follow a reversal pattern, especially macroeconomics questions, i.e. read questions first and then look for the answers in the passage.<\/li>\n<li>In case the question asked is about Indian Economic Development, read the passage very carefully as most of the answers would be hidden in the passage itself.<\/li>\n<li>Macro Economics questions will be more application-based and would test your conceptual clarity.<\/li>\n<li>Answer briefly and precisely.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Important_Chapters_%E2%80%93_Economics_Case_Study_Questions\"><\/span>Important Chapters &#8211; Economics Case Study Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Following are some of the very important topics that need to be prepared very thoroughly under CBSE class 12 <strong>Economics. <\/strong>We expect that CBSE will certainly ask case-based questions from these chapters.<\/p>\n<ul>\n<li>National income and its aggregates<\/li>\n<li>Money<\/li>\n<li>Banking<\/li>\n<li>Government budget<\/li>\n<li>Current challenges faced by the <strong>Indian<\/strong> economy<\/li>\n<\/ul>\n<p><strong><em>\u201cStop waiting for tomorrow, <\/em><\/strong><strong><em>Start now\u201d<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article, we will discuss how to download CBSE class 12 Economics Case Study Questions from the myCBSEguide App and our Student Dashboard for free. For the students appearing for class 12 board exams from the commerce\/ humanities stream, Economics is a very lucrative and important subject. It is a very high-scoring subject that &#8230; <a title=\"Class 12 Economics Case Study Questions\" class=\"read-more\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/\" aria-label=\"More on Class 12 Economics Case Study Questions\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1437],"tags":[1895],"class_list":["post-29393","post","type-post","status-publish","format-standard","hentry","category-economics-cbse-class-12","tag-case-study-questions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Class 12 Economics Case Study Questions | myCBSEguide<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mycbseguide.com\/blog\/class-12-economics-case-study-questions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class 12 Economics Case Study Questions | myCBSEguide\" \/>\n<meta property=\"og:description\" content=\"In this article, we will discuss how to download CBSE class 12 Economics Case Study Questions from the myCBSEguide App and our Student Dashboard for free. 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