CBSE > Class 12 > Economics | CBSE Board | Homework Help

Externalities refers to good and bad impact of economic activity without paying price or penality negative externalities cause loss of social welfare and also don't pay the penality eg: an industry creates air pollution which causes lot of respiratory diseases for the people and they did not pay the penality

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What is the problem of double counting?

Posted by Sheikh Asif Ali 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Divya Jain 3 years, 11 months ago

Due to double counting one anount is added more than once which results in manipulations in accounts.

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Nitin Dhawan 3 years, 11 months ago

It leads to overestimation of national income

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What can economics examiner ask in viva on waste management topic?

Posted by Anamika Sharma 3 years, 11 months ago

CBSE > Class 12 > Economics

5 answers

Utkarsh Soni 3 years, 11 months ago

@Anamika sharma There is many video on search "Question that can be asked from waste management" then you several videos on it. if you are confused between solid waste management then don't be both are same.

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Anamika Sharma 3 years, 11 months ago

@utkarshsoni I do searched before posting this question... but there's no such video particularly on waste management of class 12... i can only think of some basic ques like what's waste, types, treatment? If you could help find some more.. it'd be of great help!

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Utkarsh Soni 3 years, 11 months ago

Yep Anamika I got it but it's difficult to tell you the answer, u have no idea. their were thousands of questions that can be asked on that topic. Search this topic on YouTube and watch 2 or 3 videos and note that what questions that are common in both video. This will definitely help u to get your answer. If it's not working then I will do that and send u questions okay ☺️.

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Anamika Sharma 3 years, 11 months ago

I am asking the possible questions which can be made out of it

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Utkarsh Soni 3 years, 11 months ago

Its depend upon teacher ✌️

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Government of India double import duty on gold what will the effect on foreign exchange rate in the economy?

Posted by Sneha Kumari Shaw 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Sia ? 3 years, 11 months ago

Impact on foreign exchange rate due to increase in import duty on gold:

The import of gold will fall when the government increases the import duty on gold.
This reduces the demand for foreign currency.
With the supply of foreign currency remaining the same, the foreign exchange rate would fall. This implies an appreciation of rupees.

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Explain the term affluence trap.

Posted by Bhavana Tiwari 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Anshika Gupta 3 years, 11 months ago

In economic terms, Affluence trap means environmental degradation trap. When a nation becomes more affluent (economic well being of all), it uses up more natural resources in order to provide for the necessities of its people..... Hope this will help uh??

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What was the focus of economic policies pursued by the colonial government in India what were the impacts of these policies policies

Posted by Vikash Viki 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Chhaya Tiwari 3 years, 11 months ago

So basically they want to make Ind as mere exporter of raw materials goods for their home country & turned Ind into finished product for expansion of home country to maximize their industrial sector... *Impact are as follows # destruction of Indian handloom Industry # destruction of Indian natural resources # unemployment... rises # export food item in huge quantity. Lead to causes epidemic crisis & infant mortality rate increases # per capita income has negligible growth rate...

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What is spread?

Posted by Moksh Panjwani 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Satakshi Rajpoot 3 years, 11 months ago

Difference between interest on loan which bank get and interest on deposit which bank gives.

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Mamta ... 3 years, 11 months ago

spread means increase / extend

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Define deflationery Gap

Posted by Ashu Swami 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Divya Jain 3 years, 11 months ago

It refers to fall in actual aggreagte demand at the level of full employment.

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Bhavana Tiwari 3 years, 11 months ago

It is a gap showing deficient of current aggregate demand over aggregate supply at the level of full employment . It is called deflationary gap

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Money which is accepted as a mediam of exchange because of the trust between payer and payee is called

Posted by Deeksha Sharma 3 years, 11 months ago

CBSE > Class 12 > Economics

5 answers

Priyanshi Gupta 3 years, 11 months ago

Fiduciary money

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Cute Girl 3 years, 11 months ago

Fiduciary money

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Mamta ... 3 years, 11 months ago

full bodied money.

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Salma Bhambh 3 years, 11 months ago

Fiduciary money

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Deeksha Sharma 3 years, 11 months ago

Full bodied money

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Limitations of GDP with key points.

Posted by Deep Raj Khatri 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Cute Girl 3 years, 11 months ago

Limitations of GDP are 1 externalities 2 composition of product 3 qualitative measures 4 unequal distribution of income

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Anamika Sharma 3 years, 11 months ago

I don't think it's in syllabus

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To nullify the effect of change in price in national income.................is used

Posted by Chitra Narwara 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Sneha Kumari Shaw 3 years, 11 months ago

Real gdp

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Capital is a man-made of production.it is a_____________concept as it measured at a given_______ Of time .

Posted by Ãrùñ Kåshyãp 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Utkarsh Soni 3 years, 11 months ago

Stock , point

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Chitra Narwara 3 years, 11 months ago

Flow Period

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Explain the role of government budget in fighting deflationary tendancy.

Posted by Jasleen Kaur 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Utkarsh Soni 3 years, 11 months ago

deflationary gap or deficient gap is corrected by increasing the government expenditure and reducing the tax.

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why and how private sector regulate under the IPR 1956 ?

Posted by Ankush Bishnoi 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Balwant Kumar 3 years, 11 months ago

The Industrial Policy Resolution (IPR) 1956 was adopted in order to achieve the aim of a socialist state with the government controlling the major strategic industries of the economy. Under IPR, 1956, the private sector was kept under state control through a system of licenses. No new industry was allowed unless a license was obtained from the government. Even an existing industry had to obtain a license for expanding output or for diversifying production.
The objective behind regulating the private sector through licenses was to promote equitable development in the country. It was easier to obtain a license if the industrial unit was to be established in backward areas.

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The value of MPC is 0.6 and the initial income in the economy is Rs. 100 crore. Prepare a schedule showing Income , consumption and saving . Also show the equilibrium level of income by assuming Autonomous investment of Rs. 80 crore.

Posted by Rikhu Chaudhry 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Nikhil Shukla 3 years, 11 months ago

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AICTE stands for what?

Posted by Varsha Awasthi 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Gayatri Panwar 3 years, 11 months ago

All india concil technical education

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Utkarsh Soni 3 years, 11 months ago

All India Council for Technical Education

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Explain the difference between BOP and BOT

Posted by Varsha Awasthi 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Utkarsh Soni 3 years, 11 months ago

BOT is a statement which records a country's imports and exports of goods with other countries in a period. Whereas BOP records all the economic transactions performed by that country within a period. A major difference between BOP and BOT is regarding the records they keep.

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Earlier under self employment program financial assistance was given to family of individual. Since 1990s, this approach has been changed. Explain how??

Posted by Niharika Mehta 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Nikhil Shukla 3 years, 11 months ago

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Suvangi Mohanty 3 years, 11 months ago

Books class 12 economic

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Explain working of investment multiplier with the help of numerical example

Posted by Suraj Jha 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Nagendran Krishna 3 years, 11 months ago

Investment multiplier is the the ratio between change in y and change in i Numerical eg: Suppose change in i = 100 and MPC = 0.5 no/change in y/C/Change S 1 100 50 50 2 50 25 25 3 25 12.5 12.5 - -. - total 200 100 100 above table shows that as result of increase in investment leds to an increase in the consumption and total income by 200 the investment has a multiplier effect on the income

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What is the difference between self sufficiency and self reliance

Posted by Disha Kathpal 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Utkarsh Soni 3 years, 11 months ago

Self-reliance means making your own economy strong and strong does not mean giving it crutches like protectionism. ... So the correct self-sufficiency means you strengthen your economy by making it more productive and more low cost

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What is moc

Posted by T S 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Khushi Saini 3 years, 11 months ago

MOC :- Marginal Opportunity Cost.

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What is agricultural marketing? Discuss the measures initiated by government in developing rural marketing aspect.

Posted by Gagan Balani 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Divya Jain 3 years, 11 months ago

Agricultural marketing refers to the process of assembling,storage,processing, transportation,packaging,grading and distribution of agricultural goods. The measures initiated by the government in developing rural marketing aspect are 1. Regulation of markets 2. Cooperative marketing 3. Improving infrastructure facilities and 4. Policy instruments which include msp,public distribution schemes etc

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“Government should regulate mergers between firms” Give reason in favor and against this statement. (

Posted by Mahi Kumari 3 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 3 years, 8 months ago

The government has the power to regulate mergers between firms because of antitrust laws. Firms might want to merge to increase operating efficiency and reduce costs, something that is good for society, or to gain monopoly power, which is bad for society.

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Explain excess supply with the help of a diagram

Posted by Prashant Dawra 3 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Utkarsh Soni 3 years, 11 months ago

Pranchal you are wrong he asked about excess supply not excess demand so, an excess supply or economic surplus is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand.

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Om Singh 3 years, 11 months ago

what is money suppy ..

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Pranchal Balecha 3 years, 11 months ago

It refers to the situation when there is more demand then supply .It also refers to situation where there is fully employment situation .

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What is swap market??

Posted by Ultimate Noob 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Anna Joji 3 years, 11 months ago

A swap is an exchange between 2 counterparties to exchange cash flows in the future.

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In the determination of social welfare, what matters is the quantum of output rather than composition of output. Defend or repute.

Posted by Aman Maurya 3 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 3 years, 8 months ago

The above statement is incorrect. Social welfare depends both on the quantum of output as well as the composition of output. If goods are produced primarily for richer sections of the society (ignoring the interest of poorer sections of the society), social welfare is bound to remain low even when the quantum of output is rising.

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Define the term 'Public Goods'?

Posted by Khushi Saini 3 years, 11 months ago

CBSE > Class 12 > Economics

5 answers

Nikhil Shukla 3 years, 11 months ago

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Sakshi Yadav 3 years, 11 months ago

Goods that collectively satisfy needs of people

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Myron Singh 3 years, 11 months ago

Such goods satisfy all the needs of people without any sort of payment in return to govt. For example ( law Nd order , defence, garden, street light etc).

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Muhammed Rayhan 3 years, 11 months ago

Hop

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Jay Verma 3 years, 11 months ago

a commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.

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Gst viva question ❓

Posted by Munish Kumar 3 years, 11 months ago

CBSE > Class 12 > Economics

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explain the various classification of industries as per the industrial policy resolution in 1951

Posted by Jeetan Yadav 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Pranchal Balecha 3 years, 11 months ago

There are three types of industries classified under Industrial Resolution are :- 1. Schedule 1 = In this category only those industries will come which are under the government control. Like :-Atomic Energy , Aircraft .. 2. Schedule 2 = In this schedule only those industries will come which are built by government and run by public sector they are mainly for public welfare . Example :- Iron and Steel .. 3 Schedule 3 :- It consists of those industries which are fully under the private sector from building to running all are under the private sector . Like :- Clothes , Soft drinks ..

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Kartik Pawar 3 years, 11 months ago

L ph

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